Precision Bets Review

Precision Bets is a new and independent tipster service which is operated by James Hogan. It claims to be able to offer a substantial profit for subscribers without too much in the way of effort.

What does the product offer?

If you believe the headline for Precision Bets, this is a betting system that will make you very comfortable financially. Furthermore unlike so many other products which are sold through the usual affiliate marketing channels, James Hogan swears blind that his service isn’t “FAKE”. This probably shouldn’t be something that you have to sell, but I also know how many questionable services I have looked at on a day to day basis, so I can also understand the need to point this out.

In terms of what you are actually getting with Precision Bets, it may not come as a surprise to learn that the sales material is purposefully vague. In fact, I don’t really believe that James Hogan ever mentions in any detail what you can expect from his service. As a service there is very little about Precision Bets that really makes it stand out. Selections are sent out on a near daily basis, directly to your email address. According to James Hogan, all that you have to is place the bets.

This lack of information on the service is definitely not a good start for Precision Bets and raises many more questions than it answers. This me onto the second problem with Precision Bets which is the staking plan. More specifically, it is the lack of. It would appear that you are supposed to back James Hogan’s selections to 1 point each however this isn’t explicitly stated. Nor is the amount o points that you need to make up a betting bank.

There is however one piece of information we are given for Precision Bets and that is the claimed strike rate. According to James Hogan, this is over 45%. Unfortunately, with no additional context or timescale or this number (for example, Precision Bets has supposedly been operational for 12 years. If James Hogan has averaged 45% over this time period, that would be impressive), I am inclined to take it with a pinch of salt. This brings me onto the final and also biggest problem in this regard which is the lack of proofing.

How does the product work?

If there isn’t a lot of information on what to expect from Precision Bets, there is even less about how James Hogan makes his selections. We are given no information of value and are instead treated to a narrative which tells us how James Hogan ended up as a tipster. This tale is remarkably similar to many that I have heard before on this kind of  service.

It is covered in more than enough detail on the Precision Bets web sales page so I won’t go into too much detail here. None the less, it would appear that understanding James Hogan’s alleged story is important to understanding the selection process. After dropping out of high school, he started working for his half sister (Helen Hogan, who despite some intensive searching doesn’t seem to exist) at her stables. Following on from several big wins, the stable became “relatively famous” and James Hogan started to top up his income through betting as he “knew a few of the horses and all of the tracks”.

This basic knowledge was apparently developed into some kind of strategy which is now the driving force behind Precision Bets. Unfortunately, this strategy isn’t something that is discussed in any detail, or in fact at all. As such, I am treating it with a large dose of cynicism.

What is the initial investment?

There is only one option for those who wish to sign up for Precision Bets which is a lifetime subscription at a cost of £29.99. James Hogan says that this is only open to 50 subscribers although I am highly sceptical of this claim. It seems much more likely this is a (rather crude) marketing strategy to encourage immediate sign ups.

Payment for Precision Bets is handled via Clickbank which means that there is a full 60 day money back guarantee in place. James Hogan also advertises this on the sales page for Precision Bets.

What is the rate of return?

I find it interesting that James Hogan is so quick to disparage other tipster services for claiming an income of hundreds of thousands of pounds per week. This is because in many ways, the claims levelled at other services can equally apply to Precision Bets which has a claimed income of at least £60,000. Given that there is no evidence supplied to back this claim up (except for one massively questionable screenshot of a betting account), I am as sceptical of this claim as somebody who supposedly makes £250,00 per week.

Conclusion

I have spent a lot of time focussing on tipster services lately and I have looked at plenty of genuine independent tipsters and not one of them has felt as questionable as Precision Bets. Sure, there have definitely been a few doubts about claims made, I am after all a cynic. Precision Bets however is a hard return to a reality where successful internet marketers will release tipster products soelely to make money (most honest tipsters want their clients to succeed as much as they do).

There are also a large number of red flags on offer with Precision Bets. This includes a focus on the earning potential and ease of the service to a real lack of results. The fact that James Hogan’s story about how Precision Bets came to be doesn’t tally with anything that I can find is just another element of Precision Bets to be concerned about with the service.

Really, this is one of the key problems that I have with Precision Bets. The claims made are frankly, on the ludicrous side and we are never given anything to back them up. We are to believe that the service makes £60,000 per year, and that the tipster just happens to be a stable boy who developed a system based around some vague knowledge. This doesn’t sound believable and as such, I have no qualms about throwing everything about Precision Bets into question.

The price that is currently being chared is clearly there in order to entice those who don’t know any better and that is worrying. In fact, all of the marketing for Precision Bets seems to be pointed at that demograpic. With this in mind, I would have to see plenty of evidence for Precision Bets going back a substantial amount of time before I could recommend it. Even at “just £29 for a lifetime, I can’t recommend Precision Bets.

Comments (1)

Heh heh, I love the quite clearly justified cynicism. Good review.

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From: Simon Roberts