Algorithm Betting is a sports betting tipster service which is being operated by one Stephen Lewis. He claims that his selections are able to make substantial returns in very short space of times.
Introduction to Algorithm Betting
I have looked at a lot of tipster services in my time, I don’t think that I’ve ever looked at something which so clearly goes out of its way to obfuscate information. Honestly, I am not even slightly certain as to why though.
So with the fact that Stephen Lewis aims to avoid telling you anything, is Algorithm Betting any good? With a headline that reads “…Discover how I made over £2000+ last month, using an algorithm that the bookies can’t stop – and it’s TAX-FREE…” it seems like a clear winner.
With a healthy dose of cynicism in place, let’s have as good a look at Algorithm Betting as we possibly can given Stephen Lewis’s seemingly unnecessary secrecy.
What Does Algorithm Betting Offer?
There are two very distinctive elements that make up Algorithm Betting. The first of these is a tipster service. This is very much in line with what you would expect logistically and involves backing bets that Stephen Lewis advises via email.
You simply have to place the bets and let them run their course. There is however another element to Algorithm Betting and I believe that this is likely where the best money is to be made. Running alongside this is also a live betting service which allows you to bet in real time.
In terms of the tipster side of things, you are looking at a pretty straight forward football betting service. There are a few different bet types however as is the case with football, there doesn’t tend to be a whole lot of value to be had in the odds.
This isn’t something that is exclusive to Algorithm Betting however and doesn’t really count too much against it. The volume of bets is a mixed affair with the majority of football taking place over the weekends, however you can expect bets most days. The live betting is a much more dynamic environment and Stephen Lewis does provide a downloadable manual which should help you.
In terms of the staking plan, there can be some pretty big bets if you follow Stephen Lewis’s advice. For example, looking at the highly questionable “evidence” behind Algorithm Betting, you can see that bets have losing bets of more than £100.
These results are a long way from what I believe you can realistically expect on a regular basis.
Rather interestingly, and in contrast to the stakes that Stephen Lewis uses, we are told that you can get started with a “bare minimum” of £50. That seems like a very small number to me and presumably will not see that much in the way of profits.
I t will come as no surprise whatsoever to learn that there is no proofing in place for Algorithm Betting. Furthermore, Stephen Lewis doesn’t provide any kind of information vis a vis a strike rate.
Because of this, it is very difficult trying to work out how often you should win if you are following the service. Looking at what little evidence we are provided with, you could well be forgiven for thinking that you would win frequently. These examples are clearly choice selections however and I would not take them as typical results at all. Being entirely realistic, I don’t expect a whole lot from Algorithm Betting in this regard.
How Does Algorithm Betting Work?
You can probably already figure out where I’m going with this by now. Algorithm Betting has almost no information when it comes to what the selection process entails. For me, this is massively concerning as there can be a large number of bets that are issued.
In a 2 day period, there is a screenshot which shows 33 bets placed at a variety of stakes. Honestly, it is a lot to ask of people to blindly follow advice and yet, that seems to be what is happening with Algorithm Betting.
I have always said that nobody should be expected to give away something for nothing. If you have spent time and money developing a betting system, why should you give it away for free? What you should expect to do however is to provide people with enough evidence or information that they can make an informed decision. Algorithm Betting does not do this and it is very disappointing. It is also one of the biggest flaws with the service.
What is the Initial Investment?
There are three different options if you want to sign up for Algorithm Betting. The first of these is a “monthly subscription” which is priced at £19. It is worth noting however that this “subscription” is none recurring. There Stephen Lewis also offers a quarterly option for Algorithm Betting which is priced at £39. Finally, there is a 1 year “subscription” which is priced at £69.
It is important to note that there is a full 60 day money back guarantee in place for Algorithm Betting as the service is sold through Clickbank.
What is the Rate of Return?
There are a few different numbers thrown around in terms of the income potential for Algorithm Betting. Even within the headlines we are told that you can earn “as much as £78 a DAY” as well as a claim that Stephen Lewis “made over £2000+ last month”.
Elsewhere, the evidence for the service shows profits of more than £300 in 28 hours, over £500 in 48 hours and £300 being made in 25 hours. Realistically, I am not certain what I make of these results though. There is simply no getting around the fact that these have been cherrypicked and I am very doubtful about the consistency of these results.
Conclusion on Algorithm Betting
There isn’t a lot on the market that is like Algorithm Betting and that is something that immediately helps it to stand out. The question that definitely needs to be raised however is whether or not different equates to good. That is a much more difficult thing to answer and I am really not certain here.
One of my biggest problems when it comes to Algorithm Betting is something that I say over and over again and that is that I would like to see much more evidence of tips working. Stephen Lewis offers live trading. Some video footage showing those trades being placed and making money would go a long way.
Instead, we are treated to some massively blurred out screenshots, so much so that they do more to harm the credibility of Algorithm Betting than aid it in my opinion. Algorithm Betting is supposedly profitable purely through the tips side of things as well, so I would love to see some proofing. Instead, there are results for just one day.
I wouldn’t like to say that this has definitely been chosen as it was the only profitable day, but the fact that there aren’t any other bets suggests that it may be a factor.
Honestly, I am not sold on Algorithm Betting.
The lack of evidence is one of the main reasons for this, as is the fact that the vendor who is actually selling the product through Clickbank made their name selling a Forex product a number of years ago. Whilst there is a possibility that this has translated into a football betting service, I don’t think that Stephen Lewis does enough to convince me that this is above board.
With all of that having been said, Algorithm Betting is not expensive. It also comes with a 60 day money back guarantee. Personally, it wouldn’t be for me. I prefer to commit to things that I believe will work first time rather than taking wild risks.
For those who are able to put time into the live trading and perhaps don’t mind “taking a punt”, Algorithm Betting might be worth a look. I am however less inclined to frivolity when it comes to investing capital.