Big Odds Banker is a new to market horse racing tipster service that really does claim some incredible profits. The service is operated by one Steve Roebuck.
Introduction to Big Odds Banker
I’ve said it before and I don’t doubt that I’ll say it again in the future. There are definite trends to the tipster industry. One of the big ones that I’ve seen recently are these strong leanings towards “bank building” tipster services. They all fit roughly the same template of starting with small bets and building these up as you earn more profit. It is an approach that undisputedly works. Compounding is a very real thing. But it is not a miracle solution. Simply compounding your winnings isn’t some sort of shortcut to profit.
Despite this fact, products like Big Odds Banker seem to be unavoidable at the moment. Tipsters like Steve Roebuck will talk about taking you from a very small initial investment to profits that truly beggar belief. And what is really appealing about this kind of service is that the turnaround is usually very fast. Most genuine tipsters that I know will look at slowly but steadily adding to your bank. The claim here is that in less than a month, you can increase your betting bank by more than 6,800%. A number that beggars belief.
Original Link: https://www.bigoddsbanker.co.uk/start.html
The problem that I have (at least to some degree) is that as a reviewer of products, I almost feel compelled to give services like Big Odds Banker at least some attention. Have I seen such a service yet that actually works… um…? None that spring to mind. But what if Steve Roebuck is the one? This kind of service appeals to a very basic greed, and whilst I’m not a greedy man, if you could see even half of the claimed results, you’d be on to a winner. So, let’s get into it and see whether this delivers anything at all.
What Does Big Odds Banker Offer?
Probably not surprisingly, the fundamentals of what you are getting into with Big Odds Banker are incredibly straight forward. Something that is actually quiet welcome. Because this is a service that is night and day in terms of the approach and what you are ultimately taking on.
I know that this appears to be one of those peculiar nothing statements that I sometimes make, but it really is pertinent. You see, when you talk about the management of Big Odds Banker, everything is pretty much what you’d expect a tipster service of this day to be. But what do I mean by this?
Well, it’s a near daily tipster service. As is pretty much typical for every tipster service in this day and age, selections are sent out directly via email. These are typically sent out later in the day, although, Steve Roebuck also says that there will be no bet days with Big Odds Banker when he can’t find a decent runner.
Also building on things that are typical for the industry (rather frustratingly), Big Odds Banker doesn’t come with a huge amount of information when selections are issued. A look at the sales material shows that Steve Roebuck is placing all of this bets with a single bookmaker (which appears to be Paddy Power). The truth is though that you aren’t getting much advice in the way of odds.
With this in mind, I would probably look to recommend taking advantage of an odds comparison site if you were going to follow Big Odds Banker. Admittedly, that does mean extra work. And you might not always have the biggest window to try and lock in that value, but it is something that Steve Roebuck skips over, but I feel is hugely important here.
You see, as is typical with products of a “bank builder” nature, you are predominantly looking at backing horses at longer odds. In actual fact, Steve Roebuck’s limited proofing for Big Odds Banker doesn’t show a single bet that he’s backed at lower than double digits.
As such, you should really be looking to maximise the returns on any win that you do encounter. Given that in my experience, you can find an additional 10-20% on odds if you shop around that is a world of difference. As well as maximising profits it becomes particularly pertinent when you look at some of the policies Steve Roebuck has in place for Big Odds Banker.
Now, as you might guess from a service that is based around backing those kinds of odds, Big Odds Banker is each way based. This ultimately makes sense here as even when a horse places, at long odds, you can still double your money, if not pocket a tidy profit. Something that Steve Roebuck seems to have taken full advantage of on a number of occasions.
As a final note whilst we’re touching on the subject of the bets themselves, I feel somewhat obligated to point out that this can be a rather high volume service. Steve Roebuck can advise as many as 4 bets per day through Big Odds Banker. Rather curiously though, due to the staking plan, the volume of bets doesn’t actually change anything.
Which brings me to what is arguably the single biggest element of Big Odds Banker as a service. That staking plan. You see, each day, Steve Roebuck says that you should be staking 10% of your betting bank which is then divided by the number of bets. This applies whether a given bet is a winner or a losing bet. It is also quite curious as it means that theoretically, you don’t ever lose your bank.
But of course, none of that should be a problem. Theoretically. Steve Roebuck is effectively claiming a strike rate for Big Odds Banker of around 51%. Now, this does include bets placing as well as winning, but given the odds that the service has supposedly won at, this should make it a shoe in for substantial profits still.
How Does Big Odds Banker Work?
Steve Roebuck makes a hell of a big deal about the staking plan for Big Odds Banker. Or at least, he specifically makes a big deal about the profit potential of it. Something that shouldn’t really come as any surprise to anybody who knows what compounding involves. Either way, it is very important to note that when you’re looking at how the service works, this staking plan is definitely front and centre.
The reason this is important is simple. There isn’t actually any other substantial information about how Big Odds Banker works. The only other thing that we’re really given insight into is the fact that the service is based around backing long odds because even if they don’t win, there is still profit. But that isn’t really much of anything either.
This is the biggest problem that I have with Big Odds Banker. Steve Roebuck definitely talks a big game about how his approach to betting is better than level staking, about how long odds help you profit. But he isn’t actually telling you anything about how he’s finding long shots that are at least placing more than half the time. There is no real insight into a selection process for me, which is incredibly problematic.
Adding to this is a very limited data sample size which is incredibly conveniently based off recent historic results. There is no live or ongoing proofing. Nor is there any substantial historic records either. This is frustrating given the fact that Steve Roebuck suggests he’s been betting the same way as Big Odds Banker but to level stakes for a few years. As I always point out, this data should be available. So… why isn’t it? It’s all a bit suspect in my eyes.
What is the Initial Investment?
If you want to sign up to Big Odds Banker there is just one option available. This is a one time payment of £47 (plus VAT) for which you get access to a 30 day run with the service. That isn’t prohibitively expensive, but I do think that Steve Roebuck is ultimately asking quite a lot there (it’s certainly at the top end of what I’d expect to pay for a tipster service).
Interestingly, there are several money back guarantees mentioned. The first of these is a “No questions asked” 30 day money back guarantee. This is backed up by the fact that the service is being sold through Clickbank who are generally good at ensuring this sort of thing is enforced.
The other one is slightly more telling to me. Steve Roebuck says that “If I’m not in profit after your 30 day trial I’ll refund your full fee”. This is quite interesting to me because it doesn’t matter if you’re in profit. Simply if he is. And given that if Big Odds Banker is actually all above board that means getting the best prices… well, that is some rather suspect phrasing. Personally, I have my suspicions as to why this is mentioned.
What is the Rate of Return?
The headline for Big Odds Banker is a doozie. Steve Roebuck says that in 25 days you can go from £200 all the way up to £13,818. A mindboggling amount of profit. In fact, as I mentioned, that is an increase in your betting bank of more than 6,800%. Those kinds of numbers are simply huge and I find myself a little bit sceptical of this. Especially because of that real lack of evidence. Something that I say because even if you take the claimed results at face value, you are dealing with a very small data sample size.
Conclusion for Big Odds Banker
I want to ensure that there is no mistake here. in theory, Big Odds Banker can work. But here’s the thing, with compounding, you’re 20 roulette spins away from being a millionaire. And that’s if you’re only starting with a quid a time. So, do I believe that you could turn £200 into almost £14,000 in a bit over 3 weeks. I will acknowledge it is possible.
But here’s the thing, there is a world of difference between acknowledging the fact that something can work, and actually believing that Big Odds Banker can work. And the fact is that I’m not really convinced that it can. There are a number of reasons for this, but I want to start with the most telling. Namely that there doesn’t appear to be a system behind the service.
Now, I am sure that were Steve Roebuck here, he would argue that he is blue in the face that there is. But all that we really get told is that idea that compounding is better than level staking. That’s it. And we’re not just talking about a little bit of compounding either, Big Odds Banker follows a very aggressive plan. Betting 10% of your bank every day, isn’t something most sensible bettors would do.
They certainly wouldn’t do that betting on long shot bets. Yes, there is some mitigation in the fact that you’re betting each way, that is minimal at best. Even if I were to completely give this the benefit of doubt and say that Big Odds Banker is actually based around carefully curated value bets (which frankly, is the only really feasible thing that you could say, but I don’t actually believe that it is), you’re still betting on long odds.
That strike rate that is in excess of 50%, I don’t see services perform that well that are betting on horses that are much more likely to win than those Steve Roebuck advises. At the end of the day, an outsider is an outsider. Something that I find quite interesting is that horses that are 5th choice or higher tend to only win about 18% of the time. That is where you are with the kind of double digit odds that Big Odds Banker is based around.
Of course, there is also placing. That has an impact too. And horses that are 5th choice definitely do have a habit of running better than expected. But the returns off that aren’t really doing much to turn a profit. At best, your bank will barely stay afloat. But that brings me back to that point about there not being a selection process.
All of this is based on the idea that you have somebody making informed betting decisions. I don’t believe that you can say that this is the case with Steve Roebuck. He certainly does nothing to really provide any evidence of this outside of a few betting slips. Despite years of previous results, there is just no real proofing or explanation for Big Odds Banker. That is suspect to me, especially in light of a profit that I just don’t buy.
The truth is that I really can’t see any reason to buy into Big Odds Banker. It isn’t even like this is the sort of thing that is hugely inexpensive. The truth is that there are a lot of tipster services and betting systems out there that have much more provenance than Steve Roebuck’s. They might cost a bit more, but you get more, well, something actually attainable. That seems like a much better use of your money than this ever could be.
