Hi

I purchased BetBotPro about 2 weeks ago.
And thanks to the excellent posts on here by Bhagwan I have been able to win a little money.

However there are some poiints I do not understand.
Bhagwan refers to Stop/Loss 30% (to protect the bank)
In the latest version of BetBotPro I cannot see where the Stop/Loss setting is. All I have is Max Loss. Is that it ?

Also some of the posts by bhagwan recommend (4 winners max then stop for the day)
I understand why you would stop at 4 winners. However why run it only once a day.

And what is meant by "TAB No 1 to Lay"

And lastly in the profit and loss column, what is the yellow square No-Bets-Extra-Odds-Range
There is no mention of this in the manual

Thanks.

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Hi Woweee
OK
Stop/Loss = Max Loss

Stopping at 4 winners is generally more doable on a regular basis than say 8 winners on a regular basis.
The idea is to have as many profitable days than loosing days.
If you feel you wish to go again after hitting objective , then that's purely optional.
What generally happens is everything goes well until a horror run is struck , then one will wish they did stop once ahead.

TAB No.1 means saddle cloth number .

The yYellow box is telling us that the selection does not fit within our preset min-max acceptable price parameters , as set by us.
e.g. Our price setting may be 2.60-4.75 but the targeted selection , may be 5.00+ ,therefore it wont make the bet.

There is an EXTRAS box there as well, which can be set to say 1st Favs <=4.75
Check to see if that EXTRAS box is ticked or un-ticked at the bottom.
Click on that box to reveal that EXTRAS program.
Its just another optional filter.
For instance , we may only wish to only bet the 1st fav , if the 2nd fav is >=6.00
So just insert that in the EXTRAS box. e.g. 2nd fav >= 6.00

__________________
Cheers.

Thanks for your reply.

So when you say Stop/Loss 30%.

Do you mean if my bank is £500 I set Max Loss to 30% of bank ie £150 ?

That's right.

__________________
Cheers.

Thank you Bhagwan.
Your help is much appreciated.
I have searched this forum and printed of 5 your BetBotPro configurations from the The Ocho Auto Betting System thread which I am now going to play with.
Do you have any more that I have not found yet ?.

Another strategy that works well when doing Win or Lay betting

Is to set the Max win and Max loses at 12 in each box.

This limits the exposure to risk on most strategies.

If one cant show a profit within the 12 bet parameters , it is unlikely profit could be made making that figure larger.

Try this strategy.
Target the 1st fav to win 2.20-5.40

Set EXTRAS at 2nd Fav >= 5.80

This means the Fav will only be bet if the 2nd fav is 5.80 or more.


Set to win 5-10% of bank.

Max loss 30% of bank .

Bet 1% of bank flat stakes

__________________
Cheers.