OVERVIEW :
THEBANKER has been providing Horse racing tips since June 2019 producing an excellent 24% ROI with 29 profitable months from 41 total months tipping – providing a 71% chance of having a profitable month.
On average there’s 2 tips per day typically advised at 5 pt. which means, at £1 per point, you’d be betting around £10 per day.
The longest unbroken profit streak has been 7 months in a row and the longest losing streak has been 2 months in a row.
Analysis of the results to date show at best there’s been a 100% probability of making a profit with THEBANKER over every 5 consecutive months.
THEBANKER
ROI:
24%
Profit Mths:
29 / 41
Expectancy:
5mth – 100%
Skill:
AVERAGE
ELLR:
24
Risk:
MEDIUM
Value:
VERY GOOD
Stakes:
REASONABLE
Betting Bank:
300 points
TIPSTER SKILL FACTOR : AVERAGE
The p-value, which gives a measure of how likely it is these results to be achieved purely by chance is 0.0038 ( to 4 decimal places ).
This indicates its extremely unlikely THEBANKER‘s results could be achieved by pure chance.
LOSING STREAKS : LONG
How long will losing streaks be?
The tip Win Rate has been 15% over 1377 tips. This gives a high ELLR (Estimated Longest Losing Run) figure of 24 – in those 1377 tips you should have been prepared for 45 losing tips in a row.
Based on the current ROI and tip rate you should anticipate 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 30 losing tips.
- During the next 6 months: At least one run of 35 losing tips.
TIPSTER RISK FACTOR : MEDIUM
The risk factor is calculated from the variance in the monthly ROI figures – are the ROI figures always about the same or do they vary a lot?
If the monthly ROI figures vary a lot this means performance is volatile and volatility means risk.
THEBANKER‘s coefficient of variation figure is 2.37 indicating performance is reasonably stable – risk is acceptable.
VALUE FOR MONEY : VERY GOOD
Does the subscription cost for this tipster represent value for money?
At £29 per month the subscription cost is reasonable.
Having an ROI of 24% means each 1% of ROI is costing £1.20 which which makes these tips good value.
However, a 3-month subscription will make things relatively cheaper each month and you can always cancel the subscription and get some money back if things don’t work out.
BETTING STAKES : REASONABLE
How much am I likely to be betting every day?
The following figures are based on current performance and are provided only to give a sense of scale regarding betting stakes.
To cover subscription costs : £0.50 per point
Based on this 24% ROI from 2 tips a day at the average advised stakes of 5 points you’d need to be betting at £0.50 per point to cover the £29 subscription cost.
To clear £100 profit : £1.80 per point
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 £1.80 per point. At this level you’d be betting in the region of £25 a day.
BETTING BANK SIZE : 300pts
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 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 THEBANKER would be 300 points.
So, if you were betting at £1.80/pt stakes hoping to make £100 clear profit the Betting Bank would need to be around £550.
EXPECTANCY : POOR
How long before I can expect to make profit?
1 MONTH: If you’d followed THEBANKER for 1 month at any time since the service started there was a 71% chance you’d make a profit. Looking at it another way you were 2 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 860 points profit versus an average loss of -430 points.
2 MONTH: Following for 2 consecutive months at any time since the service started there was a 83% chance you’d make a profit. You were 5 times more likely to have made money than lost money in those two months and your profit would have been 3 times more than the amount you might have lost – an average of 1280 points profit versus an average loss of -380 points.
3 MONTH: If you’d followed for 3 consecutive months at any time since the service started there was a 95% chance you’d make a profit. You were 19 times more likely to have made money than lost money and your profit would have been 5 times more than the amount you might have lost – an average of 1640 points profit versus an average loss of -350 points.
Consecutive Periods | Total | Made Profit | Made Loss | %Profitable | Avg.Profit | Avg.Loss | Expectancy | Profit Factor |
any 1 month | 41 | 29 | 12 | 71% | 860 | -430 | 482 | 2 |
any 2 months | 40 | 33 | 7 | 83% | 1280 | -380 | 989 | 3 |
any 3 months | 39 | 37 | 2 | 95% | 1640 | -350 | 1537 | 4 |
any 4 months | 38 | 37 | 1 | 97% | 2140 | -80 | 2081 | 26 |
any 5 months | 37 | 37 | 0 | 100% | 2640 | 0 | 2640 | 2640 |
any 6 months | 36 | 36 | 0 | 100% | 3160 | 0 | 3160 | 3160 |
Find out more about THEBANKER here
If you enjoyed this article and found it useful you can subscribe to thebetinvestor to get notified when new articles like this are posted.