Champion Racing Lays  Final Review

4th July 2011

Review Manager David-Reviews Champion Racing Lays

Rating:

Passed And Approved

Hi Bloggers

Seems a long time now since Champion Racing Lays started way back in February on the 16th and finally finished on June 16th so we managed to end the 84 day period within 4 months.

So, we had 37 non betting days either through no selections or the selections being outside the maximum odds range.

The original version of  Champion Racing Lays was reviewed by Sergeant Tommy on Betting System Truths last year and lost  just over 31 points and was duly Jailed and Failed.

One of the changes made in Version 2 was to half the maximum lay odds from 20.oo to 10.00, anyway this change plus any others that were made seemed to have a positive impact as results for this particular review were a vast improvement over the original finishing 20.23 points in profit. So lets have a look at the stats:

So from an average of 28 selections a month you are making just over 5 points a month  using the level stakes option, so how did it work out week by week?  I have put a profit graph below :

As we can see the bank was never in danger even though it was only 50 points and just 2 weeks showed any notable decrease that was 8 and 10  we had 5 upward trends on weeks 1,3,7,9 and 11 the other weeks remained fairly static. So are the above figures normal for the service?  Lets look at the data for when the Champion Racing Lays 2.0 started on September 1st 2010 to February 15th 2011 the day before we started the review here is the Breakdown:

Not much difference the between the two sets of data only the percentage return on Starting Bank which you would expect as the period before the review was 6 weeks longer so lets put it in perspective and add all the data together here is what we have:

So a 48 .28 points profit in 9.5 months so thats still 5.10 points average profit per month, but as the graph below will show it does not exactly work out that way:

As one can see starting of with a 50 points Bank in the first month Champion Racing Lays made 22.50 points profit which is a fair chunk of the total profit of 48.28 this means in the remaining 8.5 months it made 25.78 but if we look at the number of  selections per month we can see the reason for the 2 months that were almost static and the one that lost:

We are all aware of the bad weather that affected racing during the winter months so Decembers loss was not surprising and it had the least selections, January was only only slightly down and February made a small profit. My only concern is when the Months of October and May hit the 40 + selections the profits was no where near that of September’s not even half of it. I know that only one of the months concerns the actual review but if you have the full data then it is good to compare the stats see how close they are to each other if results before the review are similar to that of the actual review then you have a pretty good chance the service or system is a consistent performer.

Staking Plan

On the website other than the 1 point level stakes to a 50 point starting Bank the vendors suggest using a 50 point bank and then compounding every month. Quite simply at the end of each month you divide your running bank or cumulative bank if you prefer by 50, so for example as we can see from the previous graph starting of with a 50 point bank in September using the 1 point  per bet stake at the end of the month we had a running bank of 72.70 points divide that by 50 and you have a stake of 1.45 points per bet for the month of October and you carry on like that for every month until you get to stage hopefully that you can take out some of the profits. Now as it takes time for the cumulative staking to mount up I did not bother to work it out  for the review period but was able to produce some data and a graph from when the service first started  in September last year upto June 16th here they are:

Well,  a better profit is shown 66.50 points and June is currently staking 2.24 points per bet, we can see that September still provided just over a third of the profit but not as bad as the Level Stakes. The flat spots of December to February are still present but at least the line was more steeper after these months. It would be interesting to see how far this  will go being that  there is a couple of compounding products on the market at the moment. For those of  you who are interested in compounding here is how the stakes increased each month:

Cost and Service

Since our review started, Ozmedia have altered the subscription charges for the Champion Racing Lays service.

These are now as follows:

The 14 day free trial offer has ended, but there is now a 30 day money back guarantee.

For this you get a  Completely  fully automatic Betting Bot, Detailed User Guide and Quick start plus Technical Support from Betting Bots Worldwide.

I take it that the Bot will automatically receive or find the selections and place the lays for you if they qualify, unfortunately I did not have use of the bot during the review but received the selections by e-mail. The e-mail service was very good and only twice did i not receive an e-mail and this was due to bad weather disrupting the vendors power and internet connection, they were very quick to apologise once they were up and running. The results on the website and the odds were the same as mine and it was good to see a vendor deducting 5% Betfair commission, the only thing we differed on was a horse that was 10.01BSP I excluded this because it was the over the 10.00  maximum odds limit and they included it, other than that no issues.

Conclusion

There is a lot to like about Champion Racing Lays 2.00 the vendors have done well in transforming the old losing version to one that made a profit. Overall having losing runs no longer than two not just during the review but in the months before this is quite impressive some good winning runs too, e-mail service was very good and I have had contact with the vendors and found them helpful and polite. The results on the website is fairly up to date and no problems with different odds etc, although they do need to change the home part of their website as they have had far more than 83 selections this year now. Now although the 20 points profit obtained during the review is not to bad this will not be enough for some people although you have to consider that the amounts on the losing parts was quite small so no heavy monthly losses. If the Bot can handle getting selections and placing the bets it could be  very useful for those who work during the day.

Concerns?

Well looking at all  the months the service has been running  is slightly worrying  that is it has had only one really good winning month, it has had winning months of course but around 2 to 7 points given that you are laying at up to 10.00 it is important to have a safety net of  points if you are only winning small amounts its easy for one or two higher  priced winners to damage the bank  it did not happen during the review but it will sometime.

Taking all the above into consideration and the fact that the service did make a profit during the review I am awarding it 3.5 stars.

Regards

RM Dave

[ To see Champion Racing Lays click here.....]

Review Manager David-Reviews Champion Racing Lays

Update: 1/12/11

This product has now been launched as Champion Racing Platinum. It uses the same selection criteria, but has a new staking plan added and the bot has been upgraded.