Racing Matrix is a horse racing tipster service from Peter Herd that claims to be able to provide subscribers with selections that win on a consistent basis.
What does the product offer?
If you buy into the sales material for Racing Matrix then Peter Herd’s selections are able to provide you with the kind of consistency that will allow you to generate “an income you can rely on”. In reality Racing Matrix seems to be a rather straightforward tipster service in terms of how it operates. Peter Herd sends out selections via email as well as uploading them to a member’s area on the Racing Matrix website. In terms of what to expect from Racing Matrix, there are between 2 and 4 selections each day which are advised as win bets however Peter Her says that you can also bet each way depending on your style. Selections tend to be higher odds with a not insignificant number getting into double figures. In spite of this, Racing Matrix has a claimed strike rate of 41%.
How does the product work?
The selection process for Racing Matrix is something that is frankly rather lacking in detail. Peter Herd says that all of his selections come from a piece of software that he created himself (he allegedly has a background in software development). This in turn is seemingly based on all kinds of factors ranging from the health of the horse and jockey to the amount of time that the journey took (as horses are more stressed after a long journey). Whilst all of this seems to make sense to me it simply seems like dodging a real question.
What is the initial investment?
There is no doubting that Racing Matrix is cheap with Peter Herd charging just £20 for 3 months of selections. On top of this, the cost is backed up by a 60 day money back guarantee as Racing Matrix is sold through Clickbank.
What is the rate of return?
Peter Herd claims that he has made £11,330 in just 4 months betting to £10 stakes. This would put the points profit at a frankly unbelievable 1133 and an ROI that would be edging towards 30%.
Conclusion
On the surface of things Racing Matrix looks like a pretty legitimate offering with Peter Herd even going as far as to offer proofing. What sets off alarm bells however is the fact that this proofing hasn’t been maintained since the service went live (the website went online at the start of this month) which means that past results could easily have been cherry picked. For me this isn’t the only red flag, for example the “evidence” provided are screenshots that frankly look to be doctored (although that isn’t to say that they are).
All of that having been said if you do decide that Racing Matrix is worth a punt you aren’t spending a lot of money for the privilege. £20 for 3 months (and with a 60 day money back guarantee) isn’t a significant outlay however I am not sold on Racing Matrix personally.
