Best E Offer Review – BetFan

Best E Offer is a new to market horse racing tipster service which is being offered through the Betfan stable of tipsters. It is somewhat uniquely positioned as it looks at horse racing from around the world.

Introduction to Best E Offer

I think it’s fair to say that the whole Covid 19 thing has taught us a hell of a lot. Especially in terms of betting and our perspective on things. I don’t think it’s unreasonable to say nobody ever though sport would really change. The Olympics happen every 4 years, Aintree hosts the Grand National every year, and Cristiano Ronaldo will continue to defy age. But everything was made different, and that had a huge impact on how we bet. Including the desire to diversify how you bet.

At the time, there was a deluge of products looking at alternative sports and horse racing where it was available. Namely, you saw services looking at the US and Australia. Now these are the same countries that the subject of todays review Best E Offer looks at. It also looks at UK, New Zealand, and Japanese horse racing. This is all pretty unique, but if I’m honest, given the involvement of Betfan, I’m not all that surprised either.

Here’s the thing. Betfan have been around for a very long time. And they have had a lot of services in that time. And as such, something like Best E Offer that almost seems like it’s there to capitalise on these recent events isn’t completely out of left field. But with that said, the service does appear to have produced a solid profit, albeit off the back of mixed results. Does this mean it’s worth a look? Let’s jump in and see.  

What Does Best E Offer Offer?

When it comes to tipster services from Betfan, there are always plenty of things that you can expect. Something that is in no small part down to the fact that they are one of the largest tipster stables in the UK. And as such, their ability to manage a service is generally at the highest level (not that this means they are beyond reproach).

So, what does all of this mean for Best E Offer exactly? Well, the short answer is that you are ultimately signing up for a pretty straight forward tipster experience. Not that this is a bad thing, so long as the service itself is actually of a decent enough standard. And it is again something that is very much in line with what you might expect.

First things first, this does seem to be a daily tipster service. Looking through the proofing and based off what I’ve seen, Best E Offer doesn’t miss a day (not that I’m discounting the possibility that this may not always be the case). In and of itself, this isn’t a controversial thing. There are plenty of tipsters that provide tips daily. But for a number of reasons (that I will come to over the course of this review), I find it to be a cause for concern.

In terms of how selections are sent out, they are as you would expect issued directly via email. But this is only one way of receiving them. Betfan also make the tips available on a member’s area on their website, as well as having an app. Now you could easily expect this latter option to be the best way to receive selections (and it should be, if it works), but honestly, the reviews are very mixed. As such, you may want to consider relying on email if you are following Best E Offer.

Moving on to the bets themselves, it is hard to overlook the fact that Best E Offer is a horse racing tipster service. The fact of the matter is that there just isn’t a whole lot in the way of variety here, although tips are advised as each way and straight win bets. But that is about all that can be expected. As such, I wouldn’t say that this is a criticism of what Betfan are doing, so much as managing expectations for the service.

Now where things do become more interesting is in the variety of countries that Best E Offer looks at. There is plenty of betting on UK horse racing, but that isn’t the interesting part. Where this really opens itself up as being different is the diversity. Betfan talk about how you can also expect to receive selections for Aussie, New Zealand, and Japanese horse racing. That for me is the key selling point here.

Sticking with the topic of bets, there is a wide range of odds that you will see. Generally speaking, you will be betting starting from 2.50 mark going as high as around 10.00. There are however some much bigger bets advised through Best E Offer. These can easily surpass 15.00 and without looking too hard, I can see selections at 31.00 and even 61.00.

Finally, we come to the numbers side of things. And it is where Best E Offer takes a bit of a turn for the worse. Firstly, I want to talk stakes. Almost all bets that are advised are to level stakes of 5 points per bet (with some long shots advised at 3 points per bet). That starts to add up. Especially because Betfan’s proofing shows a service that can be very high volume.

For example, the last day of September saw 15 bets. At those 5 point stakes, that means a draw-down of 85 points. In just one day, that starts to carry significant risk for Best E Offer in my book. Especially because of the strike rates that are involved. In order to counter this, a bankroll of 500 points is recommended.

You see, it is noteworthy to me that Betfan don’t make any specific claims in this regard. However, I have taken the liberty of looking at the last couple of months. In September Best E Offer had a strike rate of 22.4%. Meanwhile, for August, the number came in at 25.78%. These aren’t bad numbers, but it I feel like it’s quite a big ask to combine them with such large stakes.

How Does Best E Offer Work?

One of the things that I do think is rather frustrating about Best E Offer is the fact that there is no real information about what Best E Offer entails. In many respects, I can’t really say that I’m surprised. Betfan aren’t generally well particularly well known for providing information on what this entails. And if I’m honest, that is a bit of a problem here.

The fact of the matter is that as I’ve said a number of times before now, I don’t necessarily expect a comprehensive breakdown of the selection process. What I would like though is enough information to be able to make an informed decision about what you are getting into. And that just isn’t really an option here.

The unfortunate fact of the matter is that I would have really like to have seen something in this regard. I am really quite keen to understand how a tipster can find selections consistently for 4 different countries like this. Just a little bit of insight would have elevated Best E Offer, but unfortunately, it mostly boils down to simply taking the word of Betfan that the tipster knows something.

This is of course somewhat mitigated by the fact that there is a decent amount of proofing. At the very least, you can get an idea of the ebb and flow here (namely that you can generally expect to lose a fair amount before seemingly quite big wins elevate your betting bank). It isn’t a replacement for genuine insight, but I do trust Betfan’s proofing and it is at least more than some services may offer.

What is the Initial Investment?

If you want to sign up for Best E Offer there are a lot of different options that are available. And each of them comes with wildly varying value. The cheapest option is a weekly subscription which is priced at £7 (plus VAT). The next option is the (in my opinion) misnomer that is a “monthly” subscription. This is priced at £21 (plus VAT) however, it is billed every 28 days. This means you will pay out 13 times per year.

The next option is a quarterly subscription which costs £59 (plus VAT) which gives you 90 days of access to Best E Offer. And finally, the best value option Betfan have is a 6 monthly subscription. This is priced at £100 (again, plus VAT) which is also by far and away the biggest outlay.

It is noteworthy that as is the case with all products from Betfan, there isn’t really any refund period with Best E Offer. They don’t typically offer a money back guarantee on any of their products and this is the same.

What is the Rate of Return?

I will openly admit that one of the things that looks appealing at a glance with Best E Offer are the profits. We’re talking about 404.91 points since April. Now the reason that I say at a glance, is because you also have to really factor in those stakes. If you were to back this without those 5 point stakes Betfan advise, you’d be looking at a much more modest profit of just 80.98 points.

Now that isn’t to say that you’re still going to do badly. Even to 1 point bets, Best E Offer would stand at some 16 points of profit per month on average. That really isn’t bad going. However, it is also important to point out that this isn’t the full story. Since July, Best E Offer has made a profit of just 71 points using those 5 point stakes (14.2 points to 1 point stakes). This is after a massive increase in profit that included recovering from being in the red.  

Conclusion for Best E Offer

Look, I don’t think that Best E Offer is a bad service. The profits aren’t terrible, but I do think it’s important to keep them in context. Here’s the thing. As I touched upon, in its first month, Best E Offer went into the red by 50 points. It then ended up at a modest 23 point profit. Before skyrocketing to 333.15 points. So far, so good. But since then, you’ve seen that very modest increase. Keep in mind, all of this comes from Betfan themselves.

But what does all of this tell us? Well, the short answer is that there is a strong lack of consistency here. And that will ultimately prove to be the biggest problem with Best E Offer for me. If you signed up today, what are you going to be getting? Hundreds of points of profit? A losing month? Just about making enough to cover the month’s subs?

And on top of that, you’re potentially staking close to a fifth of your betting bank each day. Honestly, it all comes down to the idea of risk. Which is a shame, because there are elements of this that I really wanted to like.

I think that the general approach of the service is very good. I like the idea of diversifying your betting. This year, more than any other, has shown us the risk of putting all of your eggs in one basket. The fact is that betting on so many nations horse racing simply means that Best E Offer is a more robust product.

But none of that really matters if you’re taking on a seemingly quite substantial risk every single month. And that isn’t something that I’m necessarily comfortable with. Don’t get me wrong, I’m not daft. I know that risk is a part of any betting service. And if you’re happy to take on what Betfan are selling here, then I’d understand why.

The thing is in my opinion consistency is very important. And as such, I don’t think that I could recommend Best E Offer as it currently is. With that said, I wouldn’t entirely dismiss it either. The fact is that there is clearly some potential here (so long as you are willing to deal with the staking plan). But I’d like to see how this plays out over the next few months.

Truthfully, you aren’t dealing with a very large sample size here. And there are undoubtedly elements of Best E Offer that were affected by Covid-19. In 3 months time, I think you’ll be able to get a much better picture of what to expect in the future. Are there going to be more big months? Will the profits just slowly but continually climb?

I am generally prudent, but I’d rather wait for the answers to these kinds of questions rather than jump straight in and spend a decent chunk of cash, only to be disappointed.

 

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From: Simon Roberts