3 MONTHS & 277 TIPS ODDS TRACKING… As standard practice when reviewing a tipster, we initiate some very detailed odds tracking analysis, whereby we observe how the quoted odds a tipster put forward rise or fall.
If for example a tipster is going to settle a bet at 7/1, when you can only get 5/1 – there really is no point in following!
(Something I see time and time again in the racing world these days – be very careful of tipsters quoting big odds the night before racing as often its impossible to obtain them) SBC Team member, David, is the man in charge of our odds tracking and he spends hours each week monitoring the betting markets and logging the odds for each tipster under our review microscope.
It's a herculean task but it is a hugely worthwhile one as the results are often invaluable.
As part of the Brazilian tipster review,
David tracked the price movements of 277 tips between March and June 2016. He used two bookmaker panels for this exercise; a "UK" panel (consisting of Bet365, Coral, Ladbrokes, Matchbook, Paddy Power, VCBet, and William Hill), and an "Asian" panel (188bet, Pinnacle, and SBOBet).
The advised odds were recorded and compared to prices available on receipt of email, 60 minutes after receipt, and the closing (kick off) price.
Here is what he found – starting with the
UK Bookmaker Panel: Odds Tracking Results (UK Bookmaker Panel)
For those of you with only access to UK bookmaker accounts – the good news is that the odds available when the tips were received could be beaten by around 0.8% ROI on average. Those of you waiting up to 60 mins or when the odds close would be between 1.3% and 2.5% worse off.
Now moving onto the odds movement from our
Asian Bookmaker Panel (best odds from Pinnacle, SBObet or 188bet) – here is what David found:
Odds Tracking Results (Asian Bookmaker Panel) Once again, the good news was that
if placing your bet when it was received would result in a 1% increase in overall ROI – signifying the odds quoted by this tipster were both realistic and beatable.
More positive news came in the form of the odds available after 60 minutes had elapsed, which still showed an increase of 0.4% ROI.
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