This is another classic mistake that punters make. It's such an easy thing to do and it's where I started out too.
You've already bought the paper to check out the racing so you might as well back their selections...after all they must be an expert as they're writing for a national paper, right?
Wrong.
Not only do I have severe reservations about the expertise of these journalists they have so many people who follow their tips so there's no value in them.
Historically if you'd backed every selection picked by the popular Templegate (one of the most respected paper tipsters) from the Sun you would lose around 11p for every £1 staked.
You've already bought the paper to check out the racing so you might as well back their selections...after all they must be an expert as they're writing for a national paper, right?
Wrong.
Not only do I have severe reservations about the expertise of these journalists they have so many people who follow their tips so there's no value in them.
Historically if you'd backed every selection picked by the popular Templegate (one of the most respected paper tipsters) from the Sun you would lose around 11p for every £1 staked.
So if you backed each of his selections for just £1 over the course of the year you could expect to lose over £1000. Now not many people bet only £1 per bet.
A much more likely figure is £10 in which case the losses would amount to a somewhat unnerving £10,000 a year. Hardly an insignificant amount from following a so-called expert.
No comments:
Post a Comment