Form Labs – Week 9
20/04/2012
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.
Not as many games were analysed this week, due to other commitments. You do need to be by the computer to do in-play analysis for the Pro and Black versions and even if you are, it can be difficult to check matches at half-time (if you are also doing other things) and it can be particularly difficult to do an analysis at the 60 minute point in games.
With less commitments and more application to using the software, I’m sure more profit could be made.
I was asked ths week if I was using any selection “filters” for the Lite version and if a purchaser will get the same bets. Here s my rather long answer:
Game Notes, not much progress 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 9 | £100 Start | ||||
| Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
| 14/04/12 | £0.00 | £355.30 | |||||
| West Brom | Home | 2.22 | £10.00 | £12.20 | £11.59 | £366.89 | |
| *Hamburg | Under 2.5 | 2.08 | £10.00 | £10.80 | £10.26 | £377.15 | |
| *Leverkusen | Over 2.5 | 1.70 | £10.00 | £7.00 | £6.65 | £383.80 | |
| *Schalke | Under 2.5 | 2.28 | £10.00 | -£10.00 | -£10.00 | £373.80 | |
| Bayern | HT/FT H/H | 1.99 | £10.00 | -£10.00 | -£10.00 | £363.80 | |
| *Real Madrid | Over 2.5 | 1.26 | £10.00 | £2.60 | £2.47 | £366.27 | |
| Levante | HT Away | 1.60 | £10.00 | -£10.00 | -£10.00 | £356.27 | |
| Day Total | £0.97 | £356.27 | |||||
| 15/04/12 | Espanyol | Home Score First | 2.00 | £10.00 | £10.00 | £9.50 | £365.77 |
| Ajax | HT/FT H/H | 1.33 | £10.00 | £3.30 | £3.14 | £368.91 | |
| Mgladbach | Home Win | 1.53 | £10.00 | £5.30 | £5.04 | £373.94 | |
| Real Betis | HT Draw | 2.30 | £10.00 | -£10.00 | -£10.00 | £363.94 | |
| *Malaga | Over 2.5 | 1.65 | £10.00 | -£10.00 | -£10.00 | £353.94 | |
| Man U | HT/FT H/H | 1.67 | £10.00 | £6.70 | £6.37 | £360.31 | |
| *R Vallecano | Over 2.5 | 1.73 | £10.00 | -£10.00 | -£10.00 | £350.31 | |
| Day Total | -£5.97 | £350.31 | |||||
| 20/04/12 | Dukla Prague | Home Score First | 1.58 | £10.00 | £5.80 | £5.51 | £355.82 |
| Day Total | £5.51 | £355.82 |
Half-Time In-Play: Just two bets this week – nice profit.
| Form Labs Pro | Half-Time In-Play | Week 9 | £100 Start | ||||
| Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
| 14/04/12 | £0.00 | £169.16 | |||||
| Horsens | Under 2.5 | 1.84 | £10.00 | £8.40 | £7.98 | £177.14 | |
| Rayo Vallecano | Under 2.5 | 1.32 | £10.00 | £3.20 | £3.04 | £180.18 | |
| Week Total | £11.02 | £180.18 |
60 Minute Live Logic: Two bets with a small profit this week.
| Form Labs Black | 60′ Live Logic | Week 9 | £100 Start | ||||
| Date | Match | Bet | Odds | Stake | P/L | Net | Balance |
| 15/04/12 | £0.00 | £226.95 | |||||
| Malaga | Over 2.5 | 1.45 | £10.00 | -£10.00 | -£10.00 | £216.95 | |
| 20/04/12 | Dukla Prague | Over 4.5 | 2.30 | £10.00 | £13.00 | £12.35 | £229.30 |
| Week Total | £2.35 | £229.30 |
Summary of Results:
“Game Notes” (Lite Version)
Start Bank: £100
This week’s P/L: £0.52
Running Balance: £355.82
“Half-Time In-Play” (Pro Version)
Start Bank: £100
This week’s P/L: £11.02
Running Balance: £180.18
“60 Minute Live Logic” (Black Version)
Start Bank: £100
This week’s P/L: £2.35
Running Balance: £229.30
See the sales page that compares all the three versions of Form Labs here…
