Notification types

BETMATIC currently supports three types of notifications: Fixed Wager, Fixed Profit, and High Odds First.

• Fixed Wager Fixed Wager notifications are used when you want to place the same wager amount across all betting accounts. When creating a notification, you specify the stake amount (in dollars), and the bot will attempt to place that amount for all running sessions (bet accounts).

  For example, if you set the stake amount to $20 and you have 10 sessions running, the bot will place $20 for each session.

  There is an additional option called "Ensure Total Wager" that you can enable. With this option, instead of specifying the wager per session, you can specify the total amount to bet. The bot will then calculate the wager amount per session by dividing the total wager by the number of bookies.

  For example, if you set the stake amount to $200, enable the "Ensure Total Wager" option, and have 5 sessions running, the bot will place $200/5 = $40 for each session.

  If you also enable the "Allow Double Bets" option, the bot will retry any failed bets on other successful bookies to ensure that the total wager amount is met. This option is particularly useful for punters who strictly follow tipsters.

• Fixed Profit Fixed Profit notifications are used when you want to target a specific profit for each betting account. When creating a notification, you specify the target profit amount (in dollars), and the bot will calculate the proper wager amount based on the current odds and place bets for each running session (bet account).

  For example, let's say you set the target profit amount to $100 and you have 2 sessions running - SportsBet and PlayUp. When the bot receives the notification, it checks the odds at the moment on these two bookmakers. Suppose the odds for the specified runner are 6.00 for SportsBet and 5.00 for PlayUp.

  In this case, the bot will wager $100/(6.00-1) = $20 on SportsBet and $100/(5.00-1) = $25 on PlayUp, aiming for a $100 profit on each account.

  There is an additional option called "Ensure Total Profit" that you can enable. With this option, instead of specifying the target profit per session, you can specify the total target profit. The bot will then count the available running sessions, divide the total target profit by the number of bookies, and calculate the wager amount per session accordingly. If any session fails to place a bet, the bot will retry on other successful bookies to ensure that the total profit is achieved.

• High Odds First High Odds First notifications are used when you want to wager as much as possible on the bookie with the highest price. When creating this type of notification, you specify the total wager amount (in dollars).

  Once the bot receives the High Odds First notification, it checks the current odds on all running sessions. It starts placing bets from the session with the highest odds and tries to place as much as possible. If the first bookie accepts the entire amount, the process is completed. However, if the bookie rejects some of the amounts, the bot moves to the next bookie with the second-highest price and attempts to place as much as possible again. This process continues until the bot has placed the entire specified amount or it fails to find available bookies.

  For example, let's say you set the total wager amount to $1000, and you have 3 sessions running - Pointsbet, Sportsbet, and Ladbrokes. When you create the notification, the bot receives it and checks the odds at the moment for these three sessions. Suppose the odds for the specified runner are 6.00 at Sportsbet, 5.00 at Ladbrokes, and 4.0 at Pointsbet.

  In this scenario, the bot would attempt to place $1000 on Sportsbet first. Let's assume Sportsbet accepts only $600. The bot would then move on to Ladbrokes and try to place the remaining $400. If Ladbrokes accepts the entire amount, the process is finished. However, if Ladbrokes accepts only a partial amount, say $300, the bot will proceed to Pointsbet and attempt to place the remaining $100.

  This way, the bot prioritizes placing bets on bookies with higher odds, maximizing the wager amount on those with the most favorable prices.

Please note that the actual wager amounts may vary slightly due to rounding. (👉 Session Settings)