Betting Race 2 Profit Review

Published on September 12th, 2013 | by Tom Wake

17

Review: Race 2 Profit – John Hamer

Review: Race 2 Profit – John Hamer Tom Wake
Risk Level
Ease of Use
Support
Profitability

Summary:

4.1


John Hamer has  launched his 2 minute ‘bet and forget’ tipping service ‘Race 2 Profit’. The key appeal with this service is that it’s extremely simple and quick to use. But does it live up to its claims?

Race 2 Profit is a new service from John Hamer and published by Canonbury Publishing. Even though it only launched in September last year, the live results have been proofed since May 2012.

I’ve been given full access to all the beta tester results (and have been enrolled on the service so that I can give you rolling updates).

You can find out more about the service here.

The first thing I should say is that this really is something that anyone can do. You don’t need to know a thing about horse racing to do this. You’re sent a selection, you place it online on Betfair and 2 minutes later you’re done. There’s no checking form or fussing about with getting the right odds.

You may have come across John Hamer from his Pegasus Racing Club service. Pegasus is his long running dutching service and has received some incredible testimonials to date (some people really have made a huge amount of money following the selections). The problem is for many folk it was also quite a scary service to follow…

Race 2 Profit Review

One of the key benefits is that it genuinely takes a few minutes a day to use

The staking plan was such that you had to keep increasing your stake following a losing selection until a winner was found which could result in some hair-raising bets. This definitely wasn’t for some people (including me) and being a bit of a cautious Colin I preferred to stick to betting services which ran on ‘level stakes’ (meaning, in simple terms, that you effectively bet the same thing every time). That way you have a much better sense of your bank and what you stand to win or lose each day.

Race2Profit is a much MUCH lower risk strategy and though the headline profits aren’t quite as dazzling as something like Pegasus Racing Club, the risk aspect is fantastic and I’ve always felt comfortable placing selections.

Here’s how it works

The format is very straightforward. There are no premium rate lines to call, it’s all email and website based. Each morning John and his racing partner John (yes they both have the same first name, confusingly) send you the day’s selections.

You then log into Betfair and place the bet.

I personally find the easiest way to do this is simply to ‘copy and paste’ the name of the horse into the search box in Betfair and wait for it to bring up the race. Then you can click on the race, click on ‘bet’ for the horse and enter your stake.

You’re always advised to place your bet at something called ‘Betair SP’. In truth you don’t have to understand what it means (it’s literally just a check box that you have to tick) but in case you’re wondering, Betfair SP stands for Betfair Start Price and simply means what the odds will be at the start of the race. That way you don’t have to worry about whether odds go up or down over time, you always get the odds that are fixed at the start of the race.

And that’s it! That really is all there is to it. This is genuinely a 2 minute system.

If for some reason you haven’t received the daily email – if your spam filter is being overzealous for example – you can log into the member website and view the selection(s) there.

The vast majority of the time there is just ONE selection a day (and at the time of writing the last 10 Race 2 Profit emails have all contained just one selection). However occasionally, if for example there’s a big event on, they’ll be 2, 3 or 4 horses. No bet days are pretty rare but occur from time to time.

What is the profit potential on this one?

There are two ways to use this service. You can bet using ‘level stakes’, meaning that you place the same bet on every horse. So for example you might decide to bet £5 or £10 each time.

Betting in this way you would have made a 475% profit since May 2012 [at time of writing – 12/10/2013]. Obviously it’s not ‘quit your job’ type stuff but remember this is using a low risk approach and it takes just 2 minutes a day – so it’s a pretty amazing return to date.

The figures get considerably more impressive if you decide to bet to ‘variable stakes’. This is where you bet more on a horse according to John’s rating. So he might say that he would recommend putting 3 points on a horse on a given day. If you were betting at £10 point you would simply bet £30 on that selection. The difference is that with ‘level stakes’ you would have only ever bet the straight £10, not altering it according to whether or not he rated it as a strong selection or not.

I hope that makes sense. The results betting to ‘variable stakes’ are strong – you can see them in detail here. If you combined this with compounding (which is where you increase your stakes proportionately as your winnings increase) you could have turned a £100 starting bank into £2,078.94 in just 6 months. To give you an idea, to begin with you’d be betting at £1 a point and as your bank increases you’d be betting £20 a point when your bank hit the £2,000 mark.

How much would you have to bet per day on average using the more profitable ‘variable stakes’ approach?

Using the variables stakes system you tend to bet between 4 – 12 points a day on average. So if you were betting at £1 a point that would be £4 – £12 a day… and at £2 that would be £8 – £22 and so on. If you’re using level stakes obviously it’s fixed at the same amount per selection.

The beta testers have had some extremely positive things to say about Race2Profit including:

“I made a four figure profit in just two months, overall!” Mark Davis

“I couldn’t be happier… Even though I have only been using small stakes, in the three months that I have been using the service, I have almost trebled my starting capital” Dave C

“It is the simplest, most user friendly service I have come across” DG

“… very thorough and informative ;-). And a nice profit was returned, hoorah!” SK

“As a professional betting system reviewer I can safely say this service is at the top end of the spectrum.” Peter G

Update – 2 tricky months, but still well in profit

Just to give you a quick update, Race2Profit had an excellent September, an excellent October and then a terrible November. December and January came out just about in profit.

It’s always tricky with tipping services because inevitability there will be bad months – which understandably put some shorter time followers off (particularly those who join on a disappointing month). It’s important to point out that no tipster can get it right all the time, because there are external factors that they simply can’t predict.

With any tipping service it’s important to take the performance over the longer term (and make sure you’re comfortable with taking the rough patches with the smooth). In Race2Profit’s case the long term record is still impressive.

Since September (launch) the service is up 185 points which isn’t to be sniffed at. If you were betting at £10 per point you’d be £1,850 in profit.

I’ll keep you updated with the performance! 

You can find out more info here.



About the Author

My name's Tom Wake and I'm the editor of Insider's Edge. I bring you tips, tricks and shortcuts to help you save money, make money and save time.



17 Responses to Review: Race 2 Profit – John Hamer

  1. Michael says:

    I was a beta-tester for this new service and can confirm that the results are 100% genuine. However, the daily selections are NOT found as a result of extensive research as claimed on the website. The selections are found by using a simple and straightforward SYSTEM that anyone could learn in a couple of minutes. I identified the selection process by referencing the results against an information source (not the Racing Post) that can be accessed for a monthly subscription of £9.95 – much less than the subscription being charged by this service.

    • Tom Wake says:

      Hi Michael, thanks for the comment – it’s great you had success using this. I’m wondering what you mean when you say that the selections are not found as a result of extensive research. I’ve spoken to the two John’s about this and they’re a bit baffled by this! Could you email me and provide me with a bit more detail so that we can clear this up?

  2. Tony says:

    Interesting review but lets be honest you’ve told us no more than is available on the website.

    If you have the full beta testers results why haven’t you given us more information like number of bets on average every day, strike rate, average odds, how many points on average are recommended etc etc

    The sales page states that £100 would now be £9373 after 17 months but that is betting at an accumulative point value of £341.

    Truth be told your review is no more than sales copy.

    • Tom Wake says:

      Hi Tony,

      I am sorry you feel that way. I have all the beta testers’ feedback forms and I’ve personally been receiving and checking the selections for this service for the past 3 weeks – all the testimonials are genuine and the results have been recorded accurately to Betfair SP. I’ll happily update this ‘first look’ post with average number of bets per day etc (there has been one selection a day in the last 11 selections, but occasionally there’s 2 or 3 on a big event day).

      If you’d been a long term reader you’d know that I never recommend anything that I haven’t personally looked over, or seen verified results for, or had a beta tester on. Of the 60+ reviews from myself and beta testers on Insider’s Edge over the past 3 years only a handful have got the seal of recommendation.

  3. gary says:

    I do wonder how promoters get away with charging hefty monthly fees!
    It seems to me it’s all in the sales-copy, profit from all the work done as in this case the two johns slaving over the data to give the punters a winning edge. I recall that pegasus was £50 a month, the selections were dutching the first two horses at short odds,in the selected race not exactly rocker science! if it did not win there was a second selected race, if that did not win, start again the next day!
    Yes it works over time, but £50 a month for a system anyone can knock out in five minutes. The truth is if you want to make money, either backing, laying, or trading horse races. Go to sportinglife, or the racing post, there is years of data, which will give you all you need to put together a system, i can honestly say it will only take an hour to do, i have put several systems together which safely double a bank in a month! if i can do it anyone can, the point is why pay others ?

    • Tom Wake says:

      Hi Gary, thanks for your comment.

      I think the point of any tipping service is that they’re for people who maybe don’t have time to do research or check form or study data. Also you don’t have to be a sports fan or previously know anything about betting to get involved so it’s widely accessible.

      Just to clarify, R2P is definitely not something that was knocked up in 5 minutes (and nor was Pegasus), it was tested and repeatedly refined by John Hamer and John Unitt for well over a year before it even made it to the beta testing stage.

      It’s fantastic that you’re successfully profiting for your own systems and it’s an inspiring reminder to anyone who has the time and know-how to develop their own strategies to go out there and do it. With that said I think some people would be happy to pay £50 a month for a service if it only took you a couple of minutes a day and made you a good return. Whether a service charges £20, £50 or £100 a month you’re paying for someone’s time (as well as all the less obvious costs like admin, transaction fees, hosting etc). They invest a great deal of time and money in developing a system and then do all the donkey work for you on an ongoing basis – I think that’s appeal here.

    • Richard says:

      Dear Gary It was very encouraging to hear that you have managed to work out some systems your self that safely doubles your bank each month. Thats brilliant! Have you ever thought of showing any one else how to do it, or selling them the systems? To find a safe way as you put it, to double your bank each month is something i think all of us would like to be able to do, which is why we all seem to spend so much time trailing and investing in all the systems we have presented to us. If you have developed something that works Gary would you ever consider sharing it with any one else? For a fee of course? I would be very interested, I dont know if this message will get to you, look forward to your reply, many thanks, Richard.

      • gary says:

        Hi,
        All tipsters use freely available data to give selections.
        As Tom says you are paying for their time!
        Here is a simple system that will give you good returns, and if you compound your winnings, build you a nice bank!

        Can be used with the jumps,but i use it with the turf / AW’ flat.
        Look at the H’cap’ races ( grades 5,6,7 work best )
        Find the horses that are C/D winners, that are 9/1 or below.
        Back to win, using a simple staking method.
        Also works well putting them into each-way doubles!

  4. Antonio says:

    It’s necessary to have a Betfair account, or it’s possible to use the bookies accounts? Will be better results with bookies early price or with Betfair SP?. Thanks. Antonio

    • Tom Wake says:

      Hi Antonio. It’s recommended that you use Betfair SP (and all the results are recorded this way). However, I can’t see any reason why you couldn’t use BOG (Best Odds Guarantee) with other bookies. I’ll contact the chaps from R2P and find out for you.

      • Tom Wake says:

        Hi Antonio,

        I just got a reply from John Hamer. Here’s what he had to say:

        “Yes of course – no problem at all using traditional bookmakers and BOG. However it is worth noting that BOG is only guaranteed to beat the best bookies odds and not Betfair. With that said, if you think you can get better odds using BOG great! We certainly don’t want to stop people from operating the way they feel comfortable with.”

  5. Peter says:

    Re Gary’s of October 7th.

    Always grateful for advice from people with better knowledge of the game than I have (almost anybody!) but can you clarify, please?

    ‘Can be used with the jumps’ – all jumps eg steeplechase, hurdles, etc?
    ‘C/D winners’ – last time out, or at any time?
    ‘9/1 or below’ – disregard any horse priced above 9/1?
    ‘turf / AW’ flat’ – any track, including all-weather and flat racing?

    As you will guess, I’m no expert so would appreciate clarification of the points above.

    • gary says:

      It’s not my knowledge, its using the freely available data combined with a good staking plan!
      Hc’p jumps only, so you can use previous data to spot the form horses.
      Any time C/D Winners ( form is permanent )
      Over 9/1 priced do win, but most C/D winners are below 9/1.
      Turf and AW’.
      Another useful piece of data, top rated C/D winners will place most times.
      Check sportinglife race cards at the end of the day, you will soon spot oppotunity for profit!

  6. Peter says:

    I write in appreciation of your R2P article, and the system itself which I joined in September.

    My initial bank was very modest but, thanks to an element of compounding, plus Farhh’s winning yesterday, it has now tripled.

    At present, R2P is closed to new members. Perhaps it success is affecting the odds? For example, today’s selection, Percy’s Gal, was advised at 4.10, roughly 3/1, before 8.00 am this morning. It finished, second,(you can’t win ’em all) at 7/4 (2.75).

    To date, this has proved an excellent service. Long may this be the case!

  7. ian mctaggart says:

    With reference to Peters comment above. Most horses will continue to shorten if the message is given out too early before the markets are properly formed. Since this went live it has proven to have been a very good and profitable service. I understand that this service is designed for people to bet and forget about it but what do people want? Value bet selections that provide good profits or underpriced horses that provide no value. To give bets out early in the morning with no liquidity actually informs the bookies how to price a race. The winners may still continue but at much less a value price and in fact if a horse is given at 2.8 and then crashes to around 2.0 it actually becomes worth oppossing at 2.0. I believe the service would be worthwhile to all concerned if the bets were given out at least 2 hours later once the markets are properly formed. You then have the choice of betting with a BOG bookie(after a while though if successful the BOG bookie will close acccount or take away the right to use BOG prices) or taking a price on betfair. Small races midweek prices will almost certainly shorten up dramatically if the bet is given too early, obviously a much better race like Farhh wouldn’t have too much impact on price but that did shorten up a bit from the early price. So far since this went live far more horses have shortened in price than drifted and with more success this will continue to happen.

  8. Kumar says:

    This isn’t so worthy of a service. Since my joining in Dec I have seen a mammoth 90 point loss in just 10 days. It really sucks. Pure waste. If they continue at this pace I am sure their 159 points gained over will fade away in Dec itself.

    Not so worthy.

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