Crooked Necks

Posts Tagged ‘consistent profits’

There’s a shocking statistic that only 2% of people make consistent profits on Betfair. This of course means that 98% of people are losing money! So what’s the secret of the Betfair winning formula?

First of all some simple truths. There are no Betfair loopholes, no secret markets or ways to ‘cheat’ the system. Betfair is a huge business using highly sophisticated technology and there are no ways to cheat it! I’ve read rumours of ways to beat the random number generators in the Betfair Exchange games, for example, but these are simply myths.

The Betfair winning formula is quite simple for me and it’s made up of the following -

Betfair bots have been around for a number of years now. Let me tell you straight away they are not a license to print money and still require some understanding of Betfair and betting. They do open up a number of new ways to make money and by using Betfair bots sensibly it is possible to make consistent profits.

Betfair bots are basically pieces of software which interact with Betfair. They can for example place bets on your behalf when set up to do so when certain conditions are met. For example, we may want to place a bet on a certain horse to win but only if certain criteria are met. If we can’t be at a computer screen all day we can program the bot to place a bet for us.

Betting bots can also react far more quickly than humans and can make lightening fast decisions and actions. They can alert us to changes in the betting markets and either allow us to place bets accordingly or even do it for us.