The reason I think the forex bots are going to be successful is that the bots we are using have 7 months of data, with 6 of those months being in profit.
This data is independently verified by two tracking sites, fxblue and myfxbook.
The 6 out of 7 months of profit is the first good sign.
https://www.fxblue.com/users/puremarkets
Secondly, the actual upward trend of the bots is fairly smooth with one major drop in the first month from a bot that is no longer included in the set.
That is nice smooth progress I don’t usually see with betting bots.
https://www.myfxbook.com/members/martin1024/mh-trading-pamm-surgeonfish/12024508
Thirdly, there is no liquidity worry. With football bots, even if they do work well, eventually there is a worry of a liquidity issue with larger amounts. If we let the bank grow to 100,000 and place 1,000-2.000 bets on 2nd division Czech teams to draw a HT, it won’t get matched at good odds. We would need to work out other ways to make it work, like paying a programmer to make an automated betting bot for Pinnacle (PS3838). With these financial bots, the liquidity is in the millions and we have no worries.
Fourth, the financial bots are betting on the same events again and again and again. There are no team sheet changes, manager changes, promotion or relegation, Tuesday nights or Sunday kick-offs. It is all currency-to-currency pairs or gold-to-currency pairs. It is like you can bet on the same fixture, Man Utd at home to Chelsea, everyday of the week and you have the data for that fixture going back years. There are a lot fewer unknowns in that sense. If the bots have worked from running everyday for 7 months, then that gives me a lot of confidence.
Fifth, Martin has also been running these bots with the same settings on Vantage, and there we have 20 months of data. 16 of 20 months are in profit.
https://www.fxblue.com/users/purple_1609486
The growth chart shows 2 big drops, but even with them both the Vantage set of bots and the Pure Market bots show the same 5% average profit per month.
https://www.myfxbook.com/members/martin1024/mh-trading-pamm-stability/11280995
With the betting bots, there is always the fear that they were just on a lucky run, or that too many people following will squeeze out the value on the exchange, or that it won’t work for larger amounts, or that the trend that was working will stop working as teams and players change. In addition, even if bots do work, then there is the bank management side and a lot more volatility with banks going +/-50% in a month. With the financial bot results, I have not seen any big jumps up or down yet, and we can see from history the biggest was -20%.
This is why I have more confidence in the forex bots at the moment.
The only football bots that come close to this would be the Betaminic bots, which also have lots of data (backtested to 2012 and real results data since each strategy was shared). And these are at the lowest market odds (Pinnacle) which have high liquidity on Asian Bookmakers where you can put 1,000s if needed. These results have also been verified on 3rd party site (TippingSports). My BSG bots, and the other bots I use have been having a poor time, so these forex bots have also made me think more about putting more faith into the Betaminic bots again due to the level of data behind them.
BetaminicTop6
TippingSports Link: https://www.tippingsports.com/en/profile/10890
List of the strategies used: https://bettingsystemsguide.com/best-6-betting-strategies/
Consistent16
TippingSports Link: https://www.tippingsports.com/en/profile/10682
List of the strategies used: https://bettingsystemsguide.com/value-betting-strategies/#const
So, currently my order of confidence in the bots I am actively using is:
3 BSG bots (Mainly because I trust my own data on them, despite their recent poor run.)
5 DB bots(Currently now -14% for me unfortunately, but still not enough data to judge. They need to be given chance to run. )
7* ShootingBets andBetHoundPro also do certainly work, but I cannot use them anymore. They both made me profit in every month I used them, but these 2 betting systems will eventually lead to your sportsbook accounts getting limited, however profits are almost certain with this method. I have had my Bet365 and Betfair Sportsbook accounts closed from using these two, but I did at least make profit with them. ShootingBets is a manual betting system and BetHoundPro is an automated betting system
Best regards,
Tom