Not much to talk about in terms of bets yesterday so I’d like to discuss an important topic and that’s the ability to quickly spot a tipster which is going to lose you money.
Generally our decisions to follow tipsters will be based around their advertised profit or a recommendation. But in my experience achieving the same profit that a tipster promotes is always going to be difficult, sometimes impossible.
Unless the tipster is being proofed by a third party you are also putting complete trust in their statistics. They may have made some mistakes and it’s not unknown for tipsters to simply falsify their results to attract followers.
My approach is to follow a tipster for 100 bets and then offer a review. At that point I will make a decision as to whether I believe it will be beneficial for me long term to keep following that tipster.
This does provide one problem, the risk of losing a lot of money in those first 100 bets.
So I’ve not been afraid to stop following tipsters well before that 100 bet mark on the basis I believe they will lose me money.
But how do I make that judgement? Well it comes down to a number of factors.
Odds Availability
We’ve all had this problem as punters when the odds of selections are slashed or the tipster uses a bookmaker we don’t have access to.
The dilemma is at what price do we go down to before the value is gone?
If a tipster is working on a 10% ROI but you struggle to match their prices on the majority of tips, then it’s probably not worth you following them.
Timing of Tips
Similar to the above. If a tipster are posting their tips when you are not online, then the likelihood is you will miss the best price.
Sometimes you have to accept that a profitable tipster winning other punters money, just isn’t for you.
Tipsters Motivation
This is the biggest factor for me and the main reason I have stopped following a dozen tipsters way before the 100 bet mark.
What are the tipster motivation for posting those selections? A paid tipster or an individual with not links to anyone else, will be driven by one goal, profit! These are the tipsters you want to be following.
Then you have the content creators. Very good tipsters in their own right, but ultimately they are being paid to provide content for third party sites or podcasts.
It’s tricky for the tipster as they might be handed a match they have no interest in, but given their agreement with the site, they still have to come up with a tip.
My advice, whilst tempting as it maybe to follow these tipsters, don’t. Often you will find they have their own personal tipping platform or Telegram Channel where they are far more selective with their tips. That is what you want to be following.
Cost of the Service
This has already cropped up for me. It’s important when looking at a tipsters profit and ROI, you deduct the cost to subscribe. The lower the stakes you are betting the bigger the impact this will have on your ROI.
Bookmakers Radar
If you have bookmaker limitations in place then you might want to consider how certain bets might impact future restrictions. If you follow a tipster that encourages large stakes on smaller events or markets, let’s say table tennis as an example, you are far more likely to pop up on the bookmakers radar than if you are betting on Premier League football.
So be wary, if following a specific tipster might end up in another bookmaker account closed, don’t take that risk.
I hope this post helps you quickly spot tipsters which are not going to win you money. Best of luck with your gambling and thanks for reading.