Jimmy Boyd in 
Professional sports bettors lead a stressful life.
They depend on their wins and losses to earn enough profit to make a decent living for themselves, and often times, for their families as well.
Some of these cappers make the decision to sell their picks, but a lot of people look down on the tout industry. They think if you are good enough at betting you shouldn’t need the income from pick selling to earn.
However, I think there are a lot of valid reasons for pros to sell picks to the public. Let’s take a look at a few of the reasons here.
Selling Paid Sports Betting Picks is Guaranteed Income
Sports betting, by its nature, is fraught with uncertainty. Regardless of how skilled a bettor is, there is always the element of unpredictability in sports, which could mean losing streaks even for the most seasoned experts.
Selling picks, however, offers a steady and predictable stream of revenue. Customers pay a fixed fee or a subscription for access to a professional’s picks, ensuring that the expert has a consistent income, irrespective of the outcomes of the games.
Helps Avoid Going on Tilt
This can help the bettor to avoid going on tilt when losing, keeping their cool and helping everyone get back on track. You won’t get as many hasty bets or wagers that aren’t well-thought out. The service can be more strategic in their betting choices and keep a clear head in chasing long-term profitability instead of short-term gains.
Diversifies the Bettor’s Income
Everyone wants to diversify their income streams and guys who wager for a living are no different. Some might get into real estate or other businesses, but selling sports picks is another easy way to do it. It’s probably not the best reason, since winning bets and winning picks given to customers are highly correlated, but it’s better than nothing.
It can also help increase a bettor’s income if they are getting limited by the sportsbooks.
Helps Earn with a Smaller Betting Bankroll
Not everyone who can win in sports betting has a large bankroll.
If you are starting out with a low six-figures bankroll and are using smart money management practices, you aren’t wagering a lot on each game.
If you did you would risk going bust.
Winners without the luxury of having millions to work with can bet appropriate amounts, then earn a little extra to help build the bankroll by selling their picks.
If the handicapping services re-invests their pick profits into their bankroll, they can bet larger and larger amounts.
Building a Sports Handicapping Brand Name
Professionals who sell their picks often provide a track record of their past performance.
They can use the exposure to build a brand and get their name out there. This not only instills trust among potential customers but also helps establish the bettor’s reputation in the market.
Over time, as followers witness the efficacy of the picks, it leads to word-of-mouth recommendations, further expanding the expert’s customer base.
That could be more customers purchasing their predictions, but also betting partners who can get more money down for the handicapper. Some experts even go so far as to give out daily free best bets to get as many eyeballs on their product as possible.
There are thousands of local books out there that take action. It’s very difficult to get access to these books because they operate in the underground.
If a handicapper can establish himself as someone who wins, customers from these operations can reach out to work directly with the expert in exchange for part of the profits. This lets them shop around in more places for better odds, and increase their limits.
Niche Markets: Specialized Knowledge for Specialized Gains
Some handicappers specialize in niche markets, perhaps lesser-known sports or leagues, and thus have limited betting opportunities. These markets might have less betting liquidity or stricter limits on wagers, meaning even if a handicapper has a solid pick, they can’t wager as much as they’d like.
Selling these picks can thus compensate for those limitations. The gambler gets as much money down as they possibly can, then releases the information out into the world so his followers can also get in on the action.
Why BoydsBets Only Works with the Best Bettors in Sports
There are a lot of bad tipster services out there.
That’s why we find only the best sports handicappers in the world to list on our site. We track their records, put everything out there in a transparent way, and do our best to make sure our customers come out on top.
If you want some help in winning this season, look to buy sports picks on our site from the top guys in the world!
And if you are a bettor who is looking to get into the tout industry, shoot us an email to see if we would be a good fit.