The Value Tipster Review – Best System Bets

The Value Tipster is a new to market horse racing tipster service which is operated by Best System Bets with selections coming courtesy of Owen Boyd. He claims that his bets provide an opportunity to make a decent income through betting.

Introduction to The Value Tipster

There aren’t many things that I think most bettors will definitively agree on. The fact is that there are so many different approaches and strategies out there. And that isn’t a bad thing. Too many eggs in the same basket and the bookies will smash that basket like an unruly toddler. If there is one thing where I think there is a lot of common consensus though, it’s the idea of extracting value from your bets.

I’ll talk more about value a little later on, but effectively, it’s finding bets that have been priced incorrectly by bookies or are favourable to a punter. This happens surprisingly often. And according to Owen Boyd, he has built an entire tipster service based around this concept in The Value Tipster. A service so good that we’re told you can claim a profit before a race has even started. That’s one hell of a claim.

As you can probably imagine though, whilst value is a very simple thing in theory, the practice is often very different. I can’t tell you how many naff tipsters I’ve dismissed that claim to find value in a similar vein to Owen Boyd. They often end up quietly closing. But, we are told, The Value Tipster is different. And with some strong profits supposedly on the table, let’s jump into it and see what is what.  

What Does The Value Tipster Offer?

As far as tipster services go, I can genuinely say that there isn’t a whole lot to The Value Tipster that you won’t have seen many times before. The fact is that Owen Boyd and Best System Bets just aren’t breaking new ground. But that doesn’t have to be a bad thing either. Generally speaking, the simpler a tipster service is to follow along with, the better.

What this means for you as a punter is something that really isn’t difficult. First things first, as a horse racing service, there are only really two betting markets available that you can bet on, and whilst Owen Boyd does look to take advantage of both of them, this isn’t hard work. And the involvement of Best System Bets should make things easier too. Whilst I’m not always keen on their services, they manage a lot of tipsters.

Unfortunately, they don’t seem to have made inroads to expand their platform beyond the normal email based structure that you’ve probably seen a hundred times before. Not that this has to be a bad thing. At the end of the day, sending tips out is pretty much industry standard. So why wouldn’t The Value Tipster adhere to this?

With that said, I do find it to be a touch frustrating that Owen Boyd issues the selections quite late in the day. Typically speaking, this is around 10.30am. Whilst I appreciate that late data can be very important in making selections, issuing selections later in the day has a few knock on effects.

Firstly, it almost instantly makes The Value Tipster a bit of a write off for you if you’re looking to supplement your income and you work any sort of 9 to 5 hours. Probably the biggest impact that it has though is on the odds that are available. Generally speaking, the closer you get to the off, the harder it can be to get decent value. Which makes the whole idea of what Owen Boyd is doing even more interesting.

In spite of this, Owen Boyd and Best System Bets make some very impressive looking claims in terms of the odds that they’ve had horses win at. This includes a bold claim of “winners as big as 50/1”, and a winning bet slip that shows a horse coming in on a 66/1 each way bet. There is clearly the potential to hit some pretty big winners with The Value Tipster.  

When it comes to the bets themselves, well, let’s not forget that we’re dealing with a horse racing tipster here. There are inherently limited betting markets, however, Owen Boyd does take full advantage of them. Subscribers to The Value Tipster can expect a decent mix of both straight win and each way bets. These appear to be mostly distributed based off the odds, as you would expect.

In terms of the volume of bets, The Value Tipster doesn’t tend to be that high in the grand scheme of things. In fact, from what I’ve seen, I’d go as far as to say that Owen Boyd keeps everything very manageable. Rarely does it seem like you’re dealing with more than a small handful of bets. That is a good thing, because whilst Owen Boyd and Best System Bets are upfront about a lot of things, I have some concerns about the long term betting bank.

You see, we are told that 100 points should be more than sufficient for The Value Tipster. That certainly sounds like a reasonable number. However, the staking plan effectively cuts that in half. Owen Boyd and Best System Bets recommend backing all win bets to 2 point stakes, whilst each way bets are advised at 1 point each way (making a total stake of 2 points per bet).

That leaves a drawdown of 50 bets, which is still quite a lot. But it also isn’t necessarily as much as you may thing. Because there are huge swathes of information missing when it comes to The Value Tipster, and the key ones in my book are a lack of a strike rate, and no proofing from which we can calculate such a number. This particularly bothers me as Owen Boyd refers to this as being his “Low-risk, High-Return strategy”.

How Does The Value Tipster Work?

It probably goes without saying that The Value Tipster is ultimately built around the idea of finding value in bets. And that is a long way from a bad thing. Value is something that I believe is very fundamental to ultimately beating the bookies. Because you certainly won’t win playing them on their own “even” battle ground.

But how exactly does Owen Boyd find his value bets? Even a vague idea would be welcome. Unfortunately, we receive pretty much nothing from him or Owen Boyd about what the service entails. All that we are really told is that the method has taken “20 years of experience mixed with trade notes and a little experience in statistics”.

This is problematic to me because having a decent and workable selection process is incredibly important to the long term sustainability of a tipster service. There is none of that with The Value Tipster. All that we’re shown is that in one case a selection was identified whose odds shortened over the course of the day. Something that could well be a one off.

Frustratingly, we aren’t even given any proofing or anything. What makes this doubly frustrating is the fact that Owen Boyd and Best System Bets actively talk about 11 winning months in 12. They talk about 22 out of 24 months being profitable. If that kind of record keeping exists, why is it such a big thing to publish that information? It’s just a tad questionable in my book.

What is the Initial Investment?

If you are interested in signing up to The Value Tipster, then there is just one pricing structures that is available, albeit an incredibly flexible one. This at least means that if you are keen on pursuing this, there should be something for everybody.

Ultimately though, you are getting a Best System Bets product which means that you have to sign up through their own proprietary payment platform. This definitely helps to keep the costs down, which isn’t a bad thing. Unfortunately, your purchases are hugely restricted if you aren’t happy with the end result.

With that said, let’s get down to the business end of things. The first subscription option for The Value Tipster is to get your first 30 days for just £7 (plus VAT). One this has elapsed; you can expect to pay £19.95 (plus VAT) per month. As well as this, there is an option for a quarterly subscription which is priced at just £29.95 every 3 months (again, plus VAT).

If you are looking for a longer subscription than this, then Owen Boyd offers a few options for The Value Tipster on an annual subscription at a cost of £59.95 (plus VAT). Finally, there is a lifetime license which Owen Boyd offers. This allows you to sign up, for life, for a one time cost of £99 (again, plus VAT) however this is advertised as a limited time offer.

It is noteworthy that none of these options come with any money back guarantee or refund period. As such, you should be very willing to commit to The Value Tipster. Especially if you are signing up for those longer subscription lengths. With that said, you are told that you can cancel your subscription when you want.

What is the Rate of Return?

The headline for The Value Tipster is a very interesting one. It boldly states “Elite Service Returns £574.40 From A Single £20 Stake!” before inviting you to “MAKE Up to £574 Daily!”. Let’s be honest here. That number is one that simply isn’t viable. Sure, it might have happened, but 66/1 bets aren’t going to come in on the regular.

Elsewhere, the key number that seems to be focused on is making £1,000 per week. This is somewhat demonstrated in the very limited evidence that is provided (namely examples of winning betting slips), but there isn’t a whole lot that suggest that this can even close to be achieved with any consistency. Especially when you consider that we are also told that you can expect a points profit of 30 points per month.  

Conclusion for The Value Tipster

If you look at The Value Tipster, without question, it seems to be a very decent looking option. I mean, plenty of people talk about the concept of value in betting. So why wouldn’t a service that is exclusively based around value be a viable option? Well, the short answer to that it is that it should be.

But we aren’t looking at whether a proven approach to betting works here. We’re asking whether or not Owen Boyd is capable of delivering the claimed profits. The short answer to that is that no, I don’t think that he can. The fact is that when you look at that income potential, there are a lot of discrepancies and mixed messages.

On top of this, there is very little in the way of actual evidence that suggest that these results can be achieved with any sort of consistency. Even if I take the results that have supposedly been achieved without any doubt, there is still a lot that I can’t quite remedy in my mind. And that is the real problem.

The problem lies in terms of the important concepts of long term and consistency of results. What Owen Boyd and Best System Bets give us is 18 winning bets. Taking them as gospel means that you’re still just looking at 18 winning bets in 5 months. The rest of it all involves simply taking their word that everything works.

Which, when you consider that there isn’t really information about the selection process, or any proofing, or… Well, much of anything outside of those 18 bets. It just doesn’t make for an appealing buy in my opinion. Which is a shame because on some level I believe that Owen Boyd might know what he’s doing. He just doesn’t demonstrate that adequately.

Combine that with a service where there are supposedly 2 years of results that we can’t see. And no proofing for the periods that Owen Boyd and Best System Bets are talking about… It’s a long way from ideal really. Because it means even if you are willing to blindly overlook everything else (which I really wouldn’t recommend), there still isn’t context for those 18 winning bets. And that is incredibly important.

So, would I recommend The Value Tipster? The short answer is that I don’t think that I would. Do I believe that there may well be something to the service. I’m actually inclined to say that I do. But, with that said, the fundamental principles are also very simple ones. Especially without insight into how it is all calculated.

All of this means that ultimately, you’re just taking Owen Boyd’s word that he knows what he’s doing. Sure, there are little snippets of evidence here and there, but nothing that I would consider to be close to conclusive. And that is ultimately what lets The Value Tipster down, because there should be plenty of it. But in its absence, one can’t help but see a tipster service that is lacking here.  

 

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From: Simon Roberts