and associated things
Okay - so here we launch
in to a brave new world - automated betting bots.
Let me tell you here
that as at May 2011 I know two fifths of three quarters of diddly
squat about betting bots other than what I have read from time to
time on the web. To be frank, they scare me a bit as I take betting
very seriously and the thought of giving control to a computer bot
worries me greatly.
However, that being
said, I do understand the value of Betfair and also understand the
value of betting as late as possible in to the market. I assume
that you do too. One of the biggest problems therefore is making
sure you don't miss out on a sequence bet by being "too damned
slow" in making the few keystrokes to get set. Now I am very
familiar with internet betting but every now and again you type
in the wrong amount or number or any other of a myriad of things
and you then have to go back and correct and by the time you've
done that they've jumped and, well, you can write the rest of story
..... doesn't matter how computer literate you are, that's just
the way it is.
So if you have a set
of criteria that are set in concrete are betting bots the solution
to those "missed" opportunities? I read heaps of articles
on forums about people getting bots and then disaster befalls them.
From what I read though, it is always a case of rushing in and not
understanding the settings you are using for the bot to operate
on, never having a good test run of the programme before sending
it out "live" - in other words, not reading or UNDERSTANDING
the instruction manual. (Yes, just like DVD recorders. Go back.
Read the instructions.)
From what I have read
this more often than not is an issue in the area of arbitrage betting
and not someone more using the bot to eliminate missed bets. There
is also the issue that if you are betting on a seven day a week
method and are working full time, how do you accommodate what you
want to do with what you have to do?
A few weeks ago, one
of our "regulars" communicated with me on just this subject.
He uses a bot and is very very happy with it so I thought it worthy
of investigation. Which started me off on this journey (yet to be
completed). It would seem essential to me that if you are going
to go down this path, make sure you understand that it is probably
going to be a longish journey as you will likely be dealing with
unfamiliar terms and issues that take a fair bit of thought and
understanding. This is NOT a quick fix to your punting problems.
Then again, as you would probably understand, short term solutions
are NEVER successful in the long term.
Whichever way you choose
to go with bots I strongly recommend that you look for a few things
BEFORE jumping in. Make sure you get a free trial of this type of
software so you firstly can ascertain that you can actually understand
what it is you are trying to achieve. Remember, bots can ONLY act
on the information that YOU put in to them and if you don't understand
what you are doing, the bot will never live up to your expectations.
It is is imperative
that any bot you buy comes with a test mode so you can set it up
to test-invest on the horses you want to with your settings and
test it to see if it would do what you hope it will. If there is
no test mode DON'T buy it. You simply have to be able to test it
FIRST before going "live". Any other option is not an
option - it is a recipe for disaster.
It is also helpful
if any bot package you buy also comes with inbuilt staking plans
for you to play around with and for those who do work full time,
make sure you can install the licence on more than one computer
so that you can also put it on a lap top you may take to work with
you as well. In the interests of educating all of us (me included)
a bit better, if you do have some helpful thoughts on using these
bots please drop me a line so I can publish it for the benefit of
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