Created by Fred Barnes and marketed by Jon Owen, Freddie the Flat is a horse racing tipster service that offers selections for the flat racing season.
What is the product?
There are two very distinct things to examine when looking at Freddie the Flat to me. The first of these is what is claimed about the service which frankly, isn’t much outside of the claim that Fred Barnes has a 100/1 selection waiting for you. There is also the link between Jon Owens and Freddie the Flat. As far as Freddie the Flat goes as a service, there isn’t much to say. Selections are offered covering a number of odds with bets being made up of win bets, each way bets and various levels of accumulator. Stakes range from one point all the way up to ten points per bet depending on how certain Fred Barnes it will come in. Fred Barnes himself is claimed to be a “full time punter” and has been betting full time since 2008. The question about Jon Owens’ involvement I shall look at below but I shall say that Freddie the Flat shares a lot of similarities with his own service, Jon Owen Racing.
What is the investment vs. the rate of return?
At the time of writing Freddie the Flat is available on a free trial however based off the involvement of Jon Owen and Equine Investment Management, this is unlikely to be the case for long. Due to certain similarities that Equine Investment Management have with another company, Greentree Consultancy, my best bet is that you will either be asked to start betting on behalf of Fred Barnes/Jon Owen or told that you will have to start paying to receive selections although there is no saying that this will be. In terms of the income potential, there are no claims made and no proofing supplied, however I am not convinced that there is really much space for profits here.
Does the product provide value for money?
Despite being free (even if it is just for the interim) I don’t see much about Freddie the Flat that is worth getting excited about.
As a service, Freddie the Flat is mediocre at best. There is no evidence that it is able to actually produce a profit. There is also a staking plan that seems to be designed to chase losses. There are also the various connections between Equine Investment Management who seem to manage and advertise Freddie the Flat and another company, Greentree Consultancy that provide a very similar service under a variety of different names. Not surprisingly, Jon Owen has worked for Greentree Consultancy where he operated another tipster service. The two companies are also registered in the same town although there are slightly different postcodes and PO Boxes. Why is all of this relevant? Jon Owen’s last product was far from a success and the majority of Greentree Consultancy products have been pretty disappointing. With that in mind, it seems likely that Freddie the Flat is going to produce similar long term results and that is far from ideal. Despite being free, I would personally need to see some kind of proofing before I could consider spending a penny on Freddie the Flat.