September 1, 2011

Betting Tips UK

Betting Tips UK – Final Review

Having completed two months of trials it is time to wrap up and review this service.

This review is based on Betting Tips UK’s flagship service – Multi-Sports Betting. With this service I have followed bets on football, tennis, cricket, darts, Snooker and even Celebrity Big Brother! Betting Tips UK is unusual in as much as you only pay for winning bets. You do this by buying tokens for £2 with a sliding reduction down to a minimum of £1.50 if you buy in bulk. For Multi-Sports Betting you can decide whether to pay a token for each winning bet, or pay-on-performance where a token is deducted for every 0.25 points of profit. Pay-on-performance returns tokens if a loss is made.

I finished 2.85 points up, but because I haven’t used Best Odds Guaranteed (BOG) through the trial there is a difference between my results and those of Betting Tips UK of 2.1 points.

Betting Tips UK suggest £25 per point off a £500 bank, and £50 per point of a £1,000 bank.

Using Betting Tips UK’s points tally and £50 per point, July grossed £1,114 and August £247. From this your tokens are deducted: 58 tokens for July (71 wins but some bets were discounted) and 61 for August. This leaves net profits of £1,027 in July and £156.00 for August using £1.50 per token.

A profit of £1,200 from a £1,000 bank after fees have been deducted is none too shabby and easily results in an approved rating. Unverified results for June also show a tidy profit of around 16 points too.

Two “howevers” though: 61 tokens, even at £1.50 per token, is roughly £90 for the service for a month; the service has been over 8 points down (on my figures) and at £50 per point that is a hefty chunk of bank. Neither of these worries me as the fees have been easily cleared, and the service returned to profit. I mention this as you need to note that you need the discipline to stick with your trading plan.

I believe Pay-on-performance would have deducted something like 90 tokens in July (£135) and 20 tokens (£30) in August. Swings and roundabouts here, good months you pay more but then your profit is that much greater, and in poor months you pay less. I do not have a preferred payment model.

You can also allocate tokens to a Horse Racing service. Only starting on 3rd August this service stands at +16.98 points with a 47.7% strike rate at average odds of 2.60 with the longest losing streak of 6 bets. Pay-On-Wins is the only payment model available, and 41 tokens have been deducted. Of itself that is very impressive; at £50 per point the profit is £849 gross for a net of £787.50 at £1.50 per token. However Betting Tips UK recommends using a loss recovery stake plan with this service. Neither Betting Tips UK nor I recommend which stake plan to use; you will have to find your own!

Likewise you can also allocate tokens to a Football service. Only starting on 3rd August this service stands at -11.54 points with a 49.3% strike rate at average odds of 1.84 with the longest losing streak of 4 bets. Pay-On-Wins is the only payment model available, and 37 tokens have been deducted. Again Betting Tips UK recommends using a loss recovery stake plan with this service. Neither Betting Tips UK nor I recommend which stake plan to use; you will have to find your own! With such a high strike rate and short losing sequence a profit from this service is easily achievable.

So the flagship service is approved, but the secondary services are also approved, although some effort to find a suitable stake plan is required. Both the secondary services are optional if you don’t want to research stake plans.

You can get a free trial to Betting Tips UK here:

SERVICE CLOSED

Filed under Backing,Cricket,Football,General,Golf,Horse Racing Systems,Tennis by Arthur

11 comments

{ 11 comments }

Thumper September 28, 2011 at 8:05 pm

Going reasonably well till 3 September, then whoosh! 30 points lost (plus £20 for the few winners). Total disaster – bank blown! They then closed down the past results page and the forum (which was starting to boil over) and are refusing refunds on unused “tokens”.
Don’t touch with a bargepole!

Graham September 29, 2011 at 9:22 am

Hey Thumper. How did blow your bank losing 30 points? What size bank were you using?

Thumper September 29, 2011 at 10:41 am

See above: “Betting Tips UK suggest £25 per point off a £500 bank, and £50 per point of a £1,000 bank.” That’s 20 points.

Graham September 29, 2011 at 11:04 am

Hi Thumper, they only suggest 3 to 5 bets for their Multi-Sports Service and the most you would lose is 1 point per bet.

Their HRS service has 3 bets and SOC has 2-3.

In fact on the 3rd September MSB made +3.05 Points taking the monthly sub-total to +9.76 Points. So how did you lose 30 points?

Thumper September 29, 2011 at 12:01 pm

I see where I was unclear – I meant SINCE 3rd September!
From 4th to 23rd September:-
Bets = 78
Wins = 19
Strike Rate = 24%
Average winning odds = 2.6
Loss = 28.6 points
With a £1000 bank
£50 x -28.6 = -£1430
I stopped following the advice on 23 Sep and I don’t know the results after 25th Sep as they have removed their results page from their website – need I say more?

Graham September 29, 2011 at 2:11 pm

Thanks for the clarification Thumper. I’ll look into this and get back to you.

Graham September 29, 2011 at 5:20 pm

I’ve received this response from Simon at Betting Tips UK:

Hello Graham,

It is true that we have had an unsuccessful month but to pick just the start date of an overall downward trend is ridiculous as I am sure you will agree.

What about the profit made before this date in the month of September alone or when 90% of our members joined back in June?

It is like us picking two dates and saying “Wahoo” look what a massive profit we made over this short period!

This is exactly what “Everyone Else” does!

It is also true that we have removed the results from the website and we are riding out the expected ridicule and suspicion that has followed.

(However, we have not announced publicly that the reason for this is to get members to use the service.)

We do not charge for losers!
We allow members to freeze their accounts, whenever they choose.
We charge NO subscription.
We even credit Tokens for losing days with our Pay on Points (POP) payment system.

None of the above is offered anywhere else!

But we do ask that Members at least follow our service(s).

By not providing a list of the Tips we ‘have’ provided has actually stirred a lot of interest, which is good for the Service.

Overall we are still up over the past 4 months by +22.64 Points and September will be our first negative month.

Therefore, I hope you do not mind if I supply you with the month’s results, as I would need to calculate “Specific” dates, which if you truly require I can do for you.

September
Bets 105
Win 34
Lose 65
Strike Rate 32.38%

Points -18.88

(We are still waiting for the outcome of one bet)

Please feel free to quote my reply on your site.

Simon

Thumper September 30, 2011 at 11:04 am

Recommended Bank = 20 points
Drawdown in September = 28 points

“We do not charge for losers!”
Charge in September = £68

“However, we have not announced publicly that the reason for this is to get members to use the service.” ??????????????????????????????????????

“By not providing a list of the Tips we ‘have’ provided has actually stirred a lot of interest, which is good for the Service.” ???????????????????????

Graham September 30, 2011 at 11:24 am

Yes I tend to share your sentiments on this, although the £68 charge is for the winning bets and they do offer a ‘no profit, no charge’ option too, which is fair enough. It seems to me that were it not for the recommended 20 point bank, there wouldn’t really be an issue and I asked them why they recommended such a small bank. It’s certainly the smallest bank I’ve heard of and no sensible gambler would ever consider this feasible. Simon thanked me for my comments and is apparently going to recommend a more sensible starting bank. Personally I would never start any system or service with less than 50 points, and I’m not adverse to risk!

Thumper October 1, 2011 at 12:54 pm

“We do not charge for losers!”
True, but as we have seen a very poor month can cost £68.
A good month like July cost £146

“We charge NO subscription.
We even credit Tokens for losing days with our Pay on Points (POP) payment system.”
On POP, July would have cost around £200. OK you get tokens refunded during a losing spell, but it’s not as if you can cash them in or anything.

Graham November 28, 2011 at 1:17 pm

They’ve closed the service down. Says it all!

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