Autobet is the most stupid thing and this can't be profitable in any kind. Because of the house of edge. You're just loosing you money in automatic mode.
Did the gambling site put that auto bet feature for profit-getting purposes? Of course, no. It was a feature to provide convenience for their users. Is that a stupid thing to implement? Can you explain how it becomes a stupid thing?
If you think auto-bet is a profit-making tool, then it will become a stupid thing but for the real purpose, it's not.
Gambling sites obviously don't put that feature for that profit purpose and I don't understand why we should lead on thinking like that.