Peter Profits is a horse racing tipster service which is operated by one Peter Grande. He claims that he is able to make a substantial profit through betting by taking a rather contrarian approach.
Introduction to Peter Profits
I’m always on the lookout for new ways of betting. So, when a tipster service lands in your inbox that claims to make a lot of money “Betting By Doing What Others Don’t”. Well, it’s hard not to prick your ears up. Especially when the marketing then makes a direct comparison to using the service like having money grow on trees. Honestly, how can you not be at least a little bit interested?
Which of course brings me to Peter Profits. And given the way that Peter Grande talks about his service, you’re on to a sure fire thing here. The claims that are made are really something else. And there is seemingly a lot of evidence backing these claims up as well. And as always, I really wish I could wrap things up there. But the evidence, frankly, is less than conclusive. In fact, I barely consider it evidence.
Honestly, I’m not even going to sit and look at Peter Profits and pretend that I could be wrong here. Because I don’t believe that I am. The fact is that what Peter Grande has put together here is riddled with faults. So, let’s get into this and see what exactly it is that I find to be so off putting about Peter Profits.
What Does Peter Profits Offer?
There is a lot of waffle when it comes to Peter Profits. Peter Grande makes a lot of claims, and as such, it makes it rather difficult to know quite where you are supposed to start when talking about his service. After all, he does what others don’t. That is something that I kind of want you to keep in mind when I’m talking about this.
Because the unfortunate fact of the matter is that I don’t really see anything when it comes to Peter Profits that is that different to what I haven’t seen from hundreds of other tipsters before. And this just applies to… Well, pretty much every element of the service really. And in my mind, that casts some doubt about Peter Grande.
First things first, let’s start by talking about the bets. Because Peter Grande actually makes a bit of a song and dance about these. Predominantly, his system is concerned with place bets. A fact that is interesting to me given that he also talks about how he was banned form Betfair’s Sportsbook for being too successful with his strategy. What is interesting about this exactly? Well, the sportsbook doesn’t offer place bets.
But you aren’t just dealing with place bets. In fact, Peter Grande is keen to point out that this is a big part of Peter Profits. He also advises horses to win, and back as an each way basis. We are told that the win bets are “those picks that I am confident on” whilst the each way bets are backed because he is not “willing to lose out on 10 pts profit when my pick wins”. It all sounds a little bit arrogant to me.
Especially because based off what I’ve seen, Peter Profits is a pretty unremarkable looking tipster service in terms of the odds. The way that Peter Grande talks about it, you’d be easily forgiven for thinking that you’d signed up to something that is really out there and exciting. But it isn’t. It seems to be a very middle of the road affair.
About the most interesting element is that Peter Grande says that he prefers to limit the number of bets that he places and spread his stakes out over that, than back a lot of horses. Of course, this does mean that Peter Profits is a relatively low volume affair. At the most, you will see around 5 bets per day.
In terms of the management of the system, as you can probably anticipate, there isn’t anything new here. Selections are made available on a daily basis and they are sent out directly to subscribers via email. Honestly, in this regard, Peter Profits looks pretty much like every other tipster on the market.
The quality of the emails that are sent out are… Well, if I’m honest, they’re better than some. At least Peter Grande puts a bit of additional advice in when he sends it out to Peter Profits subscribers (including information on the stakes, but I’ll be coming to this shortly).
Now we come to one of the things about Peter Profits that is… Well, it’s certainly intriguing. I noted earlier that Peter Grande says that his service is predominantly based around place bets, despite him saying that he used to bet on Betfair’s Sportsbook. In the sales material, you are also advised to use Betfair’s Exchange.
But not because you can’t back a horse to place with most bookies. Nope. We are told that you should be using the exchange in order to protect your accounts. And this discrepancy is rather important to note in my opinion. Because it overlooks a fundamental part of how the service works.
In terms of the staking plan, Peter Grande provides instructions when he sends out the email to Peter Profits subscribers. Unfortunately, there doesn’t seem to be any hard or fast rules. This isn’t necessarily a problem if you have a tipster that you trust advising you. But here… It’s a little concerning.
Outside of that… Well, there just isn’t really a lot left to talk about. The only other expectation that I would have for Peter Profits is at least some idea of what kind of strike rate to expect. Honestly though, I didn’t really expect this, and resultantly, I was not disappointed by its absence.
How Does Peter Profits Work?
Coming back to it, I want to come back to that headline for Peter Profits. The one where Peter Grande explicitly states that he does what other people don’t do. Because what he really talks about when he discusses his selection process… Well, he says “I’m analysing everything”. Honestly, I don’t really know what this means at this point.
From here, we are told that Peter Profits is built on “a few basic things” that sound obvious but can “take you down a rabbit hole of information not many can decipher into the correct bet”. Once again, I’ve not really got a clue what Peter Grande means by this. It just seems to be buzz words really.
I can’t help but feel that this cluelessness all boils down to the fact that a vast majority of talking about how he finds bets, is spent talking about how other tipsters are all a bit naff and cost him a lot of money in the past.
Outside of this, the core idea seems to be that simply using place bets is a way of producing a consistent profit. Now I can theoretically believe this. But in order to demonstrate that this is a viable option for your service, there has to be more than simply… This idea. Unfortunately, I don’t believe that Peter Grande ever does this.
The bottom line is this. If you’re using place bets, you will get lower odds. As such, you need a high strike rate. Which of course, isn’t something that is provided for Peter Profits. Furthermore, whilst I haven’t actually talked about this as of yet, there isn’t any proofing either. Peter Grande simply demonstrates his income through some highly questionable screenshots.
What is the Initial Investment?
There are two different options available if you want to sign up to Peter Profits. The first of these is a 45 day option (which is a bit of a strange length). This is priced at £30 plus VAT and does not auto renew. This will become important for reasons I will discuss a little later on.
Alternatively, Peter Grande offers a 120 day option for Peter Profits. This is priced at £50 plus VAT (seemingly representing much better value). As with the cheaper option, this is also not subscription based and so doesn’t auto renew.
Now, Peter Grande states in the sales material for Peter Profits that “If you’re not happy in the first 30 days of joining me, not only will I give you your money back in full but i’ll paypal you your starting bank (up to £150) back in cash”. That is fair enough and honestly, it appears to be a generous offer.
When you are taken to the payment screen for Peter Profits however, it is actually being sold by Clickbank. And in this case, they are offering a 60 day money back guarantee period. This immediately highlights a discrepancy for me in terms of duration. It also suggests that there may be something a bit questionable going on here.
What is the Rate of Return?
The core selling point behind Peter Profits is that you can supposedly expect to earn £2,500 per month. Working out at £30,000 per year, this doesn’t necessarily seem entirely outside of the realm of possibility. That is, until you take the time to look at the fact that Peter Grande is basing this on £50 stakes.
This means that the effective claim here is a points profit of 50 points per month. A number that is about believable for a tipster having a good month. But to claim that this kind of result can be consistently achieved month in month out is just… Well, I’ve not really convinced about that. The fact is this is double what most genuine tipsters would probably look to aim for.
Conclusion for Peter Profits
Honestly, there seems to be quite a lot wrong with Peter Profits. Much of this isn’t necessarily immediately apparent, and that concerns me greatly. I’ll cover all of this in more detail below, but before I start down that rabbit hole, I want to talk about the obvious things that stand out.
I am always wary when some new tipster comes out of nowhere and instantly starts talking about how other tipsters essentially = bad. It’s crude, and not really reflective of the actual bigger picture. It also rather stinks of simply trying to quickly and lazily add some credibility to your service. Especially when somebody like Peter Grande goes on to say that they’ve finally cracked it, all in less than a year. It just sets alarm bells ringing.
Moving on from there, you have a quite apparent lack of evidence. Peter Grande provides exactly 5 screenshots that demonstrate the worth of Peter Profits. Unfortunately, I find every single one of them to be questionable. Now I could go into the why’s and the how’s of this, but I’ll say that they aren’t’ necessarily difficult to fake.
Now that doesn’t mean that I’ll dismiss anything. When I’ve seen this kind of evidence backed up by comprehensive proofing and details of a betting system, I can happily get behind it. But Peter Grande is missing even these basics. What makes this doubly frustrating to me is that he claims to have “50+ pages, itemising every single bet”. If it’s there, why would you not share it?
With all of that out of the way, let’s move on to some of the much less obvious details. First things first, let’s talk about the pricing structure. There are a few things that are really quite concerning to me. The first thing that you really have to establish is the fact that Clickbank offer a 60 day money back guarantee on Peter Profits. And this is generally unconditional, so long as you aren’t somebody who serially returns their products.
Keeping all of that in mind, why would you only advertise that you offer a 30 day money back guarantee? Especially when your subscriptions are for 45 days and 120 days. Well, it’s time to get a little speculative here. And in order to do so, I have to talk a little bit about the vendor who is selling Peter Profits.
You see, this isn’t their first tipster service. It certainly isn’t their first sold through Clickbank. Now, the last service was football based, it featured a different name and approach. But it was ultimately being sold by the same person. This previous service also had a full 60 day money back guarantee. This was not mentioned.
Unfortunately, since then, that previous service isn’t really offered for sale anymore. Something that started to happen coincidentally not long after the 60 day money back guarantee elapsed.
This brings me to Peter Profits. And keep in mind to some degree, I really am speculating here. It just isn’t wild speculation. My gut feeling is that the first 45 day option is there so that “Peter Grande” can get you to see out this period on the 30 day money back guarantee that he offers. This then means that if you fail after that time, unless you have read the small print, you think that you’re out of look.
The longer subscription, of course, takes you past the 60 day period. So once that has elapsed, you have very little chance of claiming a refund if Peter Profits hasn’t performed as promised. Again, this is all speculation, but it is also, I think, quite transparently sinister.
Combine all of that with ridiculous profits, no evidence backing up any of the claims, and just a general air of concern and well… I don’t really see Peter Profits as being something that I would look to recommend.
Probably the best thing that I can say about this is that the money back guarantee that Peter Grande offers is seemingly quite generous. But even that is reliant on the fact that it is all genuine and above board. I don’t have conclusive evidence one way or another.
But I do think that Peter Profits ultimately carries quite a lot of risk with it. Risk that, even for the relatively low price, just isn’t warranted in my opinion.