Anyone used betfair bots?

[sportsbetwin]

Anyone with experience using automated bots at BetFair (or anywhere else?).

I am thinking about trialling an automated soccer laying service which also has an automated trading out option.

Who has used bots?

How do the bots allocate lays when there is not enough liquidity?

Apart from the obvious what risks are there?

[sportsbetwin]

C'mon - i know this forum is American skewed - but no one here has used a betfair automated betting service????

or don't you want to share?

[Mudcat]

No I have not

[Dunder]

I have my own bot which I use on Betfair.

The ´off the shelf´ bots that I see are not ´smart´enough to account for low liquidity and will simply trade up to the exposure limit that is set (by you) for that market and ´assume´ that it is possible to square up/trade out prior to kick-off.

The biggest issue with this type of bot is that they are ´blind´to anything else but the Betfair market in question. The more intuitive/sophisticated ones that are in use now can also take account of moves in bookies odds and related Betfair markets.