Bet Logic is a horse racing tipster service which is being offered through Telegram Tips. The service claims to have produced consistent profits since launching at the end of 2018.
Introduction to Bet Logic
There are a lot of different elements that make a tipster service successful, but by far and away, I think that one of the most overlooked examples is consistency. I have seen plenty of services which have produced some huge profits, but they come with the caveat that you have to back their selections through thick and thin.
This can mean losing hundreds of points whilst you wait for a big winner. With a consistent service though, your bank is sustained and you don’t have to sink money into it whilst you wait for fortunes to change. This brings me to Bet Logic, which from looking at the results and the claims that are made by Telegram Tips, looks to be a very promising service. So, if you are looking for a tipster that you can make regular withdrawals from, without putting your bank in jeopardy, Bet Logic should be a solid option, right?
What Does Bet Logic Offer?
As far as tipster services go, Bet Logic is a pretty straight forward affair, which I don’t think is necessarily a huge negative. It can be far too easy to overcomplicate betting. Now, one thing that I do want to highlight is that Telegram Tips’s proofing shows that this isn’t somebody who tips every day. In fact, I would go as far as to say that this is one of the more selective tipster services I have seen for some time, and that is no bad thing in my opinion.
What it does mean though is potentially receiving less than 20 tips in a month. As is very much the norm for tipster services, all of Bet Logic’s selections are issued directly to subscribers via email (as well as through Telegram, a messaging service). These contain enough information to get your bets placed, but this isn’t an in depth affair.
On the subject of the bets, Bet Logic exclusively deals with win bets, backing horses at a relatively small range of odds. This win based approach is something that is absolutely necessary here as by and large, you aren’t backing anything that could be considered an outsider. For context, Telegram Tips show that the longest odds are 6.00, whilst there are an awful lot that are evens or less.
All of this adds up to average odds of just 2.99 and that is to BOG. At BSP and SP you are much closer to 2.50 which is a little over evens. All of this becomes important when you start to really scrutinise Bet Logic, but I will pick that thread up a little bit later. What it does mean though, is that you have to win often.
Fortunately for Telegram Tips, winning often is something that Bet Logic excels at. Their proofing demonstrates a service that has an overall strike rate of 55.84%. This isn’t an average number that has been skewed by a few good months either.
Returning to the subject of consistency, Bet Logic hasn’t had a month yet where the strike rate has been lower than 50%. For me, this is very strong evidence that the selective approach that Bet Logic likes to use really works in the services favour. Honestly, this result is one of the strongest elements on display here.
What is less impressive, at least in some ways, is the staking plan that is in place. There isn’t anything inherently wrong with it. Bet Logic is proofed to a level staking plan, and there is also a proprietary staking plan that is included when you buy the service.
I won’t go into detail on this as I don’t think it is fair to release paid information freely. What I do want to talk about is the level staking that Telegram Tips use for proofing the service. All of the bets are proofed to 5 points. This has some quite profound effects on the results of Bet Logic as I will demonstrate a little later.
How Does Bet Logic Work?
One of the things that I find to be incredibly frustrating about Bet Logic is that there is no real information provided about what the selection process for the service entails. The name suggests that there is likely analysis happening behind the scenes, and the selective approach implies that it is a very rigorous and thorough process. The fact of the matter though is that this is only conjecture on my behalf.
Telegram Tips don’t actually say anything except for the fact that the tipster behind Bet Logic previously operated the same service through another platform.
Now this frustration is somewhat mitigated by the fact that Telegram Tips do provide full proofing for Bet Logic. This lets you have a look at how the service has operated in the past, and ultimately, paints a pretty good picture of what you can expect from it in the future. None the less, I do feel like you should be able to at least make a relatively well informed decision about what you are buying into.
What is the Initial Investment?
Pricing wise, Bet Logic is definitely towards the top end of what I would consider to be the norm. There are 3 different subscription options which are monthly, quarterly, and 6 monthly. These are priced at £38, £84 and £129 respectively.
It is worth noting however that at the time of writing, Telegram Tips are offering your first quarter at a discounted rate of £42, whilst your first 6 months is being offered for just £89. It is suggested that these are limited time offers, however I am not convinced that this is the case.
Payment for Bet Logic is handled directly via Paypal and it is important to note that Telegram Tips do not offer any sort of money back guarantee on the service.
What is the Rate of Return?
There are a lot of different numbers that are thrown around in terms of the income potential of Bet Logic. The first one that I want to address is the £13,000 profit that was supposedly generated over 6 months. Now, that is with the proprietary plan, and as such, may not necessarily be suited to everybody.
Moving on to level stakes, we are told that Bet Logic has produced a profit of 579 points at the time of writing. Given that the service launched in December last year, that is a very impressive looking result, however that is based off 5 point stakes. A more accurate reflection of profit would be 115.8 points to 1 point bets. The best result in my opinion though is the 57.9% ROI that the service has maintained.
Conclusion on Bet Logic
There is quite a lot that I want to talk about with Bet Logic, but I want to get what is arguably the most important thing out of the way and that is how much you can potentially earn, with a strong emphasis on the potential part. In many ways, I think that the results for Bet Logic are ultimately positive. Let’s be entirely blunt, there has been a profit made, and that is what really matters to a lot of people.
With that having been said, there are a lot of considerations to make when you start to work out how much profit you will actually make. Looking at the scaled down points profit, you are looking at some 16 points per month. To £10 stakes, that means £160 (ish), and once you factor in your monthly subscription costs, this drops down to potentially £122 of profit for the month.
Now that figure isn’t bad at all but given that the headlines for Bet Logic talk about making £800 in a month, this more realistic figure looks somewhat disheartening. Of course, if you are in a position to follow the staking plan recommended or bet to the 5 point stakes, then you will obviously do much better. And of course, getting 57p back on the pound is a decent return if the results can be maintained in the long term.
With all of that out of the way, you can start to look at the other elements involved. The fact that Bet Logic isn’t a high volume service isn’t a bad thing. In fact, I would take a low volume tipster that wins often over something that just churns out tips seemingly for the fun of it, even if the results ended up the same.
And on the subject of winning often, that high strike rate is critical for Bet Logic. The fact of the matter is that you are quite often betting on horses with odds so low that it can take several winners to make up for a loss.
Honestly, I don’t really know what to make of Bet Logic. It is a bit of a peculiarity in so much as there is very little risk based off the historical results, however I can also see that there is a lot of risk inherent in the service. Obviously, every tipster service carries risk, but backing at shorter odds can have quite dire consequences if the tipster behind the service hits a bad run.
And whilst I am sure that Telegram Tips would deny that this is likely here, almost every tipster will at some point hit that bad run, and if your profit on a bet is just a quarter or half a point, how long does it take to recover?
With all of this in mind, I will say that Bet Logic isn’t for me. I can see some very obvious merits to the service, but reading into things, I can also see that there is a lot of potential for things to go wrong.
Furthermore, I think that you really need quite deep pockets in order to get the most out of this service. 16 points per month isn’t bad, and the 57% ROI is bloody brilliant, but you have to spend a decent amount to really make it worthwhile.
If you fit that bill, then I think that you can do a lot worse than Bet Logic, but despite a lot of positives, I am not certain that this will be for everybody.