The Stat Man (Month 2 Update)

| January 9, 2019 | Reply

ALL UPDATES IN BOLD

Product Name:

The Stat Man

Company Name & Contact Details:

BetInfo24
JLC Marketing Ltd
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ

www.betinfo24.co.uk
contact@betinfo24.co.uk

Price:

The monthly subscription fee is £29.99.

There is the option of a quarterly subscription at £69.99 (saving 22.2%) or an annual payment of £199.99 which saves 44.4% against 12 individual months.

There is a 7-day trial available for just £1.

Money Back Guarantee:

Yes. A full, no questions asked, 30-day money back guarantee is provided.

What Do You Get?

Daily win single bets on UK and Irish horse racing placed to Betfair SP. Selections delivered daily by email between 09:30 and midday, occasionally the evening before.

Where to Buy:

The Stat Man

How Much Money Do I Need to Get Started?

A starting bank of 50-points is recommended by this service.

How Much Money Can I Make?

The website claims a monthly average profit of £798, but this is based on £20 per point stakes, so equates to 40-points per month.

How Much Time Will I Need to Make This Work?

With between one and five tips per day, all placed to Betfair SP, this is a simple service to follow and takes literally a minute or two each day when the tips are received.

Will I Need Any Equipment to Do This?

A laptop, PC, tablet or smartphone with Internet connectivity and a Betfair account.

Value for Money?

Too early to say, and as always, I will defer a final assessment until the conclusion of the review.

Quality of Customer Service?

Full email support is provided seven-days a week according to the website, and they aim to reply within 24 hours. Although I haven’t had to use this during the review so far, I did get timely replies to my emails when setting up the review.

Contact can also be made via the members’ area of the website.

Review

As the name suggests, The Stat Man is an algorithmic-based system taking a purely statistical approach to selecting tips. This leads to a wide variety of selections, from odds-on to triple figure odds.

All selections are placed as flat one-point wins to Betfair SP (BFSP), so the prices recorded are available to everyone, and there is no rush to place the tips when they are received as the price is not going to disappear.

The Stat Man started proofing to BetInfo24 in August 2017 and according to the website generated £4,793 of profit by the end of January 2018. All of the figures on the results spreadsheet are stated as being declared to two-point or £40 stakes, despite the service operating to one-point flat rate stakes. However, the headline profit claim, and the graph which accompanies it, are both then shown at one-point (£20) stakes.

Interestingly, the data on the website is only shown to the end of January 2018. There are no more up to date figures quoted. Indeed, the detailed results spreadsheet also stops at the end of June 2018 when the cumulative profit was 479.54 points (to two-points per selection). This means that in the five months between February 2018 and June 2018 the service operated at exactly breakeven, before the cost of membership.

There are no historic figures available since then.

What is particularly important to note is that 383.6 points of the profit in the first six months came from a single bet. Blue Harmony won at Newcastle on 10th November 2017 at a Betfair SP of 192.88, generating the 383.6 points profit to a two-point stake.

The results spreadsheet, and hence the statistics quoted, are also recorded without any deduction for the Betfair commission on winners.

The daily tips email generally arrives between 09:30 and midday, although on occasion has been received the evening before. The email simply lists the qualifying bets for the day with the race time, venue and selection.

The website states about this service, “In the financial world it would be classed as high risk…” and the historic performance certainly bears this out, with one big win generating the majority of the profit. You will need to be comfortable with such a high-risk approach to follow this service.

Results – Month 1 (9th November to 8th December 2018)

The first month of the review was a cameo of the historic performance outlined above. Although the month generated a profit of 55.53 points, one single selection was responsible for a 60-point return! Once again it was Newcastle that provided the venue, this time for Mardle’s win at a BFSP of 64.15 on 30th November.

The results quoted in this review are all to the advised one-point stake and are shown net of the standard 5% Betfair commission on profits.

Apart from Mardle, there were six other winning selections in the month which averaged just 4.77 on the Betfair SP’s. The overall strike rate was 21.21% and the average BFSP of all selections this month was 19.77.

The longest losing sequence was eight selections, but without the Mardle win the rest of the month ran at a loss of 4.47 points. However, long-priced winners are part and parcel of this service and we cannot discount them. What is important though, is understanding that this type of service can deliver long periods of flat or negative performance between the bumper results.

The monthly ROI (Return on Investment) was 154.25%, and after deducting the cost of membership this figure becomes 134.7% at £10 per point or 150.08% at £50 per point.

Results – Month 2 (9th December 2018 to 8th January 2019)

This month failed to capitalise on the performance from Month 1 and ended with a loss of 6.38 points. This still leaves us 49.15 points in the black after two months though. 

The strike rate fell to 14.81% this month and we also had a sequence of 15 consecutive losers. The loss was mitigated by Tropics’ win at Chelmsford on 3rd January at a BFSP of 12.0. Aside from that, there were just three other winners averaging just 3.16 at BFSP.

Cumulatively we are still showing a Return on Investment (ROI) of 76.8% and a Return on Capital (ROC) of 49.15%, neither of which can be sniffed at.

As I mentioned in the Month 1 results write up, this type of service can deliver long periods of flat or negative performance between the bumper results, and this period is a prime example of that. The long-term performance is where we need to focus and that is looking strong after two months of the review.

Summary at End of Month 1

On the face of it this was an excellent month, but you do need to understand the underlying profile before considering adding this to your portfolio.

Summary at End of Month 2

Whilst this month’s performance might appear flat on the face of it, we need to view it in the context of the overall performance of a tipster who has operated at average BFSP odds of 16.72 so far during the review.

 

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

 

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Category: Betting Systems

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