Another offering from the well respected Mike Cruikshank which on first reading looks like another winner. It is well worth reading the marketing page fully to understand where the product comes from, the main strategy being long established but little used and which offers a very low risk method for profiting from horse racing using Best Odds Guaranteed bookmakers. There are 3 more strategies which are intended to be used after mastering the first and a bonus staking plan offering advice on how to generate profits and be able to withdraw some regularly.
On signing up you receive a welcome email and details of how to access the members area of the site. Once there you will find a set of video training covering all aspects of the strategies and showing live examples of them working. As with all Mike’s products the explanations are simple and make it clear what needs to be done. There is an assumption that you know how to place a bet with online bookmakers but after that all is covered including tips on how to avoid upsetting the bookes and so losing the ability to use the system!
As well as the demonstrations you receive access to the software which identifies potential opportunities and allows you to record any bets placed and their outcome. It is very intuitive to use and after perhaps a day of paper trading to make sure you have understood the initial strategy – The Golden Parachute – you should be able to get going live.
An initial bank of £100 with risk of up to £3 per selection should allow you to generate the profit levels seen in testing at around £500 per month.
Because the initial offer price is ending soon I have posted this initial review before full testing but Mike’s reputation is such that I am confident in doing this. The initial cost of £1 for 14 days will be more than enough to allow to to make your own assessment of the product. I will of course post my results when I have been able to use the software in practice.
Golden Parachute Review 6 June 2018:
After a little over 2 months of testing the initial strategy it is looking very positive indeed. In practice there are some considerations that will affect your use of the product but these do not detract from the main objective and potential profits for users.
Using Golden Parachute is simple – you open the software on your device and it will run in real time updating as the bookmakers change their prices.
Each race can be sorted to the filter required by clicking on the heading. I order by the over-round as this is the main criterion to consider and then check the number of runners. The recommendation is that a maximum over-round of 103% is used and 6 runner or less races. Clearly there may or may not be any possible selections available at any given time.
If a race is of interest then click on the “calculator” link and a screen such as this will open in a fresh window thus ensuring you can keep an eye on the main events easily.
The display now shows the individual runners, their current odds and the Stake that should be placed on each. The Oddschecker link allows ready checking that the price is available and quick placing of the bets. Often the opportunity to back at a potential profit does not last long. It is possible to just save the race using the simulation mode if you want to check how things would pan out in practice. Either way you save the event once the bets are placed and come back when the result is known. (It will be noted that the potential loss here was up to £6 for £100 staked – I had seen alternative tips on the race and as the profits already achieved were high decided the risk was worth taking)
As expected the favourite won and so the return was £104 giving a 2% profit. By entering the winner in the appropriate box the data is automatically updated. If the price had drifted and thus given a higher return because of Best Odds Guaranteed the line highlighted would show the extra profit earned. This is where the real profit potential lies for the strategy.
A look at my summary results on the proofing will show that as time has gone on I have become rather more selective on races used but also taken some races above the 6 runner max suggested. This is where the over-round was so attractive that it seems churlish to miss out on a guaranteed profit but serves to highlight the flexibility that users can apply to their application of this strategy.
I am in the position that I can check on the situation frequently through the racing day and thus possibly see more opportunities. There does not seem to be a hard and fast time when possible selections might occur so if you cannot make regular checks on the software this may not be suitable. The initial low cost trial will allow you to check this easily.
The betting bank advised is 100 points which should allow profitable use of the strategy. However, because you are placing bets with multiple bookmakers there are going to be timing issues with funds transfer around as winnings are made and the other losses need to be re-stocked. I would suggest that even though you are basing the betting on a 100 point bank it would be more practical to have £500 at your disposal otherwise you may be limited on the number of bets you can place. As profits grow this will become easier to manage.
And so to the results so far. I have usually stopped at 3 selections per day which is by no means necessary if you have the funds available for more betting. But even at this relatively low activity rate I have managed to make all but 600 points profit so far with minimal risk on any bet. I now ignore possibles where the initial assessment shows losses on the top 4 runners and if this means a blank day so be it. The ROI is relatively low at around 4% but this reflects the low risk factor.
Bookies should not be too upset at your activities as you will be losing a majority of bets and the winnings individually are not large sums. But it would be wise to keep tabs on where you do win and make adjustments in your betting if you think necessary – the drop down on the horse name in the selection area shows other books available to help with this.
I have checked with Mike today and the initial £1 offer for 14 days remains available – the full annual sub at £99 is a snip at the profit levels we have demonstrated so if you have the time to make use of the strategy I would suggest you give it a try.
Update 1/10/2018: Although I have become rather more selective in the races I look at the profitability has remained here with 1644 points generated overall at an ROI of 6.90%. With the minimal risk involved this has to be a worthwhile service so long as you have the time to keep checking through the day. I have bent the guidelines slightly and other users will probably feel able to do the same once they are familiar with the basic process – for example if the over round is 90 or below I will accept races with more than 6 runners as the reward is going to be at least 10 points before you need to consider the possibility of BOG uplifts. I also now discount races where the favourite would return a loss even if it is just 1 point. This reflects the time I have available to monitor things and the point is that a wide range of options are potentially available here.
The price remains a bargain and given my experience plus the initial refund guarantee available there is every reason to give this a proper test with minimal risk to users.