Form Labs – Week 7
06/04/2012
Rich Reviews Form Labs
Last weekend I had a lot of connectivity problems (the downside to living in a remote area) so I missed a lot of matches. Nevertheless I made a nice profit on all three systems. Remember these are just example systems using the FormLabs software. You could develop whatever system you wanted.
Briefly, this is a software database that uses past results to find bets for upcoming fixtures. I am running a test system for each of the three available versions.
The results I give are for “Game Notes” (Lite Version); “Half-Time In-Play” (Pro Version); “60 Minute Live Logic” (Black Version). All results are to Betfair odds available at the time, with 5% Commission deducted. I have a starting bank for each system of £100 and £10 stakes. For Lay bets my liability is approximately £10.
Game Notes, a nice profit this week. The matches marked with an asterix * denote selections that fit the 2.5 goal system described on the Form Labs sales pages. I’ll summarise them at the end of the review.
Form Labs Lite | Game Notes | Week 7 | £100 Start | ||||
Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
01/04/12 | £0.00 | £195.40 | |||||
Newcastle | Home Win | 3.00 | £10.00 | £20.00 | £19.00 | £214.40 | |
Hannover | Home Win | 2.75 | £10.00 | £17.50 | £16.63 | £231.03 | |
Lille | Home Win | 1.76 | £10.00 | £7.60 | £7.22 | £238.25 | |
Tottenham | Away Win | 9.40 | £10.00 | -£10.00 | -£10.00 | £228.25 | |
Hoffenheim | Home Score First | 2.20 | £10.00 | £12.00 | £11.40 | £239.65 | |
Valencia | Home Score First | 1.42 | £10.00 | £4.20 | £3.99 | £243.64 | |
Day Total | £48.24 | £243.64 | |||||
02/04/12 | *Blackburn | Over 2.5 | 1.69 | £10.00 | -£10.00 | -£10.00 | £233.64 |
Day Total | -£10.00 | £233.64 |
Half-Time In-Play: A nice profit this week.
Form Labs Pro | Half-Time In-Play | Week 7 | £100 Start | ||||
Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
01/04/12 | £0.00 | £164.16 | |||||
Hannover | Home Win | 3.35 | £10.00 | £23.50 | £22.33 | £186.49 | |
Day Total | £22.33 | £186.49 | |||||
02/04/12 | Blackburn | Lay No Goal | 5.00 | £2.50 | £2.50 | £2.38 | £188.86 |
Day Total | £2.38 | £188.86 |
60 Minute Live Logic: A small profit this week from just one match.
Form Labs Black | 60′ Live Logic | Week 7 | £100 Start | ||||
Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
02/04/12 | £0.00 | £169.22 | |||||
Blackburn | Lay No Goal | 3.00 | £5.00 | £5.00 | £4.75 | £173.97 | |
Day Total | £4.75 | £173.97 |
Summary of Results:
“Game Notes” (Lite Version)
Start Bank: £100
This week’s P/L: £38.24
Running Balance: £233.64
“Half-Time In-Play” (Pro Version)
Start Bank: £100
This week’s P/L: £24.70
Running Balance: £188.86
“60 Minute Live Logic” (Black Version)
Start Bank: £100
This week’s P/L: £4.75
Running Balance: £173.97
See the sales page that compares all the three versions of Form Labs here…