WARNING DO NOT UNDER ANY CIRCUMSTANCE RUN MORE THAN ONE VERSION OF THE GREY HORSE BOT ON THE SAME MARKET.

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1 This document and all the contents are. No part of this may be reproduced in any form without prior written consent. Disclaimer Neither Sporting Bots Limited, nor anyone associated with Sporting Bots Limited accepts any responsibility whatsoever for any loss that may be sustained as a result of the use (or misuse) of, irrespective of how that loss might be sustained. Sporting Bots Limited does not guarantee winnings and cannot be held liable for losses resulting from the use of information obtained from within this document or sites, or use of The Grey Horse Bot. Warning Betting can be very risky and users should only speculate with money that they can comfortably afford to lose, and should ensure that the risks involved are fully understood, seeking advice if necessary. WARNING DO NOT UNDER ANY CIRCUMSTANCE RUN MORE THAN ONE VERSION OF THE GREY HORSE BOT ON THE SAME MARKET. THIS COULD CONFUSE THE BOT AND CAUSE UNUSUAL BETTING PATTERNS YOU HAVE BEEN WARNED. You can run 2 versions on different markets to do this make two or more separate copies of the whole folder. Do not run two bots from the same folder. Please read the terms and conditions Page 1 of 32

2 Downloading the Grey Horse Bot (GHB) is packaged in an automated installer; once the setup file has been downloaded the program will install itself and a shortcut onto your pc. I suggest you click Save, and download it to your desktop - you will find it easy then. Once the download is completed, look on your desktop for a file called grey-horse-bot****- setup Page 2 of 32

3 When you find the file, double click the setup icon and you will first be presented with a GHB splash screen and then the installer options Hit the next button and you will be presented with the terms and conditions as shown below You must agree to these terms and conditions for the GHB to install on your pc, once you have ticked I agree hit the next button Page 3 of 32

4 You will then be presented with the screen below; we recommend that you install the GHB to the path shown on the screen GHB will then install and automatically run the release notes pdf You will also be presented with the below screen Click next to finalize the installation, GHB will then launch on your pc. Page 4 of 32

5 The installer will automatically add a GHB launch icon to your desktop and windows program menu as shown below Desktop Icon Start Menu And that s it, this installer is also vista friendly so will eliminate some of the tedious security settings changes that were required with previous versions of GHB. The GHB can be run from both the shortcut on your desktop or the start menu and will be fully functional. - For our users who wish to use multiple copies of the bot We have this question asked a lot and yes you can have multiple copies of GHB on one machine but there are a few factors to consider first is the factor that you can only ever have one copy of GHB using excel staking on any one machine and trying to use it with 2 will cause complications so only do this at your own risk, secondly you will need to adjust api limiter to ensure you do not surpass 20 api calls per second otherwise betfair will apply additional charges to your account for the additional bandwidth you are using, and thirdly do not use GHB with the same username on the same market as this also will cause problems as GHB monitors your account and if one races loses on one copy and another is using that same market both will attempt to perform any loss recovery you have in place and this can lead to heavy losses and erratic bets. So now we have covered off what things you should consider before having 2 copies lets look at how to set them up. First locate your install of GHB, if you used or installer package without changing the default target directory then you will find it under C:\ (Or whatever drive is your windows drive) Program Files\GreyHorse Bot\ Folder should look like this Once you ve clicked into the directory the address bar should look something like this Now at this point just have a quick check that all the following files are present, Page 5 of 32

6 Once your happy its all there lets get ready to copy the files to create a new copy of GHB (please remember which directory is the original as the uninstaller will only work from the original location) So now press Ctrl + A (or select Edit > Select All from the menu) and windows will select all the file (see below) Then press Ctrl + C (or select Edit > Copy from the menu) now open another copy of my computer Now open up which ever drive you wish to copy to and then select File > New > Folder, now you will have a new directory please go ahead and name it as you wish so you know what it is and where it is. Once that s done just open the folder then press Ctrl + V (or select Edit > Paste) now all the files will copy over and you can now run the bot from its new location. Page 6 of 32

7 Using the Grey Horse Bot (GHB) Welcome to the GHB quick start guide, this manual will take you through the basics and getting set up using the core functions. The first thing you will encounter after loading the bot is the main screen Your version will not have any races yet. Now go to Action (left hand top of your screen) and Login. Page 7 of 32

8 This is your Betfair Username and Password, the same ones that you use to log into Betfair. (You also now have to confirm you have read and understand our terms and conditions) If this is the first time you have used the Grey Horse bot you may get this error. INVALID_USER_ID or INVALID_VENDOR_SOFTWARE_ID If you do, please do not panic. It can take up to 24hrs for your betfair username to be added to their API (sometimes longer at weekends). You will get this error until your username has been added. If you have used the bot before and come back as a subscriber you may get Unauthorised Login Once you have successfully logged in a statement will appear in the bottom left of the main window Betfair API hit counter You may notice that when you log in this begins to change number values, this is a new feature we have included in the bot to count the number of calls it makes to the betfair API. Some of you may be aware that betfair are making some changes to their charging structure to people who make high numbers of hits to the website over a short period of time. The hit counter shows current hits on the left hand side and the maximum hits in 1 second per session on the right hand side Betfair s set limit for the charge is over 20 hits per second, we have now included a limiter on the options screen that allows the bot to reschedule non-essential API calls to allow the bot to perform the more complicated functions whilst staying within the limit. Page 8 of 32

9 As you can see here this can be set to whatever you wish to use, please remember that if you are using multiple bots on one username you will need to calculate the usage of each bot together. PLEASE NOTE Thorough testing of the API hit counter has shown that it stays within betfair limits for the majority of bot functions, however we have found that it can sometimes hit over 20 times per second during trading in play with under 2 bets The GHB has two modes (at the moment) Manual and Automatic. Manual mode allows you to choose the races and runners that you want to bet, where as Automatic will allow you to set a range of parameters that the bot follows. You still have to select the races in Automatic mode. So first you have to decide which mode you want the GHB to be in. To do this, go to Action > Bot Configuration. Below is the screen you will see. Page 9 of 32

10 For the moment I would turn everything on (tick each box) and pick what mode you want to use the GHB in. Once you have applied your settings you will be prompted to restart the bot At this stage the GHB will ask you if you: Just choose No because you have no session information yet You can tell at anytime what mode the bot is working in by looking at the top in the blue area of the GHB. Manual Automatic. Page 10 of 32

11 Next we need to look at the options that do not change whether you are in Manual or Automatic mode. The screen you get will look similar to this. We will start at top left and then work our way left to right through each option available above the Auto and Manual tabs. The GHB looks at many of these options constantly when it is started. If you decide to change them during live mode then you must click ok for them to take effect. If you can it is best to quickly stop and restart the bot as well, but only if this is in between racing or trading. Again these are going to be quick descriptions just to get you going. Please read the full manual or the videos for more details of each. Page 11 of 32

12 Username - Stores your Betfair/Betdaq username. Greyhounds/Horse/Footy/Tennis/Cricket/Snooker/Rugby/American Football Select which market you are going to bet on. Max API Rate As mentioned above this limits the amount of calls per second the GHB can make to the API Live Trading This means the bot will be placing bets for real so be careful. Paper Trading The bot will only pretend to bet, this best when you are first starting out. Options Tabs Stop Profit/Loss Tab Stop at Profit Bot will stop when it reaches or passes this figure. Set as a normal figure, so 5.00 will mean the bot stops if your profit reaches or passes 5.00 Stop at Loss - Bot will stop when it reaches or passes this figure. This must be a minus figure. So will stop the bot if you lose 5.00 or more PL stop based on bank % - Bot will use the stop at profit/loss boxes as a percentage of your current bank Continuous Profit - Ticking this box will automatically reset your profit limit when reached to allow for continuous betting throughout the day. Stop at bank profit/loss - The bank balance profit/loss stop allows you to set a specific bank figure for the bot to stop betting at. Stop after (Wins) - Bot will stop when it reaches this figure. Do not set to 0 or the bot will stop straight away. If you want to stop after 1 win the set to 1. Set to 999 if you do not want to use this option. Stop after (Losses) - Bot will stop when it reaches this figure. Do not set to 0 or the bot will stop straight away. If you want to stop after 1 win the set to 1. Set to 999 if you do not want to use this option. Out of sequence This tells the bot to count your stop after wins/losses not in consecutive order, this can work independently for wins or losses Stop (number of races) Ignore this for now and leave at 0. See the main manual for a description. Page 12 of 32

13 Continue to paper trade after threshold reached This tells the GHB to switch to paper trade mode after your stop/loss limit is reached Stop profit/loss notes Just a couple of things... Please remember that the stop/loss works when you hit or pass your target. The GHB does not work out what your next bet is going to be and then stops, if it means you will go over these targets. The bot keeps running until any of these targets are met. Staking Tab THIS OPTION IS NOW DISABLED TO COMPLY WITH THE GAMBLING COMMISION LAWS. PLEASE SEE MEMBERS AREA TO ACTIVATE THIS FEATURE AND FOR FURTHER DETAILS: Use excel staking - Leave this disabled for now, please read the excel staking document for info: Staking (0 disabled) 1 This means all your losses will be put on to the next bet. 2 or above means it will split your losses by the number you choose and try to make it back over the same amount of races. So if you choose 3 the GHB will split your losses by 3 and stake that same amount over 3 races. If you lose during this time the GHB will recalculate your loses again. Maximum staking tries - This allows you to set a maximum limit to the amount of losses GHB will take while trying to recover losses. Once this limit has been hit GHB will return to your normal stake. To disable this feature set it to 99 Max staking value - This option was conceived to be an added safety blanket when using the standard loss recovery options. And allows you to specify as value that you wish to be your maximum limit when staking. Leave out normal stake during staking - Exactly what it says, do not include your normal stake if you are having to use the staking plan after a loss. Add betfair commission in stake The GHB will work out your approx commission and add it to your stake. Carry forward losses keep this un-ticked for now and see the manual for more information Ignore races if P/L not settled. This simply cancels the race if the result from the one before has not been updated by betfair. This is important if you are using staking. Page 13 of 32

14 Use inferred winner - The inferred winner feature extends the ignore race if PL not settled option and forces settlement of the market which is calculated by the bot based on what we call inferred winner. The bot will predict the winner of the race at suspension and once the market is closed for more than a certain time with no settlement GHB will calculate the PL and settle the market *PLEASE NOTE* The inferred winner option will only apply to UK win markets that feature in running bets. Use of the function on the staking tab confirms that you agree to the additional terms and conditions of the staking feature Trading tab Enabled Trading Tick this to tell the GHB to try to trade out of any bet. Please see the manual or my videos for more information about this feature. Keep this un-ticked at the moment. Session tab Session bank - Using a session bank allows you to segregate a section of your betfair balance to be used in the current betting session. So for example: Let s say that you have 1000 in your betfair UK wallet.. and want to bet to a percentage of bank but do not wish to use the whole back. Setting a live session bank figure of 500 will allow you to use half of your current bank as a figure to work with. This also will act as your paper trading bank automatically in paper trading mode Start betting TTS(sec) before start This is when the bot should start looking at the market to place a bet. This is the advertised off on betfair. So 60 would mean start looking at the market 60 seconds before the advertised off time. Page 14 of 32

15 Check odds only once leave off for now see manual for more details. Stop betting TTS before start- leave off for now see manual for more details. Paper trading bank - This feature allows you to set a paper trading bank figure, which will update just like your real betfair bank when paper trading, this figure will be carried over to new sessions to allow you to continue testing a strategy on a rolling bank. You can use this feature in exactly the same way as live mode which allows you to use - Rolling stake % of bank - Rolling liability % of bank - Staking When you switch back over to live mode the live bank will update with your true bank when you press the start button. In-play tab Go in running if not matched if you tick this then the bot will continue in- running (when available) to try and place your bet. Wait before betting in running- Is connected to in-play and just waits a moment for prices to settle down before trying to make a bet. Stop betting TAS (Inplay) Tells the GHB to stop attempting to place a bet in the market at your set value after the start of the race. Ladder Stakes tab Here you can set a different stake depending on the odds of your selection. Leave this turned for now see manual for more details. Page 15 of 32

16 Dutching tab This tab is the master liability and target profit controls for the new dutching feature. This is the name most commonly used for splitting a set liability between a number of ranked runners in order of Runner 1 matched at 3.00 = 0.46 Runner 2 matched at 4.90 = 0.28 Runner 3 matched at 5.00 = 0.26 For in depth information about the dutching feature please see the full manual Non runners tab Number of runners Here you can tell the GHB to bet only if the total number of runners in a race is over or under a certain figure or within a range, you can also use this for manual mode There are various options for excluding non-runners, please see main manual for details Now we will look at the options for Auto and Manual mode starting with Auto Mode. Page 16 of 32

17 Horse Forms *Please note that this function is only available for Horse Racing and in the UK/IRE markets This feature allows you to set betting conditions based around certain aspects of form data that can be pulled out of the API. The bot will then apply these conditions once it reaches your start betting TTS. For in depth information about the horse forms feature please see the full manual Auto Mode settings. In Auto mode you are setting the bot up to select runners purely based on the criteria that you have set so it is imperative that you are sure about your settings. Auto select mode has the back and lay options on separate tabs, this is because you can now set the GHB to back and lay independently on the same market based on specific odds trigger ranges Here is an example of how this can work Lets say that you want to back and lay on the same market Back a selection if it falls into odds range And lay a selection if it falls into odds range GHB can now place bets in this way governed by your odds trigger ranges. Page 17 of 32

18 So if we receive a match on a runner at 2.5 GHB will lay that runner or runners, it will then continue to scan the back side of the market for a match at 6.5 (or whatever is within your odds range) However this function will not back and lay the same runner on that market. This is a feature that was suggested to us many times and after some research we have found it could be very useful. Although this somewhat complicates the basic back and lay settings, it can be set to either back or lay only back ticking the back or lay boxes as shown below The settings for each of these tabs are identical, one reflects back settings and the other reflects lay settings.. Stake This is the amount you want to bet no matter what odds. If you put 5 in the box and the odds were 2.95 (lay), your liability would be: (2.95-1) X 5 = 9.75 Liability Your stake is worked out on the odds on offer: If you put in the box that your maximum liability is 10, and the odds on offer were 2.95, then your stake would be 10 / (2.95-1) = Liability Percent of Bank- This function enables you to limit your liability on the lay bets to a percentage of your current bank Stake Percent of Bank - The bot will take your current bank and divide it by the % you have used. Please remember that we advise you stick to minimum bet rule of 2 however you can place bets at a value you wish, we recommend that you place at a minimum of 0.10p Target Profit - This setting allows to to set a target profit figure and the bot will calculate your stake based on the figure entered. This works in 2 different ways depending on weather you are backing or laying Ladder Stakes (See earlier in the manual) for those of you that prefer to stake according to the odds you now can. This option is pretty limitless and will allow you to have a stake for just about as many odd ranges as you like. Please Note one thing here. Please overlap odds. Odds Trigger range - You can set a low (left hand box) and high (right hand box) odds range. This means the GHB will only try to place a bet/lay when one of the traps is between these prices. Make sure you have the Best Odds box ticked for this to work. The Trigger range is also used in conjunction with the Ladder Stakes. Page 18 of 32

19 Odds type Best see above, this needs to be ticked to make the trigger range work. Reverse -Ask for the odds on the opposite side of you bet. So if you are backing you will be asking for the odds available on the lay side. SP This feature involves making use of the new Betfair SP for inplay betting we recommend that you leave this off for now and see the main manual for further instruction Custom (previously actual odds)- This is different to the trigger range. If Best odds is unticked, then the bot will only place a back/lay if it can get a match to the exact odds entered in the box below Sum of odds This feature can instruct the GHB to bet only if the combined odds on your selected runners reaches or exceeds a certain figure, we recommend that you leave this as it is for now and see the main manual for further instruction There are other tabs available here but we recommend that you check the manual before turning these on General Tab Back/Lay all runners within price range If you tick this option then the GHB will bet on any runner (this could be multiple runners) in a race that meets your criteria. Bet by rank This function replaces the or use option that we was included up until v and allows you to back/lay up to 6 runners in 1 race by ranked odds This can be done in 2 ways 1) st nd Using the default option as shown above will place a bet on the 1 and 2 best ranked runners based on your master odds trigger range. Page 19 of 32

20 2) Double clicking on the default box will allow you to set specific odds triggers for each individual runner For more information about the remaining features in the area please refer to the full manual or the online help pages as these contain video tutorials Manual Mode settings The settings you will see in the options screen for manual select mode will be far fewer than those in the auto mode screens; this is because in manual select mode, most of the decisions for bet placement are left up to you. The bot will automatically place the bets however you need to specifically tell it what to bet on. This is particularly useful if you are following tipsters or generating selections for your own or a purchased system. Back / Lay Only: In order to speed up the time it takes to set the GHB up in Manual Mode we have added these options for pre-set configuration. So in the case above when you add a race (see later) it will automatically be pre-filled with the settings you establish here. When selecting a runner it will also automatically highlight it as a back or lay depending what you have set on this option Page 20 of 32

21 Stake This is the amount you want to bet no matter what odds. If you put 5 in the box and the odds were 2.95 (lay), your liability would be: (2.95-1) X 5 = 9.75 Liability Your stake is worked out on the odds on offer: If you put in the box that your maximum liability is 10, and the odds on offer were 2.95, then your stake would be 10 / (2.95-1) = Liability Percent of Bank- This function enables you to limit your liability on the lay bets to a percentage of your current bank Stake Percent of Bank - The bot will take your current bank and divide it by the % you have used. Please remember that we advise you stick to minimum bet rule of 2 however you can place bets at a value you wish, we recommend that you place at a minimum of 0.10p Target Profit - This setting allows to to set a target profit figure and the bot will calculate your stake based on the figure entered. This works in 2 different ways depending on weather you are backing or laying Ladder Stakes (See earlier in the manual) for those of you that prefer to stake according to the odds you now can. This option is pretty limitless and will allow you to have a stake for just about as many odd ranges as you like. Please Note one thing here. Please overlap odds. Odds Trigger range - You can set a low (left hand box) and high (right hand box) odds range. This means the GHB will only try to place a bet/lay when one of the traps is between these prices. Make sure you have the Best Odds box ticked for this to work. The Trigger range is also used in conjunction with the Ladder Stakes. SP % - This is for in play only we advise leaving this alone for now see the main manual for further instruction Bet on any ( best only on the priced runner) This option was added at the request of some of our manual mode users who enjoy the control of manual mode but wanted to make use of this auto function. The idea behind this option is that in some races you may have a number of named selections... However only want to bet on the best priced selection within your odds trigger range. Ticking the box highlighted above allows you to do this Exclude favourite This tells the GHB to not bet on your manual selection should it become the favourite before the race begins or at the time of bet placement Must be favourite This tells the GHB to only place a bet on your selection if it is the favourite before the race begins or at the time of bet placement. Ok that s the options screen covered for both auto and manual select mode, next we move onto adding markets to the bot. Page 21 of 32

22 Adding Markets This is where you get to set up the actual races which we refer to as Markets. Clicking on the Add Market option above will open a screen similar to this. The first time you load horse racing markets for the day you will notice that the getting market information box appears and the enumerating markets progress bar will begin counting up. This is the GHB gather all of the market information such as course type and distance. Once the market information has been loaded the screen will look like this Page 22 of 32

23 You can then use the filters along the top of the screen to display the markets that you wish to load for example: If you only wish to see all UK win markets you would tick the boxes below And the screen will update to your requirements You can select one market by clicking on the one you wish to load in or by holding down your Ctrl key you can select multiple races. Page 23 of 32

24 If you want to load in a range of markets simply click the first one in the range and while holding down your Shift key click on the last one in the range and they will all be highlighted ready to load in Once you have selected your markets, just hit OK Auto load markets Ticking the auto load markets option tell the GHB to automatically load all markets that fall within your selected market type criteria. Simply tick the auto load box and select the first market in your filtered list, Hit OK and the bot will automatically add all markets once you press start. This will continue to automatically add the markets if you wish to leave the bot running 24/7 Please note that this currently applies to horse racing and greyhounds only and will work best in auto select mode. You do not need to do anything further except hit start (see later). The GHB will look for the runner that matches your price guide. Page 24 of 32

25 You do not need to do anything further except hit start (see later). The GHB will look for the runner that matches your price guide. Removing markets You can remove markets by right clicking them on the main screen as shown below Once you have loaded your markets the main screen will look like this Auto mode Page 25 of 32

26 Manual select Manual Select runner selection You will notice that all races entries on the main screen are RED, this is to warn you that you have not selected runners on these races. Now double click with your mouse on any of the races. This will open a new screen like this. Page 26 of 32

27 When you first open this screen you will see that all runners are Greyed out but simply ticking one of the boxes to the left of the trap you are interested in will display this. Before we go any further I would like to explain an important point. This is typical to Greyhound Racing on Betfair. You may have noticed that when looking at Greyhound races on Betfair that sometimes they show just the Trap number and other times the name of the runner. The GHB gets all its runner information from Betfair so the same will apply in the above screen. You will also notice that the settings that you applied back in the options screen will be carried over However you can adjust these settings by clicking in the area you wish to change You can select multiple runners. Page 27 of 32

28 (Please Note: Selecting more than 1 runner will turn off the staking plan completely and all runners will be staked as per each individual setup.) This shows the flexibility of the GHB. Clicking Ok will set the race card and you will notice that the race which you have just selected a runner in has now turned to black on the main market screen. The Main Screen. Page 28 of 32

29 Account Balance: Your Betfair account balance. (This is updated every 2 minutes) Session PL: This is your profit and loss for the current session of the bot running. Betfair API hit counter: Current hits per second and max hits per second Market Name: Date and Race Time. Start Time: Time event starts TTS: Time To Start the number of seconds until the advertised start time of the race. Status: IDLE (Waiting for Start), CLOSED (Event closed) PL: Race profit or loss. Matched: L = Lay / B = Backed, Runner, The amount bet / the odds taken. Unmatched bets info line Some of our long term users will notice that a second row has been added below each loaded market, this is to report any unmatched bets that may occur during the bots activities That about sums up the GHB quick start guide, You will find that this guide glosses over quite a large amount of the bots features, as its purpose is to give you the quickest introduction to the bots core features and assist you in getting up and running. We strongly recommend that should you want to know more about any of the bots features that you refer to the main manual or take a look through our online help pages ( and our tutorial videos Technical support If you have any questions regarding the bot please feel free to contact us through the helpdesk. This can be accessed via the members area And can be found in the help section under go to help system Gambling is risky, do not bet with money you cannot afford to lose and be sure you understand what you will need to spend in order to get the returns indicated. Page 29 of 32

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