Great news today as we tipped over the 60% profit milestone, which has taken since mid march. Obviously not betting every single day, so effectively five and a half months across 168 days worth of betting.
I posted a blog last week updating the progress for In Play Betting, which for those new to the site is an in play automated betting system.
Here's some key points you need to know if you're a newbie:
The system operates a simple flat stake per bet with no loss recovery.
1% of initial start bank per bet.
Bets are fired in play using a betting bot.
The bets are placed direct to the Betffair exchange.
Commission is deducted from the publish results.
You can choose between four bots to use to run the bets.
Three of the bots can use a set and forget feature, ran on auto pilot once bets are loaded.
Staking operates a stop at a winner approach.
49% of the SAW wins came in the first race, over 168 total betting days.
After some resistance to get up to +60% profit we made it, and it just shows how much the strategy has an edge to be able to do this just following a flat staking plan.
I've a lot of data assessment to look at in order to make this even better for members, but for now the results tell me the foundation is solid.
The graph shows consistent positive growth, recouping over losing spells to recover to a new profit high.
Given the total average market volume of a race is £500k typically, for these day to day races the staking can handle times five where we are now I feel with ease.
Given the placement of the bet using different bots, internet connections, proximity to the exchange, and many more factors including acts of God, the results will always vary slightly per user.
The rate of recovery even if missing a few days or bets though is still constant, and there is nothing to say a random variable such as this wouldn't work in your favour. When I've missed days using it, I've sometimes come back to a run of wins. If returning to losses, the strategy has always recovered.
As we enter the winter season it will be interesting to see how this in play betting system pans out, personally I feel the weather conditions will be a positive for the results. As without giving too much away with the system, unpredictable outcomes are usually exactly what we want.
To find out more visit the In Play BETA page, which up until official release you can purchase this strategy for the one off price of £74.99. Which is 25% less than retail when it comes out of BETA later this year.