Pegasus Bets is a new horse racing tipster service from Martin Pegg, a supposed former bookies executive. It claims to be able to produce a huge income in a comparatively short space of time.
What does the product offer?
The sales material for Pegasus Bets is seemingly outstanding and to somebody who were less cynical than I, it could possibly seem like they have stumbled upon the holy grail. The claims that Martin Pegg makes are exceptional to say the least, however I always say that exceptional claims require exceptional proof. It is interesting then that one of the first things that Martin Pegg has to say about Pegasus Bets is that unlike other services, he does not make bold claims and then deliver nothing. Pegasus Bets is supposedly “the real deal”.
So what can you expect from Pegasus Bets as a service? Well Martin Pegg says that his tips are the best in the business, a bold claim but it is clear from the get go that lots of these will be made.
Unfortunately, there is very little information made available about what the service entails which is concerning to me.
What I can tell you is that it is a daily horse racing tipster service with selections issued each morning via email. According to Martin Pegg, all that you have to do is place his bets, sit back and watch as the cash comes pouring in.
This is quite literally all that is said about how Pegasus Bets is operated. There is no information made available about the number of selections or what kind of odds you will be betting at.
There are no details about staking either. Something that I was anticipating given the claimed income potential. Most importantly (and least surprisingly) Martin Pegg provides no proofing whatsoever for Pegasus Bets. This means that there is no record of his claimed betting activity and no way of calculating any strike rate etc.
How does the product work?
Where Martin Pegg tells you almost nothing about Pegasus Bets as a service, he is happy to talk extensively about his claimed background and how this has impacted his betting approach.
I should say that the accusations that Martin Pegg levels here are rather substantial. Whilst they neatly fit the paranoid mentality of a consistently losing bettor, there is very little in the way of evidence to suggest that any of it is actually true (once again, not surprisingly).
The background of Pegasus Bets reads more like a copywriter’s fantasy rather than anything that has any basis in reality (and for the record, I can find no evidence of Martin Pegg existing).
Supposedly starting out at the bottom of the ladder at a local bookmakers, Martin Pegg worked his way up to becoming an executive at a supposedly young age (I feel it is important to point out that there is no job title provided, just something that sounds impressive).
From here he was able to meet “key players” in the industry including “jockies, trainers and stablehands”. According to Martin Pegg, the whole industry is corrupt and money often changes hands between bookies and trainers to determine winners of a race beforehand.
This is a very significant allegation and as mentioned, one that there is no real evidence for. None the less, the sales material for Pegasus Bets builds on this with Martin Pegg saying that he uses his contacts to find out this insider information on who is going to win a given race.
What is the initial investment?
There are two options available to you if you subscribe to Pegasus Bets. The first of these is 6 months of selections for a cost of £19.99 or alternatively, you can sign up for a full year for £29.99.
Because Pegasus Bets is being sold through Clickbank, this means that it also comes with a full 60 day money back guarantee should you be unhappy with the product. It is interesting to note however that both subscriptions run substantially longer than this and as such I would anticipate some resistance to this.
What is the rate of return?
In just 10 months, Martin Pegg claim that his tips have made over £75,000. In under 10 months. The “testimonials” are all suspiciously in line with this claiming to have made around £7,500 per month consistently.
The claim of making £250 per day also perfectly fits this projected income. Unfortunately, as mentioned before now, there is no proofing to back any of this up and the only evidence that is provided for Pegasus Bets is a very questionable screenshot from Betfair.
Conclusion
I’m convinced that every other week there is another shoddy tipster service being pushed by the affiliate marketing mafia (a term I am unashamedly adopting from a comment on another review).
These tipster services all have a few things in common such as claims of being high income or particularly low risk, they are rarely provided with any real evidence and they are all heavily pushed by the same affiliate marketers that put these products out. Unfortunately, I am yet to see a single one that has worked in the long term and few that work at all.
With this in mind, of course there is very little about Pegasus Bets that I would recommend.
It doesn’t take a lot to see through the questionable sales techniques employed by Martin Pegg, and yet it is surprising how many vulnerable people will buy into the slick looking website and the hope of being financially independent. Personally, I see nothing of value here.
With more insight and a lot more evidence, I would possibly rate Pegasus Bets as something of a gamble, but as it stands now it is transparently questionable. With that in mind I would give Pegasus Bets a complete miss, even at its seemingly bargain price.
This is a ridiculous claim,I signed up to his service and in a word it’s crap.
I have never known a man who can tip so many horses that finish last in races, as did the 2 he tipped today, am just waiting to make it a hat trick with his last one this evening.
Complete waste of money and time, enough said.
PS,why does he not publish his winners I will tell you why because I don’t believe he has had any.