Value Favs (Final Update)

| August 14, 2018 | Reply

ALL UPDATES IN BOLD

Product Name:

Value Favs

Company Name and Contact Details:

Tipster Street
www.tipsterstreet.com
E-mail contact via the “Contact Us” page on the web site

Price:

Monthly subscription is £19.95 or there is a quarterly option of £39.95 (saving a third off the monthly cost, effectively three months for the price of two).

Both options offer a 30-day trial for £4.99.

Tipster Street also offer a VIP membership to all of their tipsters for one monthly fee of £59.95. This option is no longer available.

Money Back Guarantee:

None mentioned.

What Do You Get?

Daily horse racing tips on favourites with perceived value to flat two-point stakes. E-mail usually received between 9 and 11 each morning.

Where to Buy:

https://www.tipsterstreet.com/value-favs

Brief Summary:

Daily tips on shorter priced horses, usually within the top three in the betting for any particular race. All tips are win only and to two-point level stakes. Looks to identify value in the shorter priced horses at the head of the betting and secure a high strike rate to generate profits.

How Much Money Do I Need to Get Started?

A starting bank of 100-points is recommended.

How Much Money Can I Make?

The web site claims average monthly profits of 13.18 points since the service launched in December 2015.

How Much Time Will I Need to Make This Work?

Minutes daily when the tips are received. Very straightforward win only bets.

Will I Need Any Equipment to Do This?

Internet connection through a mobile device, laptop or PC and access to online bookmaker accounts.

Value for Money?

Too early to say, but the monthly subscription certainly places Value Favs at the less expensive end of the market. Despite its competitive pricing we are unable to award Value Favs a VFM mark of approval due its overall financial performance during the review.

Quality of Customer Service?

Part of the Tipster Street stable of tipsters and benefits from the infrastructure that comes from that. My communication with the owner Neil has always been very professional and timely. When I have used the support link through the web site I have always received a prompt and helpful response.

Review

Any tipster appearing on the Tipster Street platform will have undergone a two-stage vetting process to be accepted as a paid for service. Value Favs went live with Tipster Street in December 2015 and since then has amassed almost 400-points of profit at an average of just over 13-points per month.

The focus is on horses at the head of the market and the aim is to identify value in horses that are still perceived to be overpriced. Profitability hinges on a high strike rate and historically Value Favs have operated around the 42% mark.

The expectation is for there to be around 60-65 tips per month and we saw 63 in the first month of the review. There are days without selections and there can be up to five on any one day.

The service is very simple and straightforward. All selections are to win and backed at two-point level stakes. It takes minutes daily to be place the selections and the advised odds are generally always available at the bookmakers noted.

As well as the e-mail notification, the tips are available each day on the web site and available to VIP members as well.

Making consistent money on short-priced selections is notoriously difficult and it will be interesting to see if Value Favs can deliver a strike rate in line with the historic performance over the three-months of our review, as this will be central to achieving profitability and value for money.

Results – Month 1 (14th May to 13th June 2018)

A steady, profitable start to our review with 7.43 points of profit secured in the first month. Slightly behind the average monthly profits claimed, but certainly no cause for concern at this early stage.

Of the 63 selections in the period, 24 won to give a strike rate of 38.1%, again slightly below the historic average of 42%, but still well in touch.

Average odds of the selections was 3.0 (2/1) and average odds of the winning selections was just over 2.75 (7/4).

We saw five occasions of consecutive winners and a longest losing run of five on three separate occasions. Some poor results in the middle of the month saw the service slip into a loss of 17.61 points at one stage, so the recovery towards the end of the month which saw 15 winners from the last 28 selections was particularly impressive.

Results – Month 2 (14th June to 13th July 2018)

We saw 30% more selections in the second month, with 83 tips in total. Of those, 30 were successful, giving a strike rate for the month of 36.14% – similar to the first month. However, the average odds dropped to 2.8 (just over 7/4) and the average odds of winners also fell, down to 2.58 (just over 6/4).

We saw two runs of six consecutive losers this month, the worst runs seen to date. Against that, we also saw a run of four consecutive winners for the first time in the review period. All of which conspired to deliver a loss of 11.49 points in Month 2. As with the first month, there was a marked improvement in the second half of the month as 14 out of the last 25 selections won (56% strike rate) to deliver 23.38 points of profit and bring the service back from a position of a 34.87 points loss at mid-month.

After two months we are now looking at a loss of 4.06 points from a 36.99% strike rate at average odds of 2.89 (and average odds of winners of 2.67).

Results – Month 3 (14th July to 13th August 2018)

Although the strike rate this month was similar to the previous two months, there were 14 less selections this time compared to last month, although six more than in the first month. When this is combined with a fall in the average price of winners to just 2.14 (compared to 2.67 last month and 2.75 in Month 1) we are left with a loss for the month of 31.09 points.

Like last month we saw two runs of six consecutive losers, but nothing worse than this. The poor result this month was mainly down to the low average price of winning selections.

As in previous months, there was a slight improvement from the worst position, as eight of the last 14 tips were successful and reduced the loss for the month by almost 10 points. So it could have been worse still.

Over the course of the three-month review we have seen a total loss of 35.15 points. This came from a strike rate of 36.74%, which was fairly consistent across the review period, and an average odds of winners of 2.48, which fell consistently from month to month. It was this downward trend in the average price of winners that had the most marked effect on the results. Months 1 and 3 had similar numbers of tips and strike rates but there was a full six tenths of a point difference in the average winning odds. This meant that whilst Month 1 ended with a small profit, Month 3 had a thumping loss.

Summary at End of Month 1

A steady start with the results not out of range of the historic claims. The recovery from the mid-month slump showed the potential of the service to deliver the claimed levels of profitability.

Summary at End of Month 2

Once again the performance towards the end of the month showed the promise of the service, but it needs to hit a higher level of consistency in the final month to turn the overall review period around.

Summary at End of Month 3

Unfortunately, although there were glimpses of what this service might be able to achieve, overall it was a disappointing result. With the low odds selections the consistency needs to be spot on and we have seen too many poor runs which are then difficult to recover. At the end of the review I am awarding this service a two-star rating. 

The full results for the review can be found here.

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