¿How much could i charge for this service?

MrDenz said:

I bet a lot when I was younger, nothing special, but I followed all sports events, I follow sports even today and I always thought about projects like this, whether it is possible to make money this way because I saw people who promoted anything and everything, but I didn't buy it as it was always "looking too good to be true".

I'd rather invest in this than cryptocurrencies, that's my 2 cents so, I'd be interested honestly, I'd like to test for a while and see the results in the long run, and a smart investment.

Regarding your question, how much can you sell for, people will ask for some evidence, something a little bigger...

So, I'm not sure to be honest, if you had some solid history, at least 4 digits of profits per month, we could talk about "how much to ask for".

At this point, it's just another "betting tool" that needs to be worked on.

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rxnaldo said:

First of all, thank you for your response mate!

I dont know if i misunderstood the answer a little, but i want to sell daily alerts, not the tool (bot)

And yes, i think you are 100% right about the solid history/evidence of the profitability.
My idea is to try it for a few months and adjust the parameters a bit, because although in 10 days i have gotten a lot right,
it seems to me that the bot continues to mark some bets with a higher probability of being right than there really is.

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MrDenz said:

Yes, my mistake, but all in all I would agree with you, as I wrote, it takes a lot of time to set everything up, test, get some positive history, etc.

You can try to slowly build networks for near future, maybe even start with a website, so you don't lose too much time, I mean, if you have a plan and time to work on this project for some time, for example, Twitter, FaceBook, Instagram, I don't know what works well for similar things, but I believe that other platforms can be used for some free advertisements such as transfermarkt and others.

Slowly build your network, and share something every day, add some of your thoughts, that's why it's best to start with the site right away and slowly build everything at once.

This topic will always be in demand, so, with testing, you can slowly build a website and networks around you and simply start the action process and at the same time you will learn some new things every day.

Advice for the price, it's easy to get what you want once you get people interested, once they see the thing is working...

First, (this is what I will do) give people something for free, or, simply do it for free for the next 6 months or so, after that period you can easily start with "some membership", they can pay you daily, weekly, each month or yearly or however you want.

I hope you will do well with this, and that you have enough will, faith, and time, as well as patience.

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zotix said:

Betting tools are everywhere. As long as you have a track record of evidence that it is not faked and a good success rate, promotion, etc., you can charge whatever you want, as long as it is not a crazy number.
Try.

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zotix said:

If you are promoting this Service indirectly, it is better.

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zotix said:

And consider Betting, Gambling, etc. Most of the People doing this have statistical financial issues. So please do me/yourself a favor and only sell things that you would at least use yourself.

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rxnaldo said:

Hey bhw members!
First of all, i dont want to sell anything or promote anything, so if someone contacts me via PM for something related to this i will report it to the moderators.
Sorry if that sounds rude, but i dont want to be banned because of anyone, nor to question my intention in making this purely informative post and to receive your help.
Now, lets start.

I have a bot that hunts valuebets in different bookmakers,
which i can filter by countries, excess value, and estimated probability of success.
If you dont know what valuebets are, this is what chatgpt says:

"Value bets are bets placed when a bettor believes that the odds offered by the bookmaker are more favorable than the actual odds of the event in question.
In essence, it's betting when there is perceived intrinsic value in the bet, meaning that the odds offered by the bookmaker are higher than they should be based on the real probability of the desired outcome occurring"

To test the results of the bot and see if it works, 10 days ago i decided to use it for 1 month with a bank of $100 and track the results using an excel.
At the moment in the first 10 days i have these results: 24 hits, 13 misses, 1 void bet = 20.89% profit & 15,17% yield

View attachment 335037
Starting today and until the end of the month of testing, i will filter out the bets that have at least a 55% or 60% chance of hit.
This will make me less money in the short term, but i will have fewer lost bets although the bot already seems to be profitable.
The idea is to have profits and a high probability of success in the long term, so i will have to adjust certain parameters.

Watching the telegram tipsters, i have seen that they ask for really crazy prices and some are not even profitable..
Assuming the results that i have obtained in just 10 days, and that with luck and some adjustments i can make it even more profitable in the long term,
¿how much do yall think i should charge if i create a daily alerts telegram channel?

My idea is to do more tests before selling the service and make sure that the bot is really profitable,
and at the same time look for a fair price for the people who pay for it and find it worth it.

And above all, make it clear to them that the bot can be profitable (or at least for the moment) only if they follow the instructions that i would send in the channel
For example, if the bot tells you to bet 2% of the bank, BET ONLY 2% OF THE BANK.
And dont think that by hitting 5 bets in a row you are going to get the next one 100% right and put 10% of the bank...
I say this because the profit that i show in the excel was even greater, but as you can see in the excel, there are 2 days with bigger losses than usual..
Thats because i lost 2 "big" bets, which the bot marked as very high probability of hit.. and out of greed i decided to put more money than the bot itself indicated as recommended.

I await your answers on how much it would be fair to charge users per month to have daily alerts,
all this if i can verify that the bot is profitable in the long term by testing it for at least a couple more months, and not just this month.
Thanks in advance!!!

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HenryObi said:

I'm not an expert on betting or any form of gambling, but at the end of the day people would only pay for something if...
1. They truly need that service (i.e they're target audience)
2. It truly works.

Approach experts who bet a lot and offer them a trial then ask then after the result, ask them how much they'll realistically ne willing to pay for something like that. You should get an idea from that.

By the way, from my experience most gamblers want the big wins immediately. Even though those percentages are nice especially if you want to gradually compound your winnings. Many would feel they could do better without such a tool.

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Nessuno said:

I'm not an expert in that field, but for money making tg groups, the price needs to be a non deal breaker. Something that is lower than the perceived value of your service. So I would start at a lower range like 24$/mo then increase as you grow members and you have more social proof. Each few month you increase the price.

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rxnaldo said:

$24?????
Dont you think its a lot? Honestly i was thinking $10 or maybe $15 a month hahaha
Think that i would send them 5 alerts every day and maybe there are people who want to join with a low bank just to try...
I dont know, i will see how i could do it, thanks for your answer anyway bro!!

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Nessuno said:

No I don't think it's a lot mate, because I know real life examples in other domains (crypto, ofm etc) where there entry point is that.

You have to think deeper than just alert. People also pay to join a community of like minded people. You can also provide value like tips, how to manage bankroll, throw some sucess proof.

In reality your starting point doesn't matter. But 20+ doesnt feel too cheap, and also it attracts people who can spend at least that. Then, also anyone from a T1 country, then it's not that much to worry about it.

so let's say you have 100 members it's $2400 then, once you'll have surely people sharing success stories, having bigger bankrolls. You can promise lifetime pricing for first ones. Then you can increase to $49, $79. and so on.

You'll have your day 1 members that bring $2000+ then you'll need less a less new members to make more.

Once you have a group that is big enough, you simply create a "whale" group with bigger bankrolls for more. They have to send proof of bankroll to get in.

Think of it as more of a community than just your bot, and you'll make more. Bot is just 1 of the many things you can provide

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