Banker Bets (Final Update)

| October 30, 2018 | Reply

ALL UPDATES IN BOLD

Product Name:

Banker Bets

Company Name & Contact Details:

John Baker
support@banker-bets.com

Price:

There are a number of options available as Banker Bets incorporates both Banker Bets and Value Picks. You can subscribe to one or other service individually or to both for a reduced fee.

Either service individually is priced at £27 per month, £54 per quarter (three months for the price of two) or £155 for the year (less than half the cost of 12 individual months).

The combined membership (Banker Bets plus Value Picks) is priced at £39.95 per month, £77 per quarter (better than 3-for-2) or £227 for the year (saving over 50% against the individual monthly cost).

For either of the individual subscriptions the first month is available for £6.75 and for the combined subscription for just £9.95.

Money Back Guarantee:

Each initial subscription payment is covered by a 30-Day Money Back Guarantee. This guarantee is limited to initial subscription payments only and does not apply to renewals.

What Do You Get?

Up to four services in one. Choose Banker Bets or Value Picks, combine them into one service or elect to follow Banker Bets as multiples when there are more than one selection in a day. From 1st November 2018 the multiples option will no longer be officially recommended.

Where to Buy:

Full Price Subscriptions

How Much Money Do I Need to Get Started?

The recommended starting bank for Banker Bets is just 15-points. From 1st November 2018 the recommended starting bank for Banker Bets will rise to 20-points as there is a planned change in the types of bets being recommended. For Value Picks it is 40-points, and if you are following both as one service the safe option would be 50-points.

How Much Money Can I Make?

There are no specific claims made but there is reference to “consistent, low-risk profit”.

How Much Time Will I Need to Make This Work?

Just a few minutes each day that tips are advised.

Will I Need Any Equipment to Do This?

PC, laptop or mobile device with access to online bookmaker accounts. I would recommend as many bookmaker options as possible, especially those that offer best Asian odds.

Value for Money?

As always, this waits until the end of the review, but with a free trial offer available what have you got to lose? Whilst there were no major losses in the review period, it was only the Value Picks at £20 per point stakes and higher which would have delivered a net profit after the cost of the service – at £50 per point there would have been a net profit of £140.75 for the three months. The Value Picks option does offer some scope for VFM, but the proposed changes to the Banker Bets service will need to improve the performance before we can say “yes” for that system or the combined option.

Quality of Customer Service?

John lists “prompt, courteous customer support” as one of the things you get with your membership and I would have to say that my experience of dealing with them bears this out completely.

Review

As well as the original Banker Bets service there is also the newer Value Picks service available on the site. Both services are run by John Baker who is also the man behind Draw Profits which we will be reviewing next month.

Banker Bets is a low-odds, high strike rate service and covers bets in all the major leagues, particularly in Europe. With a recommended starting bank of just 15-points you can expect long winning runs and short losing ones, generating a slow but steady growth in your bank. From 1st November 2018 there will be some changes to the types of bets covered in the Banker Bets service to include Double Chance, Draw No Bet and -1.5 Asian. This will increase the opportunities for backing more moderately priced favourites with a degree of caution, and the very short-priced favourites with a handicap to increase their value. This will mean an increase in the recommended starting bank to 20-points.

Value Picks operates at slightly higher odds and utilises Asian handicaps, over/under goals, draw no bet, double chance, both teams to score etc., as well straight match odds. The starting bank for this service is slightly higher at 40-points to reflect the chance of longer losing runs.

An alternative option on the Banker Bets front is to back them as multiples on days when there is more than one selection. This obviously inflates the odds but increases the risk. I will cover all of the various options in the results section below. From 1st November, Banker Bets will no longer be recommending the multiples option officially, although this remains an option for anyone wanting to stick with it.

Because of the low odds being targeted they are nearly always available and they also tend to be quite stable. I also like the fact that John quotes average odds alongside the best odds for each selection and uses the average odds to populate the results history on the website. This means that you should always be able to better the results shown on the Banker Bets website.

The daily e-mail is very detailed with a review of the previous day and full match analysis of the day’s picks. It is clear from the analysis that a lot of time and effort goes into selecting the picks and it isn’t just a case of picking a few short-priced favourites at random. Value Picks tends to have less in the way of analysis of the selections and the review of the previous day can be a bit hit and miss. E-mails are sent for both services to confirm “no bet” days.

Results – Month 1 (30th July to 29th August 2018)

The original Banker Bets made a small loss of just 0.84 points in the first month of the review. With 25 winning selections from 34 the strike rate was 73.53% and the average odds of selections was 1.34.

If you had followed the option to back days with more than one selection as multiples the loss would have been higher at 2.38 points. The average odds using this option increased to 1.87 but the strike rate dropped to 58.82% (10 winning bets from 17).

Value Picks ended the month with a loss of 2.2 points. This service had more action in the month with 51 bets, of which 26 were successful to give a strike rate of 50.98%, and average odds of 1.84.

Combining Banker Bets and Value Picks together delivered a loss of 3.04 points in the first month. With a strike rate of 60% and average odds of 1.64, it was a run of four defeats in the last five picks that undid what was heading for a breakeven month.

Whilst these results are not going to set the world alight, neither are they a major cause for concern in the wider scheme of things. August is a notoriously difficult time for football tipsters as the major European leagues all start their new seasons and form can be somewhat sketchy. As we enter September and October and the form settles down and new signings find their feet I would expect the results to improve and wipe out the small losses incurred to date.

Results – Month 2 (30th August to 29th September 2018)

The original Banker Bets system performed virtually identically to Month 1, ending with a loss of 0.88 points and a strike rate of 73.33%.  During this month we saw winning runs of five and six (twice), but it was the two consecutive losses at the start of the month that ultimately led to the small loss. At average odds of just 1.35, a loss of two-points creates a small mountain to recover. In the end, the closest we got to getting back to breakeven was 0.3 points loss, before Lyon were held at home by Nantes in the penultimate tip of the month (they also managed to squander a penalty!).

The combined loss for Banker Bets after two months is now 1.72 points, from a strike rate of 73.44%. Profitability from this service, assuming the same average odds, comes from a strike rate closer to 80%.

Following the multiples approach would have resulted in a loss of 2.39 points, as many of the multiples ended up falling foul of one upset. After two months this approach has lost 4.77 points.

However, the Value Picks service did deliver a profitable month, generating 7.63 points of profit. This came from a strike rate of 54.72% across 53 selections and average odds of 1.9 (9/10). The average odds of the winning selections was very similar, and included winning odds up to 2.38 (c.7/5). Although the strike rate and average odds were very similar to the previous month, it was the fact that there were also six pushes this month compared to just one last month which increased the profitability. Obviously this has the effect of shielding the bank from additional losses.

It was also a good recovery in the period as we had endured six out of seven bets losing early on in the month, leaving the loss at one stage at 4.43 points. The final ROI (Return on Investment) for the period was 14.39% and the Return on Capital (ROC) 19.06%.

This profit more than wiped out the first month loss for Value Picks and left the cumulative profit at 5.43 points. The ROI and ROC for the two months now stand at 5.22% and 13.56% respectively.

Had you opted for the combined Banker Bets and Value Picks package you would have banked a profit of 6.75 points, which cleared the first month’s loss and left a cumulative surplus of 3.71 points. Betting at £50 per point you would have cleared a net profit, after the cost of the joint membership, of £105.35 for the first two months. In comparison, had you staked £50 per point on the Value Picks only in the same period (and paid for just this service) your net return would have been more than double that at £217.25.

Results – Month 3 (30th September to 29th October 2018)

A third consecutive month with a small loss for Banker Bets, this month slightly higher at 1.35 points. This was in spite of an unbroken run of nine consecutive winning bets to end the period. The real damage was done with four losers in seven bets across the 20th and 21st October which lost a total of 3.11 points. 

Over the full review period we have now accumulated a loss of 3.07 points from the original Banker Bets system. The performance has been consistent, with the strike rate hovering around 72.5% to 73%. The average odds of selections across the review period was 1.34 (c.1/3) and the average odds of winning selections was very similar at 1.32.

Following the multiples option for this month would have resulted in a tiny loss of 0.24 points. This performance was helped significantly by landing the fivefold on the final betting day of the review. Overall this approach has fared slightly worse than the standard approach, losing 5.01 points over three months. 

For a long part of the period it looked as though Value Picks would again be the shining light until four losses and a push in the last seven bets saw it fall to a small loss of just 0.99 points for the month. Both the strike rate (48.94%) and average odds (1.82) were down on the previous period, as was the average odds of winning selections which ended the period at 1.8 (4/5). 

Over the full review period, however, it is this element of the service which has delivered a profit, achieving 4.44 points. The ROI (Return on Investment) was 2.94% and the ROC (Return on Capital) 11.09% across the three months.

Following the combined Banker Bets and Value Picks selections would have resulted in a loss of 2.34 points this month, but a profit of 1.37 points overall. 

Summary at End of Month 1

Slightly disappointing to start the review period with a loss but the timing won’t have helped as mentioned above. No real damage done, and expectations are that with the level of analysis that goes into selections we will see results improve over the next two months.

Summary at End of Month 2

Whilst Banker Bets and Banker Bets (Multiples) struggled for a second month, Value Picks came good and can now point to a healthy 13.56% ROC after two months. Playing at slightly higher odds gives this service far more scope to recover from losses compared to Banker Bets.

Summary at End of Month 3

The very low odds at which Banker Bets operates means its strike rate needs to be a further 10% higher than it has been throughout the review period to deliver consistent profits. The proposed changes detailed above should give it more scope to increase the strike rate, average odds and (hopefully) the profitability. With the Value Picks option operating at a profit already, these changes could see the overall package kick on to consistent profitability and it may be worth monitoring the coming months at The Tipster League. However, based on what we have seen in the review period I am awarding an overall 2-stars to this service.

The full results of the trial period can be found here:
Banker Bets

Banker Bets (Multiples)

Value Picks

Banker Bets & Value Picks Combined Published Results

Email

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Category: Betting Systems, Football

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