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How to become a better tipster?

By on 25. February 2016

Free betting tips and predictions from experienced tipsters can be a smart way how to improve your tipster statistics. We have few recommendations where to start, how to find reliable tipsters and how to deal with free betting tips provided by them.

1. Start at independent betting platforms

The first condition when looking for betting service is the transparency of data presented to prospective users / customers. Independent betting platforms such as myfairbet.com, which are providing a useful and honest service to their users have no interest in distortion of historical stats of our users, which, unfortunately, cannot be said about many paid betting advisory services whose only aim is to sell betting tips.

Let’s suppose that you have found a website that offers profitable and reliable free betting tips and has no bad intentions with you. Your next step is most likely going to be choosing a tipster whose betting predictions you will follow. But how should you actually choose this tipster?

2. Always go for tipsters, whose results are not random

If you are deciding which tipsters to follow, choose the ones who have placed at least 500 bets in the respective sport. Important indicator of a tipster’s quality is not only the profitability per bet (ROI), but also the win rate. The higher the win rate is, the more often your placed bet will be successful and the lower are the chances that the overall profit (LSP) of a tipster has been influenced by several random winnings caused by high odds. This is why you can, after registration, see on a profile page of every one of our tipsters complete tipster statistics classified according to sport, level of odds as well as according to the type of betting market.

From a thorough analysis of long-term betting statistics we assume that successful and reliable tipsters are on a long-term basis able to achieve approximately 5-10% profitability of their bets.

3. Follow at least 3-4 tipsters for each sport and only place bets when the tipsters agree on them

Analysis provided by myfairbet.com tipster platform have proven that if you place your bets when at least two reliable tipsters had agreed on them, your odds of winning are higher. Myfairbet.com allows you, after registration, to follow betting tips of its best tipsters free of charge in a separate and well-arranged section. These free betting tips are always published six hours before start of the respective event.

Picture: showcase of free betting tips feed at myfairbet.com

tipster-feed

4. If you place bets provided by our tipsters at regular bookies, always place them at a bookie with the highest odds for the actual event

The basic pre-conditions of a long term profitability from betting is to place bets at the highest available odds. If you have account only at one bookie, you are free-willingly giving up a big portion of a potential profit, which often represents the thin line between success and failure in betting. Therefore we recommend our users to open account at several booking and to place bets where the odds are highest for the event you are placing your bet on. Moreover, as a new customer, you may benefit from many welcome bonuses which the bookies offer to their new players, including free bet, return of your first stake in case of a loss, etc.

5. Strictly follow money management and don’t place more than 2% of your total pool on one event.

Avoid taking high risk in attempt to make a quick and big profit. If your initial pool is, say, 1000 EUR, we recommend you to start with a basic stake of no more than 20 EUR for an individual betting event. If you are a more aggressive tipster (you prefer placing bets on odds above 3,00), you should even decrease your stake per bet to 1% of your pool.

6. Don’t let bad betting series to bring you down

Even the best tipster sometimes experiences a bad period. If you start losing money, better take a break and don’t try to chase the losses by undertaking higher risks. Time you allow yourself to relax will help you to gain back control over your actions.

7. Don’t be „taken for a ride” by the bookies

Whether you are placing bets based on free betting tips provided on our site or based on your own predictions, don’t get allured by the vision of a high profit caused by multiple bets. Always place just one bet on a single ticket, since your chances of winning are highest and your chances of losing are lowest in that case. Remember, bookies always promote especially that way of betting which brings them the highest margin.

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