After an intriguing first part of SBC Podcast #83 this is part two, where I quiz the betting expert Jose and get some answers to bettor FAQs.
After discussing technical betting topics in part 1, this segment covers more ‘practical’ subjects as we start by touching upon issues such as barriers to profitable betting, cryptocurrencies and how the betting ecosystem is changing around the world.
Jose and I then go on to discuss questions that are regularly fired our way here at the SBC around betting with soft bookmakers, sharp bookmakers and exchanges in the most efficient ways possible.
Jose’s personality and wisdom shine through even more in the second half of Episode 83 as he talks us through some ‘dos and don’ts’ that many of us wish we had learnt sooner!
You can listen to Episode 83 (Part 2) now via Apple / YouTube / Spotify and all other major podcast directories (search Smart Betting Club)
In this chat, Jose and I talked about:
The barriers to profitable betting
Cryptocurrencies & consumer preferences: a changing ecosystem
The future of the global betting markets
Which sports markets are on the rise? Which sports are declining?
Originator or mover? Which is better?
Who does Jose work with?
Listener questions: using soft bookmakers & sharps/exchanges
The ideal betting location in 2025
Networking: talk to Jose!
Ever the networker, Jose closed our chat by offering the chance to talk to him. To reach him (or to follow) on Twitter/X, he can be found at @xeque999. His Telegram account is nearly identical but it has one less 9 – the link for that is here: https://t.me/xeque99
Today saw the release of our latest Racing Tipster Profit Report which documents the ongoing performance of well known and previously reviewed services such as Andy Holding Speed Figures, Learn Bet Win and Bookie Bashing.
Tipsters’ performance can fluctuate over time and in an ever changing betting world with volatile markets, keeping an eye on this is more important than ever. This is why we produce these reports – to keep on top of who has maintained their edge.
Independent from marketing spin or the selling of dreams, we combine the objectivity of data and our more subjective intelligence to serve one purpose – finding the best tipsters for our members.
Clocking in at 23 pages long, this report includes:
Up to date headline results for a plethora of services including 9 SBC Hall Of Fame greats (there have been two new ‘inductees’, our 5 Premium Services and several others
Profit, ROI and ROC tables to compare the very best tipsters against each other
Commentary on important ‘user experience’ information such as odds attainability and the workload needed to follow tipsters in
Our intelligence and thoughts about developments since the last report, looking at items such as customer service, policies that tipsters use and performance
To have a good look at what SBC Members get, this video introduces changes to the area of the site for those with full subscriptions, providing you with a sneak peak of what is inside!
In the first part of a ‘double header’ for SBC Podcast Episode #83 I was joined by Jose, one of the most informed and well-connected betting people out there.
Jose has a wealth of experience working with bettors from all over the world and instead of modelling or originating his own bets, he concentrates on meeting people who can and helping them maximise their profits.
Getting on, masking sharp activity and sustainable betting are all hallmarks of Jose’s work and he has strong opinions about everything from the most efficient market makers, the best types of edges and CLV.
In Part 1, we discuss all of this as Jose shares wisdom that can benefit bettors of all levels from beginners right through to hardened pros. Part 2 will be with you soon as we will answer some very common questions that bettors have!
You can listen to Episode 83 now via Apple / YouTube / Spotify and all other major podcast directories (search Smart Betting Club)
In this chat, Jose and I talked about:
Introducing Jose
Betting, edges & scaling operations with others
Betting in practice: sustainability
Bet execution & the variance that comes with multiples
Pinnacle: is it still the same barometer it once was?
CLV
Good & bad practice in betting groups
End of part 1!
I have met and spoke to Jose many times in the past and he is at the cutting edge of the betting markets all across the globe, with contacts on every continent.
I learn a lot from him every time we talk – I am sure that you will too!
In a new SBC feature we will be releasing Snapshot Reviews, where we take a look at services and let the betting public know about how they work, the performance during our time observing them and anything else that we pick up on whilst trying them out.
These reviews will not have all of the in-depth analytics that we use in our full reviews, but should give you a good idea of whether the service in the Snapshot is something that may interest you. These pieces will be free for everyone to view, whether they are an SBC Member or not.
Snapshot Review #1 Sharp Betting: Boxing
Boxing opinion pieces with recommended bets, analysis & more
Written by two well-established and experienced bettors with very different backgrounds
14.68% ROI using a unit loss staking plan
Only 34 bets so far; difficult to measure CLV
Qualitative measurements (judgement!) used
Betting Bluster
Two betting events in 2024 left me questioning the betting world and its ‘experts’ more than any others and to be honest, I had no idea how to go about pricing either of them up. My bewilderment came from listening to or reading commentators exude overconfidence, blatant biases and hubris when talking about things that they very obviously had no domain knowledge of.
The US Presidential Election market was the first. I read some extraordinary takes about the probabilities of each candidate’s chances given their respective odds and the depth of the market in the weeks leading up to the Electoral College count. A book could be written about how some people would be (a lot) poorer if they really believed the things they said with such conviction but I’m A) a poor writer and B) too lazy to write a book.
The second event was Jake Paul vs. Mike Tyson, the weird, wonderful or woeful matchup (you choose which camp you fall into) that took place in Mid-November. Like US Politics betting, I would be lost if asked to price something like this up from scratch but yet again, I saw such disparate (yet definitive) opinions so confidently decreed – it was very clear that a lot of the ‘expert betting community’ had no idea either.
Sharp Betting: Boxing
Luckily, this coincided with trying to learn a little about boxing betting via the Sharp Bettingsite and their collectivecommentary around the fight was a lot more balanced, probability based and, with the ‘bullshit detector’ on full alert due to everything else I’d seen, informed. The outcome was irrelevant to me (even though the core bet and top-up landed) – it was one of very few places that talked without emotion or the nostalgic memory of Tyson’s brilliance. Fighter A was up against Fighter B – what should the odds be? How did these odds compare to the prices available in the market?
Sharp Betting’s boxing offering has been live since February this year and they have provided 30 pieces during that time, talking about everything from specific boxing cards and suggested bets right through to quizzes, opinion pieces, trends and analysis – all of which are freely available to read here. New previews are promoted on Sharp Betting’s social media channels for less regular visitors to the site.
The Numbers
I will get into what I think about this content shortly but first you will no doubt want to know how these opinions have stacked up figures wise.
You can find a full record of Sharp Betting’s boxing recommendations here, with the following headlines:
34 bets have been advised with selections ranging from straight ‘win’ bets through to round betting, method of victory betting and some multiples where value was identified in several spots on a card
The advised odds average out at 3.63 (2.63/1) with the shortest-priced selection being put forward at 1.33 (1/3) and the longest-priced selection being put forward at 19.0 (18/1)
17/34 (50%) of bets won, with the longest priced of these delivering at 5.0 (4/1)
No stakes are advised alongside selections so I have deployed a unit-win strategy to assess the bets with a uniform edge. With all bets staked to make £100 profit, turnover totals £3,337.22 so far and the resultant profit of £473.07 using this strategy represents a 14.68% ROI.
Reading the columns will give you an idea of the conviction that the writer has – variable staking is well worth considering here if you ever follow the advice in as both massive ricks and lukewarm leans are both present throughout the catalogue – my crude unit-win numbers can no doubt be improved upon.
This sample is still small so we can’t read too much into the data so far. Ordinarily I would use Closing Line Value (CLV) to analyse such a sample but obtaining accurate closing odds for most selections was difficult (please see the notes at the bottom of the results sheet for more information). With both of these things in mind, we need something more qualitative to judge whether the service is worth following moving forward.
About The Contributors
The core contributor is David Hipkin, the co-founder of Sharp Betting and a former boxing trader in the industry. David has been responsible for the majority of the selections and write-ups so far and you can see/hear him talk about his betting and processes in several videos on the Sharp Betting site.
The other regular contributor is Johnny Wright, a well-connected US wing of the group who brings nuance and a very obvious expertise to the fore.
Both David and Johnny talk about past fights, fighting styles, psychology, ‘ring IQ’ and the verbal sparring that preempts the physical action. From all that I have read, David leans on this heavily for his analysis; Johnny introduces less visible factors (boxing politics, the unseen yet evident pressure on judges & boxing media narratives) to provide a good blend of the quantitative and qualitative.
In this video, you can view the pair talk about the biggest bouts of 2024 from a betting perspective, with price and probability yet again central to everything they cover:
Is It Worth Following?
So, is it good? I’m nowhere near being a boxing betting expert but I feel that I’ve seen enough tipster services and commentary to take a stab at answering the question with a few observations.
I like the fact that odds and probability are central to every chat. The underdog is value? Why? Fighter A is 1.33 but should be 1.2? Why? These questions are posed and answered, something that is an issue in betting chat generally, but especially so in the boxing content I have consumed.
David’s first write up – which covered the Ngannou vs Joshua and Zhang vs Parker bouts – is a prime example. The fact that both of his recommendations won is irrelevant when we’re looking for a long-term edge – he called the fights based on the odds and the chances of the fighters winning, not by lazily saying ‘I think this fighter will win, 2 point win’. Here is how he concluded his Zhang vs Parker write-up:
‘When this fight was announced, Parker was a generously priced 3/1 outsider. You’ll do well to find 2/1 odds for him now. Zhang is a huge test, but he is a 40-year old man with a 20-stone frame to carry over the scheduled 12-rounds. Parker is underrated in this fight, he will present more movement, speed and athleticism than Zhang faced in his headline-grabbing wins over Joyce. I think the market has got this one wrong and would have Parker no bigger than 6/4.’
Johnny’s writings have a different flavour, as the man himself points out here:
‘We will weigh thoughts about each of the fights we dissect by giving a breakdown of some of the lesser analyzed & somewhat overlooked aspects of each fight and fighter. Many of the aspects of the fights we analyze might not be considered by the average bettor and/or might not be weighed heavily enough. In fact, some of the stuff we discuss might be completely overlooked by some bettors, possibly due to some bettors being swayed by Boxing Media propaganda or the consistent ramblings of many clueless online casuals.’
This type of take on other commentary is one that I appreciate but can it provide the edge we are looking for?
I think so. Johnny’s breakdown of the mental frailties of both fighters in the Joshua vs Dubois fight was a fascinating read and before making a value based call, he freely admitted the uncertainty he felt: ‘Trying to look into the psyche of Daniel Dubois to try to figure out his mindset heading into this specific match is like trying to solve a Rubik’s Cube after drinking 12 pints of Guinness.’
After ‘toing and froing’ he landed two bets based on odds he thought were too disparate from their opposites – Dubois to win and for the fight to go the distance. The former landed (at odds of 4.50) but the latter lost (at 5.00) as Dubois KOd Joshua in the 5th.
Away from the relative merits of any given fighter, analysis of the collective mindset of the market is a prominent factor in David and Johnny’s work and I have been regularly reminded of ‘talking horses’ who are so often overbet. They regularly oppose this mindset with very clear reasoning whenever they do so.
Conclusion
The snippets shared above provide examples of what we can expect from Sharp Betting’s boxing coverage and this Saturday (21st December) will provide another that we can watch play out live. A 4.0 (3/1) shot is Johnny’s call for ‘Usyk vs Fury II’ – you can read why here.
What I have observed from Sharp Betting’s offering so far is excellent and it fits the criteria of what I look for in analysis and commentary. Doubt is a positive, probabilistic calculations are essential and the market can be both a guide and a paradox (see Paul vs Tyson) with a sport that is so hard to model.
As a ‘boxing betting layman’, I rate this service and will continue to follow it. Listen to the chats or read the previews and you hear about bouts talked about in a way that is the polar opposite of the overconfident bluster I referenced in the introduction.
Do I rate Sharp Betting’s boxing offering enough to follow in selections with chunky stakes? No, probably not. This isn’t due to a lack of confidence in the contributors – I really like what I’ve seen so far. I save my bigger banks for things that I have an opinion on myself and with any tipster/betting record, I like to build up a more comprehensive idea of CLV and other data points before taking the plunge towards staking aggressively.
What I will be doing is reading and listening to anything they produce and follow them in for bouts that I will be watching (starting with Usyk vs Fury II this weekend). If you decide to join me, good luck!
Like This Piece? Sign Up Or Learn More With A Free Membership
This Snapshot Review is a little less detailed than most of our reviews but I hope that the fact you’ve got to the end means you enjoyed it! If you would like to see what our more detailed analysis looks like then please click here to sign up for a Free SBC Membership which will provide you with a sample magazine with four full reviews inside alongside some other content from 2024 that we have delivered to our members.
If you would like a full membership with instant access to all of theSBC Membership benefits then you can find sign up options here.
From our usual analysis point of view, this presented issues as for the first time we were looking at a service that didn’t have Closing Line Value as a metric we could look at. I.e. we couldn’t benchmark performance against Betfair SP as that is what it used!
With that in mind, we introduced a few more bits of analysis to help us explore not only Gwdihw Racing but Betfair SP and exchange-based tipsters themselves. We talked about it in SBC Podcast #82 but thought that sharing a little more detail in this email would be useful too!
An Evolution In Betting
Before discussing those metrics, it is worth discussing why a Betfair SP tipster is so attractive to punters, especially successful players.
Account restrictions, high margins on early prices and bookmakers’ unwillingness to lay racing bets have made it more difficult than ever to make sustainable profits from the sport.
As John, Gwdihw’s operator, discusses here, profit and loss to bookmaker prices can often be illusory:
Gwdihw avoids all of these pitfalls by taking on the toughest of lines – Betfair SP. Outside of pure Profit and Loss figures, here are two of our newer metrics that we introduced to analyse the service…
A/E and PRB
Actual/Expected is a great way to test whether a system or strategy is performing beyond bare profit and loss as it weeds out unsustainable approaches and tests the selection process against market expectation.
This will be tethered to P&L for the most part (especially at Betfair SP), but as Josh points out in the review, a record can mask unsustainable approaches when big winners skew the overall figures – we introduce A/E to assess Gwdihw’s approach.
Another way to assess a racing tipster is Percentage Of Rivals Beaten (or PRB). Here we took each selection’s position in the market at the off and compared that to where they actually finished, providing more context to how the bets were performing.
Advanced Analytics & Adaptations To Suit The User
Another item of discussion in the review was staking, something that John had identified as an area of possible improvement himself.
Using our Advanced Analytics, we compared the flat staking that John uses to measure his bets against a unit-win staking to deepen our understanding of performance:
Why did we do this? Well a flat staking strategy can place a massive premium on certain longer priced horses if they are staked to the same level as an odds-on favourite so a more blended strategy can be deployed to even this disparity out.
As you can see here, it also provides the opportunity to approach a strategy with lower drawdowns and a less volatile betting journey.
Along with Gwdihw Racing, you will also be able to access all of our historical reviews in our back catalogue as well as several further member benefits that you can read about here.
If you want to know how a SBC Membership can help your betting it is well worth reading this Case Study from our member, James, who details how he has made just under £20k using the SBC since (re)joining us in January 2023!
If you want to know more about what we do or have any further questions please get in touch!
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