Precision Place is a new horse racing tipster service from SystemBet Plus that the creators claim can generate some pretty substantial profits in a small space of time.
What does the product offer?
As the name suggests, Precision Place is a horse racing tipster service that puts a focus on placed betting. Whilst this means different things depending on the number of horses in a race, Precision Place apparently focuses on large examples as they say that your bet can win whether a horse comes 1st, 2nd or 3rd.
In terms of what you can expect from the service, Precision Place seems to be seemingly rather average in many regards. There aren’t an inordinate amount of selections although they do appear to be daily.
As it is a placed betting based product, it is worth mentioning that you should have an account with a betting exchange in order to get the most of Precision Place of which Betfair is the most well known. Numbers wise, the staking plan is based off betting 10% of your betting bank each race.
The strike rate is unfortunately not explored but a look over the results suggest that it should be higher than 80% (if you trust these results).
How does the product work?
Unfortunately, or perhaps not surprisingly depending on how cynical you are, there is no information available at all about the selection process for Precision Place.
All that is said is that the service aims to provide a sensible number of selections and that it is based on “a sound set of mechanical rules”. Without any details about these rules however, I don’t put much faith in this claim.
What is the initial investment?
SystemBet Plus are asking an eye watering £60 every 28 days in order to subscriber to their service with payment handled through Paypal (to a company called Success Publications).
SystemBet Plus also say that subscribing to Precision Place doesn’t constitute a contract and as such, they don’t offer any money back guarantee.
What is the rate of return?
Whilst the sales material is rather quiet in terms of how much you can expect to earn however the email that brought Precision Place to my attention claims that starting with a £50 bet, you could have made £10,000 since then.
Conclusion
Precision Place is definitely one of the more questionable tipster services that I have looked at recently.
It seems clear to me that it is a genuine system however my first inclination is to say that it has been back tested rather than live tested over the last few months.
This is evidenced by the fact that the number of bets seemingly triples out of the blue and the results definitely take a turn for the worse. Other considerations are that your bank can easily be decimated given the high risk staking and finally the cost.
For £30 per month, you can get tips from a genuine tipster who will provide you with sustainable, long term betting advice. Instead, SystemBet Plus are asking £60 for Precision Place. To me, that is a no brainer.