The Racing Specialist (Final Update)

| April 1, 2019 | Reply

ALL UPDATES IN BOLD

Product Name:

The Racing Specialist

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:

Monthly subscription fee is £29.99, with an introductory offer of the first 14 days for free.

A quarterly option is also available at £79.99 (a saving of 11% against the monthly cost). The free intro offer applies to this option as well.

There is also an annual subscription option which costs £299.99 (saving over 16.6% off 12 individual monthly fees). The intro offer applies equally here as well.

Money Back Guarantee:

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

What Do You Get?

Daily win single bets on UK racing delivered by email on the morning of racing.

Where to Buy:

https://sportsbettingstars.com/tipsters/racing-specialist

How Much Money Do I Need to Get Started?

A betting bank of 75 points is recommended by this service.

How Much Money Can I Make?

No wild claims from this service, just a steady average of £128 per month to £10 stakes according to their historic results. This equates to 12-13 points per month on average.

How Much Time Will I Need to Make This Work?

Simple win single bets with just one to four selections per day (or no bet on some days), so placing the bets is quick and easy once the email is received between 8 and 11 each morning.

Will I Need Any Equipment to Do This?

A laptop, PC, tablet or smartphone with internet connectivity and access to online bookmaker accounts is preferred to access the best odds. But there’s nothing to stop you using this service at your local bookmakers now the tips are out on the morning of racing.

Value for Money?

As always, I’ll defer a comment on this until the end of the review period. The overall loss for the three months makes it impossible to award a VFM pass based on the review period.

Quality of Customer Service?

Not tested.

Review

The Racing Specialist is part of the team on the Sports Betting Stars platform. Active since February 2016, the service is based on consistency rather than big wins. The historic results show just seven losing months in 36 (although that does include small losses in each of the last two months) and a biggest winning month of 52-points, with an average of around 12-13 points profit per month.

The Racing Specialist provides win singles on UK racing and staking is a flat one-point per selection. It doesn’t come any more straightforward than that!

Up until 24th January 2019 the tips were sent the evening before racing. However, after an enforced change due to family reasons, the decision was taken to stick with sending the email on the morning of racing. It now arrives between 08:00 and 11:00 each day and follows the standard Sports Betting Stars format. You will simply receive the race details, the selection, the advised odds and the bookmakers offering those odds.

There is no analysis of the rationale behind the selections, so if you like an insight into the tipster’s thought process this won’t tick that box.

There are between one and four tips per day, and a notification is sent if it is to be a “no bet” day. An average month will have around 35 tips in total.

Results – Month 1 (1st January to 31st January 2019)

Our review period got off to the worst possible start with the first 12 selections all losing. We also ended the month with an unbroken sequence of six losses. However, sandwiched in between these two runs was a period of eight winners in 16 selections, including a run of three consecutive successes.

This meant we ended the first month with a small loss of just 1.25 points, so no real damage done and still plenty of time to recover the average monthly performance.

The overall strike rate was 23.53% and the average odds of all selections 3.99 (3/1). The winning selections this month had average odds of 4.09, still around the 3/1 mark.

With 34 tips in the month this was well in line with expectations.

Results – Month 2 (1st February to 28th February 2019)

After a good start to the month with four winners from the first nine selections, and a cumulative profit of five points, the wheels came off a bit for the remainder of the month with just one winner from the remaining 15 selections. This gave us a slightly lower overall strike rate than last month at 20.83% and  a loss for the month of 5.5 points. The sole winner in the final 15 bets was actually the best priced success of the month with Uno Mas winning at Warwick at 7/2.

Although the average odds of all selections rose this month to 4.55 (c. 7/2), the average price of the winning selections actually fell to 3.7 (just under 11/4). This, along with the number of selections, contributed to the larger loss than last month. The number of opportunities this month was curtailed somewhat by the loss of racing to the equine flu scare.

Overall we are now sitting on a loss of 6.75 points after two months, and this comes from a strike rate of 22.41%.

Results – Month 3 (1st March to 31st March 2019)

An increase in the strike rate to 25.93%, coupled with an increase in the average odds of the winning selections back over 3/1 (4.13), meant we ended the final month of the review with a small profit of 1.93 points. This had the effect of reducing the cumulative loss for the three months of the review to 4.82 points. 

Five of the seven winners this month were priced 3/1 or higher, and this gave us an overall average for the review of 4.01 (almost exactly 3/1). They also came in batches with three consecutive winners (last two selections on 13th and the first one on 14th March) and then three in five selections, including back-to-back winners on 20th and 21st March.

The profit for the month would only cover the membership fee if using £15 per point stakes or higher.

Over the course of the three months the net loss (including the cost of membership) was £138.17 at £10 per point stakes and £330.97 at £50 per point stakes. The recommended betting bank of 75-points has not been vaguely troubled, with a total drawdown after the three months of just 6.4%.

Summary at End of Month 1

Although we saw a small loss in the period, the middle part of the month showed the potential of this service and gave cause for optimism that the results can be turned around in the next two months.

Summary at End of Month 2

Certainly not disastrous, and definitely not threatening the bank at this stage, but it would be good to see a profitable month to close out the review.

Summary at End of Month 3

At the end of the day we learnt very little about The Racing Specialist over the course of the review. A small profit following two small losses felt a bit like treading water. So whilst there was no major gain, there was no pressure on the betting bank either, and the only possible conclusion is that it needs monitoring over a longer period. 

 

The full results for the review period can be found here.

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