Golf Bet Gold Review: Betting Tips

We’ve been reviewing Golf Bet Gold over the last three months and after the downturn we experienced in our last update, the service has now taken a big step in the other direction. In month three there were 12 winning bets, which is twice as many as last month, but the real game changer was a winning double that paid out a whopping 226.25 points.

Overall using the advised stakes we made a total profit of 259.62 points with an ROI of 52.6% at the odds obtained. We started with a bank of 350 points and it has now increased by 74% to 609.62 points.

Using flat 1 point stakes would have boosted the profit to 599.88 points with an ROI of 280.3%.

The service is from the Bet Fan network and is run by an anonymous tipster who had been betting professionally on golf for the last 15 years.

The results posted on the website show the service has racked up a profit of 510.34 points this year to date, with an overall profit of 1133.96 since launching in 2014.

The bets are sent out weekly, usually on a Tuesday, so there’s plenty of time to get bets on. We had no problems getting the advised odds – in fact we made an extra 5.42 points compared to the results posted on the website.

The majority of the bets are each-way, with the occasional win bet on lower odds players. The service covers both USA and European tours throughout the year.

The tipster uses a staking plan based that adjusts the stakes based on what the odds are. For example, one of the bets was at high odds of 151.00 and the stake was set at 0.26 points each way.

There are two pricing options - £50 per month or £75 quarterly which works out at £25 per month.

Summary

The main thing to be aware of with this service is it is high variance and has a low strike rate, so it is not going to suit everyone. This is nature of most golf betting services due to the high odds on players to win tournaments. During our review the longest losing streak was 23 bets.

This service has been making profits over the long term, but you do need to have the patience to ride out the losing periods and wait for bets to come in at juicy odds.

Going by the results so far, betting at just £2.00 per point would still have made almost £800 profit after subtracting membership fees this year to date.

Golf Bet Gold gets our stamp of approval with a rating of 4 out of 5 stars.

Golf Bet Gold Review: Update Two

22nd August 2016

We have now completed two months of our review of Golf Bet Gold and after a positive start last month, we are now encountering some of the variance that we were expecting.

Despite the service hitting some very nice winners this month, such as Ariya Jutanugarn winning the Women’s British Open at 20/1, Justin Rose winning the Olympic Mens at 12/1 and Ryan Moore winning the John Deere Classic at 25/1, we still finished up with a total loss of 43 points at the available odds.

This now leaves us with an overall loss of 30.06 points since the beginning of the trial.

There were just 6 winning bets from 72 to give a strike rate of 8.3%. A lot of the short priced selections were losing us 5 points at a time, so it was hard to keep afloat.

It’s always going to be a long-term game betting on golf, so we will carry on following the tips until we can make a fair decision on the service.

We’ll be back next month with our next set of results.

Golf Bet Gold Review: Update One

20th July 2016

It’s been a positive start in our review of Golf Bet Gold with a profit of 12.94 points and an ROI of 8.5% at the odds that we were able to obtain. At the advised odds the service made 6.94 points profit, so it’s great that we were able to make almost double that.

The two highlights of the month were Dustin Johnson winning the US Open and netting us 42.00 points and more recently Phil Mickelson finishing as Top American to give us 35.00 points profit.

There has been no trouble getting the required odds with the tips being released well ahead of the start of the tournaments.

Sometimes we have had between 15-20 bets received in a week and it can take some time putting them all on, but on the flipside it does there’s more chance of hitting a winner by including more selections in the outright market. The stakes are adjusted so that high odds selections will use a lower stake and the shorter odds tips will use a higher stake up to a maximum of 5 points.

So far it is looking promising for this service, but Golf tipping services are known to encounter a lot of variance so we we will see how it goes in the coming months.

We’ll be back next month with our next set of results.

Golf Bet Gold Review: Introduction

6th June 2016

With the Golf season in full swing it is a great time to start a review of a Golf tipping service. Golf Bet Gold is a service from the Bet Fan network, although the actual tipster appears to be anonymous. Whoever it is behind the tips claims to have 15 years of analysing golf data and during this time has made a good living from betting on the sport. He/she has an impressive record, backing the winner in 8 out of 12 of the last majors and 10 winners from the USPGA tour in 11 weeks.

The tips have been proofed since June 2014 and to date have made 823.59 points profit, which is an average of 34 points profit per month. The full results are available to view on the Bet Fan website.

The tips include both Win and Each Way bets and usually advise backing between 5-15 players in each tournament. They are sent out once a week on a Tuesday or Wednesday and will cover both USPGA and European tours.

A large starting bank of 350 points is recommended and each tip has the recommended stake and odds advised. For each tournament there could be up to 25 points staked and with 2 tournaments per week this means up to a possible 50 points staked per week.

There are two pricing options – £50.00 per month or £75.00 per quarter.

We’ll be trialing the service over the next three months and will report back next month with our first set of results.