The Racing Profit Club
Final Review – 12th February
This lay tipster service suffered as did others with some atrocious weather in January that affected meetings, runners and results. However the basic statistics are:
Total qualifying selections priced up to to BSP 7.0 : 50
Total winning lays: 36
Strike Rate: 72%
Total P/L - 2.74 points
Average BSP: 4.57
Average losing bet BSP: 4.10
However, there were a further 8 winning lays (with no losing bets) that could have been layed at shorter than the recommended maximum price of 7.0 pre race and if these are included, the stats are:
Total selections available pre race priced up to to BSP 7.0 : 58
Total winning lays: 44
Strike Rate: 76%
Total P/L + 4.24 points
This adjusted figure covers 60 days of racing and seems pretty unimpressive to me especially as the monthly subscription is £35 per month. You would have invested £87.50 so far (2.5 months) for a net return of 4.24 points meaning each point would have to be £20 to break even.
Furthermore, the break even BSP for a strike rate of 76% is 4.0 suggesting that the service is unlikely to be profitable in the long term.
On the positive side, I found the tipster provided good and courteous customer service but on the negative side, the selection emails often arrived after 11am and sometimes less than an hour before the selected race which means the service is unlikely to be useful to subscribers who have to go to work etc.
On balance, I have to recommend The Racing Profit Club is included in the FAILED category.
Written by Feb 12th, 2010.on