Mystery horse bot is a simple piece of software that sits on your VPS (ideally), and watches Betfair exchange prices specifically on UK Horse Racing. Just before race-off, the bot will place BACK bets on selections in the Win Market that fit a preset criteria (that you are not privy too, nor do you need to be – I guess this selection criteria is the mystery). You can of course run it on your home PC but this will require the PC with a permanent connection to the internet during racing.
The software is simple to install and quite modest in its’ aesthetics with a simple listview on the left hand side showing the races for the day and on the right hand side a list of the bets the bot has placed during racing. The bot will continue to place bets throughout the day until either of two things happen. Either a take profitstop is hit or stop loss is hit. Recommended stops levels are enabled via buttons within the software but these can be overridden with your own preferences if necessary, (there is also a demo mode for you to trial the software if you so wish).
The bots default stop-settings are : a provisional 3.5 point profit target OR a 6 points loss, (I state provisional as actual figures achieved will be determined by timing between races, if a race is late starting the next race can place bets before the previous result is known).
The bot is set to place its bets 30 seconds before race off and with selections being price related – as prices move rapidly in those last few minutes – not all subscribers will get exactly the same selections as one another.
The bot can place up to three selections in one race and on these occasions it will split the stake equally among the selections (this setting can also be overidden if you so wish)
Despite its encouraging results last year, during the period of this review Lady Luck was working against proceedings and Mystery Horse Bot has really struggled to prove itself.
Whilst a recovery of sorts was made in January after a terrible December, the bot still wasn’t able to make sufficient ground to regain a profitable position.
Staking a £6, split equally on up to the maximum of three bot selections.
Total Points : 40 LOSS (Profit & loss /accounting for Betfair commission on winning bets) a loss of £218.60
FINAL balance : £862 (start bank : £1200) / Representing a loss of £338
I like the simplicity of this software and on some days, the bot finishes in the first race having achieved its profit target for the day, but on most other occasions it was a protracted battle as evidenced by the final balance. Mystery Horse Bot has to be FAILED on account of its selection process simply not being accurate enough for a profitable return to be seen during the trial period.
You can get Mystery Horse Bot here:
Update : Confusingly enough, Graham made contact and advised that he had in fact made a marginal profit of £27 to £6 stakes over the same period using the same stop levels.
My Summary Results
|Points P/L Reported by Bot
Note a difference of 40 points between actual P/L and that reported by the bot.
Now I do know that selections are not set in stone, ie. they are price dependant so bot selections on one setup may not necessarily be the same on another as the market can move quickly in the closing stages of betting. But, I understood that differences between are likely to even out over the longer term. I think the main issue here is that the bot does not account for Betfair commission on the figures that it reports and correspondingly the profit stop doesnt take this into account either.