From my experience (and I have a lot of it) that isn't bad.
They are not just my own bets, but also bets from other good and reputable tipsters that are beating certain league.
So i don't agree with you when you say you shouldn't follow others.
There are plenty of good and profitable tipsters.
I also have my share of experience with certain tipsters. I don’t claim to have a lot of it, but I have followed a few guys when I was younger. What I noticed is that the win rate is usually around 50-55%. That's not exactly great. And you have no way of knowing if the results of the tipster you follow will be good or bar in that particular month and period you paid for. If they have built a certain reputation, they usually require that you pay to receive the tips, and that can amount to a few hundred dollars per month as well.
I still think doing your own research and betting only on the sports you have some knowledge in beats blindly following anonymous people over the Internet. Since we are on a Bitcoin forum, I can draw a comparison with following a crypto trader and doing the same trades as he does. Not exactly the best way to invest.
55% winrate at average odds 1,85 give you already 2% yield. I'm happy with that in the long run.
That's why you don't follow a guy with a low sample size. 100+ picks over a longer period of time is a must to see if someone is profitable or not.
There are a lot of specialized sites/portals for sports betting tipsters.
Most of the good ones cost some monthly fee.
Some of them have options to automatically copy their bets but most don't so you have to place them manually.
Obviously in lower liquidity markets odds crash faster.
I am always a bit cautious of free sport betting tips from the Internet. It is hard to tell how reliable they are and most of the time there is no real tip history that shows us how the tips performed in the past. If we can make money of the tips then paying a monthly is fine. I just don't understand why people aren't using their tips only for themselves and their friends and family? Because the more people follow their tips the lower the payout is going to be.
Well, free is also good sometimes.
Most of them had free service at the beginning to establish themselves.
There are a lot of specialized sites/portals for sports betting tipsters.
Most of the good ones cost some monthly fee.
Some of them have options to automatically copy their bets but most don't so you have to place them manually.
Obviously in lower liquidity markets odds crash faster.
What is the connection to the topic mate? sorry but OP is asking aBOUT THE budgeting and not about the per paid tipster.
though there are only few that uses this service because not just because it is expensive , other gamblers choose to find their luck than cheating.
Why are you so bitter?
I asked a question, got a response and a question and responded to it.
If you consider paid tipsters cheating then I would recommend you to read more about that whole industry.
Where can I find those tipsters?
I'd appreciate if you could point me to their threads or whatever.
Thanks.
There are many of them if you just search through the pages on this section. A few years ago, there really are a lot of those tipsters giving their day to day tips for free.
But they seem to offer more if you're going to pay them with their special group outside the forum but those free tips were already fine.
Is there actually a platform that is similar to all this social trading stuff that is currently going through the roof?
I can imagine if you have such a platform and there is a guy who is betting with above average results that people would follow like they do on social trading websites. Or is the problem that when many people bet on the odds of the superior guy that the odds are always adjusted in a way that the edge will be lost?
Here is the question I responded to. I didn't use quotes because my post is right after the post above and I consider it an answer to that post, not any other in this topic.
