As I'm writing this blog post a trading system is running in the background on my PC, placing pre race trades on auto pilot using Fairbot.
Here's my progress so far today, with the results for the last four days trading updated at the base of this post with screenshots.
The bot places bets and then hedges pre race within a set of programmed parameters.
It will either hit the target profit and green up before the race starts, or hedge for a profit or loss before the race begins to ensure it never goes in play, and never risks your full investment amount.
All being done on auto pilot without the need to be at the desk monitoring each race.
The investment amount per race to achieve the results in the this post I use £100.00 per race, but I have to emphasize given this is pre race trading you're never risking this amount. You won't see a loss of a £100.00 anywhere in the screen shots posted below.
This would only happen of course if your internet turns off, your PC crashes, or any other hideous act of God. Which if this happens and you've a smart phone with internet connection, you could jump on and hedge off.
I've been working on this automated pre race trading system for some time, and the first version I decide to include will be added to my Betfair Trading Guide's next update.
The past four days results are below, with today's trading results to be added in the blog tomorrow.
Let me breakdown my activity applying these automated strategies:
The result on the 25th was using method 1 already available in the guide, just a fine tuned version, and using automation to place the trade. This will be added to the next update as a manual version, but at this stage it's looking likely I'll be ready to add this as an automated file to import to the bot.
On the 26th I tested a promising variation of the automated system, with not much profit right now, but plenty of potential considering the fact I blanketed most of the day without much selection effort required.
Over the 27th and 28th I've applied another version I'm working on, and this is where things got really interesting. I just blanketed both the 27th & 28th, meaning I covering all the races without exception (missing the start of the first race on the 27th, I'm only human), and let the strategy I've created just do its thing.