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Max Redd has been making a living betting on www.reddracing.co.uk'>horse racing for over 10 years. He runs the Redd Racing betting advisory service which offers members a FREE trial and a 60-day money-back profit guarantee. Find out more at www.reddracing.co.uk'>www.ReddRacing.co.uk


".....I write this article hoping I might at least make a few people aware of what to look out.....
.....horse racing,horse racing tips,tipster,betting,gambling,horse racing system....."


".....

I sign this article optimisticN Engraving I might at least make a few people aware of what to look out for.....
.....horse racing,horse racing tips,tipster,betting,gambling,horse racing system....."

This piece starts with an email I received not too permanentlyN Plurality ago from a new member to my racing guidance servicein the post the new lady member declaratory me how she had fallen victim to one of the oldest tipster scams around. What is more concerning, is that for the con-artists to form a series using these methods money there must be a never-ending supply of unwary people a queue to be exploited.

I record this article hopeful I might at least make a few people aware of what to look out for.

The story starts with the typical piece of junk which regularly gets posted through our letterbox. Unfortunately this type of con is all too commonplace, and in this case producing a victim of a lady with little ken of betting. As 'proof' of this guy's expertise there is a page of brilliant results, of dozens of horses winning at big prices.

Now admittedly, I myself guarantee a significant income to members of my betting service. It contains incredible promises of huge profits to be gained from following this guy's betting advice. This tipster was looking for the initial month's membership fee up front, sent to an anonymous PO Box.

So, my first piece of guidance would be 'never send a tipster any money, until you are satisfied of his credentials.' Ask for a trial week with his service before you agree to send any money. However, what I do overture any potential member is the opportunity to try my service first hand, with a free trial. This strange wish to remain incommunicado should also tell you a lot about him!

Returning to the story of our acquainted neighbourhood tipster and his glossy piece of marketing copy -- subsequently sending off a cheque for a not insignificant amount of money, the lady in question received a 'newsline' telephone number, and it was suggested she call the number every day for the tips. If he replies with a 'no' then you have not lost anything.

More oftentimes than not, you will find no way of getting hold of the tipster to put this question to him -- no email address, no telephone number, only the anonymous PO Box address. This is an oft used trick, and everyone should be very much aware of the high costs involved when calling telephone numbers pre-fixed '090' especially if they have already paid a membership fee.

After following the tips for a week or so, the results were only destitute to average, and no doubt nowhere neighboring those advertised by the convincing marketing literature.

The next piece of admonition may be a cliche, but is still holds true -- 'if it seems too service to be true, then it most in all likelihood is!'

After about a week, this lady received another letter, telling her that if she wanted to lend an ear about a 'sure-fire winner' in Australia's Melbourne Cup, then she needed to call another number. I know what you are most likely thinking, but in this case it did not circumambulate out to be a premium rate number that costs worth only knows how much to call each day. His lame excuse was that he had been so successful with his betting in the past, all the bookmakers had enclosed his accounts, and he now finds it laborious to corner bets himself.

The lady was asked to put £200 on for this tipster, and in increase whatever she could afford to wager herself. When she called she spoke to a man who explained that for her to details of the horse, she must first agree to spot some cash on it, on behalf of the tipster. In fact, she lost £300 in total.

Two things to bring to your attention here -- firstly, the tipster takes absolutely nought risk in this transaction. The racer in question, if we were to be taken in by the hype from this tipster, 'categorically could not lose'.

She placed her stock with her high street bookmaker, and I suspect you are well ahead of me and can guess exactly what happened. If it happens to win, then you will be forced into mailing the con-man his share of the profits. If the filly fails to win, then it is just you that loses money. Even more so in such a high profile race as the Melbourne Cup -- its the biggest race of the year in Australian courser racing, and each and every one of the horses will have been entered with a hazard of winning.

This kind of scam is even short of believable nowadays. Secondly, as if you didn't know, there is no such thing as a 'sure thing' in any race. Companies such as Betfair have no concern that you are a winning customer, and they will to no degree shut down your account.

Whenever you are shown a set of 'incredible' results from a tipster, the first thing you should do is ask if these results include ALL the selections given. What with the betting exchanges, the footing where various bookmakers have impermeable your bill is now outright irrelevant. This is the total we would have laid out. In other words, try and find out if the tipster trying to hide any losers which would subtract from his results? The previous parableADJ Shapeliness also applies here: can you contact the tipster, and how quickly and positively does he give his response?

If the results are in point of fact complete, then we can analyse them a bit further: spot down the total number of bets. So, you would have invested 100 points in 100 bets, which returned 203 points to make a profit of 103 points. By way of an example let's say that there are 100 bets -- you would have placed 100 points in bets.

Let's say that when you add up all the claimed winners, the returns add up to 203 points. Myself, I give myself a pat on the rear when I achieve over 130% ROI for any particular month, and more likely I will only achieve about 120% - 125%

To summarize,

1. Outstanding profits.

But now let's take a reality check! 103 points profit on an investment of 100 points gives us a render on investment of 203% This is calculated by dividing the 203 points returned, by the 100 points originally invested.

If you were to ask any professional punter, they will suggest a improvement give up is 120% -- very behalf is 130% -- and anything over 140% is at best unsustainable, and at worst an outright fabrication. You should be aware that you will be spending over £100 every month on telephone calls BEFORE you have even started to make any profit.

2. Be wary of any service that asks you to call a premium rate number for your selections. Every horse, in every race has some risk of coming first, and so you will sine die find a charger 100% certain to win.

3. Do not be fooled by someone who suggests they have a 'dead-cert' winner that cannot lose. Do not send a tipster any of your wealth until he has proven himself to you over a minute of time, or he has been recommended to you personally by a trustworthy person.

5. Never be afraid to question a tipsters results -- never in all ones born days take them at face value.

4. Does he reply to your questions promptly and credibly?

6. Be wary of any tipster who hides an anonymous PO Box number, or proves awkward to contact. Never allow yourself to be persuaded to spot a bet on behalf of a tipster. If it seems too service to be true, then it most surely is.

7. His excuse that he cannot spot bets personally does not hold water when we can now take advantage of betting exchanges, and only stock he is desirous you will take all the risk in placing his bets.

8...."

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