Advice

Computer Betting Systems – Friend or Foe?

(Last Updated On: July 6, 2010)

Guest post written by Paul Micelli

Sports betting has been a consistent marketplace for individuals with a trained eye for easy profits. Somewhat surprisingly, many of those who make the largest sums of money rarely place bets or wagers of their own. In fact, the market is currently jammed with former jockey, trainers, sport stars and pundits who promise untold riches based on their inside knowledge and experience.

The role of the sports tipster will hardly be a revelation to many long-term betting enthusiasts and most will already understand that the information they provide is speculative at best. However, recent times have seen a new addition to the gambling world in the shape of computer programs that claim to be able to analyse statistical information in order to provide a consistent list of potential winning opportunities.

The growth of the internet and the number of online betting facilities provided by major bookmakers has made the rise of computer-generated data almost inevitable but do these programs really offer insight analysis into sports events, or are they simply a modern-day equivalent to the charlatan services that have previously been offered elsewhere?

Somewhat surprisingly, there are actually a number of resources available that do deliver consistent results. The increased power of home computers and the presence of well-written programs that rely on mathematical data to offer selections have given many punters a distinct edge when it comes to placing bets. Computer-generated information can be processed in much shorter periods of time and to a certain degree, the guesswork associated with form analysis, trends and predictability have been replace with a solid framework of data that undoubtedly produces results. This has led to an increased number of potentially profitable betting opportunities that forego the tiresome practices of sitting over the dining room table armed with a notepad, pen and calculator.

Unfortunately, there is only a certain amount of information that these programs can generate with any consistency. Although form and performance can easily be factored into calculations, there are certain elements which can have a direct effect on wagers that a computer program will not be able to account for. Weather, team injuries and human error are just a few of the essential components that software will forego.

Over a sustained period of time, some of the best programs have been those that specialise in handicap betting. These particular resources have enjoyed unrivalled success in the American sports market, particularly in disciplines such as college football or basketball. Although these are sports that are not commonly wagered on within the UK, the accessibility of betting markets on the internet has seen an increasing number of punters looking ‘over the pond’ for profits and the use of computer-generated statistics has undoubtedly helped in the process of making effective selections.

Naturally, an increasing number of programs have become available that focus on the UK horse racing market and these have enjoyed varied levels of success. Many of these are simple to use and rely on downloadable content available from central servers that can update form and data within minutes. Unfortunately, the trial and error associated with these programs can often lead to significant losses before an effective option can be found. Although there is undoubtedly a place for sports software, betting enthusiasts are advised to only use them as a means of analysing information quickly. The fact that files can be so easily updated is also a massive benefit. However, these resources should rarely be used as virtual bibles and those who truly understand sports betting markets will still find that the human factor associated with most events will have a major effect on any potential outcome.

Michael Wilding

Michael started the Race Advisor in 2009 to help bettors become long-term profitable. After writing hundreds of articles I started to build software that contained my personal ratings. The Race Advisor has more factors for UK horse racing than any other site, and we pride ourselves on creating tools and strategies that are unique, and allow you to make a long-term profit without the need for tipsters. You can also check out my personal blog or my personal Instagram account.

3 Comments

  1. Hi Paul

    enjoyed reading your artical
    and agree in what you say in the ways a computer program can help us as regards
    speed of information turn around so i think your saying we should use the softwair
    as an extension of ourself hopefully the seasoned punter will tealise the program can not account for sudden change in going or if a trainer has been out of form for the last 14 days so this is were the human touch comes in so as long as novis and vetron punters alike remember these little details then the computer programs will be a big help to us
    in trying to make a profit.

    glen

  2. Personally I use computers for all my handicapping now. There is a strong argument for using them in terms of speed and quantity of races that can be analysed. Generally I think that the ROI is likely to go down for computer handicappers but that the amount of races that you can analyse in detail goes up significantly and you make up the loss of ROI in turnover.

    The best way to get into using computers is to start by short listing using software and then analysing the final contenders by hand. Then as you become more confident in the development process of strategies through computers you can slowly move this to find your contenders and just manually analyse betting structure before finally moving over completely.

  3. Nice article and agree with your points. I also rely on computer systems to place bets but I also like to double-check manually that the horse’s last couple of races were run accordingly i.e. slowly away from stalls, seeing the jockey didn’t really try to win the race (if it needs to improve on form to win) or was hampered enough to stop the horse from winning last time out.

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