Horse Racing, greyhounds and snooker specialist with thirty years experience of writing about sport across multiple platforms. A QPR and Snooker fan
The take-up of betting bots has been growing since the Betfair Exchange was conceived.
These bots offer a convenient solution, allowing you to automate your betting without the need to be tethered to your computer 24/7.
Following pre-designed guidelines, the bot can place your bets at your chosen time and stake, across various sports and markets simultaneously.
Discipline
Using a bot can help you avoid those impulsive, last-minute bets that often lead to further losses. Simply set the bot and return when the event is over. This removes the influence of emotions like greed or fear from your betting decisions, promoting a more disciplined approach.
On OLBG.com and via plenty of discussions, the subject of betting discipline is a constant. 'Chasing losses' is a term used to describe increasing the size of your bets to try to recover previous losses. I suspect many of us have engaged in this behaviour or bet when we should have known better.
The Art of Using Discipline in Sports Betting
Strategies
Many bettors have experimented with various strategies, only to discard them and move on to something new.
However, using a bot to monitor and execute a system can provide valuable insights into the effectiveness of your strategy, helping you make informed decisions about whether to stick with it.
Of course, there will be some negatives to triggering a bot to place your bets. If you use a tried-and-tested system, the markets will soon realise this, and what was a profitable route will be swamped with others using the same system.
Betting Systems Unleashed – Your Comprehensive Guide
Whichever platform you place your bets or trades on, you rely on the site's stability.
You may have instructed your bot to place your bets at midday, but if the site crashes or suffers a glitch, you may lose a host of winners or all your cash.
Away From the Screen
Expertise
Bots can take away some of your learned knowledge; they need parameters to fire the bets.
Once armed, you would have to override the instructions if some late information became available (change of jockey, trainer talking up/down a selection, manager resting players).
It is sometimes said that the less knowledge you have on a subject, the better the bot performs because you, as an "expert," are not swayed by "knowing better."
Horse Racing Form Reading Made Easy & What to Look For
Of course, you can mix and match your bets and trading (which refers to the practice of buying and selling bets to lock in a profit or minimise a loss) by using both a bot and your own manual strategy.
Just make sure you monitor the profit and loss from both.
This is something OLBG Betting Expert Nigel Skinner does.
Using A Betting Bot
In Play Bot Betting
As more markets are offered in play, bots will be created to take advantage. Football traders interested in a host of 3.00 PM Saturday matches can now arm the bot if certain parameters are hit.
Let's say you think the Tottenham vs Arsenal match will be a goal fest. Because of the fierce rivalry between the North London rivals, both teams will be going for it.
You can set the bot to back over 3.5 goals if the first goal is scored before, say, the 15th minute. Crucially, you will often get higher prices than the pre-match odds.
Or, if it's 0- 0 after 40 minutes, the odds will be huge. You hope that the second half will explode into action.
You can close the bet after 60 minutes if it remains 0-0.
In Conclusion
I would suggest that in the next 5 years with the progress of AI enabling rapid scanning of betting of markets that a majority of us will be placing some of our wagers via a bot.
The bots will know our betting habits and suggest strategies based on previous bets.
We may deposit funds with the bot and it will automatically place a bet if the bot has recognised that the same parameters are in place on a market, they will then text or mail us that that bet has been placed!!
