OddsGod Review – Betfan

OddsGod is a relatively new to market horse racing tipster service which is being offered through the Betting Gods platform. The service boasts some very promising results indeed.

Introduction to OddsGod

I feel like it’s been some time since I’ve looked at anything from the Betfan family. Which honestly, is a bit of a shame. Whilst I will happily admit that not everything they put out is to my tastes, they are also home to some of the most profitable tipsters I have encountered. And that really isn’t something I say lightly. Of course, I also don’t necessarily recommend those tipsters either, so… Take what you will from that.

The subject of today’s review, OddsGod, is another service that they have launched which carries so much potential. I won’t lie. Betfan’s proofing for this service is arguably amongst the best that I have seen recently. We’re talking about hugely profitable months. And this makes sense. The sales material makes reference to winners at odds as high as 43/1. That is a monster of a winner.

Honestly, it has been some time since I’ve looked at a service an so transparently been impressed with what I’ve seen. With all of that said, there are also some… shall we say, questionable elements as well? They don’t necessarily make the service better or worse, but it does mean that following OddsGod isn’t a as straightforward a decision as Betfan make it out to be.

What Does OddsGod Offer?

When it comes to a tipster service, wherever possible, I think that simplicity is a good thing. Let’s be honest for a minute here. If you’re signing up for a tipster service, you are doing so because you want the hard work done for you. And if that culminates in you placing strange bets or having to search out the best odds etc… well, that is, at the very least, busy work.

OddsGod though seemingly has simplicity running through pretty much all elements of the service, and that is not a bad thing at all. Whilst this is definitely applicable to a number of things, I want to start by focusing firstly on the logistics.

This is, in no small part, because there doesn’t necessarily have to be a lot to say here. Betfan are arguably the biggest (genuine) tipster stable in the UK, if not the world. With this inevitably comes a lot of experience managing tipster services. And this is reflected in how OddsGod is managed.

Now, OddsGod is effectively a daily tipster service. There may be a very occasional no bet day, but that is going to be the exception rather than the rule. As you would expect, selections are sent out directly via email to subscribers, as well as being made available via a member’s area on the Betfan website.

The amount of information provided here is… Reasonable. There is more than enough detail provided that you know what to look for when placing your bets. This includes advice on odds. Something that is disappointingly oft overlooked, but actually is a key part to ensuring you’re getting value from OddsGod.

Selections are typically sent out in the morning, although as Betfan state, there is plenty of time before the off. Unfortunately, there doesn’t necessarily seem to be much in the way of a specific pattern here. Just, you can expect them earlier in the morning.

Moving on from the logistical elements, I want to talk a bit about the bets themselves. And once again, I am brought back to this idea of simplicity. The bulk of the bets that are advised through OddsGod are on an each way basis. There are also single bets, as well as a few smaller accumulators. Examples in Betfan’s proofing have shown patents as well as some doubles.

All of this again adds credence to the fact that this is all straightforward enough. However, there are a few points that are rather contrary to this, and they are very important. Firstly, the odds that you will be betting at. Most bets advised through OddsGod are higher than single figures. Realistically, you will often be backing horses are more than 20.00.

That isn’t going to be a problem for a lot of people, but as I will discuss soon, this inevitably has a knock on effect on other elements of the system. But honestly, this is simply a part of how OddsGod works. You are backing horses at longer odds. That won’t suit everybody, but ultimately, it simply seems to be a part of the strategy.

Slightly more concerningly for a lot of people will be the volume of bets that you are placing. It is very uncommon to see a day where there are less than five bets. There have historically been days where there have been as many as ten bets though. This means that realistically, you will definitely need deep pockets to make OddsGod work.

This is in no small part down to the staking plan as well. The vast majority of bets are advised to be backed to just 1 point stakes. Which is fair enough and relatively manageable. However, Betfan’s proofing for OddsGod shows that there are also quite frequently bets advised to as high as 5 point stakes. This isn’t often, but it is enough to make you think twice.

The fact of the matter is that substantial losing streaks are just a common affair here. You don’t have to look hard for losing streaks of ten or more bets, and because of those stakes, the drawdown is quite significant. For example, a randomly selected period of 13 losing bets saw 25 points lost. All over a period of just 2 days.

And yet, the overall strike rate doesn’t seem to be reflective of this. You are consistently seeing figures of between 25% and 30%. However, this is also a bit misleading. Because it does factor in horses that place and make a minute profit. These kinds of wins don’t ultimately contribute much to the wider profit potential of OddsGod though.  

How Does OddsGod Work?

It is rather frustrating that there isn’t really a lot of information provided in terms of what OddsGod actually entails as a system. All that you really get are statements within the sales material for Betfan which say that the tipster behind the service places the exact same bets that he recommends. We are also told that you get access to “the best bets of pro punters”.

The thing with this is that you don’t really have to be particularly astute to realise that you aren’t really being told anything here. With that said, there are certain insights that I believe one can gain from looking at the proofing.

It appears to me that OddsGod is a service that is heavily invested in identifying value bets. I can’t help but feel (or perhaps I should say hope) that 50.0 point bets aren’t being advised without good reason. And in my experience with this kind of service, these bets are usually based around horses that have been undervalued by bookies.

All of this is ultimately speculation on my behalf though. The fact is that the true intricacies of the selection process for OddsGod aren’t going to be discussed. What I can say though is that Betfan’s proofing is very comprehensive. This means that at the very least, you can look at this and get a reasonable idea of what to expect in terms of the ebb and flow of the service.

What is the Initial Investment?

There are a number of different options available if you want to subscribe to OddsGod, each with wildly differing value. The option with the lowest outlay is a weekly subscription. This is priced at £15.

The second option for OddsGod is a “monthly” option. This is priced at £45, however, you should note that Betfan charge this every 28 days. Whilst this doesn’t necessarily seem like a large distinction, it does mean that you will end up paying that amount 13 times per year. This means that it is pricier than it even initially seems.

A quarterly subscription is available which is priced at £126 every 90 days. This is a definite step in the right direction in terms of value coming in at £42 per month. This average cost is representative of an actual monthly cost. Finally, representing the best value option for OddsGod, there is a 6 monthly subscription. This does have the largest outlay however costing £214 per month. Although as Betfan highlight, it works out a £35.67 per month.

It is worth noting that as is the case with all products from the Betfan group, there is no money back guarantee in place. They do say that they will review any refund requests, but these aren’t something that are typically extended.

What is the Rate of Return?

By far and away the most impressive element of OddsGod is the income potential. The proofing from Betfan shows that there have been 6 months of betting at the time of writing. In this period, there have been profits of 412.82 points generated. This includes 2 months that have exceeded 100 points of profit.

Honestly, it looks like there is very strong potential for these kinds of results to continue in the future as well. As I’m writing this, June sits on a respectable 22.8 points in 4 days. This has come about as a result of a number of wins, although the bulk comes from winners at 5.63, 6.30, and a 14.40 winner. This is a small sample of data, but it does paint a picture of what to expect moving forward.

Conclusion for OddsGod

 I’ll be quite honest with you. I rather like what is being done with OddsGod. It is a very interesting looking service, but more than that, it looks to be a very profitable one. And let’s be honest, in many respects, that is the bottom line for a lot of us. Is it making a lot of money? And yet, there are a few misgivings that I have about this.

I know this is massively at odds, so let me explain myself a little bit first. When I write about a system, I really try to think about everything. It isn’t just about the bottom line, it is about how workable the profit actually is. And in the case of OddsGod there are a number of elements that I don’t think will allow this to be workable for everybody.

One of the main things is definitely the volume of bets and the stakes that come with it. Those numbers of bets that are very high. Whilst placing 5 bets per day doesn’t seem like a massive amount, it is, generally speaking a minimum. That can start to add up, especially when you get those bigger days.

This kind of betting isn’t necessarily a problem if you have been betting for a while and have the discipline and understanding of long term profits. But it can be difficult when you’re £250 down in just a few days.

Building on this, there is the fact that whilst the strike rate looks pretty decent, a lot of wins tend to be smaller. So you aren’t even offsetting that drawdown until you have a bigger bet land. Is that a dealbreaker? It shouldn’t be. But it is something to keep in mind.

On top of that, I do think that this is quite expensive. One of the single most frustrating elements when dealing with Betfan in my book is their insistence on a monthly subscription being every 28 days. It adds unnecessary additional expense and in the case of OddsGod, it means that your actual monthly costs come in at £48.75. That is more than I’d generally recommend paying for a service.

Sure, there is more value to be had in longer subscriptions and I am certain that Betfan would raise this as a counterpoint. But that is only beneficial for those who have the privilege of £200 lying around that they can drop on a tipster service, without thinking too much.

With all of that out of the way, HOLY CRAP, is OddsGod profitable. In terms of their full months of betting, the lowest profit achieved was 73.23 points. And with 4 consistent months of this, I feel like it may be reasonable to say that this is a pretty good indicator of what you can expect for the future as well.

But personally, I’d hold off on OddsGod right now. Horse racing has just restarted and there are no guarantees that the service will hit the ground running. This might not be a problem if you’re losing a few points here or there, but when you can lose so much in a single day, it creates a situation that just isn’t ideal.

With that in mind, I would say that OddsGod is really worth a look. But I say this with the caveat that I’d see how June gets on. Give it a few weeks and then look at deciding if it is worth paying out for. Especially because whilst horse racing has restarted, it will definitely take a bit of time for everything to just… establish itself again. And there is potentially a lot of risk, at quite a high price, here whilst that happens.  

 

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From: Simon Roberts