FormHorse Select Review: BSP Horse Racing Tips

Written by Laura Greve

Horse racing as speed with jockey in white and red

FormHorse Select is a new horse racing tipping service that recently won the On Course Profits tipster competition.

The service is run by Paul, whose selections were published daily ahead of the day's races and proofed to their members throughout the trial.

During the competition period, Paul recorded:

  • 91 selections
  • 68 winners (a 63% strike rate)
  • 184 points staked
  • 51.91 points profit at Betfair SP (after 2% commission)
  • £519 profit at £10 level stakes

Following the competition win, Paul officially launched his service. He is now up to a total profit of 79.59 points at an ROI of 22.61%.

He offers his daily tips around 12:30pm each day by email and via the members area.

Results are recorded at Betfair Starting Price, so everything is tracked transparently without relying on boosted bookie odds or early prices.

Click here for more details on FormHorse Select



Month One Update

It was a tough start to my FormHorse Select review with 4.3 points lost at Betfair SP.

On a positive note, I found that there was a lot to like about the service. It had been easy to follow, since all bets were to be placed at Betfair. 

There was often a short summary to explain why each horse had been picked, which I liked, as it showed that some research had gone into the tips.

Also, the advised stakes varied and it seemed like some thought had gone into the process. 

Key Stats

BSP (2% commission)
Number of Bets23
Total Stakes (pts)42.00
Profit/Loss (pts)-4.3
Profit/Loss (£10 stakes)-£43.00
Strike Rate47.8%
ROI-10.2%
Overall Bank Growth-4.3%
Bank (100pt starting)95.70

Results

DateRaceBetStakeBSP OddsP/LBank
19/11/202514:45 Ffos LasEl Bandido Pancho (Place)1.251.640.78100.78
19/11/202514:45 Ffos LasEl Bandido Pancho (Win)1.002.74-1.0099.78
21/11/202513:25 AscotLucky Place (Win)3.001.54-3.0096.78
23/11/202512:30 CorkSortudo (Win)2.501.671.6498.43
25/11/202520:00 WolverhamptonNight Storm (Win)2.251.982.16100.59
26/11/202514:09 WetherbyOnewaywest (Win)2.251.631.39101.98
29/11/202513:05  NewburyKalkbrenner (Place)1.501.470.69102.67
29/11/202513:05  NewburyKalkbrenner (Win)1.003.00-1.00101.67
01/12/202520:30 WolverhamptonDingwall (Win)2.252.57-2.2599.42
03/12/202520:10 KemptonWyld Bill (Win)2.502.243.04102.45
04/12/202514:10 Wincanton Final Straw (Win)2.253.01-2.25100.20
07/12/202512:55 KelsoLa Zoubida (Win)2.002.102.16102.36
08/12/202517:30 WolverhamptonMersea Island (Win)2.501.751.84104.20
09/12/202518:00 NewcastleConcert Boy (Place)2.251.370.82105.01
09/12/202518:00 NewcastleConcert Boy (Win)0.752.951.43106.45
11/12/202515:35 TauntonHardy Buck (Place)2.251.51-2.25104.20
11/12/202515:35 TauntonHardy Buck (Win)0.754.27-0.75103.45
13/12/202512:10 CheltenhamOne Horse Town (Win)2.001.73-2.00101.45
15/12/202513:30 PlumptonManigod (Place)1.501.340.50101.95
15/12/202513:30 PlumptonManigod (Win)1.002.47-1.00100.95
17/12/202515:20  LingfieldVillalobos (Place)1.751.37-1.7599.20
17/12/202515:20  LingfieldVillalobos (Win)1.252.82-1.2597.95
17/12/202514:10  Lingfield Mersea Island2.252.00-2.2595.70

Although I quite liked the way the service was run, long-term profit was always going to be key. I hoped to see things turn around for the next update.


Review Summary

Since my first update, the service has gone on to lose a further 10.49 points, which brings my total loss to 14.79 points.

It's a short review period, since we are working to conclude reviews and wind the review site down. It's not a long enough period of time to make any kind of judgement on the service.

Despite poor results recently, the service is still showing decent results overall, with 61.79 points profit at an ROI of 14.5% at Betfair SP.

I have marked it down as a "Neutral", but there's every chance the service could recover from this downturn.

Click here for more details on FormHorse Select

  • 2 weeks on from the last day quoted & it’s much worse.

    One winner from the last FOURTEEN. At odds less than 2/1 you’d be able to do better than that with a list of all the horses running at that price & a dart.

    Plus, using the actual recommended staking plan the losses are huge. Your level stakes figures are obscuring the misery of it all. My bank is in complete ruin. From here it would take a winning run lasting weeks just to break even.

    “Competition Winner” 70% of the time just means “got lucky for a while” I imagine they’ll be quietly dumping this one shortly.

    • Hi, Thanks for your feedback. Just to clarify, I haven’t used level stakes in my results – I have recorded all bets using the advised stakes in the emails. I’ll be tracking results for a few more months yet before making any judgement.

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    Laura Greve

    About Laura

    I have been running the 'Betting System Review' part of Goal Profits since 2015. I carry out fully independent reviews of betting and trading systems, tracking results and giving my honest feedback.

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