In-Runner

[Bobajobber]

Stakesofts latest innovation In-Runner

I am lead to believe this is the 2nd generation Fazbot, I did ask and they said yes, but they have had some other input from some Germans or something.

I hope Wolber is getting piece of the pie.

I am currently trialling it, it took me a while to get it spitting out money, but I also nearly gave it up.

Anybody else trialling it at the mo.

http://stakesoft.com/in-runner/

 

[Bobajobber]

Well just for the record the arse fell out of it today.

It is extremely difficult to isolate the winner at reduced odds,because as soon as you get a ding dong in the final stretch, you back both and register a loss.

If you extend the odds you open the door for other selections to match, there is the possibility to maybe squeeze the place part,but you would have to be brave.

A well presented program.

Good luck who tries it

 

[ArkRoyal]

I have seen some posts about it elsewhere that were not that impressed with the method

 

[jrob09]

HI All,
I created a trigger that does the same a while ago and I have yet to find settings that provide a steady profit, Infact its almost impossible in the back win/place market. I have had more success in the lay market however it has to many ups and downs. I will take a look at their video and see if there are any worth while features also if anyone from this forum wants a copy just let me know. (its based around gruss/excel).

Jrob09

 

[jrob09]

Hi Bobajobber,
I got hold of a copy of the in-runner software from stakesoft today and gave it a try for an hour. O my life, users need to be really careful with this as it can run away with matching selections especially in the lay market. I hope that they add a test mode feature in there as how the hell is anyone going to test any settings without it costing them £2 a bet and the possibility of losing a lot of money.
I am personally quite surprised as stakesoft are quite cautious with their betting bots - hmmmm -

Jrob09

 

[ArkRoyal]

......also if anyone from this forum wants a copy just let me know....

What a gent, nice one Jason :text-bravo:

 

[Bobajobber]

Jrob,

I think they are hoping somebody comes up with a positive feedback

There is no ability to switch a runner off also and once they get into a ding dong,matching two at shit odds your onto a losing payout

One thing that may pay off, is raising the trigger times to inside the final furlong and dropping the odds right down,but alas if you get two many ding dongs, your fucked.

I did get it matching at the final two furlongs at 1.6 and it was doing Ok, but then there was a day with too many dings and it cleaned me out.

Somebody told me it may work along some proform service, but it was beyond me, I am relatively new to the game, but I ran it for 5 days at different parameters,but that was enough.

There may be an edge with the place market, if you willing to bump the odds up, like you say, it needs a test mode.

 

[Ceejay]

I played around with a load of different custom triggers on Marketfeeder a couple of years ago when i was having a bit of a running battle with my ex and wanted to keep out her way! I came to the conclusion that its almost impossible to find blanket settings which will work on all types of races. Perhaps there is some mileage to be had in targeting different approaches at different races but the more I learn about racing the more wary I am about any approach that doesn't take into account anything about the horses, jockeys, trainers etc and is based purely on odds movement and timing. If there is any approach of that kind that works the betfair traders probably have it figured out, making it unprofitable.

 

[dave58]

the more I learn about racing the more wary I am about any approach that doesn't take into account anything about the horses, jockeys, trainers etc and is based purely on odds movement and timing. If there is any approach of that kind that works the betfair traders probably have it figured out, making it unprofitable.

Got to say that's my gut feeling as well, ceejay - however that may have something to do with me being pretty computer-illiterate !!!

 

[Ceejay]

It's an interesting thing to play around with, I can't deny that. In Marketfeeder you can base triggers on some basic form info and trainer / jockey info, days since last run etc so it at least allows the option to use a bit more of an in depth approach. Just don't have the time these days!

 

[jrob09]

Ok haven’t posted anything for a while so I thought while playing around with the in-runner software I would throw up a system, while not really a system just some settings, unfortunately there are no test settings on this software which I think is stupid so I am will to run this until I lose max £10 in straight lays and £10 in place lays of real money .

I have included an image of my settings so its quite simple I just start the trigger and see what happens. O yes I have also enable the race delay

 

[mcbee]

hi jrob09
i don't know if this will help you decide with your settings, it is 2011 horse race data with BSP,inplay MAX, inplay MIN, SP rank etc.
you might find a distance, course or bsp advantage.

mcbee

 

[jrob09]

Thanks mcbee

 

[jrob09]

Well that was a surprise profit on the first day, I have attached a couple of images including the pnl that includes the 5% so should make it easy for me to post.

 

[Bobajobber]

Did you manage to follow it for a while Rob?

Stakesoft are with us here, so maybe those using it could give a little feedback or even a suggestion or two to assist with the progress of it.

Your right it does need a test mode, otherwise you are burning money up without find a comfortable zone.

 

[jrob09]

Did you manage to follow it for a while Rob?

Stakesoft are with us here, so maybe those using it could give a little feedback or even a suggestion or two to assist with the progress of it.

Your right it does need a test mode, otherwise you are burning money up without find a comfortable zone.

Apologies for not posting sooner, as promised I have kept the software running and overall the profits have stayed mostly the same, although I thought I had broken away a little yesterday to only come crashing back down again. The actual settings I am using seem to be working ok as I am not getting to many selections so it’s easily manageable. The software itself is solid, I have no issues and it does as its told so to speak and to tell you the truth I wouldn’t expect anything else from stakesoft. Ideally needs a couple of tweaks however I do also agree that it could become over complicated if to many features are added. I am certinally looking forward to their next update/release.

 

[wolber]

Hi all. Its a terrible state of affairs when I have to work this hard to pay the mortgage ! I have just finished the game I have been working on . Its on the WII U and 3ds and is called Lego city stories (Grand theft lego) and its ace especially if any of you have kids. Anyway ............. Fazbot and stakesoft.
My original idea for Fazbot was to select certain sized fields over certain distances over certain goings and then run an IR strategy.
I noticed a huge disparity in a horses odds to win and to place whilst IR so I set up a series of parameters to find those runners that had halved their win price in the win market after a specific length of time into the race and then they would be back automatically in the place market . To start with the results led me to believe I truly had discovered the holy grail. Then some very strange stuff started to happen. It was all down to the going where it went tits up however I realized that if I was patient and only picked races that fulfilled the criteria then it worked. It was never intended as a sale able bot because small amounts of cash backed IR can skew the market so if everyone was to back the same horses it would simply implode. Also the amount of cash had a huge effect . An amount as small as 2 quid could drop the odds in the place market by a bout 3 points sometimes IR.
The good thing about it was often you would be left with three runners that could possibly win BUT they would nearly always place and because of the disparity in the market often the horse would be 3 to win but still around the 1.9 mark to place ! Faz got hold of it and renamed it fazbot. Then he hammered it for a few months . He came horribly unstuck last winter when there were race meeting that went ahead that should have been called off. he was running it in blizzards and in bogs. However I have to say he really tested it and got an awful lot out of stakesoft.
This latest iteration seems to be the exact same thing but without the all important race length vs bet timer element.

 

[stakesoft]

Hi Wolbs - I can clear a few bits up on this. In-runner does have a races/timer - it's an optional thing that appears at the bottom via tickbox. I don't think the latest version has been released into the wild yet as any users here will have the beta version.

We were approached about 6 months ago by a German betting group who asked us to do an in-running system, then another, then another all based around the theme of price triggering in-running. Each one had it's merits and either involved backing, or laying, or both, and in the win and place market. By coincidence we also had another two private requests for similar in-running things, but based only on the win market.

It was then we thought that we might as well do a commercial in-running system, which let people do whatever they wanted in-running and come up with any system that they saw fit. So this will back or lay, in either market, with delays if you want them. You could set it up to do what Fazbot did if you want, but that's really down to being able to change as many of the parameters relating to in-running that we could think of and realistically control without it getting completely unwieldy.

I've liked using it to lay in the win market - by use of a trigger and order price you can set it up to only put your bet in once it's fallen through a set level. And if the market has continued to move you often get matched at a lower price than your order price which lessens your liability on that runner. But I suppose there's many other ways to skin it. What it's shown me more than anything on either backing or laying is the need to request prices rather than take what's available if you're going to truly make the most of it.

It's definitely been the most fun commercial one we've done - for the first time we farmed it out once it was nearly ready for people to play with and feed back comments and they have been really useful. It's just waiting for me to get on and do the bloody manual and instructional vids now........

 

[Bobajobber]

Mert,

Was there a reason play mode was left off, I think with such a complex tool it is necessary to tinker around without the need to lose any actual money or is something on the update.

Cheers

 

[stakesoft]

It's impossible to have a test mode with this - as you don't actually know what you would have been matched at unless there was a real bet. You may be asking for a certain price, but because of the 2 second in-play delay and the way the market is moving what you actually get could be very different. For example on my screen at the moment I'm laying at 1.71 - but can see matches at 1.5, 1.42, 1.3, 1.5, 1.28, 1.09 as I look down the history. Anything that tried to emulate that would be guessing as to what would have happened and probably not much use for testing purposes.