Anyone beleive in betting systems/software?

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I just got another offer for a so called betting system/software called automated bets by George Greyman, if thats his real name which i doubt. Anyway does anypne think these things can work and has anyone tried this new one out. Give me your thoughts and review on this new one if you know anything about it?

Rob
  • Profile picture of the author whateverpedia
    The only people who make money from betting software are the ones who sell it.
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    Arguing with an idiot is like playing chess with a pigeon.
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    • Profile picture of the author Alexa Smith
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      Originally Posted by whateverpedia View Post

      The only people who make money from betting software are the ones who sell it.
      I think this is almost certainly true.

      "Betting systems" - depending on how you define the term - may be a different matter, however.

      There are certainly people making a living from backing horses in British horse-racing. Most are perhaps doing so primarily from their understanding and experience of the sport, but some are using "systematic" (i.e. statistically/mathematically-based) approaches. Unlike a casino, of course, that sort of betting market has a lot in common with the stock market, as the available odds/prices, both from established books and on betting exchanges, are strongly influenced by human emotion and hype, of which experienced traders can take advantage.

      A small example: "tipsters", collectively, can't influence the chances of a horse winning a race, but they can certainly make sure that it's very poor backing value indeed, if it does, and this can sometimes make another horse in the race (perhaps the second-favourite) a very good value bet.
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  • Profile picture of the author dannycalifornia
    Any one has try it?
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  • Profile picture of the author QuickSurf
    None of this software/booms work for gambling, there's no secret system.. gambling is luck of the draw. I've bought a bunch of roulette systems just to test, 100% guarentee you will Lise money. may win some short term, but that's it, and 99% of people pry can't control their greed so they'll keep betting to try to recoup losses or win a little more resulting in even more lost money. Here's the other thing, online casinos software is basically programmed To catch a strategy your doing hence = you lose lol
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  • Profile picture of the author whateverpedia
    Excellent points Alexa.

    All the examples you gave rely on the "human touch", whether it's expertise, "inside" information, or just "gut-feeling". As you pointed out, there are many who do make money from betting, whether it's on the ponies, at the casino, or on the stockmarket.

    No amount of programming expertise however can build that into a piece of software, not one that "wins" consistently over the long term anyway.
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    • Profile picture of the author philipraj
      Hi guys ive been making money betting on football for about 2 years here in the U.K, soccer for you guys state side i dont have software nor do i use any tipster service i think they dont work and they are a waste of money. I am just a huge fan of football and follow a few teams closely, the key is dont get greedy and and stick to your staking plan. But to answer the question of betting systems/software i think its impossible to bet on sports using software there is too many variables.
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      • Profile picture of the author TaxFreeQuid
        Hi,

        I think you are in a way but just as computer programming is growing so are software.These days, computer can do virtually anything.That's what systems are about.People have been able to develop their systems into software.

        These 2 are paricularly good

        Football

        Football Filter

        For Horse racing

        Tips On Racing

        There are a few good and reliable manual systems and also software. The 2 examples above are purely software based and they work.
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  • Profile picture of the author willie12
    a few days ago "only 3 copies were left". Today I got an email with this product and on the site it says: " Only 100 copies available".

    That's how it works.

    Sven
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  • Profile picture of the author Kurt
    Law of numbers states that no betting system can over-come a house advantage.

    Put two red marbles in a paper bag and one black marble. No system will change the odds of pulling out a red or black marbel. It doesn't matter if you lost or won 10 times in a row, bet $5 this time and $500 next time. All that matters is there are two red marbles and one black marble.

    There are strategies that can be used for things like video poker, blackjack and poker, but even these games have had the casinos changing things to counter act the players.

    In poker you're not playing against the house, just the other players. However, you still have to over-come the house rake, tipping the dealers and cocktail waitresses. So in order to be a "break even" poker player, you actually need to be a very good poker player.

    And with the online games, you have to deal with player "self-colusion", which is a good poker player with two (or more) computers using different IP addresses. This gives him/her twice as much info, as well as the abiity to play "best hand" and to use one "player" to raise and call, while hiding a strong hand held by his other "player".

    Blackjack was beatable, and still is to some degree, but the casinos (at least in Las Vegas) have really cracked down on many things...Like "wonging", auto shufflers, no entering the game mid-deck, etc.

    Video poker is a game that with a little study a player can reach a break-even game, with the right game selection.

    My advice is to learn blackjack basic strategy, with some simple/basic card-counting strategies, along with a video poker strategy or two. The goal is to break even, then take advantage of casino "comps" and player card "freebies". If you can do this, casino gambling actually becomes a very inexpensive form of entertainment.

    My brother finally listened to my advice about learning video poker strategies and siging up for casino clubs and has learned how to have a good time spending very little money, although you do need enough cashflow to over-come the dry spells. He actuallly got 3 nights for free at the Wynn, a very nice casino, and is just about a "break even" player at the machines.

    There's tons of video poker trainers online for free, as well as basic strategy charts for blackjack, which is where he learned.

    And don't follow anyone's "advice" that's selling something...Instead, listen to the Wizard of Odds. He's got it right:
    Wizard of Odds: The last word on gambling strategy


    There are other good resources for gambling, but the Wizard isas good as any and may as well start there. You'll know you're getting sound, solid, REAL advice and I like the truth.
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  • Profile picture of the author charto911
    There are very few systems that work and that is simply because nobody wants to follow them all the way through. A client of Mine Coopers Pick seems to be one of the few sports handicappers that actually get it and know how to win consistently year in and year out. These so called strategies apparently rarely work because if they did than you would buy it be a millionaire and retire
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    • Profile picture of the author Mellinge
      Originally Posted by charto911 View Post

      There are very few systems that work and that is simply because nobody wants to follow them all the way through.
      Very True!!!

      This is often the problem, even with the successful systems people get impatient and want to win more money in less time. How do I know this, because I was one of those people for a long time and have just managed to kerb this habit (or basic stupidity).

      If you have a system that works (really needs to work on a level stake strategy over a sustained period) then you need to stick to the plan and not get caught chasing a loss to recoup your losses because of course your strategy couldn't be wrong 2 or 3 time could it!!!???
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      • Profile picture of the author thunderbird
        I think it is within the realm of possibility that such a software could work. It would incorporate probability principles, mass patterns, and suchlike.
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  • Profile picture of the author Robert02011
    A betting system has to have a 30% strike rate to make any money.The deal is say you bet $5 and doubleup until you win then go back to $5 and repeat and you will win.
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    • Profile picture of the author Alexa Smith
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      Originally Posted by Robert02011 View Post

      A betting system has to have a 30% strike rate to make any money.
      This is utter nonsense.

      A betting system with a 25% strike-rate and average winning odds of 7/1 will win money hand over fist (or "hoof over fist", if it involves horse-racing).

      A betting system with even a 10% strike-rate will also win money as long as the average odds are more than 9/1 (though the losing runs will be very long and it'll need a lot of patience and discipline).

      It's absolutely nonsensical to pluck a percentage figure out of the air, without mentioning the odds at all, and say that the strike-rate has to be above or below some number.

      Originally Posted by Robert02011 View Post

      The deal is say you bet $5 and doubleup until you win then go back to $5 and repeat and you will win.
      This is simply a variation of the "Saint Petersburg paradox" and all it guarantees is that you'll eventually arrive at the poor-house. :p
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      • Profile picture of the author Kurt
        Originally Posted by Alexa Smith View Post

        This is utter nonsense.

        A betting system with a 25% strike-rate and average winning odds of 7/1 will win money hand over fist (or "hoof over fist", if it involves horse-racing).

        A betting system with even a 10% strike-rate will also win money as long as the average odds are more than 9/1 (though the losing runs will be very long and it'll need a lot of patience and discipline).

        It's absolutely nonsensical to pluck a percentage figure out of the air, without mentioning the odds at all, and say that the strike-rate has to be above or below some number.



        This is simply a variation of the "Saint Petersburg paradox" and all it guarantees is that you'll eventually arrive at the poor-house. :p
        Depends on the figure chosen. In the US, paramutual betting is usually a 20% disadvantage, meaning if $1000 are wagered, only $800 is paid out.

        This is a huge disadvantage to over come statistically and the odds on the individual wagers don't matter when deteremining the overall advantage/disadvantage.

        Because of this huge disadvantage, one could be a pretty good handicapper and still be a loser over the long haul.

        Sure, some have been long term winners, but there's also been long term winners in the lottery.
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        • Profile picture of the author Alexa Smith
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          Originally Posted by Kurt View Post

          In the US, paramutual betting is usually a 20% disadvantage, meaning if $1000 are wagered, only $800 is paid out.
          I see ... didn't know this; thank you.

          Different here (UK): the previous government had to abolish betting tax (which had been 7% or 9%, I think, many years ago) because all it did was drive the bookies and betting-firms offshore - to Gibraltar and/or the British Channel Islands, in our case. It's one of those situations where they can't tax people without driving them out of the country, which creates local unemployment and so on, and is obviously politically and economically undesirable. So we have no betting taxes here at all, now: what you win, you keep. (Just a commission-fee of between 2% and 5%, depending on your betting turnover, if you choose to use a betting exchange rather than an orthodox bookie).

          Originally Posted by Kurt View Post

          This is a huge disadvantage to over come statistically
          For sure. It would make any form of betting that I've seen, here, absolutely impossible. That's an "edge" you just wouldn't be able to overcome, in the long run, and still churn out your small profit-margin.
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    • Profile picture of the author DeadRooster
      Originally Posted by Robert02011 View Post

      The deal is say you bet $5 and doubleup until you win then go back to $5 and repeat and you will win.
      This is the Martingale System. Many gamblers have went broke with it.
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      • Profile picture of the author Fordster
        Hi there,

        I've been an experienced sports/football trader (trade on the prices of the outcome using betfair) for a few years now. Sports are are lot more predictable than the stock markets believe me and there are certain angles that you can make money in any sport if you have the long-term/statisitical point of view, which many people who participate in gambling don't have and don't succeed.

        I've also developed a football betting system that works medium/long-term and I'm currently setting up a website (launch date of 1st of December) to offer such information to a select few.

        In the time being, Please PM me with your e-mail address and I'll give you all the system selections for free until launch and also send you a spreadsheet of my results since 30/04/11.

        To use these selections you do need a Betfair account.

        Cheers

        Fordster
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        • Profile picture of the author hardraysnight
          the majority of my income comes from a stats based sports betting system. I bet only 5 months a year and live comfortably. I know nothing about the particular sport. My software is in my head.

          I have a subscriber base of 50, too lazy to grow it, and 80% have been with me more than 3 years. I have no web page, no autoresponder, even use paypal as my payment system as my clients pay for the past month, never in advance.

          Statistics can work

          sports arbitrage can work

          i have seen my share of racing systems and tipsters. I have yet to find one i would recommend to my list.

          happy betting
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  • I don't care how good your system is, and there are very good ones out there, the casino always has the advantage by a HUGE margin. There's no way anyone would open a casino if they weren't guaranteed their money back thousands and thousands of times over.

    A real system can certainly increase your odds, but you'll never break the casino's bank. That's impossible without cheating. If there were a sure-fire system, all of the casino's would be bankrupt by now, believe it.

    Simple logic tells me that:

    If the author's system is so good and reliable, and he's a gazillionaire now because of it, then why is he selling a crappy piece of software to share with others? That 'secret' could be sold for millions of dollars to each customer, and would be absolutely worth every penny.

    Don't waste your time, OP.
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    • Profile picture of the author Kurt
      Originally Posted by Bradley J Anderson View Post

      I don't care how good your system is, and there are very good ones out there, the casino always has the advantage by a HUGE margin. There's no way anyone would open a casino if they weren't guaranteed their money back thousands and thousands of times over.

      A real system can certainly increase your odds, but you'll never break the casino's bank. That's impossible without cheating. If there were a sure-fire system, all of the casino's would be bankrupt by now, believe it.

      Simple logic tells me that:

      If the author's system is so good and reliable, and he's a gazillionaire now because of it, then why is he selling a crappy piece of software to share with others? That 'secret' could be sold for millions of dollars to each customer, and would be absolutely worth every penny.

      Don't waste your time, OP.
      Actually the house advantage in some games is dynamic and can fluctuate. This can happen in games with progressive jackpots.

      For example, on a bank of video poker machines if the progressive jackpot gets large enough it can actually have a positive expectation for skilled players.

      In blackjack there are times when everyone at the table is at an advantage, depending on the cards that have already been dealt, they just don't know it...unless they are card counters. And this is one of the main benefits of card counting: Placing more/higher bets when at an advantage and less/fewer bets when at a disadvantage.

      And poker is a game where you don't play against the house but rather other players...Although in a live action game the house rake and tipping dealers and waitresses puts an average player at a disadvantage....You have to be better than average to break even.
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  • Profile picture of the author DireStraits
    The only thing I believe is that betting (especially on horse-racing) increases your odds of looking/acting (and probably smelling) like this guy ...



    ... and that's enough to scare me away from the whole blummin' thing.
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  • Profile picture of the author Sunfyre7896
    As far as systems that go on "trends" such as teams coming off of wins of this percentage against teams that won their last 3 games by this much and, and, and, are worthless because those are coincidences. I just downloaded Bookie Buster to see and it has 21 systems that don't use those but have ways to manipulate the math of the lines so that you have an improved chance of winning. Some of them look like you could win a bit, not a great deal, but a decent amount but it takes time as most are meant for one bet per day. The other catch is that you have to have a decent sized bankroll of probably 100 units or $100K. The best thing I learned from any of it is the money management which is probably the single most important thing to learn in sports or any gambling. Take 25% of your total bankroll and only play with that until you double that. Then, only risk up to 2.5% of that 25% on a single game and only up to 25% of that 25% on a single day. This is why so many undisciplined amateurs go broke so fast. You have to bet small per day, not try to get back your losses so fast. This will help anyone weather bad losing weeks.
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  • Profile picture of the author Dougn57
    I tried a texas holdem software years ago....

    It was a bust, lol
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  • Profile picture of the author dagaul101
    Personally I doubt if they can work on any consistent basis, no different from blind luck
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  • Profile picture of the author struisman
    Hey Rob, no they do not work. I have tried and have lost cash so never again. I think that the betting systems are placed there by gaming providers as a lure, they work long anough for you to make a little cash then they take it all away again
    Don't waste your cash. Rather stick to marketing, at least you know that if you do it right you will make money
    Regards
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    Cape Town, South Africa
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  • Profile picture of the author joshef
    There are many betting sites which provide these kinds of betting software and system. With these they also provide the guide book or we can say that sport book which contains the detail of the betting system. The wager can get the information from there to gamble their game.
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  • Profile picture of the author wazzub5star
    Banned
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    • Profile picture of the author peterjohns
      Come don't even think about these kind of software. You want machines to play poker at your place.
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  • Profile picture of the author glacey
    Tried roulette sniper software and a roulette system similar to the martingale and lost money with both, a lesson learned.
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