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Independent audit by Punters-Paradise.
Audit Report for Betstand August 2007
Auditing Basis
Punters-Paradise.com, being the “thinking mans’ betting forum”, was approached by Betstand to provide an independent audit of the Betstand results with regard to estimating future profitability and risk.
The results presented herein, apply purely to the data as presented, and may only be used for the term of this agreement (being to the end of the calendar month of September 2007). Any production, summary, replication or other use of these results, in whole or part, is strictly prohibited without the prior agreement of Punters-Paradise.com.
It is the understanding of Punters-Paradise that the figures as presented are truthful and accurate, and verified and verifiable elsewhere, and all conclusions drawn are predicated on that assumption. Punters-Paradise accepts no liability for any inaccuracy in the raw figures.
Data Presented for auditing
There were 133 bets (exclusive of voided bets) at average odds of 1.77 (maximum odds were 4.2 and 2.12, while minimum odds were 1.45 and 1.51). A strike rate of 63.9% resulted in a yield of 11.8%. The average stake was 5.73 units (maximum stakes 10 units, and minimum stake of 2 units – 2 bets each – while the remaining bets were at stakes of 4-8 units, with the majority being 5 to 7 units).


