RPM Bot Strategy #1: Finding high-priced winners
June 29th, 2025 at 09:45pm
Today I’m taking a look at the RPM Bot. I explain how it tracks and measures price movements in horse racing markets over time, and how this can be used to find winners at some very nice prices.
Today’s strategy looks at horses which the market has overlooked paying 8.00 to 10.00
In the next RPM Bot video I will be looking at another strategy which has been performing even better!
Samuel
Entry Filed under: Adventures In Betting
4 Comments Add your own
1. dougmac | June 30th, 2025 at 2:40 pm
Great video Samuel;have bitten the bullet and purchased.Note you are betting on the trots;are they that profitable? Thanks Doug.
2. Samuel | June 30th, 2025 at 6:00 pm
Hi Doug,
Good to hear from you. Hope you’re well.
The strike rate for harness racing is a little bit lower than for the gallops but still quite acceptable for the prices on offer. I’ve quickly run the numbers from last week across Australia and New Zealand (ignoring other countries as Betfair doesn’t offer harness racing in other countries so comparing them would make less sense).
Gallops: 9 wins from 69 selections (13.04% strike rate) with average winning price of 8.67
Harness: 5 wins from 50 selections (10% strike rate) with average winning price of 9.48
The better price seems to make up for the lower strike rate, but I could certainly see an argument for excluding harness. You can always untick the “Allow Harness” box if you don’t want to bet on the trots.
Incidentally, last week the bot did not select any horses in New Zealand harness racing. It’s possible no horses met the price and movement criteria. I’d have to dive deeply into the log files to figure that out. It’s more likely that races didn’t meet the minimum matched amount requirement as NZ harness races have very poor liquidity on Betfair most of the time.
3. dougmac | June 30th, 2025 at 7:30 pm
Thanks Samuel,will give harness a miss.First 2 bets today both won and Alice Springs Race 3 winner must have been awfully close to being a bet.
4. Samuel | July 1st, 2025 at 5:17 am
For me, it was. Alice Springs Race 3, 4. Vitesse Breeze backed at a price of 8.00.
The bot log shows me prices at the various timepoints of 7.20, 7.00, 6.80, 6.20, 6.60, 7.60. Then at bet time it was 8.00 which made it all red and within the price range so the bet was placed.
Given it was right on the minimum price for this strategy, a few milliseconds of difference could have resulted in the price at the time a bot was checking being just a touch under and deemed ineligible.
It looks like it probably drifted further by the jump because the BSP ended up being 9.96. Best tote was 6.90 (Ubet) and official SP was 7.00, again showing the significant gap often seen between Betfair and others.
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