7 Reasons Why You Should Subscribe To A Tipster Service

7 reasons why you should subscribe to a Tipster service

1 Why use a Tipster service?
2 Pitfalls of weighing up the form yourself
3 Selecting the right service
4 “Backing” or “laying” services
5 Proofed selections
6 Tipster service history
7 Estimate staking profits (ESP)

1 Why use a Tipster service?

This is quite simple – you don’t have to spend time looking through the form of all the races that run for that day and you don’t need to have years and years experience in monitoring racing results/form to make decisions on which horses to bet on, as all this is done by your tipster.

Using a tipster service rarely means that you are committed to staying with that service – if you don’t get the results you want, just move on to another service that has on offer what you want. Most tipster services offer some sort of guarantee, or at least have no minimum term subscription period, so this really is a “buyers market” for you to tap in to.

2 Pitfalls of weighing up the form yourself

The danger here is that you aren’t experienced enough to make seriously informed decisions – a tipster will generally have lots more experience in selecting winner bets, so this reduces your chances of losing lots and lots of money.

3 Selecting the right service

As there are so many tipster services around, you have the benefit of making your own decision over which service to go with. If a service you are considering using offers it, always take advantage of any reduced price trials or free periods to make sure you are happy with the service and strike rates or profits before committing to any service in the long term

4 “Backing” or “laying” services

With the recent introduction of betting exchanges such as Betfair, those gambling now have the ability to either back runners, in the traditional way, or laying them – that’s betting against a runner winning. This has virtually turned the industry on it’s head, as punters are now able to act like bookmakers and offer odds against a runner winning – which can be extremely profitable.

5 Proofed selections

When searching for a tipster service, always ensure you select one that offers “proofed selections” – these are selections that are entered before the race begins, along with advised stakes, that tipsters have made to their members. This is a real advantage for prospective subscribers, as you can see what the histort of that particular service is like. If you see a service promising profits, but doesn’t prove this with proofed selections, you’re probably better off not subscribing to that service as they aren’t willing to put their money where their mouth is.

6 Tipster service history

Unless selections are fully proofed – see above – avoid services that offer a history of their selections and results, as these are usually either edited to show a profit or aren’t as accurate as possible. Also, where selections are proofed, do some research on the proofing system used – there are a few unscrupulous services that allow tipsters to alter selections after the race has started, which doesn’t give a real view of their selection history.

7 Estimate staking profits (ESP)

This isn’t anything to do with the Paranormal, by the way! To calculate ESP you should use Strike Rate and Profit on Turnover to determine a suitable level stake that could have been used from a betting bank of 1000 points. That stake is then used to see what level of profit would have been achieved.

Therefore a service achieving an ESP of 1000 points would have doubled the initial betting bank over the period shown. A service achieving 500 points would have increased the betting bank by 50% etc. If you want to know more about ESP, just Google it as there’s loads of information on the web.

This entry was posted in Uncategorized. Bookmark the permalink.