tipsterˈtɪp stər
tipster (n)
- plural
- tipsters
English Definitions:
tipster, tout (noun)
one who sells advice about gambling or speculation (especially at the racetrack)
tipster (Noun)
Someone who makes a living by studying the form of racehorses and selling advice on wagers to other punters.
Tipster
The term tipster refers to someone who on a regular basis provides information on likely winners in sporting events. In the past tips were bartered for and traded but in modern times, thanks largely to the Internet and premium rate telephone lines, it's increasingly likely that a tip will be sold. A tip in gambling terms is a bet suggested by a third party who is perceived to be more knowledgeable about that subject than the bookmaker who sets the prices. An individual following such tips would be "beating the bookie" by winning a greater number of times than the odds for each bet would suggest was likely, however, many tipping services are scam operations that play on the addictive nature of betting. Tipsters are often insiders of a particular sport able to provide bettors with information not publicly available. There are other tipsters who provide equally respectable results through analysis of commonly accessible information. Tipster is also a UK slang term for a person who gives information regarding potential news stories, particularly those involving celebrities, to journalists. Good tipsters use statistical based estimations and extensive research about the outcome of a game, and compare this estimation with the bookmaker odds. If there is a gap between the estimate odds and the bookmakers odds, the tipster is said to identify "value." When value is found, the tipster is recommending the bettor to place a bet on this match.
Tipster
A tipster is someone who regularly provides information (tips) on the likely outcomes of sporting events on internet sites or special betting places.
Citation
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"tipster." Kamus.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.kamus.net/english/tipster>.
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