Money Back Tips - www.moneybacktips.com

If you're thinking of signing up to the Moneybacktips web site, please read the following before you do so.

On their site Money Back Tips make extensive use of screen shots showing profits you can supposedly make following their tipping service. Now Screen shots can be a great way to illustrate a point, but unfortunately they can also be abused by unscrupulous tipsters.

MoneyBackTips registered to advertise their site via the Racing-Index sponsored ads. I noticed they'd taken copies of graphs from the Racing-Index proofing area, modified them and were passing them off on their web site, as actual profits achieved by their service.

Racing-Index wasn't going to have any part in their deception and informed them, given the way they were using the graphs to misrepresent the performance of their service, they wouldn't be allowed to advertise.

In response they denied there was any misrepresentations and stated they'd made the graphs look like the ones from the Racing-Index proofing area to make customers pay more notice, and feel more confident about using their site.

Who were they trying to kid? It wasn't rocket science to workout where the graphs had come from, but so that I could prove they were from the proofing area I decided to establish exactly which tipster's graph they'd modified. You'll see the proof in a moment.

They then decided if they changed the graphs, so as not to look like the proofing ones, they'd be allowed to advertise. Well quite frankly if they've already proved they're willing to put up false information, in order to get customers to sign up to their service, I'm not going to trust anything they say in future and under no circumstances allow them to use Racing-Index to promote their service.

Having again informed them they would not be permitted to advertise, Derek Edwards (who says he's the founder of Moneybacktips.com) response was to again claim the previous graphs were simply made to look like those from Racing-Index and that they matched their previous results. He also stated my claims about the graphs were "slanderous and mis-informed".

However when I informed Derek I knew exactly which tipster they'd taken one of the graphs from, he backed down and blamed it on his copywriter, saying it was a careless, lazy error on their part.

Well I'll show you the evidence and let you decide if it is a "careless, lazy error on their part" or a deliberate attempt to misinform visitors to their site.

The graphs MoneyBackTips now show, are no longer the ones taken from the Racing-Index proofing area, but I took a web archive of their home page, before they replaced them. See Moneybacktips.com archive (it's a large file, so may take a while to display).

I'll give my views on the new graphs they've produced, at the end of this article.

Money Back Tips produced 3 graphs on their site, which they stated showed the typical profit of their selections over the previous 2 years, at prices 10%, 20% and 60% greater than SP.

These are the 3 graphs they were showing:

If you're familiar with the Racing-Index proofing graphs you'll immediately recognise where they came from; The size is the same, the colour's the same, even the drop shadow's the same.

Differences you'll notice are the Racing-Index.com watermark's been removed (I was disappointed to find out how easy that could be done) and the titles on the axis have been changed.

To prove the graphs were definitely those from the proofing area, I'll take a closer look at the one they say shows performance at 20% above SP (as that's the one they put their own watermark on).

To see the live graph go to Tipster Proofing graph.

You'll see how remarkably similar the line on the graph is compared with that on the one modified by Moneybacktips.

This highlighted a couple of major things about what Moneybacktips had done.

• They'd taken the Laying2Profit performance figures based on SP and taking no account for commission payable on winning bets and were passing them off as their results, stating they'd taken prices 20% higher than SP.
• They'd changed the profit scale, so that instead of it going up to 50 points profit, it was indicating over 250 points profit.

Not content with that, they also adjusted the line on the chart in a few areas where performance had dropped sharply.

If we take the Laying2Profit performance line and superimpose it in red on top of the Maneybacktips 20% graph, we see the following:

This clearly demonstrates the graph they were showing on their site, had absolutely nothing to do with the past performance of their selections.

That being the case, can you trust that any of the other screen shots and testimonials shown on their site are anything more to do with them?

Well they might do, but surely if their past performance was any good, they wouldn't have to resort to producing fake graphs to prove it?

Money back tips replaced the graphs on their site with the following:

So can you believe the information shown on these graphs any more than you could on the ones we proved had nothing to do with the moneybacktips service?

Well sadly the answer to that question seems to be No.

The 3 lines are supposed to represent the same set of results, based on prices at different percentages above SP. Now if that was the case we'd expect to see the following:

• All 3 lines should go up at the same time and down at the same time, after all if it's a winning bet it should always go up and if the bet loses it will go down. The only difference should be by how much each line goes down. If you look at the right hand side of the chart you'll see that while the +10% line remains constant, the +20% line drops and then goes back up again, while the +60% line increases steadily.
• laying at 20% above SP will always give a worse return than laying at +10%. Likewise laying at 60% above SP will always be worse than +20%. Therefore you'll never get a period where +20% out performs +10%. If the graph was an accurate account of their performance it would be impossible for the green line to catch up and overtake the red line (as happens above in the period between 50 and 100 bets).

Unfortunately it's services like Money Back Tips that give tipsters a bad name. There's no regulation on the Internet to prevent them from publishing false information, so you need to be very wary of believing things you read on their site.

Before joining any tipster service always look for independent verification that profit claims are as they say they are.

For over 3 years Racing-Index has been monitoring the selections of a number of tipsters. See Tipster Proofing to see their past performance records.

Another claim made by Moneybacktips is You'll receive up to £1,000 for joining their service. According to a reveiw carried out by Betting System Reviews (who signed up to test them out) this offer was simply a guide to claim bookmakers free bet bonuses. You can get all that information for free by following the bookmaker links down the right-hand column of this page.

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