If you know very little about horse racing, or if you currently have a very busy lifestyle with little time to spare each day, then it is best to start your racing portfolio by using tipsters. The obvious advantage is that they are doing most of the work for you. When you use a tipster you will receive their selections (usually by email or SMS) and all you need to do is place the bet. For those who don’t have the time or knowledge to obtain selections through systems or their own selections, this is the perfect way to get started.
The disadvantage is that you will usually pay a monthly fee for this service. This can increase your overheads and your startup costs. The other thing to consider is that, despite their claims, many tipsters are not actually very good! A bad tipster can lose you money on your bets and still charge you a fee for the privilege. So obviously if you are going down this route, you need to be certain that you are choosing a tipster that is genuinely profitable in the long term.
Fortunately there are services that can help with this. There are several tipster proofing websites whose job it is to verify a tipster’s selections. They will give you vital information such as the number of bets made, the success rate, and the overall profit made.
Never join a tipster if they cannot supply independent proof of their results. Whatever they claim, whatever they offer – don’t do it. It could end up costing you thousands in the long run.