We are going to take a look here at Equine Investments, one of the most renowned horse racing tipsters out there.
The service is run by a guy called Laurence Lambourn, a professional gambler himself who was banned by the bookies so set up the Equine Investments tipping service instead in 2002.
We are going to do a quick review of it here rather than our usual three month trial as the service is closed to new members so not much point doing an in-depth review of a service that the vast majority of you won’t be able join!
However, there is a waiting list and places do become available occasionally so it is probably worth describing what the service is all about and whether it is worth joining the waiting list.
So we will break things down and look at the various aspects of the service.
We have been following Equine Investments for approximately the last 5 years and can vouch that the results published on their website are accurate.
And what results they are!
They have made over 1700 points profit since starting tipping in 2002. So in other words if you had been following them at £100 per point since they started you would currently be over £170,000 up!
That is with an almost unparalleled return on investment of 30%, which is simply amazing over such a long period.
Every year has been a winning year and some of the better years have seen ROI of over 50% for the year, which we have barely ever seen before in the world of tipping.
With results as good as those you are probably thinking there must be a catch.
Well you’d be right – there are in fact two catches.
The first catch is odds availability.
When we first started using the service back in 2009/10, the prices of selections would get hit in quite significantly, but it was just about possible to still get close to the advised price if you acted quickly.
However, as time went on and the success of the service grew and grew – and members were no doubt increasing their stakes as they built up considerable banks – the prices just got hit in too much.
It became very difficult to make a profit from the service and so Laurence decided to change the way they operated.
Firstly he tried separating things into two different types of selections – with the main account bets and then “shortlist” bets which were not quite as strongly fancied but still worth backing.
However, that didn’t seem to quite work and so a new setup was established – which leads us onto the next section…cost.
The second “catch” if you like with Equine Investments is the cost. It used to be around £1200 for the year, which meant it was only a service for the very serious player.
But then Laurence decided – because of the odds availability problem mentioned above – to reduce the number of members and run the service in “cycles” rather than years.
What this meant was that you would now pay a fixed fee for a pre-determined amount of profit and when that was reached you would have to pay again for the next cycle.
The cost of each cycle is £825 and for that you get £3000 of profit to £100 stakes, or 30 points profit in other words.
So if you could get the advised prices, that would be around £2175 profit per cycle once fees were deducted.
Do a couple of cycles per year and you are talking a nice 4 grand or so of profit. And of course some people will bet more than £100 per point so will make more than that.
To try and protect prices, the service was also split up into two groups when the cycle approach was adopted.
Group 1 is made up of 15 members and bets only in high class races at weekends and in festivals, where prices are likely to be more solid, with greater liquidity and less liable to be influenced by a small group of people.
Group 2 is made up of 30 members and bets in all types of races, with a higher volume of bets than Group 1.
Our own experience was that we found Group 2 still suffered from the same price availability problem as previously and it was tough to make a profit.
However, Group One works very well and although there aren’t that many bets, prices hold up decently and you can normally get the advised price or very close to it.
There is no doubt that Equine Investments has one of the strongest tipping records in the game and with over 13 years of results has proved a very clear edge over the bookies in the long term.
In the world of tipping though, sadly you can become the victim of your own success, as we have seen with our review of Hugh Taylor.
And this has unfortunately been the case with Equine Investments as well, who have seen prices hammered to a level that it is tough to make a profit with the main service unless you are able to act lightening fast and have a wide range of bookie accounts available to you.
However, Group One which only bets in high class races works well and prices hold up strongly. So although there aren’t many bets – usually just 2 or 3 per week – there is the potential to make it worthwhile.
With a price tag of £825 for a cycle (which so far has averaged about 6 months to be completed) this will not be for everyone though and is really only suited to the high rollers.
So there we are, we hope that has given you a good idea of how Equine Investments works and if it is a service for you.