How Do Betting Bots Work?

bot (n): A software program that imitates the behaviour of a human,
as by querying search engines or participating in IRC discussions.

The official dictionary listing for the term “bot” doesn’t quite do it justice, because we’ve only scratched the surface of what can be achieved using bot technology and even now their capabilities stretch far beyond search engine retrieval and IRC chatrooms.

It’s true that the most common type of bots on the Internet are chat bots, search bots and advertising bots, but a more accurate description of how the bots we use work can be found on the popular “Wikipedia” website…

“A bot is a piece of software that can autonomously accomplish a task for a person or other entity. The software has some sort of “trigger” built into it and, once executed, this intelligent agent, or bot, can carry out its function without further intervention.”

To put that in layman’s terms; the betting bots we’re concerned with are web-based and desktop software applications that can scan bookmakers, betting exchanges, online casinos, poker rooms and financial trading websites; analyzing live data, performing functions, placing wagers, securing profits, streamlining and automating our betting systems and strategies.

There are essentially two types of “betting bot”…

Non-Transactional Betting Bots

Non-transactional betting bots are, as the name suggests, applications that are designed to perform “read only” functions. These may include poker bots, analysis software, arbitrage alert services, data retrieval tools, tracking spreadsheets or calculators that allow you to track, test, forecast, analyse and ultimately improve the performance of your betting strategies.

An excellent example of a non-transactional betting bot in action is a one-of-a-kind, highly effective and extremely profitable all-in-one poker application called Poker Edge…

Designed by poker players for poker players, Poker Edge is a sophisticated software application that virtually guarantees you instant success (and easy profits!) at the poker tables.

This amazing poker bot is smart enough to tell you the easiest and most profitable tables to play at. It then attaches itself to your game and instantly recognises every player at your table, so it knows the complete hand history and the exact playing style of your opponents before you even play your first hand.

From there Poker Edge walks you step-by-step through every hand you play giving you real-time pot odds and in-depth instructions as the hand progresses from preflop to the flop, to the turn and then the river, enabling even a complete beginner to the game to know the right moves to make, and exactly how much to bet, always at precisely the right time.

It really doesn’t matter if you’ve never lifted a card in your life before, Poker Edge is designed to provide everyone from beginners to seasoned experts with all of the tools they need, along with high-quality coaching and step-by-step instruction, for winning big at online poker!

Transactional Betting Bots

Transactional betting bots take the ability to scan websites and analyse betting markets to the next level by combining these data retrieval techniques with powerful bet-on-demand controls that react to specific conditions in the market and place your bets for you automatically!

The popularity of automatic betting bots has grown rapidly over the last few years and there are now many options available if you wish to automate your betting strategies, but the main area we should concentrate on when talking about this kind of betting bot software is sports betting, because since the introduction of the “betting exchanges” the opportunities that are available to professional sports bettors have never been greater than they are today.

One of the most interesting and unique automatic betting bots I’ve come across in a long, long time (and quite possibly – EVER!) is a professional staking plan bot called Betsender…

Betsender is a fully-automatic betting bot and staking plan software application for placing your bets automatically on the world’s leading betting exchange, Betfair. The software comes pre-programmed with 18 back staking plans and 18 lay staking plans, automatic market and selection finder, conditional betting features and the ability to operate in simulation mode so that you can test your betting systems thoroughly before you risk your hard cash.

Unlike similar programs that are tricky to set up and operate (some I’ve seen would require a degree in visual basic to do what this software does out of the box!), Betsender is amazingly simple to use, so regardless of whether you’re a newbie or an experienced user of Betfair, you’ll have Betsender up and running in no time. I’d suggest, literally, 10 minutes ;-)

Here are a few of the key features:

• Fully automatic betting on every Betfair / Betdaq market
• 36 staking plans to choose from (both backing and laying)
• Automatic market selection makes it simple to load your bets
• Import and export your bets using .csv files (Excel isn’t required!)
• Conditional betting and advanced betting criteria is supported
• Test your strategies in simulation mode with virtual bets
• Run multiple copies of the software on one PC!

On top of that, Betsender comes with a fully-functional, completely free 7 day trial, so you can download the software and use it for a full week, check out the staking plans and test your own betting strategies… to see if Betsender is right for you… without it costing you a penny!

Of course, these are only a couple of examples of betting bots in action. When you browse around our website and subscribe to our free newsletter you’ll discover many other interesting ideas on how to use a betting bot to automate your own betting and trading strategies…