SVB Tips Review

After some promising looking results at the bookies, I extended my trial of SVB Tips beyond the Betfair Exchange test that David had been running.

The results for the third month of the trial proved to be just as good as the previous two months, with £340.63 profit at the prices I could find available.

This leads me on to a very important point, and that is that the prices are hard to find a lot of the time.

I made £114.87 less than the results reported on Tipstrr and that was because the odds had been cut seconds after the tips were released.

The times that the prices were available, they were mostly only available at Betfair Sportsbook. It seems as though they had been priced incorrectly. That, and the fact that many of them were for football teams or leagues I had never heard of, would soon flag your account up to the traders and then that would be the end of that!

Click here to view my results log.

Summary

This is one of those strange and rare occasions that I am not going to give a pass to a service that has made a profit.

I just feel that the majority of people wouldn't be able to make a profit in the long-term due to the prices not being available or being difficult to match.

I will however give it a neutral rating, as it may still be worth a look even if you could only make a percentage of the reported profit.

Update Two: 6th November 2023

It is the same story this month with David's trial of SVB Tips. While results at the bookies look good, with 27.2 pts profit, results at Betfair continue to be poor.

We have both come to the decision that it is not worth continuing the trial at Betfair, as it is just impossible to get anywhere near the advised prices on there.

Here are David's notes on his experience using the service:

"Once again, SVB’s own recorded results are good, but my problem of generally not being able to match their odds on the exchange continued so, again, I showed a slight loss for the month – as well as overall.

SVB are haphazard with issuing their tips and you have to watch out because, on several occasions, my email gave me less than an hour’s notice of a tip. So the system may be better for full-time bettors who have their laptops or mobiles constantly open for tips.

On the other hand, they also issue tips for a day or more hence. Tipsters usually only do this to take advantage of an expected deep fall in odds, but in SVB’s case this doesn’t seem to be so. The result is unnecessarily complicated record keeping. Anyway, tips issued a day or more in advance is no good for exchange users, due to lack of liquidity.

They used to have a problem with giving the correct start time of an event, but they now seem to have cured this. Although, on one occasion, a tip was given a time of midday the next day when it should have been for the previous midnight. Result – one tip missed."

Click here to view my results log.

Summary

With results at the bookies looking so positive, I am going to continue this trial myself to see what sort of results it's possible to get outside of Betfair. 

I am going to be checking what odds are available so that you can compare my results with the official service results.

My next update will be in January.

Update One: 6th November 2023

It has been a difficult first month for David in the first month of his trial of SVB Tips, as he has struggled to get the advised prices in his Betfair Exchange test.

Betting at the regular bookmakers tells a different story, with 23.56 pts profit and a 15.4% ROI.

It would seem that these bets have been mis-priced by 1 or 2 bookmakers and the tipster is taking advantage of that.

Here is what David had to say:

"I am quite concerned that, generally, I could not match SVB’s odds for its football tips on Betfair, and this shows in the results. This is unusual because, generally with football tipsters, I find that I the odds I get on Betfair Exchange are, there or thereabouts, those given by the tipster. 

I tried placing the bet as soon as I received the email from Tipstrr but this made no difference – the odds had still dropped, at times by quite a lot.

This of course may be a glitch because it is only based on around 100 bets. We’ll find out as the test progresses. I abstracted the horse tips to see if the same applied there, but there was only a 5% difference between my results and those of SVB Tips, which is very acceptable.

SVB also boosts its recorded results on horse racing by claiming BOG, and this is not my experience with most tipsters."

Click here to view my results log.

Summary

It already seems that this service isn't going to work using Betfair looking at the contrast in results so far. It is still early days though, so let's see how it goes.

David will be sending an update over to me early next month, so be sure to check back then!

Introduction: 11th October 2023

SVB Tips has been around on the Tipstrr betting platform for almost five years and has made a total cumulative profit of £15,057 to £10 stakes.

They are quite different to most of the other tips services on the site, as they are a multi-sports tipster covering football, horse racing, tennis, e-sports, darts and basketball.

Football and horse racing are the most popular, making up the bulk of the tips sent out.

Over the last twelve months, they have achieved 10 out of 12 months of profit.

Here's a breakdown of the statistics for the service to date for the last twelve months:

David is going to be taking this trial on, so there will be results at the Betfair odds to compare with.

I look forward to seeing how he gets on with it.