The Betting Slip Pay As You Win
This has got to be the fairest way ever to pay for racing tips because, the "racing tipster" (the betting slip) only makes money when, the "racing punter" (you) makes money because, the racing punter only ever pays the racing tipster out of the bookies money and never out of his own money.
How Pay As You Win Works
- The Betting Slip sends your Pay As You Win tips by eMail the night before the race.
- When the last tip has run and all results and SP's are known, we calculate the profit you have made to a level 1pt stake. We charge you £3 for every point profit you have made. e,g. We send you 4 tips and 2 win at 3/1 each and you place a £100 win bet on each, your "outlay" would be £400 (4x£100) and your "return" would be £800 that means you have made £400 profit or 4pts, we would then send you an invoice by eMail for £12 (4x£3)
- If, out of the 4 tips we sent you only 1 wins at 3/1 and your stake is the same as before your "outlay" would be £400 (4x£100) and your "return" would be £400 that means you have made £0 profit or 0pts in which case we wouldn't charge anything as you haven't made a profit. You only pay when you win.
- If your profit is 0.49pts or below there is no charge, if it's 0.50 or above (but not a full point) we will charge as 1pt. We will "round" up or down to the nearest full point.
- Once the invoice has been paid online or there is no charge we send you our next days tips. Simple. (Please note; We will not send anymore tips until the previous invoice has been paid.)
- Remember, with Pay As You Win we don't charge for winners, we only charge for profit. No profit = No Charge.
Compare this to some Pay As You Win racing tipsters and they charge you odds to £20 so you're paying from the start. In the scenario above, where we would charge you a TOTAL of £12 they would charge you £120. In the second example where you don't make a profit we would charge you £0 and they would charge you £60, you decide which is the best bet.
We recommend you never place a bet on a horse with an BSP (Betfair Starting Price) of less than 2.5.
While we do our best not to tip a horse that is likely to start at less than that price, markets change and sometimes the BSP is shorter than our calculated “tissue prices” and in that event we will regard any such horse as a NON RUNNER whether it wins or loses.
This is IMPORTANT to note as if it wins we will NOT ADD it to total profit, neither will we SUBTRACT it from total profit should it lose.
Administration and Verification
In order to make sure we are dealing with bona fide customers and to obtain a valid eMail address to which we can send your tips and invoices we require you to subscribe to our Pay As You Win service by clicking on the button below. You will be charged £5 which will be refunded of your first invoice. e.g. If you first invoice is £5 after the refund it will be £0
This £5 charge will occur annually to ensure the account is still open and will always be refunded off the next invoice.
If you have any questions about the Pay As You Win service eMail us at payw@thebettingslip.co.uk
You may unsubscribe from this service at anytime by clicking on the button above.