Pay per Profit

Pay Per Profit – Final Review

We have come to the end of our 12 month trial of Pay Per Profit and here are the final results:-

 

Profit/Loss:   +24 points
Strike Rate:   35%
Bank Growth:   16%
ROI:   4%
Average number of bets:   1 per day
Cost:   £25 for each 15 points profit made
VERDICT:   NEUTRAL
Rating:

 

You can view full results here.

 

Pay Per Profit – Full Review

 

Pay Per Profit is a horse racing service from the PuntHub stable of tipsters and they take a different approach to the typical subscription model whereby you pay a monthly or quarterly membership fee. 

Instead they use a “Pay Per Profit” model. What this means is you pay £25 (in advance) for each 15 points profit they make – referred to as a “cycle” – 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. 

We have been following the service for very nearly a full year now and things started off very well, with four cycles of profit being completed in the first four months. 

So that added up to 71 points of profit in pretty quick time and things were moving along very smoothly. 

Then a new cycle started on 24th June and unfortunately…it is still going! 

Yes a full seven months later we are still bogged down in the same cycle and are 46 points down for that Cycle.

So we thought it was probably time to wrap up this review as we could have ended up waiting forever to complete the Cycle!

Whilst it has been disappointing to have been stuck in a rut for a while, the service still made a profit of 24 points for our trial overall. 

Taking into account the length of time of the trial and total subscription costs, we think in the end a NEUTRAL rating is fair in this instance. 

 

 

Service Breakdown

Ease of use: The tips are sent out via Telegram and come in at various times on the day of racing. With an average of just 1 bet per day it’s a very simple service to follow. 

Availability of prices: We didn’t notice any real pressure on prices and indeed the BSP results were pretty similar to those at advised prices, with 12 points being made at BSP versus 24 points at advised prices. 

Strike rate: The strike rate for the trial was 35% (including placed horses) which is pretty good and meant the losing streaks did not tend to be too long. 

Advised Betting Bank: We couldn’t find a recommended bank for the service but would imagine a 150 point bank would be more than sufficient for following the service.  

Subscription costs: The subscription costs are £25 for every 15 points profit made. 

 

OVERALL VERDICT: NEUTRAL

Pay Per Profit is an interesting concept of charging for profit made rather than on a monthly basis. It started off our trial very well, making over 70 points in its first four months. 

However, after an extended drawdown, the current cycle has been going on for seven months now, currently sitting 46 points down. 

So it is time to draw a line under our review and award this a NEUTRAL rating, as whilst it was in profit at 24 points for our trial overall once the length of time and subscription costs are taken into account most people will probably have broken even or be slightly down in the end. 

 

 

 

 

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Pay Per Profit – Results Update

23rd December 2019

It looks like this cycle of Pay Per Profit may go on forever unfortunately, with it having continued for a full six months now. 

Since our last update they have lost 19 points at advised prices, meaning this Cycle is now 36 points down overall at advised prices. 

For our trial overall however they are still 19 points up at advised prices. 

You can view full results here.

At Betfair SP they have lost 22 points since our last update and are 36 points down for the Cycle, but 25 points up for our trial overall.

Credit to those who have stuck with this for the last six months, all we can hope really is that they hit a run of winners and get back into profit for the Cycle. Fingers crossed! 

 

 

 

 

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Pay Per Profit – Results Update

19th November 2019

There’s been some movement in the right direction for Pay Per Profit over the last month, with 8 points profit made at advised prices since our last update.

That means they’re getting back towards even for this Cycle, currently sitting 17 points down at advised prices. For our trial overall they are 38 points up however.

You can view full results here.

At Betfair SP they have made 12 points profit since our last update and are 14 points down the Cycle, but 47 points up for our trial overall.

It is obviously taking a long time to complete this eighth Cycle, but at least they are moving in the right direction and hopefully by the time of our next update they will be back in profit for the cycle. 

 

 

 

 

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Pay Per Profit – Results Update

20th October 2019

Well this current cycle of Pay Per Profit is taking some time to complete. Just a reminder that this is a horse racing tipster whereby you pay for each 15 points of profit they make – called a “cycle” – rather than a monthly subscription fee.

This is the eighth cycle overall and the fourth of our trial. It started back in June and is taking much longer than the others to complete which were all quite swift. 

They have lost 2 points since our last update at advised prices, meaning they are 25 points down overall at advised prices for this cycle.

You can view full results here.

They are still 30 points up for our trial overall at advised prices however. 

Not a great deal of movement at BSP, with just one point lost since our last update and 26 points lost for this cycle. 

Hopefully we’ll have some more positive news to report by the time of our next update. 

 

 

 

 

 

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Pay Per Profit – Results Update

20th September 2019

It’s been very quiet lately for Pay Per Profit, with only a handful of bets since our last update just over a month ago. 

In that time they have lost 4 points at advised prices, meaning they are 23 points down for their eighth cycle.  

They are still 32 points up for our trial overall at advised prices however. 

You can view full results here.

Not much change at Betfair SP either, with 6 points lost since our last update, 25 points lost for the eighth cycle and 36 points up for our trial overall. 

This cycle is taking a bit of time to complete but hopefully by the time of our next update it will be finished. 

 

 

 

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Pay Per Profit – Results Update

16th August 2019

It’s been a while since we updated the results for horse racing service Pay Per Profit. The main reason for that is we have tended to wait until a cycle is complete before updating the results, but unfortunately the current cycle has been going on for some time so we thought best to update things now anyway. 

Having started on 24th June, the eighth cycle is currently 19 points down at both advised prices and BSP.

You can view full results here. 

Although it has been a bit of a struggle for this cycle, it is worth remembering that we are still 36 points up for our trial overall, which is good going. 

They are currently taking a bit of a break – we presume for a holiday – but hopefully when they return they will press on and get into profit and then finish the cycle. 

 

 

 

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Pay Per Profit – Results Update

6th June 2019

It took a little longer this time but Pay Per Profit has just completed its sixth cycle of profit, with 16 points profit made at advised prices after 71 bets. 

That means they have now made 55 points profit for our trial overall at advised prices.

You can view full results here. 

The Betfair SP results continue to hold up well, with 16 points profit also made this cycle and 44 points profit made for our trial overall. 

So this has been performing very well and is doing exactly what it says on the tin – delivering nice solid profits for a set fee. 

Just to say if you want to join the next cycle then you can sign up here – but you will need to do so quickly as doors are due to close very shortly.

 

 

 

 

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Pay Per Profit – Results Update

23rd April 2019

Pay Per Profit has just completed its sixth cycle of profit, which took 42 bets this time.

In terms of our trial they have made 37 points profit since our last update and 39 points profit for our trial overall at advised prices. 

You can view full results here. 

At Betfair SP they have made 27 points profit since our last update and 28 points profit for our trial overall. 

Please note if you would like to join up for the next round, you need to do so by tomorrow evening – i.e. 24th April at the latest. You can sign up here. 

This has been doing very well and we are impressed by the results so far, let’s hope that continues. 

 

 

 

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Pay Per Profit – Results Update

4th March 2019

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. 

You can view full results here. 

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. 

 

 

 

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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%
Round 1 14 31.5 19.6 62%
Round 2 4 7.25 15 207%
Round 3 7 14.5 17.55 121%
Overall 25 53.25 52.15 97%

 

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. 

In the meantime you can check out Pay Per Profit here. 

 

 

 

 

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