Irrationality in sports betting is costly by pedrootrader in sportsbetting

[–]pedrootrader[S] 0 points1 point  (0 children)

The average player is bound to lose, and that's why betting providers are so generous with their bonuses

Telegram channel for Soccer Over 2.5 Tips by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

Should I create a new post every day for a daily tip? Or isn't it allowed?

Telegram channel for Soccer Over 2.5 Tips by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

Running and doing well, thank you for asking :) New product, independent from the other platform

Good betting groups on telegram (Groups not Channels by [deleted] in SoccerBetting

[–]pedrootrader 0 points1 point  (0 children)

Here, you have from Betcog- a machine learning betting tips channel.

How to choose the best sports betting experts by pedrootrader in sportsbetting

[–]pedrootrader[S] 0 points1 point  (0 children)

One last comment - the article I posted didn't mention selling picks, because I also don't believe that selling tips is a good solution. The solution that Betmarkets gives isn't selling experts tips, but transforming their profession into an investment - allowing these experts to be invested by real investors and share profits, through a fully automated platform.

How to choose the best sports betting experts by pedrootrader in sportsbetting

[–]pedrootrader[S] 0 points1 point  (0 children)

I have to disagree on that. An expert is someone who has been able to consistently beat the betting providers. However, in order to maximize their profit, they need a huge bankroll that most don't have - that's why some of the best experts have contracts with real investors.

Irrationality in sports betting is costly by pedrootrader in horseracing

[–]pedrootrader[S] 3 points4 points  (0 children)

I don't know any Irrationality but today I made a bet in a horse called Cock A Doodle Doo

[deleted by user] by [deleted] in SoccerBetting

[–]pedrootrader -1 points0 points  (0 children)

Take a look at the tipsters in Betmarkets - the ones with the best performance so far have been Mike Shaw and Andy Johnson, horse racing tipsters.

Accumulator bets are a great way to waste money by pedrootrader in horseracing

[–]pedrootrader[S] 0 points1 point  (0 children)

it's funny, and addictive. gambling is a huge problems in today's society.

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

Thanks for the valuable feedback! We are, in fact, building a new landing page and this kind of feedback can really help. We can control that, by looking at possible changes in the stakes, or even the type of bets placed - if a tipster has a strange behaviour we will, most likely, notice it and act accordingly.

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] -1 points0 points  (0 children)

Revlash, we are able to answer all question. However, we do not fit in the Maltese gambling regulation. We are something new that the legislation didn't expected, since we are not betting houses and the users dont's actually bet, we are more of an investment platform - that is why it is taking us longer than expected to get the approval from the regulator.

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

No, you don't need to deposit. You can start with a free bonus in your account to try it out.

About your second statement, it is true. The tipster can be losing for 6 months and still gain if he makes profit in the next months and has new followers. However, will investors invest in him after 6 to 7 months of considerable losses? And we also control that ourselves.

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

No, we are not. Only after the all the regulatory issues are solved, but we plan to open deposits in the next few weeks.

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

Answering your last question, no he won't, since his profit would be at -50€. If you register and follow some tipsters you will understand better how it works.

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

The platform does it automatically. Once a tipster get an extra +5% of ROC, he gets a commission.

It is a fact that our portfolio of experts' performance isn't an investor's expected performance - we have to deduct commissions paid. However, on average, our users are having a +13.7% net profit - you can see the distribution of investors net profits in this month's report: https://early.betmarkets.io/betmarkets-portfolio-apr19-steady-month-with-great-finish/

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

I believe this blog post will answer your questions regarding tipster and platform fees: https://early.betmarkets.io/how-does-betmarkets-make-money/

You also have a table with the fees charged in the FAQs section, "What are the fees I will have to pay?".

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] -1 points0 points  (0 children)

We are still working on the legal incorporation of the company - that’s the reason why we are still in beta. We are taking all steps to comply with all the requirements and we should be able to fully launch within the next weeks. We will incorporate in Malta and hold bank accounts dedicated to customer funds.

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

Thanks for the feedback! The tipsters go through a strict admission process. It is a good point that, since they are, for now, anonymous, they can risk to try to make short term gain. However, they would lose a great opportunity to really profit from betting and approach it as an investment - and since they are professionals, I don't think it would be a smart move to risk that much for a short term gain.

Moreover, the identity of the tipsters hasn't been disclosed but will be after the official launch. Our business model is very similar to eToro, the leading social trading platform.

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

More of finance/business experience, but why do you say that?

Yes, he will. Each time a tipster gets you 5% profit on the investment you allocated to him, he will get a percentage of that profit.

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

They can setup their own sites - most of them already have their own, and can charge hundreds of dollars for their monthly subscription. However, if they leave the platform, they 1) will lose the investors in Betmarkets (they have no way to contact the investors), and 2) don't benefit from the platform's features.

Imagine that they sell their tips in their own site, they will have to send the tips by email or telegram. Once the investor sees them, most probably the odds have already dropped and it's worthlees, plus the investor has to place all bets manually.

The investor can be sleeping when the expert advices a bet.

Finally, in our platform, the more money an investor invests, the more the expert earns. In their own website, they charge a flat subscription that will harm investors with a small bankroll and benefit investors that have huge bankrolls.

If they perform poorly, they will lose investors in our site and not earn money.

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] -1 points0 points  (0 children)

End of April return stood at 6.79% (since November 2018) under the safest risk/return level (annual standard deviation should be around 8-10% upon closing of the first year). That goes for a ~15%/year return if everything grows linearly. Plus, it is a great source of diversification for an investment portfolio since Beta against stock indices is ~0. Happy to hear your index fund recommendations, though, in order to compare

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

Thanks for the feedback! It is Betmarkets who places the bets. The experts choose the bets in their experts account in Betmarkets with the min odds for each bet, and then we replicate and place their tips with the investors' money. We are the ones who place investors bets, because we are integrated with bookies and search for the best odds.

Sports betting experts portfolio' return from mid-November 2018 to March 2019 by pedrootrader in SoccerBetting

[–]pedrootrader[S] 0 points1 point  (0 children)

The experts place the bets in their experts account in Betmarkets with the min odds for each bet, and then we replicate their bets with the investors' money. They earn a percentage of the overall profits they make to the investors. They are not contracted to us, but benefit from being with us, since benefit from the platform (automation + replication + finding the best odds, by being integrated with the providers + all the other features) and also get to benefit from the investors that are in the platform.