G’day all.

Following on from my last review of UK Racing Lays I decided we should look at another product from Tipster Warehouse, but this time a backing service instead of laying. Ive chosen The Racing Gold service which offers 4 or 5 backing tips every day on the UK and sometimes on the Irish horse racing win and place markets, the selections are sent to your email and will arrive each day by 11.00am (UK time), I started the trial on Friday 01/11 and have received all my selections upto now on time.

Racing Gold started operating in January 2013 and as you can see from the following has shown a profit every month except one, so it does seem to be consistent showing an average monthly return of 10.02 points:

January: 5.35 February: 8.52 March: 16.81 April: 14.42 May: 9.93 June: 25.66 July: 3.31

August: 11.71 September: 15.49 October: -10.98

Yearly Total: 100.22 points

Average Monthly Total: 10.02

You can download the full detailed results from the Tipster Warehouse website, I think it’s definitely worth a look before you decide to join up. The cost of this service is £29.95 / Month or £59.95 / Quarter, there is a 50% discount on the first month and also they offer a 60 day refund period if you decide this is not for you.

I’ve had no need to contact Tipster Warehouse as I’ve had no problems, but should you require assistance there is a contact page on the website and they should get back to you within 24 hours.

There are no hard and fast rules for this service, they do recommend using Betfair for placing your bets and having a starting bank of 100 points. All bets are to level stakes, with the advised amount on each bet being 1 or 2 points. There is no progressive staking or chasing losses. I will be using Betfair as I’m in Australia and the UK racing runs during the night (my time), so I will also use a bot to place the bets on both markets with all bets being placed 5 seconds before the off.

As mentioned I started the trial on Friday 01/11/13 with a starting bank of 100 points:

Day   Selections     Win Bets     Place Bets     Staked       P/L      Balance

1              5                      5                 4                 10         -8.52         91.48

2              5                      5                 5                 10         +7.28        98.76

3              5                      5                 1                 10          -3.2          95.56

After 3 days running at a small loss at the moment, but it’s early days yet. I have allowed for the 5% Betfair commission in the balance but no allowance for the monthly subscriptions.

You can try Racing Gold here: