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Steven P 12:28 Thu Jan 24
Matched Betting
Anyone still doing this. Remember people were making about a grand a month on the side a few years back. The bookies must have wised up by now!

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Takashi Miike 1:35 Sat Feb 9
Re: Matched Betting
thanks, chelmsford

chelmsfordhammer 1:24 Sat Feb 9
Re: Matched Betting
Takashi, Im a member of a site . But basically what you do is sign up to a bookies/casinos to get the free bets or casino offers . You back and lay your initial bet for a small loss but then do the same with the free bet on offer, because its a free bet you're guaranteed a profit.

The site supplies you with a calculator that works out for you how much you have to lay for the bet. It also has a calculator for casino offers as well that tells you whether their worth doing. I pay 149 for an annual membership and roughly make about 2k a month now. Obviously the more bookies you belong to the more money you make , hence why what i make now is more than i made initially .

There are people on the site with multiple accounts for each bookie/casino making over 40k a year but for that they have to put in a hell of a lot of hours and have to have a large bank because although the bookie offers are guaranteed the casino offers aren't and you can have a massive losing streak on them.

If you need any more info just ask me and i'll try and answer.

Takashi Miike 12:37 Sat Feb 9
Re: Matched Betting
chelmsford, have you got a brief formula you could whomail me? no problem if you haven't

chelmsfordhammer 12:17 Sat Feb 9
Re: Matched Betting
Been doing it for two years now and have made about 25k, that’s a mix between actual match betting and casino offers.i have lost quite a few bookie accounts along the way though.

Mace66 11:38 Fri Feb 8
Re: Matched Betting
Mace66 5:27

Same on Villa Sheff Utd game tonight. Bet 365 paid out on Sheff at 2-0. Bookie and exchange bets win

Terrywait 6:40 Thu Jan 24
Re: Matched Betting
I see, might have a crack, cheers

Jim79 6:12 Thu Jan 24
Re: Matched Betting
So you are basically describing some sort of arbitrage trading rather than betting. Does that sound about right?

Mace66 5:27 Thu Jan 24
Re: Matched Betting
Heath - in the example, you win in the bookie and the exchange. If the 2 up / early payout doesn't happen it's a normal matched bet , win/lose in bookie .... lose/win in the exchange. If it does happen you can wait for a turnaround or cashout early in the exchange for an overall profit

Heath Hammer 5:23 Thu Jan 24
Re: Matched Betting
mace - in your example - your not looking to take anything out of a promotion amount (like a normal matched bet) just getting a risk free option on the 2 up win?

bobbymoore 5:21 Thu Jan 24
Re: Matched Betting
Mace66, I've pm'd you

Mace66 5:20 Thu Jan 24
Re: Matched Betting
As an example, Bet365 2 up offer - i won £1200 a while back backing Southampton to beat ManU for zero risk. ie. i'd backed them at Bet365 and laid the bet on an exchange ( similar to betfair but one with less commission) Southampton went 2 up, Bet365 pay out, game ends up 2-2.

Mace66 5:17 Thu Jan 24
Re: Matched Betting
Terrywait - it's not gambling, you have to totally forget gambling. It's risk free bettting and as for what to bet on, it depends what the bookie is offering ...

Mace66 5:16 Thu Jan 24
Re: Matched Betting
LJC - got your whomail

Terrywait 5:15 Thu Jan 24
Re: Matched Betting
Mace, out of interest, do you back clear favorites or just whatever you fancy? Just singles to win I guess?

LJC 5:14 Thu Jan 24
Re: Matched Betting
I think there is money to be made just not a lot. As in it will never overtake your main job, just a little extra cash on the side.

Mace66 5:14 Thu Jan 24
Re: Matched Betting
If you don't have any accounts, absolutely worth it

bobbymoore 5:12 Thu Jan 24
Re: Matched Betting
This is strange, I was only just looking into this last night and was thinking of posting on here today.

I've never opened any betting accounts ever. Just started researching into it.

Worth doing?

Mace66 5:06 Thu Jan 24
Re: Matched Betting
2Bob - yea it's broadly the same promotion. 365 pay out if your team goes 2 goals up. Will Hill pay out if your team scores the first goal.

LJC 4:56 Thu Jan 24
Re: Matched Betting
Mace sent you a mail mate

2Bob 4:37 Thu Jan 24
Re: Matched Betting
and Hthe golden goal promotions with hills

Mace66 2:29 Thu Jan 24
Re: Matched Betting
Yep, early payout

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