Banker Bets Over 1.5 is a new sports betting tipster service that is being offered by Banker Bets. The service aims to produce a profit through high strike rate football betting.
Introduction to Banker Bets Over 1.5
One of the worst kept secrets in betting in my opinion is that there isn’t much value in football. Especially if you’re talking about value in the sense of bigger odds. Generally speaking, if you see an offer for a bookie at longer odds, it’s usually because there are a huge number of ridiculous variables. So, how do you proceed? Well, one rather controversial opinion is to simple stop trying to get value and big odds. Something that is at odds with my general betting philosophy.
The thing is, it can be presumptuous to think that you know everything. In fact, it can ultimately be quite detrimental to your betting experience. As such, keeping an open mind can open the door to some really impressive services and systems. Banker Bets Over 1.5 may well be one of them. Put simply, Banker Bets are working on a service her that on the surface of things just doesn’t seem to lose. At least, not very often, and certainly not in the long term. But, that’s the dream right?
Here’s where Banker Bets Over 1.5 becomes quite interesting. You see, whilst all of that is undeniably important, there is one factor that is possibly more important than any other when it comes to betting. How much money can you make? And whilst I don’t believe that it is necessarily the be all and end all, it is still incredibly important. Unfortunately, this is also an area where I think that Banker Bets do start to fall down a little bit. So, this is a very mixed bag. The question is whether or not it is good enough to warrant a recommendation? Let’s see.
What Does Banker Bets Over 1.5 Offer?
Honestly, trying to write this review has been one of the more difficult things that I think I’ve had to do for some time. Not because it is objectively hard, but because it’s just a bit difficult knowing what to make of it all. On the surface of things, this is a very straightforward service. In fact, it is arguably the most simple football tipster service I’ve looked at for some time. And in a bit of a rarity, it may count against Banker Bets Over 1.5.
Ok, so let’s start at the beginning with this. First things first, this is not a daily service. Far from it. There are often quite extended periods between bets. This means that patience is an absolute must if you’re actually considering Banker Bets Over 1.5. But I have to give credit where it is due and say that Banker Bets are at least very aware of this.
In fact, in a recent email, John (of Banker Bets) said of yet another no bet day “I know it can be frustrating to not have any bets for a few days but the quality over quantity approach has served us very well to this point and I will never force bets I wouldn’t otherwise have made just out of boredom.”
So, not exactly the most exciting thing. The same can be said on the days where there are bets as well though. You see, whilst Banker Bets Over 1.5 can be quite high volume on certain days (usually over the weekends, as you’d probably expect), the types of bets you are placing are very basic. As is much of the management.
Banker Bets send out selections for Banker Bets Over 1.5 very early in the morning, on the day of a game. The information contained within the bets is all pretty reasonable, including advice on odds. These are usually pretty attainable if you are acting on the advice first thing, but I believe that it is definitely worth shopping around if you can (for reasons that will become very clear shortly).
Now, something that you do at least see from Banker Bets is an attempt to boost the number of bets by backing a very significant number of leagues. These range from the typical top flight European Leagues to International Football, and even some less expected football leagues. And as I’ve mentioned, on occasion, there can be quite a few of them. Sometimes as many as 5 bets in a given day.
Depending on what advice you are following, this can mean quite substantial stakes. You see, Banker Bets have two different measures for staking with Banker Bets Over 1.5, and they have quite different outcomes. The first approach is to simply bet to level stakes of 1 point per bet. A recommended bank of just 10 points is advised, and that is that.
Alternatively, a compounded staking plan can be used. This involves staking 10% of your betting bank on each bet. This is recalculated daily and despite some concerns about drawdown, this is probably the most sensible option for Banker Bets Over 1.5. Just a few relatively concurrent losses can take weeks to recover. Especially if you’re compounding. With that said, a longest winning streak of 18 bets demonstrates how rare these losses are.
And now, it’s time to address what is arguably the single biggest problem with Banker Bets Over 1.5. That is the odds. They are incredibly low, which is a big part of why I say it can be worth shopping around. With Banker Bets’ own proofing showing average odds of just 1.18, anything extra that you can squeeze out has the potential to drastically improve your profit. Just an extra 0.02 on the average odds means an extra 12% profit.
As you might expect from this, it does mean that in order to be profitable Banker Bets Over 1.5 has to win. A lot. And to be fully fair to Banker Bets, they achieve this. At the time of writing, the average strike rate for the service sits at 87.71%. A truly incredible number. Particularly for a service that involves a “backing” betting market.
How Does Banker Bets Over 1.5 Work?
I think that it’s very fair to say that selectivity is definitely at the centre of Banker Bets Over 1.5. This isn’t just evident in the numbers (although they are very transparent about this), but in the emails from John at Banker Bets… well, he’s pretty much said as much. However, what we aren’t told a huge amount about is what goes into being selective. Unfortunately, for my money, that is a little bit of a problem.
You see, in theory, most of the bets that John sends out through Banker Bets Over 1.5 are, what I would consider to be, very safe bets. Would you expect there to be more than 1.5 goals when Inter play Salernitana? Of course you would. That’s a free scoring teat at the top of the table playing a bottom table team who have conceded more goals than anybody else. But the same kind of thing can be said about other games, except they lost.
This means that whilst it is easy to chalk Banker Bets Over 1.5 up to simply being common sense picks (and I don’t think that is necessarily a million miles off, if I’m honest), I do feel like more is needed. The thing is, at the moment, it isn’t necessarily problematic. But at some point, you have to ask if there is actually any sort of rhyme or reason. Because when you lose, you can lose quite a lot. Especially if compounding.
There are two key mitigating factors in all of this however. First and foremost, John provides full proofing for Banker Bets Over 1.5. This shows you every bet that has been placed and allows you to get a very good idea of the ebb and flow of the service. Whilst I’d like to have seen more, you can at least say that you don’t come into it blind. The other mitigating factor I am about to jump into, but it is time sensitive.
What is the Initial Investment?
At the time of writing this, Banker Bets Over 1.5 is available for free. Banker Bets seem to be giving this a run out and this trial by fire approach is something that I always like to see from a tipster. There is no better way of proving that you can walk the walk than… well, walking the walk. This offer is only available until the end of February however, with the apparent intention to charge one this has passed.
Something that isn’t mentioned is what sort of money you will be paying out after this. If other Banker Bets products are anything to go by, I think that it’s pretty fair to hazard a guess that Banker Bets Over 1.5 will still be quite modestly priced. I should say though that this is entirely speculative on my behalf.
What is the Rate of Return?
Now let’s get down to the nitty gritty of Banker Bets Over 1.5 and talk about the balance sheets. Since September, this has seen a profit of £723 to level stakes. If you were compounding, this goes up to £1,080. Not bad, right? What about if I told you that the level stakes were to £100 bets though? All of a sudden, things don’t look quite as impressive.
You see, put into context, Banker Bets Over 1.5 has made a profit of just 7.23 points in almost 5 months. A point and a half per month, if I’m being generous. All of that amounts to an ROI of less than 5%. Whilst there is no correct way of measuring profit and loss, these numbers aren’t exactly great.
Conclusion for Banker Bets Over 1.5
Banker Bets Over 1.5 works. That feels like the best place to start with this. By every measurable standard, I feel like this performs. There is a profit. Whilst it might not be huge, it is still a profit. Banker Bets also demonstrate that it doesn’t just perform, but it performs well. We are after all looking at a tipster service that in 5 months has had just 22 losing bets. I’ve looked at some tipster services that have seen that in a week.
There are some truly momentous undertakings here and I think that John and the Banker Bets team should be commended. And I will go as far as to say that here and now, Banker Bets Over 1.5 is a complete no brainer. But then we come to the biggest conditional part of all this… that is based on it being free.
You see, taking 7 and a bit points of low risk profit isn’t a bad thing at all. But what about when the costs come into play? All of a sudden, things start to look a little bit less convincing. If you look at Banker Bets’s other services, they are charging £27 per month. So let’s use that as a jumping off point.
In order to break even at those costs, you would have to be staking about £20 per point. In order to have something that is reasonable and worthwhile, I am not even certain that £100 per point cuts it. Not when you also have to factor in subscription costs as well. And all of that becomes a lot of money.
Now, you could of course compound you stakes. That goes some way towards making Banker Bets Over 1.5 look more attractive. But with that comes additional cause for concern and other things that need considering.
Firstly, let’s talk about the increased risk. At the back end of December, Banker Bets Over 1.5 saw two losses that were close together. At that point, the stakes were at £186.84 per bet. Now, in the proofing, losing a bet doesn’t adjust your stakes downward. It took 6 bets (or about a week and a half) to recoup these losses.
What about if there is a particularly bad week? How long till you recover then? These aren’t flippant comments. Because you also have that element whereby, we aren’t actually told anything about the selection process. If Banker Bets Over 1.5 hits a bad run, how long might it last? What adjustments can be made to halt it? We’re blind to understanding any of that.
The other issue with compounding is one that is often overlooked. When do you enjoy your money? Looking at the period Banker Bets Over 1.5 has been active, you’d have made an extra £360 compounding your stakes. That isn’t to be sniffed at. The difference is, to level stakes, you could have withdrawn your £723, enjoyed it, and be no worse off. Normally, I think this is all manageable, but because the per bet returns are so low, you have to keep your money in there.
And now, I want to come full circle. Banker Bets Over 1.5 works. It is a tipster service that I think will make you a profit. There are just clear restrictions to how much they can be. Whilst it is free, it’s a no brainer. But I think that the costs will have to be very modest in order to really justify a purchase. So, whilst this is a good product, and I would recommend it here and now, there should be some serious consideration before shelling out.
