A £25 an hourly ‘wage’ from betting – an interview with the punter making it pay

A new betting blog arrived on the scene recently entitled ‘Making Punting Pay‘ and similar to our Bet Diary here at SBC, it features weekly posts from one punter discussing exactly how he is doing exactly that – making his punting pay by using tipsters.

His punting year runs from the 1st July to the 30th June and last year he posted a profit of £10,395.28 so he clearly must be doing something right!

After reading a few posts, I reached out to find out more and ask if I could interview the punter behind the site to find out more. He kindly agreed and below you can read my Q&A with him on his blog and his quest to make profits with tipsters.

It is worth pointing out that prior to reaching out for this interview, I had no idea who this punter was and although it turns out he is a Smart Betting Club member, that is the only connection between SBC and his blog. He writes it 100% independently.

An Interview With The ‘Making Punting Pay’ Blogger

1. Hi MPP, Can you tell about why you decided to start your new blog and what your goals are for it?

I’m a keen reader of Rowan’s Bet Diary and shortly after joining the Smart Betting Club a few years ago I became aware of his earlier The Portfolio Investor blog. I decided to sit down and read it from start to finish over the course of a few weeks and the things I learned were invaluable.

For me it’s probably been the best source of information I’ve found for anyone doing this sort of thing and being able to relate to situations and see how Rowan dealt with the practical side of things was extremely useful. So I suppose I’m hoping that by starting my own blog, others will find this half as useful as I found Rowan’s.

I’m also hoping it’ll help me maintain discipline to reduce the number of mistakes I make, but I’m also quite excited about how things will develop over the next few years so being able to share that with others will be nice.

2. Many readers will be wondering how much time you spend betting on a daily or weekly basis and exactly how you juggle this with your family life and work commitments?

It’s tough to put an exact figure on the time spent betting. Placing the bets doesn’t take up a lot of time at all, maybe approx. 3 hours over the course of a week give or take. I also keep accurate records of all the bets placed, deposits and withdrawals, checking winnings have been credited correctly etc. which probably amounts to another 3 hours and I also like to find out the result of each race by watching the replays which adds another couple of hours.

So when you add all of that up I probably spend around 8 hours per week betting, but that’s not taking into account everything else betting related i.e. reading articles, checking twitter, thinking about the portfolio etc. but those things are inevitable since it’s an interest of mine.

I try to keep disruptions to family life and work to a minimum but clashes are inevitable around the time emails come in if you want to achieve best prices, however once bets are placed I try to ensure betting doesn’t affect my normal day.

Having a good smartphone assists with this and allows you to bet on the move with email notifications and betting apps and also allows you to watch replays and check scores etc. to avoid the need to sit down in front of the laptop each night.

3. Have you ever worked out what your ‘hourly rate’ would be if you took your profit tally from last year (£10,395.28) and divided it by the amount of time you put in?

I’ve never thought about this but if I use my 8 hours per week figure then I make the equivalent of £25 per hour betting. Not bad for being tax free!

I make the equivalent of £25 per hour betting. Not bad for being tax free! 

4. There are many ways to make a second income these days, so what to you is the appeal of following tipsters and betting to do this?

There may be many ways to make a second income but I can’t think of many that provide the ability to build your bank as quickly as this. The added bonus is that it’s an enjoyable hobby and I get to make money while enjoying the sports that I’d be watching regardless.

5. In your first post, you shared your profit figures in your journey so far, whereby it was noticeable how between January 2015 and January 2017 you made a loss. What is it that changed for you in 2017 as you went from posting an overall loss to making improved profits?

The turning point was actually the start of 2017 although the first 6 months of that year were spent steadying the ship. Before that I was naive and joined too many tipsters in a short space of time without having a sufficient betting bank. I had won a bit of money with one or two services and thought that the easiest way to increase my profits was to join more services which ultimately was my downfall.

I was naive and joined too many tipsters in a short space of time without having a sufficient betting bank

A few suffered drawdowns at the same which led to my bank going bust. This also meant I could no longer afford to follow the tipsters I had paid for meaning I also pissed the subscription fees up against a wall.

At the start of 2017 I decided to start over again with a modest bank and carefully selected one service to join and rebuild things. Fortunately things seem to have worked out but I’m still aware of the mistakes I made and I’m cautious not to fall into the same trap again.

6. Do you mind sharing a little bit about how you choose the tipsters you do? What do you look for before you join a service?

It’s a variety of things really. Firstly, I like to follow tipsters who specialise in sports I enjoy as I like to watch my bets unfold when possible. I can’t see myself following a cricket or American Sports service any time soon!

Secondly and most obviously, a tipster has got to have a proven long term record and offer good ROI (Return on Investment) and ROC (Return on Capital) potential to make it worth the effort.

Other things such as tipping window, odds availability and workload also come under consideration and I also like to analyse historical performance to try and identify potential ways in which I can tailor the way I follow a tipster in an attempt to generate higher ROI/ROC or even just to simplify the bet placement process providing it doesn’t impact profitability too much.

A tipster has got to have a proven long term record and offer good ROI and ROC potential to make it worth the effort

There are two services in my current portfolio that I follow differently to the official advice. One I bet win only rather than each way due to historical performance informing that a higher ROI and ROC can be achieved, and another who I follow to level stakes since historical performance indicates smaller drawdowns which means stakes can be increased leading to higher ROC potential.

7. What has been the biggest challenge for you in following tipsters to make a second income?

The biggest challenge I’ve faced is re-programming myself mentally after busting my betting bank. It took a bit of faith to continue and allocate new funds after witnessing how easy it was to lose money doing this if not set up correctly.

I went from following 8 guys down to 1 so my betting activity reduced dramatically and at times it felt like I was moving at a snail’s pace going nowhere fast. This is when I realised that it’s a long term game with success built on solid foundations rather than expecting instant success.

it’s a long term game with success built on solid foundations rather than expecting instant success. 

8. How about dealing with bookmaker restrictions as I can see from some of the tipsters you follow (at least those I recognise) that you seem to be choosing those who quote fair odds in markets lesser affected by this issue. Is this a deliberate ploy on your behalf and what is your plan for countering restriction issues?

This is by far the biggest issue for anyone having a molecule of betting success. I’ve worked my way through a few pseudo accounts but have reached the point where I no longer see the point in continuing to do so as you’re closed down before you’ve had a chance to make any profit these days.

I’ve still got one original account that has remained opened, I expect due to being a long term losing account for years so that combined with the introduction of firms offering a minimum bet liability have been a god send.

I also try to split stakes and not bet more than £50 on any account and have also learned to be more patient and not worry if advised prices aren’t available with the firms I can bet with…you’d be surprised how many tips drift back out to the advised price on the exchange nearer the off.

This is definitely something I consider when choosing tipsters to follow and can see my betting activity becoming more exchange orientated going forward.

9. Finally, what are your hopes and goals for the blog and your betting moving forward?

I noted your own personal bets made a loss of £3107 last year – do you intend to stop these and what plans do you have for adding in more tipsters and/or increasing stakes in the future?

I haven’t really given much thought as to where I want the blog to go. I think what I’m doing is interesting and I’m sure others will enjoy reading about the ups and downs and will be able to relate to my experiences.

My friends and family enjoy a bet but none take it too seriously so being able to interact with people with similar interests via the blog will be good.

As for the betting…I’ve actually just published a blog post about my targets and long term goals etc. where I touch on this sort of thing. I do have an idea in mind for what I see as the ideal portfolio which will involve adding more tipsters and increasing stakes over time, but I’m in no rush to do this.

It’s important that I reduce the risk as much as possible and only increase stakes or add more tipsters when my betting bank allows

It’s important that I reduce the risk as much as possible and only increase stakes or add more tipsters when my betting bank allows. With regards to the personal bets…I don’t intend to stop them completely but I do intend to reduce the number of bets and size of stakes. I want to try and remove the temptation to throw on daft bets while watching the football and learn to enjoy the game without having a bet. However, I don’t think there is anything wrong with continuing to place the odd lucky 15 using the tipped horses in an attempt to win the jackpot or throwing on a Saturday football accumulator for interest while watching the scores provided stakes are kept under control.

Read More Tipster Blogs Weekly

My thanks to go to the punter behind the Making Punting Pay blog for taking the time out to answer my questions. I also wish him the very best of luck with his blog and of course his tipsters for the 2019/20 season and beyond.

I encourage those of you interested in reading more to check out his blog at https://makingpuntingpay.blogspot.com/

For even more real-life insight on running a tipster portfolio, you can also read SBC’s very own blog at the Bet Diary.

If you have been inspired by the Making Punting Pay blog, then don’t forget you can join the Smart Betting Club for our lowest ever prices in 2019 and get started on your quest to make money betting.

Best Regards

Peter Ling

Smart Betting Club Owner and Founder

Interview with the punter making 5 figure profits annually with tipsters

For a bit of a change, today I want to share with you my interview with one long-term SBC member, Dave, on how he runs a successful tipster portfolio – one that now makes him a five figure profit each year.

Having exchanged several emails with Dave over the years, I approached him earlier in 2019 to ask if he would be willing to reveal more on how he does it and to share some of the secrets behind his success. The idea being to provide some real-life inspiration and guidance as to how he is making money betting using tipsters.

Thankfully, Dave was only too happy to help answer my questions, including details on a few of the key tipsters he follows and how he juggles the practicalities of running a winning portfolio.

I have published Dave’s interview in full below for you to enjoy. Note – Dave is not his real name as I have changed this in order to protect his identity from prying bookmakers!

For those of you keen to emulate Dave, you can now take advantage of our lowest EVER Smart Betting Club membership prices for 2019 to see how we can help your betting.

INTERVIEW WITH A WINNING PUNTER

SBC: Hi ‘Dave’, thanks for agreeing to be interviewed. I appreciate you wish to keep your exact identity a secret, yet first, I wondered if you could reveal a little bit about when you started betting and what first attracted you to it?

Dave: I have always loved sport and have a passion for numbers and statistics. I guess it started way back with the Littlewoods pools coupon and trying to put my knowledge to good use – It never did though!

With the internet age and betting explosion that followed, I was drawn into betting online and have never looked back since!

SBC: In terms of using tipsters, why did you start using them rather than placing bets off your own steam?

I had never really thought about using tipsters before, but when I investigated it further, it seemed logical to find out a bit more information about them to try to increase my profits.

That was back in 2014, when I first joined the Smart Betting Club (or Secret Betting Club as it was then) and since then I have developed a keen strategy for making profits using tipsters

SBC: Can you remember the name of the first tipping service you joined and your experience with them?

I had used the Timeform ratings for a number of years, but the first service I used was back in March 2014, just before the Cheltenham Festival. It was called Betting Emporium and run by a couple of guys I knew from the poker scene.

They tipped Lord Windermere to win the Gold cup at 40-1 and Tiger Roll to win on the same day, which won at 10-1. I guess from that moment on, it seemed like a good idea to investigate the idea of tipsters further!

SBC: That sounds a really nice way to start to your tipster journey and I imagine the guys you mention are Neil Channing and Joe Beevers, two punters who I’ve long looked up to myself. We proof the Betting Emporium here at SBC and have been impressed with the quality of service on offer. Before I ask you more about the tipsters you use, can you outline the sports you bet on and why?

The main sport I follow from a betting perspective is Horse Racing. With bookmaker restrictions I have tried to diversify my portfolio, but nothing has really stood the test of time for me.

So, my portfolio is around 90% Horse Racing, with Football/Golf and NFL making up the final 10%

SBC: Mostly horse racing – very interesting. How many tipsters do you follow, or have you followed in the past as part of your ‘portfolio’?

I totted up how many tipsters I have used in the last 5 years for this interview and was amazed to see it stood at 181 in total!

In terms of those I actively follow, I have a dozen now that I subscribe to, although a few of them I am just watching at the moment. The truth then is that I am placing bets with my own money from the bets advised by only 8 to 10 tipsters currently.

Interestingly 5 of these tipsters I have followed since 2014 with the others added more recently. All bar two in the portfolio are tipsters that the Smart Betting Club recommend.

SBC: Wow that’s a lot of tipsters! How many of the 181 have you watched but then decided to give a miss? Can you also outline how long you ‘watch’ a tipster for?

Most of those I have subscribed to as part of that group of 181, I will give a miss. This is because I prefer to simply watch a tipster for up to 6 months in order to see if they will deliver for me and how I like to bet.

Of those I have watched and walked away from – a lot of the time their results were not profitable in terms of how I would like to follow them. They might well be profitable for others – but they don’t fit into how and when I like to bet (or indeed can bet) so it’s a very important part of my analysis.

SBC: And what about the 5 tipsters you have followed since 2014 – any you care to reveal?

The longest serving tipster in my portfolio is Kieran Ward’s Morning Value Service – which I know you rate very highly at SBC.

SBC: Do you have any preference for the type of tipster you like to follow and what is it you look for when evaluating them?

The most important factor is that I like to know when the tips are coming out, so I can make myself available to bet. I also prefer tipsters that supply information later in the day, as it is much better for account longevity from a racing betting perspective.

I also keep my own record to monitor the odds a tipster quotes and those I can take. For example, I don’t place any racing bets before 10am, so any tipster issuing bets before this time might not work for me – especially if their tips see significant support before I can get on.

SBC: The 10am start point makes sense as betting before that time on racing is known to cause problems. Can I ask what you do when the odds move on an advised bet from a tipster in your active portfolio? Do you take the lower 10am price?

I don’t like betting too early in the day and never overnight. So, the answer is it depends. Some tipsters are so heavily backed initially that the value goes right away and you are more likely to be flagged by a bookmaker. Many of these will drift out later in the day. So, my criteria are different based on the tipster.

SBC: If you miss an early price, do you ever look to get a bet on closer to the race starting either just before the off or in-play?

If I have the chance, I will have a check up on those selections I didn’t get matched on during the day. You can often beat those early missed prices close to the off, but if you can’t, then you must be disciplined and let it go (not easy! – especially when they win!)

SBC: Indeed – and that goes to the heart of making sure you obtain a value price on any bet you strike. Digging into the profits you have made, which tipster(s) have made you the greatest Return on Investment?

In terms of ROI, then there are a few that stand out, all of whom I discovered through yourselves.

One racing tipster that I have been with for years is the Value Bettor, with whom I have a lifetime 20% ROI and who continues to impress. You can read the full SBC review of this service free via this link – Editor.

Another which I added just under a year ago is The Betting Man which is also at 20% ROI. This service was reviewed in SBC Issue 108, click here to read more – Editor

One longer-term service is previously mentioned The Morning Value Service, which was the star of my portfolio for 3-4 years, however that has gone off the boil slightly during the last 15 months.

SBC: How about Return on Capital (ROC) and bank growth? Have any tipsters hit lower ROI’s but made a greater turnover for you?

They are many services that operate on smaller ROI but with larger volume. These are all about value propositions and are great for increasing your ROC. However most of these are difficult to follow because the prices go quickly and are the sort of selections that can get your accounts restricted fast. The minimum bet guarantee by some bookmakers will become useful for following these services, however you need to accept that the ROI % will be very much reduced from historic records.

An example of this type of service is the racing service you recently reviewed in SBC 109. Based on my six month trial with them and my 10am starting point, my ROI would have been less than 1%. Someone else following them with full accounts and no restriction worries might do very well, but they do not suit when and how I bet.

SBC: How often do you review your tipster portfolio and add in new services?

I conduct a review every month where I look at 1, 3, 6, 12 and 24 month performance to help put results into context. Since my early days, my portfolio has become a lot more stable and I have only added in 1 new tipster since 2018. The others I have added I am paper trading.

SBC: One of the questions many punters have is down to staking and when to increase. How has your staking changed over the years, if at all?

My total staking hasn’t changed too dramatically over the last four years but getting the right balance and staking of each tipster takes time to get right. Thankfully my profitability has increased each year so clearly that is working to some degree.

SBC: In terms of the practicality of following so many tipsters – how does that work for you on a day to day basis?

The reality is that most of the services I use are low volume, so it is not too bad from a time perspective. Saturdays and festivals are always a little bit busier but most normal weekdays are relatively easy from a time/work perspective.

SBC: That’s good to know it’s entirely manageable, but what do you do when you take a holiday or want a week off? Do you switch off entirely or continue to bet when ‘away’?

There is a 3-4 day break normally at Christmas!

Seriously it is important to take a break from anything you do, and this is no exception, so I do try to switch off entirely, although I can’t say that I always achieve this.

SBC: Another issue for many punters is losing runs and how to deal with bad runs of form when your tipsters can’t seem to find a winner. How do you handle them?

It’s definitely not easy!

The first time something bad happens, i.e. you have a big losing week or a losing month, it is pretty hard to take, and you have to rationalise to yourself what you are doing.

When losing, you go through a range of emotions, but ultimately, I trust in what I am doing and have the long term results to prove it, so I always reflect on that. That is where my records where I can see performance stringing back 24 months help.

SBC: Obviously as a winning punter, most people wonder how you get your bets on. Do you use bookmakers or exchanges or a mixture of both?

This is the most difficult part these days – getting the bets on.

I try to spread mine out as much as I can, and I have a detailed spreadsheet that includes every bookmaker I am aware of!

That would be my tip – open as many accounts as you can and spread your bets out amongst them.

SBC: Are there certain firms you use more than others to place your bets?

I will place a bet wherever I can, but most firms have shut me down. Thankfully many new ones pop up all the time and I am getting better at ensuring those I do open, remain so.

SBC: Do you have any tips that you care to share on how you keep them open?

Well, as per my last point, I don’t think there is a bookmaker I haven’t used, although keeping your accounts open is definitely an art form.

There is lots of advice on this via SBC, such as betting later in the day and spreading out bets as much as possible, which really do help. Read more on the restrictions help we provide members via this link – Editor

Ultimately, you don’t realise how important your accounts are until you can’t use them, so don’t ignore this problem until it impacts you.

SBC: Finally, what advice would you have for those keen to repeat your success and run a tipster portfolio?

Be disciplined, be truthful and use the information that is out there. The SBC has a plethora of information available so there is no better place to start!

I would also recommend reading Rowan’s Bet Diary Pro on the realities of following a tipster portfolio. We have different portfolios (albeit with some similarities) but the idea is the same and many of the things that impact us all such as handling losing runs are discussed on there.

<<INTERVIEW ENDS>>

A huge thank-you goes to ‘Dave’ for giving his time and expertise so readily as part of this interview.

Get The Full SBC Membership Package For Just £2.15 Per Week

If Dave’s experience has inspired you to consider using tipsters to make a profit, then you can now join the Smart Betting Club and take advantage of our lowest EVER membership prices for 2019.

From as little as £27.99 + VAT per quarter, you can get started immediately and access the ENTIRE Smart Betting Club service including all our SBC Magazines, Tipster Profit Reports, Best Tipster Guides, Pro Betting Guides & more.

£27.99 per quarter works out at just £2.15 per week – less than the cost of a Racing Post

You can also join with the peace of mind from our no quibble money back guarantee:

All told, it’s our best ever SBC membership deal and with this amazing money back guarantee offer you have everything to gain and nothing to lose.

Subscribe Now to the Smart Betting Club

Best Regards

Peter Ling

Smart Betting Club Owner and Founder

Real-life ‘tipster portfolio’ examples for newcomers & exchange only punters

If you are looking for help understanding how to make money betting using tipsters, then make sure you check out the improved SBC Bet Diary – now expanded due to popular demand.

Including the introduction of two new tipster portfolios – one for total newcomers starting afresh AND one for those of you limited to exchange or brokerage betting.

To quickly recap for those of you unfamiliar – the SBC Bet Diary is penned by profitable punter, and SBC writer, Rowan Day who each week discusses his ongoing betting journey including the tipsters he follows, and his performance (win or lose) following their advice.

The idea behind it all is to provide a real-life, genuine experience of just how the tipsters we rate and recommend can actually make you a realistic extra income stream. After all, over the last 3 years posting on the Bet Diary, Rowan has made a 164.40% Return on Capital from his betting so he knows his stuff.

New Exchange & Starter Tipster Portfolios

Firstly – the expansions and this surrounds the introduction of two new tipster portfolios on the Bet Diary – Starter and Broxchange – explained below:

STARTER Tipster Portfolio: If you are new to betting with tipsters – this portfolio is for you as Rowan is starting from scratch and proving it can be done from a standing start. Beginning with just 4 tipsters, Rowan will be raising stakes for each service as they make a profit and then reinvesting them into the portfolio as it (hopefully) grows.

BROXCHANGE Tipster Portfolio: So called as its a mixture of tipsters you can follow using Bet Brokers & Betting Exchanges – the Broxchange!
If you are restricted or unable to use mainstream bookmakers then this portfolio will show how to make a profit with Bet Brokers or Betting Exchanges who welcome winning customers. Again the Broxchange portfolio is starting small with 4 tipsters and more suitable services will be added in time.

You can discover more about both the Starter, Broxchange and the expanded ‘Main’ portfolio and their most recent performance via Rowan’s latest Bet Diary Post, which is titled: As keen as mustard’.

Get All Bet Diary Updates Via Email

You can also now sign-up to receive each Bet Diary update sent to you via email. These are posted once a week (usually on a Wednesday)

To receive this each week simply click here to register your interest

164.40% Betting Bank Growth Since April 2015

Rowan’s simple and easy to follow tipster portfolio has been reaping strong dividends ever since he first began writing about it on the Bet Diary in April 2015.

Since then, from this low-maintenance set of tipsters, his ‘Main’ portfolio has made a total of 164.40% Betting Bank Growth and accumulated some excellent profits along the way.

You can read more about this and the tipsters used to make the profit via his Free Bet Diary Report from earlier this year.

Download Rowan’s Bet Diary Report PDF

The 164.40% figure is of great interest as it indicates just how a betting bank will have grown in relation to these profits.

If for example, Rowan began with £5,000 in April 2015, then 164.40% growth would have made him a £8,220 profit by the end of April 2018.

Not bad for placing just a handful of bets each day. Yet the profits could be far better…

Here are a few more examples of how the 164.40% figure would have helped with different starting points:

£15,000 Starting Bank in April 2015: Profit of £24,660.00

£25,000 Starting Bank in April 2015: Profit of £41,110.00

£50,000 Starting Bank in April 2015: Profit of £82,200.00

So whatever size bank you start with, there is an exceptional return available to you.

It doesn’t matter about your background, experience or thoughts on tipsters – we know that here at the Smart Betting Club, our reports and reviews can make a difference to your betting bottom-line.

Helping you towards the goal of making money betting with tipsters.

How To Copy Or Even Improve On Rowan’s Profits

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

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

Through access to the Smart Betting Club you can read all of our reports and magazines on the best tipsters for you to follow.

As an SBC member you can also access the Bet Diary Pro – featuring a full listing of each tipster within Rowan’s portfolio. This information is available in full to Smart Betting Club members.

Best of all – you can sign-up now for either a Gold or Platinum subscription and enjoy a 90-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.

Best Regards

Peter Ling
Smart Betting Club