Exploring the world of profitable betting and what it takes to generate a long-term edge gambling. Through this series of podcasts, join Pete from the Smart Betting Club as he interviews professional punters and expert tipsters on how they make a profit betting and what lessons we can take from them for our own betting journey.Expect to learn about the strategies or methods they employ to win, the markets they focus on, bookmakers or exchanges they use and much more besides.
Episode 70 - Harry Stewart-Moore: Betting and the Law
I have a very special guest for Episode 70 in the form of lawyer, Harry Stewart-Moore, who is a partner at the law firm Gardner Leader, with a speciality in cases in the betting industry. Harry regularly acts for some of the leading names in the gambling world in both High Court proceedings and before various sports regulatory panels.
With a preference to represent those on the punting side of things including many professional bettors in the past, Harry explained the type of cases he takes on and some of the issues and grievances brought before him.
Many of them do focus on bookmaker behaviour alongside issues created by the industry and its regulator, the Gambling Commission, about whom he has very many concerns as to the way they operate.
We also expand on the black market, its growth and the legal challenges that creates as well as why frictionless affordability checks just wont work and the problems with many bookmakers terms and conditions.
Nothing was off the agenda in this wide-reaching chat and Harry was a fascinating guest, happy to share his thoughts and experiences on all things betting from a legal perspective.
(00:00) Introducing Harry
(01:20) Harry's father's impact on his career choice (& love of gambling!)
(02:44) Gambling and what Harry has learnt working with successful gamblers
(03:45) Cases, clients and the life of a gambling lawyer
(06:30) The increase in punter vs. bookmaker cases and the possible reasons for this
(07:32) The most common disputes that Harry deals with
(09:40) The lengths that bookmakers will go to to avoid paying liabilities
(12:55) The anatomy of a gambling dispute case
(13:47) AML and other regulatory checks and how bookmakers weaponise them
(19:15) The Gambling Commission
(22:50) The National Lottery & the Gambling Commission's attitude towards it
(25:50)The regulatory future in the UK & the growth of the black market
(30:50) Criminal elements' hold on certain gambling jurisdictions
(32:15) The law and how it relates to black market betting
(34:50) The White Paper and Harry's take on 'frictionless' affordability checks
(40:45) How issues with law and regulation keep reappearing
(41:12) The competitive advantage that major firms have when dealing with onerous checks and regulation
(44:00) IBAS, eCogra and how dispute resolution services just aren't working
(46:30) Bookmaker Terms and Conditions and how some are drafted to shaft punters
(48:30) How treating 'skilled' and casino/fixed odds betting differently could well help with regulation and dealing with problem gambling
(55:50) How to access Harry's legal expertise!
Learn more on the Smart Betting Club and how we help winning bettors at https://smartbettingclub.com/ Harry at Gardner Leader: https://www.gardner-leader.co.uk/team_members/harry-stewart-moore-2/Harry on Twitter @HarryStewartMo1Podcast feedback - contact SBC on twitter @sbcinfoRead more about each SBC Podcast episode: https://smartbettingclub.com/the-smart-betting-club-podcast/
Episode 69 - Betting Clever With Pete & Josh. Social Media Tipster Danger & The Rise Of Matchbook - Interview with Ronan McDonagh
Betting Clever ep 69 features both Pete and Josh from SBC and is split into two parts, with 'gambling chat' making up Part 1 and a Q & A with the Head of Exchange at Matchbook, Ronan McDonagh, making up Part 2.
Part 1 starts with Pete and Josh discussing our gambling plans for 2024, before we move on to explore the perils of betting social media after being alerted to some strange goings on with some of Flutter's affiliates. Andy Robson Tips is one of many affiliate tipsters who likes to present himself as a regular guy looking to make his followers a few quid. The reality it seems is quite different.
We also touch on our brand new SBC Free Tipster, Account Agent. This service is designed to prolong bookmaker accounts using a three-pronged approach. It doesn't guarantee 'immortal' betting accounts, but these strategies are proven to keep you away from the 'eye in the sky' at bookmakers' HQs!
In 'Part 2' we are joined by Ronan McDonagh, Head of Exchange at Matchbook.
Matchbook are looking to expand and wrestle market share away from the dominant exchange. We talk about how they are doing this, their plans for the future and how they are targeting specific markets.
We also quiz Ronan on the topics that we feel that you, as smart bettors, will want answered. How they treat winners; commission rates; prices; liquidity; additional features not traditionally found on exchanges - we talk about all of them!
To top our chat with Matchbook off, we also have an exclusive offer - 150 days on the Matchbook platform, commission free!
(01:30) Pete and Josh's plans for 2024: slight alterations or major changes?
(03:40) SM Affiliates: a murky world with questionable vested interests
(13:10) SM Tipsters: BOOM! A bit of fun or predatory?
(17:20) Account Agent: SBC's new free service that helps maintain bookmaker accounts
(23:10) Golf Betting: our second place curse in 2024!
(25:20) Golf Betting Club: SBC's new Premium Service with an excellent in-play edge
(27:10) New Magazine Format: Monthly updates with everything all in one place
(29:25) BetInAsia & Broker Options: Pete's experiences getting the best prices from across the major exchanges
(31:35) Introducing Ronan McDonagh from Matchbook and recent developments at the Matchbook Exchange: Building products bit-by-bit
(34:40) Matchbook's focus on the 'personal touch' and how they have looked to grow market share
(36:50) Horse Racing: Liquidity, pricing & what the data tells us (& scandalous Industry SPs!)
(41:25) Established players trading on Matchbook: Why big fish are swimming in the Matchbook pond
(45:25) Football; liquidity, secondary markets, growth areas and multiples
(48:27) American Sports: Matchbook's 'bread and butter' and how they compete in the market
(49:28) Golf Betting: Liquidity differentials across tours, popular products and massive bets (on Denny McCarthy!)
(52:45) The Regulatory Environment: AML, SOW & affordability checks and how Matchbook want to balance customer service with their licensing requirements
(57:24) Winners: How Matchbook negotiate with customers individually rather than apply arbitrary commission rates on winning punters' action
(59:50) 150-days on Matchbook commission free for SBC Podcast listeners!
Matchbook Data & SBC Analysis (with sign up offer info)Account Agent's SBC pageSign up for a SBC Membership Podcast feedback on twitter @SBCInfoRead more about each SBC Podcast episode
Episode 68 - Golf Betting Club Pre-Event & In-Play Golf Edges
In Episode 68, I welcomed back to the podcast, brothers Duncan and Neil Campbell to talk about their continued ability to make a profit from betting on golf.
Operating together as 'Golf Betting Club', they talk me through how they use their extensive experience, nous and ability to find profitable edges not just from pre-tournament bets but also crucially - in play betting.
It is this unique and often overlooked in play angle - betting during the 4 days of a tournament (or 3 for Liv Golf) that sets them apart from many other golf punters and tipsters and they share plenty of insight into how exactly they use it to turn a profit.
We also get into the operation of their successful service, from tipping late into strong markets on a Wednesday, betting with exchanges and using and settling to fair odds and terms that everyone can obtain at scalable stakes.
Neil and Duncan also outline their take on the changes in the golf world at the moment following Jon Rahm's move to Liv golf and why all this uncertainty can ultimately be a long-term positive from a betting perspective.
(00:00) Introducing the Golf Betting Club
(01:55) About Duncan & Neil - their dynamic, how they balance betting & tipping with other work and balancing work and life with a time consuming business
(04:48) Watching tournaments to find value and keep abreast of player performance
(07:54) Getting on, exchanges and the challenges of backing value once you have found it
(08:40) Place terms, the timing of bets and balancing value with attainability for members
(11:10) Tipsters betting on Mondays and how GBC's approach is different with 'Best', 'Tracked' and 'Minimum' prices all provided for their subscribers
(13:30) Betting in-play and why the Campbells often prefer it over pre-tournament action
(14:39) Exotic markets, 3-balls and the edges available outside of the core markets
(15:53) How player profiling can help with in-play betting, especially for those players consistently disrespected by the markets
(22:47) Reflecting on performance, planned improvements and changes in the golf betting markets
(24:35) LIV, The PGA Tour, The DPWT and how the politics of golf may well offer up betting opportunities
(28:51) Statistics, popular metrics and how the Campbells have their own approaches to assessing players, especially when they play on different tours
(31:08) Pre-event vs. in play & using the first round to gauge whether a player makes the shortlist
(33:39) Variance, losing runs and dealing with this (as both tipsters and punters)
(35:48) Where to find GBC and how to access their content (much of which is free!)
(37:25) Predictions for 2024 and beyond
Join Golf Betting Club via SBC and save up to £50 on membership https://smartbettingclub.com/golf-betting-club/Learn more on the Smart Betting Club and how we help winning bettors at https://smartbettingclub.com/ Podcast feedback - contact SBC on twitter @sbcinfoRead more about each SBC Podcast episode: https://smartbettingclub.com/the-smart-betting-club-podcast/Watch a video of this interview on the SBC YouTube Channel: https://www.youtube.com/c/SmartBettingClub
Episode 67 - Golf Betting Panel with Tom, Pete, Rowan and Josh
Episode 67 is a Golf Betting Special, where SBC Editor Pete, was joined by 3 guests in the form of Rowan and Josh from SBC alongside Tom Brownlee from Bookie Bashing to explore his service's exceptional Golf Tracker Tool.
With a track record of success dating back several years - the Golf Tracker provides edges for those of you able to bet with bookmakers each way and as we explore for the first time in this podcast - also betting win only via the exchanges.
The logic being that it will appeal to all of you - whether able to bet unrestricted via soft bookmakers, where it has a ROI in excess of 30% OR if limited and closed down, you can try it out betting win only with the exchanges. The record to date for that is quite ridiculous at over 50% ROI since 2019.
As all 4 of us on this podcast bet extensively on golf, we also outline our own strategies, what we do, how we do it, when and where we bet and tips to maximise your edge.
Even if you don't like the sport of golf, the reality is golf betting is where many top punters invest their time and this special hour long pod will help to explain how you can too.
'Cliff golfers' - those who have cost us the most but who we dare not leave off our shortlists!How we bet on golf, including shops, online soft bookmakers, exchanges and even Fantasy GolfHow the Bookie Bashing Golf Tracker worksOdds ranges, 'sweet spots' and which bands of odds can deliver massive profits from placesTiming, bookmaker profiling and when we bet to balance every considerationLesser known bookmakers and exploring firms not on the Oddschecker gridWin only betting - why the tracker finds value (if it does!)Quirks in the data between different toursDrawdowns, tempering expectations and finding strategies that match individual risk appetitesDiscover More:
Learn more on the Smart Betting Club and how we help winning bettors at https://smartbettingclub.com/ Bookie Bashing Golf Tracker: https://www.bookiebashing.net/how-it-works/golf-tracker/Weekly Golf Value: https://smartbettingclub.com/weekly-golf-value/Podcast feedback - contact SBC on twitter @sbcinfoRead more about each SBC Podcast episode: https://smartbettingclub.com/the-smart-betting-club-podcast/
Episode 66 - Betting Interview with Chris Poole, Head Of Trading At Bet Victor
In episode 66 I was joined by Chris Poole, currently the Director of Trading for Bet Victor and someone with a vast amount of experience working in the betting industry.
Rising up the ranks from betting shop cashier to his current role, he spoke candidly about the reality of trading in the modern betting world and dealing with issues like affordability checks and his dislike of concessions like Best Odds Guaranteed.
He also expanded on what happened with the Guaranteed Bet market that Bet Victor tried out a few years back, why it was introduced and the issues it attracted for Bet Victor, specifically with large scale betting syndicates who took advantage of it and ruined it for others. For those of you frustrated by account restrictions and closures, it provides rare insight from a bookmaking perspective on why such ventures can be a real struggle and why as yet, a Minimum Bet Guarantee has not been a workable concept.
As an experienced trader on horse racing, Chris discussed the role of inside information, including the very big coup 2 years ago, which nearly claimed a huge win at Bet Victor's expense and saw him front and centre discussing it with the national media.
Chris is perhaps best known by many of you for his amusing Tweets, including his Trumpet Emoji calling out those who 'Aftertime' and put up winners after the event. He also was happy to talk about one quite famous 'Aftertiming' Twitter account he was involved in and which caused quite a stir a few years back.
Chris was a fantastic, talkative and insightful guest - happy to discuss frankly the reality of bookmaking in 2023 and its ups and downs. My thanks go to him for speaking so openly and frankly! Make sure you follow him on Twitter: https://twitter.com/ChrisPoole___
Learn more on the Smart Betting Club and how we help winning bettors at https://smartbettingclub.com/ Chris Poole on Twitter: @ChrisPoole__Podcast feedback - contact SBC on twitter @sbcinfoRead more about each SBC Podcast episode: https://smartbettingclub.com/the-smart-betting-club-podcast/
Episode 65 - Betting Clever. White Paper & Black Market Insight, Flawed Big Name Tipsters, BetMGM's Value Boosts, Unbelievable 'Inside Info' & Using Chasing Steamers
In this new Betting Clever episode, Pete and Josh from the Smart Betting Club unpack a whole host of topics of note for those of us who enjoy betting, kicking off with the latest on the affordability nonsense that is dominating matters currently. The knock on effect of that has been growth in the black market, which we explore and just how betting is going further underground at the moment.
They also unpack the motivations and flaws from many popular free tipsters and betting experts such as Tony Calvin from Betfair, who has come in for criticism recently about his form, yet for them the issues with him and others of his ilk lie elsewhere.
With the launch of a new bookmaker in BetMGM recently, they also discuss just why they have opened in the UK, who's behind it all and how to take advantage of some of the profit boosts they are offering to customers. They are ideal for bankroll growth for those of you looking to generate some easy wins.
They also tackle the crazy profit figures they have seen first-hand from a tipster purporting to have inside information. An ROI of 88% from 700 bets backs that up and despite both Pete and Josh being entirely cynical on this concept of such insider bets, they have had to put their hands up and say - there could be something here. Alongside that they also outline the more straightforward profits being made by service such as Chasing Steamers, Winner Odds and the free expert, HeadStart Racing.
The goal of this podcast is to help you with your betting and provide opinions, insight and expertise you might not get elsewhere.
(00:00) Intro - the return of the Betting Clever podcast
(01:40) Josh goes too far after golf wins & we discuss our betting routines?
(04:05) Politics & Betting - Affordability & The Gambling Commission
(11:56) Pete's experience of the Black Market
(16:05) Industry Big Wigs, Naive Regulations & Useless Beaureaucrats
(19:80) Bet MGM
(23:42) Tony Calvin, tipping early & free tipsters
(29:00) Making money on European Basketball on Pinnacle
(33:20) Inside Information- Pete & Josh's cynicism & being pleasantly surprised
(39:47) Chasing Steamers - the perfect bank builder
(48:45) Getting ahead of the bookies with a new Free Tipster
Gamblers Consumer Forum: https://gamblersconsumerforum.com/BetMGM Profit Boosts: https://www.betmgm.co.uk/promotionsChasing Steamers: https://smartbettingclub.com/blog/chasing-steamers-review/Winner Odds: https://smartbettingclub.com/blog/winner-odds-sbc-betting-record-and-guide/Headstart Racing: https://smartbettingclub.com/headstart-racing/To sign up for a SBC Membership click here: https://smartbettingclub.com/subscribe/Podcast feedback - contact SBC on twitter @sbcinfoRead more about each SBC Podcast episode: https://smartbettingclub.com/the-smart-betting-club-podcast/