OVERVIEW :
The Each Way Star has been providing Horse racing tips since June 2023 producing a very good 19% ROI with 6 profitable months from 6 total months tipping – providing a 100% chance of having a profitable month.
On average there’s 7 tips per day typically advised at 10 pt. which means, at £1 per point, you’d be betting around £70 per day.
Analysing different historical time periods shows a 100% probability of making a profit with The Each Way Star over all consecutive 1 month periods.
The Each Way Star
Since joining Tipstrr in June 2023, The Each Way Star has made a total cumulative profit of £4,455
TIPSTER SKILL FACTOR : UNCERTAIN
The p-value, which gives a measure of how likely it is these results to be achieved purely by chance is over 1%.
This indicates its unlikely The Each Way Star’s results could be achieved by pure chance.
LOSING STREAKS : SHORT
How long will losing streaks be?
The all-time tip Win Rate over 1173 tips has been 41%.
You will always get losing runs but if this Win Rate and the volume of tips stays pretty much the same you should anticipate the following over the next periods of time:
- In the next month: At least one run of 10 losing tips.
- In the next 3 months: At least one run of 12 losing tips.
- During the next 6 months: At least one run of 14 losing tips.
TIPSTER RISK FACTOR : LOW
The finance industry uses a coefficient of variation calculation to measure how risky an investment is. In simple terms its the ratio of the standard deviation to the mean.
But in even simpler terms its looking at the monthly ROI figures – are they always about the same or do they vary a lot?
If they vary a lot that means performance is volatile and volatility means risk.
The Each Way Star‘s coefficient of variation figure is 0.47 indicating performance is stable and risk is low.
VALUE FOR MONEY : VERY GOOD
Does the subscription cost for this tipster represent value for money?
At the time of writning The Each Way Star is a free tipster. So 19% ROI for free is excellent.
BETTING STAKES : REASONABLE
How much am I likely to be betting every day?
If you know the ROI and the number of tips per day and the advised stake points you can work out how much you need to bet to cover the monthly subscription cost. Betting more than that per point would then give you a clear profit.
The trouble is that you don’t know what these will be.
The advised stakes might stay fixed but you cannot know how many tips will be published or what the ROI for the month is going to be. But doing the calculation can give you an idea of the scale of betting levels – will it be £10 a day or £100 a day.
£0.30 per point to clear £100 profit
To hope to make somewhere in the region of £100 clear profit a month the staking levels would need to be around £0.30 per point. At this level you’d be betting in the region of £25 a day.
BETTING BANK SIZE : 280pts
How much money do I need to start with?
The size of Betting Bank required to adequately follow a tipster is based on a combination of the average stake size and the Estimated Longest Losing Run (ELLR) which, in turn, is based on the Win Rate of the tipster’s bets.
The formula used here to calculate the size of Betting Bank is: Betting Bank Size = 2.5 x ELLR x Average Bet Stake
This will be sufficient to withstand a worst-case scenario of two (2) longest losing runs in quick sucession and still have something left (0.5) to continue betting.
The first month betting bank size for The Each Way Star would be 280 points.
So, if you were betting at £0.30/pt stakes aiming to make £100 clear profit the Betting Bank would be around £100.
EXPECTANCY : VERY GOOD
How long before I can expect to make profit?
1 MONTH: Every 1 month period since this service started has been profitable. If you’d joined and followed for 1 month you’d have made an average of 750 points profit.
2 MONTH: Every consecutive 2 month period since this service started has been profitable and you would have made an average of 1490 points profit.
3 MONTH: Every consecutive 3 month period since this service started has been profitable. If you’d followed for 3 consecutive months you’d have made an average of 2410 points profit.
| Consecutive Periods | Total | Made Profit | Made Loss | %Profitable | Avg.Profit | Avg.Loss | Expectancy | Profit Factor |
| any 1 month | 6 | 6 | 0 | 100% | 750 | 0 | 750 | 750 |
| any 2 months | 5 | 5 | 0 | 100% | 1490 | 0 | 1490 | 1490 |
| any 3 months | 4 | 4 | 0 | 100% | 2410 | 0 | 2410 | 2410 |
Find out more about The Each Way Star here
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