The Value Thief is a horse racing tipster service from Tipster Street that specialises in providing straight forward tips to subscribers.
What does the product offer?
The Value Thief is a horse racing tipster service offering daily horse racing selections. It is an email based service with any tips being sent out directly, typically between 9am and 11am with an average of 61 bets offered per month. Tipster Street say that all bets that The Value Thief recommends are win bets with a level staking plan of 1 point per bet. The Value Thief offers selections on the main 4 horse racing disciplines. Between March 2014 and January this year The Value Thief has achieved an average strike rate of 30% according to Tipster Street’s proofing. It is worth noting however that the strike rate has ranged on a month by month basis from 15% all the way up to around 48% meaning that The Value Thief isn’t necessarily the most consistent of services.
How does the product work?
As is suggested by the name, The Value Thief is based around identifying value bets. This has definitely produced some high priced winners for the service with Tipster Street citing several examples of wins where the odds are well into double figures. The actual selection process however isn’t ever explored which is a shame as I would expect some insight into this.
What is the initial investment?
There are three different subscription lengths available for The Value Thief which are monthly, quarterly and lifetime. These are made available for £19.95, £29.95 and £159.95 respectively although all three options come with month of selections for just £4.99. As is typical with most tipster services, Tipster Street do not offer a money back guarantee on The Value Thief.
What is the rate of return?
It has been a little over a year since The Value Thief went live and since then, it has achieved a points profit of 560.73 points. This amounts to a monthly average of around 50 points or an 84% ROI.
The Value Thief covers four different disciplines and it is only really when you start to break the service down and look at them on an individual basis do you get a full picture. For example the flat service is a runaway success accounting for almost 70% of the profits that The Value Thief has made, despite only running for 8 months. The hurdle based service by contrast accounts for just 2% of the profits which mostly seems to be down to a single win that came in at 17.5 odds. This is generally reflective of most of The Value Thief to be completely honest, with the second best performing race type accounting for 19% of profits. Whilst this information initially seems pointless it can help to manage a betting bank more efficiently and this is something that anybody should want to do.
In terms of The Value Thief as a service, it has produced reasonable profits but arguably most importantly is that it has done this at a fair price. Does this mean that it’s the best thing ever? Not at all, but it does mean that The Value Thief isn’t worth dismissing out of hand.