Trident Racing Review – WAP Tipsters

Trident Racing is a new (to them at least) horse racing tipster service which is being offered by the WAP Tipsters stable. Rob, the tipster behind the service, has been operating for five years now.

Introduction to Trident Racing

The fact that WAP Tipsters have come from seemingly nowhere (at least, in terms of my awareness) to build up a pretty reputable brand of decent tipsters is a testament to them. With that having been said, as is so often the case with larger tipster stables, there have been some ups and downs.

Todays offering though I something that I can say with some confidence, I am really excited to look at. Most of the time, when you start to look at the myriad of tipster services out there, you end up hitting a wall somewhere along the line. But what Rob and WAP Tipsters are claiming here is quite exceptional, even if it should be the norm.

At a glance, Trident Racing appears to be a consistently profitable, no nonsense, well thought out tipster service. There aren’t many services that you can say that about. Unfortunately. So, without further ado, let’s see whether or not this is the tipster service we’ve all been waiting for.  

What Does Trident Racing Offer?

One of the things that I like about Trident Racing is that there is a certain level of professional consistency going on. Now this does mean that it isn’t a particularly exciting service. The name of the game here appears to quite apparently be consistency. That is something that I will always applaud, as it is oft missing from tipster services.

What this means for you from a logistics point of view is that WAP Tipsters will send out Rob’s selections on a daily basis. They are sent directly to subscribers’ emails, and all that you have to do is place the relevant bets.

Now, one thing that should be noted is that all of WAP Tipsters’s proofing for Trident Racing is to BOG. As such, if you want to get close to the claimed results, you will need to have access to this. If you don’t, Oddschecker is your friend, and in a pinch, the value based approach means that you could potentially make Rob’s tips work on an exchange if you needed to.

Moving on to the bets themselves, there is a continuation of that simple approach. All of the selections that Rob advises should be backed to win. There is no messing here, and why should there be? It has clearly worked well for a long time (WAP Tipsters’s proofing does cover the full 4 years Rob has been betting), and if it ain’t broke, don’t fix it.  

What you probably will notice as being a little bit different to the norm is that Trident Racing takes advantage of a massively wide variety of odds. There are very good reasons for this that I will get to shortly, but you can reasonably expect a range of 2/1 going as 18/1 on a pretty regular basis.

I find it to be particularly noteworthy that there is a very disciplined approach to the volume of bets as well. Rob says that each day, he will advise no more than three bets to Trident Racing subscribers. This makes for an easily manageable tipster service, something that is frequently overlooked.

At this point, I’m running out of ways to say straight forward. But as is the case with almost every other element of Trident Racing, the staking plan is also (checking a thesaurus…) uncomplicated. Again, I cannot stress enough that this isn’t a bad thing.

The majority of bets that Rob advises are recommended to be backed to level stakes of just 1 point. This allows for a large degree of transparency in terms of the results. On very rare occasions, it seems you might be advised to stake 2 points, but this has happened just twice in the last month.

Now, given the range of odds that are involved and how long Rob has been running Trident Racing, I will say that I wasn’t expecting much in the way of a strike rate. Typically speaking, the longer a service runs for, the worse this can get. And when you are backing horses at double digit odds on the regular, well… I don’t think I need to say much more.

The results however are pleasantly surprising. Now, it should be noted that WAP Tipsters themselves do not provide a figure in this regard; however, I have calculated one myself. At a smidge over 25%, I think that what Rob has done with Trident Racing is very impressive in the longer term.

You should however keep in consideration that this isn’t the full picture. There can be considerable losing streaks as well. Without really looking, I can see that there has been a 20 bet losing streak in June this year.

How Does Trident Racing Work?

One of the things that I love about Trident Racing is Rob’s transparency. He talks at length about his selection process and it is impressive reading. The process starts with looking for races in certain fields where the number of winners can be narrowed down to just 2 or 3.

From here, Rob then says that he will analyse a race to “try and work out how the race will be run”. This involves looking at a variety of different sources of information and studying video replays of previous races. We are also told that things like steward’s reports, trainer/jockey stats, and course form.

All of this is carried out with a focus on identifying where there is value to be had in a horse winning. In fact, Rob actually says in the sales material from WAP Tipsters that he avoids backing horses at lower than 9/4 if he can to ensure that just one winner is needed to put a day in profit.

What is the Initial Investment?

WAP Tipsters have two different options available if you want to sign up for Trident Racing. The first of these is a monthly subscription which is priced at £37. Alternatively, and representing significantly better value, you can sign up to Trident Racing on a quarterly basis at a cost of £77.

It is worth noting that both of these options come with an initial 2 week trial which costs just £1 (plus VAT). This should give you an idea of whether or not Trident Racing is for you. It is also worth keeping in mind that although it isn’t mentioned in the sales material, payment is handled through Clickbank and so Trident Racing is subject to the usual 60 day money back guarantee.  

What is the Rate of Return?

WAP Tipsters’s proofing for Trident Racing starts on the 17th of March, 2014. This means that you are looking at a very significant time period of 5 years, over which time the service has made some 777.99 points of profit. I will accept that this doesn’t look like the most impressive number, but it does mean 155.4 points per year or 12.95 points per month.

Where the numbers start to look particularly good in my book is when you consider that in this same time period (which is very substantial), the ROI works out at 17.32%. This is a strong number to maintain for that length of time.

Conclusion for Trident Racing

It isn’t very often that I’m impressed by what a tipster puts out, but in the case of Trident Racing, this is something of a rare pass on that front for me. One of the things that really allows for all of this is the fact that WAP Tipsters and Rob have been able to provide as much proofing as they have. I cannot recall many services that have enjoyed this kind of performance in the long term.

That is definitely a massive tick for Trident Racing, and there are a lot of other positives that I want to discuss, but there are a few things that I want to talk about that could well be argued as negatives as well. And whilst I don’t necessarily see them as deal breakers, they should be considered.

The key to what really makes Trident Racing stand out to me is the consistency. This isn’t just about positive results happening frequently. I have seen plenty of services launch off the back of this, but as mentioned, longevity of them.

A strike rate of 25% over 5 years is solid, the profits are clearly there, and the ROI is pretty outstanding, again, over that long period of time. A glance at the graph which charts the proofing shows a clear and steady climb in the right direction. All of this is great. So, what’s bad about it?

Everybody has differing expectations when it comes to how much they think a tipster service should make. And as I’ve said, there is a profit there with Trident Racing. Is it life changing? Probably not, but it isn’t bad either. £100 stakes would make for a pretty reasonable income. £10 stakes would make for a few a decent night out every month, or a holiday paid for at the end of the year.

But, and this is the big question for me. Is Trident Racing value for money when compared to the rest of the market? I can think of some tipsters that have performed better on a much shorter term basis. They are also only a few quid more per month than Trident Racing is.

There is also the point to be considered about the losing streaks that you may face. Whilst that average strike rate works out over 5 years, if you come in and face losing a substantial chunk of your bank before hitting a winner, you can spend a lot of time in the red. In fact, joining at the wrong time might mean wiping yourself out.

Of course, all of that is a risk with any tipster service, but it has particularly struck me that there is this potential with Trident Racing, and that isn’t something that normally happens. I suppose if I’m fair, the thing with this kind of criticism is that there is a lot of subjectivity to it.

Ultimately, I am inclined to say that this is one of the better looking tipster services that I have looked at recently (at least, based off the historic results). I have mentioned longevity and consistency a number of times now, and that is with good reason. These aren’t things that are in abundance when it comes to a lot of tipster services.

With that having been said, yes, there are some faults if I’m picky. I could say they could easily be applied to most tipster services out there, and that wouldn’t be incorrect. In my book, that doesn’t mean that you should ignore them though. Would I particularly let this put me off? No, but there remains the fact that those things are there and are a factor.

 

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From: Simon Roberts