Would you bet wisely on a Mageek?

Colin Magee is a mageek. He is my nephew.

He’s just released an e-version of his rather successful book – Automatic Exchange Betting.

As he said: “Can you find a way to give it a plug in TechEye? Obviously if you can’t find a humorous/ genuinely newsworthy way to do this without it looking like rank nepotism I wouldn’t want to compromise your journalistic integrity.  On the other hand, it’s near Christmas, the book is full of Perl code, Betfair is a pretty darn big IT company (about to float for billions) and the book is clearly very techie (have you ever read it btw?), computers were invented by a turfiste trying to beat the handicapper (Babbage), so maybe in that lot you could find an interesting way/ angle to give it a plug.”

In Colin Magee’s opinion, the use of computers, racing and the art of programming are all worthy bedfellows. Charles Babbage had a plan for a programmable computer in the mid nineteenth century called The Analytical Engine. Being a bright spark he wanted to turn a profit – and tried to mathematically handicap horse races using the Engine as a means to a friendly result from the nags. So it’s fair to say computing and betting is an idea that has been around for a while.

Colin Magee’s book goes a step further: a way to look at, understand and take advantage, he says, of the complete automation of the betting process. He says: “It’s now possible for punters to do on a shoestring with betting exchanges what folk in finance have been doing on financial exchanges for decades. Did you know Betfair claim to have three million customers worldwide and their daily volume even a couple of years ago was 15 times that of the London Stock Exchange Instead of stocks and shares, it’s trading and betting on horses, football, tennis, you name it.   The book shows you how to automate all this, like the cleverer investment bankers do that make a killing on the markets.”

Basically it’s Perl. As one reader says: “I write as a professional gambler specialising in football markets, and prior to reading the book, had never written a line of code in my life. Within two weeks, I had several automatic betting programs (bots) up-and-running, all pieced together from the sample code. I have subsequently automated a huge amount of my betting strategies, and have significantly increased my profits.”

It was the example code this particular Mageek wrote. Colin also suggests the book is a thorough guide to the Betfair API with Perl examples cited – it’s equally what the nags can do for geeks as what the book can do for punters.

Personally,  I don’t gamble on anything but my health, And so far, so sort of good. It’s recommended by two other Magees at least. Tamlin and Mike. We are all a good bet. Look, TechEye is not owned by a multinational. And blood is thicker than water. We got to keep it in the family.  Complain all you like. There are many Mageeks around. The book is here. Don’t say we didn’t warn you, because we didn’t warn you.