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Are paid tipsters worth it?

Yes, profits can be made in a single month but if this your approach, you may be very lucky to do so. If separating the two years individually that I provided tips, I can honestly say that in seven of the 12 months I made individual losses, but over the course of each 12 months, a profit was made.

olbg.com - Professional or Paid Tipster Services - Are they worth it? - OLBG.com

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This is really subjective! I would say it could be anything.

Let's start and state that Tips for free on OLBG cost absolutely that. Nothing, Nada, Gratis, they are free! There are plenty of fine tipsters on this site who offer their views for free and return good profits on a consistent basis. So there is the first base. To go to the other end of the scale, I have seen Tipping services that cost in excess of £1000 per month. - "for the more discerning client," they may claim. For the bloody idiot with far too much money at their disposal, I would counter-claim! I am not denigrating high charging tipping services, but paying a high price does always ensure that you will "get what you pay for". It is human nature often to keep this cliché in mind, but unscrupulous tipping services, and I might dangerously suggest, scam services, will price themselves high to instill false confidence that sending huge amounts of money must mean they are worthy. Finally, there are the Celebrity Tipsters. The horse racing names, that appear in trade newspapers and on television. Again there are no guarantees that just because these people work on a daily basis within the industry that they will be any better than someone else. Indeed, some professional tipsters work, within the industry simply on the basis that they are tipsters, this shouldn't be forgotten.

But the lure of a racing celebrity is a strong one.

Although remember, that they are not ONLY racing Tipsters and certainly not Professional Gamblers. Their primary income will be within the world of Journalism, media, or presenting. Most tipping services off the back of this will be in conjunction with a media outlet who will pay for the endorsement, and perhaps the tips. In some cases, the names that are aligned with these services have no input into the tips themselves; their only input is creating the invoice for the endorsement and cashing the subsequent cheque thank you very much! In summary, there is no answer to "How Much Should I Pay for Horse Racing Tips?" I would pretty much guarantee, however, that if they are for sale at 99p on eBay, you will not be looking at a long term service, nor a profitable one. Finally - Professional Gamblers are not going to sell tips on a service, they don't need to.

Professional Gamblers are not Tipsters.

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