The Sport Exchange Shop — Warrington.  27th January — 7pm start.
Limited Spaces.

Contact Victor at the Sport Exchange Shop to book your place.

Casino games are created with a house advantage and no betting strategy will overcome this. However, you can make money by bagging the free cash handed out by online casinos to new players. Casinos entice players by offering bonuses which come with attached “wagering requirements”. Provided your expected loss to the casino due to the house advantage is less than the total free money offered by the casino, you can make a profit.

A real example

Party Casino offered a £200 bonus with a £8000 wagering requirement. Their “Single Player Blackjack” game has a house edge (the amount of each bet you lose to the house) of about 0.5% if you play perfectly. If you were to place £1 bets on 8000 hands until you clear the bonus you would expect to lose £8000*0.5/100 = £40 of your original deposit. After being credited with a £200 bonus you will expect to net on average a £160 profit.

The Casibot blackjack bot is ideally suited to both new bonus hunters and experienced pros. New bonus hunters should check the How It Works section before starting to play. You can easily turn £100 into £500 with only a few mouse clicks and minimal risk. Setting up the bot is simple, in many cases you just need to press “Play”. In the long run Casibot will save you hundreds of hours of time.

Casibot offers a Free Trial to get you started. There’s no need to provide any details. Try it out now and discover why Casibot is the most popular bonus hunting bot!

Visit: The Casibot site and claim your free trial

I will let the video explain:

Watch in HD at YouTube:  RacingTraders Video

Visit RacingTraders: BetTrader Evolution

We kick off at the usual 1.00pm UK time with our regular Betting Blogosphere Round Up with all the best from the great betting blogs.

Juicestorm Prize Draw

During the show we will be giving out the prizes from the Juciestorm Competition, those who win and are listening will get first pick of the prizes. We will of course publish winners for those who miss the show live.

Enter: Juicestorm Competition

Cheltenham selections with Dave Peile

Our first guest is at 1.15pm when WUBT will be joining our regular tipster, Dave Peile, in the front row event box at Cheltenham. We’ll be getting the low down on his views for the best selections of the day to continue his profitable winning run.

Hear the WUBT Episode featuring Dave Peile: Juicestorm Radio Archives

BetBotPro and Mark Baker

Then we’ll join Mark of BetBotPro around 1.30pm. Throughout the day we’ll be running BetBotPro on Betfair following my usual strategy. We’ll be talking about the latest beta release for Betfair which is available to members right now, and the soon-to-be-released BetBot for Betdaq.

Get: BetBotPro free trial

Racing Traders Adam Todd

After Mark we’ll whiz right over to Adam for a chat and see how the Geek’s getting on with the launch of the new Racing Traders application. And perhaps even a sneak preview of some of the great new features? Join us live  and find out tomorrow.

Visit: Racing Traders

Risk Free Bets

Finally, Darren Hall of Bet72.com will hopefully point us in the right direction for more free money and all the latest offers from bookmakers and the specials available for Cheltenham.

Visit: Bet72.com

Betfair Lab Rats

And a special mention goes to the Betfair Lab Rats and Betfair Chat members who try to join us live most weeks. If you haven’t already got it why not get Betfair chat now? It gives you the ability to communicate with other users all from within Firefox live.

Visit: Betfair Labs Chat

The Show

Will the Juice Team get it all together? Or will the gremlins screw us? Be the first to find out live, 1.00pm, tomorrow. The player will be live in the sidebar 30 mins before the show and availabe in the Betting Radio archives soon after.

Video

We were going to broadcast this show using live video unfortunalty lack of time and the expense of software and bandwidth for video we have decided against it for this show, this is something we want to do so watch this space.

If you have any questions post them below:

Watch how easy the Badger makes it look………..
Visit: BetTrader on Youtube
Download: FREE copy of BetTrader

Here is the first in a series of BetBotPro videos, this is the demo movie created by Mark Baker (Bet Bot Pro Developer). We will continue this series with the BetBot running the ManofMystery settings and will show you the Bot in Back and Lay Mode.

Claim your BetBorPro 3 Day Trial

Visit the Juicestorm BetBotPro Archives

AT 6 PM THE SHOW WILL BE MOVED TO OUR ARCHIVES

Back by popular demand on WUBT Betting Exchange Radio — he was last on over a year ago — is Brian Coplin.

Brian has now finished the accounts for November and was pleasantly surprised by his profit. It now means that in the last 4 months he has made more than his full time job before tax. You’ll be able to find out how he’s done that, live, with me tomorrow, Wednesday 10th December 2008, at 1.00pm UK time. It’s gonna be a great show.

[The show is on at 1:00pm UK time - available in the sidebar when live >

It will then be repeated in the same place untill about 6pm after which you can find it in our archives]

If you have any questions for Brian or anything else to say leave a comment in this post.

I’m now off to do battle in Bay Street for my Christmas shopping. You can never get everything in one place in Malta so a visit to The Plaza Shopping Center is necessary as well. Christmas fare is just like being in England. The traditional Maltese menu has made way for Christmas turkey, Christmas cake, Christmas puddings and mince pies, all inherited during 164 years of British rule which ended two years after I was born.

I hate shopping at any time but at Christmas it’s murder. But necessary. One of the downsides in Malta is that the “fresh” turkeys aren’t fresh. They’re imported from Italy frozen and defrosted a couple of days before collection. Last year I ordered the usual turkey and a forerib of beef from a friend who owns a very good butcher in Mosta. Sadly, the art of tieing joints with string has died. They rely on a machine which puts a net around the joint.

So, imagine the scene. A drunken eccentric Englishman – as I’ve been called – tumbles out of his car. He staggers in to the village butcher and demands his joint to be trimmed and tied. There’s a shop full of people. It can’t be done, he’s told. The machine’s too small. Indignantly, he goes behind the counter and demands string. A little old lady rushes out of the butchers as if her life depends on it. In the meantime, as luck would have it, Sandro, the butcher, finds half a bottle of cooking brandy which he gives out to everyone in his shop as we wait for the string due to the impromptu Christmas Eve joint tieing presentation.

The string arrives. And Man of Mystery starts to tie the joint quicker than he’s ever tied a joint in his life. On completion it is launched in to the air with great aplomb and lands in a Spanish gentleman’s shopping basket. The Spanish chap then proceeds to do a victory march around the shop holding the joint above his head. To a round of applause. I collapse in a heap and my partner scrapes me off the floor and ushers me back in to the car. Collecting the joint on the way. I trust things won’t get so messy this Christmas Eve. And I am told the joint will be prepared properly for me this time.

Ladies and Gents have a great day and good luck to you all, as always.

Date: 19 November 2008 18:25:51
Subject: Laying Greyhounds

Hello,

First of all, I’d like to congratulate you for your blog, it really motivated me to try Betbot Pro.

My question is very simple: although I’ve been in Betfair for a while, mainly trying to trade in basketball and tennis markets, I’ve never had notorious results. However, today I download the Betbot Pro trial and I let it run starting in the morning in the simulation modo with stakes of 0,5 euros. I used a random “lay the 1st fav” strategy and by the middle of the afternoon I find myself a nice profit of +13,00 euros (excelent isn’t it, considering I used 0,5 stakes).

I didn’t hesitate and turned the simulation mode off and now I’m having good results. You see, my question is, I don’t know anything at all about greyhounds, I haven’t even see a race in my entire life, but it seems that laying the fav really works… Now, from the data in your site you have a clear long-term profit, is your strategy simply laying the first favourite or you do any research at all selecting good picks?

Thanks in advance…

Joao

Hi Joao,

I’d lay the favourites on UK greyhounds 24/7. No research whatsoever. Form very often is poor information. A friend of mine writes a column for a local newspaper – Brighton – which features Hove dogs and other tracks. He’s more knowledgeable than me and with a large enough bank and the correct Back/Lay ratio for liquidity looking at his comments over the years then it may be a profitable strategy.

On horses I’m more selective. If you don’t mind I’ll pop your question and my reply in the blog as it may be of interest to others.

Have a great day Joao.

After yesterday’s balls up with the radio show (Sorry Jon, I’ll ring you after this post) I have now had a chance to put some of my considered settings in to InPlayMaster. If you fancy a laugh click the TalkShow play button on the right. InPlayMaster is now set for today’s racing and my settings are on the left. The settings are pretty self explanatory but if you have any questions please comment below.

The software downloaded and installed without difficulty and there is a well written, comprehensive InPlayMaster bot manual which you can download.

The Inplaymaster Scalping Bot

InPlayMaster is an in running bot for UK horse racing. It takes you into the final furlongs, the closing stages of EVERY UK horse race. It’s largely automated and will jump onto the next race without any interference from me but I do have to enter the races manually using control and left click to select and then okay when done. It took a few minutes but I would have liked to see them loaded and ready.

This bot can back or lay based on horses that are lagging behind. It has safety triggers so it won’t just bet on one price alone. It is only concerned with the final stages of a race and when the leading horse gets to between 1.02 and 5 it will look at the other runners. If it then finds the second and third are between those settings also it will lay the worst horse between 5.00 and 20.00 for a stake of £10. These are my settings and I have also set it to only leave the bet up for 10 seconds.

The in play delay is set to 20 seconds because like the software’s developer, Nick, I’ve found betfair can go a little haywire when it goes from “suspended” to “in-running” and this delay settles the odds so the bot does not fire wildly. This means the race will be underway for 20 seconds before it can fire a bet into the market.

Ladies and gents, it should be an interesting first day with my settings for InPlayMaster and I wish you all good luck, as always.

You can get the InPlayMaster Scalping Bot by clicking here, Your first months subscription to Inplaymaster is just £14.99.

Win A copy of BetBotPro: BetBotPro Competition

During the month of October 2008 I had the opportunity to use BetBot Pro to fully cover a mix of UK, Irish, US and South African horse racing and UK greyhounds. The selections have been made using a recovery staking plan of between 60% and 80% over two races where there is a loss. I have currently settled for a recovery of 70%.

I have found the software to be stable and on the couple of occasions where there were CPU challenges because I have several applications running I have been able to close it during racing and it magically takes up where it left off when started again. This is because it writes the daily data, after you have made your selections, in to its own folder.

Regular readers will know that Bet Bot Pro waits to see if a recovery is needed by waiting for Betfair settlement. This will always raise the potential for unnecessary recoveries and this is, indeed, what happens. A fault of the software? Of course not. That is the only way it can operate to be 100% accurate.

The Initial stake I used was £1.00 with a bank of £10,000. I was aiming for a daily return of 1% which was exceeded and I had a stop loss of £4000. The minimum number of runners was 6 and that has been changed to eight for the last week.

One of the most attractive features I found was the Back/Lay Ratio % which I had at 10%. It helps avoid lays where the market is thin and bad value. This is essential for non UK horse racing.

I found Bet Bot Pro very easy to use. There is a free three day trial and there were no problems in set up – it took less than 5 minutes. I set up BetbotPro to run from mid day to midnight and it did its stuff, day in, day out.

There are many “edges” you can get in this and other financial markets. The traditional way to get an edge in horse racing is to study the form and career stats for horses, jockeys and trainers and research course stats by meeting for jockeys and trainers with runners at the relevant meeting – and loads, loads more.

BetbotPro will not, of course, do any of that for you. It’s simply a mechanism for placing bets, either on your specific selections (where hopefully you’ve done some of the above) or going against or with the 1st, 2nd, 3rd or 4th favourite.

Bet Bot Pro can automatically place Back OR Lay bets on UK, US, AUS, RSA Horse & UK, AUS Greyhound races depending on your criteria. It’s a massive timesaver. It takes just 5-10min to make your daily selections if you choose that option.

It’s got a minimum and maximum odds range filter so it only places bets if they’re within your limits.It can place bets 1sec – 10min before the race starts and has a minimum or maximum number of runners filter.

If you want to focus just on a staking plan which is what I did for this month’s review then there are several. You can go with level stakes, % bank stake, fixed liability, % bank liability or % recovery staking.

It has a stop loss and profit target to ensure you limit losses for the day and stops when your profit target is hit. This is a great safety feature and one I use every day. It also has a trailing stop feature to protect profits already won.

There is an unsettled bets allowed filter which stops betting until last x bets have been settled. Mine was set to 3. And BetbotPro runs while you’re away at work or doing other things.

So that’s it for this month’s software review. My conclusion is that, in the right hands, this is a bot that does exactly what is says on the can. The permutations you can use to extract a profit from the markets above are substantial. I liked it. Yes, it made a profit. Will it for you? No idea. It depends on what you do with it.

Now I move on to the only negative which does impact on the profit. After several hard days of recovery stakes BetbotPRO decides enough is enough and stops recovering and just goes in to level staking. I first reported that here and it happened again yesterday. I came back and noticed several missed recoveries so I downloaded another BetbotPRO and ran the two applications side by side and checked and double checked all settings as they were running. They were identical.

I really don’t know what is causing this but in terms of risk the problem is minimal. It’s just a shame that several recovery opportunities were missed for a couple of hours which reflects in a lower profit. The stakes therefore increased during racing yesterday but with recovery only on half the stake the exposure was still well within limits that I find comfortable. I only posted the new BetbotPRO results in the daily results section. The failed recovery bot lost £9.86. Neither are included in the summary below.

Well that’s it from MOM Towers in Malta for today. Stay safe wherever you are and good luck to you all as always.

Try for Free

Grab yourself a copy of Bet Bot Pro Here, there is even a free trial available! And with stakes as low as 10 pence you can try new stategies with real results for little risk. A summary of my daily results until Tuesday, 28th October 2008 is below.

See the full results at BetBotPro Daily Betting Result.