Form Labs – Week 3
02/03/2012
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, a small loss 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 3 | £100 Start | ||||
| Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
| 24/02/12 | £0.00 | £177.13 | |||||
| Orduspor | Under 2.5 | 1.66 | £10.00 | £6.60 | £6.27 | £183.40 | |
| Waalwijk | Away Win | 3.25 | £10.00 | -£10.00 | -£10.00 | £173.40 | |
| Hradec | Under 2.5 | 1.70 | £10.00 | £7.00 | £6.65 | £180.05 | |
| Mgladbach | Home Score First | 1.60 | £10.00 | £6.00 | £5.70 | £185.75 | |
| Day Total | £8.62 | £185.75 | |||||
| 25/02/12 | Augsburg | HT Draw | 2.18 | £10.00 | £11.80 | £11.21 | £196.96 |
| Koln | Over 3.5 | 3.20 | £10.00 | -£10.00 | -£10.00 | £186.96 | |
| Mainz | Under 2.5 | 1.81 | £10.00 | -£10.00 | -£10.00 | £176.96 | |
| Suttgart | Home Score First | 1.53 | £10.00 | £5.30 | £5.04 | £182.00 | |
| Wolfsburg | Home Score First | 1.75 | £10.00 | -£10.00 | -£10.00 | £172.00 | |
| Chelsea | Over 3.5 | 2.34 | £10.00 | -£10.00 | -£10.00 | £162.00 | |
| Newcastle | HT/FT H/H | 2.40 | £10.00 | -£10.00 | -£10.00 | £152.00 | |
| *QPR | Over 2.5 | 2.14 | £10.00 | -£10.00 | -£10.00 | £142.00 | |
| Genoa | Under 2.5 | 1.83 | £10.00 | -£10.00 | -£10.00 | £132.00 | |
| Man City | AH -2 | 1.60 | £10.00 | £6.00 | £5.70 | £137.70 | |
| Auxere | Away Score First | 2.02 | £10.00 | -£10.00 | -£10.00 | £127.70 | |
| Valenciennes | Home Score First | 1.69 | £10.00 | £6.90 | £6.56 | £134.25 | |
| *Espanyol | Over 2.5 | 2.14 | £10.00 | £11.40 | £10.83 | £145.08 | |
| Day Total | -£40.67 | £145.08 | |||||
| 26/02/12 | *Arsenal | Over 2.5 | 1.60 | £10.00 | £6.00 | £5.70 | £150.78 |
| *Norwich | Over 1.5 | 1.74 | £10.00 | £7.40 | £7.03 | £157.81 | |
| Atalanta | HT Draw | 2.16 | £10.00 | -£10.00 | -£10.00 | £147.81 | |
| *Cagliari | Under 2.5 | 1.71 | £10.00 | -£10.00 | -£10.00 | £137.81 | |
| Catania | Home Win | 1.60 | £10.00 | £6.00 | £5.70 | £143.51 | |
| Chievo | HT Draw | 2.12 | £10.00 | £11.20 | £10.64 | £154.15 | |
| Siena | Over 2.5 | 2.16 | £10.00 | £11.60 | £11.02 | £165.17 | |
| Bayern | Home Win | 1.47 | £10.00 | £4.70 | £4.47 | £169.64 | |
| At Madrid | HT Away | 2.00 | £10.00 | £10.00 | £9.50 | £179.14 | |
| Day Total | £34.06 | £179.14 | |||||
| 28/02/12 | Chesterfield | Under 2.5 | 1.90 | £10.00 | -£10.00 | -£10.00 | £169.14 |
| Oldham | Under 2.5 | 1.80 | £10.00 | £8.00 | £7.60 | £176.74 | |
| Rochdale | Over 2.5 | 2.16 | £10.00 | -£10.00 | -£10.00 | £166.74 | |
| Day Total | -£12.40 | £166.74 |
Half-Time In-Play: A nice profit this week.
| Form Labs Pro | Half-Time In-Play | Week 3 | £100 Start | ||||
| Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
| 24/02/12 | £0.00 | £108.11 | |||||
| Waalwijk | Home Win | 1.43 | £10.00 | £4.30 | £4.09 | £112.20 | |
| Hradec | Under 1.5 | 1.49 | £10.00 | £4.90 | £4.66 | £116.85 | |
| Day Total | £8.74 | £116.85 | |||||
| 25/02/12 | £0.00 | £116.85 | |||||
| Augsburg | Over 1.5 | 2.48 | £10.00 | £14.80 | £14.06 | £130.91 | |
| Stuttgart | Home Win | 1.35 | £10.00 | £3.50 | £3.33 | £134.24 | |
| Wolfsburg | Away Win | 1.56 | £10.00 | £5.60 | £5.32 | £139.56 | |
| Day Total | £22.71 | £139.56 | |||||
| 26/02/12 | Norwich | Lay No Goal | 5.00 | £2.50 | £2.50 | £2.38 | £141.93 |
| Atalanta | Home Win | 1.78 | £10.00 | £7.80 | £7.41 | £149.34 | |
| Cagliari | Away Win | 1.90 | £10.00 | £9.00 | £8.55 | £157.89 | |
| Bayern | Home Win | 1.67 | £10.00 | £6.70 | £6.37 | £164.26 | |
| Rayo Vallecano | Over 1.5 | 1.81 | £10.00 | -£10.00 | -£10.00 | £154.26 | |
| Day Total | £14.70 | £154.26 |
60 Minute Live Logic: quite difficult to be ready to look for bets at the 60 minute mark in-play.
| Form Labs Black | 60′ Live Logic | Week 3 | £100 Start | ||||
| Date | Match | B et | Odds | Stake | P/L | Net | Balance |
| 24/02/12 | £0.00 | £165.81 | |||||
| Waalwijk | Under 2.5 | 1.36 | £10.00 | £3.60 | £3.42 | £169.23 | |
| Hradec | Home Win | 1.36 | £10.00 | £3.60 | £3.42 | £172.65 | |
| Mgladbach | Lay Draw | 2.26 | £7.95 | -£10.02 | -£10.02 | £162.63 | |
| Day Total | -£3.18 | £162.63 | |||||
| 25/02/12 | Augsburg | Home Win | 3.50 | £10.00 | £25.00 | £23.75 | £186.38 |
| Day Total | £23.75 | £186.38 | |||||
| 26/02/12 | Chevio | Draw | 2.36 | £10.00 | -£10.00 | -£10.00 | £176.38 |
| Bayern | Lay No Goal | 3.80 | £3.60 | -£10.08 | -£10.08 | £166.30 | |
| Day Total | -£20.08 | £166.30 |
Summary of Results:
“Game Notes” (Lite Version)
Start Bank: £100
This week’s P/L: -£10.39
Running Balance: £166.74
“Half-Time In-Play” (Pro Version)
Start Bank: £100
This week’s P/L: £46.15
Running Balance: £154.26
“60 Minute Live Logic” (Black Version)
Start Bank: £100
This week’s P/L: £0.49
Running Balance: £166.30
See the sales page that compares all the three versions of Form Labs here…
