How to Identify a Good Sports Betting Tipster

How to Identify a Good Sports Betting Tipster
5 min read
13 June 2023

A sports betting tipster provides an edge for bettors by analyzing statistics and applying math. This can help you avoid the mistakes made by novices. It can also improve long term profits.

Tipstrr is a network of professional tipsters that offers free and paid tips on sports events. Its website is easy to navigate and shows important stats for each tipster.

Sports betting tipsters

Identifying a good tipster

The best way to identify a good tipster is by checking their profit record. This includes crucial information such as their strike rate, average profit, and 30-day profit. In addition, a good tipster will always provide detailed proof of their results. This is especially important if they charge for their services.

The length of a tipster’s record is also important. A good tipster should have a long-term profitable history and trustworthy proof of this performance. Some may be able to maintain an impressive ROI over a short period, but this is not necessarily a sign of reliability in the long run.

If a tipster’s profits are only for a few months, they’re probably relying on luck or market movements to achieve their results. A tipter who only has a few winning seasons and then claims to have ‘insider information’ should be met with scepticism. It’s also worth remembering that a good tipster will not increase their bankroll dramatically after each successful season.

Selecting a betting system

While it is possible to make money betting on sports, you must have a good understanding of the sport and its betting markets. There are many betting systems that promise an edge over sportsbooks, but it is important to do your research before selecting a system. These betting systems range in complexity, but all of them follow a fixed strategy that will hopefully guarantee a profit.

The key to a winning bet is to know the sport well, and the odds of each team and match. For example, a soccer team’s chances of winning are much lower than their actual probability of beating an opponent, and this is why it is crucial to find a tipster who understands these nuances.

It is also important to consider the factors that influence the outcome of a game, such as injuries. Sportsbooks take injury data into account when setting their lines, so this information can help you spot value in the newest betting odds.

Managing your bankroll

If you are serious about sports betting, money management is one of the most important things to understand. It is the difference between winning and losing. A responsible person would never spend more than they can afford and they would wait until their next paycheck to buy things. But when it comes to sports betting, your bankroll is like your ammo and you need to protect it.

If possible, try several tipsters and keep detailed notes of their performances. This will help you audit their results and find the best fit for your staking strategy.

You should also consider establishing stop-win limits for your bankroll. This will prevent you from chasing your losses and will help you develop discipline. A stop-win limit will not guarantee that you will make a profit, but it will increase your chances of doing so over the long run. A good place to start is with Tipstrr, a free service that allows you to try out sports betting tipsters.

Following a tipster’s advice

Whether you follow a tipster’s advice or not, it’s important to understand their motivation. It’s best to avoid those who offer guaranteed riches in exchange for a fee. These are likely to be scams, as sports betting is not a get-rich-quick scheme. Instead, look for a genuine expert who offers tips with full analysis and reasoning.

It’s also important to remember that no one can guarantee you wins. Even the most reliable tipsters will have losing streaks from time to time. It’s not uncommon for large tipsters to lose their mojo for a few months. They may lose faith in their system or simply have a dry spell for some reason. This is why it’s essential to manage your bankroll carefully. The good news is that many tipsters will give you bankroll management guidance. This will prevent you from over-betting and potentially going broke. Some will even offer free tips for a limited period to encourage you to subscribe.

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