Winning Favourites – Final Review

We have reached the end of our one year trial of Winning Favourites and here are the final results:-

 

Profit/Loss:	+8 points profit
Strike Rate:	36%
Bank Growth:	+32%
ROI:	1%
Average number of bets:	2 bets per day
Cost:	FREE for first 7 days then £19.99/month
VERDICT:	NEUTRAL
Rating:

 

You can view full results here.

 

Winning Favourites – Full Review

 

Winning Favourites is a horse racing service provided by a guy called Rob Reed who says he has been around betting most of his life and knows the importance of finding value bets. 

Rob points out that you don’t need to be backing long shots to find good value when betting. In fact over the last 10 years there have been over 88,000 clear favourites in UK racing and 35% of them have won. The return on investment of backing all of them would have been -2.69%.

Although that is obviously a negative figure, it is still a lot better then backing long-shots, with the ROI of backing horses over 20/1 tending to be worse than -20% for example. 

It’s a theory we have written about a few times and is certainly backed up by a good deal of evidence, so we could see the service was based on sound principles. 

Could it actually make a profit in practice however, as you still need to find value to turn that negative ROI figure into a positive one? 

We gave the service a good year (just over a year, in fact), to see if it could produce the goods. That included over 650 bets, a very decent sample size. 

Well at the end of our review the service finished with a small profit of 8 points at advised prices. 

That came with a solid strike rate of 36% but a small ROI of just 1%. 

The Betfair SP results were slightly worse, with a loss of 13 points made over the course of our trial.

It was a fairly straightforward service to follow, with all bets being one-point win bets and the subscription costs are reasonable. 

There were some fluctuations in their fortunes over the course of our trial, as you can see in the graph below:-

Overall then, whilst we always say a profit is not to be sniffed at, having made just 8 points after more than a year of tipping means we can only really award Winning Favourites a NEUTRAL rating in the end. 

 

Service Breakdown

Ease of use: The selections are sent out by e-mail, usually in the morning UK time (9-10am) with plenty of time to get the bets on. 

Availability of prices: We didn’t notice any discernible impact on prices, which you would expect when backing favourites as there is usually the most liquidity on them. 

Strike rate: The strike rate for our trial was good for a horse racing service at 36% so there were a reasonably steady rate of returns.  

Advised Betting Bank: A 25 point betting bank is recommended for following the service which seems a little on the low side to us and would have actually been lost had you joined at the start of a downturn early on in the trial. We would have thought a 50 point bank would be more appropriate here. 

Subscription costs: The current subscription costs at the time of writing are reasonable at free for the first 7 days then £19.99 per month.

 

OVERALL VERDICT: NEUTRAL

Winning Favourites is a horse racing service that focuses on horses at the head of the market. After a trial of just over a year, it finished with a profit of 8 points at advised prices. 

Although it is always good to see a profit made, after more than a year you would hope to see a little more profit to make it worthwhile subscribing, so we think a NEUTRAL rating is fair in this instance. 

 

 

 

 

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Winning Favourites – Results Update

27th January 2023

It’s been a step in the right direction for horse racing service Winning Favourites recently, with a profit of 6 points made to advised prices since our last update.

That means they are now 13 points up at advised prices for our trial overall.

You can view full results here.

The results are still lagging at Betfair SP, with 5 points profit made since our last update but 8 points lost for our trial overall.

Good to see some positive momentum with this one, let’s see if they can keep it going. 

 

 

 

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Winning Favourites – Results Update

22nd December 2022

Not much change for horse racing service Winning Favourites recently, with a loss of 1 point made to advised prices since our last update.

That means they are now 7 points up at advised prices for our trial overall.

You can view full results here.

The results are still lagging at Betfair SP, with 1 point lost since our last update and 13 points lost for our trial overall.

They have struggled to really get going in this trial but hopefully can kick on in the new year.

 

 

 

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Winning Favourites – Results Update

11th November 2022

There’s been a slight move backwards for horse racing service Winning Favourites over the last month, with a loss of 6 points made to advised prices since our last update.

That means they are now 8 points up at advised prices for our trial overall.

You can view full results here.

The results are still lagging at Betfair SP, with 12 points lost since our last update and 17 points lost for our trial overall.

It’s been a bit of an up-and-down trial this one but still ahead overall at advised prices which is the main thing. 

 

 

 

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Winning Favourites – Results Update

11th October 2022

It’s been a good month for horse racing service Winning Favourites, with a profit of 14 points made to advised prices since our last update.

That means they are now 15 points up at advised prices for our trial overall.

You can view full results here.

The results are still slightly lagging at Betfair SP, with 7 points profit made since our last update but 5 points lost for our trial overall.

The tips are normally sent out early in the morning on the day of racing and with just 1-2 bets per day it’s a pretty simple service to follow. 

 

 

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Winning Favourites – Results Update

2nd September 2022

A slight dip for horse racing service Winning Favourites over the last month, with a loss of 5 points made to advised prices since our last update.

That means they are now just 1 point up at advised prices for our trial overall.

You can view full results here.

The results are still slightly lagging at Betfair SP, with 7 points lost since our last update and 12 points lost for our trial overall.

So it’s case of treading water for this service, no damage done but not much forward progress either.

 

 

 

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Winning Favourites – Results Update

28th July 2022

Horse racing service Winning Favourites is back in the green this month, with a profit of 5 points made to advised prices since our last update.

That means they are now 6 points up at advised prices for our trial overall.

You can view full results here.

The results are still slightly lagging at Betfair SP, with 3 points profit made since our last update but 5 points lost for our trial overall.

Not setting the world on fire yet this one but still in profit for our trial at advised prices so can’t complain too much really.

 

 

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Winning Favourites – Results Update

27th June 2022

A small drop for horse racing service Winning Favourites over the last month, with a loss of 5 points made to advised prices since our last update.

That means they are now just 1 point up at advised prices for our trial overall.

You can view full results here.

The results are slightly lagging at Betfair SP, with 6 points lost since our last update and 8 points lost for our trial overall.

Tips are normally sent out early in the morning (around 0900 UK time), which gives plenty of time to get the bets on.

 

 

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Winning Favourites – Results Update

26th May 2022

There’s been a small pullback for horse racing service Winning Favourites recently, with a loss of 5 points made to advised prices since our last update.

That means they are now 6 points up at advised prices for our trial overall.

You can view full results here.

The results are slightly lagging at Betfair SP, with 6 points lost since our last update and 2 points lost for our trial overall.

The strike rate has remained strong at 40%, but just need it to tick up a little to really get things moving forward in terms of profit. 

 

 

 

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Winning Favourites – Results Update

27th April 2022

It’s been a decent time lately for horse racing service Winning Favourites, with a profit of 8 points made to advised prices since our last update.

That means they are now 11 points up at advised prices for our trial overall.

You can view full results here.

The results are slightly lagging at Betfair SP, with 2 points profit made since our last update and 4 points profit made for our trial overall.

Something of a slow burner then this one so far but a profit is a profit so we certainly aren’t complaining.

 

 

 

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Winning Favourites – Results Update

20th March 2022

It’s been a quiet start to our trial of horse racing service Winning Favourites, with a profit of 3 points made so far to advised prices.

You can view full results here.

It’s a similar story at Betfair SP, with 2 points profit made for our trial to date.

We have found the service simple to follow so far with just a couple of bets per day on average which are normally sent out early on the morning of racing. And by backing favourites there has been a decent strike rate which keeps the bank ticking along.

So a solid start then here, hopefully they can move things forward by the time of our next update.

 

 

 

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Winning Favourites – New Review

22nd February 2022

We are starting a new trial today of a horse racing service called Winning Favourites.

The service is provided by a guy called Rob Reed who says he has been around betting most of his life and knows the importance of finding value bets. 

Rob points out that you don’t need to be backing long shots to find good value when betting. In fact over the last 10 years there have been over 88,000 clear favourites in UK racing and 35% of them have won. The return on investment of backing all of them would have been -2.69%.

Although that is a negative ROI, it is actually much better than most punters manage and you would have a far worse ROI from backing all long shots. This is something that has been extensively studied and found time and again. It is often called the favourite-longshot bias.

So in essence backing favourites puts you at a less of a disadvantage than backing outsiders and you are obtaining better value right out the gate. You still need to turn that negative ROI into a positive one however and that is what Rob appears to have done.

Since starting out in July last year he has made a profit of 33 points to advised prices and 25 points to Betfair SP.

The strike rate has been around the 50% mark whilst the ROI has been over 10%, which is very good when you consider the low odds of the selections.

The good thing about backing favourites is you don’t need a huge bank and in fact they think a 25 point bank would be okay for following the service.  

It does look like a promising service so we’ll be interested to see if they can keep the good results going during a live trial.

We started receiving tips on 6th February so will record results from then. We will update things as we go along here.

In the meantime you can check out Winning Favourites for yourself here.