One Pound Method is a new to market horse racing tipster service which is supposedly operated by one Eddie Jacobs. He claims that you can make a very substantial income through following his betting advice.
Introduction to One Pound Method
As I am on record as having stated multiple times, I find the marketing of betting products and services almost as interesting as the products and services themselves. Some provide little insight but plenty of factual data that you can pore over. Others will talk at length about their approach to horse racing to allay you of any concerns. Then you have services that just throw numbers at you. These take a variety of formats from repeating esoteric numbers over and over, to simply claiming a massive profit in the headlines. They are frustrating.
It is also worth noting that today’s subject, One Pound Method, definitively falls into that latter category with a headline that says that Eddie Jacobs (the tipster behind the service) has made £104,000 in a single year. That is one hell of a claim to make. As such, I don’t think that’s necessarily unreasonable to expect that there is actually a decent amount of evidence to back this up. But… Well, there isn’t really. This is something that is very much conspicuous by its absence.
Now, I know that it sounds like I’m coming into this with a particularly negative attitude. And I will concede that I am incredibly sceptical. But I will aim to keep an open mind, because the fact is that if Eddie Jacobs can deliver just a tenth of the claimed income for One Pound Method, then it would still be a potentially big earner, right? Well, there is a lot of nuance here, so, let’s get into it and see if this is worthwhile.
What Does One Pound Method Offer?
Under normal circumstances, I’d look at something like One Pound Method as being a rather simple affair. And in many respects, it is. However, there are also elements here that… Add complications, shall we say. Now, in and of itself, this doesn’t have to be a bad thing. I don’t mind any betting or tipster service being more complicated if it adds value, here though, it has more to do with obfuscating information than anything else.
Now, I will get to this when the time comes, but for now, let’s talk about the logistics here. Because it is quite apparent to me that managing a service isn’t really Eddie Jacobs’s strong point. This isn’t something flippant based around a single element to pick on either. Pretty much everything under this umbrella is… Well, it’s lacking, to be frank.
First things first, let’s talk about one of the few elements that is, at best, “solid”, and that is how emails are sent out. Now, this is more down to Eddie Jacobs doing the bare minimum with One Pound Method rather than it being anything particularly good. Specifically, I am talking about the fact that selections are issued directly via email. This is basically industry standard, so I’d expect it.
The content of those emails is also the bare minimum, however, this is in much more of a negative way to be honest. What you receive is enough information to get a bet placed, but that is about it. This might not sound terrible, but it leaves you wide open and on your own in one of the more important elements of any betting service, and that is getting value.
In the sales material for One Pound Method, Eddie Jacobs says that you should simply place his advised bets and that you can do this “easily by using your mobile phone, tablet, or a visit to your local bookmaker”. This somewhat lackadaisical approach combined with a lack of insight into odds means that you should really be looking to ensure that you are maximising the potential returns.
Of course, this means that you should be aiming to use an odds comparison site. Something that I feel like I say an awful lot. But the fact of the matter is that when Eddie Jacobs is throwing you in the deep end like he is with One Pound Method, you should be looking to maximise your winnings. Especially because what I have seen of this shows that you will typically be backing horses at pretty long odds.
This is demonstrated nicely in the hugely limited evidence that is provided for the service. Eddie Jacobs shows 5 examples of winning bets, all of which have been at odds of between 7.00 and 8.00. Now, this isn’t going to be the case all of the time. There is some leeway either side of this number, but it does give you some idea of where you are. And as you can probably guess, you won’t exactly be winning all that often at these kinds of numbers.
That isn’t to say that Eddie Jacobs actually gives evidence of a strike rate or anything. Why would you possibly want to see this? And I am somewhat loathe to use the small amount of data that I have seen as a basis for drawing any kind of conclusion. But I will say that it doesn’t really look good for One Pound Method as it stands.
In terms of the bets that are advised, well, One Pound Method is a horse racing service. There just aren’t that many types of bets that you can place without delving into accumulators. Something that is shown in full effect here with Eddie Jacobs exclusively (at least, from everything I’ve seen so far) providing selections to be backed on a win basis.
One of the few areas where the is (somewhat) full transparency lies in the fact that this is a level staking affair. Everything I have seen suggests that One Pound Method will exclusively involve betting 1 point on each selection. Now, the sales material shows that Eddie Jacobs bets £100 per bet, however, we are also told that you can simply bet as much as you want.
How Does One Pound Method Work?
With all of that out of the way, we come to what is, by far and away, the biggest issue with One Pound Method. Namely that Eddie Jacobs doesn’t actually tell us anything about how the service works. I feel like this is something that I’ve said many times before, but it has been a fair old while since I’ve seen something as lacking as this.
Effectively, everything boils down to the fact that Eddie Jacobs is an accountant. Sort of. He says that he uses his “skills as a Master Accountant”, but then, he also suggests that he opted to ignore university in order to pursue a career dealing making money through horse racing betting. So… I’m not really sure what’s going on there. But that is a bit of a recurring theme with One Pound Method, if I’m completely honest.
Either way, we are told that Eddie Jacobs is able to lean on a “remarkable talent for all things mathematics” as “Horse racing is all about numbers”. This is something that sort of makes sense on paper. It also tells you something, whilst actually not really saying anything. Everything just seems to hinge on the fact that you are dealing with some kind of mathematical genius who is able to use that for profit.
Rather frustratingly though, there is just no evidence really backing this up in my opinion. About the closest that we come to this is a screenshot of a Ladbrokes betting account and a screenshot of 5 winning bets spread out over some 3 weeks. Which is of course a long way from any real proofing.
What is the Initial Investment?
If you want to sign up to One Pound Method, there is just one option available. This is a one time payment of £39.99 plus VAT, which honestly, doesn’t seem too bad given that Eddie Jacobs is seemingly offering the service for life. This is almost definitely going to be more a case of the life of the service rather than anything else. We are told that this is simply to cover administrative costs, but I don’t really believe this.
One of the few parts of One Pound Method that is a positive is that there is a full 30 day money back guarantee in place. This is well advertised in the sales material by Eddie Jacobs, and it is also backed up by Clickbank. They are generally pretty good at ensuring that this is honoured.
What is the Rate of Return?
Now we come to the income potential. And of course, this is the main selling point here. Because the headlining number for One Pound Method is that you can expect to see profits in excess of £100,000. That’s a massive amount of money to make. What is interesting however is that because Eddie Jacobs shows that he advises stakes of £100, that means a profit of 1,000 points in a year.
For some context on that result, a tipster service with a decent profit will produce somewhere around the 250 point mark. If they are having a particularly exceptional year, you might see somewhere between 300 and 350 points in a year. That suggests that Eddie Jacobs’s selections for One Pound Method are making 3 times more than a tipster service that is massively on form. Keeping in mind that there is absolutely no evidence backing this up, that is a bit problematic.
Conclusion for One Pound Method
Nothing would make me happier than to find a tipster service that is able to make a profit of £100,000 in a year. I would love to be able to tell you that this is a service that is able to produce you 1,000 points of profit. One day, I may be in that position, but today definitely isn’t that day.
The blunt fact of the matter is that I don’t believe for a solitary second that the results that you can actually expect from One Pound Method are even vaguely in line with this. Because really, when it all comes down to it, I think that, at best, this is just an exercise in marketing that is trying to be cleverer than it necessarily is.
Now I know this seems like it could be a bit of a baseless accusation., so let me explain a bit. First thing first, there is of course the concerning lack of evidence. If we actually put all of our cards on the table here, what you are doing if you sign up for One Pound Method is simply taking Eddie Jacobs’s word that he is a mathematical genius who is able to make thousands of pounds through betting on horses.
Compare this to tipsters who are in a position to discuss their methods, their approach, that they actually understand the sport that they are tipping. You receive plenty of data, you receive insight into a selection process. This means that you are in a position to make an informed decision about what to expect. Whereas with One Pound Method… Well, you’re just not.
On top of this, there are other points to be made. In the sales material, Eddie Jacobs is referred to as… Well, Eddie Jacobs. However, if you look at the testimonials the tipster behind the service is referred to multiple times as George. That is a very different name and it somewhat casts doubt on One Pound Method to me. As do other things that are less transparent than even this.
If you look at the vendor who is selling One Pound Method, they are actually known to me. Because this isn’t actually the first product that they have sold. In and of itself, that isn’t a problem. But it is when the last service that they produced was plagued with a number of similar problems. It also quietly closed down not too long after launching. Round about long enough to avoid the money back guarantee.
Now of course, none of that means that definitively, One Pound Method will end up being the same. On balance of probability though, I wouldn’t expect otherwise too much. And that brings me to my final thoughts on One Pound Method. Namely, is this something that I would look to recommend?
Well, not at all surprisingly, I wouldn’t. The fact is that if I’m completely honest with myself, I can’t really find a single thing here that is worth recommending. Everything about the service is just… Well, it’s highly questionable. And as such, not even a low cost can save it. Because ultimately, if you aren’t paying a lot for a bad product, you’re still paying for a bad product. This really does deserve a very wide berth.
