Bet Bot/AI Bets (the names appear to be used interchangeably in the sales material for the service) is horse racing tipster service which has very recently been launched. It is operated by Mark Walk and makes some incredible claims in terms of what you can expect from the service.
Introduction to Bet Bot/AI Bets
It isn’t very often that I see something like Bet Bot/AI Bets. I want to make it perfectly clear that this doesn’t refer to the service itself. I have seen many tipster services like it, and I will pick that point up a little later on.
But I don’t think I’ve ever seen such an assault on the senses in terms of general presentation and more specifically, the never ending stream of headlines.
“BREAKING: A New Betting AI is Terrifying the Bookies, as Punters Makeup to £3,000 Per Week from Horse Racing!” which is immediately followed by “New Artificial Intelligence is Changing the Face of Betting Whilst Leaving ‘Old School’ Tipsters in the Stone Age.” Which is then followed by yet another example which reads “See How One Super AI, Dubbed the ‘Bet-Bot’, Made £134,097 From Horse Racing in Just One Year!”. Mark Walk certainly knows how to push an agenda, but does he have a good enough product to do it?
What Does Bet Bot/AI Bets Offer?
We have quite comfortably established by now what Mark Walk is fundamentally claiming to be able to offer with Bet Bot/AI Bets. By all accounts, his tipster service is unlike anything that has come before, and seemingly, will ever come again. In spite of this, there are a lot of elements that are disappointingly “typical”. Bet Bot/AI Bets is a daily tipster service with selections being sent out via email, usually the morning of a race.
There isn’t inherently anything wrong with this and a huge amount of tipsters follow the same structure. What is worth nothing however is that the quality of these emails is very much lacking with only minimal information provided.
In terms of the bets themselves, given the extent of genius that the AI behind Bet Bot/AI Bets supposedly has, you would potentially expect there to be some kind of variance as different betting markets are exploited in order to maximise profits. Especially when you look at the claims that Mark Walk makes about it.
Unfortunately, you are getting the same typical “straight win” selections that you see from so many tipster services that seem to come and go. The volume of bets is around 3 bets per day on average, and whilst these are at a moderate range of odds, Bet Bot/AI Bets doesn’t seem to advise anything that is particularly controversial.
Staking wise, it will probably come as no surprise to learn that whilst Bet Bot/AI Bets is supposedly this brilliant piece of AI, it and Mark Walk haven’t apparently come up with any sort of tangible staking plan.
Realistically, I would imagine that you would be best betting to level stakes and even then it would just be 1 point per bet. Once again, there is no betting bank advised, but based off what I have seen, you would need a minimum of 150 points if you wanted to follow Bet Bot/AI Bets long term.
Finally, I want to touch on the strike rate. There is definitely a claim that is made by Mark Walk. He says that Bet Bot/AI Bets has an accuracy rate of around 87%. This is quite contrary to the (frankly, laughable) proofing that is provided where the average strike rate comes out at 85%.
This is a minor discrepancy, but given a large number of concerns that I have about Bet Bot/AI Bets (that I will address), I think that it is more than reasonable to raise this as a point. In fact, on the “proofing” that is provided, in 6 months, Mark Walk demonstrates himself that the service has only had a strike rate in excess of 87% once.
How Does Bet Bot/AI Bets Work?
Obviously, Bet Bot/AI Bets is supposedly based on a piece of AI. Frankly, Mark Walk doesn’t ever seem to stop mentioning it. What is interesting is the narrative behind it. The AI was “accidentally” created in 2017 in Shanghai, by a developer who was working for the Chinese Military. They considered it defective and offered it for sale to international buyers where it was purchased by Stephen Moore, a British Billionaire who according to Google, doesn’t seem to exist.
This Billionaire assembled a team of programmers who fine tuned the AI’s programming until “it was recognized that Bet-Bot was particularly suited to betting”. This AI now makes its selections by looking at subtleties in a race which a regular computer would apparently miss, for example, “subtle behavioural changes or fluctuations in mood of a horse or jockey”.
This information is then combined with “human intuition” in order to identify winners. These selections are ultimately what are sent out to Bet Bot/AI Bets subscribers.
What is the Initial Investment?
According to Mark Walk, the plan is to start selling memberships for Bet Bot/AI Bets at a cost of “£300,or more…”, however, at the time of writing, we are being invited to buy into the service for a substantially reduced rate of £29.99 plus VAT.
It is worth noting that this is a one time payment with Mark Walk saying that you needn’t worry about repeat costs or subscription fees. There are however just 20 sots supposedly available for this, after which you will have to pay £99.99. Once again, I feel it is important to highlight the discrepancy in terms of price here.
Bet Bot/AI Bets does come with a full 60 day money back guarantee if you find that the service isn’t for you. This is offered on the standard Clickbank terms and conditions.
What is the Rate of Return?
As I have mentioned in the headlines, for Bet Bot/AI Bets, you can supposedly expect to see an income generated of £134,097 in a year. Elsewhere in the sales material, we are told that testers consistently earned in excess of £11,000 per month (peaking at £11,987.02 in June).
There are also testimonials in the sales material that claim to have made “more than £90,000” and £58,098 in 5 months of betting with Bet Bot/AI Bets. It is worth returning to the point hat none of these claims are backed up by any sort of real evidence.
Conclusion on Bet Bot/AI Bets
If there is one thing that I can say about internet marketers, it’s that they love a good yarn. Not all, obviously, but a strong narrative can really help to sell a product. In the case of Bet Bot/AI Bets, Mark Walk has put together one hell of an example, carrying more of the hallmarks that I would expect from some kind of financial thriller novel than a tipster service. And ultimately, that is not something that I can see in a good light.
The story of Bet Bot/AI Bets is ridiculously far fetched and comes with absolutely no evidence to back it up. This is a recurring theme on a number of elements.
Are the Chinese Military working on artificial intelligence? I don’t claim to be an expert, but I wouldn’t be surprised in the slightest to find out that it is. Are they farming out their attempts to non-existent billionaires who can then turn it to betting? That seems to be very unlikely (and not just because you can’t sell something to someone who doesn’t exist). But what all of that does particularly well is sound very impressive if you don’t really stop to think about it.
There are other elements that don’t really make sense to me either. Given that the AI that is behind Bet Bot/AI Bets is so good, why do you need the human touch that Mark Walk is so keen to talk about? I know that it’s not quite as black and white as I’m going to make it in my next statement, but I don’t think that I’m better than an AI at something that it has exclusively been developed to work with.
So, what exactly is this “human touch” for? Mark Walk doesn’t ever explain it, and once again, I am forced back to that cynical position of it simply being marketing BS. It just sounds better if perhaps you’re a bit old school and don’t necessarily trust technology etc.
All of this doesn’t exactly bode well, if I’m blunt. Nor, not surprisingly, do the results. Sure, £11,000 per month sounds great on paper, but as I have already highlighted, there isn’t really anything backing this claim up.
Furthermore, the lack of any real staking plan casts a lot of quite reasonable doubt on these numbers in my opinion. As I have often highlighted with products that have similar income claims to Bet Bot/AI Bets, £11,000 per month could be 11 points to £1,000 stakes, or it could be 110 points per month at £10 stakes. One of these numbers is impressive, the other not so much really.
The long and short of all of this, is that Bet Bot/AI Bets is very definitely one of the more questionable tipster services that I have looked at for some time. This is a service that seems to be all about selling you an idea rather than demonstrating that it works. That is a pretty substantial problem for me.
From what I have seen, it isn’t even like Mark Walk comes close to delivering on the claims that are made. With all of this in mind, I wouldn’t be inclined to recommend Bet Bot/AI Bets at all. This is a service that has a very decent looking sales pitch, but not surprisingly, it doesn’t hold up to scrutiny. Realistically, if you choose to follow this, I can only see you losing money.