Bitcoin Forum

Many Tipsters are here...many claim to have great returns
I have this krazy thought ... say for example some one has a large bankroll and wants a "paid" tipsters best tips only for 1 year. (90% strike rate = best tip) This person wagers a large percentage of their bankroll each tip say between .35 - 1.0 bitcoin each time.

Here's the catch the tipster only gets paid if the client is in profit at the end of the full year.
This can easily be tracked using an excel spreadsheet.

Then the tipster is paid 1/2 of the profits the client has earned.

Would any of the tipsters here be brave enough to prove their worth using this method?
Its krazy iknow....
Would this be profitable for both parties?

Maybe two weeks and tips have to be with an odd around 2.00 or above.

i think someone has lose much they need a tipsters yes we will not feel confident when follow a tipsters or when followed a bet other person. it depends back to that person needed or not.

OK so two weeks seems to be the magic number.
2 WEEKS ends in profit tipster gets paid 1/2 of roi

Paying half of the profit i wouldn't do that, since i'm the one risking money. 1/4 might work out just saying lol.

this is a very good idea in my opinion but i think it needs some small changes.

for example as others mentioned a year is a very long time and trust goes both ways the tipster can give tips and the investors get the profit for a whole year and never pay back anything in the end.

also half the winning is a lot for just receiving tips.

Woah 50%   :o
Didnt see that at first.
25% max.

Nice idea, but i don't think someone are brave enough to do that , if they lose only the tipster to blame

Dude I haven't heard of a tipster that would wait an entire year to get paid for his tips haha. Tipsters need to eat too you know. And if they were confident enough in their own tips they would have been betting 1 Bitcoin per bet and would have become millionaires in one month's time. After you have bought a tip it's a done deal.

It could work for a small duration like this but both the parties are at risk.

Buyer is at risk#1, the tips failed, he loses a lot of money, tipster didn't win anything but didn't lose anything either.

Tipster is at risk#2, the tips worked, brought a good profit for the buyer, buyer refused to pay anything in the end.

The thing is, this whole selling tips is almost like a con, if you're that good with your tips then you don't need to sell them to make a profit. Just bet on them and live happily ever after.

Here's a tip, bet on Kuznetsova @5.1, she might just do another upset like she did already beating Serena (which I did pick btw). GL :)

Why not give tips and if bettors won that same day get 20% cut with the winnings no obligation to ask fair for both tipster and bettors. Just for a taught because 1year and half would be a long way

This seems reasonable but I would think that the tipster would want a LUMP Sum.

Get all the profit All in one go!

Point is,who will wait for a year for the earnings from tips ? The definition of tips itself is something instant rather than prolonged basis.Also this idea will only work in the long run which is likely impossible because how'd a tipster be sure that the other person won't run away with the profits in the 11th month of the year ?

I am in for 2 weeks or even 1 months with 10% as pay if my tips results winning profit in longer term 2weeks or 1 month.

Been doing this free for 2 months now and my stats are 40 premium tips played, 28 wins, 12 losses. If the investor bets always the same large amount, he should be in profit now and I only would like 10% of their winnings. I am ready more than ever :)

Good call on the Williams match.  ;D ;D ;D Looks like history repeats itself

I like the risks you noted...Escrow accounts are what could solve risk #2

OK so two weeks seems to be the magic number.
TERMS & CONDITIONS
Duration: 2 WEEKS Minimum
Conditions:
At the end of the duration Profit must be achieved Positive ROI/UNITS
 (more than what initially started with)
Bettor must place all returns from wining tips into a mutual wallet (escrow/third party wallet)
Bettor would select a single wager amount between .15 to 1 btc for each tip for the entire duration.

If conditions are met: Tipster gets paid at 1/4 minimum from the mutual wallet ("POT") where there returns have accumulated.

If you have good skills in predicting premium games we can start with .008 btc then all of your tips for the same day we will try for example if you have 4 games in mind all of them we will bet .0015 then the remaining we will go with parlay 4 all the total winning from that day will be 20/80 not bad to tipster because he doesn't lose anything but with the skills she/he will gain rewards.

People that can make money by betting on sports make money by betting on sports.

I came up with a few ways to screw over the other person if I was the "tipster" in this situation without even trying.

Stop paying for picks.

i guess in the scenario i'm describing you aren't really paying for picks...its more like a bounty

Example I offer a small reward for anyone who can give positive returns at the end of 2 weeks they will have earned a cut if the condition is met.

As for the trickery you're talking about...i'm not sure any "paid" tipster on this forum would risk their trust or reputation in order to screw a guy over using bogus tips...

Paid tipsters don't have any trust or reputation. They are con men. If they were good at betting they would bet.

All this system does is allow them to bet risk free. If they are down early they can take bigger risks in hopes to get up, and then the bettor is forced to take bets form someone who probably sucks at betting and/or break the contract.

If they are up early they can do the same thing, hoping for a big score, and then complain that they didn't get paid enough when they gave instructions that would lead to being up x but the bettor didn't make all the bets.

If paid tipsters want to get paid for making good picks, they should bet.

All Tipsters are scammers??

Most are. If they were good at betting they would be making money betting instead of selling the picks.

I know as someone on the forum we are supposed to think that everything in the financial world outside of bitcoin is some foreign planet, but we can learn from their mistakes. Most of the people in the real world that sell picks are scammers/fraudsters, so most of the people that sell picks in bitcoinland are scammers/fraudsters.

In this scheme they are using your money to bet risk free. It would be filled with scammers and fraudsters.

It's very simple to prove that you are a legitimate "tipster." No one here does it because doing it will quickly show that they are not as good at betting as they believe.

Post all bets somewhere before games start, with proof of a bet hopefully.

Clearly list how much you are betting and when you made the bet.

Clearly keep track of your record, including wins and losses AND how much money you have won or lost, again preferably broken down by sport.

This sure would be profitable for the tipster. They don't have to risk anything, and get half the profit of large bets.
I think even if it was 25% was more than enough. I also don't think two weeks is enough, I think 1 year is way to much, so I would go for 1 month.

1 month service period, and 25% (of ROI% with bets of 0.35 to 1 BTC)
If I was a good tipster I would take it.

Even better idea, if theres is a profit then tipster gets 25% of it, if there is no profit and money loss then tipster has to pay 25% of lost money to the person.
I think thats the only fair way if you want people to trust you and try your service.

So the stats tipsters provide mean nothing!?!??

I have not seen a tipster provide ALL the relevant stats, so yes, they mean nothing. I don't pay much attention because every time I look it's not even close to being right.

Do you know one that posts all their picks before games start and keeps track of all their picks and how much money they've won or lost?

How many of them that do that pick games that are difficult to pick instead of just picking heavy favorites?

Good thinking ... but here's the thing what if someone bets a bitcoin everyday over 30 days at end no profit was made

worse case is that 15 BTC is lost and 50% would mean 7.5 BTC and i don't expect a tipster to pay it low chance of that happening...

Hmm well, such things dont usually happen.

I edited it to 25%, its still good.
So you could win 25% or draw or lose 25%, true sports betting. 
But as you said in case person lost 15BTC, well you have to pay him 25% cause its your fault.
Its like being a hedge fund manager but with less penalties.  ;D

Both bettor and tipster should profit from the agreement...

Ofc you will profit if you are even decent tipster with over 50% winrate.
And yeah real tips are with odds 2.00 and higher.

What do you mean by if you don't have a big enough bankroll you can't profit from your own picks? Do you know who made the big bucks during the Klondike Gold Rush? No it wasn't the gold miners it was the shop owners who sold the shovels to the gold miners  ;D I think this comparison is very true in this thread's context  ;)

For example if the some of the legit guys (75 -90% strike rate) use proper bank roll management

I some times see what i call baby wagers $2.50-$25 from tipsters on this forum

If you're consistently winning and are an expert at a league it is reasonable to do higher stakes... right?

If you are a good tipster why not use close to max stake each wager? 80% chance of being right why not try it.

this is correct if you are really have a good knowledge with the game and 80% of winning chance you should try to bet more so both tipster and bettor will profit more, I like this idea since I always do follow free bets but most of the time I lose because risking with small odds wont benefit me much.

1 year is pretty long in my opinion. This idea may be applicable for at most a month. Nobody will wait for a year on this.

And paying half of the profits would be best for encouragement of tipsters. I guess www.Jetwin.ps is the right platform for that ;)

You can check my threads, I have been completely transparent being a tipster, never hidden a single bet and showed all of my results...
Many won, many lost, but I showed all of them, those too all were free...
Not all tipsters are scammers...

It is much better to pay for tips if tips win
I have about 30% strike ratio on horses
but winers are between 4/1 to 25/1
horses are not easy game but sometimes very profitable

Horse racing, Soccer and Cricket are 3 games which is way too risky to bet.

Anything can happen at the very last moment. Until a special player takes makes a match one sided you cannot predict who will going to be the ultimate match winner.

But yes, they can be profitable if you start winning consecutively.

I don't think any gambler that makes big bets is going to listen to some random guy that has nothing to lose if the bet is a loss.
Don't you think that there would be people with 20 alts and different "tips" on each one, making one or more of them right most of the time, giving fake feeling of
security to people ? And the time period is just insane.. imho it's better to follow own instinct and knowledge when it comes to money.

You are right, horses are actually the most difficult ones to be predicted amongst...
You really don't know whether you will see the least odds horse in the list of 1 - 3...
I have myself been a Horse-Racing tipster, and one thing is for sure, it involves a lot of risk when it comes to Horse-Racing, and according to me, it's the riskiest sport I have ever bet upon...

Very interesting but a year to wait? I think that's too long not everyone spends a year in crypto or even online you know?

You can try
 2:40  WINCANTON  Batavir
looks like best bet for tomorrow 5/1 6/1
dont be worry if odds wll rise but rather no
do not spend fortune if weather will change can be diffrent
Weather in UK is changing during the day very much

I won't try this...

I agree that a year is too long, but maybe one month would work out okay.  I think this is actually a pretty good idea.  I might actually be willing to pay for some tips if the tipster was held accountable through a system like this.  They would have to put there money where their mouth is.  They wouldn't get paid unless they were actually giving good tips.

The only way i'd pay for tipster service is for tips to be with an odd 2.00 or higher and winrate 70% or higher.

That doesn't make sense.

how can they not have a big bankroll if they are so good at betting?

Shouldn't they be able to build it up big?

That's a great idea.

No one will be able to meet those requirements so you won't waste any money.

and how is that possible there is no way to have a tip that perfect with odds higher than 2 and with 70% it can't happen in a dream XD.
he will not waste any money really no one can give him this tips.
try to be in the reality man :p

What is your record? How are you keeping track of money won/lost?

Oh but it is possible, and i will prove it.
Currently im on 50% winrate with odds over 2.00 https://bitcointalk.org/index.php?topic=1406176.0

Wow this is nice...i like
Free TIps too??

Horses are so hard to win at! its just so much built in
juice and profit for the track that all the exotics by math
standards are bad bets.

Pretty sure you would need inside info to win long term and if you have
that your not worried about a few bitcoins lol

BTW follow this tread currently competition on tipster

Tipster Challenge | Follow The Best Bitcointalk Tipsters Here! (https://bitcointalk.org/index.php?topic=1419837.0)


all are betting in different football league and nba so try something like this

Yes, free tips until i get steady 70% winrate.

Eventually i'd like to tests this out...