Tipster Operated by Oddschecker Sustains Heavy Deficits, Resulting in Shutdown
The Betting Professor, a popular tipster on Oddschecker, has ceased its paid service after experiencing significant losses. The service, which was available for £19.99 per month to Oddschecker Unlimited subscribers, was known for its individual win posts but faced criticism for its lack of guidance on bankroll management and questionable pricing.
The Betting Professor's strategy incurred rapidly-increasing total losses, with a total profit and loss of 170 points down at one point, a significant loss for most gamblers. On September 30, the tipster's official X account posted a loss of -92.70 points. The partnership between The Betting Professor and Oddschecker was established in August 2024, but the rapid losses over a short period led Oddschecker to discontinue the service.
The context from related sources on betting services suggests that the introduction of charges for tipping or subscription services raises expectations for consistent, demonstrable profitability and transparency on tipster records. If these expectations are not met, particularly during periods of losses, tipsters may choose to discontinue their paid offerings to avoid further damage to their credibility or business viability.
The Betting Professor's service faced controversy due to a lack of verification of the bold claims of tens of millions of pounds in profit. Despite this, The Betting Professor reportedly had previous winnings of over £20 million. No tracking of running profitability was provided for The Betting Professor's service, and a running tally of results was recorded on the site, although with occasional errors.
Despite the discontinuation of the paid service, The Betting Professor will still be available on Oddschecker, but the focus has shifted towards providing fewer tips. The tipster has commented that they are confident the content would still be profitable in the long term. The Betting Professor will focus on other areas to continue delivering new, innovative, and profitable content offerings.
[1] https://www.example.com/article/betting-professor-discontinues-paid-service-after-severe-losses/ [2] https://www.example.com/article/industry-patterns-around-paid-tipster-services/
The Betting Professor's service, initially specialized in individual win posts, expanded into sports-betting and casino-and-gambling advice, but faced criticism for its lack of guidance on bankroll management and questionable pricing. Despite the discontinuation of the paid service, the tipster will still be available on Oddschecker, focusing on providing fewer tips and exploring new, innovative, and profitable content offerings in other areas.
The controversy surrounding The Betting Professor's service was exacerbated by a lack of verification of bold claims of tens of millions of pounds in profit, questionable track record, and a lack of transparency in running profitability. This events serve as a reminder to the importance of accountability, verifiable profitability, and bankroll management in betting services, especially in the context of paid tipster services.
