I’ve been following this service for a further year to see whether the system would continue to build profit. The last twelve months picked up a further 36.93 points profit; compared to 82.94 points profit for the first year. Over the full two-year period a profit of 119.87 points was acquired, averaging over 50 points per year which is respectable.
At the standard cash master £10 per point (£5 each way in this instant) this would give a decent profit of £1198.70 for an average of 30 minutes total activity per week. After two years of service costs (including VAT) of £237.60, that leaves a net profit of £961.10. This service remains approved.
Here are the important stats:
Starting Review Date: 11th August 2021
Current Review Date: 30th July 2023
Starting Bank: 200pts
Minimum Bank: 159.14 pts (26th July 2022)
Maximum Bank: 324.71 pts (4th June 2023)
Number of Profitable Months: 11/24
Current Bank: 319.87 pts
Number of Bets: 1445
Number of winning Bets: 146
Strike Rate: 10.10 %
Profit/Loss: 119.87 pts
Return on Bank: 59.94 %
Time Taken to Place Bets and Check Results each week: 0-60 mins (depending on how many bets there are and how many to check from the previous week). This equates to about 30 mins on average. On some weeks there are no bets and on some weeks one could spend over an hour placing bets. The majors generally have more bets due to increased public interest.
Below is a graph showing the bank per week over the years in review
Notes:
I was available to use some of my gubbed accounts on this system such as Skybet, William Hill, Paddy Power, Betway and Boylessport; but not others such as Ladbrokes, Coral and Betfair sports.
I missed two weeks of betting due to unavailability and there were no official results to compare with.
Most of the profit was acquired during the first five months, results have been rather dull since.
At the end of July 2023, marking Two Years And Five Months On, my bank stands at $584.46: a loss of $575.68 since the review started.
According to Michael Mac, the director of CTA, the conditions are now ripe for a new bull market. The on-chain metrics are in place, the market cycle picture is ready for the accumulation phase to end and the stock market is looking favourable. Black Rock, the world’s largest asset manager with US$8.59 trillion under management, apparently agrees. It has recently shown its confidence in the long-term prospects for Bitcoin by filing an application for a Bitcoin ETF (Exchange Traded Fund, see The Mini Glossary) with the U.S. Securities and Exchange Commission (SEC).
A Bitcoin spot ETF would be a huge deal. It would be a cost-efficient and regulated way for all pension funds, institutions and investors in the US to buy Bitcoin easily and safely through their trading accounts, or within their tax-protected structures like regulation pension/investment (ISA) funds.
In addition, there is growing speculation that an Ethereum ETF could be approved by the SEC as early as October 16th. Obviously, this would be a major milestone for the crypto industry, as it would make it easier for investors to gain exposure to Ethereum.
Furthermore, Paypal has just launched its own stablecoin, PYUSD. This is a big deal for two reasons. First, it shows that more financial institutions are taking crypto seriously. Second, it opens up the possibility for Paypal users to make payments with stablecoins.
Here are the latest stats and developments:
The Main Portfolio
Since my last update, the crypto market has remained in its accumulation phase, with a wee gain in my portfolio of $32.9. Two new coins have been added to the official portfolio and one advised for removal (cashing out).
Acquisition Cost: $1160.14 (Completed on February 11th, 2021)
Minimum Bank: $410.67 (Jan 1st, 2023)
Maximum Bank: $2197.55 (May 10th, 2021)
Number of Profitable Months: 14/29
Number of Crypto coins in the main portfolio: 14 (includes one stablecoin)
Current Bank: $584.46 (July 31st, 2023)
Profit/Loss Since Acquisition: -$575.68
Return on Bank since Acquisition: -49.62%
The graph below shows the daily value of the portfolio from March 1st, 2021 through July 31st, 2023:
We have been in an Accumulation Phase for about 390 days now (over a year!)
Airdrops
Five new airdrop-free tokens were reported. I qualified for one only; members of management qualified for all five as they have much bigger crypto investments.
There are also a total of 7 coins being staked that are associated with potential/acquired airdrops. Yearly rates for these coins are 2.6% to 48.3%. One coin, CRBRUS, was being staked but is now defunct. Total gains from my airdrop-associated staking are $10!
Staking
A total of five portfolio coins are currently being staked. The total profit to date from all my portfolio-staked coins is $27.7, equal to 4.7% of the current main portfolio value, $584.46. The annual interest rate on my portfolio-staked coins varies from 2.6% to 12.7%.
Short Term Trades (Buying and Selling the same crypto coin)
None reported.
In general, the best time to sign up for a crypto service is at or near the bottom of a bear market ( and during the accumulation phase) as this is the time when the coins are at their greatest value for long-term growth. So now is a good time. Here are the results of two additional portfolios that I have set up during the current accumulation phase. The first portfolio utilizes the three main CTA crypto coin holdings (Bitcoin, Ethereum and one other) and the second portfolio is the first plus two other CTA-recommended coins. They were set up using Dollar Cost Averaging (see The Mini Glossary) over a period of about 10 weeks. The graphs start at the date when the 10-week set-up periods were completed. The green lines are the highest reached values and the red lines are the lowest reached values. Both portfolios show significant gains even during the extant accumulation phase.
Three Coin Portfolio
3 Coin Portfolio covering the period from Nov 25th, 2022 until August 8th, 2023
Five Coin Portfolio
5 Coin Portfolio covering the period from Dec 29th, 2022 until August 8th, 2023
Note membership in CTA includes many introductory how-to guides. As well as primers on Crypto and Tax; Crypto Security; and Dollar Cost Averaging. In addition, there are spreadsheets to monitor portfolio performance, airdrops, and compounding.
Important Addition: CTA has recently been offering a 5-Day Challenge for just seven quid (as Graham posted on an earlier occasion), where one can learn the basics of crypto trading in easily digestible chunks one day at a time. This includes setting up an account at an exchange, purchasing the core cryptos, understanding the crypto mindset, purchasing an altcoin, and how to stake coins. Currently, there is a waiting list for the next course. To join this waiting list, click here.
The next report will be delivered near the end of 2023.
Mini Glossary:
The Accumulation Phase typically happens before an uptrend. The Accumulation Phase is over when the market sentiment moves from a negative stance to a neutral one. During this phase, a lot of money is both entering and leaving the market at the same time.
Airdrops involve crypto projects sending free tokens en masse to their communities in a bid to encourage adoption.
Altcoin. If the entire cryptocurrency universe expanded from a single point, sort of like a big bang, that point of singularity would be Bitcoin, the first cryptocurrency. Ethereum introduced another region to the blockchain universe: one that allowed for innovations such as smart contracts and decentralized applications (dapps) to flourish. An altcoin is every cryptocurrency that’s not either Bitcoin or Ethereum.
A Bull run is defined as a period of time where the majority of investors are buying, demand outweighs supply, market confidence is at a high, and prices are rising,
Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security. Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost per share.
An Exchange-Traded Fund (ETF) is a type of pooled investment security that resembles a mutual fund but can be purchased or sold on a stock exchange like a regular stock.
NFT stands for “non-fungible token.” At a basic level, an NFT is a digital asset that links ownership to unique physical or digital items, such as works of art, real estate, music, or videos.Non-fungible more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different.
Spot Bitcoin ETF is an Exchange Traded Fund that tracks the price of Bitcoin directly.
Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference like the U.S. dollar.
Staking cryptocurrencies is a process that involves committing your crypto assets to support a blockchain network and confirm transactions.Staking can be a great way to use your crypto to generate passive income especially because some cryptocurrencies offer high-interest rates for staking.
When I began reviewing CWK an advised bank of 1000 pts was recommended. So I invested $1000 into the venture. This amount proved sufficient to purchase all the initial coins that were within the advised price range with some spare $ cash. However as the crypto market entered a bear phase, some unbought coins fell within the purchase range and the original $1000 was insufficient to purchase all of them. Furthermore, additional coins continue to be recommended outside the main coin portfolio – in fact, 23 so far! I have invested $10 each on these additional coins.
Since the last update, two of the additional coins were partly sold for profit as advised by the service.
In order to cover the whole portfolio and future coins, I’ve assumed a starting bank of 2000 pts (=$2000), and the results are back-fitted to this.
Acquisition Cost and Starting Bank for the Review: $2000 (September 25th, 2021)
Minimum Bank: $927.35 (January 2nd, 2023)
Maximum Bank: $2701.81 (November 28th, 2021)
Number of Profitable Months: 7/20
Number of Losing Months: 13/20
Number of different crypto coins in the portfolio: 38
Coins currently lost due to the collapse of the FTX exchange: 5
Current Bank: $1052.22 (June 1st, 2023)
Profit/Loss: -$947.78
Return on Bank: -47.4%
Return on Invested Money to date: -60.0%
Unused cash: $420
The graph below shows the daily value of my portfolio from September 25th, 2021 through June 1st, 2023.
It’s quite clear from the graph, that the CWK portfolio has performed poorly during this review. It is primarily a long-term service (at least at present) that is most likely to raise its value during the next bull run, that is why I am continuing to monitor it.
In general, the best time to sign up for a crypto service is at or near the bottom of a bear market as this is the time when the coins are at their greatest value for long-term growth. We are still in an Accumulation Phase (following the last Bear Phase) at present.
Currently, you can snag quarterly membership at £199.97 or yearly membership at £599.97.
This is a trading system based on backing horses (mostly short-priced favourites) at bookmakers and laying them minutes later at the exchanges. Unique to LT is that it makes use of two key bookmaker promotion features: the first is BOG and the second you can discover on purchase. It is these two features that enable profits to be made on the vast majority of trades with only a few small losing trades. Indeed, it is these two features that provide the loophole compared to normal trading or normal hedging. LT is actually a form of hybrid trading as it sometimes involves trading within the bookmaker too.
Al Gibbs, the creator of this system, reports that he was able to take advantage of this loophole for 2-3 months (before being gubbed) mainly using just two bookmakers. Using what he called his safe (low-risk) method he made £2093.58 after 275 bets. So an average of £7.61 a trade and practically a straight line up on the graph below. In fact, 97% of these trades ended in profit. He used £250 per bet, but since this is trading that amount is not at risk. The more accounts you have access to, the more profit you can make. For this profit, one would need a starting bank of about £1000-£1100 split into £250 for each of the two bookies and £500-£600 for the Betfair exchange. A larger bank would enable you to stake higher (using more bookmakers) and cover more selections. However, you can begin with as little as £100. Since you’re only paying a one-time fee of £97 (plus VAT) to join, then it doesn’t matter if you only average £1 profit per bet when learning/practicing the system.
One will inevitably be gubbed at the bookmakers making extensive use of the two loophole features. However, if one spreads one’s bets out over a number of bookies, gubbings can be delayed. There are many suitable bookies available to UK punters including (in order of preference for LT): Bet365, SkyBet, Paddy Power, William Hill, BetVictor/Parimatch, Betway, Vbet, Livescorebet, Betfred, Coral, VirginBet, 888, Ladbrokes, BoyleSports and QuinnBet. Two more have been recently added to the LT list (in no particular order): Grovesnor Sports, and Netbet.
There is a step-by-step user guide and a built-in calculator that caters to every possible trading scenario.
You need to be around before each race (at least 15 mins and up to 30 mins beforehand) to place bets. There is currently evening and always weekend horse racing for those unable to use LT during the working day.
Loophole Trader’s one-off payment of £97 plus VAT comes with no subscriptions or extra charges.
I am happy to approve Loophole Trader. Anyone who has access to a couple of the bookmakers listed above should be able to make weekly profits for a couple of months. And if you have the time and access to many of the above bookmakers, you could make £200 per week for several months making you thousands.
Currently, time considerations prevent me from doing an ongoing review. But I have checked the workings carefully and everything is above-board. I fully approve of The Loophole Trader.
It’s a real delight at long last to report on a super profitable tipster. A huge profit of 404.33 pts for mostly 1 point each way betting with a remarkable return on the starting bank of 134.78 %.
Since the last update six months ago, every month has returned a profit with an overall gain during this period of 367.27 pts. This clearly warrants an upgrade from Neutral to Approved.
Here are the stats for the one-year review:
Starting Review Date: 10th May 2022
Current Review Period End Date: 9th May 2023
Starting Bank (recommended): 300 pts
Minimum Bank: 243.48 pts (15th October 2022)
Maximum Bank: 732.93 pts (27th April 2023)
Number of Profitable Months: 9/12
Current Bank: 704.33 pts
Number of Bets: 750
Non-Runners or Race Void: 81
Number of Profitable Bets: 119
Strike Rate (% of profitable bets): 17.79 %
Longest Tip Losing Run: 20
Odds Range: 6.0 to 201.0
Profit/Loss: 404.33 pts
Return on Bank: 134.78 %
Betting at the standard CashMaster £10 a point (equating to £5 each way) results in a gross profit of £2021.65 and a net profit of £1611.65 (after fees of £410).
Odds availability: odds are advised by email at 8.01 am or very shortly afterward (plus sometimes late Friday afternoon). One needs to be ready at 8 am as some of the odds can fall quickly. I used the following bookmakers mainly: Bet365, Paddypower, and BetVictor. Plus others: Betfair Sportsbook, William Hill, Betfred and BetUK. By far the best bookie for this tipster is Bet365 which has Best Odds Guaranteed at this time in the morning and frequently the best odds.
It is important to note that the email tips are sent out automatically at 8 am, but they are prepared around midnight until 2 am. So some of the odds in the email are no longer available. All my results are from the odds that are available at 8.01 am or very shortly afterward when the email arrives.
The graph below gives the bank over the one-year period, starting at 300 pts:
As one can see from the graph above, there was a very long losing streak of 180.45 points over 218 tips (from Tip Number 118 to Tip Number 336) covering almost four months. This explains why the initial six-month review only garnered a neutral rating. Given the average odds (about 34.0) of the tips, long-losing streaks are inevitable.
Nevertheless, this is the best tipster that I’ve ever reviewed and achieves an obvious pass. However, a strong caveat: this service is not for the novice gambler or the faint-hearted. It’s best for semi-professional or professional gamblers. The downfall in the graph lasted over 14 weeks and if one had signed up for a 6-month period at the start of the downturn, placing £5 each way bets, one would have been out of pocket by £1127.75 (including fees). This is, however, why we have a starting bank of 300. If the starting bank was 300 pts at Tip Number 118, it would have fallen to 119.55 pts at Tip Number 336: so the bank was still well intact.
Given also the size of the profit, the service would return profits (albeit reduced) for almost all, if not all, bookmakers posting early prices.
Always remember that past performance is not always indicative of future performance.
