“Betting will very very rarely make you rich” is the introductory statement on the marketing page which is generally a much different animal to the usual over hyped spiel that is seen. Here we have seemingly reasoned arguments championing the need to take things slow and steady from day 1 which should lay a foundation for faster growth in the future. This apparently is how our author achieved his nickname.
Most of the marketing mafia tipsters ignore requests for access to their services for review purposes so I was surprised when Pete agreed and harboured a faint hope that this might just be the service that disproves the Clickbank theory. However, this hope was dashed a little when I started to receive the selection emails which showed the service address – a quick check on my old site showed I had reviewed 8 services from the same private house all with different authors but using Adam Blinkhorn as their publisher.
Still we have to give things a chance to work and subscribers will receive an initial email setting out the betting bank suggestions and how things should progress with £500 profit the initial target. We are advised again that the “first few months can seem slow but we are rewarded long term”. It is suggested that a minimum bank of £500 be used as this will equate to £5 initial bets. Emails are supposed to be received the night before racing but in practice have been at various times mostly in the morning but this matters not too much as bets are set to be struck at BSP. Selections will be straight win or place and are staked at 1 point level until we reach the first target. The number of selections varies normally 5 or 6 split fairly evenly between win and place.
And we started well with a near 3 point profit on day 1 which rose to 9 points after a week. But that was it – a steep decline for the next 6 weeks bottoming out at a loss of 38 points before a recovery in April which has since been almost completely lost again and we are now showing a 32 point deficit. The strike rate overall is 28% and about 10p in every £1 staked has been passed to happier Betfair clients.
Not a word from Pete about performance when things were going wrong but immediately there were a few good days strung together he was promoting the service again. It has gone very quiet again now.
But even worse in my view is the blatant passing on of subscriber email addresses to other vendors. I have now received invitations from 3 other “people” promoting services that have all the hallmarks of the marketing mafia system and when I click on unsubscribe it tells me the list I am signed up to is “plodder pete” . I have written to him asking why am receiving such emails as I have not given any permission for this and been roundly ignored. You have to wonder if these people will take any notice of the new regulations coming into force shortly – and if they do not whether any sanctions will be pursued against them.
On the positive side it appears that my enquiries may have led to Pete striking me from the selections emails too as nothing has been seen since May 5th. Again I have emailed to ask the situation and so far not received a response.
No doubt the author will argue that more time is needed to demonstrate the potential here but with a third of the bank gone and more than 350 bets placed I do not think it unreasonable to expect some evidence of expertise by now. Mind you his opening advice on the marketing page would seem to be very fair comment! And his suggestion that it is rare to need a drawdown on the betting bank in excess of 20 points has been well and truly shattered.
I am classifying this as a failed service with a 1 star rating. If you have subscribed use the Clickbank guarantee to get your cash back before it is too late.