Pro X is a new to market horse racing tipster service which is operated by the Betfan group. Selections come courtesy of a tipster referred to simply as Charles, and frankly, the profit potential is immense.
Introduction to Pro X
Whenever there is something new coming out in the betting world, you can always expect to see the hype train rolling. Let’s be real for a minute. All of these tipster services are ultimately there for one thing, and that is to sell a service, and make a tipster (and tipster management company) money. A lot of the time, I find myself unimpressed or hugely doubtful when a new service is being marketed, but when I started getting emails talking about 2,000 points of profit, well, it’s hard not to get invested in that.
Which brings me to Pro X. Now, the reason I was so into this isn’t just the fact that somebody is claiming massive profits. I have seen literally thousands of tipsters who have made similar statements, and it has all been BS. No, what really made this jump out at me is the involvement of Betfan. I will hold my hands up and happily confess that I’m not a fan of everything that they do. But one thing that is always respected is that they provide full proofing for their services. So, if they’re saying 2,000 points, it’s going to be 2,000 points.
Of course, that doesn’t mean that the route to that is going to be straight forward, and as soon as I took a look at Pro X, I understood this definitely wasn’t going to be the case. Let’s not mince words here. What Charles is doing with Betfan is incredibly impressive. It really is, but by God is it also hugely conditional. And that does rather blunt the edges a bit. So, let’s get down to it, and see if this is worth the investment.
What Does Pro X Offer?
There is a hell of a lot to cover with Pro X, so I am going to get right down to it. First things first, let’s get out of the way the logistical side of things. Because, and this isn’t necessarily a bad thing, you are getting a typical Betfan experience. This means a well managed service (they’ve been in this industry for a long time), in which you are given everything that you need.
Selections are, as always, sent out directly via email, however, they are also made available a few other ways too. Firstly, you can log into a member’s area in order to see the available bets there. Alternatively, and probably the best option, is the Betfan app. This sends notifications for Pro X directly to your mobile where… Well, it’s just much harder to miss them.
Really, there isn’t anything particularly special or outstanding that you are getting there, but I don’t think that there has to be. In this line of work, there is a lot to be said for something simply being competently operated, and that is definitely the bare minimum that you see with Pro X.
Now, this is a bit of an oddity of a tipster service. Because the way that Charles speaks of it, he has proofed Pro X with “three basic strategies, win or e/w singles, win or e/w doubles, and occasionally e/w trebles”. This can all be seen when you look at the proofing which contains multiple bet types including the odd Patent as well.
You really will receive bets as all of those variants. However, the way that Betfan have grouped it all together you need to be backing every single bet, as advised, in order to get close to the claimed profits. And that is where things start to get a bit problematic for me.
The thing is, it isn’t even like I have an issue with say, backing the same horse multiple times. That kind of thing is quite commonplace in betting systems and strategies. As such, I’m actually more surprised (reflecting on it) that you don’t see more of this happening with tipster services. It is more the number of times you have to back a horse in a day in order to get the most out of Pro X.
For example, (and this is at the extreme end) a look at a certain day in November saw the same horse advised in eight different bets. Another horse, in five bets. That’s two horses tipped 13 times in one day. And on that day, there were a grand total of 18 bets. That is just… Let’s call it what it is, it’s a jaw dropping amount of betting that you have to do.
But that isn’t anomalous. If it were a one off, you’d maybe accept that Charles has found a good few bets that are worth running out. It really isn’t uncommon at all to see these incredibly high volumes of bets knocking about. To be fair though, not every day is like that.
Where all of this really concerns me though (and those of you are familiar with Betfan probably saw this coming) is that the numbers involved are almost all based around 5 point stakes. It looks to me like Charles started out proofing to 1 point stakes, and then there is that inevitable jump that comes with Betfan. And that impacts everything with this service.
Obviously, it inflates the results, but I’ll come back to this a little later on. No, what I really want to talk about here is the risk involved. The drawdowns that you can experience through Pro X are immense if you are backing every bet. Peaking out at 214.66 points in the red at one point in November, this is incredibly expensive. I mean… Any tipster service that makes you think “Oh, the drawdown there is only 60 points” isn’t ideal.
And the truth of the matter is that whilst Betfan don’t actually provide a strike rate for Pro X, it does come in at somewhere around 17%. Which, with the big wins that are out there, ultimately makes for a profit. But the fact that this seems so reliant on those big wins is a little bit concerning in my opinion.
How Does Pro X Work?
One of the things that is really interesting to me is how Pro X works. Because the whole thing is supposedly based around artificial intelligence. Charles, we are told, has a “Ph.D. in Artificial Intelligence, M.Sc.” and whilst on day out with a client was asked to “head a team to evaluate probability and outcome within sporting sectors”. And so, for 5 years, he has been doing just that, as well as fine-tuning multiple algorithms, with a means to process this mass of data with a true AI.
Now, that is the kind of thing that with some tipster services, I would be inclined to say is waffle. Usually because it’s the kind of claim made by some random tipster who has put up a website a week ago, claiming to have made £100,000 in the last week (or something like that). But the involvement of Betfan leads me to believe that this is probably all true and above board. Because they ultimately have some reputation to protect and (one hopes) would be fact checking this kind of thing. I also believe that the betting pattern is in line with this claim.
Of course, that does all mean that you are effectively taking Charles’ word that he has a genuine strategy etc. Because (quite reasonably) you aren’t likely to start seeing a full breakdown of AI algorithms, and honestly, it’s very unlikely that you or I would even really understand what’s going on.
Fortunately, there is of course full proofing provided by Betfan, which allows you to at least get an idea of what kind of results you can expect from Pro X. Importantly, this lets you browse at your leisure and see if this looks like the kind of service that will be a good fit for you.
What is the Initial Investment?
Something that isn’t perhaps surprising is that Pro X… Well, it just isn’t that cheap, if I’m honest. With that said, Charles and Betfan do provide a number of different options if you want to subscribe. The smallest outlay comes from the weekly subscription which is priced at £20 plus VAT. This is however the worst value by a considerable margin.
Next, there is a “monthly” subscription for Pro X. Noteworthy here is that this is actually billed every 28 days, meaning you can expect to pay out 13 times. This is still pricey at £60 plus VAT per “month”.
The best value comes from longer term subscriptions. There is a quarterly subscription which is priced at £169 plus VAT every 90 days. This represents better value than the monthly option, however, you aren’t saving drastic amounts. If you want to get the best possible value out of Pro X, then you should be looking at the 6 monthly subscription. With an outlay of £286 plus VAT however, this is the most expensive initial cost.
As a final note, it is worth keeping in mind that there is no real money back guarantee offered with Pro X. Betfan say that they do review refund requests for their products, however, these are not typically offered.
What is the Rate of Return?
In terms of the income potential for Pro X, there is just that same number that is repeated over and over. Namely that Charles has been able to use his selections to produce a profit in excess of 2,000 points. Which is a bloody good number, Even when you factor in the dressing up and inflation that comes with Betfan’s 5 point staking plans, it is impressive. Because all of it has been attained in just a few short months.
With that said though, let’s talk a little bit about the ROI. By my calculation, this comes in at about 86%. Now, let’s be clear, that is still a solid looking number. Make no mistake. But it is also based off a very small sample size. And that does lead me to question the long term stability of Pro X (a point that I do want to come back to).
Conclusion for Pro X
As a piece of marketing, Betfan have smashed it with Pro X. Not, of course, that it’s hard to market a tipster service that stands at more than 2,100 points of profit in 3 months. And let’s be clear here. If I were looking at this entirely from the perspective of how much money you might stand to win, it would be a no brainer. But unfortunately, that isn’t the case.
So, first things first, let’s address the elephant in the room. Those… shall we say, enhanced stakes that Pro X uses. I don’t believe that betting large amounts on a bet is an inherently bad thing. But when you are encouraged to stake 5 points per bet, just so you can advertise 2,000 points returns… Well, it’s questionable. And I believe that this has taken place as Charles’ proofing starts out at those 1 point bets.
Moving on from this, let’s talk about the viability of using Pro X. I’ll say it as I see it here. Do you really want to be placing 18 bets per day? For some people, no problem. And if I knew I was going to do alright off it, it wouldn’t be a problem for me either. But let’s not forget the fact that Pro X has historically operated in a very large drawdown. So, you’re placing as many as 18 bets per day, whilst potentially being over a grand in the red. That’s a big ask.
Especially because those results that have been claimed to date have all been BOG. If you aren’t getting that… Well, you’re going to be losing money and putting even more work into Pro X. Now I’ll concede, there is an argument to be made that this is all worth it. Even if you were betting to 1 point stakes, you’d still be a good 420 points up.
Really, where I am a little bit uncertain with Pro X if I’m completely honest is just how viable it is to keep this kind of thing up in the long term. I know that this isn’t something that you’ll see many tipsters talking about frankly, but if you’re taking 2,000 points out of a bookie, you’re going to find that your accounts get restricted, shut down, etc. and when this happens… Well, it’s massively debatable how long you can keep going.
This has a number of issues for me in terms of the longer term thinking. I genuinely believe that issues with bookies are an inevitability. And given that Pro X uses accas, this closes a lot of doors outside of bookmakers. As such, whilst I don’t think following this long term is impossible, you may well struggle with this.
Here’s the thing. Do I think that Pro X is a good product? It’s hard to deny the fact that so long as you are in a position to keep up with everything, then it definitely is. Even if it is very expensive. However, the fact of the matter is this. Most people simply won’t fall into this category. And if you can’t keep up with all of the bets, the significant investment, and those 5 points stakes… Well, it just doesn’t look so good.
The truth is that I have seen a good number of products that fit a similar bill as Pro X. They are fantastically performing products. They’re just so conditional that it’s hard to recommend them. And whilst I believe that Betfan probably are onto a winner with Charles and his service, it isn’t something that I would say represents a decent investment of time and money for the majority of punters.