There are literally thousands of Tipsters out there, all eager to give you their latest “hot tips”, normally “straight from the horses mouth” – But who can you trust, and should you pay for their services? Below are a few of the Tipster services that we have actually tried out and would recommend. Best of all – you don’t have to pay for them – They’re totally free!
They have a really good strike rate too, with around 40% of their Premium Tips winning – and at decent prices too. There’s no odds-on favourites being tipped by the guys at FRT!
Their sister website Free Footy Tips offers a similar service, but with Football betting tips. Again most of their tips are completely free, and have a great win rate – at the time of writing this, they’d made their members more than £1,000 profit (to £10 stakes) in just over 6 months!
As with FRT, if you want to start getting these free football tips, all you have to do is pop your email address in here.
Why use a Tipster service?
The main reason to get tips from a tipster is of course to try and gain an advantage over the average punter using guesswork and intuition to place their bets. Quite often trainers and stables have insider information that a particular horse is being trained specifically to win a particular race. Of course, if you know this, and the average punter doesn’t, then the odds on that horse will be longer than they otherwise would be, and in the long-term, you should win more often that you would otherwise.
And that is the key to using Tipsters – Remember that they will not correctly pick every single winner, but good tips will help you pick more winners than the average punter – As mentioned above, Free Racing Tips proudly declare their 40% success rate. The odds of you picking a winner at random from an eight horse race are just 12.5%. So clearly, Free Racing Tips know their stuff, but even so, 60% of the time your money will go into the bookies pockets. the key is of course that over time you profit from having more winners (and less losers) than the average person, who loses his money 87.5% of the time.
Should I pay for a Tipster service?
Before the Internet, the only way to get Horse Betting Tips or football betting tips was to subscribe to a mailing list for a few hundred pounds a year, or to ring up a Premium Rate phone number for the latest tips. Indeed, if you pick up a copy of the Racing Post, you’ll find loads of ads in there for Tipsters, all eager to get their hands on your money.
Of course, if you get a good tipster, with a decent strike rate, then it’s probably worth paying for their tips, as you should be winning often enough to ensure the tips are paying for themselves. Many people question “If they know so much, why don’t they just place the bets themselves?” For the most successful of Tipsters, it’s normally because the bookies are so aware of them that they are either banned from betting with them, or their stakes are capped so much to prevent them from continually beating the bookies.
Most tipsters make more money from selling their horse betting tips than they do from betting on their own tips, but (for the good ones at least), that’s only because their betting is restricted. The key thing is always to look at the success rate, and most importantly, the return of your betting (are they just tipping evens favourites? They’re probably just blagging).
And of course, in these days of Internet Betting, you no longer need to pay for a good tipping service. With sites such as Free Horse Racing Tips and Online Betting Guide, you can get the very best tips, and all without spending any money on paying the tipster.
Why would Tipsters give out free tips?
Quite often, the best tipsters give out a few tips for free, and then hold back their best tips for people who pay (i.e. the Free Tips help people see they’re a good tipster and worth paying for). There are also some websites who are paid by the bookies themselves to give out free tips. These include Football Betting Tips and Dog Betting tips.
Why would the bookies do this?
Because they know that the average punter is not as disciplined as the tipsters themselves. they know that if a tipster says “This horse has a fair to good chance of winning, Place £15 e/w”, quite a few people will get greedy and put £20 e/w, or an extra £10 to win. If this horse were to then fall, then the tipster would have already factored that chance into his stake, whereas the punter will blame “a bad tip” and probably bet the remainder of his funds on some long-shot to try and win back the money lost.
When people think methodically, the bookies lose out. Thankfully for the bookies, most people let their heart (and greed) rule their head.
Will the bookies ban me?
That’s very unlikely, unless you are really betting heavily (and winning) at the same bookie – Try and have accounts with quite a few bookmakers (There’s a list to the right of this article, or check out our list of Free Bets). Remember, even with one of the best tipsters, you’re going to lose money 60% of the time (It’s the odds on those 40% that give you your overall profit), and if that 40% will be shared around 5-10 different bookies, then they’ll have no problem taking your money one month and giving it back to you the next.