Steven P 12:28 Thu Jan 24
Matched Betting
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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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Replies - Newest Posts First ( Show In Chronological Order)
Takashi Miike
1:35 Sat Feb 9
Re: Matched Betting
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thanks, chelmsford
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chelmsfordhammer
1:24 Sat Feb 9
Re: Matched Betting
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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.
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Takashi Miike
12:37 Sat Feb 9
Re: Matched Betting
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chelmsford, have you got a brief formula you could whomail me? no problem if you haven't
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chelmsfordhammer
12:17 Sat Feb 9
Re: Matched Betting
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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.
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Mace66
11:38 Fri Feb 8
Re: Matched Betting
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Mace66 5:27
Same on Villa Sheff Utd game tonight. Bet 365 paid out on Sheff at 2-0. Bookie and exchange bets win
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Terrywait
6:40 Thu Jan 24
Re: Matched Betting
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I see, might have a crack, cheers
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Jim79
6:12 Thu Jan 24
Re: Matched Betting
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So you are basically describing some sort of arbitrage trading rather than betting. Does that sound about right?
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Mace66
5:27 Thu Jan 24
Re: Matched Betting
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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
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Heath Hammer
5:23 Thu Jan 24
Re: Matched Betting
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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?
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bobbymoore
5:21 Thu Jan 24
Re: Matched Betting
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Mace66, I've pm'd you
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Mace66
5:20 Thu Jan 24
Re: Matched Betting
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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.
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Mace66
5:17 Thu Jan 24
Re: Matched Betting
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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 ...
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Mace66
5:16 Thu Jan 24
Re: Matched Betting
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LJC - got your whomail
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Terrywait
5:15 Thu Jan 24
Re: Matched Betting
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Mace, out of interest, do you back clear favorites or just whatever you fancy? Just singles to win I guess?
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LJC
5:14 Thu Jan 24
Re: Matched Betting
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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.
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Mace66
5:14 Thu Jan 24
Re: Matched Betting
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If you don't have any accounts, absolutely worth it
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bobbymoore
5:12 Thu Jan 24
Re: Matched Betting
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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?
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Mace66
5:06 Thu Jan 24
Re: Matched Betting
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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.
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LJC
4:56 Thu Jan 24
Re: Matched Betting
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Mace sent you a mail mate
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2Bob
4:37 Thu Jan 24
Re: Matched Betting
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and Hthe golden goal promotions with hills
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Mace66
2:29 Thu Jan 24
Re: Matched Betting
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Yep, early payout
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