Yankee Jackpot Club is a new horse racing tipster service that is being offered under the Bet Kudos arm of the Betfan group. Selections come courtesy of a tipster known only as Khalid.
What does the product offer?
The sales material for Yankee Jackpot Club is rather short and there isn’t too much information provided on what you can expect from the service. None the less, this doesn’t stop Bet Kudos from putting out some rather substantial headlines asking if you “WANT TO WIN SOME BIG CASH?” as well as claiming that Yankee Jackpot Club is “the ultimate horse racing club for punters who want to win big time”. Of course this sounds impressive and if you look at some of the select numbers, there appears to be some truth to the marketing.
Distancing ourselves from eye grabbing titles that are designed to titillate more than inform, what can we really expect from Yankee Jackpot Club? Logistically, Yankee Jackpot Club is a rather typical horse racing tipster service. Selections are sent out to users on a near daily basis, typically the day before racing actually starts. These are emailed out and are also uploaded to a member’s area on the Bet Kudos site.
In terms of the bets that Yankee Jackpot Club involves placing, it is perhaps not surprising to learn that all of the bets are Yankee bets. I wouldn’t say that Yankee Jackpot Club is technically too high volume with typically up to 4 of these bets per day. Unfortunately, due to how Yankee bets work (something that I will explore in full below) these numbers can very quickly add up. In fact, on one day zz tipped 7 Yankee bets to subscribers. This essentially works out at placing 77 different bets.
The final thing to consider is the numbers side of things. Even using the level staking scheme that is in place for Yankee Jackpot Club, it is immediately apparent that there are some rather substantial losing streaks that can occur. This is especially applicable when you consider that the nature of Yankee bets. This something that the strike rate backs up with Yankee Jackpot Club having an average of 20.12%.
How does the product work?
It is of little surprise to me that the sales material for Yankee Jackpot Club contains almost no information on Khalid’s selection process. There is some talk of a finely tuned selection process for finding Yankee bets. There is also mention of vast knowledge of the sport. Unfortunately, I don’t believe that there is evidence to really demonstrate that there is a particular understanding behind Yankee Jackpot Club.
Irrespective of what the selection process may entail, at the core of Yankee Jackpot Club are the Yankee bets. For those who aren’t familiar with this somewhat unorthodox type of bet, it involves packaging multiple bets into one larger one. You start with 4 horses and place 6 doubles, 4 trebles and a 4 fold accumulator. By covering all of these bets, you can theoretically minimise losses whilst also opening up doors for substantial profits.
What is the initial investment?
At the time of writing there are just 2 different options available for those who wish to subscribe to Yankee Jackpot Club. The first of these is a monthly subscription (which actually only runs for 28 days) or alternatively, you can subscribe on a quarterly basis (which actually runs for 90 days). These are priced at £34.99 and £69.98 respectively.
Because Yankee Jackpot Club is sold through Bet Kudos and ultimately, is a Betfan product, there is no real money back guarantee as such in place. The team do say however that they will review any requests for a refund and where they feel it is warranted, they may provide this.
What is the rate of return?
Since it went live in December 2016, Yankee Jackpot Club has produced a profit that currently stands at 269.99 points. Whilst this may sound like a decent enough number, it is worth keeping in mind that profits for Yankee Jackpot Club actually topped out at 510 points in February. This means that Yankee Jackpot Club has technically experienced a steady decline.
The overall results for Yankee Jackpot Club are just generally up and down as well which is a definite cause for concern.
Where do you start with something like Yankee Jackpot Club? The whole approach as a tipster service isn’t quite like anything that I have ever seen before and I suspect that that is for a very good reason. The Yankee bet is something that is worth placing as an occasional punt. If you have a tipster with a high strike rate and he happens to put out 4 bets in a day, then maybe you decide to take a calculated risk and try to boost your profits.
Using it as a sole method of betting seems ludicrously risky to me. A quick look at the proofing and the charts that accompany it on the Yankee Jackpot Club website show that there can be some big wins. In fact, browsing through I have seen several instances of Yankees coming in and generating a profit of 120+ points off a single bet. To use this as a reason to sign up for a service however seems rather questionable to me as I simply don’t see how it’s sustainable.
The main reason for this is the staking plan. Betting 11 points each time on a system that has a very low chance of winning does not make for a sustainable betting strategy. Between the 11th of February and the 6th of March, Yankee Jackpot Club saw a loss of over 300 points. Given that this was coming down from an overall profit of 530 points, it would work out as “acceptable”, however anybody who joined the service during this period was going to see a lot of money wasted.
This is often the case with risker betting types and it is one of the reasons that I don’t believe in employing them as a regular method of making money through betting. Losing 11 points per bet simply isn’t good enough and that is what Yankee Jackpot Club is currently doing. This would be OK if there were consistent smaller wins to at least keep the bank “topped up”, but there isn’t. As it stands this whole thing feels as much about luck as any skilled selection, especially when you consider that Khalid isn’t willing to explain any of his selection process. With all of this in mind, I’d give Yankee Jackpot Club a pretty wide berth personally.