Colossus Racing (Final Update)

| June 10, 2019 | Reply

ALL UPDATES IN BOLD

Product Name:

Colossus Racing

Company Name & Contact Details:

Sportsworld Publishing Ltd
BBIC
Innovation Way
Barnsley
South Yorkshire
S75 1JL

01302 429299

customercare@sportsworldpublishing.co.uk

Price:

£40 per month. First month available for half-price.

Money Back Guarantee:

None mentioned.

What Do You Get?

Daily win singles on British and Irish racing, with a sprinkling of each-way selections. Generally, there are just one or two selections per day, sent by email on the morning of racing.

Where to Buy:

Colossus Racing

How Much Money Do I Need to Get Started?

A starting bank of 100-points is recommended.

How Much Money Can I Make?

No claims made, but the results spreadsheet on the website shows 68.34 points profit between mid-October 2018 and the end of March 2019. A monthly average, therefore, of around 12-points.

How Much Time Will I Need to Make This Work?

Literally a couple of minutes each day when the tips are received.

Will I Need Any Equipment to Do This?

The selections can easily be placed at your local betting shop. Alternatively, a laptop, PC, tablet or smartphone with internet connectivity and access to a range of online bookmaker accounts will ensure you are more likely to get on at the advised prices.

Value for Money?

An assessment will be made at the end of the three months. After two months it looked likely that this would be an affirmative. However, the fall off in the third month leaves me unable to give a VFM pass based on the review period, especially when you factor in the cost of the membership as well. 

Quality of Customer Service?

Sportsworld Publishing Ltd has a track record spanning 24 years in the industry, so their customer care should be first class. They offer both telephone and email support.

Although I haven’t had to contact customer support during the trial to date, I have had contact with their management whilst setting up the reviews and found their approach to be professional and courteous at all times, with a timely response to any communication from me.

Review

Colossus Racing has been providing his tips on the Sportsworld Publishing platform since mid-October 2018. Run by “an old hand” with 40-years’ experience watching and betting on horse racing, Colossus Racing’s selection strategy is described as being “…based on the angles I gain from contacts, race watching and pure and simple form study”. Colossus acknowledges that the angles he looks at have evolved over the last four decades as new indicators become available, for example speed ratings and, more latterly, the insight provided by the betting exchanges.

This is a selective service with just one or two tips per day on single win or each-way bets. Staking is on a scale of one to three-points in total per selection.

The Colossus Racing page on the website states, “No Odds-on” and “…generally backing horses 10/1 that are (either) deemed to be excellent value…” However, in the first month of the review we have seen one selection at 1.909 (10/11) and just one at 10/1 (11.0). The remainder have been in the range 2.625 (13/8) to 10.0 (9/1), with an average of 5.47 (c.9/2).

That’s not to say it can’t be a profitable service, it just makes it more difficult to ascertain exactly where the selections are being targeted.

The daily email generally arrives between 09:30 and 11:30 each morning and is concise and to the point. You get details of the race, the selection, the advised price and stake and the bookmakers currently offering those advised odds. There is no analysis of the selections or rationale for their inclusion.

Results – Month 1 (9th March to 8th April 2019)

The first month of the review got off to the perfect start with two of the first three selections winning for a gain of 11.88 points. This was soon followed by back-to-back winners at Cheltenham in the form of Sire Du Berlais and Ch’tibello, which left us over 20 points to the good. This level of profit was maintained until halfway through the month, before a run of just one win in 16 selections wiped out the profit and left us with a tiny loss for the period of a quarter of a point.

The average odds of all selections were, as mentioned in the review above, 5.47. The average odds of the winning selections, however, was almost a full point lower at 4.67 (just over 7/2).

There were seven winners from the 33 selections this month, a strike rate of 21.21%. There was an additional placed each-way selection, which happened to be the 10/1 shot, Stephanie Sunshine.

Results – Month 2 (9th April to 8th May 2019)

We saw something of a mirror image to the first month, with the second half of this month coming good in a big way. After failing to land a treble and a fourfold halfway through the month we were looking at a loss of just under nine points. However, from that point we saw nine of the next 14 selections win, including a 5/1 double and two three-point maximum bets. This carried us all the way through to a profit of 17.21 points at the end of the month. We are now left with a cumulative profit of 16.94 points after last month’s all but breakeven performance.

The strike rate on the single bets was a much improved 40% and more than offset the drop in the average odds of the winning selections to just over 2/1 (3.08). Of the three multiples in the period (one double, one treble and one fourfold) it was the 5/1 double that was successful, the other two both losing.

The return on investment (ROI) this month was 25.69% and gives us an ROI after two months of 13.13%. The net ROI, after deducting the cost of membership for two months is 6.53% at £10 per point stakes and 11.75% at £50 per point.

Results – Month 3 (9th May to 8th June 2019)

A week into this month it looked likely we were going to see an improvement on the previous month even.  After two weeks we were still sitting on a profit, albeit that it dropped to 6.89 points at this time. But the final 27 bets of the review period yielded just one win single and a two-out-of-three Trixie, losing 38.45 points in the process and leaving the month with a final deficit of 31.56 points. After three months the cumulative loss stands at 14.62 points.

The strike rate on the singles this month fell back to the levels of the first month from an almost identical  number of selections. The difference between the breakeven performance in Month 1 and the loss this month was mainly down to a fall in the average odds of the winning selections from 4.67 (just over 7/2) to 3.59 (a tad over 5/2).

In many ways this is the worst set of results for a three-month review. One profit, one loss and one breakeven month give little indication of the overall potential of a service. Although a cumulative loss of c.15-points makes little impression on the recommended bank, if you also factor in the cost of the membership then the drawdown at £10 per point stakes becomes 26.62%.

Consequently I’m going to be left sitting on the fence on this one and suggest that it’s probably worth a longer look given its earlier results*.

Summary at End of Month 1

Although it was a disappointing end to the month, there was little damage done overall with just the quarter point loss (plus the cost of the membership). There appears to be plenty of scope for Colossus Racing to redress the balance in the next two months.

Summary at End of Month 2

A much improved month which has put Colossus Racing in a strong position to complete the review with a good return.

Summary at End of Month 3

The final two-weeks of the review period were extremely costly for Colossus Racing, not only wiping out the previous profits gained, but also resulting in an overall loss for the three months. All-in-all, a less than conclusive review either way and you may benefit from taking a longer look.

 

A full breakdown of the results during the review can be found here.

* Reference to facts and figure outside of the review period are taken from our partner Tipstars.

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