Ultimate Betting System

Website: http://www.ultimatebettingsystem.com

Price: £97

Format: Software + System + Video

Sports: Horse Racing

Overview

Sounds cool, doesn’t it? Ultimate Betting System (UBS) is sold by Phil Moulds, a guy I have seen giving testimonials on other betting system websites. It seems to me that he is one of the “inner circle” members, connecting some UK betting system sellers who give outrageous testimonials to each other. OK, that doesn’t matter in this case…

UBS has a nice looking website with a commonly used long sales letter. The seller uses many psychological triggers to pull your attention and become your friend – yeah right!

UBS has digitally download able software system with instructions. I have to say that the software itself is very professional, and does exactly what it has to do.

There are profit charts published and few testimonials which could be fake. It also has a full video guide and two bonus selection systems included as well.

E-mail communication doesn’t exist. At least I didn’t receive any reply to my e-mails even after one week. This obviously shows how little he cares about his customers.

There is a “no questions asked” 90 day refund guarantee on the website. However, in my own experience, I didn’t get any answers to my refund requests, so actually there are no actual guarantees. If you buy UBS, you’re an idiot who does not deserve a refund.

The System

This one is easy – UBS is a progressive betting system on horse racing. Simple! They put so much effort into getting you into buying mood, but all you get is software (although a good one) which will increase your stakes after every loss (I bet you’ll get a lot of them). Oh yeah – this software will just calculate your stakes, you’ll have to place bets by yourself – either manually on Betfair or through a traditional bookie.

So, UBS software is useless. You can create a simple Excel spread sheet to do the same job without a doubt! Of course, the seller recommends that you open several bookie accounts rather just one with Betfair. Their reason – very simple – to get affiliate commissions for your registrations.

How It Works

At the time of purchase, you can buy Phil’s tips (a one time offer) to use with the software. I didn’t take that super-saver offer so I can’t judge on the quality of tips. I feel I haven’t lost anything

There’s a selection method included in the UBS package. You simply use Racing Post to make your daily selections, and then enter them into the software. UBS will then automatically calculate your stakes, based on your betting bank, horse odds, and profit target (set by you).

The selection process is very straight forward and there is no room for any mistakes. What worried me was that I got many low priced horses instead of the selections Phil uses in his examples. As you know, low prices and a progressive staking system is a bad nightmare.

Risk Level

UBS is a progressive betting system, hence you’re gambling every single day. Stress levels will reach unbelievable heights. They use a very aggressive staking plan, aiming for £50 profit every day from a bank of just £1k. The stop loss point is set at 25%, or £250. This means you need only four losing days in a row to lose your bank.

Everyone who has dealt with a progressive betting system knows that you can’t make a long-term profit unless you’re using very good, high-priced selections (value bets), set a low profit target, and safe stop-loss points. UBS is the opposite – low odds, high profit target and stop-loss points. This is one of the riskiest betting systems I have come across. Imagine – just four losing days and you’re broke.

Betting Bank

Use whatever you have. Divide your bank by 20 and that will be your daily profit target. That is, of course, if you’re out of your mind.

Results

I’m not that stupid to play with real money. I tested UBS for five days on paper. Here are my results: Four winning days (which is actually quite good), and one losing day. My overall loss was -£50 from a bank of “virtual” £1000. Good enough to stop at this point!

Conclusions

If you have a lot of money, you could spend £97 for this nice looking software. This means throwing away useless bonuses, a selection method and play around probabilities. Or you could use this system for your own selections or investment plans.

That’s a plan A.

Plan B – be smart and stay away. £97 is a lot of money for software that you could create in less than a hour with MS Excel.