Relaunching Tyson Tips. We're open.
Tyson Tips is being relaunched as a stock tip picking newsletter club.
That’s right and before I talk about:
How this came about
Hello Equities
A good hiding
Tyson Tips for equities
Market beating returns. Profit. Fun.
What that means for you
I’d like to thank all of you for sticking with me and for your patience, especially those paid subscribers (which were virtually all of you!) for holding out for the relaunch of Tyson Tips.
How this came about
As all of you will know we were having a good profitable run with our sport tips recommendations as tracked by our spreadsheet with an all time return on investment (ROI) of 25% from a strike rate (measuring how often our bets came off) of 43%.
Unfortunately, as mentioned in my last post, with the success I was enjoying, the odds being offered to me started worsening and eventually my betfair account was suspended.
Naturally, a period of reflection ensued with questions:
How scalable is sports betting when you’re succeeding?
Not very it seems. Yes I could have placed all of my bets via the Betfair Exchange and kept my account open. However, I used the main sports product for speed because it was much quicker for me to place bets and also compare the odds against other bookmakers.
What have I learned from sports betting about probability?
The great thing about sports, as in life, is that you realise very quickly that literally anything, and absolutely anything can happen.