Betting Development Review
Welcome to our Betting Development review, where you will see us put this free horse racing tipster service from Betfan under the microscope for 90 days. The service is run by the Betfan team and tips are delivered to our inbox each morning via email and are also available from the membership area within Betfan. The Betting Development review will see results recorded at advised stakes and also at £10 level stakes.
Quick Summary
In our review of Betting Development, we will see whether Betfan's free horse racing service can provide us with a free way to make some money. They claim a 26% winning strike rate, and it looks like using a Best Odds Guaranteed bookmaker works best.
SUMMARY OF REVIEW
| Profit/Loss to £10 Level Stakes | -£183.42 |
| Number of bets | 82 |
| Number of wins | 17 |
| Strike Rate | 20.73% |
| Bank Growth | -20.34% |
| Return On Investment | -20.34% |
| Review Period | 7th June 2018 – 6th September 2018 |
| Cost | Free |
Month 1 Summary
We have now completed our first month of our Betting Development review. Here is how it is doing so far.
This review has got off to a disastrous start with the first five tips losing and in fact only had 2 winners in the first nine. It did not improve for the rest of the month which produced a mere 7 winners.
Selections were always available mid-morning and prices recommended readily obtainable with the major bookmakers.
To advised stakes we have seen a loss of £100.92 with a -10.09% return on investment.
| Profit/Loss to £10 Level Stakes | -£90.92 |
| Number of bets | 30 |
| Number of wins | 7 |
| Strike Rate | 23.33% |
| Return On Investment | -9.09% |
Month 2 Summary
Sadly our Betting Development review has not made any improvement on the last month although the five wins generated a profit of fourteen and a half points which helped reduce the losses to just five points.
However results were moving in the right direction in spite of a run of nine consecutive losers. A vast improvement is required in the final 30 days for this to show a healthy profit.
Selections were always available mid-morning and prices recommended readily obtainable with the major bookmakers.
| Profit/Loss to £10 Level Stakes | -£5.00 |
| Number of bets | 25 |
| Number of wins | 5 |
| Strike Rate | 20% |
| Return On Investment | -20% |
Month 3 Summary
Once again this service has not performed and made any improvement on the previous month. This time round the 5 wins made a loss of 7.75 points which further increased the losses.
However results were moving in the right direction in spite of a run of 9 consecutive losers. We thus closed this review in a deficit.
Selections were always available mid-morning and prices recommended readily obtainable with the major bookmakers.
| Profit/Loss to £10 Level Stakes | -£77.50 |
| Number of bets | 27 |
| Number of wins | 5 |
| Strike Rate | 18.52% |
| Return On Investment | -28.7% |
Betting Development Conclusion
This service never got going as can be seen from the summaries above. The statistics do not warrant awarding this service a Pass and therefore it goes down as a FAIL for our Betting Development review.