WHAT ABOUT ALL THE LOOSING DAYS
 

Remove the Subsription fee and it does not look so good.How come we do not hear about the loosing days?????????????

Ron.

The best tipping service on the internet
Newsflash - 418% POT!!
Gold Specials
42% POT last 6 months
Click here

Doesn't it depend how much you bet, Ron? The subscription fee is a fixed cost, and the amount of your betting turnover is up to you. If your turnover is only $100 over six months then $42 profit is insufficient to recoup your subscription. On the other hand if your turnover is $100,000 the subscription fee would only put a slight dent in your profits.

In relation to your second point - why would anyone provider of racing information want to advertise its losing days? Most reputable providers of racing information are happy to give you a list of the bets provided to members over the last year, or some other verification of profits. If they don't then don't subscribe. That's what it comes down to: if you can't satisfy yourself of the honesty and profitability of a service provider then don't subscribe.

Cheers,

Filante

There are regular, detailed updates which can be found at www.propun.com.au/horse_racing_news_index.html

NEIL.
 

In relation to Ron 50 letter and bearing in mind your average strike rate and dividend would there be a MINIMUM average bet size to make it all worthwhile /
Profit plus pay for the subscription .

Cheers.
darky.

Based on the stats below the average bet size was 23.68 units. There was a profit of 1126 units. If a unit was just one dollar then with an average bet size of $24 ( 23.68 rounded up) there was a profit of $1,126 with membership costs of approximately $445. Membership covering a 13 month period is $891 (there are six Saturdays not covered during this period.)

Personally I would assume that if a punter is going to pay for selective betting information on the horses that the punter will be betting significantly more than an average of $25 on these selections.

One other aspect not considered. If a punter is disciplined betting our Gold Specials and Top Rated Specials, how much money might they also save themselves from otherwise losing?

After all, betting on racing is a massive negative sums game. Most punters long term lose significant amounts of money.

Melbourne and Sydney Gold Specials

Over the last six months, from September 2005 to the end of February 2006 the results have been:

76 bets
20 winners
Outlay: 1973 units
Return: 2792 units
Profit: 819 units
Profit on turnover: 42%

Brisbane and Adelaide Top Rated Specials

49 bets
12 winners
Outlay: 987 units
Return: 1294 units
Profit: 307 units
Profit on turnover: 24%

NEIL.
 

Thank you.

Most appreciated.

Cheers.
darky.

Ron,

The losing days have no bearing on the statistics.

Any service will have losing days, that's inevitable, what counts is the end result.

42% POT over 6 months is incredibly exceptional for a racing service.

And, no, I have no financial interest in the Propun racing services.

The fact is that they retain this sort of performance year in, year out.

The subscription fee matches the quality of the service, the fee could easily be recouped plus significant profit, if one is disciplined and invests a percentage of the bank taking note of the recommmended units to bet.

The repeat subscriptions every year tell the story better than anything.

The only reason I do not use their service is that I do my own thing, and prefer to make my own decisions, and it works (longterm, often not short term). If a punter is losing money, he could do himself a favour by at least contacting Neil for further information.

Fair Comment

For plenty of punters there are unfortunately many pitfalls in having selections that should do well over the long term and actually doing well with those selections.

Too many punters will be put off if a horse eases in the betting ring. Others will be put off by odds. "It can't win."

I remember some years ago a member phoned me to complain that he was not making any money backing the top selections. I asked him if he backed a certain horse in Brisbane that was on top. The reply was, "No. I missed that one."

It won at $33.00.

The punter did not renew his membership.

Many punters will blame a tipping service if they don't win, and not even take the blame themselves for deciding a selection from the tipping service "Can't win" and then miss a big winner.

In my opinion plenty of punters join tipping services but continue doing pretty much their own losing thing. But joining a tipping service gives them a convenient scapegoat when they continue to lose.

Neil, the stats are very impressive, and I'm not knocking them in any way, though I haven't actually subscribed YET, my only question is why are 6 months results taken in particular?? I mean is there a logical reason for this? I ask because as you have said many times it is the LONG TERM result that matters. I would be VERY impessed with 12% POT over 5 years, (LEVEL STAKES OF COURSE, THAT IS WHAT WERE TALKING ABOUT ISN'T IT?)but much less impressed with 412% POT over 6 months. Don't think I'm knocking, quite the contrary, I'm only just starting really (with only a couple of years serious betting) and probably aspire to where you are now, but still have trouble slotting 412%POT into long term reallity (hope I'm VERY wrong!)