Evolution of the TVB service...
TheValueBettor first appeared in the autumn of 2011...
That was via the ‘early bird’ guise - a free service, which had the objective of identifying and exploiting ricks in the early prices put up by bookmakers (similar to the current offerings of numerous industry tipsters).
Unsurprisingly, the service was profitable.
If you’ve got any idea of what you are doing, then you should be able to make a decent profit backing horses at prices the night before - but it’s not a sustainable way of operating (in fact, bookmaker accounts are unlikely to last very long at all, if you back horses the night before !).
The following season (2012-13), saw TVB produce its first subscription service.
Most (though not all) tips were issued early on race days - and the service operated every day of the week.
Profits were broadly similar to those achieved in the inaugural Early Bird season - and following the tips was a little easier (and a little less likely to result in account closures !).
This model was used for the next 3 seasons - and the results achieved were broadly similar for all 3 seasons (an ROI of around 30% on the tips).
However, it became progressively harder to tip mid-week, and attempts to continue to do so (in a way which gave people a chance of getting on), resulted in a poor set of figures for the 2016-17 season (the ROI on the tips, was just 6%).
Tips issued midweek actually recorded a loss that season - and the service was kept afloat by the performance of the weekend tips (which tend to be in bigger races, with stronger markets and less ‘plots’).
As a consequence, midweek tips were dropped for the following season (2017-18) - with the focus switching purely to ‘big races’.
This remained the case for the next 3 seasons - and the results returned to virtually their previous levels (ROI of approx 30% on the tips).
Perhaps more interestingly however, because the focus was on ‘big races’, with strong markets, the tips were also profitable at BSP.
In fact, the BSP profit numbers across the 3 seasons, were very similar to the profits at advised prices.
Last season, the tips were rebranded as 'Best bets' and were supplemented by 'Matrix' bets (which offered a fuller cover on races of interest).
The profits for the Best bets remained at over 30% at advised prices - but dropped slightly to 22% at BSP (due mainly to the popularity of the service !).
The Matrix bets achieved a profit of 15% (at advised prices), which was a little disappointing.
For the forthcoming season, the role of the Matrix bets will change, with their purpose becoming the support of the Best bets (their prime objective will be to reduce P&L volatility, rather than be profitable in their own right).
The TVB journey continues..!
That was via the ‘early bird’ guise - a free service, which had the objective of identifying and exploiting ricks in the early prices put up by bookmakers (similar to the current offerings of numerous industry tipsters).
Unsurprisingly, the service was profitable.
If you’ve got any idea of what you are doing, then you should be able to make a decent profit backing horses at prices the night before - but it’s not a sustainable way of operating (in fact, bookmaker accounts are unlikely to last very long at all, if you back horses the night before !).
The following season (2012-13), saw TVB produce its first subscription service.
Most (though not all) tips were issued early on race days - and the service operated every day of the week.
Profits were broadly similar to those achieved in the inaugural Early Bird season - and following the tips was a little easier (and a little less likely to result in account closures !).
This model was used for the next 3 seasons - and the results achieved were broadly similar for all 3 seasons (an ROI of around 30% on the tips).
However, it became progressively harder to tip mid-week, and attempts to continue to do so (in a way which gave people a chance of getting on), resulted in a poor set of figures for the 2016-17 season (the ROI on the tips, was just 6%).
Tips issued midweek actually recorded a loss that season - and the service was kept afloat by the performance of the weekend tips (which tend to be in bigger races, with stronger markets and less ‘plots’).
As a consequence, midweek tips were dropped for the following season (2017-18) - with the focus switching purely to ‘big races’.
This remained the case for the next 3 seasons - and the results returned to virtually their previous levels (ROI of approx 30% on the tips).
Perhaps more interestingly however, because the focus was on ‘big races’, with strong markets, the tips were also profitable at BSP.
In fact, the BSP profit numbers across the 3 seasons, were very similar to the profits at advised prices.
Last season, the tips were rebranded as 'Best bets' and were supplemented by 'Matrix' bets (which offered a fuller cover on races of interest).
The profits for the Best bets remained at over 30% at advised prices - but dropped slightly to 22% at BSP (due mainly to the popularity of the service !).
The Matrix bets achieved a profit of 15% (at advised prices), which was a little disappointing.
For the forthcoming season, the role of the Matrix bets will change, with their purpose becoming the support of the Best bets (their prime objective will be to reduce P&L volatility, rather than be profitable in their own right).
The TVB journey continues..!