Loophole Trader Review: Update One

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I am part way through my Loophole Trader review and although it has been trickier to test than I thought, one thing is clear - this system works.

My original plan for the trial was to go through the course, test the system for myself and come back to you with my results.

Unfortunately, it hasn't quite worked out the way I wanted due to the bookmakers not playing ball!

Without giving too much away, to use this system you need access to bookmakers that offer certain features such as being able to cash out bets.

Many of my accounts have been restricted and the features that I needed to test the system out weren't available to me.

However, I have been able to monitor trades that Al has been carrying out in the Telegram group and I am certain that it is a working system.

It does take time to learn what to do in various scenarios, but Al has been adding videos to the course with examples so that you know how to handle any situation.

Another thing that I realised is, you do need to have time on your hands to be able to use the system as you need to be around before each race to place bets.

In order to get some actual results for my review, I spent a whole Saturday in the Telegram chat and noted down the results for the trades.

There were 7 races that ended up meeting the criteria pre-race and I was around for 6 of them. It actually turned out to be a quieter day for a Saturday... typical, hey!?

All 6 races made a profit and had I been putting real money down, I would have made approximately £48.

There was 1 trade where riskier traders could have made an extra £13-14 too.

These results are based on £250 bets at the bookies but please note, that does not mean there was £250 at risk as it is a trade and not a straight bet.

Al has been posting the results from each trade to a spreadsheet since around about the time I started my trial and it is showing £638.29 profit currently.

Results for a more adventurous trader are showing £771.75 profit.

Out of 84 trades, there have only been 4 that lost money and it was only small amounts.

If the bookies weren't on my case, I could potentially make around an average £30 a day doing this. That's £210 tax-free profit a week!

Summary

Loophole Trader is a terrific system so long as you have working bookie accounts and it will definitely be going down as a pass.

You may be wondering why I said I am just part way through my review. The reason is, there are some bonus extras available with this system that I am really interested in.

The Betfair Only Method and The In-Play Maestro.

These two bonus strategies don't rely on having bookmaker accounts as you can use them solely on Betfair.

However, I must stress that they haven't been tested thoroughly and I would probably consider them to be in "beta". They are also quite a bit different to the main Loophole Trader system.

I am going to leave this review open for now and see how things progress with these two systems. It would be fabulous to find some working Betfair systems, so I look forward to trying them out.


Introduction: 12th July 2022

The Loophole Trader system is a low risk way to make profits from horse racing using both traditional bookmakers and Betfair.

Technically it is neither betting or trading, it is a hybrid between matched betting and trading.

There are many systems out there that are based on trading between bookmakers and Betfair, but I haven't seen anything like this one before.

The system was developed by a chap called Al Gibbs, after much head-scratching to find the right formula to make it work. He has since recorded over 300 trades resulting in more than £3,000 profit.

It doesn't have anything to do with betting each-way and it is not arbing (arbitrage betting) either. Instead it involves short priced favourites that in the right circumstance can be traded.

One point to note is that you do need access to BOG (best odds guaranteed) bookmakers to use the system.

The plus side is, I would imagine betting on horses at this price range would stay under the radar longer, especially if you spread bets around several bookmakers.

The system comes packaged as a course, as although it is a fairly simple concept, there are a few things to get your head around. For example, what to do in various scenarios and what stakes to use.

There is also Telegram group available where Al posts alerts for suitable trades.

I am going to test the system out to see how much I can make in a month. Steady profits is the aim but it's possible for outliers to bump profits up, so I will see how it goes.

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  1. The most common comment I received from those who unsubscribed after the first month was that though they believed in the system, they did not personally have the time to put into it. I understand that, and have therefore reiterated the "you need a lot of time" on the sales page as a result. Of course a few will just have seen and understood the whole system and now do it themselves, as Lucy points out.

    There were a couple who mentioned they got gubbed early by Bet365 – as expected – which is unfortunate as they do provide a lot of loophole trades, but they are by no means exclusive. In fact I didn't even know B365 would work for the process until a week in, when a user told me so. I have posted numerous viable trades from 8 different bookies in the last 2 days and never needed B365 (gubbed years ago) myself when I made my own profits last year.

    Yes, it is also boring to do yourself, there is no getting away from it, but you are rewarded with profit for so long as you have your accounts. I do not want subscribers/purchasers who proceed to complain about the tedious work you have to do, which is why I am open and upfront about it on the sales page and to anyone who makes enquiries about how much time is needed.

  2. I'd been waiting until I had some spare time to give this system a try so I'm really quite frustrated about the sudden and dramatic change to the price. It has gone from being £35 per month to a one-time fee of £100. I have tried contacting Al about the price change but it appears that he does not wish to discuss it since all my messages have gone unanswered. This is in stark contrast to the rapid response I got when I enquired about the system itself. The only way such a price change would make financial sense for him would be if previous customers were all cancelling their subscriptions after one or two months. Since we can assume from the positive reviews that the system does actually work, there are only a limited number of reasons why people would choose to not continue their monthly subscriptions: the most likely being that using the system caused rapid restrictions to be placed on their bookie accounts, therefore preventing any further ability to use the system. This suggests the new price of £100 is, ironically, something of a gamble since there's no knowing how much we'll be able to make before we're unable to continue. I'm really quite disappointed because I'd been looking forward to trying it but I won't be bothering anymore. It's a shame.

    1. Hey Adam. This is how I understand it – Al decided to change the price because people were signing up and realising that they didn’t really need monthly access to the Telegram group. It’s possible to find your own qualifiers so once you know how to use the system, there isn’t much point subscribing after that. For a stand-alone system it was priced too cheaply for the time he put into it and on-going support for members, in my opinion. As long as you have working bookie accounts, you can easily make back £100 and then anything else is pure profit.

      1. I'm not convinced. In my own brief correspondence with Al, a few weeks ago and before the price change, I specifically asked about the reasons for an ongoing subscription. I was told that although it was possible to find your own qualifying selections, it was intensely boring to do and would mean looking at the betting markets for roughly 9 hours a day if you were to identify all possible trades. If that's true, I find it unlikely that customers would cancel their subscription simply to save themselves £35 a month.

        I suspect the issue that the cancelling subscribers were facing was that their bookie accounts were getting restricted. It used to actually state on the Loophole Trader website that the reason Al was selling the system was because he can no longer use it with his own bookie accounts (or words to that effect.) You've just alluded to as much yourself, Amy: "As long as you have working bookie accounts, you can easily make back £100 and then anything else is pure profit." The key is that you need the working bookie accounts; you're screwed if you pay £100 and then get gubbed after your first few goes of using the system. Moreover, when you've already stated in your own review that you were unable to use the system with real money, I don't think it's reasonable to assume that others will be able to easily make back the £100 and then continue to make profit.

        I don't want to come across as too negative about this. I really don't blame Al for wanting to make more money from something he's put a lot of work into – but I'm not sure this is the best way to do it. £100 is a large chunk of money. I for one am not prepared to pay so much in one go. It's quite likely that others will feel the same.

      2. Adam, I have a single subsequent message which reads in entirety "Have you really just put the price up by 200% ?" so not sure what "all my messages" you are referring to. This question you pose that I have not answered seems rhetorical, not sure what kind of answer you expect.

        If you can not/do not wish to pay the one-off fee then that is fine, there is no more to discuss. Amy has perfectly described the situation. It is not a case of putting up the price, it's a question of selling a system for value that reflects the great deal of time I have spent creating it rather than offering ongoing tipster service. In hindsight this was not the correct model since it will actually work better for those that put in their own time with the bookmakers they still have to do the system with.

        Accounts will be gubbed, I make this abundantly clear on the sales page. However, if you can't make at least £100 before that happens if you have a few accounts in good order you would need to be exceptionally unlucky, or doing something else to make the bookies notice you. I made £3k in less than 3 months with only 3 good(ish) accounts to my name. And I'm not lucky.

        1. Hey Al,

          For the record, I sent you three messages regarding the price change: two were direct responses to the email you had previously sent me, and one was through the contact form on your sales page. I only resorted to posting on here because they all went unanswered.

          No worries though. It’s your prerogative to charge whatever you wish. I believe £100 will prove to be an error of judgement but good luck anyway.

          1. It amazes me that you feel you are in a position to correct both Amy, who has been using the method for two months, and myself of the value of the product despite not having read a single page of it.

  3. I see the pricing for this has jumped up from a monthly fee to £100 which looks like it covers the whole lot.

    I'd still be interested if the Betfair only systems work though as I'm on lookout for such a product

    1. Yes, Al figured that many people were buying the course and not staying around as subscribers, so he has changed it to a one-off fee. Personally I think it is a fair price for the amount of content and support that he offers for the system.

      I believe he was talking about having the Betfair systems available as a stand-alone at a lower price in the near future. I will be testing the In-play Maestro system out this week but I want to be sure to get enough results together for it, so bear with me please!

    1. The Betfair systems have been in a sort of “beta” phase so I was holding off for now. It looks like In-Play Maestro has had some new modules added so I will be taking a look at that soon.

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