Bet Alchemist is a horse racing tipster service from Nicky Doyle. Selections are provided for all kinds of races with an emphasis on big races and events.
What does the product offer?
Bet Alchemist offers users selections when available which appear to be somewhat sporadic when compared to some services, although this also seems to be a big part of Nicky Doyle’s strategy. That having been said there is an average of 6-12 races per week. Bet Alchemist selections, as mentioned, cover all kinds of races from flat to all-weather to national hunt. Using the figures that Nicky Doyle provides, Bet Alchemist has a strike rate of 50.21% with average odds produced of “almost 7/1”.
How does the product work?
This is one area that Nicky Doyle is happy to talk about and essentially the selection process for Bet Alchemist comes from extensive studying of statistics and form. In fact he claims that he has extensively studied form, got to know the horses, trainers and jockeys that he bets on and finally spot when horses have been primed for a “big pay day race”.
What is the initial investment?
Bet Alchemist is a subscription based service and will cost you £30 per month or £79 per quarter. Whichever option you choose to sign up for, your first month will only cost you £15. To top this off, Bet Alchemist also comes with a full 60 day money back guarantee courtesy of ClickBank.
What is the rate of return?
Between 2008 and 2013 Nicky Doyle claims that Bet Alchemist has made 848.97 points of profit. Unfortunately there isn’t really any proofing of this. More recently, Bet Alchemist made 116.49 points of profit last year and is now standing at around 107.99 points of profit for 2014 so far.
Conclusion
There is a lot of claimed history in terms of Bet Alchemist and this is a great thing, assuming that the results are genuine. There is no real proofing which is something of a concern, although I don’t find it to be a deal breaker because of the 60 day money back guarantee and trial price. This allows a month of testing for £15 which you can claim back if paper trading hasn’t worked out for you.
