I'm sick of emailin 20+ members so here it is......MATCHED BETTING by anksta

Arcade Fire said:
I do concede that there's a difference between understanding the basic principle, and being confident enough to go away and implement it. But really, implementing the system is just following an algorithm, and a machine could do that. You don't need to understand the system.

I guess what people feel nervous about is implementing a system without being convinced that it will work (because they don't understand the principle).


Thats exactly what people are nervous about.


Anyone else thinkin about havin a go?
 
anksta said:
Can I just ask how many people are really considering doin this?
I'd consider doing it if I could get hold of some figures which showed how much money I'd be making for (say) each hour I put into it. If it's really £30, as the website claims, then I'd probably do it (hey, got to make use of that interest-free overdraft sometime right?!) but I doubt that it is.
 
are we screwed if the match is a draw then :p

i dont really understand it fully at the moment

very intrested in giving it a go though
 
andy said:
are we screwed if the match is a draw then :p

i dont really understand it fully at the moment

very intrested in giving it a go though

Thats the only thing I am wondering, the actual concept is pretty simple as AF says but what happens if a team draw? Surely you bet in one place for the team to win and one place for it to loose, which evens you out, but it doesn't take into account a draw.

I suppose something like tennis it would be right but with football there is a pretty high chance they can draw.

(I have never bet before so don't really know how the ins and out of betting.)
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i jsut worked it out lol

you can bet on for example

bet man utd not to win

then on the other site bet them too win

i think ?????
 
andy said:
are we screwed if the match is a draw then :p

i dont really understand it fully at the moment

very intrested in giving it a go though


no because on betfair you lay a choice instead of backin it, so if you lay United to win, that means you're betting United don't win, i.e. lose or draw then you win.

Arcade Fire said:
I'd consider doing it if I could get hold of some figures which showed how much money I'd be making for (say) each hour I put into it. If it's really £30, as the website claims, then I'd probably do it (hey, got to make use of that interest-free overdraft sometime right?!) but I doubt that it is.


In terms of consecutive time, you couldn't make £30 an hour, but it takes me less than an hour in total to make around that. I can join a bookies, find and place qualifying bets in under 15 mins easily then maybe 20 for the free bet.

The spreadsheet I posted has some figures in a couple of bookies, plus if you factor in the Quidco aspect you can make a packet quite quickly.
 
Youstolemyname said:
I will, when the football season kicks off again.


theres plenty of football on all the time, the MLS is on still, Copa America and U20s World Cup all goin on plus loads of smaller leagues. If you think about it, you're never actually betting on anythin so as long as there are people to take your bets at Betfair it doesnt matter what football is on, might as well get started asap.
 
anksta said:
theres plenty of football on all the time, the MLS is on still, Copa America and U20s World Cup all goin on plus loads of smaller leagues. If you think about it, you're never actually betting on anythin so as long as there are people to take your bets at Betfair it doesnt matter what football is on, might as well get started asap.


Just had a little look on tonights games and there doesn't seem to be much that gives me a decent return on my qualifying bet. Best I could find was the portugal game tomorrow @ 72% return
 
I'll be having a go at this tomorrow for sure :)
Kind of get the jist of it all but will read more in to it. Like people have said getting the principle of it is one thing but having the confidence to implement it is another.
It was like a roulette 'full proof' way of winning (yeah right) but once someone showed me I felt I could do it and of course I won loads and then I got greedy lol :p
 
Youstolemyname said:
Just had a little look on tonights games and there doesn't seem to be much that gives me a decent return on my qualifying bet. Best I could find was the portugal game tomorrow @ 72% return


what bookie was that on? is 72% on your qualifier or free bet?
 
ScarySquirrel said:
I would if I understood it :( but no matter how many times I read what people write it still makes no sense.

the concept in simplest form is a way of obtaining the free bets offered by bookies for joining without risking anythin yet still meeting the requirements.

The rest is just a way of doin that, essentially you dont really need to understand it as it is just a set of written instructions you can follow.
 
It's very simple once you get your head around it but people aren't too willing to give a step-by-step guide on how to do it, because the easier it is to do the less offers that will be given by bookies.

P.s. I hate sportingodds and tennis in general :p. I was setting up a matched bet this morning and the odds dropped from 2.75 to 2.5 just as I was placing the bet, so I decided for the sake of £4 to risk the difference (if my lay had won; which it should have because of the odds i would have been more in profit). Typically I won at the bookie and lost £4, however I was using my free £25 so I don't mind.
 
Just read through it all and to me clearly makes sense. Your basically just withdrawing the 'free bet' and losing as little as possible of that free bet along the way. Thats where the calculator comes in handy - will help you 'lose' as little as possible before withdrawing the free bet.

Cant quite see how people make thousands though>.>?
I mean I get the idea - sign up to hundreds and hundreds of online betting agencies and withdrawing the 'freebet' right?
 
Clipsey said:
Just read through it all and to me clearly makes sense. Your basically just withdrawing the 'free bet' and losing as little as possible of that free bet along the way. Thats where the calculator comes in handy - will help you 'lose' as little as possible before withdrawing the free bet.

Cant quite see how people make thousands though>.>?
I mean I get the idea - sign up to hundreds and hundreds of online betting agencies and withdrawing the 'freebet' right?

Yeah thats it....

If you average 70% of £25 free bets (some sites offer up to 100) you walk away with £17.50 per site. Do 50 online bookies and its over £500
 
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