The Last Waltz is a new horse racing tipster service which is provide through the Punthub tipster platform. It is a new service which has been trialled for a decent period of time.
Introduction to the The Last Waltz
Punthub have rather significantly grown their brand recently and they are putting out a lot of tipster services with mostly reasonable results. It is with this in mind that I am rather keen to look at The Last Waltz, especially considering how the tipster stable report on the service.
They make a number of positive claims about what you can expect from The Last Waltz, so far so good right? Meanwhile, the results for the service are somewhat modest looking at a first glance. So, which of these represents an accurate reflection of what you can expect here? Let’s take a look and see.
What Does The Last Waltz Offer?
Truth being told, The Last Waltz is a pretty typical example of what you can expect from a horse racing tipster service. This is applicable in a number of ways including the logistics. What this means is that on an almost daily basis, selections are issued to subscribers directly via email.
The quality of these emails is actually pretty good quality which is a credit to Punthub. This does mean that following The Last Waltz as a service is a relatively straightforward affair, something that cannot be said for all tipster services.
In terms of the bets themselves, there isn’t anything that necessarily jumps out immediately (keeping with the typicality of The Last Waltz) but this may not necessarily be the worst thing. All bets that are advised are straight win bets.
The volume of bets is more than manageable with most days having no more than 3 or 4 bets. There is a decent range of odds that you will be backing horses at with The Last Waltz ranging from less than evens to some middling odds.
There isn’t any explicit mention of a staking plan in the sales material for The Last Waltz, however Punthub’s proofing does demonstrate that there is something there. All bets are advised to be backed to level stakes of just 1 point on all bets.
This does make managing your betting bank a pretty simple affair. It should be noted that there is unfortunately no advice on what kind of betting bank you should need, however I believe that 100 points would be adequate to cover the losing streaks that The Last Waltz does encounter.
Finally I want to talk about the strike rate for The Last Waltz, however it should be noted that there isn’t actually any claim made by Punthub. With that said, there is some proofing which provides a pretty good idea. Effectively, the strike rate works out at some 27%. This isn’t a terrible figure, but honestly, nor is it necessarily a great one.
The fact of the matter is that I have mentioned the point about there being losing streaks with The Last Waltz and these can start to add up.
How Does The Last Waltz Work?
We are told by Punthub that the tipster who is behind The Last Waltz has significant betting experience (he has supposedly been backing horses for about 10 years. Back then, he says that he had an approach that was based around a certain jockey and race times. Since then, we are told that the tipster now studies last races exclusively and has “built up some exciting stats which are still working today”.
This for me provides a decent amount of insight which is combined with quite significant proofing. It is by no means complete, and I will always argue that consumers deserve more information.
With that having been said though, I do believe that if there is one thing that you can quite definitively say about The Last Waltz is that you are in a position to make an informed decision. This is a lot more than I can say for some tipster services and I believe that it is a very strong positive for Punthub.
What is the Initial Investment?
If you want to subscribe to The Last Waltz, there are just two options which are available. The first of these is a monthly subscription which is priced at £39 per month. Alternatively, Punthub provide a quarterly subscription which provides slightly better value at a cost of £89.
It is worth noting that there is no money back guarantee or refund policy in place, however, you can get access to your first month of selections at a reduced cost of £20.
What is the Rate of Return?
Between mid-December and March of 2018, The Last Waltz has ultimately produced a profit of just 34.53 points. It goes without saying that this isn’t a particularly profitable service. When you factor in their run for April, things only look worst.
At the time of writing this (about half way through the month), The Last Waltz has incurred a substantial loss of 23.2 points That means an effective profit of just over 12 points in this period and frankly, I don’t see that as being good enough.
Conclusion on the The Last Waltz Service
As I find myself saying surprisingly often, the bottom line of any tipster service is the profit and loss. In the case of The Last Waltz, a profit has been made, but it is marginal and by the time you have factored in subscription costs, you are likely looking at a loss unless you have significant investment. To put this into context, if you were staking at £15, you would come out slightly higher than breaking even.
Whilst The Last Waltz doesn’t come out looking great in the context of an individual tipster service, when you start to compare it to other services of a similar pricing, it falls even further in my opinion.
Honestly, for £40 per month I would expect more than trifling monthly profits that I have to stake quite highly for. I can think of a number of tipster services that cost less than The Last Waltz and make more money. There are some what even exist within the Punthub stable.
So The Last Waltz is ever so slightly on the expensive side, and it is barely making any money in the grand scheme of things. Are there any redeeming factors to this? From what I can see, not really, and this is a shame because I wanted to like The Last Waltz.
It is clear to me that Punthub have worked with a tipster who has a vision, and I don’t find myself doubting their past success. As such, I am going to try and be positive and say that it may be worth keeping half an eye on this.
As it is, this isn’t something that I can really bring myself to recommend. There are some people out there who will make the argument that a profit is a profit, and they might be right, but the amount of time and effort that is put into The Last Waltz, I just don’t see the rewards as being worthwhile.