What’s The Point? Choosing a Staking SystemComments Off

This post is not a warning as such, but more of a post to make you aware that you have to look twice at their staking system before presuming that a tipster with the most points profit is the most successful…

More and more tipsters use a points system to allow them to bet different stakes, depending on their confidence in the given fixture. The principle is great as it allows greater flexibility when betting, and you can bet more on the fixtures you are more confident with. As you can see from our previous tips, we have always used a single staking system… This avoids confusion and also shows that we are confident in each tip we give. However, this coming season JC and I will have a staking system that allows us to double up on one tip a week if we feel there is a certain game that merits doing so. This will always be clearly stated within each tip, and always reflected in our results section.

The use of points can be extremely misleading. Some tipsters use a multiple of 5 points (5pt, 10pt, 15pt and so on) which, when they make a profit, inflates their perceived success. For example, Tipster 1 could bet 20pts per tip; give 100 tips in a month and then state that they’ve made over 100 points profit in the month… 100 points sounds great – £1000 at £10 per point, when in fact that is only a 5% return on investment (ROI) – and you’d have to be betting £200 per tip – very high risk. Then you have Tipster 2 who bets 1-5 points per tip, gives 30 tips, and wins 25 points. Tipster 2 gives a 33.3% ROI, but it looks as though they’ve been less successful than Tipster 1 – THEY HAVEN’T.

Tipster 1 Tipster 2
Average Points/Game 20 2.5
Total Bets 100 30
Points Staked 2000 75
Average stake £200 £25
£ spent (£10 stakes) £20,000 £750
Profit (points) 100 25
Profit (£) £1000 £250
Return on Investment 5%  33.3%

 

The only TRUE reflection of betting success is someone’s return on investment. Risking £20,000 for a £1,000 gain (or £200 for a £10 gain) just isn’t worthwhile. This is just an indication (slightly exaggerated) of how the numbers can be misleading. We aim to keep our tips, staking system and website easy to understand. If you have any questions at all, let us know.

Terry

 

About Terry

One of two premium tipsters on the site. I have years of experience in the industry, working in both a professional football and betting environment

Shortlink: https://terrytipster.com/?p=1515
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