Posted 1st May 2017 By: para
We’ve decided to make some changes to the way the competition works on Tipify. We’ve seen it grow well over the last year and think now is the right time to take it to the next level.
Tipify has always made strides to ensure it get’s tips in for as many games as possible, but now we want to expand these tips to include match reports and predictions.
So from May onwards the new rules of the competition are as follows:-
We’ve decided to reintroduce the predictions showing up in the final hour before the start of the match to all users, prime users will still be able to view all content anytime. This is similar to how the site ran from June last year to March with the final 30 minutes being free to view.
Currently I’m the only one loading the match results and I know I’ve not been as on top of it as I should be, now this is in my spare time, I’ll admit I’ve struggled to fit it in. There’s also a host of other content that should be better kept up-to-date such as team profiles, logos, rosters, forum mod etc.
If you love Tipify and are keen to help contact us and we’ll set you up! It’ll be an awesome help for me and the community will appreciate it too.
Since the demise of csgolounge, we’ve been looking for ways to balance growing the userbase of Tipify alongside the revenue required to keep everything running.
Over the last few months there’s been a lot of change behind the scenes, most notably, that Tipify is back to being a hobby project for us (Para and Lex), the company structure still exists but we’ve found work elsewhere and will continue to run Tipify in our spare time. This is primarily to take pressure off of Tipify financially and just focus on growing the site.
We’ve now settled on the target of making Tipify a completely free-to-use website. With the hope of attracting the largest community of esports bettors anywhere on the web. We won’t be able to make this jump immediately (unless you’re a sponsor who wants to help fund the process 😀 ) so we’ll be making a gradual switch over the next few months bit by bit to lower costs.
Currently ‘Tipify Prime’ will remain unchanged and I’m hoping that the new tipster competition rules means there’s more good content to get your teeth stuck into!
Site now under new ownership
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When you first start out you’ll be tempted to try to bet as frequently as possible, don’t. Wait for matches with good odds where you or the predictors know the teams. Never force yourself to bet, bet on matches that you are confident in. You may go days or weeks without placing a bet, you’re not in a rush, wait for bets you are comfortable and confident in and profit should follow.
If there’s any uncertainty, don’t place a bet. Save your skins for another day. There will be plenty of other matches that you can bet on.
Betting is always risky, that’s unavoidable. But staying inside a ‘safe zone’ will help cover you off from some really silly bets. When starting out with a low inventory, large bets placed on matches with 80%+ odds aren’t going to return much in general (on lounge, even less due to the inconsistent returns) but you’re still risking a large amount of your inventory for very little.
Equally, odds below 30% sound very, very attractive with huge returns possible. But if you don’t know the teams or all the details, it’s very possible the team doesn’t stand any chance. If you think there might be a chance, reduce the size of the stake or consider an ICB.
Always bet with a percentage of your inventory. Think, what happens if you lose an ‘All in’ bet, do you stop betting for the rest of your life, or just get your wallet out and go again? You may think there’s no risk, however there is always risk. If you’re placing a high bet, stick to an absolute maximum of 20% of your betting inventory.
Always leave enough to bet another day.
If you’re feeling angry or frustrated, your judgement get’s very cloudy. You’ll make a stupid bet and lose. If you just lost a big bet or are on a losing streak, instead of trying to force a bet, you should take a step back, calm down and just take a break, come back refreshed with a fresh mindset.
Betting blind is a purely relying on luck, if the underdog odds are 30%, that definitely doesn’t mean the team has a 30% chance of winning. It just means 30% of the betting community chose that team. A late roster change could mean there’s zero chance for the team to win. Check in with our predictions to help give you some more background on the game.
Use the lounge odds tracker to predict the final odds as the start of the match get’s closer. If the odds are increasing/decreasing for the team you intend to bet on the return may not outweigh the risk anymore. A huge significant switch of odds at the last moment may mean that something shady is going on, mostly in very low tier games, or a sudden announcement, E.g standin may have occurred.
Bookies will put up their odds based on their own expectations, as the bets start coming in they'll tweak the odds to ensure it's still profitable for them. That early stage is key to getting an edge on the bookies.
As soon as you feel like you have to bet again to recoup loses, you’ll feel compelled to make bigger bets with bigger risks. This often starts an endless cycle driving your losses further and further. Instead, after a big loss, take a day off from betting (or a week if was really big). .Keep to the proper bet sizing based on the risk of the match no matter what. You are not in a race to win it back, just take it easy.
Do not blindly follow betting site odds and think that they are correct to the true odds. If a betting site has ‘Team A’ as a heavy favorite, it does not always mean that it’s an easy win for ‘Team A’.
SK beat Na’Vi… Na’Vi beat E-Frag. That means SK can beat E-Frag now, right? No.
There are many factors which contribute to the team winning a match, these factors such as player performance, map selection, strategy and tactics which may not apply to other teams.