Product Name: Back Lucrative
Author: Michael J Carr
Contact Details: email@example.com
Price: £39.00 per month / £99.00 per quarter/£297.00 per year all come with a discounted first month
Money Back Guarantee: 30 day money back
What Do You Get: Horse racing value back selections
Where To Buy: w ww.raceadvisor.co.uk/s/backlucrative/
Brief Summary: Back Lucrative is a daily horse racing tipping service
How Much Money Do I Need To Get Started: Advised starting bank of 200 points
How Much Money Can I Make: On average to flat stakes, 11 points per month or 16 points per month to advised stakes and odds
How Much Time Will I Need To Make This Work: 10 to 15 minutes per day
Will I Need Any Equipment To Do This: Bookmaker accounts and ability to place bets
We started Proofing Back Lucrative on the 10th February 2014, and up until writing have proofed 2204 selections. Selections are put into a members area between 10am to 10.15am daily on the day of racing.
There are on average 7 bets a day, but this can be more or less.
The selections are made up of NH and Flat races at varying different odds. From the beginning of the trial this service started at 1 point advised level stakes then from October that dramatically jumped up to 10 points.
This review will cover ISP and BSP to 1 point level stakes, and to advised odds and stakes as well.
The results in this review are correct at time of writing but we will continue to proof Back Lucrative here.
In the 11 months that we’ve been proofing Back Lucrative, to advised odds and stakes there have been 6 winning months and 5 losing months with the current month showing a profit at the moment. At ISP this turns into 3 winning months and 8 losing months and to BSP it is 4 winning months and 7 losing months.
The author, Michael Carr, uses a system to find value as well as compiling his own odds line to find that value.
So, let’s take a look at the ISP figures first:
From the table above we can see that we have a decent enough strike with a good amount of winning selections. But, it’s seriously lacking in profit and return on investment. This shows that there’s not enough value to ISP from the selections provided to make this a viable way to go about using this service.
As you would expect, the results are a lot better when it comes to BSP. Using Betrayer there is a 7% gain in the return on investment, and we claw back some 184 points in profit. This means that we are getting an improvement in value from the better odds on Betfair, but not enough to bring the service into profit.
However, when using the advised odds, as you can see from the above table, there is a dramatic upturn of profit in our favour. A massive 367 point swing.
Obviously the advised odds need to be available when placing your bets, but it’s likely these would be quite accurate due to the time selections are posted in the morning.
In the table above we can see that using advised odds and stakes we lose some ROI but… gain just over 50 points profit!
However, a 3% ROI is quite low.
As always, the big question is does the service make money?
And the answer is yes.
Looking above you can see that at £10 a point and using one point stakes to advised odds, Back Lucrative has made just over £100 per month. That’s what we consider at the Race Advisor to be the minimum average monthly profit required for a service to be a viable proposition. Looking at past results, this looks to be the safest way to use these selections as it generates a good profit with a decent ROI.
If you were to be betting to advised odds and stakes then since the points per bet went up to 10 from October, and combined with the regular losing runs one would expect from a service with a 17% strike rate, you would have to significantly increase your bankroll to protect it.
Over the proofing period Back Lucrative has shown to be a consistent service and could well be a good addition to your portfolio, but as said before only to 1 point level stakes at this stage until proven otherwise.