The Geeks Toy Now With Training Mode

Posted on November 8, 2011 by  

Fancy getting into sports trading but are a little worried about the effect it might have on your balance if you make a few mistakes as you learn the ropes? And whilst risk free betting is the perfect way to grow your betting exchange balance to play with how about a second option too.

Well he latest version of the brilliant Geek’s Toy software (the FREE Betfair trading application) now includes a very handy new feature, a full blown Training Mode.

Over to The Geek himself to explain all….

Training Mode

In this version you will be given an option at log in to use either Betfair Live or Training mode. To choose Training Mode, select it from the “Betfair Live” drop down next to the login button. In training mode you will be playing with pretend money. Once you have logged in, you can set your starting bank via Main Info Bar Menu->Training Mode Starting Bank

As there is no current accurate way to determine the market settlement, then in training mode your bank is automatically adjusted in line with your market exposure. Should you have a greened market, your balance is adjusted upwards minus 5% commission to simulate real market settlement. Should you blow your training bank, you will need to restart the application. { I did that deliberately just so you can feel a little pain. }

This is the very first release of training mode, and other than brief testing by me, it hasn’t been used in anger yet so expect a bug or two as a hell of a lot of new code went into it. I have stuck it in the live release without extensive testing as there is no risk to your money in the event of a lock up / crash. Should you come across any bugs please report them here.

Also note that although I have done my best to simulate real market behaviour, training mode does not accurately reflect real money trading. This is for a variety of reasons, the main being that markets react to real money being placed which they can not do with dummy money. Whilst training mode is a good way to learn the product and the markets, there is no substitute for the real thing.

We can’t wait to try this out, imagine being able to play around with all the strategies and trading ideas with no risk to your Betfair balance. In fact this looks like a marriage made in heaven for our sister product over at

www.bettingsystemnotes.com

Play with each of the strategies, see how they pan out in the live markets all risk free and once your are happy with the way to play out, switch to live mode and go for them green screens, brilliant.

We will be covering this is great detail over the coming weeks that is for sure.

If you haven’t come across the software before then you are in for a treat. The Toy is a premium betting and trading application for Betfair, the world’s leading betting exchange. It is one of the highest performing, most user friendly, flexible and customisable applications in the marketplace today. It introduces many previously unseen features to boost your performance and productivity whilst trading. Best of all, it’s completely free to use. Not a free trial, not free limited functionality, but 100% FREE.

Here’s a couple of videos showing a basic introduction to this great bit of software….

So to grab yourself a copy of the free trading platform it’s all on the homepage www.geekstoy.com head for the bright, shiny download button and start trading, for FREE, today and start playing with a risk free bank.

Here is a little taster of the software in action, for their latest video portfolio (the full set is coming soon to bet72)

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