Five Star Betting is a new to market horse racing tipster service which is being offered by one Harry Goodwell. He claims that his service is able to produce quite substantial profits for his subscribers.
Introduction to Five Star Betting
There is a lot that can be taken from the headline for a betting service. Or sometimes, as is the case with today’s subject, Five Star Betting, I should say headlines. “STOP throwing your money away on hunches and ‘revolutionary services’”, we are told. “Earn A Five Figure Income With a Five Star Service” screams at you from the top of the page. “Finally A PROVEN And HIGHLY RELIABLE Way To Profit From Betting Every Year For The Rest Of Your Life” screams yet another headline.
Honestly, I am fortunate enough to know better than to take these kinds of claims at face value, but I’ll tell you what. If you were new to the tipster market, it all sounds very bloody impressive doesn’t it?
Of course, I have also been involved in this industry for plenty long enough to know that just because a claim is made, that doesn’t necessarily mean that a tipster has the chops to back it up. Which of course brings me to the real question here. Is Five Star Betting good enough or not to warrant paying Harry Goodwell for his tips?
What Does Five Star Betting Offer?
As far as tipster services go, I won’t lie to you. Five Star Betting is a very typical affair. Don’t get me wrong, there is only so much that I think you can do with a horse racing tipster service in this day and age (with perhaps a choice few exceptions). As such, that doesn’t inherently count too much against it, but Harry Goodwell does do a very good job of making this sound like something truly incredible.
With that out of the way, let’s jump straight into the logistical elements of Five Star Betting. As you would expect, selections are sent out directly to subscribers via email. And as is the case with a lot of other tipster services, these are typically sent out on the morning of racing.
Now, this is one of the first minor issues that I have with this service. The fact of the matter is that whilst this isn’t necessarily an inherently bad thing (and I can even see why it usually happens), it does mean that you might struggle with getting the best odds. It also means that if you work a 9-5, then you might find that this isn’t an easy thing for you to follow.
Building on that, the quality of email that you receive from Harry Goodwell is also on the basic side. Don’t get me wrong, you get enough information to get your bets placed, but Five Star Betting doesn’t exactly scream out top quality in this regard. Especially compared to some other independent tipsters that I’ve looked at before.
In terms of the bets, there is a very clear structure that is in place, something that ultimately, I consider to be welcome. Harry Goodwell says that each day he will send out anywhere from one to five bets. Now, this isn’t particularly high volume, but those bets can also start to add up over a week.
A little earlier on, I was talking about getting the best possible odds out of Five Star Betting. This is something that is potentially very important to do. You see, Harry Goodwell only advises bets with odds of up to 5/1. Now, those are based on the prices that he is able to get, but frankly, I find the research into this questionable.
As such, if I were going to follow this, I would definitely be making use of Oddschecker and even looking on betting exchanges to see where I could get the best possible odds. This is in no small part down to just how likely I believe that winning actually is here.
In terms of the bets themselves, I feel like it is worth highlighting that you are exclusively dealing with straight win bets. This does at least mean that if you choose to try and maximise those odds, you shouldn’t have any problems with finding them available. Be that through a bookie or a betting exchange.
At this point, I want to take a little bit of time to talk about the staking plan. You could be forgiven for thinking that given Harry Goodwell “rates” all of this bets from 1 star to 5 stars that this might be an indicator of how much to bet. It isn’t. In fact, his own (highly questionable) evidence shows that he has been betting to level stakes of £100, suggesting that this is 1 point.
Finally, I want to talk about the strike rate. And this is something that is highly divisive for me. So, first of all, Harry Goodwell doesn’t actually provide any real proofing for Five Star Betting. He gives us a few days of betting slips that show a win rate of 8/10 or 80%. Let’s not mince words here, I am incredibly sceptical about that number.
The fact of the matter is that proofing wise, 3 days and 14 bets isn’t even close to comprehensive. If I’m completely realistic, at worst, these are doctored betting slips that aren’t representative of a genuine betting experience. At best, they are genuine betting slips, but still can’t really be taken to be representative of a genuine betting experience. There just isn’t a large enough sample size of data to take this claimed result as an accurate reflection.
How Does Five Star Betting Work?
Harry Goodwell’s approach to explaining how Five Star Betting works takes a bit of a two pronged attack. First of all, there is a lot of time spent telling us how so many people bet on horses based on gut feeling or a whim. Furthermore, he slates other tipsters who have “little or no idea what they are doing”.
From here, we are told that he has spent five years collecting data and “doing the maths on thousands of races, theories and top wagering strategies”. Now that sounds pretty impressive, however, it doesn’t actually tell you anything. Nor does the claim that this strategy is actually “taking the betting world by storm”.
We are also told that Five Star Betting “takes into account the many variable factors” in racing which other services overlook or are “too complex to analyse”. This is combined with a “data-rich strategy” which looks at things including sire stats, trainer performance at a particular course and past performances. On top of this, we are told that there are “hundreds of different criteria” which provide the rating that is sent out.
Again, all of this sounds impressive, but it doesn’t actually tell us anything. As far as I am concerned, what Harry Goodwell has done here is throw together a lot of impressive sounding terms whilst not actually backing any of them up. This may not be quite so bad if there were comprehensive proofing provided, but there isn’t.
What is the Initial Investment?
If you choose to sign up for Five Star Betting, there are two massively different pricing structures available. Firstly, you can sign up to receive Harry Goodwell’s selections directly through Clickbank. This comes with a full 30 day money back guarantee; however it is very pricey at £99 plus VAT. This gets you a 6 month subscription although there is also the option to tack on an additional 6 months for another £89.
Alternatively, we are encouraged to sign to Five Star Betting through a proprietary payment platform. This offers substantially cheaper options; however, you do have to surrender any money back guarantee.
One of the first things that stands out to me here is that there are two different monthly subscriptions. The first comes with a 7 day free trial and is then priced at £19.95 (plus VAT) per month. Alternatively, you can pass on that that trial and pay just £12.95 (plus VAT) per month instead.
There is also a quarterly subscription which is priced at just £29.95 per quarter (again, plus VAT) or alternatively, you can sign up for Five Star Betting for the year for a cost of £59 (plus VAT) which at this point is a massive £130 discount on what Harry Goodwell’s selections would cost you through Clickbank.
Finally, you can sign up to Follower Shadow for a “lifetime license” which is priced at £97 (plus VAT).However, this is claimed to be an exclusive “opening offer” and may not be available indefinitely.
What is the Rate of Return?
As I’ve already touched upon, the core idea behind Five Star Betting is that you can generate a five figure income, however, this is a bit of a vague statement really. £10,000 and £99,999 are both technically five figure incomes but you wouldn’t consider them equal by any stretch of the imagination.
This brings me to a slightly more accurate claim for Five Star Betting which is that you can expect to see “£1,000+” per week. This of course takes Harry Goodwell to more than £52,000 per year. A number that is entirely unsubstantiated.
It is also worth noting that in the 3 days that Harry Goodwell does provide his “proofing”, the service made a profit of 26.3 points. Over a single weekend, I just don’t believe that you can consider this to be the kind of number that you can realistically expect to be maintained.
Conclusion for Five Star Betting
I’ll be frank. Five Star Betting looks to be pretty darn good. Sure, I will admit that £52,000 sounds like a massive stretch, but surely it isn’t unreasonable to believe that 26.3 points over a weekend is doable, right? In theory, absolutely not. However, the problem that I really have is that Harry Goodwell refers to this particular weekend as being “no different”.
That is a massive amount of profit to see generated over a weekend. Honestly, there are tipsters who would be more than happy to take 26.3 points in a single month, let alone have that opportunity to simply make that kind of profit every single weekend. And of course, the implication here is that this isn’t an exceptional result.
What is really interesting to me though is the juxtaposition that exists when you start to actually scrutinise this. The fact is that Harry Goodwell clearly understands the importance of proofing. After all, the weekend that he uses as an example comes with a number of betting slips, all of which are supposedly representative of those bets. So, why isn’t all of Five Star Betting proofed? Given the knowledge of that importance, there is no real reason not to provide it.
Now there are two potential reasons for this. Firstly, there is the fact that Harry Goodwell isn’t actually able to provide proofing because this is a new method with no proofing, in which case, it hasn’t been tested. Alternatively, this is massively questionable and there is no proofing provided because Five Star Betting just can’t actually perform to that standard in the longer term.
Given the pricing structure, my money would be on the latter rather than the former. Look, I get it. If you’re selling a service through Clickbank this costs you money (fees and whatnot). So I understand why you might want people to use your own payment platform, and a discount is a great way of encouraging this. But this doesn’t explain why you surrender your rights to a refund.
That for me is what is really questionable here. If Five Star Betting is actually as capable as Harry Goodwell claims, I see little reason why he wouldn’t encourage people to sign up with that money back guarantee window or even a trial. Instead, everything is set up to encourage people to simply hand over their money to save a bit of cash, and in return, forfeit their consumer rights.
I’ll admit. There is the potential that I could be wrong here, but in my experience, the vendor who is ultimately selling Five Star Betting has listed a lot of products with a similar pricing structure. Over time, these all seem to have been closed down. And with no real evidence to suggest that this will change here, it isn’t a risk I would be willing to recommend.
It is all just incredibly suspect to me, and given the fact that there are a lot of other elements of Five Star Betting that are equally suspect… Well, I don’t think that it paints it in the best light. And with that in mind, I would be very much inclined to give it a pretty wide berth.