Horse Racing Tipster Scam

If you gamble on horse races then you are always looking for that elusive something that will help you select winning bet after winning bet. Whether such a thing actually exists is very open to question but every gambler thinks that it just might be out there somewhere.

It is this thought that many so called tipsters rely upon to get punters to part with their money for supposed expert tips. Sadly most of us come away from such offers sadly disappointed. They do not provide that pot of gold we seek.

In this article I want to tell you about a tipping scam which seems to come around with a fair regularity. It is not a new scam but it still manages to part a lot of people from their money whenever it is used. Basically the scam works like this. On a Tuesday or Wednesday you receive a letter telling you that the tipster knows of a horse running next Saturday that is nailed on. IT CANNOT LOSE. Everyone is going to have their money on it, the owner, the trainer, the stable lads and the trainer’s dog.

This is the big one, but the trainer cannot tell you the horses name until Saturday for fear of it affecting the horse’s starting price? However, if you telephone on Saturday morning he will give you the name of the horse for free out of the kindness of his heart. They are such generous people tipsters!

Saturday comes, you telephone and they take your name and then give you the name of the horse. This is all very simple all very quick. All you have to do then is place your bet and wait.

One of two things will happen. The horse will win or the horse will lose. (There are no other options). If the horse is a winner you can expect a letter the next week telling you that by providing you with a winner the tipster has shown what a wonderful person he is and you should invest in his tipping service immediately. And lets face it who isn’t going to join his service if he can churn out winners like that, he must have inside information and good contacts.

Now if your horse lost you will get a letter explaining that the horse was “under the weather”, or the going did not suit or the jockey forgot his lucky underpants. There will always be a good reason. But don’t lose heart because our tipster has got another horse for next Saturday which is even better than last weeks and again phone on Saturday and he will tell you the horses name for free.

So far it does not seem much of a scam but let m explain what is actually happening.The reason the tipster will not give out a horses named until Saturday is because he is looking for a particular set of circumstances. A race with no more than 7 or 8 runners, where there are only 3 or 4 horses with a real chance of winning.

Having selected the race and the 3 or 4 possible winners all that happens is as people call they are given one of the four horses names. This is done in sequence so if 100 people telephone 25 will be given the name of horse A, 25 horse B and so on. This means that baring a real unexpected result at least 25 people will have been tipped the winner.

These are the ones that will be invited to join the Tipsters service, the other 75% will get the offer of a second tip. Of these 75 at least 18 or 19 will get tipped a winner the following Saturday.

Just think about it if the tipster uses a mailing list and offers 1000 punters the initial free tip offer possibly as many as 500 might respond which means 125 will be tipped the winner. If less than half of these sign up for a £100 service it would still bring in around £6,000 for the cost of the mail shot. (about £500).

Make sure that you do not fall for this scam and keep your money in your pocket.

Beware of free tips as my old grandfather used to say you get nothing for nothing and even then the price can be expensive,