Betting Mole Review: Scam Betting System

Betting Mole Review

Betting Mole

Betting Mole: Should have gone to Specsavers!

The Betting Mole system is not very good. In fact, the Betting Mole system is rubbish. It is a 13 page ebook, only two pages of which concern themselves with the system rules.

The rules are as follows (without giving the game away)…

  1. Use these racetracks with Betting Mole, but don’t use these other ones (even though there is no logic for not using the other ones)
  2. The horse should have won one of its recent races to be a Betting Mole qualifier (even though there is no consideration of more recent form)
  3. Of all race types, we’ll ignore this specific one for Betting Mole purposes (purely and simply because it didn’t make a profit – no logical reason otherwise)
  4. Don’t bet in low class races (this one is a fair rule, and I have nothing negative to say about that)
  5. Only bet if the horse ran within a certain number of days (again, fair enough)

And that’s it. Five rules, three of them hopelessly back-fitted and destined to send Betting Mole users back to Specsavers to help them see a bad betting system next time.

Claimed results for the system are as follows:

-          Strike rate of 84%

-          6687 selections

-          Profit of 33 points per month

-          Profit overall in last 23 months of £76,242 using £100 level stakes

Unfortunately, the results quoted winners (and therefore losers for this laying system) at SP, rather than Betfair SP or any other meaningful barometer.

If I’d ignored the back-fitted elements of the system, and used Massey’s interpretation of Betfair SP (a guesstimate but a reasonable one), I’d have had the following results over the past two years:

-          Strike rate of 82.2%

-          8906 selections (or 13.5 selections a day!)

-          LOSS of 21 points per month

-          LOSS overall in the last 23 months of £46,621 using £100 level stakes

So, to recap, the Betting Mole is rubbish. Big losses, and literally hundreds of selections per month.

Avoid like the plague.

Your first 30 days for just £1
7 replies
  1. Catweazle
    Catweazle says:

    If your backing the selections you make a little bit profit but the betfair commission eats your bank win by win.

  2. Pete
    Pete says:

    Hi Matt.
    Just wondered if you’ve come across a chap called Colin Read?. recieved a glossy flyer in the post today. He claims to be the UK’s only “Equine Outlook Investment Broker” (whatever that is?). Usual garb – £384,000 proft over 5 years, max 3 bets per week 70% strike rate and a few examples of “recent winners” at odds between 11 – 20/1. He claims to support the injured jockeys fund and offering reduced terms from £299 to £39 for three months up to £129 (reduced from £999!) for two years. However he only accepts cash postal orders or cheques and if you google his postcode he appears to be operating from a small terraced house. Do I smell another rat?

    • Matt Bisogno
      Matt Bisogno says:

      Never heard of him Pete, but yes, there’s quite possibly the pungent whiff of rodent in your nostrils… Anyone else know anything of this chap?

      Matt

  3. ron.goodall
    ron.goodall says:

    to matt
    rgarding betting mole [ have not come across it] and what you have written its a no go also colin read
    never heard of him could be a another scam.
    regards ron goodall

  4. Gordon
    Gordon says:

    Hi Matt

    I see you have weeded out another No Hoper System:
    It beats the heck out of me why people keep on purchasing these systems:

    Basic mathe should warn everyone that there is just so much that can be gleaned from any race using mechanical-numerical systems and with the help of the bookies grafted odds plus Betfairs percentage grab etc, the average starry eyed punter is on a hiding to nothing:

    Backing Horses & Greyhounds need not be a total waste of time just so long as the punter does his home work and couples that with a sound sensible betting plan:

    Systems are OK if you are in for the long haul and the system is based on common sense (Which Many Are Not) but to get rich quick needs a system that gets you in and out of the bank before the cops arrive:

    Betting on the nags is a lot of fun and offers a challenge worth meeting, just so long as the punter can come to terms with his/her miss-judgements when they arise and arise they surely will, plus why would anyone with half a brain want to gamble money that will hurt them when they lose it: A Calculated risk is one thing and gambling is another, knowing the difference will either keep or put money in your pocket:

    Anyway Upwards and Onwards, There are a few calculated risks staring me in the face today and if I get it all wrong (Who Me!!!!) then off to my darkened room I go untill the morrow when there will be more calculated risks to take which I guess some would say is GAMBLING:

    • Matt Bisogno
      Matt Bisogno says:

      Very nice comment, Gordon.

      We all like to gamble, but I think many are so enamoured the concept of ‘free money’ that they’ll follow a toxic smell over a cliff chasing it.

      Now don’t get me wrong, those noxious aromas are normally masked by so much alluring perfume that it’s not always easy to tell (or smell) good from bad. But if you can’t find a decent independent review of something, then you probably shouldn’t buy it.

      Best,
      Matt

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