May was good to me as I achieved a 10 point profit.

So far in June, a plus 15 points.

I have been testing a new system since April 1st that is actually producing results and I will be posting my official review on July 13th.

I have updated my review of the Betfair Pirates free service and as the months wear on they still suck big time.

Anyone who recommends these guys are simply just believing their hype and doing you a disservice.

Same for the Dodgy Favourites System by Paul Fowlie.

I like Fowlie but I do not recommend his Dodgy Favourites.

Read my review here: Dodgy Favourites System by Paul Fowlie.

My favourite lay tipping service finally had a bad month to the tune of a minus 8.65 points. They have been positive since February 20, 2009 however between May and June their losses have wiped out their profit to date considering the cost of the service.

The good news is I started betting another tipster who I was monitoring for a few months that returned a positive 18 points.

Overall I had a positive month for May, but I did not reach my goal of a plus 20 points for the month.

I have not yet recommended a tipster service. I am close though. I like to monitor a service for at least three months before I recommend them. The one that had a positive return for me last month has been positive for both months I have been monitoring them and is up over 12 points so far this month. Look for a review in early July.

Even though I still do not recommend the Betfair Pirates I do cheer for them. I am always hoping to find a free service that returns a positive return, and I am not talking about their positive posted results. Both April and May were losers for me based on what I would have bet. Betfair Pirates report their results based on the Industry SP which is just plain misleading.

As I have mentioned before, I like Paul Fowlie, author of Dodgy Favouites. The problem is that Dodgy Favourites has been a consistent loser since I began monitoring it back on February 18th. Dodgy was positive in April but not enough to be positive overall. As of today Dodgy is a minus 4.21 overall.

Paul’s new Dodgy Fav’s two has been even a bigger loser, so much so that he has started to back filter the results to try and savage it. He now filters out any races where the starting price is less than 3.5. Problem is that since I started monitoring it back in March he is a minus 53 points overall and a minus 18 points in June since the new rules.

But I am still pulling for Paul to sort it out as I am more than willing to pay for a service that produces consistent results.

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.

I have been tracking them from January 22, 2009.

Here is the link: Betfair Pirates Free Lay Tips Review

Overall the free horse racing tips are risky.

Conclusion: Too Risky (updated March 13, 2009)