i cracked the betfair code

[wassem]

been making around $300 daily consistently for the past 2 months from racing and tennis, using 2 underdog systems taken from some ebooks and refined by myself.


heres result for past 3 days:

Horse Racing: USD607.30 | Tennis: USD348.25 Total P&L: USD955.55

Horse Racing Showing 1 - 8 of 8 markets
Market Open date Profit/loss (USD)
Horse Racing / Newb 27th Jun : 1m3f Hcap 27-Jun-06 12:55 281.23
Horse Racing / Silgo 27th Jun : 1m2f Hcap 27-Jun-06 12:45 -73.89
Horse Racing / Wolv 26th Jun : 1m4f Sell Stks 26-Jun-06 09:15 199.97
Horse Racing / Clair (RSA) 25th Jun : R9 1450m plt 25-Jun-06 09:50 799.09
Horse Racing / DownR 25th Jun : 3m Hcap Hrd 25-Jun-06 09:45 -262.64
Horse Racing / GowP 25th Jun : 1m Hcap 25-Jun-06 09:35 -82.40
Horse Racing / Warw 25th Jun : 5f Hcap 25-Jun-06 09:30 -125.69
Horse Racing / DownR 25th Jun : 2m Hrd 25-Jun-06 09:15 -128.37





I've read many books, won and lost my lunch money, but its all coming together now. haven't had a losing week since may. i think i'll keep testing it for a couple more months and if it works really i'll quit my job.

good luck to everyone!

[HYIP ALL DAY]

You are telling us this because...

[Taxi_Driver]

been making around $300 daily consistently for the past 2 months from racing and tennis, using 2 underdog systems taken from some ebooks and refined by myself.


heres result for past 3 days:

Horse Racing: USD607.30 | Tennis: USD348.25 Total P&L: USD955.55

Horse Racing Showing 1 - 8 of 8 markets
Market Open date Profit/loss (USD)
Horse Racing / Newb 27th Jun : 1m3f Hcap 27-Jun-06 12:55 281.23
Horse Racing / Silgo 27th Jun : 1m2f Hcap 27-Jun-06 12:45 -73.89
Horse Racing / Wolv 26th Jun : 1m4f Sell Stks 26-Jun-06 09:15 199.97
Horse Racing / Clair (RSA) 25th Jun : R9 1450m plt 25-Jun-06 09:50 799.09
Horse Racing / DownR 25th Jun : 3m Hcap Hrd 25-Jun-06 09:45 -262.64
Horse Racing / GowP 25th Jun : 1m Hcap 25-Jun-06 09:35 -82.40
Horse Racing / Warw 25th Jun : 5f Hcap 25-Jun-06 09:30 -125.69
Horse Racing / DownR 25th Jun : 2m Hrd 25-Jun-06 09:15 -128.37





I've read many books, won and lost my lunch money, but its all coming together now. haven't had a losing week since may. i think i'll keep testing it for a couple more months and if it works really i'll quit my job.

good luck to everyone!


WOW that's amazing !!! You are the man !!!

I just wished you didn't just wet our whistle before disappearing.


I mean tell us more !!! Pleeaze how did you crack that code!

[free4all]

Whats the point of this thread? why are you telling us this?
Im planning to go to the AIDS forum later today and tell them I found the cure, but im not going to share it with the world.

[wassem]

i thought i'd share my success with everyone on the forum i visit daily, and this is the response i got...

when i used to do forex on another forum, everyone congratulate each other on their success.

anyways heres what i do:
i bet on 2nd or 3rd fav horses that steam in odds just before the off while fav drifts out, if i win great. if i lose i increase stake for the next bet so that the winning covers the previous loss but also ensures a profit.

for tennis i bet on the underdogs that steam in odds a few moments before the matches start. same staking plan (if i lose i increase stake)

good luck!

[wassem]

Today's result:

Horse Racing: USD729.82 | Tennis: -USD239.14 Total P&L: USD490.68

Horse Racing Showing 1 - 3 of 3 markets
Market Open date Profit/loss (USD)
Horse Racing / Newc 29th Jun : 6f Mdn Stks 29-Jun-06 09:20 1,393.28
Horse Racing / Salis 29th Jun : 1m2f Hcap 29-Jun-06 09:10 -279.24
Horse Racing / Ling 29th Jun : 7f Mdn Stks 29-Jun-06 09:00 -384.22


not a good day for tennis, but some profits from horseracing

[PMorty]

Hmmm... is that 'Martingale' i smell? Good luck mate

[cttc]

Post predictions before the event. Otherwise why don't u just "fo".......u're here because ?

[wassem]

for ur question cttc, if u read my previous post, u'll know that i bet just before the event starts as i take no consideration in form but solely depend on changing odds. if u really want, i can post predictions a minute or 2 before the race starts tomorrow and u'll see for urself.

and for everyone else who think i should share the secrets or i shouldnt be here: NO, i'm not gonna share my secrets, ive said enough in my last post, go figure out urself, because yes im a greedy bastard and i wanna secure all the liquidity and profit for myself and if u think this thread is pointless, then dont read it. simple as that. i'll post my daily results on here while u can keep losing, im fine with that

[tank]

wassem,
thanx for sharing with us your method. :) it could just be one of the ways to success! who knows. keep us posted on your results.

tank

[dtm]

Hi Wassem, thanks for sharing and congrats to your success. Pls keep us posted, and ignore the naysayers.

Would it work as well if you did not raise the stakes after losses?

[wassem]

no it wouldnt work if u dont raise ur stake after a loser. the entire point of the staking plan is not to have a high strike rate, in fact my strike rate is below 35%, but to lose often but once u win, u win big. for example on june 25, which i posted results on first page, my 5 horse bets are as follows:

Horse Racing / Clair (RSA) 25th Jun : R9 1450m plt 25-Jun-06 09:50 799.09
Horse Racing / DownR 25th Jun : 3m Hcap Hrd 25-Jun-06 09:45 -262.64
Horse Racing / GowP 25th Jun : 1m Hcap 25-Jun-06 09:35 -82.40
Horse Racing / Warw 25th Jun : 5f Hcap 25-Jun-06 09:30 -125.69
Horse Racing / DownR 25th Jun : 2m Hrd 25-Jun-06 09:15 -128.37

so on the first bet, i lost $128.37
on the second bet, i lost $125.69
on the third bet, i lost $82.40
on the fourth bet, i lost $262.64
now u may think "geez u lost over $500 in 4 losing streaks", well guess what, i won on my fifth bet, with a profit of $799.09, which, not only covers up previous 4 losses, but also gave me a profit.

now u can see i didnt neccesarily raise my stakes after each bet, (example 3rd bet is smaller stake than 1st or 2nd), thats because the odds are high and i dont need high stakes to cover up loss and make a profit.

of course my stakes can get substantial once i lose say 5 or 6 straight times, and i usually stop there for the day. on those days i come home with $1000 loss, but i'll increase stakes and chase losses in the next 2 or 3 days and within 3 days im back in profit.

[wassem]

Today's horseracing results:

Today is quick. winner on the first race of the day.

Horse Racing: USD570.92 Total P&L: USD570.92

Horse Racing Showing 1 - 1 of 1 markets
Market Open date Profit/loss (USD)
Horse Racing / MrktR 30th Jun : 2m1f Hcap Hrd 30-Jun-06 09:10 570.92


Today's tennis:

i wanted to recoup loss from yesterday on tennis, so I hit hard ($1000) on DJOKOVIC VS YOUZHNY, backing DJOKOVIC at 1.58. match is just starting, we'll see what happens.

[wassem]

djokovic did it. not a bad day at all.

Today's final result:
Horse Racing: USD570.92 | Tennis: USD551.00 Total P&L: USD1,121.92

Horse Racing Showing 1 - 1 of 1 markets
Market Open date Profit/loss (USD)
Horse Racing / MrktR 30th Jun : 2m1f Hcap Hrd 30-Jun-06 09:10 570.92

Tennis:

Tennis Showing 1 - 1 of 1 markets
Market Open date Profit/loss (USD)
Tennis / Djokovic v Youzhny : Match Odds 30-Jun-06 07:00 551.00

[DriverDan]

You mentioned ebooks before. What ebooks were you referring to?

[wassem]

as i said im not gonna giveaway exactly how i bet, too bad i decide to keep the innermost secrets to myself, ive revealed enough in my previous post and it should get u started, if u have questions, feel free to ask

[jerrico]

can any one give me the website address for cracks and serials.

[wassem]

taking a break this weekend, gonna spend sum winnings from the $1000-day.

[hunter101]

Hey Wassem, are you betting in the states? Also, are you betting or laying? I wish i can get into befair in the states (US) because i believe trading on betfair is a great way to make money.

[wild dream]

i believe he is backing. if you lay, and using his style of playing, your stakes should get larger each time.

wild dream

[weddings]

I do something similar to this by following the way the market is looking just before the start of each race (1 minute before the off) in non-handicap races (apart from sellers and claimers) and also in small field handicaps and it works like a dream.

What you should be looking for are horses that are trading as close as possible to their current bookmaker's odds, or even better when they're backing something consistently at lower than the current bookmakers odds. At the same time the other market leaders should be weak. The majority of my bets are on the 1st, 2nd or 3rd in the betting.

Yesterday I made £1200 doing this and most Saturdays I make at least a few hundred, often more. The majority of my bets are around the £100 mark, but if I can get 4/1 or bigger I'll sometimes do them as £50 each-way bets.

Something else to consider when using a strategy like this is that it's often better to place your bets with a bookmaker rather than on Betfair, simply because the odds are often better at the time and there's no commission to pay. I make an extra 10-20% ROI doing this.

[wassem]

i am based in canada, so theres no problem here. i prefer USD as it is the primary currency in my NETeller.

yes i back horses, and as sumone said, if i am to lay them, my liabilities will skyrocket.

interesting point weddings, i'll look into that. usually when i bet i do not consider the type of the race, or small/large field. yes i do bet on the 10-1 2nd fav in a handicap 23-horse field in curragh, and horses like that do win, and they are very good betting prospects as u only need to stake little to win big cause the odds are high, and they do win quite often provided its a steamer and the fav is drifting out.

this system of betting works so well has its reasons. the fact that odds change just a minute before the off is that ppl note the way each horse walks down to the post prior to the off, and if the fav looks less energetic than say, the 2nd fav, then the odds will change, as these ppl place last-minute bets. and more often than not the 2nd or 3rd fav do win, giving u excellent value and good strike rate (30%+ is all u need)

wassem

[wassem]

Today's horseracing & Tennis:

9.15 Pontefract: co-fav Silverhay steamed in the last few secs before the off, Betfair offered 5.4 for Silverhay and 5.9 for co-fav Great View, bookies offered 9-2 for both. backed Silverhay $72, Silverhay went ahead and won it, Great View went unplaced. Profit: $300.96.

Tennis: Myskina, Tursonov, Murray and Stepanek look sharp and offer good value.

wassem

[DriverDan]

If you're not willing to share anything then why do you keep posting updates? Are you trying to brag?

[wassem]

DriverDan, if u care to read, i posted my system of betting on the first page, i think that is enough 4 ppl to get started betting the same way, my updates are examples of how i bet as well as predictions, and i answer questions from ppl that want to learn as well.

u asked for the ebooks i used, and i said im not gonna tell u, cuz ive said enough. if u have a problem with it, then dont read this thread, or keep ur mouth shut.

[wassem]

Today's final results:

lost a bit in tennis, although 2-2 w/ predictions. i'd say a typical day of betting.

Horse Racing: USD300.96 | Tennis: -USD44.86 Total P&L: USD256.10

Horse Racing Showing 1 - 1 of 1 markets
Market Open date Profit/loss (USD)
Horse Racing / Ponte 3rd Jul : 1m2f Hcap 03-Jul-06 09:15 300.96



Tennis results:

Tennis Showing 1 - 4 of 4 markets
Market Open date Profit/loss (USD)
Tennis / Tursunov v Nieminen : Match Odds 03-Jul-06 09:30 -50.00
Tennis / Baghdatis v Murray : Match Odds 03-Jul-06 09:15 -50.00
Tennis / Myskina v Jankovic : Match Odds 03-Jul-06 08:15 22.31
Tennis / Verdasco v Stepanek : Match Odds 03-Jul-06 07:00 32.83

[waynesgold]

wassem has a system that works for him, if you keep at you will get one too, just mystisim, good luck charms, ouija boards, and crap like that will never work, it is work, you want to work at gambling, go to vegas and get a job and work, you can hit the lottery with this program I have provided you have the time and the money to fill out 1000 tickets twice a week for 2 months with the Powerball cash you need 16 to 32,000 dollars and you will hit the jackpot within that period of time using the computer program, but isnt gambling about fast money that you dont have to earn? or work at ? www.lotteryvault.com are you game?

[DriverDan]

wassem has a system that works for him, if you keep at you will get one too, just mystisim, good luck charms, ouija boards, and crap like that will never work, it is work, you want to work at gambling, go to vegas and get a job and work, you can hit the lottery with this program I have provided you have the time and the money to fill out 1000 tickets twice a week for 2 months with the Powerball cash you need 16 to 32,000 dollars and you will hit the jackpot within that period of time using the computer program, but isnt gambling about fast money that you dont have to earn? or work at ? www.lotteryvault.com are you game?
:lolol: You can't beat the lottery. It has been proven time and time again that there is no pattern. The numbers are randomly chosen. Those ebooks are scams.

[wassem]

Today's final results:

Horse Racing: USD276.03 Total P&L: USD276.03

Horse Racing Showing 1 - 2 of 2 markets
Market Open date Profit/loss (USD)
Horse Racing / Ham 4th Jul : 1m Hcap 04-Jul-06 09:45 412.30
Horse Racing / Brig 4th Jul : 6f Claim Stks 04-Jul-06 09:30 -136.27


No suitable tennis matchups today.

wassem

[wassem]

i am going on a business trip on friday and wont be posting any more updates till the end of august. till then, good luck betting everyone.

[Painkiller]

wassem, a few questions:

the type of betting you are doing sounds like a system, so is is specific to betfair, because you cracked their code? What I mean to ask is, is your method a strategy, or a website flaw you are exploiting?

can it be done on other sites? I live in the US and can't use betfair :(

does " steam in odds just before the off while fav drifts out" mean that the 2nd and 3rd increase in odds while the odds on the favorite dimish just before the race?

[wassem]

@Painkiller:

no, im not exploiting a website loophole, what i use is a betting system, and since ur in US, u can use it on US horseracing with a sportsbook.

when i say " steam in odds just before the off while fav drifts out" , what i mean is the odds of 2nd or 3rd fav shortens while the fav's odds lengthens.

example:
Let's say here are forecast SP (ML odds in US) of a race:
fav: 4.5
2nd fav: 7

of course these are forcast odds and they WILL change, now lets say 10 minutes before the off, the odds look sumthing like this:
fav: 4.3
2nd fav: 6.7

both horses shortened in odds, but the odds 10 minutes before the off means nothing. just take note of that, now come back again 1-minute before the off, if the odds are like this:

fav: 5.1
2nd fav: 5.3

then hit hard on the 2nd fav, as it almost guarantees a good performance. more often than not by the end of race that 2nd fav becomes a co-fav or a new fav. becuz its odds will shorten all the way upto the race ends.

hope this helps.

wassem

p.s. im going on a business trip to the US this friday, for almost 2 months, where i wont be able to use betfair, but ill look into US sportsbooks. u need a sportsbook that shows:
1) live odds
2) previous odds of each horse
3) fast results preferably within 1 minute of race end OR if u can watch the race live

[Painkiller]

Thanks wassem for the reply. I wonder if this strategy works better on a betting exchange like betfair, the theory being that normal bookies who are trading against you would more tightly control their odds, rather than a counterparty bookie like betfair? I appreciate the insight into your method, and I understand not wanting to reveal too much. For some people like me, it is enough just to know that the possibility of a winning system exists. Free lunches are too suspect these days anyway. I also wanted to ask you, if you don't mind, about your staking percentage. Let's say you begin with $1000, based on that, what percentage of that would you risk on the first race? The following stakes would be determined by your gain or loss on each subsequent race, is this correct? I am not all that familliar with horse racing, though I have been to the track a few times, but if the first few races were losses, how could you increase the stake without doubling it each time to make up for previous losses? That is to say with out Martingaling (I made up that verb)?

Good luck with the system, I hope are able to quit your job, and have a nice trip! If you find a good website for people in the US, give us a shout. I am going to start snatching up all the ebooks on underdogs, that I can find ;)

[weddings]

Painkiller,

Try.....

http://www.bettingbots.com/resources/betting_exchanges/

Some interesting betting exchange stuff on there!

[wild dream]

heard some bad comments from people before regarding betting bots. just be careful if you are buying.

painkiller, to effectively make money using any system, i strongly believe that there must be some sort of a staking plan to come with it. by the way, we do have some info in our website regarding some common staking plans that people use. you might want to read more about it.

[weddings]

Wild Dream - the only products I've bought from there are Bet-IE and Value Horse Finder and I think both are excellent. I can't fault them at all and their support forum is one of the best on Internet (if you're into the betting exchanges anyway). I've used a couple of the poker applications they've got too, but I'm generally pretty crap at poker so my opinion is probably worthless in that respect :-)

I don't really think staking plans as such are necessary, but good money managment is essential when you're trading. It's the "going on tilt" factor (to quote a poker term) that kills almost everyone, no matter what they're betting on.

[razorconor]

incorparating martingale into your staking plan is never a good idea

[kingmod]

the thread title says it all. this is a scam. avoid.