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Monday 11 May 2015

Why 98.5% Of Bettors Will Never Succeed

Hi,

As the owner of a tipster platform I see at first hand the mistakes that many bettors make.

To be truthful it can be very annoying when you continually get asked the same question, or receive the same excuses from bettors that are regularly 'reeled out'.

At Tipster Street all of our tipsters show profits over the long term. At that is the point, the 'long term'. There is not one single tipster who can continually make profits day in day out, or even month in month out. It simply doesn't matter if you study for 80 hours a week, on occasions there will be periods when you simply wont get the rub of the green and you will make losses.

This is why 98.5% off bettors will not succeed in sports investing. Most bettors simply lack the patience. They want to get rich 'quick'. Let me tell you I have never seen any bettor get rich quick. It's a slow steady process that can only be seen to succeed if you have patience and professionalism.

At Tipster Street we provide you with the tools (the tipsters) to do just that. We give you the results, Profit/Loss figures, ROI, Strike Rates and a full detailed break down of every result from every tipster. We guide you with the preferred 'betting bank' and we really do leave no stone unturned.

But it is up to the individual bettor to be patient and professional at all times.

Most bettors do not use a betting bank. This is why we see so many bettors cancel their subscriptions to services after a poor run. If they do use a betting bank they are not staking correctly and using a far to bigger percentage of their betting bank at any one time.

A quick solution to this is...

Work out your 'betting bank',
be patient & professional and
you will reap the rewards.
When looking at a particular tipster results. Look for their worst period and check to see what the loss was in that period. If over a two month period a tipster has lost 50pts then as a bettor we need to double this loss to 100pts. The reason for this is to cover the 'extreme'.
If we have results for a tipster covering over two years, and their worst run meant a loss of 50pts, it's pretty safe to say that they will never go double this run (100pts) which means if we start a betting bank of 100pts we should in theory never get close to this mark.
If you have a betting bank of £500 we divide the worst extreme (100pts) to give us £5 stakes per selection. This should be our starting point, but we can of course raise our stakes as our betting bank gets bigger. if our bank soon stands at £1000 our stakes will rise to £10.
We use the same theory if our bank reduces, we simply use the same percentage of bank so it will never be in danger of being wiped out.

So, if you are following a tipster be aware that they can not make profits all year round. Be professional in setting up yourself a betting bank. And be patient when there are poor runs. If your betting bank is set our correctly you can rest assured that your bank will never completely disappear even in a bad period.

Have a great day.

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