Racing Odds – Final Review

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

 

Profit/Loss:	+36 points
Strike Rate:	23%
Bank Growth:	36%
ROI:	7%
Average number of bets:	10 per week
Cost:	£49.99 per month
VERDICT:	PASSED
Rating:

 

You can view full results here.

 

Racing Odds – Full Review

 

Racing Odds is a horse racing tipster run by a guy called Paul Towers and it has been operating for a full year now. The service has a very nice website and had some positive results coming into our trial, with 147 points profit apparently made.

For the early part of our trial, things moved along very nicely with a profit made in each of the first four months. 

Sadly in August that spell was broken however with a small loss made and then in September they had a tough month, with a loss of 42 points made to advised prices (with BOG applied). 

Overall though even with a rough couple of months at the end of our trial they still finished with a decent profit of 36 points to advised prices (with BOG applied). 

Without BOG applied, they made a loss of 2 points to advised prices.

However, at Betfair SP they made a healthy 55 points profit which is good to see – and also very rare to find a service doing considerably better at BSP than at advised prices.

Here is the profit graph for the trial at BSP:

As you can see it was pretty steady growth until a dip at the end but still a healthy profit made overall.

Based on the BSP results then we are happy to award Racing Odds a PASSED rating as it is a notable achievement to make a profit betting purely on Betfair and without needing bookies accounts. 

 

Service Breakdown

Ease of use: The tips are normally sent out the morning of racing at around 10am UK time. With just 1-2 tips per day it’s a very straightforward service to follow. 

Availability of prices: This was an interesting one as stated above in that the BSP results actually beat the advised prices, even with BOG applied, so it looks like you are better off using Betfair and not even worrying about the availability of prices at the bookmakers. 

Strike rate: The strike rate for the trial was 23% which is pretty solid, although there were still some losing runs of 20+ bets, so patience is required – as ever.  

Advised Betting Bank: We couldn’t find any bank recommended for following the service but with the strike rate and staking we think a 100 point bank should be sufficient and that is what we used for this trial.  

Subscription costs: The subscription costs are a little on the high side at £49.99/month so we think this would only be suitable for people able to stake at a sufficient level to make it worthwhile (e.g. at least £10-£20 per point).

 

OVERALL VERDICT: PASSED

Racing Odds is a nice, simple service to follow and it achieved the rare feat of being profitable at BSP and having better results on Betfair than at the bookies. 

Whilst at one stage it looked like the trial was going to finish with a much higher total before having a disappointing last couple of months, a decent profit of 55 points was still made at BSP and we therefore consider the service is worthy of a PASSED rating. 

We will keep an eye on things to see how it progresses over coming months and if it can get back to the kind of consistency shown earlier this year. 

 

 

 

 

 

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Racing Odds – Results Update

25th September 2019

Sadly there’s been quite a downswing for Racing Odds this month, with a loss of 54 points made to advised prices since our last update. 

But fortunately after their previous gains they are still 40 points up at advised prices (with BOG applied) for our trial overall. 

You can view full results here.

Without BOG applied they are 2 points up for our trial at advised prices.

The good news though is that the BSP results are still beating the advised prices, with 53 points lost since our last update but 65 points profit made for our trial overall. 

Hopefully this month is just a blip as nine of their previous eleven months have been profitable which is an impressive level of consistency. So let’s see if they can get back to winning ways by the time of our next update. 

 

 

 

 

 

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Racing Odds – Results Update

26th August 2019

Yet more profit for Racing Odds since our last update, with another 11 points profit at advised prices (BOG applied) over the last month.

That means they are now 94 points up for our trial overall at advised prices (BOG applied). 

You can view full results here.

Without BOG applied they are 56 points up for our trial at advised prices.

The Betfair SP results continue to outshine the advised prices however, with another 6 points profit added since our last update and 118 points profit made for our trial overall. 

It’s great to see the BSP results continuing to perform so well and let’s hope that continues over the long run as it would be very valuable to have a service that is profitable on Betfair as well as at the bookies. 

 

 

 

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Racing Odds – Results Update

26th July 2019

It’s been another excellent month for Racing Odds, which is fast becoming one of the best racing services we have reviewed for quite a while.

With another 32 points profit made at advised prices (with BOG applied) since our last update a month ago, they are now 83 points up at advised prices (with BOG) for our trial overall.

You can view full results here.

Without BOG applied they are 46 points up for our trial at advised prices.

Amazingly though the Betfair SP results continue to perform the strongest, with another 34 points profit added since our last update and 112 points profit made for our trial overall. 

What we really like about this service is its consistency, with every month of our trial having been profitable so far and nine out of ten months for the service in total.

 

 

 

 

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Racing Odds – Results Update

24th June 2019

Racing Odds continues to churn out the profit, with another 41 points made at BOG since our last update a month ago. 

That means they are now 51 points up at BOG for our trial overall. 

You can view full results here.

At advised prices without BOG, the results would actually be about 32 points lower, so it shows you what the value of BOG can be. 

However, the service is actually doing best at Betfair SP, with 39 points profit made since our last update and 78 points profit made for our trial overall.

It is very rare to see the BSP results doing so much better than the advised prices so worth keeping an eye on going forward. 

 

 

 

 

 

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Racing Odds – Results Update

23rd May 2019

Horse racing tipster Racing Odds has made a good comeback over the last month, making a profit of 34 points at advised prices since our last update.

That means they are now 10 points up at advised prices for our trial overall. 

You can view full results here.

It’s worth noting that the official results at advised prices are based on best odds guaranteed (BOG) and would actually be about 10 points lower without BOG. 

At Betfair SP though the results are actually better, with a profit of 39 points made since our last update and 15 points profit made for our trial overall. 

 

 

 

 

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Racing Odds – Results Update

25th April 2019

Things haven’t gotten off to an ideal start for Racing Odds, with a loss of 24 points made at advised prices so far after one month of our trial.

You can view full results here.

At Betfair SP it’s the same story with 24 points also lost for our trial to date. 

This looks like it’s a case of reviewer’s curse, with excellent results heading into our trial followed by a crash in form as soon as it starts. 

However, it’s still early days and plenty of time to turn things around so let’s see if they can get back on track by our next update. 

 

 

 

 

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Racing Odds – New Review

5th April 2019

We were recently contacted about a new horse racing tipster called Racing Odds, which has a rather smart looking website and some promising results to back it up. 

The service is run by a guy called Paul Towers and he says his strategy is based on his “experience over the years from following horse racing. I look at various factors when reviewing the selections for the day and only picks ones I am confident about and do not pick for the sake of having a selection, as some days there may be no selections.”

He has been running his strategy since October 2018 and in that time has amassed some impressive-looking results, with 147 points profit made since starting up.

That has been achieved with a decent strike rate of 34% and a very commendable ROI of 42%. Five of the six completed months so far have been profitable, with the one losing month only dropping 2 points.

It is a selective approach with only around one bet per day, so should be a fairly simple service to follow. 

All in all then this looks like an interesting service and we look forward to seeing how it gets on during our review. 

We started receiving tips last Friday 29th March, so will record results from then. Results will be updated here periodically during the review. 

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