We have reached the end of our three month trial of Thoroughbred Betting and here are the final results:-
|Average number of bets:||2 per day|
|Cost:||£1 for the first 14 days then £37/month|
Thoroughbred Betting – Full Review
This is our second time reviewing Thoroughbred Betting. We reviewed it originally back in June of last year and gave it a failed rating after it finished 25 points down at the end of our three month trial.
However, as the service passed to new ownership (and a new tipster) we were prepared to give it another look as it is like starting from scratch again really with a new tipster at the helm.
Unfortunately though the results have turned out pretty similar in the end. We finished 16 points down this time to advised prices versus 25 points down last time, both of which were disappointing in all honesty.
As you can see from this graph, we were in deficit for most of the trial:
We were nervous at the outset when the new owner said “I don’t have losing months. NEVER. 25-50 points per month without fail. GUARANTEED.”
Firstly very little in life is guaranteed (other than death and taxes), but certainly nothing is guaranteed in the tipping game. It’s an up and down ride and even the best will have losing months sometimes.
So unsurprisingly the guarantee didn’t last longer than a couple of months and when someone makes a claim like that it damages their credibility to a certain degree.
Anyway, whilst it was a disappointing trial, finishing 16 points down was not a complete disaster and only represented a small loss of the bank, so we think a NEUTRAL rating and two and a half stars is an appropriate rating for Thoroughbred Betting this time.
Ease of use: Pretty straightforward service to follow, just a couple of bets per day on average sent the evening before racing, with the occasional late tip sent out on the day.
Availability of prices: We didn’t see much of an issue in obtaining the advised prices. The Betfair SP results were only 8 points worse than the advised prices, with a loss of 24 points.
Strike rate: The strike rate during the trial was 25%, which is a little below the long term average of 36%.
Advised Betting Bank: No bank was advised for following the service but we used a 100 point bank which proved to be sufficient.
Subscription costs: The costs to sign up are £1 for the first 14 days then £37 per month.
OVERALL VERDICT: NEUTRAL
Although under new ownership, unfortunately Thoroughbred Betting returned similar results to the previous owners, with a 16 point loss being made to advised prices at the end of our three month trial.
Whilst that wasn’t a calamity by any means, we feel it is a watching brief for now until there are signs that the service can start generating some regular profits.
Thoroughbred Betting – Results Update
15th January 2018
The slow improvement has continued for Thoroughbred Betting, with another 5 points profit made since our last update.
That means we are now level for the trial at advised prices.
There has also been a small improvement at Betfair SP, with 2 points profit made since our last update.
However, that still leaves us 10 points down for the trial overall at Betfair SP.
The highlight of the trial came on Saturday when they managed to land three winners in a row, at prices of 15/8, 5/1 and 11/4, which would have been nice if you had it in a treble.
Anyway, good to see the service has recovered to get back to even and let’s hope it can now finish the trial with a flourish.
Thoroughbred Betting – Results Update
15th December 2017
There’s been something of an improvement for Thoroughbred Betting since our last update, with 12 points profit made at advised prices.
That means we are just 5 points down for the trial overall at advised prices.
At Betfair SP things have picked up as well, with 9 points profit made since our last update, but we are still 12 points down for the trial overall.
Hopefully they are back on the right track now and we will see things move into profit for the trial overall soon.
Back soon with more updates.
Thoroughbred Betting – Results Update
22nd November 2017
It’s been a rocky start to our trial of Thoroughbred Betting, with 17 points lost to advised prices so far.
At Betfair SP it has been a little bit worse, with 21 points lost so far.
In the introduction to the review we copied an e-mail from Thoroughbred Betting say they would make “25-50 points per month guaranteed.”
We always cringe a little bit whenever a tipster says that because no matter how good you are, profits are never guaranteed.
And they will have to go some not to finish well down for this month, so that guarantee is looking a little hollow right now.
To be fair to them though, it is still early days in the trial and far too soon to draw any conclusions. They have also had quite a large number of second places so with a little bit of luck results could be a lot better at this point.
Let’s hope some of those seconds start turning into wins for them going forward.
Thoroughbred Betting – Re-Review
1st November 2017
Back in June we completed a trial of Thoroughbred Betting (a horse racing tipster) and gave it a failed rating after it lost 25 points during our trial.
However, the service has since been taken over by someone else and they are taking a completely different approach to it.
So we thought we would give it a look and see if the new owner can do a better job than the previous one of making some profit.
In many ways it is like a brand new review, but since we already have a “Thoroughbred Betting Review” here on the site, we thought best to clarify what was going on so there was no confusion.
The new Thoroughbred Betting service is run by a guy called Paul and he says the reason he bought the service was due to the large social media following as well as having a fully functioning website.
That sounds fair enough to us.
He says he is not a tipster as such, just a very well connected member of the horse racing community and gets insider info which he uses to his advantage.
Here is what Paul has to say about his service in his own words:
“I’m connected with well over 100 very influential people in racing and this allows me a clear upper hand when tipping horses. Having said that it doesn’t take into account factors such as unknown injuries/illness with the horse, jockey error etc so its never a guarantee.
The best way I can sum it up is every time I tip a 6/1 you can basically expect it to run like a 3/1, and a 4/1 will most likely run like a 2/1 and so on.
Its like flipping a coin that 65% of the time will land on heads. If you only flip it 3 times it may still land on 3 tails, its unlikely but it can happen. But flip that coin 300 times and you know for a fact they’ll be more heads than tails.
That analogy sums up what my service offers. Its absolutely guaranteed monthly profits. I can’t believe that some tipsters have losing months and say its just a blip. I don’t have losing months. NEVER.
25-50 points per month without fail. GUARANTEED.”
Well we’ve heard that before a few times and virtually all of such promises have failed to deliver, but we will put our scepticism aside for the moment and see how the new Thoroughbred Betting gets on during a live three month trial here at Honest Betting Reviews.
Since taking over the service, the results published on the website look promising with 36 points profit made at an ROI of 46%.
Our own trial results will be updated on this page periodically during the trial and we hope we will have some good news to deliver.
We started receiving the tips on 29th October and they have started well so that is a good sign. Let’s hope it continues like that.