Lucrative Portfolio (PLACE) Review

Lucrative Portfolio Review

Lucrative Portfolio Review

Lucrative Portfolio (PLACE) Review

Our review of LP's PLACE Bets

As per Matt's introduction to Lucrative Portfolio, this is where we'll be reviewing the place bets angle of the service.

Lucrative Portfolio, has been several years of testing, tweaking and live betting in the making. But what exactly is Lucrative Portfolio?

What IS Lucrative Portfolio?

When I first saw the sales page for this, I have to admit, I didn't especially like it. It certainly is not to my tastes, with its bold claims of generating more profit than the national average salary.

Now, let me be clear. I'm not suggesting those claims aren't true. On the contrary. It's just that, well, we've all read that sort of thing a hundred times before...

Anyway, I quizzed Michael a bit more on his portfolio, and he was good enough to share the following insight with me:

Each strategy involves a mechanised element i.e core system rules, alongside analysis of value which I've developed from an odds compilation method (I remember you've previously read my 'create your own odds' guide, which was a simplified version of this).

Since the place / lay strategies are now advised to be bet at Betfair SP, there's also an element involving looking at market moves / likely trends in order to find value at BSP.

So, in a nutshell, Michael starts with a set of 'rules', but then uses complex value judgement techniques to arrive at the final selections.

His previous track record suggests he's pretty good at this.

The service consists of a daily combination of win, place and lay selections - on average two to three per day - and members simply log in to the exclusive members' area from 9am on the day of racing to pick up the tips.

How has Lucrative Portfolio performed?

As you can see, Michael is a smart guy, and he has a proven track record with his earlier services. But how has Lucrative Portfolio performed up to now?

Since the start of 2014, the Portfolio has recorded 727 winners from 1,403 bets, a strike rate of just over 50%. That means there are no long losing runs, and so this might be ideal for those who can become unsettled by five or six bets without a winner.

At level stakes of £10 per bet, the Portfolio is claimed to have yielded £8,495 since the start of 2014, at a return on investment of 18.38%

Michael's personal modus operandi is compounded stakes - using a percentage of bank approach - and, adopting that strategy since inception would have converted in over 3,000 points profit!

A word of caution here: compounding with a successful service can quickly lead to quite large bets. So, while the headline figures are very sexy, it makes more sense in this kind of situation to take money out and, well, enjoy it!

It is also important to note that these are claimed results of a service that is new to the market as of now, so I cannot vouch for them. However, I know Michael well enough to be confident the numbers are as good as he says they are.

What is the deal with Lucrative Portfolio?

Lucrative Portfolio is a tipping service, delivered via a password-protected members' area. The tips are online by 9am each morning for the day's racing.

You can subscribe for your first month for just £7, which gives you plenty of time to get up to speed, have a look around, and see if this is for you.

After that, you can choose to subscribe quarterly or annually, with a hefty saving for the longer term subscription. As with all such services, long-term is the way to go in my opinion.

Today's bets are in the members' area now, and you can get read more/get involved here.

James Cross will now record/report the results from this service for the next 60 betting days, recording his results to a £10 level stake settled at Betfair SP, deducting 5% commission from all winning bets.

Chris Worrall

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LP (PLACE) Review Results

LP (PLACE) Day 1, 24/09/15

3.40 Newmarket : Lawmaking u/p at 1.65

Daily Result : 0/1 = -£10.00
Overall : 0/1 (0.00% SR) = -£10.00

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LP (PLACE) Day 2, 25/09/15

4.30 Haydock : Black Key placed at 1.65

Daily Result : 1/1 = +£6.18
Overall : 1/2 (50.00% SR) = -£3.82

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LP (PLACE) Day 3, 26/09/15

2.15 Market Rasen : Broughton u/p at 2.20
5.00 Newmarket : Light Up Our World placed at 1.70

Daily Result : 1/2 = -£3.35
Overall : 2/4 (50.00% SR) = -£7.17

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LP (PLACE) Day 4, 28/09/15

3.20 Hamilton : Jebel Tara u/p at 2.57
5.40 Bath : Burnt Cream u/p at 3.00

Daily Result : 0/2 = -£20.00
Overall : 2/6 (33.33% SR) = -£27.17

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LP (PLACE) Day 5, 29/09/15

4.25 Ayr : Ustinov placed at 1.92

Daily Result : 1/1 = +£8.74
Overall : 3/7 (42.86% SR) = -£18.43

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LP (PLACE) Day 6, 30/09/15

3.35 Chepstow : Set List u/p at 2.09

Daily Result : 0/1 = -£10.00
Overall : 3/8 (37.50% SR) = -£28.43

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LP (PLACE) Day 6, 02/10/15

3.50 Fontwell : Purple N Gold placed at 2.18

Daily Result : 1/1 = +£11.21
Overall : 4/9 (44.44% SR) = -£17.22

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LP (PLACE) Day 7, 03/10/15

2.45 Fontwell : Vikekhal placed at 2.04

Daily Result : 1/1 = +£9.88
Overall : 5/10 (50.00% SR) = -£7.34

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LP (PLACE) Day 8, 06/10/15

2.20 Brighton : Beatbybeatbybeat u/p at 1.51

Daily Result : 0/1 = -£10.00
Overall : 5/11 (45.45% SR) = -£17.34

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LP (PLACE) Day 9, 07/10/15

4.25 Ludlow : Cut The Corner u/p at 2.16

Daily Result : 0/1 = -£10.00
Overall : 5/12 (41.67% SR) = -£27.34

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LP (PLACE) Day 10, 08/10/15

5.00 Ayr : Al Khan u/p at 2.29

Daily Result : 0/1 = -£10.00
Overall : 5/13 (38.46% SR) = -£37.34

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LP (PLACE) Day 11, 09/10/15

3.00 Newton Abbot : Morito Du Berlais u/p at 2.39

Daily Result : 0/1 = -£10.00
Overall : 5/14 (35.71% SR) = -£47.34

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LP (PLACE) Day 12, 10/10/15

No selections today.

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LP (PLACE) Day 12. 11/10/15

No selections today.

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LP (PLACE) Day 13, 12/10/15

2.10 Sedgefield : Where's Tiger placed at 1.33
4.40 Sedgefield : Carters Rest N/R

Daily Result : 1/1 = +£3.14
Overall : 6/15 (40.00% SR) = -£44.20

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LP (PLACE) Day 14, 13/10/15

No selections today.

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LP (PLACE) Day 14, 14/10/15

4.35 Worcester : Kayla placed at 1.90
4.45 Nottingham : El Viento placed at 2.05

Daily Result : 2/2 = +£18.53
Overall : 8/17 (47.06% SR) = -£25.67

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LP (PLACE) Day 15, 15/10/15

3.15 Carlisle : Vodka Wells u/p at 2.19

Daily Result : 0/1 = -£10.00
Overall : 8/18 (44.44% SR) = -£35.67

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LP (PLACE) Day 16, 16/10/15

No selections today.

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LP (PLACE) Day 17, 17/10/15

2.55 Stratford : Top Cat Henry placed at 1.82

Daily Result : 1/1 = +£7.79
Overall : 9/19 (47.37% SR) = -£27.88

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LP (PLACE) Day 18, 19/10/15

No selections today.

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LP (PLACE) Day 19, 20/10/15

3.20 Windsor : Whozthecat u/p at 2.75

Daily Result : 0/1 = -£10.00
Overall : 9/20 (45.00% SR) = -£37.88

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LP (PLACE) Day 20, 21/10/15

2.50 Worcester : All Together u/p at 1.62

Daily Result : 0/1 = -£10.00
Overall : 9/21 (42.86% SR) = -£47.88

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LP (PLACE) Day 21, 22/10/15

4.45 Ludlow : Gowanauthat unseated rider at 1.47

Daily result : 0/1 = -£10.00
Overall : 9/22 (40.91% SR) = -£57.88

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LP (PLACE) Day 22, 23/10/15

5.40 Cheltenham : Regulation u/p at 2.01

Daily Result : 0/1 = -£10.00
Overall : 9/23 (39.13% SR) = -£67.88

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LP (PLACE) Day 23, 24/10/15

2.30 Kelso : Breakmount placed at 1.76
3.00 Newbury : Examiner u/p at 1.96

Your first 30 days for just £1

Daily Result : 1/2 = -£2.78
Overall : 10/25 (40.00% SR) = -£70.66

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LP (PLACE) Day 24, 26/10/15

1.10 Ayr : Calivigny placed at 1.55

Daily Result : 1/1 = +£5.23
Overall : 11/26 (42.31% SR) = -£65.43

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LP (PLACE) Day 25, 27/10/15

3.50 Catterick : Tarando placed at 1.87

Daily Result : 1/1 = +£8.27
Overall : 12/27 (44.44% SR) = -£57.16

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LP (PLACE) Day 26, 28/10/15

3.40 Fakenham : Vesuvhill u/p at 2.21

Daily Result : 0/1 = -£10.00
Overall : 12/28 (42.86% SR) = -£67.16

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LP (PLACE) Day 27, 29/10/15

1.40 Stratford : Muckle Roe fell at 1.99

Daily Result : 0/1 = -£10.00
Overall : 12/29 (41.38% SR) = -£77.16

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LP (PLACE) Day 28, 30/10/15

1.40 Wetherby : Kapstadt placed at 1.87

Daily Result : 1/1 =+£8.27
Overall : 13/30 (43.33% SR) = -£68.89

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LP (PLACE) Day 29, 31/10/15

2.15 Ascot : Sgt Reckless u/p at 2.24

Daily Result : 0/1 = -£10.00
Overall : 13/31 (41.94% SR) = -£78.89

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LP (PLACE) Day 30, 2/11/15

1.40 Ludlow : Minella Bliss placed at 1.65

Daily Result : 1/1 = +£6.18
Overall : 14/32 (43.75% SR) = -£72.71

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LP (PLACE) Day 31, 3/11/15

3.30 Redcar : With Hindsight placed at 1.37

Daily Result : 1/1 = +£3.52
Overall : 15/33 (45.45% SR) = -£69.19

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LP (PLACE) Day 32, 4/11/15

1.35 Warwick : Pure Poteen placed at 1.75

Daily Result : 1/1 = +£7.13
Overall : 16/34 (47.06% SR) = -£62.06

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LP (PLACE) Day 33,  5/11/15

No selections today.

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LP (PLACE) Day 33, 6/11/15

1.20 Hexham : Marquis De Carabas u/p at 1.39

Daily Result : 0/1 = -£10.00
Overall : 16/35 (45.71% SR) = -£72.06

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LP (PLACE) Day 34, 7/11/15

12.55 Wincanton : Houston Dynimo placed at 2.86

Daily Result : 1/1 = +£17.67
Overall : 17/36 (47.22% SR) = -£54.39

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LP (PLACE) Day 35, 9/11/15

No selections today.

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LP (PLACE) Day 35, 10/11/15

2.20 Sedgefield : Rear Admiral placed at 3.25
2.50 Sedgefield : Ever So Much u/p at 2.24

Daily Result : 1/2 = +£11.38
Overall : 18/38 (47.37% SR) = -£43.01

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LP (PLACE) Day 36, 11/11/15

1.20 Ayr : Comragh placed at 2.18

Daily Result : 1/1 = +£11.21
Overall : 19/39 (48.72% SR) = -£31.80

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LP (PLACE) Day 37, 12/11/15

1.10 Taunton : Minella Bliss u/p at 1.97
3.50 Southwell : Tiger's Home placed at 2.03

Daily Result : 1/2 = -£0.21
Overall : 20/41 (48.78% SR) = -£31.59

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LP (PLACE) Day 38, 13/11/15

12.55 Lingfield : Ballynanty placed at 1.78

Daily Result : 1/1 = +£7.41
Overall : 21/42 (50.00% SR) = -£24.18

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LP (PLACE) Day 39, 14/11/15

1.15 Cheltenham : Twelve Roses u/p at 2.79
3.35 Cheltenham : Champagne Express u/p at 2.04

Daily Result : 0/2 = -£20.00
Overall : 21/44 (47.73% SR) = -£44.18

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LP (PLACE) Day 40, 16/11/15

2.55 Wolverhampton : Lacey u/p at 2.11

Daily Result : 0/1 = -£10.00
Overall : 21/45 (46.67% SR) = -£54.18

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LP (PLACE) Day 41, 17/11/15

No selections today.

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LP (PLACE) Day 42, 18/11/15

1.20 Chepstow : Maxanisi placed at 1.86

Daily result : 1/1 = +£8.17
Overall : 22/46 (47.83% SR) = -£46.01

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LP (PLACE) Day 43, 19/11/15

No selections today.

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LP (PLACE) Day 43, 20/11/15

1.00 Ascot : He's A Charmer placed at 1.50

Daily Result : 1/1 = +£4.75
Overall : 23/47 (48.94% SR) = -£41.26

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LP (PLACE) Day 44, 21/11/15

1.30 Ascot : Smart Talk placed at 1.68
3.15 Ascot : Fago u/p at 2.52

Daily Result : 1/2 = -£3.54
Overall : 24/49 (48.98% SR) = -£44.80

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LP (PLACE) Day 45, 23/11/15

1.05 Kempton : Two Taffs placed at 1.95

Daily Result : 1/1 = +£9.03
Overall : 25/50 (50.00% SR) = -£35.77

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LP (PLACE) Day 46, 24/11/15

12.40 Southwell : Nosey Barker placed at 1.33

Daily Result : 1/1 = +£3.14
Overall : 26/51 (50.98% SR) = -£32.63

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LP (PLACE) Day 47, 25/11/15

2.25 Wetherby : Indian Voyage placed at 2.14

Daily Result : 1/1 = +£10.83
Overall : 27/52 (51.92% SR) = -£21.80

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LP (PLACE) Day 48. 26/11/15

12:30 Newbury : Charmix placed at 1.84

Daily Result : 1/1 = +£7.98
Overall : 28/53 (52.83% SR) = -£13.82

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LP (PLACE) Day 49, 27/11/15

12.15 Doncaster : Billy Biscuit u/p at 2.69

Daily Result : 0/1 = -£10.00
Overall : 28/54 (51.85% SR) = -£23.82

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LP (PLACE) Day 50, 28/11/15

12.15 Newbury : Colla Pier placed at 2.16
1.50 Newbury : Sir Ivan u/p at 1.96

Daily Result : 1/2 = +£1.02
Overall : 29/56 (51.79% SR) = -£22.80

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LP (PLACE) Day 51, 30/11/15

No selections today.

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LP (PLACE) Day 52, 01/12/15

2.40 Wolverhampton : Burmese Whisper u/p at 1.26
3.40 Wolverhampton : Art Collection non runner

Daily Result : 0/1 = -£10.00
Overall : 29/57 (50.88% SR) = -£32.80

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LP (PLACE) Day 53, 02/12/15

2.10 Ludlow : King Massini u/p at 1.90

Daily Result : 0/1 = -£10.00
Overall : 29/58 (50.00% SR) = -£42.80

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LP (PLACE) Day 54, 03/12/15

1.25 Wincanton : Rushvale u/p at 3.02

Daily Result : 0/1 = -10.00
Overall :29/59 (49.15% SR) = -£52.80

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LP (PLACE) Day 55, 04/12/15

No selections today.

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LP (PLACE) Day 55, 05/12/15

12.55 Wetherby : Howaboutnever placed at 2.49
2.45 Aintree : Fort Worth u/p at 2.00

Daily Result : 1/2 = +£4.16
Overall :30/61 (50.82% SR) = -£48.64

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LP (PLACE) Day 56, 07/12/15

1.00 Lingfield : Loumarin placed at 1.97
3.00 Lingfield : Presumido placed at 2.38

Daily Result : 2/2 = +£22.33
Overall :32/63 (50.79% SR) = -£26.31

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LP (PLACE) Day 57, 08/12/15

12.00 Southwell : Arcane Dancer u/p at 2.07

Daily Result : 0/1 = -£10.00
Overall : 32/64 (50.00% SR) = -£36.31

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LP (PLACE) Day 58, 09/12/15

1.20 Lingfield : Jodies Gem u/p at 1.59
2.55 Lingfield : Kachou u/p at 2.70

Daily Result : 0/2 = -£20.00
Overall : 32/66 (48.48% SR) = -£56.31

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LP (PLACE) Day 59, 10/12/15

2.40 Taunton : Doctor Look Here placed at 2.13

Daily Result : 1/1 = +£10.74
Overall : 33/67 (49.25% SR) = -£45.57

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LP (PLACE) Day 60, 11/12/15

12.35 Cheltenham : Kilronan High fell at 2.48
3.25 Cheltenham : Polotologue unseated at 2.36

Daily Result : 0/2 = -£20.00
Overall : 33/69 (47.83% SR) = -£65.57

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This service is part of a package from Lucrative Trust, with win and place selections also provided and being reviewed separately and concurrently. The win review has already been completed and can be seen here; http://www.geegeez.co.uk/lucrative-portfolio-win-review/

The selections are displayed in the members part of the website and are available around 9 am each morning, although there are no selections on Sundays. There is no rush to obtain the place selections as all bets are recommended at Betfair SP.

I have to say that the place results in the trial period have been disappointing. The historical results on their website show a 59.88% strike rate and a 9.34% return on investment. The trial results show just a 47.88% SR and a loss of 6.56 points, or around 9.5% of stakes invested.  The vendor recommends a compounding approach using 4% of the bank as the stake. This approach would have produced very similar results as level stakes, with just £2 more of a loss, assuming a starting bank of £250 and a starting stake of £10. It should be noted however at the end of the trial period your next stake would be reduced to around £7.50 from this approach.

Clearly the strike rate in the trial period has been significantly lower than the past. It may just be that the trial period has coincided with a bad run for the service. It covers a relatively small sample of only 69 bets and the longest losing run was not out of line with the worst that can be anticipated from the historical strike rate, although there were 3 runs of 4 consecutive losers in the trial period.  I can only report on the results I have and couldn't recommend a subscription to this service based on this trial.

That being said I have already recommended the win part of the service and, as the subscription would cover win, place and lay selections, it may be worth monitoring the place selections over a longer period for anyone who subscribes for the win selections.

Overall the place selections have been poor during the trial period and I couldn't award any more than a score of 1/5.

 

 

 

 

 

 

 

 

 

 

 

 

Your first 30 days for just £1