One of the most infuriating hurdles as a punter is how quickly the bookmakers react by cutting their prices.
This is something out a tipsters control. If a bookmaker really wants to stop a tipster and his subscribers from making a profit then they have that ability to mark their card and slash the odds before those followers can place their bets. I’ve seen it happen.
There is very little we can do about this as punters other than accept the problem exists from the offset and just come to the realisation that whatever profit or ROI a tipster is promoting, it’s very unlikely we can match that.
I’ve been following some of the best tipsters for coming on 7 months now. The reason I followed these tipsters was because of their impressive stats. The vast majority of which will have been boasting a ROI of at least 10%.
So the fact my own ROI, after 6000 plus bets is just 3%, highlights the problem we face as punters. More recently I started tracking the odds availability of tipsters I was following.
So if I backed a selection at the same price the tipster was promoting, I’d put a green box in my spreadsheet. If I had to take lower odds, then I’d mark it red.
It’s important to note I do have a lot of bookmaker restrictions but still have access to 10 of the firms on the oddschecker grid. I’ve now tracked close to 800 bets and I’m matching the tipsters odds just 65% of the time.
So over 1 in every 3 bets I place, I either take a lower price or don’t back the tip at all. That’s a lot.
The point of this article is to try and make you aware of the scale of this problem. It’s a problem for us the punter, more than the tipster. They can only take the prices available to them, granted they should not really be scraping big prices from soft bookies, but even the best bookmakers are guilty of cutting the odds straight away.
It just comes down to how quick you can place your bets and the access you have to the major bookmakers.
Obviously the lower the tipster profit & ROI, the higher their odds availability needs to be, to make them worth following. I’ve struggled to make a profit from tipsters boasting a 10% ROI, simply due to low odds availability stats.
I don’t follow enough tipsters to make it fair to compare their stats, but I do mention it in some of my reviews I post. Anywhere around the 66% – 70% mark is what I would expect.