The Racing Trader Review

The Racing Trader is a brand new and seemingly independently operated horse racing tipster service. Creator Duncan Rafferty says that there is very little risk involved in following his selections.

What does the product offer?

The Racing Trader is seemingly a rather straight forward horse racing tipster service with everything I have seen to date doing nothing new or interesting. Whilst this rather standardised approach to a service can, on very rare occasions be beneficial to users, I am not entirely convinced that this is going to be a sterling example of this. There are a number of things that make me think this, and over the course of this article I will look at them.

First of all, in terms of what you are actually getting, The Racing Trader does nothing new with Duncan Rafferty simply emailing users each morning. These selections appear to be a daily occurrence with the sales material for The Racing Trader saying that all you have to do is place the bets that are advised by the system. Supposedly, you’ll be earning dosh quicker than you can spend it, all from 5 minutes work per day.

This sounds too good to be true and as one would expect, it probably is. One of the things that immediately raises red flags about The Racing Trader for me is that there is very little detail on the sales material about what the service entails. Whilst the majority of bets are win bets, there is nothing to suggest that this is the case before you sign up for The Racing Trader. This means that feasibly, you could be getting ridiculous types of bets and selections that aren’t really viable.

Given the clear lack of information on what the service entails, it my come as no surprise to learn that Duncan Rafferty provides no staking plan either (with 1 point per bet assumed). Looking at the rest of the numbers, there is a claimed strike rate for The Racing Trader (which is probably the only piece of information that I have seen). Duncan Rafferty says that he can predict horses with an accuracy rating of 88%, supposedly.

This figure appears to have been hashed out over a year, however there is nothing explicitly stating this. It is also of importance to note that there is no proofing supplied to back this claim up either.

How does the product work?

The sales material for The Racing Trader uses a narrative thread which I have seen a million times before. Duncan Rafferty was a city trader who was head hunted at a young age because he’s supposedly great at building systems to predict winning trades. Having been made unemployed, an intern at the company suggested that he could make money by creating his own system for horse racing rather than trading markets.

I am sure that anybody reading this can see why this might be a questionable tale. Likewise, the claim that Duncan Rafferty was able to develop a high winning horse racing system in just a 2 month time is somewhat suspect. I also find myself highly cynical of the claim that in the same time period, he was able to develop software that followed said system. All of this ultimately becomes the backbone of The Racing Trader according to Duncan Rafferty.

You will notice that there is no real information provided her in terms of how the system works and this is with good reason. There isn’t any provided. Duncan Rafferty instead seems to rely on the story he tells here to convince you that it is a worthwhile service. This is yet another red flag for me.

What is the initial investment?

The Racing Trader is being marketed as a comparative bargain with Duncan Rafferty saying that there is just a one time cost of £36.50 to pay. This subscribes you to his selections for a full 12 months and represents a massive saving on the claimed actual value of the service of £365. Duncan Rafferty does say that once 50 spots that are available for The Racing Trader have been filled, the price will go up to this higher amount.

There is a full 60 day money back guarantee in place for The Racing Trader and to credit Duncan Rafferty, he is very forthright of the availability of this. It is worth pointing out that this 60 day money back guarantee is provided through Clickbank (as payment is processed through them) so you shouldn’t really have any trouble claiming it.

What is the rate of return?

The income potential for The Racing Trader is without a doubt the main selling point and this is something that Duncan Rafferty is keen to lean on in terms of the marketing. In just one year, he claims that the system behind The Racing Trader made £96,000 per year. Furthermore, there are claims of making £8,000 per month and even a claim that in your first week “you will make more than £2,000”.

Given that there is no proofing provided, I am massively sceptical of Duncan Rafferty’s claims about how The Racing Trader will perform. Combine this with the fact that there is nothing to suggest how much is being staked to make these numbers and I am made doubly uncomfortable by them.

Conclusion

Perhaps the first thing that I feel I should address about The Racing Trader is the sales page itself. This isn’t something that I tend to look at too often as you can usually tell a genuine service from BS pretty easily. In the case of The Racing Trader, it looks as though Duncan Rafferty has purchased a simple guide to marketing and followed a template. There isn’t necessarily anything wrong with this, but it does force me to cast a lot of doubt over his abilities as a tipster if he is having to take this approach to selling. What I mean by this, is that he genuine tipster services that I have looked at are rarely reliant on gimmicks and trying to manipulate readers through colour use.

There are also a number of what I refer to as “red flags” in the marketing for The Racing Trader and all of these are worrying. First of all, Duncan Rafferty is more concerned with selling us a narrative for his product rather than the service itself. Consider that the bulk of the text on the sales material is spent establishing his so called “credentials” as a system developing expert. Moving on from this, there are plenty of examples demonstrating what you can buy with your income. This is something that in its own rights isn’t problematic, but again this is a focus. This means that instead of talking in figures that hold Duncan Rafferty accountable to some degree, The Racing Trader uses numbers that are unlikely to be achieved by anybody.

The biggest problem however is the sheer volume of information that I would expect that Duncan Rafferty has missed out. He claims to have been trialling The Racing Trader for 12 months (or at least, that is the implication), and presumably, records have been kept. If this is the case, why is there no proofing? Things like this are marketing 101 when it comes to a tipster service. People want to see how your service performs over an extended period of time as well as how much you were betting. This is all hugely important as it allows a purchaser of your product to make an informed decision, rather than simply taking your (frankly, questionable) word on it.

All of this comes together to make a product that I simply don’t have any faith in at all. The whole thing has the feel of a marketer who is trying to launch a tipster service rather than a tipster who is trying to figure out how to market his service. This is a massive distinction as the bit that makes you money, is how the service performs.

With this in mind, I would give The Racing Trader a wide berth. I can see the appeal, especially given the fact that Duncan Rafferty has priced The Racing Trader so low. Realistically though, I can imagine that in 59 days time, if you choose to claim a refund for the service, you would have lost much more money than the purchase cost by that point.

 

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From: Simon Roberts