Odds shown as:

Football Betting for Beginners: What is a betting bank and a points based betting system?

Using a points based betting system can allow a tipster to show his confidence in a selection through the amount of points they recommend
Using a points based betting system can allow a tipster to show his confidence in a selection through the amount of points they recommend

Ever wondered why when you see someone recommended a bet, it says how many points they are having on that selection? Well here at BettingOdds.com our man @AnthonyEadson is on hand to tell us exactly what a points based betting system is and why it’s used in the industry. 

What is a points based betting system? 

So you may have seen on twitter or when reading betting previews that a tipster may say how many points (pts) they are placing on that selection. E.G:

England to win - 3pts @11/10

By saying how many points they are placing on that selection it shows the followers how much confidence they have in that selection winning. For example if somebody says they are placing three points on something, it shows they would have a lot more confidence in that selection than something they have only placed 0.5 points on.

Another reason for not using monetary value and using points is so that all followers of a tipster can be on a level playing field, regardless of their stake. Not all punters like to bet the same amounts and a large portion of being profitable in this game can come down to structure and discipline behind your betting.

Using points allows all punters to place the same percentage of their betting bank on the recommended selection, regardless of their stake.

The benefits of a betting bank

  • Protection of your personal finances - By keeping your betting funds separate to your personal finances this ensures that you will never run the risk of ‘accidentally’ using money you had for bills or food. Problem gambling is a very real issue for some people and having a seperate betting bank can also help maintain emotional stability.

  • Control over your betting finances - Many casual punters would struggle to tell you the exact figure they are up or down over the last three months. Implementing a betting bank allows you to see your profit and loss (without the vulgarity of monetary values) and can allow you to track a certain tipster or see how a certain strategy is fairing. 

  • Reducing Risk - Consistency in your staking can also be a major factor leading to profitability in gambling. Punters throwing varied stakes on selections can often lead to losing track of how much you have spent. The control from a betting bank allows you to become more consistent and therefore reduces the risk of things getting out of hand.

It’s currently safer gambling week and if you would like to learn more about responsible gambling, you can do so here.

Premier League Betting

What is the value of 1 point for me?

So to decide what one point of your betting bank is worth, you first need to choose your opening figure. This could be how much you decide to deposit into your betting account, or how much you can afford to lose without impacting your bills that month or year even.

For this example let’s say your betting bank is £100

Tipsters and experts in the game often say that using 1% of your betting bank per bet is a good starting figure. So in this case 1% of our betting bank is £1. To find your one point value, divide your betting bank figure by 100.

This means that your 1 point value will be £1 (£100 divide by 100)

By using just 1% (1 point in this case) of your betting bank you are ensuring that you will not have to deposit again and that you are following the recommended points from the tipster.

Below you can see what bets would cost to the punter using £1, £5 and £10 per point examples.

Points Betting

Putting this into practice

So let’s say you’ve decided on your betting bank and for example’s sake it’s £100 so your one point value would be £1. You then see these three selections in a betting preview with the following point recommendations next to them:

England to win - 3pts @11/10

Jordan Henderson to be carded - 1pt @ 5/1

Harry Kane to score, Eric Dier & Kyle Walker to be carded - 0.25pts @ 40/1

So betting to a £1 a point your stakes would be:

£3 on England to win - 3pts @11/10

£1 on Jordan Henderson to be carded - 1pt @ 5/1

£0.25 on Harry Kane to score, Eric Dier & Kyle Walker to be carded - 0.25pts @ 40/1

If you were betting to £10 a point with a betting bank of £1000 your stakes would be

£30 on England to win - 3pts @11/10

£10 on Jordan Henderson to be carded - 1pt @ 5/1

£2.50 on Harry Kane to score, Eric Dier & Kyle Walker to be carded - 0.25pts @ 40/1

The betting points system allows all followers of a tipster to place the same percentage of their betting bank on the selections regardless of the stake. 

Stay Responsible

In today’s society, gambling is more present than ever before. Punters must ensure that they remain comfortable and in control of their betting habits and using a points based betting system and a betting bank is one way of helping maintain that.

Free Betting Offers
Advert Disclaimer
Bettingodds.com is a free online resource which endeavour to provide helpful and useful content and odds comparison to its visitors. Please be advised that Bettingodds.com accepts affiliate commission from the companies appearing on the site, and agreed commission levels impact the location and order in which the companies (and/or their products) are presented on the website. Any ratings that appear on this site is determined by our subjective opinion of the brand but also based on market share and reputation, each brand's conversion rates, commission paid to us and general consumer interest. Company listings on this page don't imply our endorsement. We do not feature all providers on the market. Except as expressly set forth in our terms and conditions, all statements and warranties regarding the information presented on this page are disclaimed. The information, including odds, which appear on this site is subject to change at any time.
Bet £10 Get £30 In Free Bets (APP Only)
#AD New UK, IE & Malta users only. Min. £10/€10 first deposit only using Debit Card or Trustly. Free bets expire in 90 days. T&Cs apply.
Bet £10 Get £30 In Free Bets
#AD 18+. Play Safe. New customers using Promo code H30 only, Min £10/€10 stake,  min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after  settlement of first qualifying bet, free bets will expire 30 days after  the qualifying bet is placed, payment method/player/country restrictions apply.
Bet £10 Get £20 In Free Bets
#AD Min stake £10. Min odds 1/2 (1.5). First bet only. Free bets expire in 7 days. Cashed out bets won’t apply. Payment method restrictions. Online UK customers only. 30 days to qualify for £20 in Free Bets. 18+. T&Cs apply
Bet £10 Get £60 in Bonuses
#AD New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
100% Up To £50 Welcome Bonus + 25 Spins
#AD 18+ begambleaware.org; New bettors get 100% of deposit up to £50; Once per household; Min deposit £15 (no Skrill/Neteller); Wager a total of 8 times deposit + bonus, with max qualifying bet stake equal to your initial bonus amount; Bonus expires after 60 days; Min odds of 4/5 on singles, or 2/5 per leg for acca; Some bet types excluded; Free spins validity: 7 days; Free spins max. winnings = £100; See full terms; Terms apply.
Bet £10 & Get £30 In Free Bets + £10 Bonus
#AD Promo code: 30FB • Min deposit £10 • A qualifying bet is a ‘real money’ stake of at least £10 • Min odds 1/2 (1.50) • Free Bets credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes not included in returns • Casino Bonus must be claimed within 7 days and expires after 14 days • To withdraw any winnings from the Casino Bonus, wager the Bonus amount 40 times within 14 days • Withdrawal restrictions, payment methods, country & Full T&Cs apply.
Welcome Offer
#AD Bet £10 & Get £50 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
Bet £10 Get £30 In Free Bets + 100 Free Spins
#AD 18+ New customers only. Opt in, bet £10 at odds 2.00+ within 7 days, no cashout. Get 3x £10 Free Bets, set events at odds 2.00+. Plus 100 Free Spins on Big Bass Bonanza, no wagering. Free Bets and Spins expire in 7 days. Card payments only. T&Cs apply. Please gamble responsibly.
Bet £20 & Get It Back As CASH If It Loses
#AD New customers only. Place your FIRST bet on any Football market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using cards will qualify for this promotion. T&Cs apply.
Bet £10 Get £30 In Free Bets
#AD Place a min £10 bet on the Sportsbook on odds of min 1/2 (1.5), get £30 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards will qualify. T&Cs apply. Please Gamble Responsibly
Get £35 In Free Bets
#AD Place a qualifying £25 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. A first free £5 fixed odds bet will be credited upon settlement of the qualifying bet. 4 x following £5 free fixed odds bets will be added to your account on consecutive days. T&C's apply, 18+ begambleaware.org