Wednesday 27 June 2007

Arghhhh - Holidays


I was planning on going on holiday in just over a fortnight. We have a touring caravan and take it to various parts of the United Kingdom over the course of a year. Well we were due to go down to Tewksbury for a site by the river Avon. That was the plan. Till torrential rain has caused severe flooding of the town and the site is under a couple of feet of water!!!! Now even if the water subsides I don't think the site will be in a fit state to use by the time we get there (on Friday the 13th would you believe!!).

So last night the wife and I started to try and find alternatives. Well as most of Southern England is flooded we discounted them. The North is either booked or sites we do not want to go to. So we thought, why not go abroad. Oh Boy. Talk about spoilt for choice. The problem is my wife and I could not agree on a place to go. I fancy Turkey (we have never been there) but my wife wants Menorca (we have been there several times). I don't know where we will end up at this short notice but it could be an interesting visit to the travel agents tonight.

Byeeeeeee

Tuesday 26 June 2007

Betfair

Just a quick question. Has anybody ever tried Betfair? I have been using it for a while now with very mixed success (as you will have noticed). I am playing about with the Poker (Texas Hold'em) using a betting bot which is in beta test at the moment. Anybody else using one? Had any success with it? I have tried about a dozen strategies and each seem to have their moment but ultimately fail. Am I doomed to fail? Is the random nature of the game going to be my downfall? Comments anybody?

Byeeeeee

Friday 22 June 2007

A week has gone by


I can hardly believe that a week has gone by without me doing an update to this blog. Not much of a blogger am I? Don't answer that !!!

The horses have been uncooperative so I am paper trading them and I am testing some beta software for trading on the Betfair games in particular the Turbo-Poker. Last week it was brilliant and I was able to raise my bank from £100 to £300 however Betfair carried out an 'upgrade' this week and everything suddenly stopped. In fact it started to loose money. So I am back paper trading that as well to try and find the settings that will produce consistent profits.

I will find something yet.

Byeee.

Friday 15 June 2007

Friday Afternoon

Well, it is Friday Afternoon. The middle of June and it is raining cats and dogs outside. You would think it was autumn not the middle of summer. Less than a week to the longest day and the summer solstice and it is pouring down.

Mind you, it does mean I do not have to water the garden and as I managed to get the grass cut earlier in the week, the garden actually looks quite good. Well, for me that is (grin). Hmmm, I wonder how you can get the various 'smiley's' that you see around into a blog? Anybody know?

The horses are playing silly buggers and I had to top up my betfair account on InPlayMaster as it managed to hit me with some long odds winners. I have changed the settings and so do not get as many bets but then I don't get so many losses either and when I do they are much lower odds so I can loose up to £10.00 instead of £24.00. The manual does state that each persons settings are individual. I get the impression that there are not that many users out there as the owner is a little cagey about giving out the actual settings that he has found to work.

The problem is, as always with these things, consistency. You will always get losses, it is making sure that the wins outnumber the losses in value. I was getting 12 wins and 1 loss and I was still down on the day! These days I seem to be laying the second place horse. I don't know how close it is but as long as it looses I don't mind.

Byeeeeeeee

Monday 11 June 2007

Darn those Horses

Oh, the unpredictability of those horses when they are racing. You would think that when they are fourth in the last furlong they would have the decency to stay there instead of going and winning !!! (grin) OK I think you can guess what I am leading up to.

2 days on the trot (if you will pardon the pun) I suffered 2 winners that I had backed to loose. It wiped out all my profits and forced the Stop Loss trigger to kick in and prevent any further losses.

Then, yesterday, the opposite happened. Everything went to plan and the Stop Profit trigger kicked in when I have reached my maximum daily profit target. Why have one of them, well it can be very frustrating to build up a nice profit throughout the course of the day, to see it wiped out by a loosing bet right at the end. I set myself a maximum daily limit and said I would not be greedy as risk always involves a gamble and you can loose the lot.

If you remember I have had a couple of days where I have had to work had to recover from some losses. If you have made a reasonable profit, take the money and run.

InPlayMaster delivered yesterday and we are back in profit on my starting bank. Not by much so let us hope it can work it's magic today.

Byeeeeeee

Thursday 7 June 2007

InPlayMaster

Wow, what a roller coaster ride this InPlayMaster is!! I had 20 bets today and lost 2 of them but it still managed to recover those losses and I ended up in a profit. OK not a lot but still a profit.

In the 1st week I have increased the betting back by over 50%, Yes I know it was a SMALL bank to start off with so a 50% increase is not that big, but hey, it's the principle of the thing!!

Let us hope the refinements I have made to the settings will produce a profit tomorrow. I have limited it so that if I reach £20 profit on the day it will stop. Now £20 is not a lot but if I can get near it consistently I will be a very happy bunny. In fact I will be a happy bunny just making a profit each day!!

I did think that InPlayMaster was going to let me down today but a late run on the last 3 races of the day took me from loss to a profit!! Let's hope I don't need that kind of recovery tomorrow.

Byeeeeee




Wednesday 6 June 2007

Auto-BF/InPlayMaster

Well Auto-BF has blown it! A run of 6 loosing races caused the staking system to blow the bank away. That's it cleaned out. So bye-bye Auto-BF. It was doing well up to that point. A nice steady profit most days then it fell from grace. Sigh.

Ah well, on to other things. Auto-BF is history what is next?

Well I have come across a system called InPlayMaster. So far I have been running it a week and from a £50 betting bank I have increased it to approx £80. It would have been a LOT better today but for 4 losers out of 21 bets. I still made a profit, just not as much as I would have liked.

It is a bot system where you set up some rules and during the running of the race, if the selection criteria are met then then it will place either a back or a lay bet, dependent upon which way you choose. The trick is selecting the rules. You would not believe just how many races there are in the UK each day. They must be about every 10 mins during the week and last weekend it was nearer every 5 minutes.

The manual gives you some suggestions but it is really up to you to 'refine' your own rules. It has a 'paper' trading option where it will run your rules on a live race but not place any actual bets so you can see how your rules are doing and tweak them accordingly. I don't know if I have been lucky but I have had some days with no losses and others like today with 4. Some days I made a profit and some I did not. It's like all gambling you have to take the losses with the wins.

You don't have to be sitting there watching it. Once you have set up your rules, add the races you want to follow and leave it to do the rest. I set it up in the morning and leave it running the rest of the day (up till 9.00pm at the moment as that is roughly when the last race is).

It only works with UK & Ireland racing where Betfair provides in race betting. I'll let you know how it is doing later.

Byeeeeeee