Soldato
Just a thought - if you tell - say - bet365 to delete all your data under the GDPR rules and then open another account if it is gubbed from the start then surely they haven't deleted all your data and you can get them fined?
Matched betting - who's done it and who's good at it? (No Referrals)
- Thread starter knowlton
- Start date
No we each went with our own stakes according to our circumstances and kept our our profits. We had a WA group and password to gain access to the software which we could all update as and when we could get to the bookies and availability of coupons. Some times it was just a case of photocopying the coupon and uploading it asap (straight from the bookies). Thing was though the assisants got to know you pretty well cos you were putting on decent stakes rather than digging in your pockets for change like the majority of punters. In the end I didnt have enough local books to make it worthwhile the hassle of getting there in time to place the bets before the books pulled the odds and I had a wasted journey.
I thought an arb was just a discrepancy in odds between bookie and exchange creating a profitable solution for the punter. Dutching is covering all the possible outcomes of the race/match etc (like backing all horses in the race or backing win/lose/draw in footy). Sometimes adjusting the stakes so 2 of the outcomes result in break even leaving the preferred outcome with all the profit
Cant they keep your details for 5 years or something with inactive/closed accounts ? I have no accounts left so I just straight up gamble these days in the bookies and its a lot less time consuming or stressful. Annoying though cos dont get the free bet with one loss on my accas (which happens quite a lot and thanks Brentford this week )
Soldato
Thats not how GDPR works.
Companies are well within their rights to keep aspects of your data providing they have good reason for doing so, and i'm pretty sure what you described doing above is exactly why they would be keeping parts of your data.
It can be the result of that or indeed between two or more bookies etc..
No, Dutching is simply the method of backing more than one outcome so that the return (in the event of a win) is the same regardless of which of those outcome wins.
If you're adjusting the odds to favour one outcome as you described there then that isn't Dutching. You can make use of dutching to cover all outcomes (as per matched betting or arbitrage).
But could also just be using it to back two or more horses or back all selections apart from one in order to construct a lay - this is supposed to be where the term originate - a gangster called Dutch Schultz used to lay horses by backing the others:
https://www.goalprofits.com/what-is-dutching/
Another explanation here:
https://www.aceodds.com/what-is-dutching.html
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Caporegime
Yep, however if you change your name by deed poll, have a different bank account/card and address, you might be able to set up anew.
It isn't a bet type that you'd find on a list of bet types.
There is a link to a wiki article in the first post, that gives you a brief explanation of it.
Soldato
Going to get back into Matched betting when i get paid at the end of the month, Anything i should do before diving in again, i done 85% of the sign ups on the sports betting im guessing theres probably more thats been added, shall i do them?
very little around unless your willing to really grind for it. The best days are long gone. Money can still be made but not really on the signups any more.
Soldato
Soldato
- Joined
- 22 Nov 2007
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- 4,093
Ok so just starting out with this but i am a jt confused. Goal is to make 1-200 a month.
On smarkets i put £5 against Charlton(v preston). Initially this shows the return is 34.99 and a liability of 29.99. Ok, so when i go to place a bet its saying i have to bet 29.99 and not 5.
I go to sky bet and the odds on charlton to win are 5/1. So how could i make any profit in this example?
is it only viable with free bets? Over the years ive signed up with the majority of bookies so im screwed there.
On smarkets i put £5 against Charlton(v preston). Initially this shows the return is 34.99 and a liability of 29.99. Ok, so when i go to place a bet its saying i have to bet 29.99 and not 5.
I go to sky bet and the odds on charlton to win are 5/1. So how could i make any profit in this example?
is it only viable with free bets? Over the years ive signed up with the majority of bookies so im screwed there.
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Soldato
- Joined
- 22 Nov 2007
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- 4,093
Difficult to make a guaranteed profit then without free bets.
Well yes... I dont think you quite understand matched betting I would advise doing some more reading before you end up losing money.
Don't start betting MB'ing until you're confident with the process. Loads of good tutorials out there.
You're generally trying to trigger a free bet offer by meeting the terms of the bookies promotion. You'll usually lose a small amount on the qualifying bet then make some back on the free bet.
That's the whole point of matched betting, it's quite fundamental.
You are trying to extract cash from the free bets, the hit you take on qualifying for a free bet is the QL.
I'd do some more reading as the last thing you want to do is lose out money by missing a key step.
Soldato
- Joined
- 30 Sep 2005
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- 16,546
What's the term used when a qualifying bet turns a profit? The one the bookies really hate and will more than likely get you gubbed.
It's bugging me, that's all.
It's bugging me, that's all.