When it comes to making a profit betting…it’s fair to say there are many different ways to skin a cat.
This is certainly the case when it comes to the hundreds of tipsters we proof and monitor at the Smart Betting Club as each has a slightly different approach to making their betting pay.
Whether its backing at short or long prices, betting 20 times a day or 20 times a month, it often matters little. What does matter is if a tipster can make you a profit as that, after all…is what we really care about!
Racing vs Football Tipsters
This point is no better proven than with the two very different tipsters we reviewed in the latest SBC Magazine, which was released a few days ago. One is a football tipster, the other a racing tipster and both are profitable but in very different ways.
The number of bets supplied is just one major difference with 79 bets a month tipped up by the racing tipster compared to just an average of 6.4 from the football tipster.
Another major differences comes in the form of the strike-rate they achieve with the football tipster winning almost 1 in 2 bets (49.6%) whilst the racing tipster just about manages 1 in 5 (22.3%) as the table below helps reveal. Check out the table below for some of the key differences.
Weighing Up Profit From Different Tipsters
So how then do these differences in how they bet and tip translate to the profits that can be made?
This often depends upon the various ways and means you can weigh up a tipster and to help SBC members decide we produce a range of figures to showcase each tipster in a variety of lights.
Starting with the ROI (or Yield) helps as this figure informs you as to how much you need to stake to make a profit with a tipster. For example – A 1% ROI means that for every £100 you bet, you win £1 on average. In the example below, we can see the Racing Tipster edges this with 17.80% to 11.60%.
When we compare results to £25 level stakes per bet the profit for the Racing Tipster is also that much higher too with £4297.50 vs. £718.24. This though can be deceiving not least because in an average month the racing tips gives out more than 70 extra tips that the football guy!
Comparing Using Betting Banks
How then do we compare these two tipsters? One answer lies in how much they can help grow a fixed sum of money or betting bank as we term it.
Below you can see the profits made from a £2000 betting bank from day 1. This £2000 bank levels the playing field somewhat and shows quite realistically just what they can make you from a standing start. (It is worth pointing out here you don’t need £2000 to get started – it’s simply a ball-park figure we use for these calculations)
Here we see that the Football Tipster actually performs quite well with a £2,140 profit in relation to £3,020 for the Racing Tipster from the £2000 starting investment. When you factor in the much lower quantity of bets for the latter – you can begin to see the appeal.
Two Very Profitable Tipsters
It’s fair to say that both these tipsters have shown themselves to be very profitable over a long period of time. Yet both work in hugely different ways when it comes to bet numbers, average odds and strike-rate.
The beauty of having such different tipsters is that it can help appeal to you whatever your preferences.
- Like to bet just a few times a week? Consider the Football Tipster
- Like to back big priced tips? Consider the Racing Tipster
You can find more on both of these tipsters including our in-depth reviews in the very latest SBC magazine. Once you join you can also access our ratings, reviews and analysis on hundreds of other tipsters including our top recommendations to help make you money betting.
Sign-up for the Smart Betting Club and gain instant access all of our magazine content and much more besides!
