Some people think that tipping odds on doesn’t work, but we’ve found a tipster that shows that it does. 

How often do we hear that you can’t make a profit betting short priced favourites?  We’re told that backing odds-on shots is a mug’s game, that it’s a quick way to go broke.

But if there’s one thing we’ve come to realise after years of analysing and independently reviewing hundreds of betting services, it’s this: never make assumptions about how you can make money from betting.

You see, it’s all about finding value.  And for you and me, it’s about finding those talented tipsters who have proven their ability to do just that…whatever end of the market they operate in.

EXPLODING THE MYTH: Making Money From 1/4 Shots

Walk into any bookmakers on a Saturday morning and you’ll find punters filling in their football coupons.  Thousands of accas, many made up of the afternoon’s “certs” – Chelsea, City, United, Celtic.  All of them very short prices.  Trouble is, it always seems there’s one cert that lets the bet down.

After all, you can’t make a profit backing short priced favourites!

Or can you?

To help explain why this statement is wrong, take a look at the following table.  It shows the performance figures through the past year of a tipster we reviewed in our latest betting magazine, SBC 94:

At first glance, an ROI of 2.7% across all the bets this tipster has advised is nothing to get overly excited about.

But if we scratch beneath the surface, which is something we’re very big on doing in our reviews, the figures can be viewed in a completely different light.

Look at the strike rate.  With 81.7% of bets winning – that’s more than four out of every five – we can recommend a betting bank that is much smaller than that advocated for many other services.  In the case of this tipster, if using level stakes we suggest using a bank of just 15 points.

Now let’s look at the table again.  You have made 16.4 points profit.  That means you have more than doubled your betting bank in just 12 months!  And that’s backing at average odds of just over 1/4!

But Can’t Anyone Pick 1/4 Winners? Why Pay For These Tips?

Well of course you can try.  And if you can consistently average more than four winners out of every five bets you place at odds of 1/4, then give us a ring.  A career as a tipster awaits!

The reality of course, is that it’s actually far from easy, even at such short odds.  In fact, it is incredibly difficult.  It’s human nature to think we’re better at doing something than we actually are.  We all tend to think of ourselves as crack drivers, but we all occasionally forget to indicate!

And so it is with tipping.  The successful bettor will know his own strengths and weaknesses.  He will appreciate how hard it is to achieve 100% betting bank growth in a year.  He will be wise enough to respect someone who has proven he can do it, rather than think it’s easy and lose money trying to do it for himself (remember those Saturday afternoon losing accumulators!).

There’s no shame in following a tipster, even if they are betting “certs”.  Not if they’re producing the goods, which this guy is.

The Benefits Of Backing At Short Odds

Look at all these reasons why, if following the right tipster, backing at average odds around 1/4 is so good for your betting:

• Bookmakers love these bets – they’ll not be closing your account.
• It’s much easier to get on at 1/4 than it is at 4/1, never mind 14/1!
• Opens up new avenues for you if your bookie accounts are already restricted.
• Potential to use bigger stakes to make a bigger profit.
• High strike rate equals great betting bank growth opportunities, plus the chance to utilise different staking strategies for high risk/high reward returns.

Smart Betting Club SAMPLE REVIEW:

Bet Alchemist

First published January 2015

This week we’d like to share a sample review of a racing tipster Bet Alchemist from January 2015.
This review is typical of unique content and in-depth tipster analysis we publish on a regular basis, all designed to help you make money betting.

If you enjoy this review and want dedicated, independent help with your betting then please do consider a full Smart Betting Club membership, where you can read hundreds more in-depth tipster reviews like this. Our May Tipster Profit Report is due next week and we’re thrilled to report some strong racing tipster profits.

Don’t forget either that the Smart Betting Club is 100% independent, so you can be assured that what we say is the honest truth. Unlike other ‘review’ services we do not take fees or a cut of sales for writing a positive review.

So for more information on how we can help you make money betting please visit www.smartbettingclub.com and start your membership straight away!

Service In Brief: Ireland-based horse racing tipster, advising most bets each way with prices within the longer odds ranges.  The Bet Alchemist service started issuing betting advice to the public in December 2012.

Service in Detail: Bet Alchemist is run by 40 year old Nicky Doyle.  Based in Kilkenny, Nicky grew up in the heart of horse racing country in County Wexford.  With this background and influenced during his formative years by his racing-crazy elder brothers, he was always destined to play some sort of role in the sport of kings.  Not only does Nicky now run the Bet Alchemist service, but he has also joined the ranks of racehorse owners and has the lofty ambition of owning shares in a Cheltenham or Punchestown Festival winner.

Approximately 80% of all bets are advised each way, the rest being win only with the occasional multiple bet thrown in. The average odds for the each way and win bets stands at 11.2/1, so we can see that Nicky likes to play at longer prices.  The winning strike rate for the each way picks is currently 10.9% (with 33.3% of these selections placing), and 28% for those horses advised win only.

Sample bets:

Advised Monday Morning 29th December

Leopardstown – 14:00

½ Point *EW A Sizing Network (7/1 Boylesports & Ladbrokes else 13/2 generally, use *B.O.G)

Leopardstown – 15:05

1 Point Win Mala Beach (4/1 generally, use *B.O.G)

Bet Alchemist Results: 

It should be noted that credit is due to Nicky, who does account for Rule 4 deductions when keeping official performance records, something that many horse racing services decline to do.

We can see that the figures returned are very impressive; an ROI of 21.7% highlights the considerable potential of the Bet Alchemist service, as does the fact that a starting bank of 100 points has more than tripled in just over two years of betting.

As you would expect from such figures, the graph charting betting performance looks impressive:

Irish Racing Results:

As previously noted, Nicky was born and raised in Ireland and when we analysed his results, it was notable that a good number of his bets have been struck in races on the Emerald Isle. Perhaps only fellow Irish tipster Will Lattimore carries a higher proportion of bets in Irish racing.

With this in mind we broke down the results to separate those achieved in Ireland from those bets on runners in the UK and elsewhere.

An ROI of 41.4% and a level of profit that accounts for 84.74% of total service profit demonstrates clearly that Nicky is able to fully exploit his in depth knowledge of Irish racing to the benefit of his subscribers.

We asked Nicky if there are any obvious reasons for the huge edge he apparently holds in his home country.  Here is what he said:

Betting Bank & Drawdown:

We recommend a bank of 100 points for following Bet Alchemist, which is based on simulations and a comparison with other horse racing services of a similar profile.  This is higher than the 80 points that Nicky himself suggests, but as you know we always prefer to err on the side of caution, especially until we have followed a service for some time and allowed confidence to grow.  An 80 point bank we see as just about acceptable, but representing the bare minimum required.

The largest drawdown so far has been 40.2 points, suffered between early May and the end of August 2013.

To help observe price availability, we asked our service tester, Gregor to keep an accurate record of the prices he was able to track at the time of advice. Gregor’s record is actually marginally better than the official profit and loss records kept by Bet Alchemist for the period November 2013 to November 2014.

Odds Availability:

We asked Nicky for his thoughts on the issue of odds availability:

Summary

Bet Alchemist is a service of many obvious positives.  The performance figures after 1,300+ bets are impressive. It is a well organised service, and pricing levels are set at an affordable level.

If the current levels of performance can be maintained, then there is definite potential for inclusion of Bet Alchemist in the Hall of Fame.  Prior to such a move being made, we would first like to further analyse the issue of odds availability.

We have found Nicky very pleasant to deal with, providing full and comprehensive answers to any questions we have asked him.  A real pride in his service is apparent, as is a desire to satisfy his customers.  We await his new website with eager anticipation.

To sum up then, in Bet Alchemist we have a service with real Hall of Fame potential, and we look forward to monitoring progress moving forwards.

Want More Reviews Like This?

If you want to find out just who the very best tipsters really are then make sure you take up a Smart Betting Club membership today.

Next week we release our Tipster Profit Report – Packed with the very latest results from the sports and racing tipsters that we monitor. It’s a great time to join as well with many of the racing tipsters that we track enjoying a solid few months.

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To kick-start 2015 with a bang, today sees the release of our 3rd Annual Betting & Tipsters Award Report, which reveals everything from the best football & racing tipsters (both free and paid) to the best bookmakers & websites.

Voted for by both SBC members and the general betting public, these awards really do highlight the most deserving winners – and just who you should be following or betting with in 2015.

THE  2015 SBC AWARD REPORT REVEALS:

The very best tipsters as voted for by SBC members including…

• The Best Racing, Sports & Overall Tipster awards (Gold, Silver & Bronze for each category).
• The very Best Free Tipster as voted for by SBC members (Gold, Silver & Bronze awards)
• SBC members 2014 ‘Betting Hero‘ (The person that inspired them the most last year)
• The best (and worst) bookmakers as voted for by both SBC members and the general public.
• The best betting website as voted by both SBC members and the general public.
• Plus the full stats on the fact that 83.61% of SBC members made a profit last year from their betting.

Grab Your Copy Immediately (And Access The 9 Year Entire Back Catalogue Too)

You can pick up your copy of this fascinating Awards Report, the instant you join the Smart Betting Club.

That’s not all though because as an SBC member you will also gain access to our huge back catalogue full of tipster reviews, expert interviews and guides, betting systems and profitable betting advice.

And as you can also sign-up for a Smart Betting Club membership and enjoy a full money back guarantee if not satisfied for any reason with our product, you have everything to gain and nothing to lose.

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