My main aim with the Betfair ATM test was, because this is a strategy and not a system, proving the methods involved actually worked and as I didn’t have much time to spare then the dipping in and out of the markets has proven the ideal scenario for usability.
We are looking at the in-play place markets with a minimum odds of 1.3 to place a straight bet so with odds so low you would need to achieve a very high strike rate in the high 80% bracket to make it pay.
I made a profit of £ 85.93 over my trial using a £ 10 fixed stake but I am sure I could have made much more as this is based on very few races each day over the trial period but on the flip side would have made much less if I hadn’t of used the unmentioned stop losses.
If I am perfectly honest and although I found the Betfair ATM strategy to work and also based on the opinions of my fellow bloggers we found it to be a little knife edged in so much as you have a very small window of opportunity to place your bets depending on the outlined in-play criteria.
The ebook is reasonably well detailed but only really skirts over the ideal point in which to place your bets and is something that you can only really learn if watching the markets but you do need to know when as this criteria can often have a wide margin of availability throughout the race but contains a precise moment of closure for the actual bet.
Michael does offer additional training which isn’t that cheap and goes into some of the stop loss details which I personally think should be in the manual from the beginning. I have been using the stop losses because it is a natural trading reaction and am aware it is somewhat unfair to the test if the manual doesn’t point this out but as I was using my own money I could be forgiven but you do get the point I am making.
Email support is always available which I think, due to the lack of this finer detail, is a must and had to ask a few question myself about this point of the strategy in the beginning but all in all it is a reasonably solid package that can make money. If I gave it a star rating I would just about give it a 3.5 out of 5 but for the purposes of the blog and the fact that it does make money and is a process that the more you do, the do the better you can get I would have to advise for this to go into the approved category.
A betting bot has been mentioned and even used on another test elsewhere but as there is no mention of this and/or no comercial availability or standardised settings then this in my opinion is not a true representation of results but I am sure one could be sorted out but that is another chapter you would have to take up with the author.
I nearly forgot to mention that Betfair ATM is ideally suited to N.Hunt racing as it is a slower and more predictable pace in the markets and flat racing, especially the sprints, take a little more experience as these can be a bit fast and furious on the in-play betting side and over in a jiffy and the in-play bet delay can leave you hanging out to dry if you are not careful.