can i find honest tipster ?

[tico]

If you are a person who is good at predicting sports results (like what I am) ,then why not bet on your own tips instead of selling your tips.This will enable you to get best SP' and value on BF....
But if anyone here is interested in my tips then for a mere £1000 a week I am quite happy to sell you my tips .
Just apply to Tico's Tips PO box 1234 or send cash directly to Tico Enterprises ,14 Conning Lane ,East Sunderland industrial Park ,across the road from the chippy.

small print...the value of the service can go up and down .For example we sometimes hit a long losing run of 5 or 6 thousand .But dont worry too much about that because we guarantee that by the year 2034 we will be in profit .

[MrJoeBlack]

There are lots of reasons why someone might sell tips or have a subscription service - the thinking that "if they were good enough they wouldn't need to sell them" is so utterly reductive. All of Mr Webb's videos are about how to make money trading - why bother releasing the software for subscription??

The reality is, if you want any sort of credit agreement - so you don't have to keep plunging into your capital and reducing your capacity to earn then you will need a taxable source of income or savings. Too much is made of diminishing your edge - there's plenty of money available at SP and in most cases you're betting them long before a subscriber is.

[tico]

There are lots of reasons why someone might sell tips or have a subscription service - the thinking that "if they were good enough they wouldn't need to sell them" is so utterly reductive. All of Mr Webb's videos are about how to make money trading - why bother releasing the software for subscription??

The reality is, if you want any sort of credit agreement - so you don't have to keep plunging into your capital and reducing your capacity to earn then you will need a taxable source of income or savings. Too much is made of diminishing your edge - there's plenty of money available at SP and in most cases you're betting them long before a subscriber is.
Top

Hi Joe,
Interesting point of view , so are you saying Peter is an altruist then ?
Kinders
TicoTips

[MrJoeBlack]

There are lots of reasons why someone might sell tips or have a subscription service - the thinking that "if they were good enough they wouldn't need to sell them" is so utterly reductive. All of Mr Webb's videos are about how to make money trading - why bother releasing the software for subscription??

The reality is, if you want any sort of credit agreement - so you don't have to keep plunging into your capital and reducing your capacity to earn then you will need a taxable source of income or savings. Too much is made of diminishing your edge - there's plenty of money available at SP and in most cases you're betting them long before a subscriber is.
Top

Hi Joe,
Interesting point of view , so are you saying Peter is an altruist then ?
Kinders
TicoTips

Not at all — in fact, quite the opposite. What I’m saying is that we’re all here to monetise understanding in one way or another. How each person does that depends on their circumstances. In my case, I’m a single dad with three daughters and a mortgage, so selling a product would simply be a practical way to build a legitimate business. It would give me access to credit arrangements without having to rely on the equity in my home or the capital I’ve accumulated.

Everyone has different expectations and ambitions, and my point wasn’t about Peter specifically — I mentioned him only as a mildly ironic example. The broader idea is that offering a subscription-based product or service in the trading or gambling space doesn’t automatically make someone fraudulent.

Now, if Peter wants to start giving Bet Angel away for free then he might qualify as an altruist! But until then I would just put him down as shrewd businessman, entrepreneur and trader.

[tico]

Not at all — in fact, quite the opposite. What I’m saying is that we’re all here to monetise understanding in one way or another. How each person does that depends on their circumstances. In my case, I’m a single dad with three daughters and a mortgage, so selling a product would simply be a practical way to build a legitimate business. It would give me access to credit arrangements without having to rely on the equity in my home or the capital I’ve accumulated.

Everyone has different expectations and ambitions, and my point wasn’t about Peter specifically — I mentioned him only as a mildly ironic example. The broader idea is that offering a subscription-based product or service in the trading or gambling space doesn’t automatically make someone fraudulent.

Now, if Peter wants to start giving Bet Angel away for free then he might qualify as an altruist! But until then I would just put him down as shrewd businessman, entrepreneur and trader.

Hi Joe,
You are absolutely right about the monetising aspect .It's also a lot easier with the internet to set up shop.Back in the 80's (when I started punting) to gain a high profile as a tipster would cost a small fortune through advertisng in the racing newspapers .Then came the premium rate lines .Old muggins here got taken for a bob or two .
There were also some genuine folk about .I remember purchasing a copy of Clive Holts Fineform Book which was really interesting and got me onto the path of the importance of bank rolls and patience .But the book that did it for me was Alan Potts's book 'Against the Crowd' within a year of reading that I became full time .(of course within another year I was bankrupt but that is another yarn) . I never took up full time again until Flutter (then betfair)appeared .BF was and still is a license to print money if you are a value hound like wot I am
Kind Regards (and good luck in your ventures)
Tico
PS Regarding Mr Webb...he is probably the best exponent of trading on the web right now .I am not a trader but I have watched a lot of his videos and am amazed at his impressive shirt wardrobe

[ruthlessimon]

offering a subscription-based product or service in the trading or gambling space doesn’t automatically make someone fraudulent.

You can’t escape the conflict of interest with tipsters: they bet first. Even if we assume they weren't acting on their own tips (i.e. banned everywhere), the bookie could still buy the information, reverse-engineer the bets, and fix their odds. Software is different, because you’re buying a tool, not competing with the seller for the same scarce edge.

Imo, buying "tips" is like paying a hunter to tell you where the deer are - after he’s already taken the best shot. And when you get 30 other "hunters" in the same place, no deer will turn up. Buying software is like buying a better rifle, or being taught how to use a rifle. The seller isn’t competing with you for the same animal.

[Big Bad Barney]

IMO, it does not matter one iota the motive a tipster has for offering their service...its completely irrelevant.... It only matters that it's incredibly difficult to find one that will make you profitable at any less risk than actually doing the legwork yourself......that is: It takes as much work to pick a tipster who can identify profitable odds as it does to pick a runner at profitable odds. You're also outsourcing a skill that should be insourced unless picking tipsters is your source of fun.

[wearthefoxhat]

IMO, it does not matter one iota the motive a tipster has for offering their service...its completely irrelevant.... It only matters that it's incredibly difficult to find one that will make you profitable at any less risk than actually doing the legwork yourself......that is: It takes as much work to pick a tipster who can identify profitable odds as it does to pick a runner at profitable odds. You're also outsourcing a skill that should be insourced unless picking tipsters is your source of fun.

+1

Finding and taking the right odds is the key for sure. It's a moving feast and frustrating at times, but rewarding if you can achieve it.

Looking for short cuts is usually one reason to "employ" a tipster. Those with little time, that are okay with subscribing to a service or ringing up a number to obtain said tip. Back in the day, this would have been understandable as access to decent data/information had to be paid for. ie: Loose leaf form books, Timeform black books, Racing databases...etc. It would of likely been cost effective to use a tipster, as long as there was some evidence that they did the right groundwork.

The famous/infamous Gary Wiltshire set up a tipping line once. Made sense, he was well known, many would want to hear from him after the Dettori magnificent 7 at Ascot. Turns out, all he would do was tip the spotlight nap in the racing post. A lazy approach, but the majority wouldn't have known unless they had a way of checking the information.

Nowadays, there is a plethora of accurate data for free, it's then how it's used/interpreted, and actioned upon. As already said, it has to be an enjoyable process to do the R&D yourself, Horse Racing/Football/Cricket/Tennis/Greyhounds, take your pick and specialise.