Anatomy of a profitable tipster: 5 KEY pointers to find a genuine tipping expert

Posted on March 23, 2018 by Peter Ling

I recently released the 2nd review from SBC’s 2018 Best Tipster Guide, focusing in great detail on one of the very best tipsters my review team and I have ever had the pleasure to examine.

But exactly what is it that the SBC review team (and therefore you) should look for in a tipster?

And what qualities does a tipster have for us to enter it into our Best Tipster Guide?

To help answer these questions, today I want to explore the anatomy of a profitable tipster with 5 KEY pointers for you to consider when weighing up whether a tipping service is for you or not.

To help, I will be using this latest Best Tipster Guide expert as a reference point and tackling topics like staking plans, profit levels, exchange backing, odds availability & much more besides…

Here then is my 5 point guide to finding a genuine tipping expert...

1) Long-term, consistent & realistic profit

Just like football managers, tipsters live and die based upon the results they achieve. If they don’t make a simple profit for you (over and above the cost of joining) then there really is no point to them.

Once there is a profit to view, then its also important that it is both relatively consistently achieved and realistic. You would be amazed at how many ‘profitable tipsters’ are nothing of the sort on this front.

For example – I recently explored a tipster with on the face of it a profitable record from over 800 bets, yet by digging into their results I found this record was massively skewed by a 200/1 winner. The profits from that 1 bet aside, the service had made a combined loss from the other 799 bets!

Contrasting with this, our Best Tipster Guide (BTG) expert has a consistent, long-term record with a profit from each season active. Some seasons higher, some lower but each profitable and an average seasonal profit of around 45 points.

This general consistency is further backed up by the profit graph below that is useful as we can see any spikes (like a 200/1 winner) that might suggest problems.

Beyond a small plateau between the 600 and 700 bet marker, its been generally smooth upward progress for our BTG expert.

2) A staking plan that works

When a tipster has a profitable strategy, one other simple way they can maximise this is through a staking plan.

The theory here is that you should stake more when there is greater perceived value from a tip and less when the opposite applies.

Once again our BTG expert ticks these boxes and by viewing their staking plan, we can see how the greater the amount staked, the greater the ROI.

For example, the smaller staked bets (0.25 points) return a 16.8% ROI, whereas the maximum staked bets (1.5 to 2 points) hit a 38.8% ROI.

Proof positive this expert knows where the value lies as the greater you stake, the greater your profit.

3) Odds you can actually get

In today’s modern betting world, we must also be aware of the issues we might suffer in trying to get our bets on.

Bookmakers shift prices very quickly at the smallest sign of shrewd money on a racing bet, especially those placed early away from the big race meetings.

Even if you do manage to obtain a good price for your bet, if it should win and especially if it shortens in price dramatically before the off, you run every chance of suffering a bookmaker account restriction or closure.

Which is why its important to follow a tipster that takes this into consideration. If they are putting up a 33/1 hot racing tip at 6pm the night before racing and not accounting for any price movement should the odds be slashed, its a problem.

Again though, our BTG expert leads the way here with a policy of only tipping in big races, when markets are already formed and when you are able to back them easily in shops.

He explains more on his fair policy here:

“Whenever I issue a tip now, it is my belief that it is possible for people to back it in bookmaker shops, should they choose to do so.

So, if I issue a tip the day before a race, it will be in races which are generally priced up at that time; whilst those tips issued in the morning, are only issued when shops are open and the horses can be backed within them.

I’ve actually got a few guys in the service who do exactly this (they have no online accounts) – and they achieve around 90% of the prices by backing in shops.

This also means that the prices of all the tips are relatively robust, because the markets have some maturity. Therefore, it should be possible to back the horses at (or close to) the price specified an hour or so later both with bookmakers and on exchanges.

My focus on big races, helps massively in this whole area, because they tend to be competitive fields, and therefore most of the horses get backed.”

4) Backable on the Exchanges

Leading on from this last point – if you are restricted or shut down by the bookies, then the best route open to you is that of betting exchanges.

Smarkets, Matchbook & Betdaq are all now improving, low commission alternatives to Betfair and offer a genuine route to punters unable to bet with bookies.

Exchanges allow you to win as much as you want and won’t shut you down. They welcome your business, even if you are a winner.

Best of all, our BTG expert is one you can follow on the exchanges with only a 2.6% ROI drop (after exchange commission) from the sample of data we gathered following them with Smarkets.

So rather than obtaining the 30.1% ROI as seen in my first point, you might instead make 2.6% less = 27.5% ROI. Still a very strong edge.

During the study, bets were generally placed between 9.30 and 10.15am, roughly 45 minutes to 1.5 hours after bet release.The sample size was decent – 508 bets and in short, the results demonstrated that backing these selections on big race days is viable on the Exchanges:

5) Affordable & easy to follow

Last but not least, there are some sensible things any good tipster will think about – namely the price and how and when they supply tips.

The price is right

The cost of any tipster should be reasonable and will allow you to make plenty of profit beyond it. The profit also should be within your reach to make a profit without staking at huge levels.

Our BTG expert charges just £250 for a full NH season and averages around 45 points profit each time out. Even a simple £50 per point strategy would see you make around 10X the cost of joining in an average season.

Time of bet supply

Its important to also have a clear understanding of how many bets are supplied by the tipster and when they are sent on.

If tips come through at random times with no warning then realistically how are you going to be setup to follow them properly? They might send them at 10pm one day and 10am the next. If you need to get on them quickly then you will often miss out on value altogether.

Again, the BTG expert ticks the boxes here as he uses three possible tipping windows: 17.00-18.00 the evening before racing, 8.30-9.30 am, and 11.00-12.00am.

You know therefore when to look out for possible bets and when exactly they might be heading your way.

Thanks For Reading..

Hopefully these 5 key points will help to guide you towards those genuinely profitable tipsters that can help you make money betting.

There are naturally more than just 5 points to consider for every tipster but the 5 above are some of the most important and where many punters are unwittingly caught out.

Reviewing and tracking tipsters is what we do best here at the Smart Betting Club – having been at the heart of the industry since 2006.

For those of you after more information on our service, you can read about our tipster review process here and crucially our 100% independent stance.

More details on the Best Tipster Guide can also be found here.

Save £45 Right Now

By joining the Smart Betting Club today, you can also save a whopping £45 on the usual cost of a Platinum ‘Pro Punter’ membership (which provides access to the Best Tipster Guide)

This is because we have slashed the price of joining to ensure as many people as possible have access to our reports, magazines and guides.

We know we can make a difference to your punting – so why not sign-up right away and get started immediately. (There is a 90-day refund guarantee available after all)

See you on the inside.

Best Regards,

Peter Ling

Smart Betting Club Editor

pete@smartbettingclub.com

SBC Guide: How To Improve Your Profits With Betting Banks

Posted on October 27, 2017 by Peter Ling

One of the simplest, yet most important things you can do when following a tipster, system or even your own betting – is to setup the right betting bank.

And whilst betting banks might not be the ‘sexiest’ topic in the world, getting them setup right can make a massive difference to your betting bottom-line.

In today’s email I am going to show you just how using the real-life example of the SBC Hall of Fame tipster that turned £2000 into £6,278.80 (after fees) using a betting bank.

(Best of all – even with a £500 betting bank, you will have made a profit of over £1200 in the past 12 months, so you don’t need large sums to get going!)

Betting banks are also hugely important as I have seen too many people lose money they shouldn’t have, simply because they didn’t set one up.

And the daft thing is – they are so easy to understand and implement, that once you start working to a simple betting bank, you won’t look back! It will become your default thing to do whenever you follow a new tipster, system or method.

After all anything that can help minimise losers and enhance winners has to be a good thing right?

What Are Betting Banks?

Firstly then, a short guide to what betting banks are and how they work from the point of view of following a tipster service (like the many we recommend here at SBC).

Simply put, 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 return. I.e. the biggest bang for your buck!

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.
Stop you from going bust!
Keep your staking nice and consistent.
Help to maximize effectively how much profit you make during the good times.
Help you keep a track on how much you are making overall!

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 before I talk more on that, first 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:

1. Points Betting Bank (PBB)
2. Financial Betting Bank (PBB)

1. Points Betting Bank

Most tipsters will advise staking in terms of ‘points’. This generally varies from 1 point up to 10 points.

A Points Betting Bank will then tell you how much to stake in real £ (or euros, dollars – whatever your chosen currency) 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 how to make this calculation later.

Points Betting Bank: Rule of thumb

For each tipster we monitor here at SBC, 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 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, you know we have your bank and back covered!

2. Financial Betting Bank

Of course the amount of money you can actually make from following a tipster 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 tipster.

This should be a lump sum of money you have available for investment and should be separate to funds needed for living expenses

“I have made around 20k per year extra”…

“I used to work as trader for Paddypower and Sportsbet so i have an obvious interest in betting. [Using Tipsters] I have made around 20k per year extra.”
As written by Justin – An SBC member since December 2013

Click here to read more from Justin on his SBC membership experience

Real Betting Bank Example – Top Racing Tips

To show how the PBB and FBB come together, let me use a real life example as taken from a recent Tipster Profit Report.

This example tipster is very profitable indeed, although as its identify is reserved for SBC members only, for the purposes of this email, l will call them ‘Top Racing Tips’.

Our points betting bank recommendation for Top Racing Tips is 100 points.

This 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 made you 336.44 points profit to their advised staking.

Let’s say we decide to follow Top Racing Tips with a FBB of £2,000 in real money.

We then divide the FBB by the PBB to get our staking per point.
2000/100 = £20. Therefore £20 is our stake per point.
As this tipster made 336.44 points over the past year, we multiply that by your stake of £20 over the past year.

That brings an actual real world profit of £6,728.80

This particular tipster charges £135 per quarter or £450 for annual membership so even if deducting a full year’s subscription, you still would end up nicely in profit.

After fees, a £2000 betting bank over these 12 months would have made you a clear profit of £6,278.80

Profit Figures To Smaller Banks

Of course, you don’t need £2000 to follow this tipster.

You can make a tremendous profit with much lower financial betting banks as follows:

£500 bank = £5 per point. Annual profit of £1682.20 (before tipster subscription fees – we recommend the £450 lifetime membership option)
£750 bank = £7.50 per point. Annual profit of £2,523.00 (before tipster fees)
£1500 bank = £15 per point. Annual profit of ££5,046.60 (before tipster fees)

All of which just goes to show you don’t need to break the bank to get started betting for profit.

After all, there is absolutely no harm in starting small with your betting and developing it as a platform for long-term success.

You should never feel pressurised to instantly start making thousands of pounds in your first few months. Instead, simply allow the returns to gradually evolve over time.

Many of the tipsters we recommend have been making their members money for several years, so there is no rush to make large sums quickly.

More In The Pro Gambler Blueprint

If you are after professional guidance on the right betting banks to use – then the Smart Betting Club service can help you.

Firstly, for every tipster we rate, review and recommend we provide a tailored Points Betting Bank recommendation. So you know exactly what you need to get started.

We also provide more detailed advice on betting banks via the in-depth Pro Gambler Blueprint we supply to you as a new Smart Betting Club member, 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

Access to all of this and more is available the instant you join us at the Smart Betting Club.

Best of all, you can currently save up to £38 on the cost of subscription so don’t delay, sign-up right now and let us help you get started betting better right away!

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