General Betting
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Not much time at the mo, so just a quick few lines, but basically there are now many £2 - £10 bots operating in the markets and they are fairly dumb basic bots. All you have to do is manipulate them in to offering a false price, which is fairly easy, and it's a plus for the exchange when £2 bots get run out, as no casual punters want to see the first three boxes of markets offering £2 each, they will bet elsewhere.
For example, if you calculate that over 1.5 goals should be kicking off at 1.3, you place a £2 bet in an empty market requesting to lay over 1.5 goals at (say) 1.7, and place a back of under 1.5 goals at 2.42, then wait for the bot to jump you by a tick. You can then match the bot's money straight away and either leave your bets to entice him back again, or cancel your bets and move on to another market having backed a 1.3 shot at 1.71, i.e. great value.
There are loads of empty (or near empty) markets to play in, but you'll have to watch that a shark isn't around who is consistently taking your original £2 bets before the bot appears. It will happen occasionally but on the whole you'll get the bot first.
Geeks or Gruss makes it simple to do many markets at the same time.
I don't do much of this myself because I have bigger fish to fry (just did about 10 markets for fun though - it does work) but for someone who's happy with small returns you can easily make 20/30/40 quid a day. :)
For example, if you calculate that over 1.5 goals should be kicking off at 1.3, you place a £2 bet in an empty market requesting to lay over 1.5 goals at (say) 1.7, and place a back of under 1.5 goals at 2.42, then wait for the bot to jump you by a tick. You can then match the bot's money straight away and either leave your bets to entice him back again, or cancel your bets and move on to another market having backed a 1.3 shot at 1.71, i.e. great value.
There are loads of empty (or near empty) markets to play in, but you'll have to watch that a shark isn't around who is consistently taking your original £2 bets before the bot appears. It will happen occasionally but on the whole you'll get the bot first.
Geeks or Gruss makes it simple to do many markets at the same time.
I don't do much of this myself because I have bigger fish to fry (just did about 10 markets for fun though - it does work) but for someone who's happy with small returns you can easily make 20/30/40 quid a day. :)
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Replies: 3
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trevh
Is this a cheeky way of trying to get your £2 bot matched? ;) |
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Aha you've caught me ;)
Seriously, if I was running a bot why would I have said any of the above? What I posted is simply a method of taking advantage of bots. :) |
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Yes, I was joking
 . It sounds like a cute little method if you've got time on your hands and want to earn a few quid off bots that operate in early and/or illiquid markets.The only thing I can think of against it is if there's a silent monitoring bot waiting to gobble up your 'out of line' price. Unfortunately, I haven't got enough time on my hands to exploit this method myself, but as the yanks might say, "Thanks for sharing." :) |