Last week, I revealed details on the new ‘Getting Started With Tipsters’ section now available to SBC members and how it can help you if unsure of exactly how to begin on your profitable betting journey.
It’s release actually prompted a few emails from those of you keen to know more about the process of betting for profit with tipsters, so I thought I would answer a few of the most prominent queries below
I tackle everything about how much you need to get started, what you can potentially make through to how to deal with bookmaker limits when winning….
Why you should I bother with tipsters? I can pick my own betting tips!
Almost everyone when they start betting thinks they know more than the bookmaker. At some point, usually after a few losers, the penny starts to drop that it is really hard to win money betting. It’s one thing having an opinion about the outcome of a race, game or event, yet it is another entirely to turn a profit from these opinions in the betting market.
That is why only a tiny proportion of bettors are long-term winners (estimated to be between 1% and 2%) and even fewer yet make significant sums doing so.
This is where tipsters come in – they know how and what to bet on (and when) in order to make a profit. They put in the time and effort, yet most importantly also have the skill most people don’t have at picking value betting opportunities.
How much do I need to get started?
You can get started with a small amount, yet you just need to be prepared to be patient to let this grow over time.
In fact, I would go so far as to say it’s better to start small and build up rather than go in with a big amount and learn the ropes when any rookie mistakes can be very costly indeed.
So whether you have £250 or £25,000 – you can get started and build from there as you feel comfortable
How much can I realistically make?
Again, it’s about being realistic. Anyone that says you can make £20,000 in your first year or quit your job within a few months is selling an impossible dream.
Some of the punters we interviewed in our ‘Getting Started With Tipsters’ guide started out following just 1 tipster and often a free or very cheap one at that to boot.
For example, Dave, who now makes a 5 figure profit each year told us
“My first goal was very simple – to make money betting, which is something I managed to do …. I began with just one tipster and then moved to follow around half a dozen as that went well.”
It took him 3 years to go from following this one tipster and proving he could make a profit to where he is now – making this 5 figure annual return.
Can I expect to make a certain profit every month? How does this all work?
One of the biggest challenges many punters face is learning to deal with losing, including paying for tips that lose and go on short-term losing runs.
This is because betting for profit isn’t like having a weekly wage or fixed amount of profit week-in, week-out. It doesn’t work like that in the real world.
You might make £2000 over the course of 3 months, yet it could be you make £1000 in month 1, lose £500 in month 2 and then win £1500 in month 3.
As Dan, one of our interviewed panel of experts put it:
“Don’t let your betting be dominated by whether you have won or lost in the last few weeks or months as it will always turn in time. Just let it all play out over the weeks and months and stay level-headed at all costs.
Too many people judge their success based on what they made last week, last month and so on. Don’t fall into that trap. Look at what you will make over 12 months and longer”
Can you follow any good tipsters for free? I am worried about spending a lot when starting out?
Absolutely – it’s a little know benefit of SBC membership that you can access several free tipsters to follow via email that have excellent track records. You can find details on them here and a breakdown of past performance figures achieved here.
Many SBC members get started out following a handful of these experts first and foremost. They help to get you accustomed to simple practices – such as staking plans, how betting banks work and the bookmaker or exchange accounts you might need.
What about other tipsters that charge fees – such as those in your Hall of Fame, how much do they cost?
The key thing to be aware of in terms of those tipsters that achieve a Hall of Fame recommendation is that the fee charged has to be judged in the context of the profits you can make following.
It is therefore very hard for a more expensive tipster (e.g. at £75 a month) to achieve this recognition and they only do when you can make considerably more at reasonable stakes if following. In reality, those more expensive tipsters advise a lot more bets and are more suitable to more experienced punters – often those with a fair bit of spare time to commit to following.
Having said that, the average cost for some of the best tipsters work out at around £30 per month and again the quality of each service is judged against what you can look to make following at reasonable stakes.
So for a £30 monthly outlay, you might expect to average between £100 and £200 per month profit at smallish stakes.
What about bookmakers who limit or restrict winning punters? Won’t they stop my betting once I become profitable?
Yes, this has to be a consideration and this is why we advice a series of different scenarios in our ‘Getting Started With Tipsters’ guide which depends on your circumstances.
If you are totally new, then there is less concern about this issue, yet as profits build, we advise you on the sports, markets and tipsters to focus on. All the way through to the advice we provide full-time professionals on how to profit on the exchanges or with Asian firms/bet brokers.
In a nutshell, your betting and the tipsters you focus on will need to evolve over time. This is easily achievable simply by adding in more experts that you can follow on the betting exchanges or with firms that don’t restrict you.
OK, sounds great, how can I get started?
As soon as you like – already we have several tipsters active in the German Bundesliga markets (this is nothing new – they tipped up in these leagues prior to the pandemic) and with racing due back on the 1st June and other football leagues and sports to follow soon, then things are starting to return to normal.
Given this comparative lack of sport to bet on, it does allow you to ease yourself in and so making it a good time to start with a couple of tipsters, learn the fundamentals of success (everything from your risk profile to betting banks and the advanced tipster analytics we provide) and start building up gradually.
Whenever you join, there is also a money back guarantee available with SBC membership, so if you find what is on offer isn’t suitable to you, then request a refund no questions asked!
Get Started With SBC Right Away!
You can read more on the new Getting Started With Tipsters section in this blog post, yet for those of you with additional questions to ask, please feel free to send them to me via pete@smartbettingclub.com
There is no such thing as a stupid question as we all had to start somewhere, so if I can help you in anyway, let me know!
So, why not give it a try and sign-up today for instant Smart Betting Club access.