Trying out another strategy here with this game. I have been using the LazIE bet function in BetIE and set it to take either 1, 2 or 3 ticks with €50 trades. BetIE puts in the first bet at the current odds and fires in a market order the specified distance away. I got to the game 5 mins after it had started and went in and out 7 times with this tactic.

Testing strategies with BetIE and no risk to my betting bank

The profit at 25 minutes into the game was as you see in the image at the bottom of this post. BUT as I was writing this there were 2 goals in the space of 2 minutes. This show that some luck is required as if I had put in a back bet part of the trade at 26 minutes I would be having a hard job of trading out. In fact it got even worse as there was a 3rd goal at 30 minutes putting Manchester City in the lead 2-1 and that under 2.5 goals market is blown out. Good job I went for a one tick difference on the last trade I did. Or I would have been caught.

The strategy I was using proved successful but could have gone wrong if I had tried one time too many. The reason for trying this is down to The Sports Trader Ray in Glasgow testing it out also. 20% of his bank with the target set at 1% on the unders and 2% on the overs. I wonder how he got on with this match ??

I also saw a blog called betbot that looks interesting, he is rolling his own betting bot. Seeing as he has a programming background he has a head start on that. I would love to be able to write a program to automate the job of making money. I saw the video of the betting bot in action on a horse race and with small stakes it was doing OK. Small winnings but regular. The bot was doing all the work and reacting to the market a lot quicker than you can doing it manually. I was quite impressed.

Picture of my winnings on the Manchester City vs Blackburn match.