The Racing Pundit – Final Review
We have reached the end of our seven month trial of The Racing Pundit and here are the final results:-
Profit/Loss: | +73 points profit* |
Strike Rate: | 30% |
Bank Growth: | +49% |
ROI: | 7% |
Average number of bets: | 5 bets per day |
Cost: | £0.99 for first 10 days then £37 per month |
VERDICT: | PASSED |
Rating: |
You can view full results here.
* please note this refers to the Betfair SP (BSP) results
The Racing Pundit – Full Review
The Racing Pundit is a horse racing tipster from the Betting Gods stable of tipsters. They cover a variety of racing from the UK, Ireland and Hong Kong.
We followed the tips for seven months, which gave us a very good sample of over 1100 bets.
It has turned out to be one of the most unusual trials we have run here at Honest Betting Reviews.
That is because there was a huge difference between the results at advised prices and those at Betfair SP.
At advised prices it was a real struggle, with a loss of 59 points made for our trial.
However, at Betfair SP, they finished with a very good profit of 73 points.
So that’s a massive 132 points difference between the two – one of the largest we’ve found in a trial and certainly that way round – often it’s the advised prices finishing up and the BSP ones down.
We have listed the Betfair SP results in the summary table above as that would appear to be more useful – we can’t imagine many would be wanting to follow the service at advised prices and would be too bothered about the stats in that regard. (Also a small note here that for Hong Kong races, with no BSP available the advised price results were used).
In terms of the BSP results, they were pretty solid with a decent 30% strike rate (including placed horses) and a 7% return on investment (ROI).
Betting purely on Betfair those are very respectable metrics – indeed any sort of profit at BSP is hard to come by so is worthy of respect.
The big question really though is why? Why did they manage to do so much better at BSP?
Well having looked at the results we can see quite a few mid-priced selections at odds of over 8/1, that often have higher BSPs than bookie prices.
More than that though it appears to be selections drifting out quite considerably over the course of the day.
There was one instance just recently for example, with City Vaults being advised at odds of 3.5 at Redcar on 13th September, but winning at a BSP of 10.87.
There were quite a few instances of horses where the BSP was more than double that of the advised odds.
Obviously the other advantage of this is that if you were betting at the bookies and have BOG (best odds guaranteed) you would also be able to take advantage of the drift – and the BOG odds are not included in the advised price results so those would be considerable better with BOG applied.
In any event, whatever the exact reasons for the much better results at BSP, the fact is it was very welcome and something that may appeal to those whose bookie accounts have been restricted.
Overall then we feel like this service warrants a PASSED rating, as although it made a loss at advised prices, the gains at Betfair SP are very noteworthy and do give it a special appeal for those without access to bookie accounts.
Service Breakdown
Ease of use: The selections are sent out by e-mail, usually around 8-10am UK time on the morning of racing. There are around 5 bets per day on average, which means it is a little more work than the typical horse racing service. Of course if you are just placing your bets at BSP, which would be the preferred option here, then that will speed things up quite a bit in terms of bet placement.
Availability of prices: Contrary to most services we review here, often the prices would drift from their initial level. That means there is no rush to get bets on and worrying about losing value.
Strike rate: The strike rate for our trial was solid at 30% (including placed horses) so there were a reasonably steady rate of returns.
Advised Betting Bank: They recommend a 150 point bank for following the service, which seems reasonable to us. The staking is sensible at 1 point per bet and with a solid strike rate, 150 points should be okay, particularly if betting at BSP.
Subscription costs: The current subscription costs at the time of writing are £0.99 + VAT for the first 10 days then £37 + VAT per month thereafter.
OVERALL VERDICT: PASSED
This has turned out to be one of the more unusual trials we’ve run here at HBR, with The Racing Pundit delivering an impressive 73 points profit at Betfair SP, but a 59 point loss at advised prices.
That’s a pretty substantial difference and one we’ve not encountered very often in trials here. It was down in large part to horses drifting between the morning and the time of the race.
Given the importance to many bettors of having a profitable service to follow at BSP (and it being relatively rare) we feel it is fair to award this service a PASSED rating. May well be worth trying out for those who have had their bookie accounts restricted.
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The Racing Pundit – Results Update
10th September 2022
It’s been a tough time lately for horse racing tipster The Racing Pundit, with a loss of 51 points made at advised prices since our last update.
That puts them 53 points down for our trial overall at advised prices.
You can view full results here.
At Betfair SP they have lost 37 points since our last update but are still 40 points up for our trial overall at BSP.
The gap between the results at advised prices and BSP keeps widening and now stands at an amazing 93 points. It goes without saying then that if you are following this service, the best way – or really the only way – to do so is using Betfair SP.
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The Racing Pundit – Results Update
1st July 2022
There looks to be a solid trend developing for The Racing Pundit, with the BSP results consistently outperforming the advised prices.
At advised prices they have made 5 points profit since our last update, putting them 2 points down for our trial overall at advised prices.
You can view full results here.
However, at Betfair SP they made a further 21 points profit last month and are now 77 points up for our trial overall at BSP.
As we’ve remarked before it’s unusual to see the BSP results performing so much better than the advised prices, but clearly this tipster has a strategy that maximises the BSP returns which is very interesting.
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The Racing Pundit – Results Update
1st July 2022
There continues to be quite a divergence between the results at advised prices and those at Betfair SP for horse racing tipster The Racing Pundit, with 5 points lost at advised prices since our last update.
That means they are now 6 points down for our trial overall at advised prices.
You can view full results here.
However, at Betfair SP they actually made 11 points profit last month and are now 56 points up for our trial overall at BSP.
It’s quite unusual to see such a divergence and we can’t remember too many instances of a service being much more profitable at BSP than advised prices, but it will certainly be welcome for those who have had their accounts restricted by the bookies and are only able to use Betfair.
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The Racing Pundit – Results Update
1st June 2022
A small step backwards for horse racing tipster The Racing Pundit over the last month, with 9 points lost at advised prices since our last update.
That means they are now 1 point down for our trial overall at advised prices.
You can view full results here.
As mentioned last time though they are doing significantly better at Betfair SP, with 11 points lost since our last update but 45 points profit made for our trial overall at BSP.
It’s good to see a service that is in profit at BSP so we will keep a close eye on this to see if it remains the case throughout our trial.
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The Racing Pundit – Results Update
3rd May 2022
It’s been an interesting start to our trial of horse racing tipster The Racing Pundit, with a large divergence between the results at advised prices and Betfair SP.
At advised prices, they are 8 points up so far after six weeks of our trial.
You can view full results here.
However, at Betfair SP they are an excellent 56 points up for our trial to date. So quite a divergence as we say.
Some of the difference can be explained by their biggest winner so far, Redarna at Thirsk which was recommended at 66/1 and won at a BSP of 82.88.
That only accounts for 13 points difference though, so even allowing for that one big winner the results have still been significantly better at BSP so far.
Another point to mention is that this is a very high volume service – we have already proofed over 300 bets! So it’s one that does require a little more effort to follow than a number of the services we have reviewed here.
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The Racing Pundit – New Review
22nd March 2022
Today we are starting a new trial of a horse racing tipster called The Racing Pundit.
From the Betting Gods stable of tipsters, they are a relative newcomer to the tipping scene having only started in November last year.
The results so far look very good however, with over 160 points profit made to date. That represents over 200% growth of the recommended 75 point starting bank.
It has been achieved with a high strike rate of 40% and an impressive return on investment of 28%.
They tip in both flat and national hunt racing and selections are normally sent out on the morning of racing.
It’s early days as we say but it does look promising so let’s see how they get on under a live trial.
We started receiving tips from the 17th so will record results from then. As ever results will be updated here as we go along.
In the meantime you can check out The Racing Pundit for yourself here.
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