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!

Betting In the Know Profit Graph

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. 

 

 

 

 

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