BetHawk
By BETHAWK LTD
BetHawk is a fully automated betting bot designed for UK horse racing on Betfair, targeting users who want a hands-off approach to value betting.
Publisher review
BetHawk is a fully automated betting bot designed for UK horse racing on Betfair, targeting users who want a hands-off approach to value betting. It operates 24/7 without manual intervention, making it ideal for those using betting as a side hustle or savings tool. The bot consists of micro-systems with individual staking strategies and offers Dynamic Managed Portfolios (DP9) that create and manage betting portfolios automatically.
Users can start with betting banks as small as £0.10 per bet, scaling up to £50, making it accessible for both casual and serious bettors. BetHawk has been operational since 2014, with its DP9 system running since August 2013, demonstrating a track record in the automated betting space. The bot monitors and places bets based on value betting principles, aiming to identify mispriced odds on Betfair's exchange.
It can be run either on a virtual private server (VPS) or from a user's own computer, providing flexibility in deployment. Pricing starts at £39 per month for the basic bot package, which includes 5 credits, with additional credits available at £4 each. While BetHawk is not available in all countries due to Betfair restrictions, it has garnered positive reviews for its automation and customer service.
However, users report volatile performance, with some days resulting in losses, and high commission fees can eat into profits. The service's effectiveness is also limited by the lifespan of bookmaker accounts, which can be closed by operators. Despite these challenges, BetHawk remains a popular choice for automated betting, with some users reporting significant profits, such as one earning £2439.03 in a single month.
How it works
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24/7 automated betting
Runs continuously without user intervention, placing bets based on predefined value betting principles.
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Dynamic Managed Portfolios
Creates and manages betting portfolios (DP9) automatically, optimizing staking strategies for users.
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Flexible betting banks
Supports betting banks from £0.10 to £50 per bet, accommodating both small and large bettors.
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Micro-systems staking
Uses multiple micro-systems with individual staking plans to diversify risk and optimize returns.
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VPS or local operation
Can be deployed on a virtual private server or run directly from a user's computer for flexibility.
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Value betting principles
Identifies and bets on mispriced odds on Betfair, aiming for long-term profitability.
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Monthly subscription model
Priced at £39/month for basic access with 5 credits, scalable with additional credits at £4 each.
Strengths and trade-offs
Strengths
- Fully automated operation reduces the need for manual intervention, allowing users to profit passively.
- Dynamic Managed Portfolios (DP9) have been running since August 2013, providing a proven track record.
- Supports a wide range of betting bank sizes, from £0.10 to £50 per bet, making it accessible to various users.
- High user satisfaction is evidenced by multiple positive reviews praising its ease of use and customer service.
Trade-offs
- Performance is volatile, with some days resulting in losses despite the automated value betting strategy.
- High commission fees can significantly reduce net profits, especially for high-volume bettors.
- Limited by the lifespan of bookmaker accounts, which can be closed by operators, disrupting the service.
- Not available in all countries due to Betfair restrictions, limiting its global accessibility.
Pricing context
£39 per month for basic bot with 5 credits, additional credits cost £4 each.
Getting started with BetHawk
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Sign up
Register on the BetHawk website and choose a subscription plan. The basic package costs £39 per month and includes 5 credits.
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Connect Betfair account
Link your Betfair exchange account to BetHawk by entering your API credentials. Ensure your account is funded and meets Betfair's requirements.
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Set betting bank
Define your betting bank size, ranging from £0.10 to £50 per bet. Adjust this based on your risk tolerance and available capital.
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Enable DP9 portfolios
Activate Dynamic Managed Portfolios (DP9) to automate portfolio creation and management. The system will optimize staking strategies for you.
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Deploy on VPS or local
Choose to run BetHawk on a virtual private server (VPS) for 24/7 operation or locally on your computer. Start the bot to begin automated betting.
Frequently Asked Questions
What is BetHawk and how does it work?
BetHawk is an automated betting bot for UK horse racing on Betfair. It runs 24/7 using value betting principles to identify mispriced odds. The bot places bets automatically through micro-systems with individual staking strategies, requiring no manual intervention from users.
How much does BetHawk cost to use?
BetHawk's basic package costs £39 per month, including 5 credits. Additional credits are £4 each. The service supports betting banks from £0.10 to £50 per bet, making it accessible for both casual and serious bettors with different budget levels.
Can BetHawk really make money with automated betting?
BetHawk can generate profits through value betting, with some users reporting significant gains like £2439 in a month. However, performance is volatile with occasional loss days, and high commission fees may reduce net earnings. Results depend on market conditions and account longevity.
What are BetHawk's Dynamic Managed Portfolios?
Dynamic Managed Portfolios (DP9) are BetHawk's automated betting systems that create and manage diversified portfolios. Operating since 2013, they use micro-systems with individual staking strategies to optimize returns while managing risk, requiring no manual input from users.
What are the main drawbacks of using BetHawk?
Key limitations include performance volatility, high commission fees reducing profits, and potential bookmaker account closures. The service isn't available worldwide due to Betfair restrictions. While automated, success isn't guaranteed and depends on market conditions and account longevity.
Can I run BetHawk on my own computer?
Yes, BetHawk offers flexible deployment - it can run on your computer or a virtual private server (VPS). This allows users to choose between local operation or cloud-based 24/7 access, depending on their technical preferences and reliability needs.
Alternatives
How BetHawk compares
Direct head-to-head against 2 competitors. Picked by 7wData.
BetHawk
- Pricing
- £39 per month for basic bot with 5 credits, additional credits cost £4 each.
- Target
- BetHawk is a fully automated betting bot designed for UK horse racing on Betfair, targeting users who want a hands-off approach to value betting.
- Strength
- Fully automated operation reduces the need for manual intervention, allowing users to profit passively.
- Watch for
- Performance is volatile, with some days resulting in losses despite the automated value betting strategy.
AceBots Software
- Pricing
- £39/month base, +£4/credit for expanded systems
- Target
- UK horse racing bettors on Betfair
- Deployment
- Windows VPS required
- Strength
- Dynamic Managed Portfolios for automated system selection
- Watch for
- Requires Betfair account, limited to UK horse racing
BetBotPro
- Pricing
- £49.99/month for Pro version
- Target
- Betfair exchange users globally
- Deployment
- Windows or cloud VPS
- Strength
- Multi-sport coverage beyond just horse racing
- Watch for
- Steeper learning curve for configuration
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Sources
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