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Thursday, December 18, 2008 

The Quest For Automatic Betfair Trading Software

Anyone who has ever frequented the online betting exchange betfair will recognize that it has enormous potential for making money by betting on sporting events. After the betting exchanges came along they created a demand for dedicated software products. These products go beyond the limitations North Dakota Lemon Laws the normal betfair.com website and take trading to a higher level.

One particular kind of exchange software product that is much sought after is the automatic betfair trading software. This software is designed to run on its own once it has been set up. An automated software program such as this will undoubtedly have teething problems initially.

Software that could place a number of back and lay bets would be worth its weight in gold. It would reduce the amount of time spent monitoring both the market on the betting exchange and also the sporting event that was being traded.

A tool that is essentially a set it and forget solution will have mass appeal to almost all betting exchange users and sports betting fans. The problem is that any such program would not be foolproof and could be prone to costly errors. Another downside is that if all users had access to the same software then its effectiveness would be negated.

The idea of automatic betfair trading software is a fanciful one but the reality is that such a product with 100% reliability and uptime simply does not exist. If this product were to materialise it would need a robust connection to the betfair servers. If it were extensively tested and fully automated then it would also presumably carry a hefty price tag.

There is plenty of high quality betting software products available. These provide a degree of automation with the option of triggered betting and stop loss functions. This is probably the closest we will come to the idea of a bot that can be programmed to trade sports on the betting exchanges without any human involvement.

For more information on betting software including product reviews and advice please visit www.bettingsoftwarereviews.comBetting Software Reviews for a collection of detailed resources on the subject.

The author is a vastly experienced writer and sports journalist with a keen interest in cricket, football, sports betting, financial trading and investments you can see some more of his work by visiting www.crickettradingsystem.com/Betfair Cricket Trading a collection of successful cricket trading techniques for use on the betting exchanges.

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