We've finished the second month of our Jolly Lock Betscape review with a profit of £123.69, which now makes it a total profit of £233.04 overall.
When we have been checking the odds for potential bets, our first port of call has been Betfair as we are mostly interested in whether this service is profitable using an exchange rather than traditional bookies.
We were pleased to be able to place 23 out of the 30 bets on Betfair this month and with a quick filter of our results, we can see that the bets placed on the exchange have generated a profit of £384.29 so far. Impressive!
Key Stats - Update Two
|Number of Bets||30|
|Overall Bank Growth||23.3%|
|Bank (£1000 starting)||£1,233.04|
Results - Update Two
|Newton Abbot||2018-06-04T17:25||Clearly Capable||£27.00||8.40||Yes||No||-£27.00||£1,185.65|
|Ayr||2018-06-04T20:30||Braes Of Lochalsh||£27.00||4.50||No||No||-£27.00||£1,158.65|
|Newmarket||2018-06-09T16:50||Neverbeen To Paris||£28.00||3.40||Yes||No||-£28.00||£1,247.52|
|Windsor||2018-06-18T18:00||Tiar Na Nog||£26.00||3.10||Yes||Yes||£51.87||£1,190.39|
|Windsor||2018-06-25T19:10||Edge of the World||£28.00||3.90||Yes||No||-£28.00||£1,216.73|
|Beverley||2018-06-26T14:30||Make On Madam||£28.00||4.00||Yes||No||-£28.00||£1,176.35|
There's exciting news of an "Auto Bet" feature coming to the Betscape software, which we have been advised should be available very soon. We are going to continue our review so that we can see how this feature works and how much of a timesaver it turns out to be.
Jolly Lock Betscape Review: Update One
29th May 2018
It's time for an update to our Jolly Lock Betscape review as one month of testing the software has gone by already. So far we have placed 52 bets and although only 13 of them won, we did manage to finish the month with a profit of £109.35.
Our stakes started at £20 each which is 2% of our £1000 bank and they have been adjusted at £100 intervals, so for example if the bank had dipped by £100 down to £900 then the new stake would be adjusted to £19. The lowest stake has been £18 and the highest £27.
We did encounter an issue with the software duplicating some of our bets, which we think was caused by hitting enter twice by mistake. We found that it was a bit slow at times so it was easy to make the mistake of thinking you had forgotten to hit enter.
Unfortunately, there does not seem to be a way to delete a duplicate bet by yourself once it's there. We have removed them from our results spreadsheet as they were only actually placed once, but it has caused problems with the staking system.
The system updates the bet results automatically so if a duplicate bet has been entered as winning twice then the staking plan could end up being adjusted too high, which is what has happened in our case. It isn't a major problem at this stage but hopefully it is something the developers will fix in the near future.
Out of the 52 bets we placed, we were able to place 26 of them on Betfair and the rest at the regular bookies. We were pleased to see that the software takes the standard 5% Betfair commission into account automatically.
Key Stats - Update One
|Number of Bets||52|
|Overall Bank Growth||10.9%|
|Bank (£1000 starting)||£1,109.35|
Results - Update One
|Doncaster||2018-04-27T14:15||Call Out Loud||£20.00||4.50||Yes||No||-£20.00||£920.00|
|Windsor||2018-04-30T20:10||Gift of Raaj||£20.00||3.00||No||No||-£20.00||£944.00|
|Uttoxeter||2018-05-05T14:45||Present From Dubai||£18.00||3.25||No||No||-£18.00||£868.00|
|Roscommon||2018-05-08T18:40||Like An Open Book||£18.00||3.15||Yes||Yes||£36.77||£949.77|
|Market Rasen||2018-05-11T13:30||Ilewin Geez||£24.00||2.75||No||No||-£24.00||£1,008.71|
|Bath||2018-05-16T17:20||Dreams Of Glory||£26.00||5.80||Yes||No||-£26.00||£1,092.17|
|Navan||2018-05-19T15:05||Art Of Unity||£25.00||10.50||Yes||No||-£25.00||£1,014.91|
Although it has been a positive start to the review with a nice profit in the bank, we feel that the software has some niggling problems that need to be addressed. We haven't heard anything about the mobile app as of yet, but hopefully it won't be too much longer before this is released as it could make a real difference.
We will be back with another update next month.
Jolly Lock Betscape Review: Introduction
26th April 2018
We first came across Jolly Lock when they launched their virtual desktop designed to protect matched bettors against spying bookies. Since then they have been branching out to other areas of betting software and one of the latest to hit the market is the new horse racing tips software named Betscape.
Betscape has been under development by Steve, Jolly Lock's in-house mathematician, for the last 8 years. It is described as "a value betting algorithm that is proven mathematically to out perform any tipping service on the market".
The software constantly monitors the markets to identify value bets and posts any suitable tips every hour, 7 days a week. Every tip is posted to the Online Results Tracker where the available odds can be input and this keeps a useful log of profit/loss which can easily be exported to csv.
It can be used with either bookies or betting exchanges, which is a big plus point already. We are always on the lookout for betting systems that work on Betfair, so that we don't have to worry about bookies restricting our accounts.
It also comes with a unique staking system that claims to guarantee that you'll never bust your betting bank.
Despite being under development for a long time, the software is new to the market so there are just under two months of results to see on the website to date.
Since March, there has been a reported profit of 65 points at the advised odds, 56 points at Betfair SP and 80 points at Best Odds Guaranteed bookies. It's a great start but it's early days so we're interested to see how things go from here.
The software is currently available to try for free for the first 3 weeks and after that it costs £49.99 per month.
With the tips being generated on the tracker on an hourly basis, we need to come up with a reasonable way of checking for new tips. It's not going to be feasible for us to check every hour, so we will aim to check 2-3 times per day.
We have been informed that a mobile app is currently being beta tested and should be ready by the end of next week. This will include "One Touch Bet Placing Technology", which means members will receive a push notification when a new tip is available and they can choose whether to place the bet or not.
We will be following the stakes advised within the software, which are look to be starting at £20 each with a bank of £1000. This may be adjusted along the way, but we're not quite sure how the staking system works as of yet. We will post our first set of results back here in a month's time.