Betting Pro Trades – Final Review
31st January 2012
Inspector DJ – Reviews Betting Pro Trades
Hello Bloggers,
Betting Pro Trades is a subscription based trading service. Looking at the previous results on their website, the majority of the selections are for football, with the occasional selection for other sports.
The website proclaims:
Here at Betting Pro Trades, we provide users with the exact same trades as we do on a daily basis. We aim to provide some of the best betting / trading information available daily and anyone from an experienced trader to a total newbie can use our service.
The cost of the service is shown on the front page of the website at £17.49 per month, plus in the UK, an additional cost of VAT at £3.50. Of course, VAT (or sales tax) varies from country to country, so please double check the information applicable to your part of the world.
If you would like a two-week free trial of the service, contact can be made with Betting Pro Trades by email, without any payment details. There is also a 60-day moneyback guarantee with Clickbank.
Each selection will advise the stake to be placed, when to trade out, and should things not go the way expected, what stop loss is to be placed.
The review started with a £1,000 bank, which was increased to £2,000, after we added the additional amount in the second week of December, as the Betting Pros website shows an “example” bank of £2,000, which also allowed the review to continue.
Profitability
The final results of this review were:
Selections: 142 (11 voided or scratched)
Wins: 89
Strike Rate: 62.7%
Starting Bank: £2,000.00
Loss: £1,190.20
Final balance: £809.80.
The bank lost almost 60% of its value during the course of this review.
I did keep an approximate calculation of the trades at level stakes, and with stakes of £10 per trade, the loss would have been around £93, which would still have been a loss, but perhaps a little easier to recover from and to accept.
Ease of use
The selections were provided in good time for the bets to be placed, usually early in the morning, and on a handful of occasions, the night before.
However, when trading on football, matches take place at various times of the day, especially at the weekend, and potentially you could be trading the selections from early in the morning (the earliest kick off was 11:30), to very late in the evening (the latest kick off was a Brazil match which kicked off at 10:30pm).
Risk
This is where I feel the review failed. A number of traders will risk say 5% of their bank on a trade, which would have meant a liability here of £100. On a number of occasions during the review, the initial risk was far more than this, especially laying the draw, and although a stop loss was normally deployed, this was not always the case.
Conclusion
The overwhelming fact of this review is that nearly 60% of the bank was lost, which would take some time to recover from. Both in the mindset as well as the bank balance.
Regrettably, the Betting Pros service will have to be consigned to the failed category.
Until the next time,
Inspector DJ
[Click here to see Betting Pro Trades]
Inspector DJ-Reviews Betting Pro Trades
Written by on Jan 31st, 2012. Comment. 
Passed with 5/5 Stars!
- All
By The Book Rating:
Passed with 4.5/5 stars!
- Betfair ATM Rating:
- Bonus Bagging Rating:
- Golden Key Method 2 Rating:
- Layers Of Profit Rating:
- The BetPlan Rating:
Golf Investor Club Introduction
26th Jan 2012
Insp Steve Introduces Golf Investor Club
Hi Bloggers,
Inspector Steve here, I have previously done reviews on LTO for Sports Betting Professor and Racing Tipsters and am currently reviewing Cricket Tipster. I am also currently conducting a review on BST as well for Place Bet Pro. My name is Steve and I am 42 years old and live in Melbourne, Australia. I have been interested in betting on horses for over 20 years now and have picked up sports betting as well in the past 5 or so years. I started doing sports arbitrage full time about 6 years ago and then moved to the UK and was trading horse racing for a couple of years. Back in Australia now and am still betting in my spare time and follow a couple of systems that seem reasonably good but haven’t yet led me to betting being my source of income, which is my ultimate goal. Well my ultimate goal is to get my golf handicap into single figures but you get the gist.
Anyway, on to the introduction. Golf Investor Club is a product from the BetFan team that sends out tips using spread bets in golf finishing position markets. There are 3 main companies that offer a huge array of spread bets – Sporting Index, Spreadex and Sportspreads. Sporting Index will be the main bookie used and bets will be with them unless otherwise stated. For this service, the bets to be struck will always be “Finishing Positions”. If you go into this option you will find anything up to 80 golfers you can bet on.
Spread Betting
For those of you that are not familiar with spread betting, it is similar to futures trading. You can buy or sell a result and the end result is multiplied by your stake for either a win or a loss. For example, Tiger Woods may be available to sell at 24 or buy at 27. Selling in golf spread betting means you want the player to do well, buying means you want him to do badly. This is totally different to most other spread bets where the opposite is the case! In our case we would be buying Tiger Woods at 27 for say £1.
If he wins the tournament then his finishing position is 1 and you lose £26 i. e (27-1= 26) If however he misses the cut his finishing position will be 70 and you will win £43 i.e. (70-27 = 43) 70 is the highest position achievable for the vast majority of Finishing position bets and effectively acts as a safety net for sellers. This safety net is one of the reasons why most spread bettors sell rather than buy.
So that’s it basically, we wait for the tips every week, put the bets on and see how we go. The vendor has stated that you will not win every week but expects to do well over the course of the year. We’ll start off with a betting bank of 1000 points with stakes advised by the vendor.
OK, let’s do it!
Regards
[Click here to see Golf Investor Club ...]
Inspector Steve Reviewing Golf Investor Club
Written by on Jan 31st, 2012. Comment.
Passed with 5/5 Stars!
- All
By The Book Rating:
Passed with 4.5/5 stars!
- Betfair ATM Rating:
- Bonus Bagging Rating:
- Golden Key Method 2 Rating:
- Layers Of Profit Rating:
- The BetPlan Rating:
Winning Trainers – Day 51
31st January 2012
Hi Bloggers,
There were 4 qualifying selections today.
Bank 1. Win only (1000 pts)
140 Taun lyrical chant
10.0@22.88 = -10.0
310 Taun aather
10.0@10.41 = -10.0
340 Taun oneforfun
10.0@9.46 = -10.0
340 Taun mighty monty
10.0@7.58 = -10.0
P/L = -40.00pts
Level Stakes staking plan:
Start Balance: 1,000 points
Today’s P/L: -40.00 points
Running Balance: 723.60 points
Bank 2. Each way (1000pts)
Same selections.
340 Taun mighty monty
10.0ew@7.58 = +6.15
3 ew losses = -60.00
P/L = -53.85pts
Level Stakes staking plan:
Start Balance: 1,000 points
Today’s P/L: -53.85points
Running Balance: 449.23 points
All the best, Inspector Tommy reviewing Winning Trainers.
(click here to see Winning Trainers…)
Written by on Jan 31st, 2012. Comment.
Passed with 5/5 Stars!
- All
By The Book Rating:
Passed with 4.5/5 stars!
- Betfair ATM Rating:
- Bonus Bagging Rating:
- Golden Key Method 2 Rating:
- Layers Of Profit Rating:
- The BetPlan Rating:
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