Affiliate Tipsters That Make Money When You Lose Bets
Sports betting scams. The sports betting world is a legitimate industry, and most of the sports-books are licensed and respected among the bettors. Nevertheless, the internet is full of people that will do anything to take advantage of those less experienced or naive people that want to make easy money.
There is no difference between the recreational bettor and professional shark. As all of the bettors in the world can become targets by the scammers. Our articles will try to familiarize you with the most common sports betting scams. That way, you will be able to protect yourself from scammers.
How to spot the difference between regular and affiliate tipster
The times when you needed to lurk around betting portals and chat groups to find a decent tipster to follow are behind us.
With the rise of social networks, old-fashioned forums slowly became the thing of the past! And many tipsters moved their business to the social networks Facebook, Tweeter, and, most recently, Instagram.
And with the progress of the internet, the sports betting world continued to evolve. Sadly, the scammers on the internet also continued to evolve, and nowadays, it is extremely hard to find honest and profitable social network tipster that is willing to share his bets for free. If you are having a problem finding one of those, read our article “How to Choose Honest Handicapper?” and learn some useful tips.
How Affiliate Tipsters Make Money?
There is one thing in common that all affiliate tipsters have. Every single of these accounts is very flashy, and many of them have 60-70k followers, which is a remarkable number for betting tipster industry.
Except for specific visual looks, most of these accounts are very loud when they win and very apologetic when they lose. So you can expect a lot of “BOOM,” “BOSH,” and “$$$” announcements with a lot of money related emojis.
With such aggressive self-promotion, they are trying to lure new customers to sign at a specific sportsbook through their affiliate links.
The ultimate goal of any affiliate tipster on the web is to get as many followers of their picks. As they can and those followers to register at a specific sportsbook via their affiliate link.
If they manage to do that, every time you lose money on their pick, they will win money from affiliate deals with the sportsbooks.
These affiliate account usually get around 30% of the “revenue” from the customer’s account, or if you want to hear it in simple terms, 30% of your losses go to them.
How Industry Looks at Affiliate Accounts
Affiliated tipsters and affiliated accounts sit in the grey legal area at the moment. Also, tipsters on social media are the wild bunch, who pick several tips per day and advise followers to spend money on those shady picks.
None of them advise their customers to any form of bankroll management or explain their betting strategies. Day after day, they pick, they lose, and after that, they chase the losses. Many of them are showing the signs of gambling addiction, and major sportsbooks currently sit on the bench and let this charade going on.
Conclusion
Affiliate accounts that are connected with major sportsbooks are the cancer of the betting community. Many young and inexperienced gamblers can be tricked into signing with a specific sportsbook. And be forced to lose serious amounts of money, and that is unethical.
Gambling should be fun, and sometimes profitable. But with affiliate accounts, you won’t see any profit, which kills all the fun.
FAQ
A betting tipster is a person or several persons behind the nickname who regularly provides free (or paid) tips on the outcomes of various sporting events on the internet. Those picks are shared via social networks or email.
There are several reasons why professional bettors sell their picks to other people, but the most simple reason is to make extra profit. There is a high demand for quality picks, and people are desperate to make money from sports betting.
The straightforward answer to this question is YES! There were many fixed matches in professional sport in the history of sports, and there are proofs for that. But is there a fixed match every week, or every few days? Well, no. Fixed match scam is one of the most used scams in the sports betting industry. If you want to know more, read this article.