Elite Betting Syndicate is a long standing horse racing tipster service that the marketing material says offers a professional betting service to subscribers.
What does the product offer?
Unlike a lot of tipster services which are keen to sell themselves as the end of your financial troubles (often trying to refer to £10,000 incomes as not being get rich quick schemes), Elite Betting Syndicate is much more restrained. The team behind it refer to Elite Betting Syndicate as helping you to earn a second income and when they say that they aren’t a get rich quick scheme, you believe the copy. What they do say that Elite Betting Syndicate offers is “profitable, consistent and thoroughly researched betting tips”.
Of course this is exactly the kind of statement that can mean anything, so what does it mean in the context of Elite Betting Syndicate? The service provides selections on a near daily basis with the tips sent directly out via email, usually the evening before race day allowing plenty of time to bet.
The selections themselves are advised as a combination of win and each way bets covering a variety of odds (a month selected at random has odds between 1.91 and 29). It is worth noting that the majority of the bets are advised at long odds so perhaps not surprisingly, Elite Betting Syndicate does recommend more each way bets.
The volume of selections is about in line with what I would expect from most horse racing tipster services. The Elite Betting Syndicate team actually advise of between 1-3 selections per day or 50-120 per week (the number changes depending on where you look in the sales material).
In terms of the staking plan, the Elite Betting Syndicate team use level stakes of 1 point for all of their bets. This suggests that each way bets are actually 0.5 points each way. Sticking with the numbers, the strike rate isn’t something that is really explored which is rather disappointing.
That having been said, having had a look over the results, I can estimate that it is probably between 20% and 25%.
How does the product work?
The Elite Betting Syndicate team are actually rather open about what the selection process for Elite Betting Syndicate entails which is refreshing. In order to understand this you have to first look at their claimed background in both horse ownership as well as statistical analysis.
All of this has supposedly come together to allow them to make some of the best selections in the business.
As you can probably deduce, the implication that the past of the Elite Betting Syndicate team have is that they know people on the inside. This allusion is confirmed with connections in stables supposedly in place across the country.
This is combined with “sophisticated data analysis techniques” and a general horse racing knowledge. By combining these two sources, the Elite Betting Syndicate team say that they are able to find the best possible selections.
What is the initial investment?
Elite Betting Syndicate is billed at a cost of £1 (plus VAT) which enables you to trial the service for 10 days. Once this time period has elapsed, Elite Betting Syndicate becomes a subscription based affair at a cost of £39 plus VAT per month.
It is worth noting since it isn’t mentioned on the Elite Betting Syndicate website that because payment for the service is handled via Clickbank, there is a full 60 day money back guarantee in place.
What is the rate of return?
The results that Elite Betting Syndicate have posted for 2016, up until the end of November, show an overall profit of £15,699 to £100 stakes. This includes a losing month of £2,679.
What this means for the year is an overall profit of 156.99 points or a monthly average of 14.27 points. Whilst this figure doesn’t sound overly impressive, it is important to note that Elite Betting Syndicate is in profit.
It is also worth factoring in that the subscription costs of Elite Betting Syndicate would have taken away around half a point per month if you were betting to £100 stakes. This figure would increase the less you were betting.
Conclusion
When reviewing something like a tipster service, there are a fair amount that you can say a lot about. Maybe they earn a particularly high amount of profit. Perhaps the ROI is a really mind blowing figure.
In the case of Elite Betting Syndicate however, there simply isn’t that much that I can really think to say other than it quietly and competently goes about its business, albeit for a rather high cost.
This is something that works to the advantage of Elite Betting Syndicate but I also feel that it can be a negative.
Yes, I have looked at much more profitable services this year but many of these have involved long losing streaks, high stakes or placing sill numbers of bets per day (I have looked at services that would have you betting several thousand pounds per day to reach their claimed income).
I don’t think that Elite Betting Syndicate ever really ventures into this territory and the fact is that even to £10 stakes, you’d have made about £1,000 so far this year which arguable wouldn’t be too bad.
For me however, the ultimate question is one of value, and this involves looking at what else you can get for the same money.
Unfortunately, this is where Elite Betting Syndicate falls down. With the generally spectacular Betting Gods stable available for the same price, there is very much an industry standard in place. I don’t think that Elite Betting Syndicate can realistically meet this.
