Form Labs – Week 11
03/05/2012
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 bad week. I think it is far too near the end of the season to be betting on past form. 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 11 | £100 Start | ||||
Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
27/04/12 | £0.00 | £300.65 | |||||
Toulouse | Under 2.5 | 1.66 | £10.00 | £6.60 | £6.27 | £306.92 | |
Lorient | Under 2.5 | 1.82 | £10.00 | -£10.00 | -£10.00 | £296.92 | |
Groningen | Home Win | 1.55 | £10.00 | -£10.00 | -£10.00 | £286.92 | |
Sp Braga | HT Home Win | 1.73 | £10.00 | £7.30 | £6.94 | £293.86 | |
Day Total | -£6.80 | £293.86 | |||||
28/04/12 | *Stoke | Over 2.5 | 2.04 | £10.00 | -£10.00 | -£10.00 | £283.86 |
Sunderland | HT Draw | 2.32 | £10.00 | £13.20 | £12.54 | £296.40 | |
*WBA | Over 2.5 | 2.04 | £10.00 | -£10.00 | -£10.00 | £286.40 | |
Wigan | Away Win | 2.64 | £10.00 | -£10.00 | -£10.00 | £276.40 | |
Cagliari | Home Score First | 1.91 | £10.00 | -£10.00 | -£10.00 | £266.40 | |
Palermo | HT Home Win | 3.00 | £10.00 | -£10.00 | -£10.00 | £256.40 | |
Levante | Home Score First | 1.70 | £10.00 | -£10.00 | -£10.00 | £246.40 | |
Roma | Home Win | 2.72 | £10.00 | -£10.00 | -£10.00 | £236.40 | |
Villarreal | HT Home Win | 2.42 | £10.00 | £14.20 | £13.49 | £249.89 | |
Day Total | -£43.97 | £249.89 | |||||
29/04/12 | Chelsea | Home Win | 1.49 | £10.00 | £4.90 | £4.66 | £254.54 |
*Lecce | Under 2.5 | 2.06 | £10.00 | -£10.00 | -£10.00 | £244.54 | |
Novara | Away Score First | 1.31 | £10.00 | £3.10 | £2.95 | £247.49 | |
*Siena | Under 2.5 | 1.90 | £10.00 | -£10.00 | -£10.00 | £237.49 | |
*Spurs | Over 2.5 | 1.48 | £10.00 | -£10.00 | -£10.00 | £227.49 | |
Day Total | -£22.40 | £227.49 | |||||
30/04/12 | Man City | Home Win | 2.16 | £10.00 | £11.60 | £11.02 | £238.51 |
Sporting | HT Home Win | 1.98 | £10.00 | £9.80 | £9.31 | £247.82 | |
Day Total | £20.33 | £247.82 | |||||
02/05/12 | Nordsjaelland | Under 2.5 | 1.88 | £10.00 | £8.80 | £8.36 | £256.18 |
Ajaccio | Under 2.5 | 1.91 | £10.00 | -£10.00 | -£10.00 | £246.18 | |
Bordeaux | Home Score First | 1.82 | £10.00 | £8.20 | £7.79 | £253.97 | |
Brest | Under 2.5 | 1.60 | £10.00 | £6.00 | £5.70 | £259.67 | |
Lyon | HT Home Win | 2.30 | £10.00 | -£10.00 | -£10.00 | £249.67 | |
Nice | Under 2.5 | 1.84 | £10.00 | £8.40 | £7.98 | £257.65 | |
PSG | Home Win | 1.57 | £10.00 | £5.70 | £5.42 | £263.06 | |
Day Total | £15.25 | £263.06 |
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 11 | £100 Start | ||||
Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
27/04/12 | £0.00 | £166.83 | |||||
Toulouse | Away Win | 1.50 | £10.00 | £5.00 | £4.75 | £171.58 | |
Groningen | Home Score Next | 1.81 | £10.00 | -£10.00 | -£10.00 | £161.58 | |
Lorient | Home Win | 1.48 | £10.00 | £4.80 | £4.56 | £166.14 | |
Day Total | -£0.69 | £166.14 | |||||
28/04/12 | Roma | Home Win | 1.47 | £10.00 | -£10.00 | -£10.00 | £156.14 |
Villarreal | Over 1.5 | 1.32 | £10.00 | £3.20 | £3.04 | £159.18 | |
Day Total | -£6.96 | £159.18 | |||||
29/04/12 | Atalanta | Over 1.5 | 1.30 | £10.00 | £3.00 | £2.85 | £162.03 |
Lecce | Draw | 2.30 | £10.00 | -£10.00 | -£10.00 | £152.03 | |
Day Total | -£7.15 | £152.03 |
60 Minute Live Logic: A profitable week.
Form Labs Black | 60′ Live Logic | Week 11 | £100 Start | ||||
Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
27/04/12 | £0.00 | £229.30 | |||||
Toulouse | Under 1.5 | 2.04 | £10.00 | £10.40 | £9.88 | £239.18 | |
Lorient | Over 2.5 | 1.89 | £10.00 | £8.90 | £8.46 | £247.64 | |
Braga | Home Score Next | 1.78 | £10.00 | -£10.00 | -£10.00 | £237.64 | |
Day Total | £8.34 | £237.64 | |||||
28/04/12 | Roma | Draw | 2.34 | £10.00 | £13.40 | £12.73 | £250.37 |
Villarreal | Under 2.5 | 1.39 | £10.00 | £3.90 | £3.71 | £254.07 | |
Day Total | £16.44 | £254.07 | |||||
29/04/12 | Lecce | Lay Home Score Next | 2.50 | £6.67 | £6.67 | £6.34 | £260.41 |
Day Total | £6.34 | £260.41 |
Summary of Results:
“Game Notes” (Lite Version)
Start Bank: £100
This week’s P/L: -£37.59
Running Balance: £263.06
“Half-Time In-Play” (Pro Version)
Start Bank: £100
This week’s P/L: -£14.80
Running Balance: £152.03
“60 Minute Live Logic” (Black Version)
Start Bank: £100
This week’s P/L: £31.11
Running Balance: £260.41
See the sales page that compares all the three versions of Form Labs here…