Value Backing is a horse racing tipping service which focuses on value tips for big races.
The standard VB selections claimed some impressive profits during 2012-2014. From 345 selections they generated a profit of 148.22pts with a huge ROI of 42.17%
Value Backing is brought to you by Carl Nicholson, a Harvard University graduate with a degree in Mathematics and Computer Science. He started out in the horseracing industry working for the Daily Racing Form in the USA.
The selections are emailed out in the morning along with the advised odds. On average there are only of 8-10 bets per month and they are generally priced at long odds. They are a mixture of win and sometimes each-way bets for the bigger prices.
We would expect to see some long losing streaks, but Carl only needs a low strike rate to be able to make a profit.
We tracked results for four months and started with the standard 100pt bank with 1% stake per bet.
Before you continue...
Our Value Backing review ended with a neutral rating.
Please feel free to continue reading the full review below, though we recommend checking out some of the betting system reviews which ended in a pass instead. There's a small selection below or you can click here for the full list.
Month One Results
Our first month ended with a small loss of 3 points. We also recorded the results at Betfair SP, which showed a loss of -7.85pts.
Key Stats
| VB Main | VB Extra | Overall | |
| Number of Bets | 14 | 4 | 18 |
| Profit/Loss (pts) | +1.00 | -4.00 | -3.00 |
| Average Odds | 12.11 | 21.75 | 14.25 |
| Strike Rate | 7.1% | 0.0% | 5.56% |
| ROI | 7.1% | -100% | -16.7% |
| Bank | 97.0 |
Results
| Date | Course | Time | Selection | Stake | Odds | P/L | Running Total |
|---|---|---|---|---|---|---|---|
| 07/11/15 | Doncaster | 13:50 | Withernsea | 1.00 | 15.00 | 14.00 | 14.00 |
| 07/11/15 | Wincanton | 15:15 | Francis Of Assisi | 1.00 | 7.50 | -1.00 | 13.00 |
| 13/11/15 | Cheltenham | 13:05 | The Clock Leary | 1.00 | 13.00 | -1.00 | 12.00 |
| 13/11/15 | Cheltenham | 14:50 | Any Currency | 1.00 | 9.00 | -1.00 | 11.00 |
| 14/11/15 | Cheltenham | 13:50 | Spring Heeled | 1.00 | 15.00 | -1.00 | 10.00 |
| 14/11/15 | Cheltenham | 15:00 | Morito Du Berlais | 1.00 | 17.00 | -1.00 | 9.00 |
| 21/11/15 | Haydock | 14:25 | Shantou Bob | 1.00 | 7.00 | -1.00 | 8.00 |
| 21/11/15 | Haydock | 14:25 | Low Key e/w | 1.00 | 26.00 | -1.00 | 7.00 |
| 28/11/15 | Newcastle | 14:05 | Beltor | 1.00 | 10.00 | -1.00 | 6.00 |
| 28/11/15 | Newcastle | 14:40 | Virak | 1.00 | 8.00 | -1.00 | 5.00 |
| 05/12/15 | Aintree | 13:40 | Soll | 1.00 | 12.00 | -1.00 | 4.00 |
| 05/12/15 | Aintree | 13:40 | Thunder and Roses | 1.00 | 10.00 | -1.00 | 3.00 |
| 05/12/15 | Sandown | 14:25 | Vicenzo Mio | 1.00 | 7.00 | -1.00 | 2.00 |
| 05/12/15 | Sandown | 15:35 | Just A Par | 1.00 | 13.00 | -1.00 | 1.00 |
| VB Extra Results | |||||||
| Date | Course | Time | Selection | Stake | Odds | P/L | Running Total |
| 15/11/15 | Cheltenham | 15:15 | Jansboy e/w | 1.00 | 34.00 | -1.00 | -1.00 |
| 22/11/15 | Uttoxeter | 14:50 | Ravens Brook | 1.00 | 11.00 | -1.00 | -2.00 |
| 26/11/15 | Taunton | 16:00 | Double Accord | 1.00 | 8.00 | -1.00 | -3.00 |
| 27/11/15 | Newbury | 13:30 | Gevrey Chambertin e/w | 1.00 | 34.00 | -1.00 | -4.00 |
Month Two Results
We completed the second month of our Value Backing review and banked a small 2.6pts profit with ROI of 14.4%. At Betfair SP the service made a profit of 4.37 points.
Key Stats
| VB Main | VB Extra | Overall | |
| Number of Bets | 10 | 8 | 18 |
| Profit/Loss (pts) | 5.50 | -2.90 | 2.6 |
| Average Odds | 11.20 | 13.0 | 12.0 |
| Strike Rate | 20% | 25% | 22.2% |
| ROI | 55% | -36.3% | 14.4% |
| Bank | 99.6 |
Results
| Date | Course | Time | Selection | Stake | Odds | P/L | Running Total |
|---|---|---|---|---|---|---|---|
| 12/12/15 | Cheltenham | 15:35 | Blue Buttons | 1.00 | 7.00 | -1.00 | 0.00 |
| 19/12/15 | Ascot | 15:00 | Gullinbursti | 1.00 | 17.00 | -1.00 | -1.00 |
| 19/12/15 | Ascot | 15:35 | Jollys Cracked It | 1.00 | 8.00 | 7.00 | 6.00 |
| 26/12/15 | Kempton | 13:25 | Sirabad | 1.00 | 6.00 | -1.00 | 5.00 |
| 27/12/15 | Kempton | 14:35 | The Last Samuri | 1.00 | 7.50 | 6.50 | 11.50 |
| 01/01/16 | Cheltenham | 13:55 | Tenor Nivernais | 1.00 | 7.50 | -1.00 | 10.50 |
| 01/01/16 | Cheltenham | 14:30 | Sybarite | 1.00 | 29.00 | -1.00 | 9.50 |
| 01/01/16 | Musselburgh | 13:35 | Quito Du Tresor | 1.00 | 13.00 | -1.00 | 8.50 |
| 01/01/16 | Musselburgh | 14:10 | Strongpoint | 1.00 | 9.00 | -1.00 | 7.50 |
| 02/01/16 | Sandown | 13:50 | Just Cameron | 1.00 | 8.00 | -1.00 | 6.50 |
| Date | Course | Time | Selection | Stake | Odds | P/L | Running Total |
| 11/12/15 | Doncaster | 12:45 | Park Place | 1.00 | 9.00 | -1.00 | -5.00 |
| 11/12/15 | Doncaster | 15:30 | Hidden Justice | 1.00 | 13.00 | -1.00 | -6.00 |
| 16/12/15 | Newbury | 12:40 | Minella On Line | 1.00 | 12.00 | -1.00 | -7.00 |
| 16/12/15 | Ludlow | 14:40 | Red Devil Lads | 1.00 | 9.00 | -1.00 | -8.00 |
| 17/12/15 | Towcester | 15:40 | Sweetlittlekitty | 1.00 | 8.00 | -1.00 | -9.00 |
| 26/12/15 | Fontwell | 14:05 | Highsalvia Cosmos e/w | 1.00 | 17.00 | 1.10 | -7.90 |
| 05/01/16 | Southwell | 15:40 | Ciaras Cookie | 1.00 | 15.00 | -1.00 | -8.90 |
| 06/01/16 | Huntingdon | 14:40 | King Muro e/w | 1.00 | 21.00 | 2.00 | -6.90 |
Month Three Results
9 bets and 9 losses meant another dent in the bank of -14 points. An overall loss for our review of -14.4 points.
Key Stats
| VB Main | VB Extra | Overall | |
|---|---|---|---|
| Number of Bets | 9 | 15 | 24 |
| Profit/Loss (pts) | -9.00 | -5.00 | -14.00 |
| Average Odds | 13.39 | 10.83 | 11.81 |
| Strike Rate | 0.00% | 13.3% | 8.33% |
| ROI | -100% | -35.7% | -60.9% |
| Bank | 85.6 |
Results
| Date | Course | Time | Selection | Stake | Odds | P/L | Bank |
|---|---|---|---|---|---|---|---|
| 08/01/16 | Lingfield | 13:35 | First Summer | 1.00 | 13.00 | -1.00 | 5.50 |
| 09/01/16 | Chepstow | 13:45 | Portrait King e/w | 1.00 | 29.00 | -1.00 | 4.50 |
| 09/01/16 | Chepstow | 14:55 | Wizards Bridge | 1.00 | 5.00 | -1.00 | 3.50 |
| 16/01/16 | Wetherby | 14:05 | Mwaleshi | 1.00 | 7.50 | -1.00 | 2.50 |
| 16/01/16 | Warwick | 15:35 | Houblan Des Obeaux | 1.00 | 10.00 | -1.00 | 1.50 |
| 21/01/16 | Wincanton | 14:45 | Leo Luna | 1.00 | 11.00 | -1.00 | 0.50 |
| 23/01/16 | Ascot | 14:25 | Lil Rockerfeller | 1.00 | 13.00 | -1.00 | -0.50 |
| 23/01/16 | Ascot | 15:35 | Bennys Mist | 1.00 | 15.00 | -1.00 | -1.50 |
| 30/01/16 | Doncaster | 15:15 | Double Ross | 1.00 | 17.00 | -1.00 | -2.50 |
| Date | Course | Time | Selection | Stake | Odds | P/L | Bank |
| 07/01/16 | Lingfield | 15:20 | Comadoir | 1.00 | 9.00 | -1.00 | -7.90 |
| 13/01/16 | Taunton | 15:10 | The Brock Again | 1.00 | 5.50 | -1.00 | -8.90 |
| 14/01/16 | Chelmsford | 19:40 | Black Vale e/w | 1.00 | 15.00 | -1.00 | -9.90 |
| 15/01/16 | Wolverhampton | 16:45 | Oriental Realtion e/w | 1.00 | 17.00 | 1.50 | -8.40 |
| 20/01/16 | Kempton | 19:10 | Clement | 1.00 | 9.00 | -1.00 | -9.40 |
| 25/01/16 | Kempton | 15:45 | Barrakilla | 1.00 | 5.00 | -1.00 | -10.40 |
| 26/01/16 | Southwell | 14:05 | Roger Thorpe | 0.50 | 7.00 | -0.50 | -10.90 |
| 26/01/16 | Southwell | 14:05 | Excelling Oscar | 0.50 | 12.00 | -0.50 | -11.40 |
| 27/01/16 | Catterick | 16:05 | Deny | 1.00 | 10.00 | -1.00 | -12.40 |
| 28/01/16 | Warwick | 14:55 | The Boss's Dream | 1.00 | 6.50 | 5.50 | -6.90 |
| 29/01/16 | Huntingdon | 14:10 | Sonofagun | 1.00 | 7.00 | -1.00 | -7.90 |
| 02/02/16 | Southwell | 16:30 | Princess Peaches | 1.00 | 15.00 | -1.00 | -8.90 |
| 03/02/16 | Newcastle | 14:00 | Frank The Slink | 1.00 | 26.00 | -1.00 | -9.90 |
| 03/02/16 | Ludlow | 16:30 | Hill Fort | 1.00 | 11.00 | -1.00 | -10.90 |
| 05/02/16 | Catterick | 13:50 | Bennylicious | 1.00 | 8.00 | -1.00 | -11.90 |
Month Four Results
A profit to end our Value Backing review as the service banked 15.5 points to give us an overall small profit of 1.1 points.
Key Stats
| VB Main | VB Extra | Overall | |
|---|---|---|---|
| Number of Bets | 39 | 37 | 76 |
| Profit/Loss (pts) | +8.00 | -6.90 | +1.10 |
| Average Odds | 11.65 | 12.85 | 12.24 |
| Strike Rate | 12.8% | 13.5% | 13.2% |
| ROI | 20.5% | -19.2% | 1.47% |
| Bank | 101.10 |
Results
| Date | Course | Time | Selection | Stake | Odds | P/L | Bank |
|---|---|---|---|---|---|---|---|
| 06/02/16 | Sandown | 15:00 | Sadlers Encore | 1.00 | 7.50 | 6.50 | 4.00 |
| 06/02/16 | Sandown | 15:30 | Unioniste | 1.00 | 8.00 | -1.00 | 3.00 |
| 13/02/16 | Newbury | 13:50 | Sykes | 1.00 | 5.00 | -1.00 | 2.00 |
| 20/02/16 | Haydock | 14:40 | Bishops Road | 1.00 | 9.00 | 8.00 | 10.00 |
| 27/02/16 | Kempton | 15:35 | Roc D Aapsis | 1.00 | 21.00 | -1.00 | 9.00 |
| 05/03/16 | Doncaster | 15:45 | Drop Out Joe | 1.00 | 5.00 | -1.00 | 8.00 |
| 08/02/16 | Musselburgh | 15:30 | Claude Carter | 1.00 | 13.00 | -1.00 | -12.90 |
| 09/02/16 | Sedgefield | 15:25 | Heart O Annandale | 1.00 | 7.00 | -1.00 | -13.90 |
| 14/02/16 | Southwell | 15:20 | Jaarih | 1.00 | 10.00 | -1.00 | -14.90 |
| 15/02/16 | Catterick | 15:40 | Its A Mans World | 1.00 | 11.00 | -1.00 | -15.90 |
| 15/02/16 | Wolverhampton | 16:20 | Whispering Warrior | 1.00 | 10.00 | -1.00 | -16.90 |
| 16/02/16 | Southwell | 15:05 | Llewellyn | 1.00 | 12.00 | -1.00 | -17.90 |
| 16/02/16 | Ayr | 16:05 | Willie Hall | 1.00 | 13.00 | -1.00 | -18.90 |
| 17/02/16 | Musselburgh | 15:25 | Danceintothelight | 1.00 | 15.00 | 14.00 | -4.90 |
| 19/02/16 | Lingfield | 14:20 | Malaysian Boleh | 1.00 | 13.00 | -1.00 | -5.90 |
| 03/03/16 | Southwell | 13:45 | Feelin Dicky e/w | 1.00 | 17.00 | -1.00 | -6.90 |
Review Summary
Value Backing made a small overall profit of 1.1 points. Nothing to get too excited about but being as there was no overall loss, we feel the service deserves a Neutral rating.
