BetbotPRO Half Time Review
- The TopTrap Greyhound Profit And Loss Account On Betfair - March 17, 2022
- Betfair Best Execution – 11 Requested & Filled At 320 - January 16, 2022
- BTB System e-book - March 13, 2015
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I’m half way through my month review of BetbotPro and an interesting two weeks it has been. All Bet Bot Pro settings have remained the same apart from varying the choice of lay between 1st and 2nd favourite around the start of the UK horse racing on some days. This is after we’re well in to the UK dogs and is done manually.
We have covered all the bot selections for UK, US and South African horse racing and UK greyhounds up to around the limit currently allowed by the bot which is 100. Oddly, on some days, there have been 130+ lays which seems to exceed the limit allowed substantially. Why? I don’t know.
There have been occasional missed recoveries which have sometimes gone in my favour but, of course, more often not. When I have had the opportunity to watch the bot in action I have noticed that when there is a recovery then another loss shortly after there may only be a single recovery. A recent example yesterday – but there have been several others – was a loss at 19.25 at Louis of £36.40 then a recovery one minute later relating to a loss at 19.10. Recovery completed 30 minutes later of 22.84 relating to Louis and that was it so the following race reverted to the initial stake again where the stake should have been another £22.84. We got £1.00 sadly when Paddy Crow obliged and lost – a win for us but £21.84 short.
That is one example and there may be an explanation but when I’m set to recover 60% over two bets and you don’t see two consecutive stakes larger than £1 it does rather stick out for my eyes. If you take a look through the results here there are several more examples of this on other days.
On another related note there are many recoveries for three and occasionally for four bets. This is easy to explain. This is simply due to bet settlement delays and is unavoidable.
So, where are we financially? 14 days and approximately 1700 bets later we are at a profit of £3140.83 gross without a losing day… yet! Based on my studies I expect one losing day every month. The goal here is to achieve a net £1 profit on every selection so currently there is approximately £1400 set aside for such an event. To be comfortable we need to continue as we are and if we do then one losing day with a stop loss will not have a big impact over the month. Two losing days, however, will be a nuisance.
Ladies and gentlemen, have a great day’s racing , a fantastic weekend and stay safe wherever you are. And, good luck to you all, as always.
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In 2021 TradeHost traded 7,937 Betfair UK, IE, US & AU horse racing and greyhound markets.
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