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betfair bots - what exactly are they ??

blinko
blinko Posts: 2,523 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
betfair bots - what exactly are they ??

thanks

Comments

  • nickmack
    nickmack Posts: 4,435 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If you're talking the legal ones, they're mostly programs written to take advantage of overround on markets. Some provide another interface for trading on other specific types of market.

    You're probably better off asking on the Betfair forums for specific details and recommendations.

    There are other bots that Betfair will ban you for. The legal ones are developed with Betfair software kit which you can pay for.
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    I personally wouldn't trust a bot with betting. Could lose a lot of money.
  • blinko
    blinko Posts: 2,523 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    thanks guys so what are the illegal ones then how and what do they do !!?? yeayh i dont like the idea of a bot with my money to !! just wodnered what they are all about
  • nej
    nej Posts: 1,526 Forumite
    Are they Arbitrage bots? It so they will find differences in the odds between different bookies to provide you with a win/win situation, where you can make a profit by betting different amounts on each team so no matter what the outcome you make a profit.
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