| Comparison : Top 10 | Back : 6 months | 3 months | 1 month | Lay : 6 months | 3 months | 1 month |
| Archive : 2006 | 2005 | Ex-Proofing | |
Tipster Proofing Explanation
How
Tipsters Proof Their Selections
Racing-Index Tipster Proofing is a totally free service. It is free for tipsters to proof and it is free for visitors wishing to see how well tipsters are performing.
Any tipster service that has a web site (with registered domain name) is welcome to proof their selections to Racing-Index. We are currently able to proof the following types of bet for races in the UK and Ireland:
- Win Only
- Each-way
- Place Only (Note results for place only bets are shown based on tote prices)
- Lay bets
Each tipster receives an ID and password, which they use to submit selections online via the special proofing area of the site. Date and time stamping is used to ensure selections are entered prior to the official start time of the race.
It is the responsibility of the individual tipster to ensure they proof selections prior to the race. We will not include any selections added after the race.
Tipsters specify the following information for each of their selections: Course, race time, horse, bet type and advised stake.
Each evening results are automatically applied to all of the selections, which then feed into the overall comparison and individual tipster tables.
If a tipster doesn't proof any selections for over a month they will be removed from the comparison tables.
How To View The Performance Tables
The initial comparison page focuses on services that have been proofing selections for at least 6 months and returned a profit during that period. It also highlights the top performing services over 3 months and 1 month periods.
When viewing performance tables it is fairly confusing to compare services who back horses to win, against those laying to lose, therefore tables are split between the two.
The top 10 performing services are highlighted for each of the periods (6, 3 and 1 months) these tables provide a link to a full list of services proofing over those periods.
The full lists are split into 3 sections. The top portion for services that have been proofing for the entire period. The 2nd section for those that started proofing during the period and the 3rd section for services that have proofed less than the minimum requirement (an average of 1 selection per week or 10 selections, whichever is the greater) for that period.
With tipsters producing different numbers of selections, using different staking levels and achieving different success rates, it's difficult to come up with a fair basis of comparison. Our solution to the problem is to use a basis, we call ESP (Estimated Staking Profit), to compare tipsters.
ESP takes into account Success Rate, Profit On Turnover and Profits to estimate the profitability of each services. For an fuller explanation see ESP Explained.
When you click through to the full comparison list you'll get the option to resort the lists in terms of Profit or POT% (Profit On Turnover) by clicking the heading at the top of the column.
The full list also gives the opportunity to vary the comparison assumptions. You can specify the date range you wish to see selections from (the proofing service launched 1st February 2005, so there's little point specifying a "From" date earlier than that). You can also see what effect varying commission would have on the Betfair SP profits.
Lay bets are shown based on Betfair SP prices and take into account 5% commission. Back bets show a comparison of SP versus Betfair SP (each-way bets assume half the stake is placed on the win market and half on the place only market). Selections prior to the launch of Betfair SP assume odds of 15% above SP, which our tests indicate reflects the increased profit achieved by betting at BSP.
Another option is to see how tipsters perform to their advised stakes. ESP isn't relevant in this situation, so instead we show the profit achieved per point stake advised. This way it takes into account the variation in stakes selected by each of the tipsters.
Show Filters
It is possible to apply extra filters to the past results, to help you find the tipster service that best suits your style of betting.
Min and Max SP can be used to specify price ranges for the bets you wish to view. For example if you don't like backing horses at OddsOn, you can select a Min SP of 1/1. Then when you click the submit button, the system will exclude any selections who's SP was less than evens and will show which tipsters have performed best excluding those bets.
When viewing selections to back you can use the Win/EW/Place check boxes to exclude certain types of bet. For example you may prefer to bet win only, if that's the case you can clear the EW and place check boxes and those types of bet will be excluded from the results.
Individual Tipster Tables
To get a real idea of how well a tipster has performed you can view the full results list of their results, by clicking on the name of the service within the comparison table. The system will remember the options and filters you've selected and apply them to the results.
Depending upon the time period you have selected and the number of selections the tipster has given out, the individual results could be spread over several pages, each of which can be viewed in turn.
This page also gives you a graph of the tipster's performance and provides a link through to their web site.
Updating Of Results
Results are usually updated by 10.30pm. If you're checking the results between then and midnight, you'll need to adjust the "To" date to include the day's selections.
There may be occasions when the tipster has forgotten to enter the selections. It's unfortunate when this happens, but to ensure the integrity of proofing we do not allow selections to be submitted after a race has been run.
We only show selections that are submitted by each of the tipster services, so if you see any discrepancies between the proofed results and the results shown on their web site, please take the matter up with the relevant tipster.
Tipster Login | Proofing Request
Proofing Explained | ESP Explained | Proofing Details
