So, I'm sure many of you have seen tipsters on this section, in your Twitter, in chatrooms and some other places - it's the people who suggest you to place bets on certain picks in sports. And maybe some of you have asked yourself a question - why they are doing it? Why they are giving us advises how to win money absolutely for free - and by doing this they decrease their own profit, since the winning pool grows bigger as people follow their tips. Can anyone explain this?
For the person who is posting the betting tips, he's gaining referral rewards. The more credible he becomes, the more people are going to follow his/her bets. There are threads in this forum that even displays how much they have earned so far from their starting amount. It's like if you did ride with them, you could have earned that amount and so you would ride with them even if it's a little late. People are in love with sports betting but doesn't really know anything about the teams and so they simply follow betting tips. It's a win-win strategy. "Give me an idea where to bet and I'll sign up under you" is basically what's happening.
For the website itself, they might even be paying people to post betting tips. Their website is getting more traffic because of these people sharing tips to gamble. Of course the referral link is from some website. Therefore the people that are just about to create an account for a gambling site is going to play in the website posted in the thread. There's no "default" betting site since there's tons of them.
For the world, it's making people more inclined to gambling. They see tons of betting tips that are successful and people that are actually making from gambling, the more they would think that they can become like those people.