FAQs

What is Betool?

• Betool is the 1st tipster application. It is not a betting application, nor a commercial one. It facilitates the publication of betting tips on its operator's website.
• Betool is a highly sophisticated tool that treats betting as an investment and not as gambling.
• 98% of bettors are losing and they need help to start making profit.
• Betool is creating a series of analytic reports, so everybody can choose who's tips to follow.

How does it work?

• User needs to have an account.
• User logs in the account and starts entering his tips.
• On the left hand side of the screen, user defines the date, stakes and bookmaker.
• On the right hand side of the screen, user defines the Sport, Country, Tournament, Date, Participants, Market, Outcome and Odds of his tip. If he so wished he can enter a text as well, analyzing his tip.

Are there any statistics regarding the tipsters?

• Of course there are. A series of statistics, analyzing the tips of each tipster. Furthermore, deeper analytic tools indicate tipster's efficiency.

How do ROI, Profit, Average Odds και Success Rate are being calculated?

• ROI: ROI stands for Return Of Investment. ROI = Returns (Stakes+Profit)/ Stakes
• Profit: Profit stands for the net economic result of the tipster.. Profit = Returns - Stakes
• Average Odd = Accumulated odds / Number of picks
• Success Rate = Total successful picks / total picks.