Racing Professionals Flat Service – Final Review
It is the end of our three month trial of the Racing Professionals Flat service and here are the final results:
Profit/loss: | -132 points |
Strike Rate: | 10% |
Bank Growth: | -88% |
Cost: | £44.99 per month |
ROI: | -36% |
Average number of tips: | 4 per day |
VERDICT: | FAILED |
You can view full results here.
Racing Professionals Flat Service Final Review
Well at the end of our trial of the Racing Professionals Flat Service, what can we say – other than it has been something of a sorry story for them over the last three months.
Sadly they have ended up with a 132 point deficit and have lost 88% of the advised bank.
They do rely somewhat on picking some big priced winners, with past results showing winners at 100/1 and above, so they are perhaps just one big winner away from turning things around.
Unfortunately though, we can only judge a service on what is has achieved during our trial and with an 88% loss of the bank, it has been a disappointing run.
Certainly we would suggest that on the basis of this trial, a 150 point bank is not nearly enough and 300 points or more would be appropriate.
You should never get this close to losing your entire bankroll, although we suspect in reality after a drawdown like this most people would have stopped following the tips in any event.
Anyway, here are the results in graph format:
It’s been one way traffic – unfortunately the wrong way – for the majority of the trial.
Service Breakdown
Ease of use: Very good – the tips are sent out by e-mail early in the morning and then all bets are simply placed at Betfair SP, so very quick to operate.
Availability of prices: As above, with all bets placed at Betfair SP, there are no issues around price availability.
Strike rate: With the strike rate for the trial down at just 10%, it was clearly well below the expected level for the service to make a profit.
Advised Betting Bank: The advised bank was 150 points, which was clearly not enough as we lost 132 points and 88% of the bank. We would think a 300 point bank would be needed given the drawdown experienced during our trial.
Subscription costs: The subscription costs are high at £44.99 per month.
OVERALL VERDICT: FAILED
There doesn’t seem to be any other possible verdict than failed with a 132 point loss and 88% bank decline.
This trial has shown once again that it is no easy ride making money in this game and some long losing runs can hit anyone, whatever their experience and level of expertise.
Hopefully they will hit a nice 100/1 winner soon and get back on track, but for the moment this one has to be added to the failed systems pile.
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Results Update
17th July 2015
We are over two months into our trial of Racing Professionals Flat service so it is about time for an update.