by Mircea Panait
In the previous edition of the magazine, we have made an analysis of paid bets. We are trying to elaborate this topic, which is very special and for which, however, little pertinent data and information ca be found. The question “Does it worth paying for bets/tips” is problematic for most of us.
If you have already decided, consider the following pieces of advice: a) do you have accounts in betting houses where the tips are provided?; b) does your bank agree with the required or recommended amount bets?; c) how long do you receive your tips before the event starts, is the method of communication advantageous for you?; d) what are your expectations from this service?; e) what guarantees do you have on continuance, consistence, reliability, and physical support offered?; f) are those who offer paid tips certifies, licensed, controlled by a third party?
a) do you have accounts at the betting houses where tips are offered? On the Romanian market, there are licensed betting agencies that have quite diversified offers. You would better be informed on the Terms and Conditions of each agency, on the betting method, average betting rates and limits. Some betting houses have small limits, others have no Asian handicap, and other offer no favourable rates. If you lose on rate @1.70, which is actually @1.84, you do not do anything but accumulate a small row of loses due to margins. Another matter to be considered is the possible limitation of the betting account. Betting agencies do not like winners. It is determined that only 2% of the betters have constant winnings and obtain a profit.
b) does your bank agree with the required or recommended amount bets? Here the matter is relatively sensitive, because each of us knows their available budget for betting, betting bank. If the service is a monthly one, for which you pay a subscription (i.e. 500 RON) and a number of 20 tips is offered, the conclusion is that the bank used needs to be substantial, several times bigger than the paid subscription. In this case, both monthly profit and the rate need to be carefully monitored.
c) how long do you receive your tips before the event starts, is the method of communication advantageous for you? Bets, tips shall be submitted and taken over within a reasonable time, which allows you to benefit from a certain rate related to the bet. Depending on the market, betting houses amend the rates on-line, and if the received bet has a @2.01 rate at the agency, when you try to bet, the rate became @1.94, even if the bet is a winning bet, the rate shall be affected. Therefore, if you have a performant smartphone and you frequently read your e-mails, it is preferable to receive bets via at least two methods.
d) what are your expectations from this service? Here is a type of subscription, present on the Romanian market: ”VIP Classic – 100 lei per one month, VIP Gold –150 lei per two month, VIP Platinum – 200 lei per three months. VIP subscribers will receive 2 live tickets a day; 1 VIP ticket, rate 2-3; 1 VIP ticket, rate 3-7. Our tickets have a success rate of minimum 51%”. Analyse which are your expectations: a 10% monthly profit rate, to double, triple the bank,… and if those are realistic. There is no short way to profit in sport betting.
e) what guarantees do you have on continuance, consistence, reliability, and physical support offered?
f) are those who offer paid tips certifies, licensed, controlled by a third party? The two facts are directly related and they draw attention to this matter of a special importance.
First, there should be a licensed website. If it not licensed, it should be at least verified, audited by a third party (there are several websites specialized in verifying the exactness of tips). Secondly, it is about a certain seniority in the field and of recommendations granted by other betters. Reputation and results of a site or of a tipster can be easily checked and each site specialized in this field submits a list of partners/tipsters, and timely details of their activities.