July 2020 Review – Mediocrity Rules!

Not a great month by any stretch of the imagination.  In fact, it takes no imagination at all to sum up July’s performance – distinctly mediocre!

Turnover has been relatively low, with nothing (naturally) from winter racing specialist Racing Service 2, and no football north of the border for Scottish Football Income Booster to get stuck into.  The Scottish Premier League did get going on Saturday however, so we should see some bets coming through during August.

Of the six services that did advise bets, only two provided a profit.  The ROI for July ended at -6.61%, the ROC at -3.26%.  Not great, clearly.

There was plenty of high class racing for Bet Alchemist to get stuck into last week with festivals at Galway in Ireland and the Glorious Goodwood meeting here in England.  Not sure how ‘glorious’ Goodwood can be with no spectators, although the beautiful location remained the same of course.  Bet Alchemist did manage to claw back some of the month’s previous losses with one 11/1 winner notable, and in the end July’s deficit wasn’t too bad.

Not the case for Racing Service 1, whose misery continued last week.  Viewed as a separate entity in itself, a disastrous month should be seen in perspective.  They happen.  But RS1 has been struggling for a while now and whilst the difficulties facing tipsters on an ongoing basis were highlighted in last week’s Bet Diary post, there is always concern when it is made apparent that there has been a slight shift or coming away from the original strategy that has made a tipster successful in the past.  I’m not going to draw any conclusions just yet, but it’s fair to say the pressure is on.

The one success story of July was the massive winner and subsequent profit put up by Golf Insider.  A good job we hit that, as without it the month would have been absolutely dire!  Ifs and buts…suffice to say that GI wins ‘Tipster of the Month’.

Note that the performance of the two golf services, Golf Insider and PGA Profit, last week will count under August’s figures as the result wasn’t apparent until Sunday 2nd, despite the tips being issued during the last week of July.  Sadly, PGA Profit couldn’t match Golf Insider’s monthly performance this time, but its time will come, I’m sure.

It has been heartening to see two weeks of Precision Value hitting some semblance of good form and whittling away at the not insubstantial losses accrued during the first half of July.  Although it couldn’t quite break back to the right side of the profit and loss line, losses were small and fingers crossed the solid form will continue to ensure August sees a return to the good times.

Finally, we have Racing Intelligence, which provided a decent profit.  I’m unable to secure official prices for most of the bets that come through, but I set an unofficial target for the service of a 10% ROI over time.  I appreciate the prices move quickly, and don’t set out to meet the official figures – I see this more as a strong service from which I ought to be able to profit.  So, I suspect my month’s figures may well be short of the official, but an ROI of 10.14% this month means I’m happy enough.

Bet Alchemist (100 point bank): Staked 68pts, -8.913pts

Racing Service 1 (200): Staked 73pts, -41.125pts

Golf Insider (400): Staked 46.5pts, +66.5pts

PGA Profit (500): Staked 126pts, -114.25pts

Precision Value (200): Staked 98pts, -5.585pts

Racing Intelligence (200): Staked 309pts, +31.345pts

Scottish Football Income Booster (100): n/a

Racing Service 2 (50): n/a

Total for July: ROI -6.61%, ROC -3.26%

Finally, I’m aware a couple of people have emailed in and left comments after last week’s post.  I’ll address these next week.  See you then.

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