Profitable strategy for sale

We were all new to Bet Angel once. Ask any question you like here and fellow forum members promise not to laugh. Betfair trading made simple.
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sionascaig
Posts: 1072
Joined: Fri Nov 20, 2015 9:38 am

I'd want to see a return in year 2 so, 10 to 15k... although a lot less would be better )
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am
Location: London

Euler wrote:
Mon May 17, 2021 4:54 pm
I'd like to inject something into the discussion.

Let's say I've got a bot that earns £10k a year and runs on Bet Angel. It's been profitable for over a decade so has earned £100k.

How much would you pay for it, trying to discount the fact it's come from me?
20k
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decomez6
Posts: 667
Joined: Mon Oct 07, 2019 5:26 pm

Euler wrote:
Mon May 17, 2021 4:54 pm
I'd like to inject something into the discussion.

Let's say I've got a bot that earns £10k a year and runs on Bet Angel. It's been profitable for over a decade so has earned £100k.

How much would you pay for it, trying to discount the fact it's come from me?
discounting bet angel from you ? like getting rid of the ANGEL in the `bet¬` , you only left with BET, which is not hard to achieve , especially in the current effecient markets.
I am willling to pay for any system that guarantees to pay for my subscription thats my minimum requirement, otherwise 5% ROI is a generous offer.
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The Silk Run
Posts: 917
Joined: Mon May 14, 2018 12:53 am
Location: United Kingdom

Euler wrote:
Mon May 17, 2021 4:54 pm
I'd like to inject something into the discussion.

Let's say I've got a bot that earns £10k a year and runs on Bet Angel. It's been profitable for over a decade so has earned £100k.

How much would you pay for it, trying to discount the fact it's come from me?
Payments in kind ;)
And re-brand the Angel to a Devil :)
foxwood
Posts: 394
Joined: Mon Jul 23, 2012 2:54 pm

Euler wrote:
Mon May 17, 2021 4:54 pm
Let's say I've got a bot that earns £10k a year and runs on Bet Angel. It's been profitable for over a decade so has earned £100k.

How much would you pay for it, trying to discount the fact it's come from me?
If no other trading was done, allowing for operating costs for say an hour a day setup, data recording and maintenance at minimum wage together with an allowance for software subscriptions and hardware depreciation that would leave a tax free profit of around £6k.

Typical valuations are often 3 years profits so say £18k with some degree of performance guarantee. Due diligence would have to at least include seeing it actually working in some way and provable/audited historical accounts directly related to the bot eg several years BF bet history / PL etc.

Edit: Actually, as said earlier, wtf would someone sell such a system - I'd walk away quickly having had a good nose around :lol:
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Derek27
Posts: 23635
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Trader724 wrote:
Mon May 17, 2021 12:50 am
The money will be donated to someone that needs it more than me.
Your wife? :lol:

I had to read your entire OP before I realised you were being serious. Why not give it for free and trust the receiver to donate the money to a charity of your choice? Anyone can claim to have a bot that makes £X every year. Those who are so desperate to get their hands on a profitable bot they'll trust anyone without question will be penniless by now.
dt888
Posts: 393
Joined: Wed Apr 27, 2011 9:25 pm

Please any newbies, don’t buy bots from other people. Even if you are lucky and the bot actually works as described, it may not work next week, next month or next year.

Learn about the markets yourself and learn how automation works and create your own bots, it’s great fun!
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Trader724
Posts: 562
Joined: Fri Dec 27, 2019 11:22 pm

Derek27 wrote:
Mon May 17, 2021 6:58 pm
Trader724 wrote:
Mon May 17, 2021 12:50 am
The money will be donated to someone that needs it more than me.
Your wife? :lol:

I had to read your entire OP before I realised you were being serious. Why not give it for free and trust the receiver to donate the money to a charity of your choice? Anyone can claim to have a bot that makes £X every year. Those who are so desperate to get their hands on a profitable bot they'll trust anyone without question will be penniless by now.
When you are bad, you don't know how being good is, you just can't get it.
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goat68
Posts: 2019
Joined: Tue Jun 30, 2020 3:53 pm
Location: Hampshire, UK

Kai wrote:
Mon May 17, 2021 10:51 am
Trader724 wrote:
Mon May 17, 2021 10:40 am
Kai wrote:
Mon May 17, 2021 10:32 am


Are they still alive? But of corpse!
Joke aside, in some countries the minimum wage is lower than what you can do with my strategy, with a decent bank, and that's what I'm looking for to help someone. I also mentioned that the money I get is also given to someone else. All I get is the joy of helping someone.
Only skimmed the thread but if you really want to help someone then why make it look like a PR stunt charity case, can just directly msg someone that looks like they need it the most, like the rest of us do? Maybe someone like Mr Goat who has a 235 thread going and has contributed a lot to the forum already.
Maybe I turned it down...!
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Trader724
Posts: 562
Joined: Fri Dec 27, 2019 11:22 pm

dt888 wrote:
Mon May 17, 2021 7:07 pm
Please any newbies, don’t buy bots from other people. Even if you are lucky and the bot actually works as described, it may not work next week, next month or next year.

Learn about the markets yourself and learn how automation works and create your own bots, it’s great fun!
Even if someone doesn't pay for it , I'll still give it to someone, and that person will probably post it here one day, I hope, to say if it works or not. I agree that many try to sell all kinds of crap, but this is not always the case.
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goat68
Posts: 2019
Joined: Tue Jun 30, 2020 3:53 pm
Location: Hampshire, UK

Trader724 wrote:
Mon May 17, 2021 10:55 am
Kai wrote:
Mon May 17, 2021 10:51 am
Trader724 wrote:
Mon May 17, 2021 10:40 am


Joke aside, in some countries the minimum wage is lower than what you can do with my strategy, with a decent bank, and that's what I'm looking for to help someone. I also mentioned that the money I get is also given to someone else. All I get is the joy of helping someone.
Only skimmed the thread but if you really want to help someone then why make it look like a PR stunt charity case, can just directly msg someone that looks like they need it the most, like the rest of us do? Maybe someone like Mr Goat who has a 235 thread going and has contributed a lot to the forum already.
That's what I did.
He did
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goat68
Posts: 2019
Joined: Tue Jun 30, 2020 3:53 pm
Location: Hampshire, UK

dt888 wrote:
Mon May 17, 2021 7:07 pm
Please any newbies, don’t buy bots from other people. Even if you are lucky and the bot actually works as described, it may not work next week, next month or next year.

Learn about the markets yourself and learn how automation works and create your own bots, it’s great fun!
+1
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Derek27
Posts: 23635
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Trader724 wrote:
Mon May 17, 2021 7:33 pm
dt888 wrote:
Mon May 17, 2021 7:07 pm
Please any newbies, don’t buy bots from other people. Even if you are lucky and the bot actually works as described, it may not work next week, next month or next year.

Learn about the markets yourself and learn how automation works and create your own bots, it’s great fun!
Even if someone doesn't pay for it , I'll still give it to someone, and that person will probably post it here one day, I hope, to say if it works or not. I agree that many try to sell all kinds of crap, but this is not always the case.
Surely that rules out any possibility of somebody paying for it, now that you've said you'll give it for free if they don't?
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Trader724
Posts: 562
Joined: Fri Dec 27, 2019 11:22 pm

Derek27 wrote:
Mon May 17, 2021 7:53 pm
Trader724 wrote:
Mon May 17, 2021 7:33 pm
dt888 wrote:
Mon May 17, 2021 7:07 pm
Please any newbies, don’t buy bots from other people. Even if you are lucky and the bot actually works as described, it may not work next week, next month or next year.

Learn about the markets yourself and learn how automation works and create your own bots, it’s great fun!
Even if someone doesn't pay for it , I'll still give it to someone, and that person will probably post it here one day, I hope, to say if it works or not. I agree that many try to sell all kinds of crap, but this is not always the case.
Surely that rules out any possibility of somebody paying for it, now that you've said you'll give it for free if they don't?
Whether I receive something or not, my goal will still be achieved. On this occasion, I discovered a bit more about the categories of people here and how they react when it comes to money, even in small amounts.

I thank all those who showed interest here and through private messages, and maybe so awkwardly I still managed to inspire someone to do something good.
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The Silk Run
Posts: 917
Joined: Mon May 14, 2018 12:53 am
Location: United Kingdom

May I have it for FREE, please Trader724. And, I'm being SERIOUS.
Minnie LAI
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