Cleeve Racing – Final Review
We have reached the end of our ten month re-review of horse racing service Cleeve Racing and here are the final results:-
| Profit/Loss: | -128 points |
| Strike Rate: | 41% |
| Bank Growth: | -64% |
| ROI: | -22% |
| Average number of bets: | 1 bet per day |
| Cost: | £40 per month or £329 per year |
| VERDICT: | FAILED |
| Rating: |
You can view full results here.
Cleeve Racing – Full Review
Cleeve Racing is a well-established horse racing tipping service that offers professional-grade tips from a seasoned expert.
With a long history in the industry, they aim to provide punters with consistent profits by leveraging their in-depth knowledge and experience of racing.
We originally reviewed the service back in 2020 when it received a failed rating unfortunately.
However, a change of tipster in 2022 seemed to have resulted in dramatically improved performance, with 340 points profit reportedly made at an ROI of 20% from starting up in May 2022 to the start of our trial in October 2023.
So we were eager to take a look at this new tipster for Cleeve Racing and commenced a live trial of their tips last year.
Results
When it comes to the numbers, the new tipster has unfortunately underperformed across several key metrics however.
Over the review period, Cleeve Racing recorded a Loss of -128 points, which is a substantial decline for any betting service.
This negative outcome is mirrored in their Bank Growth, which stands at -64%—a pretty big hit to the betting bank.
The Strike Rate of 41% (including placed horses) suggests that while nearly half of their bets were successful during our trial, the winners weren’t enough to offset the losses, leading to a negative return.
Their ROI (Return on Investment) was a concerning -22%, meaning for every £100 staked, there was a loss of £22 on average.
These figures highlight the challenging reality for subscribers who have seen their betting bank diminish rather than grow during our trial period.
In light of the results, it’s clear that Cleeve Racing has not lived up to its reputation during our review period.
The combination of a significant points loss, a negative strike rate, and a declining betting bank culminates in an overall disappointing performance.
For now, we have to give Cleeve Racing a FAILED verdict unfortunately.
Unless there is a remarkable turnaround in their results, we could not recommended this service at the current time.
Service Breakdown
Ease of Use: Cleeve Racing is straightforward to follow, with an average of 1 bet per day, making it a manageable service for most punters. Bets are sent out on the day of racing usually, but with plenty of time to place the bets. The tips come with detailed reasoning, providing a good level of transparency and insight into the selection process.
Availability of Prices: One of the service’s strengths is the availability of prices. The tips are usually advised at odds that are widely available across the major bookmakers, which means that subscribers should be able to secure the same odds without too much difficulty.
Strike Rate: The strike rate during our review period was 41% (including placed horses), which is respectable and suggests that Cleeve Racing can find winners on a consistent basis.
However, despite this relatively solid strike rate, the winners have not been enough to counterbalance the losses, resulting in a significant loss overall.
Advised Betting Bank: No betting bank was advised that we could see, so we used a 200pt bank for the purposes of our review. With a loss of -128 points during the review period, that represented a 64% reduction in the bank which is quite a substantial hit.
Subscription Costs: The service is priced at £40 per month or £329 per year at the time of writing. These are relatively high subscription fees, especially considering the results achieved during our trial.
OVERALL VERDICT: FAILED
Cleeve Racing has been a well-regarded name in the horse racing tipping industry and with a new tipster installed in 2022 reporting very promising results, we had high hopes for our re-review of the service.
Despite such hopes however, the service sadly struggled during our review period, recording a loss of -128 points and a troubling ROI of -22%.
Given these results, we must unfortunately give Cleeve Racing a FAILED verdict at this time. We will keep an eye on the service to see if they can turn it around, but for the time being it is not a service we can recommend.
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Cleeve Racing – Results Update
9th July 2024
It continues to be a bit of a struggle unfortunately for horse racing tipster Cleeve Racing, with a loss of 6 points made to advised prices since our last update.
That means they are now 112 points down for our trial overall at advised prices.
You can view full results here.
There’s been a slight improvement at Betfair SP, with a profit of 13 points made since our last update. However, they are still 123 points down for our trial overall at BSP.
Small signs of a recovery lately with 3 winners in the last 5 bets and quite a few seconds over the last month, so hopefully they can build on that and start to reduce the deficit.
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Cleeve Racing – Results Update
29th May 2024
Not much sign of an improvement unfortunately for horse racing tipster Cleeve Racing, with a loss of 4 points made to advised prices since our last update.
That means they are now 106 points down for our trial overall at advised prices.
You can view full results here.
It’s a similar story at Betfair SP, with a loss of 18 points made since our last update and 136 points lost for our trial overall at BSP.
Really could do with a few big winners flying in as we get into the flat season proper now.
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Cleeve Racing – Results Update
16th April 2024
The tough times continue unfortunately for horse racing tipster Cleeve Racing, with a loss of 49 points made to advised prices since our last update.
That means they are now 102 points down for our trial overall at advised prices.
You can view full results here.
It’s a similar story at Betfair SP, with a loss of 54 points made since our last update and 118 points lost for our trial overall at BSP.
We mentioned last time we were concerned we may be a jinx for this service and now we are really starting to wonder if that might be the case!
All we can do is hope they manage to turn things around soon with the flat season proper about to get underway.
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Cleeve Racing – Results Update
14th March 2024
Things just can’t seem to get going for horse racing tipster Cleeve Racing at the moment, with a loss of 15 points made to advised prices since our last update.
That means they are now 53 points down for our trial overall at advised prices.
You can view full results here.
It’s a similar story at Betfair SP, with a loss of 20 points made since our last update and 64 points lost for our trial overall at BSP.
We are starting to think we are a jinx for this service. When we reviewed it a few years ago it struggled, then when our review ended they went and made 340 points profit. Now when we are reviewing again they are down. 🙁
Well it’s just bad luck of course rather than a jinx but hopefully it turns around for them soon.
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Cleeve Racing – Results Update
10th February 2024
Still a little bit of a struggle for horse racing tipster Cleeve Racing recently, with a loss of 8 points made to advised prices since our last update.
That means they are now 38 points down for our trial overall at advised prices.
You can view full results here.
It’s a similar story at Betfair SP, with a loss of 3 points made since our last update and 44 points lost for our trial overall at BSP.
Just a reminder that this is a service we originally reviewed a few years ago, but they got a new tipster in May 2022 and the results since then have been greatly improved, so in many ways this is like a new review.
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Cleeve Racing – Results Update
12th January 2024
Somewhat of a step backwards for horse racing tipster Cleeve Racing over the last month, with a loss of 32 points made to advised prices since our last update.
That means they are now 30 points down for our trial overall at advised prices.
You can view full results here.
It’s a similar story at Betfair SP, with a loss of 33 points made since our last update and 41 points lost for our trial overall at BSP.
Just a reminder that this is a service we originally reviewed a few years ago, but they got a new tipster in May 2022 and the results since then have been greatly improved, so in many ways this is like a new review.
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Cleeve Racing – Results Update
4th December 2023
It’s been a solid start to our re-review of horse racing tipster Cleeve Racing, with a profit of 2 points made to advised prices so far.
You can view full results here.
At Betfair SP it’s been a little bit of a worse start, with a loss of 9 points made to BSP for our trial to date.
Just a reminder that this is a service we originally reviewed a few years ago, but they got a new tipster in May 2022 and the results since then have been greatly improved, so in many ways this is like a new review.
In any event, a solid start so far – let’s see if they can push on from here.
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Cleeve Racing – Re-Review
30th October 2023
Every once in a while here at Honest Betting Reviews we like to give services we have reviewed in the past a second look.
This could be because they have had a significant reversal in fortunes, a change of strategy or have revamped their service altogether.