June 5, 2021by Betaminic in Betting Strategies, Blog

Advanced BF Bot Manager Strategies for Automated Betting on Betaminic Picks

Staking plans, multiple systems, separate banks, in-play automated strategies and more!

 

In our previous article on automated betting on Betaminic picks, we explained how to connect your Betaminic account to the Bf Bot Manager software, how to set the level stake size and start the betting bot to enable 100% fully automated betting.

 

Now get ready to take that to the next level.

 

In this article, we will explain more advanced features available when using Betaminic Picks and the Bf Bot Manager software together. Advanced features allow control over every aspect of the betting process.

• Apply Staking Plans with Separate Betting Banks – Use percentage staking, target profit staking, secure staking, Fibonacci staking, Kelly, or any other of the various staking plans available. Let the software do all the stake calculations for you.
• Create Multiple Systems – Bet on each Betaminic strategy individually or combine multiple strategies into betting systems that are easier to follow as a whole. Apply different staking levels and staking plans to each aggregated betting system. (e.g. Low Drawdown System, High Profit System, High Yield System, Betaminic-PRO System, Colossus21, Proven8, Golden6, etc.) See daily profit changes easily.
• Export Bet Results – Easily export results to analyse further and plug into staking analysis software.
• Set Time to Bet – Choose the time you want your bets placed. 10 minutes before kick-off? 20 seconds before kick-off? The bot will do it for you every time.
• Set Safety Stop-Losses – If you are using a new high odds strategy or recovery staking plan. Set safety limits to prevent negative variance going over your risk limits.
• Get Live Updates – With the Betfair mobile app, it will automatically notify you of goals and results in the matches you are automatically betting on. No need to select each fixture in other livescore apps. Wherever you are, you’ll know your bot is placing bets and doing the busy work for you.
• Leverage even more value out of the Betaminic value picks. Create trading strategies that use the Betaminic picks as selections for automated trading. (For example, if the underdog scores first in a Pro-Home favorite pick, set the bot to automatically lay the underdog at 0-1 in-play if it is still the first half. Or if the score is still 0-0 at HT, set it to make another home bet on the Pro-Home favorite pick at better odds than pre-game. Or even try to get better odds by setting the bot to place bets 5 minutes into in-play, instead of pre-game.)

Big data betting with Betaminic is getting even BIGGER!

 

Apply Staking Plans with Separate Betting Banks

In the previous article, we saw how the “EXAMPLE – Bet on all imported tips” bot strategy placed bets on all imported tips from Betaminic with level stakes. It is possible to change this staking plan (Percentage staking, target profit staking, secure staking, Fibonacci staking, Kelly, etc.) Let the software do all the stake calculations and keep track of the betting bank for you.

For example, to change from Level Staking to Percentage Staking.

 

Step 1 Delete the level stakes rule from the staking tab in the “EXAMPLE – Bet on all imported tips” bot strategy by clicking on the red cross on the left of the rule.
Step 2 Click on the blue plus symbol to add a new rule to the strategy.
Step 3 Click on the blue plus symbol for the “Percent of betting bank” staking plan.
Step 4 Enter your betting bank size for this strategy in the field and click “Set New”.   Step 5 Enter the Percent of betting bank that you want to bet on each pick.   Step 6 Click on “Save” to add this to the bot strategy.   This means that this bot strategy now has its own betting bank that is not connected to your other bot strategies. You can come back to this form to view the current balance of its bank.
Done! The strategy staking plan has been changed.

 

Another example, how to change from Level Staking to the Secure Staking plan that was shared in our staking article.

To create the Secure Staking plan in the Bf Bot Manager requires using both the Percentage Staking rule and the Odds Staking Ladder rule together. So repeat the steps 1 to 6 in the previous example to change from Level Staking to Percentage Staking and then continue here.

 

Step 7 Click on the blue “Add rule” button again.
Step 8 Click on the blue “Add rule” button for the Odds staking ladder.
Step 9 Left-click on the Max Price field of the first row. Enter 1.49. Press tab to move to the next cell on the right. Enter 5.
Step 10 Keep entering the figures until it looks like the image on the right. These are the Secure Staking Daily Percentage settings.
Step 11 Click on the “Percent of betting bank” option and then click “Save”.   Note that the instructions say that the Percent of betting bank staking plan must be in the staking list AFTER the Odds staking ladder to work correctly.
Step 12 Click on the blue down arrow next to the “Percent of betting bank” rule so that it moves AFTER the Odds staking ladder.
Step 13 Then, click on the “Edit” button for the “Percent of betting bank” rule.
Step 14 Finally, click on the checkbox to put a tick in the box next to the option “Use percent of betting bank from another staking plan”. This will tell the Odds staking ladder to apply its percentages to this bank.
Done! The final staking tab area will look like this.

 

It is possible to change to a variety of different staking plans.

 

Note: There are 2 kinds of strategy referred to in this article.

Betaminic strategies are betting strategies based on historical trends in data that made profit in the past. They provide the picks or “tips” that are sent to the Bf Bot Manager to bet on.

Bot strategies are the Bf Bot Manager strategies that bet on the picks from the Betaminic strategies according to the rules and settings user give them.

The Betaminic strategies generate the data that is input into the Bf Bot Manager software bot strategies that place the actual bets on the Betfair site.

 

Create Multiple Systems

In the previous article, we saw how the “EXAMPLE – Bet on all imported tips” bot strategy placed bets on all imported tips from Betaminic. It is possible to duplicate this strategy, rename it and then set it to bet on an individual Betaminic strategy or a set of Betaminic strategies with separate betting banks and staking plans.

 

Let’s look at 3 bot setups that we may want to use:

Setup 1 “Singles”: We follow 5 Betaminic strategies and we want to follow each of them with different staking plans.

Setup 2 “Groups”: We follow 27 Betaminic strategies and we want to bet on 10 of them with one staking plan and the other 17 with a different staking plan.

Setup 3: “Singles and Groups”: We follow 5 Betaminic strategies and we want to follow each of them with a different staking plan in 5 individual bot strategies plus 1 more group bot strategy that bets on all 5 of those strategies with one bank and staking plan.

  

Setup 1 “Singles”

In this setup we follow 5 Betaminic strategies and we want to bet on each of them with different staking plans, betting bank sizes or stake sizes.

 

Step 1 Click on “Deselect all strategies” (1), then click the “Select” box for the EXAMPLE – Bet on all imported tips (2). Then click “Duplicate selected”. (3)
Step 2 Find the new “DUPLICATE (EXAMPLE) – Bet on all imported tips” and click on the “Edit” button.
Step 3 Edit the “Name” field to your choice. (Anything is ok.)   Add a background color to the Name column to make it stand out. (How about some nice Betaminic green?)   Click “Save”.
Step 4 Click on the “Edit” rule button of the “Bet on imported sections/tips” rule.
Step 5 In the provider name field enter the EXACT name of the Betaminic strategy that you want this bot strategy to bet on.   Click “Save”.
Step 6 Pause the “EXAMPLE – Bet on all imported tips” bot strategy and start the new bot strategy. Note that the software will only bet on one pick once. So if 2 bot strategies try to bet on the same pick, only one of them will place a bet and the other one will skip it.		IMPORTANT NOTE ABOUT SOFTWARE LOGIC 1 TIP = 1 BET
Repeat Steps 1-5 for the other strategies that you want to create. Make sure to change the “Bet on imported sections/tips” rule with the EXACT Betaminic strategy name.   You can then edit the staking plans and betting bank size of each strategy individually.

 

Setup 2 “Groups”

In this setup, we follow 25 Betaminic strategies and we want to bet on 10 of them with one staking plan and the other 15 with a different staking plan.

For example, we want to follow the Top 10 Winners by Maximum Drawdown from 2020 that were from the “Best Betting Strategies of 2020” article.

Top 10 Winners by Maximum Drawdown

 

And then in another set we want to follow 15 strategies taken from the Top 10 Winners by Profit, the Top 10 Winners by Betaminic Rating and the Top 10 Winners by Big Data that are not already in the first low drawdown set of 10.

Top 10 Winners by Profit

 

 

Top 10 Winners by Betaminic Rating

 

 

Top 10 Winners by Big Data

 

 

Step 1 Repeat Steps 1-5 from Setup 1 “Singles” but use a name that makes it easy to understand it is a set of Betaminic strategies and not a single Betaminic strategy.
Step 2 Edit the “Bet on imported selections/tips” rule and enter all of the strategy names that you want to bet on, but they MUST be separated by a comma. No extra spaces are needed, only separate with commas.	Away X 4 Over,Double Chance Home or Away win,No more draws in my life,DNB Home win – strong teams,Sniper Over,Winning pattern 1X,Home w1n Andrea,OVER OVER,Teams in great shape,TOM WHITAKER BDHY Scoring Away Overs V2 (BD100HY10 BD200HY5)
Step 3 Repeat steps 1-2 for the other strategy set of 15.	Braveheart,deneme,Colossus 06 Scoring Away Overs,DOUBE CHANCE,away wins,home win contra tendencia andrews371,No Draws Medium Streak – Both Teams,Draw trend 2,EPL INVERSA,Pro-Home,Home Team Recent Streak: Few Draws,Colossus 14 Home Blanks Away Scoring,DRAW YENİ STRATEJİ,Draw high odds under,DENEME 8 YENİ STRATEJİ
Step 4 You can then edit the staking plans of each set. For example the LowDD Set of 10 might bet 2% of a 1,000 bank on each bet, but the Best of 2020 Set of 15 might bet using Secure Staking settings with a 1,000 bank.

 

Copy and paste-able example of the LowDD Set of 10 names

Away X 4 Over,Double Chance Home or Away win,No more draws in my life,DNB Home win – strong teams,Sniper Over,Winning pattern 1X,Home w1n Andrea,OVER OVER,Teams in great shape,TOM WHITAKER BDHY Scoring Away Overs V2 (BD100HY10 BD200HY5)

 

Copy and paste-able example of Best of 2020 Set of 15 strategy names

Braveheart,deneme,Colossus 06 Scoring Away Overs,DOUBE CHANCE,away wins,home win contra tendencia andrews371,No Draws Medium Streak – Both Teams,Draw trend 2,EPL INVERSA,Pro-Home,Home Team Recent Streak: Few Draws,Colossus 14 Home Blanks Away Scoring,DRAW YENİ STRATEJİ,Draw high odds under,DENEME 8 YENİ STRATEJİ

 

Being able to automatically bet on a set of Betaminic strategies when you don’t have to manually search for and place bets, and you don’t have to log and record results in order to calculate the next stakes, is a huge time saver.

You can combine multiple strategies into betting systems that are easier to follow as a whole. Apply different staking levels and staking plans to each aggregated betting system. (e.g. Low Drawdown System, High Profit System, High Yield System, Betaminic-PRO System, Colossus21, Proven8, etc.) Your role changes from a betting system administrator to a betting system manager. You have more time to think about the large strategic picture of your portfolio rather than use time on just keeping it running. The 10 GBP per month* of the Bf Bot Manager seems good value in that context. (*If you purchase the 1 year subscription.)

 

Setup 3: “Singles and Groups”

What if we follow 5 Betaminic strategies and we want to follow each of them with a different staking plan in 5 individual bot strategies plus 1 more group bot strategy that bets on all 5 of those strategies with one bank and staking plan. This is also possible by setting up base bot strategies and add-on bot strategies that get triggered when the base bot strategies place bets.

 

Step 1 Duplicate one of the single bot strategies. (Repeat Steps 1-5 from Setup 1 “Singles”) but use a name that makes it easy to understand it is a set of the 5 Betaminic strategies and not a single Betaminic strategy.
Step 2 In the staking tab for the strategy, delete the “Bet on imported selections/tips” rule. And in the Selections Conditions tab, delete the “Default bet type” rule. This is because the trigger of this strategy will be the 5 single bot strategies, not the imported tips.
Step 3 In the Selections conditions tab, click on the blue plus button to add a condtion.
Step 4 Add the condition “Only if specified strategy has bets on same selection”.
Step 5 Add the 5 bot strategies we want this bot strategy to be triggered by from the bot strategy list on the right to the bot strategy list on the left by clicking each on individually and clicking “Add”.
Step 6 Change the option of “Allow betting if all selected strategies satisfy all selected options” to “Allow betting if one of selected strategies satisfies all selected options”. (This means the bot strategy will bet if any one of the single strategies triggers it.)   Select “Matched” and “Unmatched” bets from the drop down menu of “have bets on same selection that are”. (This means that if a single strategy places a bet, matched or unmatched, it will trigger this strategy to copy the bet.)   Make sure that the checkbox “only on same market” is checked. (This is to make sure it does not bet on other markets with selections of the same name i.e. “Draw”)
Step 7 Add another selections condition rule “Bet type by runner position”.
Step 8 For the “Bet type by runner position” select “Back” runner with position “1”.
Step 9 Add 2 more “Bet type by runner position” rules for runner position “2” and runner position “3”.*
Done! This bot strategy is now set to place bets on the same selections that the single strategies do. You can now adjust the staking plan to your liking for this set of 5.

 

*Note: Why do we use 3 incidences of the same bet type runner by position? This is basically telling the bot to place bets if the trigger single bets have a bet on the same market on selection 1, or selection 2 or selection 3. For Match Odds that is the home (Runner with position 1), away (#2) or draw (#3) bet. For Over/Under 2.5 goals markets it is the Under (#1) and then the Over (#2) bet. For the DNB markets is the DNB(H) bet (#1) and the DNB(A) bet (#2). For the Double Chance markets it is the DC1X bet (#1), the DCX2 be (#2) and the DC12 bet (#3).

 

The great advantage of this is that you can see exactly how each individual, single strategy has performed for you personally. You can see how they are performing as a set. You can apply a staking plan and a betting bank to them as a set.

 

Export Bet Results

You can easily export results to analyse further and plug into staking analysis software.

On the History screen, click on “Export bets” to get a CSV file of your bets that can be analysed.

 

Take Betfair commission into account

In the Tools & Settings screen, click on the General settings button and add a tick to the “Take commission from overall market profit”.  Then your P/L  in the bot should match your Betfair account P/L.   It is also possible to edit the commission taken if it differs from the default settings.

 

Set Time to Bet

Choose the time you want your bets placed. You can use the Betaminic statistics page to find out if the market you are betting on has odds that generally get lower or higher nearer kick-off.

For larger stake amounts, it can be better to set the Time to bet earlier than 5 minutes before kick-off to give your stakes chance to be matched. 10, 20 or even 30 minutes before might be a better time as stakes get larger.

The Betaminic minimum recommended odds stop the bot from betting on poor odds, so no matter how early you allow betting on a market, it will not bet under the minimum recommended odds.

In the Market conditions tab, you can edit the Time to bet by choosing how many seconds or minutes before in play that the bot strategy can start placing bets.

 

Set Safety Stop-Losses

If you are using a new high odds strategy, a recovery staking plan or a new add-on strategy. Set safety limits to prevent negative variance going over your risk limits.

You can add a rule from the Safety Rules tab of the strategy.
The Max Profit and Loss rule allows you to set a profit/loss level that when reached prevents new bets being placed. This can also be set as a trailing profit or loss limit.   (Not this does not limit the loss to 50, but prevents new bets being placed after a loss of 50 is exceeded.)

 

Get Live Updates

With the Betfair mobile app, it will automatically notify you of goals and results in the matches you are automatically betting on. No need to select each fixture in other livescore apps. Wherever you are, you’ll know your bot is placing bets and doing the busy work for you.

 

Leverage even more value out of the Betaminic value picks

Create automated trading strategies that use the Betaminic picks as base selections for automated trading.

Some examples might be:

Lay the Underdog – If the underdog scores first in a home favorite pick, set the bot to automatically lay the underdog at 0-1 in-play if it is still the first half.

2^nd Bet if Red Card – If the away underdog gets a red card in a home favorite pick, set the bot to automatically place a 2^nd bet to take advantage of the situation.

2^nd bet at Half Time – If the score is still 0-0 at half time, set it to make another home bet on the home favorite pick at better odds than pre-game. This works for DNB home bets or Double Chance 12 bets, too.

Better Odds – Try to get better odds by setting the bot to place bets 5 minutes into in-play, instead of pre-game. Or even split the bets to place half pre-game and half in-play.

 

Lay the Underdog – Example Settings

These are example settings of how you can set up a bot strategy to place lay bets on underdogs. (Note: These are just example settings for demonstrative purposes. Always test strategies in simulation mode first and be careful that you understand the settings that you are using.)

Only bet on home favorites. Only bet during 1st half. Only bet if your main imported bets strategy has a bet on the market. Only bet when 0-1.
Place lay bet on the away team. Set odds limit for bets.
Set price rules for when placing bets.
Set stakes. Bet to liability.
Set a safety limit.

 

2^nd Bet if Red Card

These are example settings of how you can set up a bot strategy to place 2^nd bets when there is a red card. (Note: These are just example settings for demonstrative purposes. Always test strategies in simulation mode first and be careful that you understand the settings that you are using.)

Bet when there is a red card. Bet when home team is favorite. Bet in 1st half. Bet when home team winning or drawing.
Bet when main imported tips strategy has bets on the market. Back the home team Set odds limits
Set price rules of how to place the bets
Set a staking plan
Set a safety rule

 

 

2^nd bet at Half Time

These are example settings of how you can set up a bot strategy to place 2^nd bets at half time if it is 0-0. (Note: These are just example settings for demonstrative purposes. Always test strategies in simulation mode first and be careful that you understand the settings that you are using.)

Bet at half time. Bet if 0-0.
Bet only if your main imported tips strategy has bets on this selection. Back the home team.
Set price rules for when placing bets.
Use a staking plan.
Have a safety setting.

 

Better Odds

These are example settings of how you can set up a bot strategy to place bets at 5 minutes into the game if it is still 0-0.  (Note: These are just example settings for demonstrative purposes. Always test strategies in simulation mode first and be careful that you understand the settings that you are using.)

Bet at 5 minutes into in-play. Bet if 0-0.

 

We hope this article has given you a good idea of the wide variety of possibilities offered by automated betting through the BF Bot Manager.

 

Future Articles on the way:

Create Lay The Draw trading strategies that use the Betaminic Picks as match selections and then automatically make the lay bets and trade out according to your settings.

 

Please contact us at su*****@be*******.com if you have any questions about setting up automated betting, the BF Bot Manager software or anything else.

 

Important Notes about the BF Bot Manager:

1. You need a Betfair account to use the BF Bot Manager software.
2. The PC running the BF Bot Manager software needs to remain switched on and connected to the internet in order to place bets.
3. The BF Bot Manager runs on Windows operating systems only. If you don’t have Windows or don’t want to leave your computer on, then you can run your bot on a VPS (Virtual Private Server) that runs 24/7 and access it from anywhere! (For example: TAGADAB)
4. The Bf Bot Manager is a very useful and advanced tool. Compatibility has been made available in response to user request. However, we cannot guarantee the performance or accept any responsibility or liability for losses incurred either by the bot or the picks provided. Please refer to our Terms & Conditions and Legal Disclaimer for more information.

 

Read the first article on Automated Betting here.

Sign Up for free to access the Betamin Builder here.

Read more about Staking Plans

Access Betlamp, the amazing free statistics tool here.

Discover 6 free strategies that can be used with Betlamp Football Statstics.

Watch the YouTube video by Tom Whitaker “One Key Concept to Avoid Data Mining in Big Data Betting Systems”

Read more Betaminic posts here.