Although this is pure gambling, I'd like to know what do you guys think of paid picks from reliable services? there are many such services out there and you can verify the bets so you prevent yourself from being scammed from losers.
What do you guys think overall? Yes or no? After all, it just involves following the picks and placing a few bets on the bookie with best odds, keeping track and in the end collect the profit( or loss ). It can be any sports, but I am rather focused on football. Someone else does the homework for you and you pay them a small fee for the service.
TL;DR Paid picks for traditional betting, yay or nay?
Paid picks?
If you have found a good way to get value out of straight forward picks then you should be focusing on getting as much money on at the best available price. By giving your picks to others you can't achieve that and it would become self defeating, so I doubt the value of 'picks' and never use them.
I'll happily use services that hand out or point out information because that can be useful. Maybe a service that highlighted how many tips there were and the underlying success would be useful, the tips less so.
I'll happily use services that hand out or point out information because that can be useful. Maybe a service that highlighted how many tips there were and the underlying success would be useful, the tips less so.
lol, it can also be popular game picks which don't affect the odds, such as PL, La Liga, CHL games etc.Euler wrote:If you have found a good way to get value out of straight forward picks then you should be focusing on getting as much money on at the best available price. By giving your picks to others you can't achieve that and it would become self defeating, so I doubt the value of 'picks' and never use them.
I'll happily use services that hand out or point out information because that can be useful. Maybe a service that highlighted how many tips there were and the underlying success would be useful, the tips less so.
The tipster gives you the picks, you bet as soon as possible, thus getting a good value anyway. It might drop later but whatever.
I am interested in more opinions.
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rubysglory
- Posts: 309
- Joined: Thu Nov 04, 2010 7:02 am
Euler is right in so far as the value of picks is often self defeating. If a pick indicates that a selection has an increased chance of winning, it can safely be assumed that the said selection will have a starting price below that of its 'true odds'. From a pure mathematical viewpoint, the continued backing of selections at less than their 'true odds' all but guarantees failure. The value of picks may therefore lie in using a particular information source purely as a price movement indicator.
rg
rg
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Dublin_Flyer
- Posts: 850
- Joined: Sat Feb 11, 2012 10:39 am
I read an interview with Hugh Taylor from ATR where he said his daily tips are his value bets, if the price dropped below 70-80% of his suggested bookies price he would no longer see it as a value bet so wouldn't back it. That said, he tweets when his bets are about to go online and the price drops within minutes, normally below the mentioned value range.
Instead of using paid tipsters I find it more profitable to find the tips from the popular dailys like Pricewise, Templegate etc and back early to lay off later on. The price movement for some of the bigger races/popular ones can be quite dramatic if you can get on early.
Instead of using paid tipsters I find it more profitable to find the tips from the popular dailys like Pricewise, Templegate etc and back early to lay off later on. The price movement for some of the bigger races/popular ones can be quite dramatic if you can get on early.