Speedform is a service which is being offered by an unnamed team. It provides people with a daily breakdown of information for races through the day.
Introduction to Speedform
There are a lot of different approaches to betting and betting products. Some people I know simply want a tipster to tell them what to do, when to do it, and so on and so forth. They want as little personal input into their betting as possible. And there is absolutely nothing wrong with that.
Others may prefer to be more hands on. This could be simply following a betting system or actively trading on a betting exchange based around odds movements. Or, you could aim to get much more involved, which is exactly where something like today’s subject, Speedform, would come into play.
Let’s be honest. If you want to become a better bettor, then you have to be willing to understand what makes a winning horse. And with all of the options mentioned so far, this isn’t really doable. But Speedform definitely opens that door up for you. So, you can improve your betting understanding and knowledge, and make some money as you do it? Can this really be as good as it sounds? Let’s see.
What Does Speedform Offer?
Where do you even begin to start when looking at what Speedform actually offers. There’s just so bloody much of it, albeit, all ultimately coming together under the same banner. But what really makes it difficult knowing where to start is not wanting to sell this short. Because I could easily sum it up.
“You get speed ratings”. In theory, Speedform really is that simple. And I could wrap this up here and now and I would be technically correct, but it doesn’t do justice to something that honestly, is a very impressive service. Nor does it really provide you with any genuine insight into what you are getting yourself into.
None the less, at least that answer of “you get speed ratings” gives me a reasonable place to start. And to be completely honest, they are the meat and veg of what Speedform is all about (I know, shocking given the name of the service).
Now, these speed ratings are ultimately presented in the form of a “master” SF rating which takes all of the information that the Speedform team provide into account. And in its purest form, you could simply use this as a tipster service of sorts. That SF score is the highest rated horse, ergo, it doesn’t seem unreasonable that you should be backing it.
However, I am of the opinion that it is incredibly important with something like Speedform to look at all of the other information that they include when talking about a horse. If only to ultimately understand where that final rating comes from.
Now a little earlier, I was talking about oversimplifying Speedform, and the reason I think this is unreasonable. And that is because the team behind the service provide you with racks of information for the days race cards. This ranges from information on the trainers, the jockeys, and of course the horse. Things you would expect and honestly, you can see in most major racing publications.
There are also things such as the information on performance on the same going, class, track and the official ratings. All of which are of course important factors in how a horse is likely to perform. However, these are still things that you will see in the majority of racing publications. So, what are you actually paying for here?
The answer to this lies in an element that is perhaps a little less well publicised. This includes (of course) the speed ratings. These are a largely American approach to horse racing which was are based around the idea that how quickly a horse finishes a similar course is an indicator of how it will perform in the future, all other things the same (for example the going, the track layout etc.).
Honestly, there is a lot to be said for this kind of approach and it is one that is starting to gain traction here in the UK. It is far from the norm however, and that is a part of what makes Speedform stand out a little from the crowd.
Moving back from the specifics of those race cards, I want to talk a little bit about the overall presentation of Speedform as a service. Everything is all very professional (as I suppose you would expect), with the information made available on a member’s area of the website. When you view the race cards, everything is colour coded providing you with an instant overview of the data.
All of this comes together to ensure that whilst this may all sound incredibly complicated, once you get to grips with it all, following Speedform is pretty straight forward. In fact, I would go as far as to say that in terms of this particular product type, it is one of the easier to follow and better looking examples on the market.
How Does Speedform Work?
There are ultimately two elements in terms of how Speedform works. First of all, there is how the speed ratings are reached. This isn’t something that team appear to discuss anywhere and honesty, I don’t begrudge them this. It seems very clear to me that a lot of time and effort is put into these proprietary numbers and I wouldn’t expect to see an in depth description.
The other element that surrounds how Speedform works is much more complicated, and that is how you ultimately choose to use those ratings. And this is where Speedform becomes both incredibly exciting, and incredibly intimidating.
First things first, you aren’t simply left on your own here. The team do provide users with a number of different strategies that you can choose to leverage but these aren’t necessarily in depth or detailed. Instead, you get a bit of an overview on what these different approaches entail and what you should be looking out for.
These different strategies involve utilising a massive variety of different betting markets and strategies. The more obvious examples are of course based around identifying and backing horses to win or place. However, there are also strategies that aim to help you find lay bets, as well as more direct trading strategies.
This opens up a lot of flexibility in terms of Speedform that is missing from a lot of services that I have looked at before which aren’t entirely dissimilar. And of course, there is also the final option for this, which is of course to go wholly on your own. Something which in theory can work for you if you have a betting strategy in plan. There is certainly enough information provided to do so.
What is the Initial Investment?
If you want to sign up to Speedform, there is just one option to do so. This is a monthly subscription which is priced at £29.99 per month. Honestly, that isn’t a massive amount of money to ask for a service of this nature.
However, if you do opt to sign up, there is a 14 day free trial available (at least, at the time of writing there is) after which that first months payment is taken. Furthermore, because Speedform is being sold through Clickbank, there is their usual 60 day money back guarantee in place as well. This isn’t mentioned in the sales material however, so you may have to go directly through Clickbank if you are looking to claim this.
What is the Rate of Return?
There are a few different numbers that are thrown around in relation to how much you can expect to make using Speedform. And whilst I will discuss these figures, they are ultimately somewhat irrelevant due to the nature of the service. But they do provide some idea of what can be attained, so they at least carry some weight.
First of all, the best possible results for backing horses involve backing the top SF rated horse to a number of different conditions, then there has been a profit of 581 points from 2,849 runners. That represents an ROI of 20% which is impressive, frankly.
Since April 2018, if you had been laying to early prices, then you’d have seen a profit of 731 points. This drops to a loss of 46 points to BSP though. This highlights the need to get those early odds if you utilise this strategy.
Ultimately though, what strategies you implement and how many races you bet on will dictate the results that you get. There is a lot of room for personal preference with Speedform and that makes a lot of sense to me. I would even go as far as to say that the whole service is built around that concept of personal preference.
Conclusion for Speedform
There have been products like Speedform before. This isn’t an entirely new concept. However, I don’t recall seeing anything like I for some time that feels nearly as comprehensive as this does. From everything that I have seen, what the team are putting out on a daily basis are consistently reasonable ratings that can genuinely improve your betting.
And in many respects, that can be the bottom line for Speedform. It delivers on what it sets out to do, and it does so at a price that honestly, isn’t really that badly priced. I know of tipster services out there who would charge a lot more than £30 and ultimately, that information is a lot less flexible than what you get here.
With that said, there is definitely a bit more work involved than there is with a tipster. After all, even with the strategies that are outlined for you, you have to put in some work. Whether or not that is ultimately a problem will depend on your personal circumstances, but for my money, I think that anything that gives you more control is a good thing.
Where Speedform really comes into its own in my opinion though, is if you are looking to try and develop your own betting systems. The fact of the matter is that whilst you can get all of the information elsewhere (and for free), there is something to be said for simply having everything in one place and colour coded.
So, with all of this in mind, I think that it is quite fair to say that Speedform is a solid enough product. There is clearly money to be made for a more casual punter, and for those who want to perhaps get little more in depth, there is even more to be had here.
Will it prove something that is workable for everybody? Probably not. There are definitely some people out there who will prefer something with a little bit less involvement. But by and large, I think that the Speedform team have put together a very workable product, and that is to be commended. Especially at the relatively low price that is involved.’