Hello, Martin here with my third monthly report on Football Betting Alerts.
I’m almost reluctant to make comments on the system this month, as I feel the whole subject has proven to be so controversial. If you don’t know what I’m referring to, you just need to look at the comments at the foot of previous progress reports in the trial thread.
I fear some readers, seeing these remarks, may well have essentially consigned the product – and my trial of it – to the dustbin. But my testing is ongoing and I intend to see it through to the end so that the results can speak for themselves.
A quick recap then: FBA is a new service from the guys behind Pre-Match Trading, In-Play Trading and a whole family of other betting products, several of which have done pretty well in trials here at Lay Back.
I have been testing for three months, during which, almost inevitably given that this is sports betting, I’ve experienced boths ups and downs.
So… would FBA return to form in month #3 or would there be further setbacks along the way?
(If however, you’re totally new to FBA and need more background before reading the rest of this report, I suggest you first read Lucy’s introductory article and my previous progress reports before continuing).
It’s actually been a pretty positive month for the service.
The top-level performance statistics are as follows:
|Football Betting Alerts – Month 3|
|Month 3 Combined Profit (All 3 Methods)||£189.40|
|Method 1 – LCS Monthly Profit||£278.16|
|Method 2 – LTD Monthly Profit||-£88.76|
|Method 3 – HT LTD Monthly Profit||£0.00|
|Brought Forward Profit from Months 1 & 2||£119.40|
|Whole Trial Net Profit (£)||£308.80|
|Whole Trial Net Profit (Pts.)||30.88|
As you can see the overall profit has risen from £119.40 last month to £308.80, an increase of £189.40 after Betfair commission to £10 stakes.
Without the LTD bets, the monthly profit would have been £278, which inevitably make you wonder whether to bother with them at all (You can see why I don’t have a decision to make about this in the Summary section below). In any event, I think it’s fair to say that FBA has had a good month overall.
If only the LCS picks had been bet on, the results would have been even better. Interestingly, if you look at the previous two months, each of those would have been profitable as well, if only LCS bets had been entered.
You can get hold of the complete results log for month #3 by clicking here.
The service is performing a lot better in my trial than many of the naysayers would have you believe.
However, the monthly subscription charge is £79, so this does need to be taken into account when looking at what profit is made.
My concern is that FBA was supposed to have been tested extensively, so it seems odd that, three months or so after its release, the supplier has effectively admitted that there is an issue with the LTD picks and that that they will be concentrating only on LCS bets for a while.
That, and the withdrawal of the HT LTD tips after disastrous results last month, makes me wonder just how rigorous the testing really was.
There are one or two other gripes as well.
- A few times, the game times that were published were out by one hour which meant I missed putting bets on.
- Also, the general administration has sometimes been of poor quality. I recently received a message to say that now the admins were back from holiday this would be addressed. But for a supposedly professional service charging a very large subscription, I think the absence of administrators for whatever reason should not impact on the service people are paying for.
I’m going to keep the trial going for at least one more month and then wrap things up for good.
May I conclude for now, however, by asking commenters to be extra-courteous this month as some of the bickering has been a bit tiresome, to say the least.
I’ll be back with my conclusion around the end of June.
Meanwhile, you can find out more about Football Betting Alerts here.