The Bank Builder is a horse racing tipster service that claims to be able to double your bank. It is offered through Sportsworld Publishing.
What does the product offer?
The Bank Builder is claimed to be a horse racing tipster service that is able to offer consistent and considerable growth of your betting bank using level stakes. The Bank Builder will typically offer selections on a near daily basis (with 76 bets in an 85 day period) for races across the UK and Ireland. Bets are win bets and involve backing horses with a huge variety of odds although the majority are around the 2.0 – 3.0 mark. The Bank Builder has achieved a strike rate of around 52% over a 3 month period which is respectable enough.
How does the product work?
As is frequently the case with Sportsworld Publishing, there is no information available on how the selections are made which is rather disheartening. My best bet would be that the tipster behind The Bank Builder is likely using form and statistics as the basis as Sportsworld Publishing point out that the results in January were less than desired due to tricky conditions (suggesting that results were not as expected due to factors that if changed, would likely throw off an “equation”). This is however only speculative on my behalf.
What is the initial investment?
Sportsworld Publishing offer The Bank Builder on a monthly and a quarterly basis. These are priced at £50 and £119 respectively per period. Unfortunately The Bank Builder does not come with a money back guarantee however this is typical for a tipster service.
What is the rate of return?
As Sportsworld Publishing frequently mention, The Bank Builder’s key selling point is that it has the ability to double your betting bank (with a 6 week period offered as a theoretical time scale). Since December, The Bank Builder has achieved an actual profit of £1,176 based off £10 per point staking. This means that between the 24th of February and the 21st of March, The Bank Builder has ultimately made a £14 loss on the bank (helped by a streak of 8 losses).
Conclusion
When the key selling point of your product is that you can double a betting bank, you should be very confident that your tipster can achieve this consistently. In the case of The Bank Builder this is looking unlikely. Don’t get me wrong there is a profit here with more than £1,000 having been made between December and March. It is however a long way from what I feel that you are being enticed to buy. This could also be lessened if The Bank Builder had achieved any sort of heights but the profits have only peaked at £1,288. Whilst this could be an off month for the tipster, I would personally be very cautious about The Bank Builder. The fact is that £50 for doubling your betting bank would be a fair offering but to make what this service has is perhaps on the steep side. Personally I think I’d be inclined to see how The Bank Builder performs in the future before seriously thinking about investing.
