ITV Racing Tips

ITV Racing Tips – Final Review

We have reached the end of our six month trial of ITV Racing Tips and here are the final results:-

 

Profit/Loss:   +19 points
Strike Rate:   39%
Bank Growth:   19%
ROI:   4%
Average number of bets:   5 per day (tips only at weekends/big meetings)
Cost:   £29.99/month or £99/five months
VERDICT:  NEUTRAL 
Rating:

 

You can view full results here.

 

ITV Racing Tips – Full Review

 

ITV Racing Tips is a service run by renowned professional gambler and author Carl Nicholson. 

Carl has been around the racing world for quite a long time and is a very respected name in the industry. We’ve reviewed his services before and he has also published a book setting out his strategy called Value Backing which we would recommend.

His approach over the years has been to focus on the big races as that’s where Carl has traditionally made most of his profits. This service focuses solely on the big races – specifically those that are shown on ITV (the main TV channel showing racing in the UK) – hence the name of the service. 

The published results coming into our trial looked very good, with a reported 580 points profit made in three and a half years at an ROI of 25%.

We followed the service for just over six months,  which gave a good sample size of 450 bets. 

As we say, with the service solely focusing on televised races, it means the vast majority of bets are at weekends with the occasional midweek bets when there is a big festival on. 

It’s quite an intriguing approach to tipping as normally we would say this method would lead you to tip in some races you otherwise wouldn’t choose to and therefore not be advisable. 

However, on the flip side there are the extra places the bookies offer for these races, plus some free bets, 4/1 offers etc if you have access to those. And of course Carl’s long-term results in these races look very strong so it appears he can find value in them.

Anyway, at the end of our six month trial, the service finished 19 points up at advised prices, which is solid – if not spectacular. 

The strike rate was good at 39% (including placed horses) so there were regular returns throughout our trial. 

At Betfair SP a loss of 4 points was made for our trial, probably reflecting the fact that you don’t get the extra places at Betfair that you do with the bookies for some of these races.

Overall then once subscription costs are taken into account most members would have made just a small profit or broken even, so we think a NEUTRAL rating is fair in this instance. 

It’s a service we’ll keep an eye on though given its strong long-term results and if Carl can get back to previous levels of 100+ points per year we would consider a re-rating.

 

Service Breakdown

Ease of use: The tips are sent out by e-mail on the morning of racing. As mentioned above, the vast majority of tips come at weekends so all the workload is concentrated then, but even so it shouldn’t take too long to place the 5-6 bets per day at weekends.

Availability of prices: There was a little bit of pressure seen on prices so it is advisable to get on prices as quickly as possible. As stated above, the Betfair SP results finished in a small loss so to get the most out of this service ideally you want access to bookie accounts. 

Strike rate: The strike rate for the trial was 39% (including placed horses) which is pretty decent and meant regular returns during our trial. 

Advised Betting Bank: A 100 point betting bank is recommended for this service, which seems adequate to us and was never threatened at any stage of our trial. 

Subscription costs: The subscription costs at the time of writing are £29.99 per month or £99 for five months. There is also a special offer to get the tips for 13th February 2021 for just £5.

 

OVERALL VERDICT: NEUTRAL

ITV Racing Tips is a horse racing service run by renowned pro punter Carl Nicholson. It focuses solely on the big televised races shown in the UK. 

During our six month trial it made 19 points profit at advised prices, which is solid enough and a profit is always good to see after a trial. However, once subscription costs are taken into account members would only be left with a small profit or would have broken even, so we think a NEUTRAL rating is appropriate here.

We will keep an eye on things though to see if Carl can get back to previous levels of form prior to our trial which would merit a re-rating.

 

 

 

 

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ITV Racing Tips – Results Update

15th January 2021

Not much change for ITV Racing Tips recently, with a profit of 2 points made at advised prices since our last update.

That means they are now 23 points up for our trial overall at advised prices.

You can view full results here.

At Betfair SP there is no change since our last update and they are just 1 point up for our trial overall.

As mentioned last time it probably isn’t the ideal service to follow at Betfair SP because you don’t get the extra places the bookies offer on these big races. 

 At the bookies though they have been doing fine, just need to kick now as racing gets going in the new year.

 

 

 

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ITV Racing Tips – Results Update

15th December 2020

A bit of a step backwards for ITV Racing Tips lately, with a loss of 16 points made at advised prices since our last update.

That means they are now 21 points up for our trial overall at advised prices.

You can view full results here.

At Betfair SP they have lost 22 points since our last update and are just 1 point up for our trial overall. It probably isn’t the ideal service to follow at Betfair SP because a number of the selections are in big races where the bookies offer extra places – sometimes up to 6 places – which isn’t replicated on Betfair, unless you select the extra place market but then you are losing value compared to the bookies. 

So realistically this is a service you will want to have bookie accounts to get the best out of. If you do then the results so far have been pretty decent. 

 

 

 

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ITV Racing Tips – Results Update

3rd November 2020

It’s been a good month for ITV Racing Tips, with 10 points profit made at advised prices since our last update. 

That means they are now 37 points up for our trial overall at advised prices. 

You can view full results here.

At Betfair SP they have made 14 points profit since our last update and 23 points profit for our trial overall. 

Highlights this month include Kingbrook who won at Newmarket at 14/1 and Captain Tom Cat who won at Cheltenham at 15/2, plus quite a few placed finishes. 

All in all this is looking like a good service and pretty simple to follow with most bets just at weekends. 

 

 

 

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ITV Racing Tips – Results Update

5th October 2020

It’s been a decent month for ITV Racing Tips from Carl Nicholson, with a profit of 14 points made at advised prices since our last update.

That means they are now 27 points up for our trial overall at advised prices.

You can view full results here.

At Betfair SP they have made just 1 point profit since our last update and 9 points profit for our trial overall. 

Yesterday was a particularly good day for the service with two winners and a second from four selections over at Longchamp. Maybe they should go raiding in France more often! 

 

 

 

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ITV Racing Tips – Results Update

2nd September 2020

A small reversal for ITV Racing Tips over the last month, with 9 points lost at advised prices since our last update.

That means they are now 13 points up at advised prices for our trial overall.

You can view full results here.

It’s a similar tale at Betfair SP with 10 points lost since our last update and 8 points profit made for our trial overall. 

It’s been a strange season schedule-wise with so many fixtures having to be rearranged due to covid but the next few weeks still look pretty strong with the Doncaster St Leger festival and some top class action from Ascot and Newmarket coming up, so plenty for Carl to get his teeth into. 

 

 

 

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ITV Racing Tips – Results Update

5th August 2020

Our trial of ITV Racing Tips has got off to a good start, with a profit of 22 points made at advised prices over the last month. 

You can view full results here.

At Betfair SP things have also been going well, with a profit of 18 points made for our trial to date.

We are liking this service so far – just a few tips per week normally and readily obtainable prices with bets being in the big races, plus extra places being available from the bookies. And the staking is very reasonable at an average of around one point per bet. Plus you get to watch all the races on TV! (if you’re in the UK that is). Good stuff. 

 

 

 

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ITV Racing Tips – New Review

7th July 2020

Today we are starting a trial of a service we have been meaning to review for a while but that got put back due to the covid-19 pandemic. 

Now though we are pleased to get the trial underway and it’s one we are really looking forward to. The service in question is called ITV Racing Tips and it comes from renowned professional punter Carl Nicholson. 

Carl has been around the racing world for quite a long time and is a very respected name in the industry. We’ve reviewed his services before and he has also published a book setting out his strategy called Value Backing which we would recommend.

His approach over the years has been to focus on the big races as that’s where Carl’s traditionally made most of his profits.

So this service focuses solely on the big races – specifically those that are shown on ITV – hence the name of the service. 

For those outside the UK, just to clarify that ITV is the main terrestrial television station that shows racing in the UK. It shows the big meetings like Royal Ascot, Cheltenham, Newmarket and so on and normally just broadcasts races at the weekend (outside of the big festivals that is). 

The ITV Racing Tips service has been running for a few years now and has racked up some very impressive results indeed:-

  • – 2017: 94 points profit
  • – 2018: 254 points profit
  • – 2019: 166 points profit
  • – 2020 (so far): 73 points profit

So that’s over 580 points profit in just over three years at an impressive return on investment of more than 25%. The strike rate is a very healthy 40% and Carl has had winners at up to 33/1 and 40/1.  

The return on capital (bank growth) so far has been 394% which is excellent going and means those who have been following the service long term have had the chance to really grow their betting banks.  

What’s a real bonus about the service is that because Carl bets solely on the big races shown on ITV, the liquidity is normally excellent on those races and prices should hold up well. Plus the bookies tend to provide lots of bonuses such as Bet 365’s ITV 4/1 offer and extra places etc. 

All in all then there’s a lot to like about this service – let’s just hope we haven’t jinxed it and that results hold up! Fingers crossed anyway. 

We’ll kick things off today and report back soon on how it’s going.

In the meantime you can check out ITV Racing Tips for yourself here. 

 

 

 

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