Time for simplification and a new assessment framework

The number of factors involved in my assessment of sports tipsters was increasing. The factors were all valid and useful but it was becoming just a long list of unstructured criteria with little coherence.

It was time to rethink my approach. To rationalize and simplify.

At its heart my judgement of a tipster is based on four questions:

  1. How much profit am I hoping to make?
  2. How much will it cost me?
  3. How risky is it?
  4. How much effort will I need to put in?

Ideally, the answer is “making lots of profit starting with very little money at low risk and very little effort on my part”.

All the factors used in assessing a tipster will now fall under one of four Key Performance Indicators – PROFIT, COST, RISK and EFFORT.

Each tipster will be assessed and rated on these four benchmarks. And tipsters can be compared both on the individual benchmarks and an overall score.

This will be able to help in choosing between tipsters when, for example, you may be willing to accept a higher risk for a higher profit or perhaps where you want to minimise costs and can apply more personal effort.

I believe this provides simplification and a framework that addresses real-world concerns.

This will be the format used for new tipster technical analyses going forward. Existing technical analyses will be revised to this format as and when the tipster is periodically re-assessed.

 

Rob

Rob

I'm Rob, I have an M.Sc. In Mathematics and Computer Science and I am the creator & writer of TheBetInvestor. I provide honest independent assessments of sports tipsters based on statistical and financial investment analysis. My aim is to find profitable tipsters and help you safely navigate the murky waters of the online sports tips world.

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