Bet-Bot Review

Bet-Bot is a ne to market horse racing tipster service that is being offered courtesy of one Mark Walk. He claims that his AI based approach to betting will allow you to take home some huge profits.

Introduction to Bet-Bot

The future is very much now, and nowhere is this more apparent than in betting. Putting aside the prevalence of online betting, the utilisation of betting exchanges, and even software that will bet for you under certain circumstances. All of this has also changed how tipsters operate. I think it’s fair to say that the days of a nod and a wink from an owner are, whilst a long way from over, on the wane. Instead, most of the successful tipsters that I have seen are using technology to gain an edge over the bookies.

Something that there has been a bit of a trend towards recently is the (claimed) use of artificial intelligence to find bets. Now this doesn’t mean that you have cyborgs working away. Instead, you have very clever pieces of software that have been created with the intent of finding decent bets. This approach can definitely work. All of this is very important to establish in my mind, because Mark Walk makes some very bold claims about what Bet-Bot is actually capable of.

So, what are we actually talking about here? Well, very low risk, huge profits, and a narrative that sounds like something out of a bad thriller. But let’s be honest here. Does that last one really matter if Bet-Bot can deliver on the claims made? Honestly, even if Mark Walk were simply delivering a quarter of the claims made, it would still be a huge step forward for betting for punters. But I’ll be very frank. I have a lot of questions about this, and I’m not entirely convinced that it is capable of delivering… Well, anything. 

What Does Bet-Bot Offer?

To look at the sales material for Bet-Bot unquestioningly, this is the single biggest development in betting. A daily tipster service that “Combines the Mathematical Abilities of a Super Computer with ‘Human Like’ Observational Skills for Race Tips that Cannot be Beaten”. But let’s be honest, that is exactly the kind of nonsense statement that doesn’t actually mean anything.

The reality of what you are getting into with this, at least at a user end, is a very straight forward horse racing tipster service. Despite the claims that are made about how revolutionary this is, Mark Walk doesn’t do anything that I haven’t seen a hundred times before. Especially in terms of the logistics.

What do I mean by this? Well, each day, selections are sent out to Bet-Bot subscribers directly via email. These usually land later morning on the day of racing. Unfortunately, there isn’t a huge amount of information that comes in these emails. You get the bare essentials that you need in order to get the bets placed, and well… That’s about it really. Which is disappointing given that this is supposedly an AI Fuelled super betting system.

Importantly, you don’t get a whole lot of advice on odds. The sales material simply says that you just have to “place those bets, online or at your local bookies”. Which is interesting to me because I’d expect the odds to be something that the software behind Bet-Bot factors in. I know that comparing bookies odds is how most tipsters find value. This is a little concerning.

Now for my money, I would look to take full advantage of an odds comparison site here. The fact of the matter is that based off what I have seen so far, you aren’t really dealing with those big odds horses. Instead, Bet-Bot is very middle of the road. And since I also don’t believe that you will win nearly as often as is claimed (a not unfounded claim, but I’ll come back to this a little later), you should at the very least be maximising your potential returns.

Whilst we’re talking about the bets, there isn’t really a single thing about Bet-Bot that stands out to me. There is nothing here that suggests that there is anything going on behind the scenes that is producing anything special. And what is interesting about this is that this in and of itself stands out to me. You can usually see something to what a tipster is doing when you look at their bets, but Mark Walk doesn’t give anything. It is distinctly middle of the road.

You get a few tips every day. Realistically, they are at very modest and moderate odds. They are all straight win bets. There is nothing here that suggests that… Well, anything is going on with Bet-Bot behind the scenes. Which is something incredibly poignant when you consider the fact that there is supposedly so much going on behind the scenes.

Continuing with that theme of a disconcerting lack of information, let’s talk about the staking plan that is in place. Or rather… Let’s talk about the lack of a staking plan that is in place. Mark Walk gives you no real advice on how much you should be staking if you want to produce the results that he claims for Bet-Bot. A point that is honestly quite telling about a lot of things.

For my money, I would want to have a decent betting bank in place for Bet-Bot. The unfortunate truth is that whilst Mark Walk claims a strike rate of around 87% for the service, what I have seen isn’t in line with this at all. As such, I would fully anticipate there being some pretty substantial drawdown.  

With that in mind, whilst Mark Walk doesn’t actually make any recommendations on a betting bank, I would want something substantial. Honestly, I think that I’d probably want to have at least 100 points if I were going to try and follow Bet-Bot. But frankly, I’d probably come into this expecting to lose money.

How Does Bet-Bot Work?

At the start of this review I talked about how there is a narrative that makes it sound like a cheap thriller. This is something that is fundamentally reflected in how Bet-Bot supposedly works. You see, we are told that the AI Bot behind the service was accidentally created in Shanghai, in 2019, by a developer working for the Chinese military. Now, I don’t know how an AI Bot is “accidentally created”, but I’ll come back to this.

From here, we are told that the software was offered to international buyers and was bought by “British tech billionaire, Stephen Moore”. A person who doesn’t seem to exist. From here, we are told (to cut a long story short) the AI was programmed to identify horse racing bets. This was supposedly done as it was “particularly suited to betting”.

Furthermore, Mark Walk says that the software behind Bet-Bot is “artificial human intelligence” meaning that it can “notice subtle behavioral [sic] changes or fluctuations in mood of a horse or jockey and adjust its predictions accordingly”. Which of course, as anybody who understands how AI works will tell you, isn’t really something that is measurable as they are subjective, non-tangible elements.

I’ll concede that if you just blindly buy into the claims Mark Walk makes, it all sounds very impressive. But so does a Tom Clancy novel, and those aren’t real. The real underlying concern that I have here is that there isn’t actually any evidence whatsoever that Bet-Bot does any of what it is claimed to do.

What is the Initial Investment?

According to Mark Walk, the end goal is to start selling memberships for Bet-Bot at a cost of “£300,or more…”. Because it has “only just hit the mainstream market” though, access is available for the substantially reduced rate of £29.99 plus VAT, a one time payment. This is however limited to just 20 slots, after which you will have to pay £99.99. Something that I am highly doubtful of.

If you do choose to sign up to Bet-Bot, there is a full 60 day money back guarantee in place. This is backed up by the fact that Mark Walk is selling the service through Clickbank. And to his credit (not that there is much to credit with this service), this is at least well advertised in the sales material for the service. 

What is the Rate of Return?

“With Bet-Bot, you’ll make a minimum of £130,000 this year from horse racing”. That is a direct quote taken from the sales material for the service. A number that is seemingly backed up by claims that you can make “£11,000 – £12,000” per month. And of course, Mark Walk provides smatterings of figures that are all in line with this through the sales material.

Here’s the thing that I want to come back to though. What stakes are involved to achieve this? All of the income potential for Bet-Bot is in pounds and pence, but that doesn’t really count for much of anything really. £130,000 per year could be 13,000 points of profit to £10 stakes or 130 points to £1,000 stakes. And probably not surprisingly, this isn’t ever actually contextualised.

Conclusion for Bet-Bot

I’m going to shoot straight from the hip with this. It has been a hell of a long time since I’ve looked at a tipster service that has so many questions hanging over it. It feels like somebody has searched for AI, introduced a load of buzzwords, and gone to town word vomiting them all over a piece of sales material. Because there is so much here that is just blatant crap.

Now, I am not going to spend my conclusion picking apart all of the reasons that the claims of what the AI can do are rubbish. Frankly, I don’t have the time to do so. But here’s what I will say. Everything that Mark Walk claims about the service feels to me like it has been carefully curated to sound appealing to those who don’t understand the subject. What I mean by this is that the marketing for Bet-Bot specifically appeals to those who don’t necessarily know better.

That isn’t a great start for things really. When your whole premise is based around unproven misinformation, that is not a solid foundation for a tipster service at all. And then of course there are all the other problems here. Quotes from newspapers that are demonstrably false. The fact that there is a “£130,000 minimum” profit, but last year the software only just cleared this offering zero guarantee of it as a minimum.

Then of course there remains that question of how much you’re supposed to bet to reach this minimum. Or why the only piece of Mark Walk’s (highly questionable) evidence is a screenshot of this whole sum of £134,097.21 in a William Hill betting account. Let me tell you, if you had an 87% strike rate you wouldn’t even have the chance to make more than a few grand before your account was closed. Never mind 6 figures.

And heres’ the thing. Not a single bit of any of this surprises me. When I see a tipster service that is so clearly questionable, I always like to do my homework. I like to really dig around, and it comes as no surprise to me that the vendor who is actually selling Bet-Bot is well known to me for all of the wrong reasons. They have a strong history of putting out highly questionable services that simply don’t perform and are quietly taken of the market at a later date.

Frankly, I expect the exact same off Bet-Bot. Everything that I have seen of this so far suggests a product that inevitably could not live up to the claims made. I mean, £130,000 minimum. I would be surprised if it even manages a fraction of this. And the sad part is that there are inevitably people who are in desperate situations will buy into this. Because it’s only £30, right?

But here’s the thing. If you haven’t paid a lot of money for a naff product, you are still paying for a naff product. And when you look at Bet-Bot, that is all that I see. I cannot recommend strongly enough giving this one a miss. There isn’t a single redeeming feature that I can see here, and it deserves a very wide berth.  

 

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From: Simon Roberts