Racing Kudos Review – Betfan

Racing Kudos is a new horse racing tipster service which is being offered through the Betfan group. Selections come courtesy of a tipster referred to simply as Bradley.

Introduction to Racing Kudos

If there is one thing that I will say about Betfan, it is that they have a knack of sniffing out tipsters who are very much in form. This of course is a big part of how they are able to market tipster services as having produced incredibly high profits in a relatively short space of time (usually with some very specific stakes as well, of course).

And let’s not mince word here. The results for today’s review subject, Racing Kudos, are just that. Incredibly high profits. The numbers involved aren’t trifling, and I will explore them in more detail below, but when a tipster can make almost 600 points of profit in just one month, it would be naïve of me to dismiss this kind of result out of hand.

So, with all of this in mind, it would seem that this is a rare opportunity to get genuinely excited about a tipster service. Combine the fantastic results of Racing Kudos with the fact that Betfan generally do a great job of managing a service, and you would think this is a clear winner. But is all really as clear as it first seems?  

What Does Racing Kudos Offer?

Looking at Racing Kudos, there are two things that stand out to me very clearly. The first is that about a half of what Bradley does is very much typical of what you would expect from a modern tipster service. The other half of it takes a lot of things to just… crazy high levels. And with so much divisiveness, it is hard to really know where to start.

For me, this is a service that is all about risk. That’s something that you can say about any tipster service though, so why would it matter so much more when it comes to Racing Kudos? There are a lot of reasons for this, and those are the things that I want to start by looking at. As such, you can expect me to start… Well, somewhat negatively.

The first thing that I want to talk about is the bets. Now, usually, this is all relatively straight forward. However, there are points surrounding this element of Racing Kudos that really deserve some time being spent on them. Don’t get me wrong, not everything is polarizing. For example, the bets that Bradley advises are mostly win bets. Betfan’s proofing shows that there might be the odd each way.

There isn’t a lot in there that can be said to be controversial. Nor do I think that this is the case when it comes to the odds. Sure, there is a massive range of odds that you will be backing horses at (you can go from a 1.44 win to a 150.00 each way bet in the same day), but that can be for a lot of reasons. And honestly, I don’t see that variety as a bad thing.

When it comes to the volume of bets however, things start to become somewhat more… Intimidating, shall we say? On a quiet day, Racing Kudos can still expect to see some 3 bets or more. On a busier day though, you can be looking at more than 10 bets. And that isn’t an uncommon event wither with numerous days providing this many selections.

And all of that brings me to the staking side of things. You see, a look at Betfan’s proofing shows that all of the bets that are recommended to be backed to 5 points per bet. And whilst I often say that this can start to add up, never has it been more apparent than here. Because ultimately, Racing Kudos is a tipster service that is asking you to potentially stake 75 points in just one day.

Sticking with the theme of risk, if there is one thing that I can credit Bradley with, it is the fact that Racing Kudos has a strike rate of 29.96% according to Betfan’s proofing at the time of writing. When you factor in that this does include a month that currently shows almost a 100 point loss, I don’t think that this is necessarily a bad number if I’m honest.

Moving on from this, I want to talk about the management side of things. It isn’t unreasonable (at least, I don’t think it is) to say that everything about Racing Kudos up to now is pretty divisive. However, this is ultimately a Betfan product and there is no getting around the fact that they are very good at what they do.

So, whilst I haven’t really talked about it in detail so far, selections are provided on a daily basis (another element that contributes to the risk surrounding the volume of bets and the stakes). These are made available in a variety of different ways.

First of all, Betfan make selections available directly via email. This is of course in line with pretty much every tipster service on the market. There is also a Racing Kudos member’s area that you can log into to view the selections online as well. Finally, there is also Betfan’s app. This is available on both iOS and Android and is arguably the best option.

When you are notified of selections, you will receive everything that you need in order to get bets placed. Unfortunately, that is about where the line is drawn. That doesn’t surprise me though given the volume of bets. If you are sending out 15 selections in a day, it only makes sense that you want to be efficient with your information.

How Does Racing Kudos Work?

One of the more frustrating elements of Racing Kudos is that there isn’t really any information provide about what the selection process entails. We are simply told that Bradley is “the genius behind Racing Kudos”. This rather distinctive lack of information is very problematic for me for a number of reasons.

Now, I want to preface his by saying that you can look at the results and I don’t think it would be reasonable to guess that there is a strong element of value. This is somewhat evidenced when you look at the odds that are involved. I would hope that this is the reason that you are backing horses at 150/1 and not because the service mindlessly pursues big wins.

The fact of the matter is that I am a strong proponent of consumers being able to make an informed decision. In the case of Racing Kudos, I don’t really see how you can say that you are making this here. There is just no real way of reliably saying that you can understand the rationale behind selections.

Now, I will admit that the fact that Betfan provide a comprehensive proofing does go some way towards mitigating this lack of information. However, I also don’t really believe that the results are necessarily reflective of what you can realistically expect for the longer term future.

What is the Initial Investment?

There is no escaping the fact that if you want to follow a Betfan product, you will typically have to pay a bit of a premium for it. And this definitely applies when it comes to Racing Kudos. Fortunately, there are a lot of different options available to suit different budgets.

The lowest outlay option is a weekly subscription which is priced at £15 plus VAT every 7 days. However, this also represents the worst value by a long stretch. The next option is a monthly subscription. This is priced at £45 plus VAT, however, this “monthly” subscription is billed every 28 days. That means you will pay this out 13 times a year.

Alternatively, and representing significantly better value, you can also sign up to Racing Kudos on a quarterly basis at a cost of £126 plus VAT every 90 days. Finally, and representing the best value is a 6 month subscription. This is priced at £214 plus VAT which does also mean that it comes with the highest initial outlay.

As is the case with all products from Betfan, there is no real money back guarantee in place for Racing Kudos. The team do say that they review refund requests, however they also say that these are not typically offered.  

What is the Rate of Return?

The results for Racing Kudos are undeniably what the appeal is here. Because, and I will not mince my words, they bloody incredible. In 3 months, Bradley produced a profit of 1038.8 points. 1,000 of those were entirely made in just 2 months. I will absolutely commend these results, and even when you factor in the 5 point stakes, these are still some incredible results.

In theory, I could wrap Racing Kudos up there. But I don’t think that it is necessarily right. For example, going from that high point of 1038.8 points, Racing Kudos currently stands at 941.37 points. This means a 97.43 point loss, and it’s only half way through the month. It is clear to me that this number can still increase exponentially.  

Conclusion for Racing Kudos

I’m rather polarised by Racing Kudos, and I won’t lie. A lot of that polarisation is driven by greed. Even as I’m writing this, I have up the graphs charting the profit and loss, and it is so difficult to ignore those massively profitable months, even when they are put up against a losing month that for most services, would represent pretty much a full betting bank.

Honestly, I can’t think of a service that I’ve looked at for some time that carries so much of a “but it could happen again” feel. And that is mostly because Bradley’s profits have come from a relatively normal betting pattern. This isn’t a service that involves waiting for a single 500 point win to take those profits up, they have been built organically. And so surely, they can happen again. Right?

The short answer to that is of course, yes, it can. But I don’t want to get too hung up on these results. Because first of all, they follow a 5 point level staking system. As such, you can very easily scale these numbers back. And in my opinion, it would be the right thing to do. To 1 point stakes, you would still be looking at a very impressive 188.27 points of profit since September.

You would also be facing losses of closer to 20 points than 100 points for December (again, at the time of writing). This would of course make for a much more manageable system with much less risk in my eyes.

The risk is of course a problem, but another thing that I want to talk about is the costs involved. The very cheapest that you can expect to pay for the service on a monthly basis is £42.80 per month inclusive of VAT. However, this is based off an outlay of £256.80 which is a lot of money to pay out for a service that isn’t really proven in the long term.

And that final point is, I feel, is the most poignant statement when it comes to Racing Kudos. I just don’t feel like Betfan have necessarily proven the service in the long term. Yes, there is clearly potential for those results to be repeated. But with that said, there is also the possibility that they might not. And that can be expensive.

The problem with this being of course that you are sinking a lot of money into this because of those high stakes, and with no longer term proofing, there isn’t really any realistic way of how long you will be doing this.

So, would I recommend Racing Kudos? Honestly, it is worth some serious consideration. However, this does come with the caveat that there is potentially a lot of risk here. For my money, I would be inclined to give this a few more months in order to see what exactly the future is likely to hold.

 

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From: Simon Roberts