Triggers in Action

Triggers in Action is all about testing betting strategies. Roughly each week we will take a new strategy, program it into triggers and test these triggers for 7 days in a row to reveal any vulnerabilities or risks, tweak their input to get a better output and assess their performance.

This is going to be an exciting experience for both me, an experienced trading bot developer, and you, experienced BetFair traders!

I will test sports betting strategies in football, tennis, horse racing, Greyhound racing and occasionally in basketball and hockey.

Not sure which betting strategy is the best? We have tested several strategies on hundreds of thousands of markets for you. We know EXACTLY how much you will win or lose if you choose certain strategies!

Do you want to find out too? Use BFStats - your analytical instrument for finding and proving sports betting strategies!

I will record my wins and losses as a set of account statement files for you to download. At the end of each testing week, I will publish the results in a weekly blog post in this section. I will try to be brutally honest with you! If something isn’t working, I won’t be sweeping it under the carpet. If my account statement is horribly red, you will see it! It will serve as a warning for you to steer clear of such dead-ends of strategies.

Each post will also contain a link to a downloadable installation package with the triggers I used, the Market Locator template for searching the right markets and the program settings I’ve used for the testing. Run this package, and you will be able to replicate the results yourself!

How and where I test the triggers?

I use our BetVPS service to pre-set the triggers and Market Locator and leave it to run on its own until I check on the results at the end of the day.

I occasionally use Time Machine to get a proof of concept or test any tweaks that I want to make to my triggers, on historical markets similar to the ones in which I bet when testing a particular strategy.

I use Test Mode only.

You can generate your own graph and statistics like the ones in these Triggers in Action reports. Read how to do this.

If you would like a unique guest-post for your blog covering one of such strategies, please email me a request.

Warning: because I will place test bets only (albeit with a delay of 1.5 sec to imitate the delay you may experience if your connection is not very fast or if the market is In-Play), I will not be testing certain strategies that absolutely depend on BetFair’s real mechanism of bet matching, such as all kinds of scalping. I believe that Test Mode is good for testing 90% of betting strategies, yet it does have its limits, so take that into account when switching to real mode.

Because I will bet in real markets, there is no chance I can tweak the winners – you can watch the events yourself and catch me red-handed if you spot any discrepancies between my statement and the actual sports outcomes.

I will try various settings and configurations until I find the ones that look optimal to me. But I’ll never do any changes to either triggers or settings during the day, after the trading session has begun. If I need to make any changes, I do it before the start of the next day.

I am open to suggestions and feedback. Please post your ideas and comments on our forum.

Yours sincerely,

Didn't find any useful? Look at the triggers made for our clients:

If you have not heard of BetFair yet or do not have an account, register today and get £20 free. Use the link below:
New customers only, bet up to €/£20 on the Exchange and if your first bet loses, we’ll refund you €/£20 in Cash. Bet must be placed in first 7 days of account opening. T&Cs apply.
Gamble responsibly! Always be aware that betting is NOT risk-free. You must be 18+ years old before you try gambling, but even as an adult, withhold from spending money in an ill-judged manner. Our company does not encourage you to prefer gambling over other meaningful activities. If gambling is affecting your life or the lives of people close to you, please contact GamCare
© 2005-2024 WellDone Creative Software. All rights reserved. Terms and conditions.
BetFair® and the BetFair Logo are registered trade marks of Flutter Entertainment plc. Gamble responsibly.