Harry’s Hedge Fund is a new on the market horse racing tipster service. It is operated by the eponymous Harry Juke and is supposedly capable of producing some impressive sounding profits.
What does the product offer?
With a name like Harry’s Hedge Fund, you could very easily be forgiven for getting excited about the product. After all, most people’s knowledge of what a hedge fund is starts and ends with the billions of dollars that they make on an annual basis. In fact, the most successful hedge fund manager of 2016 made an eyewatering $4.9 billion. Coming quickly down to reality, the question that hangs over Harry’s Hedge Fund is whether or not the name has any indication of what you can actually expect or is it simply lazy marketing?
The claimed profits for Harry’s Hedge Fund certainly aren’t in the same ball park as a hedge fund, however the claims made are still very substantial. The real questions that surround Hary Juke’s service in my book are in no small part governed by the headlines which read thus:
“Are you sick and tired of all those bogus claims from so called “Tipsters” that NEVER live up to the hype?… Don’t Worry, I Have The Solution!”
So is Harry’s Hedge Fund really that much better (or even different) than all the other so called tipsters who make bogus claims? This is one of the key questions that I want to answer over the course of this review. Honestly though, I am not holding out too much hope…
In terms of what you are actually getting access to, Harry’s Hedge Fund is pretty straight forward. It is a daily service which provides subscribers with tips sent by Hary Juke, directly via email. These are usually sent out in the morning and rather unfortunately lack any real detail. There are prices included however the odds that are recommended are generally not attainable. This is all rather disappointing and doesn’t bode well for Harry’s Hedge Fund.
Keeping with the bet aspect of the service, all bets appear to be straight win bets. These are on massively varied odds with the last week alone supposedly having odds that range from 1.59 all the way up to 13.00. Once again it is important to point out that you have to actually get all of these odds first. Fortunately, there are not too many bets provided on a day to day basis with Hary Juke usually recommending no more than 5 to Harry’s Hedge Fund subscribers.
In terms of a staking plan, Hary Juke makes no specific mention for Harry’s Hedge Fund. In his rather exhaustive proofing it is carried out to level stakes of £30 per bet (a seemingly abstract figure in my book). Whether or not this means 3 point stakes or simply that Hary Juke is betting £30 per point isn’t something that is ever adequately explained. This is undoubtedly a problem for me and only adds to an increasing number of frustrations when it comes to Harry’s Hedge Fund.
This only leaves the strike rate to consider. Given that Hary Juke says that Harry’s Hedge Fund has averaged just 17.2% over 12 months, I don’t think that this particularly bodes well. It is not as if the service focuses on finding longer odds specifically (and of course there is also the question of whether or not you can actually get the odds advised). In spite of this, it seems that when Hary Juke has identified a winner, this has typically been at odds longer odds.
How does the product work?
Hary Juke claims that any selections which are sent out to Harry’s Hedge Fund subscribers all follow a very specific set of criteria. Supposedly, they all:
- Get no hype about them pre-race
- They make none or very few peoples “shortlists”
- The bookies have “overlooked” them “price wise”
The clear implication of this is that Harry’s Hedge Fund is a value based service. This all sounds well and good in theory however it seems to me that there are some questions in terms of practicality. The fact of the matter is that saying that these are all properties that your selections share is not enough for my liking.
Whilst I wouldn’t expect any tipster to give away everything, I do believe that customers should have enough information to make an informed decision. Unfortunately this is something that you definitely can’t do with Harry’s Hedge Fund.
What is the initial investment?
Hary Juke is currently offering Harry’s Hedge Fund on a trial basis at a cost of £14.95 per month. It is interesting to note that this isn’t a subscription as such and you would have to pay monthly. This supposedly represents quite substantial savings on the alleged actual value of Harry’s Hedge Fund which is £30 per month. Of course there are other numbers thrown about in terms of the value of Harry’s Hedge Fund however at £100 and £200 per month it is apparent that they are simply nothing more than marketing to make the initial offering sound better.
Fortunately, Harry’s Hedge Fund does come with a money back guarantee. Unfortunately, Hary Juke has chosen to only extend this for 30 days.
What is the rate of return?
The main selling point of Harry’s Hedge Fund is the profit which at £12,523.62 is substantial, yet well within the realms of possibility. Especially when you consider that using £30 per point stakes, Harry’s Hedge Fund would have made an overall profit of 417.45 points. Using £10 stakes the figures look somewhat less impressive with a potential profit of £4,174.50. The truth however is that a lot of the appeal of this income potential is reliant on you believing that the figures are attainable.
Conclusion
Like so many of the tipster services that I see being pushed by affiliates on a seemingly weekly basis, Harry’s Hedge Fund is very good at presenting itself as a genuine and seemingly highly profitable service. In the case of Harry’s Hedge Fund, Hary Juke has done an exceptional job and without knowing what to look for when questioning a service, I can see how anybody would very happily buy into Harry’s Hedge Fund.
The fact of the matter is that in terms of the “front end” of things, Harry’s Hedge Fund doesn’t put much of a foot wrong. There is plenty of proofing provided, there aren’t claims made of generating 6 figure incomes or retiring to a life of betting. None the less, there were a few clues that something was amiss and I wish to explore them here. The first thing that stands out is the lack of information on how Harry’s Hedge Fund works.
Whilst I think that this is generally par or the course, Hary Juke does a very good job of describing his service without actually saying anything. All that is described are ideals that provide no actual insight into the selection process and this worries me. I don’t expect any tipster to provide their selection process but without understanding how bets that are overlooked are found, I am forced to remain sceptical.
The other thing that I noticed about Harry’s Hedge Fund was that the odds seemed a little off if I am honest, something which seems to be a well founded concern. The fact is that the odds that are used always seem to be slightly too high and not something that would be readily available and since Harry’s Hedge Fund launched, this is the case. Historically however, there seems to be less discrepancies. This suggests two things to me.
The first is that whatever system is being used has been back tested for proofing (which rarely produces a profitable product in the future). Alternatively, it says to me that historic selections have been chosen based off existing results (for example downloaded from Betfair) and chosen to present a picture of a genuine service. Of course there is always the possibility that Harry’s Hedge Fund is entirely above board and the selections are genuine however my findings at the back end of things are the nail in the coffin of this as far as I am concerned.
Harry’s Hedge Fund is being marketed by a vendor with a long and pronounced history of releasing betting products. In fact, there have been 7 tipster services launched by this vendor in just over 5 years. All of these were reviewed negatively with losses shown across the board, a stark contrast to the claims made in the respective sales material. There is nothing to suggest that Harry’s Hedge Fund is going to be any different.
Arguably the only redeeming feature that I can see for Harry’s Hedge Fund is the price however this is only a mitigating factor if the service is worth paying for. Unfortunately, I don’t see this being the case with Harry’s Hedge Fund and as such, I can’t even call it value for money. With all of this in mind, I believe that Harry’s Hedge Fund simply isn’t worth the time or money.
