Dailyprofit service results. (and second intake)
Last month I decided to team up with 2 friends and create the Tipster service I would have loved to use when I was getting started. Today I see hundreds of tipster services around that are a complete joke, I could post about dodgy tipsters every minute of every day and never run out of articles. It is so easy and inexpensive to set up a website and take payments online these days, and with a tiny bit of marketing, it’s easy to con a few people into following a service. These guys are eventually found out, but then they just open up a new site and start over again.
Instead of whinging about these idiots, I’ll just create the best product possible and take all their potential customers. Not only will I make their dodgy venture worth less money, I’ll also help the people who used to sign up to these crooks a healthy profit.
Last month I sent an email out to my Australian subscribers and asked for 20 people who would like to test the service. I sent the email around midnight and when I woke up 8 hours later, I had more then 20 people who wanted in. I wanted to keep the numbers low so I could help everyone individually and make sure the service was a viable product.
Dailyprofit Performance Month 1
So how have members done so far? Pretty good if you ask me. In the first month we have placed $11,191.74 worth of bets, we have made a profit of $1,397.38 which is a return on investment of 12.49%. Members also have an extra $140 in freebets they can easily convert to $100 in real money.
I record all odds 2 hours after the bets are released. I make sure the results recorded are the worst possible so that even the laziest member will at least equal the quoted profit. This service is unique in that for the majority of the bets, the odds will not move. If you can find me any other tipster service where even the average guys can match the quoted results then I will buy you many beers.
About the Service
The Dailyprofit service is a three pronged attack on the Australian bookmakers. I have no doubt that over the next 6 months, my members will take well over $1,000,000 off the bookies. The brilliant thing is, if you’re too much of a tight arse to pay the monthly fee, for the most part you can do this yourself. I’ll even break everything down for you to make it as easy as possible.
The service has 3 unique types of bets.
- Risk-free bets
- Value Bets
- Sportpunter $2 lines
Members can choose which ones to follow based on their risk profile and how long they have been in the game.
It costs a lot of money for a bookmaker to get a new customer. They will happily pay $1,000 to get a new customer to sign up to their website as they know that over the years that customer will lose many times that amount back to them. This is known as CAC (Customer acquisition cost). To entice someone to join them, they offer sign up bonuses and ongoing bonuses. You will have seen countless ads on tv showing you these type of bonus offers. Sportsbet is currently running one where if you bet on an AFL team and they lose by less then 20 points you get your bet refunded. Sportsbet has already refunded $1.32 million to customers. This is a tiny price to pay for a bookmaker who makes over $500 million a year and pays hardly any tax.
By using our great friend MATHS, we can make a 100% guaranteed profit on a lot of these types of offers. Here is the exact details of how we made members $80 on just 1 game this week. We decided to combine two different offers on the Collingwood versus Port Adelaide match. Tomwaterhouse had an offer on Collingwood to win at $3, you could place up to $50 on this match, and as mentioned previously, sportsbet has a refund if your team loses by 20 points or less. We told our members to bet a certain amount on both sides and depending on how the match finished, these were the potential returns.
- Port Adelaide win: $11 Profit
- Collingwood win 1-20: $80 Profit
- Collingwood win 21+: $5 Profit
No matter the result we were going to make a profit. Luckily for members, Collingwood won by 6 and they made $80. This was just 1 of many risk free bets they made over the weekend. These offers will keep coming for many years to come. Some bookmakers will eventually stop you from betting on them if you take advantage of all of them, but we have our own little tricks that should keep these available a bit longer then the bookies would like.
These bets are great for those just starting out and who don’t want to risk any of their money on actual bets. It’s a great first step into taking the bookies money and we hope that this will add about $3,000 – $5,000 profit per year for members.
How to do it yourself: Every day you just need to go to every aussie bookie and look for any offers, put these all into a spreadsheet and then try and figure out how to use the offers. This will take you about an hour most days and then 2-3 hours on Fri & Sat. All up you are looking at 44 hours a month of effort. Or you can let us do all the work for much less then $1 an hour. How much is your time worth to you?
Sometimes the bookies will offer a great bet that we can’t use in a risk free way. These bets become value bets as the odds available are much higher then they should be and therefore offer value. Value bets are what I have made all my profits from, I hope that every single bet I place has value. In my case with pure betting, I live off 2% value long term. These guys offer much higher value, usually 50% or more. Let’s use another example from this week. Betfair decided to offer customer a multi bet on the Sydney Swans and Manly Sea eagles to both win. You were allowed to bet $25 and they offered odds of $3. If you found the best odds from all bookmakers and combined them into a multi, you would have received odds of $1.80. That means Betfair offered you 150% value on the real odds. These bets don’t always win, but this week it did and members walked away with $50 profit for the 10 seconds it took to place the bet.
Over the long term, these bets will make a very healthy profit. Over the years I have learnt to see which ones offer value and which do not. I have written posts before about how much of a joke the 1st try scorer markets are. We hope to add between $2,000-$4,000 profit per year with these value bets.
Sportpunter $2 lines
I go on and on about how great Sportpunter is every week, I’m beginning to sound like a broken record. But when a service makes me over $300,000 in 4 years, then what else am I meant to do. But like anything that is great, it costs a fair bit of money. For most people looking to get into the game, Sportpunter is just way too expensive. It really is for the pros and guys who like to bet a bit more. I’ve always wanted to work with Jonno as we are great friends and we have talked about many crazy ways to make that happen (we were even talking about setting up our own sportsbook). When I was coming up with this service I realised I used his bets in a certain way that others could use them that offered less risk and would not impact the lines.
Many bookmakers offer $2 lines for AFL NRL, and S15. Normally these line bets pay $1.91. With $2 lines, you just need to hit 50% of your picks and you will break even. Again, this is a way to entice people to come and bet with them. Sportpunter line bets hit well over 50% and are closer to 60% and this offers a very healthy profit potential. This part of the service will have the most variance but will also offer the highest profit potential. We hope to add between $3,000 – $6,000 profit per year with these selections.
These bets are recorded as $100 bets, but you can easily bet up to and over $300 on these selections, so the profit shown can easily be increased.
Please note: That this part of the service may be closed at any time if Jonno feels it is impacting on his own business. The recommended bets are sent out at least 4 hours after Sportpunter clients receive the bets and members do not get the game percentages, they only get my interpretation of the Sportpunter lines. Even after SP clients have taken a lot of the value out of these lines, I still believe they offer a heap of value at the $2 lines.
Join the second intake
There is a long way to go in regards to improving the service and seeing if it is going to be a viable product. As always, I like to take things slow and test everything before releasing it to everyone. We are now ready to take on 25 new members for the second month. If you’re an Aussie and would like to join the second month of the testing phase then subscribe to the waiting list below. I will email everyone who joins in the next 48 hours then it will be the first 25 people who pay the monthly fee ($30 is the fee this month, it will be more when the service goes live).
We will continue to build this service as we get more members. When it reaches 100 members, I will have an app commission that will send notifications when bets are advised, when they come online, and also reminders just before games start. Over the months, the app will then be used to record your bets and offer many other tools to help. We currently give all members a spreadsheet to use to record bets and people have found this an amazing way to record their other bets too. We are also creating a course to show how to take advantage of sign up bonuses for people just starting out. I hope to not only make you a healthy profit, but to also teach you everything you need to know to make your own way in this gambling arena.