What Can Betting Bots Do?

There are a lot of myths going around the 'Net about betting bots. Some would have you believe that bots are the work of over-enthusiastic students with too much time on their hands, others suggest bots are the scourge of the bookmakers and gaming companies, and an even more extreme group believe them to be like dangerous viruses or trojans.

Of course, very little - if any - of this is true!

The fact of the matter is that bots are software applications like any other, but rather than using them to answer your email, type your letters or manage your accounts, the sole purpose of the software you'll find on this website is to help you automate your betting strategy, free up your time and increase your profits.

In the section below we'll show you some of the more common ways you can use betting bots to achieve your goals...

  Arbitrage Trading

Largely used in the financial sector, Arbitrage Trading hit the headlines in 1987 when Gordon Gecko, the ruthless boss in the movie Wall Street, uttered the immortal words "I don't throw darts at a board - I bet on sure things. Every battle is won before it is ever fought". 19 years on and it's said that Gecko, an entirely fictional character, influenced more people in the US to pursue a career in arbitrage trading than anyone else in history!

Arbitrage, or "arbing" as it's commonly called in sports betting circles, is the practice of taking advantage of a state of imbalance between two (or more) markets and then backing every outcome at different prices to ensure an immediate risk-free profit.

Normally you have to be lightning fast to catch these arbs, but thanks to a handy program called Value Horse Finder you can now pinpoint your trades with surgical accuracy, calculate your stakes and then lock in your profits in an instant!

The software analyses the win and place markets from Betfair and compares these to the current bookmaker's odds from the Oddschecker website. It then analyses all of the prices and aims to highlight if there is a profitable enough discrepancy for you to choose from one of seven risk-free profit making options.

VHF is incredibly easy to use too. You simply put your chosen races into its "ScanList" feature and when an arb trade becomes available the software sounds an alert and displays the analysis window showing you exactly how much profit you can make!

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  Automatic Betting

Applications that perform Automatic Betting functions are also
quite common in the financial sector, but this is a relatively new phenomenon to the world of betting and it's something that looks sure to take the marketplace by storm over the next few months.

Where Automatic Betting functions truly come into their own is when you have a strict strategy that you follow while trading on the betting exchanges, because with bot technology it's possible to automate your trading strategy, submit orders on demand and run your business almost entirely on auto-pilot!

Sometimes the human eye and hand is not enough when you're trading and human emotion can easily stop you from opening or closing a position correctly, but with Automatic Betting you can get into the market incredibly quickly, fire in automatic orders, and snap up profitable opportunities that others may not see.

Now you can remove the emotion from your trading by getting Bet Angel to fire an order automatically into the market and then manage that position automatically as well. You can do this when the price or volume on either side of the book reaches your predefined level, or utlilise the global settings to fire in counter orders and manage what happens when Bet Angel has successfully submitted your initial order.

You don't need any programming skills or specialist knowledge to use these Automatic Betting features in Bet Angel either. Simply follow the "Getting Started" advice in their comprehensive training videos, read through the FAQ files and visit their handy member's discussion forum... then let the software do the rest!

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  Automatic Bookmaking

While Arbitrage Trading has received a lot of press coverage for all of the right reasons recently, the method of scanning betting exchanges for situations where the 'percentage book' rises or falls below 100% and then sucking up the difference in the margins has received a mixed response from the public in the UK.

Some seem to feel that these types of bots are robbing them of any advantage they may have had by using betting exchanges in the first place, but our personal opinion on this is that it makes little difference to the odds on offer and it certainly isn't robbing anyone of the value you'll find on the betting exchanges.

"You'll never see a poor bookmaker!"

     So why not become one?

It's now easy to perform book arbitrage by using Bet Angel to back the entire book when the book % value slips under 100%, or alternatively laying the entire book when the book % rises to above 100%, but Bet Angel also contains a complete suite of handy features for semi or fully automatic betting...

The bookmaker screen in Bet Angel allows you to take the lay side of the book and then lay parts of a market to achieve a profit defined by either a profit target (e.g. £10), by a percentage, or to the minimum stake required. By pricing up individual selections or outcomes you can achieve a preset profit target and this enables you to maximize your position on an entire event.

Special functions like the margin maker allow you to quickly and easily make a market by backing one or more selections in an event and letting Bet Angel calculate what odds the remaining selections should be priced at. This is a powerful feature that along with the autobet capability makes bookmaking a breeze!

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  Smart Analysis

Whether you're betting on horses, trading on soccer markets or playing the percentages at the poker tables; analysing, tracking and monitoring your betting activity are essential components in the life of any successful gambler. But, where - just a few years ago - this meant a pen, paper and long boring nights burning the midnight oil, now you can master the whole process with ease. 

An activity that lends itself perfectly to the use of Smart Analysis Tools is the game of Texas Holdem Poker. The main reason for this is that poker is a pursuit that's driven largely by statistics and with a little PC power behind you it's possible to use the numbers on hand to gain a decisive advantage over your opponents.

Regardless of how skilled YOU are, to stay one step ahead of the competition and win the most money, you don't need just any old odds calculator. You need the latest, most advanced poker odds software available... and Calculatem Pro is just that!

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This is by no means a complete list of the functions that can be performed by betting bots, but we hope that this introduction has perhaps sparked your imagination and given you a few ideas on how you can utilise bot technology to streamline your betting strategy and automate some (or all) of the work involved.