JCA Racing is a betting service that was very easy to test. They offer back bets to be used with a progressive staking plan and the subscription also includes a betting bot that is hosted on their own server which places all the bets for you. You do get sent an e-mail each day with the days selections plus they are available in the members area of the website, so you can place the bets yourself if you prefer, but by far the simplest thing to do is to use the bot.
Now, I wary of giving out my Betfair username and password, so for this test I set up a separate Betfair account, funded it with £500, and used that.
You get to choose what level of risk you want to take, aiming for a profit per race of 0.33, 0.45, or 0.6% of bank. I have opted for 0.45 to see how it does.
This service doesnt blindly keep increasing the stakes hoping for a winner. When it hit’s a losing run, it stops the sequence and goes into recovery mode by splitting the current loss over a series of smaller cycles. Again, this is all done automatically by the bot.
Since the bot is hosted on their own site, there really is nothing more to do once youve set it up. You don’t even need to turn it on each morning. Theoretically, if it proves to be profitable, all you would need to do is withdraw your winnings every now and then.
I started using this on Friday 19th February and initially started to make some steady profits. I found Colin Andrews, the site owner, to be quick to answer e-mails, approachable and friendly.
When we had a losing run or two, the recovery mode sorted it out fine and the fairly high strike rate seemed to keep everything in check.
Then it went pear shaped.
We hit a losing run, went into recovery mode but failed to get enough winners to cover the increasing stakes. Instead of splitting the losses again to reduce the stakes they carried on until there were not enough funds left in the account to cover the next bet.
Total Profit:-£406.56
Since I didn’t receive the regular daily e-mail that day I went to my JCA Racing account to check the days summary to see what he had to say about this. I found myself locked out of my account… Colin has obviously suspended my account knowing full well I was reviewing his service.
I’ve sent a few e-mails to Colin to ask what’s going on but he’s decided not to reply.
What annoys me about people like this is their failure to ‘man up’ and accept the situation. Everybody knows gambling involves risk and anyone that bets takes responsibility for their own actions. I lost £400 of my own money, but I was prepared to lose £500 so as far as I’m concerned I came out better off than I could have done.
Still, Colin could at least acknowledge that his service failed. I don’t expect an apology but to close my account and ignore my e-mails is completely unprofessional and says it all about him and his service.
Obviously this system goes into the FAILED category and I advise anyone thinking of taking the free trial to avoid it like the plague.
I won’t even include a link to the site in case anyone gets fooled by the tempting copywriting!
UPDATE
Since writing this review I’ve been forwarded a couple of e-mails by JCA Racing (obviously took me off their e-mail list too!). Basically Colin, if that’s his real name, decided it’s all too much and wants to sell the website and is asking for bids. He tells us he makes £100,000 a year from it. This is exactly the same series of events that happened with the almost identical 5 Star Tipster service by Jamie Kelly. That was a scam that worked exactly the same as this one. I wouldn’t be surprised if Colin was Jamie and that neither name was the correct one because when 5 Star first set up a few years ago it was run by an Indian gentleman of questionable integrity.
Do not get sucked in by these con artists!
