Lazybet Update

The Lazybet Placepot Syndicate hasn't been overly successful, and each £10 of members' money originally invested is now worth under £8. In view of this Lazybet have decided to broaden the scope of the syndicate. Here's what they say on the site today:

After considering members’ feedback and our own thoughts over the past few days, we’ve decided to convert the Placepot syndicate into a general sports betting syndicate. We will still take a look at the Placepot prospects each day and have a go if we think the dividend might be worth it but the new structure will give us much wider scope in selecting bets.

I think this is a sensible step, and will be keeping my current investment in the syndicate. Lazybet has tipped a number of good winners over the last few weeks, so allowing single bets as well seems a sensible step to take. I do take my hat off to the people behind Lazybet for putting in a lot of effort for small financial reward. Successful or not, they really are putting their money where their mouth is...