HORSEFORACOURSE : Tipstrr’s best racing tipster so far this year

OVERVIEW :

HorseForaCourse has been providing Horse racing tips since June 2020 delivering an incredible 41% ROI over 38 total months of tips. He has had 28 profitable months out of those 38 which is 75% success rate.

On average there’s 2 tips per day typically advised at 10 pt. which means, at £1 per point, you’d be betting around £20 per day.

Performance to date over different time periods suggest there’s a 100% likelihood of making a profit with HorseForaCourse during any consecutive 6 month period.

Tipstrr.com put HorseForaCourse in No.1 spot in their 2023 Best Horse Racing Tipsters half-yearly Review. Here’s what they had to say …

“1st HorseForaCourse 301 tips, 56% ROI, £4,460 profit

And so we move on to our Best Tipster of 2023 (so far!) in the shape of HorseForaCourse, who began the year with a rare (albeit negligible) drawdown month, before resuming the kind of form that has made him one of Tipstrr’s most reliable performers since setting up shop immediately following the Covid-19 lockdown in June 2020.

Providing a consistent service which offers a 60/40 mix of race-winner and each-way selections at average mid-market odds of around 10/1, his six-month 56% ROI equates to a tasty £4.4K to level £20 stakes scross his selective output of 301 tips.

The profits accrued over the last six months are merely a continuation of the sustained success that has see H4AC yield a 46% ROI over the last year and an overall 35% from well over 2,000 tips since the service first launched three years ago”

Since joining Tipstrr 38 months ago in June 2020, Horseforacourse :

• has made a total cumulative profit of £8,894 and an average monthly profit of £234.
• provides Horse racing tips.
• leans toward the Race winner and Each way markets.
• bookmakers of choice are Bet365 and SkyBet.
• preferred courses are Hamilton and Lingfield.
• likes to tip at odds between 6.00 and 11.99.
• typically uses a stake of 1/10 or 5/10.
• usually posts their tips around 4PM – 8PM.
• usually posts their tips around 12-24 hours before a fixture starts.
• Horseforacourse’s longest unbroken profit streak was 6 months.

TIPSTER SKILL FACTOR : VERY HIGH

The p-value, which gives a measure of how likely it is these results to be achieved purely by chance is 0.0000 ( to 4 decimal places ).

This indicates its extremely unlikely HorseForaCourse’s results could be achieved by pure chance.

LOSING STREAKS : POTENTIALLY VERY LONG

How long will losing streaks be?

The all-time tip Win Rate has been 17% over the 2300 tips.

If the Win Rate and numbers of tips is maintained you should anticipate encountering the following longest losing runs over the next periods of time:

• Next month: At least one run of 22 losing tips.
• In the next 3 months: At least one run of 28 losing tips.
• During the next 6 months: At least one run of 31 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 coefficent of variation puts a specific number to this risk so that you can compare investments for risk but you can get a sense of how risky/volatile a tipster is just by looking at how much the ROI changes month-on-month.

HorseForaCourse‘s coefficient of variation figure is 0.95 indicating performance is stable and risk is low.

VALUE FOR MONEY : VERY GOOD

Does the subscription cost for this tipster represent value for money?

The monthly subscription cost is £19 which is low. HorseForaCourse’s overall ROI of 41% means that each 1% of ROI costs £0.46 which is great value.

Generally, subscriptions costs are typically less per month if you take a 3-month or even 6-month subscription and you can always cancel and get a refund should things not go the way you hoped.

BETTING STAKES : LOW

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.

To cover subscription costs £0.10 per point
Doing the calculations based on 41% ROI from 2 tips a day at the average advised stakes of 10 pt. you’d need to be betting at £0.10 per point just to cover the £19 subscription cost.

£0.50 per point to clear £100 profit
To hope to make somewhere in the region of £100 clear profit a month, over and above the monthly subscription cost, the staking levels would need to be around £0.50 per point. At this level you’d be betting in the region of £15 a day.

BETTING BANK SIZE : 560pts

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).

The formula used here to calculate the size of Betting Bank is: Betting Bank Size = 2.5 x ELLR x Average Bet Stake

This is 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 HorseForaCourse would be around 560 points.

So, if you were betting at £0.50/pt stakes hoping to make £100 clear profit the Betting Bank would need to be around £300.

EXPECTANCY : POOR

How long before I can expect to make profit?

1 MONTH: If you’d followed HorseForaCourse for 1 month at any time since the service started there was a 75% chance you’d make a profit. Looking at it another way you were 3 times more likely to have made money than lost money in any one month and your profit would have been 2 times more than the amount you might have lost – an average of 360 points profit versus an average loss of -160 points.

2 MONTH: Following for 2 consecutive months at any time since the service started there was a 81% chance you’d make a profit. You were 4 times more likely to have made money than lost money in those two months and your profit would have been 4 times more than the amount you might have lost – an average of 630 points profit versus an average loss of -170 points.

3 MONTH: If you’d followed for 3 consecutive months at any time since the service started there was a 91% chance you’d make a profit. You were 11 times more likely to have made money than lost money and your profit would have been 3 times more than the amount you might have lost – an average of 790 points profit versus an average loss of -280 points.

Find out more about HorseForaCourse here

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