The Essential Guide to Soccer Mystic Professional

The Essential Guide to
Soccer Mystic Professional
http://www.soccermystic.com
 2007 Optic Limited - No unauthorised re-production without permission Commercial re-distribution in part or whole is strictly prohibited. Last updated 7th June 2007

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TABLE OF CONTENTS
RISK NOTICE ... 3
Welcome to Soccer Mystic - Professional ... Error! Bookmark not defined.
Downloading and installing Soccer Mystic ... 4
Registering Soccer Mystic ... 7
Making money with Soccer Mystic ... Error! Bookmark not defined.
Connection options & Logging on to Betfair ... 9
Logging in errors ... 11
Message of the day and selecting a market ... 13
Navigating around Soccer Mystic and additional set up features... 23
Using the keyboard to navigate... 25
Safety first! ... 26
One Click trading and scalping screen... 27
One click orders... 27
Greening up ... 29
The Make Market button ... 30
Unmatched bets area... 32
Countdown timer ... 36
Soccer Mystic Trade Calculator ... 37
Soccer Mystic – Global Settings... 39
Offsetting... 40
Place fill or kill / time in force bet ... 41
‘Reversing’ the book; Using ‘force open’... 42
Offsetting by X ticks... 43
Offsetting by X ticks with greening ... 44
Stop orders... 45
Place stop at... 45
Trailing stop ... 46
Ladder / Depth of Market Interface ... 47
Highlight traded odds ... 48
Use Global settings... 48
Show full market depth and volume ... 48
Enhance ladder ... Error! Bookmark not defined.
Placing, cancelling and changing orders using the ladder ... 50
One click stop loss orders ... Error! Bookmark not defined.
Using one click stop loss orders... 51
Automation / Triggered Betting... Error! Bookmark not defined.
Setting your triggers ... Error! Bookmark not defined.
Sample triggers... Error! Bookmark not defined.
Soccer Mystic Streaming Charting ... Error! Bookmark not defined.
Using charting on Soccer Mystic Professional... Error! Bookmark not defined.
Soccer Mystic Advanced Dutching ... 54
Using the Soccer Mystic dutching margin maker ... 59
Book arbitrage and automatic dutching ... 60
Bookmaking - ‘Being the bookmaker’... 61
Using the Soccer Mystic margin maker ... 66
Book arbitrage and automatic bookmaking ... 67
Saved bets area ... 68
Microsoft Excel integration ... 70
Starting up the Excel interface ... 71
Connecting Soccer Mystic to your spreadsheet ... 72
Placing basic bets or trades using the Soccer Mystic Spreadsheet ... 74
Placing triggered bets or trades using the Soccer Mystic Spreadsheet ... 75
Fully automatic trading using the Soccer Mystic Spreadsheet ... 76
Soccer Mystic advanced order scripting ... 77
Advanced Excel integration... 78
Linking multiple spreadsheets ... 78
Creating your own market interface... 79
Creating your own market indicators ... 80
Creating automatic trading functions ... 82
Creating buttons... 83
Soccer Mystic Guardian ... Error! Bookmark not defined.
Rules area ... 84
Improving Soccer Mystic’s performance... Error! Bookmark not defined.
Dynamic Connection Tuner... 85
Your connection to Betfair ... 86
Ways to test and improve your responsiveness ... 87
Future developments of Soccer Mystic... 89
Soccer Mystic Reference Guide
© 2007 Optic Limited
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RISK NOTICE
Trading on betting exchanges is a new and exciting area for modern betting markets.
Correct use of automation and specialist software can significantly enhance your trading
capabilities. However, just as an expensive set of golf clubs does not improve your golf
swing on their own, using specialist software does not guarantee you profitability. Be
aware that because of their speed of operation and capability, software such as Soccer
Mystic can also create large potential loss making positions if used poorly, incorrectly or
in error.
We strongly advise that you familiarise yourself with its capabilities as much as possible
before committing large amounts of money to any particular market. You should also
familiarise yourself with the markets and with the way in which the odds can move, why
and also the constraints on certain markets. As an example the horse racing market is
relatively stable before the off but displays a lot of volatility just before the off. During in
running there is a one second delay and very high volatility. If you commit money into
the market at the wrong time or accidentally click on an active part of the screen you
could face large losses.
Make sure you use the smallest possible stake while testing and trading experimental
strategies to make sure you feel comfortable with the level of risk and volatility you are
likely to encounter. When you feel comfortable and you are more familiar with strategies
and how to put them to use in a market, you can move up to larger stakes. Risk can also
come from outside of your use of the market as well. Systemic risks are items such as
computer failure, unexpected outages and can occur at any stage of the exchange process.
You also have user risk such as accidental use of features and incorrect interpretation of a
market or how to trade it. As such we recommend that you have a clear and consistent
approach to any market so that you can minimise your exposure to all the risks detailed in
this notice.
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The author and publishers of Soccer Mystic and accompanying materials advice and
services have used their best efforts in preparing material. The author and publisher make
no representation or warranties with respect to the accuracy, applicability, fitness or
completeness of the contents of this material. They disclaim any warranties, expressed or
implied, for merchantability or fitness for any particular purpose. The author & publisher
shall in no event be held liable for any loss or damages, including but not limited to
special, incidental, consequential or other damages. The author and publisher do not
warrant the effectiveness, or applicability of any information detailed by us.
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© 2007 Optic Limited
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Getting started
Downloading and installing Soccer Mystic
If you wish to download your software you have two choices. Downloading in one click
or saving and storing the software before installing. If you want to keep a copy of the
software for multiple installation then using your mouse, right click on the appropriate
link and use the 'save target as' option. Confirming will download the software onto
your computer; make sure you remember where you downloaded the software too! The
software is contained in a zip file. When downloaded double click on the zip file and
click on the setup file. The software will run an installation routine, please follow the on
screen instructions and use this guide from step two. The simplest way to install Soccer
Mystic is to install it with one click.
One click downloading and installing
Step one
Locate and click on the download link you see at http://download.soccermystic.com or
the link you have been provided with. After a short period to download the software, the
speed of which will vary according to your Internet connection, the following dialogue
box will appear.
Click on the ‘open’ dialogue box. This will open a screen that looks similar to the
following screen: -
Step two
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Locate the icon called ‘Setup.msi’. This is the icon that you need to start the installation.
Double click on this Icon.
If you have successfully clicked on this icon a security warning screen will appear. This
screen is designed to alert you to the fact that you are installing ‘executable’ software
onto your computer. You are safe to select ‘Run’ to install the software.
Upgrading (repairing) or removing Soccer Mystic Professional
If you are installing Soccer Mystic for the first time then you will see a confirmation
screen and asked to agree to our license terms and conditions. If you have a previous
version of Soccer Mystic installed you will be given the choice of overwriting your
existing version by choosing ‘Repair’ or performing a fresh installation by removing the
previous version. Make your choice as appropriate. If you chose to remove Soccer Mystic
you will need to perform the installation routine again.
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Before using Soccer Mystic Professional you will need to agree to the license agreement
which Soccer Mystic is sold under. Read the terms of the agreement and then click next.
Choose where you would like to install Soccer Mystic. Most people tend to leave this to
the default setting. If your computer has multiple users make your choice of whether the
software should be universally available.
Click next and confirm the installation and your software will be installed and ready to
use!
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© 2007 Optic Limited
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Getting started
Registering Soccer Mystic
If you have a serial number, follow the following instructions. If you do not have a serial
number you may need to go through the manual registration procedure.
Manual registration procedure
Your serial number should arrive a short time after you order your product. Sometimes
serial numbers can be held in the system until released by our support team, if for
example there is a query with your order. If you think you should have received a serial
number but haven’t, please contact Soccer Mystic support with your Betfair username so
we can 'switch on' your account. We will do this as quickly as possible and are in
attendance during most key times and during normal UK office hours but occasionally
there may be a delay before we can set you up. We may send you a serial number anyway
so that you can register yourself. This is the most secure way of registering.
Setting up your account with a serial number
If you are a new user of our service, before you can use it, you will need to register with
us. You can only use the software once you have registered, if you do not register you
will not be able to use the software. You can only register once you have received a serial
number from us. If you don't have a serial number, please allow a reasonable time for it
to arrive by email. You will already need to have a Betfair account to use Soccer Mystic.
When you install and use Soccer Mystic Professional you will see the log in screen. In
this area you will see a link called 'Register Soccer Mystic using serial number'. Click on
this link.
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When you click the 'Request account' link the software will ask you for your Betfair
username and a serial number. Your serial number will be sent to your automatically by
email along with your order confirmation, please some time for both these emails to
arrive. If you fail to receive a serial number please use the manual registration process to
register your software.
Enter your Betfair username. If you do not have a Betfair account then you will need to
apply for one by visiting the Betfair web site and follow the ‘Join now’ link.
When you have entered your Betfair username and your serial number, click the register
account button. Soccer Mystic will confirm that your software is registered and you will
be free to use the software immediately. If Soccer Mystic detects a problem with your
registration it may halt the registration and ask you to contact our support team.
Upon successful registration Soccer Mystic will display a short greeting message
confirming your registration. Click on OK to return to the log in screen. The final step is
to log in and start enjoying Soccer Mystic professional.
Soccer Mystic Reference Guide
© 2007 Optic Limited
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Getting started
Connection options & Logging on to Betfair
In order to be able to use Soccer Mystic you need create custom settings and give Soccer
Mystic some information to allow it to log into Betfair.
Logging on to Betfair
Locate the Soccer Mystic icon on your Windows desktop or via the Windows start menu.
Double click or single click this icon and Soccer
Mystic will open. Enter your Betfair username in
the ‘Username’ area of the Soccer Mystic Account
area and also your Betfair account area. If you want
Soccer Mystic to remember these usernames, which
should both be the same, tick the ‘Remember User
names’. Also enter your passwords into the
appropriate area. Your Soccer Mystic password will
always be different from your Betfair password,
this is for security reasons. We do not know or store
your Betfair password and don’t want any clues as
to what it is, so we recommend both passwords
have to be different.
You should also tick the ‘I accept the Betfair API
terms and conditions’ text. Your access to Betfair’s
API is reliant on acceptance of these terms.
Selecting a currency
Connection mode
Additional settings can be created at this time. Leave the connection mode in the default
mode in which you first see it. Do not change the connection mode unless you have been
instructed to do so by Soccer Mystic support.
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Accessing ‘Australian’ markets
If you would like to bet or trade on an ‘Australian’ market, you will need to log into your
Australian wallet. To do this make sure you tick the ‘Use Australian wallet’ feature.
Make sure you have logged into Betfair to transfer funds to your Australian wallet or else
your account balance will show zero.
‘Australian’ events are dictated by Betfair and there are no hard and fast rules on what is
and isn’t an ‘Australian’ market. Check on the main Betfair screen under the rules section
in a market to check which jurisdiction it comes under. If you are logging into Soccer
Mystic and see no markets it could be that you still have ‘Use Australian wallet’ ticked
but are trying to view non-Australian markets.
Logging in
Once you have completed your usernames, entered your passwords and set other log in
features all but your passwords will be remembered by Soccer Mystic. When you are
ready to start click the ‘Log in’ button.
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© 2007 Optic Limited
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