Late in 2014 I met a chap called John Burke who is a horse racing tipster but had written a General Election 2015 betting guide.
He’d been involved in UK politics for 15 years and claims to have made money betting on British general elections over the last 18 years.
This came as a 15 page guide with full analysis and clear instructions for his 10 main bets and the 5 seats worth staying up for with full predictions.
It was a one off cost of ÂŁ17 and came as an instant download.
I saw this as a bit of a punt as obviously there was no way to test his advices except for following them and if they turned out to be profitable we could perhaps have another go in four years time.
Anyway, here’s how they got on:
Bet | Odds | ÂŁ10 Stakes | ÂŁ100 Stakes |
Labour to win Amber Valley | 1.50 | -ÂŁ10.00 | -ÂŁ100.00 |
Labour to win Carlisle | 1.57 | -ÂŁ10.00 | -ÂŁ100.00 |
Labour to win Thurrock | 3.40 | -ÂŁ10.00 | -ÂŁ100.00 |
Labour to win Birmingham Yardley | 2.00 | ÂŁ10.00 | ÂŁ100.00 |
Conservatives to win Southport | 3.50 | -ÂŁ10.00 | -ÂŁ100.00 |
Conservatives to win Portsmouth South | 2.00 | ÂŁ10.00 | ÂŁ100.00 |
UKIP to win 1 or 2 seats only | 3.75 | ÂŁ27.50 | ÂŁ275.00 |
Liberal Democrats to win between 11-20 seats | 5.50 | -ÂŁ10.00 | -ÂŁ100.00 |
Conservative Minority Government | 6.00 | -ÂŁ10.00 | -ÂŁ100.00 |
Conservatives to win Southampton Itchen | 3.50 | ÂŁ25.00 | ÂŁ250.00 |
Conservatives to win Birmingham Northfield | 9.00 | -ÂŁ10.00 | -ÂŁ100.00 |
ÂŁ2.50 | ÂŁ25.00 |
So if you had bet to ÂŁ100 stakes you would have made ÂŁ25 profit (less the ÂŁ17 for the cost of the manual), or ÂŁ2.50 on ÂŁ10 stakes which would have left you down after costs.
Clearly many people felt the election results were a bit of a shock, considering the polls on the run up, so I guess this did well to scrape a profit but I doubt anyone would have been betting to ÂŁ100 stakes so I can only assume most people buying this guide would have made an overall loss.
Would I recommend this in four years time?
Well, not as a money spinner, but it did add a bit of fun to the process to I’ll probably do it again.
Neutral seems fair to me.