there you go its official now
ASA Adjudication on Brimardon Systems
Brimardon Systems
14-15 Regent Parade
Harrogate
North Yorkshire
HD1 5AW
Date: 17 February 2010
Media😛ress general
Sector:Leisure
Number of complaints:1
Complaint Ref:105372
Ad
A press ad in the Racing Post for a cover bet system stated in bold text “over £37,500 PROFIT. 375+ POINTS PROFIT.” Smaller text stated “These profits are backing to win… PROFIT FROM 13 OCTOBER 08 UP TO END OF APRIL 09… For the first time ever we can get our stake money back on losers… The Cover Bet will place and manage that bet for you more efficiently than you can do it yourself.” Small print provided information about turnover figures.
Issue
The complainant objected that the ad was misleading because it implied that a profit could be achieved.
CAP Code
3.17.16.1
Response
Brimardon Systems (Brimardon) provided a brief explanation of their Cover Bet system and how the cover bet could win stake money back on losing bets. They stated that all the selections were proofed in advance of the races taking place by e-mail to their chartered accountants, Brays Ltd, and to the Racing Post. They sent a master proofing spreadsheet which contained details of the selected horse, race time and meeting and odds from 13 October 2008 to 30 April 2009 and their accountants provided copies of time and date-stamped emails in support of the claim. Brimardon also sent screenshots from the relevant bookmaker's website to prove the availability of their recommended odds.
Assessment
Not upheld
The ASA understood that the profit claims were based on Brimardons horse racing telephone selections and noted that the running total at the end of the period, set out in their master spreadsheet, exceeded the £37,000 figure stated in the ad. We noted that each recommended bet was lodged independently, by e-mail, with the Racing Post and Brimardons accountants before each race. We asked Brimardon to provide copies of over 100 of the proof e-mails, showing wins, throughout the relevant period, and we asked the Racing Post to provide a smaller sample of emails received, which we selected at random. We assessed the data and noted that the selections sent to the accountants and the Racing Post corresponded with Brimardon's master record and that the e-mails were sent before the start of the relevant races, which was confirmed by the electronic date and time stamp in the e-mails. Furthermore, we noted from the sample of sent e-mails provided by the Racing Post that the dates, times and content of the e-mails corresponded with the received versions held by Brimardon's accountants. We also noted Brimardon included screen shots from the relevant bookers website confirming the availability of the recommended odds for the horses Brimardon had advised.
Because we considered that the two selections of proofing e-mails provided by Brays and the Racing Post verified the accuracy of Brimardons records between October 2008 and April 2009, we concluded that they had substantiated the profit claims.
We investigated the ad under CAP Code clauses 3.1 (Substantiation), 6.1 (Honesty) and 7.1 (Truthfulness), but did not find it in breach.
Action
No further action necessary.
Adjudication of the ASA Council (Non-broadcast)
link
http://www.asa.org.uk/Complaints-an...ns/2010/2/Brimardon-Systems/TF_ADJ_48086.aspx
I don't dispute for one minute that their system makes a profit. What they are reluctant to disclose is the fund that is required. I could be very happy with 375 points at £100 a point, but it would be beyond my reach if the fund needed to be £100,000 which I have heard is about the figure.
You have quoted the letter of the law. That's fine, but what about the spirit of the law?
Brimardon are just too willing to be economical with the truth from the point that they are very reluctant to say what reserve or fund is needed to achieve the advertised profits, but all to ready to shout the profit at the top of their voices.
The fact that they don't offer any refunds is something to be very wary of. It irks me greatly that I was such a bloody idiot as to get taken by them.
Yes my fault, I know.
Sandfire