Premier Club Weekly Challenge is a re launched weekly betting service operated by Edge Racing. The service focuses on using a progressive staking system on football bets.
What does the product offer?
Premier Club Weekly Challenge is the second Edge Racing product that has been re launched this year with the service having previously been known as One Week One Grand. As with Edge Football Pro Service, Premier Club Weekly Challenge is a football based betting system. The key difference lies in the fact that Edge Racing use Premier Club Weekly Challenge as a progressive stakes betting system that should ultimately lead to high profits. This means that more likely than not staking will be percentile based which means that instead of being advised to stake 3 points as with traditional betting system, you may stake 10% of the bank. It is worth noting that in its previous iteration, Premier Club Weekly Challenge was something of a failure, ultimately losing money on a constant flow of losing double and triple bets.
How does the product work?
The new betting system that Premier Club Weekly Challenge is using isn’t ever really discussed which I find rather concerning, especially as it failed in one form before. In fact, the only thing that is said about the fact that Premier Club Weekly Challenge is football betting based is that it has been chosen because bookies don’t restrict your account as you are “betting on opinion”.
What is the initial investment?
Edge Racing sell a lifetime only membership to Premier Club Weekly Challenge for a one time cost of £89. After this however you do have to pay a 10% commission to them on any winnings which for reasons that I shall look at below makes me rather suspicious. There is no money back guarantee in place for Premier Club Weekly Challenge either which is a service that quite a few of Edge Racing’s products have. This only compounds some of my suspicions.
What is the rate of return?
Edge Racing only make one claim as such and that is that you could be making £500 – £1000 per week using the progressive staking that Premier Club Weekly Challenge uses. This is unlikely to be the case for some time unless you are staking huge amounts of the betting bank. This is supported by their disclaimer that this kind of profit isn’t in any way guaranteed.
Conclusion
It’s difficult to know where to start with Premier Club Weekly Challenge. I think first and foremost is the claims of income and the progressive staking mentioned. If you are using any form of sensible staking, even at 10%, it is going to take a long time before you are making enough to consider £500 per week profits. This means one of two things to me. Edge Racing are massively inflating your income potential or you are going to be staking huge amounts of your betting bank, neither of which is reassuring. The second thing to address is the commission thing. Whilst I am in no way saying that it is Edge Racing’s intent, this is a method that is often employed in sending out different selections to different people ultimately ensuring that there is always somebody that wins and the tipster is guaranteed commission.
Finally is the fact that Premier Club Weekly Challenge has failed before. As I said this isn’t the first re launch of an Edge Racing product and to date there isn’t adequate data to suggest that the culture has really changed. As such I’d recommend avoiding Premier Club Weekly Challenge.