Lets be very clear. 99% of tipsters will not win you money over the long term. Long term. Yes some may have hot patches but long term the outlook is very different. If they have an edge it will be eroded away either by the bookies cutting the prices or followers cutting prices.
There is a very old adage that goes along the lines of ‘If the information was that good then the person would never sell that information’. I am not sure that is quite the case these days and there has been a subtle shift in what is happening.
It used to be the case that if you had excellent information/models/big edge it would be possible for you to be appropriately compensated for that. There was a time when you didn’t have to worry about trying to open your 986th account through a friend of a friends friend.
You didn’t have to factor in Premium Charges with every bet you placed. Probably as important was that the markets were a little softer and it was easier to get that all important edge. What we are seeing is many choosing a different path than just pro punting.
There are now plenty of examples particularly in the DFS world but not limited to, of clearly shrewd operators, who have decided that their edge has potentially waned and it is much easier to either sell projections, sell tips/picks, sell tools, sell data, etc.
Some of them like Awesemo have been hugely successful and he remains an excellent DFS player. How that translates into what he is giving customers I honestly don’t know. I do know though it wont be all the very best stuff. He will have some successful followers.
It is highly likely that despite being one of the best DFS players in the world, that someone like Awesemo makes significantly more money from his website, than his punting. Its amazing how the game has changed.
For every Awesemo there are others in the industry. High profile names. Big Twitter followings. Who may have won a big event early in their DFS careers. They then realised they don’t have any edge and have parlayed this into all sorts of other sites/selling info on the back of that big win.
Where they have done incredibly well is that they have produced websites that provide data/info and then sold these sites to other bigger name corporations in the industry. For considerably more than they would have ever made betting.
I think people would be shocked at how few of the biggest names, whether it be on DFS or sports betting, can actually beat the game now. So many are out there, giving the impression it is easy and that they are successful. When they aren’t. There is an ugly side to this game.
I have heard of guys who have Horse Racing Telegram chats who have 1000 people paying them £10 a month. It gets to a stage where why would they bother taking the risk themselves of placing bets, if they can make six figures for no risk, no hassle of getting on, no variance etc.
Again how that translates to them actually being profitable I would be extremely sceptical. The point is that you are finding successful (?) punters deciding that this is an easier path to success. I cant really blame them.
In many respects its like a lot of the newspaper journalists/tipsters. They can make a living from tipping without actually having to take any of the actual risks of placing bets themselves. We even have businesses charging subscriptions for comparing tipping services. Wild times.
All said and done if you can run a website that makes you significantly more money than you would make from betting, then why wouldn’t you. With even bigger upside if the business is sold. Maybe I have been doing it all wrong all along…and don’t mention affiliates!!
ProPunting 