Bookmakers are forced to place odds on most events. Without sound advice, you could be betting in the dark.

While sports is estimated as a $300 billion industry, experts believe that sports betting is close to a $400 billion industry. They acquire inside information, tips, and insights that are not readily accessible by the general public. The sheer size of the market has attracted a variety of tipping vendors to set up shop, and they typically charge a subscription fee for their advice. However, punters have the option of only placing wagers when they perceive that they can beat the odds.

There are several advantages to following an effective (and profitable) sports tipster. Here are tips for following a betting tipster:

Assess a tipsters claims on his track record.Does the tipster possess considerable knowledge about the sport they cover? Does their betting methodology seem analytically sound, and is their thesis plausible? Dont fall prey to a phony.Does the tipster produce more winning sessions than losing ones over a period of time?

Third, bookmakers often mis-price odds in the marketplace. Some tipsters cover a variety of sports while others, such as Inside Gambler (horse racing), specialize in a specific sport..

Finally, tipsters follow emerging trends and patterns. A good tipster can spot these frequent errors or miscalculations and convey value to bettors. First, by placing a wager, you are placing your hard-earned capital at risk which means that, just like in the stock market, it is better to make a decision when you possess a (tangible) competitive advantage. Tipsters have all the time to analyze a complex set of data whereas punters dont.

Second, tipsters offer bettors relevant and useful information so that they can make better decisions. Thus, bettors pay a small fee in order to compensate the tipster/advisor for his time (and expertise). In sports betting, information is power. Good tipsters not only help you to allocate your betting capital, they save you time. Most punters cannot dedicate the same amount of hours in order to acquire the same insights that tipsters possess