How to Choose a Tipster? BetGra Verification Can Help and Advise

24.09.2023 15:30

Choosing the right tipster is vital for your upcoming success, and although it might seem simple at first glance, it's not necessarily straightforward. If you take betting seriously – meaning, if you genuinely aim to make some money from it – aside from your personal sports preferences, you should also factor in some other even more crucial elements when choosing a tipster. We'll discuss these factors in this article.

 

Personal Preferences

If you don't see buying tips only as an investment and also want to enjoy betting a bit, you should choose a tipster that matches your personal preferences in three dimensions:

• Sport
• Type of bet
• Bookmakers

It's clear. If you enjoy watching hockey, you probably won't choose a tipster focusing on, let's say, horse racing. Information about the representation of individual sports within the tipster service can be found when you expand the service description, both in the form of icons and a detailed "pie chart", which also shows the representation of individual sports in percentages.

 

Type of Bet

The type of bet can also be very important for bettors and, consequently, for sports fans. Betting on the number of yellow cards feels different than betting on the total number of goals (over/under). Before finalizing your order, summarize which type of bet you're most passionate about and then conduct a more detailed survey in the section of evaluated tips. You can find this under the graphs of each tipster.

 

Bookmakers

If you want to achieve the same or at least a very similar profit as the monitored tipsters, you should use the same bookies (or at least those most frequently used by the tipster).

The reason being, the odds offered by different bookmakers vary, and what one bookie offers, another might not. And even if bookmakers offer the same betting opportunities, they might offer completely different odds. This also significantly impacts the final result, as explained in the article "Why Some Bettors Win and Others Don't? The Concept of Value Betting".

 

Drops or Declines in Odds

In the environment of paid tipster services, one of the hottest topics is drops in odds. As you now know from the article mentioned above, betting at the same or slightly lower odds compared to monitored tipster services can result in reduced profit or, in extreme cases, even a loss.

The problem with many tipster services is that they might have impressive numbers, but their clients benefit little from them because the published odds quickly lose value, meaning they decrease rapidly.

Fast drops in odds can be caused by:

• A large number of clients
• Betting on small markets

Bookmakers adjust odds based on public interest. If a large amount of money suddenly starts flowing into one market, the bookie assesses the odds as being erroneous and quickly reduces them. And this reduction can happen within seconds.

In general, the more clients a tipster has, the more likely the odds on the given tips will reduce rapidly. This also decreases the likelihood that you will be able to place the selected bet at an acceptable price.

 

Betting on Small Markets

The smaller the market, the more noticeable it is when more money starts flowing into a selected betting opportunity. Fewer people bet on such markets, so any fluctuation is quickly visible.

Another problem is that bookmakers don't pay as much attention to setting odds in smaller markets, leading them to make bigger mistakes. As a result, tipsters achieve fantastic YIELD on these markets, but artificially. Only a few selected people can bet at that price, while the rest bet at a significant disadvantage.

For instance, smaller markets might include sports like water polo, table tennis, and volleyball, or leagues such as the 2nd Uzbekistan league, or types of bets such as the number of cards in football. On the other hand, larger markets include sports like football and hockey, leagues like the Champions League or bets like match outcomes.

From the above, it's clear that the more popular the sport the tipster focuses on, the more watched leagues and more common bets you find in their repertoire, the less likely the provided odds will decrease. This means that with such services, you are more likely to achieve results similar to those presented.

 

Number of Tips

Your profit directly depends on the number of provided tips. Sometimes, the number of tips is more important than the monetary return. In general, the more tips you add with the same YIELD, the higher profit you'll have. Let's take a closer look.

Example: Let's compare two tipster services. One tipster offers 10 tips a month (the minimum on the BetGra website) with an YIELD of 20%. The second tipster offers 100 tips a month with an YIELD of 10%. Assuming the same bet amounts, which one will yield a higher profit in the long run?

Using the given formula:

• Number of bets × stake = amount of money wagered
• Amount wagered / 100 = one percent
• One percent × YIELD = profit

For the first tipster:

• 10 x €1000 = €10,000
• €10,000 / 100 = €100
• €100 x (20 / 100) = €20 

Resulting in: 10 x €20 = €200 

 

For the second tipster:

• 100 x €1000 = €100,000
• €100,000 / 100 = €1000
• €1000 x 10 / 100 = €100 

Resulting in: 100 x €100 = €10,000

It's clear that the second tipster, despite the lower YIELD, will earn you significantly more money.

The above example assumes that both tipsters maintain their return continuously and in the long run, which is not always the case. Still, this demonstrates that sometimes, quantity can outperform quality.

When choosing a tipster, think about how much you are willing to invest. A larger number of tips require a larger bankroll, but they can also bring you a higher return. On the other hand, if you are a smaller investor, a service with fewer tips but a higher YIELD can be more suitable for you.

 

Volatility of the Return

The next point we need to focus on is the volatility of the return. In simple terms, volatility is a measure of how much the value of something changes. In the case of a tipster service, it's the change in return.

If a tipster has a high volatility of return, it means that one month they might earn a lot, while another month they might lose a lot. For example, this could be +30% YIELD in one month and -10% YIELD in the next month.

On the other hand, a tipster with low volatility might achieve +5% YIELD in one month and +3% YIELD in the next month. The results here are more consistent.

A high volatility can be caused by betting on higher odds (for instance, around 5.00) and by a small sample of tips. In the case of a tipster who provides only a few tips a month, even a slight deviation from the average can significantly influence the final result.

 

What Does This Mean for Bettors?

High volatility means higher risk but also a higher potential return. If you decide to use a service with high volatility, you should also have a higher starting bankroll to absorb potential losses. On the other hand, with low volatility, you'll get more consistent returns, which is safer for more risk-averse bettors.

 

Betting on Higher Odds

A higher average odds value can be attractive for bettors because it promises higher returns. However, it also brings higher volatility.

Higher odds mean fewer winning bets but a higher return on each winning bet. In contrast, lower odds mean more winning bets but a lower return on each bet. A successful bet at odds of 1.50 yields a much lower profit than a successful bet at odds of 5.00.

However, higher odds also mean a smaller probability of the given bet being successful, which means a higher risk of losing. Betting on higher odds can be exciting, but it's also riskier. If you're a beginner, you might want to stick to lower odds until you become more familiar with the betting world.

 

Betting on the Asian Handicap

Betting on the Asian Handicap (AH) is a little more complex than traditional betting. AH eliminates the possibility of a draw result, meaning you can only bet on a win or loss. In return for removing the draw option, AH gives bettors a half-goal handicap.

Let's say there's a football match between Team A and Team B. With AH, you can bet on Team A to win with a -0.5 handicap, meaning they have to win by at least one goal for you to win the bet. If the match ends in a draw or Team B wins, you lose the bet.

If you decide to bet on Team B with a +0.5 handicap, Team B has to either win the match or draw for you to win the bet. If Team A wins by at least one goal, you lose the bet.

In this way, AH balances the playing field when there's a clear favorite and underdog. It's an exciting way to bet, but it's essential to understand the rules and strategy behind it.

 

Why is This Important?

Betting on AH can be both advantageous and risky. The advantage is that AH eliminates the draw option, which can be a significant factor in sports like football, where draws are quite common. The risk is that AH requires a deeper understanding of the teams and the match itself. It's not just about which team will win but by how much.

For bettors familiar with AH, it can be a lucrative betting option. But for beginners, it may be a bit confusing. If you're considering betting on AH, it's essential to do your research and understand the strategy behind it.

 

Which is the Best Time to Place a Bet?

Every tipster has their unique style and approach when it comes to the timing of placing bets. Some tipsters might send their tips well in advance, while others might send them just a few minutes before the match starts.

There's no one-size-fits-all answer to this question. It depends on the tipster's strategy and the specific match or event. However, there are a few general guidelines that can help you decide the best time to place a bet:

Odds Movement: If you notice that the odds for a particular bet are continuously dropping, it might be a good idea to place your bet sooner rather than later. On the other hand, if the odds are rising, you might want to wait a bit longer.

Information Availability: Sometimes, last-minute information can significantly impact the outcome of a match. For example, if a key player gets injured or a coach makes a surprising decision, it can change the dynamics of the game. In such cases, it's essential to be updated with the latest news and adjust your bets accordingly.

Tipster's Recommendation: Always consider the tipster's recommendation. If they suggest placing a bet immediately, it's probably for a good reason. On the other hand, if they advise waiting, it might be worth listening to their advice.

Personal Preference: Ultimately, the best time to place a bet is when you feel most comfortable. If you're confident in your decision and have done your research, go ahead and place your bet. But if you're unsure or feel like you need more information, it's okay to wait.

In conclusion, the best time to place a bet varies depending on several factors. It's essential to stay updated, do your research, and trust your instincts.

 

Understanding Betting Limits

Every bookmakers has its own set of betting limits, which determines the maximum and minimum amounts you can bet on a particular event. These limits can vary depending on the sport, league, and even the type of bet.

Understanding betting limits is crucial for several reasons:

Maximizing Profits: If you're confident in a particular bet, you'll want to bet as much as possible to maximize your potential profit. By knowing the betting limits, you can ensure that you're getting the most out of your bets.

Managing Risk: On the other hand, if you're trying to manage your risk, it's essential to know the minimum betting amount. This way, you can place smaller bets on riskier events and save your bigger bets for more confident predictions.

Avoiding Rejections: Nothing is more frustrating than spending time researching and analyzing a bet, only to have it rejected because it exceeds the betting limits. By understanding these limits, you can avoid this situation and ensure that all your bets are accepted.

Diversifying Your Portfolio: By knowing the betting limits for different events and sports, you can diversify your betting portfolio. This means spreading out your bets across various events to minimize risk and maximize potential profit.

In conclusion, understanding betting limits is an essential aspect of successful sports betting. By knowing these limits, you can make informed decisions and get the most out of your betting experience.

 

Conclusion

Sports betting is a complex and multifaceted activity that requires knowledge, strategy, and sometimes, a bit of luck. By understanding these essential aspects of sports betting, you can increase your chances of success and make more informed decisions. Whether you're a beginner or a seasoned bettor, always remember to bet responsibly and enjoy the process.

 

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