Why Social Media Tipsters Want You To Lose

If you like to bet on sports and are on social media you will have probably noticed there are a huge amount of tipsters and challenges going on.

One of the most common challenges is to take a relatively small amount of money say £10 and attempt to turn it into a £1000. This is done by rolling over your stake with each bet until a profit of £1000 is made.

Why Social Media Tipsters Want You To Lose

Challenges like these have become very popular with a number of these pages having hundreds of thousands of followers. Now I understand why these challenges are popular its like buying a lottery ticket. You have a small initial layout with the potential for a big win. One big thing a lot of these tipsters and pages fail to mention is they want you to lose.

This is how they make money. The business model for these twitter tipsters or facebook pages is to make an income as a bookmaker affiliate. Enticing new customers and being given a share of their losses is where their profit is made. Normally it will be between 10-30% of a referred players losses.

Whilst they might “boom” every winning tip and tell you they have made thousands in the past two weeks. Over the long term they only make money if you lose. Do you really want to follow betting tips from someone that profits only if you consistently lose? Seems like that would be a bad idea.

You will consistently see these types of tipsters pushing bookmaker sign ups. Claiming big profits whilst never recording past results and highlighting wins but barely acknowledging losses.

In conclusion following these types of challenges and tipsters is not going to make you money in the long term. Possibly you could get lucky and turn £25 into £1000 or you might go on to lose £2500 by following a 100 of these challenges that don’t come off. The only people that are making money from these challenges are the guys running these twitter accounts and facebook pages. Not the people following them.

Is it possible to make money from sports betting?

So can you actually make money from sports betting?

Yes you can but it isn’t as easy as following some dude who says he will turn £10 into a £1000 in 10 bets.

It is said that only 1% of people betting on sports make a profit. If you compare the popularity of these tipsters and pages to the small amount of people following websites/blogs that give out solid sports betting advice. It’s easy to why the overwhelming majority of people lose money betting.

Social Media Tipsters — Matched betting profits from April 2017

If actually making money from sports betting and trading does appeal to you. An effective and profitable approach to take is matched betting.

I have written an article detailing how to make money from matched betting here. This approach uses bookmaker promotions to guarantee a profit. There are hundreds of these offers available and if you are looking to make some extra money this is a great way to do it. It is probably the most consistent way to make money from sports betting.

Something else you may want to consider is looking into betting exchanges and sports trading. I have outlined how betting exchanges function is this article. In general they will offer you much better odds. They differ to bookmakers as they don’t make money on player losses. Rather they take a commission on winning bets or stakes which means that they also don’t ban winning accounts.

Please share this article if you know people that are following these shady social media tipsters. So at least they become aware they are betting on the advice of people that want them to lose.

If you want to start profiting from sports betting and trading. I recommend this service which currently contributing the biggest profit in my 50k in a year challenge.

How to become a millionaire sports trader and bettor!

If you came to this article for a strategy that is going to make you unlimited amounts of money from Betfair. I’m sorry but you might be disappointed.

What I wanted to do in this article is address two things.

Show how easy it is to look like your staking huge amount of money on your bets/trades.
Write about why learning about the process of a good trade is more important then seeing winning screen shots.

How to become a millionaire sports trader and bettor!

In the above image there is a trade I made this morning just as an example for this article. I backed a horse called Kastani Beach at odds of 6.8 for a £5 stake. You can see that I stand to win £27.58 should the horse win and lose £5.00 if it doesn’t.

Now look what happens if I make some manual adjustments.

Now suddenly I am risking £5 to win £2700.58. If you look at the image however not much else has changed.

Only one bet has been matched the back bet at 6.8. My lay bet at 6.6 hasn’t been matched either so why has my profit margin increased so much?

How to fake a trade or betslip

The process only takes a few seconds. It is very easy to appear that you staking or winning much more then you are in reality.

1.You highlight your potential winnings.

2. Right click and select inspect.

3. Find and highlight your stake amount .

4. Change it to whatever amount you want.

That’s how easy it is to look like you are a hugely successful trader or sports bettor. You can do this on any sports book and other exchanges. Its why big green screens are not very useful unless there is some context behind them.

Why do people do this?

It attracts attention and builds social media presence. It generates more traffic.

Look at the popularity of a guy like Dan Bilzerian for example.

I have tested this myself. If I post up an article on social media with a winning trade or some profitable results attached. It will generally generate much more traffic then if I used a generic image of a football match for example.

When people see winning trades they can envision themselves doing the same thing. You see some of these fake twitter tipsters with 100k followings that offer nothing of value at all. They don’t educate their followers or provide actual profitable bets. But they post up huge betslips, funny memes and have a £10-£10,000 challenge.

If you are looking to get an insight into being a better sports trader/bettor. Follow people that actually provide an insight into the process of making good trades or bets. Ignore the big greens and winning betslips unless there is a useful explanation behind them.

Whilst I was writing my trade got matched.

Made my profit target for the day, I’m off to Monte Carlo for the afternoon on my private jet.

Looking to make money from the sports betting markets.

Check out our recommendations below.

Dobbing – Betfair Trading Strategy

Dobbing Betfair Trading Strategy

What is Dobbing?

Dobbing stands for “double or bust” it is a Betfair trading strategy used on the horse racing markets.

The Dobbing Betfair strategy involves backing a horse pre race and having a lay bet matched in-play at half the odds of the initial stake.

The aim of a Dob (double or bust) bet is to make a profit that is even to your stake essentially doubling it.

Lets take a look at an example of a potential Dob bet.

In the above image you can see that I have put in a potential back bet of £100 on Bonnie Gals at odds of 5.00.

I have also placed a potential lay bet of £200 at odds of 2.5. If both of these bets were matched you can see that this would equal a profit of £95.00 (£100 – 5% commission) across all outcomes.

If the lay bet is not matched in-play then you would lose your stake, this is where the bust part of the name Dob (double or bust) comes from.

Dobbing essentially works like a straight betting method where you are getting odds of 1.95 ( After 5% commission) on every bet.

Dobbing Betfair Trading Strategy

How to find a good Dobbing Horse?

The double or bust strategy is one that is quite popular so there are a number of good resources available online.

Patternform for example has an excellent page showing you the historical percentages for horses that have dobbed in the past.

Dobbing Betfair Trading Strategy — An example of the Patternform Dobbing overview.

This is a good starting point when looking for a horse that will potentially Dob in-play.

There are several factors to take into account when choosing horses that will be a successful Dob trade.

For example you might look at filtering horses that have historically dobbed 75% of the time, look at whether they favour specific courses, Are they likely to lead the race? Weather conditions? Do specific odds ranges work better?

The pace card is another excellent resource from Patternform which gives you an indication of likely front runners in a race.

There are a few different variants of this method with some people opting to try to take more then 100% profit on there stake and others taking less. The most common method however seems to be for people to aim for basically an even money bet minus the commission.

Dobbing can be a profitable angle to consider when looking at trading the horse racing markets and might be something to consider having in your trading arsenal.