Form Labs – Week 12
07/05/2012
Rich Reviews Form Labs
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, another losing week as the poor end of the season form continues to eat into our profit. 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 12 | £100 Start | ||||
Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
05/05/12 | £0.00 | £263.06 | |||||
*Arsenal | Over 2.5 | 1.41 | £10.00 | £4.10 | £3.90 | £266.96 | |
B Dortmund | H/FT H/H | 1.88 | £10.00 | £8.80 | £8.36 | £275.32 | |
Koln | HT Away | 2.16 | £10.00 | £11.60 | £11.02 | £286.34 | |
*Gijon | Under 2.5 | 2.20 | £10.00 | -£10.00 | -£10.00 | £276.34 | |
Mallorca | Home Score First | 1.59 | £10.00 | £5.90 | £5.61 | £281.94 | |
Lecce | Draw | 3.40 | £10.00 | -£10.00 | -£10.00 | £271.94 | |
Day Total | £8.88 | £271.94 | |||||
06/05/12 | Newcastle | Home Win | 4.90 | £10.00 | -£10.00 | -£10.00 | £261.94 |
Bologna | Away Score First | 1.52 | £10.00 | -£10.00 | -£10.00 | £251.94 | |
Udinese | Home Score First | 1.47 | £10.00 | £4.70 | £4.47 | £256.41 | |
Mun U | Clean Sheet | 1.99 | £10.00 | £9.90 | £9.41 | £265.81 | |
Cagliari | Away Score First | 1.35 | £10.00 | £3.50 | £3.33 | £269.14 | |
AC Milan | Away Score First | 1.72 | £10.00 | -£10.00 | -£10.00 | £259.14 | |
Day Total | -£12.81 | £259.14 |
Half-Time In-Play: I wasn’t about much this week to do half-times.
60 Minute Live Logic: I wasn’t about much this week to do 60 minute bets.
Summary of Results:
“Game Notes” (Lite Version)
Start Bank: £100
This week’s P/L: -£3.92
Running Balance: £259.14
“Half-Time In-Play” (Pro Version)
Start Bank: £100
This week’s P/L: £0.00
Running Balance: £152.03
“60 Minute Live Logic” (Black Version)
Start Bank: £100
This week’s P/L: £0.00
Running Balance: £260.41
See the sales page that compares all the three versions of Form Labs here…
Final Review to follow shortly.