The BSP Tipster is a brand new service which has been launched by the Betting Gods stable of tipsters in conjunction with one of their tipsters, Gary. It aims to produce a consistent profit to Betfair Start Price.
Introduction to The BSP Tipster
Bookies ban winning bettors. It is an unfortunate truth and ethically, it is a load of crap for them to be able to do so. You might see Gamble Aware anywhere related to bookies, but you certainly won’t see them not taking an addicts money if he keeps making bad bets. Eat into the profit and loss however, and nobody wants to do business with you.
Hypocritical comes to mind. When this inevitably happens, most bettors will turn to betting exchanges where the earning potential is essentially unlimited. Unfortunately, I know that a lot of tipsters rely on getting odds from bookies, so when a tipster came up through a reputable platform – Betting Gods – that bets exclusively through Betfair, you can guarantee I was interested.
Enter The BSP Tipster. With some decent initial results, this could well be the answer for a lot of punters who are currently restricted. There is however a very reasonable question of whether or not The BSP Tipster is actually any good.
What Does The BSP Tipster Offer?
First things first, those of you who enjoy betting day in and day out are only going to be disappointed. Whilst Betting Gods acknowledge that The BSP Tipster does in fact send out bets Monday through to Sunday, you aren’t necessarily going to get bets every day of the week.
One the days when bets are available, they are sent out via email as well as being uploaded to both a members area on the Betting Gods website, and on the Betting Gods app. On the days where The BSP Tipster doesn’t have bets, you will also be notified of this fact.
Moving on to the bets themselves, these are a combination of win and each way bets on offer according to Betting Gods.
Looking at the bets in the proofing for The BSP Tipster to date, there doesn’t appear to have been any each way bets however I don’t disbelieve Betting Gods. Moving onto the volume of bets that you can expect from The BSP Tipster, each month averages out at between 40 and 50 bets, however these can be very spread out.
The BSP Tipster doe have a staking plan in place which is nice to see. When bets are advised, you receive details of how much you should stake. These range all the way from 1 point up to 5 points on a given bet.
There are a few things to note here however. In the proofing from Betting Gods, by and large, most bets are backed to 2 points. The 5 point bets are exclusively reserved for much shorter odds and to date, The BSP Tipster has had just 2 losing examples of the highest stake. With a 100 point betting bank, this allows for a decent amount of leeway.
Finally, I want to talk about the strike rate for The BSP Tipster.
This stands at 27.89% according to Betting Gods. Now I will admit that this doesn’t necessarily sound like a hugely impressive number. It is important to keep in mind however that The BSP Tipster involves betting on massively varied odds.
This inevitably means a decent amount of longer shots and honestly, there are a fair amount of these when you look through Betting Gods’s proofing. As such, I think that this is a very respectable number or The BSP Tipster to have achieved, albeit over a relatively short period of time.
How Does The BSP Tipster Work?
As is the case with all products from within the Betting Gods group, we are rather unfortunately given no insight into what the selection process really entails. This is undoubtedly disappointing, however there are some mitigating factors at play here.
The main one is that Gary, the tipster who is ultimately behind The BSP Tipster has had a foray through Betting Gods before. The Bookies Enemy is a long standing service on the platform with over a year of consistent profits and 452.68 points of profit in that time and a monthly average of 30 points. Given Gary’s success here, I can see little reason why The BSP Tipster cannot also be successful.
Building on this, Darren of Betting Gods has a reputation of not keeping around products that don’t perform. In fact, by and large, he just doesn’t tend to let them get to market. This means that you won’t typically see many services from Betting Gods being closed. The act that The BSP Tipster has gotten this far only bodes well.
What is the Initial Investment?
If you want to sign up for The BSP Tipster, there are a few different options. The first of these is a quarterly subscription which is priced at £79. Alternatively, you can sign up or The BSP Tipster on a Bi-Annual basis at a cost of £149.
Finally, there is an annual subscription which is priced at £249. Whichever option you go for you first 7 days are just £7 before the full subscription price is charged. As is the case with all Betting Gods products, The BSP Tipster also comes with a full 30 day money back guarantee.
What is the Rate of Return?
Since it launched, The BSP Tipster has produced at profit of £628.84 to £10 stakes. This means a points profit of 62.88 points, a respectable enough number really. This has worked out at 12.25 points of profit per month over 5 months.
It also means an ROI of 17.22%. What is important to factor in here is that it is difficult for Gary to take advantage of bookies odds with The BSP Tipster and as such, I believe that the results are very strong comparatively.
Conclusion on The BSP Tipster
I want to start by addressing what some people may well consider to be a downside, and that is the results. I am quite impressed with what The BSP Tipster has achieved if I am honest, but there are some punters out there who have massively unrealistic expectations.
Now admittedly, there are some services out there that might be producing as much as 30 points of profit per month, and that is undoubtedly more than The BSP Tipster has produced, but there are clear mitigating factors here.
The fact of the matter is this. The BSP Tipster is a tipster service which unlike most is exclusively for betting on horses to Betfair’s start price.
This has an impact on the odds in two wildly conflicting ways. First of all, as the market moves with the money, odds will always shorten on horses that are likely to win. This has a clear long term impact as lower odds inevitably mean less profit. On the flip side of this, sometimes the market goes the other way and you can get much better odds. The point here however is that there isn’t the consistency that comes with a more straightforward tipster service.
For my money, anything more than 10 points per month isn’t bad going at all, so long as it is consistent. Now this brings me to a dip which The BSP Tipster has encountered. There doesn’t seem to be any real reason for this, but I think that it has been recovered from pretty quickly.
The fact of the matter is that Gary has maintained The Bookies Enemy as a rock, and I can’t see why The BSP Tipster should be any different moving forward.
The fact that you can only sign up to The BSP Tipster on a quarterly basis will no doubt be a problem for some people, but for those people I would perhaps recommend giving The BSP Tipster a little longer to establish itself. The fact of the matter is that this is a very new service and there will be teething errors. Especially with a service that takes such an unorthodox approach to betting.
For me, I see The BSP Tipster as potentially having bags of potential.
Is it quite “there” yet. There are arguments to be made for and against. What does need to be applauded however is the fact that The BSP Tipster is one of the more ambitious things I have looked at recently.
It has also shown signs of getting off to a reasonable start. With that in mind, The BSP Tipster is worth some serious consideration in my book.