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Tuesday, 8 December 2009

Betting Bot - Results - End

I am going to knock the bot on the head - after months of results and thousands of races we still hang around the break even mark. It is not surprising really. In-running markets are largely efficient on betfair - even if they are not always efficient. It is how you pick up on the inefficiencies that matters.

If I design something again it will have to be a bit cleverer than what I have now. I actually have another strategy that I know has been profitable year on year over the last eight years or so - but ideally it requires betting on every race, every day, so a bot might be suitable.

As always one needs to remember that it is not the bot that makes you money but what you feed into the thing. It just takes the grind out of your work.

Onwards and upwards.

posted by Betting Exchange Trader

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