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BETTING INCOME FORMULA

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BETTING INCOME FORMULA

© Edgar Depino. All rights reserved

The views expressed within this book are based on the author's experience alone. Any
money used within the services mentioned is made so at the risk of the individual.

This book is for information & education purposes only and does not represent
financial advice. There is a risk of loss in betting. It is my intention to be as accurate
as possible. However, I cannot be held responsible for any error in detail, accuracy, or
judgment whatsoever.

Literary copyright for this document and all the articles herein are held by Edgar
Depino. People are free to print this document for their own use, but may not share
this content with others without my express permission. Any person found to have
made this book's contents available to other people in person or via the internet
without express permission may be subject to legal action.

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About This Book ....................................................................................................................................................... 5


Introduction To Betting: How Can you make money today? ....................................................................... 6
Fixing matches.......................................................................................................................................................................6
Arbitraging ..............................................................................................................................................................................6
Bonus Rollover / Matched Betting ..................................................................................................................................7
Being an expert .....................................................................................................................................................................8
The Best: Copying Experts (On Autopilot) ..................................................................................................................9
About the Bookmakers ........................................................................................................................................ 10
European Bookmakers ......................................................................................................................................... 11
Some of the most common characteristics of this type of bookmakers are: .............................................. 11
Asian Bookmakers ................................................................................................................................................ 12
Some of the most common characteristics of this type of bookmaker are: ................................................ 12
Besides, two other possible benefits of Asian Bookies are: ............................................................................... 13
Secondary Markets and Primary Markets ....................................................................................................... 14
That's how it was for a long time... ............................................................................................................................. 15
What exactly does a "Limitation" mean? ................................................................................................................. 15
In search of alternatives.................................................................................................................................................. 17
So how did they do it? ..................................................................................................................................................... 17
How is this possible? ........................................................................................................................................................ 17
About the "Bank" and why it is so important ................................................................................................ 19
What does "Stake" mean? ............................................................................................................................................. 20
How to calculate our AB? ............................................................................................................................................... 21
How to analyze a tipster correctly .................................................................................................................... 23
1. Bookmakers Used......................................................................................................................................................... 23
2. Transparency ................................................................................................................................................................. 23
3. Tipster's Career ............................................................................................................................................................. 23
4. YIELD ................................................................................................................................................................................. 24
5. Average Odds (AO) ...................................................................................................................................................... 24
6. Win Rate (WR) .............................................................................................................................................................. 25
7. Betting Volume (BV) .................................................................................................................................................... 25
8. Regularity......................................................................................................................................................................... 25

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9. Average Profit ................................................................................................................................................................ 26


Conclusion ............................................................................................................................................................................ 26
Where Most People Go Wrong .......................................................................................................................... 28
Fraud Sites ........................................................................................................................................................................... 28
About the Horses ............................................................................................................................................................... 29
Free Tipsters ........................................................................................................................................................................ 30
Failing to Take Advantage of Opportunities ........................................................................................................... 31
Mistaking ROI for ROC .................................................................................................................................................... 32
Asian Bookie Doesn't Mean Big Market ................................................................................................................... 33
Approved Tipsters Sites ....................................................................................................................................... 35
1. Blogabet ........................................................................................................................................................................... 35
2. BetAdvisor ....................................................................................................................................................................... 36
3. Inbetsment....................................................................................................................................................................... 36
4. Betrush.............................................................................................................................................................................. 37
How to use Blogabet to search for tipsters (Filters) .................................................................................... 38
My Current Portfolio .............................................................................................................................................. 42
1. Supercards_Pinnacle ................................................................................................................................................... 42
2. Cool Hand Luke ............................................................................................................................................................. 44
3. Rus Sports Project ........................................................................................................................................................ 46
6 Months Profit with €10k Bank .................................................................................................................................. 47
AutoBetting ............................................................................................................................................................. 48
Payment methods.................................................................................................................................................. 49
Skrill / Neteller ..................................................................................................................................................................... 49
Bitcoin .................................................................................................................................................................................... 49
Wire Transfer ...................................................................................................................................................................... 49
Recommended Bookies ........................................................................................................................................ 50
Pinnacle Sports................................................................................................................................................................... 50
AsianOdds ............................................................................................................................................................................ 50
Final words .............................................................................................................................................................. 51

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W
elcome to "Betting Income Formula"

First, let me thank and congratulate you on the purchase of this book.
Let's embark on this journey to financial freedom together!

I've been living off betting for many years. Although it is not the only
activity that generates income for me, I'm making enough from betting that I could
stop all my other businesses right now, and I'd be fine, especially since I moved
abroad.

That is one of the advantages. Like in any other online busines, you can relocate to
any part of the world that suits you better (such as beautiful islands in the Caribbean
or Asia, and even some parts of europe) and get your monthly income with little to no
taxes, and with probably cheaper costs of living.

The best part of it is that you don't have to do anything, not even place the bets
yourself!

In a way, it's like investing in stocks but much better.

First of all, the ROI (Return On Investment) is huge in betting that the stock market
seems pointless in comparison, not to mention the always implied risks of a possible
financial crisis.

But what's even better is that with this method, you won't need to spend hours
reading trading books or learning how to analyze a stock chart.

You'll learn absolutely everything you need to know about copying the greatest
experts' bets on complete autopilot.

All you need is a money capital to start with, and then follow the instructions on this
book rigorously, and you will quickly become part of the 2% of bettors who make a
living from it.

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Today, there are several ways to make money on betting.

Fixing matches
I think this one doesn't need much explanation. It is a much more frequent activity
than people think, especially in secondary divisions and youth leagues.

Although it should be noted that the arrangement of sports events is an entirely illegal
activity and punished with very severe penalties in most countries, for the record, I am
completely against this type of practice.

Arbitraging
Suppose we are betting on a sport like basketball, which has only two possible
outcomes. We have two bookies, in the first both team A and team B pay @ 1.90 each,
that is, for every $ 100 we will bet we will get $ 90 profit with either one. However,
the second bookie offers team A @ 1.80 and team B @ 2.20.

In this scenario, we would be presented with a 1.95% profit arbitrage opportunity, in


which we would bet on team A in the first bookie and team B in the second. For
example, if we wanted to bet $ 100 in total, we should distribute the amount as
follows:

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At present, this is probably, of all the options that we will see, the least possible.
Arbitrage was instead an activity of the past when it was prevalent to see many
people carry it out successfully. However, nowadays, it is an almost impossible task
since the vast majority of bookies do not allow this activity and kick you out or "limit"
your account when they find out about this, which usually happens quickly.

Bonus Rollover / Matched Betting


Many bookmakers issue so-called welcome bonuses for new customers. The benefits
and terms of these usually vary from bookie to bookie. Generally, the best ones
typically grant it to people from those large European countries such as the United
Kingdom, France, Italy, and Spain.

The most common bonuses usually give 100% of your first deposit up to $ 100 or $
200 maximum. It means that if you deposit $ 100, you will receive another $ 100 in
your account, which you cannot withdraw immediately, but you must bet that same
amount an x amount of times; they call this "Rollover."

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Assuming that you deposit $ 100 and the rollover is three, then you will have to place
several bets until you reach the amount of $ 600 {3 * ($ 100 deposited + $ 100
received) to release the bonus and withdraw your money.

However, a novice gambler is more likely to lose that bonus and in some cases, even
all of their money before they can hit $ 600.

That's the real incentive for bookies, getting you to lose the money initially deposited,
making you deposit even more money to chase those initial losses.

Nevertheless, with a little intelligence, it is possible to take advantage of these


bonuses easily, let's see:

For starters, you begin by registering at more than one bookie, then making a
deposit of $ 100 in each and asking for the welcome bonus. Then you choose
some market with two possible outcomes, such as NBA, where you bet $ 200 on
team A that pays @ 1.90 and $ 200 on the other bookie on team B that also pays
@ 1.90. With either of the two results, the outcome will be the same, you will have $
200x1.90 = $ 380 in one bookie, and in the other you will not have anything left so
you can forget about it.

So now you have about $ 180 of net profit if we discount the 100 deposited in each
bookie. However, you still cannot withdraw your $ 380 since you need to complete $
400 of rollover in the bookie you have earned, for which you repeat the same process
with a third bookie, and so on until you complete the rollover and withdraw
your money.

Being an expert
If you make your own bets and are good enough to beat the bookmaker
consistently and over a long period, you can win a lot of money.

Sure, put it this way, it may sound simple, but, on the contrary, of all the options, this
is, without a doubt, the most difficult to get.

The reality is that very few people manage to beat the bookie in the long term, and
the percentage of people who can actually make a living from betting is lower.
Although there is no study in this regard, according to the data provided by the
same bookies, it is estimated that at least 95% of bettors are losers. In comparison,
from the other 5%, half have a neutral balance or earn very little, and the other half
wins a significant amount of money to make a living.

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…And finally, our method which will make us earn lots of money:

The Best: Copying Experts (On Autopilot)


A betting expert, also called tipster, specializes in one or more sports, whose service
consists of sharing their picks with their followers and clients for a specific price.

The tipster's job is to find value in the odds established by the bookmakers, seeking
to reduce the risk to the minimum possible and obtain constant long-term benefits.

C opying "Asian Tipsters" can be extremely lucrative if we know how to


analyze them correctly, and follow a step by step protocol, for which we must
understand several important concepts.

Let's begin!

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There is no doubt that online gambling has been a before and after in sports betting.

Online gambling became a widespread phenomenon in the late 1990s, when, thanks
to the development of technology and the popularization of the internet, it was
possible for many people to have a computer at home.

In those years, new bookmakers will quickly begin to appear in different corners of the
world. Bookmakers developed technologies, improved offerings, and customer
service, in addition to record net profits.

In these years, among others, were born: Interwetten (1997), Pinnacle Sports (1998),
Unibet (1998), Expekt (1999), Bet365 (2001), William Hill (2001), Bwin (2001), 10Bet
(2003).

Since it is possible to bet online, bookmakers have given users the possibility to play
at any time of the day and night. And what is even better, they can do it from any
corner of the world through their computers and mobile devices.

This phenomenon has caused brutal growth in the demand for punters, and
consequently, the number of companies dedicated to this business has multiplied.

At the same time, this has represented a considerable advantage for the player
himself, since competing bookmakers are forced to provide a better service,
guaranteeing odds improvement and customer service in some cases, and others
simply implementing better marketing strategies, ranging from welcome bonuses, bet
tickets, affiliate program, etc.

Today there are thousands of sportsbooks worldwide, many based in tax havens. All
of them make up a business valued above $ 500 billion. However, not all are the same;
today, we can distinguish two types of houses that compete for two distinct customer
profiles.

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They generally have their headquarters in European countries and operate under the
Maltese license, the gambling authority by which they are regulated.

However, that same license allows them to operate globally, although not in all
countries, since in many of these, a specific license issued by the authorities is required
to work in said territory, in which case they should obtain that permission to operate
following the laws of that country. As an example, we have bet365, which has specific
permits in many European countries that require it, such as the example of Spain and
Italy, where the domain becomes Bet365.ES and Bet365.IT respectively.

Currently, we see that there are more and more countries in which national gambling
licenses are required to operate in them.

Now, it is very likely that you know some of these European Bookies or have seen their
advertising in the traditional media, even getting to find their logo on the shirts of
some sports teams.

To name a few of the best known, houses like Bet365, Bwin, William Hill, Unibet, and
probably any other that you have heard of throughout your life if you are not an
advanced gambler.

Some of the most common characteristics of this type of bookmakers


are:
• They offer many secondary markets (In addition to the primary ones) that do
not normally exist in Asian sportsbooks, such as soccer: Exact score, a wide
range of corner kicks, odds of specific players scoring, bets on yellow or red
cards, and other flamboyant markets.
• Odds are mainly marketed in the "traditional 1 × 2 system"
• They offer different types of promotions to bettors, such as bonuses and free
bets
• They often have casino operations together, as well as poker products.
• In terms of odds offerings, they are worse than Asian sportsbooks. In other
words, the house gets a higher commission percentage on each bet selection.
• They limit, meaning, they restrict the winning players
• With some exceptions, most of them take several business days to process
withdrawals.

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This type of bookie is usually totally unknown to all those who are not part of the
online betting community.

They receive this name due to two reasons basically:

The first being that these companies usually have their headquarters in Asian
countries, although not always.

The second reason is that its primary model is the Asian handicap.

This betting system originated in Indonesia and gained popularity with the advent of
online betting a couple of decades ago.

It consists of reducing the possible number of results from three (in traditional bets: 1
X 2) to two, eliminating the draw result.

As for example in soccer lines of the style +0.5 or - 0.5; +1.5 or -1.5, etc.

Asian bookies have grown a lot in recent years due to some controversies linked to
European bookies (such as abusive limitations on winning bettors), which are losing
ground.

Some of the most common characteristics of this type of bookmaker


are:
• Its business model consists of offering mostly primary markets. The most
important is the first divisions of European men's soccer and American sports
such as the NBA, MLB, NFL, and NHL.
• Odds are marketed in the "Asian handicap system" mainly.
• They do not usually offer any promotions to bettors. In turn, the commission on
their affiliate program is ridiculously low (0.1% - 0.25% Turnover) compared to
the European ones.
• They only offer mostly sports betting, although some also provide casino
gambling
• They offer much better odds than the European bookies, thanks to the fact that
the commission percentage of the house is quite low.
• They do not limit. Winning bettors are welcome to stay betting
• They process instant deposits and withdrawals.

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Besides, two other possible benefits of Asian BOOKIES are:


• The high liquidity (bet limits) they offer, making it possible to easily place around
$ 10,000 per bet in many of their matches.
• Anonymous funds withdrawals in those that provide sports betting brokerage.
Whether in bitcoins, your electronic wallet (Skrill, Neteller) or even your bank
account (it is a local agent who carries out the process with your bank, and your
money deposit appears in an accounting way as a cash deposit)

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At the most basic level, when we think about big markets, the most famous leagues
of the most popular sports come to mind. By contrast, the lesser-known leagues, as
well as exotic competitions, represent small markets.

However, this rule is not universal because there may also be secondary markets in a
popular sport. As in the NBA, bets like:

In which room will you score the most points?

Which player will score the most points, Lebrón James or Kevin Durant?

Secondary or small markets provide little liquidity, so the maximum limits established
by bookies are usually quite low.

Although secondary markets may have higher monitoring in some sectors, bookies
can be very inefficient in establishing logical odds according to real probabilities, since
they concentrate almost all their efforts on calculating the exact odds of those events
that attract more volume of bets (Big Markets).

Let's see the tennis case:

In this sport, an average of two or three top-level tournaments (ATP Tennis, WTA) is
played each week, which involves many individual matches and is not an easy task
for bookies.

But what is even more incredible is the number of matches and variables that we can
see every week on the ITF Tennis circuit.

For those who do not know, the ITF is the lowest level in official tennis, far behind the
ATP, the WTA, and the Challengers.

There are weeks in which up to 30 tournaments are played (between men's ITF and
women's ITF), all of them with their corresponding doubles matches. Taking into
account this large number of matches and their 'amateur' level, bookmakers' control
is more conditioned, and you can find much more severe odds mistakes. That makes
it a much easier market to beat.

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That's how it was for a long time...


A few years ago, no one was hiring tipsters from primary markets; in fact, these
experts were in short supply as they were busy filling their pockets with secondary
markets

Many do not know, but there was a golden age in the betting world, where building a
money capital or "bank" from scratch was relatively quick and easy. That was
because the European bookmakers did not limit the winning bettors, so it was possible
to follow tipsters from small markets, they were commonly high volume bettors with
a very high yield, of up to 30% in some cases.

During those years, I met people who had been in the betting business for not quite
long, and they had already built a significant bank. They had an extensive portfolio of
tipsters, and place the maximum permitted bet (usually about $ 500), many who were
generating more than $ 10,000 per month.

This phenomenon meant such significant losses for the bookies that they had to take
radical measures. We would think that, in the face of this dilemma, the bookies would
eliminate many of these markets from their systems where they presented losses,
right?

On the contrary, the small markets continued to operate normally, although we cannot
say the same for the winning players, who were "kicked out." It was here when the
so-called limitations were born.

What exactly does a "Limitation" mean?


A limitation is an "invitation" from the bookie to stop betting. It is a kind of hidden ban,
as this does not mean kicking you out of the bookmaker directly, but instead applying
a ridiculously low limit on your account, so if you could previously place a maximum
of $ 500 per bet, now your max would be $ 5.

It is a way of sanctioning your account for the sake of being a winning user, although
this said in much prettier words by the bookie. If not, let's see the standard message
that Bet365 sends us when they limit our account:

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So how can we avoid limitations?

The only way to avoid limitations of this type of bookie is by losing money, in which
case we will have the "privilege" of becoming a lifetime user of websites like Bet365.
There is so much love that these types of houses will have for us that they will offer
us all kinds of offers along the way, as long as we keep losing.

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In search of alternatives...
Faced with this problem, many bettors automatically surrendered, others entered a
gray/illegal area as they began to buy bet365 accounts under other people's names.
That worked for a while, but then limitations became almost instantaneous, for which
earnings were not enough to cover the expenses of the account itself. Therefore, this
strategy also became obsolete.

However, there was a third group. They were the most disciplined ones that had made
a considerable amount of money during that time, realizing that they could still make
a lot of money by betting sports. Those same people who always took betting as a
job, and who did not enjoy it, not even watched the games, and followed the tipster's
instructions to the letter, because they perfectly knew that they were incapable of
beating the bookies on their own.

So how did they do it?


The equation had changed, but the dynamics were the same. The difference was that
now they would only follow tipsters from primary markets. Such experts only bet in
Asian Bookmakers, where you can bet calmly without worrying about a possible
penalty to your account.

Although while it is true that in large markets because they are much rougher, the
tipster's percentage of yield is usually lower, the profits you can get are just as juicy
and even better.

How is this possible?


Very easy, big markets have this enormous advantage of providing huge liquidity. The
limits per bet in these markets are usually incredibly high.

For example, in an NBA game or England Premier League soccer game, you can easily
place around $ 10,000 per bet in Asian bookies.

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Taking this information into account, let's proceed to do a simple exercise:

Someone who owned a portfolio of tipsters specialized in small markets could


perhaps make about 25 average bets (AB) of profit per month. Your average bet being
the same maximum allowed by bookies of $ 500, represents a net profit of $ 12,500
per month.

Nowadays, assuming that the same person has a portfolio of two or three Asian
tipsters, generating an average of 7 AB of profit. Suppose that person's average stake
based on their capital is $ 2000, then it would represent a thunderous profit of $
14,000 net at the end of the month.

Of course, to place an average of $ 2000 per bet, it is necessary to have at least about
$ 80,000 of "bank," and not everyone has such capital. However, even with a bank of
$ 8,000, we will be able to earn about $ 1,400 net at the end of the month, a quite
generous sum if we consider that there is no more work than just a few simple clicks
from our mobile phone or computer.

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The bank is nothing other than the sum of money that we have for betting, that is, the
money we are going to dedicate exclusively to it, regardless of where it currently
remains.

By the latter, I mean that it is not necessary to have all the bank's money deposited in
the same bookmaker. There are different ways to distribute the bank. The most
Commons are:

• Spread over different Bookies


• In Welcome Bonuses
• In Online Wallets (Skrill, Neteller)
• In Physical Money

Distributing in different bookmakers gives us the benefit of betting on each bookie


according to the best odds of each match.

In my particular case, I have 60% of my capital distributed in two bookmakers and


another 40% in an online wallet ready to deposit if necessary.

Also, as a general rule, I always withdraw the profits obtained at the end of each
month.

But the fact that it is not necessary to deposit 100% of our capital in the bookmakers
where we will bet does not mean that meanwhile, we can use it for other things. You
have to know that this money must be available at all times to use it if necessary. It
cannot be part of other activities or expenses of your daily life.

This is important to remember since the concept of bank is the first thing that everyone
who wants to earn a living from betting should learn. The difference between good
and bad bank management can be the result of thousands of gains or losses in your
betting career.

So. How do we achieve proper bank management?

To answer this question adequately, we need to understand the concept of "stake."

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What does "Stake" mean?


Sometimes called unit, the stake is the quantification that the tipster gives to a pick
based on the confidence that he has in it.

Most of the time, we see that the units assigned by the tipster to a pick can vary from
game to game, although there is also a fixed stake.

The fixed stake is when 100% of a tipster's bets have the same number of units,
usually from one to ten. This type of system is the simplest that exists when
calculating the bank.

In this case, the number of units that the tipster uses is indifferent, since we would
proceed to bet an exact percentage of our capital for all picks equally.

Suppose we want to place 2.5% of our capital for each bet, this would allow us to
have a total of 40 average bets (AM) available (2.5 x 40 = 100% of bank)

As you can see, in this case, any unit used by the tipster is symbolic. If He always
sends 10u bets, the amount per unit would be 0.25% of our capital (10 x 0.25 = 2.5%
per bet)

Now, let's look at the variable stake:

This type of system is the most widely used by both tipsters and any other bettor.

The most common are stake 1-3 and stake 1-5, although they exist in all their forms
from 1 to 10.

Assuming that we find a tipster with variable stake 1-5 whose average stake is 3. So
following the previous scheme, 2.5% of the capital per bet, how much should we
allocate per unit in this case?

Very easy, just do 2.5% / 3 = 0.83% per unit

In that case, with a bank of $4000, we should establish units of $33.3, which would
give us an average bet of $ 100, and consequently, we would have a bank with 40
AB available.

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How to calculate our AB?


First of all, there is no universal rule for a certain average bet percentage. In my case,
I usually use 2.5% because it's the one I feel most comfortable with, and that has
worked best for me over the years.

However, this can vary depending on the person's risk aversion and the type of tipster
we follow. In my experience, tipsters with a fixed stake should be followed with a
MINIMUM of 50 bets, that is, no more than 2% per bet.

That is because the variable stake tipster offers better management and range of
risk/benefit maneuver, usually giving more stake to the pick that generates more
confidence and lower stake to those who have less value or are of a higher risk than
usual.

That is why it is common to find tipsters with a fixed stake in super big markets such
as the MLB and NBA. In these tight markets, it isn't easy to find an edge (value) as
significant as in the others.

Also, there is another crucial aspect that is that the fees do not usually vary too much.
In the case of the NBA, for example, handicap betting is traditionally used.

So assuming the following scenario occurs:

Houston @ 1.3 vs L.A @ 4

Houston -6.5 @ 1.95 vs L.A +6.5 @ 1.95

Here instead of betting on the winner of the match, the tipster will generally take the
established handicap, for example, Los Angeles +6.5 @ 1.95. So you would win your
bet whether L.A wins the match or loses by 6 points or less.

On the contrary, in other markets with a more significant edge such as soccer and
which also have more disparity in the odds, the variable stake is usually more used.

Although the number of average bets per bank partly depends on each person, this
should always be within a reasonable range. The recommended maximum, which is
used by bettors with a high-risk profile, and perhaps also a little more experienced, is
30 AB, which would be 3.3% of bank.

In my case, I typically use a risk of 40 AB, but the more conservative ones use
something like 100 AB.

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When assigning our AB percentage to a specific tipster, we should look at several


factors.

Variable Stake or Fixed Stake? If it's the latter, our AB should be more conservative.

What type of sport? Sports like MLB and NBA demand a more conservative approach
than others like ATP tennis or European soccer.

What is the quality of the tipster? We can estimate the tipster's quality by analyzing
different factors.

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As you can see below, I have made a list of variables, ordered from largest to smallest
according to their importance.

1. Bookmakers Used
The first thing that you should look at when analyzing a tipster is the type of bookie
he places on his bets.

We are interested in Asian tipsters, so you need to be sure that at least 99% of his
bets have been made in Asian Bookies. If that number is less than 99% or you are not
sure that all his predictions have been available in Asian bookmakers, then you should
not consider it.

2. Transparency
Statistics must be clear and verified. For this, several websites act as intermediaries
and have tipsters with verified statistics, which I will delve into later.

This variable is as vital as the first one, if you are not sure that 100% of the statistics
are real or he doesn't provide such statistics, then you should not consider it.

3. Tipster's Career
The more history, that is, the more picks that tipster has, the more confidence it will
give us.

However, we must always analyze it prioritizing his stats in his paid or "premium"
period, that is what matters.

But how much is a tipster's minimum premium bets history required to consider hiring?

Well, it depends on some factors. I expect at least 250 picks, as long as the following
two points are met:

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A. The tipster has perfect statistics on the rest of the variables. (High YIELD, CM 1.90-
2.30, etc.)

B. We know that the tipster has also performed very well in free mode

Otherwise, I would wait a little longer, considering it only from the 400 paid picks.
Which you should also follow if you are new to the game. It is always preferable that
you be more conservative in judging the tipster's statistics.

4. YIELD
Also called ROI, it is the return on investment for the amount wagered. The more ROI,
the better for us, as long as the other variables are also met.

The exact exercise:

Yield = (Net profit / Total amount wagered) x 100

ROI is the most important metric when determining how profitable the tipster is, by
far much more relevant than the number of units obtained.

But knowing this, what would be a good YIELD?

The minimum that a tipster must possess according to my criteria is 6%. Less than
that number just isn't worth it. In fact, ideally, we should look for two-digit YIELD
tipsters.

5. Average Odds (AO)


That is, the average odds of all bets made by the tipster. They should be neither too
high nor too low. I recommend a range of @ 1.75 - @ 2.80 average, being the sweet
spot @ 1.90 - @ 2.30

If the average of your tipster is in that last range, then you will completely dominate
this variable.

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6. Win Rate (WR)


It indicates the average hit percentage per bet. This indicator is more relevant to the
AB designation than anything else. The lower WR, the more conservative you should
be with your AB.

The minimum WR that we are going to consider is 40%, being the sweet spot + 50%

7. Betting Volume (BV)


This index refers to the number of bets made by the tipster each month.

Taking this into account, we can divide into three different tipsters:

High (HBV):> 60

Medium (MBV): 30 - 60

Low (LBV): <30

You should have at least one HBV tipster in your portfolio.

8. Regularity
A regular tipster is one who has the fewest possible streaks, both positive and
negative.

A tipster with perfect regularity is one that would have a 10% yield every month. On
the contrary, a more irregular one would be the one with the following sequence:

January 20% February 0% March 30% April -10%

Although they seem to be two exaggerated cases, in reality, the second is much more
common than the first.

There may be more regular tipsters than others. However, it is not a very important
variable.

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9. Average Profit
It represents the average units won, and contrary to what many think, this is the most
anecdotal variable of all, that is, the least important for analyzing the quality of a
tipster.

Conclusion
The first variables are essential when considering adding a new tipster to our
portfolio. Having a significant number of picks, all in Asian bookies, and being verified
by a legitimate intermediary are the three fundamental pillars and that we should
consider non-negotiable in hiring the tipster.

We will then analyze the profitability of the tipster, taking the rest of the variables,
and starting with the YIELD. When analyzing the tipster, which is of utmost
importance, we must examine its variables as a set and not as separate tools.

Suppose a fixed stake tipster has a WR of 40%, so it should have at least an AO of


2.50 not to make a loss at the end of the month.

Let's see:

Money wagered = 50 one-unit bets = -50u

50u x 40% WR = 20 bets won = +20u

20u x 2.50 AO = + 50u obtained

-50u + 50u = 0u = 0% YIELD

There are various high-quality tipsters. It isn't always easy, but if we could find the
perfect tipster, it would be the one with ideal metrics:

• >400 Verified Premium Picks, 100% in Asian bookies.


• YIELD> 10%,
• AO 1.90 - 2.30
• WR> 50%
• HBV
• Great Regularity

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What are the mistakes most newcomers make and that you should avoid?

Throughout these years, when it comes to betting and tipsters, I have seen it all.
Knowing this business in depth helps me understand why many newcomers fail, as
well as the confusion and general ignorance that exists even in those who are more
experienced.

The most common mistake by many is not knowing how to carry out a correct tipster
analysis, overestimating the units metric obtained, which, as we have seen, is the least
important, and underestimating the rest of the variables.

Many, also, have terrible bank management, usually risking more than they should.
Others also change their stake according to the tipster's streak, and I have even seen
some perform the famous martingale.

As we have previously seen, if you use proper bank management and perform an in-
depth analysis of the tipster with his metrics, you'll be perfectly fine.

However, there are other mistakes that many make and you should be aware of:

Fraud Sites
You can have the misfortune of falling into the trap of impostors and charlatans who
call themselves tipsters and don't have verified statistics (typically on twitter and other
social networks). But if you are not cautious, you could also have the misfortune of
falling into some scam site.

This mistake is exclusive to the most amateur. Some who probably heard the concept
of "Tipster" for the first time and did a Google search.

It doesn't help that some fraud sites are located in the first results of a Google Search,
depending on the keyword.

For those who know a little about the betting sphere, these sites are usually quite easy
to identify, mainly because nobody in the environment talks about them, also because
they have no connections with any other credible website. Besides, they often offer
arranged matches, safe winnings, or tipsters with a YIELD so high that it just isn't
believable.

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However, for a novice, they can be tough to identify. Since many of these sites have
become increasingly better in their eagerness to scam people, some already have
high-quality interfaces and claim to provide a service of "great tipsters" instead of the
old and less credible crap of arranged matches.

About the Horses


First of all, there is a single bookie (which does not limit) that covers this type of market
widely. Still, I don't know of any tipsters who successfully wager at this bookie, but
instead, they are mostly bet365 tipsters, which is already a problem.

However, there is a much more fundamental reason why this market is not a good
idea.

For those who do not know the statistics of a good racing tipster they can be
something like this:

YIELD: 20%; WR: 16% AO: 8.1

Therefore, following our model explained above, this type of tipsters would be
automatically ruled out since they do not meet several of the necessary metrics.

A feature of this type of market is that successful bettors often have a very high ROI.
However, in turn, the WR is usually very low, which is a big problem. Taking into
account the brutal negative streaks that we can find with a WR of 15%, our AB should
be extremely high in compensation (not more than 0.5%).

Now, let's do some exercises.

Assuming as a result of those metrics, our racing tipster has about 14 AB of benefit
per month.

Following the first example in the book, what would happen if we had a bank of
$8000?

8000 x 0.5% = $ 40 (AB)

14 x 40 = $ 560

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Compared to the $1400 of profit (8000 x 2.5% x 7 AB) with our first tipster, we
conclude that this, despite averaging half the units earned per month, far outweighs
our racing tipster in net profit.

Free Tipsters
There are few things in life that, even continually repeating themselves, never cease
to amaze me, and one of them is the case of free tipsters.

For some crazy reason (or probably several) there is a law in the world of tipsters that
says something like:

"9 out of 10 free tipsters will fail to a lesser or greater extent by becoming premium."
I suppose that the emotional pressure is huge for these people, and it is probably the
primary factor in this phenomenon. Although there are others, like tipsters who send
live bets, it is usually more difficult if they have to give prior notice to the pick they are
going to post, even once sent, it may be that the odds change due to some team
scoring or whatever.

The truth is that it is not the same to make money betting on your account than to
have to coordinate a group of people and deal with such pressure.

These are probably the two main reasons, although not all, for such a phenomenon to
occur.

My own experience tells me to trust 250 paid bets more than 1000 free bets.
After all, we know that nothing good comes free in life. We should ask ourselves, why
wouldn't someone excellent charge for their services?

Well actually they don't, most often try their luck as a professional even before they
hit a thousand free bets. However, as good as your tipster's free stats are, remember
always to wait for him to rack up 250 premium tips before going for it.

Paying a tipster gives us more assurance. We can trust that person takes it as a
regular job, where they devote their time, and the seriousness and dedication they
require. We also make sure that the person knows how to handle the pressure and
will not have a mental breakdown in his first negative streak.

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Failing to Take Advantage of Opportunities


Finding great Asian tipsters with perfect metrics is not usually an easy task. For
starters, there aren't that many of them, but in turn, the few that exist sometimes
become unreachable.

Some decide to disappear from the known intermediary websites.


It turns out that, after reaching some fame and the desired subscriber base, many go
private for whatever the reasons. Either they don't like the exhibition or prefer not to
pay the commissions to the intermediary sites, etc.

Some others, once they reach their desired base, decide to limit the number of
subscribers, which means that they can never be accessed. forming endless and
useless waiting lists

Others, on the other hand, get out of the tipster buisness and start working for the
bookies. It is not something usual at all, but it has happened on some occasions, so
the bookie has had to offer a lot of money, and the possibility of a prominent career
since tipsters usually earn good money for their tips.

So how can we make use of this information?

Very easy, we must avoid missing these opportunities.


Whenever we find out about a great tipster, we must follow him, regardless of the
situation we find ourselves.

It may be that we already have a portfolio of 3 tipsters, which we consider to be


sufficient, and we see that this opportunity presents itself. We don't want to leave any
of those three because we just paid the monthly subscription or for any other reason.
Or perhaps the price of the new tipster is too high for us. Maybe it costs the same as
two or even the three other subscriptions in our portfolio. Well, let me tell you
something:

An excellent tipster is worth more than three or


even a hundred mediocre or simply "good" tipsters.

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You get rid of those other tipsters, and in any case, you hire them again in the future.
Also, if they are not great tipsters, they should never have to limit their subscriber base
so you shouldn’t worry about not getting back in.

That new tipster instead can represent a unique opportunity.

Our dream goal is, at some point, to have three excellent experts in our portfolio,
something like a dream team of tipsters.

Mistaking ROI for ROC


Some people often believe that ROI or YIELD means the same as ROC (return on
capital), which leads them to miscalculate their possible earnings.

Unlike ROI, where we obtain the percentage of the profit over the total amount of
money wagered, the ROC is the percentage of profit earned relative to our bank.

Let's take the following hypothetical case as an example:

Tipster "A"; Fixed Stake;

January: 100 picks ; YIELD: 10%

Our Bank: $ 8000

AB: 2%: $ 160

Total wagered = 100 x $ 160 = $ 16,000

Total earned = $ 1,600 ($ 16,000 x 10%)

ROC = 1600/8000 x 100 = 20%

In this case, you can see the power of those High Volume tipsters since our monthly
ROC doubles the YIELD obtained by him.

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Asian Bookie Doesn't Mean Big Market


(At least not always...)

Not everything is black and white, there are nuances, and Asian bookies can offer
small and "medium" markets.

That's right. There is a market that I identify as a medium market, which is covered by
Asian bookies with medium-high limits, for that We usually consider them part of the
big market group.

Let's see some examples:

In soccer, outside the "Big 5" (the first leagues in England, Spain, Italy, Germany, and
France), there are also other leagues that, although they do not have the same
liquidity as these, offer quite decent limits.

In addition to the first European competitions, there are also the top leagues from
countries such as Portugal, Russia, and the Netherlands, offering excellent liquidity.

There are European countries with moderate liquidity, such as the Czech Republic,
Switzerland, and Scotland, to name a few. As in Latin America, the leagues of Brazil,
Mexico, and Argentina are usually medium markets.

On the contrary, leagues such as Bolivia in Latin America and Bosnia and
Herzegovina in Europe are small markets, which, although partially covered by Asian
bookies, tend to have extremely low liquidity and, therefore, quite weak limits. Another
disadvantage of these small markets' inferior liquidity is the fragility of the lines. The
pick' odds can be in many cases "destroyed," falling several points once the tipster
post it.

The tipster might send the pick at @1.80, and when you are about to place it drops to
@ 1.65, which makes absolutely no sense.

The same is not true in big markets. Although it is common in all markets for the odds
to fluctuate throughout the day (either in favor or against your interest), in a big
market, it will never be due to the tip of a single person. You Will have enough time to
log into your phone and place the bet at those odds.

The ATP Tennis Case. How to know what are the


betting limits of that "Asian tipster" we are analyzing?

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It may happen that, at first, due to inexperience, we do not know what the limits of
that particular tipster are. We understand that some sports leagues are big markets,
but we don't always have it that easy.

It is true that in some cases, the limits can be, as we have seen, somewhat misleading.

The perfect example of this is ATP tennis. This one is a market whose limits can go
from high to super low. That is due to the great variety of competitions that exist,
which involves different levels.

For example, betting on a Nadal vs Federer match in a typical ATP1000 tournament


is not the same as betting on players with a +50 ranking in an ATP250 competition.

Betting on an “individual” ATP250 final is not the same as betting on a round stage
match from the same tournament.

Betting “match-winner” on ATP500 is not the same as betting the “first set winner.”

And so on. An ATP250 “doubles” match could have incredibly low limits at Asian
Bookies, something like $ 50.

The thing about tennis is that unlike soccer, where the tipster specializes in certain
leagues and allows us to know the limits beforehand, it is not grouped by leagues. It
is quite normal to see some renowned tennis players occasionally play atp250
tournaments, which can be somewhat confusing, and it will be up to each tipster
whether betting those matches or not.

In many cases, the service's liquidity information will be found in the description of
this, but if not, do not worry. There are a few ways to find out the limits if you are a
new:

The best would be to consult the tipster before hiring him. You could ask him precisely
what minimum limits he manages, that is, those picks with the least liquidity.

But you can also view his past picks and head over to your AsianOdds account and
look for similar bets within the market, for reference, and see their limits (it is possible
to do so without placing it).

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So we already know how to analyze a tipster, now we need to know where to find
them.

For this, I will list four sites, which, apart from being very popular, have a good
reputation.

1. Blogabet
Founded in 2006. It is the best known and, by many, considered the best of all. The
site has an excellent interface and is very easy to navigate. In addition, it has a large
number and variety of tipsters.

The network allows us to carry out an in-depth analysis of these tipsters thanks to its
extensive system of statistics that makes it easier for us to carry out different
segmentations.

Another great benefit of this platform is that it allows the experts to access a
particular bookie simulation with the exact odds of the moment. That is also perfect
for us, since it's an algorithmic system, it gives us the peace of mind that the odds and
statistics are adequate since no human error is possible.

PROS CONS
• The most popular among • It does not have a receiving App
experienced ones. It provides a (The picks are received by email
vast amount and variety of which can be uncomfortable if
tipsters the tipster does not use another
• Transparency. 100% Stat means of delivery at the same
Reliability time, such as telegram)
• Massive statistical analysis
power of the tipster (by use of
Stake, Bookies, Competitions,
etc.)
• Super cute and friendly interface
• Profit Guarantee Policy: If a 30-
day subscription does not
produce a profit, you will receive
a free 30-day refund or extension

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2. BetAdvisor
Founded in 2010, it is a site that enjoys some popularity in the market.

The biggest problem with this website, in my opinion, is that it does not distinguish
paid statistics from free ones, which makes the system easy to abuse by tipsters.

Unlike Blogabet, in which the statistics start from 0 from the moment the tipster
becomes premium (for which he must also pay a specific amount), BetAdvisor counts
all his statistics equally, making it impossible to perform an objective analysis.

That is because a person can "inflate" their numbers at first, and then enjoy a higher
YIELD for longer since it does not cost them anything ... which means that the tipster
can "try their luck" at first and then keep those same statistics as premium.

PROS CONS
• A large number and variety of • Odds established manually, same
tipsters with the statistics.
• Discounts on hiring long-term • It does not distinguish between
tipsters paid and free statistics, making it
• An easy to navigate interface impossible to carry out an
• It offers tip receiving app accurate analysis of the tipster.
• It does not offer AutoBetting

3. Inbetsment
Founded in 2015, it is the newest on our list, and that has grown the most in recent
years. That is due to the AutoBetting tool and the incorporation of highly reputable
tipsters from other platforms.

Inbetsment may not have the same abundant number of tipsters that its competition;
however, it manages to compensate for the quality of these. In this sense, Inbetsment
appears as a worthy rival of the powerful Blogabet.

PROS CONS
• AutoBetting • Odds and statistics established
• It offers tip receiving app manually.
• Discounts on hiring (some) long-
term tipsters
• Profit Guarantee Policy: If a 60-
day subscription does not
produce a profit, you will receive
a free 15-day refund or extension

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4. Betrush
This site is quite different from the others since it is not an intermediary or shipping
platform but a verification service.

All Betrush does is verify that both individual picks and overall tipster stats are correct.

For this site to provide its verification service, the tipster pays the website a low and
fixed amount to be evaluated and monitored, generating confidence to his potential
clients and assuring them that his statistics are correct.

Because Betrush offers a different service than other platforms, it does not represent
a conflict of interest. It is possible to find tipsters from previously mentioned platforms
on this website too.

Most of the tipsters on this website are low profile and don't enjoy intermediaries.
Many who even have their websites, and often use telegram or email for their picks.

Although the site may seem precarious, it has several quality experts since, for the
tipster, a platform that does not charge a commission for each client is very tempting.
Besides, it gives them many freedoms, such as setting their own terms, payment
methods, and means of pick sending. Therefore, it is crucial to read the descriptions
of each of these tipsters' services well because they tend to vary a lot.

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Once we registered with Blogabet. To look for paid tipsters, the first thing to do is
select the Market option, on the left of the screen, but not the Tipsters option (because
it will show us those free).

Once selected, we have the option to search by filter. I recommend using the following:

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In the bookies' filter, in addition to Pinnacle, we need to include these: Copytip,


3et, Singbet, Sbobet and ISN.

Using these parameters will show us an extensive list of tipsters who use Pinnacle
and AsianOdds at 90% or more, which are ordered by yield, from highest to lowest.

For example, let's take a look at tipster "Basketball Vision," which is found a little
further down the list with an 8% yield.

Once we click on it, it will take us to the next screen.

On the homepage of the tipster are the basic statistics and a description of the service
of this.

We want to find out more about his statistics, so we proceed to click on "Blog Menu"
and then on "Statistics."

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The first thing we see is the variety of sports wagered with their respective
percentages. In this case, it is important to clarify that the “Combo Picks”
determination corresponds to a type of bet with more than one selection.

Therefore, if we review it manually, our tipster has 100% of his bets placed on
basketball. That may be a point in favor since it usually is preferable that our tipster
dedicates to a single market.

Then we find the stake option, where we can see that our tipster uses the variable 1-
4 system.

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As we can see in this last image, 99% of their picks have been in Pinnacle.

According to the tipster, in his profile, he states that he offers picks with liquidity only,
so possibly, those picks were in AsianOdds but sent in Bet365 as a reference since
the AsianOdds platform was not supported by Blogabet previously (although this
changed recently).

Finally, the latest is the statistics for each month. Here we can draw some conclusions
that have to do with the regularity and the volume of bets. In this case, it seems to be
a pretty regular tipster, and of very high volume.

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I currently have four tipsters in my portfolio. Two of them have their service closed to
new subscribers at the moment, one of whom is working privately (so I won’t mention
him).

1. Supercards_Pinnacle

Site: Inbetsment

Subscriptions: Closed (waiting list)

Liquidity: Medium ($ 300 - $ 1000)

MBV: (30 - 50)

Stake: Variable (1, 2, 5)

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Current statistics:

Total: 349 Picks

YIELD: 12.07%

AO: 1.90

WR: 53.58%

Rate: A

Past 6 Months Performance:

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2. Cool Hand Luke

Site: Blogabet

Subscriptions: Open

Liquidity: High ($ 1000 - $ 10000)

HBV: (60+)

Stake: Variable (1-4)

Current statistics:

Total: 344 Picks

YIELD: 12%

AO: 1.99

WR: 54%

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Rate: A+

Past 6 Months Performance:

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3. Rus Sports Project

Site: Betrush

Subscriptions: Open

Liquidity: Medium ($ 300 - $ 1500)

LBV: (10-30)

Stake: Variable (1 - 5)

Current statistics:

Total: 574 Picks

YIELD: 13%

AO: 1.99

WR: 53%

Rate: B+

Past 6 Months Performance:

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6 Months Profit with €10k Bank

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Autobetting is an excellent tool that allows us to detach ourselves from all kinds of
responsibility and forget almost entirely about our investment.

However, as we have seen previously, not all websites have this technology. As of
today, only Blogabet and Inbetsment do
The good news is that there is a solution for this: we proceed to create an AutoBetting
bot.

I know what many will be thinking. - But if I don't know anything about programming,
how can I create a bot?

Well, we won't create it ourselves, but we'll pay someone to do it instead. For this, we
can publish an offer on a freelancer site such as UpWork or Freelancer.com

What's better, if we Google "Pinnacle bot," we can see some ended publications on
these pages. That is a perfect opportunity for us since we can hire those
programmers who have already done this work, which will allow us to save time and
even obtain a better price.

Still, Pinnacle has been providing a free API for years, making it an easy task for
any programmer.

Usually, a bot for Pinnacle or Asianodds can cost between $ 200 and $ 500.
Although it is not a lot of money, you may start with a very tight bank, and not wanting
to make that investment. In that case, you can place the bets manually until you grow
your bank a bit.

That is, in my opinion, the best thing to do at first, even so if we have a decent capital.
Manually placing the bets allows you to become thoroughly familiar with
the betting concept and to understand better what you are getting into.

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Skrill / Neteller
Founded in 1999, Neteller is an electronic wallet owned and operated by the global
payments company Paysafe Group.

This processor is used day after day by millions of people in more than 200 countries
to carry out countless transactions worldwide.

Neteller offers you many advantages, among which you can send and receive
payments from businesses and online platforms such as stock pages, poker, Forex,
casinos, and betting.

In addition, you can opt for a MasterCard credit card called Net +, and you can
withdraw, with it, cash at ATMs and make payments at any local, restaurant,
pharmacy, or store in general.

Skrill belongs to the same company as Neteller, as it was bought by Neteller a few
years ago. It offers the same services, although its terms vary slightly. It may have
slight differences as slightly higher conditions on your commissions. However, I prefer
to use Neteller as its help desk is vastly superior to skrill.

Bitcoin
Currently, payments in this cryptocurrency are quite fast. They are usually confirmed
by the bookie and deposited into your account in less than two hours.

If you choose this method, you will not bet on Bitcoin, but once deposited, it will be
automatically converted to the main currency of your account, be it dollars or euros.
The conversion rate is usually more than reasonable if we take the "Coinbase" price
as a reference.

Wire Transfer
International bank transfers can be a good option, although only for those who want
to make substantial transfers since their commissions are usually very high. It is
generally convenient to deposit directly into our Neteller account by transfer or credit
card and then make the payment to the bookmaker.

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Pinnacle Sports
This Asian bookie has over 20 years of experience offering the best odds and highest
limits online.

The payment options for depositing and withdrawing funds depend on the type of
currency used since Pinnacle Sports operates in many countries.

However, I can confirm that they all accept cards (VISA or Mastercard), PaySafeCard,
Neteller, WebMoney, Skrill, Entropay, iDebit, and in most, they accept bank transfers.

AsianOdds
Asianconnect is a betting broker that allows access to the offer of the largest Asian
Bookmakers (Pinnacle, SingBet, Sbobet, IBC, ISN, 3et, Matchbook) thanks to its star
product, "Asianodds.".

It is currently one of the leading players in the online sports betting brokerage industry
with over ten years of history. This broker is entirely reliable, as he exercises with a
gaming license issued by the Government of the Netherlands Antilles.

Asianconnect is known for its incredible odds, a wide selection of bets and high limits,
and flexible deposit and withdrawal conditions at no cost to players.

Transactions execute with remarkable speed. Deposits and withdrawals are


processed in just 5 minutes. For withdrawals, you must submit a request by email,
online chat, or Skype.

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With this book's help, you'll be able to spot the sirens and set a sustainable path to
betting success. Not everyone makes money betting. Let's face it; it has to be that
way; otherwise, bookmakers would go out of business. However, a small number of
smart investors turn over a regular betting profit year-in- and year out. It’s my goal to
have shown you how to become one of the 2%.

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