Betting Systems and Tipster Services - Scam?

LeeUK

LeeUK

LeeUK

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I signed up to a some mailing list a while back for some racing tips and ever since I keep getting emails for various "systems" to make money on the horses.

One email I received today caught my eye as it states an outlay of £2 per day on some fourfold bet which can come in at 147/1. The tipster recons he makes £300+ a month from doing this.

This has got to be a scam right?

He only wants £15 a month for the info. :D
 
Plenty all over twitter and facebook who share their tips for free. They generally post a code to a sign-up bonus so i assume they must be getting a little something from the betting companies. I was following two a few weeks ago and decided to put £20 on each of their tips that day. Both lost. Since then, one has completed 2 £10-£1000 challenges and the other lost that one bet in something like 52 previous bets. Needless to say, bloody typical.

I'm not mad..
Honest.
 
LeeUK said:
This has got to be a scam right?

He only wants £15 a month for the info. :D
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erm yes... did you really need to ask even?

supposing someone genuinely has an edge in betting markets - how on earth is it in their interest to sell this to the general public rather than simply exploiting it fully themselves. Pretty much any 'profitable' tipping system suffers from this obvious flaw ergo they're essentially just 'scams'.

You can apply the same argument to people who claim to train you how to trade stocks/binary options/whatever... this is one area where the phrase 'those who can, do; those who can't, teach' actually applies quite nicely.
 
If you want to make some real money PM me. For a one off fee of £500 I'll give you my super secret strategy for picking lottery numbers.
 
Diddums said:
If you want to make some real money PM me. For a one off fee of £500 I'll give you my super secret strategy for picking lottery numbers.
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I'm in, post your bank details and I'll send you some money. I live in Nigeria and I'm bff's with the king so am completely legitimate.
 
I've heard they're endorsed by the bookmaker and make a percentage on losses. So if you win it's great for everyone involved, if you lose then they and the bookmaker still make money and you lose out.

Not sure how true this is however..
 
Yeah I knew it is probably a scam as in why sell the info if you are making money from the bets. Just that it was a low £2 outlay rather than the usual odds-on bets these systems tout where you need a sizable pot to make any money if you so happened to win a bet.
 
A race with 6 horses... "Tipster" splits his mailing list into six groups. Allocates a horse to each group. 17% success rate. Those who have made money tell everyone how great the "tipster" is.

It's a scam, and it isn't even complicated.
 
LeeUK said:
I signed up to a some mailing list a while back for some racing tips and ever since I keep getting emails for various "systems" to make money on the horses.

One email I received today caught my eye as it states an outlay of £2 per day on some fourfold bet which can come in at 147/1. The tipster recons he makes £300+ a month from doing this.

This has got to be a scam right?

He only wants £15 a month for the info. :D
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If he was printing money like that, do you think he would need to make money selling his method? Or even reveal it for that matter? ;)
 
String said:
A race with 6 horses... "Tipster" splits his mailing list into six groups. Allocates a horse to each group. 17% success rate. Those who have made money tell everyone how great the "tipster" is.

It's a scam, and it isn't even complicated.
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Derren brown did something like this iirc. Although with 10 races or something. As you say, he'd split everyone up so throughout the 10 races someone had to have won all 10. Obviously believing he had a method for knowing the winner they were willing to bet all their money on the next race.
 
Semple said:
Derren brown did something like this iirc. Although with 10 races or something. As you say, he'd split everyone up so throughout the 10 races someone had to have won all 10. Obviously believing he had a method for knowing the winner they were willing to bet all their money on the next race.
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Yep. He sent out the first batch with a note saying mail me back if you win as this is a new system I'm trialing. Naturally, the winners mailed him back and they got added to the distribution list for the next race. As the process repeats it acts as a filter and naturally the people mailing him back are the people who have been winning, apparently without fail.

By the end, a woman had so much faith in him she borrowed something like £20,000 to lay on the last race.


EDIT:

Actually, here's the episode here:

 
My mate singed up for one at £10 a month and won quite a bit. Obviously they still lose from time to time but overall, had he stuck on a tenner for every bet the guy did, he'd be about 2 or 3 grand up. He never bet that much though.
 
Tosno said:
The one where you bet £5 if it loses bet £10, if it loses bet £20 until you win? Best £450 I've ever spent.
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Martingale system.

Have seen some asian blokes do it at a casino, they started off at 100 quid. Then lost 9 spins in a row. The guy was literally screaming in tears outside.
 
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