It’s time for another column from Head Reviewer Peter…
Welcome to 2017
A very happy new year to all members and may your betting activities at whatever level be successful.
Now, we all expect email marketing to be somewhat over positive about the service or product being promoted…
It goes with the territory and your membership of sites such as this one demonstrates you already have a healthy degree of scepticism.
But, there are always going to be newcomers to the sports betting world and they are less likely to know the tricks of the trade and indeed the names that keep coming back to haunt us despite having been shown to be less than worthy in the past…
One such animal is Equine Investment Management which makes the lofty claim of being the “UK’s leading online provider of betting advice”…
I suspect most of you can think of several names that would feature before them.
I received an affiliate promotion from one of the services currently under review offering free access to the 7bets4free service implying it was a new venture but of course it is mutton dressed as lamb.
Take a look at the review undertaken in 2014 when the Jon Owen empire was trading under a different name…
An operator with a less than enviable track record who we still suggest is best avoided.
Compounding your profits
Many punters hold on to the adage that if a service or system does not work at level stakes then it is not worth looking at but that does not mean that you should overlook the potential for improving your profits from the service and this can be done by means of a staking plan or just simply compounding your bets.
Compounding is one of the easiest ways to enhance your profits and is nothing more that re-calculating your stake for the next bet by using the bank balance that has resulted from the last one.
If you have a £1,000 bank being 100 points and are betting 1 point (£10) stakes we will assume the first bet wins at odds of 3/1 thus increasing your balance to £1,030…
The next stake should then be £10.30 – the new balance divided by 100.
A winner here at 2/1 increases the balance to £1,050.60 with the next stake now £10.51.
The next bet loses so you balance reduces to £1,040.09 and the stake £10.41.
You may think that the adjustments involving just pennies are not worth the time and effort but you would be very wrong…
The image below shows the comparison between the two staking options for a real service which I have been monitoring over some two and a half years.
Click image to enlarge.
The ride is a bit rockier but if the underlying service is sound then the effort to recalculate the stake is more than justified.
We have a couple of services where the initial review has now been published but I’m sad to say neither of them are going to be must buys…
Odds on Bankers has meandered around its starting point for three months and costs its subscribers over £200 in fees for the privilege while Doug McKenna Racing has nose dived from the apparent pre-launch success story that was being lauded from the roof tops – click on the links to see the full picture.
That’s it for now but I hope to have some good news on the battle with the bookmakers’ illegal use of software programs on your device next time.
Download SIX mini sports trading systems for FREE
Sign up here and I'll immediately email you a copy of my Sports Trading Bible, worth £20, COMPLETELY FREE of charge...
What's more, you'll also receive my e-letter, the Betting Rant... And again, it's COMPLETELY FREE.
I respect your privacy and will never pass on your email address to anyone else.