Tortoise Betting Method Review

Tortoise Betting Method is a new to market horse racing tipster service which is operated by a tipster referred to simply as Ben.

Introduction to Tortoise Betting Method

There is a lot to be said for the notion of slow and steady wins the race. Except in racing, of course. Slow horses don’t win races. But this is an approach that I can certainly appreciate in the context of betting. Long have I said that arguably the single most important thing in terms of making money through betting is a consistent profit. And one would hope that with a slow and steady approach, consistency should be key, right?

Well, this isn’t necessarily something that Ben, creator of today’s subject, Tortoise Betting Method, outright states. With that said, I believe that there is a bit of an inference to this end. Statements like “I don’t just want to take a punt on a big return” and stating that horse racing is “an investment that will grow over time”. These are most definitely the kind of things that I can get behind, and I think most serious bettors would also agree with.

With all of that said, there are a fair few elements of Tortoise Betting Method that are just… Well, frankly, they’re a bit lacking and arguably somewhat questionable. In fact, some things simply end up raising more questions. So, this is definitely a bit of a mixed bag here. The question, as always, is whether or not it is worth the investment?  

What Does Tortoise Betting Method Offer?

The entire structure of Tortoise Betting Method is something that is rather interesting. It is certainly a long way from the norm in terms of what you get when you sign up for a tipster service. With that said, nor is it a concept that is entirely foreign to me. What it does do though is open up a natural point to start talking about the service. Namely, the logistical elements.

I suppose fundamentally, Tortoise Betting Method isn’t that different to most services. Ben ticks pretty much every box that I have come to expect from the majority of tipster services on the market. However, the entire set up of the service is just… Well, it’s pretty different. You see, when you sign up to Tortoise Betting Method, you are signing up to receive 100 tips from Ben.

Now aide from that very interesting snippet (which I will be talking about a little later on) things are pretty much business as normal. Selections are issued directly via email to subscribers. These are sent out on a near daily basis and will typically in the morning. Unfortunately, Ben does issue his tips rather late in the morning.

Of course, this can have a massive impact on those who perhaps work a 9-5 or don’t have the time to pursue the best odds. This is something that is ultimately quite important with Tortoise Betting Method because… Well, there isn’t a whole lot of support in this regard from Ben. In fact, he effectively says that you should just place the bets with a bookie who is offering the best you can get (preferably one who offers BOG) or alternatively, on a betting exchange.

Keeping that in mind, if you were going to follow Tortoise Betting Method then I think that an odds comparison site is a bit of a must have. If a tipster isn’t going to provide you with some idea of what you should be aiming for, then at the very least you should be looking to ensure that you personally maximise your returns (something that is very important in the case of Tortoise Betting Method).

This is something that is doubly important when you look at the range of odds that Ben says he will send out to Tortoise Betting Method subscribers. The suggestion is that you will be typically backing horses from evens up to around 8/1. In spite of this, from what I have seen of the service so far, the numbers err towards the lower end of this range. This only adds to the importance of ensuring you get those best possible odds.  

Moving away from the logistical elements and onto the bets themselves, there isn’t actually too much to discuss. The fact is that Tortoise Betting Method is incredibly straightforward. All of the bets advised are simply straight win bets. This means that at the very least (finding odds aside) this shouldn’t be a difficult thing to follow along with.

One thing that I do want to talk about a little is the volume of bets. Now this is something that because of the nature of Tortoise Betting Method is actually incredibly important. I will pick up a little bit on this later, but it is definitely in Ben’s interests to keep the number of selections low. This is something that appears to happen quite often with most betting days just having a few tips.

There are only really a few final points to discuss at this point. Firstly, I want to talk about the staking plan. Ben recommends using level stakes exclusively if you are following Tortoise Betting Method. In fact, the sales material goes out of its way to disparage compounding your stakes or utilising other staking plans. Whether you agree with this or not, it does help add to the simplicity of it all.

Whilst I am quite content to follow a tipster service that simply uses level stakes, I am less certain how I feel about a service that recommends a betting bank of just 50 points. Honestly, that just doesn’t leave a lot of room for your potential draw-down. That is very important with Tortoise Betting Method.

Because (and on a final note) Ben says that out of 100 bets, you expect 25-35 to come in. This of course means a strike rate in that kind of region. Unfortunately, a bad run of form at that kind of strike rate, with level 1 point stakes, can ultimately decimate your betting bank. And with no real proofing for Tortoise Betting Method, I am somewhat sceptical about how these results fit together.  

How Does Tortoise Betting Method Work?

In terms of how Tortoise Betting Method works, there are really two different concepts at play here. First things first, there is how the profits are measured. The whole concept is that Ben talks about how he prefers to measure the profit that he makes on 100 bets, staked at 1 point level stakes. As interesting as this sounds, effectively, it just allows you to very easily calculate the ROI.

Honestly, I am somewhat loathe to call this an element of how Tortoise Betting Method “works”, but it is the only element that Ben really leans into. In terms of other information on how Tortoise Betting Method works… Well, it’s incredibly disappointing just how little of it there is.

The fact of the matter is that Ben provides absolutely no insight into what his selection process entails. Nor does he even really provide any insight that shows that he has an understanding of how to identify winning horses. This is an incredibly frustrating thing to see.

For a long time I have been a strong advocate of knowing “what you are getting into” when you sign up for a tipster service. A part of this is knowing what to expect from the service, but the most important part is understanding to at least some degree what approach the tipster uses for finding selections.

I’m not saying that I believe for a second that any tipster should break everything down into a step by step process. But I do believe that any tipster worth their salt will demonstrate that they actually have a system in place. This is something that I just don’t believe that Ben does with Tortoise Betting Method.  

What is the Initial Investment?

If you want to sign up to Tortoise Betting Method, there is only one option that is available. This is a one time cost of £30 (plus VAT) for which you receive 100 selections off Ben. I suppose that ultimately, this is a fair enough seeming offer, however, I do have some concerns about this.

You see, one of the things that Ben says is that Tortoise Betting Method comes with a money back guarantee. Specifically, he says that the if you haven’t made a profit by the end of those 100 bets, you can get your initial investment back.

What is interesting about this is that Ben is selling Tortoise Betting Method through Clickbank, a company well known for offering a money back guarantee on all products sold through them. On the payment page for Tortoise Betting Method, Clickbank say that there is a 30 day money back guarantee.

The noteworthy thing about this is that if you are relying on that money back guarantee that Ben offers, you are very much at his mercy. Clickbank on the other hand are generally very good when it comes to their refunds.

What is the Rate of Return?

From 100 bets, Ben claims that on average he will produce a profit of 58.3 points. This is of course an ROI of 58.3%. This all sounds very impressive, however, it is incredibly important to note that Tortoise Betting Method isn’t proofed. Nor is there any real evidence backing this claim up. Everything is effectively based around simply taking the word of the one person who stands to profit no matter what.

Conclusion for Tortoise Betting Method

As is so often the case, if you don’t look too hard at Tortoise Betting Method, it really does look like a pretty interesting proposition. I won’t argue the fact that the approach that Ben takes is an interesting one. For a lot of people, it is a way of looking at profit that is easily overlooked, and it definitely sounds like a decent way of measuring it.

And in some respects, it definitely is. Because it’s effectively just measuring the ROI. I can’t hammer this point home enough because I think it exposes the fact that Ben definitely works hard at making something sound good. And I believe that is where the focus of Tortoise Betting Method really is.

The truth is that when you start to break it down, there isn’t really a single element of Tortoise Betting Method that has any evidence backing it up. At all. Let’s start with those profits. We are told that they are “an average”, but of what? How many times has Ben ran this? What kind of range is there on the profit/loss?

These are all very important questions for Tortoise Betting Method because they mean everything really. Averages are something that can be very easily manipulated to make things look good. For example, between us, Jeff Bezos and I have an average net worth of $89.1 Billion each. Is that a fair reflection of my current position? I really wish it was.

Moving on from that, let’s talk about the lack of information on how selections are found. I know that it is an incredibly simple thing to consider, but if you are going to follow a tipster they should be able to demonstrate they understand the sport. What is the point in following somebody who may as well be throwing darts at a copy of the Racing Post?

This might not be quite so problematic if Ben provided proofing. At least you could get an idea of what you are getting into and what the ebb and flow of the system is. Except… Well, he doesn’t. Which isn’t really surprising to me.  

The final concern for me lies around the money back guarantee and how all of that is set up. You see, I can (to some small degree) understand why Ben might take the approach that he does. Ultimately, I think it’s superfluous and has more to do with sounding good than having any real impact. But it also seems to have more to do with possibly dodging refunds.

You see, I have seen an increase in tipster services who use Clickbank to sell products, but increasingly try to circumvent their refund policies. Typically speaking this is done by offering a 90 day subscription on a 60 day money back guarantee. From here, it is easier to encourage people to stick around past that.

Now I do want to say that this isn’t necessarily the case with all services, but it is a recurring theme that they tend to drop off once that 60 day period has elapsed. And looking at Tortoise Betting Method, it is rather difficult to look at what Ben is doing with his money back guarantee and not see this happening here. After all, it wouldn’t be difficult to drag 100 bets out over more than 30 days…

Of course, some of this is speculation. It is built on very circumstantial evidence. But what really makes me doubt this is the fact that Ben doesn’t really provide any evidence showing that this is legitimate either. To reiterate a point I made earlier, he is the only person who definitely stands to make money from Tortoise Betting Method. And all that you can do is take his word that what he claims is true.

That is something that I just don’t do, and nor is it something that I would recommend. Honestly, I would love nothing more than for Ben to produce some evidence. Talk about his selection process. Provide proofing for previous 100 bet runs. And I would love to be proven wrong with this. But I don’t see it happening.

With all of that in mind, I simply don’t think that I’d recommend Tortoise Betting Method. The whole thing is tinged with just too much that doesn’t sit right with me. All that I can see here is a very risky prospect, and that isn’t even down to the betting side of things. This is just “big picture” a rather questionable service in my opinion.

 

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Comments (1)

Hi
Getting tips out early is fine, and I see your reasoning regarding 9-5 workers. But is there any advice on moderating early tips in the event of late information, parade ring appearance, false starts, etc.? Do bookmakers accept these moderating conditions, or is setting up hedging bets the way to go? When I submit a selection for proofing at Racing Index I am able to set a range that the odds must stay inside to be a valid submission.
Roger

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From: Simon Roberts