Welcome to the Honest Betting Reviews blog. Here you can find the latest updates on betting systems and tipsters currently under review as well as our tips on how to beat the bookies with the best winning betting systems we have profited from,
Football has now become the biggest sport to wager your money on among all sports online. Betting companies are always looking to come up with new and improved ways to get potential punters involved so have devised a new medium to attract people – that of virtual football betting.
With one of the most significant disadvantages of real football being that you have to wait for the next game and there are not always markets available for people to get involved with, virtual football betting is available pretty much 24/7.
Real football also has the disadvantage that you have to wait a full 90 minutes of play to get the result and move on to the next available opportunity. So if you’re thinking about virtual football and would like to know more then you have come to the right place.
Virtual football matches are quicker than real ones and are electronically generated. They look a lot like a game of FIFA or Pro Evolution Soccer, but the results of the fixtures are calculated by an unbiased computer algorithm. And just like online gambling machines or casino games, you can access the games from the comfort of your own home.
When virtual football first started out the quality was quite poor, but with the advance of technology, graphics and internet speed these issues have been taken care of considerably. With so many online betting services available nowadays all competing in this competitive market, online virtual football has improved immensely. Even the live commentaries feel almost as good as the real thing.
Advantages of Virtual Betting
The advantages to betting on virtual football are that there is always a list of live matches to bet on night and day. Also, these games last a lot less time than real football matches, offering many more games to get involved in.
Another significant advantage to virtual football is that you don’t need a lot of prior knowledge of the teams playing and you don’t need to sift through mountains of statistical data such as the manager’s performance to be able to get started, and it’s much easier to play. You can just simply select your type of bet, place your stake and then you only have to wait a short amount of time to find out the outcome.
Another thing you will notice if you are used to betting on real football matches is that there are a lot fewer types of bets available. This simplifies things and lets you concentrate on just a few markets such as the win markets, correct score, goals margins, double chance markets and Asian handicaps. However, Betfred does offer around 20 different markets for every fixture.
Some Things To Remember
Although betting on virtual football can seem very similar to gambling on the real thing, they are in fact two very different beasts. A real football game has so many variables to factor into your betting decisions such as weather, psychology of the players, fatigue etc. Virtual football is entirely generated using a RNG (random number generator).
Also, the teams have no relevance to real life teams. Sometimes their names can seem very similar to real ones, but due to licensing purposes they cannot use the real names. However they do not have any reference to the actual teams and performance in any way, and all users will see exactly the same result of each game.
Just as with all other forms of betting of course, the bookies have an in-built house edge over punters with virtual betting. So if you bet consistently on virtual football you are likely to lose money long-term, unless you happen to get lucky or have a proven strategy to overcome the bookies’ edge.
We would have thought it would be more difficult to study form and develop a winning strategy in virtual football compared to the real thing though, given that results are randomly generated. So you are better off sticking to the real thing to be honest.
Conclusion
Hopefully you now have a better idea of how the world of online virtual football betting works and a better understanding of the markets and bookmakers that are available.
You now also see the advantages and disadvantages of virtual betting and can decide if this is something you would like to add to your betting portfolio.
Essentially virtual football betting is much like casino games and slots – it can be fun to play for small stakes on occasion but ultimately the bookies have an in-built edge that will be almost impossible to overcome long-term, unless you just happen to get very lucky.
https://www.honestbettingreviews.com/wp-content/uploads/footballer-kicking-ball-2.png399700Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2023-08-22 08:57:032023-08-22 10:58:01What Is Virtual Football Betting and Should You Play?
The York Ebor Festival starts on Wednesday and runs until Saturday. It is one of the highlights of the racing calendar and features some top quality racing.
This is a service we are currently reviewing and that has made over 350 points profit since 2020 at an ROI of 23%.
They also have an excellent record in festivals, with 16 out of the last 19 festivals producing a profit over the last year.
They performed very well at the Newmarket July Festival with an impressive 14 points profit made, at a return on investment of over 100%.
That followed on from a successful Glorious Goodwood where they also made gains.
Here are some of the winners hit in recent festivals:-
Corach Rambler – 8/1 winner of the Grand National
West Balboa – 13/2 winner of Handicap Hurdle at Aintree
Sire Du Berlais – 50/1 winner of the Stayers Hurdle
Langer Dan – 10/1 winner of the Coral Cup
The York Festival runs from Wednesday 23rd August – Saturday 26th August and is not to be missed.
As the flat racing season comes towards its conclusion, this is one of the last big festivals left this summer.
The quality of racing is of the highest order and it is right up JPW’s street.
In fact over the last 14 years, they have only had two losing York Ebor Festivals.
So that’s 12 out of the last 14 Ebor Festivals having been profitable!
That’s an enviable record of consistency and that few in the tipping industry can match.
The really good news though is that JPW is offering a Special Discount for the Ebor Festival, with the normal price of £12.99 being reduced to £9.99 with the discount code – YORKEBOR2023.
https://www.honestbettingreviews.com/wp-content/uploads/JPW-Festival-Special-pic.png400709Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2023-08-21 13:48:512023-08-21 13:48:51Get Your York Ebor Festival Special Here!
Sports betting continues to grow more popular with each passing year. A lot more fans are registering with online sportsbooks than ever before. Some might be surprised to learn that there is an increasing number of women who are becoming interested in sports betting. So much so, that women register for online bookies more often than men nowadays.
However, online sportsbooks are still a relatively new concept. Many might not understand much about them, and some might be unaware of their existence. In case you are new to the world of betting, we would like to share some tips about seeking out the best sportsbook. Without further ado, let us delve into what you should look for when looking for a place to bet.
A Variety of Betting Options
The first thing to look for is a variety of different betting options. Even if you are interested in only one sport, a website that has a variety of options is probably a better choice than one that focuses on that specific sport.
Why? It is simple. A variety of options means that the website conducts a lot of research and covers multiple events extensively. Take for example the Novibet sports betting website, where you will find a variety of different sports, from horse racing, to football, to boxing, to motorsports, and much more.
A Variety of Payment Options
When online bookies first got off the ground in the 1990s, there was only one payment method available; credit cards. To this day, credit cards remain a very popular option for depositing at online sportsbooks. However, as the times have changed, so have the payment options.
Online bookies today accept e-wallets, direct wire transfers, e-vouchers, and even cryptocurrency. Having the option to deposit through multiple methods is always welcome, as some people would prefer not to share their credit card online. Another benefit is that certain methods require lower transfer fees, such as cryptocurrency.
A Variety of Bet Types
One of the most popular types of bets in any sport is the moneyline bet, better known as the “to win” bet. As you might gather based on the name, a “to win” bet is a simple wager that focuses on who you think would win the competition. It is literally as simple as placing a certain sum of money on one side and saying “they will win.”
However, moneyline bets are not the only way to bet in 2023. There are so many different bet types, from accumulators, to place bets, to specific bets such as “how many goals will be scored” or “will there be a foul in this match?” A sportsbook that gives you a variety of different bet types is an excellent choice, as it will make your betting a lot more interesting.
Final Thoughts
A lot of people have found that online sports betting is the way to go, and indeed, the web-based wagering industry is now producing billions of dollars annually. With sports betting on the rise, we thought we would help newcomers get a foothold into the hobby.
https://www.honestbettingreviews.com/wp-content/uploads/Trading-on-computer-pic.png400599Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2023-08-18 14:19:102023-08-18 14:19:10What to Look for in a Sports Book?
With the rise of the internet and advancements in technology, online betting is becoming increasingly popular.
People can conveniently place bets on their favorite sports, indulge in casino games, and engage in various online gambling activities from the comfort of their homes. This article explores different types of betting, encompassing various types of football betting while highlighting sports wagering, casino gaming, and other preferred options.
1. Sports Betting
Sports betting is a significant category within online gambling. It empowers people to place bets on the outcomes of various sports competitions, encompassing popular activities like football, basketball, and tennis, alongside less conventional options such as darts, cricket, and eSports.
So What Is Sports Betting?
Sports betting involves individuals placing wagers for bets on the outcomes of various sporting events. This can include predicting the winners of games, the scores, or specific occurrences within the event.
Participants bet on various sports, from popular ones like football, basketball, and soccer to more niche options like darts, cricket, and even competitive video gaming (eSports). It’s a form of gambling where individuals attempt to predict the results of sporting events to win money based on their predictions’ accuracy.
Main Pros And Cons Of Sports Betting
Pros
Cons
Entertainment and engagement while watching sports.
Risk of developing addictive behavior.
Potential for profits through well-informed predictions.
Possibility of losing more money than winning.
Diversity of sports and betting options.
Emotional stress and negative feelings from losses.
Improved sports knowledge and research skills.
Time-consuming due to research and analysis.
Access to promotions and bonuses on betting platforms.
Conflict of interest when financial gain overshadows team support.
2. Casino Games
In addition to types of sports betting, online casinos provide a wide array of games designed to suit various tastes and levels of expertise. From classic table games to cutting-edge slot machines, online casinos offer options to accommodate every individual.
For those seeking specific methods of depositing, it’s also worth noting that there are casino sites that accept Giropay deposits, providing convenient and secure transaction options. This variety ensures that players can enjoy diverse gaming experiences and find suitable banking methods for their needs.
Slot Machines
Slot games are:
The bedrock of online casinos
Featuring an extensive selection of themes.
Paylines.
Bonus features.
These games range from traditional three-reel slots to intricate, visually captivating video slots with engaging storylines.
Table Games
Online casinos emulate the classic ambiance by offering various table games. From iconic card games like blackjack, poker, baccarat, and roulette to various dice and wheel-based games, players can enjoy these traditional offerings with added convenience.
Live Dealer Games
Bridging the gap between virtual gaming and real-world casino action, live dealer games enable players to interact with human dealers through video streaming. This immersive experience lets players engage in live blackjack, roulette, poker, and other games, enhancing the authenticity of online casino play.
Speciality Games
Online casinos also offer a range of specialty games that deviate from the traditional casino categories. These may include bingo, keno, scratch cards, and virtual sports betting, providing a unique and refreshing gaming experience.
Progressive Jackpots
Many online casinos feature progressive jackpot games, wherein a small portion of each bet contributes to a continuously growing jackpot. These potentially life-changing jackpots can be won in slots, poker, and table games.
Other Online Betting Options
Apart from sports wagering and casino gaming, numerous alternative online betting choices are available to accommodate a variety of interests and inclinations (even types of horse betting). Below we have given examples of some of them:
Online Poker
Online poker sites enable individuals to engage in diverse poker variations against global adversaries. These platforms present varying structures, including cash games, tournaments, and sit-and-go matches, designed to suit players with varying proficiencies.
Esports Betting
The surge in esports has prompted substantial growth in online gambling. With this sector gaining traction, numerous online betting websites have seized the chance to provide tailored betting choices for esports events and competitions.
This emerging tendency allows enthusiasts to deepen their involvement in esports, as they can now wager on their cherished teams and competitors across a broad spectrum of well-liked games.
These include, among others, League of Legends, Counter-Strike: Global Offensive, and Dota 2. Furthermore, this betting phenomenon extends to traditional sports, fostering additional enthusiasm and advancement within competitive gaming.
Virtual Reality Betting
Virtual Reality (VR) Betting is a groundbreaking advancement in online gambling, merging state-of-the-art technology with the excitement of wagering.
It introduces an immersive experience that transports players beyond traditional interfaces. With VR headsets, users enter a virtual world where they can place bets, interact with fellow bettors, and engage with events as if physically present.
This technology redefines how betting is experienced, offering a more interactive and genuine encounter. Users can enjoy a visually captivating environment, from virtual casinos to sports stadiums while placing bets.
Although promising, VR betting poses challenges such as potential addictive behavior and limited accessibility due to equipment requirements. Despite these hurdles, VR betting can potentially reshape the gambling landscape, providing a novel and engaging dimension to online betting.
The Final Word
In this short guide, we’ve delved into the captivating world of betting options catering to various preferences and interests, including the basic rules and types of casino betting. The possibilities are endless, from the excitement of sports betting, where enthusiasts can immerse themselves in the outcomes of their favorite games, to the diverse array of casino games that offer both chance and strategy.
Moreover, we’ve explored emerging trends like virtual reality betting, allowing players to enter immersive digital realms, and the dynamic realm of esports betting, where competitive gaming takes center stage.
In the ever-evolving betting landscape, this guide has provided a glimpse into the multifaceted dimensions of wagering activities. From the thrill of predicting sports outcomes to the strategic depth of casino games, each avenue offers a unique experience for individuals seeking entertainment, challenge, and potential winnings.
As technology continues to push boundaries, we can anticipate more innovative forms of betting to emerge, providing new ways to engage, connect, and enjoy the exciting world of wagering. So whether you’re a sports fanatic, a casino enthusiast, or someone seeking a novel betting adventure, betting truly has something for everyone.
https://www.honestbettingreviews.com/wp-content/uploads/Your-bet-wins-pic-2.png483724Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2023-08-16 16:18:272023-08-16 16:21:17Different Types Of Betting: Short Guide
One of our top recommended football tipsters, Bookie Insiders Football (aka Neil Mac Tips), is off to a hot start this season, hitting winners left, right and centre!
Some of his recent winners include:-
Rangers v Servette – BTTS: Yes @ 1.83
Nice v Lille – Nice +0.25 @1.9
Villarreal v Real Betis – Real Betis +0.75 @ 1.83
Clermont v Monaco – Monaco to win @ 3.15
Brentford v Spurs – Over 2.75 goals @ 2.03
Rennes v Metz – Rennes to win (Live) @ 1.88
After less than two weeks of the new season Neil has already amassed over 7 points profit, which would be £350 profit to £50 stakes or over £700 profit to £100 stakes.
This is a service we originally reviewed back in 2021 when it made an excellent £2053 profit in our live trial, which equates to 41 points profit at £50 per point.
Neil has continued to perform well since our trial ended and is now over 400 points up since he started tipping a decade ago.
That’s not all though!
Neil also runs a sister service called Anytime Goalscorer Bets which we are also reviewing and that has also started the season off with a bang with 8 points profit made over the weekend.
Winners over the weekend included:
Mbuemo @ 3.5
Joao Pedro @ 2.4
Noa Lang @ 2.4
Eddie Nketiah @ 2.5
Erling Haaland @ 1.8
In total for our trial the service is over 70 points up which is a very good effort and would equate to over £3,500 profit at £50 per point stakes.
So with football back and Neil firing on all cylinders it’s a great time to sign up and start enjoying some of these winners!
However, please note that spaces are filling up fast on Neil’s services, with just two places left on his main service and three spaces left on the Anytime Goalscorer service.
If you want a place on these services you’d better hurry then as we would expect them to fill up pretty soon.
https://www.honestbettingreviews.com/wp-content/uploads/football-player-with-trophy.png387700Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2023-08-14 15:02:372023-08-14 15:03:28Football Tipster Makes Hot Start to New Season
The Premier League kicks off tomorrow and it is set to be a cracking season, with favourites Manchester City attempting to hold on to their crown from challengers like Arsenal and Manchester Utd.
It all gets underway tomorrow night as Burnley take on Manchester City at Turf Moor, with the pick of the first weekend’s fixtures including Newcastle v Aston Villa, Chelsea v Liverpool and West Ham v Manchester City.
After a rather shortened summer break due to the World Cup last winter, it means a huge amount of footy coming up over the next few months, which is great news for football traders and bettors.
Goal Profits is a multi-award winning service, having won our very own Best Football Service award for the last four years in a row, as well as many other awards over the years.
https://www.honestbettingreviews.com/wp-content/uploads/football-match-2.png400800Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2023-08-10 09:43:322023-08-10 14:06:30Kick Off New Premier League Season with Special Deal!
Of course, getting the best tips and finding the best betting systems and strategies is essential if you want to be successful when gambling online – but another factor you need to consider is how to make the most of the money you have to play with.
Getting the best value for money when betting and playing casino games online is absolutely vital if you want a better overall gaming experience and if you’re looking to maximise your chances of winning. Whether you are a more experienced player or whether you’re just starting, there are several strategies and tips you can follow to ensure you get the most out of your online gaming activities.
Here are some valuable tips to help you get the best value for your money:
Choose The Right Site
You need to start by making sure you pick the right site. Firstly, you need to make sure you only play at a reputable and licensed online gambling site. Look for platforms that have a solid reputation, positive player reviews, and proper licensing from reputable regulatory authorities.
Also, if you are starting out, you also need to think about starting small. Picking a no minimum deposit casino means you can start out risking the minimum until you get the hang of it – and you can start being a little more adventurous with how much you want to play with.
Compare Bonuses and Promotions
You should also make sure you take advantage of the various bonuses and promotions offered by online casinos. It’s a good idea to compare welcome bonuses, free spins, cashback offers and loyalty programs from different gambling sites to see which ones you like the look of the most. However, always read the terms and conditions of the bonuses carefully to understand the wagering requirements and any restrictions – some aren’t as good as they look.
Play Responsibly
It is important to set a budget for your online gambling activities and stick to it. You should avoid chasing losses and never bet more than you can afford to lose. By sticking to the rules of responsible gambling, you get to enjoy the entertainment value of online betting without risking financial troubles.
Understand the Games You Play
Before you start playing casino games for real money, you should take the time to understand the rules and strategies. Learn the odds and house edge of different games to make informed betting decisions. Many casinos also let you practise games in free-play mode so you can gain confidence and improve your skills before spending your hard-earned money.
Manage Your Bankroll
Tying in with responsible gambling, proper bankroll management is important if you want to get the best value for your money. Divide your gambling budget into smaller sessions and set limits on how much you will bet per session. Stick to that budget and avoid increasing your bets too much after either a win or a loss.
Focus on Low House Edge Games to Start
Ultimately, if you choose casino games with lower house edges, you have a better chance of winning. Games like blackjack, baccarat and certain variations of video poker have notoriously low house edges compared to other games like slots.
Use Betting Strategies and Systems Wisely
Although betting strategies can be fun to try, remember that there is no foolproof strategy that guarantees consistent wins… or we’d all be gambling millionaires. You should use betting strategies as a guide, but always remember to gamble responsibly and be prepared to lose as well as win.
Take Advantage of Free Play and Demo Modes
Practice makes perfect, right? That’s why many online casinos offer free play or demo modes for most of their games. You should make the most of these opportunities to try out new games and practise your skills without risking your money.
Be Careful With Progressive Jackpot Games
While progressive jackpot games offer the chance to win life-changing sums of money … millions, in fact, they also usually have higher volatility and a higher house edge. Be careful with your bets on these games and remember that the odds of hitting the jackpot are generally quite low – and you could eat through a lot of money in the pursuit of jackpot happiness!
So, hopefully, by following these tips and strategies, you can make the most of your online gambling experience and get the best value for your money. Remember to play responsibly and… happy gaming!
https://www.honestbettingreviews.com/wp-content/uploads/casino-image.png400600Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2023-08-04 18:47:152023-08-04 18:47:15How to Get the Best Value for Money when Betting and Playing Casino Games Online
When it comes to sports betting, there are a lot of different options available. Some of these options can offer better odds, but the conditions you need to meet in order to win can be tricky to understand.
One of the most popular types of bets, especially in sports, is over/under betting. In this guide, we explore this form of bet comprehensively. We look at examples of over/under bets, the sports that you can place these bets on, and look specifically at Premier League football.
Let’s dive in.
What is an over/under bet?
An over/under bet is something that exists within the world of sports betting. It refers to the odds of whether a statistic in a game will be higher or lower than a certain value.
These types of bets often come in the form of a score of .5, and we’ll look at some examples below. For example, you could back a team to score more than 2.5 goals in a game. This means that the team needs to score three goals or more in order for you to win. If they score two goals, you lose.
Over/under bets are also known as total bets and sometimes are abbreviated to O-U.
Some people prefer this type of bet to others for the simple reason that you’re trying to predict just one statistical outcome of the game, rather than the entire outcome. Sometimes, this can be easier to call.
Examples of over/under bets
Before any game, a bookmaker or betting company will conduct extensive research and offer odds based on that research. In the context of football, one of the most popular sports for over/under betting, markets are usually offered on the likes of:
The total number of goals scored by a team or in the match as a whole.
The number of corner kicks in a half or game.
The total number of yellow cards.
The number of goals an individual player may score.
What types of over/under betting can you make on the Premier League?
Let’s take a deeper dive into the first example on the list above. It’s not uncommon for sportsbooks to offer odds on the total number of goals scored, either in a half or in the game as a whole. This will usually come in the form of decimal values such as:
Over/under 0.5 goals.
Over/under 1.5 goals.
Over/under 2.5 goals.
Over/under 3.5 goals.
The reason why these figures are set at .5 is because in football, you can’t score half a goal. So, if both teams combined score four goals and you’ve backed over 3.5 total goals, then your bet will succeed. If the game finishes on 2-1, then you would lose your bet.
In terms of the odds offered, the higher the value, the less likely it is to happen – unless both teams going into the game are prolific goal scorers and have very leaky defences.
Odds on the likes of over 0.5 goals will usually be quite poor.
However, you can combine over/under bets to build an accumulator and get better odds. For example, you could back Arsenal, Chelsea, Everton and Luton Town to all score over 1.5 goals in the Premier League. If each of them bag two goals in their respective matches, your bet will come in.
What sports offer over/under bets?
Over/under betting isn’t just restricted to football but is offered in a broad range of sports. A popular sport that it’s offered in is basketball.
The premise is exactly the same as we’ve outlined above, however, the values and what you can bet on may be a little different. For example, basketball works on a points-based system, with some NBA teams regularly scoring over 120 points per game.
It’s possible to bet on the total number of points that a team may score or the total scored in the overall tie.
The same applies to American football and the likes of the National Football League (NFL). Over/under bets are also popular in Major League Baseball (MLB), the National Hockey League (NHL) and other sports such as rugby, cricket and tennis.
With tennis, you can bet on the likes of the total number of games played or the total number of sets completed. A common example could be over/under 22.5 games. Again, odds for different values could drastically differ.
https://www.honestbettingreviews.com/wp-content/uploads/football-players-goal-2.png423700Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2023-08-03 15:31:072023-08-03 15:31:07How does over/under betting work?
A common question people have about tipsters is “how do they make their money?”
The life of a tipster is shrouded in mystery and it is one of these slightly grey areas where there is no “official” way for a tipster to be paid. At the same time, there has been some controversy in recent years regarding partnerships between bookies and tipsters, but as we discuss below this is not always as problematic as it may at first appear.
It may sound like quite a glamorous and exciting lifestyle for a betting expert to earn money from issuing tips, but it is not always quite so straightforward and normally involves significant ups and downs and a lot of hard work to be successful at.
There are various ways a tipster can earn money – whether that’s by being paid by a newspaper (or website) to provide tips, charging a subscription directly to members of their tipping service, through advertising or taking a percentage of any winnings made.
Each of these options has its pros and cons for both punter and tipster and we will take a look at the implications of each one below.
The Evolving Career of the Tipster
Since the earliest days of gambling, where there have been bets being placed on sports, invariably tipsters have followed. It makes sense for people to seek out experts in any field, who may have more in-depth knowledge and expertise that can be utilised to their advantage. When people are placing money on an event, it is logical they may want the advice of a professional rather than relying on their own guesswork or doing a little bit of form study.
This is particularly the case in sports like horse racing, where there are a huge range of factors to consider and the sense that there is “inside information” that not all punters may be privy to.
Back in the early days of racing, a tipster would typically attend the racecourse in person and hand out slips of paper with their tips on in exchange for a small fee. The tipster would often be someone connected to the stables or trainer with a claim to some “inside info.”
This gradually evolved to a more formal service where tipsters would provide their selections in a newspaper column, together with write-ups explaining their reasoning. The newspaper would pay the tipster a salary if they were a regular contributor, or fees for individual articles if the advice was more occasional.
As the popularity of betting grew over the course of the twentieth century, specific newspapers dedicated to betting, like the Racing Post and Sporting Life, sprang up. These had whole panels of tipsters devoted to particular sports or even disciplines within sports.
Within such newspapers, there were also private tipsters who would take out adverts to promote their services to readers. These tipsters would normally provide their tips via a phone-line, for which they would charge a premium rate and earn a fee.
All of this was of course turned on its head by the arrival of the internet in the late 1990s. The whole gambling world was changed dramatically by the internet and tipping was no exception.
As bookmakers moved online, so did the majority of tipsters. It opened up the possibility for many more budding tipsters to offer their services to the public, which had previously been the reserve of a select few.
How tipsters offered their services also changed, with tips being provided via a whole variety of channels including e-mail, text and more recently, apps like Telegram.
Tipster platforms also sprung up, which are websites allowing people to offer their tips, whilst taking care of things like admin and marketing on behalf of the tipster to save them time.
You would expect that in a general sense, any tipster would make some money from betting on their own tips first and foremost. However, some may have suffered bookie restrictions and their strategy might not be viable on the exchanges so that is not always possible – and in some cases not being able to bet themselves may even be the factor that drove them to becoming a tipster in the first place.
Leaving that aside though, the options for how a tipster can make money today are quite varied. The option they go for can have quite a significant impact for them and for the punter however, which we will dive into further below.
The Traditional Method – A Newspaper Tipster
The method through which a tipster was traditionally be paid was by having a job as a newspaper columnist and being paid a regular salary by that newspaper.
The tipster would normally produce a regular column, whether on a weekly or daily basis, providing tips for upcoming races. Those in the UK will probably be familiar with names such as Pricewise (Tom Segal) at the Racing Post or Templegate at the Sun newspaper. The advantage of this approach from the tipster’s perspective is that they get paid a regular income and do not have to worry about the ups and downs that can come with a subscription-based model (more on that below).
The advantage of this approach from the punter’s point of view is that it is free (or cheap, as in the cost of the newspaper). However, the disadvantage is that often the newspapers don’t keep a record of the tipster’s results or seem to place much importance on the tipster’s performance.
Many newspaper tipsters for example actually have losing records. It is more about regularly churning out articles and being a good, knowledgeable writer, rather than producing a long-term profit per se.
The other potential downside of the newspaper tipster is that it can be very hard to obtain the advised prices. With thousands – or even millions – of punters seeing the same tips posted in a popular newspaper (or site) at the same time, it can cause a price crash.
Those who have used Pricewise will probably be familiar with this and it was evident in our review of Hugh Taylor of At the Races, who whilst producing excellent results at advised prices struggled to produce a profit at prices that were actually obtainable.
Today’s Method of Choice: A Subscription-based Model
Since the advent of the internet in the late 1990s, the most common method for tipsters to be paid is via a subscription-based model.
So for example a tipster will charge a monthly or quarterly subscription fee for people to receive their tips. Once signed up, tips are sent out via e-mail, text or Telegram app, or via logging in to a website.
This method works well and is pretty simple and straightforward for both parties. The tipster and punter’s interests are very much aligned – the tipster knows that if they don’t produce the goods, people will stop subscribing.
From the tipster’s point of view, on the downside that means if they go through a losing spell, their income can fall quite dramatically. If the drawdown drags on for a while, that can mean having to live off very little income for an extended period.
The flipside of course is that if they have a really good run, subscriber numbers can soar and the tipster can receive a very tidy income. If for example a tipster charges £30 per month and hits a purple patch with lots of winners, they could see 200 subscribers joining their service, bringing in income of £6,000 per month.
So operating a subscription model can be “feast or famine” for the tipster and if going down that route, a tipster probably has to be prepared for a wild ride in terms of their income level. Some months will be tough and some very lucrative, so learning to look at the average over a year is probably the best way to approach it.
From the punter’s perspective, the subscription model is a favourable one as we say, as you know the tipster will be doing everything they can to produce a profit and keep the subscribers signed up. That doesn’t guarantee they will make a profit of course, but at least you know your and their interests are aligned.
Most of the best tipsters we have reviewed on this site, such as The Bookies Enemy and Hanbury Racing, run on a subscription basis, which we think is the most sensible model overall.
Taking A Cut – Profit Share Model
Another way for tipsters to get paid is a profit share model. This is a lot less common than a subscription model, but means the punter pays a share of profits made to the tipster over a given period.
So for example a tipster might set a 20% profit share model over a month. If the tipster makes £1000 profit for the punter over that month, then the punter would pay £200 from that to the tipster.
A profit-sharing model was used by the (now-defunct) site Betmarkets and we have seen it a few other times over the years, but as we say it is not very common.
One of the drawbacks to this model is that if in the example above, after making £1,000 profit the tipster then made a loss of £1,000 the next month, the punter is out of pocket by £200, whilst the tipster has actually broken even. Losses can be carried over to be counted against future profits, but there is no guarantee the tipster will make back enough profit to cover this.
Additionally it can be complicated to set up and ensure that funds are collected and distributed in the correct way.
A slight variation on this is the “pay as you win” model, whereby a punter does not pay a subscription but pays based on any profits made by the tipster.
For example the tipster might charge £1 per point of profit made. If the tipster makes 50 points profit, you would then pay £50.
This approach can suffer from the same issue as the profit share model if the tipster then goes and loses the previous profits made, but in a way it is not that different to paying a monthly subscription fee with the risk that the tipster makes a loss that month on top of the subscription fee you have paid.
The pay as you go approach is also easier to administer than a profit sharing model, so is slightly preferred of the two.
Advertising
The other principal way a tipster can make money is through advertising. This is perhaps the most controversial one and has provoked some lurid articles in the press regarding advertising deals struck between bookies and tipsters.
Essentially in these scenarios, the tipster signs up as an affiliate of a bookmaker. They then promote that bookmaker on their tipping website and receive a share of the revenues from any person who signs up to that bookmaker from their site.
What this means in effect is that the tipster receives a share of any losses made by the customer. Often these deals are set at 20-30%. So if the punter were to lose £1,000 and the tipster was on a 30% affiliate deal, they would receive £300 from the bookie.
You can see how quite easily this could lead to a conflict of interest, with the tipster incentivised to provide “bad tips” so the punter loses money and the tipster gets a cut of their losses.
Whilst there do appear to have been some instances of this happening – particularly with social media tipsters – you can also see how quickly this approach would fall down. Punters would stop following a losing tipster very quickly and the tipster would not get any new customers. So it might work in the short term but would not be viable for very long.
More common in this scenario is that the tipster will still try to provide winning tips and make a profit for their followers, thus retaining their punters and bringing new ones to their site, but the weight of statistics will play its part in the long run.
With studies showing over 98% of gamblers lose money overall, it is a sad fact that even if they were receiving some profitable tips, most punters will still go on to lose money from their betting overall. This could be through placing what could be termed “mug bets” such as at online casinos or on accumulators for example.
So the advertising model in many instances is not as controversial as the press have tried to make out, as being a losing tipster is not viable for any length of time at all. In any event, with additional regulations that have been brought in, the bookies have largely stopped working with affiliate tipsters so this model is not very common anymore.
Of course tipsters could just offer general advertising on their site not related to bookmakers, but the revenues from general advertising (pay-per-click) tend to be very low unless a website is attracting millions of visitors. So it would only really be viable for the big betting websites like At the Races and the Racing Post, which as described above already have their salaried in-house tipsters.
In essence then advertising is rarely used as a means for tipsters to make money these days and in fact it’s a while since we have seen any tipsters operating this model.
Conclusion – It’s A Tipster’s Life
The career of a tipster is one of those areas that is shrouded in mystery and attracts a fair amount of controversy.
To be honest though, making money as a tipster is hard and other than those lucky enough to land a job as a salaried newspaper tipster, generally it involves a lot of ups and downs with wildly fluctuating income.
Even those fortunate few who do land a job as a resident tipster at a newspaper are still – like all tipsters – under pressure to produce results.
So it is perhaps not surprising to learn that many tipsters these days do it as a second income rather than their primary job, given the pressures and ups and downs of it.
Those who have managed to do it professionally and successfully for a long period tend to be only the very best – for it is only they who can it make it viable ultimately.
https://www.honestbettingreviews.com/wp-content/uploads/shutterstock_1470535136-businessman-gambler.png450800Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2023-07-27 11:05:172024-09-19 19:45:58How Do Tipsters Make Money?
Three problems with normal golf betting that Ian’s approach fixes…
His independently verified track record of 29.40% ROI – plus why profits could be even better going forward…
What independent reviewers think of Ian and his ‘out there’ golf betting approach…
And then Ian’s answers to all the great questions you asked him about his unique approach!
After that, we gave you the chance to be one of the founding members of his new Bet Chat-backed tipping service, +EV Golf Pro… this includes being able to get your first month for just £1.
https://www.honestbettingreviews.com/wp-content/uploads/EV-Golf-Live-QA-pic.png378765Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2023-07-14 14:04:292024-10-23 17:03:54Live Q&A Pro Golf Service Replay
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