ICE Diamond Racing Review – Betfan

ICE Diamond Racing is a horse racing tipster service which is being offered through the Betfan stable of tipsters. Selections come courtesy of a number of different current Betfan tipsters.

Introduction to ICE Diamond Racing 

There is no denying the fact that Betfan are the largest tipster stable in the UK. Arguably the world. They currently have a mind boggling 51 tipster services on their books with many many more having been shut down as time has passed. ICE Diamond Racing though has been arguably the single biggest product that I have ever seen from the team.

Not just in terms of the claims that are made, but the marketing, the approach of the service, the profits, and the cost. Everything about ICE Diamond Racing can almost be boiled down to “bigger and better” than anything that has come before it. Honestly, it is an incredibly impressive feat and it seems quite apparent to me that Betfan have put a lot into the service. Is it really worth it though? That is a difficult question, so I want to dive right in.  

What Does ICE Diamond Racing Offer?

I don’t think that I am being unreasonable in saying that when you sign up for any service from Betfan, you can expect certain things. In no small part, this means a degree of professionalism and that is very evident in how ICE Diamond Racing is managed.

Selections go out on a daily basis, and they are sent directly to subscribers email as well as being uploaded to a member’s area on the Betfan website. As you would expect, the content and quality on the logistics side of ICE Diamond Racing is spot on with all of the information required in order to get your bets placed. What I will say though is if you want to get the results claimed by Betfan, you will need accounts with bookies that offer BOG.

Moving on to the betting side of things, ICE Diamond Racing is ultimately the culmination of a few tipsters that Betfan have worked with and it shows. This is a generally quite high volume service with days generally having a minimum of 5 bets per day. It is also worth noting that these may well cover multiple horse in the same race.

There are a huge range of odds involved with ICE Diamond Racing, however there is definitely a bias towards middling and longer odds. By and large, you will almost exclusively be placing straight win bets, however Betfan’s proofing also shows each way bets and some smaller accumulators cropping up as well

Next, I want to talk about the staking plan for ICE Diamond Racing, and honestly, it is an important point. Gone of the days where Betfan indiscriminately advise bets to be backed to 5 points so that they can show off big numbers. Instead, you will see a mixture of stakes ranging from 1 point going as high as 8 points on occasion. Naturally this can start to add up, and so you should also factor in that ICE Diamond Racing does require a quite substantial betting bank.

Finally, I want to talk about the strike rate for ICE Diamond Racing and honestly, I can’t bring this up without going back to the odds a little bit. Looking at Betfan’s proofing for the service, it was very apparent to me that this wasn’t something that was going to be winning every bet, and the longer odds mean that it doesn’t have to. Honestly, I don’t really know what kind of strike rate I was expecting for ICE Diamond Racing, but it actually comes in at 23.26% according to Betfan. Around the 25% seems pretty fitting really and given the odds involved, there is a clear potential for profit.

How Does ICE Diamond Racing Work?

The ICE in ICE Diamond Racing actually stands for the concept behind the service which is “Inner Circle Edge”. Betfan say that as a tipster management company they “get to see the traits that make for the best over the long term” and that they have leveraged this knowledge to “create an inner circle of top tipsters who really do have the passion and skill sets required to win”.

All of that is some pretty flowery talk on behalf of Betfan, because the blunt truth is that ICE Diamond Racing is ultimately the result of 4 other Betfan tipster services coming together. These are High Five, Race to Win, Two Percent Club, and High Roller.

Now, I have looked at all of these services relatively recently, and I will say that most of them have some very strong positives with more than the odd negative (a point I want to pick up on shortly). In putting together ICE Diamond Racing, you are getting access to their combined tips with Betfan billing the service as something of a portfolio of sorts. Honestly, that isn’t the worst way to describe it.  

What is the Initial Investment?

Betfan have three different options if you want to sign up to ICE Diamond Racing and frankly, none of them are what you could call inexpensive. The first option is to sign up for a 28 day membership. This is (in my opinion) erroneously referred to as monthly and will cost you £99.99 (plus VAT) every 28 days.

This actually means paying £1,559.83 over the course of a year. The next option is to sign up one a quarterly basis at a cost of £281 (plus VAT) every 90 days, or finally, you can sign up on a 6 monthly basis at a cost of £476 (plus VAT) every 6 months.

It is worth keeping in mind that as is the case with any products from Betfan, there is no real money back guarantee in place for ICE Diamond Racing. The team say that they review any refund requests, however these are not typically granted.

What is the Rate of Return?

The star attraction for ICE Diamond Racing is just how much the service has earned. Betfan’s proofing shows that between January and May, the service had produced a profit of 926.26 points. That is a mind-blowingly strong result and there is simply no other way of putting it. That includes a 328.64 point profit in January alone. Factoring in June shows an overall profit of 938.78 points of profit meaning a bit of a hit and miss month. For context on those results, it is worth noting that ICE Diamond Racing has maintained an ROI of 21.14%.

Conclusion on ICE Diamond Racing 

There is a lot to process with ICE Diamond Racing. On the one hand, it is apparently a complete powerhouse with Betfan talking about generating £18,551.80 per month if you are a “betting entrepreneur” who wants to “go for gold” or £463.79 per month if you are a casual punter who only wants to stake £2.50 per point.

On the other hand, you are looking at paying a massive amount of money in order to receive selections. But it is a lot less than you would pay for the four services that make up ICE Diamond Racing individually… So… It’s cheaper, but not cheap. Is that good?

Being quite blunt about it, I see ICE Diamond Racing as being a bit of a divisive service, and there is one thing that counts for me in the long term that I will come to later. First of all, I want to address the value for money thing.  

For the four services that are involved with ICE Diamond Racing, you would pay £150 per month. Compared to that, £99.99 is an apparent bargain, however, and it is a big however, you are still paying a considerable premium for the service. Yes, it is undoubtedly better value, but I am not convinced that is value for money in and of itself. It does go some way though to counteracting one of the bigger problems with the services individually.

Next, I want to talk about the profits, because boy are they a huge part of ICE Diamond Racing, and rightfully so. I cannot say enough how impressive those first 5 months have been, however I don’t think it’s unfair to say that June has been a bit of a return to solid ground. Whilst there is still a bit of time left in the month at the time of writing, you will have to see quite a significant turnaround to get close to previous months. Of course, ICE Diamond Racing could be back to previous wining ways in July.

All of this nicely frames my final thoughts on ICE Diamond Racing. I would like to see the service run for a few more months before I recommended it.

If the results of June are repeated in the future, all those profits that have been generated don’t really matter as real punters haven’t had the chance to obtain them. Given the incredibly high costs that are involved, I think you really have to be pretty certain that you are going to make money if you’re going to commit ICE Diamond Racing.

For me, this is a new concept for Betfan, and I don’t think that they have done a terrible job. With that having been said, there are alternatives on the market that take the same concept in a very different direction. They have definitely made a better impression that ICE Diamond Racing. As it stands, this isn’t something I could consider recommending at this point. In 6 months, with a wider data sample to look at, this may be worthwhile. But right now, without particularly deep pockets, it isn’t something I would recommend.  

Related Posts

Leave a comment

From: Simon Roberts