4. Don't follow tipsters
If you want to make money on sports
If you were to take a hundred monkeys and let them pick 1000 odds completely randomly, probability dictates that a few of them will make a profit. This fact is abused by the tipster sites.
The few profitable tipsters move up the highscore list, until they reach a couple of thousand bets and the law of large numbers slowly wipe out their profits. They disappear, and another "profitable" tipster with a hundred picks takes their place.
Statistical analysis of 1 million bets on Pyckio (arguably the most professional tipster service today) resulted in an average loss of 2.17% for every euro invested.






