Place Profits

Name: Place Profits

How to Contact: Keith Eckstein, Place Profits website or email: contact@placeprofits.com

Price: £9.95 per month or £24.95 per quarter

Guarantee? No

Service Summary: Email based place betting advice for horse racing. Selections derived from author’s long established ratings service and advised early morning on race day.

Bank/Staking Advice: 20 point bank advised with 1 point staking

Time Input Needed: Few minutes daily.

BBR Status: Failed

Review: As tipping services go this one follows a pretty standard format – a single tip daily advised by email with no analysis or performance review. Started last year the pre launch results were highly impressive and we had several review requests when the platform announced the commencement.

On signing up you receive simple instructions as to the operation of the service with a 175 point bank recommended and staking at 5 points per selection. (This is a clear marketing ploy as 1 point from a 25 point bank is the same principle and shows why we highlight the return on stakes invested as the prime factor to be considered). Selections are sent by email on the morning of racing and are also available via Telegram messenger group. Advised prices were based on 1 bookmaker and so often had gone by the time the email arrived.

The service name could imply that selections are going to be from the top end of the grading system but in fact the majority came from races in classes 4, 5 and 6.

After a winning start the performance here was awful. As the chart shows the trend was pretty much one way – south – and within 3 months the bank had been completely blow. Taking just 61 bets to achieve this is probably some sort of record but hardly one to highlight. The ROI at -56.69% is very telling.

The author made no reference to the performance at any time and indeed the service website still implies the service is performing well – until you look at the results.

So despite the professional operation of the service there is no alternative but to classify it as a failure.

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