Go Fibonacci

As promised here's the update. Using industry SP the P/L stood at £116, but using Betfair SP it drops to a staggering £43 starting with a £500 bank. This is after about 1 month of testing and results include the 5% Betfair commission. The main reason for this is that the system will only lay odds-on favourites. When using the industry SP you get more qualifying selections as some selections return a price of 8/11 or 10/11, but sometimes the Betfair SP can return at 2.04 or above no bet. The manual tells you to use a traditional bookmaker to make your selections; this is another reason why I used the industry SP for test. This has been a very important learning curve to testing systems and will improve the service for the future.

The strike rate using industry SP is about 45% as stated in the manual, but using Betfair SP this drops to 36% quite a bit below. Having said that the system does work but it will take longer to make the gains claimed in the sale pitch.

I hope this has been helpful.

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