Online gambling tips

GoldenBoot

I have been tipping in a certain betting market for a while with a good deal of success and a roi > 40%. there is another online forum with a core group of members who know eachother through a common interest. i am thinking of offering to supply tips free of charge if they fund their online bookmaker with a set minute amount of money and place the exact bets i tell them until the bank has reached a preagreed amount at which time they forward me half that amount. how do i avoid people refusing to forward on the cash (what recourse is available)? what is the easiest and quickest way to get them to verify their identity at the start? i am aware of other avenues of revenue. This would be a once off short term arrangement.

knighted_1

gambling debts are unenforceable in law unless a fraud takes place

a game of chance ,hence you will be a chancer as you are trying to profit from an event you have no control over - you are trying to sell your opinion to a weaker minded individual and if your right you gain and if your wrong you dont suffer financially ,the mug punter does - hence the description chancer

snake oil is a good bolt on attachment for your product

you have no business

bookmakers have a business -they form an opinion on an event and back or lay their opinion for financial gain or LOSS - they operate in games of chance but they are not chancers ,they are investors ,they invest in thier opinion of an event and take margins percentages and profit -

you finish your post with the words "this will be a once off financial arrangement"
you know deep down no body will use you a second time ?
like all good scams it only works once


i lifted this from the humour section as it seems apt --


Granny MacDougal went into her local bookies every day.

She always bet one pound on one horse and every day she won.

The bookie asked her how she did it.

She told him...."Every day ah jist get oot a pin and stick it in the racing section..Ah guess Ah'm jist lucky".

One day she puts on a four-horse accumulator... again betting one pound.

All four horses won their races and she won almost five hundred pounds.

The bookie asked her how she had managed to select four winners.

SHE replied..."Ah couldna find ma pin so ah jist used a fork!".

GoldenBoot

I have a proven and published track record.

certain bookmakers have limited my bets.

i put a great deal of work into this and specialise in one market.

thanks for your input.

Atlas_IRL

Only way it can work really is through a subscription based website. Publish your results and people will join. Gamblers will pay for something that makes them money and are always looking out for new systems and sourced of information.

It takes time though so the best way is to join something like betfan(http://www.betfan.co.uk/) and get accepted by them. They will then promote you to their readers and you will get subscriptions that way.

Bluetonic

GoldenBoot wrote: »

I have a proven and published track record.

There is a chance that might be down to luck. Would you publish your analysis?

GoldenBoot wrote: »

certain bookmakers have limited my bets.

Limiting happens for a variety of reasons, one of which of course is a loss making account. There are numerous others though. Accounts which are loss making have been limited too.

GoldenBoot wrote: »

i put a great deal of work into this and specialise in one market.

I would suggest going to work for one of the bookmakers as a trader on that market where you will potentially be rewarded far greater than through your own business.

knighted_1

GoldenBoot wrote: »

I have a proven and published track record.

certain bookmakers have limited my bets.

i put a great deal of work into this and specialise in one market.

thanks for your input.

publish your last 6 mths profit and loss here and we will analyse it for you
shouldnt be a secret if you are proven and published already

point i was trying to make is you dont have a business you have a hobby based on your opinion to an outcome of a certain event

if it was a business you could control or limit that event

GoldenBoot

knighted_1 wrote: »

publish your last 6 mths profit and loss here and we will analyse it for you
shouldnt be a secret if you are proven and published already

I have no intention of ever publishing my analysis. It has taken two years of analysis and fine tuning to be able to analyse one market accurately and achieve the ROI I am showing.

That sort of expertise is worth money through a tipping company which I will eventually set up when the marketing campaign has sufficient background. I am willing to wait to establish a name so that I dont have to give up the percentages the tipping companies are asking from me.

I post two tips each week on www.sportsbookreview.com and to establish my track record in the public domain among other product placement activities.

knighted_1 wrote: »

point i was trying to make is you dont have a business you have a hobby based on your opinion to an outcome of a certain event

if it was a business you could control or limit that event

this is the second time you said this. Its not at all true. There are alternative revenue streams apart from traditional bookmakers.

What qualifies you to analyse anybodys tips?

Your not adding any value to the thread. Leave it alone.

GoldenBoot

My original post simply asks the best way to deal with one scenario.

Thanks for the helpful advice on alternative revenue streams but I have another motive for the scenario in the opening post and would appreciate opinions on this scenario exclusively.

Bluetonic

The major problem with the company is that you would not be able to prevent bookmakers getting the information, which if as accurate as you say, they would just slash the odds on those selections and limit the stakes, thereby pretty much destroying your business and as a result you not fulfilling your stated ROI thereby failing your customers.

You've no idea who will be getting the information you send out and where it gets passed on, but believe you me bookmakers will get it directly or indirectly if it in any way is a threat to them.

GoldenBoot

Bluetonic wrote: »

The major problem with the company is that you would not be able to prevent bookmakers getting the information, which if as accurate as you say, they would just slash the odds on those selections and limit the stakes, thereby pretty much destroying your business and as a result you not fulfilling your stated ROI thereby failing your customers.

You've no idea who will be getting the information you send out and where it gets passed on, but believe you me bookmakers will get it directly or indirectly if it in any way is a threat to them.

bookmakers are not going to slash their odds on a large market in major European games solely because of my tips.

There are 100+ bookmakers offering this market.

There are betting exchanges.

bungler

http://waynebaileyracing.com/default.aspx

This guy works with Betfair and gives out free tips and you can donate money towards him. I used it for a while and won a tidy litte sum of money but am trying to stay away from gambling of any sort now, but maybe contact Wayne he's a really nice guy

D.W

Goldenboot- check this out http://www.horseracingpro.co.uk/pay-as-you-win.htm May not be exactly what you had in mind but perhaps not a million miles off. I assume if you don't "pay up"-you dont get the tips.

knighted_1

D.W wrote: »

Goldenboot- check this out http://www.horseracingpro.co.uk/pay-as-you-win.htm May not be exactly what you had in mind but perhaps not a million miles off. I assume if you don't "pay up"-you dont get the tips.

thats called an "odds to " service (or scam)
derrin brown done a version of it

80 people ring the phone line and its an eight horse race
give each group of ten a different horse
so ten people have to have the winner
ten people have staked 50 quid on your behalf
even if the odds are evens you have made yourself 500 quid
if the horse thaty wins is 10/1 you have made 5 grand

but ...........70 people have each lost 50 on your behalf (3500) plus what they staked themselves
hence scam
not nice

Bluetonic

GoldenBoot wrote: »

bookmakers are not going to slash their odds on a large market in major European games solely because of my tips.

You fail to see the snowball effect of a good tipping nor how much bookmakers watch trends.

You seem a little naive but then the majority of gamblers are.

GoldenBoot

Bluetonic wrote: »

You fail to see the snowball effect of a good tipping nor how much bookmakers watch trends.

You seem a little naive but then the majority of gamblers are.

you dont seem to realise that it completely depends on how it affects market liquidity and as i replied to your previous post... this is a major european market not pricewise tipping the bumper at kempton.

thanks for your input.

Theres companies in the states that does precisely what you want to do, but over a long period and they build up their clientel and do it over a wide range of sports.
Plenty of people will set up accounts if your stats are good.

GoldenBoot

Thanks for the encouragement. As the market i specialise in is relatively new and extremely voilatile the max selections i would have in a gameweek over the main european leagues that allow this ROI would be 5 and average approx 3.5.

i am working on building a two year track record before switching to charging and advertising in the mainstream media.

due to limited selections and marketing to the casual punter who will tell their friends who may sign up on a whim im looking into a text message based subscription service.

GoldenBoot

GoldenBoot wrote: »

Thanks for the encouragement. As the market i specialise in is relatively new and extremely voilatile the max selections i would have in a gameweek over the main european leagues that allow this ROI would be 5 and average approx 3.5.

i am working on building a two year track record before switching to charging and advertising in the mainstream media.

due to limited selections and marketing to the casual punter who will tell their friends who may sign up on a whim im looking into a text message based subscription service.

check out the movie Two for the Money if you havent seen it

GoldenBoot

I have. Not very inspiring. Chasing losses is a sure way to bust the bank. Poker players try to justify the end as them hitting a downswing. I am using a set in stone staking plan and the games are selected by stats not gut feel. If the numbers dont add up there is no bet.

modmuffin

I would suggest you offer the service to ~10 well known people from a few different forums for free for 6 months and get them to report on their experience.

I for one would have no objection to giving up a % of winnings (as long as I was up myself) if it meant the tips keep on coming.

If you build it they will come