Form Labs – Week 2
24/02/2012
Review Manager Rich Reviews Form Labs
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, One way and another I did fewer matches and got a tiny profit this week. A terrible day on Friday but Sunday made up for it. 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 2 | £100 Start | ||||
| Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
| 17/02/12 | £0.00 | £176.03 | |||||
| Mersin | HT Draw | 2.24 | £10.00 | -£10.00 | -£10.00 | £166.03 | |
| Heerenveen | Home Win | 1.33 | £10.00 | £3.30 | £3.14 | £169.17 | |
| Fiorentina | Home Win | 2.50 | £10.00 | -£10.00 | -£10.00 | £159.17 | |
| Inter | HT Home Win | 2.02 | £10.00 | -£10.00 | -£10.00 | £149.17 | |
| Reading | HT Draw | 2.26 | £10.00 | -£10.00 | -£10.00 | £139.17 | |
| Rio Ave | Under 2.5 | 1.59 | £10.00 | -£10.00 | -£10.00 | £129.17 | |
| Day Total | -£46.87 | £129.17 | |||||
| 18/02/12 | £0.00 | £129.17 | |||||
| Barnsley | Home Score First | 1.90 | £10.00 | £9.00 | £8.55 | £137.72 | |
| C Palace | Under 2.5 | 1.70 | £10.00 | -£10.00 | -£10.00 | £127.72 | |
| Ipswich | Under 2.5 | 2.16 | £10.00 | -£10.00 | -£10.00 | £117.72 | |
| Leeds | Over 2.5 | 1.77 | £10.00 | £7.70 | £7.32 | £125.03 | |
| Nottm Forest | Home Score First | 1.65 | £10.00 | £6.50 | £6.18 | £131.21 | |
| Peterborough | Away Score First | 2.48 | £10.00 | -£10.00 | -£10.00 | £121.21 | |
| Southampton | Home Win | 1.56 | £10.00 | £5.60 | £5.32 | £126.53 | |
| Day Total | -£2.64 | £126.53 | |||||
| 19/02/12 | £0.00 | £126.53 | |||||
| Granada | Over 2.5 | 2.28 | £10.00 | £12.80 | £12.16 | £138.69 | |
| Groningen | HT Draw | 2.52 | £10.00 | -£10.00 | -£10.00 | £128.69 | |
| Lecce | Home Score First | 1.85 | £10.00 | -£10.00 | -£10.00 | £118.69 | |
| Aberdeen | Under 1.5 | 2.96 | £10.00 | £19.60 | £18.62 | £137.31 | |
| Ajax | Home AH-1 | 1.47 | £10.00 | £4.70 | £4.47 | £141.77 | |
| Utrecht | Over 2.5 | 1.71 | £10.00 | £7.10 | £6.75 | £148.52 | |
| Vitesse | Away Score First | 1.70 | £10.00 | £7.00 | £6.65 | £155.17 | |
| Roma | Home Win | 1.49 | £10.00 | £4.90 | £4.66 | £159.82 | |
| Cesena | Away Win | 1.60 | £10.00 | £6.00 | £5.70 | £165.52 | |
| Novara | Over 2.5 | 2.62 | £10.00 | -£10.00 | -£10.00 | £155.52 | |
| Hibs | Away AH -1 | 1.59 | £10.00 | £5.90 | £5.61 | £161.13 | |
| Hannover | Home Win | 2.48 | £10.00 | £14.80 | £14.06 | £175.19 | |
| Palermo | Over 2.5 | 1.84 | £10.00 | £8.40 | £7.98 | £183.17 | |
| Udinese | Home Win | 2.02 | £10.00 | -£10.00 | -£10.00 | £173.17 | |
| Barca | HT/FT H/H | 1.80 | £10.00 | £8.00 | £7.60 | £180.77 | |
| Day Total | £54.24 | £180.77 | |||||
| 22/02/12 | Sochaux | Over 2.5 | 2.02 | £10.00 | -£10.00 | -£10.00 | £170.77 |
| *Siena | Under 2.5 | 1.67 | £10.00 | £6.70 | £6.37 | £177.13 | |
| Day Total | -£3.64 | £177.13 |
Half-Time In-Play: Again it was Sunday that produced the profit
| Form Labs Pro | Half-Time In-Play | Week 2 | £100 Start | ||||
| Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
| 17/02/12 | £0.00 | £93.93 | |||||
| Mersin | Away Next Goal | 2.12 | £10.00 | -£10.00 | -£10.00 | £83.93 | |
| Heerenveen | Over 2.5 | 1.71 | £10.00 | -£10.00 | -£10.00 | £73.93 | |
| Fiorentina | Away win | 1.61 | £10.00 | £6.10 | £5.80 | £79.73 | |
| Inter | Away win | 1.43 | £10.00 | £4.30 | £4.09 | £83.81 | |
| Reading | Home Win | 1.30 | £10.00 | £3.00 | £2.85 | £86.66 | |
| Rio Ave | Away Win | 1.48 | £10.00 | £4.80 | £4.56 | £91.22 | |
| Day Total | -£2.71 | £91.22 | |||||
| 19/02/12 | Lecce | Lay No Goal | 3.65 | £3.80 | £3.80 | £3.61 | £94.83 |
| Groningen | Over 2.5 | 1.79 | £10.00 | £7.90 | £7.51 | £102.34 | |
| Aberdeen | Under 1.5 | 1.54 | £10.00 | £5.40 | £5.13 | £107.47 | |
| Roma | Lay No Goal | 5.00 | £2.50 | -£10.00 | -£10.00 | £97.47 | |
| Genoa | Away Win | 1.79 | £10.00 | £7.90 | £7.51 | £104.97 | |
| A Bilbao | Lay No Goal | 4.90 | £2.60 | £2.60 | £2.47 | £107.44 | |
| Gijon | Lay No Goal | 4.80 | £2.65 | -£10.07 | -£10.07 | £97.37 | |
| Mallorca | Over 1.5 | 1.40 | £10.00 | £4.00 | £3.80 | £101.17 | |
| Levante | Away Win | 1.73 | £10.00 | £7.30 | £6.94 | £108.11 | |
| Day Total | £16.89 | £108.11 |
60 Minute Live Logic: quite difficult to be ready to look for bets at the 60 minute mark in-play, but I got two profitable bets!.
| Form Labs Black | 60′ Live Logic | Week 2 | £100 Start | ||||
| Date | Match | B et | Odds | Stake | P/L | Net | Balance |
| 17/02/12 | £0.00 | £155.45 | |||||
| Reading | Under 2.5 | 1.42 | £10.00 | £4.20 | £3.99 | £159.44 | |
| Day Total | £3.99 | £159.44 | |||||
| 18/02/12 | £0.00 | £159.44 | |||||
| Lecce | Over 2.5 | 1.67 | £10.00 | £6.70 | £6.37 | £165.81 | |
| Day Total | £6.37 | £165.81 |
Summary of Results:
“Game Notes” (Lite Version)
Start Bank: £100
This week’s P/L: £1.10
Running Balance: £177.13
“Half-Time In-Play” (Pro Version)
Start Bank: £100
This week’s P/L: £14.18
Running Balance: £108.11
“60 Minute Live Logic” (Black Version)
Start Bank: £100
This week’s P/L: £10.36
Running Balance: £165.81
See the sales page that compares all the three versions of Form Labs here…
