NM RACING TIPS : 24% ROI and 80% chance of a profitable month

OVERVIEW :

NM-RACING-TIPS has been providing Horse racing tips since September 2021 producing an excellent 24% ROI with 13 profitable months from 16 total months tipping ( 81% profitable ).

On average there’s 4 tips per day typically advised at 10 pt. which means, at £1 per point, you’d be betting around £40 per day.

Performance to date over different time periods suggest there’s a 100% likelihood of making a profit with NM-RACING-TIPS during any consecutive 4 month period.

TIPSTER SKILL FACTOR : HIGH

The p-value, which gives a measure of how likely it is these results to be achieved purely by chance is 0.0001 ( to 4 decimal places ).

This indicates its extremely unlikely NM-RACING-TIPS‘s results could be achieved by pure chance.

LOSING STREAKS : LONG

How long will losing streaks be?

Over 16 months there have been 1969 tips. The Win Rate of these tips has been 19%. This gives an ELLR (Estimated Longest Losing Run) figure of 36. In other words you should have been prepared for 36 losing tips in a row over that number of tips.

With the current ROI and number of tips per day you should prepare for encountering the following:

• Over the next month: At least one run of 23 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.

NM-RACING-TIPS‘s coefficient of variation figure is 1.14 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 £29 which is reasonable. NM-RACING-TIPS’s overall ROI of 24% means that each 1% of ROI costs £1.22 which is good 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 : REASONABLE

How much am I likely to be betting every day?

£0.20 /pt. to cover subscription cost
Doing the calculations based on 24% ROI from 4 tips a day at the average advised stakes of 10.5 pt. you’d need to be betting at £0.20 per point just to cover the £29 subscription cost.

£0.50 /pt. to clear £100 profit
If you were looking to make somewhere in the region of £100 clear profit a month, over and above the subscription cost, the staking levels would need to be around £0.50 per point. This means betting in the region of £20 a day.

N.B. This is purely an indication of the scale of staking. Its never going to work out this way in real life – the ROI for the month will be different, the number of tips per day will be different and the advised points per tip can change.

BETTING BANK SIZE : 580pts

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 NM-RACING-TIPS would be 580 points.

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

EXPECTANCY : AVERAGE

How long before I can expect to make profit?

1 MONTH: If you’d followed NM-RACING-TIPS for 1 month at any time since the service started there was a 81% chance you’d make a profit. Looking at it another way you were 4 times more likely to have made money than lost money in any one month and your profit would have been 3 times more than the amount you might have lost – an average of 870 points profit versus an average loss of -260 points.

2 MONTH: Following for 2 consecutive months at any time since the service started there was a 87% chance you’d make a profit. You were 7 times more likely to have made money than lost money in those two months and your profit would have been 5 times more than the amount you might have lost – an average of 1600 points profit versus an average loss of -310 points.

3 MONTH: If you’d followed for 3 consecutive months at any time since the service started there was a 93% chance you’d make a profit. You were 13 times more likely to have made money than lost money and your profit would have been 11 times more than the amount you might have lost – an average of 2320 points profit versus an average loss of -220 points.

Find out more about NM-RACING-TIPS here

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