Oddschecker Pulls the Plug on The Betting Professor After Financial Fiasco

Alfie Beeching
Author:
Fact checker:
Published:
Oddschecker Pulls the Plug on The Betting Professor After Financial Fiasco
3 min

Oddschecker has officially discontinued The Betting Professor, a paid tipping service that led to substantial losses and customer complaints. This decision marks a significant shift in the company’s strategy.

Key takeaways

In recent months, the buzz around The Betting Professor, an ambitious project by betting comparison giant Oddschecker, transitioned from excitement to scepticism and disappointment. Launched in August 2024 as a premium feature of the Oddschecker Unlimited tier—a subscription model charging £19.99 per month—The Betting Professor promised unparalleled betting insights. But what began with a bang ended with a whimper, culminating in the service’s shutdown three months post-launch.

A Rough Start for The Betting Professor

The early hype surrounding The Betting Professor was palpable. Advertised as the brainchild of an unnamed gambling genius with over £20 million in wins, it certainly piqued interest. However, red flags appeared quickly. The service’s audacious claims and unconventional methods raised eyebrows, particularly as these assertions remained unverified. Subscribers’ excitement turned to frustration as the promised transparency and performance failed to materialise.

One significant issue was the absence of clear guidance on bankroll management, a critical aspect of any sports betting strategy. This oversight left users vulnerable to The Betting Professor’s high-volume betting approach, escalating the risk of substantial losses. The situation was further aggravated by inconsistent odds across different bookmakers, often leaving bettors unable to secure the advertised prices. Social media posts highlighting selective wins could not mask the mounting losses hidden from public view.

The Betting Professor Downward Spiral

The scepticism seemed warranted when, in late September, the veil was lifted on the service’s performance. An eye-opening disclosure on X (formerly Twitter) revealed a staggering -92.70 point loss, a distressing figure that only worsened over time, eventually reaching -170 points. Such devastating losses would challenge even the most disciplined gambler’s bankroll, confirming many subscribers’ worst fears.

Oddschecker’s decision to terminate The Betting Professor was inevitable in light of these revelations. Despite the service’s confident claims about its future potential, feedback from disenchanted users about the unsustainable betting frequency and stakes could not be ignored. Moving forward, Oddschecker has announced a shift towards more manageable and profitable ventures, with an eye on 2025 and beyond.

What Lies Ahead for Oddschecker?

Though The Betting Professor’s paid service has been consigned to history, its legacy will linger in a different form. Oddschecker intends to keep the brand alive by offering tips less frequently and, importantly, for free. This pivot is part of a broader strategy aimed at fostering a more trustworthy, varied betting insight ecosystem—an acknowledgement, perhaps, of the values that should have guided The Betting Professor from the start.

The saga of The Betting Professor serves as a cautionary tale about the perils of unchecked ambition in the online betting industry. For Oddschecker and the wider betting community, it’s a stark reminder that credibility and customer trust, once lost, are hard to regain. As the dust settles, the focus shifts towards rebuilding and learning from this costly episode.

Back to overview
Alfie Beeching
Alfie Beeching Betting Expert
18 Articles 0 Reviews

Alfie Beeching is a recognized voice within iGaming, especially when it comes to sports betting. With his 13 years of experience from the industry and incredible knowledge about everything related to sports, he is a powerful resource for our website and our readers.

Read more about the author

Latest news

Last updated: 15 November 2024