Our 2016 Punting Pool is doing a lot of different approaches and one of those involved developing an auto betting function through Betfair. This program has been underrgoing testing with a minimal bet size while we sort out the bugs and in the past week has made a clear profit of 25 Units so for a $10 base bet $250 and for a $50 base bet $1250. We mostly back the Winform favourites outright, so no dutching at this stage but that is the next test, and at some time in the future we may be able to offer this option to Members. How much would it be worth to you to get an annual income stream of say $50-$60 k?? And this on a Bank of say $10,000 with backup in reserve of course. Businesses with a $60k nett of tax usually sell for $120k plus stock etc. so is Racing a good deal?? Upu tell me. It really is set and forget as we have smoothed out the bugs that occur when the internet drops out or Betfair is offline etc. and you know the next good news?? We are doing it with one of the corporates as well with the key being to stay wihtin their bet limits. We weclome your feedback.
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Hello Garry,
Are you placing any restrictions on the first favourite? When you say you are doing it with the corporates is this also automated?
We havnt automated the corportae betting yet but we are ging to be working with them towards that goal.