In the latest SBC podcast I was joined by Richard Hayler, the Managing Director of the betting dispute organization IBAS to answer questions on his service and the many grievances punters have with bookmakers in the industry at present.
IBAS is one of the best known dispute resolution services operating in the UK and Richard came onto explain how his team helps to overview and adjudicate on the very many types of disputes that take place these days.
We explored the people that make up the adjudication panel, IBAS's funding model, case numbers and how it works from both the customer and bookmaker point of view.
Bookmakers have come in for heavy criticism in recent times especially from punters who feel letdown by the failure to tackle the increase in disputes and problems that arise these days and Richard talks frankly about this from his perspective, including how some of this is outside IBAS's remit and the need for improvement to the processes and system in place currently.
IBAS has also been regularly criticised in terms of their relationship with bookmakers and their funding model and Richard is good enough to tackle all of these concerns head on - including those from punters who have little faith in the current system.
Over this hour long interview, Richard shares plenty of insight into the current setup as per bookmaker disputes and his hopes for what might transpire in the much delayed new gambling legislation, including the potential of a new industry ombudsman.
In today's special podcast episode I was joined by my partner-in-crime Tom Brownlee to unpack all of the gory details about what took place last week regarding the bookmaker 10bet and the bets they laid on the golfer Trey Mullinax.
Having tried to move the goalposts on this bet after it won, our campaign forced them to revert back to their original 175/1 pricing just 2 days later and we explore all aspects of the market and what exactly took place. Rumors abound that it cost them up to an extra 1m in liability, so some very sizeable amounts were at play.
This issue is about more than just one bet and one bookmaking firm as it also speaks to the failure of regulation of the industry and the need for a stronger, more resourced ombudsman of some kind. It raises questions for the likes of the Gambling Commission, IBAS, The BGC and even Oddschecker.
We also talk about the impact of this behaviour on the black market and ask if punters can't trust the regulated industry, what is to stop them betting with unlicensed firms through the likes of Whatsapp, Slack or Telegram?
All told its a very deep dive into the issues in the industry at present - all of which were brought to the fore once again by how 10bet handled the bets they took on Trey Mullinax.
If you enjoy today's episode and this podcast series, please be sure to leave a review wherever you download your podcasts.
Mark has adapted and evolved his betting over the years to continually eke out a living as a punter and he shares how he does this in the modern era both with bookmakers and exchanges.
Beginning life as a punter in the late 80s, we talk about his introductions to the industry, his early years running an advisory service and why since 2008 he has been fully focused on his own personal betting and living off its rewards.
Targeting races that others avoid due to complexity, he outlines the work he puts in to find value, why he specializes more and more these days and his frustration that so much about what is published in the betting world is not correct.
We also get onto the mathematics that prove 'inside information' is a red herring these days and how he gets bets on both in today's challenging market and historically when he employed someone to do this for him.
Mark is extremely generous with not only his time but insight and expertise in this detailed conversation and it was a real pleasure to sit back and learn from one of the very best punters of the past few decades.
In this episode of the SBC Podcast, I was joined by the head of strategy at Matchbook - Jesse May, to talk about the Matchbook betting exchange.
We explore all aspects of Matchbook from the challenges of generating liquidity and operating in the competitive betting exchange marketplace through to some of the most popular and best value markets on site currently - including Football, NFL and Horse Racing.
Jesse also tackles my questions on why Matchbook had their license suspended for 7 months in 2020 and he also outlined the changes that have taken place since then and why punters can now trust them as a safe and secure place to bet.
We also get into commission structures, affordability checks and how they are navigating the current betting landscape plus their desire to make Matchbook the place to visit for smart betting content - as witnessed by some of the excellent podcast and video content they publish.
Outside of Matchbook, Jesse also shares stories based on his 30 years working in betting including his time as a poker player and commentator on Late Night Poker!
In this special episode I was joined by experienced bettor, Rowan Day to discuss the results from his tipster portfolio as achieved over the past 12 months.
Rowan writes the weekly Bet Diary blog on making a profit from tipsters and to summarize performance he pens this annual report on just how much he has made from his betting.
Once again it was another successful year with a strong profit achieved and Rowan outlines some of the best performing tipster services, who they are and why and how he follows them in.
For those of you keen to build your own tipster portfolio, he shares his thoughts on how best to approach this and how to choose tipsters that suit you, your budget, experience and bookmakers available. We also get into the topic of bookmaker restrictions and how he gets around that with a few tips for account longevity and using the exchanges.
It's an ideal podcast for those of you interested in making money via tipsters and the experience Rowan can share on his success over the years doing exactly this.
An interview with betting professional, Paul Chandler-Burns on his many years working in the betting industry and his profitable angle following the Racing Post's Tom Segal and his Pricewise tipping column.
Starting out as a racing trader prior to the introduction of Betfair, Paul built up enough experience and connections to then go full time as a professional punter for several years and he talked me through what he bet upon and the challenges and rewards this brought. This time as a full-time bettor saw him take advantage of edges in football ante-post markets, entertainment and reality TV betting markets (and the inside information that so often flowed in them) as well as golf and horse racing.
These days, Paul combines his unique work as an entertainer on cruise ships with betting on horse racing where he uses the Pricewise column and tips from Tom Segal as a starting point and guide to find excellent value in many of the big racing meetings and events.
By filtering through the bets Tom puts up, he is able to make a good return in these highly liquid markets - including via the Free SBC service 'Pricewise with PCB' which has made in excess of 12% ROI since it began last year.
Paul also discusses his usage of independent bookmakers, including a few that happily will lay a bet on sports like horse racing and the convenience they bring.
All told its fascinating insight into a lifetime working in the betting world, the importance of evolving what you bet on as the industry changes and profitable angles to take advantage of in the modern betting world.
An in-depth discussion with expert racing tipster, Richard Hutchinson on his approach to finding big priced winners via his service - Hanbury Racing.
Richard's tipping service began in 2020, after he won £188,000 after being victorious in the Tote Ten To Follow competition - giving him the platform to start a new life finding winners for a living.
His speciality is finding overlooked horses at big prices for each way value with regular winners over the past 2 years at prices like 66/1 and even 100/1. Richard explains his process behind how he finds these horses and just why he prefers this approach to betting at short odds.
We get into the challenges that betting to a high odds/low strike-rate approach brings and the mindset required to make it work. This episode is the perfect companion to the detailed review of Richard's Hanbury Racing service recently published by us at the Smart Betting Club.
A chat with racing expert, Quentin Franks on his 10 years working as a full time professional punter on the sport.
Working 15 hour days and up at the crack of drawn each day, Quentin was good enough to share about what goes on behind the scenes as a pro punter and the reality of betting for a living.
As well as some of the things he looks for in a value bet and the tools he used to study horses, Quentin also discussed some of the smaller, independent bookmakers he often uses to get bets on and why more punters need to consider them. Quentin names a couple of them he uses and why they welcome his business plus also his thoughts on the racing scene in general and his fears for it in the long-term.
We also explore his long-running tipping service which is now in its 8th year and which has generated a 15% long-term ROI from several thousands of bets.
A chat with Andrew Woodman, a senior parliamentary assistant working in Westminster and somebody acutely involved in the ongoing discussions around the forthcoming gambling law changes in the UK.
Alongside his work in Politics, Andrew is also a keen bettor and racing enthusiast, so is extremely well placed to pass comment on all the topics of interest, from affordability limits to the black market and the reputation of bookmakers.
Andrew also shares his insight into the concept he and the MP he works for, Andrew Bridgen have been promoting as a solution to affordability checks -the Single Customer Wallet and why its preferred to other suggestions that have been doing the rounds.
Andrew also was happy to put forward his predictions on what he thinks will unfold in the UK gambling space and the impact on both bookmakers and punters alike.
A special podcast exploring the increase in complaints as regards bookmaker behaviour - specifically surrounding the number of account suspensions, withdrawal delays and outright refusals to pay out customer balances that are now taking place.
The allegations some are making is that bookmakers are adding unnecessary and unreasonable financial and account security checks to make life as difficult as possible for some customers, especially those who have won money betting.
Many of these extra checks are coming solely at the withdrawal stage or if and when a customer wins money and often come with requests for extensive and unreasonable amounts of extra documentation - such as 3 years worth of unredacted bank statements. This coupled with poor customer service and lengthy delays to seek answers and resolutions has created this growing issue for many punters.
Added to which there are significant concerns over the effectiveness of the complaints procedure including the mediation companies that are there to help resolve disputes, yet whom many punters are now skipping entirely and going straight to court to seek a solution.
To discover more on this topic - in this podcast episode you can hear my interviews with 2 different punters on the experiences they have had when it comes to dealing with bookmakers and how one of them took one major high street firm to court in order to obtain access to his winnings.
A feature length interview with Professional Punter Neil Channing discussing the ongoing gambling review taking place in the UK and the very grave concerns he and many others have on some of the proposed new laws being mooted, including that of affordability checks and the Single Customer View concept.
Neil is one of the foremost minds on this topic and he explains the background to why these new rules are being considered and how and why affordability limits are being put forward as a solution to fixing the issue of problem gambling.
He also shares his opinion on the flawed Single Customer View concept and how that might work and the very real possibility we could see substantial growth in the betting black market if some of the more stringent measures being proposed are brought in.
Neil also outlines how the UK political scene and changes there might impact legislation, plus crucially what you can do to ensure that MP's and those in power listen to the vast majority of punters who bet in a sensible fashion.
Right now the mooted changes are being put forward by a tiny minority on each side of the debate - those against gambling on one side and the operators/bookmakers on the other. The opinions and needs of the vast majority of bettors are not being represented and Neil explains why this is and shares his own predictions on what might unfold in coming months.
Its a longer podcast than normal due to the many important topics up for debate so sit back, enjoy and share any feedback you have with us after you listen!
An update from Smart Betting Club Editor, Peter on the publication of two very special reports on horse racing and golf that can make a huge difference to your betting.
The horse racing report hones in the excellent service that has made a 10.84% ROI over nearly 20,000 unique bets from the past 17 months. Although profitable with bookmakers, it also has a profitable edge at both Betfair SP and when betting into the live exchange market.
Pete reveals the service in question, the value strategy it uses, some of the filters applicable to generate even more profit and just why the SBC team use it every day.
For those of you who prefer golf betting, Pete also outlines the detail within the major 2022 Golf Betting Report also recently published at the start of the year.
This report focuses in on a dozen recommended golf tipsters with updates on performance on each of them, including the profits made not just in 2021 but going back several years. You can also explore updated ratings on each tipster and advice on how to use a progressive staking plan to boost profits further.
Pete also discusses the 'Our Year In Golf Betting' updates penned by 3 members of the SBC team for the report on the tipsters we each followed and the profits made throughout 2021 in our personal betting portfolios.
This podcast also is a precursor to the return of the SBC series of betting interviews from February 2022!
An interview with brothers Duncan and Neil Campbell - 2 professional golf punters on their 20 years experience betting profitably on the sport and their Golf Betting Club tipster service.
We discussed their long-term approach to finding value on the sport - primarily through the use of detailed player profiling and identifying golfers to back at big odds when the time is right. They also shared their tactics for betting on golf in-play and the many profitable angles available which many punters currently overlook.
Alongside this we also explored their Golf Betting Club service, how it operates and the profits made to date - plus how you can follow their in-play bets free of charge via Telegram each week.
If you are interested in golf betting, then this is a must listen podcast episode.
If you enjoy it please be sure to subscribe to the Smart Betting Club podcast and leave a review!
An interview with professional horse racing punter Lee Keys on the reality of make a living betting on the sport for the past 25 years.
Lee discusses his edge in the racing world, including some of the challenges facing him and other big punters using Betfair and why he now regularly uses 'Whatsapp bookies' to get his bets on.
Betting with offshore firms is an angle Lee fears more and more bettors will turn to if bookmakers get their way with the proposed introduction of the 'Single Customer View' policy - something he has very firm views on as well as the failure of the regulator in the betting industry
He also discusses how easy it is to multi account using mobile phones, including his tips on how to prime accounts and go under the radar as best as possible to avoid unwanted bookmaker attention!
All told its a highly revealing insight into what its like to have boots on the ground betting full time on horse racing in todays modern bookmaking world.
In this latest Betting Clever episode, SBC Editor Peter Ling chatted with the vastly experienced winning punter and tipster, Steve Lewis Hamilton on the thorny topic of how to handle losing when betting.
The reality for many of us who bet is that we will strike more losing bets than winning bets, and although long-term those winning bets make us a lot more - it's how we handle such bad runs, especially those sizable bad runs which is critical for long-term success.
Steve has a wealth of experience in coping with losing and we talk about some of the strategies he uses to put such runs into perspective and to give him confidence that he will come out on top.
Pete and Steve also explore some of the psychological issues at play when betting, the tricks losing runs can play on our minds and the value in having a betting network or support strategy of some kind, especially given the solitary nature of betting these days.
Remember - Betting when you win is easy - betting when you are losing is hard and lonely and this podcast is here to talk honestly about this oft-overlooked, yet essential topic that all punters, no matter how good they are must endure at times.
An interview with long running racing tipster, Andrew Lowrie of the Optimum Racing service.
Andrew has been working in the betting and tipping world since 1999 and we discuss the secrets behind his longevity and how he has build and maintained an edge betting on horse racing. He explains his usage of sectional timing, his specialism on chase races and the time and effort that goes into his selective betting approach.
We also explore his thoughts on getting bets down, be it with bookmakers online, in shops or exchanges and his take on the future of betting on the sport.
All told its a fascinating walk through Andrew's 2 decades at the sharp end of punting for profit on racing and the tipster service he runs.
An interview with professional bettor and tipster Aidan on his process on finding winners and value in the tennis betting markets.
Inspired by a dissertation paper he wrote on the efficiency of tennis betting, Aidan has carved out a living betting on the sport for several years and his very profitable tennis tipster service has recently been the focus of a detailed SBC review.
Aidan discussed with me his incisive approach to finding value and the subtle factors and characteristics that make up his pricing model. We also explore the mindset required to make tennis betting and tipping a success and how he copes with the pressures of what he does for a living.
We also delve into the operation of his tipster service, his 11% ROI edge taking on prices available at Pinnacle Sports and the recent SBC review of what he offers.
Pete, Rowan and Alex Lyons discuss all of the latest developments in the tipster world, including the latest Tipster Profit Report and the performance of their own betting portfolios in this 3rd installment of the Betting Clever series.
In part 1, Rowan and Pete explore the latest Tipster Profit Report, some of the long-running Hall of Fame services within it and the profits they are making, plus we also unpack the issues at times with tipster affiliate programs and how to avoid being caught out by them.
Alex then joins Pete for Part 2 and we discuss how he has made £17,000 since the start of 2021 with his own tipster portfolio, which is filled with SBC recommended services. He discusses the tipsters he follows, the best performing amongst them and some hard decisions he had to make recently on profitable services that he just wasn't able to follow as he wished.
The goal of this podcast is to give you the insight and advice you need if interested in following tipster services.
An interview with Spanish bettor, Miguel Figueres on his usage of Artificial Intelligence Algorithms to win money betting on Tennis.
Using the algorithm, Miguel grew a bank of 200 Euros into 8000 Euros with one bookmaker, which then led to him setting up the Hall of Fame rated service, Winner Odds for other users to back each of the value tennis bets his program uncovered. With over 5 million Euros won by his customers since 2016, we discuss all aspects of this service, how it all works and just who it is suitable for.
As a successful bettor, Miguel has been impacted by bookmaker account restrictions and he also outlines his own legal battles with several bookmakers, including Bet365 where he is challenging the clauses they rely upon to limit accounts . Miguel and others have been engaged in an ongoing legal battle against these bookmakers since 2019 in Spain and he shares his experience on this process, what has taken place to date and his hopes for the future.
He also provides insight into why Spain has become a central point for this fight against restrictions, plus examples of how you can use GDPR laws in the EU to have bookmakers delete your data as well as a successful case he won against 888bet.
This is a must listen podcast for anyone interested in smart betting - especially if account restrictions have impacted you.
The latest in our new 'Betting Clever' series, which discusses topics of interest from a winning bettor perspective with a variety of informed guests.
In this episode, SBC Editor, Pete is joined by professional bettor and advantage player, Tom Brownlee to discuss all things football betting as the new season across Europe has just begun. We get into the part that football plays in our betting and some of the leagues, markets and angles used by Tom to try and make an profitable edge.
In the 2nd part of the episode, we delve into the unique football coupon strategy that Tom uses and offers via his Bookie Bashing service and which enables bettors banned online to get bets down in bookmaker shops.
Tom explains both the theory behind how it works and the actual practice of getting bets down and importantly - the edge it can offer and why its proven to be so lucrative over seasons past.
To wrap things up, Tom and I also talk about bookmaker withdrawal strategies and some of the issues we have faced in the past at the withdrawal stage.
An interview with Wayne from the very successful Northern Monkey Punter racing tipster service on the secrets behind his betting success over several years.
Wayne walked me through his approach to profits through advising a mixture of singles and multiple bets on horse racing and the winning record he has built up since 2010. We also explore the work involved in bet selection, from watching videos to form study and just how he juggles running the service with a full time job.
Also on the agenda, we discuss his work as a racing journalist, how that has helped inform his betting and his insight into the challenges facing racing with topics such as restrictions and affordability checks.
The first in our new 'Betting Clever' series, which will be discussing topics of interest from a winning bettor perspective with a variety of informed guests.
In this episode, SBC Editor, Pete is joined by fellow winning bettor and blogger, Rowan Day where they debate the following:
An interview with professional bettor, Anthony Kaminskas on the reality of betting for a living and the challenges and rewards it can bring.
Anthony outlines his journey from the head of greyhound trading at Paddy Power through to becoming a pro punter and just why he made the jump to betting full time.
He reveals plenty on how he gets his bets on and where, both online and in bookmaker shops and his usage of a wide ranging network across several countries for this purpose.
We also get into the admin involved with his job, his approach to staking and value plus some of his recent bad beats including a six figure profitable bet that lost in the most cruellest of fashions!
An interview with with expert golf bettor and tipster, Matt from the PGA Profit service.
Matt outlines his approach to golf betting and the algorithm he has built, which form the basis of the bets he takes each week, firstly on the PGA Tour but more recently the European Tour as well.
We discuss the edges he finds betting on golf and some of the variables that feed into his algorithm, including his ability to regularly find overlooked value bets and maiden tour winners simply by digging a little deeper. Matt also outlined how he gets bets on, why he tips and bets early and his approach to using the exchanges, plus of course his consistently profitable service PGA Profit and its new FREE to follow sister service, European Tour Profit
An in-depth discussion with semi professional bettor, Rowan Day on his tipster portfolio and the annual report he recently published on the performance of the tipsters he followed between January 2020 and April 2021.
Rowan has been writing about tipsters and the profits he has made for several years via SBC's free to read Bet Diary and in this discussion with SBC Editor, Pete Ling, Rowan outlines why he runs a tipster portfolio and the services within it. Following the release of his Profit Report on his performance over the last 16 months, the duo also explore the exact results made not just as a whole but broken down by sport and individual service.
All told its fantastic real-world insight into the profitable reality of following tipsters and the rewards from doing so if choosing the right services and adopting the right mindset.
Other topics explored include the pros and cons of following tipsters, the practical reality of it all and just how to choose tipsters that suit you, your budget, experience, time, risk profile and bookmakers available. After all - what suits one person might not suit the next (as outlined by Pete and Rowan's different approaches) and why its important to build up slowly in line with the profits you make.
Whether you are a total newcomer or vastly experienced bettor when it comes to using tipsters, this chat will have something for everyone and we welcome your comments and feedback!