Looking for good tipsters? Type ‘horse racing tips’ and you’ll be bombarded by offerings promising impossible riches. Our advice is to tread carefully.
Who are the best racing tipsters?
Few tipsters who advertise their betting strategies online are worth following. One, however, who should automatically be on your list is Hugh Taylor, who writes a column with two or three selections most days on the At The Races website.
Let’s start by showing you his annual profit for the past 11 years on advised selections. We think you’ll agree this is an impressive return with no losing years at all. Few can come close to this performance…
|Year||Points Profit (explained below)|
What does points profit mean? Essentially, if you followed every single one of Taylor’s selections at suggested stakes and at the price advertised in every calendar year, you would get the returns demonstrated.
In other words, if Taylor says back Horse X for a stake of one point win only at 10/1 and Horse Y for a stake of half a point at 20/1 each-way and you do exactly what he says every time he posts his column then you will make the profits advertised.
A ‘point’ is whatever stake you are comfortable with. It could be £1, £10 or £100. If you can afford to stake £10 a point then in 2014 you would have ended up with a profit of 10 x 200 = £2,000.
Should I back all of Hugh Taylor’s picks?
We’re not stopping you, and the reason Taylor’s selections work well from a BetConnect point of view is that he posts them soon after 9am and he will tend to give warning to his followers with a tweet from his @HughRacing Twitter account along these lines:
‘1st selection (1pt) online next 5 mins, another to follow’ with an embedded link to the At The Races tips page. Half an hour later, you’ll see this: ‘2nd & final selection (1pt) online next 5 mins’.
The key is to have Twitter notifications for Taylor switched on so you get his warning and then act quickly once you see his selection. The main caveat is that some bookmakers will soon cut the price of his selections so you may not get the price Taylor advertises.
Which other tipsters are worth following?
Paul Kealy in the Racing Post is a high-quality, knowledgeable tipster with a fine track record of finding big-priced winners in handicaps, Andy Holding on Oddschecker is a dedicated student of the game who is also highly revered within the punting fraternity.
Both of them, like Hugh Taylor, tend to steer clear of short-priced favourites and only put up selections if they genuinely think there is good value in the price. Nobody got rich by exclusively backing odds-on shots.
You should expect the majority of the bets to be losers. It’s essential that, when following these tipsters, you do so as a long-term strategy. If you have 10 losers followed by the 11th horse winning at 16/1 and you’ve had a tenner on all 11 your profit is £60. If you give up after the 10th loser you’re down £100.
Should I pay for horse racing tips?
The general advice here is no. Taylor and Holding’s tips are free and look how well they do! Paul Kealy’s advice costs you the price of a Racing Post each day which is a considerable investment – though you can cut the cost of that by getting an online subscription and pooling a group of friends to split the cost.
The tipsters to be really wary of are the ones who advertise their wares on Twitter and do so with a fake avatar, have no traction beyond their own social media circle and ask you to pay a subscription for an email service.
How do you spot scam tipsters?
Just consider how much online scamming there is in this day and age and then ask yourself how easy it is to set yourself up as a fake tipster collecting weekly subscriptions from dozens of followers in exchange for rubbish tips.
The most dangerous Twitter accounts are the poorly disguised affiliate services for high-street bookmakers. Dubious ‘tipsters’ with a suspiciously huge number of followers will put up selections while posting links that redirect to a well-known bookmaker. Steer clear of these at all costs.
You could also ask yourself why someone who boasts about being a professional, affluent punter spends so much time ingratiating himself with his social media followers.
Are any paid-for services worth the cost?
A number of professional punters use authentic services, which feature tips available on a subscription service. One of the best of these is Betting Emporium. It is not cheap, but features tips from bona fide tipsters such as Neil Channing and has an excellent record of giving out profitable advice.
If you think you’re ready to bet on horse racing then sign up for a BetConnect account now. BetConnect is the only exchange that lets you back selections at bookie odds with no restrictions, and lay the selections of other account-holders commission-free. Not sure how it works? Read this simple guide.