Place Bet Profits Auto is a software based, horse racing betting system created by Nigel Dove of The Bot Depot that claims to offer users a fully automated Betfair betting solution.
What does the product offer?
Place Bet Profits Auto comes as a downloadable piece of software that utilises a specific betting system to automatically trade on Betfair on your behalf. Although it does come preloaded with a reasonably successful system, Place Bet Profits Auto also comes with a number of options that allow you to customise and modify the parameters. Regardless of whether you are using the built in system or your own, you can also choose to manually place bets as well as having them happen automatically.
As you can probably imagine from the name, all bets that are placed are advised as place bets. Place Bet Profits Auto is linked directly to your Betfair account and is fully compliant with their terms etc. The system that Nigel Dove has chosen to implement with Place Bet Profits Auto is based on one created by the Lucrative Racing Trust.
The system has a claimed strike rate of around 75% (which is fully proofed) with a number of staking plans that you can implement. These range from choosing the amount you want to profit to compounded staking plans.
How does the product work?
The built in system from the Lucrative Racing Trust that Place Bet Profits Auto uses follows a very specific set of rules that it uses to identify bets.
A race has to have less than 15 runners, the horse must be a clear favourite (Place Bet Profits Auto recommends a 2.0 point lead in odds compared to the next favourite), the horse should be running within 30 days of its last race during which it should have ran well and finally the going and distance should be similar.
What is the initial investment?
Access to Place Bet Profits Auto is relatively well priced at just £79 per year. This also comes with a 10 day money back guarantee which seems to be managed directly by the vendors although it is advertised as no questions asked.
What is the rate of return?
The manual system that Place Bet Profits Auto is based upon produced an average profit of £4,773.43 per year over 4 years. This was starting out with just a £500 bankroll and using a 2% compound staking plan.
Conclusion
There are plenty of products out there that are designed to trade around various systems but Place Bet Profits Auto seems to be one of the better options that I have looked at.
The system itself is pretty sound and is available to look at in its entirety which would allow you to trial it on paper first (although that is a time consuming option compared to simply buying Place Bet Profits Auto and trying it for the 10 day guarantee).
Whilst I wouldn’t like to say that Place Bet Profits Auto is going to make a substantial income for you I can see how it could be used to provide a pretty consistent second revenue stream.
