I’ve tried this project before. Several times. On each occasion it’s ended with me scrapping the concept a few months down the line because I simply lost too much money.

That sounds silly following the best tipsters online. But there are no guarantees.

I’ve been a tad more cautious this time but still made one glaring error. What’s that you ask? My starting stake for certain tipsters.

For the most part I have got it correct. I choose my starting stake depending on my confidence in that tipsters.

For some golf tipsters, to allow for a poor start, I’m betting as little as £1 per point.

It’s as high as £10 per point for tipsters I’ve had success with in the past and who tip at lower odds.

I don’t regret “not winning more” on the tipsters that have been producing the best results. What I do regret is going in too high with my stakes on a few racing tipsters.

These are racing tipsters that had very good statistics prior to me following them. But I had no way of knowing how accurate those stats were.

Let me clarify by saying that’s not a suggestion the results are falsified, but they will be based on the odds a tipster posts their selections at. Sometimes that can be much higher than the odds we get as a punter.

For those tipsters I should have gone in very low. Certain racing tipsters I started as low as £2.50 per point and that feels right. It gives me time to assess the tipsters methods and whether they are correct for me.

A few others I went in £5 per point and I regret it. I’ve lost £120 following one tipster to date. But I feel committed. I can’t stop. I followed him because of his excellent past performances.

If I stopped now and suddenly the winners started to appear I’d be gutted. For the same reason I feel like I can’t reduce my stakes. Not yet anyway. If his good run comes at a time I’m betting lower stakes it will give me a false ROI.

So I’m left committed to my stakes. I’m only just past halfway to the 100 bet review point. Will I lose another £120 following their tips, before I can then make a decision whether to stick or twist?

This is my long winded way of saying, keep your stakes really low to begin with. Perhaps set the benchmark I do. Get to 100 bets per tipster and then reassess.

Yes there is the risk that tipsters have a really good run for 100 bets, then you increase your stakes and they start losing. But if you’ve then committed to 250 bets they have long enough to turn that around as well.

Good Luck. I hope this article helps you make sensible decisions with your gambling and you too can beat the bookmakers.