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🎧Tipster Follow Up: Matthew Trenhaile On Tipsters🎧

Posted on by Josh P

As a follow up to SBC Podcast #78 (which I have linked up below incase you missed it), today, we were joined by Matthew Trenhaile to talk about all things tipsters.

Matthew has been a long time user of the Smart Betting Club (he even goes back to the Secret Betting Club days!) and he has many views on how to assess tipsters that were as interesting as you would expect!

Click here or on the image below to listen to this chat with Matthew, Pete and Josh – we have nearly 2 and a half hours worth of ‘Trench’ content from this week and you can get stuck into all of it from this page!

In this chat, Josh and I asked questions relating to:

  • Why tipsters do what they do and why ‘not being a millionaire’ is not a reason to ignore them
  • Trench’s favourite tipsters and services he rates highly
  • Matthew’s process for assessing tipsters and ‘bare minimum’ requirements he has
  • Intricacies between data driven selections and more nuanced expertise that tipsters can possess
  • CLV, bookmakers’ responses to bets and edges that can go unnoticed
  • Oddschecker’s ‘Betting Professor’

If you want to listen to the aforementioned SBC Podcast with Trench, you can do so here:

You can listen to Episode 78 via Apple / Spotify / YouTube and all other major podcast directories (search Smart Betting Club)

🎧SBC Podcast #78 – Matthew Trenhaile Answers YOUR Questions In This Special Episode!🎧

Posted on by Josh P

In the latest SBC Podcast I am joined by a guest that I have been chasing and cajoling for for a long, long time!

Matthew Trenhaile (or ‘Trench’) has worked in various roles within the industry for operators such as Mustard Bet and most recently, Pinnacle.

Alongside this, he has compiled odds for several sports, worked at spread firms (in both betting and finance) and developed an insight into the betting ecosystem that few possess.

Trench’s newest venture is a consultancy, Anubis Trading, and with the launch of his own business, he has been on somewhat of a ‘whistlestop tour’ of leading podcasts in Europe, North America and South America.

With that in mind, we did something a bit different for his appearance on the SBC Podcast, with an ‘Ask Me Anything’ special where you, the audience, posed questions.

Those questions and Trench’s answers can be found below with everything from sharp bookmaking, tipsters, moral questions and even ice cream covered. Enjoy!

You can listen to Episode 78 now via Apple / Spotify / YouTube and all other major podcast directories (search Smart Betting Club)

You can also support the SBC Podcast by visiting our brand new podcast sponsor, Matchbook. You can get 150 days, commission free with them via this link.

In this chat, Matthew and I talk about:

  • 97% lose – why do sportsbooks limit winners?
  • Why has Pinnacle not been imitated?
  • Pinnacle never restrict – or do they?
  • What does the future look like for crypto books?
  • Polymarket – what does Trench think?
  • Who is shaping the UK & Irish horse racing markets?
  • Steam Chasing
  • BSP betting – skill or variance? How do we assess this?
  • What are the best edges Trench has ever seen?
  • The best ever bettor in Trench’s opinion?
  • Why isn’t Matthew a pro gambler?
  • Racing punting and sharing picks publicly!
  • Using tipsters
  • The morality of the betting industry
  • Tips for a 20-year-old starting out
  • 5/2 on a coin toss – how much is Trench having on?
  • Ice cream discussion
  • Anubis Trading and where to find Matthew

This will no doubt be one of our most popular ever podcasts and the fact that it went well over an hour (whilst feeling like a lot less!) demonstrates how much we talked about!

Matthew mentions a topic very close to your collective hearts as SBC Members and followers during the chat and a follow up may be a lot sooner than you think. I will let you know when that’s set up – in the meantime, enjoy the show!

🖋️ Mads Kindberg Nielsen: Mastering The Mental Game In Sports Betting 🖋️

Posted on by Josh P

Mads Kindberg Nielsen was a recent guest on SBC Podcast #77 (links for which are below) and at the end of that chat, he talked about betting psychology with some practical tips to improve performance, whatever level of bettor you are! With Mads’ permission, we have translated a post where he writes about this (that he released in Danish at https://monetosbetting.dk/kindbergs-corner-hold-styr-paa-hovedet/)to read here. No edits have been made to the text – here it is:

Mads Kindberg Nielsen, co-owner of Monetos and long-time successful sports bettor, writes blogs on relevant topics within the betting world. The blog only expresses the writer’s opinion. 

You have to master the mental game in sports betting.

If you don’t have your head down, you can’t call yourself a good sports bettor. It’s that simple in my world. With the exception of responsible gambling/bankroll management, it is the most important feature in sports betting.

‘But what about my mathematical skills, my ability to read a football match or my large database of all sorts of statistics,’ you might think.

My answer: It doesn’t really matter if you piss off the entire month’s profit – or MUCH worse all your money – on one bad day, because you have played badly and irresponsibly and not been there in your head!

We sports bettors are constantly practicing to get better. We put an extra column in the spreadsheet with new numbers, so our model is (possibly) 0.3784% more accurate. We see extended highlights instead of just the goals. We read more and more news about each team and its players. Perhaps one more piece of news is just what gives us an advantage in the market?

In other words: We are working on our A-game. We optimize our A-game. All the time. And that’s fine enough.

But we forget our B- and C-game.

Same mechanisms as in poker

I once read a book called The Mental Game of Poker written by American Jared Tendler. It’s about poker, but the same mechanics apply in sports betting, and it helped me see my game and myself in a completely different light.

When we play our A-game, we’re in the zone. We find the right statistics and use them correctly. We don’t get emotional about overtime scores. Instead, we move on to the next analysis, which we can put our A-game into – WITHOUT changing the bet because ‘what is lost must be won back home’ or other stupid things that our emotions can tell us. No, we stick to the overall strategy of bankroll management and responsible play when we play our A-game.

In our B-game, we still make good decisions – for the most part. Maybe we get a little disturbed by a phone, a screaming baby, maybe we do our analysis with one eye while the other watches the football game on television. The analyzes are not quite as thorough. Overtime scores hurt a little, and we feel how the irritation is slowly moving us further and further towards the place we don’t want to go in any way: Our C-game.

In our C-game, we are on tilt. We make bad bets because we are in the throes of emotion. The brain hides under the desk or in the broom closet, while the emotions control the body and our actions. We no longer want to do the analyses, and the pulse is galloping away. The mouse clicks become harder in frustration, maybe we even slam our hand into the wall or the screen. All rational thinking has been flushed down the toilet, and the worst case scenario is that in our C-game we abandon our overall strategy and, in the worst case, play up our entire bankroll – and maybe even more. No thanks, right?

The next time you feel your C-game, STOP. Make something else. Be with family, friends, watch a good film, go for a walk with the dog. For God’s sake stop playing – and never consider playing again if it’s really bad.

When you’ve cut your C-game completely, you only have your A- and B-game left. So far, so good. So what do you do when you find yourself playing your B-game?

The answer should be self-evident: Then you stop, of course, because then you only have your A-game left.

Mads

You can listen to Episode 77 now via ​Apple​ / ​Spotify​ / ​YouTube​ and all other major podcast directories (search Smart Betting Club)

You can also support the SBC Podcast by visiting our brand new sponsor, Matchbook, with whom you can also get ​150 days commission free via this link​.

🎧SBC Podcast #77 – Mads From Monetos On In-Play Football Betting & Betting Psychology🎧

Posted on by Josh P

In the latest SBC Podcast I am joined by Mads from the in-play football tipping service ​Monetos​ and am pleased to welcome for the first time – our brand new podcast sponsor – ​Matchbook​.

In-play betting has exploded in popularity along with the ‘smartphone era’ and for the most part, it is seen as a very difficult nut to crack, with high overrounds, issues around data feeds and a more complex modelling task all providing challenges for serious bettors.

This does have advantages for the sharp eyed bettor and Mads and his fellow experts at Monetos, have found a way to use their expertise to profit in this market for themselves and others.

Alongside his betting, Mads is a former poker player and journalist so in our chat we talk about how this has shaped where he is today. Betting psychology and mentality are also topics that Mads has written extensively about. This was a brilliant chat which I got so much from – I hope you do too!

You can listen to Episode 77 now via ​Apple​ / ​Spotify​ / ​YouTube​ and all other major podcast directories (search Smart Betting Club)

You can also support the SBC Podcast by visiting our brand new sponsor, Matchbook, with whom you can also get ​150 days commission free via this link​.

In this chat, Mads and I talk about:

  • Mads’ varied professional life
  • Poker and getting a ‘proper job’ in journalism
  • Monetos and Mads and his partners’ vision for the business
  • Balancing a business and betting (& how the relate to each other)
  • Working in a team and finding value together
  • Betting In-Play, why Mads like it and why it offers some hidden benefits
  • Timing and the practical issues that come with having 3 ‘betting games’ at a time!
  • Pricing, bookmakers’ efficiency in getting things right (and where they don’t!)
  • Challenges with data, feeds and latency in information arriving
  • Stoppage time and how extended extra minutes have changed the dynamic of games
  • Pre-match vs. In-play and which markets Mads prefers
  • Monetos, its performance and getting on with exchanges
  • Betting psychology – what is the difference between winners and losers?
  • Mentality in life
  • Mads’ future plans
  • Where to find Mads

Learn More

In-play betting is an area that is under-served in the tipping world and having a team of the calibre of Monetos’s means that there is an excellent option if it is something that interests you. If you would like to learn more, full records, FAQs and sign up options are available to ​view here​.

If you would like to follow Mads on social media you can do so on X ​@MadsKNielsen​. The article about betting psychology that we discussed at the end of the podcast can be ​found here​.

Monetos can be followed ​@BettingMonetos​ and their site (which is excellent when using a translation tool!) can be ​found here​.

As ever, if you have any topics or areas of the gambling world that you would like us to discuss, please get in touch!