Matched betting - who's done it and who's good at it? (No Referrals)

Lethal` · 27 May 2011 at 11:33

Marky said:
How do you have a years worth of offers? At the moment I've done three offers on Fixtheodds and they will be done by the start of next week - I can see me finishing all the offers in a month

Fixtheodds doesn't have many offers, best off doing it manually

jaybee · 27 May 2011 at 11:44

Can someone post a truthful account of how much time per pound is at play here? I'm sorry to be such a stubborn **** but I simply don't believe some of the claims of "yeah I made a few grand on this over the years". Post your evidence, spread sheets etc. If it takes half an hour a day to make say £20 a week, I'm out. Would be better paid doing overtime at work or getting a second job.

Koalaboy · 27 May 2011 at 12:26

jaybee said:
If it takes half an hour a day to make say £20 a week, I'm out. Would be better paid doing overtime at work or getting a second job.

Assuming your job doesn't require you to pay any tax

knowlton · 27 May 2011 at 12:39

Marky said:
How do you have a years worth of offers? At the moment I've done three offers on Fixtheodds and they will be done by the start of next week - I can see me finishing all the offers in a month

You have to remember that..

a) Fixtheodds add (and remove) offers on a constant basis as bookmakers add more - they publicise this on their Twitter page

b) Bookmakers will sometimes send you 'reload' offers just for you. You can do those as well (you would just email their support to get it set up)

c) Once you've done UK offers, you can do offers in Euros

Again, don't give up your day job with this - but it's certainly something that can give you a lot of extra cash!

knowlton · 27 May 2011 at 12:44

jaybee said:
Can someone post a truthful account of how much time per pound is at play here? I'm sorry to be such a stubborn **** but I simply don't believe some of the claims of "yeah I made a few grand on this over the years". Post your evidence, spread sheets etc. If it takes half an hour a day to make say £20 a week, I'm out. Would be better paid doing overtime at work or getting a second job.

Well I spend an average of 15-20 minutes on each offer..

The return could be as low as £8 for some offers and £160 for others. Just taking those examples - you're taking about £24 to £480!

The first offer will always take the longest if you've never done it before. It must have taken me 30 - 40 minutes to begin with as I was double, triple checking - all for £8 (I went for the lowest offer to test the water).

Again, you're not going to be able to retire early on this - for example, I only do it in my spare time when I have a moment, but it's still extra money which you've never had before!

jaybee · 27 May 2011 at 13:04

Ok next question, what about gambling accounts showing up on your credit history and stuff?

HAz · 27 May 2011 at 13:11

Boring, waste of time, make loads more money getting a good job....

Marky · 27 May 2011 at 13:13

jaybee said:
Ok next question, what about gambling accounts showing up on your credit history and stuff?

I'm about 99% sure that game sites don't affect your credit score.

knowlton · 27 May 2011 at 13:21

Marky said:
I'm about 99% sure that game sites don't affect your credit score.

I'm sure too - you deposit your money anyway - nothing is on credit.

Nevertheless, tip from none other than Martin Lewis: Credit ratings don't black list you or label you as a risk - they simply show how profitable you are to them.

See: http://www.moneysavingexpert.com/loans/credit-rating-credit-score

knowlton · 6 Jun 2011 at 10:29

Sorry for the lack of posts recently - Been busy moving house!

Quick update: Made £32 profit last weekend with two £25 offers. The football season seems to be winding down, so the selection of matches seem to be limited - though there are still matches out there (mainly in Europe).

On another note, has anyone actually received any 'reload offers' recently? If so, from which bookmakers? I often get some from bookies, however they're often specific to matches, for example Man U vs Chelsea... Hence, they're very limited as betting exchanges might have unfavourable odds...

ryan123hanna · 6 Jun 2011 at 17:11

Hey guys

Gave this a go and just signed up to fixtheodds.com

Followed the process and signed up to betfair and went for the £30 deposit ladbrooks offer.

Deposited the money and then flowed the steps to where it automatically checks the markets.

‘we are sorry’ is what I get after that!! Haha

Apparently it has checked all the valid markets

WHAT NOW??

knowlton · 6 Jun 2011 at 17:48

I would keep trying - it's not unusual.

Sadly this is what happens as it's not footie season. During footie season they give you dozens of markets (for obvious reasons).

You could also email their support (they're pretty good for a free site) and see what they say?

ryan123hanna · 6 Jun 2011 at 18:10

ye will do that

cheers

Lethal` · 6 Jun 2011 at 19:19

knowlton said:
On another note, has anyone actually received any 'reload offers' recently? If so, from which bookmakers? I often get some from bookies, however they're often specific to matches, for example Man U vs Chelsea... Hence, they're very limited as betting exchanges might have unfavourable odds...

I've had probably about £80 worth (lots of £5 and a couple of £25) from BlueSQ since I signed up in February. Really need to find time to complete other offers though.

Made £45 with Bwin last week, and £20ish to come from Totesport this week.

Azza · 6 Jun 2011 at 19:28

Went to do it today using the Paddy Power offer but when I went to deposit into Betfair it wasnt having any of it!

I hate HSBC such a pain!!

digipeep · 6 Jun 2011 at 21:47

Been doing Match Betting myself for several years. Bookies were much more generous with offers in the past, it's far more difficult to make decent money nowadays doing this because the offers simply aren't there to the extent that they were.

Saying that I do more +EV stuff nowadays rather than just risk free match betting and I'm also Arb the bookies as much as I can with my ungubbed accounts.

If you are prepared to put in 4/5 hours a week it should still be possible to make a couple of grand withing a couple of months.

knowlton · 9 Jun 2011 at 09:30

Sorry everybody - I was temporarily suspended after unintentionally posting a link to a competitor's product (an external cooling fan for laptops) - even though I'm pretty sure OC doesn't sell it anyway!!

Anyway, I've only made £17 in the past few days - FTO seems to indicate that the markets are sparse, which I suppose is expected as it's not football season as well as being seriously busy...

With regard to Betfair / HSBC - I'm surprised as I'm with HSBC too - which went through without any hindrance!! Were they asking for validation?

knowlton · 13 Jun 2011 at 13:57

Update: Haven't been doing matched betting over the weekend - Been spending my profits with a city break to Paris!

My strategy has always to 're-invest' my profits, however given the trip, I'm going to withdraw from Betfair and come back to this once my credit card bill has been paid off!

Lethal` · 13 Jun 2011 at 19:56

Yep, haven't spent any of my profits yet

Kezmo · 13 Jun 2011 at 20:18

did this back in 2007 along with a casino black jack bot that was well worth the £90 out lay, cleared 5k credit card debts. Just moved house and am looking to get back into all be it with the girlfriends details