The Betfair traders ladder can be accessed from the Main menu -> View -> Trading ladder link or by clicking the icon on the tool strip.

BetGizmo has one of the most advanced Betfair trading ladder interfaces available. The visual representation of Betfair markets is exceptionally clear giving an amazing insight into the market at any moment in time. The intuitive vertical price display facilitates one click bet submission and can be used for demanding Betfair trading activities or “simple” bet placement.

Weight of Money indicates where the majority of the money is being placed and by what magnitude. If the box is red then the majority of the money is on the lay side and if the box is blue the majority of the money is on the back side. The percentage figure is determined by the weight of money formula selected in settings. This is a valuable indication of what direction the price will move.

Chance of winning is 1 divided by best back price and shows what chance the market feels this selection has of winning.

Activity graph when clicked will display the Betfair betting activity graph for this selection.

In-Play icon apears when the event has started and the competitors are "running".

UnMatched Betfair lays are the lay bets that are currently unmatched in the Betfair market for this selection. On the classic display these are the available back bets on the back side of the grid. To place a lay bet click on this column at the price level required.

UnMatched lay column shows any lay bets you have placed that are currently unmatched. The bet can be canceled by clicking on the gold lay bet bar you wish to cancel.

Selection drop down when clicked displays all the selection (runners) in the market. When this is changed the ladder will automatically display the selected runner.

Last matched price is a notification of the last price that Betfair matched for this selection.

Total matched for this selection so far, is the money received and matched by Betfair for this selection.

Profit shows how much profit ( or loss ) will be won if this selection wins, if the text is green it indicated profit and red indicated loss.

Level button when pressed will attempt to level the profit across all selection in this market. It performs this by laying a stake of profit / best lay price on the best lay price.

UnMatched back column shows any back bets you have placed that are currently unmatched. The bet can be canceled by clicking on the gold back bet bar you wish to cancel.

UnMatched Betfair back are the back bets that are currently unmatched in the Betfair market for this selection. On the classic display these are the available lay bets on the lay side of the grid. To place a back bet click on this column at the price level required.

Ladder scroll bar enables fast vertical movement through the prices on the ladder.

Ladder prices shows the prices currently being traded. The ladder can be centered on the current prices by double clicking the mouse anywhere on this column. This column can also be set to indicate the last back or lay trade making it easier to keep track of previous Betfair orders placed.

Current UnMatched bets table shows all the Betfair orders you have placed for this selection that are currently unmatched.

Net Button shows any imbalance between the bets placed on the back and lay side. Selecting this button will make the stake for betting equal the imbalance figure.

Preset stake buttons are pre-defined stake values settable in settings.

Current Matched bets table shows all the Betfair orders you have placed for this selection that have been matched.

What is the ladder displaying?

The ladder displays the same information as the Betfair grid but in a format more appropriate for Betfair trading. The ladder displays how much has been bet but remains unmatched while the Betfair classic grid displays how much can bet bet and matched. Read that again and make sure its clear!.

For example, in the Betfair grid shown below the 2.7 odds back box can accommodate 344 back bets, which means that 344 lay bets are currently in the market unmatched and waiting for a back bet to match them. The ladder shows these bets as a red bar signifying that there are 344 unmatched lay bets in the market at odds of 2.7 waiting to be matched.

Placing a lay bet If a lay bet of odds 2.68 is required then left click the mouse on pink box to the left of the 2.68 price on the green price ladder. This bet would join the unmatched queue behind the other 830 unmatched lay bets and a gold unmatched bar would appear.

Place a back bet If a back bet of odds 2.68 is required then left click the mouse on the blue box to the right of the 2.68 price on the green price ladder. This price will be matched immediately because there are lay bets available to match the back.

Selecting a betting stake

There are six preset stake buttons and a net button, selecting one of the stake buttons turns it green to indicate what amount stake will be submitted when a bet is placed on the ladder.

The six preset stake buttons do not change but are configurable in settings to display your preferred Betfair trading ladder stakes.

The Net button displays the imbalance between all matched back and lay bets, this is because when trading back and lay bets must be equal to form a complete trade. This button is used when, for example a bet is partially matched or canceled while being matched, which would mean one of the preset stakes would not be able to equal the matched amount. In this example the Net button would display the imbalance amount and if the Net button is selected and a bet placed, the stake size would equal the net imbalance and enable a complete trade to be performed.

Canceling a bet

Canceling an unmatched bet is simple, just click the gold unmatched bet that is no-longer required, this will immediately issue a cancel bet order to Betfair.

Additional indicators

To help keep a visual track of the last bet placed without continually checking the matched bets table a ladder bet indicator can be activated in settings. When activated the last matched back or lay bet will be displayed on the price ladder, the price cell will turn pink on blue indicating that the last matched bet was a lay or a back respectively.

Moving the ladder

The price ladder can be centered around the current Betfair market activity by simply double clicking the green price ladder. The scroll bar to the right of the ladder can also be grabbed and moved with the mouse. The ladder can also be moved using the scroll wheel on your mouse.

Configurable settings for the Betfair trading ladder
- One of eight different weight of money formulas can be selected.
- Preset Betfair stakes can be set.
- Enable / disable bet confirmation messages when Betfair orders are place.
- Display last back or lay indicator on green price ladder.