ITK Racing Review
Welcome to our ITK Racing review, where you will see us put this horse racing tipster service from Betfan under the microscope for 90 days. The service is run by Bet Kudos and no details of who they get their information from is given.
Tips are sent to our inbox each day via SMS to our mobile phone. The ITK Racing review will see results recorded at advised stakes and also at £10 level stakes.
Quick Summary
You can find all the monthy updates about ITK Racing further down this page, however the table below gives you an oversight of the final position of the review.
SUMMARY OF REVIEW
| Profit/Loss to £10 Level Stakes | tbc |
| Number of bets | tbc |
| Number of wins | tbc |
| Strike Rate | tbc |
| Bank Growth | tbc |
| Return On Investment | tbc |
| Review Period | tbc |
| Cost | £70 per month
|
Month 1 Summary
The first month of our ITK Racing review has finished in profit but nothing to really write home about. 7 of our 23 bets delivered profits but we only finished £78.56 up to advised staking. We've also been recording results to £10 level stakes and that would have £75 profit, so not much difference at all.
The strike-rate of 30.34% appears spectacular, unfortunately it is not indicative of the profits. There were lots of little winners as each way bets placed rather than won their races.
The ITK Racing service is slightly different to many others as tips are delivered by text as it's imperative that you receive the tips without delay and most people are glued to their phones nowadays.
Hopefully the profits can increase to match the strike-rate in month 2!
| Profit/Loss to £10 Level Stakes | +£75.00 |
| Number of bets | 23 |
| Number of wins | 7 |
| Strike Rate | 30.34% |
| Return On Investment | 10.14% |
Month 2 Summary
Another profitable month for the service as it delivered £228.03 profit to advised staking and finished at £306.59 up overall.
As always, we track results to £10 level stakes and that performed marginally better with £236.90 in the month.
The strike-rate this month came in at 28.57% as 8 of the 28 selections delivered a profitable bet.
Overall the service is well placed at the moment but it could really do with ramping up the profits in the final month.
A few of those second and third places turning into firsts would do the trick.
| Profit/Loss to £10 Level Stakes | +£236.90 |
| Number of bets | 28 |
| Number of wins | 8 |
| Strike Rate | 28.57% |
| Return On Investment | 26.62% |
Month 3 Summary
A loss this month as the service lost £112.70 to advised stakes, it's certainly not a disaster but after 3 months the service hadn't really delivered any great returns, especially when you consider the monthly subscription cost.
A strike-rate of 30.43% appears healthy enough on paper but many of the profits delivered were marginal as they came from each-way bets that placed rather than won.
As we said in month 2 if some of the 2nd and 3rd places could be converted into wins then this could have shed an entirely different light on proceedings but it is what it is and this is going to get firmly filed in the neutral section.
It's worth noting that although the stakes are £10 per point, bets were usually between the 2 and 5 point range meaning an outlay of £20 to £50 on each race.
The ultimate downfall with this service is that the each-way bets only delivered minimal profits upon placing, so the each-way seemed very much to be used as an insurance in the case the horse didn't win outright, which it invariably failed to do.
| Profit/Loss to £10 Level Stakes | -£89.60 |
| Number of bets | 23 |
| Number of wins | 7 |
| Strike Rate | 30.43% |
| Return On Investment | -12.44% |