Pitfalls of Buying Sports Betting Picks

Published on: November 18, 2023

Updated on: August 29, 2025

Category: Advice & Tips

Pitfalls of Buying Sports Betting Picks - Square Bettor

The following post explores the pitfalls of buying sports betting picks from so called ‘experts’.

Betting touts make money by selling you their top picks. While it may be tempting to buy picks from so-called experts, the harsh truth is it may end up costing more than you bargained for.

Read: Flat Betting For Wagering Success

Related: How to Avoid Late Night Slumpbuster Bets

Before giving them your credit card number, consider the potential drawbacks and pitfalls associated with purchasing picks from betting consultants.

Here’s what you need to know about the pitfalls of buying picks.

Overview

Betting consultants (AKA touts or tipsters), sell picks to sports bettors. These are the ones that market their plays as a surefire winner every single time. For a full definition, see how Wikipedia defines a tipster.

No Guarantees

Buying sports betting picks does not guarantee success. Just because someone claims to be an expert does not mean that their picks are accurate. If you’re relying on someone else’s picks, you’re essentially gambling twice: first on the pick itself, and then on your ability to manage your bankroll if the pick doesn’t pan out.

Buying Sports Betting Picks - Blog - Square Bettor

Expensive

Some services charge hundreds or even thousands of dollars for picks – on top of the money you’ll be wagering. This can quickly eat into your profits, especially if they aren’t hitting at a 60%+ clip.

Unsustainable

It’s easy to fall into the trap of thinking that you need to pay for picks. This can create a dangerous cycle where your betting depends on continual purchases rather than developing your own skill.

Lack of Accountability

When you rely on someone else’s picks, it’s easy to blame losses on the expert. While this may feel good in the short term, it can create a sense of entitlement and reduce your personal responsibility – a key ingredient for long-term betting success.

Transparency Problems

Many pick-selling services highlight their “big winners” while quietly ignoring or deleting losing picks. Others advertise inflated winning percentages that don’t stand up to scrutiny. Without full transparency and an independently verified track record, it’s impossible to know whether you’re buying genuine expertise or just clever marketing.

Red Flags to Watch For

  • Claims of 60–70%+ winning rates (extremely unlikely over time).

  • “Lock of the Year” or “Guaranteed Winner” language.

  • No proof of long-term results.

  • Heavy pressure to buy premium or VIP packages.

Better Alternatives

Instead of spending money on touts, consider:

  • Tracking your own wagers to build discipline and confidence.

  • Studying line movement and public betting percentages to understand market dynamics.

  • Seeking out free resources, forums, or stat-based models that explain the why behind plays, not just the picks.

Conclusion

In conclusion, paying for picks usually benefits the seller more than the buyer. Sports betting is challenging enough without giving away part of your bankroll for advice that may not outperform your own analysis.

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