27/10/2008 by admin.

It has been a turbulent time in the world of autobet and Wilkinson’s.  As a result I have purchased a new quad core pc.  This will allow me to do more analysis and in addition run new versions of the software in parallel with existing versions.

I finish another week in front and I remember a couple of years ago I would have been happy with that.  My expectations are so much higher these days and I know when I get things how I want them then every day will be a profit day.

On the sporting front Spurs won.  I lost money and so glad.  Still well infront laying Spurs this season.  Middlesex played well  but lost to England.  So I made money.  Looking forward to tonights game as they should win as long as we sort the no balls and catching out.

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24/10/2008 by admin.

It is true blogging is actually becoming less popular. So in the next few weeks I am going to try changes things a little to make it more interesting.

It has been an interesting week of code bugs and bad luck.  Amended results and 1.01 losers all part and parcel of the game.  The code base yesterday did well making £500 from the very modest stakes including a 33/1 winner.   I will soon be purchasing another PC so that I am have a lot more alogorithms and databases on the go at the same time.

Despite costly mistakes autobet overall is still well in profit which is amazing considering the mistakes I have made and the fact that autobet pretty works with no intervention from around 6.30am each day until the end of racing.

I am hopeful that I will continue to slowly increase the stakes on autobet until the reach the level of wilkinson v2.   At this point I will either be doing a lloyds and hoping the government bail me out or I be in position to not worry about autobet and focus my attention on the web site.   I have so many great ideas for the website but currently no time.  I still truly believe I could create a better website than racing post, sportinglife and gg.com all put together.

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21/10/2008 by admin.

Despite a 33/1 backed in 7/1 on version 2 of Wilkinson it was a very disappointing day.  Version 3.0 netted its third losing day in a row.   Include 1.01 loser and 1.03 loser.  Analysis is continuing.   I am not too alarmed though as I did expect it take 2-3 months to get the algorithm to a point where I can leave completely solo for weeks on end.

I have retired algortihm 1 as algorithm is clearly more profitable.   I have introduced algorithm 3 for today’s racing to see if this is better or worse.

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20/10/2008 by admin.

It has been a jammed packed week for me, especially the weekend.  Autobet has matured and despite 2 small losing days at the weekend I was confident enough to increase the stakes by 20%, 10 each and both algorithms.  They both made good 7 day profits and I am confident that this situation will continue.

I did not manage to find the time to impliment the place betting yet but I have done some of the coding and most of the planning.  So hopefully I put this live soon.  At this point I can start the work on deep analysis of how the system is performing and the cherry of the cake the auto trade out values.  No doubt in a few weeks time I have 5 or 6 algoirthms running in parrallel allowing me determine truly which is the most profitable.

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17/10/2008 by admin.

In and out day for autobet.  First it was down, then it was up , then is was down and finally finished a little up.   Still happy though as all profit is good especially when it is no hands profit.   Plus I am collating lots of useful data on how to improve the profits.

I am looking forward to the 2 day meeting at Cheltenham as this is my favourite race course for many reasons.

Happy punting it’s Friday.

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16/10/2008 by admin.

Autobet had a massive winning day yesterday which well timed as it was the first time I had the 2 parrallel algorithms running correctly together.  The initial signs are as I thought the second algorithm will yield more profit.  Yesterday it made an extra 15% compared with algorithm 1.  If this continues then I retire alogorithm 1.

I am still missing quite a few winners that I back with v2 versus v3.   If I can continue to make a consistent profit though I will be happy.  I am collating data on whether to back more horses or less.  In addition I hope to add place betting at the weekend.

Come on.

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15/10/2008 by admin.

Although the last couple of days of not be that successful in terms of profit I am still happy with the overall progress of the auto bet software.   I have improved the code slightly and in addition have the ability to run multiple alogorithms for testing purposes.  In addition to this I have a wealth of data that I can replay.

Things left to do:-

1) Place betting

2) Analysing staking plan to get just right (fixed or flexible?)

3) Analyse max backed runners data (adjust accordingly)
4) Make algorithms completely parametisable and customisable.

5) Analyse inrunning data to get trade off values

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08/10/2008 by admin.

Auto bet has now made it 4 winning days on the trot and 6 from 8.   There is still plenty improvement on the software that I have identified but it making fully automated profit day in day out.

I am still going to slowly add the new features and up the stakes but I reckon in 2 to 3 months it will producing more profit than v2 and all on auto pilot.  Get in there.

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06/10/2008 by admin.

The automated software is starting to reach a decent level of consistency.  Not quite the 100% winning days that I require but certainly more winning days than losing days.   I have stopped tweaking daily albeit I change 1 staking value today.  The next step will be to start placing bets for horses to place which I do this week.   In addition I am probably going to use 2-3 different betfair accounts all using a slightly different algorithm to see which one fairs best.   This will allow then to focus my time on analysis which I can do in the evenings now there less racing at this time.

The 2-3 months I initially though it would take to nail down version 3 seems a little ambitious right now.  It may take as long as 6 but to be honest that is not really that long.   Epsecially as at this point I have a fully automated cash printing machine.

I am back to work today after 11 days out of the office.  It will had that kinda of strange feeling but also that nice familarity feeling.  Being the type of person I am it is important to have more than one iron in the fire and I certainly have that right now.   The word of the week and probably the rest of the month for me is analysis.   I need to carefully consider things and only make decesions when I am in a position of knowledge.   Instinct can get you a long way but sometimes you need to allow information to get you to the next level.

Version 2 produced a nice profit in September but well below August and below target.  This was due to problems getting money on and a knock on affect in confidence.   I have addressed a number of this issues over the last day or so and am looking forward to a strong October.

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