To answer Alfaman, yes indeed, the software does generate the tips. It checks with early morning SP forecasts, then tries to locate horses which are significantly lower in price (steamers) by 40%.. It ignores races with 2 steamers as this may have been caused by favourites pulling out etc..
You could do this without the software if you had the time (and inclination) but Midas 3 does it in minutes...
You can do this any time of day (they recommend 12-1) but for my test I have been doing it around 10.30 - 11.00 and it seems to be working
I guess you could write a trigger to do this but you would have to monitor all the races from 9 am, so you would have a problem with data limits....
In my test I am also basing it on using a 'best-odds' bookie (e.g. Bet 365) as many of these steamers seem to drift later in the day, and getting the best available price is important.
As for referral rates, you can check that out with Midas if you are interested. I have only just signed up with them so I don't have the figures off the top of my head...
Hope that has answered a few questions....
Incidentally, June 15th, halfway through the month we are showing a 'profit' of £135.50 to a level £10 stake.... Quite impressed !!
http://themidasmethod.net/?hop=billypit