Wagertool or Traderline-which is the Best Trading Software?
Sports Trading is a very complex activity that involves many variables. Therefore the traders need to be methodical and they must use more than” just " their skill.
A very useful tool for every trader is a Trading software . It helps to improve your performance in betting, allowing entries and exits of games with greater profit or with less loss!
There are several Trading software on the market at your disposal. Some are free, but the best and most complete are paid, the most accessible being the Wagertool and the Traderline .
In this article we will make a comparison between the two in terms of:
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Ease of Use
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Features
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Price
NOTE: you can be a good trader beginner without using Trading Software. They are more important if you want to invest more time and money in sports Trading!
Best Sports Trading bag
Most of the software below is connected to Betfair , the best sports Trading exchange in the world. Take the opportunity to create your account on the site and get Exclusive bonuses for your bets!
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Wagertool
Wagertool is the latest Trading software on the market and one of the best for those who want to bet on the Betfair .
If you are not familiar with this type of software, no problem: it is very easy to use . Finding the events and placing your bets is quite simple as the navigation is intuitive.
Menus are customizable at various levels. You can create separate sections for a particular championship or even a team. So you can access what you want faster.
All this can be made easier if you download the mobile version. It is only available for Android smartphones and tablets.
Wagertool features
An important functionality of Wagertool is create alerts for your bets . The software will warn you whenever you go into profit or loss, which in the Trading it's critical.
By the way, is there a specific app to do cash out at Betfair, the Wagertool ® Cash Out . It is unique to this software and is indispensable for every trader!
This app alone is already worth opting for Wagertool. In addition to being free, it allows you to:
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Manage all the markets you have entered
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Cash out on all bets at once
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Close bets individually
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Cancel unmatched bets
The app still has the Cash Out Buffer . It lets you set how many ticks you want to move against you before you receive a warning to close the bet.
See in the video below:
Like many Trading software, Wagertool has a training mode . Beginner traders get to try Betfair, for example, without risking real money!
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Wagertool: price and license
Although the software and the Wagertool website are in Portuguese, the price is not in Real, but in Euros. It varies depending on the license you choose.
There are 3 plans: monthly, annual and Lifetime.
If your idea is to really invest in being a trader, we recommend that you pay the annual license. If you're just starting out, try a month to see if you really want to follow through.
The lifetime we recommend only if you have enough experience, as it is a very high expense for beginners.
The good thing is that it can test the software for one month free if you are a new user!
Download and try it!
Traderline
Traderline is often compared a lot to Wagertool, especially regarding its look and usability.
Just like its competitor, it is very easy to use. However, we point out that if you are quite a beginner, you may have a little more difficulty playing Traderline.
In the side menus you can see all sports and Markets available to bet. If you want, you can open the sports in Upper tabs, to access them faster.
Navigation is complicated precisely when you start opening many tabs at the same time. There can be a lot of information on the screen, which makes it confusing.
We still recommend that use the desktop version . On mobile you cannot see all the important information and you can still click on the wrong place unintentionally.
Traderline features
Traderline also has a training mode. It uses the data from Betfair to give a closer experience of the real.
Another feature is to bring all the statistical data and events of the games in real time. For Football and tennis can get the scores of the events.
If you like betting on Horse racing , Traderline has a very complete set of information about jockeys and animals . It brings a graph on the evolution of the odds since the markets are opened.
This software brings tables and visualizations considered more “professional”. Be 11 different views . In football games there are still tools for analyzing player performance.
Can watch live games by software!
A must-have Traderline feature is the Stop Loss .
The Stop Loss defines a financial limit for your losses. If you exceed this limit, the bet is automatically closed.
Finally, Traderline has in its database some Trading strategies recommended for each situation, which you apply as directed by the software.
Below you can see the tools available in the Traderline app:
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Traderline: price and license
Like Wagertool, Traderline is all in Portuguese, but can only be purchased in Euros.
Tip: Traderline licenses are more into account!
In addition to being financially more into account, it brings the same 30 days to try for free if you are a new customer.
Download to test!
Wagertool or Traderline: which to choose?
The answer to this question depends on your Trading level. If you are a beginner, go with Traderline. It is cheaper and offers everything a trader needs to get started.
Who is already longer in betting exchanges like Betfair, you can go with Wagertool. It brings more useful tools and has greater clarity in navigation.
The presence of a extra and free app to make cash out at Betfair it is excellent. This gives traders even more control over their investments.
A Trading software increases your chances of long-term success as a trader , as it automates everything you would do on the Betfair platform for yourself.
What you should understand is that the 2 are great software. The important thing is that you do not go to Betfair without one of them, at least if your intention is to be a serious trader.
Before that, it is not worth worrying about these tools if you do not understand the various concepts that a master in Trading must know.
We can say that both Wagertool and Traderline give you:
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Increased speed in opening and closing bets
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Charts and indicators to make more accurate choices
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Automated operations, such as cash out
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Training mode for beginners
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Conclusion
Betting on Betfair requires much more than knowledge. A little help from technology is welcome if you want optimize your earnings in this Betting Exchange.
This is the responsibility of the Trading software. Both Wagertool and Traderline are great for automating your betting.
It is worth here your level of knowledge as a trader and how much you're willing to spend. If you want the cheapest, Traderline will always be the best choice, especially if you are just starting out.
Wagertool has a more user-friendly interface, however it is more complete. Although it is more expensive, it is worth the investment if the idea is to take a bigger step in your Trading journey.
Enjoy and see our educational articles on Sports Trading:
- Strategy of Scalping
- How To Make Lay the Draw
- Understanding the Non-trading liquidity
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
