Moneybacktips.com

I had a huge amount of requests about moneybacktips.com so decided to sign up to see if all is as good it appears on there website.

As far as the tips are concerned I can't comment as I cancelled my membership within one hour of joining.

I can tell you however that the results shown are misleading in my opinion as it does not tell you how much you have to stake to make the profits shown.

As an example in February 2008 the profit shown is £280.80 using a £20 level stake on each lay advised. As there were around 230 lays advised at average odds of 3.8 you would have staked over £17.000 to win the £280.80 which is a return on investment of around 1 % only. This is very common with other month's results.

So what made me cancel so quickly:

The most interesting thing offered is the £1000 that you will receive upon joining. This turned out to be nothing but a free bet guide and excel spreadsheet that is used to claim money back bonuses from bookmakers.

I did some checks and all contact details for the company are completely hidden and the phone number they use is dead. I was told " The phone line is no longer available, due to use receiving too many unnecessary phone calls. Everything we do now is done via email, and we do it with high success." A very poor excuse in my opinion.

When I asked for a refund as they promise on the website I was refused until I told them who I was and about my website. If I was an everyday punter I would have lost my money.

They mention a unique staking plan which wasn't received. When asked I was told "The staking plan is undergoing some minor adjustments to cater for the new season of racing." Why adjust a staking plan that is so highly talked about on the website before you join?

I could go on but there's no point....

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