» Our Bots

» Online Users: 11

2 members and 9 guests
Most users ever online was 174, 17-09-2013 at 01:42 AM.

» Stats

Members: 1,268
Threads: 1,980
Posts: 59,594
Top Poster: Glen (5,956)

» Log in

User Name:

Password:

Not a member yet?
Register Now!

» Site Navigation

 > FAQ
Page 5 of 22 FirstFirst ... 3456715 ... LastLast
Results 41 to 50 of 218
  1. #41
    Join Date
    Jul 2008
    Location
    In a world of my own
    Posts
    1,427
    Downloads
    0
    Uploads
    0

    Default

    Good morning Glen / Paul / everyone

    Am i right in thinking that initially, Doshbot can be set to default and make a profit, whilst giving the user the capability of experimenting with other settings, and if so do you need to be tuned in to the live markets, or, as with Arbscanner, can you check other settings after racing?

    I certainly take Jeffs` point regarding having your own input, on the other hand it could certainly be very useful to have the bot running in the background whilst giving you the opportunity to develop other things.

    Cheers

    Softie

  2. #42
    Join Date
    May 2008
    Location
    The Moon
    Posts
    5,956
    Downloads
    1
    Uploads
    7

    Default

    The DoshBot, as supplied, will come with settings that have made a profit so far (after all, this is gambling, at the end of the day).

    The bot will collect data every day so that once racing is over, you can adjust any setting within the bot and you will be able to see how those settings would have performed. You will be able to do this for a single day, or weeks or months. The testing is only limited by number of times you've ran the bot.

    There are literally thousands of combinations of settings, and if I supplied the bot with the best settings, then that could potentially damage those settings due to everyone making the same bets at the same time.

    I will be putting together a few videos over the next few days to demonstrate just how simple it is to come up with a winning system.

    Here are a range of different results based on varying settings.

    This bot uses level stakes, there are no staking plans built in.

    These graphs show points profit, so if staking 10, the profit in currency would be 10x trhe Curr Points figure in the graph.










    I will post up the profit / loss graph of the default settings when the bot is released.


    Cheers

    Glen.

  3. #43
    Join Date
    Oct 2008
    Location
    Jeff - The beach. The Mutt - The Sofa.
    Posts
    4,686
    Downloads
    0
    Uploads
    0

    Default

    Quote Originally Posted by softie View Post
    I certainly take Jeffs` point regarding having your own input,
    Softie
    Reading back my own 'comment' back there it seems a bit condicending, for which I apologise. I guess what I'm really trying to say and have probably said intermidably is that in my experience very few 'systems' work straight out of the box and require a bit of individual tweaking. This one is really no different apart from the fact that so far even on the default settings it appears to be showing a profit, however that's only following approximately 6 weeks of Beta testing, and as you know nothing is certain in this gambling world.

    If you decide to subscribe, I'd suggest that you'll get more out of it by playing around with the settings for a decent period before settling on your own prefered strategy and it'll be more statisfying in terms of having some personal input into the process. All of the Beta testing group have been running different settings and scenarios with 'Default' as the control group and although the day to day results vary they all show a profit long term.
    Cheers,
    jeff.
    Last edited by jeff and the mutt; 19-06-2010 at 09:56 AM.

  4. #44
    Join Date
    Jul 2008
    Location
    In a world of my own
    Posts
    1,427
    Downloads
    0
    Uploads
    0

    Default

    Thanks Glen / Jeff.

    We are all well aware that long term success in betting is largely down to patience and discipline, but for me confidence also plays a large part.
    If i know that Doshbot will provide me, from the outset, with a set of default settings that should make me a profit - even just enough to cover the subscription fees - then i am more than happy to tweak away to my hearts content to find my own settings, for greater long term profit.
    Even with those defaults, it would still be prudent to paper trade for a period of time before going in too strong.

    The danger, i think, for newbies to this style of betting, is to pay the subs., then automatically think that you need to get the initial outlay back quickly, stumble into some not so good settings, lose confidence, then give up.
    Glens explanation pretty much puts that ghost to bed i feel.

    Softie

  5. #45
    Join Date
    Apr 2010
    Location
    Auckland NZ
    Posts
    119
    Downloads
    0
    Uploads
    0

    Default

    I've only been around three months...on this site, not born!! I really enjoy all the positive and honest comments and currently use the LOF and FP Sytems bots. I live in NZ, set the bots before bed and let it do it's thing..I pressed a little hard early and lost abit of $$..so am running about even now...my question has kind of been answered but seems a bit silly. The main reason I use bots is it takes out my input, which is crucial!! and I like to sleep over night...I don't live and breath racing so don't have the knowledge of race types, grades etc, Can I learn easly enough how to manipulate and test the dosh bot, as it must be a learned skill itself to test these things...I suppose I mean does it take an experienced punter/beta tester to dabble effectively outside of the default settings.

    Cheers

    Rick

  6. #46
    Join Date
    Oct 2008
    Location
    Jeff - The beach. The Mutt - The Sofa.
    Posts
    4,686
    Downloads
    0
    Uploads
    0

    Default

    Quote Originally Posted by Rickmcd View Post
    Can I learn easly enough how to manipulate and test the dosh bot, as it must be a learned skill itself to test these things...I suppose I mean does it take an experienced punter/beta tester to dabble effectively outside of the default settings.
    Rick
    Rick,
    I'm an experienced gambler but a complete moron when it comes to anything to do with IT as anyone on here that knows me will attest to. Put it this way, I gave up trying to unzip a 'sounds' file the other day after a series of failures, which pretty much sums up my IT skillsets.

    If you can use and mess around with the FP & LOF bots then you won't have a problem with the Doshbot and it's pretty much, if you'll pardon the expression, 'Idiot Proof'. In short, if I can use it then anybody can.

    I'm not personally a fan of 'set & forget' because I like to have some input and the tweakingness (new word) of this one appeals to that side of my nature. Otherwise it would be just like a roulette wheel, which is probably a poor analogy, but I think you know what I mean. If you want to 'set and forget' and get some Zzzzz's in down under, then after your intial set up, which is simple, or just leaving on 'Default' should see you right. But where's the fun in that?LOL.
    Last edited by jeff and the mutt; 20-06-2010 at 08:45 AM.

  7. #47
    Join Date
    May 2008
    Location
    Lanzarote
    Posts
    791
    Downloads
    12
    Uploads
    4

    Default

    Jeff has summed it up nicely. I don't know what the default settings will be but I'm sure they'll be sensible ones to start everyone off. After you have been collecting daily data for a little while you'll soon start tweaking with no knowledge of racing. There is even a stop-loss & stop-profit function so you can sleep soundly. If you install the sounds file, which Jeff can't, you can lay in bed at night listening to the 'Kerch-ing' as the profit roll in
    [COLOR=maroon][SIZE=2][FONT=comic sans ms]Life should [U]NOT[/U] be a journey to the grave with the intention of arriving safely in an attractive and well-preserved body. It's better to skid in sideways, a beer in one hand and a bacon sarnie in t'other, body thoroughly used up, totally worn out and screaming "WOO-HOO, what a ride!!"[/FONT][/SIZE][/COLOR]

  8. #48
    Join Date
    Apr 2010
    Location
    Auckland NZ
    Posts
    119
    Downloads
    0
    Uploads
    0

    Default

    Jeff/Scraggy, thanks guys for your input...Sounds really interesting. I've been really impressed with the time and effort you guys and others put into this site. here's hoping I can add value to others as well down the track.
    Rick

  9. #49
    Join Date
    Oct 2008
    Location
    Barlow, Derbyshire, UK
    Posts
    857
    Downloads
    0
    Uploads
    0

    Default

    Bring on the DoshBot! Very excited looking at this and looks though it could be a lot of fun this summer. Dom
    Jumping For Fun - The Original Point-to-Point Racing Website
    http://www.jumpingforfun.co.uk
    J4F Point-to-Point Racing Discussion Forum
    http://j4f.activeboard.com

  10. #50
    Join Date
    Jun 2010
    Posts
    62
    Downloads
    0
    Uploads
    0

    Default

    Hi Glen, Can you pls advise if this BOT involves arbing at all....i.e. do you need to open a bookie a/c OR is Betfair the only platform that is required? Thanks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

» Today's Birthdays

None

» Recent Threads

Bot4us Beta Systems...
08-06-2014 03:22 PM
Last post by iankn
20-10-2014 09:30 PM
44 Replies 2,641 Views
BetHawk daily chat
23-01-2013 04:04 PM
Last post by yorkie
18-10-2014 11:39 AM
1,188 Replies 68,831 Views
Server updates - Late...
17-10-2014 07:25 AM
Last post by yorkie
18-10-2014 10:55 AM
3 Replies 106 Views
Back System 2013
07-03-2013 11:23 PM
Last post by drhum
11-10-2014 03:06 PM
823 Replies 53,408 Views
Hi everyone
30-09-2014 08:12 PM
Last post by drhum
11-10-2014 03:05 PM
7 Replies 246 Views
Bethawk Dynamic...
29-07-2013 10:32 AM
Last post by yorkie
01-10-2014 07:15 PM
151 Replies 15,737 Views
ROI - gross or nett ?
20-12-2013 05:40 AM
Last post by drhum
28-09-2014 04:06 PM
3 Replies 398 Views
Testing a couple of...
16-08-2014 10:35 AM
Last post by drhum
28-09-2014 04:05 PM
32 Replies 902 Views
Powered by vBadvanced CMPS v4.2.0