For punters, there’s a single overriding factor in deciding whether or not you should follow a horse racing tipster, and that revolves around money. A good tipster gives you a return on investment over the long-term.
Here are tips for following a betting tipster:
1. Assess a tipster’s claims on his track record. Do they provide solid returns on a punter’s betting capital over the long haul? Are they frequently on winning streaks?
2. Does the tipster possess considerable knowledge about horse racing? Do they consistently acquire inside information or special insights that place you at a competitive advantage over the long haul? Does their betting methodology seem analytically sound, and is their thesis plausible? Don’t fall prey to a phony.
3. Notice that placing wagers on horse races inevitably involve variance – short-term fluctuations in results. That’s because each runner, no matter their historical display of blazing speed, must face a large field of competitors. However, ask yourself if the collection of advice conveyed by the tipster produce more winning sessions than losing ones over a period of time. If so, then the tipster probably has a proven methodology of assessing the marketplace’s (i.e., bookmakers) pricing of odds.
4. Look at a tipster’s reputation. Is the tipster considered a promising or established authority in horse racing? Or is the tipster a relatively unknown entity?
5. Is the wagering advice conveyed in a professional manner? Tipping involves trust as the punter must risk his or her capital based on third party advice. An unprofessional presentation could place the bettor at risk of a scam.
6. Go for reasonably priced subscription costs. That allows you to compare several tipsters without committing too much capital on betting advice. High priced fees could signal a scam or fraudulent operation.
Tipsters create value for punters by enabling the latter to allocate their betting capital on racehorses that have been priced incorrectly by bookmakers and the marketplace. They typically possess inside information on runners, trainers, weather and track conditions, injuries and any other variable that can affect the outcome of a meeting. Good tipsters look for trends and follow emerging patterns which are intended to give punters a betting advantage.