A new service is being trumpeted this morning called Lucrative Portfolio, produced by Michael Carr. As the name suggests, it's a portfolio service comprised of three individual methods. Here's what I know of the man and his methods...
Lucrative Portfolio: The Background
I've known Michael for almost three years now and, during that time, he has been a Platinum student of mine (I occasionally show people how to produce and promote their own betting services), and has had two services reviewed here on geegeez.
As with all our reviews, that pair were undertaken by independent volunteer reviewers and, of course, were completely impartial and unbiased.
Both passed their reviews with flying colours - here are the actual reviews:
Not only did they pass their reviews, but they went on to perform extremely consistently over a number of years. So Michael knows his business, and has a track record of producing high quality, profitable services into the market place.
His latest 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.
Final Thoughts on Lucrative Portfolio
This is a service which, if it lives up to its claims, will make members a very solid profit. Anything approaching 20% ROI is tremendous, and if you choose to compound profits, the profit in absolute terms could be quite exciting.
But, and there is a but, it is important to begin with baby steps. Michael offers your first month at just £7, which means that anyone embarking on the Lucrative Portfolio adventure can do so with very little risk. To me, that means using very small stakes or paper trading. It is dangerous with any service to dive straight in, and this is no exception. In betting, slow and steady generally wins the races.
With all that said, I'm very excited to see how Lucrative Portfolio progresses and, based on Michael's track record, I'd certainly encourage those who bet from a portfolio to at least take a month's trial for £7.