Betfair Miracle- Final Review
BETFAIR MIRACLE – FINAL REVIEW
Rating: 




Hi Bloggers
Well before I start it is unlikely that I would ever give 5 stars to any system or service as far as I am concerned there is no such thing as a perfect system or service this is my own personal opinion and I would be happy if one day I was proved to be wrong but somehow I doubt it. But I believe there is some very good systems or services but you just have to really search for it and I believe this is one of them.
How do I rate Betfair Miracle simply put four stars out of five, why because it delivers what it says on the tin and that is why I recommend it. Will it make you a instant fortune No, will it make you steady profits without giving you high blood Yes, is it short term No , is it long term Yes. Now the regular blogger’s should know me by now I will obviously be backing this up with some facts and figures, also I want to say that the author provided good customer service and only one e-mail went a stray during the 90 day trial this was due to a main computer problem. Not that you actually need the e-mail but it is provided free for the 21 days once you buy the system along with spreadsheets.
Right on to the results for the whole of the trial which remember does not include Sunday betting for both Main and Bonus Selections we had the following: (Note all profits quoted are to 1 point level stakes and Betfair commission of 5% is deducted)
Selections 63, Winning Lays 58 = Strike Rate 92.06 %, Profit 29.17 points,
Return on Investment 46.30%, Average Price of Losing Lay (BFSP) 6.24
So was this a flash in the pan, lets look at the results from June 7th 2007 to the day before the review started December 28th 2009, now although past results cannot guarantee the future results at least we can see if there is consistency:
Selections 652, Winning Lays 594 = Strike Rate 91.07%, Profit 301.41 points,
Return on Investment 46.38%, Average Price of Losing Lay (BFSP) 5.51
As you can see there no really dramatic differences except for the average losing lay price is abit higher this to me indicates a stable system, the longest losing run since June 2007 has been 3 and this has happened twice so far, with 2 consecutive losers eight times. As for winning runs it has 9 with over 20 consecutive winning lays including a 59, 41 and a 40. During the review the longest losing run was 1 and the longest winning run 26.
Actually there is a several occasions when the Bonus selection is the same as the Main Selection and we could class these as Bankers they have the best strike rate and the best ROI and actually puts the normal Bonus only selections in its place as the worse performer. For this one I have enclosed the results from June 2007 to the end of the trial:
Banker Selections: 141, Winning Lays 133 = Strike Rate 94.3%, Profit 94.30 points
Return on Investment 66.90%, Average Price of Losing Lay 5.00 (BFSP).
Normal Bonus Selections 124, Winning Lays 108 = S/R 87.1%, Profit 20.84 points,
Return on Investment 16.80%, Average Price of Losing Lays 6.11 (BFSP).
Clearly which ever way you go with this system you should make steady consistent profits but I like to wring out every last percentage of a system and my adaptation of this method would be to back only the Main and Banker Selections this would also be an ideal approach for fixed liability staking say 5 or 10% of the Bank with short losing runs, long winning runs and a slightly reduced BFSP odds on your losing lays as shown below.
Main/Banker Selections: 591, Winning Lays 544 = Strike Rate 92.08%,
Profits 310.74 points, ROI 52.57%, Average Price of Losing Lay 5.39
Conclusion
Whether you decide to back all the selections which when taking in all results from June 2007 to-date would give you an average profit of 9.75 points per month with around 21 selections average for a month, or the Main/Banker ones which produced just over 17 selections a month with an average of 9.14 points the system appears to be solid. Now there has been some debate in the past about the author quoting profits to ISP and not to BFSP and not deducting Betfair commission unfortunately he is not the only one who does this, although it was pain and it took many hours for me to convert the figures it still does not distract from the fact that BFM is a good system. Although it is hard to give 100% accurate figures I have calculated that there is around 11.1 % difference between BFSP and ISP, so when you add the 5% deduction for BF commission you end with deducting 16.1% from the profits shown at ISP. If it was a case that the ISP prices was necessary to keep the system in profit then I would have had serious doubts but as can be seen from previous quoted figures in this review which were to BFSP and commission deducted, they are very respectable.
I have seen on another site that they questioned about BFM betting on a Sunday and that the results for the system must have been bad so they did not include them, the answer lies in the fact that on Sundays there is limited information on each race on the RP website and this system uses the RP Basic membership, it is unwise to bet if you do not have all the info. For those who work during the day you can use a Bot to place the selections, if you do not you will have to check the Bookies odds just before the off to see whether the selection is a bet or not then lay with Betfair. So apart from having to be around near the time of a selections race or use a Bot the only other downside is subscribing to the Racing Post basic membership but there are a lot of systems using this so it just breaks down the cost if you add this one. The system the last time I looked a couple of days ago is available at 67 pounds which I think this is good value as the system seems to have sensible rules which should be relevant for quite a while, would I use BFM yes I fully intend to add this to a small but select portfolio of mine
Rating: 




Passed and Recommended!
Regards
Sgt Dave
Written by on Apr 7th, 2010. Comment.
Go on! Have your say!





Comments on Betfair Miracle- Final Review
Does anyone have an update on Betfair Miracle for 2011? The sales page has it 46 points up for 2011 just wondering how accurate this was as people have metioned three losing months in a row.
I’ve changed my settings as people advised and it’s still going down the toilet. Three losers today and May is down eight points. For me, March, April and now May have been losing months. Bye bye, BFM, while I still have some bank.
@Review Manager:
I’ll change my settings to see if this helps, but I’m less than happy that the system authors have failed to give this in the manual. I now no longer believe their figures, as mine are showing losses for both March and April based on the rules as they give them. As an aside, I disagree that Betfair prices are 15 – 20% higher – they may be slightly higher but not by that amount, especially at 1 sec before the scheduled start.
hi dave i totally agree with your figures , i personally use a bot set at 4.3 to 10 , 10 seconds before off . i think betfair miracle is the only system that i have bought which is still making money but its biggest drawback is that it is a laying service which relys on checking the back price on a site where you cannot place your bet .
personally i believe this rule is there to purely raise doubts about whether results are correct , as i am sure everyone would agree it would be so much easier to use fixed betfair laying prices .
regards
mike
@ Dave:
Yes your figures are wrong you cannot simply convert Bookmaker prices into Betfair prices as is commonly known Betfair odds are around 15 to 20% higher than bookmakers on average so when calculating your Betfair Prices you should factor this equation in,. I first posted the figures of 4.50 to 11.00 on April 30th 2010 these were the ones recommended by the author of BFM to use on bots, i posted this figure several times the last one being on September 3rd 2010. So you have to look at your live betting on the Sporting Life website to get the industry (Bookmakers ) odds and if it qualifies on the criteria over 3/1 (4.00) upto 8/1 (9.00) literally just before the off you then place your bets on Betfair . Now of course not everyone can follow the live market so you would set your bots to lay at 4.5 to 11.00 around 1 second before the off if your software allows this amount of time. I hope this clarifies everything.
Regards
RM Dave
@Review Manager:
I’ve got my bot set to make the bets at 1 second before the scheduled off and between the odds of 4.01 and 9.0. I get the e-mail notifications of the selections so there shouldn’t be any issue there.
“Placing bets
We are only interested in the horses on the shortlist that go off at an industry starting price (SP) of GREATER THAN 3/1, up to a maximum 8/1″.
I’d be interested to see why you think my figures are wrong.
Hi Bloggers
The actual loss for Betfair Miracle for March is 3.18 points and not 10 points as indicated by Constable Dave, the loss for April is in fact minus 4.61 points but along way left in the month yet. Constable Dave you are not taking into consideration the final rule about odds you claimed 6 losers in your posting on March 9th when in fact there was only 4.
Just a heads up i will be posting the update for Betfair Miracle for the last 12 months since my review ended and although it did not do as well as i hoped it certainly made a profit and any of you who are trying to knock the system are backing a loser. No system or service can produce winning totals month after month but this one has been monitored by me for nearly 15 months and has certainly proved itself over a period of time and is still very much worth its 4 star rating and probably would have achieved 4.5 if it was not for Michael’s Place Lay Formula.
Regards
RM Dave
Miracle update.
March finished with a 10 pt loss. April has started with a loser and is 3 pts down.
Good luck Dave, it would be interesting to hear how you get on.
Cheers,
Admin Gordon
@BST Admin:
For £17, I bought the Betting Scalper software, though, for various reasons, I’ve not used it to place any bets yet. The way it works is that it scans for arb opps between a list of bookies and BF and lists any that it finds. If you click on an arb, it opens two windows, one for the bookie and one for BF, on the selection and gives you the amount you need to enter for your stake. It does seem to work, but, as I say, I’ve not taken the final step yet of placing the bets.
Hi Dave,
My apologies, the question was confusing, Betting Scalper when Googled takes you to Bettingscalper.com, and I thought the reference to 100% winners suggested it had never lost!
I have now taken a look at 100percentwinners.com and this particular software has not been released yet. However, having had a look at the sales page, and had the similar problems escaping from it, I am confident that all the comments regarding the Bettingscalper apply to this one as well, just a bit more money to buy and a monthly fee for your guaranteed fortune. We all know how notoriously difficult it is to find Arbs, yet the 100percentwinners software is claimed to have found over 1800 last week alone!!
Reference the bettingscalper, on the sales page, and I quote “Betting scalper instantly scans the betting exchanges for scalping opportunities 24/7 day and night, even when you are sleeping, and bets the exact amount on each one that guarantees you a profit” Now that suggests to me a fully automated piece of software that is doing everything for you. If that is not the case then it is totally misleading and yet another negative! Must have a loud siren to wake you up in the middle of the night to place the bets then, as it is no good waiting until morning! In my (limited) experience if you are lucky enough to find an Arb, the window of opportunity is usually very small indeed.
At the end of the day, you simply cannot buy your way to untold riches for a 100 quid and 13 quid a month, remember the saying, “if it looks like an elephant, smells like an elephant and sounds like an elephant, it probably is an elephant!”
We shall see.
Cheers,
Admin Gordon
@BST Admin:
You’ve got the wrong software. 100percentwinners is $149.95 plus $19.99 per month. The one you’re talking about, Betting Scalper, doesn’t place the bets, but opens arbs in two windows for you to enter your amounts, which is probably what 100% does. Betting Scalper looks at the racing markets, while the screenshots for 100% seem to show it scanning the tennis and the football.
@BST Admin:
Absolutely classic Gordon! F%%&%g Hilarious!
Hi Paul,
OK, lets just have a little look to see what we have got here with the “new”? betting scalper.
I have just Googled it, and went to the sales page. What do we find?
Well, quite simply a piece of software that has made the various people that have supplied testimonials an average of around £30,000 per month!!
WOW! So what is this going to cost you? A stonking £27!! But wait! If you try to leave without buying, you are offered the software for FREE! Brilliant, just enter your email address to get your copy. What happens when you do that? You are simply redirected to the sales page, they have got your email address, you have got nothing! Now when you try to leave the sales page a second time, wait! Now you can have this fantastic piece of software for just £17!!
So there you have it, a piece of software that runs 24/7 all on its own placing your bets for you, will make you £30,000 per month and available for the princely sum of just £17, what are you waiting for!!??
Have you heard the one about Goldilocks and the 3 bears?………….
Cheers,
Admin Gordon
has anyone tried or reviewed the new betting scalper arb , 100% winners
Hi Bloggers
Just to update you i have the results for Betfair Miracle from the 1st December 2010 to-date so far for this period the system has made a profit of 30.59 points here is the breakdown by month:
December 9 selections/9 winning lays p/l +8.55 points
January 21 selections/19 winning lays p/l +7.65 points
February 29 selections/28 winning lays p/l + 20.12 points
March 20 selections/16 winning lays p/l minus 5.73 points
Totals 79 selections /72 winning lays = Strike Rate 91.15%
There was 6 losing lays in March but 2 of these did not qualify due to the odds rule so there was only 4 losing lays in March but as it had 3 winning months on the trot and a extremely good February one would expect it to hit a few losers. In 2010 the system made a profit it had a few bad months April being one of them which of course was just after the review had finished but it bounced back, so the system is still going strong. Like all system and services it has good and bad spells but it has alot more of the former than the latter.
Regards
RM Dave
Oops! 6 losers out of 12 and a 25 point loss recently. Not good.
@mike:
Hi Mike,
New smart phones include a type of always on technology. It would only take someone in the right place at the right time to sniff the packets your phone is sending out and it could be game over.
Same principle applies for using internet banking on a wireless network, not a good idea. All your information regardlees if it is encrypted or not gets sent through the air. All you have to do is sniff the packets as their called and i can get access to your phone and you wont even know about it.
I had issues getting internet access from home last week, BT stated there were heavy users in my area that were robbing me of my normal very high speed.
I connected to the network and turned off everyone elses internet connection leaving me to enjoy my own personal super fast broadband. All of these accounts were security protected but yet it only took me 30 seconds or so to get in and out.
Regards
Sgt Ian
hi ian id be interested to hear more on your views of mobile betting , i always use i bet mate to place my bets by phone ,without incident so far but not so confident now ???
regards
mike
Oh, dear. It looks like the wheels are falling off this at the moment. After a very good run, it’s had four losing bets out of the last eight and is over 13 points down in March. Strike rate this year is down to 88%. Still in profit over the year, but it’s hitting a really sticky patch.