Racing King Review – Betfan

Racing King is a horse racing tipster service that is being offered through the Betfan stable of tipsters. The service has had some seemingly incredible recent profitable bets. 

Introduction to Racing King

There is a reason that most people who talk about betting seriously will talk about long term results and consistency. And this is because, put very simply, anybody can be lucky. I can’t tell you how many tipster services that I’ve looked at that are effectively only being sold because they’ve had a particularly good run. Sometimes, this can be because they’re genuinely a good tipster with a solid approach. Oftentimes though, these big winning streaks can be against the general run of play and lack context.

This is something that I really want to recommend keeping in mind with todays review subject. Because there is no getting around the simple fact that Racing King has seemingly performed incredibly. I’m going to break one of my rules here and talk about the profit a little, already. It isn’t every day that I get to look at a tipster service that has seen in excess of 800 points of profit in a year. Those are some absolutely massive looking numbers and Betfan  have every right to push this like they are.

The problem however is that when you start to really dig into this, everything isn’t quite how Betfan make it seem to be. In fact, I would probably go as far as to say that Racing King really has some serious flaws and considerations. The real question with this sort of service is whether or not you are willing to commit to the quite substantial asks that are required in order to hit the kind of results that are claimed.  So, with quite a lot to discuss, let’s get into it and see what is what with this.

What Does Racing King Offer?

It isn’t every often that I don’t really know where to start when I’m writing a review. Oftentimes there is a logical starting point or… well, something. Having spent a lot of time looking at Racing King though, I don’t really feel like that exists. I just don’t see that obvious in. Because the truth of the matter is this is a very complicated beast.

First things first, I think that it’s probably important to start by talking about just how varied everything is with Racing King. Honestly, it’s pretty much everywhere or in some way contrary to conventional advice. Now, in and of itself, that doesn’t have to be a bad thing. Far from it in fact. But when you start to drag everything into context, I’m less sure about how this really holds up.

Let’s start with the bets. A big part of Racing King are the absolutely massive number of betting markets that the tipster behind the service takes advantage of. You can expect to see more typical examples such as horses advised that are to be backed to win, backed on an each way basis, and even lay bets. Then there slightly more niche bets like reverse forecasts or backing a horse to simply place.

All of this is of course at a huge range of odds. Betfan’s proofing shows that it isn’t uncommon to be backing hoses on an each way basis or to place at odds in excess of 120/1. By the same token, the laying aspect also has a significant range. Typically, the numbers are towards the lower end of the scale (presumably to keep liability potential in check), but Racing King has also layed horses at those same 3 figure odds.

Adding to all of this is the way that bets are spaced out. A given day can see as many as 30 different bets. That is a massive volume and explains why the month of January alone saw in excess of 400 different bets. Furthermore, you will typically be betting 7 days a week.Make no mistake about it, Racing King is a high volume service and it insists on your attention.

This isn’t just something that applies to the number of selections that are issued either, but the way that Betfan send them out. Now, this isn’t necessarily the management of Racing King. At the end of the day, this is as good as any other service from the stable. You receive selections directly via email, you can log into a member’s area, or my personal choice, use the Betfan app. All of that is fair enough I think.

Where people will struggle is the fact that the tipster who is behind Racing King says that tips will often only be made available “30 minutes before the first race of the day” and that additional selections may come in a second email covering mid-afternoon to evening races. That is hugely problematic.

The fact of the matter is that you simply don’t have much of a window to actually get the bets placed. I think if you’re working a 9-5, it may well be impossible. I am a man who enjoys having a decent amount of leisure time, but even I would struggle to drop everything in order to get potentially 5 or 6 bets on the next race.

Which reminds me, one of the things that Racing King does is back and lay multiple horses in the same race. That isn’t necessarily the be all and end all for a service. I have looked at other services before now that have used this successful. But make no mistake about it, it will only add to the complications of following the service.

About the only good thing that I can say in this regard is that at least all of the bets can be placed through a betting exchange. In theory, you can simply use Betfair if you’re following Racing King so all of your betting is in one place. If I’m honest, this is something that I would definitely recommend. Without doing this, I just don’t see how you can realistically begin to follow this.

And then we come to another issue with Racing King. Stakes. Betfan proof all bets to stakes of 5 points. That means that on the 4^th of January, for example, when there were 29 bets, you’d have need a bank of 145 points. Just to get bets on for that day. Do you want to know the kicker, the loss risk there is very real with a drawdown of about 40 points on said day.

How Does Racing King Work?  

One thing that I have to profess to being a fan of is that we are actually given a decent amount of insight into how Racing King actually works. Don’t get me wrong, Betfan aren’t giving you a complete breakdown of what the tipster behind the service is doing. This is understandable, but always a little bit of a disappointment. Nonetheless, the important part here is that I think that it’s fair to say you aren’t coming in entirely blind.

So, what is Racing King all about? We are told that the tipster behind the service has been working on their own systems since 2015, so some 7 years of experience. This is in both backing and laying horses. This is seemingly key to everything as the sales material goes on to say (and please, excuse the lengthy quote):

 “I originally wanted this to be a lay-only service but I soon realised that it’s far from optimal. Sometimes a great value horse sticks out like a sore thumb so there is no reason not to back it and sometimes the favourite is so strong that the best play is to back it, which effectively lays the entire field”.

This kind of insight seems like common sense. But far too many tipsters (at least in my opinion) will miss out on opportunities because they have pigeonholed what they do. On top of this, we are told that the tipster behind Racing King spends “Several thousands of hours analysing the markets from every perspective and watching every variable” as well as focusing specifically on certain race classes.

On top of all of this, Betfan also (as they always do) provide proofing for Racing King. Now, this is undoubtedly comprehensive. Every bet is accounted for and you can get a good idea of what is what. Unfortunately, very less than ideal formatting makes that it is really quite difficult to use this to get a full idea of what you are getting into. Not unless you’re willing to put in a log of effort. 

What is the Initial Investment?

There is no polite way of saying this. Racing King is expensive. Betfan offer 3 different subscriptions for the service which are “monthly”, quarterly, and six-monthly. As you might expect, the longer your subscription is, the better the value.

First things first, let’s talk about that “monthly” subscription for Racing King. This is priced at £45, however, it is noteworthy that Betfan actually bill this every 28 days. This means that you will ultimately pay that out 13 times a year. That can really start to add up.

Alternatively, there is slightly better value to be had in signing up to Racing King on a quarterly basis (technically 90 days). This is £126 for the period meaning somewhat better value for money than signing up monthly. The best value option is to sign up for the 6 monthly subscription, however, this does come with the rather eyewatering initial outlay of £214.

What is the Rate of Return?

But it’s all worth it. Right? I did after all point out that Racing King has made in excess of 800 points of profit in a year. Specifically, almost 830 points at the time of writing. Well, colour me impressed. Until of course, you start to look into the context for these results. By March 2021, Betfan’s proofing shows that the service was on a 270 point profit. By November, it was at just 338 points.

Of course, since then there has been a huge 500 point profit over about 4 months. But let’s circle back to the stakes. You see, whilst there may be some reason for staking 5 points per bet (although not one that I can see), that does hugely inflate the results. Furthermore, when you look at how much is being staked, it is hard to ignore that as an ROI, Racing King isn’t necessarily performing quite as well as Betfan present.  

Conclusion for Racing King

If you ask me, Racing King is a fantastic example of a cautionary tale and why you can’t just blindly take the words of tipsters. Betfan have every right to advertise this the way that they have. After all, this is a service that has seen more than 800 points of profit in a year. But that is only a very narrow way of looking at it.

You see, when I look at Racing King, the things that I think simply aren’t in line with this idea of an immensely profitable tipster service. After all, this is a service that over the course of most of a year, saw about 70 points. Except, that is using the inflated 5 point stakes. If you were betting just 1 point per bet, that would be just 14 points. For a service that would have cost you some £405 in that period.

But for now, let’s stick to those advised stakes. So, over 9 months, Racing King made 70 points of profit. Then a single day in January lost 40 points. The numbers just don’t seem to add up in my opinion. There certainly isn’t any obvious way that I can reconcile them. All that I keep thinking is that you are paying a lot of money for a service that in real terms, has performed really rather moderately.

The real consideration with me here isn’t just the amount that you can (or can’t) make with Racing King (depending on how you want to look at it). It is the incredible amount of work that you have to put into it. I can’t ever recall looking at a tipster service that just takes so much commitment.

When you bring all of this together, I just find myself really questioning what the worth of Racing King is. It is incredibly expensive, the results aren’t bad but they are very hard won, and your investment is really quite significant. That might be alright for a service that boasts consistency (something Betfan claim for this, interestingly enough), but I don’t really see that. Where there was consistency, it was effectively one massive plateau.

Honestly, I don’t really think that I would look to recommend Racing King. I can definitely see why Betfan are keen to push this, but for me, I just don’t see why you’d really want to put your time into this. There are other services that if you scaled up their results, would do just as well. They’d also cost less, take up less time, and require a smaller betting bank. And I don’t really think I can be much clearer than that. 

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