Racing Profits Maximiser: How To Bet Less & Make More

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Hot off the press today at SBC we have just published our ground-breaking new report: The Racing Profits Maximiser – which features a unique racing strategy we know will change the way many of you bet.

Based on analysis of over 52,000 tips from the past 3 years – the Racing Profit Maximiser is a strategy the SBC team have long used for our own personal betting…. And now for the first time ever we have dug into the stats to provide evidence of exactly why it works and how you can use it to improve your own racing profits!

Sign-up now to gain instant access to the Racing Profits Maximiser (and our entire back catalogue) or read on for more details on this game-changing report!

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Racing Profits Maximiser (RPM)

Learn how to bet less and make more in our ground-breaking report including:

• How to easily identify the most profitable racing tips using the RPM Strategy.

• Discover how this strategy turned a 11.9% ROI into 22.9% (11% increase).

• Understand how you can use it to make a profit betting at Betfair SP.

• PLUS view 6 ready to use Racing Profits Maximiser ‘Tipster Portfolios’ for you to get started with…[/bs_col]
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Smart Betting Club

A Major Game-Changer For Racing Punters Everywhere

If you currently bet on Horse Racing then its safe to say the Racing Profits Maximiser will be a major game-changer for you.

Not only will it help you understand how to make money betting on horse racing in the first place but also and most crucially of all – how to bet more efficiently by targeting the very best tips.

After all, by knowing which bets provide the greatest profit – you can stake more on them and increase your overall betting profit.

Sign Up Now Risk-Free & Save £16

You can gain instant access to the Racing Profits Maximiser Report with a Smart Betting Club Membership, which comes with a cast-iron 90 day money back guarantee. Enabling you to sign-up and try out our service absolutely risk-free.

Best of all – you can also save £16 on the cost of ALL subscriptions as part of our 10 year anniversary celebrations (But be quick as this discount will end this weekend!)

Sign-up now for instant Smart Betting Club access.

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Political Betting: Expert Insight Into How To Make It Pay (Full Interview)

Exclusive Interview With A Political Betting Expert

One of the biggest gambling growth markets at the moment is without a doubt – Political Betting with vast sums of money now being traded on all major political events.

In the UK, the recent ‘Brexit’ Referendum had over £100 million traded on Betfair alone(the highest volume traded on any Betfair market) so it’s fair to say Political Betting is here to stay and has captured the imagination of the betting public.

To help understand more about Political Betting, I recently spoke with Paul Krishnamurty – a freelance journalist and professional gambler who specialises in these markets. Paul provides political tips for Betting.Betfair and also via his own Political Gambler website so is well qualified to talk on the topic.

As part of this interview, I wanted to understand what is behind the surge of interest in these markets, how a newcomer can get involved and of course – the performance of Paul’s tips (plus his advice for the US and Labour Leader elections!).

SBC: Political Betting has certainly grown in the past few years with huge sums of money now being traded on all major markets. What do you feel is behind its newly found appeal?

Paul: Political betting is relatively new. I encounter people all the time that knew nothing of it – including politicos (political aficionados). I think it attracts a different type of punter, one whom may bet on nothing else.

For me, the attraction is nuance. Unlike say football where millions have access to and can understand the basic information, politics is geared towards the expert.

I know future leadership candidate’s years before many have heard of them. And, my results keep me keen as I’ve never lost overall on a leadership election and have had 25/1+ wins on Iain Duncan Smith, Michael Howard and Jeremy Corbyn, as well as 16/1 about David Cameron.

It seems to me that real-world betting is less luck-driven than sport – the same doubtless applies to other novelties like Sports Personality Of The Year and X Factor.

SBC: Where there is lots of information available such as in the US or UK Elections, we would expect an efficient market with very accurate prices available. What do you look for when weighing up a political betting market?

Paul: The more nuanced the market, the less likely we’ll see accurate odds but this can also be the case from time to time in the bigger markets.

Opening lines don’t seem to be very accurate.

For example, Jeb Bush was priced at 5/4 for GOP Nomination at the start, yet is now 9/1. With multiple other favourites in the betting being overhauled so far, often the early market favourites are too short, compared to their chances.

If we look at the historical markets for the next Tory leader, in the UK, every single opening favourite in the past 50 years last lost.

Personally, I couldn’t understand how Liz Kendall was the 11/4 favourite when the next Labour leader market opened in 2015. It seemed as though she was so short in the betting, because the UK newspapers (influenced by the Tory party) had hyped her so much. Anyone who know Labour supporters, know they are the direct opposite of Tory supporting newspapers, and Liz ended up with just 4% of the vote.

SBC: It’s been a huge year for political betting with Brexit, Labour & Conservative leader markets and of course – the ongoing US Presidential election. How have your political betting tips fared this year and what have been the highlights?

Paul: It’s been the busiest year ever, pretty much non-stop on either or both sides of the Atlantic. In particular, I published an extensive portfolio via www.politicalgambler.com for the Republican Nominee, EU referendum and Conservative Party Leader markets.

Brexit was the highlight, both in terms of success and relatively short work. By backing a combination of a narrow Remain win (50-55%) and Leave, that portfolio earned 170 units profit.

I also made 87 units on the Republican nominee but it felt like losing as Trump was the worst result by miles. I made money from laying Jeb Bush when he was a 35% favourite, backing Ted Cruz when a 3% outsider and Paul Ryan at 0.5%, partly cashing the last two out for a nice profit. However I didn’t think Trump would win and timed my cover badly.

Likewise on the Tory leadership, a mixed bag of results over a long period yielded an overall profit of 80 units. My early bets were perfect, backing Theresa May twice at 8% and 10%, Boris Johnson at 20%, and earning a profit from backing George Osborne at 11%, then laying at 33%.

However when the race started, I was blindsided by Boris Johnson’s withdrawal, 24 hours after I’d placed 80 units on him. I clawed 45 of them back by getting on May again at odds-on.


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SPECIAL SBC REPORT:

8 FREE TIPSTERS UNDER THE

MICROSCOPE

Interviews and analysis with 8 profitable betting experts – all of whom supply their advice and tips for free

Markets covered include: Football, Golf, Horse Racing, Cricket, Tennis, Politics, Reality TV & much more besides

Available now to ALL Smart Betting Club members [/bs_col]
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SBC: Looking back historically – how have your tips fared in years gone by? Do you have any numbers you can share for example in the last US Election, the 2015 UK General Election or the Brexit referendum?

Paul: Prior to the above 3 big markets…

2015 Jeremy Corbyn to be Next Labour Leader: 180 units profit. Backed him at 4%, laid at various upwards of 13%.

2015 UK General Election: 30 units profit from a massively outlay across dozens of markets. A bad result. I predicted the Tories would beat Labour roughly 280-270, instead it was 330-232. Big losses on the overall majority market, but covered by wins on UKIP seats and several constituency bets.

2012 US Election: 300 units profit. Backed Obama at 52% two years earlier, never laid back. Also made a good profit from backing him to win over 300 electoral college votes. Small loss laying Mitt Romney to be Republican nominee.

SBC: There is huge interest in the US Election with £29 million matched on Betfair already in the next President market. What advice would you give to those keen to get involved in trading this market?

Paul: The odds are shrinking fast on Clinton, but don’t oppose her. If you don’t like backing 80% chances, check out the side markets, such as state voting, percentages of vote share and the distribution of electoral college votes.

SBC: You are on record as stating you don’t believe Trump will win – Can you outline why and what positions you currently have (and might also recommend!).

Paul: I’ve been against Trump from the start and have laid him several times from 18% to 31% in the Next President market. He is a unique, historically poor candidate who only won the nomination due to a bizarre set of circumstances in the GOP race and monopolising the media coverage. He consistently records over 60% unfavourable ratings and has turned the race into a referendum on his suitability. His ceiling is well below the required 50%. The closer swing voters consider him, the more they’ll turn away.

Obviously, the odds on Clinton are prohibitive, but there could still be some value in other markets. I think she’ll win at least 330 electoral college votes, taking all or nearly all the toss-up states won by Obama (who got 332). Plus due to Trump’s unelectability, several Republican states are coming into play – Arizona, Georgia, Utah, for example. I haven’t bet yet but am tempted to lay Trump if short odds-on in some of these. He has no ground game to speak of, and could be overwhelmed if current trends are maintained.

SBC: How about the other active Political market – the Labour leadership contest. What is your take on this given the current markets and what positions do you hold?

Paul: I have 30 units on Jeremy Corbyn at 1.9, and no plans to lay back at present. I think he could have been vulnerable to a heavyweight opponent but Owen Smith is a bizarre choice, and no more electable than Corbyn (the fundamental reason stated for challenging him).

If Corbyn wins to stay in post, the ‘next’ Labour leader market stays live. Here I have existing bets on Lisa Nandy, Clive Lewis, Tom Watson and Stephen Kinnock. I’m particularly interested in the first two.

SBC: Finally, what resources (e.g. newspapers, pollsters, blogs, social media) would you recommend to help inform those keen to bet on politics?

Paul: A wide-range, including on the extremes of the argument even if you disagree with them. The narratives pumped out on Fox News or MSNBC will influence Right and Left voters respectively.

Build a Twitter timeline full of Republican or Democrat supporting sites – Breitbart, Commentary, Salon, Huffington Post.

Once you have this good bank of grassroots opinion, add all the less partisan sites. Washington Post and Politico are superb resources. The Hill is a great up-to-the-minute Twitter follow if you don’t mind a lot of click-bait. For polling, Realclearpolitics is peerless.

CNN is a good centre-ground TV alternative to Fox/MSNBC, and does an outstanding election night show.

More From Paul & Other Free Tipping Experts

My thanks go to Paul for taking the time out to answer these questions. If interested in reading more from him, be sure to check out his Free Betfair columns and Political Gambler website. You can also find him on Twitter via @paulmotty

Paul is also featured in our recent special report on free tipsters, where we interviewed and analysed the results from 8 betting experts with proven track records across a variety of markets and sports. Its safe to say there are some very good free tipsters out there if you know where to look!

You can pick up your copy of this free tipsters report, the instant you join our service at the Smart Betting Club with full access to our exclusive members-only area.

Not only this but as an SBC member you can also gain full access to our monthly Betting Magazines, Practical Punter Reports & enjoy the peace of mind of our 90 Day Money Back Guarantee if not satisfied once joining!

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5 Simple Tips To Help Avoid Bookie Restrictions & Closures

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Earlier this month I announced the launch of our 2016 Restrictions & Closures Survey – where you can help share your experiences as per unfair bookmaker limitations on your betting.

(If yet to take this – please do so as it should only take a few minutes of your time and you can enter a prize draw to win a brand new laptop computer once its complete!)

The results of this survey will be published next month as part of a major FREE SBC Report ‘Getting On’, which will be tackling the issue. First of all, in terms of unravelling the depth of the problem but also talking to those involved (both punters and bookies) and most crucially of all putting forward some solutions for you as punters impacted by it.

Because whilst bookie account restrictions are a fact of life – there are plenty of punters out there still able to get on, especially on sports such as horse racing where the biggest issues lie.

And as part of this quest to understand some of the ways you can get on, I have been talking to a number of experts on just what they do and their tips to avoid unwanted bookmaker interest.

Below you can read a cross section of some of the advice being put forward so far by this panel of experts so far with 5 tips to share…

Take SBC’s 2016 Restrictions & Closures Bookie Survey

Help us to highlight the issue of bookmaker restrictions/closures and name and shame the very worst culprits for limiting how much you can win betting. Our survey takes just a few minutes to fill in and once complete you can also enter a free prize draw to win a brand new Toshiba Chromebook Laptop

 

1. Try to build up an account history gradually

“If you are opening new bookmaker accounts, it isn’t ideal if you hit the jackpot straight away and go steaming in and maxing out your stakes and winning big. On the flip side, I would try avoid suddenly ramping up stakes if you have maintained a previous level of staking. If you are normally a £20-a-bet punter and suddenly you have £200 on a 33/1 shot and it wins, there is the possibility that the result may arouse suspicion. Some traders are scared of their own shadow and may think you have access to inside information that means you are a risk to them. If you are fortunate they might think you just got lucky and let you off.”

2. Laying off on the Exchanges 

“There is one stand out bit of advice I would offer anyone looking to prolong an account: After you make a profit on one bet, you should consider laying the money made off on the exchanges.

I do this and look for bets at odds of around 1/2 to evens to place with the bookmaker and lay off. I might take a tiny hit on the trade but it’s a great way to move profits from the bookmaker to your exchange account. Of course sometimes trying to find losers at short prices can be hard and I once had a run of 5 winning bets on the bounce – I just kept going until I lost the lot in one go.  If you have any historically solid accounts, the above method should help preserve them.”

3. Spread stakes about as much as possible.

“This is one of the key things for me. I try and not have a liability of any more than a few hundred pounds with any one firm. It isn’t always ideal if there is a busy punting day and it takes time to get all the bets on, but, generally speaking, the more stakes can be spread (even if it means taking a point or two less or forsaking BOG at times), the better. If you can lower your liabilities with any one firm, you become less risky to traders. I guess it is finding the balance between coming across as low risk and also spreading stakes to a practical level for yourself as many punters have jobs and other commitments and don’t want to be sat at their PC all day placing bets.”

Awesome Foursome - SBC97

4. Be wary of each way doubles on two short priced selections.

“Bookies hate taking these bets and consider them to be ‘bad’ bets. For example, if you back two 5/2 shots, both probably have strong chances of winning and they also have excellent chances of placing. Even if one gets beat you stand a good chance of getting two placers and covering the bet. I would back such bets away from any sensitive online accounts. “

5. Be careful with bonuses & use shops.

“In terms of bonuses and promotions (e.g. enhanced prices and enhanced places) if you use them too often or more often than normal bets you’ll get flagged up straight away. Bookies hate bonus abusers with a passion. If you want to play bonuses get to BetFred shops on big race days and use Paddy Power shops for enhanced places if there is something you really fancy.

When placing bets in shops keep the liability of your stake to under £500. Shop staff should accept bets that do not pay out more than £500 without referring said bet to the trading team. If you get referred 3 times and beat the odds 3 times then there is a good chance they will refuse your custom.”

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More Advice On The SBC Site Now

The 5 tips posted above are extracted from a series of expert interviews available to read now in the Smart Betting Club members area. In the run-up to the release of our special report on this topic, we are publishing one new interview each Friday full of content like this on how to ‘Get Your Bets On’!

If interested in learning more on this topic, you can access all of these interviews with a Smart Betting Club membership.

Look out for a lot more from myself and the SBC Team on this topic in coming weeks and months, including the release of our special ‘Getting On’ Report.

P.s. You can also check out more on my take on the issue of Restrictions & Closures via a number of articles and interviews in which I have been involved (links below).

BBC Radio 5 Live
BBC News
Gambling Insider Magazine

Why It Can Take Nearly 6 Years To Find A Good Tipster!

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Recently the BBC ran a story about the increase in the number of social media based tipsters who make a profit when their tips lose.

Whilst unethical profiting from affiliate programs is nothing new – it seems that social media is a particular breeding ground for ‘dodgy’ tipsters promising untold riches via some deeply flawed betting strategies.

Without question, the vast majority are a waste of time and are a more harmful modern day equivalent of the ‘premium phone-line tipsters’ from days gone by. Because as bad as these phoneline tipsters were – they did actually want their tips to win! Thus it is with good reason we don’t include reviews on social media only tipsters in our reports.

As well as revealing the ugly truth about social media tipsters, this article also goes to the heart of another major problem – The constant search for better tipsters than those that realistically exist.

Perhaps it’s a tipster that will never suffer a losing bet or a tipster that will bang in regular 10-fold accumulators at massive odds. Or even a tipster that might make 50% + Return on Investment or hit an 80% strike-rate backing at evens.

The truth is that such tipsters don’t exist – and when it comes to choosing an expert to follow – very often the ‘boring’ well known and stable tipsters present your best option to make a profit.

Yes, they might not be particularly sexy, nor will they bang in acca after acca at big odds but what they will do is make a reliable return for your money.

And to prove this point, allow me to discuss some of the tipsters we track here at SBC and what you can realistically look to achieve if following a true expert.

The Best Tipster Guide - SBC

5 Years & 9 Months In The Making

The tipsters we rate as the very best are awarded a Hall of Fame rating – our marker of a quality service with a proven betting edge.

Yet to achieve a Hall of Fame rating is not easy and one of the key things we look for is longevity of service, coupled with a large betting history.

Consider these stats as per the 14 horse racing tipsters in the current Hall of Fame:

  • The average length of service is 5 years and 9 months;
  • The longest running tipster has been in operation for 12 years (during which time they have made 3417 points profit at 32% ROI);
  • The ‘youngest’ tipster has been in operation for 1 year and 11 months (although they have tipped up over 5000 bets at 21.3% ROI!);
  • The best ROI tipping record peaks out at 36.40%, whilst the average ROI across all 14 is around 21%.

All of this is a world away from a world of social media and the false promises of unrealistic profits you see from so many on Twitter or Facebook.

For Example – The Reliable Racing Tipster Profiting Since 2009

A classic example of the type of tipster you can find in our Hall of Fame is the racing tipster featured in the recently released Part 2 section of our 2016 Best Tipster Guide.

Around since 2009, this tipster has a clearly defined strategy tipping up 1 bet a day and long-term has hit a standard of 22.3% ROI and 429% ROC (Bank Growth).

Here is their long-term record of performance:

longtermperformance

Certainly it’s not the sexiest of tipsters and they are vulnerable to the odd losing spell which does require patience at times (Something that is simply down to their low strike-rate of around 15.9%).

Yet ultimately this is a tipster that:

  • Has a clearly defined betting strategy;
  • Has a clearly defined edge over the bookmaker;
  • Makes consistent profits over the long-term;
  • Makes a realistic return on investment.

And for more proof of all that – check out their profit and loss graph below, which showcases steady growth over the lifetime of the service and all 2307 bets.

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If Its Too Good To Be True…

The old adage of ‘if it’s too good to be true, then it probably is’ rings true for tipsters just as in any walk of life.

This is certainly the case when it comes to many tipsters on social media, who often ride a wave of likes, RT’s and positive comments to convince people to follow them in.

Yet ultimately they are deeply flawed, here today-gone tomorrow charlatans, who in many cases are profiting from bookmaker affiliate schemes designed to pay them if they put up bad tips.

Instead, turn your focus to those tipsters who have actually been around the block, have developed a long-term record and run a professional service.

They might not grab the attention in the same manner as their marketing-savvy counterparts but ultimately will be the only ones realistically able to help make you money betting.

You can find a full rundown on some of the very best tipsters in our Hall of Fame – featuring our independent advice and ratings based on over 10 years experience proofing tipsters.

Sign-up today and gain instant access to the Smart Betting Club service.

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£3158 Into £15,690. Simple Ways The Best Tipster Guide Can Help

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Yesterday saw the release of Part 2 of our 2016 Best Tipster Guide featuring the final section on 6 of the very best tipsters we have uncovered over the past decade.

So today to help showcase how these tipsters can help you, I want to delve a little deeper into one of the featured tipsters reviewed inside it and some of the findings we uncovered.

For example – how can a few simple staking tweaks turn a £3,158 profit into £15,690 through following one tipster? (And all from the same £1000 starting point)

As I will go onto reveal – there is so much more to reviewing a tipster rather than simply just examining whether they are any good or not.

The Best Tipster Guide - SBC

A Much Loved Football Tipster

First of all, let me set the scene as regards one of the tipsters we focus on in Part 2 of the Best Tipster Guide that I want to discuss today. It’s a well loved football service – which provides tips from 3 slightly different (yet ultimately profitable) betting systems.

As a subscriber to the service you receive the tips as generated by each of the systems throughout the English football season.

The results for all 3 systems have been fantastic long-term (hence why it was chosen for the Best Tipster Guide!) but there is a lot more to it than that…

The Type Of Bets That Generate The Most Profit

When examining any tipster its vitally important to observe exactly where they make a profit so as a punter you can understand where their edge lies.

One simple pattern we observed when examining this football tipster (as with most others it must be said) is the fact that their away bets are generally more profitable than home bets. AND if breaking home and away bets down to certain odds ranges – some clear profit patterns emerge as the following tables prove.

This first table concentrates on the performance of home tips both under and over 2.0 (evens). Although those under evens are profitable, the gains are fairly marginal.

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Examining the away bets put forward by the tipster we also identified a trend whereby the better performance came from those priced at 2.75 (7/4) and above, which was responsible for the greatest return as the table below indicates.

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This kind of analysis can help when following any tipster, whether it be the type of bets you want to concentrate on or stake more on – Or simply to help you understand where the tipsters edge actually lies.

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That Simple Tweak: Compounding Staking

I have spoken about compound staking on a number of occasions in the past (as here with this racing tipster) because when done right it can make a major difference to the profits you make.

Take one of the 3 systems provided by this football tipster – which has produced a 157.9 point profit at 5.8% ROI from 2739 bets over the course of the past 6 seasons.

This is an ideal service to consider for compound staking as it hits a high strike-rate (44.1%) and has generally performed very consistently over time.

So rather than simply staking the same amount on each and every bet over the course of any given season, a compound staking method (whereby your stake adjusts with the size of your betting bank) can work very well in this instance.

To prove the point – here is what would have happened if you had followed the service just using a £1000 betting bank all the way through (Effectively the amount you staked on each bet would have remained the same).

This approach would have made you a profit of £3,158 (315.8% Return on Capital) over the lifetime of the service. Good figures of course but they can be improved on.

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For those of you looking to be a bit more creative, this next table illustrates what happens if you adjust the stakes after every 100 bets based on how much profit you have made. If following this method, your profit grows to £6,098 (609.8% Return on Capital) over the exact same number of bets.

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And for those of you looking to be a bit more creative, we also have a couple of other suggestions – including what happens if you simply adjust your stake after each bet. Here your profit grows to as much as £8,821 (882.1% Return on Capital).

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And finally the biggest profit actually came from adjusting your stakes at each point where your bank has grown by 25%. This method will have made a £15,690 profit (1569% Return on Capital)since inception.

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The Biggest Bang For Your Betting Buck

Watch Your Losses: Max Drawdown

The keen-eyed amongst you will have noticed the ‘Max Drawdown’ figure for each of the tables above and this is a very important figure to consider before going overboard on Compound Staking.

This figure effectively tells you what the biggest drop will have been using each staking method during a bad losing run. So for example the Compound 25% method will have seen you finish up with £15,690 profit, but at one point you will have lost up to £8,207 during a bad run of form. That loss would have been in context and made up purely of the profit you had made but it does show how an aggressive staking plan works both ways.

It’s worth considering these sums as how you handle yourself during losing runs is a major test of any punter – no matter how experienced you are. And for those of you who think that losing runs won’t apply to you, think again as they always happen no matter how good you or the tipster you follow actually is… (And if you find someone who tells you they never suffer them – they are lying!)

More Professional Analysis In The Best Tipster Guide

I only have room to discuss these two findings as outlined in the Best Tipster Guide, yet there is lots more I could have shared.

For example – which is the best system of the 3 ideal for those of you keen to just choose 1?

Or

What is the best and worst time to place your bets when following this tipster and why it can pay to wait until seconds before kick-off to achieve the best profits?

If interested in finding out more, you can do so with access to the full 2016 Best Tipster Guide as with Parts 1 and 2 now available, it includes detailed reviews on 6 top tipsters we have uncovered over the years.

Plus, to celebrate the 10 year anniversary of the Smart Betting Club in 2016, you can also save £16 on the cost of the Platinum ‘Pro Punter’ membership package.

Sign-up now and gain instant access to the Best Tipster Guide.

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SBC Guide: Getting Started With Betting Banks

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Today I want to explore the topic of betting banks, how they work and just why it’s so important you operate one for every tipster or betting system or strategy that you follow.

Betting banks might not be the ‘sexiest’ topic in the world to discuss but believe me – they can make a massive difference to your betting bottom-line.

I have seen many people fail at betting or make silly mistakes simply because they didn’t use a betting bank.

And the daft thing is – it’s so easy to understand and implement, that once you start working to a simple betting bank, you won’t look back!
 
After all anything that can help minimise losers and enhance winners has to be a good thing right!

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WHAT ARE BETTING BANKS?

A Betting Bank is a set amount of money that you put aside for each tipster that you follow so as to make you the most effective returns. For each tipster that you follow, you should have a separate and designated betting bank.

A good betting bank will:

  • Protect you from losses caused by inevitable losing runs.
  • Help to maximize effectively how much profit you make overall following a tipster

Without a betting bank in place, the dangers of not coping during a bad run and giving up far too soon are that much higher. Nobody wants to give up on a tipster just before they hit a purple patch, yet this happens all too often for punters without a betting bank in place.

The good news is that setting up a betting bank is extremely simple and here at the Smart Betting Club we provide advice on doing just that for each tipster we review and report back upon.

But first of all, here is how to set up a betting bank…


HOW TO SETUP A BETTING BANK

Betting Banks can be split up into two distinct types as follows:

  • Points Betting Bank
  • Financial Betting Bank

Points Betting Bank (PBB)

Most tipsters will advise staking in terms of ‘points’. This generally varies from 1 point up to 10 points. A Points Betting Bank will tell you how much to stake in real £ or (euros) on each tip.

E.g. If you have £1000 and follow a tipster using a 50-point betting bank, 1 point would equal £20. More on this later.

Points Betting Bank: Rule of thumb

For each tipster we monitor, we calculate the optimal amount of points you need to assign into a betting bank. This protects you from losing runs, enhances winning runs, and keeps staking consistent over time.

Each tipster stakes differently so this Points Betting Bank (PBB) is optimised for each individual service. This allows you to stake efficiently with the confidence that your Financial Betting Bank (see below) will not go bust.

The PBB for each tipster should at the very least take into account the historical worst losing run for that service. A general rule of thumb is to double the previous longest losing run, so that should such a poor run happen again in the future, then no more than at worst 50% of any betting bank should be lost.

To generate the Smart Betting Club’s own betting bank recommendations, we actually use a special in-house ‘betting bank simulator’ which comes up with a highly tuned figure for optimal returns. So as a member of SBC you know we have your bank and back covered!

Financial Betting Bank (FBB)

Of course the amount of money you can actually make from following a service depends on the real-life Financial Betting Bank (FBB) you can apply to it.

This refers to the amount of money you set aside to follow a service, when considering the Points Betting Bank. This FBB amount is related to the PBB as we will go on to demonstrate in the example below.

This FBB amount should be an amount of money you feel comfortable risking in following a particular service. This should be a lump sum of money you have available for investment and should be separate to funds needed for living expenses.

Awesome Foursome - SBC97

BETTING BANK EXAMPLE

To illustrate all these points let’s use a few examples.

For each tipster we recommend, we list the Points Betting Bank required for optimal following. You can find this listed each month in our SBC Magazines & Tipster Profit Reports.

Let’s take an anonymous example from our archives, a profitable racing service we’ll call Top Racing Tips.

If you were a member of Top Racing Tips, we recommend you need a PBB of 100-points. This 100-point figure takes into account historical losing runs, and the current method of staking that Top Racing Tips investments utilises.

If following Top Racing Tips over the past 12 months this service would have brought you 235.58 points profit to their advised staking.
 
Let’s say we decide to follow Top Racing Tips with a FBB of £2,500 in real money.

  1. We then divide the FBB by the PBB to get our staking per point.
  2. 2,500/100 = £25 per point…. £25 is our stake per point.
  3. If you had made 235.58 X £25 over the past year that brings a £5,889.50 actual profit.

This particular tipster charges £155 per quarter or £430 for a lifetime membership so even if deducting a full year’s subscription, you still would end up nicely in profit.

Profit At Lower Betting Bank Sizes

Of course, you don’t need £2500 to follow this tipster and you can make a tremendous profit with much lower betting banks as follows:

  • £500 bank = £5 per point. Annual profit of £1177.90 (before tipster subscription fees – we recommend the £430 lifetime membership option)
  • £750 bank = £7.50 per point. Annual profit of £1766.86 (before tipster fees)
  • £1500 bank = £15 per point. Annual profit of £3533.70 (before tipster fees)

 

A Very Simple Ruling For Effective Staking

As you can see it is very simple to calculate your own staking.

To calculate the financial value of 1pt in your betting bank, all you need do is divide your Financial Betting Bank by the recommended Points Betting Bank, which gives you the amount per point you can financially risk.

It is as simple as that!

BUILDING UP GRADUALLY

There is also no harm in starting small with your betting and developing it over a number of years. By doing this you are building a platform for long-term success and it provides a foundation on which to develop your betting further.

Our advice is to not feel pressurised to instantly start making thousands of pounds in your first few months, and instead allow the returns to gradually evolve over time.

Many of the tipsters we recommend have been with us for some time and will still be here for a number of years at least, so there is no rush to make large sums quickly.

A realistic level of expectation will especially help you get to grips with any new services that you decide to follow. By betting to smaller stakes to begin with, you can ensure that each service fits into your lifestyle and that you are able to get the bets on at the required odds. This way you can ease yourself in to each service, become comfortable with their way of working and increase your stakes in line with your confidence in their methods.

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PRO GAMBLER BLUEPRINT

This article has been summarised from the in-depth Pro Gambler Blueprint we supply to all new Smart Betting Club members, which provides everything you need to set up your betting properly.

This 100-page blueprint features advice and guidance from seasoned professional gamblers in seven easy to follow sections:

  • Part One: Solid Foundations – Avoid common newbie mistakes by getting your betting off on the right foot.
  • Part Two: Money Matters – Betting bankroll management and how to maximise your profits
  • Part Three: Mindset and What Makes A Winner– Key lessons on what really matters from betting pro’s
  • Part Four: What To Bet On – Football and Horse Racing absolute essentials
  • Part Five: Being Realistic – Tipsters or Systems? How to decide what suits you best
  • Part Six: You’re The Boss – How to develop your own betting niche and become your own expert
  • Part Seven: Bookie Bashing – How to keep under the bookmaker’s radar
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Why We Act Irrationally When Bets Lose…

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If you are considering the idea of starting to make money betting with tipsters, then one of the most important lessons to understand comes in the form of learning how to handle losses.

Yes, it might seem odd to read that coming from somebody who edits a site dedicated to ‘making money betting’ but it’s actually one of the most critical parts of a pro punters armoury – coping with bad runs!

Sometimes it’s all too easy to get caught up in the idea of winning, without contemplating the possibility of losing. Yet this is what catches all too many gamblers out.

Put simply, if you want to win – you have to understand how often you will lose!

Allow me to explain more with the help of a couple of professors….

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Irrational Behaviour When It Comes To Losing

Back in 1979, Professors Kahnemann and Tversky presented an idea called Prospect Theory, which effectively outlined just how we view success and failure very differently.

Our decisions it seems are often based on what we can win, rather than what we can lose – even if the end net result is the same.
For example, consider two different punters.

  • Punter A places a £25 bet at 2/1 that wins him £50. His total profit is £50
  • Punter B places a £25 at 4/1 that wins him £100. He then places another £50 bet that loses. His total profit is also £50.

When asked to choose whether they would rather be – the vast majority of people would pick Punter A, despite the fact that both Punters A and B ended up with £50 profit.

Its irrational behaviour but it goes to show how the majority of people don’t like losing!

The Pain Of A Loser Is Twice The Joy Of A Winner

This behaviour (or hatred of losing) also feeds back into evidence from studies that indicate that the pain suffered from a losing bet is at least twice as impactful as the joy gained from a winner.

So if you watch every single bet you place – there is a great chance you will end up feeling pretty glum unless a very large majority of them win.

You are ultimately fighting a losing battle…

All of which is why I so often preach the need to be ‘emotionally detached’ from your betting to ensure you can cope with its regular ups and downs.

This simply means you don’t get too wrapped up in the success or failure of your bets – treating both winners and losers the same.

Your bet wins – great. Your bet loses – oh well… Either way you walk away and don’t let it concern you too much.

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Tipster Detachment

A classic example of the need for emotional detachment comes when following tipsters.

After all – there is often no need to watch a race or football game they have tipped up on. If you trust the tipster to be an expert, it’s not as if you need to double-check they know what they are doing surely?

Take for example one tipster I have been in contact with this week as he is offering a free 2-week trial for all SBC members keen to sample his service. He is a long-running Hall of Fame recommended racing tipster of real quality.

Long-term his ROI sits at 21% from 13000 bets, you can obtain the odds on the tips he puts up and he is a very fine judge indeed.

Yet his approach does need a fair amount of emotional detachment due to his strike-rate of just 14.1%, the fact his average odds are 11/1 and given that he backs all his tips to win rather than each way (as quite rightly long-term this makes the bigger profit).

Yet if you flip that strike-rate on its head, it changes from 14.1% of bets win, to 85.9% of bets lose.

Yes, 85.9% of his bets lose – That’s 6 out of every 7 – a ratio that some punters if not setup correctly will struggle with.

Expect A Lot Of Rough With Occasional Smooth…

Given this strike-rate, you do need to expect regular losing runs with this tipster. You can easily expect 10, 15, 20 losers on the bounce.

And with that can come the issues and ‘pain of losing’ I discuss above – especially if choosing to watch every bet or tally up every loser as they come in.

This is where ensuring you are emotionally detached comes in – alongside some sensible betting bank management and a fair bit of patience too.

After all, even after a losing run of 20, you would only need two winners at 11/1 to show an overall profit. A couple more at big prices and suddenly that edge jumps significantly.

This has actually happened several times with this particular tipster – long losing runs followed by a stream of winners.

The trick here is not to panic but stay focused, disconnect your feelings of loss and be confident that he knows what he is doing. He has done it for 8 years after all!

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Not Allowing Betting To Cloud Your Mood

If able to get on top of an understanding as to how you as a punter are impacted by winners and losers alike, it will make a significant difference to your betting bottom-line.

It might also help give you greater peace of mind and even switch off from your betting when it’s all done for the day.

No longer will a winning or losing bet impact your mood – and you will be in a much healthier frame of mind to make sensible betting decisions in the future.

If you are after further help with your betting, then you might like to consider a Smart Betting Club membership. Upon subscription you can download our complete ‘Pro Gambler Blueprint’ PDF which is full of salient advice and expertise such as this to help guide you with your betting.

By joining this May you can also save £16 on all Smart Betting Club memberships to celebrate our 10-year anniversary.

Sign-up today and gain instant access to the Smart Betting Club.

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Free Report: How Rowan Made A 64.4% ROC Last Year With Tipsters

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To help illustrate the profits you can make following tipsters, you must read this very special report from SBC writer, Rowan Day on the performance of the ‘tipping portfolio’ he followed during the 2015/16 tax year.

Download The End-Of-Year Report PDF Here

It covers the profits he made in the ‘tax-year’ April 2015 to April 2016 by following a small amount of tipsters – and the sums he made are very impressive indeed!

All told over the past financial year, Rowan made a Return On Investment (ROI) of 7.2% and a Return on Capital (ROC) of 64.4% from his selection of tipsters.

Applying this to actual monetary sums, a 64.4% ROC would have brought about the following profits:

  • £2,000 into £3,288.00
  • £5,000 into £8,220.00
  • £10,000 into £16,440.00
  • £20,000 into £32,880.00

The Biggest Bang For Your Betting Buck

Real Life Betting For Profit Inspiration…

The tipsters featured in this End of Year Report are the exact same ones that Rowan has been blogging about each week via his special ‘Bet Diary’ for the past 18 months.

Through the Bet Diary he shares the ups and downs of following a tipster portfolio plus his thoughts on each tipster and how/why he follows them.

It’s the perfect companion to our SBC Magazines & Reports and provides practical assistance plus real-life inspiration to those of you keen to do the same!

The Bet Diary and also his regular ‘Practical Punter’ Reports are available as part of the Smart Betting Club service and the Practical Betting Help we offer all members.

Risk-Free Membership

If you are keen to emulate Rowan (or even to simply copy his approach!) then do consider a Smart Betting Club membership.

We provide you with all the tools, information (both theoretical and practical) to help you make the most of betting for profit using professional tipsters.

Best of all – you can sign-up now for either a Gold or Platinum subscription and enjoy a 30-day risk free membership. So if you find our service not to your liking (we don’t imagine you will!) then you can get your money back, no questions asked.

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My Simple 77/1 Winning Bet Strategy

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One of the common questions I invariably get asked when discussing my job is ‘What’s your biggest winning bet’?

Usually, I struggle to recall a huge winning bet as most of my winners come at ‘normal’ prices but this week I picked up a 77/1 winning bet (more about this later on) which has inspired my column today.

This big winner was based on a simple ‘multiple’ betting strategy I have adopted for some-time and one which I feel many other punters might also benefit from. Allow me to explain…

Comparing Single & Double Bet Value

Firstly, I want to set the scene with some mythical fixtures and prices to compare the profits from both single and double bets.

For ease of explanation, let’s imagine that this weekend my beloved Everton are priced at evens (2.0) to beat Man Utd and Leicester are also evens (2.0) to beat Southampton. Effectively they are 50/50 shots.

Therefore, if you are able to get anything above 2.0 (evens) on those matches, then you’ve got a value bet and should make a profit in theory.

A quick check at the fictional odds available at the bookies shows that both Everton and Leicester are available at around 2.20 (6/5).

My options if I wanted to back both are as follows:

  • 2 Single Bets: Back Everton & Leicester at 2.20 as 2 single bets. Potential profit if both win: 2.40 points.
  • 1 Double Bet: Back Everton & Leicester at 2.20 as 1 double bet. Potential profit if both win: 3.84 points

As you can see the double bets will ultimately provide the greatest profit and long-term a 21% Return on Investment. This compares well with the 10% Return on Investment to be had simply backing single bets.

The main difference here comes in the strike-rate as the double bet will only win 1 in 4 times, compared to the 1 in 2 strike-rate the single bets have.

Ultimately it’s this strike-rate for success (50% for single bets vs. 25% double bets) that can make all the difference and really test your patience when doubling up.

The question to ask is if you’re willing to accept the risk of taking a longer losing run in exchange for higher profits?

Treble & Trixies

Whilst I draw the line at placing big accumulators I am also a fan of placing Treble bets or Trixie bets when you have 3 value selections.

It might be unlikely for a 10-fold accumulator to come in, yet it is more than reasonable to expect 3 bets to win or place (if placing an each way treble) every now and then.

For those of you looking to be even more creative, if you have 3 value tips, you might like to try a Trixie bet, which is actually 4 bets in 1: 3 doubles and 1 treble.

You needn’t risk huge stakes on such bets, but they are a nice way to compliment single bets you place and can often pay out big on the occasions they come in.

Which leads me back to my bet earlier this week, where one of my regular trixies came in at decent odds. I placed a £1.25 each way Trixie on 3 horses at 7/1, 9/2 & 4/1, which all duly came in. Thus my £10 staked became £778.20. Click here to see my betslip

Admittedly I got a little lucky as my 7/1 winner was uplifted to 14/1 – but even if paid out at the lower odds, it more than made up for any losses incurred by past losing trixies. As I usually bet them each way, very often I get a few place and wins to make a few quid back and tick me over until these big wins come in!

Bad Single Bets = Bad Multiple Bets

Before you rush off to place a whole series of multiple bets – it’s important to make clear that Doubles, Trebles & Trixies betting is only as good as the bets you are placing or the tipsters you are following who advise the tips.

If your bets don’t make a profit as a single, they won’t magically make a profit when bet as a multiple.

Many mug punters roll up short priced football bets in an attempt to push up their returns with no concept of value. This is why bookmakers sometimes love you betting on doubles and trebles – If not used correctly, they can multiply your losses as well as profits.

My own Trixie selections on the above winning bet were based on tips put forward by some of the high quality tipsters we work with here at the Smart Betting Club.

With access to a number of these tipsters, alongside placing all the single bets they put forward, it’s also sometimes worth the occasional multiple bet when the odds remain in your favour.

For those of you with the patience and foresight to ride the losses in anticipation of the winners when they come, it can add another string to your betting bow.

I do hope you have enjoyed my article today – hopefully its provided some food for thought and options for your betting moving forward.

 

Compound Staking: Turn £1565 into £2968 With This Simple Plan


Our goal here at the
Smart Betting Club is to help you make money from your betting, whether it be for the first time ever or by adding to what you are already making.

(We seem to be achieving this goal too as 85.1% of members reported they made a profit last year)

Yet once you start making money betting – how then can you best keep doing so and most crucially of all…maximise the profits you are making?

The answer often lies in your staking…as by doing so shrewdly, you can make your profits go that much further. After all, the money you put on the right bets from the right tipster, the more you will make.

Yet when exactly should you increase your staking and how and when should you do this?

Allow me to explain just one example way to do so whereby a simple tweak in staking following one tipster could have made a major difference to your profits…

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The 1-Bet-A-Day Tipster & Its Profits…

As part of an in-depth racing tipster review due to be published in the next SBC Magazine (Issue 96 out next week) we spent some time analysing the different staking plans you could use if following their advice and how to maximise your profits.

To set the scene first of all, this racing tipster has a profitable record dating back to 2009 as follows:

1betaday-tipster

It’s fair to say the record is OK with only a 5.2% ROI and 156% ROC (AKA betting bank growth) over 2,400 bets. Certainly it isn’t the flashiest of services, yet does appeal to some due to the steady profits made, consistency and professionalism.

After all, how many tipsters have been going since 2009 and have consistently made a profit from a simple 1 bet a day strategy?

Yet it is this 1 bet a day strategy and the strike-rate of 34.9% that made us take a look at alternative ways of staking when following this tipster, including a method called compounding.

Compounding is effectively where you re-invest your profits to make your stakes bigger. When done right it can be highly effective and equally when done badly – very damaging so you need to know what you are doing.

There are many different ways to compound your stakes but we chose 4 simple and logical example methods as part of our analysis. Below you can find what out exactly what we uncovered.

For each of our calculations we used a £1000 financial starting point and an 80-point betting bank – which is what we advocate for this tipster.

One Tipster, Four Different Ways To Profit

1. Level Stakes = £1565 Profit (156.5% ROC)

For this first method, we wanted to see how much money would be made if we put the same fixed stake on every bet since 2009.

Your profit through this method would be £1,565 or 156.5% ROC and you can see some of the other key calculations such as max drawdown (the biggest drop at any point) in the table below.

level-stakes

2. Compound Stakes = £1999 Profit (199.9% ROC)

In this second method, we calculated what would happen if you adjusted your stakes after every bet. The stake would be 1/80th of your ongoing betting bank.

This method would have made you a much larger profit of £1,999 (199.9% ROC) although the worst drawdown would be that much greater at £1,809. As your profit grows, so does the risk.

compound

3. Compound Stakes 100 = £2379 Profit (237.9% ROC)

In this third method, we calculated what would happen if you adjusted your stakes after every 100 bets. The stake would be 1/80th of your ongoing betting bank.

This approach would have grown your profits further to £2,379 (237.9% ROC) and the max drawdown increases only slightly.

compound100-takes

4. Compound Stakes 25 = £2968 Profit (296.8% ROC)

In this final method, we calculated what would happen if you adjusted your stakes each time your bank grew by 25%. The stake would be 1/80th of your ongoing betting bank.

Taking this approach would have made the most profit with £2,968 (296.8% ROC).

compound25percent

 

The Tipster Profit Train

 

Greater Risk, Greater Reward

Although these compounding methods do increase your profits, it is worth noting this does come at the expense of extra risk. The max drawdown more than trebles for each compounding method compared to fixed staking and you do need to be prepared for this. As with any investment, the greater the reward, the greater the risk.

Of the 4 methods above, the Compound 25% approach came out on top in terms of overall bank growth and would be our suggested approach if you wanted to move away from level staking.

Its appeal likes in the fact that you only increases stakes after a 25% profit has been made. The downside of the other methods such as the Compound 100 is that you are adjusting your stakes after 100 bets, whether or not you have made a profit or not.

More Professional Tipster Analysis

If you enjoyed this analysis, you can read the full rundown of our findings when SBC 96 is published next week. Alongside this review, we are also featuring 3 other tipsters across a variety of sports and each with a profitable history of making money betting.

For each tipster we review we provide betting bank and staking plan analysis – to enable you to set your betting up in the most professional and profitable manner possible.

So if you are looking for the best advice on how to make money with tipsters – sign-up for a Smart Betting Club membership today.