As the saying goes, “there is safety in numbers”.
And that’s a big part of the appeal of a betting portfolio.
Having a betting portfolio is a great way of spreading risk in your betting, whilst also increasing your expected profits.
A betting portfolio is simply a combination of various selection picking methods that you back with the same betting bankroll.
These selection methods could consist of one or more of the following:
- Tipsters
- Systems
- Odds compiling
- Your own selections based on form reading etc.
The idea being that when anyone of your selection picking methods is hitting a poor spell, another will be performing well, therefore reducing or completely negating any losses.
Of course it doesn’t always work out like this and a well put together portfolio will (and do)have times when portfolio as a whole will hit a losing run.
But following a combination of good selection methods in a portfolio is a lot less risky than just backing the selections from one selection method.
When putting together a betting portfolio, you have to consider how much it is going to cost to put together.
If you are just using your own methods and systems the cost of running the portfolio is mainly just going to be your own time into finding the selections.
And maybe the cost of any system software (eg. proform racing) you are using if you are making your own systems.
If you are including tipsters in your portfolio you will have to consider the cost of the subscription to their tips.
Some tipsters offer one off payments to receive their tips for life which could save you a lot of money if you are in this for the long haul (which you’ll need to be if you want to make those long term profits).
Other tipster platforms will offer deals where you can get a deep discount if you subscribe to a number of their tipsters.
The important part is not to pick a tipster solely on their price though.First look for a profitable tipster with ideally more than a years worth of previous and proven results.
You’ll also need to make sure that you are going to be available at the time they send out their advice so you can get the bets on.
Once you’ve found a tipster that suits you, then you can take a look at what deals they might be offering for long term or lifetime subscriptions or for joining a number of services.
Putting a tipster portfolio together can take a little bit of time and effort at first, but it’s well worth it.
You can take a look at the results of the Winners Odds recommend tipster portfolio here if you’re looking to get started:
Kenny Turnbull
At Your Service,
Tipster Street.
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