Win 100 Bet is a new to market product which is being offered by Steven Pickering. He claims that by following his advice, you will be able to turn £2 starting bets into huge profits.
Introduction to Win 100 Bet
I am always keen to see how exactly a tipster is able to get from Point A to Point B, especially when they make quite outlandish sounding claims. Turning £2 bets into a 5 figure income? Surely that is the realm of fantasy, right?
Except, maybe it isn’t. Steven Pickering does provide a breakdown of how he has arrived at his claimed profit and to be fair, it makes sense laid out in a table. Unfortunately, in my not inconsiderable experience, anything can look good when you put it in writing and I have some concerns that Win 100 Bet might fall into this category.
There is a fair amount of theory involved here and not a whole lot to back it up so you will excuse my cynicism. With that said, let’s look at Steven Pickering’s offering and whether or not Win 100 Bet can deliver.
What Does Win 100 Bet Offer?
Steven Pickering starts by talking about some of the bets that he has placed so far this month and that is where I am going to start with Win 100 Bet too, the bets. All things considered, this is a very straight forward affair. All of the bets that are advised are simple win bets.
Yes, they cover a range of odds but from what little evidence is provided, combined with what I have seen, you are looking at lower odds, generally coming in at less than 5/1. The volume of selections for Win 100 Bet is pretty manageable to be fair to Steven Pickering.
In terms of the logistical side of things, Win 100 Bet remains pretty unremarkable. Steven Pickering follows the ever familiar path of issuing selections directly to subscribers via email.
These are sent out the evening before racing which allows you to get the best possible odds. This is particularly noteworthy in the case of Win 100 Bet as Steven Pickering goes out of his way to say that his results are all supposedly to Industry Start Price (SP). This means that hypothetically, getting early prices, you could substantially increase this profit.
Given the kinds of odds that you are backing with Win 100 Bet, I don’t think that it is unreasonable to expect to win relatively frequently. According to Steven Pickering, this should be the case. The win rate is claimed to be bang on 33.33%, however it should be noted that there is no proofing to back these claims up. This becomes part of a much wider problem with Win 100 Bet that I want to pick up a little later on.
Lastly, I want to talk about the staking plan as this is a huge part of what Win 100 Bet involves as a product. Steven Pickering says that ultimately, you should be backing his selections to level stakes of 1 point per bet. That is fair enough and all straightforward, however we are also told to compound our stakes on a month by month basis.
Whatever is in your betting bank should always be divided by 50 points in order to establish how much you should be betting. In doing this, you are supposedly able to generate the substantial results that are claimed for Win 100 Bet.
How Does Win 100 Bet Work?
There are two elements of how you can view Win 100 Bet as working that I want to talk about. The first one relates to the staking plan. It is no secret that compounding your profits can produce very strong results without ever really taking on any additional risk.
This is something that Steven Pickering seems to be counting on very highly, however compounding does also come with its own problems. Especially given how much Steven Pickering says you would be betting towards the end of a 12 month period, namely, bookie account restrictions. This is a thread that I want to pick up later in more detail though.
The other aspect of how Win 100 Bet works comes down to the selection process. Not surprisingly, there are no claims that are made in this regard, nor is there any real information provided. This is particularly frustrating as I believe that you should have every right to enough insight to make an informed decision about a service. Especially when there is no proofing provided for the service whatsoever.
What is the Initial Investment?
There is just one option available for Win 100 Bet which is to subscribe for a full year at a cost of just £39. This is claimed to be a limited time offer which is available to a limited number of users, but I should highlight the fact that there have been just 2 spaces available for some time. As such, I am inclined to believe that this is nothing more than a cheap marketing tactic rather than any real restriction.
It is worth noting that there is a full 60 day money back guarantee in place for Win 100 Bet as it is sold through Clickbank, however Steven Pickering fails to mention this anywhere in the sales material.
What is the Rate of Return?
The headlining profit for Win 100 Bet is that you can make £26,556.29 in just 12 months. This is a pretty substantial claim for any betting service. As already discussed, the really important part is that this starts with such low stakes.
Better context for the profit and loss for Win 100 Bet comes courtesy of the points profit which stands at 371 points between May 2018 and April 2019. These results in and of themselves look decent and are well within the realms of realism. Unfortunately, I feel obliged to pick up the point that there isn’t actually any real proofing to back these numbers up.
Conclusion on Win 100 Bet
One of the things that I am always wary of when it comes to tipster services is compounding. It can be used to make any claim you want seem like a feasible option, however rarely is that the case.
There is so much that can go wrong with this kind of betting and that is something that Steven Pickering really does gloss over. For example, a few losing months can leave your betting bank in a position where it will struggle to recover. You need consistent wins in order to make it work, however I don’t believe that Win 100 Bet is able to demonstrate this consistency.
Even if things do go well, I want to talk a little bit about the claimed results for Win 100 Bet. Within 11 months, Steven Pickering suggests that he would have been staking £281.02 in a given bet. In this month, he also happened to take 44.5 points of profit for a total of £12,505.39 in just 1 month.
Given that bookmakers are known for closing down accounts that simply hit a bit of a decent winning streak, I can’t imagine this betting account staying open for long. So even if Win 100 Bet were as profitable as claimed, you could realistically expect to say goodbye to that within a year.
But honestly, I’m not convinced that this needs to be a problem as I am not convinced that Win 100 Bet is a genuine tipster service. This is in no small part down to the fact that I recognise the vendor who is selling it and I have looked at some of their outlandish tipster services before now. They have all been closed unceremoniously following an extensive losing period.
I see little reason to believe that Win 100 Bet will be any different. I think that this can be seen when you look at things like the supposedly limited remaining spaces, the vague effort of providing “proofing”, and forgetting to mention the money back guarantee.
With all of his in mind, I would give Win 100 Bet a pretty wide berth. Nothing I have seen from the product to date leads me to believe that you will get close to the claimed results, and as such, this will likely end up being a bad investment that simply eats up your betting bank.