Get paid for your bets

Big news today, as it is now possible for all you Bettin.gs Pro subscribers to charge for other people to see your bets. Here’s how it works.

1. Choose how much you want to charge for your bets on your Settings page

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2. When registering your next bet, check the “Charge X to see bet…” checkbox.

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3. As someone wants to see the bet, he is asked to pay for the bet via PayPal. Most of the times he can choose to pay for the bet, a package per bet or for a subscription (depending on the value of the bet). As the payment has been made he has access to the full details, as usual.

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4. Bettin.gs will send you your part of the payment (75%!) as soon as you have reached a certain level.

Please read the terms available on your Settings page.

This is the absolute easiest and most lucrative way to get paid for your bets online today. Feel free to try it out today and if you have any questions whatsoever, just let us know and we’ll listen.

Cheers, and good luck!

Thought on Cashing Out

I’m sure you’ve all seen or used the option to ”cash out” before the event you’re betting on is over. It’s a very convenient way for you to secure a profit or reduce your losses and calm your nerves at the same time. It’s all good, right?

No!

What’s happening is that the bookies are using your insecurity to increase their margins even more. It’s actually one of the smartest things the bookies have come up with in a pretty long time.

How do they do this? 

Most of the time, someone making a bet with the bookies are betting on very small margins and, as you know, most of the time the odds are in the bookies favour. Now, as they are able to offer you another bet, you can be sure that the odds they’re offering you to use for ”cash out” aren’t even close to the true odds for the market at the time, and so the potential margin you once had on the bookmaker is most definitely gone.

So what to do?

What you should do is treat the market you’re betting on the same way as you did before it went live. You wouldn’t dream of placing a bet without comparing different bookmakers odds before the game, so why would you do that during the game even if there’s a big green flashing button with definitive winning sums written all over it?

If you must bet against your initial bet (which is actually what’s happening), shop around to find the best price, or better yet, if you’re using exchanges, lay the bet at the price you think it’s worth to give yourself a fair chance and fair odds.

Don’t fall into the trap and let one bookmaker dictate the odds for you for the sake of simplicity. Make sure you get the correct value by playing them against each other, or use betting exchanges like Betfair or Smarkets to make sure you get the odds you want and deserve!

Advanced stats filters

As you’re using Bettin.gs you’ll probably notice the value of tags. We’ve written about the advantages of using it before, and now it’s just gotten even better.

Let’s for example assume that you’re using one tag for all bets you place in a country, say Russia, and another one for all football bets you place in Premier League. The #russia tag would represent all bets in all sports in Russia and #premierleague would represent all bets placed in the Premier League – that could mean English Premier League as well as the Russian.

Now you can select to filter out all placed in Russian events which would include all sports (unless you’ve used the Sport filter) having that precise tag. Adding the #premierleague tag would filter out all bets in the Russian Premier League and should you use only the #premierleague tag, naturally all bets from both Russian and English Premier League would be shown.

Combining this and the other available filters provides the perfect mechanism to find the exact stats you’re looking for.

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Another example: Using tags, you can select to filter out all tennis bets ever placed, or you can filter down on all tennis bets you’ve placed on #WTA tour, the #ATP tour or for all #doubles. Should you want to know how a certain tipster performs on #singles vs #doubles, just apply the approprate filter and select the tipster from The Tipster drop-down. To know how your bets went in the latest Tennis mens tournament in China, filter on #ATP, #china and #singles together with the Sport and Date filter.

I’m sure you get the point, and you probably have your very own way of organising your bets into categories. With this latest update it will be even more powerful to apply to your stats!

We are sure you all will find your own way of using this. As always, shoud there be any questions, just hit us with them.

Good luck, and enjoy!

Why you should keep track of your bets

If you’re a serious tipster, I’m sure you have a thought out strategy, an idea about if your losing or winning and what your strengths and weaknesses are. You probably have an idea of how how your money is spread at different bookmakers and what bookies are giving you the most in return.

But how do you really know?

There are many ways to keep track of your bets, be it in your memory, an old notebook or a complex Excel sheet – either way, if you really want to get better at sports betting, you really should keep track of at least the following:

  • How much have I won/lost?
  • What kind of bets am I making the most money from?
  • What sports have been most successful?
  • What leagues have been most successful?
  • What tipsters should I keep backing?
  • At what time am I making the most money?

Far, far from all tipsters are making money for real (the famous 3%), so make sure you are among those who do! Keeping track of your bets helps you understand why you are winning or losing.

There is only one way to improve in sports betting, and that is to learn from your, and others, history and to learn from history, you need to know it. Bettin.gs is here to help you learn from your and other tipsters bets so that we all can win more and make more money.

If you want to read what other tipsters have to say about this topic, check out these blog posts:

New feature: Copy a bet

There’s lots of bets going around at Bettin.gs, and once in a while you might stumble upon a bet that looks so good you wish you had placed it yourself. Right?

Chances are that you’ve also found a few tipsters to follow more closely to keep up with all of their bets and maybe back one of them every now and then.

At those moments, don’t you wish you could just use that bet with all the data without having to filling it all in again?

Well, happy days – now you can! On the bet page there’s now a Copy function that makes a new bet based on the information in that bet.

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It’ll be a carbon copy of the bet, with the Tipster alias added to give the tipster some credit and to be able to get stats based on all the users you choose to back – because you do want to know who is performing the best, don’t you?

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Note that it doesn’t have to be a Bettin.gs user in in that field, you can enter blog names or websites that you follow if that’s what you want to track.

More stats
The stats pages have been updated with a new section – Tipsters.  Here you can see how your backed tipsters are performing lately and over time. Everything possible to filter down on your tags as usual of course, so you can see how they perform within each tag like #football, #over, #parlays, #2014 or whatever you choose to use (or combined of course).

This section is available for pro users, starting today!

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Head on over to Bettin.gs to see this latest feature. As always, just let us know if there’s anything you need. Happy betting!

New feature: Better overview of your money

The latest Bettin.gs feature makes it easier for you to know where your money’s at. Simply by saying where you place your bets and how much money you have at each bookmaker, Bettin.gs helps you keeping you in control of your balance at each bookie.

All you need to do is to add your bookies in the list on the Settings page. Bettin.gs takes care of the rest. The next time a bet is settled, the balance at the bookie is updated with updated numbers and info. You can edit this manually whenever you like, of course, and you can add as many bookies as you like.

This is how it could look:

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With this update, it’s also getting easier selecting bookie when registering a bet. Try it out and you’ll see!

Enjoy this latest feature, and as always – if you have any questions, we’re always available on Twitter, Facebook, Google+ or email. Cheers!