Gruss Betting Assistant Review: Will it Help You Win? 2024 Update

Why Use Gruss Betting Assistant?

Although not essential, using an app, such as Gruss Betting Assistant can make trading a much easier process.

Without one-click betting, effective pre-race horse trading is incredibly difficult. It’s certainly possible to trade using the Betfair Exchange website alone, but you’ll often miss good opportunities because it takes too long to enter or exit the market. The markets move fast!

Also; without the ladder interface, it’s very difficult to get a clear picture of the market. For example; you might see that there is a lot of money waiting to be matched at a key price on the ladder that is too far away from the last traded price to be shown on the website. This could change the price action if you weren’t expecting resistance in the market at that point.

Whilst trading software doesn’t make you a better trader, it can help improve your efficiency. You’ll be able to access market information easier and place orders quicker than you would be able to without any software.

Software such as Gruss is probably less important for people who are placing simple, back or lay bets. The software is designed primarily for traders who need to enter or exit positions in the market quickly. Which is why it was so popular with in-running punters when first released. Unfortunately, Gruss isn’t as heavily marketed as others software so many new traders don’t find it. It’s a shame because it’s a good trading app.

Gruss Features:

Gruss is always adding more features but here are the main ones that stand out and that you will likely use the most:

One-click Betting

Arguably the most simple feature but 100% the most used and most helpful. This is especially true for fast-paced trading such as pre-race horses or any in-play trading where you need to act fast.

One-click betting allows you to preset a stake amount and place a bet with one click of the mouse. Without this, you would have to click on the odds, enter a stake amount and click to confirm your bet. It doesn’t sound like much, but you can miss out on profitable trading opportunities within a second if you’re too slow to enter the market.

Dutching Facility

Dutching means to bet on multiple outcomes of an event in order to produce a guaranteed profit. Gruss software can make dutching much easier by calculating stake amounts, automatic betting and the ability to set stop losses.

Ladder Interface

Originally used in financial markets, ladder interfaces allow the user to see all orders within a market. When using the Betfair Exchange website, you will only be able to see how much money is available at a small number of price points. The ladder interface allows you to see a much wider range of odds and the orders that are being placed/withdrawn within them.

Tick offset with stop-loss

A lot of traders find tick offsets helpful when scalping. When you place a stake in the market, the software will automatically place a trade on the other side of the book at an offset of your choice. For example, if you want to scalp for 2 ticks profit, you can enter “2” into the tick offset box. The software will wait for you to place an order and automatically place a closing trade 2 ticks away. Should anything go wrong, you also have the option to set an automatic stop-loss. I don’t believe in stop-losses, but still, the options are there.

Allows automated betting from Microsoft Excel

With some basic knowledge of Excel, you can put Gruss to work and use it for automated betting. They have plenty of tutorials on how to do this properly on their website. The software will work with an Excel sheet and place orders within the market according to commands within the sheet. These orders can be triggered once the odds reach a certain point.

Gary and Russell are quite open to suggestions and actively encourage people to get in touch with ideas to improve the software, which is great. If you visit the contact page on their site, you’ll find details to get in touch and inquire about more features.

Is Gruss Betting Assistant Software Safe?

Whilst you do enter your Betfair login details into the software, this information is not recorded by Gruss. It is simply referenced with the chosen exchange and if correct, you will be able to trade from your account.

Arguably the most important safety aspect you should be focusing on is yourself. With one-click betting enabled, it’s very easy to accidentally place an order that could cost you dearly. Because of this, you should try to remember to close the software down when you’re not actively using it, avoiding any miss-clicks.

When thinking about using any product or service around Betfair or Betdaq, it’s always best to check their respective apps directories. Much like this website, Gruss is listed on both.

Using Gruss Betting Assistant:

Most sports trading software works in a similar way. If you have used other sports trading software before, you shouldn’t have too much trouble using Gruss.

Gruss has a forum available to talk with other traders and ask for help when needed. You can also find plenty of useful resources on their website which includes trading videos and explanations of the software.

Using Excel With Gruss Betting Assistant:

The ability to link Excel worksheets with Gruss Betting Assistant makes the software much more powerful than on its own. On their forum, you can find lots of threads with examples of using the software with Excel to trigger bets into the betting market.

What are triggered bets?

Using Gruss and Excel together, you can define conditions that will trigger the software to do something. These conditions can be anything from time, price movement to favoritism. Following these conditions being met. You can then set the software to automatically place an order or perform another action (such as greening up) automatically.

Triggered betting can be used for automatic trading or a combination of automatic and manual. For example; you might want to manually trade pre-race odds but then use the software to automatically green up before the off, just in case you forget!

Automated Scalping…

The Excel integration allows for all kinds of automated trading.

One of the most common forms of trading, especially for newcomers is scalping. This involves placing orders at either side of the book that are just a few ticks away from each other. This is best done in stable, sideways markets where there is little volatility.

Luckily, the Excel link with Gruss allows for scalping to be automated. But of course, it’s always worth keeping an eye on it and putting it to use in the right markets.

On the Gruss forum, you can find all kinds of shared Excel files that work with Gruss to help trading, be it manually or automated. Gary has shared a simple scalping sheet on the forum free of charge. You can find it here.