Before you start to place real bets by tipster tips it is important that you analyse tipster tips history. By analysing tips history you will know how many tips per day/week to expect and how much money you can afford to place on each tip. You must ensure that you have betting bank that will allow you to cover long losing runs and bet on all tipster tips. Missing one tip can make a difference between overall profit and loss at the end of the month.
Once you know how much money you can invest and risk to lose by following tipster tips, you can do analysis and decide the size of your 1 point value. Do not do this the other way around, always first decide how much money you can invest!
Tipsters place between 0.25 and 2.0 points per each tip. This allows their followers to set any value for 1 point when placing bets. For example, if your betting bank is £1,000 then you can set £10 as 1 point value. To lose your betting bank tipster would have to lose 100 points. Someone else might want to have betting bank of £10,000 and in that case 1 point value could be set to £100. Both users would lose their betting bank if tipster would lose 100 points, but obviously they would risk and earn different amounts of money.
Most tipsters recommend using 1% of betting bank as 1 point value. Safer option is to use 0.5% of betting bank as 1 point value. Using higher value than 1% has very high risk, as long losing runs are always possible for any tipster. Before you start following tipster with real money it is best that you analyse their tips history or ask tipster for recommended betting bank.
If you had a betting bank of £2,000 and used 0.5% as 1 point value, then your stake per 1 point would be £10. To know how much you would win by following tipster, with £10 for 1 point value, you just need to multiply £10 with tipster overall points profit that tipster made.
Recommended tipsters are listed in table below. This does not mean that other tipsters are not worth following, it is just that that we reviewed tips history for those tipsters and confirmed that they are reliable, consistent and professional.
From tipster's overall market profit Betfair commission of 4% is deducted.
Commission is deducted from overall market profit for each tipster tips, it is not deducted from individual tips but from overall profit on each market just like Betfair does it. We used commission of 4% because anyone following tipster tips would be placing large number of bets which would lead to commission discounts by Betfair.
Other important things that can help you with following tipster tips are:
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