Oz Racing Review – Premium Sports Tipsters

Oz Racing is a new horse racing tipster service which is being offered by the Premium Sports Tipsters. It is rather unique in so much as Ethan (the tipster behind the service), focuses on Australian horse racing.

Introduction to Oz Racing

The way that Premium Sports Tipsters have pitched Oz Racing is quite a good one. It taps into something that is so appealing in a way that feels almost primal to me. Waking up richer than you were when you went to bed. More specifically, the say “PROFIT WHILE YOU SLEEP – NIGHT AFTER NIGHT!”. Honestly, it doesn’t get much better than that does it?

Combine this with the fact that Ethan focuses on a niche betting market in Australian horse racing, and things become even more appealing. After all, with so many tipsters focused on the UK scene, this makes for a tipster service that should slip into anybody’s betting portfolio.

Of course, all of this is well and good when it is put down in print like this, however there are a number of not unreasonable questions that can still be asked of Oz Racing. So let’s boil this down to the most important question. Is it actually any good?

What Does Oz Racing Offer?

In terms of what you are ultimately getting from Oz Racing, Premium Sports Tipsters aren’t really doing anything that could be considered particularly interesting. Especially if you look at the service from a purely logistical standpoint.

Selections are issued on a frequent, although a long way from daily basis (which is quite contrary to Premium Sports Tipsters’s sales material). In fact, looking at the proofing from Premium Sports Tipsters, Ethan will quite often have 3 or 4 day periods where there are no bets that are advised. There isn’t necessarily anything that is inherently wrong with this, however you should keep it in mind.

As you would expect, selections are sent out directly to subscribers via email. Where there is considerable difference however is in terms of the timing of these. Oz Racing selections are typically sent out in the late afternoon or early evening. This of course gives you plenty of time to get your bets placed for the nights (or days depending on how you look at it) racing.

Moving away from the “how Premium Sports Tipsters run things” side of Oz Racing, I want to talk about Ethan’s bets. These are an eclectic mix of straight win bets (which make up the majority), each way bets, and the occasional place bets. There  have even been some doubles. Whilst none of these are necessarily problematic in and of themselves, you may still find yourself struggling to get bets placed.

This is down to the fact that whilst there are a number of bookies that don’t accept bets on Aussie horse racing all the time. There are still plenty that do however with Bet365, Betfred, and Betfair/Paddy Power all taking bets. On top of this, you also have the option to use an exchange of course.

Sticking with the subject of the bets, there is a range of odds that you will be backing horses at. These can start at just less than odds on and go all the way up to 16/1, both examples which have been placed within the last month.

Another area where there is plenty of variety with Oz Racing is the volume of bets. By and large, you can expect to receive between 1 and 5 bets on a given day. Sometimes though, this number can get as high as 8 selections. In and of itself, I don’t see this as a massive problem, however when you put it next to the staking plan that is in place, it does become a concern.

When it comes to the stakes, you are given details of how much to bet on each individual selection. This can range from 1 point all the way up to 6 points. What really bothers me is that you definitely see more of these higher numbers than the lower. This means that even the 200 point recommended is very much needed.

On top of this, Premium Sports Tipsters offer a compounding staking plan which definitely has potential to increase the available profit for Oz Racing. It does however also mean upping the stakes as you go. I won’t go into any more detail on this though. The compounding plan is kept behind a paywall and I don’t think it is fair to everyone involved to go putting this out for free.

None of this would be a problem if Oz Racing were winning particularly frequently, and looking at the strike rate, it is. Ethan does a respectable job in producing a number of some 39%. This is higher than I would typically expect for a back to win tipster service.

What should be factored in here though is that the range of odds mean that there is a strong chance that these results are skewed by a number of smaller priced winners. Something that a cursory glance suggests may well be the case.

How Does Oz Racing Work?

One of the things that Premium Sports Tipsters should be commended on is the fact that they are quite transparent and open about what methods Ethan uses to find his selections. Don’t get me wrong, this isn’t some super detailed breakdown of everything, but it does give you a bit of an idea of what to expect.

So, what is Oz Racing based on? The sales material says that Ethan uses his own “detailed ratings system”. What goes into this isn’t explored, which I personally profess to be a little disappointing. None the less, you at least know that he isn’t reading tea leaves to try and find winners.

In and of itself, I would probably find this to be a little problematic, but Premium Sports Tipsters have fully proofed Ethan’s selections since January. This provides a decent sample of data that you can look at to gain a picture of what to expect. They also claim that they have seen results going back to last year which average 95 points per month.

What is the Initial Investment?

What Premium Sports Tipsters are asking for Oz Racing is, in my opinion, a little steep. A “monthly” subscription to the service is priced at £40, however you should note that Premium Sports Tipsters are charging this every 28 days. This means that you will pay this out 13 times in a year and so is not really monthly. The second option is a quarterly subscription which is priced at £85 for 90 days.

It is worth noting that at the time of writing, you can actually get access to either of these options on a trial basis which provides you with 50% off. This means paying £20 for your first “month” or £42.50 for your first quarter.

Premium Sports Tipsters take payment for both options directly via Paypal. There is no mention of any money back guarantee or refund policy being in place, and as such I wouldn’t anticipate anything like this.

What is the Rate of Return?

Now we get on to the part of Oz Racing that seems to be particularly impressive. Keeping in mind that at the time of writing, we are 7 months through the year, Ethan has generated a profit of 452.81 points to BOG. It is worth noting in my opinion however that if you look t the SP, you are at just 23.76 points of profit. That is a huge difference.

It is worth keeping in mind as well the fact that both of these options were bolstered by a particularly big win in April of 153.6 points. Whilst this is undoubtedly exceptional, it appears to be very much contrary to the norm.  

Conclusion for Oz Racing

In my opinion, there is not a whole lot of middle ground when it comes to Oz Racing. There are some massive positives, and there are some… Well, there are some pretty negative things as well. Quite where you will end up will be a very personal preference, but I think that you should look at both sides of the argument.

First of all, I want to address the positives. To BOG, Oz Racing has produced a very strong profit in just 7 months. If he is able to continue with this average monthly profit, you could hypothetically end the year on some 776.2 points. That would be a phenomenal result and make no mistake.

I also think that in focussing on Australian horse racing, Ethan has found a way to really make Oz Racing something different. This is a niche that I have seen a few times, but never with results that are similar to what is being offered here. Put bluntly, I love that tag line idea of waking up in the morning and cashing in your bets.

On top of this, I think that the strike rate that Ethan has obtained is pretty respectable. It isn’t going to blow your mind, and you aren’t going to be winning every single day. But, given the range of odds, I think that it is more than fair to call it a decent result.

With that out of the way, it is time to look at some of the less impressive elements of Oz Racing. First of all, there is the pricing. Oz Racing is pretty expensive. At £40 per month, I would consider it to be towards the top end of what I would expect to pay for a tipster service, but the fact that a month is 28 days means that your average calendar month costs come out at closer to £45.

On top of that, I am really not sold on the staking plan. I just can’t see a world where staking up to 6 points on a regular basis doesn’t carry some quite considerable risk. This isn’t really mentioned anywhere in the sales material, but for me, that is quite an important consideration.

Coming full circle and returning to the results, if you don’t have access to BOG bookmakers, then for me it simply starts to fall apart. That SP profit is frankly terrible. Now, admittedly, you aren’t necessarily going to end up at just 23.76 points, because you will likely get higher than SP odds. But it would be naïve to simply ignore the disparity that is on show.

On the subject of the staking and profits, I also think that you should really think about how much you are ultimately investing in order to get these kinds of returns. There is no published ROI for the service (and no easy means of calculating it), but I would expect this to be quite low.

So, what do I think of Oz Racing? Fundamentally, I will admit that I quite like the idea of the service. I just wish that it were a little more balanced. Those 5 and 6 point stakes are quite a lot to bet, and as I’ve said, their impact on the results cannot be underestimated.

I wish that we had an ROI, just so there is an accurate portrayal of the results. That would really help to make or break the service in my opinion.

On top of this, I would realistically expect to pay less than is being asked for Oz Racing. Not even by a huge amount either, but £43.33 per month is simply more than I would be willing to pay for a service with such hugely differing results.

Ultimately, this isn’t for me for the reasons that I have mentioned. Don’t get me wrong, I don’t think that Oz Racing is a bad service. There are some things that stand out as being worthwhile. I just think that a lot is being asked when you factor in all of the elements that ultimately impact the potential profitability.  

 

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From: Simon Roberts