When it comes to tipsters Return On Investment (ROI) is important but it is not the whole story. You also need the right number of tips every week if you’re going to make a reasonable profit.
Profit is King
The reason for following a sports tipster is to make money. Money comes from ROI and numbers of tips. A bigger ROI and more tips means more money.
The purpose of this post is to show the effect that ROI and numbers of tips have in making a profit from sports tipsters.
Tips per month needed for £100 profit
Would you rather bet £70 every day to make £100 profit at the end of the month? Or does betting £10 every day to make that same £100 profit sound better?
In the table below that’s the difference between a tipster with a 5% ROI and one with a 25% ROI. You have to bet on 5 times as many tips and stake 5 times as much during the month with the 5% ROI tipster to make the same profit as the tipster with 25% ROI.
The 5% ROI tipster needs to provide 200 tips per month – about 7 a day – and you need to bet £10 on each one – that’s a total of £70 – to make £100 total profit at the end of the month.
The 25% ROI tipster only needs to provide 1 or 2 tips a day for you to bet £10 on to make the same £100 monthly profit.
Stakes per tip needed for £100 profit
The trouble with the table above is you can’t control the number of tips per month. Nor do you know how many tips your tipster is going to put out every month. But you can control how much you bet on each tip.
If all tipsters put out 1 tip a day how much would you need to bet per tip to make £100 profit per month?
Following the 25% ROI tipster you would only need to bet £13 on each daily tip.
Following our 5% ROI tipster, you would need to be betting £66 on each tip each day – that’s 5 times bigger bets than the 25% ROI tipster
Importance of ROI and number of tips
You make more profit with a higher ROI and a bigger number of tips.
Here’s the first table again except this time the tips per month figure is reversed – the lower ROI tipsters have the lower number of tips per month.
This shows the dramatic difference between low ROI&few tips and high ROI&manytips.
The £13 profit from the 5% ROI tipster is probably not even going to over your subscription costs!
Quality of tips
So you’ve found a tipster with a good ROI who produces a reasonable number of tips every month so what next? Just sign-up? No! Hold on. Not just yet and I’ll tell you for why.