In form tipping services?

I have been punting a lot more recently and it is starting to take up a lot of my time, resulting in little free time as I still have a full-time job. There are various services I am a member of and the vast majority of them are very successful in the long run. I am basically looking to discuss services that have been successful in the long run, how long they have been running, and the prices they are charging for their service. I'm sure this is all available on their websites, but it is beneficial to discuss this with fellow punters. Cheers.

 

Don't use them mate, never would either! Why do you use them, instead of picking your own?

 

I pick my own all the time, the wife flatly refuses to do it.

 

Welcome Hackett.

 

I use them because if you pick the right services you will make profit long term. If you go on the Horse Racing Index, there are many services on there who have their long term figures posted up, which show they are in a substantial amount of profit since they started. It's hard to argue with their figures, as they are fact, and if you had been a member of those services the last few years you would be in a lot of profit, long-term of course. I pick my own horses also, but I also like getting bets from other tipsters who know what they are talking about.

 

Timeform service always shows a profit but unless you bet with big money, the cost wipes out the profit.

 

I guess for me it boils down to the element of fun. There would be no fun in me just backing a horse on someone else's say-so. Each to their own though, and good luck with it!

 

No fun backing somebody else's choice. I get more satisfaction from being proven right than the money won.

 

In general, the cost of services will not wipe out the profit you make, whether you bet with big money or not.

 

If you follow a tipster/system blindly (unless you devised the system) you don't have to have any interest in horses or horse racing at all. It's just an investment. Like putting money into a Unit Trust (let the fund managers decide what and when to bet/lay)

 

Have you seen the cost of Timeform?



£99 per month

 

Yes Ron that's true to a certain extent, but that depends on what interest a certain person has. I for instance have had interest in horse racing for years, help run a tipster service, and actually look at tipster's bets thoroughly and decide whether or not to back them based on mine and others judgement, depending on how good they are. With some services I completely trust them, as like I said, they are in huge profit long term. Others I do not trust so much as they have not been going as long as others and their record is not as good.

 

Hey Hackett - sorry you're not really having much luck here - I also subscribe to the 'would never use one' idea.

Quick word of warning, although I'm sure you've done your research - you seem quite knowledgeable on the matter.

I got a phonecall a couple of months back from an old mate from school, who'd seen me talking horses on facebook. Neither of us had been interested in horse racing when we'd known each other, but we met up and had a pint. He was raving about these tipping services, about how they all show a good profit but since he'd joined they'd been terribly unlucky. He was putting quite a decent chunk of cash into these things and had been loosing significantly for about 6 months.

I looked them up after that conversation. An interesting fact is that the advertising these services put out in the likes of racing post is allowed to use figures which do not include all their selections. So for example, when they're doing well in, say, jumps, but poor on the flat, they just post jumps, or in ireland but not england, or whatever. The point is they don't have to declare if this is the case.

For this reason I would never go anywhere near one, even as, as Ron says 'an investment'.

I do see the attraction - especially if they explain their logic in detail, as a tool for learning the ropes, but I couldn't be having one as a long term plan.

 

Yes, and if they are a good enough service and you are not betting with pennies then you will see a profit long term, despite the price tag.

 

When I was young I saw these full page adverts in the racing papers. 20 consecutive wins etc. I joined up and had one short priced winner and that was that.

Try Ardent's system (APPRAISE). Don't know how he picks them but it's been very successful on here.

 

I can't believe this thread has attracted this many responses because I'd be surprised if many regulars on here used a tipping service.

Surely if these tipsters were so successful they'd have no need to run a tipping service.

It also doesn't surprise me the OP helps run one himself. Are you here to advertise or are you doing market research for your service as the questions you asked in the first post seem to be leading down that path?

 

Surely this is different to 'using a tipping service'? I read the Racing Post/Weekender/etc, I read what the 'tipsters' have to say, I look at what people have said on here/Twitter/elsewhere/etc, I look at the form myself (most importantly), I then arrive at a judgement on all the available information.

I don't use any tipster service but I use information and other opinions to formulate my own. For example, I might read an interesting angle which I haven't seen and then research it further.

Apologies if I am barking up the wrong tree which is quite possible.

 

A tipping service is almost by definition unsuccessful.

Any service that is successful in the short term will be picked up upon by the bookies and their selections priced accordingly, eroding any profit and making the service unprofitable in the long run.

 

i thought the same

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personally, the satisfaction gained from picking my own winner (happens maybe twice a year!!) far outweighs the profit i may make using a service. As i dont bet big nor too regularly.

 

I dunno, if I thought I could make the same amount of cash risk free from running a tipping service than from doing the betting myself then I can see the attraction.

I would be interested to know what describes the average user of a tipping service. I suspect (though I have nothing to back this up) that the users of tipping lines etc are in general hoping to use it to make quick cash rather than as an angle to learn about racing, and would probably be better served by putting their £99/month into more important things.

I may be completely wrong about that - please inform me if that is the case.