The Bookies Club is a new to market horse racing tipster service which is operated by one Markus Ivanov. He claims to provide some incredibly strong profits for subscribers with his betting advice.
Introduction to The Bookies Club
Hate is a strong word. But I don’t think that it is unreasonable to say that most of us reading this have an intense dislike of bookies. From some of their proven and highly questionable tactics, to simply closing down profitable accounts, and even flat out refusing to pay out on bets. I don’t want to say that they’re all bastards on a personal level, but the industry is clearly skewed in their favour.
I think it’s quite important to put this down, because when somebody like Markus Ivanov comes along who talks about having inside insight into the strategy’s bookies use, and how he can use this to help everyday punters… Well, I think that the appeal is quite immediate. In fact, I don’t know of a single bettor who wouldn’t like to have that same inside edge.
Especially when The Bookies Club is being touted off the back of an incredibly strong profit over the last year. Specifically, we are talking about 6 figures. All of which has been won with a very small amount of risk. As if this isn’t enough, Markus Ivanov really isn’t asking a lot for his tips. So, The Bookies Club is a winner and we can all go home, right? If only it were that simple…
What Does The Bookies Club Offer?
There is a lot that you can say about what The Bookies Club offers. Hell, if I’m honest, I’ve already covered some of that ground. But I feel like Markus Ivanov himself ultimately says more than I could with a few select quotes, all of which actually come from the headlines for the service. These include:
“Discover Race Betting’s BIGGEST SECRETS from the most successful bookies forum.”
“Tricks of Trade Exposed on How Bookmakers Always Stay ONE STEP AHEAD of Punters Now the Table has Turned! The Bookies Club brings JUSTICE FOR PUNTERS.”
It all sounds very impressive for something that ultimately, seems to be a pretty run of the mill tipster service to me. The fact is that looking at The Bookies Club, there isn’t really a single element that I believe I can look at that is tangible or doesn’t bank on simply taking Markus Ivanov’s word, that is in any way really interesting.
What this means for you is a near daily tipster service. As you would expect, selections are sent directly to subscribers by Markus Ivanov. Unfortunately, the amount of detail that is included with these selections is minimal at best. You get just enough to know what horse you are betting on and that is it. In fact, even in the sales material for The Bookies Club, you are simply told to place bets with the bookie of your choice.
Not at all surprisingly, this means that something like Oddschecker is your best bet of getting value here. Although, given that Markus Ivanov sends out his selections (sometimes quite late) in the morning, even here there is somewhat limited scope. This also means that those of you who work a 9-5 may struggle (although this may well end up proving a blessing if I’m honest).
In terms of the bets themselves, The Bookies Club is concerned exclusively with horse racing (an interesting element that I will talk about a little later). This of course means that there are only so many markets that are available, and in this case, you will exclusively be dealing with backing a horse to win.
The range of odds here is relatively narrow. From what I have seen so far, there may be some slightly higher examples that get into double digits, but by and large you are dealing with very middling numbers. This doesn’t come as a surprise to me given some of the doubts that I already have about the service.
The volume of bets is also unremarkable. Most days you will see just a small handful of bets. Now, this seems to be somewhat at odds with the nature of The Bookies Club and how it is supposed to work. Given the access that Markus Ivanov claims to have, I would honestly have expected to have seen more bets placed.
In terms of the staking advice, there is unfortunately nothing. You are very much on your own here. For what it’s worth if I were following The Bookies Club (and that is a pretty big if), I would be looking at level stakes of 1 point with a minimum of a 100 points bank.
Truthfully, if that claimed strike rate could be delivered, you’d be laughing. However, as I will discuss, I also have concerns around this area as well. As such, I genuinely believe that you would need a pretty big buffer to absorb the losses that seem to be more inevitable.
And all of that allows me to come to the strike rate, or should I say, the claimed strike rate. Markus Ivanov says that on average, he hits a strike rate of 80%. This means just one bet in 5 losing. This would be a strong claim if you were backing a horse to lose a race, never mind win the thing.
Rather frustratingly, although not at all surprisingly, there is no proofing to back this number up. As such, you are simply taking Markus Ivanov’s word that the risk that is involved is actually well managed.
How Does The Bookies Club Work?
Now, everything about The Bookies Club is very much based around a… Well, not surprisingly, highly questionable set of circumstances. These circumstances that have almost nothing to do with actual betting knowledge.
You see, if you believe Markus Ivanov, he doesn’t really need to know anything about horse racing because he is getting information directly from bookmakers. The tale goes that he was paid to create a private forum on which bookmakers come together every day to work out the odds that they are going to set for the day, exchange insider information, and discuss race fixing plans.
This information is the ultimately used by Markus Ivanov in order to identify winning bets which are then sent to The Bookies Club subscribers. In theory, this all sounds very impressive however, these claims are of course entirely unsubstantiated. They also have an air of appealing to those who simply aren’t in the know.
The fact of the matter is that even if you put aside some incredibly reasonable doubts and take all of this at face value, there are clear questions that can be raised about the tangibility of these claims. For example, what happens if Markus Ivanov loses access to this forum? It isn’t inconceivable at all. But of course, all of that supposes that any of the claims made are true. Which I don’t believe that they are.
What is the Initial Investment?
If you want to sign up to The Bookies Club, there is only one option available. This is a one time cost of £29.99 (plus VAT). We are told that this gives you unlimited access to selections. We are also told that this represents a significant discount on the “real” value of £126.99. A claim that frankly, seems like nothing more than a cheap marketing ploy.
It is worth noting that because The Bookies Club is sold through Clickbank, this does mean that there is a full 60 day money back guarantee in place. One of the only things that I think that I can credit Markus Ivanov with is that this is at least well-advertised.
What is the Rate of Return?
When it comes to the income potential of The Bookies Club, there are three sets of numbers that I think really need to be considered. The first of these is that a semi-retired bookie (supposedly a member of the forum who was betting based on the advice discussed) made £204,867.80 last year. Quite how this is disclosed without Markus Ivanov giving away that he has access to the conversations isn’t discussed.
The next claim is that Markus Ivanov personally makes £4,000 per week using the same selections that are issued to subscribers. This number very neatly fits with the above claim in terms of an annual income.
Finally, and potentially most interestingly, we have the points profits. We are told that The Bookies Club has made between 40 and 50 points per month since August 2019. For the sake of posterity, we will say that this averages out at about 44 points per month or 11 points per week.
This means that if you wanted to make the £4,000 per week that is claimed, you would have to stake £363.63 per point. Not only is this a highly unusual number, but it is also much more than most people would be in a position to bet. It is worth keeping in mind that none of this really comes with any proofing.
Conclusion for The Bookies Club
I’ll admit one thing about The Bookies Club. There is no denying that there is something enticing about the fantasy. Wouldn’t we all love to really get one over on the bookies? Especially, with their own inside information. Let’s be honest, there is just a lot of pleasure to be derived from this. Unfortunately, it seems that seeing this as a fantasy is about where this ends.
The realities of The Bookies Club are much bleaker, unfortunately. From what I have seen so far, what you are really looking at is a worse than average tipster service. The results that are claimed don’t seem like they are even remotely attainable. And realistically, if you look at what Markus Ivanov claims, it just doesn’t really add up.
What I see here is something that I haven’t seen for some time. And that is effectively a very good narrative that does a fantastic job of selling a product. This factor is what is most likely to drive the result. Not reality. The fact of the matter is that if any reputable tipster were getting results like Markus Ivanov claims, they would be providing proofing and shouting it from the rooftops.
Sure, there is that story about being an unobserved watcher and not wanting to give away a secret, but let’s be honest. If any of this were genuine, I find it highly unlikely that Markus Ivanov would really be letting people in on this. Especially not for £30. But of course, I also feel like ultimately, this it is priced this low to lure in those who may not question things as much as I do.
And things like this aren’t the only problem that helps present The Bookies Club as being questionable. Another great example of this lies in the markets that you bet on. If bookies are really discussing the things that Markus Ivanov claims, why would this be limited to horse racing? One would imagine that there are plenty of other sports that were being discussed.
Honestly, I find all of these things to present a very strong argument as to why The Bookies Club is questionable. And off the back of this, I am confident saying that this is a tipster service that you should really be looking to avoid. As far as I am concerned, what this does is appeal to greed and naivety.
Unfortunately, the only person who is likely to profit of this is the vendor selling the product. A vendor that, I would hasten to add, has a history of putting out these kinds of questionable tipster services.