Betting Exchange Profits – Final Review
I received loads of emails requesting that I review this system so the sales page is almost certainly doing the job it is supposed to be doing in getting peoples interest. So does the system live up to the hype?
I asked the author and seller Jason Chester’s for a copy to review and several days later I received a copy in my inbox.
After first reading the eBook I had mixed feelings and because it’s impossible to back check results I asked my list for there experiences of the system if any. The large number of responses I received showed me that the sales page is doing a great job and I suspect a very large number of copies have been sold.
So what did people think of the system? In general I think everyone who emailed me would agree with what I am about to write and the rating awarded to betting exchange profits.
The manual contains 66 pages and is full of information regarding the system and its workings, without the usual numerous pages in there for the Betfair beginner.
In fact, there is very little blurb that is not useful in some way, both to using the system on horseracing and a different look at other sports investments.
The method itself relies on watching the markets for shortening or drifting prices then backing or laying (depending on the number of runners) within an odds range of 1.3 to 1.5. I agree that in general “Money Talks” but not always. I can’t remember the amount of times I have seen a well backed horse trail in last or a short priced forecast favourite win at huge odds on Betfair after drifting all day.
The manual takes you through the logic behind deciding when to go for a win, lay or place bet and makes the process look comparatively simple and perfectly feasible which it may well be, but naturally all selections will vary from one person to another and it is more a method than an actual system.
The claim that: The great thing about this is that it only takes 1 hour during the afternoon to make this kind of money, is slightly misleading, as one drawback is that not every race has a qualifying selection and you can spend most of the afternoon trying to achieve your targets. You also have to monitor the races about ten minutes before the off which is not suitable for those of you that work during the day.
This method uses a staking plan strategy which relies on carrying forward your original stake plus any profit on a recommended 4 to 6 bet cycle. In simple terms a rolling accumulator.
All cycles start with a predetermined stake so on any losing cycles you only lose the initial stake. Jason recommends you start with £100 each day with the aim turning this into £600.
He claims on the sales page that he can show you how to win £1110 per week.
He claims to do this in the book by using an initial stake of £100 each day with the aim of turning this into £600 using the above explained methods. He claims that it is very rare that you will not get a winning cycle at least 2 times each week making you an overall profit of £500 and that 3 winning cycles will make you a profit of £1100.
So basically, you would win £500 on 3 days of the week and lose £100 on the other 4 days.
I would personally like to see Betfair screen shots of Jason achieving this which would be very simple to do. The manual includes several working examples of winning cycles and Jason tells you which bets he placed etc. Again there is no proof the bets were placed which could have been easily shown.
The system is certainly not as easy as it sounds. I tried and failed miserably and so did most of the others who emailed me.
Maybe if you had a good knowledge of certain sports and could string together 4-6 winning bets then perhaps you could make a profit.
They say the quickest road to the poor house is backing odds on favorites but backing odds on shots in accumulators bets is even quicker in my opinion.
Rating: 2/5 – The system may have some merit but in my opinion it is not reliable enough to use in the long-run and is one to avoid.
