Oddschecker made this declaration just three months after introducing the service in August 2024.
Oddschecker has discontinued The Betting Professor, its paid tipping service, after it failed and lost a lot of money.
Key takeaways:
Discontinuation of The Betting Professor: Oddschecker discontinued its paid tipping service, The Betting Professor, after it faced significant losses and backlash from customers due to unverified claims and poor performance.
Poor Performance and Lack of Transparency: The service, which launched in August 2024, failed to track its performance effectively, with many of its betting strategies resulting in significant losses, including a 92.70-point deficit, which raised concerns among its subscribers.
Shift in Strategy: Despite discontinuing the premium service, Oddschecker will continue to provide free advice on its website, focusing on more reliable and diversified betting content to better serve its customers moving forward.
Oddschecker faces backlash over Betting Professor’s claims.
Oddschecker made this announcement barely three months after launching the service in August 2024. It had advertised it as a unique benefit for customers who signed up for Oddschecker Unlimited, the company’s top-tier membership plan, which costs £19.99 ($25.75) a month.
The Betting Professor immediately piqued people’s interest with its audacious remarks and dubious tactics. It debuted as an unknown gambling whiz claimed to have won more than £20 million ($13 million) in the past, piqueing early interest. However, concerns arose quickly as many of these assertions could not be verified. Members quickly began to complain about the absence of clear records for tracking how effectively the program performed, a major oversight that caused consumers to lose trust.
A major concern was the lack of explicit bankroll management guidelines, which exposed many followers to the strategy’s high-risk betting volume.
Social media posts highlighted single successes but did not indicate the mounting losses occurring behind the scenes. These issues grew worse when bookmakers’ odds fluctuated dramatically, frequently prohibiting clients from betting at the quoted cost.
See also:
South Korean police discovered widespread underage online gambling
Grand Casino Lucerne builds a new photovoltaic system
Turkey detains celebrities in an illegal gambling operation
Oddschecker Shuts Down Service After 92.70 Point Loss
The issue worsened when financial records revealed large losses. On September 30, The Betting Professor’s official account on X (previously Twitter) tweeted an update saying they were down -92.70 points. The situation worsened. Losses increased even higher, with the overall profit and loss hitting a low of -170 points. Except for the most cautious gamblers, these figures would deplete practically all of their bankrolls.
Oddschecker decided to discontinue the service after viewing these outcomes. The Betting Professor discussed this, noting that while it still believed in the content’s potential, it had heard from customers that there were too many bets and stakes to handle.
Oddschecker has declared that it would discontinue the service in order to focus on items that are easier to run and can generate more revenue for consumers in 2025 and beyond.
Despite the discontinuation of its premium subscription model, The Betting Professor will not disappear totally. Oddschecker said it will continue to give advice on its website, albeit less frequently and for free. This adjustment is part of a larger goal to provide more trustworthy and diversified betting information, which will remain an important component of the site’s offerings.
Join us on all our social channels and groups
Gameongazette is present on:
