Horse Racing Oracle is an automated betting bot that identifies and places bets on strong horse racing favourites.
Once set up, the bot runs continuously during racing hours and places bets automatically once the criteria for odds, ratings and form data has been met.
It works on a daily profit target basis, so once you have set how much profit you want it to aim for each day, there is no further input needed.
The vendor has been approved by Betfair, so the bot can easily be connected to a Betfair Exchange account to begin automating bets.
To set the daily target, you choose a percentage of your Betfair balance, which can be anything up to 2%. So for example, if you have a balance of £500 in your account and you choose 2%, you would be aiming to make £10 profit per day.
If, and it is a big if, the bot is able to achieve that, then this is an idea of what profits could look like each month using a £500 bank.
Grab a 21 day free trial of Horse Racing Oracle here
Unfortunately, I could not find any historical results to get a realistic idea of the past performance of the system.
However, I will be running an initial 60 day test to see how the bot performs in real-time.
I have been given access to a test Betfair account to use, so thankfully I don't have to risk my own money during testing.
The balance on the account when I started the bot was £265.71 and the daily profit target is set to 2%, so for the first day the target was £5.31.
I'm already a five days in to testing at the time of writing this introduction, so I can share a brief update of my results.
As you can see, my balance has increased up to £290.77, which is a profit of £25.06.
So far, so good!
It's not clear to me how the staking works at the moment, but I'm hoping it will become clearer after the bot has been running for longer.
I'll be back with an update at around the 30 day mark. According to the profit simulator, my balance could potentially be close to the £500 mark by then, if all goes well.
