It is not often we finish a review this early but unfortunately with Guaranteed Winners we have been forced to.
After just about two months, we are sorry to report that we are yet to receive a single bet from Guaranteed Winners.
Nothing. Nada. Nil.
Even after sending them half a dozen e-mails asking what was going on, they failed to produce any meaningful response or tips.
Talk about Guaranteed Winners. Some guaranteed bets would be nice.
We are not sure if this is a scam or just an unfortunate instance where the service has been discontinued and they have forgotten to take the page down.
Either way, it is a FAILED rating from us and a clear warning not to sign up.
Very disappointing that there are still things like this out there but there you are – that is the wild west of the internet!
Today we are starting a trial of a new service, the intriguingly-named Guaranteed Winners.
We aren’t sure how you can “guarantee” winners unless you are doing matched betting, but we are assured this is not a matched betting service.
Anyway, this service apparently earned a computer genius £81,806.34 in just one year.
The tips have a 96.7% accuracy according to the website, which isn’t quite on the level of “guaranteed” (which would be 100%) but is pretty darn close.
So we wonder what odds they tip at with such a high strike rate. It must be very short odds, or perhaps some kind of hedging system.
The sales page tells the story of the author of the system, Eddie Newman, who apparently came from a tough background but learnt computer science and after graduating from university, developed his own betting system using sophisticated algorithms and statistical data.
This system can supposedly now pick winners with over 95% accuracy.
We have to say we are intrigued, but also somewhat sceptical.
Anyway, we will run a three month trial of this and see if the results live up to the promises on the sales page.
We have reached the end of our trial of Betfair Scalper so it is time for the Final Review.
On this occasion however, given that this is a trading guide and no two people will get the same results, we don’t think it is appropriate to do our normal final review with results stats, as they will not be representative of what someone else would have achieved over the same period.
There are so many variables – trading style, number of days and races traded, attitude to risk, staking etc that we think it would be more useful to give an overview of the product and our views on it.
So we will have a look at what it is, how effective we found it, our experience and the pros and cons.
Betfair Scalper – What Is It?
Betfair Scalperis a training course for “scalping” the Betfair horse racing markets in the 10-15 minutes before a race starts.
Scalping, in case you are not aware, is the process of skimming small but consistent profits from trading the movements in odds at the exchanges.
What you are looking for is just one or two ticks of movement in the odds – say from 3.5 down to 3.45 – and then trade out for a profit.
Do this over and over again and you have the potential to make some decent profits.
When you join up to Betfair Scalper, you are given access to ten hours of training videos on how to scalp the markets. The guide is suitable for beginners who don’t know anything about scalping or trading right up to experienced traders.
To scalp you will need to sign up to some trading software such as Bet Angel Professional. This is essential and you simply won’t be able to do the scalps without some trading software.
So the idea is to work your way through the training videos, watch how the trades are executed and then practice until you are ready to go live.
Once you have got the hang of it then it is time to go live and start scalping the markets.
It is important to point out that this is a trading guide rather than a very fixed set of rules where you are told to trade to exact parameters. A certain amount of it is learning to spot the patterns and then getting a feel of when and how to trade.
Does It Work?
Having worked through the videos and tested out the strategies, we are confident to say that Betfair Scalper is a good guide to scalping the horse racing markets and we made a solid profit on the days we used it.
The idea of scalping is to take advantage of movement in odds. Horse racing markets are highly volatile in the lead up to races staring, making them ideal targets for someone wishing to scalp.
As a scalper you are trying to secure just one or two ticks of movement in the odds, which in most cases happens as a matter of course.
Now obviously you have to also predict which way the market is going to move – and this may at first seem like a challenge. After all, if anyone could really predict the way markets move, wouldn’t they be some kind of trading genius and have made millions?
The truth is though that on most occasions, the horse racing markets are so volatile before the off that they will move in both directions – both up and down – which is perfect for us scalpers looking to lock in a profit.
So you don’t really have to predict which way the market will go, you just need to know how to set things up, which is what Betfair Scalper shows you how to do.
It also shows you how to spot general patterns and the likely direction of movement – which is helpful in picking your entry and exit points.
Our Results
As we mentioned above, looking at our results is not necessarily representative of what you would achieve as a scalper as there are so many variables involved.
However, we know many of you will want to get an idea of how we did when using the scalping strategies live, so our results were as follows:
2.9
0.65
1.21
-2.47
0.51
2.03
0.88
1.15
1.54
0.8
During a total of 10 trading days then, we made a profit of 9.2 points, using £2 stakes.
What is encouraging is that nine of the ten days were profitable and most of the time the profits were quite easy to accrue.
Once you have gone through the process of setting everything up and got the hang of it, scalping will become like second nature. It can even be fun – and quite addictive!
Are there any downsides?
The only downsides we can see is that you are only making a small amount each race. Trading using £2 stakes, you will generally only make a few pence per trade.
Now obviously you can increase the stakes and if you are going to invest the time into scalping then you probably should gradually increase the stakes as you become more comfortable with it.
But with increased stakes comes increased risk – firstly that your trade might not be matched (less likely but can happen) and secondly that if a trade goes against you then you have to take the hit.
There is also a general risk with trading – and this comes with all trading and not just BF Scalper – of keeping your emotions in check and staying disciplined.
Anyone who’s done any amount of trading, whether it be on the stockmarket, Betfair or elsewhere, will know the risks that go with it. Overtrading, becoming too cocky, not taking a loss when you should, trading fatigue – these are all things that can happen and can do a lot of damage to your bank.
So we would advise if you are going to do this to watch closely the advice on trading mentality and really apply it, because it is as important – if not more so – than the strategies themselves.
From our own experience, we would also say that it is absolutely crucial to make sure all trades are closed before the race starts – don’t leave an open bet (particularly a lay!) and hope it goes your way in-running. Sods law it won’t!
Sometimes the market will just go against you – it will move in the opposite direction from what you expected and doesn’t come back. You either need to have a stop loss set or take a hit. It is painful but is part of trading.
Conclusion
Overall we are happy to give Betfair Scalper an APPROVED rating as we do think this a genuine, useful trading guide and the strategies worked well for us under live test conditions.
To make it worthwhile in terms of time commitment then you will need to increase the stakes, probably up towards £100 per trade ultimately. But we would advise only doing this gradually and starting with £2 stakes until you are really confident with it.
Obviously you will need to have the time to trade races live, whether in the afternoon or evening.
If you are disciplined and learn the techniques then you can do well with this and we think it is a worthwhile product to add to the portfolio.
We have continued testing Betfair Scalper and continue to be impressed with the results.
Since our last update we have had another seven trading days and here are the results:-
0.65
1.21
-2.47
0.51
2.03
0.88
1.15
So overall that’s a profit of 3.96 since our last update. We have continued trading with £2 stakes to keep things uniform.
Most of the time the trading is quite straightforward and your scalps will be matched without too much worry.
However, there are two points you need to be aware of:
Firstly, sometimes the market goes against you and this is where you have to be careful. The videos do show you how to set up stop losses, but at the same time say it may not be worth having stop losses because they often get taken, just before the market turns in your favour.
Ultimately it is up to you whether to have stop losses or not, but just be aware that sometimes you will put in a trade and it goes against you and never comes back in your direction, so you have to take a loss before the race starts – or have a stop loss in place.
This leads on to the second point – you have to make sure you have closed out all trades before the race starts. If you have a lay bet still open for example, at say odds of 5.0, then it could cost you days worth of trading profit if that horse goes on to win the race without its odds rising during the race to allow you a back bet at a level close to that 5.0. So basically it is a big risk and this should be pointed out more clearly in the videos in our opinion.
So we think that if you are not careful then you can make losses here – ultimately you are trying to predict which way the markets will go and they will not always go your way.
Overall though we are still impressed with this training product and believe it can lead to good profits if the techniques are followed correctly.
We will do just a few more trading days before rounding off our review ofBetfair Scalper shortly.
Firstly we would like to apologise for the delay in updating our review of Betfair Scalper as quite a few of you have been contacting us over e-mail asking for updates.
We have had some technical issues with the site (which you may have noticed!) which meant having to move it to a new server and sorting out some gremlins.
Plus we wanted to take the time to really understand the training videos properly and to be sure we knew what we were doing, to be fair to the makers of the course.
Anyway, now that we have got round to updating our review, what do we think?
Early Thoughts
There are a lot of videos to get through and it is a lot to take in, particularly if you are new to trading the markets on Betfair.
You will need to sign up to Bet Angel Professional (or equivalent trading software), which costs around £20 to £30 per month depending on which package you go for.
It is clearly a genuine product and not just one of these sloppily put together pieces of rubbish you see so many of floating around the internet these days.
These are detailed and clearly worked-out strategies for trading the horse-racing markets before the off on Betfair.
Basically you are looking to trade in the last 5-10 minutes before the race and looking for certain patterns on the candle charts to indicate when to execute a trade.
As the name of the product suggests, this is about scalping – taking one or two ticks profit out of each trade – rather than looking for big swings in prices.
The training is primarily about watching the strategies that the author of the course (whom I believe is called Stuart) and learning from what he does.
It is not a rigid set of rules setting out a fixed system, but rather about learning a strategy.
Or to be more precise, there are two main strategies in the “Basic Scalping” course, which is all we have looked at so far.
So you really need to take some time to watch the videos (some of the main ones more than once), understand the techniques and then practice, practice and practice and some more.
If you do that, then you have a chance of making it a success.
Results
Now we should preface this by saying that everyone who uses Betfair Scalper will get different results. As we say it is not a rigid set of rules so it will depend which races you do, where you enter and exit trades, how many trades you do and so on.
What we have found so far though, both in practice and live, is that it has worked remarkably well.
Our tester has just done his first live day today (only staking £2 per trade), but made a profit in 11 out of 12 races and scratch (level) in the other. The Betfair screenshot for the afternoon is below:
A really good day then, just nice steady profits and no losing races which is reassuring.
Obviously this is just one day so we will have to see a much broader set of results before drawing any conclusions, but certainly so far it is looking good and we are enjoying trading in this way – in fact it can be quite addictive!
Of course the other thing is that we are only trading with £2 stakes, so we obviously need to build these up to a point where we are making enough profit to make the time invested worthwhile. Only making £2.90 for an afternoon’s work – no matter how much fun – is not going to bring home the bacon!
Stuart trades in £50 stakes in the videos but says he trades up to £200 when he is trading himself, so we will aim to ultimately get up at least to £50 – £100 per trade and see at that point how much you could make from trading a day’s races.
Early Conclusion
We like the course and think the strategies set out in it are sound. There is a lot to take in but ultimately it should be worth taking the time to watch all the videos.
The proof of the pudding with these things is always in the eating though – can you actually make any money with it?
So far we would say yes, although it is still early days.
We will aim to test it for another month or so and get a bigger body of results to go on before drawing our final conclusions and wrapping up our review.
Today we are commencing a review of a Betfair trading product called Betfair Scalper.
In case you aren’t aware, scalping is the process of skimming small but consistent profits from trading the movements in odds at the exchanges.
It’s easier said than done, as you can imagine.
The idea of scalping originates from the stock market, where companies spend billions developing bots that can trade at a fraction of a second – apparently as little as a trillionth of a second now – to skim off little amounts from changes in share prices.
So as you can imagine, it is a super-competitive field in the stock market world and a tough place to make a profit whilst competing against the mega banks and financial experts.
However, the Betfair markets are a little less competitive than this and offer up an opportunity to make a profit for the shrewd trader.
Certainly the barriers to entry are much lower, as you can trade for just £2 per bet where as with the stock market you tend to need hundreds or even thousands of pounds to get going.
It is therefore with great interest that we approach this trial of Betfair Scalper, which offers the possibility of making some decent profits from trading without needing to worry about the result of a horse race.
We have heard lots of positive things about this, so start off with expectations that this should be a novel and interesting product to review.
It is primarily a trading course, with over ten hours of training videos teaching you the very same methods the owners use to make hundreds of pound per week.
If the process works, then the great thing about it is you can use it again and again to build up a bank and make a decent second income for yourself.
Plus you don’t need to worry about having your bookie accounts closed as this is all on Betfair, so you can just keep on doing it.
Even if you were just making £2 per race, if you did that 10 times per day it would be £20 per day, or £600 per month.
And of course once you are experienced you could potentially up your stakes and make considerably more than that – quite a tantalising prospect.
Now as this is a training course rather than a set “system,” we plan to do a review of the course and then a sample of our results for a period to give a comprehensive picture of the package.
So without further ado we will get the review underway and will report back soon on how things are going.
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.
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.
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.
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.
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.
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!
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.
https://www.honestbettingreviews.com/wp-content/uploads/shutterstock_743916016-Horse-Eclipse.png375566Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2017-07-11 09:26:192023-08-08 13:34:32Betting in the Know – Final Review
Thoroughbred Betting is a horse racing tipster and is a sister service to the Elite Betting Syndicate, a service we reviewed recently and that passed with flying colours.
Unfortunately we are sorry to say that it hasn’t been the same story for Thoroughbred Betting, who have experienced something of a struggle during our three month trial.
They have ended up 25 points down to advised prices, which equates to a 50% loss of the bank and a -17% ROI.
As you can see from the graph below, it was a really bad run towards the end of the trial that did for them.
At Betfair SP things were even worse, with a loss of 52 points being made, more than double the loss at advised prices.
So it won’t surprise you to learn that this is awarded a FAILED rating and is not a service we could recommend at the current time.
Of course it could just be that we hit the service at the wrong time, but given the scale of the losses we worry about that kind of run happening again.
Service Breakdown
Ease of use: With an average of just two bets per day and tips sent out in the evening before racing, this is a simple service to follow.
Availability of prices: As mentioned above and as with the Elite Betting Syndicate, the prices do get pushed in quite considerably by the off, so you do need to get your bets on quickly. We are not sure based on the results of our trial that the service would be practical to follow at Betfair SP.
Strike rate: The strike rate for the trial was 18%, which is probably quite a bit below where it needs to be to generate a profit.
Advised Betting Bank: There was no bank advised for the service, so we used a 50 point bank which lost 50% of its value during the trial and at Betfair SP was wiped out.
Subscription costs: The subscription costs are £1 for 7 days then £37+VAT per month.
OVERALL VERDICT: FAILED
Sadly when you lose 50% of your bank during a trial the only fair outcome is going to be a failed rating and that is the case with Thoroughbred Betting.
It may have been that we happened to hit them during a particularly bad run, but the scale of the losses was worrying for us and would have tested the patience of most subscribers.
Hopefully they can turn things around but for the time being this is not a service we can recommend.
Sadly a review that started off very positively going 15 points into profit early on has turned around quite significantly in the wrong direction for Thoroughbred Betting.
They have lost 27 points since our last update, meaning they are now 24 points down for the trial overall at advised prices.
As we have said before, it doesn’t look like this service is practical to follow at Betfair SP, with 27 points lost since our last update and 50 points lost overall.
That doesn’t tell the whole story though – we were 15 points up at one stage and 5 points down at another, so as we say a little bit of a mini-rollercoaster.
There is a big difference with the results at Betfair SP though, which are 17 points down so far. It does appear to be a service where you need to get on the early prices with the bookies.
A Thoroughbred – a “hot-blooded” horse known for its agility, speed and spirit.
Developed in 17th and 18th century England, thoroughbreds were a result of crossbreeding imported Oriental stallions of Arabian, Barb, and Turkoman breeding with native mares.
Apparently all modern thoroughbreds can trace their pedigree to just three stallions imported in the 17th and 18th centuries.
Anyway, enough of the history lesson. Thoroughbreds are the topic of our latest trial here at Honest Betting Reviews – a horse racing service called Thoroughbred Betting.
The team behind the service don’t just bet on thoroughbreds, but a wide variety of horses. Having been banned from all major UK bookmakers, they have turned their attention to helping people like us beat the bookies instead.
Using a wealth of knowledge and wide-ranging industry contacts, they have built up a strong methodology to generate profits.
Indeed, the results published on the website look highly impressive – more than £32,000 profit in less than two years at a return on investment of over 130%!
Of course we can’t vouch for those results as we have only recently come across the website, but that is why we will be running a trial now to see if they can reproduce those kind of results under live trial conditions.
Those of you who checked out our recent new trial of Elite Betting Syndicate may notice the similarity in the style of the website and indeed these tips do seem to be from the same stable.
That is good news as far as we are concerned, because the Elite Betting Syndicate has been going great guns!
The other piece of good news is that Thoroughbred are offering a one week trial for just £1, so you can check out the tips for yourself for 7 days before signing up to a longer subscription.
We started receiving the tips on 25th Feb, so we will record results from then onwards.
We will update results here regularly during the trial so you can see how things are progressing.
Robert’s Goal Trader Syndicate, despite what the name may suggest, is a horse racing betting service that provides daily tips for UK racing.
It is run the same person behind TennisTips.co.uk, which we have reviewed previously here at Honest Betting Reviews.
The first thing to remark on with the Goal Trader Syndicate is that staking is very variable.
In fact, it varies between 10 points and 1,000!
Having said that, the one 1,000 point bet came before our trial started and during the trial the biggest stake has been 200 points (which we had once) and few 100 point bets.
So if you are using the service then you need to have a pretty big bank and be prepared for some big stakes on a few of the bets.
In terms of results, it has done well, finishing with 368 points profit to advised prices at a return on investment of 14%.
As you can see below, it was a little up and down but overall always in positive territory.
What is interesting though is that the results at Betfair SP were actually quite a bit better, finishing with 661 points profit.
It is very rare to have a service that does better at Betfair SP than advised prices, so that is quite a USP for the Syndicate.
The only thing to note is that with a large bank required, the profit accrued during the trial only translated into 25% bank growth at advised prices or 44% at BSP, which is very respectable but isn’t as much as some other services we have reviewed here.
All in all though it has been a good effort and we are pleased to say that Robert’s Goal Trader Syndicate is awarded a PASSED rating.
Service Breakdown
Ease of use: There is around one tip per day, with bets sent out late in the evening (quite consistently between 10pm and 11.30pm), so an easy service to follow.
Availability of prices: As we have discussed above, the Betfair SP results actually beat the advised prices, so there is no issue with the availability of prices.
Strike rate: The strike rate for the trial was 35%, which is pretty solid.
Advised Betting Bank: We used a 1500 point bank for the trial, which with a 35% strike rate and average staking at 30 points per bet should be enough, but if you wanted to be more cautious we would recommend a 2,000 point bank.
Subscription costs: The subscription fees are £49.99 per month.
There has been an interesting – and unusual – divergence in results for horse racing tipster Robert’s Goal Trader Syndicate since our last update just over a month ago.
At advised prices, there has been a small decline over that period, with 50 points lost.
At Betfair SP however, there has actually been an improvement, with 67 points profit being made.
That means that at advised prices, we are 262 up points up for the trial, but at Betfair SP we are 466 points up.
It is a rare thing to be significantly better off at Betfair SP than advised prices, so we will keep an eye on this and see if it is maintained in the long run.
If so, it could be a real plus for the service, with so many other services struggling to make a profit at Betfair SP.
Occasionally you are asked to review something and can get the wrong end of the stick as to what it is all about.
This was the case initially with Robert’s Goal Trader Syndicate, which upon seeing the name we thought was a football trading system – or perhaps even tennis as it is part of the Tennis-Tips website.
However, we learned upon closer inspection that it is nothing to do with either football or tennis, but is actually a horse racing service.
Secondly, with the word “Trader” in the title, you could be forgiven for thinking this was a trading system. In fact, it is just a straightforward tipping service with no trading involved.
Thirdly, it doesn’t appear to be much of a syndicate in the traditional sense of the term, rather it is just Robert’s tips which he shares with a small group of followers.
So it reminds me a little bit of the old saying about the Holy Roman Empire – that it wasn’t holy, Roman, nor an empire.
Anyway, enough about the name – that is not really important.
What is important is whether the service can produce regular profits and make some money for us punters.
It hasn’t been going long but results so far look promising.
Since starting out in December of last year, Robert has made over £14,000 profit.
Before you get too carried away with that figure though, please note that staking is high, with stakes ranging between 10 and 1,000 points.
So there probably aren’t too many of you out there who can stake £1,000 on one bet.
However, the return on investment is very good at 120%, so even at lower staking you would have done well so far.
The strike rate has been good so far as well at 37%, so a good proportion of winners.
So looks pretty decent all in all.
Although Robert runs another service we have reviewed – Tennis Tips – horse racing is actually his main speciality. Over the years he has refined his strategy and analytical methods and his horse racing betting makes up a significant part of his annual income now.
Let’s hope we can add to our own annual income with his tips. We will run our normal three month trial of this one, – which we started receiving tips on from 16th Feb – and will update results regularly.
The Professor’s Formula is a horse racing tipster from the Tipster Street stable, who specialises in flat racing on both the turf and all-weather.
Sadly the Professor has had one of those trials where pretty much everything has gone wrong and we have ended up 57 points down in the end.
As you can see from the graph below, at one stage we were actually over 80 points down, so in some ways it could have been worse.
Either way though it has been a painful trial and we have no choice but to award the Professor’s Formula a FAILED rating unfortunately.
Of course it could just be one of those instances where we caught the service at a bad time, but any service that loses such a large portion of your bank will test the patience of any gambler and will be too much for most to bear.
Service Breakdown
Ease of use: There is approximately just one tip per day, which is sent out in the morning of racing.
Availability of prices: With Betfair SP used for all tips, you know you can match the published results.
Strike rate: The strike rate for the trial was 26%, which in itself is no disaster, but there were no really big winners in there to make the low strike rate profitable.
Advised Betting Bank: A 100 point bank is advised for following the service, which came close to being wiped out at one point as we went over 80 points down.
Subscription costs: The subscription fees are £3.79 for the first month then £14.95 per month or £29.95 per quarter.
OVERALL VERDICT: FAILED
Unfortunately with 57% of our bank being lost over the trial, The Professor’s Formula has failed to make the grade and is not a service we can recommend at this stage.
There isn’t long left in the trial now so it looks like this one is headed for the failed pile unfortunately, barring a big winner being hit to turn things around.
This is one of those rare services which uses Betfair SP to record results, which is refreshing because you know prices are obtainable and results are not inflated.
Although it has been a slow start, to be fair they tip at high odds, with selections up to 70/1, so there are likely to be losing streaks when following this service.
Hopefully things will have picked up by the time of our next update.
It is a horse racing service that has been running for over two years and in that time has produced 320 points profit.
Although they don’t give away what the formula is – understandably – it is applied to flat turf and all weather racing only.
Of particular note is the fact that it uses the exchanges, which I know will appeal to many of you who have lost access to their bookie accounts.
The Professor has landed some massive winners in his time tipping, including Petite Jack at Lingfield in June last year at a whopping BSP of 59.74, which netted a very pleasant 167 points profit.
The average monthly profit is a healthy £525 to £25 stakes and the return on investment is an impressive 35%.
With a strike rate of 39%, the Professor has some impressive metrics that give us encouragement that this may be a top service.
Only time will tell of course, so we will run our normal three month trial here and will report back soon on how things are progressing.
https://www.honestbettingreviews.com/wp-content/uploads/the-professors-formula-pic.png344500Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2017-05-17 10:13:012017-10-06 12:12:36The Professor’s Formula – Final Review
Shane Murphy’s Irish Tips – as you may have guessed from the name – is a horse racing tipster from the Tipster Street stable specialising in bets on Irish racing.
Unfortunately it has been a tough trial for Shane, with a loss of 23 points at advised prices over the three months and 38 points at Betfair SP.
That equates to a loss of 23% of the advised starting bank, which is just low enough to warrant a FAILED rating sadly.
However, we don’t think this is a fatally flawed service and the results prior to our trial were good, with three successful years of betting, so we will continue to monitor with a view to a potential upgrade if results improve.
Service Breakdown
Ease of use: There are approximately 1.5 tips per day, which are sent out in the morning of racing.
Availability of prices: The prices were generally freely available, although the results at Betfair SP were somewhat lower so it pays to use the bookies if you can.
Strike rate: The strike rate for the trial was 32%, which is solid but a bit below where it needed to be to generate a profit at the prices the tips are given at.
Advised Betting Bank: A 100 point bank is advised for following the service, which seems reasonable and should be sufficient to cover losing runs.
Subscription costs: The subscription fees are £4.99 for the first month then £19.95 per month or £39.95 per quarter.
OVERALL VERDICT: FAILED
Unfortunately it has been a tough trial for Shane Murphy’s Irish Tips, which made a 23 point loss in the three months we proofed the tips.
On the basis of those results we have to award the service a failed rating sadly, but at the same time we don’t think the service is inherently flawed and it may well have just been that we hit it at a bad time.
So we will keep an eye on things and see if results improve over the coming months.
At Betfair SP, there has been no change since our last update and Shane is still 51 points down for the trial overall.
So sadly it doesn’t look like this one is going to make the grade as we approach the end of the trial, but as we often say it goes to show how hard this tipping game really is.
At Betfair SP things are very similar, with 11 points lost so far.
It is very early days so nothing to get too concerned about at this point.
One thing to be aware of when following a tipster who specialises in Irish racing is that there are a lot less races than in UK racing. For example, you often go two or three days without any races at all.
So patience is a watchword here, but Shane’s long term results are very good so hopefully it will be worth the wait.
With a name like Shane Murphy, he couldn’t sound much more Irish so it seems appropriate that he is tipping on races in Ireland.
His record is superb and it is no wonder that Shane has built up quite a following in the Emerald Isle.
Having started tipping in 2014, Shane has made 318 points profit so far, a very decent total.
However, it was last year in 2016 that things really took off for Shane, with over 250 points profit made on the year.
Each year so far has been profitable, with 63 points made in 2015 and 19 points in 2014.
It’s a service with a decent strike of 36%, so it shouldn’t be too painful to follow in terms of losing streaks.
We are looking forward to getting another of a tipster specialising in Irish racing underway after our successful trial of Classic Racing Gold last year.
There aren’t many Irish racing specialists around so would be good to another one to our portfolio, particularly as Classic Racing Gold has closed its doors to new members.
And the nice thing about Tipster Street services is that you can get your first month for a reduced fee, with this one offering the first 30 days for just £4.99.
So without further ado we will kick off the trial of Shane Murphy and will return with our first update in a couple of weeks.
Indeed it did, with Carl racking up 26 points profit at advised prices on his main selections, plus another 19 points profit at Cheltenham, making 45 points profit in total at advised prices.
That works out at a return on investment of 29%, an exceptionally high return and worthy of considerable praise.
Our bank nearly doubled over the trial, growing by 90% in the three months we followed the tips.
At Betfair SP, things weren’t quite as good, with the trial finishing 14 points in profit – so less than half the profit achieved at advised prices.
Overall though we have been impressed by the quality of Carl’s tipping and are happy to award him a RECOMMENDED rating.
Service Breakdown
Ease of use: There are around 1.5 tips per day which are sent out the night before racing, so a very simple service to follow.
Availability of prices: The prices contract quite noticeably before the race, which is evidence of the value Carl is able to identify. Having bookmaker accounts available to you will certainly be an advantage, as at Betfair SP the profits were less than half those at advised prices.
Strike rate: The strike rate for the trial was 16%, so there will inevitably be some losing streaks along the way as Carl searches for value tips at decent odds.
Advised Betting Bank: A 50 point bank is recommended for following the service and is what we used during the trial, although to be on the safe side you may wish to consider a 75 point bank.
Subscription costs: The subscription costs are £24.99 per month or £299 per year
OVERALL VERDICT: PASSED
Carl Nicholson seems like a smart chap – indeed he must have been to have gone to Harvard.
Certainly during our trial he seems to have proved smarter than the bookies, taking a good wad of cash off them.
In fact he made 45 points profit at advised prices, which represented a 90% growth of our bank and a 29% return on investment.
That very much backs up the results published on his website prior to our trial, which make impressive viewing.
Overall then we think this is a top notch service and are going to check out Carl’s other offering – his Stable Whispers service.
At Betfair SP things have followed a similar trajectory, with 10 points lost since our last update and a total of 8 points profit for the trial overall.
It is worth pointing out that Carl has been plagued by a run of second-place finishes recently, some of them at quite big prices, so things could have been substantially better with a little more luck.
Anyway, that is the way it goes sometimes in betting and Carl has still has done well so far overall and hopefully his luck will turn round shortly.
The good form continues for Carl Nicholson’s Racing Diary, which has added another 21 points profit since our last update, putting him on 42 points up for the trial overall at advised prices.
Carl also provided tips for each race at Aintree on Saturday, which would have added a further 11 points profit if you had followed those additional tips, with Fountains Windfall winning at 16/1.
At Betfair SP there is quite a significant difference, with 15 points profit made since our last update and 18 points profit overall.
So things going nicely for Carl, let’s hope for more of the same over the remainder of the trial.
Please note there is a second tab on the results spreadsheet for the Cheltenham results.
At Betfair SP, things have not been quite as good (as we seem to say quite a lot these days!), with 2 points profit made since the last update and 3 points made for the trial overall.
Certainly any professional or serious bettor will tell you it is a crucial part of the equation.
There is no point backing winners if they are all at terrible value. After all, if you have a 50% strike rate, but your average odds are 10/11, you will lose money overall.
But shift those average odds to just 11/10 with the same strike rate and you will be a winning gambler overall.
The value approach to betting is one that has been adopted and developed to a significant degree of expertise by Carl Nicholson, the subject of our next trial here at Honest Betting Reviews.
Carl is said to be a Harvard graduate in maths and computer science who worked for a professional race reader in the US, before turning his mind to professional gambling himself.
As we always say though, theory is one thing, practice another. The proof is whether someone can make money under a live trial, not just produce interesting theories about betting.
So we will see whether Carl can live up to expectations under live trial conditions.
The results on the website look promising however, with over 150 points profit made over the last 18 months to 1 point level stakes, plus 27 points profit on the Breeders’ Cup.
That has been achieved at an excellent return on investment of 28%, which is up there with the best in the racing industry.
The strike rate is 17%, so it is a service that focuses on the longer-odds selections.
So looks like a promising service all in all.
We will run our normal three month live trial and will update results here on a regular basis.
https://www.honestbettingreviews.com/wp-content/uploads/carl-nicholson-image-2.png4251261Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2017-05-10 09:49:392017-08-22 12:12:46Carl Nicholson’s Racing Diary – Final 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.
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.
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.
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.
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.
DG Tips is a horse racing tipster from the Tipsters Empirestable of tipsters.
They entered our trial with a strong reputation, having amassed over 400 points profit in just 18 months of tipping.
Often we find that strong performances prior to our trial don’t always translate into strong performances under live trial conditions.
Fortunately though, we are pleased to say that was certainly not the case with DG Tips, which performed admirably during our trial, notching up a solid 22 points of profit at advised prices.
That was achieved with a good strike rate of 36% (including placed horses) and a decent return on investment of 8%.
And since our trial ended, they have racked up a further 28 points of profit, meaning that since we started following the tips at the beginning of January this year, they have made a very impressive 50 points of profit.
That is a strong performance from a tipster whose tips are nearly all 1-point level stakes.
As you can see from the graph below, it was a little bit of a roller-coaster ride over the trial, but we were always in profit and things have continued positively since the trial ended.
The only downside to the service is that based on the evidence of our trial, it doesn’t appear practical to follow at Betfair SP, as it actually made a 20 point loss at Betfair SP compared to the 22 point profit made at advised prices.
So overall we are happy to award DG Tips a RECOMMENDED rating and four stars.
Service Breakdown
Ease of use: There are around 3 tips per day which are sent out the night before racing, so enough time to place the bets and not too time-consuming either.
Availability of prices: The prices get pushed in significantly between when tips are sent out and the off, so early placement of your bets is imperative. As we state above, it does not appear on the basis of our trial that using Betfair SP will be a viable option with this service.
Strike rate: The strike rate for the trial was 36% (including placed horses), so a decent proportion of bets giving a return.
Advised Betting Bank: We used a 50 point bank for the trial which we think should be sufficient in the long run, bearing in mind the vast majority of stakes are 1 point and with a 36% strike rate.
Subscription costs: The subscription fees are £30/month, £75/quarter, £135/6 months or £250/year.
OVERALL VERDICT: PASSED
DG Tips has performed very well during our trial, notching up 22 points of profit. Since our trial ended they have been in stellar form, adding another 28 points of profit.
That means in just over four months of following the tips, they have made 50 points of profit.
All that with the vast majority of tips to one point stakes is impressive stuff.
The only downside is that the service does not appear practical to follow at Betfair SP, so to get the most out DG Tips you will need access to bookmaker accounts.
As long as you have that, then this is one we would recommend adding to your betting portfolio.
At Betfair SP we are 4 points up, so a bit of a gap opening up there. We will keep an eye on things to see if that remains the case over the rest of the trial.
The vast majority of bets are to 1 point stakes, so that keeps things nice and simple.
So far so good then from DG Tips – let’s hope they keep up the good work.
We are pleased to be getting a new trial underway of a very promising-looking horse racing tipster.
This is our first trial of a tipster from the Tipsters Empire stable and it is always nice to find a new source of tipping talent.
The tipster in question is called DG Tips and from the results so far, looks the most impressive of the tipsters on the Tipsters Empire platform.
In eighteen months of tipping they have made over 400 points profit, which is excellent stuff. The last six months have all been profitable, with July being particularly outstanding with 75 points of profit and October also very good with 40 points profit.
Their winners have included Saigon City at 40/1, Calvinist at 33/1 and Wall of Fire at 28/1.
This does seem to be a service that tips at longer odds so patience may be required, but if you are someone who likes the big wins then this could be for you.
The tips include detailed write-ups which we always like to see and clearly DG knows his horses.
We are quite excited about this trial as we think we could be onto something special here. Only time will tell of course but the previous results are pretty phenomenal.
Just a note that we started receiving tips on 5th January so that is when we will record results from.
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