Fairbot Strategy Demo

Fairbot now has an automated strategy facility that allows you to assign strategy to a market or markets and let the software get on with it while you do something else. Here's a quick demo.

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hi there I thought I'd do a quick demo
on a new facility that's available floor
fairfield bought that was released this
week and that is the automation of
strategies and rules and conditions that
what with those strategies to allow you
to essentially set and leave your
betting you can access the facility
violent automation tablet right hand
side here by clicking on the strategy
editor button or you got to the tools
combining choose strategy editor now you
see I've already got a couple of
strategies setup but we'll do is all
I'll do one from scratch very basic one
where i'm going to leave the favorite so
we create a new one
rename that time we'll just call it
League fav ir what I'm going to do is
look for whenever run out hits a certain
odds and running
I mean will immediately leave it
slightly lower odds so we specify a name
for a new strategy right click on the
here and the rule this is going to be a
very simple rule
so we're just going to keep it the same
namely fav but keep in mind that you can
add any number of rules to the same
strategy with each rule doing different
things based on previous rule was
implemented so the purposes of this
exercise I'm going to leave the fav and
i'm going to leave the fav and this rule
kick in relative to the employee time so
it's going to kick in 0 seconds from in
plea
I can't ask it to stop running this rule
so i could specify just run this room
for X number of minutes or relevant to
the event start time or whatever but i'm
just going to want this to carry on
running
I can also specify for this rule to be
executed any number of times I'm only
wanting it to happen once i only want to
leave the favorite once which means that
this section here is irrelevant that
specifies the number of set in this case
seconds to wait between each execution
depending on what that account number is
so this particular rule fire once and
what I wanted to do is I wanted to place
a bet I want
bet on the favorite
keep in mind that x position is
different from by fatback fair rule by
betfair refers to its position within
the grid where it's what i want to do is
actually becomes favorite based on the
color range of backwards so I want to
set that to one to consider the favorite
I want to place a little bit of a fixed
price i will know what you can also do a
relative to base back plays on Best Lead
price i'm going to effects pranks and
i'm going to specify to put an alley at
odds of one . night i'm going to specify
ords of 50 and the stick is a liability
rather natural state you'll also notice
i can specify a filler kill in here
there's no need to set this because this
fool would kick in until the event goes
in plea
i want to set conditions however I don't
know which horse will be the favorite at
any particular point in the race
so what I'm going to see is that the
first runner
to be favorite
which hits
odds of less than or equal to
three-point
5c
this battle fire so whatever horse is
first to hit 3.5 and running
Ali bit will be placed on that horse
awards of 1.9
so click on OK and there's our best
specified now I've just made the
strategy up I have absolutely no idea of
this will work so you know don't think
this is a successful strategy i have no
idea
ok we see that and then we can come out
of the strategy editor we can now saying
it to this race and just something for
this race so let's say click up here and
choose a fav I are so that has no been
saying to this particular race also
whenever you do that it gets added to
the watch list so we can actually the
same things in here by if example
choosing the next couple of races and
adding those manually to the watch list
and so now I could select those races
and a sign
the same strategy to or any other
strategy that I have done in the past so
we'll use learn those ones and hopefully
see laws and action as well
ok so we can shut that down with no wait
for this race to to get going and you
see that or are mineral Greece there we
go
we can see that the races is about to
start
let me just pause the video until it
gets going rather than week for them to
on the hunt
they were particularly quick for a
change okay so we just sit and wait for
the odds of one of these horses to hit
3.51 slack gets triggered that executed
zoo / one or two change 21 / 1 and also
only the best option you have a bad
being placed here
you'll also notice that
the horse name is changing that's
because become favorite is changing as
indicated by this one here now that one
has been
so we go back to the best you see that
we best be placed on by angle is then
drifted out before the one . name was
reached and consequently we didn't have
a bit much to the market
that's Frank
purpose of Acts sighs of course must
actually let you see the thing in action
if we move to the next race we see we
have
this particular is different strategy
assigned let me just run through with
this strategy does it looks for races
where the number of roses between six
and ten inclusive
it also looks for races for this pool
across a bit
we are the favorite odds-on favorite are
less than 4 i'm referring to the
backwards here so assuming those
conditions are met the system will from
ten seconds before the scheduled off
will place a Dutch bit for the value of
50 pounds on the third and fourth
favorite so this particular case and the
number of runners condition is met the
odds-on favorite condition is met
so with 10 seconds to go we would end up
with a Dutch between these two based on
the odds they are at the moment
once I Dutch has been placed the
strategy sits and waits for the recent
ago and running and and it will then
either greenup all if the Prophet bloom
on all selections together is the profit
for the market it's 10 it will greenup
all
if however the Prophet the market hits
minus-25 the other ones with 25 pounds
in the red it will read up all instead
ok I'm not seen this market on the
strategy works again it's just something
i said i bel air on yesterday whilst i
was testing this new feature again
you'll see that i'm doing everything in
simulation mode so the the matching
process behaves subtly differently to to
the real life but I'm that's what about
doing like just to make sure you
understand the settings and the behavior
of the strategy editor and how the rules
are implemented when you're looking at
real markets and we're also waiting on
that's clearly within the MarketWatch
lysol I'm concentrating on horse racing
you can have any kind of market and hear
any sport and any valid bear market if
you've got a successful strategy you can
implement it using field
and so you could build up all your you
events or your markets and strategies at
the beginning of the day set film off to
monitor those markets leave it running
and you can go off to work play golf or
whatever you want to do and like fair
ball
get on with it
ok what I'm going to do it since five
minutes before the start of this race
i'll pause the video and we'll come back
nearly off
okay we're coming up to the start of
this 320 @ karmel the all the conditions
are met so we should see that this gets
executed 10 seconds before the off
we're still looking at these two being
the third full favorites now again I
should emphasize that
this is a strategy i use
on a regular basis it's just purely been
set up as part of the process of
examining the automation facilities have
been introduced to fear but
absolutely all how we see that first
part of the strategy has been executed
itself only fun for favorite and placed
a dutch on them 50 pounds liability to
115 of course we're not willing to let
us run through to conclusion will be
getting up or reading up depending on
how the market goes with these two
rentals
given this is a two-mile race it's going
to take four minutes or so without pause
the video until we get off running
now you can see there's an eight-minute
police or fire at this resource i'll
switch to the next one we're currently
loading I've got the same strategy
assigned to it hopefully that will get
off very quickly there's the bank's just
being placed in there so we have a dutch
on these two
the four favorites
50 pound liability to 109 but we of
course will trade out once the race gets
going
so what I'll do is all . video again and
wait for one of these races to actually
stop
ok that didn't take too long so they're
off and running
if this hits 10
the
the Greenup all rule will trigger
if it drops down to minus 25 develop ol
will trigger
just a case of waiting and see should be
too long as well mile-and-a-half
the this facility i'm not sure if it's
something that I would actually use
simply because of style of training i do
but certainly if you're familiar with
Milo videos i do tend to trade touched
races and certainly those are a case for
setting up a rule automatically traído
of the dutch you see here this is the
green up for all button can change quite
rapidly and it's not i wouldn't be the
first time where is going to green and
I've tried to click on it
and it's changed in between me
registering where is green and we
actually clicking on the monks my
reaction times fast enough for it to
actually catch that green and so when
you think you're trading out for a
greener you find yourself with with a
red you'll see here that the red of all
option has triggered
so we've traded out these guys these two
well as well running particularly well
so we've traded out for guaranteed loss
of another place in vino veritas turns
things around pretty rapidly
ok let's switch back to the other one
sequence on the google yet so still got
a 12 minute delay again I'll . when you
come back to this one and see this one
direction and then
finish things
I think I've just mr. switch back to
this first grace because we shall more
came in quite quickly so there was a
chance you can see it from the girl
there was a chance that if I hadn't had
that trio option that read all option i
may well have hit the green which is one
of the reasons as that may I alluded to
earlier i tend not to try it out for a
guaranteed loss when i'm doing things in
running because the amount of times i've
done that only for my selections to go
on and win . company damn close to
winning vastly outweighs the the losses
i would have occurred if I'd let things
go
anyway let's go back to live
okay we're off and running now so just
watch this very see if it gets taken and
then that will do us for today but
essentially agency
if you do have successful strategies and
particularly if you lead a busy life
elsewhere is perfectly feasible to set
up those strategies within fear but set
them up in the morning
leave your computer on welfare but get
on with this thing during the day and
you go off to work or do whatever is
that you you need to do
it could also be for what I've seen so
far over the past couple of days it may
well be very useful to for trying out
some strategies to see if they actually
work whether you actually go on to do
them automatically or manually trade
those stretches Israel is irrelevant it
provides an automated feature an
automated mechanism whereby you can test
strategies without actually help to set
up the computer all the time so from
that point of view and you may find it
quite useful as well
okay we're just sitting
not enough around this ratio so let me
build a while for these things to come
down if you do come down
do with it 10
as a bit been placed in so we got t
agree no talk a little bit left on
society mine still looks like it's taken
think should balance up a little
there we go so there's a temper is
profit and that strategy in a nutshell
keep in mind that time
essentially randomly picking the fucking
for favorite without any regard to the
horses form performance parts results
ability short then place it running and
so on and so forth
it's not necessarily a strategy I would
implement but it serves a purpose in
terms of demonstrating the automation
feature
okay thanks so much for watching