betting
Insider bets
At some point or other in our betting lives we have all had an insider tip from someone 'in the know'. A friend of a friend who works at the local stables, a guy in a bar who knows the dad of one of the players in your local team or somebody who overheard a conversation in a swanky restaurant.
We've all then raced to the nearest bookmakers or internet cafe to get a bet (sometimes referred to as insider bets) on the said inside info quietly knowing that it could be a load of rubbish but too scared that it might come in and not wanting to miss out.
The first trick is to decipher the ramblings of a crazed old man from those of a genuine person in the know. However, that is not such an easy task. The crazy old men do not come to you wearing sandwich boards inscribed 'mentally disturbed' nor do the people in the know come with clipboards and briefcases.
Frequency and time are your greatest friends here, if the same person gives you an inside tip every day then it is most probable that it is nothing more than something they picked up on a website somewhere. More importantly, over time you should be able to judge a person who is genuinely in the know, don't be put off by one or two unlucky losses but look out for a pattern of regular winners.
Secondly, take into account the size of the event. If it is the Champions League Final or Super Bowl XLIV there will be no insider info, however if it is a game being played in the Scottish Third Division or the 2:30 at Fakenham on a Tuesday afternoon then maybe it is time to sit up and listen.
Insider bets - pitfalls
Take for example the biggest horse race in the world, the Grand National. Of a field of 30+ horses you will undoubtedly receive tips for five, six, seven or more horses from newspapers, friends or people 'in the know'. But the fact of the matter is that every horse running has been primed for this race and every stable will have a horse who they think stands a good chance of winning, simply there is no inside info to be had.
On the other hand news of a group of players of an English Conference team being out at a stag party the night before a match may prove to be beneficial. The sort of thing that a guy down the pub might have seen yet the bookies might not have picked up on.
In summary you should always be wary of an 'insider tip', take it for what it is; a piece of additional information. Use it in the same way you would use any other bits of information that you obtain from analysing form, injury news, etc. And above all else judge the credibility of the person that has given you the information.
We hope you have found this BettingExpert article useful. Good luck betting!
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