Created by Simon Holden and offered as a part of the Betfan stable of tipsters, Stableline Gold is a horse racing service that was Betfan’s 3rd most profitable for 2014.
What is the product?
Stableline Gold is a pretty long standing tipster service (since late 2012) that last year was one of Betfan’s best performing service. With that in mind I expected Stableline Gold to deliver an exceptional service. Creator Simon Holden says that his service is built around an extensive contact network that involves people “in the centre of each training centre” with top trainers in distinguished locations like Lambourn, Newmarket and Epsom, all of whom report directly to him, a claim that I am naturally sceptical of, namely due to a lack of substantial evidence. The statistics for Stableline Gold are slightly more promising initially with a strike rate of 30.09% for January which I would probably call above average. Selections are not a daily thing with Stableline Gold which is not a bad thing when you look at the staking system which involves level stakes of 10 points each, an amount that I found to be worryingly high.
What is the investment vs. the rate of return?
Strangely, Stableline Gold does not offer a monthly option with Simon Holden choosing to instead offer a quarterly six monthly or annual subscription only (Bronze, Silver and Gold) which start at £247 for the 3 month option, £397 for 6 months and £597 for 12. It is worth noting that the 12 month option is only available once you click for a 3 or 6 month option in an oddly shallow sales funnel. There is no money back guarantee offered typically however Betfan do say that they will review requests. In terms of income, Stableline Gold made just 130.47 in 2014 which I feel is made considerably less “impressive” when you consider that this is based on 10 point stakes which means realistically that you are looking at 13 points if you were using 1 point stakes. This wasn’t helped by 2 massive dips, one of which halved the profits in a single day.
Does the product provide value for money?
Given the less than stellar results for 2014, I don’t feel that Stableline Gold does represent value for money.
Stableline Gold was not amazing over 2013 but it certainly did better than 2014. Give nthat this year has opened on a small loss to date, it doesn’t look particularly promising for the future either. Given the fact that Simon Holden doesn’t really substantiate his rather extravagant claims either, there is only what I perceive to be further questions surrounding how profitable Stableline Gold can be in the long run. Really it boils down to the biggest issue with Stableline Gold which is the staking. At 10 points a go I don’t see how there is really much room for profit in the service, especially not when you consider the almost ludicrous costs involved in subscribing to the service. Personally I would avoid Stableline Gold in favour of one of the many other tipster services that should prove more profitable for less.