If you have subscribed to EasyBetbot( http://easybetbot.com/) in past, then you can go through this manual very quickly.
Let’s start the deep dive into the RaceDbasebot.
Once your open the bot, complete the registration process and click on desktop icon, then you will see the below screen, where you have to input your betfair id and password and click on login.
Select the right betfair in the domain and put your credentials and you will able to login into the RaceDBasebot.
On the left-hand side, you can see all the markets related to Horse Racing for UK, Ireland and South Africa which are available for next 12 hours have been loaded upfront.
Wallet – it will show the current balance in your betfair account.
Profit Back1/Back2/Back3/Lay1/Lay2/Lay3 – It will show the overall profit/loss for any back/lay strategy.
Commission % – You should input the exact commission you are paying to Betfair. Generally, it is in range of 2% to 8% for various betfair accounts.
As you can see, you can run up to three different Backing strategies and 3 different laying strategies. You can select countries you want to bet for each strategy.
For example: Back 1 – you can bet only on UK and Ireland, Back 2 – you can only bet on UK etc.
Market to bet: You can select the market which you want to bet on- Place market or Win market.
Selection: - You can select the favorite you want to bet on among the first eight favourites or any selection. Any selection will qualify any favorite depending on price and stats settings.
Single bet: - if you tick the single bet, it will only place the bet on the best (lowest) price selection out of All qualified selections from that race for that strategy.
If it is not ticked, the bot will place bets on all qualified selections for that race. (Not just best/lowest priced).
1.Min price and Max price is the price range which user can select for the horse to be qualified for betting.
2.Time to bet:
Select Pre-Play and 10 seconds in Time to bet settings. So, all races to be checked for qualification starting 10 seconds before the official start of the race.
3. Runners: Select the numbers of runners.
4.Minimum amount matched: Amount of minimum money should be matched in the horse race for bot to make a qualified selection. In order to avoid low liquidity matches, atleast keep $200,000 or more as per your equivalent currency.
5. Inplay Action : Select either SP or keep as the option – it will ensure your bet gets matched before the race starts ( for SP) and during in play ( as Keep).
Before we go to staking, lets cover the stats side of the bot. RaceDBasebot has inbuilt UK and Ireland stats which comes daily around 8:30am into the bot for day’s racing. It is actually the API feed coming directly from our original RaceDBase cloud software .
Note: Stats are only available for UK and Ireland races and not for South Africa.
So, when you click on any UK and Ireland meeting and go to Horse Racing Stats tab, you will see the following screen.See Fig.7
This screen is only for information purpose for you to look at, as all parameters have been auto connected with the bot.
Following is the information form this screen:
Horse Name Draw- Applicable for flat racing Days since last run Age of the horse Weight in the current race Improving horse – Yes/ No Based on his previous performances Beaten Fav - yes/ no Course Winner – yes/no Distance Winner – yes/no Course & Distance Winner – yes/no OR – OR rating RDB – RaceDBase ratings WFF – Wallis Flash Form rank RPR – Racing Post ratings Change in class Up in Class- moving upwards in class. i.e. Last run in class 3 and today run in class 2, hence up in class is 1 Down in Class - moving downwards in class. i.e. Last run in class 3 and today run in class 4, hence down in class is 1 Change in Weight - More weight today than last race ( +ve) and less weight today than last race ( -ve)
Handicap – True/ False Flat/Jump – Flat or Jump Race class – today’s class for the race Last form – last position for the horse RDB rank - Race D Base ratings rank order
Now, if you see there is stats settings for each of the back and lay strategy tabs.
You can select any one or multiple parameters from dropdown and put any threshold around them. For example :- one of the stats settings is as per below :-
Here what we are saying is – want to look at horses which has WFF ( Wallis Flash rank) rank 1 or 2 and they should have run within last 60 days.
Hence Wallis rank has to be either 1 or 2 and horse should have run within last 60 days.
These are the Condition Formulas.
Second Stats box, condition more conditions you can use.
These conditions are simple Yes or No options.
The third Stat box sorts Handicap or Non Handicap, Jumps or Flat racing.
You can put any of the parameters discussed in HorseWiseStats here and make your own strategy. We have mentioned all strategies in the separate section.
Let’s discuss staking now…
Level staking: Place level stake on each qualified selection as low as 10p.
Stop at a winner: Place initial target profit from each race. If it is lost , the loss will be chased in the next race along with initial target profit.
Ratcheting staking: -
Ratcheting is a progressive money management approach where the size of the stakes move by degrees, upward or downward, depending upon results.
Bank – Starting bank
Ratchet Bet % - Say 2.5% of the bank
Re-Balancing Level – Say 75% of the initial bank
If the bank crosses re-balancing level, bank is adjusted to the new bank.
Example 1: The bank drops from 4,000 to 3,800: The stakes remain unchanged, flat 100.00 (= 2.5% of the starting bank of 4,000) for the next bets.After the next round the bank closes with 3,520. Still, the stakes remain unchanged, flat 100.00, using the previous bank of 4,000 for its calculations.Only if the bank closes with under 3,000 (75% of 4,000) will the stake sizes be recalculated.
Example 2: Using the starting bank from our previous example, the bank has dropped to 2,800. This has now become the new starting bank and the stake is recalculated:
2,800 x 2.5% = 70.00
With the reduction of over 75% of the bank from its former highest level of 4,000 (100 unit stakes) to 2,800, the stake size is recalibrated and remains flat at 70 units. Afterwards, if the bank starts to rise, you will need to begin increasing the stakes again.Say, after the next round you bank has gone up to 3,150.
3,150 x 2.5% = 78.75
The adjusted ‘new’ stake is now 78.75 and remains in place until either the bank drops to 75% of 3,150 (2,362) or the bank grows above 3,150, when stake amounts will be 2.5% of the new, larger bank size.
All the above auto calculation for ratcheting staking has been automated in the bot.
Above settings are very important to understand. I have not spoken about tabs yets, which I will cover later.
Stop@profit each tab is the amount of profit which you want to make from each tab
Stop@profit all tabs is the overall amount of profit which you want to make from the bot overall.
In RaceDbasebot, you will also have one of the finest features which will increase the profitability of the bot exponentially. Here you can run ( upto 10 cycles) for Stop At A Winner betting. It has 10 tabs as you can see on the screenshot above.
Please use the number of tabs as advised in the settings.
Above is the view of one of the tabs, I will discuss details in tab view later.
Stop @Loss for each tab – is the value once passed then the tab will either stop betting or restart the sequence of betting or continue with the same sequence.
Please keep in mind, bot will pass the stop loss figure , as it will place a bet, if the loss is below the stop loss , so remember, a 10 stop loss could actually be much higher. Once the stop loss has been passed, it will either stop or restart ( if option is ticked).
Example : If stop loss is set at 50, and the tab has a loss of say 48.00, the bot will still try and recover that 48 as it is under 50, so if the odds are say 2.0, then it will bet around 50 to recover the 48 loss plus the target. Meaning you will be at 98 should the bet lose. That is when the tab would stop trying to recover the loss.
Continue Button.
Continue button will ensure that the bot should not stop once profit target is reached ( per horse or per tab) but it will start the fresh cycle. So, if you want to keep running the bot always, please keep the continue button ticked.
Here you can see three buttons – Continue with restart and continue without restart and once the stop loss has been hit for any tab, then you would have option to continue betting as it is or start a new cycle.
Very important – Please use the option “Continue with restart”checked as otherwise you are exposing yourself to big risk. You may lose your bank if you have a losing run and continue without restart is checked.
Please remember when you select continue without restart or continue with restart button; you will get above pop up which needs to be clicked OK. This is mandatory betfair requirement.
Profit Delta – This is another great feature in the bot. Profit delta is the amount by which next Back stake will be increased once you have the losing bet. For example, if your stop@profit per match is $1 and you have profit delta as $.5, then if you have first match as a losing bet, then your 2nd target will not be $1 but it will be $1.5.
Plus what additional stake you may have because of the losses in other tabs, as that loss will be distributed to other tabs based on the option you have selected.
Mexican wave : - This is very important that it is ticked. This instruction makes sure that the betting is allocated to each enabled tab, and then starts again. If unticked it will bet first available tab and not rotate with all available tabs, and it is not the best option.
Start button: - Once the settings are set by the user, press the start button in order to start the bot.
Stop button: - press the stop button to stop the bot.
Log out: - press the log out button and you will come out of the bot.
Clear button
when you start betting next day, the bot will start from the same cycle where you left it previous day unless you use a clear button and want to start fresh. If you want to continue the same cycle, don’t use the clear button and just press the start button and let it run every day. There are respective clear buttons for each tab as well.
There is one box which you will see at the middle center of the interface.
It will show at what time the user pressed the clear button for the particular tab. The profit/loss for tabs will be shown accordingly from the time the clear button was last clicked.
As soon as you press the clear button, the bot will erase all staking sequence, profit/loss etc and will start fresh.
When you click on software manual, you would have got access to this manual only.
Commission: - user input betfair commission.
Show log : Log is written all the time for the bot but it will be shown only in the bot if show log is ticked. If show log is ticked, it slows the bot. I recommend not ticking it. You can always access the log at this folder.
Auto reload: This button (if checked) will keep on loading the soccer markets for the day every 2nd hour. If you want to keep the bot running on your desktop/laptop or VPS, please keep it checked.
Please keep auto reload checked all the time.
In results tab, you can see all consolidated results for each tab. Cumulative profit is shown at the top
With the export button, you can download all results in .csv file.
Have a look on tab view.
Very important to keep the tabs enabled, otherwise bot will not take any bet in that tab, if it is not enabled.
Log tab: - it will give you view of what the bot is doing second by second.
This is very important feature in all of our bots. Now, the user can see what the bot is doing second by second. You may not be able to understand everything what is in the log but it is helpful in order to investigate any error.
You can access the detailed log file at the following address:-
If you are our existing user of SAW Deluxe or APS Deluxe, then I am sure you will find racedbase bot very comfortable to use.
But if you are new to our bots, I strongly recommend you to go through and read APS manual or SAW Deluxe and the user videos, so you get end to end view on functioning of our bots.
We will post some new Back strategies in the next few days.
Lay 1.
Lay 1 Settings.
We don't have a Lay 2 strategy at present.
Lay 3
Lay 3 Settings.
Other strategies we are testing.
Out Sider.
Flat or Ratchet Staking
This one hits big winners.
Settings:
Back 5.
Level, Ratchet, SAW staking
Settings:
Thomas's Strategies. (old and the recent adjusted strategies)
Original Thomas Strategies (used upto 14th February,2023).
These settings are for 10 pence target the above figures are on £1.00 target.
If you want to do £1.00 Target.
Change Stop At Winner to: £1.00
Stop Profit Each Tab 100
Stop Profit all Tabs 100
Stop @ Loss each Tab to 100.00
Lay 3.
If you are our existing user of Easybetbot, then I am sure you will find Race D Base bot very comfortable to use.
I am sure you will enjoy this simple and entertaining bot.
Tutorial 1
Tutorial 2
Wallis's Method how he uses WFF figures.
The system is based solely on speed. The lowest figures a the top are the fastest horses last time they ran.
You have to check that the run was recent & was over the same or similar distance, going etc. Ignore horses that last ran on the flat last time & are now jumping. When you have the figures sorted you will see the Betfair odds in blue on the right. Only horses that are backed are of interest, ignore all the huge odds as know one is interested in these.
You will find that almost all the winners are from the backed ones. Another good way is to lay any fancied horses if they are very low in the ratings, especially if they have top weight & conditions are not ideal for them.
WALLIS’S FLASH FORM – THE GUIDELINES.
Don’t forget to click on the small arrows at the top to get the figures sorted!! Backing to WIN.
Minimum runners 4. Maximum 10.
Use ONLY Non Handicaps. I normally do the first non handicap of the day.
Check that the ratings are from similar conditions. Time does not matter- even last season counts too.
I back the first THREE horses in the ratings provided they are not massive outsiders.
A good example is actually todays Catterick 12.30. Result below.
After saying not to count massive outsiders it is always best to be aware of possible occasional winners.
The races to watch for these are maiden races, of course there will always be plenty of ‘NA’ horses but if the top rated horse has a very low rating it is worth a small bet. This year alone we have had 500/1 a 200/1 & 170/1 winners!
You should enjoy this approach.
Laying to LOSE.
Minimum Runners 8. Maximum Runners 15.
Lay horses if they are very high in the ratings, especially if they have top weight & conditions are not ideal for them.
My maximum odds for laying is 9/1 (Betfair 10). No minimum.
DO NOT lay horses that have been heavily backed.
DO NOT lay horses trained by IN-FORM trainers, also leave out on the FLAT trainers VARIAN, APPLEBY (M&C), GOSDEN, HAGGAS, J BURKE.
JUMPS HONEYBALL, F O’BRIEN, D SKELTON, P NICHOLLS, N HENDERSON, P HOBBS.
If you really do your homework you will win. Michael automated this system for me after I had waited 40 years for someone to do it for me. I used to work out two or three races a day- which took forever. It really is worth a try.
Best of luck to everyone.
Wallis.
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