EWEdge

Do racing tipsters work?

Some do. The reason you cannot tell which is that almost every record is measured in a way that makes it look better than it was.

The price you see is not the price you get

A tip goes out to everybody at once. Enough of them back it and the price shortens.

The record keeps the price before that. You get the one after. On a 12/1 shot that lands at 8/1 by the time you have your phone out, the same winner is worth a third less to you than it is to the record.

Nobody is lying. The number is just not about you.

Four ways a record flatters

What the record doesWhy it flattersWhat to ask for
Counts every bet, not every raceSeveral bets on one runner share one resultResults per selection
Prices taken before the tip went outThe price you can get is shorterThe price at the time of sending
Kept and published by the sellerNothing stops a bad month being editedA record posted in advance
Starts at a date that suitsThe bad first year is not in itEverything, from the beginning

Any one of these can turn a losing year into an advertised winning one. Two of them together will do it comfortably.

Free tips are not free

Ask who pays for them.

Most free tips carry a bookmaker signup link. The tipster is paid when you open the account, and often paid a share of what you lose after that. The tip is the advert.

That does not make the horse a bad bet. It does mean nobody in the chain is worse off when it loses, except you.

A tip and a value bet are different things

A tip

Someone thinks this horse will win. If it loses, the tip was wrong.

A value bet

The price is bigger than the chance. Most of them lose. That is expected and it is priced in.

The second one can be checked. Either the prices were too big or they were not, and enough bets will say which.

What to ask before you pay

Three questions. They are all about the record, not the horses.

Is every selection published before the race? Are the losers still in it? What price does it count?

If a service will not answer those, the strike rate on the sales page is decoration.

Ours, then

Every pick is logged when it is found, at the price and terms on offer at the time. Losers stay in. Nothing is removed.

Read it before you pay for it.

Frequently asked questions

Do horse racing tipsters actually work?
Some do. Most published records overstate what a follower would have got, because the record is kept by the person selling it and measured at prices you could not take.
Why can I never match the advertised results?
You are betting after the tip went out. A price shortens the moment a few hundred people back it, and the record usually keeps the price before that happened.
What is wrong with counting every bet separately?
It flatters the numbers. Ten bets on one horse in one race share a single result, so counting them as ten wins makes a lucky race look like a proven method.
Are free tips better or worse?
Different. A free tip is usually paid for by a bookmaker signup link, so the person tipping earns whether or not the horse wins.
What should I check before paying for tips?
Whether every selection is published in advance, whether losers are still there, and what price the record used. If any of the three is missing, the number means nothing.
How is a value service different from a tipster?
A tip is an opinion about what will win. A value pick is a price that is too big. Most of them lose, and that is expected. Each-way value betting.

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