I need a betfair bot which I can pre-programme
Posted in Tutorials by Stefan Belopotocan Tags: strategy
Due to work commitments I cant place my bets just before the off which experts say is the best way to play. So I need a bot which I can "pre-programme" so that it will place my bet say 2 mins before the off. I also want to specify that I do not want to lay if odds 11.00.
The Bfexplorer PRO offers two types of tools to automate your betting or trading strategy:
- Trade opportunity lookup service
- Execute my strategy on selections
In this case we will use the Execute my strategy on selections as selections will be selected manually.
The step one: Bot criteria setting
The “Execute my strategy on selections” uses the bot criteria settings which can be setup by using the bot criteria editor.
Opening the Bot Executor and clicking on the toolbar icon Add a new bot criteria the Bot Criteria Editor appears. I will give this bot criteria settings the name:
- Lay 100 @ max. 10,5
And set following parameters for the Place bet bot:
| Parameter | Value |
|---|---|
| AllowPlacingBetInPlay | False |
| AtInPlayCancelBet | True |
| MaxOdds | 10.5 |
| MinOdds | 1.01 |
| Stake | 100 |
The step two: Execute My Strategy on Selections
After opening the tool “Execute My Strategy on Selections” by clicking on the menu item Tools / Execute My Strategy on Selections I can add selections on which I want to place my lay bets by clicking on the toolbar icon “Add selections”. The Betfair Browser dialog appears so I can select all my selections adding one by one into my list.
Now I can apply the strategy to my selections clicking on the toolbar icon “Apply my strategy” the Bot Criteria dialog appears and I will select the strategy I created in my first step: Lay 100 @ max. 10,5
And finally setting the time at what the selection will be evaluated and clicking on the toolbar icon “Start” the tool will load all markets and the system will be ready to execute my strategy on all selections.
Conclusion
In this tutorial I showed you how to use the “Execute my strategy on selections” tool to place lay bets 2 minutes before the official race start if the lay odds on selected horse is under 11. As you could see the tool uses the bot criteria settings so you can define any betting or trading strategy the Bot Executor allows and assign it to any of your selections.
Monday, December 15, 2008
Your strategy
Hello,
I don't know on which market you mean to place bets 2 mn before the event ends but if you think about soccer (sport where you have a theorical fixed event duration = 90'), may I suggest you to be very careful as 2 mn before the event ends mean on the minute 88' and I saw quite often unexpected goals in the last minutes : 88' 89' 90' 90+1' ... sometimes 90+3' and the market goes against you and you simply loose your stake.
May be you I understood wrong your strategy ?
Otherwise bfexplorer seems to be an excellent software to apply simple or complex strategies.
Regards,
Axel.
Tuesday, December 16, 2008
Two minutes before the start
Dear Stefan,
I didn't see where you specified that the bets will be placed 2 minutes before the official race start. Please kindly help !
Regards.
Sunday, December 21, 2008
This is not set by bot criteria settings directly, but by Trade Opportunity Lookup service or Execute my strategy tool where you set this time for all evaluated markets/selections.