Created by the Betfan Group and starring Mark “Couch” Winstanley, Nigel Seeley and Jamie Banks, Betfan TV is a tipster service for a number of different sports.
What is the product?
Betfan TV is a tipster service that offers users a variety of different tips for a number of betting disciplines. Mark “Couch” Winstanley operates the horse racing side of Betfan TV where he allegedly draws heavily on his informant network which is claimed to be vast and in place at top training yards around the UK. Nigel Seeley offers tips to Betfan TV members on football with a massive variety of bets from first goal to predicting the goal outcome. Finally is Jamie Banks who seems to be relatively new to the tipster scene however he is tasked with general sports betting (with the focus having been on golf recently) so there is likely something that the Betfan team have seen. Betfan TV follows a rather odd staking plan of 4 points per bet (although I shall explore my thoughts on this later) which being a level stake plan seems pretty unique given the huge variety of odds that you will be betting against. At the time of writing there is no published strike rate however based off my calculations it is around the 50% mark which is a solid result.
What is the investment vs. the rate of return?
As with all Betfan products Betfan TV is offered on a monthly or quarterly basis. This will set you back £49 or £98 per period respectively. Because Betfan TV is a Betfan product their usual money back guarantee stands. This basically says that they do not offer refunds as a general rule however Betfan say that they will consider any requests that are submitted. In terms of the income potential of Betfan TV, at the time of writing the profit stands at 258.06 points of profit. If however you change the staking from 4 points per bet to a more usual 1 point, then profits are a much less substantial 64 points (approximately).
Does the product provide value for money?
Personally I am not certain that Betfan TV does represent value for money for reasons that I shall explore below.
On the surface of things Betfan TV looks like a solid enough product. There are plenty of big names on board, a decent strike rate and most importantly, strong profits. This is really only hypothetical however as at 4 points, people are likely to scale this down to a 1 point system (i.e. if you would usually bet £10 per point, you will scale this back so that you are technically betting £2.50 per point to bring it up to your usual betting amount). This drastically reduces the profit potential to a number that is much less impressive for £50 per month. Whilst there is still a profit to be had, I feel that there are better services out there however I also know that some people will get on board with Betfan TV just because of who is involved. If you are doing this, I would recommend weighing up all options before investing.