Quote from: Gitano on Aug 06, 07:41 PM 2019
Hi, what is it? sport service selling tips ? ::)
That's is a proven professional that has an edge, positive expectation, playing sports and they sell there sport picks so others also can earn money.
What you look at is how many placed bets that have been made during how many years and what the kind of ROI they have.
ROI means the return of investment and also an indication of how well and strong there edge is.
Never get involved with someone who places less than 1000 bets and also to be skeptical with those who has too big ROI.
An ROI of around 103/115% is realistic.
For example, I pay 40 Euro each month for the service and get 100 to 350 Euro in profit after placing all the sports picks each month.
Smaller ROI gives you smaller profits and larger ROI give larger profits and this also depends on your bankroll and flat betting unit size.
For example, 1000 Euro bankroll and betting 1% is 10 Euro.
With a horse race service, you can make 350 Euro each month, that is average calculated during one year's profits.
Minus 40 fee gives you around 300 Euro.
Diversification is important.
For example, one service might have a 109% ROI and give you 100 Euro profit (average) each month.
You say to your self that is not much, but this service has a record from 2014 with 5 years experience and give you a solid impression about being stable with small risk-taking.
This means that if you have 1000 Euro bankroll and place 1% but if you have 1500 or 2000 then you would make 150 or 200 each month.
The fee is 20 Euro, so profit would be 80, 130, 180.
Even with the small bankroll, you will do better than the stock market, because gambling is tax-free money.
500 Euro bankroll gives you 50 Euro minus 20 Euro fee, profit 30 Euro.
Now if you get involved with someone with 5 years placed bets and 7000 Euro profit, then you are pretty much guaranteed the money with very little risk-taking.
So you need to think twice before you pick a sports bettor to follow.
Last advice - if you would use them for a living.
Then several different sports bettors are safer than just putting all the eggs in one basket.
So if one fail/quit or have a bad month you have several others who provide you with stable profits each month.
Don't forget, this is gambling, so there is a risk-taking.
But to hedge, your own gambling with sports service is a very clever move.
Cheers