Max Redd Horse Racing Service Exposed!

I just posted my review of Max Redd’s Tipster Service.

What can I can I say, Max even admits to me in an email how he manipulates his results.

Avoid at all cost.

The good news, I am plus 11 points for April.

Not quite my goal of 20 points but it will do.

The other good news is that I have been monitoring another horse racing system that has achieved over 20 points this month.

Needless to say I will start betting it on May 1st.

More reviews coming soon.

In Like a Lion, Out Like a Lamb, and April freagin Sucks!

Of course I am talking about the free Betfair Pirates tipping service.

I updated my review of their horse racing system so if you want to see the sad stats just click on the Reviews Tab above.

Luckily I do not bet their tips.

For me, I am just betting one tipping service this month and I am up 5.66 points. I will be doing a review of them at the end of the month as they have been very good to me. All I ask of a service is to average a net 5 points a month. Not a lot to ask.

This means that in the long run I am looking for 4 to 5 tipsters or systems that I can rely on. Some may lose for the month but as long as they are consistent and not too risky in their selections I will be happy. My goal is just to average 20 points a month.

Tomorrow I will be publishing my review of Max Redd’s service. If you have been following this blog you will know that I think Max lives in fantasy land when it comes to posting his results.

This month I have been monitoring the two Dodgy Systems by Paul Fowlie.

Dodgy One has been a loser since I purchased the system on February 18th. The system is positive so far in April so let’s hope this is a turning point. I have only been following the UK horse racing scene since the beginning of this year so I am not yet familiar enough with their seasonal trends. I am pulling for Paul because I like a guy who actually bets his own tips.

I only have access to Paul’s Tips for Dodgy Two, not the system itself. So far it has been a loser to the tune of minus 19 points for April based on what I would have bet. It is a system I hope Paul works the kinks out of as it does pick low cost favourites to lose, thus less risky. The problem is that he is picking too many races per day.

I am testing a new system that involves reading the form using four criteria. So far the system is showing a plus 15 points for April, rather impressive. I have high expectations of this system because the criteria make sense. If you follow a system where the criteria do not make logical sense, like betting on a horse to lose if the jockey has bad teeth, then the odds will catch up with you. A friend actually came up with the criteria for me. It is not based on back testing and filtering out results until you have a winner. I may eventually post the picks for the readers here.

I have lots of reviews from last month that I need to double check the results and stats before I publish them.

A final note.

Since February 23rd, if you bet the favourite in UK races, with a minimum bet of 1 point and subsequent bets to recoup any loses until you win with an overall 1 point for the day, you would be up 78 points after deducting the Betfair commission.

Of course this system can blow up on you in one day.

The agony of defeat at the Grand National

Tomorrow is the running of the John Smith’s Grand National at Aintree.

This is a race of endurance, so what more fitting than a video of the 1973 race where Crisp led from the first fence until the very end. Red Rum overcame a huge lead to make a gallant push at the end.

I actually felt tired after watching this.

Beware the Tides of March

or March Madness Horse Racing System of Systems.

My final tally for March is a plus 5.69 points.

Now compare that to February’s plus 20.

Even today I was a plus 3 points.

So total so far is a plus 28.69 points over 2 months.

Since each point is 1% of my bank that represents 172% return on my bank, not bad, but not good enough.

My long-term plan is to average 20 points a month. My model allows for really bad months and really good months, as long as the average is 20 points a month, so two months in I am not worried.

During the month of March I was tracking over 15 systems, a lot of work, some for over two months. Out of all of those I was only betting two paid systems. One returned me 10.60 points while the other lost 4.91. The paid service that lost for the month actually refunded my monthly fee, what class.

So what does all this means?

It means I have a lot of posts and reviews to get ready over the next week.

The good news for me is that I will only be tracking about a quarter of the systems I monitored in March.

Here is an interesting fact, since February 23rd if you bet the fav until you won on UK races only you would be up 56 points. The rules are to bet the favourite, minimum bet 1 point, subsequent bets just enough to earn 1 point overall.

More about this later in the week.

Ouch, the pain of a losing day

I have been hovering around a plus 10 for the last few days and then bam, down to 6.24.

The ironic thing is that the horse racing system that caused the big loss is one that I plan on discontinuing at the end of the month.

They want almost 50 pounds a month for just a few tips a month. I am currently trying their free trial, but I canceled the recurring charge before the next payment. Too bad they did not cancel my free trial.

I suppose if you are betting 100 pounds per bet they might be worthwhile, but for now I have to pass on them.

To be fair their tips have resulted in exactly zero points so far this month, so you get what you pay for.