What Are You Bringing To The Table?

There are many of punters who struggle to make money following tipsters.

Is it because the tipsters they are following are bad or disreputable?

Possibly, but with the number of individual reviews and reviews from sites like Winners Odds available, it is fairly easy to tell who’s the real deal and what services are dodgy.

So if the tipsters people are following are generally profitable, why are some punters still not making any money?

The main culprit is people quitting services without giving them a chance, and then moving on to some new service before giving up on that too.

The main reason behind people intentions to quit a service is unreasonable expectations of the results of tipsters.

A tipster is not a miracle maker!

Following a tipster won’t make you an instant fortune!

And not every bet a tipster advises is going to win!

I know I’m preaching to the choir here, but some people actually believe those things.

So if the tipsters doing their job and making a long term profit. (eg. being in profit over a period of 3 months)

then the problem must be with the struggling punter.

A tipster is just one part of the equation. You have to bring a solid foundation of betting knowledge to the table to get the best results.

This is why I’m always banging on about bankroll management, staking plans and the like.

A solid foundation of knowledge, an analytical mindset and a little bit of patience will go a long way in helping you become a successful bettor.

I can’t help you with the later two, there up to you, but if you read a number of article here at Winners Odds, you will gain a good foundation of betting knowledge.

If you’re looking for some tipsters to pair your betting knowledge with, here are the ones I recommend:

http://winnersodds.com/tipster-portfolio

Until next time,
Kenny Turnbull.

Tipster Street.

Strengthen Your Betting Mindset

Making money from betting requires discipline.

It’s all to easy to get carried away, betting stakes too big, either for your current bankroll or for your current mindset.

For example, take someone new to betting.

They’ve done the basic due diligence and either found a proven tipster to follow or have been paper trading their own selections for a time and have now decided to start backing them with real money.

If they jump right in and start backing with £50 stakes right away and they quickly hit a dry spell.

Before they know it they’re down 30 points. That’s £1500 in real money terms.

Even if they have the bankroll to sustain this kind of loss without a problem, they would probably be feeling a little bit worried about losing that kind of money so quickly.

They might be so worried that they abandon their betting all together and cut their losses.

But if they had started out betting to smaller stakes, say £2, they would have only lost £60.

No big deal.

They are far more likely to continue on betting and if the tipster or selection process is profitable (which it should be if they have done enough due diligence) they will see a turn around in results along with some profit.

They would then realize that a 30 point downswing isn’t that bad and is actually quite normal.

This experience will have allowed their mindset to change and they will be much better prepared to deal with downswings now when betting to higher stakes.

And with the higher stakes will come higher profits.

But they might not be able to deal with the downswings at higher stakes, if they hadn’t first experienced them at lower stakes first.

If you’re looking for a proven tipster to follow, here are the ones I recommend:

http://winnersodds.com/tipster-portfolio

Until next time,
Kenny Turnbull.

At Your Service,

Tipster Street.

Is Portfolio Betting Right For You?

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:

http://winnersodds.com/tipster-portfolio

Kenny Turnbull

At Your Service,

Tipster Street.