Your Betting Priorities
The landscape of betting has become saturated with tipster options, making it crucial to develop a disciplined approach to selecting the right ones for your goals.
Let’s consider five of the most important factors to prioritise when considering the Bet Bots tipsters.
1. Betting Sample
One challenge with the Bet Bots portfolio is dealing with small sample sizes for new tipsters. Established tipsters with long-term records often have existing setups, making them harder to attract. In contrast, Bet Bots often brings in new tipsters who haven’t run public paid services before, resulting in smaller initial sample sizes.
Smaller sample sizes, like those from a 6-month period, introduce more variance compared to a 6-year period. Therefore, it’s crucial to start with lower stakes for these tipsters, increasing your stake as their sample size and your confidence grow. Ideally, aim for a sample size close to 1000 bets to be more assured of their projections.
A common challenge in betting is the fear of missing out (FOMO). You might be tempted to follow a tipster with six months of consistent profit, but this can be misleading. Tipsters can struggle with public tipping pressure, market changes, or personal issues.
Always consider the worst-case scenario when starting with a new tipster. The more consistent months or years they have on the platform, the more trust you can place in them. Experiencing losing runs early on isn’t necessarily bad, as it provides insights into the tipster’s resilience and communication.
Bet Bots Top 5 for Sample Size – Dynamite Darts, Bonz Bets, Wadster, Houdini and Arnars Eurobasket.
2. Tipster Sending Times
The timing of when selections are sent is mostly a matter of personal preference but can impact your ability to act on tips. The Bet Bots setup allows you to set active times and follow live bets you’re available for, minimizing the impact of missing out on selections.
3. Source of Profit
Not all profit is equal in terms of effort and sustainability. Here’s my personal hierarchy of betting options:
- Pinnacle & Betfair Exchange
- Live Bet365
- Pre-Event Softbooks (higher liquidity)
- Early Pre-Event Softbooks
Different sports and markets affect the sustainability of profits. For example, UK Horse Racing and Greyhound Tipsters may offer high ROI but can quickly flag and close accounts due to early betting patterns. Similarly, services that show good ROI in obscure football markets often face fast odds cuts, making them unsustainable long-term.
While other platforms might advertise better results, their viability is often questionable, requiring trial and error with monthly fees. Bet Bots excels by providing services that match recorded figures while preserving accounts sustainably. Less popular sports like cricket, darts, and tennis are less likely to cause account issues, and bets on Betfair Exchange and Pinnacle have no future profit caps.
In-play options, like those with Bonz, offer better longevity with higher limits and less monitoring from Bet365. Early pre-match bets often signal sharp price drops, which can flag accounts, but this issue doesn’t exist with live bets.
4. Personal Financial Situation
Your financial situation heavily influences your betting strategy. If betting is a small part of a larger financial plan, you can afford to take more risks and weather losing months more easily. However, if betting is your main investment or you allocate a significant portion of your disposable income to it, consistent profitable months become crucial.
In this case, prioritize tipsters with the highest ROI and lower average odds, such as EVisking, Filipi, Bonz, Dynamite Darts, and Red Ball Cricket. These tipsters are more likely to provide regular returns and help grow your bankroll steadily.
| Tipster | ROI | Profitable Months (%) |
|---|---|---|
| Bonz | 8.3% | 93 |
| Filipi | 14% | 80 |
| EVisking | 16% | 92 |
Conclusion
Learning what works for you in following tipsters often comes with experience and ones own tolerance to risk. The five factors: sample size, sources of profit, personal finances, consistency and tipster sending times encompass a lot of what’s important in your own considerations in following tipsters. Over time, you’ll be able to adjust based on the factors mentioned and learn what works for you!
Stay tuned for our next part of the series relating to allocating and managing bankrolls for the tipsters you follow!
