Premier League Bets is a new to market sports betting tipster service that is operated by one Dave Levitt. As the name implies, the service is based around profitable betting on the Premier League.
Introduction to Premier League Bets
When it comes to football betting one of the biggest problems that I find most people encounter is when it comes to getting value out of bets. There are a lot of reasons for this, but mostly, it comes down to bookies hedging their bets and not leaving themselves too exposed to one possibility or another. There are a few ways of getting around this, but typically it is achieved by betting on niche markets. Whether this is the Belarusian Second Division or incredibly specific betting markets.
All of this understanding means that when a tipster service lands that claims to produce a profit exclusively through betting on the Premier League. Arguably the biggest football league in the world. Well, it’s hard not to pay attention. Which of course brings me to Premier League Bets. Honestly, this is quite a unique thing as far as tipster services go. It might be easy to look at this and say that Dave Lewitt is almost handicapping himself, but the fact is that this is a genuinely interesting service.
Original Link: http://plbets.co.uk/
Of course, I’ve seen plenty of services that do something interesting. In and of itself, that isn’t anything special with gimmicks coming and going on the regular. What actually stands out about Premier League Bets is that Dave Lewitt really does seem to be doing some pretty good things despite the restrictions of betting on a league that has notoriously low value available. What that doesn’t mean though is that this is dull. In fact, pretty far from it. Unfortunately, though, I am hugely sceptical of… well, everything that exists here (and there is a lot of it).
What Does Premier League Bets Offer?
I don’t really know where I’m supposed to start with Premier League Bets. This is something that I say quite often, usually when there is a lot on offer. That is definitely the case here. One might even say that there is too much on offer, if I’m really honest. To say that Dave Lewitt has a bit of a gimmick is something of an understatement in my mind, because when you start to put all of the pieces together, most of this service seems like a gimmick.
Now, I’ll concede that this is a bit of a controversial statement to make in the first statement about what you’re getting into. But let me explain myself a little bit by talking about the bets that Dave Lewitt advises through Premier League Bets. This is an incredibly convoluted, but also ultimately quite structured approach that combines multiple betting elements.
You see, Dave Lewitt tries to push Premier League Bets as though it’s a culmination of various different bets. First things first, there are what are referred to as Banker Bets. These are absolute sitters whereby a team like Liverpool is selected to beat Burnley. These are of course incredibly low odds with little actual profit to them. As such, you end up staking 5 points on each one of these bets.
This seems like a reasonable approach until you consider that you might at best get a point back off this. That means that should one of these games not end favourably, it will take 5 straight winning weeks to break even. However you want to dress that kind of thing up, it is a problem for Premier League Bets.
That is far from the only bet type though. You also get a variety of different bets on other games through the weekend. These can be anything from a single on various different types of goals market (including correct scores), to bet builders, as well as a variety of different accumulators of the bet markets themselves. This includes the occasional Yankee. All of which are backed at slightly variable stakes.
Frustratingly, it isn’t even like Premier League Bets isn’t a high volume service. It is. As such, the stakes can really start to get out of control, even to the level stakes of 1 point per bet that exist outside of the banker bets. This really does start to add up because, and this bears repeating, you’re still betting with limited value. Which ultimately means that recovering losses is difficult.
For context on this, a Yankee that is shown as an example of a winning bet was backed at 5.5 points. This was a bet backing draws, something that does carry longer odds. One of the bets in the Yankee lost. The return on that bet was 6.8 times the stake for a profit of 5.8 times. That is the kind of big bet you’re dealing with.
Of course, you’re probably feeling a bit bamboozled by this point. I know I am! But as if Dave Lewitt doesn’t seem to be taking enough of a “throw it at the wall and see what sticks” approach, Premier League Bets also has VIP Bets. These are a new addition that include a bet builder that starts with a half a point bet that is rolled over for the course of betting over the weekend. There are also huge double chance accas.
Honestly, I’m exhausted just writing about all of this. Because let’s not forget the fact that we’ve only looked at the bets themselves at this point. I’ve touched on the stakes, but I’ve not mentioned the fact that Dave Lewitt says that he aims to bet on every single Premier League fixture, week in and week out. That’s a lot of betting.
As an aside, it also means that the already limited value that you can get from Premier League Bets is pretty much thrown out of the window because it makes it incredibly difficult to seek out decent odds. Dave Lewitt appears to simply bet through Betfair, but just picking a bookie and sticking to them isn’t generally the best way to get the most out of any betting, never mind something as low value as football.
But even if you did want to try and do that, you might find that you struggle a little. As you’d expect, Dave Lewitt sends out selections directly via email. Unfortunately, Premier League Bets subscribers won’t necessarily get the selections with the biggest window of time to get bets on. This just makes it much harder to maximise returns.
Something that is really interesting to me is that there is a lack of information on what the strike rate is for Premier League Bets. There is some incredibly limited evidence provided for the service, but Dave Lewitt doesn’t really talk much about how often you can expect to win here. Realistically though, I can’t help but feel that this is going to be a service that’s all a bit over the place.
How Does Premier League Bets Work?
So, you may be asking, how exactly does Premier League Bets work? And that is very much a million dollar question, because I don’t think Dave Lewitt really tells you… well, anything. About… well, anything. All of the focus of the marketing material is on how the service has performed over the last 3 weeks. Now, aside from the other problems, I think you have to acknowledge the fact that this isn’t exactly a substantial data sample size.
What are we actually told exactly? Honestly, there is pretty much nothing. Of course, this is the kind of thing that I often say to exaggerate a point, but in the case of Premier League Bets that can be taken pretty literally. Dave Lewitt tells us absolutely nothing about what his service actually entails outside of really, just placing a hell of a lot of football bets. And that is about all that I can really ascertain if I’m honest.
There certainly isn’t any talk about the kinds of things that tend to matter with a betting system. You know, things like a selection process, how Dave Lewitt identifies which markets he should be betting on for each game, which games are his “bankers”. Things that, frankly, are incredibly important. This kind of information being missing from Premier League Bets is undoubtedly concerning.
Especially when you come back to that point that Premier League Bets is based entirely around just 3 weeks of betting. 3 weeks that aren’t even fully proofed. All that we are shown are the bets that won in this period. All of which ultimately means that the only thing you can really say definitively is that there have been some winning bets in this period. There is no wider context or insight provided by this “evidence”.
What is the Initial Investment?
If you want to sign up to Premier League Bets there is just one option available, and Dave Lewitt does a very good job of making it sound like a fantastic value option. You see, if you want to sign up to the service you pay just £45 plus VAT for the rest of the season. That ends up at less than £5 a month which really does seem inexpensive, however cheap does not always mean value.
Something that is worth noting is that Premier League Bets does come with a full 30 day money back guarantee. This isn’t something that Dave Lewitt mentions though, which is ultimately rather telling in my mind. Especially because this is all backed up by Clickbank who are well known for not just offering this on pretty much any service sold by them, but enforcing it reasonably too.
What is the Rate of Return?
The income potential of Premier League Bets is actually quite an interesting thing. You see, Dave Lewitt says in the headline for his service that starting with a £500 bank, and £10 per point stakes, he has managed to see a profit of £354.64 in 3 weeks. That is a number that really does sound very reasonable. Right?
Except, I think that this has to be put into context too. That suggests 35.5 points. Almost 12 points per week. Except, Premier League Bets actually supposedly lost money in the first 2 weeks. Instead, all of the profit Dave Lewitt has made has come from big bets and the so called VIP bets in week 3. This might not seem like much, but I feel like it has a massive bearing on the wider product and offering that I want to explore in more detail shortly.
Conclusion for Premier League Bets
Let’s call a spade a spade for a minute. If you decide to buy into Premier League Bets, you are ultimately doing so off the basis of 11 bets. Well, 11 betting slips, if I’m really honest. You’re still just taking Dave Lewitt’s word that these are genuine betting slips, which I’m not saying that they’re not. But I will say that I’ve seen these kinds of Betfair slips used on a huge number of questionable services in the past.
The key takeaway here for me is that distinctive lack of… well, everything else. Premier League Bets comes with nothing of substance. I cannot stress enough how unusual it is for a tipster to not talk about their betting in any way. But that is what is really happening here. I mean, yes, there is some explanation, but it just seems flawed.
I mean, usually a tipster will talk about their relationship to what they bet on, why they bet on it, demonstrate knowledge of the sport or betting process. What Dave Lewitt does is says (and I’m paraphrasing, but only slightly), “I place a variety of different bets to increase the profits from what we all know is usually a low odds market”. Circling back to an earlier point why those bets? Why those markets?
These aren’t questions that should go unanswered. In the meantime, the solution to losing on 2 straight weeks is to double down and start investing in all or nothing bets including an incredible 10 fold accumulator. Even if you were onside with Premier League Bets at this point (which I categorically am not), it’s hard to ignore that there is something incredibly reckless about sticking 3% of your betting bank on these kinds of bets. Especially when your “sitter” has lost out on 10%!
Honestly, I just can’t wrap my head around what Dave Lewitt is trying to do here. Putting aside all of the other concerns that I have about Premier League Bets, of which there are many, I just don’t understand what the plan is. The profit that has come can quite easily be chalked up as having more to do with luck than skill. Of course, that kind of thing isn’t necessarily sustainable or replicable.
This might seem like an unreasonable conclusion to reach but I can’t help but find that, in my mind, Dave Lewitt provides no reason to believe that there is any skill. All kinds of basic information is missing and that simply isn’t good enough. Honestly, even at the relatively low price involved, Premier League Bets is probably one of the riskiest services I have ever looked at. Mostly because it comes with no real demonstration of an ability to work.
