From the category archives:

Betting Bots

When you buy the Full Time Betting Income package you get access to a members area where Chris provides ongoing training and general support to help you become successful with your betting.

I asked Chris if I could post this video so you can have a look at the sort of thing he is providing:

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Filed under Betting Bots,Horse Racing Systems,Laying by Graham

Here are my results from using the Full Time Betting Income system.

I’ve started, as recommended, with a £200 betting bank and will use the ratcheted staking plan on a daily basis (rather than race to race) as I am using The Grey Horse Bot to place my bets for me. There is nothing wrong with the free bot that comes with the system it’s just that The Grey Horse Bot is much quicker to set up and I have it on my VPS anyway.

1st June

Bank: £200
Stake:£7
Profit: £4.48

2nd June

Bank: £204.48
Stake: £7.16
Profit: £6.80

3rd June

Bank: £211.28
Stake: £7.40
Profit: £8.14

4th June
Bank: £219.42
Stake: £7.68
Profit: -£13.75

5th June

Bank: £205.67
Stake: £7.68
Profit: £0

6th June

Bank: £205.67
Stake: £7.68
Profit: -£4.99

7th June

Bank: £200.68
Stake: £7.68
Profit: £7.30

End of week bank: £207.98

So the system made me £7.98 in the first week.

This is going to be a long term test because, as with any investment program, initial gains are expected to be minimal with the real growth kicking in further down the line.

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Filed under Betting Bots,Horse Racing Systems,Laying by Graham

Week 4

I am not sure what risk level the official results are using; here are my results for “medium” risk. These do differ from the official results.

Day Bets P/L
30/05/2011 36 -1.73  
31/05/2011 17 1.10  
01/06/2011 24 -0.21  
02/06/2011 38 -5.51  
03/06/2011 0 0 Away
04/06/2011 44 -2.08  
05/06/2011 12 -2.73  
       
Week 171 -£11.16  
Overall 701 0.42  
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Filed under Betting Bots by Arthur

Week 4

I am not sure what risk level the official results are using; here are my results for “medium” risk. These do differ from the official results.

Day Bets P/L
23/05/2011 27 2.77  
24/05/2011 35 4.88  
25/05/2011 19 -9.28  
26/05/2011 0 0 Accidentally turned bot off, oops
27/05/2011 20 2.01  
28/05/2011 40 1.39  
29/05/2011 21 -0.13  
       
Week 162 £1.64  
Overall 530 11.58  
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Filed under Betting Bots by Arthur

Week 2

I am not sure what risk level the official results are using; here are my results for “medium” risk. These do differ from the official results.

I was away for a few days last week and missed a few days.

Day Bets P/L
       
15/05/2011 16 -1.89  
16/05/2011 35 -1.87  
17/05/2011 31 4.58  
18/05/2011 38 2.92  
19/05/2011 Away    
20/05/2011 Away    
21/05/2011 Away    
22/05/2011 Away    
       
Week 104 £5.63  
Overall 368 9.94  
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Filed under Betting Bots by Arthur

I am not sure what risk level the official results are using; here are my results for “medium” risk. These do differ from the official results.

Day Bets P/L
08/05/2011 41 -£3.37
09/05/2011 48 £5.86
10/05/2011 24 -£3.29
11/05/2011 34 £9.95
12/05/2011 31 -£8.64 Bot started an hour late
13/05/2011 47 3.95
14/05/2011 39 -0.15
       
     
Week 264 £4.31
Overall 264 £4.31
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Filed under Betting Bots by Arthur

Betfair Bots – UKIRE Bot 1P

I am testing a Betfair Bot called UKIRE Bot 1P which costs € 120 (approx. £100 depending on exchange rate). To run this bot you will need:

  • Betting Assistant (www.gruss-software.co.uk); free first month then € 6 per month.
  • A Betfair account registered to Betting Assistant
  • Microsoft excel (to read our bot)

You launch Betting Assistant and the Excel spread sheet any time before the first race of the day. A minute or so to setup and leave well alone.

Apparently this bot works only in the UK/IRE horse racing market, I will only be following UK races.

Because there is potential for a bot to empty an account I will be using a betting bank of £100. This level of staking is never going to make me a fortune! The estimated monthly returns are 10%, so I may make a tenner. What I need to gain confidence in is that the bot does “what it says on the tin”, I can increase stakes from there.

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Filed under Betting Bots by Arthur

May 10, 2011

Form Wizard-Pro

Graham has asked me to look at a piece of horse rating software called Form Wizard-Pro, which comes with a very good (claimed) record for finding good running horses.

On payment of a reasonable outright purchase fee, you are directed to a site to download the program where you will also find a very comprehensive selection method which can be used in conjunction with Wizard-Pro, if desired. There are several suggestions for using the software profitably as well, which have been sent in by existing users. There is also a link to an instruction manual to get you started.

On opening the program, you are presented with the initial ratings form. At first sight, this looks a little dated, but it works well enough. Here, you fill in the details of the race and the horse’s record, then click a number of boxes to indicate various aspects of its previous form. When finished, you click Next and a rating appears. You carry out this process on three or four horses at the front of the betting in the RP forecast. There are two ratings forms which can be used, depending from where you are sourcing your form information.

Due to time constraints, I chose to use the simpler of the two to find the best bet for the day. Having rated a number of races, I chose the horse with the biggest gap in the figures. Today, this occurred in the 14.20 at Ascot, where Alainmaar had a gap of 30 points, by far the largest. Somewhat to my surprise, it romped home by 6L, at 2.62SP. Not a bad start at all.

I don’t think it’s necessary to give regular results for this, because it isn’t a service which feeds you selections, it is simply a tool to assist a certain selection process. It’s fair to say that it appears to be a rather good tool for that purpose, provided that you use this type of selection method to find your bets.

I’m sure most punters will be familiar with the sort of method I mean, both in horse racing and football. You draw up a form sheet with a number of columns in which you assign a score for each aspect of form which you regard as important – or, in the case of football teams, previous results against today’s opposition. At the end of this process, you add up the overall score and compare it with other teams or horses. This is what Wizard-Pro does, you provide it with lots of relevant information about the previous performance of the horse by ticking boxes and it assigns a rating. You carry out this process with all the horses in which you are interested and compare their ratings. You find the information you need in either a daily paper, or, for a more comprehensive process, the ubiquitous Racing Post.

Many people will already be using this method, laboriously drawing up the necessary tables each day and to those people this program will be a real boon. The method has much to recommend it for those who like to study the minutiae of form; personally, I prefer less time-consuming methods. However, I can’t deny that if you do have the time, it does seem to point up at least regular place bets, since I have seen one winner and three placed bets in a mere four days.

On this basis, then and because it’s quite modestly priced, I feel that an Approved rating is indicated.

You can  get Form Wizard-Pro here:

http://www.cash-master.com/formwizard.php

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Filed under Betting Bots,General by Terry Shepherd

April 20, 2011

Secret System Lays Bot

I checked the bot today and saw that it had some considerable losses over the last week, wiping out pretty much all previous profit.

The profit now stands at £162.50, based on a £10,000 betting bank. I think most people would use £1000 or even £500 betting bank so the profit translates to £16.50 or £8.25 after nearly six months of testing.

I think it’s time to wrap up this trial. I do not expect anyone would continue paying £99 per month, even if they were using a £10,000 betting bank as they would still be very much in the red after subscription costs.

This is a shame as the bot worked very nicely with no problems at all. It just didn’t make any money. I have no choice but to label this service as failed.

You can get a 14 day free trial here:

http://www.cash-master.com/secretsystemlaysbot.php

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Filed under Betting Bots,Horse Racing Systems,Laying by Graham

April 19, 2011

High Class Hype Horses

It’s been a month since my last update on this bot.

As usual, I’ve just left this bot running 24/7 on my virtual server, rarely checking it. Looking back over the last month I can see it went further into negative territory with the bank going down as low as £326.15 on 6th April.

It’s had a pretty good run since then though and is now back into proft, albeit small, at £513.25. (£500 initial bank)

Fortunately there is no monthly subscription required so any profit is net profit, although with these figures we are still looking to recover the initial purchase price.

I’ll do another update next month.

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Filed under Betting Bots,Horse Racing Systems,Laying by Graham