Successfully trading on Betfair looks simple, lay at a price less than you back at and you win. Bigger this gap, bigger the profit. It is all about volatility trading and odds movement analysis. So bigger the volatility, bigger the chances you end up with a winning.
One of the sports with the highest volatility is tennis. In Grand Slam® tournaments players must win 3 sets of 5 to win the match. In competitive matches, where strengths of the opponents are similar, this is often a very long journey where anything can happen and fortunes of the players can change and overturn several times for the slightest errors or unfortunate injuries. An example? The Isner–Mahut match at the 2010 Wimbledon Championships holds the record for the longest tennis match both in time, 3 days, and games played, 183.
A ladder interface is nothing more than a particular view of the data which allows to place, modify and cancel trades very quickly, perfect for scalpers or spread traders and traders operating in very volatile markets, where prices change very quickly. Trading on Betfair is actually not much different from trading on the Stock Exchange. Laying and backing sporting events is just like buying and selling shares, and many techniques and strategies can be utilised in both the worlds.
The ladder interface is available on almost all Betfair trading apps and allows traders to place orders into Betfair quickly (one-click) and precisely and hence in a larger number and in a shorter time frame than you would normally do on the Betfair platform itself.
Weight of money is a very powerful indicator used predominantly by Betfair traders. If proportionally more people are looking to lay on an event the price is likely to go up, while if more people are looking to back a selection the price will go down.
With the weight of money (WOM) settings, there are seven formulas any one of which can be selected to calculate the weight of money value and drive the indicators such as the Betfair trading ladder.