Betfair Trader Bot is a horse racing trading bot for Betfair created by Glen Campbell. It follows a somewhat unique method of staking to generate profits.
What does the product offer?
According to the creator of Betfair Trader Bot, this is a piece of Betfair trading software that is able to automatically place bets for you with a view to ultimately profiting. Betfair Trader Bot places 3 bets per day on your behalf with staking dependent on the option you sign up for (I shall explain this later) and which system you are using. Essentially Glen Campbell says that Betfair Trader Bot makes calculated risks in order to turn a profit for customers. It is worth noting at this point that Betfair Trader Bot requires an account through Market Feeder Pro in order to use.
How does the product work?
This isn’t fully explored and due to English being the creators second language, nor is it well explained. The selection process isn’t covered at all but from what I can gather the majority of Betfair Trader Bot’s profits come from its staking system. This involves the system choosing 3 races then placing multiple bets, increasing your stake by 50% each time.
What is the initial investment?
First and foremost there is a 14 day free trial for Betfair Trader Bot which Glen Campbell encourages users to take full advantage of. After this there are a number of options available when purchasing Betfair Trader Bot, all of which act in the same way but are dependent on your initial investment. I shall break these down below:
Maximum Bank Cost per 30 days
750 points £39
1500 points £69
2250 points £99
3000 points £129
4500 points £159
6000 points £189
Unlimited £279
As well as these costs there will also be a fee of around £14 per month for Market Feeder Pro. It is worth also noting that there is no money back guarantee in place.
What is the rate of return?
At the time of writing Betfair Trader Bot is claiming a profit of £739.29 since the start of August. This is based on a betting bank of £1500.
Conclusion
Judging Betfair Trader Bot is a rather difficult thing to do as the creator clearly has English as a second language. From what I can see there is some definite potential in Betfair Trader Bot although whether or not it will justify the costs involved remains to be seen. This is somewhat negated by the free trial which is probably worth looking at however I would ultimately exercise caution with Betfair Trader Bot.
