It’s been a quiet start to our trial of Pay Per Profit, a horse racing service where you pay for each 15 points of profit they make rather than monthly.
So far after a month of our trial they are 2 points up at advised prices.
At Betfair SP it is a similar story, with 1 point of profit made for our trial to date.
Just a reminder that these are the Evening Bets we are following, there are also morning bets and late bets available as separate services.
A low betting volume with just 10 bets so far, but with the break for equine flu that is understandable and we expect things to pick up now with Cheltenham coming up and lots of top class racing on the cards.
Pay Per Profit – New Review
4th February 2019
With most tipsters the idea is that you pay a monthly or quarterly subscription for the tips and then place the bets and see how things go.
Some of the time you make a profit that more than covers the subscription, so all is good.
On other occasions, the tipster has a losing run which can be painful as you are both losing money and have to pay subscription fees.
So the service we are looking at today takes a different approach and rather than having a subscription model, uses a “Pay Per Profit” model.
What this means is you pay £25 for each 15 points profit they make, regardless of how long it takes. If you were staking at just £10 per point that would mean you were paying £25 for each £150 of profit made.
So far it hasn’t been taking long to reach the 15 point profit target, with three rounds already being completed since 18th December 2018.
Here is a look at the results in table format:
|Round||No. of Bets||Points Staked||Points Profit||ROI%|
Pretty amazing results there, with nearly 100% ROI to date and over 50 points of profit.
They offer three services – morning bets, evening before racing bets and late bets – so the results above are for the evening before racing bets.
We have crunched the numbers and so far the evening before racing bets are holding up well at BSP, with 45 points profit made versus 52 at advised prices so not too much of a difference.
Tips are provided via the Telegram messenger app, which you can download to your phone, tablet or laptop pretty easily.
This looks like a promising service so we are eager to see how it performs under a live trial.
Please check back here for regular updates on how things are going.