June 9, 2009

Robobets

I’m beginning to see a pattern here.

No winners yesterday.

Daily Profit: -£85
Total Profit: +£26.32

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

0 comments

Monday 8th June

Just the one today, a winner on EURUSD:

 

Edit: I had quite a few people ask why I didn’t take the 2.45 trade on EURUSD 10/15 charts. Although the unfilled PTP’s appeared at 2.45/2.50, the market didn’t hit the entry point until after 3pm, which is my cut off point. I don’t trade after 3pm and this trade didn’t qualify until after this time. If you do trade after 3pm then this was valid.

Filed under Forex,Spread Betting by Graham

0 comments

June 8, 2009

Robobets

No winners yesterday.

Daily Profit: -£90
Total Profit: +£111.32

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

0 comments

June 8, 2009

Nailed On System

FINAL REVIEW

This is a selection system from Anthony Gibson, in the form of a nine-page ebook, and is a fusion of his selection methods Money Talks and Early Money Talks.

The system is applied to both National Hunt, Turf and All Weather meetings, subject to the time of the year, providing certain criteria are met. Access to live prices is required during the morning, and I found during the test that to find selections took me no more than around fifteen minutes, even when there were five of six meetings to be looked at.

I took prices for the results of the test at two minutes to the off, so you could receive different results, based on when prices were taken.

There are two parts to the system (I called them Systems A & B to make life easier for me). System A relates to horses given certain price criteria, and information gained from the Racing Post. System B revolves around backing horses from certain trainers, both flat (turf and all weather) and National Hunt, providing certain criteria are met.

The results of the test were as follows:

System A:

Bookmaker SP: -£77.46
Betfair SP: -£70.16
Number of winners: 7
Number of selections: 21
Strike rate: 33.3.%

System B:

Bookmaker SP: £36.79
Betfair SP: £64.91
Number of winners: 50
Number of selections: 88
Strike Rate: 56.8%

Overall, a small loss was made, and normally running a test over two months would have given enough time for a system to show it’s true colours. I am not sure this can be said for System A, as there were only 21 selections (less than one every other day) found within the criteria during the test. There could be an argument behind laying these selections, but based on 21 selections, would need a longer time to see if this would still be the case.

The amount of profit shown by System B reflects the prices of the horses selected, as although the strike rate was very good, less than £1 was made per selection.

Therefore I would have to give the system overall a neutral rating, as although simple enough to implement and run, has not provided a level of profit that you would like to make from a system, but it would appear that running System B on it’s own would make a steady if unspectacular profit.

You can get Nailed On here:

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

Filed under Backing,Horse Racing Systems by David Aston

0 comments

FINAL REVIEW

The Betting Vault Membership is not a system per se, but a method of betting with selections provided by Ian Morris and his team. The selections themselves are supplied by e-mail, the vast majority of the time were received the previous evening, and during the test, on only a handful of occasions did the e-mail arrive on the day of racing, always in plenty of time before the first race.

I sent Ian a number of e-mails during the test, and found that the replies were courteous, helpful, and within a few hours a reply was received to any questions that I had.

The two ways of using the selections are either to level stakes, or to a loss recovery method, using a stop loss should you wish to do so. The e-book suggests a stop loss of 5, 10 or 15 points. For the purpose of the test, I set a stop loss of £35, attempting to win £3 per cycle. The bets themselves being placed in the win or place market, depending on the odds available at time of placing.

Using the loss recovery method is straightforward, I used a spreadsheet to calculate the stakes for me, and took the odds from Betfair at two minutes from the advertised start time. Of course you could receive different results depending on when you placed the bets, and of course you could use a betting bot to place the selections for you.

During the test, I had a gap of a month 28th March to 27th April, caused by a holiday, and a loss of internet connection, so the results do have a large gap, where I believe the selections made a profit. I have not included these results, as I was unable to follow live racing as per the rest of the test.

Overall the results of the test were as follows:

Using Staking Plan:

Starting Bank: £300.00
Loss: £40.97
Finishing Bank: £259.03

To Level Stakes:

Starting Bank: £300.00
Loss: £26.64
Finishing Bank: £273.36

So, both banks lost money during the test. However, on a number of occasions the stop loss was invoked, and the next selection went onto win it’s bet. I have not looked at what difference that this would have made, but I suspect that the staking plan bank would have at least broken even

Therefore I am going to give the test a neutral rating, although it lost money from the banks during the test, I can see the value of the selections, and with a little fortitude, would make a profit.

You can subscribe to the Betting Vault here:

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

Filed under Backing,Horse Racing Systems by David Aston

0 comments

June 7, 2009

Robobets

Ten steps forward, nine steps back, then another ten steps forward!

Two winners yesterday at 42.00 and 17.00, unfortunately eight and a half points less than their average.

Daily Profit: +£181.32
Total Profit: +£201.32

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

0 comments

June 6, 2009

50% Favourites System

King Fingal 2nd :( 

Opening balance £101.38

-1.00

Closing balance £100.38       

Profit + .38

So far all the selections have won a place, so there might be a system there with some kind of staking plan?

Time will tell, but so far this is looking promising. I like the fact that it takes less than 2 minutes to skim through the cards to find a qualifying race the night or morning before. The simplicity of the system and the fact that it can be set on a Bot makes it very appealing, especially if it shows a profit at level stakes.

Filed under Backing,Horse Racing Systems by Tony McCoy

0 comments

June 5, 2009

Robobets

Ten steps forward, nine steps back. 

No winners today.

Todays Profit: -£175
Total Profit:  +£20

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

0 comments

Friday 5th June

An eventual winner on the EURUSD this afternoon:

Followed by another winner:

Filed under Forex,Spread Betting by Graham

0 comments

June 4, 2009

Robobets

One winner today and I made £41.50. We had an announcement today about an upgrade to the bot which is going to be released on Sunday that allows you to take the Betfair SP if you wish as that is always guaranteed to be matched, although I’ve not had a bet unmatched yet and I seem to be getting more or less the published odds.

They’ve also added a feature that allows the bot to re-connect to Betfair automatically should connection be lost during the day, so you can safely leave it on and go out without worrying about it completely stopping if the connection gets temporarily broken by Betfair. It won’t work though if the bot is stopped or shut down. A few people have asked about running the bot at work and home without missing the selections whilst traveling.

I asked Clive about this and this was his reply:
 
“To use Robo Bets your computer needs to stay connected to the internet. Whilst we would liked to have offered a completely online solution this is against Betfair rules and all Vendors can only produce a downloadable stand alone application that runs on member’s computers.
 
If anyone uses a service that does not use this method then the service is not Betfair approved. The betting system is not certified by Betfair as safe for Betfair members to use and if Betfair found out they would close the member’s betting account. These tipster services use “Screen Scraping” techniques and not the Betfair API. Betfair is extremely secure and I am not suggesting that your money is at risk because I do not believe it is. However you have made your account available to a third party and this is not permitted.
 
In order to keep your Internet connection alive you need to make sure that your computer does not go into standby mode. Sleep mode however is fine.
 
You can do this from your computer’s ‘Control Panel’ under ‘Power Options’.
 
I also suggest that you consider adding the password option to your screensaver to prevent access whilst you are away from it.

The Robo Bets membership allows only one Bot to receive selections at a time.
Members who like to follow the selections during the day can login with the Bot at work.

When it is time to leave then they should leave the Bot at work running.
 
When at home the member can login with a second copy of the Bot on their home computer.

This will stop the Bot at work from running and receiving selections and the member can safely follow the remaining selections from home in the knowledge that they are not duplicating any bets.”

Todays Profit: +£41.50
Total Profit:  +£195

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

0 comments