View all the betting system that have got neutral results in our test or see the betting systems currently under review.

horse racing

Betting in the Know – Final Review

We have reached the end of our three month trial of Betting in the Know and here are the final results:-

 

Profit/Loss:   -12 points 
Strike Rate:   22%
Bank Growth:   -8%
Cost:   £25 per month 
ROI:   -2%
Average number of Bets:   3 per day
VERDICT:   NEUTRAL
Rating:

 

You can view full results here.

 

Betting In the Know – Full Review

 

Betting in the Know is a horse racing tipster that came into our trial with a pretty phenomenal-looking set of results. 

They had apparently accumulated over 1400 points profit in three years according to the results on their website, at a return on investment of over 25%.

Figures like those would put them in the elite league of horse racing tipping with the likes of Hugh Taylor, Equine Investments and Quentin Franks Racing.

So we headed into the trial with high hopes that they could replicate that kind of form during three months of live testing.

However, as we seem to say often here at HBR, that sadly didn’t turn out to be the case.

In fact, they made a loss of 12 points in the end to advised prices.

At one point during the trial we were actually 80 points up and at another we were over 50 points down, so it was one hell of a roller-coaster, as you can see below!

A late really brought us back towards the break even point, so in the end we think a NEUTRAL rating is fair in this instance.

The bank ended up 8% down, which although disappointing is no disaster either. 

It doesn’t look like the service is practical to follow at Betfair SP, as we lost a whopping 78 points at BSP, significantly more than at advised prices.

Our main issue with the service was the advised betting bank, which will go into more depth below.

 

Service Breakdown

Ease of use:  The workload is a little higher than with some comparable services, with around three bets per day on average. The tips are sent out the evening before racing, so plenty of time to get the bets on. 

Availability of prices:  As mentioned above, there was a big difference between the advised prices and Betfair SP and the advised prices did tend to get hit in significantly by the off. So certainly if you are following the service you will need bookie accounts and to get your bets on the night before racing. 

Strike rate: The strike rate for the trial was 22%, below where it would need to be to generate a profit. 

Advised Betting Bank: A 100 point bank is recommended for following the service, with a possible 150 point bank advised if you want to be conservative. We think given that both during our trial and previously they have suffered drawdowns of close to 100 points, a bank of 200 points should be advised.

It would be pretty galling if you had joined at the start of April this year with a 100 point bank and seen your entire bank wiped out. We see this a lot with tipping services advising insufficient banks and it is probably the single biggest reason that people lose money from following tipsters long term. So we would definitely advise a 200 point bank here given the strike rate and taking levels. 

Subscription costs: The subscription costs are very reasonable at £25 per month. 

 

OVERALL VERDICT: NEUTRAL

Betting in the Know looked like a promising service coming into our trial but sadly didn’t deliver during our three month live test, finishing 12 points down to advised prices.

We may just have hit the service at the wrong time as the results published on their website matched ours so it seems like a genuine service and things may well turn around for them.

Our two things to note about the service are that it doesn’t seem practical to follow at Betfair SP and the advised bank should be increased to 200 points.

So it’s a watching brief for now for Betting in the Know to see if they can turn things around long term.

 

 

 

 

 

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Betting in the Know – Results Update

15th June 2017 

A small decline for Betting in the Know since our last update, with just 2 points lost at advised prices since our last update a couple of weeks ago.

Sadly though that means they are still well down for the trial overall – 44 points down to be precise at advised prices.

You can view full results here.

At Betfair SP it has been nothing short of a disaster, with another 12 points lost and 99 lost overall.

So something spectacular is needed between now and the end of the trial for this to turn things around. 

 

 

 

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Betting in the Know – Results Update

1st June 2017 

Unfortunately the tough run continues for Betting in the Know, with 56 points lost at advised prices since our last update three weeks ago.

That means they are now 42 points down for the trial overall at advised prices.

You can view full results here.

At Betfair SP the news is worse, with 66 points lost since our last update and 87 overall.

It’s been a nightmare run for them, but these things happen in betting and sometimes you just hit a service at its worst time, which certainly seems to have been the case here. 

 

 

 

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Betting in the Know – Results Update

11th May 2017 

There has been a drastic reversal for Betting in the Know since our last update unfortunately, with 59 points lost at advised prices over the last three weeks.

That has taken them from 73 points in profit for the trial down to just 14 points in profit.

You can view full results here.

At Betfair SP it is an even sorrier tale, with 66 points lost since our last update, putting them on -21 points for the trial overall.

This just shows you the ups and downs you can get with betting and it can be tough to take at times, but is also another reminder of the importance of having a big enough betting bank and plenty of patience when you approach any system or strategy.

Let’s hope things have picked up by the time of our next update. 

 

 

 

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Betting in the Know – Results Update

20th April 2017 

It’s been a very good start to our trial of horse racing tipster Betting in the Know, which has notched up a remarkable 73 points of profit at advised prices since our trial started a month ago.

You can view full results here.

At Betfair SP things are also good but not quite as outstanding as at advised prices, with 45 points of profit made to date.

There are a fair number of tips, with nearly 100 advised so far in our first month of following the service. The tips are sent out in the evening before racing, so plenty of time to get the bets on.

A strong start then for Betting in the Know, let’s hope things continue in the same vein!

 

 

 

 

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Betting in the Know – New Review

20th March 2017 

Today we are starting a new trial of an interesting-looking horse racing tipster called Betting in the Know.

We think being in the know is usually a good thing whatever business you are in, but it certainly pays in the horse racing industry. 

Looking at their results, it sure looks like they are “in the know” when it comes to betting on the nags.

With over 1400 points profit made since starting up in March 2014, their points total is up there with the very best.

The return on investment over the last year is over 26%, which is excellent stuff.

Looking at the profit graph, they appear to have built profits very steadily over the last three years, with a high proportion of winnings months to losing ones.

Staking seems pretty reasonable at between 1 and 5 points per bet, with most selections at around 2 points. A 100 point bank is recommended, which seems fair given the staking.

The good news is that you can get 30 days access to the tips for just £9.99, an appealing offer given the results published on the website.

We will run our standard three month live trial of this one and will report back soon on how things have started.

In the meantime you can check out Betting In the Know here. 

 

 

 

 

football betting alerts pic

Football Betting Alerts – Final Review

We have reached the end of our three month trial of Football Betting Alerts and here are the final results:-

 

Profit/Loss:   +391 points
Strike Rate:   70%
Bank Growth:   26% 
Cost:   £42 for 14 days or £79 per month
ROI:   6%
Average number of bets:   5 per day
VERDICT:   NEUTRAL
Rating:

 

You can view full results here.

 

Football Betting Alerts – Full Review

 

Football Betting Alerts is a football betting system that provides you with laying selections in certain markets, to be placed at Betfair (or your exchange of choice).

This primarily consists of two types of bet:-

  1. Lay the draw at the start of the match
  2. Lay the current score at HT (at maximum odds of 4.5)

There is no trading involved, you just place the bets and then leave them to run.

There is quite a high volume of bets with an average of five per day – although inevitably this tends to mean quite a lot more than that on weekends but less on weekdays.

The good news is that you can use a bot to automate the bets for you, which will significantly reduce the workload of placing all the bets.

We used the bot ourselves during the trial – called the “Prof-IT Bot” and can confirm it works well once you have configured it all. The bot costs from £12 to £18 per month, depending on which plan you go for. 

 

Results Analysis

So how did Football Betting Alerts get on during our trial?

Well at first glance the results were pretty good, with 391 points profit being made at a return on investment of 5%. 

As you can see from the graph below, it was a little topsy-turvy, with good profits early on being wiped out before a positive run again to finish nicely in profit:-

However, we had concerns about the service which unnerved us a little bit and dampened our enthusiasm for it. These were:

  1. They changed the type of selections midway through the trial, adding in laying the HT draw. As we mentioned in our last update, this strategy was disastrous and was then removed to be “tested” first. In reality it should not have been added in the first place until properly tested.
  2. The staking also changed midway through the trial, from risking 10 points per selection to 20 points. This added to the sense of inconsistency and could have messed with people’s banks.
  3. There was a little lack of clarity at times on how to bet the selections. In some cases, the odds on the correct score are above 4.5 at HT. At the start you were advised to put in an order at 4.5 and wait for your bet to be matched, hopefully before there was a goal. Then this changed to risking half your liability at the HT odds and half when the odds hit 4.5

So overall the picture was one of inconsistency and lead to a bit of frustration for us – and we expect other users – with things regularly changing during the trial.

Before a service is released to the public, particularly one which costs £79 per month, these things should be worked out in advance and guidance should be clear.

Hopefully these things can be ironed out and they seem to be settling on a preferred methodology now, so we will keep an eye on things and make sure that they stay that way.

In summary we think the results overall are good and the service has potential, but our opinion of it has been tempered by the constant changes that were made to the selection process during our trial period.

So for now we are awarding them a NEUTRAL rating and we will watch how the service progresses.

Let’s just hope they can settle things down and concentrate on a clear set of methods now.

 

Service Breakdown

Ease of use:  This can be quite a work-intensive service to follow, with often ten or more selections per day at weekends, meaning unless you are able to sit in front of your computer for most of the day, use of a bot is essential. Fortunately the PROF-IT BOT that has been programmed for FTA works well and costs from £12 to £18 per month. 

Availability of prices:  As mentioned above, sometimes the current score will be above 4.5 at half time, so you will have to wait for it to hit that price before a goal goes in. In terms of liquidity though, it shouldn’t be a problem as you can use other markets (over 0.5 / 1.5 / 2.5 etc) which have excellent liquidity. Occasionally the lay the draw prices move quite a bit from the published prices, so you need to move quickly on those as soon as the tips are posted. 

Strike rate: The strike rate for the trial was 70%, which on the face of it is very good but we did endure a drawdown of over 500 points during the trial, which is quite a large amount and bear in mind that with stakes of 20, your liability on the correct score bets will be 70, so a losing run can quickly hit your bank.  

Advised Betting Bank: There was no bank advised for the trial, so we used a 1500 point bank which should be enough with a 70% strike rate and even with a bad drawdown during the trial, the bank was never in jeopardy. 

Subscription costs: The subscription costs are £42 for 14 days or £79 per month. 

 

OVERALL VERDICT: NEUTRAL 

We have mixed feelings about Football Betting Alerts. On the one hand they have produced good profits and it seems the service has identified a certain edge over the market on its particular bets.

However, on the other hand we were quite frustrated during the trial by the constant changes. The worry when this happens is that the service is making it up as it goes along and doesn’t really have a sure-fire strategy.

Hopefully that isn’t the case here and these were just “teething problems” of a new service, but only time will tell on that front.

What we need to see going forward is a consistent and settled strategy with clear instructions and no ambiguity on how selections are backed, certainly for a service that charges £79 per month and with the use of a bot that most people will need at an extra £12 – £18 per month.  

If they can achieve the desired consistency, then we would be happy to revisit this review and potentially upgrade to a higher rating.

In the meantime though it’s a hold and watch briefing for now.

 

 

 

 

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Football Betting Alerts – Results Update

15th April 2017

Sadly there has been a significant reversal of fortunes for Football Betting Alerts, who have lost virtually all of their previously accrued profits.

Since our last update, we have lost 324 points, which means they are now just 19 points up for the trial overall. 

You can view full results here.

What is more concerning for us though is the regular changing of strategies. Last time we reported that they had added an additional strategy, lay the HT draw.

Well after some poor results that strategy was then withdrawn and they declared they would be testing it first.

Well it would have been nice to test it first before adding it as a strategy and for those us of following it to have lost quite a bit of money!

Then we have some additional strategies being added – “Strat 4” and “over 55” which get a lot of hype but are quite poorly explained as to how to trade them.

Frankly this is all quite frustrating to follow as a subscriber and we hope they can iron out these issues and settle on some consistent strategies going forward, as well as give much clearer guides to the other strategies and full results for those. 

 

 

 

 

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Football Betting Alerts – Results Update

27th March 2017

Things have continued to move on smoothly upwards for Football Betting Alerts, with another 77 points of profit added since our last update three weeks ago.

That means we are now 343 points in profit for the trial overall.

You can view full results here.

They have recently added another method to the set of systems. Previously there were just two strategies: lay the draw and lay the current score at half time.

Now however we have a third strategy, lay the half time draw. What you do is lay the HT draw before the game, then lay it again after 15 minutes, whilst also covering the 1-1 HT score. 

We are normally a bit concerned when a new strategy is added mid-way through a trial, as the other two were working very well and were apparently based on a long period of proofing the selections.

But we will give them the benefit of the doubt and hopefully this new strategy will add some more profits to the coffers – only time will tell of course.

The other thing to mention is that we have just signed up for the Prof-it Bot to trade the selections automatically for us, so we will report back on how that goes at the time of our next update. 

 

 

 

 

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Football Betting Alerts – Results Update

4th March 2017

Sometimes you give something the big build up, only for it to disappoint you.

We are pleased to say that this hasn’t been the case with Football Betting Alerts so far, which is fully living up to our expectations.

After three weeks of our trial and 125 bets, they are nicely in profit: 266 points in profit to be exact.

You can view full results here.

That is risking a maximum of 35 points on each selection, to win 10 points.

The good news is that they are offering a 3 day trial for just £1 here please note this is only available until midnight Sunday 5th March 2017. 

Just to recap, all bets are either lay the draw or laying the current score at half time. So pretty simple to follow.

There is no trading out, just place the bets and then see if they win or not.

It is looking very good so far, but of course it is still early days and much too soon to draw any conclusions. That is why we run trials for a minimum of three months – to give enough time to make a solid conclusion about a service.

If this keeps up the kind of form it has shown so far though, it will be a great addition to the portfolio.

You can get a 3 day trial for just £1 here – please note this is only available until midnight Sunday 5th March 2017 though. 

Back soon with more updates.

 

 

 

 

 

 

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Football Betting Alerts – New Review

21st February 2017

Occasionally there is something that lands in your inbox that genuinely makes you sit up and take notice.

We have just had that feeling with a new football service that on the basis of what we have seen so far, could be one of the best betting systems we have come across in a long time.

The service in question is called Football Betting Alerts and is provided by the same team behind Football Trading Alerts, amongst others.

The system was designed by a guy called “The Professor”, who has built an algorithm to find instances where the chances of a particular event occurring in a football match are over 80%.

He is a professor of mathematics and a computer systems specialist, so clearly knows what he is talking about when it comes to these things.

His selections were proofed for over three months to the FTA team and the results were nothing short of superlative.

With stakes of just £10 lays (liability of max £40), the Professor made over £1,000 profit over the proofing period.

What is more, the strike rate for that period was over 80%, which to make that kind of profit at such a high strike rate is quite incredible.

Selections are of two types:

  1. Lay the draw at the start of the match (and either just leave it to run to the end or trade out in the last 15 minutes, depending on your personal preference)
  2. Lay the current score at HT (or back over 0.5/1.5/2.5 etc depending on the current score)

That’s it, pretty simple.

They are planning to set up a bot so that you can add that to your subscription and have the bets placed automatically, so all bases are covered.

We signed up to test the system ourselves and will run a three month live trial here on the site.

This weekend was our first of testing it out and results were excellent.

On Saturday, there were 11 selections and 9 were winners, with 2 scratch trades – so no losers! On Sunday, things weren’t quite as good, with 10 selections, 7 winners and 3 losers.

Overall on the weekend, with £50 lays of the LTD and £100 back stakes on the over 0.5/1.5/2.5 etc, we made over £250 profit.

A superb start and needless to say if those results hold up over the long run, then we are talking about something very special.

Although it is very tough to consistently win your football bets, this may have found a unique approach to doing so – let’s hope so! 

You can check out Football Betting Alerts here.

 

 

 

Frankie Dettori

The Snout – Final Review

We have reached the end of our three month trial of The Snout and here are the final results:-

 

Profit/Loss:    -21 points
Strike Rate:    21% (including placed horses)
Bank Growth:   -28%
Cost:   £30/month, £75/quarter or £250/year
ROI:   -9%
Average number of bets:   2.5 per day
VERDICT:   NEUTRAL
Rating:

 

You can view full results here.

 

The Snout – Full Review

 

The Snout is the second horse racing tipster we have reviewed from the Tipsters Empire stable of tipsters, after DG Tips which achieved a PASSED rating.

So did The Snout live up to the achievements of its stable partner DG Tips?

Well unfortunately during our three month trial it didn’t, finishing with a loss of 21 points at advised prices and 42 points at Betfair SP.

Here is the results graph for the trial:

As you can see, it was quite an up and down time, eventually finishing quite a bit behind. 

That doesn’t quite tell the whole story however, as since our trial ended we have continued tracking the tips and they have actually turned things around quite remarkably.

Since our trial ended on 4th April, The Snout have added 39 points of profit, meaning that since we started proofing the tips at the start of the year, they have actually made 18 points of profit.

That isn’t bad going and although not quite enough in terms of bank growth to achieve a passed rating, it’s on the right track and warrants a NEUTRAL rating at this time, with a watching brief to see how things progress.

 

Service Breakdown

Ease of use:  There are 2.5 bets per day on average, which is certainly manageable in terms of workload. Bets are normally sent out in the evening before racing. 

Availability of prices:  A little like its stable partner DG Tips, the prices of The Snout’s tips do tend to contract before the off time, so getting the bets on early will help. At Betfair SP the results were twice as bad as at advised prices, so it is doubtful the service is practical to follow at Betfair SP. 

Strike rate: The strike rate for the trial was 21% (including placed horses), so a degree of patience will be required when following the tips.

Advised Betting Bank: No bank was advised upon joining the service, but we used a 75 point bank for the trial to give enough leeway to cover losing runs. 

Subscription costs: The subscription fees are £30/month, £75/quarter, £135/6 months or £250/year.

 

OVERALL VERDICT: NEUTRAL

The Snout had a tough initial three month trial here at Honest Betting Reviews, finishing 21 points down at advised prices.

However, since the trial ended, they have had a cracking month, notching up 39 points of profit. 

So that means in effect they have made 18 points profit in four months of us following the tips.

That translates into bank growth of 24%, which isn’t quite enough to warrant a passed rating, but is still a solid return.

So we will keep an eye on things here and see if the form of the previous month continues. If so, The Snout may well be due an upgrade. 

 

 

 

 

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The Snout – Results Update

22nd March 2017

Sadly the comeback for The Snout is over and things have gone in the other direction. 

Since our last update, they have lost 19 points at advised prices, putting them 17 points down for the trial overall.

You can view full results here.

At Betfair SP, things have been even tougher, with 18 points lost, putting them 41 points down for the trial overall.

Like it’s stablemate DG Tips then, it doesn’t look like The Snout is practical to follow at Betfair SP.

Back soon with more updates.

 

 

 

 

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The Snout – Results Update

28th February 2017

The fightback continues for The Snout, at advised prices at least. 

Since our last update a couple of weeks ago, they have made 6 points profit at advised prices, meaning they are now 2 points up for the trial overall.

You can view full results here.

At Betfair SP it is a different story however. They actually made a loss of 4 points since our last update, putting them 23 points down at Betfair SP for the trial as a whole. 

So on the basis of what we have seen so far, it doesn’t appear this service is practical to follow at Betfair SP. We will keep a close eye on this for the rest of the trial though to see if the trend continues.

 

 

 

 

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The Snout – Results Update

11th February 2017

Something of a fightback for The Snout since our last update a couple of weeks ago.

They have made 15 points profit at advised prices since our last update, meaning they are now just 4 points down for the trial overall.

You can view full results here.

At Betfair SP things continue to be a struggle however, with 8 points of profit made since our last update to put them 19 points down for the trial overall.

Back soon with more updates.

 

 

 

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The Snout – Results Update

26th January 2017

It has been a tough start to our trial of horse racing tipster The Snout from the Tipsters Empire stable, who are 19 points down so far at advised prices after three weeks.

You can view full results here.

At Betfair SP they are 27 points down, so not an ideal start by any means.

Like the other Tipsters Empire service we are reviewing, DG Tips, virtually all the bets are to 1 point stakes, which makes things straightforward.

Anyway, let’s hope we will have better news to report on The Snout by the time of our next update.

 

 

 

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The Snout – New Review

12th January 2017

They say one good turn deserves another. 

So after commencing our first trial of a tipster from the Tipsters Empire stable a few days ago in the form of DG Tips, we thought we would follow it up quickly with a second. 

The tipster in question is (interestingly) called The Snout. We are not quite sure how he acquired that name The Snout, but apparently this lad was born and bred in the home of jumps racing, Cheltenham.

He specialises in many aspects of racing and has built up quite a following in his time as a tipster since June 2015.

The highlight of his tipping career came on 30th August 2016 when he landed a 5939/1 fourfold, including winners at 13/2 and 10/1.

Some members apparently had £5 e/w on, which netted them over £30,000!

Leaving that amazing feat aside, The Snout has amassed some impressive results overall, with over 250 points profit made in just 18 months.

That includes over 100 points profit over the last six months and five of those six months were profitable. 

So we have a promising horse racing tipster in the offing and are keen to get this trial underway.

Just a note that we started receiving tips on 5th January so we will record results from then.

We will update the trial at regular intervals with the results.

In the meantime you can check out The Snout at Tipsters Empire here. 

football goal

Thomo’s Tips – 16 Month Update

Here at Honest Betting Reviews we don’t just do an initial review a tipster and then forget about them.

No, we like to keep an eye on how they perform over the long run and to see if our original verdict on the tipster is still justified. 

So in that vein, we thought it would be a good time to do an update on a tipster we have been following for 16 months now – Thomo’s Tips.

This is a football tipping service that is provided by the Tipstrr platform. 

The provider of the tips, Andy “Thomo” Thompson” bets in a range of markets, mainly in the Premiership and top European leagues.

In our original five month review, he made a profit of 24 points, at a return on investment of 21%, which we felt warranted a recommended rating and four and a half stars.

[Please note that our results are to 1 point equivalent staking for ease of reference. The advised staking is between 2 and 10 points, but the vast majority of bets are 10 point stakes.] 

It is now been over a year since our original review, so how has Thomo done since then?

Results Update

Well, it hasn’t been quite as positive a story since then unfortunately.

Over the last 11 months, Thomo has added another 13 points of profit, which isn’t too bad.

However, that doesn’t tell the whole tale.

From the high point in June 2016 to January 2017, the service dropped over 32 points, more than wiping out our bank and virtually wiping out all the profits that had been made to that point.

Since January there has been a revival thankfully, with 36 points of profit made.

Those that signed up during 2016 though would have seen little return on their investment and once subscription costs are taken into account, it is questionable whether the 1 point per month average would be enough to have made a profit. 

 

OVERALL VERDICT: NEUTRAL

A combination of the large losses in the second half of 2016 and the rather slow progress made overall have led us to downgrade Thomo’s Tips to a NEUTRAL rating for now.

Overall the service has made a profit, which should not be dismissed and it is nice and simple to follow.

One of the main qualities we look for in betting services though is their consistency and to have lost nearly all profits in late 2016 was tough to take for subscribers.

We will continue monitoring the service however and should its recent form continue, an upgrade back to a winning system may well be warranted. 

 

 

 

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Thomo’s Tips – Final Review

28th April 2016

We have reached the end of our five-month trial of Thomo’s Tips and here are the final results:

 

Profit/loss:    +24 points 
Strike Rate:    42%
Bank Growth:    96%
Cost:   £10/week, £19/month or £45/quarter  
ROI:   21%
Average number of bets:   1 per day
VERDICT:   PASSED
Rating: 

 

You can view full results here. 

 

Thomo’s Tips – Full Review

 

Well after having reviewed a dozen football tipsters and betting systems, we finally have one that has passed a trial here at Honest Betting Reviews.

Thomo’s Tips is a straightforward football tipster that is provided through the Tipstrr betting platform.

This trial has taken longer than normal as there are quite a low number of bets so we have made sure that we have seen well over 100 bets before making our judgement.

So after five months and 127 bets, we are pleased to say that Thomo has managed an impressive 24 points profit to 1 point stakes, or 2369 points to the original staking of 25 – 100 points per bet.

Here are the results for the trial in graph format:

As you can see, a very steady profit graph showing good consistency over the trial. 

 

Service Breakdown

Ease of use: A super-easy service to follow, with around just 1 bet per day so minimal work involved. 

Availability of prices: The tips are virtually all in the big leagues like the Premier League, Champions League and Europa League so there are no problems getting the bets on and matching the advised prices. 

Strike rate: The strike rate for the trial was 42%, which is very decent and means that losing streaks should be more than manageable here and staking can be at a reasonably high level.

Advised Betting Bank: There is no betting bank advised but we used a 25 point bank for the trial which should be fairly comfortable with a 42% strike rate.

Subscription costs: The subscription costs are very reasonable at £10/week, £19/month, £45/quarter, £79/6 months or £140 per year.

 

OVERALL VERDICT: PASSED

We are delighted to have finally found a football tipster that makes a profit after a large number of failed or neutral reviews.

Thomo’s Tips is super-easy to follow and with bets being in the big leagues, there are no worries about price availability.

A return on investment of over 20% achieved over the trial is very high for football and an impressive feat.

Our only small word of caution is that the service hasn’t been around very long (only five months) so it doesn’t have the long-term established record of some of the other recommended services here at Honest Betting Reviews.

But certainly if Thomo can maintain the results achieved so far in the long run then we may well have uncovered a real gem here.

It is one we will definitely be following ourselves and we will report back periodically on how it gets on. 

 

 

 

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Thomo’s Tips – Results Update

21st February 2016

The good form has continued for Thomo’s Tips, who have added a further 160 points profit since our last update just over a month ago.

That means they are now 1327 points up for the trial as a whole. 

You can view full results here. 

They tend to bet in 100 point stakes, with some of the longer-odds selections having a 25 point stake, so I suppose you could say they are 13.27 points up if you were using 1 point stakes for the 100 unit bets.

Either way, it is good to see a football tipster in profit for once, as virtually all of those we have reviewed so far have failed.

We are not quite at the minimum 100 bet level yet so we will continue the trial for a while longer.

Let’s hope things continue in the same fashion for Thomo’s Tips.

 

 

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Thomo’s Tips – Results Update

15th January 2016

Wohoo! At last – we can report some positive results for a football service!

To date we have only ever passed one football tipster here at Honest Betting Reviews – Banker Bets – and that wasn’t even purely a football tipster but also covers tennis and occasional US Sports.

And whilst we are currently trialing nine football services, the news on the whole has not been good for those trials thus far.

So it is with much delight that we bring you news that Thomo’s Tips has brought in over 1,100 points profit since our last update to sit at +1166 points profit for the trial overall.

You can view full results here. 

Thomo tends to tip at 100 point stakes with the occasional smaller stake, so really we are talking about approximately 11 points profit to 1 point level stakes.

The tips are mainly in the Premier League and Thomo has taken advantage of the poor form of sides like Man Utd and Chelsea whilst capitalising on the surge of the likes of Leicester.

Plus a nice treble at 15.69 did things no harm whatsoever.

So let’s hope things continue in the same vein and we can finally give a passed rating to a football-only tipster.

 

 

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Thomo’s Tips – Results Update

12th December 2015

It’s been a quiet start to our trial of Thomo’s tips, which seems to be a common theme for the football tipsters we are trialing at the moment.

There have been some funny results around I suppose, with Chelsea playing so poorly, Man Utd off the boil and even City throwing in a few strange results. 

So far Thomo is £30 down to advised stakes, or 0.3 points down if we were using 1 point stakes. 

You can view full results here. 

Things got off to a very strong start with 2 nice winners in the first 3 bets, with an international double of Belgium and Holland to win at 4.1 and then Hartlepool to beat Leyton Orient at 4.6

But unfortunately since then things have tailed off somewhat. It is still early days though, so plenty of time to get back on track and bank some nice profit.

We will return soon with more updates.

 

 

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Thomo’s Tips – New Review

16th November 2015

After struggling for a while to find any football tipsters worth reviewing, we are now inundated with them. The latest in our line of promising football specialists is Thomo’s tips.

This is a relatively new tipster, having just got going in September of this year. However, the guy who runs the service Andy has been tipping for over 3 years, so has plenty of experience.

They tip mainly in the big European leagues and competitions like the Champions League and provide a variety of tips including singles, doubles and trebles as well as correct score predictions and HT/FT bets.

Staking seems to be a standard £100 per bet, which can be easily equated to 1 point level stakes. 

Subscription costs are very reasonable with a £1 trial available for a week and then just £25 for 3 months membership.

We started receiving tips over the weekend so will record results from then.

Check back for updates on how the trial goes.

In the meantime you can view Thomo’s Tips here.

 

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Premier Football Investments – Final Review

We have reached the end of our three month trial of Premier Football Investments and here are the final results:-

 

Profit/loss:    +2 points
Strike Rate:    70%
Bank Growth:    10%
Cost:    £24.95/month or £173/year 
ROI:   1.4%
Average number of bets:    2 per day
VERDICT:   NEUTRAL
Rating:

 

You can view full results here.

 

Premier Football Investments – Full Review

 

Premier Football Investments is a football tipster provided by a professional football bettor called Carlo.

It was recommended to us by John Baker of Banker Bets, one of the top football tipsters we have reviewed here on the site and someone whose opinion we trust.

It is quite a simple service to follow, with an average of around two tips per day. Many of the tips are Asian handicap bets and come in a variety of European leagues. 

The results coming into our trial looked very impressive, with the bank more than doubled in four months.

In the trial itself, unfortunately results were not quite as good, with 2 points profit made over the three months we followed the tips.

That is certainly no disaster and any profit is a profit – and most welcome.

However, at the same time it is not quite enough for us to give this a recommended rating, so a NEUTRAL verdict seems the only fair decision here.

Here you can see the results in graph format:

The results were really affected by a particularly bad week in December between Christmas and New Year, which accounted for 80% of December’s losses.

If it hadn’t been for that, results would have been very good and they did well to fight back into profit. 

But there we are, that is how things went unfortunately.

We do think there is potentially something here though and have agreed to continuing monitoring the tips for a few months to see how things progress. We are hopeful this will turn into a long-term profitable service and one to add to the portfolio.

 

Service Breakdown

Ease of use:  A very simple service to follow, with just two bets per day and shouldn’t be more than a few minutes each day to get the bets placed.

Availability of prices:  The recommended prices were generally freely available and we often found we could actually beat them by using Betfair.

Strike rate: The strike rate for the trial was 70%, which is good and means there is the potential to build a bank fairly quickly, as seen in the four months prior to our trial.

Advised Betting Bank: A 20 point bank is recommended for following the service. With a +70% strike rate, this seems adequate to us.

Subscription costs: The subscription costs are £24.95 per month or £173 per year, although we understand subscription costs may rise considerably over time once solid results are established.

 

OVERALL RATING: NEUTRAL

Premier Football Investments looks like a promising service to us and it was a shame they had a nightmare week in December, because otherwise the results from the trial were most commendable.

With a profit of 2 points over the trial and 10% growth of the bank, we feel that a neutral rating is fair in this instance. 

We will continue to monitor results for the next few months as we do think this has the potential to become a worthy addition to the portfolio.

It’s a simple service to follow and you can see Carlo who runs the service really knows his stuff and puts a lot of time into making the selections.

Hopefully that will be borne out by the results in the long term.  

 

 

 

 

 

 

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Premier Football Investments – Results Update

13th February 2017

Premier Football Investments has continued its good form, adding another two points of profit since our last update.

That means they are now 3 points up for the trial overall.

You can view full results here.

It has been a good comeback from them because we were 6 points down at one stage, so they have battled back from a rough start.

Let’s hope for more of the same over the remainder of the trial.

Back soon with more updates. 

 

 

 

 

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Premier Football Investments – Results Update

28th January 2017

It has been a good run over the last couple of weeks for Premier Football Investments, who have added five points of profit since our last update.

That now takes them into profit for the trial overall, albeit just one point up.

You can view full results here.

We have just over one month left in our trial, so let’s hope the recent form continues and they push on with banking some more profits. 

 

 

 

 

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Premier Football Investments – Results Update

13th January 2017

A small improvement for Premier Football Investments since our last update a month ago. They have added 2 points of profit since then, taking them to 4 points down overall. 

You can view full results here.

With the winter breaks for most of European leagues, the bets have been a little lighter lately, but things will pick up once the fixture list gets going again.

Let’s hope that leads to things picking up for Premier Football Investments and moving into profit. 

 

 

 

 

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Premier Football Investments – Results Update

12th December 2016

A tough start to our trial of Premier Football Investments, with 6 points lost so far since we started following the tips at the beginning of December.

You can view full results here.

Most of the bets are in the Asian Handicap market, although of course you can often create these bets using other markets such as Draw No Bet or by laying.

Hopefully the rough start is just a blip and we will get back on track very soon. 

In the meantime, you can check out our guide on how to win your football bets here. 

 

 

 

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Premier Football Investments – New Review

29th November 2016

We are always on the lookout for new football tipping talent here at Honest Betting Reviews and today we were contacted about a very interesting-looking new tipster.

The e-mail we received was from John Baker of Banker Bets fame, one of the top football tipsters we have reviewed here at the site. We always take note of  anything John says as he one of few honest and transparent figures in the tipping and betting systems business.

So we were particularly intrigued by this new football betting specialist John brought to our attention. This specialist’s name is Carlo and he is a full-time betting professional based in Rome.

Carlo has apparently been sending John his bets for about a year now, and after seeing both his first-rate knowledge of betting markets and excellent results over over a prolonged period, John agreed to enter into a partnership with him on a new betting service featuring his tips.

So back in August they narrowed it down to what would be most effective and convenient for a public service, with bets sent out once per day by email.

Since this was all finalized results have been outstanding with more than 27 points profit from a 20 point starting bank (136% capital growth) in the first three and a half months.

That is superb stuff and if repeated over long term would mean we have found something very special here. 

What we think is even more exciting about the results having examined the spreadsheet is the strike rate for the bets so far, which stands at 65%.

That means a good majority of the bets so far have been winners, which is a great from a punters’ point of view because it means you can stake a reasonably high levels. Plus psychologically it is easier if you are not having to contend with long losing streaks all the time. 

The service is called Premier Football Investments and you can check it out here. 

Most of the bets are in the main European leagues and the majority of tips come from alternative asian-handicap markets that not all bookmakers offer, which means you will probably need access to one or more of the following bookies to get the most out of the service: Betfair, Bet365, Unibet, 1xBet, Pinnacle, SBOBET or a third party bet broker such as AsianConnect or Samvo.

The great thing is that you can get a two month FREE trial starting on 1st December, which is a fantastic way of checking out the tips and seeing how they get on before committing to a paid subscription.

We will be commencing a three month live trial here on the site, so you can also follow the results on this page.

We will be back soon with our first results update on how things are getting on.

In the meantime, you can get your FREE trial of Premier Football Investments here. 

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The Value Machine – Final Review

We have reached the end of our three month trial of The Value Machine and here are the final results:-

 

Profit/loss:    -14 points
Strike Rate:    14%  
Bank Growth:    -6%
Cost:   £7 for first 14 days then £57/month or £147/quarter 
ROI:    -1%
Average number of bets:    12 per day
VERDICT:   NEUTRAL
Rating: 

 

You can view full results here.

 

The Value Machine – Full Review

 

The Value Machine is a piece of software that finds value bets for horse racing. 

It does this by looking for instances where the bookies’ price for a horse is above that on Betfair. As Betfair has been shown in numerous studies to be a perfect market – i.e. to predict accurately the chances of a given horse winning, then in these instances the bookies must be wrong.

The software is very easy to use. You just open it up, click on the afternoon or evening’s selections and they are produced instantly for you.

Then it is just a case of placing the selections, which can take a bit of time as there are on average over 10 selections per day.

We had high hopes for this coming into our trial, as the system on which it is based – the Morning Value Service – had amassed over 3,500 points of profit over five years.

And certainly the logic to it seems sound.

However, unfortunately over our trial, we made a loss of 14 points to the best available bookies price.

That was over the course of more than 1100 bets, so a massive sample size!

At Betfair SP, the results were worse, with a 45 point loss being made. 

And taking the best available Betfair price at the time selections were generated did not seem like a tenable option, as that made a 66 point loss over the trial.

It was disappointing to have made a loss, but of course it may just have been that we hit it at a bad time. Indeed, early on in the trial we went over 100 points up, so clearly there is potential here.

You can see how things went in the profit graph below:

As you can see, we were in profit for most of the trial but went on a huge losing streak towards the end, dropping over 100 points. 

However, more worrying for us is the actual viability of this system.

During the trial, we had our Stan James account closed, which we had for over 10 years and had not even been limited before.

We also had another account limited, which was frustrating.

This problem did not seem limited to us either, as we were contacted by other users who said they had lost bookie accounts when using this.

It is possible that the bookies see people who are using this as arbers, as in theory when the Betfair price is above the bookies’, it could be an opportunity to arb.

Or perhaps they just someone who is exploiting value.

Either way, the bookies really don’t seem to like this and that presents a significant problem for users.

There are of course always steps you can take to try and keep your bookie accounts open, but it is not an ideal situation.

So overall, unfortunately we are not able to recommend The Value Machine at this time and award it a NEUTRAL rating.

 

Service Breakdown

Ease of use:  There are a large number of bets to place, so you do have to allocate some time to placing the bets, say around 20-30 minutes per day. 

Availability of prices:  As mentioned above, this is a big concern. A fair proportion of the bets come from just one bookie and it often Stan James. However, Stan James are likely to close your account if you place lots of these bets with them. Using Betfair SP does not appear, on the basis of our trial, to be a viable angle to long-term profit. So you may have to make do long term with taking with taking slightly less than the best available price in some instances.  

Strike rate: The strike rate for the trial was low at just 14%, which is quite a bit below what is stated on the website, i.e.  17%. 

Advised Betting Bank: A 250 point betting bank is advised, which we think is about right. From the high to low, we experienced around a 120 point drawdown, so about half the bank. Anything less than a 200 point bank would be at risk of going bust. 

Subscription costs: The subscription costs are £7 for the first 14 days then £57 per month or £147 per quarter.  

 

OVERALL VERDICT: NEUTRAL

We had high hopes coming into our trial of The Value Machine and early on it looked like those hopes were being richly fulfilled, as we went over 100 points up.

Sadly though, a slide then set in and we ended up 14 points down at best available prices.

That was disappointing, but what was more worrying was that we had bookie accounts closed as a result of placing these bets, one of which we had held for over 10 years. We also received reports from other users of the same thing. 

The bookies are likely to think you are either arbing or exploiting prices at least, so you are at risk of losing accounts when using this system.

We may well have just hit this at a bad time and no doubt results will pick up for them over time. Indeed, we think the logic of the system is sound.

However, with slight concerns over bookie account closures, we think a NEUTRAL rating is the only fair verdict here. 

 

 

 

 

 

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The Value Machine – Results Update

13th December 2016

The tough times continue for The Value Machine, with a further 36 points lost since our last update.

That means the totals for the trial to date are:

  • Bookies Price Taken: +34 points
  • Betfair Price Taken: -17 points
  • Betfair SP: +19 points

You can view full results here.

So we have lost a large portion of the substantial profit we had build up earlier in the trial and the recent slide has been a little troubling to say the least.

But hopefully things will turn around shortly and we will be back to winning ways. It can’t come soon enough!

 

 

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The Value Machine – Results Update

24th November 2016

A very tough run for The Value Machine since our last update, with 40 points lost at advised prices.

That means the totals for the trial to date are:

  • Bookies Price Taken: +70 points
  • Betfair Price Taken: +22 points
  • Betfair SP: +57 points

You can view full results here.

It’s been a very up and down trial, with some great runs followed by some long losing streaks. However, being 70 points up is still very good going, so we have to take the rough with the smooth and look at the bigger picture here.

Talking of pictures, the other one that is emerging here is that taking the best available Betfair price when selections are generated is not a good option, with it now being nearly 50 points behind the advised prices.

So it seems that if you want to use Betfair, then using Betfair SP is a much better option.

 

 

 

 

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The Value Machine – Results Update

24th November 2016

More fantastic profits for The Value Machine over the last week. 

We have gained another 41 points profit at advised prices since our last update. 

That means the totals for the trial to date are:

  • Bookies Price Taken: +110 points
  • Betfair Price Taken: +71 points
  • Betfair SP: +94 points

You can view full results here.

We had high hopes for the Value Machine coming into our trial and it has certainly not disappointed. The results have been superb and one of the best trials we have seen here at Honest Betting Reviews.

Let’s just hope they open it up soon to all those members who want to join.  

 

 

 

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The Value Machine – Results Update

15th November 2016

There has been an improvement for The Value Machine – a piece of software for betting on the horses – since our last update a couple of weeks ago, with 19 points profit made at advised prices.

That means the totals for the trial to date are:

  • Bookies Price Taken: +69 points
  • Betfair Price Taken: +39 points
  • Betfair SP: +53 points

You can view full results here.

So still ticking along nicely at about the half way point of our trial. 

Back soon with more updates. 

 

 

 

 

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The Value Machine – Results Update

1st November 2016

The downtrend has continued unfortunately for The Value Machine over the last week, with another 10 points lost at advised prices.

Overall though things have still been very good, with a month’s worth of bets now accumulated.

Here are the totals for the trial so far:

  • Bookies Price Taken: +50 points
  • Betfair Price Taken: +24 points
  • Betfair SP: +41 points

You can view full results here.

The best price available at the bookies is still leading the pack at 50 points up, followed by BSP at 41 points up and the Betfair price at the time of the selection coming in last at 24 points up. 

An excellent first month overall, let’s hope for more of the same over the rest of the trial. 

Another warning though that there is a real risk you will have bookie accounts closed if you use this – we have had reports of this from a few members. 

Kieran says he is going to put up a section on the Value Machine website about keeping bookie accounts open, so watch out for that. 

 

 

 

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The Value Machine – Results Update

24th October 2016

There has been something of a correction for The Value Machine since our last update a week ago. 

They have dropped 23 points at advised prices, which was perhaps due as things couldn’t really have gone on in the same incredible way they started.

But overall things have still gone very well so far. Here are the updated totals:-

  • Bookies Price Taken: +59 points
  • Betfair Price Taken: +41 points
  • Betfair SP: +48 points

You can view full results here.

One significant thing to mention however is that we were contacted by a member this week who said his Stan James account had been shut down – not just stake-limited, but actually shut down – as a result of bets placed using The Value Machine.

That is a significant problem because a large percentage of the bets The Value Machine generates are with Stan James.

To be honest though, we are not that surprised this has happened and we think there is a real risk bookies will close your accounts if you are using this. The bookies have software that can track betting patterns such as that generated by using The Value Machine.

So that is why we are tracking prices available at Betfair and Betfair SP, to see if the service is still profitable without relying on the bookies.

On that front things are looking good so far, but it is too early to draw any conclusions.

Back soon with more updates.

 

 

 

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The Value Machine – Results Update

18th October 2016

The Value Machine continues to produce excellent results, adding further profit since our last update a week ago.

Here is where we are now after two weeks:

  • Bookies Price Taken: +82 points
  • Betfair Price Taken: +68 points
  • Betfair SP: +75 points

You can view full results here.

Quite outstanding results so far and good to see it is working very well at Betfair so far too.

Back soon with more updates.

 

 

 

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The Value Machine – Results Update

9th October 2016

It’s been an excellent start to our trial of The Value Machine, which is living up to its pre-launch billing.

This is software that finds value horse racing selections at the click of a button. It is the same process as that used by the Morning Value Service, which has made over 3,500 points profit in 5 years.

For the purposes of this review, we are recording selections at the best price available at the bookies when selections are generated, the Betfair price available when selections are generated and Betfair SP.

Here are the results to one point level stakes after one week of the selections:

  • Bookies Price Taken: +66 points
  • Betfair Price Taken: +54 points
  • Betfair SP: +67 points

You can view full results here.

Superb stuff so far, couldn’t have asked for much more really.

There are lots of selections, with 160 bets after just one week, so you need to have a bit of time available to place the bets. 

Although to date the results suggest you could just use Betfair SP, which would save quite a lot of time. 

The Value Machine is closed to new members for the moment, but we understand Kieran may reopen it to a restricted number of new members at some point, depending on how prices hold up etc.

You can get your name down here to be contacted if it does reopen.

 

 

 

 

 

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UPDATE – We have just heard that The Value Machine will be closing its doors on the evening of Tuesday 4th October – so if you want to join up you must do so before then!

You can sign up for a 2 week trial for just £7 here.

 

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The Value Machine – New Review

One of the first betting systems we reviewed here at Honest Betting Reviews was the Morning Value Service, which is run by a guy called Kieran Ward.

It’s a service we’ve followed personally for a long time and is without doubt one of the best systems we have ever come across.

It finds value bets on the horse racing and has made just short of 3500 points profit in 5 years of operating, which equates to over £70,000 profit to just £20 stakes.

We have followed the selections ourselves for two years and can verify that the results are completely genuine and accurate.

The main problem with the Morning Value Service however was that in order to protect prices, Kieran had to limit membership to a very select number of people.

Plus membership was very expensive, at £400 for 3 months. 

However, now he is releasing the tools behind the money-making machine that Kieran has used so successfully over the last few years and at a much lower cost.

It is a piece of software called The Value Machine and it promises to be very special. It is being released at 12 midday GMT on Friday 30th September, but you can get your name down before then to get a copy here.

Basically – as the name suggests – the software generates bets that have inherent value in them.

The great thing about releasing this as a piece of software is that it will mean people will not all be choosing the same bets at the same time, as selections will change depending on the odds over the course of a day – but the inherent value will remain the same.

And as we say, it will be much cheaper than the Morning Value Service. 

Kieran is offering an initial trial for 2 weeks for just £7, followed by £57+VAT per month, so you can get a feel for the software before deciding if you want to proceed.

If the software could match the results achieved by the Morning Value Service, then it would be an awesome betting system and could generate profit month after month for its users – as the Morning Value Service has done.

We are going to be giving the software a full trial here at Honest Betting Reviews to see how well it works.

We are excited about this one – certainly all the contact we have had with Kieran suggests he is honest, hardworking and upfront and we understand a lot of effort has gone into developing the software to be the best it can possibly be.

So let’s hope we have uncovered another gem here – only time will tell of course. 

We will provide regular updates on how the trial progresses.  

In the meantime you can check out the Value Machine here – from 12 Midday on 30th September. 

 

Tennis-Tips.co.uk – Seven Month Update

Back in August we completed a three month trial of Tennis-Tips.co.uk and unfortunately gave them a failed rating after they finished 82 points down at the end of the trial.

However, in fairness to the service we agreed to continue monitoring the results as they said the trial coincided with one of the worst periods in their history and they were confident they could turn things around as they had a long track record of success.

We have followed the tips for a further four months now, giving us seven months of proofing the tips in total.

So how have they fared? Have they managed to pick things up and improve on previous results?

The answer is yes, they have made a significant improvement since our trial ended.

In that four month period, they have made 188 points profit, a pretty decent effort.

That has been made up of the following totals:

  • Free Picks: +2 points
  • Standard Picks (i.e. £14.99/month): -16 points
  • VIP / Premium Picks (i.e. £69.99/month): +202 points

Overall then over the seven months, that means they are 106 points up to advised prices.

We have found though that advised prices are quite difficult to obtain sometimes, so you may have struggled to match those totals if you had been following the tips. 

Realistically you would probably be looking at deduction of 30-40% off the advised price totals, so you might have been looking at around 60 points profit over the seven month period.

On that basis though, we are happy to upgrade Tennis Tips from a failed rating to a NEUTRAL one and to recommend them as a tennis tipster.

We will continue monitoring results and hopefully things will continue in the same vein, at which point we could consider moving them up to a passed rating.

In the meantime though, it’s well done to the team at Tennis-Tips.co.uk for turning things around and good luck for 2017.

OVERALL RATING: NEUTRAL

 

 

 

 

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Tennis-Tips.co.uk – Final Review

12th August 2016 

We have come to the end of our three month trial of Tennis-Tips.co.uk and here are the final results:

 

Profit/loss:    -82 points
Strike Rate:    46%
Bank Growth:    -33%
Cost:   £24.99/month for standard package or £99.99/month for VIP package
ROI:   -10%
Average number of bets:    1.5 per day
VERDICT:   FAILED
Rating: 

 

You can view full results here.

 

Tennis-Tips.co.uk – Full Review

 

It has been something of a struggle to find a winning tennis tipster here at Honest Betting Reviews, despite a good deal of searching and a number of trials.

When we were approached to have a look at Tennis-tips.co.uk we were hopeful that we had found a rare winning system.

Certainly their past results looked excellent and their attitude seemed very professional.

However, during the trial things did not turn out as hoped and we ended up 82 points down at the end of three months of testing.

As you can see from the graph below, things went quickly downhill and touched 140 points down before recovering somewhat towards the end. 

With a return on investment of -10% and a third of the bank being lost, it was a tough three months for them.

It may be that we just caught this at a bad time though, as their previous results over three years look impressive. 

So we will continue to monitor their progress and see if things pick up in the coming months.

Sadly for the time being however, we have to give this a failed rating until such time as the results turn around.  

 

Service Breakdown

Ease of use: Fairly straightforward to use, with tips sent through by e-mail each day, and also reminders in case you missed the tips originally.

Availability of prices: The prices given in the initial e-mails when tips are sent out are best bookmakers prices, which is what we have used when recording our results. However, by using the exchanges you can often beat the advised prices by a few percent.

Strike rate: The strike rate for the trial was 46%, which is well below the 66% stated on the website and explains the sub-par performance during our trial.  

Advised Betting Bank: No betting bank was advised, but we used a 250 point bank for the trial, which suffered a 33% loss over the trial and was 56% down at one point. 

Subscription costs: The subscription costs are £24.99/month for the standard package (which includes ATP tips only) or £99.99/month for the VIP package (which include ATP, WTA and Challenger Tour tips).

 

OVERALL VERDICT: FAILED

We are disappointed that this trial didn’t turn out better as we were hoping to have finally found a winning tennis tipster.

The results coming into our trial were very strong and we were impressed by the professional approach taken by Tennis-tips.co.uk.

Sadly things didn’t turn out well though and with a loss of 82 points and an ROI of -10%, we feel we can only give this a failed rating. 

It may have just been unfortunate timing though so we are prepared to give this more time and continue monitoring it so see if results pick up.

Certainly we like the new website and simplified approach, so they seem to be working hard at providing a good service.

Let’s hope results improve for them as well and we have some more positive news to report soon.

 

 

 

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Tennis-Tips.co.uk – Results Update

29th June 2016 

With Wimbledon in full swing – weather allowing – we thought it would be a good time to update the results of one of the tennis tipsters we are trialing at the moment.

Unfortunately though the news is not good for Tennis-Tips.co.uk.

They have continued to struggle and have lost a further 55 points since our last update a month ago.

That means they are now 82 points down for the trial overall.

You can view full results here.

It is a shame things have been such a struggle for them as we had high hopes for this one coming into the trial.

With lots of action over the next couple of weeks at Wimbledon, hopefully they can turn things around.

We will be back with our final review of Tennis-Tips in July.

 

 

 

 

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Tennis-Tips.co.uk – Results Update

25th May 2016 

It’s been a tough start to our trial of Tennis-Tips.co.uk, who are 27 points down so far at best bookmakers’ prices. 

You can view full results here.

We are recording the results for both their VIP and Elite picks, which are the two subscription options for the service.

The one thing we have noted so far from the service is that staking fluctuates around quite a bit, with staking between 1 and 10 points per tip. 

Early on there were a lot of 1 and 2 point stakes with the occasional 5 point stake, but recently there have been quite a few more 8-10 point stakes.

So to follow this service we think you would need a reasonably-sized bank to cover these sometime large stakes.

Anyway, let’s hope things pick up for Tennis-Tips by the time of our next update. 

 

 

 

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Tennis-Tips.co.uk – New Review

6th May 2016 

With the clay court season getting into full swing and the French Open not too far away, it is a good time to be getting a trial of a tennis tipster underway here at Honest Betting Reviews.

This one looks very promising with an excellent record of results shown on their website.

The site in question is the straightforwardly-named Tennis-Tips.co.uk and has been tipping since 2013.

There are basically three categories of tips with the service: –

  • Free Picks – available via e-mail or on their blog: +15 points profit
  • VIP Picks – paid tips for club members: +448 points profit
  • Elite Picks – also paid tips and the best performing of the tips: +680 points profit

The tips are in major men’s and women’s matches and come in a variety of markets including match odds, set betting, game handicaps and others. 

Normally when you are betting on tennis you expect to have a low ROI (return on investment) of perhaps 10% or below as the odds you are betting at are low, with the plus side being that you have a high strike rate.

However, Tennis Tips appear to have established an ROI well above that level, with overall figures of close to 20% and an amazing 37% for their Elite Picks.

That is with an overall strike rate of 56%, which is quite remarkable stuff.

You can get a free trial for 30 days followed by monthly payments of £69.99 for all the tips, which if their past record continues, would actually be quite reasonable.

For instance, from backing their tips since the start in 2013 with £100 stakes, you would be over £12,000 in profit.

And of course with such a high strike rate there is the possibility of compounding your stakes, to make even more profit.

The tips are sent out each day by e-mail and at the end of the day you get a summary of the picks performance with profit figures etc.

So without further ado we will get the trial underway and will be back soon with our first update on how things are going.

In the meantime you can check out Tennis Tips here.

 

 

PMT pic

Pre-Match Trading – Final Review

We have reached the end of our trial of Pre Match Trading and here are the final results:-

 

Profit/loss:    +18 points
Strike Rate:   62%
Bank Growth:    60%
Cost:   £39/month, £106/quarter or £191 for 6 months
ROI:   1%
Average number of trades:   3 per day
VERDICT:   NEUTRAL
Rating:

 

You can view full results here. (please note there are two tabs to the results spreadsheet). 

 

Pre-Match Trading – Full Review

 

Pre-Match Trading is a piece of software that calculates when the odds are out of alignment on Betfair prior to kick-off in football matches, indicating potentially profitable trades to be made.

All trades are completed before the match kicks off so none are left in-running.

There are two ways to use it: firstly, when you are a member they send you e-mail updates with recommended trades, usually on weekends; and secondly, you can operate the software manually to find the trades pretty much any time there is football on.

The vast majority of trades are in the correct score market, with a few in the over/under markets.

You are generally just looking for a tick or two in the odds to trade, so this is just looking for very small discrepancies in the odds. It is a case of little and often rather than looking for big wins.

Overall, what are our views on Pre-Match Trading then?

Well, by using the software manually, unfortunately we couldn’t make a profit during the trial and ended up 0.65 points down by the end. We are not sure why, but this just didn’t seem to work for us – more often the trades went against us than for us.

Using the trades recommended in their e-mails however, we fared much better, making 18 points profit to 10 point (or £10) stakes over the trial.

The trades had a decent success rate of over 60%, which showed they have solid accuracy.

Whilst this was positive however, using £10 stakes we wouldn’t have covered the subscription costs. Even using £100 stakes, would only just have covered the subscription costs.

And you do have to devote a bit of time to it as well, as if the trade doesn’t go your way you need to be monitoring the markets before kick-off to be able to trade out.

Overall then we feel a Neutral verdict is fair here. Whilst the trades did make a profit, you would need to trade at high stakes just to cover the subscription costs and given the time involved, we don’t think it is quite worth it to justify a recommended rating.

 

Service Breakdown

Ease of use:  It will take a bit of time to watch the training videos and figure out how the system works. Following the e-mail advice is more straightforward, with e-mails sent out normally on Saturday and Sunday morning with the day’s trades. As we mention above, you will often need to monitor prices before kick-off to trade out if things go against you. 

Availability of prices: With the e-mails, you need to trade very quickly after you receive them as prices often reduce within a couple of minutes.   

Strike rate: The strike rate for the trial was over 60%, which was a good level and meant minimal losing streaks and a strong proportion of winners.

Advised Betting Bank: No betting bank was advised, but we used a 30 point bank which was more than sufficient and should never be in jeopardy with a system like this where you are just looking for one or two ticks profit. 

Subscription costs: Subscription costs are £39 per month, £106 per quarter or £191 for 6 months. 

 

OVERALL VERDICT:NEUTRAL

Having made a profit of 18 points over our trial, it may seem harsh to give Pre-Match Trading a neutral rating.

Our test when considering whether a passed rating is merited though is whether you would recommend the system to a friend in the pub.

When looking at the PMT package as a whole, we felt we probably wouldn’t be able to do this. You would need quite high stakes just to cover the subscription costs and even with £100 stakes, you would only have ended about 70 quid up at the end of trial.

Plus you would have had to put in quite a bit of time to make that, so on reflection it didn’t quite seem worth it to us.

If you are wanting to do some football trading, then we would recommend another product from the same team – Football Trading Alerts – which passed our recent trial with flying colours.

 

 

 

 

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Pre-Match Trading – Results Update

4th November 2016

Firstly apologies for the delay in updating the results for Pre Match Trading. We started things towards the end of last season but didn’t quite have enough time to get our head around it and then we were into the Summer break.

We wanted to get a decent look at the selections in the main season, which we have now been able to do.

So how are things going?

Well, we have separated things into two different approaches: 

  1. Following the trades they send out by e-mail
  2. Doing manual selections using the software

On the first count, the selections have been doing fairly well. We are £5.47 up using £10 stakes, which is obviously a profit but it has been quite a lot of work to generate such a small sum.

On the second count, we are £1.34 down so far. 

You can view full results here. Please note that there are two tabs to the spreadsheet – please see at the bottom of the spreadsheet for the two options.

We are not sure why we should be doing worse than them, other than that perhaps they send out the strongest selections where as we are just picking any identified by the software.

Anyway, we will run the trial for a little longer to see where it ends up and whether we can do a little better with the manual selections.

 

 

 

 

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Pre-Match Trading – Results Update

15th May 2016

Unfortunately we haven’t had as much time as hoped to look at Pre-Match Trading, a tool that helps you to trade the Betfair markets before kick-off.

After learning how it works and trading a few initial matches, our attention was then taken away by some issues with our website and e-mail.

And now that the main football season has come to an end, it is probably not a great time to be using the system as it does rely on having good liquidity in markets like the correct score to get the most out of it.

So what we intend to do is to take a proper look at it over the Euros and then provide a proper results update then.

In the meantime, what have our thoughts on Pre-Match Trading been so far?

Well, it is reasonably straightforward to use.

You log in and look at the various matches that are available.

Then potential discrepancies between the Betfair odds and what the PMT Scanner thinks the odds should be are highlighted in red.

So you can then go onto Betfair, either back or lay the relevant selection (depending on which way the odds are predicted to go), and wait and see what happens.

They advise that the best time to trade out is a few minutes before kick-off, but you can obviously trade out well before that if you like – or certainly as soon as the expected price has been hit and you can secure a profit.

There are two potential ways to use the PMT subscription – one is to follow the selections that are sent out by e-mail by the PMT team and the other is to manually scan markets yourself and see what opportunities you can find.

Our experience of using their selections was that they are generally pretty accurate, but often prices go very quickly so you can’t make the trade, or you request a price and the bet never gets matched.

It was a similar case for finding our own selections – most of the time they were accurate, but quite a lot of the time bets didn’t get matched.

Generally we were trading £100 per selection and making a few quid per trade, so you are talking a slow bank builder here rather than a get rich quick scheme.

Overall our impressions so far are good and we will return when we have some more established results to report.

 

 

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Pre-Match Trading – New Review

3rd April 2016

With the growth of the betting exchanges, we punters have been given the opportunity to trade sports markets in the way that people trade the stockmarket and forex markets.

We can now not just gamble, but set up trades that take advantage of the movement in odds without needing to worry about who is going to win a particular match.

It is quite an attractive proposition, to trade markets with the kind of cool detachment of a professional trader.

With this opportunity presenting itself, it was surely only a matter of time before some clever people designed software to take advantage of the movement in odds to make a profit.

And that is what we have with Pre Match Trading (or slightly unfortunately also called “PMT”), a piece of software designed to set up successful trades on football matches before they have even kicked off.

The programme is based on probability theory and statistics and compares prices in certain markets with those in secondary (but related) markets to spot any discrepancies that can be exploited.

The main markets it looks at are the correct score and over/under markets, although there has recently been an addition of “draw inflation” which allows you to look at potential value in the match odds market. 

The software apparently has a very high strike rate, so it will be interesting to see if that is shown during our trial and how much money you are able to make out of each trade. 

Subscription costs are £20 for 14 days, £39 for 1 month or £106 for 3 months.

So without further ado we will get our trial of Pre Match Trading underway and will revert soon with out first update.

The Naked Trader – Final Review

We have reached the end of our trial of the Naked Trader, but rather than doing our normal numbers table summarising the results, we thought it would be more useful to sketch out our final conclusions on what we have found by following Robbie’s service.

So here are our findings:-

 

  1. There is no point following Robbie’s trades

As we suspected, there is absolutely no point in copying Robbie’s trades based on the results of our trial.

After more than four months of trying to copy his trades, whilst Robbie has made over 200% profit, we have in fact made over 100% loss!

Yes I will repeat that again just in case you missed it – whilst he made a whopping profit, we made a substantial loss. Ouch.

You can view full results here.

Basically the problem is that by the time you have found out about a trade that Robbie has made – which is usually a week or two after he has bought or sold the share, the price will invariably have moved against you.

Now you may be wondering why this is. Surely, all else being equal, at least a portion of the shares would stay roughly the same price, or on a few you would expect the share to fall after Robbie has bought it, or rise after he has sold it.

Well sadly not.

This may be because Robbie is so damn good at picking shares, he knows when to buy (just as a share is about to go up) and when to sell (just when a share is about to go down).

Or the cynical among you may think that there is the possibility of what is often called “aftertiming” – i.e. picking shares after they have gone up and then saying you had bought them earlier.

Who knows? We don’t think that is the case as frankly we don’t think Robbie could have maintained his reputation and made as much money as he apparently has if he wasn’t actually very good at picking shares but was just aftertiming. Plus he seems like a standup guy from what we know of him.

Either way, the bottom line is you shouldn’t try copying his trades because in all likelihood you will lose money based on the results of our trial.

It would be great if Robbie offered a share picks service where he sent out e-mails or texts right after he has bought or sold a share, like many services we know do, but alas he seems reluctant to do so.

Hopefully at some point in the future he will consider doing so…

 

               2. Robbie has big bucks to trade with

When you look at Robbie’s results, it is tempting to think you can make similar amounts to him by following his process.

Beware though that Robbie has huge amounts of money to invest. At any one time, he may have well over £100,000 invested in shares and sometimes closer to £200,000.

For most people, investing those amounts is not feasible. You may look at his results and see that he has made say £80,000 profit in a year and think you can make similar amount.

But that would only be realistic if you had the huge sums that Robbie does to invest, often buying £10,000 worth of a share.

In one of his books, Robbie says that realistically, if you are really disciplined, follow his advice and do all the things a good trader does, you could make around 15-20% profit per year.

If you have £10,000 to invest, that would £1,500 to £2,000 profit per year. Think about that and whether it is worth the time needed and the risk to make that kind of money.

For some people it will be and they enjoy doing the research and the enjoyment of owning shares, but for others it may be better off looking to an investment trust or independent financial advisor to invest their money so that you don’t have to do all the research.

But either way you are unlikely to become a millionaire trading shares unless you have a large amount to invest in the first place and are prepared to wait a number of years.

 

       3. A few big winners make all the difference

Looking at Robbie’s trading history and reading his books, the thing that jumps out is how significant some of his trades have been.

Just the top 30 trades he has done have made over £230,000 in themselves and the top 10 have made over £118,000.

And that doesn’t include those shares that he still holds, some of which go back many years.

Some of these have gone up hugely, by 10 or even 15 times, so those will be worth many tens of thousands of pounds now as well.

So it really does emphasise the point Robbie makes in his books about riding the winners and shedding the losers.

If you can turn a few into 10 or 20-baggers, you can put up with quite a lot of shares that don’t do very much or make a small loss.

 

      4. His books are very good

We have read a lot of books over the years about buying shares and making money in general and we have to say that Robbie’s are among the best.

They are amazingly easy to understand and very clearly written. So much of the jargon of share dealing is demystified and things explained in plain English. There is a lot people not just in the financial sector but anyone writing a how-to guide or self-help book could learn.

The other thing that is so good about the Naked Trader is that it gives you a step-by-step guide to picking shares that is very specific. So many books like this talk in theory and generalities which sounds good but then you think “what am I actually meant to do to implement the ideas?” 

You won’t have that here – everything is set out for you so will know exactly what to do.

 

So there you have it, hopefully that has given you a bit of a sense of how best to follow the Naked Trader and what to expect if you do. Ultimately it is not a get-rich-quick-scheme but rather a useful guide to buying and selling shares and that is what you should take it for.

 

 

 

 

 

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The Naked Trader – Results Update

10th October 2016

There has been a reasonable amount of activity from the Naked Trader (aka Robbie Burns) since our last update at the end of August.

From following his trades, of those that are closed, we are currently 4.5% in profit, versus Robbie’s profit of 93.7%.

You can view full results here.

So a huge difference there and it underlines the difficulty of making any money from following his trades. 

Of those trades that are still open, we are generally also buying at much higher prices than Robbie, so it looks like this is not really an avenue to profit.

Of our own trades, MXCP has fallen slightly to 2.92 and Opti has stayed steady at 70.45, whilst Purplebricks has risen to 134.50. 

Back soon with more updates. 

 

 

 

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The Naked Trader – Results Update

29th August 2016

Not much to report for the Naked Trader, as Robbie is on holiday until 8th September so new trades or closed trades from him since our last update.

In terms of my own trades following the advice in Robbie’s books, both are going well.

MXCP, which I bought at 2.9p is now up to 3.19p at the time of writing and Purplebricks, which I shorted at 145p, is now trading at 129.2p.

I have also invested in Optibiotix Health (OPTI) at 71p.

This is a very interesting little biotech company that works in the field of the microbiome.

If you don’t know what the microbiome is, don’t worry, neither did I. It is basically all the billions of microbes that live in your gut and around your body. 

It is a relatively new area of science but they are discovering that by tinkering with these microbes they can have a huge impact on human health. It’s kind of like those yoghurts with “good bacteria” in them, except with much more potential.

Anyway, OPTI are making great strides in this field and have over 40 patents already secured. They are focusing on the foods markets for things like cholestorel, weight loss and diabetes, which are much quicker to market than going down the drug trials route, which can take 10-15 years. 

They already have deals signed with some big multinational players and have a number of other deals pending.

If any of their patented strains really hit the mark then this could be huge, but even if they don’t they should be generating steady revenues soon and there is room for solid growth. One to tuck away in a draw for a while and see how big it can become. 

 

 

 

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The Naked Trader – Results Update

2nd August 2016

At the time of our last update on the Naked Trader, we said we would be focusing more on the overall package offered rather than just following the trades blindly.

So we are going to take a look at a couple of things in this update – firstly our own share trades based on the advice in Robbie’s books.

Secondly, we have recently purchased and read his book “Trade like a Shark,” so will give our initial thoughts on that.

 

Robbie’s Trades

But before that, a quick word on how Robbie’s own trades have been going.

Well to be honest, the main takeaway we have so far is that it seems fairly pointless, in that by the time they are posted on his website or in his fortnightly e-mail, the prices have changed completely.

You can view full results here.

This is akin to the popular tipsters like Pricewise and Hugh Taylor, who once they have given out a selection, the price crashes and all the value is gone.

Well here we have a situation where pretty much all the shares Robbie has bought have gone up considerably in price by the time you hear about them.

So not ideal by any means.

 

Own Share Trades

Right, moving on to our own share trades, we have made two so far.

MXC Capital (MXCP)

First up I have bought into a company called MXC Capital. They are a merchant bank that specialises in the technology and IT sector. 

They have a great business model, in that they basically advise companies in the tech sector on takeovers and mergers etc. In doing this, they advise on and execute the transaction, secure the funding and then add the operational management experience to drive the strategy of a particular company.

So they get big fat fees for advising on the transaction, get shares in said company at a considerable discount, then use their expertise to drive it forward and make the shares that they hold worth more! Clever stuff.

So far they have done this with spectacular success, with all seven investments they have made growing considerably. Their investments of £31m are now worth £73m in a short space of time. 

Plus they posted £12m in post-tax profits this year from what they have been making on the deals. 

They have a policy of returning some of the returns to shareholders, which was done this year by way of a share buy-back, thus increasing the attractiveness of the holding. 

I really can’t understand how they are only valued at a market cap of just over £100m with investments worth £73m plus posting £12m a year in profits.

So MXCP seems to fulfill all of Robbie’s criteria set out in the Naked Trader – all of its statement are very positive and produce plentiful green under his traffic light system. Its profits are well over 10x its market cap, it is a good size company (over £100m) and has a clear, effective business model with experienced and skilled management.

So I bought in at 2.9p and expect to hold this for a good time if it grows as anticipated. I have put in a stop loss at 15% below my buy price.

 

Purplebricks (PURP)

At the other end of the spectrum in terms of value is the online estate agent Purplebricks. 

This is a classic example to me of a company that is overhyped and is valued almost entirely on PR rather than actual numbers.

If you break it down, they are valued at over £350m and yet they only generated £18.6m in revenue and made a £10.5m loss last year. 

They have a target of 3,500 new instructions pcm to maintain their own growth forecasts, but at the moment are barely managing 2,800. 

They have the difficulties of a slowing housing market following Brexit and a rapidly decreasing number of sales, plus new rivals to contend with like Yopa. 

In their results a lot of this is glossed over by mention of “£2.8 billion of house sales,” which is actually irrelevant when you consider they charge a fixed fee and that any company involved in housing can make figures look good by quoting aggregate house price sales in today’s market.

So on the basis of all this, I think they are one of the most overvalued companies in the history of the market and have put in a big SHORT of them on the spreads at 145p.

 

Trade Like a Shark

Finally, as I mentioned, Robbie has released a new book called Trade Like a Shark which we will be reviewing separately, but a quick heads up that it is very good guide to trading psychology and could be applied to all forms of investing, not just share trading. 

Back soon with more updates.

 

 

 

 

 

 

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The Naked Trader – New Review

24th June 2016

We just wanted to do a quick update on our review of the Naked Trader (aka Robbie Burns).

It is not that we have any results yet, but rather than we received an e-mail from Robbie pointing out the dangers of copying his trades.

We did mention this when kicking off the review below, but did want to stress again that Robbie does not advised copying his trades. 

Robbie has emphasised that those “copying” him would be buying a share blindly that might already have risen a lot and he might be considering selling.  

If you “copied” a trade there is a danger that there could be a profits warning. Robbie would be out
and take his loss. However someone who “copied” may not know. A share he bought
recently issued a surprise profits warning. He got out fast but still lost £1,000. Anyone still
holding it a day later would have lost more than half their money. 

To be honest, we would have to agree with Robbie’s sentiments and strongly advise against copying his trades. 

Notwithstanding the advice that we always give about only risking what you can afford to lose, being responsible for your own positions and never following a system until we have at the very least completed our own three month trial and given a clear recommendation, we can see the downsides of trading on a “delayed” basis as you would be here.

We will be paper trading the shares for the review – as much for an academic exercise but also to see how the advice on Robbie’s books and e-mails translates into actual trades and what we can learn from them.

We will also be seeing if we can choose our own shares based on what we have learned and whether we can make a profit ourselves.

So please don’t risk any of your earned cash on copying the trades – keep it in your pocket, or if you do want to spend something, buy one of Robbie’s books and get a good introduction to buying and selling shares. 

 

 

 

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The Naked Trader – New Review

2nd June 2016

When I started out investing in the stockmarket I began by reading Robbie Burns’ book the Naked Trader, which is an excellent guide for those new to buying shares.

It is one of those how-to guides that really takes you through the process step and step and tells you how to make money from shares.

Robbie himself claims to have made over £1 million from trading shares, which is a sizeable sum indeed.

So after reading his book and seeing how successful he had been, I took to the internet to see if there was more I could find out about him.

And so I came across the Naked Trader website, on which Robbie helpfully records all his trades.

At the time of writing, Robbie is over £1,256,000 in profit from all his share trades, plus his spread bets and Big Brother bets.

The thought occurred to me – and I accept I am certainly not the first person who has thought this – what if I just copied all Robbie’s trades?

Could I, too, become a millionaire? 

How nice it would be, just wake up, check the stocks, then off to play golf and spend the afternoon down the pub.

Well sadly as seems to always be the case with these things, it was not quite as easy as it at first appeared. 

Robbie only updates the trades every couple of weeks, so often the price of a stock will have changed quite a bit between when Robbie bought or sold it and when it is posted on the website.

But just how much does it change? Can you still make a nice profit?

Having looked at the history on the site, there are some shares that Robbie holds for many months or even years that double or treble in price, so you should not be losing out much by missing a couple of ticks here or there.

However, to be sure about how much money you could actually make following Robbie’s trades, I thought the only fair way would be to run a live trial.

So here is what I will do – I will sign up to Robbie’s e-mails and then buy the exact same shares Robbie does as soon as I receive the emails. 

Then I will record the results here on the website and see how much money I make.

We will probably need to run the trial for longer than the normal three months, so six months is probably more reasonable to get an accurate picture of what kind of money you can make.

Now just to say that Robbie doesn’t actually advise following his trades – but then who is he to stop us!

Anyway, it should be a fun trial and it will be interesting to see if we can learn anything from a master. Robbie is primarily a fundamentals man and looks at a company’s performance and likely direction rather than studying charts and using complex software. 

In fact his approach is refreshingly simple and is quite unusual in this day and age when everyone seems to want to make everything more and more complicated.

Let’s see how Mr Burns does under the spotlight and hopefully he can make us a few bob.

In the meantime you can check out the Naked Trader website here.

 

racing investment pic

Racing Investment – Final Review

We have come to the end of our three month trial of Racing Investment and here are the final results:-

 

Profit/loss:    -10 points
Strike Rate:    37%
Bank Growth:    -6%
Cost:   £40+VAT/month or £80+VAT/quarter 
ROI:   -2%
Average number of bets:    1 per day
VERDICT:   NEUTRAL
Rating:

 

You can view full results here.

 

Racing Investment Full Review

 

Racing Investment is a horse racing tipster from the Bet Fan group of tipsters. 

Coming into our trial, they had amassed some astonishing results, racking up over 600 points profit at an almost unheard of return on investment of 91%.

However, as is often the case in this business, the trial results didn’t live up to the pre-trial results and we are left somewhat disappointed here.

Overall, we have finished 10 points down after three months. Given that all selections are backed with 5 points, it is the equivalent of being just 2 points down to 1 point level stakes.

That is very close to breaking even, so we think a neutral rating is a fair judgement here. 

Looking at how things went in graph format, we can see the volatile nature of the results:

However, it should be borne in mind that the 5 point stakes accentuate the up and down nature of the results.

One thing to note though is that they finished 48 points down at Betfair SP, so it is questionable whether the service is practical to follow at BSP.

 

Service Breakdown

Ease of use: Tips are sent out in the morning (or you can log in to the Bet Fan website) and there is an average of just one bet per day, so it is a very simple service to follow with minimal time commitment. 

Availability of prices: Prices are generally fairly available and you shouldn’t have too many problems getting the advised price. However, as we state above, the Betfair SP results were quite a bit worse so beware of using BSP. 

Strike rate: The strike rate for the trial was 37%, which is quite a bit below the pre-trial average of 61%, and explains why the results weren’t as good during our trial. 

Advised Betting Bank: No betting bank was advised, but we used a 150 point bank for the trial and it was never in jeopardy during the trial.

Subscription costs: Subscription costs are £40+VAT per month or £80+VAT per quarter.

 

OVERALL VERDICT: NEUTRAL

We had high hopes for Racing Investment coming into our trial, which had the almost perfect trifecta of great results, at a high strike rate and phenomenal ROI.

However, as we see so often here, it couldn’t reproduce those results under a live trial and ended up more or less breaking even at advised prices over our trial.

So the only fair verdict seems like a neutral rating here.

We will keep an eye on things to see if results pick up, but for the time being its a watching brief for this one.

 

 

 

 

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Racing Investment – Results Update

13th October 2016

It’s been a disappointing time for Racing Investment, who have dropped 12 points since our last update to be -3 points for the trial overall at advised prices.

You can view full results here.

At Betfair SP things have been considerably worse, with 29 points dropped since our last update to be -39 points for the trial overall.

We had high hopes for this service as the results coming into our trial were outstanding, but as is so often the case, they have failed to reproduce those results under the spotlight of a live trial.

Anyway, only a couple of weeks left in our trial of Racing Investment, so let’s hope for a good finish from them. 

 

 

 

 

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Racing Investment – Results Update

17th September 2016

A bit of a decline for Racing Investment since our last update unfortunately.

They have lost 28 points since our last update at advised prices, leaving them at 9 points up for the trial overall.

You can view full results here.

At Betfair SP, things are slightly worse, with 39 points dropped since our last update to be 10 points down for the trial.

Hopefully this is just a minor blip for Racing Investment and things will get back on track soon, as their results coming into the trial were highly impressive.

 

 

 

 

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Racing Investment – Results Update

23rd August 2016

Our pre-trial expectations have for once not been let down, so far at least.

We started out this trial with high hopes that we had found something special in the form of Racing Investment.

And the first month has been very good, delivering 37 points of profit at advised prices and 29 points profit at Betfair SP.

You can view full results here.

It is a very simple service to follow, with generally just one bet per day. And with a high strike rate, it has been low stress so far as well. 

So far so good then for Racing Investment. Let’s hope for more of the same going forward.

 

 

 

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Racing Investment – New Review

25th July 2016

Today we are commencing a new trial of a horse racing service called Racing Investment.

This is a horse racing tipster that looks highly promising.

As those of you who have been following Honest Betting Reviews for a while know, there are a few key ingredients we look for when searching for a good tipster.

Other than the obvious good profit levels shown – in this case over 660 points profit to date – we want to see consistency. Has the tipster had a majority of winning months?

In the case of Racing Investment, every month so far has been profitable, so check.

Then we look at strike rate – does the tipster have a high strike rate, meaning losing runs will be short and staking can be higher?

In this case, the strike rate is a very impressive 61% – meaning more bets have won than lost so far, which is very encouraging indeed – check.

After that it is a case of checking out the return on investment (ROI). In this case that is also exceptionally high, at an astonishing 91%.

We actually struggle to remember a service with such a high ROI – so it’s certainly a check on that front.

Next up we consider how the results stack up at Betfair SP. For many of us who have had our bookie accounts closed or limited, being able to make a profit at Betfair SP is crucial.

Well it’s good news on that front too – the Betfair SP results are also very strong, with 522 points profit made to date at a return on investment of over 70% – check again.

Finally, we look at how long the service has been going.

Basically it’s a case of the longer the better. If a service can demonstrate a winning record over a long period then it is unlikely to be just chance and more likely that they have a genuine edge over the market.

Racing Investment doesn’t quite score on this front as it’s only been going since January 2016, but by the end of our review we will have three months more results to chalk up and a better feel of the long-term profitability of the service.

With such an impressive record to date, we really couldn’t resist testing this out and are genuinely excited about its prospects.

We also like the fact that the sales page is – well, fairly non-salesy – and focuses on the fact that the service is based around a business model and shrewd investing, not gambling.

Anyone who takes such an approach is much more likely to succeed and the results so far certainly back that up.

Anyway, enough of the build-up, let’s get things going and kick off the trial.

We’ll be back soon with our first update.

In the meantime, you can check out Racing Investment here.