Bank to 5k is a new to market sports betting tipster service which is operated by Daniel James. He claims that his selections will allow you to turn a very modest betting bank into £5,000.
Introduction to Bank to 5k
I have looked at a lot of tipster services that make claims that aren’t dissimilar to those that Daniel James makes. Start with a small betting bank, and with a strict plan, you can have a substantial sum of money at the end.
It sounds so simple (don’t they always…) and I would love to say that I believe that these services can work, however in my experience, they end up in a position whereby subscribers have usually lost their initial investments quite quickly.
None the less, this is an ideal that I can get behind. So, I would like to introduce you todays subject, Bank to 5k.
There are some bold claims made, and whilst I will admit to engaging with Daniel James’s offering in a somewhat cynical outlook, I am keen to see whether or not this can deliver.
What Does Bank to 5k Offer?
So, what exactly do you get when you sign up for Bank to 5k? You would be forgiven for thinking that given the approach that the sales material has, you were getting something new or revolutionary.
Unfortunately, this isn’t really the case. Logistically, this is the usual affair wherein selections are emailed directly to subscribers. Daniel James says in the sales material that you can expect to receive these each morning. We are also told that the emails contain “all the necessary information you will require”.
There is definitely some truth to this, however I have questions about whether Bank to 5k is too spartan with information.
In terms of the bets themselves, there isn’t anything different here either from what I have seen. It looks like you will predominantly be dealing with very straightforward betting with Daniel James not really deviating into some of the more interesting and exotic football betting markets.
The odds represent a reasonable range with some middling to long shots in the mix, however by and large there aren’t really any massive risky bets. The volume of bets is all relatively low as well which does do something for the longer term feasibility of Bank to 5k, especially when you factor in that there is a lot of potential variance of the service.
Next I want to talk about the staking plan that is in place for Bank to 5k. It should go without saying that if you actually want to try and take £100 to £5,000 in any period of time then staking is crucial.
Now, this is all hush hushed in the sales material with Daniel James stating “The *Secret* is all in the staking…”.
With this in mind, I am not particularly inclined to go into any detail about this. Whatever I may think of a service (and I will always be honest), I also don’t think that it is fair to give away anything that may infringe on others, however it will be taken into consideration for both Bank to 5k and other reviews.
Lastly, I want to talk about something that I also consider to be very important with products like Bank to 5k which is the strike rate. I know that I always include this information where I can, but because you have a very limited bank, it is important that you understand what kind of management is involved in this regard.
To cut a long story short, Daniel James doesn’t provide any claims referring to the strike rate for the service .Furthermore, there is no proofing or anything of this ilk that could be used to calculate a figure for Bank to 5k.
How Does Bank to 5k Work?
There are certain patterns that are starting to emerge surround Bank to 5k in my opinion. One of these is a very distinctive lack of information and that applies very much in terms of how the service works. Now, there is an obvious element here which is apparent in the title of the service and the core premise.
You take a small betting bank and with an aggressive staking plan, you are in a position to turn this into some quite large profits. This isn’t enough information in and of itself for me though.
Here is the way I look at it. Daniel James asks you to pay a not inconsiderable sum of money in order to access Bank to 5k. For this, you are told simply that the profit is all but guaranteed (or at least, that seems to be the implied narrative across the sales material), and that is that.
There is no information on the selection process, something which I find hugely frustrating as it stops potential clientele from making an informed decision. Nor is there any proofing for the last period where Bank to 5k supposedly ran, something which also seems to serve mostly to obfuscate information.
What is the Initial Investment?
There is just one option that is available for those who wish to sign up for Bank to 5k. Daniel James is asking a one time payment of £39 in order to receive selections. This costing will provide you with selections right up until a cycle is complete.
This means taking your bank to the advertised profits. There are a number of problems that I have with this that I want to pick up a little later. It is worth noting that there is a 60 day money back guarantee in place for Bank to 5k, something which is well advertised in the sales material.
What is the Rate of Return?
I have already mentioned this a number of times, and it is also right there in the name of the service. The main selling point behind Bank to 5k is that you can expect to see £5,000 as returns. Given that you are told that you need just £100 in order to get started. This means that effectively, you should be see a profit of £4,900 in a given cycle.
Conclusion on the Bank to 5k Service
Where do you start with something like Bank to 5k? Honestly, there are a lot of niggling little things that stand out to me and they seriously make me question how there is any way that the a relatively straight forward concept can actually be executed.
For example, you are told by Daniel James in the sales material that the service can be used with any bookies. Now, I know that by and large, odds don’t differ too much from one bookmaker to the next, but actually, over the course of the number of bets required to turn the claimed profit, these little differences would add up.
Further to this, there is the fact that there is almost nothing tangible in terms of evidence to back up Daniel James’s claims for Bank to 5k. A look through the sales page demonstrates a few highly questionable screenshots of testimonials.
We are also shown some worryingly trimmed down screenshots of a profit and loss record showing how he has completed the cycle so many times before now (3 to be specific), all typically within 60 days. In spite of these bold claims of profit, as mentioned, there is no proofing for the results at all, a fact that is disappointing given that records have seemingly been kept somewhere.
Truthfully, and I have already touched upon this, there isn’t a whole lot of anything when it comes to Bank to 5k. You have a sales page, and you have an attractive sounding package and that is about as far as it seems to go.
I have mentioned the fact that historically, I don’t believe that I have ever seen a tipster service that uses the same format as Daniel James has here that is able to deliver on the claims that it makes. This leads me to believe that there will be a lot of overlap here. As such, it means that even a reasonably low cost doesn’t make up for the lack of value here.
There are a lot of products online that aim to make money through betting. Some are clearly much better than others and are able to demonstrate why you should believe what the vendor says.
This evidence is so strongly lacking with Bank to 5k that I just can’t bring myself to buy into it. I could talk a lot more about my concerns surrounding this, but I will wrap up here by saying that I just don’t see this as being a viable revenue stream.