Overpriced Horse Tips (Month 2 Update)

| January 14, 2019 | Reply

ALL UPDATES IN BOLD

Product Name:

Overpriced Horse Tips

Company Name & Contact Details:

Sports Betting Stars

The Tower Daltongate Business Centre
Daltongate
Ulverston
Cumbria
LA12 7AJ

Email via the “Contact Us” page of www.sportsbettingstars.com

Price:

£29.99 per month, with an introductory offer of the first 14-days for £1.

A quarterly subscription is available at £79.99, again with the first 14-days available for £1. This saves 11% over the monthly price.

An annual option is also available at £299.99, with the first 14-days for £1. This represents a saving of 16.6% over 12 individual monthly subscriptions.

Money Back Guarantee:

Yes, a 14-day unconditional guarantee is offered. Although the first 14 days are available for just £1 anyway, and there’s nothing to suggest the guarantee starts at the commencement of the full fee period.

What Do You Get?

An average of one or two single win bets each day delivered by email the evening before racing. All selections are to flat one-point win stakes.

Where to Buy:

https://sportsbettingstars.com/tipsters/overpriced-horse-tips#signup

How Much Money Do I Need to Get Started?

A starting bank of 75 points is recommended by this tipster.

How Much Money Can I Make?

The website points to an historic monthly average profit of £110, or 11 points at £10 per point stakes.

How Much Time Will I Need to Make This Work?

This is simple win singles only system, and with only one or two tips per day takes a matter of a couple of minutes to follow each day. Tips are usually sent between 20:00 and 21:30 each evening.

Will I Need Any Equipment to Do This?

A laptop, PC, tablet or smartphone with internet connectivity and access to online bookmaker accounts.

Value for Money?

The name of the service refers to the selections rather than the cost of the tips! At £29.99 per month it is mid-range in terms of today’s market. However, we will wait until the end of the three months before making a final assessment.

Quality of Customer Service?

The website refers to full 24-hour support through the Sports Betting Stars platform. However, the only contact details are a “contact us” email form and a postal address, neither of which suggest an immediate response. There is no indication of how quickly emails are responded to.

None of this has been tested.

Review

Overpriced Horse Tips is the longest running tipster on Sports Betting Stars, having been providing tips since January 2013. In that time, they claim 731.47 points total profit at an average of just under 11 points per month and an ROI (Return on Investment) of 26%. Over a five-year period, an ROI at this level is exceptionally good.

The website has a month-by-month breakdown of the performance, but there are no detailed results by selection. Results are available on racingproofing.com but only go back as far as 2015.

As the name suggests, the service is based on identifying horses that have been overpriced by the bookmakers. Using the early markets the night before racing gives the best opportunity to take advantage of any such perceived errors on the bookies part before the market regulates itself.

On average there are just one or two selections per day and all are simple win singles at one-point flat stakes.

The email usually arrives between 20:00 and 21:30 each evening and is very straightforward, giving just the race time and venue, the selection, the advised price and the bookmakers currently offering that price. The advised odds have generally been available when I have checked them.

Results – Month 1 (12th November to 11th December 2018)

Two winners in the first 14 tips saw us sitting on a small profit, before a sequence of 25 consecutive losers saw us end the month in a 23-point deficit. Looking back over the historic monthly results on the website I could only find one monthly period where a bigger loss was recorded.

Whilst the average odds for this service would suggest losing runs will occur, a sequence of 25 is still exceptional and the website does claim that Overpriced Horse Tips has “always kept losing runs to a minimum.”

The average odds for all selections this month was 7.44 (around 13/2), with the two winning selections priced at 5/1 and 9/1. The strike rate of 5.13% is extremely poor and will need to show significant improvement in the next two months if the historic results are to be echoed. At these average prices a breakeven rate would be around 13.5%.

Results – Month 2 (12th December 2018 to 11th January 2019)

The losing sequence at the end of last month continued into this one, with a further 14 losers giving us a 39 selection losing sequence before the next winner came along on 31st December. There was one further winner before the end of the month, but only after another run of 11 losers. The two winners this month gave us a higher strike rate than last month’s two due to there being 11 less selections in the period. However, the strike rate this month was still only about half of what it needs to be for this service to even breakeven in a month.

Overall we added another 13.5 points loss to the brought forward figure, giving us a cumulative negative of 36.5 points for the two months.

Average odds this month were a point higher than last month at 8.41 (c.15/2), although the winning selections were lower than the previous period at 11/2 and 7/1.

Summary at End of Month 1

A disappointing start to the review and we will be looking for a significant turnaround in the next two months.

Summary at End of Month 2

Unfortunately, I am struggling to find any positives in the performance so far, and can only wait and see if the final month goes anyway to redressing the balance.

 

The full list of results for the review can be found here.

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Category: Betting Systems

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