We have reached the end of our three month trial of the Percentage Form Edge and here are the final results:
|Cost:||£1 for 14 days then £29.95 + VAT/month|
|Average number of bets:||4 per day|
*Strike rate for all bets was 10%, but strike rate in terms of profitable races was 47%
Percentage Form Edge Full Review
At the end of our three month trial of the Percentage Form Edge it is a slightly disappointing conclusion to things, with a final total of -11 points at advised prices and -29 points at Betfair SP.
The service is run by a chap called Denis Hatcher (not Thatcher – phew!) and takes an unusual approach to betting by tipping numerous horses in the same race. Obviously the hope is that one of the outsiders you have backed goes on to win.
Things didn’t turn out quite that way during the trial, although early on it looked promising as they were 47 points up at one stage.
As you can see though, things took a turn for the worse for the last two-thirds of so of the trial with a steady decline to finish in slight deficit.
Overall to finish with a small loss is no catastrophe by any means though so we are happy with a neutral rating for the Percentage Form Edge and to keep an eye on things for the time being.
Ease of use: The service is quite a straightforward one to follow. Bets are sent out in the morning and you are normally talking about just one or two races per day. You then just back the selections either at Betfair or the bookies and you are done for the day.
Availability of prices: There was no problem with getting the advised prices and there wasn’t a huge difference between advised prices and Betfair SP, with the latter being just 18 points worse off over the course of the trial.
Strike rate: The strike rate for the trial was 10% in terms of the number of selections that won, but if you looked at the number of races that were profitable, then the strike rate was actually 47%.
Advised Betting Bank: A bank of 100 points was used for the trial, which seemed plenty given the high strike rate in terms of profitable races and was never in jeopardy during the trial.
Subscription costs: The subscription costs are £1 for the first 2 weeks then £29.95 + VAT / per month.
OVERALL VERDICT: NEUTRAL
The Percentage Form Edge takes a novel approach to betting, which we are always appreciate and there was a stage during the trial when things were going really well for them.
Unfortunately results took a downturn and we ended up with a loss of 11 points at advised prices and 29 points at Betfair SP.
The loss was no disaster by any means and represented just 11% of the bank used for the trial.
At the moment we can’t really recommend the Percentage Form Edge on the basis of our trial, but we will keep an eye on it and see if things improve over the coming months.
Percentage Form Edge – Results Update
7th January 2016
There has been a small downturn for the Percentage Form Edge since our last update just over a month ago. They have lost 4 points at advised prices and 19 points at Betfair SP over that time.
That leaves them 19 points up at advised prices and 9 points up at Betfair SP for the trial overall to date.
As mentioned in previous updates, this is slightly unusual approach to tipping, using a dutching method of backing numerous horses in each race. Then you obviously hope that the biggest price selection wins!
So far there have been a few of those and let’s hope for a few more before the trial concludes.
Percentage Form Edge – Results Update
30th November 2015
It has been a good start to our trial of Percentage Form Edge, who are 23 points up so far at advised prices and 28 points up at Betfair SP.
The positive returns for November now means they have racked up 11 winning months out of 11 since the service started in January according to the results on the website, which is superb tipping.
It’s quite an easy service to follow – generally there are just one or two races per day and you just back all the selections to 1 point level stakes.
The results so far suggest you could just back all the tips at Betfair SP, which would make things even easier, but it is too early to draw any conclusions on that front yet.
Anyway, a good start from Percentage Form Edge and we are impressed with this service so far.
Back soon with further updates.
Percentage Form Edge – New Review
28th November 2015
Today we are commencing a trial of a horse racing betting system with a difference.
The service in question is Percentage Form Edge and the difference is that they tip multiple horses in each race – so “dutching” if you like using official terminology.
This is the first service we have trialed that uses a dutching system and we have to say it is an unusual approach in this day and age.
However, that it is not to say that it is not profitable. On the contrary, we would say based on the results published on their website, it looks very profitable.
They have amassed over 300 points profit since the service started in January of this year.
And what’s more, they’ve never had a losing month according to their results – that’s pretty impressive stuff!
In some ways we are surprised that dutching isn’t a more common approach in horse racing betting. You see it more often in football betting (double chance betting) and Betfair trading with insurance positions and the like. But for some reason not often in horse racing.
Perhaps there is just a convention in horse racing to only back one horse per race, but we always welcome new approaches and would even argue that coming up with a new angle that other punters aren’t already using is probably your best chance of making a profit. Ultimately you are betting against the market so if you are just doing the same old form reading as most other punters then you will struggle to make a profit.
Anyway, that is all just theorising and as ever in the end it all comes down to results – just as any football manager will tell you.
So we will record all the results of this during our three month trial and see how things come out in the end.