Horse Power Method is a new horse racing rating service which is operated by Steven Williams. It claims to be able to offer some very substantial profits from relatively small stakes.
Introduction to Horse Power Method
There is a lot of rubbish on the market when it comes to horse racing and this often muddies the water in terms of identifying what is genuinely good and what isn’t. As a result of this, it is difficult not to end up somewhat cynical when looking at products which make bold claims. Horse Power Method is one such product. It does however stand out to me as potentially being genuine and that is hugely important.
The fact of the matter is that as well as being something that is real, Steven Williams appears to have done something quite different to the norm. So much so that he is willing to call out a number of other services. With this in mind, I want to take a good look at Horse Power Method and see whether or not it is actually worth your time and money.
What Does Horse Power Method Offer?
Steven Williams is loathe to refer to his service as a tipster service, and I can see why. His feelings on tipsters are made very clear in the sales material for Horse Power Method. Perhaps in no small part because of this, the service is described as a ratings service. This means that the software doesn’t give you tips, it is showing you which horses are rated as having value and it is up to you whether or not you back them.
This is a crude over simplification and there is much more to it than this. The “Horse Power Method Methods Strategies” manual makes this abundantly clear.
As a piece of software, Horse Power Method is pretty straightforward to use. The interface is friendly enough and I don’t doubt that Steven Williams will be on hand to help if this is required. There are a few things that are particularly standout however. The first is that Horse Power Method updates itself the night before races (from 7pm) meaning that you can get bets in early, potentially extract maximum value etc. Secondly, there is a mobile app which I haven’t seen, but if it is anything like the computer software will be decent.
When it comes to the ratings themselves, there can potentially be a lot of different horses rated. These are marked as a selection and you are expected to back all horses in a race. This can rather quickly add up over the course of a day with 67 bets being placed by Steven Williams in a 2 day period. A betting account through Betfair is recommended with Steven Williams saying that you will typically get better odds, especially on long shots. All horses that are selected by Horse Power Method should be backed as win bets.
There are a few other points that I want to touch on with Horse Power Method. There is no real staking plan in place. Steven Williams does however say that you can start with the minimum stakes of £2 per bet and that you should “take it slow and build up you bank naturally”. In terms of the strike rate, Steven Williams says in the FAQ for Horse Power Method that this is high. We aren’t however privy to what kind of number this is which is definitely disappointing.
How Does Horse Power Method Work?
We aren’t ever told how Steven Williams generates his ratings for Horse Power Method. In fact, when asked about it he says “I won’t be giving away my rating methods, but I will say they are based on value as a starting point. Without VALUE you will struggle to make money from ratings. They have been used and developed now for a few years by myself.”
This is undoubtedly frustrating. I can see why Steven Williams is so keen to protect Horse Power Method as a product, however I also find myself questioning why he is so secretive. I have long said that I do not expect anybody to ever give away their methods for free. I do however believe that as a consumer you are entitled to make an informed decision. This isn’t really possible in the case of Horse Power Method.
What is the Initial Investment?
Steven Williams is very adamant that he only wants a certain type of person being on board with him. This means a willingness to follow his system, no trials and no refunds. On top of all this, Horse Power Method is very much in line with premium pricing. The shortest membership is £127 and lasts for 3 months. Next there is a 6 month membership which is priced at £217.
Alternatively, you can sign up for 12 months (complete with additional bonuses) at a cost of £277. Payment for Horse Power Method is handled directly via the Horse Power Method website and there is no money back guarantee in place.
What is the Rate of Return?
Steven Williams claims to have made well in excess of £13,000 in just 3 months. Furthermore, this is apparently based on stakes of just £20. What this effectively means as a points profit is 682 points in this period. Whilst this is undisputedly an impressive number, it is clearly based on a lot of bets. With this in mind I am not convinced that it is a result that is necessarily going to be achievable for everyone. It is also interesting to point out that there is no ROI mentioned which would provide a much more appropriate picture of profit through Horse Power Method.
Conclusion on the Horse Power Method
I am very conflicted about Horse Power Method and this is almost entirely down to Steven Williams. There are a number of pros and cons, but the creators attitude is just plain confusing. It is almost as though he is too defensive. Almost too unwilling to provide any results outside of ones which have very likely been cherry picked.
For example, we are given plenty of winners (and losers in there too, I have to be fair) for January. But given that Horse Power Method is a recent launch, why January? If the service is so consistent, why not more recent months? On top of this, Steven Williams suggests that he will not provide anything longer term, nor will he provide proofing. All a little bit suspect I am sure you can agree. Now, on the flip side of this, I could just as easily paint Steven Williams as a business man looking to get a new enterprise off the ground. Somebody who is fiercely protective of their intellectual property
I am not too concerned about whether or not Steven Williams makes as much money as he does through Horse Power Method. In fact, I am inclined to believe that he has enjoyed this success. Whether or not this translates to you seeing similar results is dependent on a lot of factors. With this in mind, I do want to highlight that it would be wise to approach Horse Power Method with somewhat lowered expectations.
This leads me onto the subject of value for money. Horse Power Method is not cheap. At least, not without paying out a large sum of money, entirely upfront and with limited evidence. This makes Horse Power Method a very risky investment for me and makes the value for money thing even more difficult. The short answer here is that this is likely to be personal.
If you are really willing to commit to Steven Williams, I can see how you would do well and the expense is worth it. But Horse Power Method doesn’t look like the kind of product you can half arse.
With all of this in mind, I am going to completely cop out here and say that whether or not Horse Power Method is any good will ultimately down to you. Speaking entirely for me, I find that there are some pretty big asks in terms of financial and time commitment. Whilst Steven Williams says it doesn’t take too long, placing 30 bets per day and looking at software isn’t something everyone can do each day.
If you do have the time and are not risk averse however, then I think that Steven Williams could be worth some reasonable consideration.