Auto Select / Manual – Select. (Back to Index)



One of the great features of the Grey Horse bot is that it allows you to decide if you want to manually select the runners or you want the bot to Auto select based on price.

You can switch between each one using the Action- Bot Configuration.



You will have to reset the Grey Horse bot after a switch. You cannot run Auto Select and Manual Select together, but you can make two copies of the Grey Horse bot and do it that way, but remember if the two bots bet on the same races then this could confuse them.

To help simplify the Grey Horse bot and allow users to only use options that are useful to them, we have supplied the option to turn on and off many of the options.

Please remember though any change on the Bot configuration panel will force a restart of the Grey Horse bot.





Auto Select

In this mode the Grey Horse bot selects a runner based on price only.




Auto Options


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) = £5.12.

Percent of Bank - The bot will take your current bank and divide it by the % you have used. Please remember the minimum bet rule of £2.00. Don’t try taking 1% of a £50 bank.

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 do not overlap odds.

Lay - The Grey Horse Bot will “lay” a selection within the trigger range.

Back - The Grey Horse Bot will “Back” where the price is within the Trigger Range.

Trigger range - You can set a low (left hand box) and high (right hand box) odds range. This means the Grey Horse Bot will only try to place a bet/lay when one of the runners 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.

Use Best Odds – see above, this needs to be ticked to make the trigger range work.

Odds to Place - this is different to the trigger range. If “Best odds” is un-ticked, then the bot will only place a back/lay if it can get a match to those exact odds.

Extra’s





Number of runners – This option allows you to narrow down your race selection criteria. If you wanted to only bet on races with 8 runners then set min and max runners to “8”. If you do not want to use this option please either switch it off in bot configuration or change Min to “1” and maximum to “30”

Place Market Winners – If you are new to racing you may have noticed that many races available on Betfair have (Place) along side the race. This tells you that in these races the horse you bet on doesn’t have to win it just has to come in the Top 2, 3 or 4 (depending on the runners in the race).

Under the Betfair “Rules” tab on each race it will tell you how many places the race pays out.

This is important especially for “layers” because if you lay a horse in a 3 place race it only has to come in the top 3 for you to lose, this is why the prices on these races tend to be lower. One other thing to remember Betfair does not change the Place rule for NR’s.

If you select (Place) races with this option you can choose whether you want the bot to only bet on 2, 3 or 4 place markets or all 3!



Back/Lay all runners within price range.

Important: Turning on this option could allow the bot to place more than 1 bet.

This option when turned on allows the bot to scan the entire field and place a bet on any runner that falls within your betting criteria.

Or use – This option replaces the “Bet on Favourite” option first added in version 1.0.1.6. Now you can choose between “0” any runner or “1” best priced horse to “5” the 5th best priced horse.

The way this works is that the Grey Horse bot first sorts all runners by their current price and then selects and checks the price of the runner that matches your selection.

Please remember that the Grey Horse bot uses pricing as its order and this may not be in the same order they appear on the Betfair screen where the best priced horse or dog may not be at the top of the list.

So if you select the number “1” (favourite based on price) then the Grey Horse bot will select the best priced runner. 2, 3 4 and 5 are the next in the list.

Selecting “0” will allow the Grey Horse bot to look at all runners but only bet on one (the best priced) that meets your criteria.


NEW Ignore runner list – If you tick this then you can now click on the markets on the main screen and set GHB up so that it will either cancel a race if your selection is a NR or not bet on any selections that you tick in this list.




In the above example if “Fawkham Tom” is a NR (non runner) before a bet is placed on the market then the bot will disregard the race. The bot will also not bet on “Robins News” under any circumstances.



New: Disparity – This set of functions allows you to create rules based on the difference between prices of your selections and the one in front or behind.

Runner in front >= 2
Runner behind <= 2

With “Use Disparity” ticked, the prices will be based on the runners directly in front and behind on the market based on prices.

You can choose to have the prices based on “more than” or “Less Than”.

In the above example if you were to place a bet on the second favourite at a price of 5.0 then GHB would only place the bet if the horse in front (the favourite in this case) was less 3.00 or less and the higher priced horse behind was 7.00 or less.

If you tick “Use disparity on favourite” then no matter what position your runner is (2nd, 3rd) it will always look at the best priced horse for the disparity rule.