Form Labs – Week 10
27/04/2012
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, a bad week. I think it is too near the end of the season to be betting on past form. I tried extending selections to the lesser leagues, but got poor results. 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 10 | £100 Start | ||||
| Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
| 21/04/12 | £0.00 | £355.82 | |||||
| *Arsenal | Over 2.5 | 1.91 | £10.00 | -£10.00 | -£10.00 | £345.82 | |
| Cardiff | Home Score First | 1.60 | £10.00 | £6.00 | £5.70 | £351.52 | |
| *Blackburn | Over 2.5 | 1.72 | £10.00 | -£10.00 | -£10.00 | £341.52 | |
| Bolton | HT/FT H/H | 4.20 | £10.00 | -£10.00 | -£10.00 | £331.52 | |
| *Fulham | Over 2.5 | 1.90 | £10.00 | £9.00 | £8.55 | £340.07 | |
| Newcastle | Home Win | 1.76 | £10.00 | £7.60 | £7.22 | £347.29 | |
| QPR | Home Win | 4.00 | £10.00 | £30.00 | £28.50 | £375.79 | |
| Blackpool | HT Draw | 2.44 | £10.00 | -£10.00 | -£10.00 | £365.79 | |
| Brighton | Under 2.5 | 2.00 | £10.00 | £10.00 | £9.50 | £375.29 | |
| Bristol | Under 2.5 | 1.99 | £10.00 | £9.90 | £9.41 | £384.70 | |
| Reading | Under 2.5 | 2.08 | £10.00 | -£10.00 | -£10.00 | £374.70 | |
| Middlesborough | Under 2.5 | 1.91 | £10.00 | -£10.00 | -£10.00 | £364.70 | |
| Koln | Home Win | 3.85 | £10.00 | -£10.00 | -£10.00 | £354.70 | |
| *Hertha Berlin | Under 2.5 | 2.12 | £10.00 | -£10.00 | -£10.00 | £344.70 | |
| B Dortmund | Home Win | 1.51 | £10.00 | £5.10 | £4.85 | £349.54 | |
| Heerenveen | Over 2.5 | 1.48 | £10.00 | -£10.00 | -£10.00 | £339.54 | |
| Dijon | Away Score First | 1.61 | £10.00 | £6.10 | £5.80 | £345.34 | |
| Evian | Home Score First | 1.84 | £10.00 | £8.40 | £7.98 | £353.32 | |
| Montpelier | AH -1 | 1.72 | £10.00 | -£10.00 | -£10.00 | £343.32 | |
| Barca | HT/FT H/H | 2.58 | £10.00 | -£10.00 | -£10.00 | £333.32 | |
| Porto | HT/FT H/H | 1.50 | £10.00 | £5.00 | £4.75 | £338.07 | |
| *Sevilla | Over 2.5 | 1.74 | £10.00 | -£10.00 | -£10.00 | £328.07 | |
| Day Total | -£27.76 | £328.07 | |||||
| 22/04/12 | £0.00 | £328.07 | |||||
| Fiorentina | Away Win | 2.94 | £10.00 | -£10.00 | -£10.00 | £318.07 | |
| Den Haag | Away Score First | 1.54 | £10.00 | £5.40 | £5.13 | £323.20 | |
| Man Utd | Home Win | 1.39 | £10.00 | -£10.00 | -£10.00 | £313.20 | |
| Silkeborg | Under 2.5 | 2.22 | £10.00 | -£10.00 | -£10.00 | £303.20 | |
| Alkmaar | HT/FT H/H | 1.53 | £10.00 | -£10.00 | -£10.00 | £293.20 | |
| PSV | Home Win | 1.38 | £10.00 | £3.80 | £3.61 | £296.81 | |
| AC Milan | HT/FT H/H | 1.75 | £10.00 | -£10.00 | -£10.00 | £286.81 | |
| Cesena | Draw | 3.15 | £10.00 | £21.50 | £20.43 | £307.23 | |
| Lazio | Home Win | 1.76 | £10.00 | -£10.00 | -£10.00 | £297.23 | |
| Augsburg | Home Score First | 2.32 | £10.00 | £13.20 | £12.54 | £309.77 | |
| Rapid Vienna | HT Draw | 2.22 | £10.00 | -£10.00 | -£10.00 | £299.77 | |
| FC Copenhagen | AH -1 | 1.72 | £10.00 | -£10.00 | -£10.00 | £289.77 | |
| Ajax | HT/FT H/H | 1.51 | £10.00 | £5.10 | £4.85 | £294.62 | |
| Wolves | Over 3.5 | 2.12 | £10.00 | -£10.00 | -£10.00 | £284.62 | |
| Hradec | Under 2.5 | 1.89 | £10.00 | £8.90 | £8.46 | £293.07 | |
| Ajaccio | Under 2.5 | 1.72 | £10.00 | £7.20 | £6.84 | £299.91 | |
| Lyon | HT Home Win | 2.12 | £10.00 | -£10.00 | -£10.00 | £289.91 | |
| Juventus | Home Win | 1.51 | £10.00 | £5.10 | £4.85 | £294.76 | |
| Valencia | Home Win | 1.62 | £10.00 | £6.20 | £5.89 | £300.65 | |
| Day Total | -£27.42 | £300.65 |
Half-Time In-Play: I wasn’t about much this week to do half-times, but this also made a loss.
| Form Labs Pro | Half-Time In-Play | Week 10 | £100 Start | ||||
| Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
| 21/04/12 | £0.00 | £180.18 | |||||
| W Bremen | Under 1.5 | 1.95 | £10.00 | -£10.00 | -£10.00 | £170.18 | |
| Fulham | Under 1.5 | 1.76 | £10.00 | -£10.00 | -£10.00 | £160.18 | |
| A Villa | Under 1.5 | 1.70 | £10.00 | £7.00 | £6.65 | £166.83 | |
| Day Total | -£13.35 | £166.83 |
60 Minute Live Logic: No bets this week, I just wasn’t around to do them.
| Form Labs Black | 60′ Live Logic | Week 10 | £100 Start | ||||
| Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
| No bets | £0.00 | £229.30 |
Summary of Results:
“Game Notes” (Lite Version)
Start Bank: £100
This week’s P/L: -£55.17
Running Balance: £300.65
“Half-Time In-Play” (Pro Version)
Start Bank: £100
This week’s P/L: -£13.35
Running Balance: £166.83
“60 Minute Live Logic” (Black Version)
Start Bank: £100
This week’s P/L: £0.00
Running Balance: £229.30
See the sales page that compares all the three versions of Form Labs here…
