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<b>Very poor, in my opinion, and missleading the readers on a daily basis, what does the forum think ?</b>
Any tipping service that has to tip at SP is always going to be limited to an extent. It doesn’t and can’t cater for the price sensitive punter so will always come in for criticism.
That said, given those constraints, I think the RP has assembled a decent team of tipsters who can at least provide some sound logic and reasoning behind their selections, even if they are all ultimately at the mercy of the market.
I can’t see how they are "misleading" anyone anyway….
I don’t buy newspapers and have not seen any of the contributions by the team of tipsters.
Any tipping service free, newspaper or subscription that does not publish accurate stats on performance is conning the readers. As soon as a tipster finds a big priced winner it will be splashed all over the place.
If the Racing Post really want to make a bold statement and show how good they are we need to have a running league table with strike rate, profit/loss at SP and ROI%. If any of the tipsters can break even at SP over a period of time they deserve credit. Somehow I don’t think any would come close to this.
I agree with the comments above although I have a slight vested interest with my involvement with Racing Ahead Weekend.
Incidentally, I am going to print a round-up of how each of our tipping columns is doing in this Saturday’s paper.
Have a look at the "today’s multiple bet" part of RP Tipping. This is dozens of points down already.Very poor, in my opinion, and missleading the readers on a daily basis, what does the forum think ?
Well if they lead their readers on to poor value selections, and I can oppose them, then it suits me fine.
Anyway, shouldn’t there at least be a third alternative in the poll, ‘indifferent’ perhaps. There are shades of grey between black and white.
Rob
Im amazed anyone takes this so seriously….
The only role of a tipster for me is to highlight something i hadnt already thought of and then factor that in. Otherwise its just a bit of fun surely?
As has been said, they’re on a hiding to nothing tipping without knowing the prices- they might think something was value in the RP forecast at 8/1 but because they tip it, or because the price was a mistake, the horse ends up 3/1, at which price they’d never have tipped it. You’d need a serious edge to be profitable at SP tipping in a widely-read racing paper.
They do a decent job, are very knowledgable and are on a hiding to nothing really IMO. A statement which accuses them of ‘misleading punters on a daily basis’ probably says more about the naivety of the author of the statement than the the newspaper. Anyone interested in the performance of a tipster can quickly build a picture for themselves if they have the nous to do so.
Thousands of small time punters will look to tipsters for guidance.
Why should you, I, or anyone else give a monkeys about these thousands of small-time punters, mansun? The game is essentially me versus these punters, with the bookie or exchange merely acting as a broker. The more uninformed fannies out there, the better, imo.
The tipsters are paid handsomely for thier services by the media.
Aren’t they journalists, first and foremost, and paid for writing entertaining and, occasionally informative, copy? "Tipster" is someone with a "Tipping" line, and a different beast altogether I would have thought ( though I concede the two are not always mutually exclusive).
This isn’t a bit of fun.
Anyone who religiously follows what a journalist tells them, can hardly expect to be taken seriously though, can they?
But for the massed ranks of betting shop punters up and down the country tipsters are followed closely.
Good – **** them.
Now, you may argue they are mugs and deserve what they get.
What clivex says (I always try to find one thing a day to agree with him on, and this is it).
Personally I believe that if a journalist uses a very influential organ to post tips and earn a good living, he/she should at least be placed under some sort of scutiny to determine their suitability in the role. It would happen in any other regulated industry.
How exactly can you regulate an opinion?
Like Wallace I don’t buy the RP (or any racing papers) so am not in a position to judge the current crop of tipsters.
However it is quite obvious they’re on a hiding to nothing.
Proofed to level stakes at SP, the likelihood is they’ll all show a long term loss: result Joe Punter will condemn them as "poor"
Proofed to variable (preferred) stake at best price/price wanted, long-term profit may accrue: result Joe Punter will condemn them as "misleading"
For those who take betting seriously (most on here?) and enjoy the intellectual challenge of actually using your own grey matter to arrive at a bet why give the opinions of ‘professional’ tipsters a second’s thought anyway, other than huffing and puffing with annoyance when Pricewise or whoever tips your bet and the price collapses as the lemmings follow it off a cliff.
Leave them to get on doing what they’re paid to do: suppling tips and information to those who are either too lazy to do their own work, or to recreational punters who feel the need for a fun fire-up with more chance of success than sticking-a-pin
All I can say is I’m glad I’m not doing the Tuesday column after a Couch hat-trick has raised the bar to new levels today.
Mansun, it may interest you to know that I am far from being a "successful trader".
Although I do most of my betting on exchanges, I am nothing more than an enthusiastic amateur – very much like the betting shop heroes you wish to defend.
The only difference between me and ‘them’ is that I have a brain of my own, an opinion of my own, and if I do my conkers, I am man enough to say that it was nobody’s fault but my own.
In order to reduce my rate of failure, I have, over the years, gone to the trouble of familiarising myself with some of the subtelties of the game, as I realised that it was an absolute necessity if I was hoping to make it pay. It was a reasonably long, and not entirely painless education, but it was worth it, because it has made me a better punter.
I’d therefore appreciate if you would make a few less assumptions about what I am, and do me the favour of not trying to protect those who are too lazy or thick to think for themselves.
Have a nice day.
PS. Point taken about Tipster/Journo, though I think it’s a grey area. If these guys are all on contract, then perhaps they should be replaced when they are doing their nuts, but how long do you give them, before you jotter them? We all get losing runs after all. If they are permanent employees (several here will be able to confirm or otherwise) then they are protected by legislation, and cannot simply be walked off the premises, I would imagine.
Mansun
"However it is the small punters amalgamated wagering that pumps millions into racing and keeps the show on the road. "
Amalgamated small losing punters I think you’ll find help keep the show on the road.
"These people are paid good money and should be monitored and if they come up short sacked. "
I’m interested, how much is good money ?
"You say how do you regulate this? Easy. If you or I want to run a tipping line and advertise in the RP we need to proof the tips before we are allowed to enter an ad."
Has the RP changed its rules. Surely Thommo wouldn’t be allowed advertising space or does he not advertise any more.
"I grew up betting in betting shops, and I am proud of that fact. I dont hate the people who frequent them, and still have fond memories of many of the characters I met in those shops. Why people like you, Clivex and many others have a problem with these folk is beyond me."
I think most people "grew up" in betting shops and I still frequent them on a regular basis and yes some people follow certain tipsters but i find they are more likely to follow tips from a national newspaper than the RP. Regardless of that it is a choice they make and I find that most have the intelligence to realise that or are you insinuating otherwise ?
The people you’re trying to defend, mansun, are indeed the lifeblood of the betting industry (at least from a horseracing standpoint) but they are labelled as such because they’re gambling addicts. Bookmakers, not racing as a whole, farm these people and any assertion that supposedly poor ‘media guidance’ is in some way contributing to their downfall is mindless nonsense.
Do you honestly think, when they’ve just done their nuts on a rather attractively arranged set of pixels at Steepledowns and shouted at the ******’ useless, lazy jockey all the way around, they’re going to be looking through profit tables to decide whether Templegate is worth following this afternoon?
Silly me…Templegate is never worth following
By and large every single person you see in the betting shop thinks they have the edge – except Grassy of course, who knows he’s useless
– and you need only listen to them talk as though they are THE authority on racing to know that they’re beyond recall and have no desire to see media tipping regulated.
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