Bet Alchemist Review
Welcome to our Bet Alchemist review, where you will see us put this horse racing tipster service under the microscope for 90 days. An email is sent as soon as selections are available, then all you need to do is login to their website to obtain the selections. The Bet Alchemist review will see results recorded at advised stakes and also at £10 level stakes.
Quick Summary
As we embark on a 90 day review of BET ALCHEMIST this is what Scott the author has to say:
“I guarantee you full transparency and honesty when using the BET ALCHEMIST racing advisory service. Since going public in December 2012 long standing members have won over 500 points profit to level stakes.”
That's £25,000 won to £25 EW stakes!
All selections from Bet Alchemist are obtained by logging into a secure Member’s Area with stakes and available prices stated
A full breakdown of every bet placed by Bet Alchemist can be found in the results section of the website with results updated within 24 hours of each selection running.
All Payments are through Clickbank carrying the usual Clickbank refund guarantee.
SUMMARY OF REVIEW
| Profit/Loss to £10 Level Stakes | +£161.50 |
| Number of bets | 31 |
| Number of wins | 11 |
| Strike Rate | 35.48% |
| Bank Growth | 16.15% |
| Return On Investment | 52.10% |
| Review Period |
16th November 2018 to 16th January 2019 |
| Cost |
£39 per month £95 quarterly £150 six monthly |
Month 1 Summary
Bet Alchemist only sends selections at weekends and generally on the major race(s) of the main meeting. There are tips from 1 to 6 (rare.) Each day selections are sent and are usually 1/ 2 pt each way or 1 pt win. So far these are the only stakes and type of bets sent.
Our Bet Alchemist review has proved to be steady and reliable and the S/R, P&L, and ROI are really very impressive.
Looking forward to the next 30 days and hope the profits will continue.
Selections were available the previous evening before racing and prices recommended readily obtainable with the major bookmakers
| Profit/Loss to £10 Level Stakes | +£161.50 |
| Number of bets | 31 |
| Number of wins | 11 |
| Strike Rate | 35.48% |
| Return On Investment | 52.10% |
Month 2 Summary
A rather disappointing second month of results after such a good start in month one. As this is a service that only has selections on major races at the weekend I find it difficult to see how it can recover.
The best results were two consecutive winning bets (twice) which does not really give any comfidence. However the first month proved that it was possible to obtain a decent profit so let’s hope there can be a turnaround.
Selections were available the previous evening before racing and prices recommended readily obtainable with the major bookmakers.
| Profit/Loss to £10 Level Stakes | -£151.00 |
| Number of bets | 29 |
| Number of wins | 7 |
| Strike Rate | 24.14% |
| Return On Investment | -48.71% |
Month 3 Summary
Our third and final month managed to return back to profit as was seen in our first month, with a profit of £32.60 to £10 level stakes. The service certainly has merit, and has been around a long time. Many professionals claim to use the service as part of their portfolio.
| Profit/Loss to £10 Level Stakes | +£32.60 |
| Number of bets | 21 |
| Number of wins | 4 |
| Strike Rate | 19.05% |
| Return On Investment | 15.52% |
Bet Alchemist Conclusion
This has been a fairly steady service results wise. Due to the method of sending out tips (mainly weekends) there was never going to be many bets in the 90 days period.
A Strike Rate of 34.92% for a backing service is acceptable. However an ROI of 17.24% reflected by 14.31 points profit does not really stand up when 3 months subscription fees have to be considered.
The heavy loss in the second month was always going to make this service struggle and for that reason I will award it 3/5 as to be fair there was not really enough bets in the review period to realize the full capabilities of this service.
Should the author decide to send selections on a more regular basis then it would be worth having another review. Possibly one to watch long term, and one we will be keeping an eye on.