Semi Automated Systems In Conjunction With Bet Angel. Analysis Of Advanced Bookmaking, Dutching And Trading Techniques. Part 1

Jun 14th, 2008 by Addy | 0

A major factor in my development of these systems stemmed from a growing sense that far too many people are losing on Betfair and only a tiny percentage of people are making massive profits.

There is a growing feeling that professionals are taking advantage of less successful punters in the same way that Bookies have been doing for decades.

My key objective was to develop systematic strategies that would enable the intermediate and advanced punter to dramatically improve their betting experience and start to make their hobby increasingly profitable.

A true redistribution of the winning potential that should be available to everyone through Betfair.

How far a punter takes this experience and whether or not it changes their lifestyle is totally up to the individual. What you put in is what you get out. No one in their right mind should believe claims of instant wealth via any Betfair system.

Intermediate Betfair punters will have figured out by now that there is NO “system” that will work all the time. Even less is there a “system” which will work all the time, and can also be automated through computer programs.

Unfortunately as long as Betfair exists, which will be for a long time to come, new and more outrageous “systems” will be churned out to supply the demand created by exasperated and frustrated punters.

What is undoubtedly true is that if you are a form enthusiast then there is certainly value to be obtained by specializing in a specific type of racing and building good foundation knowledge of form and racing patterns.

What is also true is that through careful pre race technical analysis and a thorough staking plan, that using powerful computer systems and software a punter is now able to swing the advantage strongly in their favour.

Way before Betfair appeared on the scene, professionals have been looking for realistic systems that they could incorporate to automate their betting.

The problem with betting shops was that up until 2002 tax was charged on every bet placed. It was impossible to “build” a position and the betting shops would quickly become suspicious of people attempting to work systems and make their wagers profitable. Heaven forbid.

When Betfair appeared in 2001, a revolution happened almost overnight.

Betfair only charged commission on net winnings and even more radically it placed punters in direct opposition with each other by offering the facility to bet on a horse to lose.

This was a true innovation which betting professionals and city traders immediately saw as an opportunity to trade on sports events in the same way as they would with day trading and spread betting on financial markets.

By strange coincidence tax on wagers was removed by betting shops as early as 2002 and the tax was switched to become tax on the bookmaker’s profits.

Simple trading, also known as “scalping” or “hedging” on Betfair as such has already been covered extensively.

Most novice punters will quickly get to grips with the theory of trading and I use ladder trading in my work should liabilities on horses need reducing in a Book or Dutch, or generally to increase profitability of a position while time remains pre race.

The feedback I was getting from punters was that trading on the Betfair interface was very difficult on a day to day basis and as a general rule I have to agree. Punters would frequently tell me how they were exhausted trying to make

Leave a Reply