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Is Auto Trading The Future Of Sports Betting?

Is Auto Trading The Future Of Sports Betting? That's a question I attempt to answer in this article.

Auto trading is now employed by the website TippingSports to place a tipster’s bets for you.  You can also have your own tips placed, as well as or instead of other tipsters.

Auto trading in sports betting has been around since the early 2000s, coinciding with the rise of online betting exchanges.

It has become popular due to its ability to execute trades quickly, remove emotional decision-making, and allow 24/7 betting without constant monitoring.

TippingSports is a platform that connects bettors with tipsters and provides auto trading functionality.

Many such platforms typically require tipsters to have a proven track record before being featured.

On Tipping Sports there are complete records of all tipsters results

Tipping Sports Tipsters

BF Bot Manager uses the complete functionality of a betting bot to place bets on Betfair.

BF Bot Manager is software that allows users to create and run automated betting strategies on Betfair.

It offers more customization than simpler auto trading systems but requires more technical knowledge to use effectively.

TippingSports places bets for you without the functionality of a betting bot. For those who wish to have the bets placed for them this is an easy solution.

I signed up for the 5 day free trial to test this option and found the whole process simple, reliable and effective.

Auto Trading - How It’s Done

You will need to be a member of TippingSports which is free to join.

The process typically involves connecting your betting account to the auto trading platform and setting parameters for stake sizes and which tipsters to follow.

Decide which tipster interests you. (In my experience it is best to follow one tipster at a time). Click the follow button on the Profile of the tipster you wish to follow.

Click on your name at top right of TippingSports homepage.

Choose Automated Betting on Tips from drop down menu.

Confirm that you agree to the placing of bets for you on your Betfair account.

The tipsters you are following will appear in a list. There is an option to turn auto betting on or off.

Decide which 1 point stake value to use - the smallest stake is the Betfair standard £1.

You also have the option to enable/disable betting for any tipster on your list.

A word of advice when following a tipster. Use minimum stakes or no more than 1% of your bank until you are happy with the profitability. It is all too possible a tipster will experience a lengthy losing run and any gains could disappear.

Evaluating tipsters typically involves looking at their long-term profit/loss record, strike rate, and return on investment (ROI).

    - Tipsters often specialize in specific sports or even particular leagues or types of bets. 

A large range of Tips are offered:

Football, Horses ,Greyhounds, Hockey, Tennis, Baseball, Basketball, Rugby, Australian, rules NFL

Newmarket Racecourse

I list a few of the advantages of auto trading bet placement

1. Never miss a bet.

2. No need to check for tips - especially useful for tipsters on a different time zone e.g. Australia.

3. Full control over stakes - remember that a tipster can use a stake point range from 0.25 - 2.0 in 0.25 increments. If for example you set your 1 point value to 1 then a tip set at 2.0 points will result in the placement of a £2 bet.

4. No need to keep your pc or laptop running - the TippingSports software runs non-stop for you.

5. The results section shows the strike rate and profit/loss for each tipster’s bets.

6. Inexpensive to run at £29.95 per month - or £1 a day.

 Glossary of terms:

    - Strike rate: The percentage of bets that are winners.

    - Bank: The total amount of money set aside for betting.

    - Point value: The monetary value assigned to each betting unit.

Additional advantages include the ability to take advantage of short-lived opportunities and the potential for more consistent execution of strategies.

Is Auto Trading The Future Of Sports Betting?

Tipping Sports Goal:

Main goal of web site is to offer you following services:

• Save your tips history and prove to others that your tips are profitable
• Analyse your betting tips history
• Follow other tipsters and bet on their tips
• Automatically notify all your followers when you add new tips (via email, Telegram, Twitter, web service etc.)
• Automate betting on your tips by using betting bot or our web application

Security and responsible gambling:

   - Reputable platforms use encryption to protect user data and betting account information.

   - Many offer features like loss limits, deposit limits, and self-exclusion options to promote responsible gambling.

TippingSports bet placement works with most pc’s, laptops and phones. I did notice the display had problems on my Google Chromebook. If you do have a problem contact admin (drop down menu) and they will respond promptly.

The legality of auto trading varies by jurisdiction. In the UK, for example, it's legal but regulated by the Gambling Commission.

Conclusion:

    - Auto trading can be a powerful tool for sports bettors, but it's important to understand the risks and start cautiously.

    - Trying a free trial is a good way to test a platform before committing.

Remember, while auto trading can be appealing, it's crucial to approach it with caution and always practice responsible gambling. It's advisable to thoroughly research any platform or service before using it, especially when it involves real money.

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Above policies updated 15 March 2018