The Value Machine Review: Horse Racing Betting Software

We’ve reached the end of our review of The Value Machine software and we have had two out of three winning months, finishing with a total profit of 43.37 points at an excellent ROI of 19.1%.

Considering we have just been randomly picking out selections from the software using simple criteria, the results have been impressive and we will be awarding a pass.

It’s one of the easiest reviews we’ve had to do, as we could log on to the software anytime during the morning or afternoon, reload the races and a bunch of value bets would appear for us to choose from.

The software has been developed by Kieran Ward and it is based on the same selection process that he uses to find value bets for his tips service, Morning Value.

His tips service has proven to be so popular that liquidity could become an issue, so the benefit of this software is that it will find suitable selections throughout the day as the odds fluctuate, so there isn’t the issue of everyone piling on the same bets at the same time.

There is the option to adjust what range of odds you want to bet on, so if you prefer a high strike rate you could go for lower odds selections. You can also choose the bookies that you want to bet at. There are currently 21 bookies available to select/deselect in the settings.

Another feature is the “Max Selections / Race” which could be useful if you want to do some dutch betting, or just limit it to one horse per race.

Once you’ve picked your selections, you can add them to Today’s Bets and the results are recorded automatically. There are buttons to export the results from the software, either by copying, saving as CSV, XLS, PDF or printing.

Obviously, every user’s results will differ, depending on their chosen criteria and what time they log on to the software. We aimed to pick out an average of three selections per day between odds of 2.0 and 21.00 and tried to vary the odds of the selections if possible, so that we had a mixture of low/mid/high range odds.

We also recorded the selections at BSP and would have made a smaller profit of 11.66 points at an ROI of 5.1%. BSP results did dip back down into negative figures during the 3rd month before riding back up again.

We did experience some long losing streaks, with the longest being a sequence of 23 bets. We used a 100 point bank but depending on what odds you are betting at, you could alter this to a suitable size.

Pricing

The software is priced at £7 for 14 days and then £57 per month or £147 per quarter. At the time of writing this update, membership is currently closed but you can register your interest for when it is reopened.

Kieran's Morning Value service usually costs £400 per quarter, so using the Value Machine to select your own bets offers a great saving.

Summary

Well what can we say, we were fortunate enough to have been given a review copy of this software and we’ve been delighted with it. It’s easy to use, flexible and does what it was designed to do.

We made a couple of suggestions to improve the software such as being able to remove added selections from Today's Bets incase we had not been able to bet on them and also being able to alter the odds if they had increased whilst we were putting bets on. Kieran has been very open to feedback and these features were added to the software over the following weeks.

Every selection that comes up has been identified as a positive value bet using Kieran’s criteria. He claims to have made over £70,000 in profit to £50 stakes since 2011 using the same system, so he must be doing something right!

The Value Machine Review: Update Two

14th November 2016

We’re back with another update to our review of The Value Machine and we have carried on with the same settings in hope that we could achieve results as good as last month. Unfortunately, we ended month two with a small loss of 4.75 points, but we still have a profit of 35.75 points overall.

This month we picked out 80 selections, aiming for a maximum of three per day. 13 of them won giving us a strike rate of 16.3%.

We experienced a bad run of 23 losing bets, which set us back quite a bit, but bad runs are to be expected when betting on horses at high odds.

At Betfair SP we lost 18.73 points, which gives us an overall profit of 5.34 points since starting the review.

We'll return with our final set of results in a month's time. Hopefully with the bad run out of the way we can get back to making some money.

The Value Machine Review: Update One

9th October 2016

We’ve been testing the newly released Value Machine horse racing software over the last month and we’ve been extremely impressed with the results so far.

We picked out 60 selections throughout the month and 11 of them went on to win, giving us a profit of 40.5 points at the available odds with an ROI of 67.5%.

We’ve also been recording the results at Betfair SP odds and we are pleased to see that they have held up fairly well, returning a profit of 24.07 points with an ROI of 40.1%.

Since we started the review, there have been several useful improvements to the software. There have even been some suggestions of our own that have been implemented, which is great to see.

You can now opt to view selections either for races in the Afternoon, Evening or Both. You can also filter by the venue or specific race.

The software now includes odds for a lot more bookies – 21 in total so far but it’s possible that more will be added in the future.

We will continue testing the software using the same settings and will report back next month with our next set of results.

The Value Machine Review: Introduction

21st September 2016

We have been asked to review a copy of a brand new horse racing betting app called The Value Machine from Kieran who runs the long-established tipping service, Morning Value. The software using the same selection process as Morning Value and is designed to be able to scan several bookies for value bets throughout the day. It has a simple interface that is split into three tabs – Selections, Settings and Previous Results.

The Morning Value service has made a profit of 3542.81 points to level 1 point stakes over the last 5 years. Due to the success of the service, the amount of membership spaces had to be limited to protect the prices.

The great thing about this software is that it can be ran at any point during the day/evening and different selections will appear depending on the odds at that time. This means that there is room for more members as there isn't the problem of everyone trying to get the same bets on at once.

The Selections page is the where the value bets appear after pressing the “Run Value Machine” button. After placing the bets, you can then save them to the “Today’s Bets” section so that they won’t come up in any further scans.

The selections can be downloaded in a number of formats including CSV and PDF, or they can be copied or printed.

In the Settings tab you can adjust what filter what type of bets you want to include in the scans.

The Results tab lists all the previous bets that have been saved and shows the result of the race, as well as automatically keeping a tally of the profit/loss and running total.

The software is browser based so it will work on any platform. It is fairly basic at the moment, but more features are being developed, including adding more bookies so that there will be approximately 20 available to scan.

There are many ways to make use of it by altering the settings, for example you might want to only bet on short priced horses, or perhaps you like to dutch bet on several horses in the same race.

The software is priced at £7 for 14 days and then £57 per month or £147 per quarter.

We will be testing the software out over the next three months using minimum odds of 2.0 and maximum of 21.00. We’ll aim to pick three value bets each day and use level 1 point stakes.

We’ll report back next month with our first set of results.