We get asked this question a lot...
To be honest there is no correct answer.
There is a number of reasons why.
*Tipsters stake differently.
*Tipsters look for different kinds of value.
*Tipsters advise different amount of selections per day/week.
One thing that can be said for certain is that if your tipster concentrates on shorter priced selections, they will need a higher strike rate than an 'Each Way' tipster.
In general I would personally like to have a tipster profiting two months from every three (or 66% of the time).
But that doesn't mean that all their tips should produce a 66% win strike rate. Tipsters will have good periods and poor, even during a month there will be up's and downs.
The best way of checking if your tipster is winning 66%+ of there months is by simply keep a log of monthly profit/loss figures.
At Tipster Street this is new feature that will be widely available on our websites very soon.
Below you can see how consistent each tipster has been on our platform.
Green shows a profitable month, with red showing a losing month.
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| Click to enlarge |
Of course when looking for the right tipster for you (everyone has different individual requirements) this is just step one of a variety of checks you should make before 'signing up'.
The biggest 'rule of thumb' is that bettors do not check out a tipsters worst losing run. This is a bad mistake. After all you need to know if your betting bank can swallow a tipsters worst losing run.
If wanting to build a betting bank steadily and quickly we would suggest following a tipster who concentrates on the shorter priced horses and win markets. Remember, if a tipsters average winner is priced 5/4 you only need a 50% strike rate to make a profit in the long term.
There's much more to following a tipster than following their tips each day. It's important that they are offering what you are looking for.
At Your Service,
Tipster Street.
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