I really liked the sound of the Professor’s Formula when I kicked off a trial back in February.
I mean, who wouldn’t?
The sales page talks about it being run by a “selective tipster” and being focussed solely on Betfair SP-based betting. It was all right up my street.
Unfortunately, however, the first two months were very tough indeed. I don’t want to go over it all again now — it’s just too painful — but, if you must, well, take a look at this.
Still, I’d only put on 71 bets so there was a long way to go.
So… did month #3 bring a much-needed reprieve?
Read on to find out…
Glory be, we finally had a profitable month.
Admittedly, we banked just 4.5 points but any profit makes a refreshing change after what I’ve been through.
I’m betting at £10 a point and using a £1,000 bank. All selections are entered at Betfair SP with a 5% deduction being made for the commission on winning bets.
The month #3 summary certainly doesn’t represent the single greatest performance in the history of my site but hey, it’s still a move in the right direction:
|Month 3 Performance at Betfair SP||Complete trial|
|%age bank Growth||16.94%|
|Wins(races w/ profit)||9|
Unfortunately, there remains a hell of a long way to go.
To give you an idea of just how far, look at the performance chart. The month #3 upturn appears in the red circle:
You can probably see now why I’m not getting too excited just yet.
The fact remains, I’ve lost almost 70% of my original betting bank. And I can’t imagine what I’d be saying if I was also paying for the service.
The headline figures for the trial as a whole remain resolutely dismal:
|Whole Trial – All bets placed at Betfair SP||Complete trial|
|%age bank Growth||-69.52%|
|Wins(races w/ profit)||24|
I usually include the full results for the latest month within my progress reports. But, in this case, I can’t really see the point.
Any chance that the Professor’s Formula might finish in the black seems to have disappeared long since.
You can review the full results log, if you must, by clicking here.
As for me: well, I’ll be back when I get to the 150 bet mark – or when my bank balance is wiped out, whichever happens first.
And if for some mysterious reason, you’d still like to find out more about this product, you can do so here.