Jumping For Profit is a long standing horse racing tipster service which is offered through the Tipster Street platform. As the name suggests, it deals exclusively with the jumps season.
Introduction Jumping for Profit
If you aren’t particularly interested in the sport, it can be easy to lump all horse racing together, and why not? A jockey rides a horse round a track, there is a winner, and then its done.
This is something that doesn’t really apply to most popular sports though because there is so much external difference. For example, rugby and football. There is a lot of crossover, but I doubt many people would think they are the same thing.
And just like you wouldn’t trust a rugby tipster to give you football advice, why would you trust a flat tipster to provide you tips for National Hunt racing?
Yes, that was a bit of a convoluted run in, but it does highlight rather well what Jumping For Profit is all about to me. There are so many “horse racing” tipsters out there that provide selections for all horse racing. But you can’t really be an expert in “all” horse racing.
I would much prefer to see somebody who knows National Hunt racing focusing their knowledge on that, and that appears to be what is on offer from Tipster Street with Jumping For Profit. I will be straight with you now, the results are mixed, but Jumping For Profit is also coming in to its 4th year, so that says something. Is that something buy me? Let’s find out.
What Does Jumping For Profit Offer?
One of the first things that stands out to me about Jumping For Profit is that unlike most tipster services which I look at, the tipster behind it doesn’t seem to be overly concerned with providing daily selections. Don’t get me wrong, most days there are bets available, however there are also times when there just aren’t any.
This is actually something of a positive. When selections are available, it is the typical operation from Tipster Street, i.e. Jumping For Profit bets are sent directly out via email to your Paypal email address.
The bets themselves are a combination of win and each way bets with the former being arguably slightly more prominent. As you might expect form National Hunt racing, there is a strong range of odds involved with Jumping For Profit.
These range from relatively short odds of 1.53 going all the way up to 26.00 although the average works out at 4.57 points. Finally, I just want to touch upon the volume of bets. By and large, Jumping For Profit is very reasonable with no excessive betting required. This is definitely a good thing.
Tipster Street do have a staking plan in place, however I will be honest and say that I find the execution to be a little bit… Well, superfluous, if I’m entirely blunt. It is recommended that all bets are backed to 2 point stakes or 1 point each way. This makes it a level staking system.
Furthermore, it is recommended that you use a betting bank of 200 points. What this means is that you could very easily simplify Jumping For Profit to 1 point stakes and a 100 point betting bank, but Tipster Street haven’t done that. I have my suspicions as to why that is and I will talk about them later.
Finally, I want to talk about the strike rate. I wasn’t really sure what to expect from Jumping For Profit however it transpires that I was expecting about 30%. I say that because when looking at the proofing from Tipster Street, the strike rate comes in at 33.46% a figure which just feels acceptable. It is respectable, but doesn’t feel excessively good either.
How Does Jumping For Profit Work?
One of the things that I always find frustrating when it comes to Tipster Street is that they don’t provide any real insight into how tipsters find selections. In the case of Jumping For Profit, we are told “’JFP’ has great experience in tipping on National Hunt racing.
This tipster is one of a few in the industry that can make consistent profits from this difficult niche area of racing.”. Sounds great, but how? Now, I am disappointed by this lack of insight however it is far from the be all and end all.
This is because Jumping For Profit also comes with full proofing. I know that I have mentioned this several times now but Tipster Street are really strong in this department.
That means that whilst we may not necessarily gain any understanding of the selection process, we can get a decent understanding of what to expect moving forward. This is especially compounded by the fact that there is simply so much proofing there with Jumping For Profit having some 3 years of data.
What is the Initial Investment?
There are two options available if you want to subscribe to Jumping For Profit. First of all, Tipster Street are asking £14.95 per month, a very decent offering. Alternatively, and offering better value, you can subscribe on a quarterly basis at a cost of £29.95.
Both of these options also allow you to trial Jumping For Profit for 30 days at a cost of just £3.95 which is decent. Unfortunately, there is no money back guarantee in place however I don’t see this as being a deal breaker with Jumping For Profit.
What is the Rate of Return?
The underlining thing for almost all tipster services is just how much money you can expect to make from them. In the case of Jumping For Profit, Tipster Street claim that the overall profit for the service stands at 191.39 points.
Whilst that doesn’t sound terrible at first glance, it does need to be put into the wider context of this being the culmination of 3 years of tips. It is however worth noting that Tipster Street have calculated that this does work out at an ROI of 5.36% however which isn’t great, but is still a fair chunk of money.
Conclusion on Jumping for Profit
In many respects, I really don’t think that Jumping For Profit looks like a bad service. The strike rate is about what I would look for, the stakes are reasonable enough and Tipster Street really aren’t asking a lot of money in order to receive selections.
In spite of this, I am really not happy with the service. Now there is only one reason for this and I think that it is the single most important reason that shouldn’t be happy with a tipster service. That is the amount of money that it makes.
5.36% as an ROI is better than you would get through a bank, and you could compound winnings etc. but that is only one element. Looking at the actual points profit, you could be forgiven for thinking that 191 points isn’t terrible, however this is based off 2 point stakes.
So if you actually scale this back a little bit to 1 point stakes (which give the fact that Jumping For Profit uses level stakes I don’t think is unreasonable), you get a much more accurate figure in my opinion, which is just over 30 points per year.
That just isn’t good enough for my money, and whilst I know that there are arguments to be made that I’m being unfair, I just don’t buy it.
I would much rather spend more money than I would on Jumping For Profit for a service that is significantly more profitable.
There are a lot of factors that can influence how I feel about a tipster service, but the fact of the matter is that ultimately, we are all looking to make money. If a service doesn’t make enough to compensate you for your time and the investment, then it just doesn’t pass even the most basic of tests.