5 Minute Profits is a new to market horse racing tipster service which comes courtesy of tipster Luke Gunn. He claims that he is able to provide highly profitable tips.
Introduction to 5 Minute Profits
I don’t think that I’ve ever really looked at a tipster service before and thought to myself “this is just taking too darn long”. However, it is apparently something that at least somebody has considered before now, because the concept of taking just 5 minutes per day is seemingly one of the selling points of today’s subject, 5 Minute Profits.
Now, I’ve been in this business for long enough to find this interesting, however, I can’t help but feel that it is probably interesting for the wrong reasons. A point that I will explore over the course of this review. With that said, what we have here is a tipster, in Luke Gunn, who is claiming some very strong results in a multitude of different ways.
And with that in mind, I believe it would be prudent to dismiss 5 Minute Profits entirely out of hand. The fact is that if these claimed results can be attained, you are very much on easy street. As such, I am going to try and keep an open mind for this review. Something that may well prove difficult, as even a cursory glance has shown a lot of discrepancies.
What Does 5 Minute Profits Offer?
What exactly do you get when you sign up for 5 Minute Profits? The short answer to this is a seemingly quite sophisticated tipster service. Luke Gunn appears to use a wide variety of bets in order to identify potential profit. He also says that he likes to take a quality over quantity approach to betting. In fact, he even derides services that are “a bit like throwing cow shit at a barn door”.
Keeping that in mind, I don’t think that it unreasonable to hold all of this to a higher standard. After all, if you are willing to say that others doing something is wrong, then you wouldn’t be doing any of that yourself, right? In fact, I’m pretty sure there’s a saying about throwing stones in glass houses… But we’ll put that to one side for now.
So, what you have here is a near daily tipster service (Luke Gunn doesn’t send out selections for 5 Minute Profits on a Sunday). Logistically, there is nothing here that you haven’t seen before. As you would expect, selections are sent out directly to subscribers via email. Now, these are actually rather bare bones.
You receive details of the horses to back, and… well, that ‘s about it. Luke Gunn actually says that you should just back with any bookie that allows trebles. This means that if you are going to follow 5 Minute Profits, then something like Oddschecker is advised, just so you can actually get decent odds.
However, if you take this approach then you will definitely have to act fast. Because another criticism that I will level at 5 Minute Profits is that selections are sent out quite late in the day. Specifically, 11am. Now that is a problem for a lot of people who work, but it also doesn’t give you a huge amount of time to get bets placed, find decent odds, etc. Good job it only takes 5 minutes…
Now, when it comes to the bets, Luke Gunn takes a rather interesting approach with 5 Minute Profits. Each day that there are bets, you receive three selections. You are then supposed to back each of these horses individually to win, whilst also backing them as a treble. Something that does a very good job of sounding reasonable.
It is worth noting that you won’t generally be backing horses at particularly long odds here. From the limited evidence that Luke Gunn provides, the highest individual odds are 12/1. And from what I have seen of the rest of 5 Minute Profits, even this seems like a particularly long shot. As you would expect, the odds are of course longer on those trebles.
With all of that out of the way, I have to talk a little bit about some of the risk elements that are involved with 5 Minute Profits. So, in the headline for his service, Luke Gunn claims that there are strike rates (not the plural there) of close to 40%. To me, that carries a connotation that this kind of result is something that will be consistent.
Unfortunately, there is very little backing this claim up. There is a sample of (close to) a month which does include some (rather questionable) betting slips, but outside of that you are very much looking at Luke Gunn simply saying “on this day, we placed 3 bets and they lost”. This lack of proofing is something that becomes very problematic.
And finally, I come to the staking that is involved. An area that for me, actually becomes quite problematic. You see, over the course of all bets, you are effectively staking £70 per day if you are sticking to Luke Gunn’s recommended stakes for 5 Minute Profits. And that all really starts to add up, meaning effectively, you are risking £420 per week.
In spite of these high numbers, we are told that you simply need at £500 betting bank for 5 Minute Profits if you are sticking to those £20/£10 stakes (which you will note is worryingly close to just one bad week’s worth of bets). Now, if you are willing to buy into the claimed strike rate, income potential etc. this is all fine and dandy, but I’m not convinced that these results are genuine.
How Does 5 Minute Profits Work?
There are a lot of problems that I have with 5 Minute Profits. Some of which I have detailed, some of which I will touch on in more detail a little later, but the real problem stems from the fact that there just isn’t really any information about how Luke Gunn really approaches his betting. And that for me is hugely problematic.
You see, the core idea behind the sales pitch seems to be that as long as the betting strategy makes some kind of sense, you’re all good. And in theory, it works (which is of course entirely the point). Your single bets help keep your betting bank topped up. When those trebles land, it’s big profit.
But all of this pales in my eyes on the grounds that you aren’t actually told why Luke Gunn is picking the horses that he is. Really, I see no reason why this service couldn’t simply be “a bit like throwing cow shit at a barn door”. Some insight into the selection process would certainly make blindly following advice a little more palatable, but as it is, it is simply lacking.
Combine this with the fact that there is absolutely no proofing provided that I have faith in, and you can start to see where there are problems. As I mentioned, the fact of the matter is that really, you are just taking a guy’s word here that his service is all above board. The same service I would hasten to add that he is asking you to pay him for.
What is the Initial Investment?
There is only one option available if you want to sign up to 5 Minute Profits. This is a 30 day subscription which is sold as a “trial” basis and it is priced at £30 plus VAT. So far, this is probably in line with what you would expect from this sort of tipster. However, there are a few points that I want to highlight.
First of all, you are told that you are getting “30 betting days”. This would effectively mean 5 weeks of selections. And I will say that in theory, Luke Gunn could honour this, however I do have some minor concerns about this.
This ties in with my second point which relates to the money back guarantee that is offered. Or really, the lack thereof. You see, whilst 5 Minute Profits is sold on that “trial” basis, it is actually a full purchase through the Clickbank platform. A company that offer a full 60 day money back guarantee on most of the products sold through them. A fact that Luke Gunn conveniently fails to mention anywhere in the sales material.
What is the Rate of Return?
In terms of the profit potential for 5 Minute Profits, there is only really one claim that is made. And that is that between the start of January and the 22nd of the month, there has been a profit of £1,834.34 made to the recommended stakes. This number is backed up by the same questionable proofing that has been mentioned so far, but that is it really.
Conclusion for 5 Minute Profits
There is an element of 5 Minute Profits that I find to be quite good. However, the operative aspect of that statement is “an” element. You will note that this is singular, and that is because really, there is only one thing about this that I can say is in any way positive without adding a whole bunch of doubt immediately after it.
Here it comes… I think that the idea of pairing single bets with a treble is a pretty good idea under the right circumstances. There, I’ve said. There is one thing and exactly one thing about 5 Minute Profits that I think is good.
And with that out of the way, let’s talk about all of the things that are particularly questionable about the service. Starting with the one that in my book is the most poignant, which is the lack of evidence. Something that you can really apply to a huge number of elements when it comes to 5 Minute Profits.
First of all, there is the lack of information that exists around the selection process. Now, this is something that is generally somewhat commonplace with tipsters. They don’t like to share their selection processes (which I get), but when you have something that carries as much risk as 5 Minute Profits, then I don’t think it’s an unreasonable ask. Especially when you are so keen to slate other tipsters the way Luke Gunn does.
Secondly, the lack of proofing is dire. This suggests to me one of two options, neither of which is really a good one. The first option is that Luke Gunn ha simply chosen not to share any more extensive proofing for 5 Minute Profits than that questionable and small amount that he does share. Alternatively, this is a brand new system that has been launched without much in the way of comprehensive testing. Neither option would bode well.
As well as that, there is a very clear risk to 5 Minute Profits. I have demonstrated this already numerically. Now if 5 Minute Profits was actually smashing out a 40% strike rate week in and week out, it would be OK. But for my money, this isn’t ever realistically demonstrated as feasible. And as such, I find the idea of betting close to a full betting bank in a week just a bit… Well, it’s a bit much.
Finally, as if all of that isn’t enough, I want to highlight the fact that Luke Gunn does a very good job of failing to mention the 60 day money back guarantee. This is a bit of a suspect situation in my book. Whilst it could be a genuine mistake, the talk of a 30 day trial really leads me to believe that it isn’t.
As I’ve been writing this and considering all of the (many) faults with 5 Minute Profits, I just can’t see any redeeming features here. The profit is tempting, and believable (to a degree). But this is only to the degree whereby you might say “I can see that”. It isn’t believable in a way that can really demonstrate the ability to make money.
So, I would really look to give this one a miss. I can appreciate the fact that it isn’t too expensive. But as I’ve said before now about other products. If you aren’t paying a lot for a crappy tipster service, you are still paying for a crappy tipster service. And that is something that I will never recommend. However, in the case of 5 Minute Profits, it really seems to be what you are getting.