December Totals

Well here is the carnage in black and white, broken down by service. What a terrible month, over a grand and a half loss. This is pretty much the worst I expected could happen in a month. The only service who held their own was Tipping Legends, turning out a decent profit for the month. Every other service made a loss in December. Although Pricewise Extra made me a profit, I did miss a number of their losing bets so the service did make a loss for December.

I can only put this down to strange results, as a number of other tipsters have also had bad months. Perhaps the weather going from very wet to very cold has affected some horses and stables. Who knows really.

Football Elite were probably due a bad month after three incredible months, so I can't really complain. Matt has demonstrated a 17% edge over the bookies over 4 years, which is enough evidence for me that his approach does work. I am not overly worried about his disappointing run in December.

I am however concerned with Steve Lewis Hamilton, who has made a substantial loss since I joined his service about 5 months ago. I wonder if Steve mainly relies on information, and when the stables he gets his info from are going well, this means big profits, but when they are off form, he has nowhere really to turn. I will be monitoring his form closely over the next couple of months.

I still have confidence in EI and HBI. The former is probably the best tipster out there, having demonstrated an edge of more than 20% over the bookies over seven years or more, which is unrivalled in tipping circles as far as I am aware. Even the great Patrick Veitch only manages 15% ROI. HBI has had nine winning months out of nine and does seem to consistently generate profit, so just a question of trying not to miss the early value on his tips as I did this month.

The jury is out on Pricewise Extra for me. Although they had a great first six months or so, I am not convinced by all of their tipsters and I think they need to show consistency over a couple of years or more for me to sure of their ability.

I suppose the only positive things I can say about things are: a) at least I made profit in November so Im not completely stuffed yet and b) turning in to the New Year, results and form may settle down now that we have had a good portion of the season.

Results by service for December:

Horse Betting Index: -£63
Equine Investments: -£391
Steve Lewis Hamilton: -£450
Pricewise Extra: £50
Tipping Legends: £488
Football Elite: -£732
Keith Elliott: -£255
Birdie Golf: -£65
Dave Tindall: -£140

TOTAL P/L FOR DECEMBER 2009: -£1558