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.

The tip can be the trade

A tip moves the price. The person sending it knows exactly when, because they choose when to send it.

That on its own is enough to trade on. They back the horse at the big price. They send the tip. They lay it back on the exchange once the money arrives and the price has come in. The profit is banked before the race runs, and the horse never has to win.

In shares that is market manipulation and it is illegal. Racing has no such rule, and there is far less money in a horse than in a share. A few hundred followers can move a price several points. A few hundred small share buyers move nothing at all. The smaller the market, the smaller the push it takes.

We cannot see inside anyone's exchange account. Take this as a reason to check, not an accusation.

So check which price the record counts. A service trading its own tips has every reason to count the one from before the tip went out.

Tips get your accounts closed too

There is a second cost, and it is never on the sales page.

A bet that beats the starting price is the exact bet a bookmaker does not want. Take enough of them and they cut your stakes, or close you down.

Following a big tipster makes that worse, not better. Thousands of people back one horse, in the same few minutes, at the early price, and it beats the SP. That is a pattern, and it is the easiest one there is to spot.

Our picks are chosen with that in mind. Shrewd leaves out the ones that look sharpest of all. No service can keep an account open forever. The aim is to look less like the pattern.

Why the board does not move the same way

A tip is one horse, sent to one list, at one moment. That is why it shortens so fast.

The board is not a list. It runs across the whole day's card and updates all day.

So two subscribers rarely end up on the same runner. They open it at different times. They keep different filters. They hold different bookmaker accounts, so the best price for one is not even on offer to the other.

The money that follows the board is spread thin, over a lot of races, all day. A tip lands all at once, on one horse.

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

Every pick is logged when it is found, at the price and terms on offer at the time. Losers stay in.

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.
Do tipsters bet against their own tips?
Nobody can see inside another person's exchange account. The incentive is real, though. A tip moves the price, and the tipster picks the moment it moves.
Will following tips get my bookmaker account limited?
It can. Beating the starting price is the pattern bookmakers cut, and thousands of people taking one early price on one horse is the easiest version of it to spot. How Shrewd picks.
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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