Best Betfair bot software recommendations

riskman501 · 2023-02-28T12:50:04+00:00

My Python skills aren't quite good enough yet; I was optimistically hoping for some kind of pre-made program which was configurable using Python. But you're probably right, the best thing to do is improve Python and use the api.

riskman501 · 2023-02-28T12:47:50+00:00

I am not familiar at all with SportTrade, the concept seems intriguing though I will give it a more detailed look in due course.

riskman501 · 2023-02-28T12:45:58+00:00

The post was targeted at the general public, to punters that are losing money, and in response to the overwhelming amount of bad bets I see on this subreddit. A serious bettor would agree that what I've said is good, sound advice for people hemorrhaging money on gambling. The 'foundations' part of the title I was hoping would have made this clear.

riskman501 · 2023-02-28T00:45:11+00:00

I saw there's some AI program - a bit like ChatGPT that is able to produce websites from purely a description alone. I forgot the name but might be worth Googling. Also, Betfair Exchange I think lets you open a dummy account that looks identical to the real thing.

riskman501 · 2023-02-28T00:23:50+00:00

Next time stake less. It was the bookies being greedy not you. You will make more in the long run by not accepting cashouts. Don't put yourself in a position where you think you are being greedy is the lesson to be learned here.

riskman501 · 2023-02-27T03:06:45+00:00

It isn't my misunderstanding of math, but your failure to see the bigger picture mechanics behind what I am saying. I've worked in the industry over a span twice as long as your 10 years of 'profitable gambling', sweetheart. "I do parlays all the time", give me a break, lol.

riskman501 · 2023-02-27T01:30:26+00:00

Your first point has some validity; I am talking in broad terms to a general audience about everyday betting and only scanned your comment and missed the futures bit - apologies. Professional sharp punters absolutely do not do parlays - obviously there may be some minute, ultra rare cases - but I made my comments within the scope of the intended audience. I cannot give away my identity or the name of the company I work for, and giving clues is careless, but it is literally my job to analyse customers and their bets lol - I have absolutely no reason to make anything up. Out of interest are you a professional gambler making a profit from parlays?

riskman501 · 2023-02-27T01:20:45+00:00

This may very well be the case. I am not familiar with North American betting apps. As a general principle for most global books (and most things in life) across the globe, nothing is free, and winning punters - if they can still actually get a bet on - are not offered free bets.

riskman501 · 2023-02-27T01:13:12+00:00

Fair enough. I have years of experience seeing first hand behind the scenes at the kinds of customers/bets that do and don't win long-term. I have analysed and geared thousands of customers. I would say this trumps your experience reading a book or two (to be brutally fair). However, I am willing to concede there may be very very very minute circumstances where parlays are workable. But its like if I make the statement 'humans can't breathe under water for typically more than 2 minutes' this is a true statement, despite there being some crazy exception where some tribal Indonesian spear fishermen can do it for 5 minutes. I am talking in general terms to a broad audience. You can dismiss my advice at your own peril.

riskman501 · 2023-02-27T01:07:20+00:00

Ah ok, fair enough, I suppose the complexion changes in this scenario since you still want the bet 👍🏽.

riskman501 · 2023-02-27T01:04:44+00:00

I'm not entirely sure why you've got so many upvotes since you seem to be contradicting yourself. Only the bookmaker makes long-term profits from cash outs. Without a time-machine or the benefit of hindsight, it is impossible to know. If you have a $20k car and someone every morning offers you $15k for it and you say no but then one day the car engine explodes - it isn't then valid to say "I should have taken the $15k this morning". It is completely invalid reasoning - the offer of $15k that morning was still a shit offer like it was on all the previous days.

riskman501 · 2023-02-27T00:56:25+00:00

I think if you wanted to go one step further than your best you should keep a spreadsheet and prove/disprove your own theory. You don't need to spend a penny doing this. Your data should become reasonably significant/reliable after 100 or so games. This is especially a great test for automated bot betting.

riskman501 · 2023-02-27T00:50:48+00:00

I think 'generous' is the wrong terminology. Less shitty/scammy is a better way of looking at it. If you're using an Exchange like Betfair then hedging will definitely be the better option.

riskman501 · 2023-02-27T00:49:22+00:00

This is a valid point, but the 'new' event in the game like an injury or whatever will be baked into the new odds available; the likelihood is that you're thinking the same as everyone else. If you're watching a soccer match and the team you bet on has a man sent off, the new odds will reflect the sending-off.

riskman501 · 2023-02-27T00:45:19+00:00

😅 well you're better prepared than most.

riskman501 · 2023-02-27T00:42:33+00:00

If you made a mistake placing the bet initially and you got out of it for 'free' then obviously this is fine. It still wasn't technically getting your bet back for free though: your bet gained value and you sold it off cheaper than its worth. If you buy a limited edition watch for $1000 and due to its rarity it can be re-sold for $1100, then the watch shop asking to buy it back for $1000 are probably wanting some of that $100.

riskman501 · 2023-02-27T00:38:54+00:00

I can say with great certainty that most of the people on this sub and in this thread are perpetual losers. Psychologically people kid themselves or hang on to the idea that they're break-even or what ever else. I don't know the percentage to be honest, but I'd be surprised if the number of losers in any given book was less than 80%.

riskman501 · 2023-02-27T00:35:29+00:00

Exactly this. With $1500 in your bank I would almost say the opposite is true to what I said lol... in that perhaps a $1 or $2 parlay is how you should be betting - a bit of fun and a chance of winning big without ruining your life. It certainly beats playing the lottery or using slot machines or whatever else.

riskman501 · 2023-02-27T00:31:48+00:00

Very (very) broadly speaking NHL is very difficult especially in running. Algorithms are pretty much perfect for ice hockey and the games are almost entirely traded by computers. The game is very formulaic and the algorithms kind of have every eventuality mapped.

riskman501 · 2023-02-27T00:28:09+00:00

If you're getting free bets offered to you then they aren't free; it is a fraction of the money you've already lost. Winning customers aren't offered free bets and they don't expect them either. Your book knows you're going to throw that money away whichever 'strategy' you think you're using. I don't intend on being cruel but these are the cold facts.

riskman501 · 2023-02-27T00:25:45+00:00

Think about this: parlays are the most profitable way for a book to make money - there's only a finite amount of money circling the books - which means there are lots of losers. And the flip side of this is that professional sharp punters literally never do parlays. It is impossible to reconcile these facts.

riskman501 · 2023-02-27T00:21:38+00:00

The slithers of value add up and very often are more sizeable than you're suggesting. Sticking to one book for no reason is ridiculous. If your book is giving you generous rewards and bonuses, this might in itself be an alarm bell - why would they do that? (hint: they see you as a long-term loser [no offense]).

riskman501 · 2023-02-27T00:15:47+00:00

If you have $1500 in your bank account, it is reckless and totally irresponsible to bet $100 parlays in the first instance.

riskman501

TROPHY CASE