It’s barely been three months since I started testing Alex Hammond’s free tipster service on Sky Sports.
Alex provides a single daily horse racing selection to anyone who’s interested. It doesn’t cost a bean and you don’t even have to provide an email address to get it.
Instead, you just drop into Sky’s site sometime in the morning – preferably, late morning as publishing times can vary quite a bit – pick up your selection and away you go.
So, in short, it all sounds great. There was, in fact, just one hitch.
After my first month’s testing, I’d lost almost 24 points.
So… was this just a particularly bad case of the New Triallist’s Curse? Or a sign of worse to come?
Sadly, things have continued in the same vein.
Indeed, as of Sunday night, 16th April, I’d completely blown my £1,000 Betfair SP bank.
This equated to a loss of over 50 points as I’d been betting at £20 a point.
The full performance statistics tell the whole sorry tale:
|Alex Hammond – Free Horse Racing Tips||Price taken||Betfair SP|
|Profit||(£ 995.00)||(£ 1,022.98)|
|New Bank||£ 5.00||(£ 22.98)|
|%age bank Growth||-99.50%||-102.30%|
|Wins(races w/ profit)||6||6|
|Strike rate(races w/ profit)||8.57%||8.57%|
As you can see, my “Price Taken” bank, based on the odds I managed to secure in the live market, has also been decimated.
And as it has been reduced to just £5, I am unable to put on any further bets with it either.
It follows that the trial has had to close as I am clean out of money.
If you’d like to read the full results log (and, trust me, it isn’t for the faint-hearted), you can do so here..
This has been an unusual trial in a number of ways.
In particular, there is no guidance as to bank or stake size. So I set my starting balance to 50 points and put on a single point per bet. Meaning: you could argue that my bank would not have been blown if I had used a different arbitrary sum.
However, I am sticking to my decision to close the trial. A loss of 50 points in just 70 bets, when only placing a single point on each one, is almost unbelievably bad.
So: as I have a zeroised bank balance, I get to play the Surfaris’ Wipeout theme tune on my site once again. Partly to highlight what a rare event it is to lose an entire betting bank, but mainly because it’s a brilliant song: