Racing Down Under is a brand new horse racing tipster service which is operated by the Betfan group. It boasts some very strong seeming profits within the first month.
What does the product offer?
If you will pardon the pun, a lot horse racing tipster services feel simply like they are flogging a dead horse. There is very little one the market that in any way seems new. I do believe however that Betfan might have actually found a way around this in Racing Down Under.
I know, Australian horse racing is nothing new and it is one of the biggest national horse racing scenes in the world, but I am damned if I can remember ever seeing a tipster service which is dedicated to this niche. With that (and portfolio building in mind) let’s have a look at Racing Down Under.
What is Racing Down Under?
On the surface of things, doesn’t do anything new and this isn’t necessarily a bad thing. Selections are issued on a near daily basis and these are sent out directly to subscribers via email.
They are also uploaded to the Betfan website to a special member’s area. As I have come to expect from Betfan, the selections are detailed and contain everything that you would expect.
Betfan are pretty versatile when it comes to the types of bets that you will be placing with Racing Down Under.
For example, whilst the majority of bets are straight win bets and each way bets, there are also a number of accumulators which have been added to the mix, presumably with the intention of boosting the overall profits. If there is one thing that you do have to consider carefully it is the volume of bets.
A single day can produce as many as 12 bets which when combined with the staking plan can get expensive.
Talking of the staking plan, I want to discuss this. When selections are issued to subscribers you are also told how much you should bet. There is definitely a range with the bets advised as requiring stakes of between 2 points and 5 points.
When this is combined with the volume of bets that are recommended, this can definitely start to get expensive with a chosen day staking 46 points. This can definitely add up, especially when there are losses involved.
This makes the strike rate a critical factor when looking at Racing Down Under. Unfortunately, this is not a published figure and the sheer volume of bets that are involved make calculating this a lengthy task.
In many respects though, I don’t believe that I need to do this. Looking over the results, there are definitely more losing bets than there are winners. This would make for (even at my most optimistic) around 30% as a strike rate.
How does Racing Down Under work?
Betfan are quite open about what the tipster who provides selections for Racing Down Under does to find potential bets. He starts by saying that he has a bespoke formula which identifies the most likely “improvers” on their next race.
This information is then cross referenced against ratings to ensure that there is still enough improvement left within the rating. Finally, Betfan say that al potential selections for Racing Down Under have to be running a few “certain types of race” to ensure that they are properly qualified.
This is a rigorous sounding process and have no reason to doubt it looking at the results for Racing Down Under.
I definitely believe that there is truth to this as the bets that are advised definitely fit the modus operandi.
The odds tend to be on the higher side which fist with looking at horses who have the potential to improve. I also don’t doubt that this value is key to making Racing Down Under work, especially looking at some of the losing runs.
What is the initial investment?
Ultimately, Racing Down Under is a Betfan product and as such, I find that you have to be aware on some level that it is never going to be cheap. In this case, it comes in at £37 per month (which actually runs for 28 days which in turn means 13 payments per year). Alternatively, you can opt to sign up for Racing Down Under on a quarterly basis (actually every 90 days) which is priced at £74.
Unfortunately, there is no real money back guarantee with Racing Down Under. The Betfan team say that subscription costs are generally none refundable. They do however say that they will review every refund request and if they believe it is warranted, it shall be granted.
Rate of return for Racing Down Under?
Racing Down Under is a very new service however this hasn’t stopped the profits from looking very good. In fact, since March we are looking at a profit that currently stands at 242.77 points.
There is no ROI provide however and I do find this interesting. Given the amounts that you are expected to bet on a given day, I would not anticipate a particularly high figure from Racing Down Under (or in fact any tipster service with a high volume.
Conclusion on Racing Down Under?
Every bettor who is worth their salt should have a horse racing tipster service somewhere in their portfolio. After all, it is the biggest betting market in the UK and this is with good reason.
This does however mean that there is an oversaturation of tipsters and systems and I know that this month alone, I have probably looked at about 15 examples. The fact is that horse racing is so popular for a reason and I believe that a big part of that is down to the fact that it is probably more predictable than most sports.
The problem with this oversaturation is that once you have got one horse racing tipster that works for you, the sport is pretty much closed off.
There are of course other options out there with Saudi Arabia, the USA and of course todays subject, Australia all having quite large betting scenes. With the right guidance, I believe that this kind of opportunity can really open up a portfolio.
I believe that Racing Down Under is very fairly priced and there is a lot to like here. The results have been phenomenal, if short lived. In fact, I would be inclined to say that this is one of the biggest problems that I have with the service.
There has been just one month, and this has involved large stakes. If results can continue in this vein and you can bankroll it, then I think that Racing Down Under is worth some serious consideration.
Personally, I would be inclined to give this a few more months to see longer term results but I am happy to admit that there is an argument to be said for getting on board now.