Refreshing: Using an App to get up-to-date prices and volume data
Having the most up-to-date information is essential when you want to trade on the exchange.
Whether you want to trade on the financial markets or trade in-running on a horse race, having out-of-date information will cost you money. It will either deprive of you the chance to maximise your profit or it will lead to a negligible loss rising to something far more substantial.
Being able to refresh the markets you are playing and monitoring, therefore, is vital to ensuring that you are working with the most accurate data possible.
Yet you don’t really want to be sat at your computer manually clicking refresh or constantly pressing F5 to get the odds and traded volumes updated. It is going to be an unnecessary distraction from being in a position to quickly place a trade when the prices do update.
The best way to get the most up-to-date data is to use a betting app where you can set the refresh rate to whatever level you want.
An app can refresh a market for you every 0.2 seconds if you want it to update that quickly. It really is up to you.
You will probably want to set your refresh rate depending upon the type of market you are playing in terms of whether it is in-play or not, and an app will let you do this.
If you are looking to bet or trade on an in-play market, then you want to have the refresh rate set at a very short timeframe indeed. Such markets are extremely volatile and you do not want to miss out on a winning position if your refresh rate is too slow.
In a market which is not in-play, then you can obviously afford to have the odds updated at a slower refresh rate. However, the nearer to the start time of an event, then the quicker you will want the refresh rate to be.
As more movement and action occurs in a market, then the faster the odds refresh to reflect their current price, the better it will be for your own strategy.
You can play around with the rate until you find a timeframe which suits you and then you can feel confident the odds will refresh at a speed which gives you the information you want.