Dear Blogabet members,

 

Following the recent launch of the Automatic bet placement with Copytip we have received many requests for clarification how the Profit Share works.

 

When you copy a tipster from Blogabet the Profit Share fee in Copytip is fixed at 10% and it is ONLY paid from profit of new winning bets and if you so far have paid less than 10% of the total profit to the Tipster.  Basically every time a winning copied bet of yours is settled, the Copytip platform checks how much profit you have from this Tipster and how much profit share fee you have paid to him.

 

For example if you have made 200 EUR profit from copying the Tipster, but have only paid 10 EUR profit share so far, then the platform will charge 10% of  the winnings from the new bet to be paid to the Tipster so that your contribution is increased. On the other hand if you have 200 EUR profit and have already paid 30 EUR in profit share fees, you will not be charged this time unless your contribution drops below 10% of the total profit.

 

We recommend reading the dedicated FAQs pages in Copytip :

Does it cost me to Copy other users?

How much Profit Share tipsters get from Copiers?

What is achieved  Profit Share?

 

Blogabet Tipsters that wish to claim their 10% profit share from Copiers should register in Copytip and contact their support desk.

 

There are a small number of countries that are not allowed to register in Copytip due to legal requirements. For these Tipsters we will announce a separate solution in next weeks.

 

Kind regards,

Blogabet Team