Summary Results
Statistics of The Banker
Best Odds ROI: 36.40%
Running Best Odds Profit: +1452.35
Advised ROI: 28.86%
Running Profit: +1151.70
Running LSP (1pt Win) Profit: +1163.66
Running BSP Profit at 2% Commission: -39.44
Running BSP Profit (1pt Win) at 2% Commission: -65.36
Average Odds: 9.66
Strike Rate: 16.13%
Average Stake Size: 1.00
Detailed results available within the 'Results' tab.
About The Service
About The Banker
The Banker is a series of computational Horse Racing models, which use data to generate high and sustainable long term yields. Restrictions are the driver behind taking my statistical modelling public. With betting exchange liquidity at all-time lows and no industry-wide minimum bet guarantee, it is challenging to get my wanted stake on my selections.
Telegram Service
Selections are available through my Telegram service. All subscriptions bought through my website will be for the Telegram option. Subscriptions are available on a 1 month or 3 month basis.
Tipstrr Service
All my selections are also available through Tipstrr. This allows me to independently verify my selections but also offers people who don't have Telegram, the opportunity to subscribe:
Selection Timings
Selections used to be sent out both the night before and in the morning with an approximately 50/50 split, but from June 7th 2021, the bets are sent solely in the evening.
They are sent out around 8:15-9:30pm but will always have a warning with the specific time. No BOG will be recorded on the bets as only Bet 365 offer the promotion the night before.
Bankroll & Management
A 100pt betting balance is recommended as my average odds tend to converge around 7/1. For example, if you want to bet £10 per point, you will need to have a bankroll of £1000. Alternatively, if you want to bet £25 per point, you will need to have a bankroll of £2500 etc.
The majority of selections are 1pt, but the criteria ranges from 0.5pt-2pt of which the latter is very rare.
Selection volume will range depending on months but on average I'd expect there to be around 80 selections a month. During the summer months where racing is more plentiful, I'd expect this to increase.
Losing Runs
Given that our average odds converge to around 7/1, there will inevitably be losing runs and months. There will be variance in both directions. You may experience a nice run above expected levels but no doubt there will eventually be a reversion to the mean with periods of poor results. Alternatively, you may join and experience a poor run of results. If you can keep the faith you should eventually reap the benefits when profits revert to expected levels.
You should be prepared for losing runs and if you aren't, this service probably isn't for you.
Odds Quoting Policy
All prices will be quoted when there are generally at least three bookmakers with that price. On some occasions, I may quote two bookmakers. This is when the price is being offered by what I would call the major bookmakers, who will take bets more easily. These include Bet Victor, Bet 365, William Hill and Skybet.
Targets
Ideally, I would like to achieve 20-30pts profit a month but I think setting rigid targets in a largely stochastic process would be wrong. As many of you are aware, profit will not accumulate in a perfectly linear manner. Although we may average 20-30pts a month, there may be months that are positive and negative outliers. In terms of ROI, I would expect this to fluctuate between 20%-30%.
Profitability To BSP
I often get asked whether my selections are profitable to the Betfair Starting Price (BSP)? The selections are often subject to big price contractions which will significantly reduce BSP profits. Historically, we have made small profits to BSP but if you can bet at evening or morning prices, please do so.