Paid Tipsters

Interesting debate going on in comments section of first blog Horses and Races over Paid tipsters.


For past few months we have witnessed mushrooming of paid tipsters who put advertisement in race books,blogs and boast abt their success to lure prospective clients.They charge for their tips.And what kind of tips they give--Place for horse whose win odds are 3/1..It is really funny how they claim that horse tipped by them fetched 3/1 for shp..do they mean to say they tipped that horse exclusively for shp? Most of the punters are tempted to checkout once for the simple reason that amount asked is very less ..sometimes as less as 1000 for 15 days..Thinking  that 2k or 4k is nothing in compare to what they bet they end up paying.It is human nature to bet big on info and credible tips.This is where this so called tipsters succeed and end up making decent money..Imagine even if 10 person agree to shell out 4k for month they pocket cool 40k without any investment on infrastructure or anything else...All their claims for paying money for getting info from stables is bogus and totally baseless.99.9% punters are in red struggling to keep their financial positions at respectable and manageable stage and any attempt to flee them promising sure shot winners is nothing short of a unpardonable crime.This kind of money will not do any good for them or their families..

Iam not against all kinds of paid services..Some sites like Racingpulse and Equine India charge for their services and in lieu of that they provide all required info on racing be it detailed race card,odds or post race analysis...They work hard to compile all the data and present the completely updated racecards with data of Horse,its performance,trackworks,winning history,distance and classwise winning history,trainer,jockey statistics,commentary of previous runs...Thus providing their clients a service which is worth every penny..Mind you they also give selections and they are really good.

There is one site DRF...i subscribed to it and wanted to be their paid member to get DRF charts ,,i know it takes lots of effort to compile and present that and i was ready to pay for that services,,i even sent them mail asking for charges,,surprisingly they removed my name from their members list and did not even reply to my mails...what we heard from them  later that they are charging 5k for month in lieu of sure shot tips and that too on sharing basis!!! I know persons beyond Beyersspeedratings and DRF  and sincerely hope they succeed in their endevaour ..Will be really happy if punters are benifitted by their hardworks.


Some tips to avoid falling in trap of con tipsters

1)Dont agree to pay money upright..Work out some kind of plan like weekly or monthly basis where payment is made according to success of tips and for every failed tips debit two successful tips..For example if they give say 20 tips for month and 15 pass,5 fail ..pay money accordingly that is for 15-(5*2)= 5 tips...One can predetermine charge of every tip  before entering into agreement.

2)Ask them to provide their real address and bank details...most of them provide bank details of their relatives of other cities

3)Strongly question them for failed tips..On what basis he tipped it and what was the reason for its failure...if they say they got wrong info or something like that be assured you are dealing with a conman whose sole intention is to flee you.

4)Look for tipsters who are selling packages like guaranteed return of 100% returns.. suggesting a pattern of bets which would ensure minimum guaranteed returns.


RWITC new chairman is sincerely trying to reduce the tax and interlinking all the totes..if that happens then Internet betting of races on lines of share trading is not far way...Dividends will be attractive..

If that happens we may witness new crop of tipsters emerging who may offer various services like tipping,betting and ,managing funds.Some may even try to pool up money from different persons and pay dividends after deducting their commission accordingly.