Wizard Of Big Odds (Final Update)

| June 30, 2019 | Reply

ALL UPDATES IN BOLD

Product Name:

Wizard of Big Odds

Company Name & Contact Details:

JPW Racing Tipster Limited
t/a Tipsters Empire
Bromleys Barn
Stud Lane
Abberley
Worcestershire
WR6 6AU

01242 230200

E-mail contact via the form on the website at https://tipstersempire.co.uk/contact-us/

Price:

The Wizard of Big Odds will close to new members at midday on 31st May and will operate a waiting list from that point. The membership fee will also increase from that point, as follows:

1 month = £40
3 months = £105
6 months = £180
1 Year = £350

Members at midday on 31st May can extend their membership at the current subscriptions shown below.

The standard monthly price is £34.99. However, there are a number of different options available as follows:
Quarterly – £87.50 (a 16.7% saving over the monthly equivalent cost)
6-Monthly – £157.50 (a saving of 25% over the monthly equivalent cost)
Annually – £279.99 (a saving of 33.3% over the cost of twelve separate months)

There is also a 28-day trial membership available to new customers only at £2.99.

If you choose to subscribe to more than one of the Tipster Empire services then discounts are available through their “Pick and Mix” option.

There is no automatic rebilling by Tipsters Empire. Instead you receive a reminder five days before your current membership expires with a link to renew. A further reminder is sent the day before your current membership period expires if you haven’t renewed.

Money Back Guarantee:

Any request for a refund must be made via the support page and will be considered on a case-by-case basis. Refunds for longer-term membership options (quarterly, six-monthly and annually) are charged an admin fee of £5 and calculated taking into account the cost of the period already used at the appropriate rate for that period.

What Do You Get?

Daily singles on British racing focusing on selections at bigger odds. There are occasional each-way bets and occasional shorter priced picks as well. Tips are sent between 08:00 and 10:00 each morning.

Where to Buy:

Wizard Of Big Odds

How Much Money Do I Need to Get Started?

A starting bank of 150-points is recommended for this service.

How Much Money Can I Make?

The Tipster Empire website page for Wizard of Big Odds shows average monthly profits of just over 30-points since July 2018 at a Return on Investment (ROI) of 44.57%.

How Much Time Will I Need to Make This Work?

With just win, and occasional each-way, singles and a straightforward staking plan, this service takes literally minutes to follow each day when the selections are received.

Will I Need Any Equipment to Do This?

Ideally a laptop, PC, tablet or smartphone with internet connectivity and access to a range of online bookmaker accounts. These bets can be placed in the traditional way, but you limit yourself to just one set of prices and stand to lose the price advised when the tips are sent.

Value for Money?

As always, I’ll defer a decision until the end of the review. You could almost write the script couldn’t you. As soon as they introduced a waiting list and put the monthly fee up for new members a losing month ensues! However, we don’t look at a service based on one month alone and there was enough in the previous two months to show the potential of this service. If you can handle losing runs, and you’re prepared to get on a waiting list, then there is potential long-term VFM with this service, despite the price increase.

Quality of Customer Service?

James Walsh and his team at Tipsters Empire place customer service at the forefront of everything they do and aim to deliver a first-class experience to members. My dealings with them have always been conducted in a professional, courteous and timely fashion.

Review

As the name suggests, this tipster doesn’t shy away from big prices, and will rarely be found backing horses at the head of the market. However, this approach does lead to potentially longer losing runs and a lower strike rate, so you need to be comfortable with taking a patient and disciplined approach to successfully follow this service.

The Wizard joined Tipsters Empire in July 2018 after successfully passing their vetting process. He describes himself as having been a full-time gambler since six months after leaving school, after finding he preferred to be the other side of the counter to working in the family bookmakers.

Tips are sent daily by email between 08:00 and 10:00 and are also available in the members’ area of the website. The daily selections are accompanied by a full analysis of the selections and list the stake, advised odds and bookmakers offering that price.

Selections cover all codes of racing and there can be between one and four selections each day, with occasional “no bet” days. An average month has around 60-65 selections in total. Stakes range from 0.5 to two-points per selection and average out at about one-point.

The WOBO page on the Tipsters Empire website claims an average monthly profit of 30.3 points, a Return on Investment of 44.57% and a strike rate of 14.77%. So these will be used to provide the benchmark for how the service performs during our three-month review.

Results – Month 1 (30th March to 29th April 2019)

The final result for the month was a profit of 12.5 points. However, this could so easily have been a loss of 12.5 points had the final tip of the period not been Joe The Beau at Thirsk advised at 25/1. That win, the fifth of the month, emphasised just how quickly the fortunes can change on a service such as this.

We had to wait until the 20th bet of the month for the first winner and had further losing sequences of 12 and 15, the latter being up to the final bet of the period mentioned above. Runs like this are not unexpected for a service which was advising selections at an average price of over 14/1 in the period. The average odds of the winning selections was just under 13/1 (13.7) and they ranged from 13/2 (7.5) to 25/1 (26.0).

With a strike rate of 8.06% and a Return on Investment (ROI) of 17.86% in the period, the service fell short of the historic benchmark on all three measures. Notwithstanding that, it was still a profitable month and one which sets the remainder of the review up nicely.

Results – Month 2 (30th April to 29th May 2019)

Two 20/1 winners towards the end of the month (one at one-point win and the other at half-point win) added nicely to the two-point 14/1 winner earlier in the month. A further five winners during the month, together with a couple of placed each-way selections, ensured the month ended with a profit of 39-points. Added to the profit from the previous month we have now seen over 50-points profit in two months from average stakes of just 1.08 points.

The return on investment this month was 51.66%, and cumulatively we have now seen an ROI of 35.4%. If you take into account the monthly subscription fees, the net ROI at £10 per point stakes is 29.18% and at £50 per point it is 34.11%.

The average odds of all selections this month was almost identical to last month at 15.46 (between 14/1 and 15/1). The average odds of the winning selections this time around was 12.38 (over 11/1), slightly down on the first month, but still giving us cumulative average odds of 12.88 (just under 12/1) on the winning tips.

The strike rate of 11.76% this month was significantly better than last month and was the main driver in the improved performance. After two months the strike rate now stands at 10% which, given the average odds, is a recipe for profit.

The losing sequences, which will always be a part of this type of service, occurred again with runs of 21 and 23 this period.

Results – Month 3 (30th May to 29th June 2019)

Although the month started with a 14/1 winner on the first day, this was one of just four winners in the month, and we ended the final period of the review with a loss of 28.1 points. This still left the overall review profit at 23.4 points. 

With just two placed each-way selections alongside the winners there were losing runs of 11 (twice), 19 and 13 unbroken at the end of the month. If we ignore a placed selection then one run between winners extends to 31. As I mentioned last month, losing runs will be a trait for services operating at long odds, but what affected this month compared to the previous two was the strike rate. At just 6.15% in the period, it pulled the rate for the review as whole back to 8.72%. 

A strike rate of 8.72% equates to average win odds of around 11.5/1 (ignoring placed selections etc.) to achieve breakeven. Over the course of the three-month review WOBO has achieved average win odds of 12.68 (just over 11.5/1), hence with the placed selections as well, a profit was generated. Obviously, at just 6.15% this month, the average odds of winners would have needed to be closer to 16.5/1 (17.5) to breakeven – it actually achieved 12.0 (11/1).

Over the review as a whole the return on investment (ROI) was still a healthy 10.26%. After deducting the cost of membership this figure nets down to 5.41% at £10 per point stakes and 9.26% at £50 per point.

Summary at End of Month 1

A nice profit to start the review and still scope for further improvement if the historic levels are to be repeated.

Summary at End of Month 2

An impressive month, which built on the solid foundations from Month 1. With the closure to new members from midday on 31st May you will need to act quickly to secure a place going forward with this tipster.

Summary at End of Month 3

Although the review returned a profit of 23.4 points over three months, this is below the historic average claimed for the service, with the ROI also lagging behind that benchmark. However, backing at average odds of around 16/1 (17.0) will mean losing runs and losing months are always a potential with this service. There was plenty in the first two months to show the potential of WOBO over the longer-term.

 

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

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