Statman Daily (Final Update)

| August 5, 2019 | Reply

ALL UPDATES IN BOLD

Product Name:

Statman Daily

Company Name & Contact Details:

WAP Tipsters Ltd
34 New House
67-68 Hatton Garden
London
EC1N 8JY

admin@waptipsters.com

Price:

£44 plus VAT = £52.80 per month, or;
£89 plus VAT = £106.80 per quarter

A 14-day trial is available for £1.20 (inclusive of VAT)

Money Back Guarantee:

None mentioned.

What Do You Get?

Tips from one horse racing meeting each day. Selections are generally singles and can be win or each-way. Selections are sent the evening before racing to utilise the early prices in the markets.

Where to Buy:

Statman Daily

How Much Money Do I Need to Get Started?

A starting bank of 125-points is recommended by this service.

How Much Money Can I Make?

No specific claims are made, but the detailed results sheet on the website shows 140-points profit between Cheltenham (March 2019) and the end of May 2019. This equates to around 56-points per month on average, with an ROI 9return on investment) of 16.86%.

How Much Time Will I Need to Make This Work?

There are between four and six selections most days, and with all of the relevant information clearly presented on the email it is a matter of minutes to get the bets placed.

Will I Need Any Equipment to Do This?

The standard advice of a PC, laptop, tablet or smart phone with internet connectivity and access to a range of online bookmakers applies to this service.

Value for Money?

As always, I will see out the three months of the review before offering a comment. Although it’s borderline at low stakes across the three months of the review, there is enough to suggest that this service definitely has some value to offer.

Quality of Customer Service?

There are no guidelines as to how quickly WAP Tipsters aim to respond to email enquiries and I have not used the contact form for support with this service. However, my dealings with them when setting up the review and on other matters have always been met with a prompt and professional response.

Review

Statman Daily from WAP Tipsters is derived from the original Statman service which focussed on festivals and big races only. The “Daily” version provides the best bets from one UK race meeting each day.

As the name suggests, this service is based on cold hard facts and figures, no gut feeling, no insider information, just pure statistics. As the Statman himself tells us, “I have developed many horse racing angles to make profit, some quite simple, some very complex, but all had to have the same result, PROFIT. After years of studying all things race stats and data, and developing nothing short of an obsession, I have refined my methods to a tee, enabling myself to do the one thing we all desire, pick daily winners”.

There are four to six selections most days and all are win or each-way singles, except for a very occasional multiple. The total stake is one or two-points on each selection. Prices range from long odds-on to 25/1 and bigger, with the average falling somewhere around 6/1 (7.0).

The selections for the chosen meeting each day are sent by email the evening before racing, generally between 18:30 and 21:00. The advised price and the bookmaker offering that price are included, making getting the bets placed quick and simple.

The daily service only started after the Cheltenham festival in March this year, and according to the website has delivered 140-points profit (including Cheltenham) up to the end of May. That equates to a monthly average of around 56-points and has been achieved with an ROI of 16.86% and a strike rate of 40.13%.

Results – Month 1 (4th May to 3rd June 2019)

To say this month was a rollercoaster is a bit of an understatement. The profit and loss went from a low of -23 points, to a high of +17.48 points, before finally ending up at a profit of 9.36 points for the period.

There were 152 bets in total, about the norm for the service, of which 46 won and a further 19 were placed each-way selections. The win strike rate of 30.26 is considerably down on the average from previous months and consequently led to the lower than average profit.

Given the lower profit and strike rate, it was no surprise that the return on investment (ROI) was also down on the historic figures. It actually ended the period at 3.46%.

Comparison with the historic figures may be a little unfair as the daily service is still in its infancy and there may well be some correction taking place in the true average performance.

Notwithstanding that, it was still a profitable month and one which provides a good base to build on for the next two months.

Results – Month 2 (4th June to 3rd July 2019)

This month failed to build on the profit from the first month, registering a loss of 20.19 points. This leaves us with a deficit of 10.83 points after two months, slightly disappointing but not really making a mark on the betting bank, with a drawdown of just 8.66%.

The strike rate this month was disappointing at 23.81%, given what was achieved last month and the historic average claimed. The lower strike rate also meant there were some more significant losing sequences, with a run of 12 being the longest in the month. However, it could have been worse had the average odds of the winning selections not been almost a full point higher than last month at 4.16 (over 3/1).

It is still early days for the service, and there will be some settling of the results before an accurate benchmark of its performance can be established.

Results – Month 3 (4th July to 3rd August 2019)

A big swing from last month which saw the loss wiped out and a bit more profit added. The final gain of 23.62 points in the period means we end the review at +12.79 points.

The swing came on the back of an improvement in the strike rate to 35.59%, the best of the three months. This was tempered slightly by a half-point fall in the average odds of the winning selections to 3.65 (just over 5/2). The higher strike rate also meant that the longest losing sequence in the month was just eight. 

A very healthy return on investment in the month of 18.6% left us with an overall ROI for the review of 2.39%. The net return after deducting the cost of membership is actually a small loss at £10 per point stakes, whilst £50 per point stakes would have generated an ROI of 1.79% and a cash surplus of £481.10

Summary at End of Month 1

Still early days for this service, but a steady profit to kick the review off.

Summary at End of Month 2

Although it was a losing month the cumulative deficit has made little impact on the betting bank, and there remains plenty of room for recovery.

Summary at End of Month 3

Although all of the metrics finished below the historic averages claimed, the service did show plenty of potential. It remains to be seen whether or not the early averages can be maintained over the longer-term, but there is every reason to expect this service to be profitable in the long run.

 

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

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