| Contents What is a Tipster? What is Tip Exchange? Why Subscribe to a Tip Exchange Tipster How to find a Tipster Tip Exchange Profit Explanation Tip Exchange Icons Explanation Tip Exchange Search Page Tip Exchange Elite League Tip Exchange Custom Tables Tip Exchange Award Winners Table Tip Exchange Free Tips Table Tip Exchange Tipster Ratings Table Tipster Home Page Tipster Blog Page Tipster Tips Page Tipster Results Page Tipster Subscribe Page Tipster Statistics Page Tipster Reviews Page Tipster RSS Page Tipster Contact Page Tipster Account Home Page Tip Exchange Account Inbox Page Tipster Account Tips Page Tipster Account Blog Page Tipster Account Subscribers Page Tipster Account Statement Page Tip Exchange Account Notebook Page Tipster Account Upgrade Page Tipster Account Settings Page Punter Account Home Page Punter Account Portfolio Page Punter Account Tips Page Punter Account Statement Page Punter Account Settings Page
What is a Tipster?A Tipster is a person that offers information to be used for sports betting purposes. top
What is Tip Exchange?Tip Exchange is a community of Tipsters that allows users to buy and sell sporting information online. To sell information, a Tipster would open an account with Tip Exchange. They would then be able to upload their tips to their account before 11am on the day of the event. Users can then search through all the Tipsters using the criteria they feel important and then choose to add the service they feel suits them best to their portfolio. The tips are provided to the subscriber in the form of emails, RSS and via their portfolio. Once the tips have been published, the Tipster is unable to modify them, therefore protecting the integrity of their service. top
Why Subscribe to a Tip Exchange TipsterMany of us have used Tipsters in the past with varying degrees of success. One of the big problems is trusting the integrity of their claims. Tip Exchange solves this problem by preventing Tipsters from modifying their information after the tips have been published. Therefore you can trust the past results of these Tipsters. The Tipsters are listed in a league table based on their profits or any criteria you feel are important. Each Tipster is subject to the same rules for calculating profits. Profit is calculated at sensible and realistic prices including commissions where necessary and every single tip is included in their results. Subscription to a Tipster is on a monthly basis only and is not recurring, so you will not be charged if you do not want to continue your subscription. top
How to find a TipsterTip Exchange has many sports Tipsters. So which should you add to
your portfolio? Every day we create a table of Elite Tipsters from all sports and display this table on our home page. We also create five further sport specific tables on a daily basis, to help you search for Tipsters to add to your portfolio. 1. Elite League 2. Custom Tables 3. Award Winners 4. Best Free Tips 5. Tipster Ratings
Tip Exchange Profit ExplanationFrom January 1st 2010, Tip Exchange uses Betfair SP to record horse racing prices from Betfair markets. Should Betfair fail to publish their SP's for any markets then we will use our previous recording mechanism as described below: Prior to this, Tip Exchange had access to real Betfair prices and calculated profits for all bets against these prices. Odds for Tips posted prior to this date are derived from the returned SP for Horse Racing and Bookmakers prices for Football tips. Those users that use Betfair regularly will know that the price can vary greatly leading up to the start of an event. In order for Tip Exchange to record a fair price for each tip, we take a price at two separate intervals within the final ten minutes leading up to start of the event. We then use the average of these two prices as the recorded odds for the selection. Note that Betfair does not offer Each Way betting and so we continue to use the traditional SP for these types of bets. The profit is calculated for each selection as follows:
Tip Exchange Icons Explanation
Tip Exchange Search PageThe Tip Exchange Search facility allows you to use text to search for a Tipster or blog. The results are separated into two groups. The first group is the Tipsters that match your search term and the second group lists any blogs that match your search term. The Tipster group lists more than just the Tipsters name. It also includes an icon to indicate the Tipsters sport, the date of their last tip and a list of their results from the previous day's events. In addition there are links that allow you to view their latest tips, contact them, view their statistics, subscribe to their service or RSS feed or add them to your Watchlist. By clicking on their name you can visit their home page. The blog group lists the title of each blog, the author and date of publication. You can click on the title to view the full blog. top
Tip Exchange Elite LeagueTip Exchange has created the Elite League to help you search through the many Tipsters on our site. Tipsters must meet a set number of criteria in order to be eligible for the Elite League. The criteria have been chosen by Tip Exchange based on feedback from our users regarding the features Punters look for when choosing a tipping service.
The criteria required for a Tipster to be eligible for the Elite League are outlined below:
Tip Exchange Custom TablesTip Exchange allows you to create custom league tables based on
the criteria you feel are important. Using the form, select the staking mechanism, bet
types and the period for the bets that you wish to compare and click 'Show Table'.
You can further filter the results returned using the form, to only include those
Tipsters you consider important. You can then sort the table against any column you wish
by clicking on the column heading.
Tip Exchange Award Winners TableTip Exchange awards Tipsters for successful periods of tipping. Tipsters can be awarded for finishing in the top 3 for each weekly period or each monthly period.
To help show which Tipsters have won the most awards we have allocated points to each award as shown below:
The resulting table shows the top 20 Tipsters based on the total points they have earned from the awards that they have won. top
Tip Exchange Free Tips TableTip Exchange has many Tipsters that are free or offer a free trial.
This table allows you to create custom league tables based on the criteria you feel are
important but only includes Tipsters that are either free or offer a free trial. Using the
form select the staking mechanism, bet types and the period for the bets that you wish to compare and click 'Show Table'. You can further filter the results returned using the form, to only include those Tipsters you consider important. You can then sort the table against any column you wish by clicking on the column heading.
Tip Exchange Tipster Ratings TableTip Exchange allows Punters to rate the Tipster services that
they use. The Tipster Ratings table is a summary of the ratings that Tipsters have
received from their own subscribers.
Tipster Home PageThe Tipster home page provides a summary of the Tipsters service and also links to access further information. The page has six sections:
Tipster Blog PageThe Tipster blog page allows you to view all of the blogs that the Tipster
has posted for the current month. You can also view previous blogs by viewing the archives
that are listed on the right hand side.
Tipster Tips PageThe Tipster Tips page displays all of the tips for the day's action. A link accompanies
each tip that, when clicked, will take you directly to the relevant Betfair betting market in
order for you to place you bet easily.
Tipster Results PageThis is probably the most important section for someone who is looking for a reliable Tipster. These results are complete and accurate and are updated every day using the Tipster's recommended stakes. The Tipster is unable to modify these in any way. The results are broken down into monthly sections and by clicking on a month you can see each individual bet recommended along with the result, the odds and a running total of profit. The strike rate shown in the table shows the percentage of bets that the Tipster won. By clicking on the Profit Explanation link you can see how the profit is calculated. By clicking on the month of your choice you can investigate each individual selection made by the Tipster in that month. The table shows the date, time, event and selection for each tip. In addition it shows the type of bet being recommended. The different types of bets are as follows: Back. This is the traditional type of bet that Punters would place with a bookmaker. Should the selection win, the Punter wins the stake multiplied by the odds of the selection. If the selection loses then the Punter loses the stake. Lay TW (Lay To Win). Lay To Win Stake means that the Punter uses a betting exchange to bet a selection will lose. This particular bet means that the stake specified is the amount the Punter would WIN should the selection not win their event. If the selection does win the event then the Punter would lose the stake multiplied by the odds of the selection. Lay TR (Lay To Risk). Lay To Risk Stake is similar to Lay To Win in that the Punter uses a betting exchange to bet a selection will lose. The difference is that this particular bet means that the stake specified is the amount the Punter would LOSE should the selection win the event. If the selection does not win the event then the Punter would win the stake divided by the odds of the selection. EW (Each Way). (Horse Racing Only) This is the traditional type of each way bet that Punters can place with a bookmaker. There are two parts to the bet, one part to win and one part to place. Should the selection finish first, the Punter wins both parts of the bet. If the selection finishes in the places then the place part of the bet is won but the win part is lost. If the selection loses then the Punter loses the stake for both parts of the bet. The stake for the bet represents the stake for each part of the bet, so 1pt EW means 1pt to win and 1pt to place, hence you are risking 2pts. Place Only. (Horse Racing Only) This allows Punters to bet that a selection will finish in the declared places using the betting exchange Place markets. If the selection finishes in the declared places then the Punter wins the stake multiplied by the odds of the selection. If the selection does not finish in the places then the Punter loses the stake. Place Lay TW. (Horse Racing Only) Place Lay To Win Stake means that the Punter uses the betting exchange place markets to bet a selection will not finish in the declared places. This particular bet means that the stake specified is the amount the Punter would WIN should the selection not finish in the places. If the selection does finish in the places then the Punter would lose the stake multiplied by the odds of the selection. Place Lay TR. (Horse Racing Only) Place Lay To Risk Stake is similar to Place Lay To Win in that the Punter uses the betting exchange place markets to bet a selection will not finish in the declared places. The difference is that this particular bet means that the stake specified is the amount the Punter would LOSE should the selection finish in the places. If the selection does not finish in the places then the Punter would win the stake divided by the odds of the selection. In addition to the bet type, the Tipster's recommended stake is also shown. This can vary between 1 and 10 points (pts). A point represents a unit of betting which can be £1 or £100 or even more depending on your level of staking. Also shown on the results table is the outcome of the bet, profit and a running total of profit for the month. The outcome of the bet can be Won, Lost or Place. This represents the result of the race. The result of the bet is highlighted by the colour of the word, green means a winning bet and red means a losing bet. For example, if a Tipster Lays a selection and that selection wins, the outcome will be displayed as 'Won' as the selection won but the text will be in red as the bet lost. Place outcomes are shown should a selection finish in the places for an each way selection. The profit is calculated for each individual selection based on the outcome. top
Tipster Subscribe PageThe Tipsters subscribe page allows a user to subscribe to the
service. There are three ways in which you can join and they depend on the service offered
by the Tipster.
Tipster Statistics PageThe Tipster Statistics page contains a wealth of information about
the Tipster service. Each statistic is described below:
Tipster Reviews PageThe Tipster Reviews Page allows subscribers of a service to give a rating for the
service they have received. This should not concentrate on the profit made but the peripheral
aspects of the service such as the responsiveness to correspondence, the quality and content
of the tips messages and blogs.
Tipster RSS PageRSS is known as "Really Simple Syndication" and is a Web feed format used to publish frequently updated content such as blog entries, news headlines or podcasts directly to you. A Tip Exchange "feed", contains a summary of a blog post or notification of posted tips from your Tipster. It makes it possible for you to keep up with your favorite Tipster in an automated manner that's easier than checking them manually. RSS content can be read using software called an "RSS reader". The user subscribes to a feed by entering the feed's link into the reader or by clicking an RSS icon in a browser that initiates the subscription process. The reader checks the user's subscribed feeds regularly for new content, downloading any updates that it finds. Try http://www.rssreader.com/ for a free reader. To subscribe to the Tipsters RSS feed then enter the link at the bottom of the page into your RSS Reader. top
Tipster Contact PageThe Tipster Contact page allows you to send a message to the Tipster. The message will be received in their Tipster account and their response will be sent back to the inbox of your Punter account. top
Tipster Account Home PageThe Tipster Account Home page gives a summary and status of the
Tipsters service. There are eight sections to the page each within a headed box.
Tip Exchange Account Inbox PageThe inbox will list all messages you have received from other Tip Exchange users. You can view those that you have sent by clicking on the 'Show Sent Messages' link.
Tipster Account Tips PageThe Tipsters Tips page is the most important page that the Tipster will use.
It is the page that the Tipster will use to add their sports tips for the current days events.
Tipster Account Blog PageThe Tipster Blog allows you to post regular articles
regarding your results, your service, your sport, or about anything really
(except your tips as the blog is free to view!). Simply click on the 'Post New Blog'
button, add a title, blog content and click 'Publish'. Users can view your blog via your mini
site and those that have your service in the portfolio will automatically receive the blog in their
Punter account home page. Users can also subscribe to your blog via RSS and occasionally
your article may appear on the Tip Exchange home page giving your service more exposure.
You have the ability to publish, edit and delete existing blogs and you can view previous
blogs by viewing the archives that are listed on the right hand side.
Tipster Account Subscribers PageThe subscriber's page shows all current subscribers to your service including those on a free trial. They are listed along with their payment amount and expiry date. You can send a message to the subscriber by clicking on their name. top
Tipster Account Statement PageThe statement shows all payments made to you including the date, amount and total subscribers for the period. It also shows your current commission rate, next payment date and estimated payment amount for your next payment. Highlighted payments are estimations of future payments to give an idea of when and how much your payments will be. Click on the date to see details of the payment. The details of each payment will show the subscriptions that have been included in your payment. top
Tip Exchange Account Notebook PageThe Notebook is a useful tool that allows you to track certain horses. If you wish to follow a certain horse then you can add it to your notebook and the day before it is due to race we will send you an email informing you of the course and time of the race. If you wish to remove a horse from your notebook you can simply click on its name and it will be removed. To add a horse, enter the name of the horse in the search field below the notebook and click 'Search'. The results will be displayed below the search field. To add the horse to your notebook, click on the name of the horse. Should the horse you require not exist in our list then please email us and we will be glad to add it. top
Tipster Account Upgrade PageThe Upgrade page performs an assessment of your service and provides information about the financial implications of upgrading your account. The page shows you the current account type, the amount of paying subscribers, your current price, and commission and uses this information to calculate the potential profit over the next twelve months. The calculation below is an example of a service with 35 subscribers paying £30 per month: 35 * 30 * 12 = £12600.00 -> (35 subscribers, £30 per month, 12 months) £12600.00 – 35% = £8190.00 -> minus commission £8190 - £20 = £8170.00 -> minus Annual Fee The same calculation is applied to both the Silver and Gold accounts in order to see which subscription level would produce the best return for you. The potential profit is an estimation of profit for the forthcoming year. It assumes that the current price, commission and paying subscribers remain constant for that period of time. The result is the net profit after all fees and commissions. Note: The upgrade cost appears lower than the actual cost because any remaining time at the current level is included in the price. Should you wish to upgrade to either the Silver or Gold accounts then click on the 'Upgrade Now' link and you will be transferred to the payment page summarising your upgrade. You can then click on the PayPal button where you will be transferred to PayPal's secure site to complete the transaction. If you decide that you are better off remaining at your current level and wish to extend for another year then click on the ‘Extend’ link next to your account type. The Extend page shows the subscription level, how much it will cost and when your new expiry date will be. By clicking on the PayPal button you will be transferred to their secure site to complete the transaction. top
Tipster Account Settings PageThe Settings page contains your Tipster service details. Clicking on the ‘modify’ button next to the setting allows you to change that detail. This page allows you to change the price, trial period and welcome message for your service. In addition it allows you to upgrade or extend your account. top
Punter Account Home PageThe Punter Account Home page gives a summary and status of the
Tipsters that you have in your portfolio. There are five sections to the page each within a headed box.
Punter Account Portfolio PageYour portfolio lists all your active subscriptions, trials and any Tipsters that you wish to keep an eye on. The darker shaded Tipsters are those that are either trials or subscriptions and the lighter shaded Tipsters are those that you are watching. When you are watching a Tipster you can not see their daily tips. For each Tipster in your portfolio there are icons that when clicked will take you to the Tipsters mini-site. There is an icon to contact them, subscribe to there service, view their statistics or subscribe to their RSS feed. There is also a link to remove them from your portfolio. You can also see yesterday's results for the Tipster by clicking on the plus icon before their name. top
Punter Account Tips PageYour Tips page lists all the tips for those Tipsters with whom you have an active subscriptions or trial. Each Tipster is list with the number of Tips that they have posted for the day. These tips will be available after 11am. You can view each tip individually by clicking on the plus icon before the Tipsters name. This will display each individual tip along with a Betfair link to the relevant betting market. top
Punter Account Statement PageThis statement shows all the subscriptions you have purchased on Tip Exchange. For each paid subscription it will show the date of purchase, the Tipsters name, payment amount and expiry date for the Tipster. top
Punter Account Settings PageThe Settings Page allows you to view and modify details of your account. This page contains your personal details. Clicking on the ‘modify’ button next to an entry allows you to change that value. top |
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