What's the point?

[bluebuzzard]

...of writing a bot for the xchange games, since you never get any value?

It's like trying to beat roulette at your local casino.

[nzbot]

Hmmm... I'm currently testing a strategy for Hold'em Standard/Turbo (backing or laying possible straights and flushes under certain conditions), seems to work (in paper betting at least). Now looking to find some time in the coming weeks to implement a bot for automating this strategy, hope it will work with real money too.

[bluebuzzard]

seems to work (in paper betting at least)

Personally, I would write a simulation of the system and test it over a few hundred thousand hands before writing a bot.

It says on the exchange games:

In an average week on Betfair Exchange Games, over 120 people will win more than £1,000 profit after commission.

My guess is that the following week it will be a completely different set of 120 people. What would really be amazing is if there were not some winners every week.

Anyway, don't let me put you off, good luck with it!

[nzbot]

Personally, I would write a simulation of the system and test it over a few hundred thousand hands before writing a bot.

That's exactly what I intend to do! Right now I have a recording tool running, it writes XML snapshots into a SQL Server database. Planning to write a simulation tool. If it works, then I will implement a bot to automate it.

My guess is that the following week it will be a completely different set of 120 people. What would really be amazing is if there were not some winners every week.

Since it's an exchange based game and all users see the same cards and prices, there must be winners!

Anyway, don't let me put you off, good luck with it!

Thx, will report if things go well (in a few weeks)! :-)

EDIT: Will report too if it doesn't work! ;-)

[bluebuzzard]

Thx, will report if things go well (in a few weeks)! :-)

EDIT: Will report too if it doesn't work! ;-)

Yes let us know how you get on. Reading the exchange games forum doesn't exactly inspire a lot of confidence, but I suppose if you were winning you'd keep it to yourself.

[nzbot]

Yes let us know how you get on. Reading the exchange games forum doesn't exactly inspire a lot of confidence, but I suppose if you were winning you'd keep it to yourself.

Stay tuned, hope to get it working till end of Mar '09.

[nzbot]

Stay tuned, hope to get it working till end of Mar '09.

Work is in progress, currently doing backtesting, however won't be finished until mid of April 2009 due to customer projects.