The New 2 Minute Trader System
The 2 Minute Trader Plus System Review
Price: £34.95 Per Month
I have been testing this newly launched 2 (Two) Minute Trader System and the results have been interesting. All details below. It does take longer than 2 minutes per day, and is fairly expensive, but you can read the indepth review on this page.00000
As I have reviewed a few of Tim Lowe’s Products, plus I was recently asked if I would trial The 2 (Two) Minute Trader System, which is the latest product to hit the market by Waverley Media. As honoured as I always am to trial a new system, and as this new product is covering the Betfair exchange, I was also eager to see if there really was anything new being presented.
As many of my readers know, I have a keen interest in anything that claims to make a profit from the betting exchanges, whether they be betting systems, or contain a little more trading criteria in the methodology.
- 1 Please note, that I am NOT recommending the new 2 Minute Trader Plus
- 2 What Is The 2 (Two) Minute Trader System?
- 3 The Traders Membership Area
- 4 How The 2 Minute Trader System Works
- 5 The Trader System Calculator
- 6 An Example of a Trade
- 7 Where Do I Make The Profit?
- 8 Trader System Selections
- 9 How Much Money Can I Make?
- 10 Trading Profit and Loss
- 11 How Much Time Do I Need?
- 12 Are There Any Downsides?
- 13 The Upsides to 2 Minute Trader?
- 14 Main Benefits To This Trader System
- 15 Conclusion on The 2 Minute Trader System
- 16 2 Minute Trader Update – 29th September 2016
- 17 2 Minute Trader Update: £533 Profits in First Week
- 18 2 Minute Trader Update 13th Oct £721.13 Profit
- 19 2 Minute Trader Update 16th January 2017
- 20 Membership to 2 Minute Trader has now closed
- 21 2 Minute Trader Plus Launched 1st February 2017
- 22 Looking For An Alternative To Using Bookmakers?
- 23 Read My Review Click Here
- 24 Incoming search terms:
Please note, that I am NOT recommending the new 2 Minute Trader Plus
This review was for the original 2 Minute Trader Product (which has now closed), I have not tested the new £80 per month Plus version, and therefore please do not take this review as a recommendation of the latest product, it is not.
I was asked if I would test the Two Minute Trader as if I was a ‘newbie’, and to see if there was any ‘flaws’, and as I just love Betfair products, I was happy to oblige.
Let’s start the review:
Product Title: 2 Minute Trader System Plus (new Plus version not tested)
Website: www.2minutetrader.co.uk & www.2-minute-trader-plus.com
Offered By: Waverley Media
Price: £34.95 per month. (Over £400 a year) and the 2 Minute Trader Plus £80 a month (£960 a year)
What You Get:
- Membership access to the system
- Downloadable manuals
- Complete alert service on profitable trades
- Full training
- Video tutorials
- Alert service for selections
Guarantee: Full Money Back Guarantee – Cancel subsription at any time.
What Is The 2 (Two) Minute Trader System?
OK, put simply, Waverley Media claim to have produced a system that involves taking advantage of the prices the night before the betting markets have really started to gain any momentum.
By this, I mean that it is common knowledge that bookmakers are well known for making many mistakes the night before when setting their prices for the following days events, and sometimes these prices can be huge, and sometimes they simply present an opportunity to make an easy profit.
Some people who already trade or place bets will know about these advantages, but often they are not easy to spot – unless you know where to look, which I personally do 😉
I have actually tried myself in the past to try and take advantage of these pricing ‘errors’, and they are very actually easy to find if you know where to look (which is why I personally wouldn’t pay for 2 Minute Trader). Experienced gamblers reading this will probably know where to look, but if not then I am not going to divulge it here – sorry.
A few vendors have created products based on this ‘reduction of odds information’ – I know of at least 4 marketers/vendors who sell a service doing exactly that, the information is actually freely available, it is nothing new, but Waverley (and other vendors) have created a service out of it by charging for the selections, but as I say, if you know where to look they are easy to find yourself.
– This is where the 2 Minute Trader System claims to come in.
What Waverley Media have developed a selection service, courtesy of Waverley employee Lee Stuart Evans and that they claim has been working for a good while now, is a software product which will detect certain movements in the market, and these movements are based on the weight of money, together with the pricing information that the bookmakers have put up the night before – again, easy to find if you know where to look, but Waverley have automated it.
When you know where the information comes from, and I have known this for years, then you will appreciate that there is some money to be made, and people have done it for as long as early prices have been given by bookmakers.
Here is Tim Lowe and Lee Stuart Evans (the creator) explaining the system:
As stated above, I know where the information comes from, and I suspect many others will also, because there are certain websites out there that give early prices on a daily basis, so there is no real ‘prediction’ as such, what Waverley have done is created a software app that taps into this available information, and then tested if a profit can be made on an automated level.
So what the 2 Minute Trader System tries to ‘predict’, is that the horses it finds the night before will drop in price the day later; after you have already placed your bet, and thus can capitalise on the price dropping when trading the bets off through the Betfair exchange.
In theory it it does work, as stated a few times. There is no mystery to the dropping of prices on horses, but as this was an automated product being offered, it was worth testing.
The Traders Membership Area
I was granted access to the members area, and everything looked fairly straight forward, as you can see in the image below, and the message that greeted me gave a brief outline of what to expect, and the basics/mechanics of what the system offered:
The membership area contains the following content:
- Home Introductions – Welcome, and explaining what to expect.
- Instructional Manual – A written version on how to find the profits, and exactly how to execute.
- Video Tutorials – Showing trading examples, and profit opportunities, what to do, etc.
- Trading Calculator – For members to calculate their profits.
- Latest Content – This is where all the selections are posted for members to follow daily.
How The 2 Minute Trader System Works
In a nutshell, this is how it works:
- The night before the racing starts, you will be alerted to up to 6 betting opportunities that the software has picked out as selections.
- You will then be sent an alert email, or you can log into the website and see these selections.
- The selections you are given are to be backed with the bookmakers recommended for the best price possible.
- Then, then next day, hoping that the price has dropped, you will then be expected to cash out (play a lay bet) and make a profit, or take a loss, if the horse has drifted away from your original price (this can happen also).
The concept is, that the software will be finding selections that it ‘thinks’ has the best chance of dropping in price, based on in-built triggers, and filters, and therefore when you trade off the bet the next day, the price will have droppe hopefullyd, and you make the profit between the higher back bet price, and the new lower lay bet price – or if the price has gone against you, you will trade out for a loss.
The Trader System Calculator
Also in the members area is also a calculator that will calculate (of course) the exact stakes you need to place on every selection you are sent, and then you are left with no guesswork as to the profits you can make, and we all love a calculator, don’t we, it saves us from over stretching our grey matter, as much as we all pretend we never need one 😛
You would simply enter into the calculator the odds and stake you make the night before, when you are sent the selections, and then the night after, when you are alerted, you would go to the Betfair exchange, see what the price is at that particular time, enter all the details in the relevant box, including commissions, etc. and you are then presented with what the profit will be.
An Example of a Trade
In fact, I will log into the website right now, and see what selections are there for tonight, and try to give you an example.
Here is one that is on the website from tonight as I type. The following is the kind of alert you will receive by the software:
As you can see from the above image, the horse is given (Engage, at Goodwood 16:20, 21st September 2016) and the best odds being found are 4.5.
The details you are given are:
- The Horse
- The Race Course
- The Time
- The Date
- The Best Odds Found (by the software)
- Other odds found by other bookmakers (for more choice)
Now, once you have placed your bet with the bookmaker, you would wait until around 11am the next day and see if the price has dropped below your bookmaker price (for a profit), or if the price has drifted (for a loss).
The software, as mentioned, chooses horses that it’s ‘criteria‘ thinks will drop in price, and therefore can be layed off on the exchanges the next day for a profit – IF the price has dropped, not all of them do obviously, as this is trading.
Although, this can also happen earlier, and just to give you an example, that same horse, at the time of writing (I am writing this at about 1:45 am in the morning), is actually already lower on the exchanges with a lay price of 3.9, so a profit is already guaranteed on this selection, should I decide to lay that horse right now:
So already the back bet price is 4.5, and the lay bet price has dropped to 3.9, and the difference between these prices is where you will have made a profit.
Where Do I Make The Profit?
As the software is choosing horses that it thinks will drop in price, then as the price drops this gives you the perfect opportunity to lay the bet off on Betfair for a guaranteed profit, no matter who wins the race.
If you don’t know what ‘laying the bet off’ means, then on Betfair ‘laying’ means betting against something winning.
Therefore, this is the format:
- Back the horse with the bookmaker to win.
- Lay the horse on Betfair to lose.
You then make your profit between the two price points.
Example of Guaranteed Profit on This Selection:
If for example, you had placed £50 on the above horse to win at the bookmaker when the alert came through at 4.5, and then layed the bet off with Betfair at 3.9, you would have made the following guaranteed profit:
4.5 backed with the bookmaker X £50 = £175 profit should the horse win.
3.9 layed off on the Betfair exchange X £58.44 = £169.48 lost should the horse win.
The difference is a guaranteed profit of £5.52 (£175 – minus £169.48 = £5.52)
This profit is then locked in no matter who wins the race.
The system itself looks, and is relatively simple (finding drifting horses is simple), but then of course you have the software that is generating the selections for you, leaving you to focus on putting on the bets, and then collecting the profits – hopefully.
And that is just one selection a few hours from when the selection was given; the night before the race starts, when the bulk of the profits are actually made the next day, and you are actually sent an alert as to when the best time is to lay the bet off for the best profit (this does not actually seem to be the case, I was never sent such an alert, but the author does email every morning with what to do).
As you can see from the above screenshot, this particular 2 Minute Trader System selection now has a guaranteed profit no matter who wins the race.
If the horse continues to drop in price, then more profit is made, which I will check tomorrow. But, if the horse drifted, and went up in price, then a loss would be made.
Updated the day after :-
As it turned out, the horse in the screenshot and it’s odds dropped as low as 3.39 before the race had even started (I am writing this the day after) meaning even more guaranteed profit was made on that particular selection.
You can see what the odds eventually changed to here, from the Betfair Timeform website page:
Therefore by waiting until the next day, and cashing out when the software advises you to, you make even more profit than cashing out the night before, and this means the software got it right this time, that the odds would drop.
Actually, the horse came third, but it does not matter because the profit was made before the race had even started, and so by calculating the new lower odds, and waiting as the trader software advises, the profit calculator then looked like this:
And as you can also see, the profit of £14 was made before the race began as the horse lost; the profit would have made £13.99 had the horse won. And as stated there are up to 6 selections per day.
Trader System Selections
Another Example Of Trader Profits :-
After yesterday, I was just looking at the selections made tonight.
There are actually 6 selections tonight.
Again, here is an example of the selections made tonight, which are up on the website, and that will have been emailed to members:
I must admit, that when I first started testing this new trader system I did trade out (cash out) a few times a few hours after the selections were emailed to me, just to ensure that all was working as it should, and because I was a little eager to make the first profits. Not all the prices will drop, and they actually advise you not to cash out the night before as they feel it upsets the process, with liquidity, etc.
I like to see profit in the Betfair account, hence initially trading out early; but I have since learned to wait until the next day because the profits definitely increase.
I am not quite sure what filters the software is looking for when choosing it’s selections (other than the reducing of odds), and how it predicts which horses will go down in price, and therefore make a profit, but it does seems to have a decent enough hit rate so far.
What if the price goes up, instead of down?
Now that, is an excellent question if I do say so myself, even though I asked it myself 😛
The 2 minute Trader System has a feature built into the methodology that even allows for if the price moves against you, and I don’t think it would be fair to put it here, but it is taught in the manuals, and the videos, and can make you a profit even when you don’t expect to, it is one of the key features of the system.
Now I must point out that this does NOT always happen, as this feature is to do with BOG offers, which is Best Odds Guarantee offered by bookmakers, and not every bookmaker offers this, it is seen more of a bonus than anything else if you get this.
Sure, not every race is going to provide a profit, because as good as the software seems to be, this is trading, but without doubt the wins come, and if you look at a section of my spreadsheet, as I have been logging results during my testing, you will see some of the price differences, and wins from some of my latest results:
I must point out that results can and probably will differ to your own results, and losses can be made, as well as profits.
As you can see, my latest results, based on 8 actual trades (2 days worth of trades) have made a profit of £55.25 to £50 stakes, and £110.55 profit to £100 stakes, which I think is a decent return with 7 wins out of the last 8 trades, and as you can see from the stats below, there is an approximate 70.7% win rate.
How Much Money Can I Make?
I have asked Waverley Media to provide me with some statistics during my testing as this would help, and I am reliably informed that since April this year, the following has been achieved with the 2 Minute Trader System:
- 70.7% win rate since April
- Tested over 350+ trades
- Testing started with only £150
- Average profit per trade was over £5+ (Although I made a fair bit more than this during my testing!)
Although this does not mean that every trade made over £5, but when averaged out, it means that for every single trade placed that the software generated, an average profit was made of over £5 per trade.
During my own testing I can conclude that these statistics also seem to stack up.
So, for every bet, or trade that you place, you are looking at making around £5 profit, and there are on average around 6 selections given per night, which also seems to be in line with their suggested profits around up to £1,000 per month – all of which will be tax free – but this WILL depend on the effort you put in and the time, because this will take you longer than 2 minutes a day, that is for certain.
Trading Profit and Loss
When I test any trading, or gambling system I like to see what the market can withstand, so with the 2 Minute Trader System I was trading with £100 stakes, although you can start with less and build your way up. It is advised that you can start with as little as £150.
With a win rate of over 70%, you can quickly see why this could be a decent system, and the software seems to do a decent job to pick horses that are going to drop in price, which I think would be difficult to do manually on a consistent basis (although easily possible if you know where to look), even if you knew what the filters were, it would still be a lot of work to personally go through all the race cards every day and try to replicate what is being offered here, but it depends if you are willing to pay for a service that you could do manually, some people will, some won’t.
Turning Losses into Profits
As I mentioned earlier, there is also a unique feature of the trader system that is detailed in the manuals that explains how you can make a profit even when you lose. This can sometimes make a huge difference to the overall profit and loss for the day, and is a very nice surprise when it happens, although I will let the manuals explain what that is in more detail, but as mentioned above you are basically relying on bookmaker BOG’s to catch any losses from drifting prices, and then the bookmaker will match any price on the BSP (starting price).
It means though, that even on the losing trades, you can sometimes make an unexpected profit, and sometimes this unexpected profit is fairly substantial, albeit it does not always happen. When you read about it in the manual in more detail, you will probably be familiar with how BOG’s work, and know they can be an advantage, but when combined with how this particular trading system works, you will see that it can sometimes help with losses that can occur.
How Much Time Do I Need?
The advertising states 2 minutes, but I would say it takes more than that, and customers are saying the same.
The biggest moan I hear from people who are trying to make money from any kind of gambling product is that they ‘don’t want to be stuck at a pc screen all day’, or they ‘work during the day’, and this could be the answer to that, because the selections are given out between 6pm up to maybe 9pm at night, and you are told exactly where to go, and what prices to bet at.
Then, then next day you are also emailed with when to take the profit.
But there have already been many reports of customers stating that it is definitely taking them far longer than the 2 minutes advertised, as this is based on results the next day, and if the results do not go in your favour then you will need additional time and actions to try and limit losses. So just be aware, that if you have a day job, then chances are that you will need to take some actions during the day, and have the time out to have to check price movements.
Are There Any Downsides?
Possibly that it will take you longer than you think to realise the profits.
The following is taken from my results spreadsheet and these were the first 6 trades I placed when I started testing this new system:
And as you can see, the very first 6 trades I did whilst testing this system produced a profit of £77.14, and this was over 2 days of selections, and there are more selections now, with up to 6 per day being sent, but again these were my results during the testing phase, and your results could be different.
As I have been testing the system there are only a few downsides that I have encountered, other than the time it takes to make the profit, and the actions needed when there are losses, which will occur at some stage, as with any trading system.
If I was being ultra critical, then it would be that sometimes when the alerts are sent about the selections, the pricing can sometimes change, so this will mean that if the system has a lot of members, and chances are it will already, that if you are all placing money on the same horses, then bookmaker algorithms will ensure that prices do not stay that high for long, so you will probably have to be quick to get your trades on, and this will mean acting as soon as you get the alerts.
Plus, if the results are not positive the next day, then you definitely need additional time to try and restrict any losses on horses that have drifted against what is required. The price CAN drift against you, and when this happens losses can be made. Obviously you will not profit on all races, so it really is dependent on what happens in the markets.
The Upsides to 2 Minute Trader?
I cannot help thinking about the problems many have with matched betting as I type this, and how the 2 Minute Trader System is trying to reduce the risk against matched betting type of offers.
Many people have now tried matched betting, and it has worked amazingly well; I tried it myself and made many thousands of pounds in the process, and know very many others that have done the same, and still recommend it, but the problems are obvious for many who use it long term, and I will bullet point the problems here:
- Spurious odds usually found – Bookmakers pick up on this immediately, and ban accounts.
- Unusual bets placed – Bookmakers also pick up on this immediately, and ban accounts.
- Betting patterns – These are also easily detected by bookmakers, and you guessed it, eventual banned accounts.
Whereas with the 2 Minute Trader System, I have found that most of the time the selections made are on favourites, particular favourites that fall within the certain software criteria, and the idea is, that as you are betting on favourites this should make you look like a mug punter, whether this works long term we will have to see.
With this system you are trying to look like a normal ‘punter’ not trying to game the system, which bookmakers like – a lot. Although it is still possible to have issues with bookmaker accounts, and nobody can guarantee otherwise.
Think about it, bookmakers are really just looking for punters who bet on favourites, and lose their money, and bookmakers make money no matter who wins a race, but if you look just like a typical gambler, without any methodology behind your bets, then chances are that they will be very happy with your account, and this will increase the longevity of your profits – which is more important than anything.
Although, bookmakers are getting much more sophisticated at finding patterns, and there really are no guarantees that your account won’t some up for a review at their regular meetings when deciding which accounts to ban, so just know that there are no guarantees there.
I would even go as far as saying that the 2 Minute Trader System is a possible safe-ish option with bookmakers, and definitely safer than matched betting, but as I say, bookmakers are no fools, and they know every trick in the book, but the suggestions put in place by the system creators do seem valid.
2 Minute Trader tries to make you look like a casual gambler, which is the situation you want to be in to protect your future profits.
Main Benefits To This Trader System
- A seemingly simple system – It does seem easy to grasp but it does take longer than 2 minutes and this will depend on the actions you need to take if there are losses.
- Low cost to join – Very cheap price to join compared to some of Tim Lowe’s products. (This has now been increased on the enhanced version which now costs £80 a month, or £960 a year, which many may now consider expensive for such a product)
- Software finds all the trades, odds, and everything you need – Everything you need for the system to work is emailed to you.
- Minutes to place the bets the night before – Self explanatory, although it does take longer than this to make the profits advertised, so you will need to see if you have the time to do this.
- Minutes to cash out the bet the next day – You are also emailed when to cash out for the maximum profit – again, it does take longer than this depend on the results, but it definitely takes longer than ‘minutes a day’, and again, if you work, then you will probably have to find time during the day to check prices, and cash out of positions.
- A little safer from bookmaker restrictions – Trying to look just like a casual gambler, and not a risky customer – although there have been reports of a few banned accounts.
- Strike rate – 70%+ strike rate is excellent in any gambling, or trading system – This is based on early results from the publisher Waverley Media, longer term results may differ.
- Profits seem reasonable – a few minutes a day for up to £1K?, this will depend on results and effort, but just be aware that as mentioned it does take far longer than minutes a day.
Conclusion on The 2 Minute Trader System
The product seems to work reasonably well.
I have not tested it long term, and long term results will be key to how this performs. Even though it is advertised as being the 2 Minute Trader, I would say that it will take far more than this amount of time to make the profits. Therefore, you will need to justify to yourself to see if the required amount of time it takes to make any profits is worthwhile compared to the cost.
At £36 (approx) per month it is not cheap (£432 a year), and the newly launched enhanced version – The 2 Minute Trader Plus is £80 per month (a whopping £960 a year), so it is on the high side for what is being offered – essentially free information that is widely available, but has been automated to create daily selections in this instance.
Will bookmaker accounts be banned? Only time will tell, there have been a few reports of a few accounts being banned, so it is certainly possible, but it does seem safer than matched betting.
The enhanced version at £80 a month does seem on the expensive side, and I suspect this will put off a lot of potential customers from purchasing, as it is a fair amount on a yearly basis.
I wouldn’t say that this is the answer to guaranteed profits, as I have not tested it long enough, and based on customer feedback it is not perfect by any stretch of the imagination, but providing you can justify the price, it may be worth a try if you can justify to fairly high price tag, and don’t know how to find the selections manually.
2 Minute Trader Update – 29th September 2016
I have had a lot of emails today about this new product, more than I expected, and many of them were asking exactly how much profit I actually made during my beta testing.
I thought I had tested for around 2 weeks, but on checking earlier, it was actually 17 days, and during the 17 days I made an overall profit of £672.41 after Betfair commissions. But that is my results, your results may be higher or lower. I have a bit of experience in this field, so that may have helped me with decision making.
The authors stated that over the period of their testing that an average profit of just over £5 per trade was made after all losing trades were taken into account, but on my testing this was a few quid more, but as I only tested for 17 days, this could average out, but it could also be less over a sustained period of time.
There has been a lot of interest in this already, and this ‘could’ be a good thing for the members of this, because consider this – and this genuinely only occurred to me today:
I was thinking earlier about the main concept: Backing the night before and the price dropping the next day, and when you think logically about it, if many people are placing money on the horses the price HAS to drop (this turned out not to be the case looking at this longer term, as the amount of punters would be a drop in the ocean compared to all the liability entering the market), because it is becoming even more of a favourite, so the exchanges should definitely reflect this in their next day pricing!
2 Minute Trader Update: £533 Profits in First Week
Just to update you all, as I know a LOT of people are reading this page.
Important Note: The following was provided by the publishers, NOT my results – Your results could differ.
Here is a breakdown of the results from the first week selections given to members:
The first week results for the 2 Minute Trader since it launched on the 29th October is as follows:
- Selections given: 27
- Winning selections: 23
- Losing selections: 3
- Non Runners: 1
- Longest losing run: 1
- Longest winning run: 17
- Largest win: £162
- Largest loss: £2.83
Overall profit to £50 stakes in the first week, if all selections were taken: £553.80
(Important Note: The following was provided by the publishers, NOT my results – Your results could differ)
2 Minute Trader Update 13th Oct £721.13 Profit
Figures released from the promoters regarding the results for the first 13 days worth of trades. I do expect this to average out lower over time, and more in line with what was advertised, and also based on my own testing.
The first 8 days of results resulted in an average profit of £20.51 per trade, and now after 13 days the average profits are hovering out at £18.02 at the moment, so a rich vein of form currently.
There have now been the following results:
- Selections: 41 trades given
- Winning Trades; 36
- Losing Trades: 5
Overall profit to £50 stakes in the first 13 days, if all selections were taken: £721.13
(Important Note: advised by publishers, not my results)
2 Minute Trader Update 16th January 2017
Membership to 2 Minute Trader has now closed
I was alerted this morning by a reader to say that 2 Minute Trader has now been removed from new membership applications, and on checking it has (at the time of writing) indeed been closed.
2 Minute Trader Plus Launched 1st February 2017
Please note, that I am NOT on here recommending the 2 Minute Trader Plus version that was recently launched as I have not tested it; this review was for the original which has closed.
Title: The 2 Minute Trader Plus System Review
Reviewed by Ben Doyle on Sep 23
Summary: Tim Lowe 2 Minute Trader System Launch
Description: Tim Lowe has launched a new product called ‘2 Minute Trader’, which is a system for taking advantage of high prices that bookmakers offer the night before the races start.
Using software, the system predicts and choses horses that are due to fall in price, and therefore offering the opportunity to take advantage of profitable price drops the next day when laying off the same horse on the betting exchanges.
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