Tipster

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The term tipster originally comes from English and describes a person who provides tips and information for sports betting on a regular basis that other people can use for their own purposes. This is comparable to the role of a stock market analyst who in turn recommends buying stocks. Tipsters are particularly widespread and popular in North America and Great Britain, to which the Internet as a simple means of distribution has made a not inconsiderable contribution. Alternative German terms to the word “Tipster” are both “Tippgeber”, “Tipper” and also Expert; However, none of these terms are congruent with the term tipster and only describe partial aspects of the phenomenon.

One tip in the sports betting area is a third party proposed bet that is usually credited with more knowledge and expertise in this particular field than the bookmaker who sets the prices. Placing the proposed bet at the proposed prices would lead to long-term profits for a good tipster, which is why a tipster can be assigned a role similar to that of an investment advisor.

Successful tipsters are often people with inside knowledge that is not accessible to the general public. However, there are also many tipsters who are achieving similarly respectable results with long-term profits from analyzing publicly available information.

Good tipsters usually use statistical methods of estimating the probabilities of possible outcomes for a given bet, which can be compared with the odds of sports betting providers. If there is a sufficiently large gap between the subjectively real probability and the probability implied by the payout rate, this is an opportunity to place a profitable bet - in English this concept is often referred to as value bet . If value is available (for example: "added value"), a tipster recommends his clients to place the bet.

A well-known German tipster was in the 1920s Max Klantenservice which originally based horse betting system company in a fraudulent pyramid scheme transformed.

Tipster in the UK

In Great Britain the term tipster is often associated with horse betting, but in principle it applies to any sport or event on which bets are offered in any form. Every major British newspaper (including Ireland) also has a tipster section with tips on the day's horse races. Here, certain bets are often given the designation "NAP" - this indicates the bet that the tipster in question considers to be the best bet of the day. Similarly, “nb” denotes the second best bet (“next best”).

Tipster on the internet

Forums and communities have increasingly formed on the Internet, in which tips and information on sports betting are exchanged, and in some cases literal action is taken. Often this takes the form of a tip contest, in which there are often prizes to be won.

Professional tipster offers, where customers can buy their tips from professional tipsters, have also become popular, especially in English. Essentially, it is about the acquisition of expert knowledge, which the customer uses in order to generate a profit. In this regard, a tipster can be compared to an investment advisor, who in turn earns money by advising his clients on sensible investment strategies. In contrast to the Anglo-Saxon region, however, it is still rather uncommon in Central Europe to view sports betting as a form of investment, which is why such a view is met with cultural reservations.

The way tipsters work

Tipsters take the following factors into account when making their game predictions:

  • Analysis of tables and statistics
  • The shape curve of the two teams and their key players
  • Failures and locks
  • Possible setup and its effect on the course of the game
  • The current club situation
  • Weather forecasts
  • Analysis of the initial situation (game to win or draw)
  • Analysis of the betting odds of various betting providers
  • Referee statistics
  • the size of the home advantage
  • possible double burdens of the two teams

Individual evidence

  1. Berlin betting fraudster Max Klante: The dream of quick money . In: one day , October 28, 2018; accessed on October 29, 2018