Speedster is a new product which has been launched by the Betfan group with selections coming from an unnamed tipster. The results show some initial promise, however there are questions raised as well.
Introduction to Speedster
What if there were a betting system that was capable of super charging your profits? Would you want to be in board with such a thing? I am quite certain that most users who are reading this wouldn’t think twice.
And as such, I am not surprised that Betfan are looking to leverage this angle in the marketing for their latest service, Speedster. This new release is a graduate of the Tipster Planet platform and shows some quite impressive initial results.
More than most people however, I am aware that just because a service has performed well initially, this is by no means an indicator that the performance can be carried forward. In fact, in the case of a large number of Betfan products, they have been quietly closed down not long after release.
Is Speedster destined to be another example of this, or is it the real deal? Let’s delve in and have a look.
What Does Speedster Offer?
In some respects, Betfan have launched a relatively typical horse racing tipster service in Speedster. Logistically, this is everything that you would expect. It is a daily horse racing tipster service.
As is always the case with products form the Betfan group, selections are emailed directly to subscribers as well as being made available in an online member’s area. The emails that are sent out to Speedster users are of a very reasonable standard. There isn’t a lot of deviance in terms of how Betfan operate.
When it comes to the bets themselves however, Speedster is a kettle of fish unlike anything that I have ever seen before. This is in no small part down to the fact that the service is amongst the most eclectic that I can recall.
A look at the proofing provided by Betfan shows that there are an eclectic variety of bets involved with Speedster. These range from straight forward win bets, to each way singles, doubles, and patents.
These vary in volume, but by and large, you can expect to see at least 3 per day, sometimes even double this. There is little in the way of patterns with odds when it comes to Speedster although I believe that it is fair to say that most would be well described as middling odds.
This eclectic nature doesn’t just apply to the types of bets, but the staking plan as well. Whilst Betfan are perhaps best known for their 5 point level staking plan. Speedster does not adhere to this which is a good thing, but there still seems to be little in the way of a discernible pattern.
By and large, you will be advised to stake 3 or 4 points on bets. This is irrespective of the bet type. Sometimes this number increases on win bets and patent bets as well as decreasing to 2 points as well.
I have to hold my hands up and say that when it comes to the strike rate, I was originally expecting Speedster to be something of a disappointment.
The strong focus on accumulators, no matter how small, suggests to me that you won’t win often. The proofing from Betfan does however demonstrate that this isn’t the case (at least in the shorter term) with a very respectable strike rate for Speedster of 38.19% at the time of writing.
How Does Speedster Work?
I often find Betfan to be frustratingly vague when it comes to talking about how their tipsters find selections. In many ways, Speedster is no different. There is the usual spiel about growing up with horse racing, spending time betting with Dad, and watching races in the afternoons.
With this comes the inevitable claim that the tipster behind Speedster has a wealth of contacts, the sales material claiming that they “enhance [his] detailed analysis”. On top of this, Betfan refer to him as “one of the few people in racing who knows exactly what to look for when studying race horses”. All quite vague statements to be honest.
Slightly more helpful is where there is talk about speed ratings. Looking at wider variables in a race than form, looking at the variants that different tracks can provide. This paints a much more interesting picture. One of the key things which is mentioned in relation to the selection process for Speedster is speed ratings, an approach that I have see used quite successfully before now.
Ultimately, it is said that selections are based on assessing where a horse should be placed, and then watching for it to get optimum conditions. I definitely have more faith in these more analytical statements than the other stuff.
What is the Initial Investment?
There are 3 options available if you want to subscribe to Speedster. The first of these is a 28 day subscription which is priced at £37. It is important to note that if you take this option of subscribing to Speedster, then you will pay this 13 times in a year.
The next option is to sign up on a 90 day subscription.
This represents better value at a cost of £87. Finally, and by far and away the best value, is an option to sign up to Speedster on a 6 monthly basis. This is priced at £97.
As is the case with all products which are sold through Betfan, there is no money back guarantee in place. The team do however say that they review all refund requests and when they believe it is warranted, they may look to issue this.
What is the Rate of Return?
Since August 2018, Speedster has produced a profit of 452.81 points at the time of writing. This represents an ROI of 48.26%. These are some very strong results and even when you factor in the stakes, Speedster would still have generated a decent profit of some 120-150 points.
In 3 months, this is still a lot of profit. There are some indicators that this won’t be for everybody though. Looking at the proofing from Betfan, there is a clear pattern of a few big wins supplementing the over all bank, specifically, 2 of them. Otherwise, there is a generally decline in the betting bank with little consistency.
Conclusion on Speedster
There is a lot to process with Speedster, and I want to break this all down in order to help facilitate understanding about my final thoughts. There are some very strong results that are published by Betfan.
The problem that I have here is that these results are not necessarily representative of what is actually happening and that is very important to keep in mind.
Speedster got off to a pretty flying start based off the proofing with 330 points of profit within the first 2 weeks. Of course, this is based on 3 point stakes. There is then a plateau before another big win bumped up the profits some more.
There has since been a decline which may potentially begin to be a trend, and that goes a lot against Speedster. Especially as the fact that big wins seem to be where the profit is at when it comes to the service.
This means that if you join at the wrong point, then Speedster is not working for you. Consistency to me is more important than anything else.
Pulling in big wins is a great thing, and there is no doubt that some people who get in at the right time will laugh all the way to the bank. Unfortunately, these people will be in the minority.
On top of this, I think that Speedster is actually quite expensive. There is a lot of value to be had in the longer term subscriptions, but in committing to that, you also lose more money should the service not perform.
Do you really want to commit 6 months to a service with 3 big wins, just because it works out cheaper than a monthly or 3 monthly payment? I certainly wouldn’t.
Al of this is why I can’t really bring myself to recommend Speedster. I don’t think that it is necessarily a bad product. The overall results that have been achieved are very strong and there is no getting around that fact.
However. And this is a pretty big however, whilst the overall results are good, a look at the day to day paints a contradictory picture. Whilst a long term view is undoubtedly needed when it comes to betting, I would still rather look at the day to day than anomalous events.
