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4. Bet Bot Tipsters – Setting Up Your Portfolio

    You’ve now had an overview on the benefits to following the Wadster Bet Bots Pay For Profit subscription model, asked to consider what your betting priorities are and understand bankroll management. Now it’s time to develop a Betting Portfolio that’s tailored to your own needs. By the end of this article you’ll have an actionable six-step breakdown of exactly how to go about this.

    Your Bet Bots Portfolio Constraints

    So you’ve decided on your allocated betting bank in points for a tipster. How do you determine a Bet Bots portfolio based on this information?

    First, look at all the savings you have set aside for betting and use that overall figure as the starting point for developing a Bet Bots portfolio. For example, if you have £10,000 set aside for betting next month and you don’t want to spend more than 40% of your profit on paying for points renewals, treat each Bet Bot tipster with a separate betting bank.

    From this, you can start figuring out your options for creating a portfolio.

    TipsterRecommended Bank (Pts)Cost Per Credit (20% Multiple Bot Discount)Min Bank (40% sub fee investment)
    Flopshot Golf600£2.40£3,600
    Wadster150£4.00£1,500
    Bonz50£5.20£650
    Dynamite Darts50£4.00£500
    Outside Rides125£4.00£1,250
    Filipi Football75£8.00£1,500
    RedBall Cricket100£4.00£1,000
    Houdini NBA100£4.00£1,000
    LeoLeo100£6.00£1,500
    Arnars EuroBasket75£2.40£450
    Goals Galore (BTTS)125£4.00£1,250
    EVisking100£12.00£3,000
    Portugal Bets150£6.00£2,250
    Wrong Odds Racing150£4.00£1,500
    Hockey Guru150£4.00£1,500
    Footy Away Lays100£6.00£1,500
    JP Draws150£4.00£1,500
    Min Bank Recommended Calculation = recommended bank * cost of credits * 2.5 (40% sub fees only)


    Determining Your Betting Portfolio Allocation

    This framework can help you determine your allocation towards a betting portfolio, ensuring you manage your betting losses and avoid overexposure. Using a £10,000 example, let’s assume you prefer to spend only 20% on reinvesting profits into tipsters. This means doubling the minimum bank figure in the last table (e.g., Wadster Bank from £1,500 to £3,000), resulting in a cumulative sum of around £10,000 for all your tipsters.

    Here’s a potential portfolio:

    Betting Bank (20% Sub Fees)Cumulative Bankroll SumStake per pt
    Bonz£1,300£1,300£26
    Dynamite Darts£1,000£2,300£20
    Outside Rides£2,500£4,800£20
    Leo Leo£3,000£7,800£30
    Red Ball Cricket£2,000£9,800£20
    Order your tipsters by priority

    Approach to Betting

    The above framework provides a safe method to make consistent profits over time by lowering volatility through diversification and prudent staking. This approach reduces the risk of busting one bank, let alone five. While conservative, it still offers higher returns compared to most other investment vehicles.

    Great video on why value betting is a great investment vehicle courtesy of TrademateSports.

    Alternative Strategies

    There are numerous ways to profit effectively. For instance, you might allocate larger banks to a high consistent ROI tipster like Bonz, staking £100 per point and allocating half your bankroll (£5,200) while paying only 5% in subscription fees. However, allocating a higher percentage to one tipster increases susceptibility to variance, making betting less controlled.

    Personal Financial Situation

    The amount allocated to a tipster varies greatly depending on an individual’s financial situation. If you have £50,000 and want to diversify, you could follow most tipsters in the Wadster Bet Bots portfolio and pay less than 10% in subscription fees. Many options are available for portfolio allocation based on personal priorities.

    For instance, if you have a large bankroll (£50,000) and prioritize high ROI pinnacle bets, you might lean towards a tipster like EVisking. Conversely, someone with a £5,000 betting bank would likely have a different strategy.

    In summary, the approach to betting portfolios should be tailored to individual financial situations and priorities, balancing risk and potential returns for optimal management.

    Image by vector4stock on Freepik

    Conclusion – Step-by-Step Framework for Deciding Bet Bots Portfolio Each Month

    1. Determine Points Allocation: Decide how many points to allocate to each tipster’s betting bank.
    2. Assess Available Funds: At the start of the month, determine your total betting funds and use this as your maximum constraint.
    3. Prioritize Tipsters: Order your tipsters by priority based on your personal circumstances and set aside a bankroll for each.
    4. Allocate Separate Bankrolls: Allocate a separate bankroll for each tipster until you reach your total betting amount. Include non-Bet Bot tipsters too.
    5. Adjust and Balance: Make tweaks to balance the portfolio. You may want to add another tipster and adjust other betting banks accordingly.
    6. Monthly Review: Repeat steps 1-5 at the start of each month with updated figures. Reinvest profits to increase stakes or add new tipsters.

    By following this structured and replicable framework, you can avoid chaotic betting and overexposure, enabling more objective betting decisions.


    Your Bet Bots Journey Awaits…

    If you have any questions, feel free to message me on Telegram @wadster or email aidan@wadster.co.uk. If you’re new to Bet Bots and would like to trial your own Bet Bots Betting Portfolio, contact me using the details above to receive a 3-point free trial of up to five Bet Bots services—that’s 15 free credits to get you started!

    Thank you for taking the time to read this 4-part series. You should now be well on your way to starting your Wadster Bet Bots journey towards consistently profitable betting!

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