Jackpot Julie is a new to market horse racing tipster service that is being offered through WAP Bets. Selections come courtesy of the eponymous Julie.
Introduction to Jackpot Julie
There isn’t really a right and a wrong way to be. I say that… There isn’t really a right or wrong way to bet so long as you’re turning a profit. Sure, some people just gamble away for the fun of it, but if you’re halfway to serious, making money is always the end goal. My personal opinion on this though is that it isn’t just about making money, but how you make money. Some services can be immensely profitable, but I wouldn’t recommend them. Likewise, some services turn a very modest profit, but I would recommend them.
The truth is that there is a lot of nuance to all of this and nowhere is that more apparent than when you start looking at “Jackpot Services” as I call them. These are tipster services whereby the majority of profits come in off just a few small bets. Today’s review subject, Jackpot Julie, is one such service. I will say straight away, it is immensely profitable. WAP Bets’ proofing shows that Julie is a tipster who can clearly do very well for herself, and the punters who follow her. The thing is, this is only a part of the picture.
The fact is that whilst Jackpot Julie has undeniably performed well, there is a lot surrounding these numbers. And that is why I felt it very important to provide that context about overall profit being the last word. Because Julie has had some ups and downs. There will undoubtedly be more of them in the future. And whilst I can completely see why WAP Bets are excited about this, I am a realist. That excitement does need to be tempered to some degree. So, with all of that said, let’s get into this and see what’s what.
What Does Jackpot Julie Offer?
Because of the nature of the bets involved with Jackpot Julie, there inevitably has to be some a strong structure to the service. Fortunately, this is quite clearly laid out. A glance at the proofing shows immediately that Julie has a firm handle on what it is she wants to do. By the same token, there are elements of flexibility here that appear to demonstrate a willingness to avoid the traps of this kind of betting.
So, let’s talk about the management side of things. WAP Bets send out Julie’s selections on a near daily basis. This is incredibly important to note. Now, there are bets on most days, but it is reassuring to see that there aren’t bets that are advised through Jackpot Julie just for the sake of it. It suggests that there is a solid understanding of betting behind all of this.
As is pretty much standard fare for a modern tipster service, selections are sent out directly via email. These land with a decent amount of time given to get the bets placed which is ultimately necessary. Because for reasons that I will explore a little later, you have to act fast if you want to get the most out of Jackpot Julie.
Unfortunately, the types of bets that Jackpot Julie is based on aren’t something that you can easily leverage to shop around for the best odds. But I also don’t feel like you necessarily need to do this either. WAP Bets’s proofing shows that the most important thing you can do is simply get the bets on with a bookie that offers BOG, because there is a substantial drop off to SP.
Now, let’s talk about Lucky 15 bets. For those who may not be familiar with these mammoth bets, they bring together 4 selections each day. These are combined into 4 singles, 6 doubles, 4 trebles, and a four fold acca. The idea is that you don’t have to stake a huge amount to still see some massive returns. And of course, the more you get right, the more profitable these bets will be.
Something that Jackpot Julie does a little differently though is focus on each way Lucky 15 bets. Off the top of my head, this isn’t something that I think I’ve really seen all that often. But thinking about it now, what Julie is doing ultimately makes perfect sense. You get to drastically minimise risk because you’re theoretically winning more often (I’ll pick this up a little later), but if you score a big win, it’s still huge. Something that has been adequately demonstrated.
For some context on this, a Lucky 15 earlier in August ended up producing 756 points of profit. There are some massive winners. Something that I do like about the approach that Jackpot Julie takes though is that the individual selections are generally quite modestly weighted. WAP Bets’ proofing shows that on a consistent basis, Julie will pick out horses that are at quite modest to middling odds. This ensure that you actually get consistent winners.
What you will need to keep in mind though is that the betting approach taken with Jackpot Julie does come with some considerable investment. At the end of the day, you will be staking 15 points per bet (0.5 points each way). That’s quite a lot however you want to dress it up. Now I will admit that for most people they’re unlikely to be staking £10 per point. And given that you’ll need a pretty sizeable betting bank, that is probably for the best.
One thing that does interest me about Jackpot Julie is the strike rate. Usually with this sort of thing, you lose a lot. That is inevitable given the types of bets that you’re placing. However, WAP Bets show that at the time of writing, Julie has hit an average strike rate of around 40% over 5 months. A very impressive figure all things considered.
How Does Jackpot Julie Work?
There are a few very obvious things about how Jackpot Julie “works”. Firstly there is bringing together the selections into a Lucky 15. This isn’t anything new at all and has in fact been done with numerous other tipster services. The thing is, with the right approach this can be a way of extracting substantially better value out of your bets. Of course, that comes with certain risk vs reward, but it is very valid.
Where Julie seems to be doing things a little bit differently is implementing that each way element. It definitely cuts down on the profit potential per bet, but I feel like ultimately you reap more rewards by virtue of winning less, but much more frequently. This is where Jackpot Julie starts to really stand out compared to what I would consider to be comparable competition as well.
Something that is a good thing to see is that WAP Bets actually provide some insight into how Julie actually finds her selections for Jackpot Julie. It isn’t that substantial. What we’re told is that there is she has a financial background and that she’s taken “her demanding skills and years of experience with crunching numbers and applied them to the arguably more complex art of ‘maths of Horse Racing’”. It ain’t a lot, but it’s more insight than some services provide.
As a final point, it is worth noting that WAP Bets also provide incredibly comprehensive proofing for Jackpot Julie. This is updated daily with results shown to both BOG and SP. As such, whilst I’d always like to see more information on the selection process, I think it’s very fair to say that you don’t come into this blind.
What is the Initial Investment?
If you want to sign up to Jackpot Julie there are a few different options available that differ quite significantly in terms of the initial outlay, and the value for money to be had. Firstly, WAP Bets and Julie have a monthly subscription. This is just £34 per month which honestly, is a very reasonable cost for a service like this.
There is much better value to be had if you sign up to a quarterly subscription though. This is just £65 per month, but also comes with your first quarter at a reduced price of £35. That makes for an incredibly accessible way into Jackpot Julie.
The best value however comes from signing up for 6 months. This isn’t subscription based and will cost you a one time payment of £66. That is a very substantial saving over paying for Jackpot Julie monthly, ultimately, isn’t that much more to pay out.
What is the Rate of Return?
At the time of writing this, Jackpot Julie has produced a profit of about 700 points to BOG. It has performed admirably. To SP, this drops quite significantly to 560 points (which is exactly why I said it’s important to get the bets on ASAP). But there does need to be some context provided for this.
First things first, these kinds of results aren’t plain sailing. WAP Bets show two losing months of 41.48 points and 35.46 points. Those are quite significant if you aren’t prepared for that kind of pattern. And make no mistake about it, I do think that you will see these kinds of results again in the future. That is simply the nature of Julie’s approach to betting.
Furthermore, I think that it is quite important to contextualise all of this. Whilst the points profit for Jackpot Julie is absolutely immense, the ROI is much more modest. A little over 35% (a little under 30% to SP). That is still an impressive result. Julie has done very well to achieve this, but it does show that significant investment is required in order to actually see this profit.
Conclusion for Jackpot Julie
Jackpot Julie isn’t something that will suit everybody. If you don’t have deep pockets or you aren’t willing to scale back your stakes, this will probably be a struggle. If you aren’t open to potentially facing long losing runs, the same thing can be said. But if you are willing to deal with all of that, then I think WAP Bets are onto something genuinely quite good.
I do want to qualify that a little though. For my money, I see Jackpot Julie as being something really quite good to add to a betting portfolio. Whilst I can see this producing a relatively consistent profit in the longer term (let’s not forget that ROI and the strike rate), it isn’t something that you can necessarily draw from on the regular.
For my money, I want a core tipster service to be something that doesn’t have much in the way of irregularities. A long moderate climb is better than peaks and troughs. Now, if you already have that service, and you’re looking for something to add a little spice, then this becomes a very attractive proposition.
The thing is, these aren’t issues that are unique to Jackpot Julie. I’ve seen a number of services that are based off similar premises to what Julie is doing here and the end result is always the same. When the going is good, it is the best. Let’s not forget that in August, this made double what some tipsters will make in a year. 482 points to be precise. Even at £1 a point, that’s a week in Spain if you shop around.
That is also framed by months where Jackpot Julie has lost 41 points and 35 points. In the grand scheme of what Julie is doing, these aren’t big numbers. But being 41points down on a betting bank is never a good feeling. It takes a lot to stick through that, and the blunt truth is that a lot of people don’t have the discipline and fortitude to ride this kind of thing out. Which is part of why I say I don’t see this as a core service.
But if you are experienced. If you’re used to the ups and downs that betting brings and don’t mind them being amplified (potentially quite substantially), then this is a bloody good looking starting point for expanding your betting. And in theory, the fact that you’re betting on an each way basis will help to mitigate losses. You shouldn’t take your eye off the fact that there is strong potential for drawdown though.
So, would I recommend Jackpot Julie? I think it’s probably worth considering as a punt. £66 isn’t an inconsiderable amount to pay out. I can appreciate that makes it quite a pricey punt. But WAP Bets show that Julie has performed well enough so far and there doesn’t seem to be anything to show that that will change. This isn’t a service that I think will suit everybody though.