A new year, dear reader, and the first of the new systems off the conveyor belt is Six Figure Betting, from the 26 year old 'pro punter', James Leigh.
I took a look at Six Figure Betting today, and compared the product with the sales pitch.
First up, we're told this has made 249,610 profit since 2007. What we're NOT told is that this is to thousand pound stakes. I mean, come on, that's just ridiculous.
Next up, I can see immediately that the system has been devised using Adrian Massey's excellent system generator site (one of a number of research sources recommended in my Horse Racing Experts package last October). Now I have absolutely no problem with this, especially because it enables me to check the data for myself.
Seeing as all the data are the same for both of us, you'd expect we'd get the same results, right? But the problem is we don't. I have double checked the rules and re-entered them, and my findings are thus:
Most importantly perhaps, the Six Figure Betting system does make a profit, at least at Massey's calculated Betfair odds. His site suggests you'd have won 58,700 to those preposterous grand stakes. To more sensible 100 stakes, this is still a tidy 5,870, more than enough for me to recommend a system generally.
This assumes that you could lay each horse at 12% over SP on Betfair. It's more likely to be an average of around 18% at the price range quoted, which means the profit figure should be multiplied by two-thirds, i.e. 67%.
And still there would be a profit, and it would be circa 3,957 to 100 stakes. And still that's good going: not massive, but 40 points is a nice enough addition to any balanced betting portfolio.
So what exactly is my major beef with this?!
Well, here's the thing. Despite the unquestionable profitability of the system, it's predicated on bull***t. The guy is obviously NOT a professional gambler. Moreover, it's abundantly clear that nobody has been laying these horses (it's a laying system) at a grand a pop.
And finally, and most aggravating for me, this system is based on National Hunt racing and this 'pro gambler' says the age range starts with two year olds! Anyone who's been betting for even a couple of months knows that NH races only allow three year olds and up, and even then, only in the latter part of their third year.
OK, here's my view on this. The guy behind this has found a nice little system that appears to work, and will quite possibly yield small but steady profits going forwards. Hats off so far.
In fact, I actually quite like the system.
However... the sales blurb is full of the most basic lies, and the system has a clanger (albeit immaterial to the results) in it.
And lastly I'd be surprised if the customer service was anything other than non-existent, though in fairness this is an opinion and I have no fact to substantiate that.
If you are interested in buying this, I cannot put you off based on the product itself. But I have these three pieces of advice:
1. Do NOT fall for the 'upsell'. Once you get to the download page, scroll right to the bottom where there is a 'click here' link in small print. This takes you to another page the same. Do likewise, and you'll pay no more money and finally get hold of the system. (This is another example of sharp practice, in my book).
2. Do NOT buy the system (which sells for 25 quid) straightaway from the sales page. Rather, click away from the page, and you'll be offered a tenner discount. So you can get Six Figure Betting for 40% off.
3. Don't expect any customer service. You might be pleasantly surprised, but don't bank on it. If you need a refund (not that I think you would - you now know exactly what the drill is having read this), deal directly with Clickbank.
No promotional link from me, as I'm uncomfortable with the aspects I've mentioned above. If you want it, pop over to www.SixFigureBetting.co.uk...
That's it from me. I'll be back later in the week with a look at the World Hurdle...
p.s. On the subject of promotional links, and to avoid any further consternation for some newer Geegeez readers, I've updated my 'About' page with a user-friendly 'policy statement'. You'll find it at the bottom of that page. If you're unsure of how it works here, I'd encourage you to take a look at that here: