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

Clipsey · 13 Jul 2007 at 11:48

Scenerio just to be sure:
Reading vs River Plate!
Reading to win on Bet Fred= 3.25
Reading to Lay on BetFair = 3.3

Bet $25 on reading to win through BetFred and then reading to 'lay' on BetFair right>?

95% on the calculator!
If I lose through BetFair its $82.50 right

Just making sure I do this right :-)

Grimbough · 13 Jul 2007 at 11:52

anksta said:
fair enough mate, if you have the patience and everythin to do it then good on you, I tried it and got bitten twice so not doin it again.

Try Yukon Gold casino. You only need to play 9 hands of blackjack and then wager everything you have in the account on a final hand. If you go bust they'll refund your initial deposit, if you win you've double you money which should still be around the £50 mark.

I did it and got a bit lucky with the first hands and made £62 for about 5 minutes work. It's risk free and not time consuming. The only slight hassle is they have to pay you by cheque.

anksta · 13 Jul 2007 at 12:26

Grimbough said:
Try Yukon Gold casino. You only need to play 9 hands of blackjack and then wager everything you have in the account on a final hand. If you go bust they'll refund your initial deposit, if you win you've double you money which should still be around the £50 mark.

I did it and got a bit lucky with the first hands and made £62 for about 5 minutes work. It's risk free and not time consuming. The only slight hassle is they have to pay you by cheque.

have to go into a bit more detail than that mate for me to give it a shot, how much you need to deposit? could you play 9 £1 hands?

Grimbough · 13 Jul 2007 at 12:34

anksta said:
have to go into a bit more detail than that mate for me to give it a shot, how much you need to deposit? could you play 9 £1 hands?

Instead of having a bonus offer which you claim after a wagering requirement they give a guarantee to match your initial deposit up to £50 if your account reaches £0 within the first 24 hours, as long as you play at least 10 games of something.

So you can play 9 £1 hands. Worst case scenario is that you lose all of them and have a balance of £41. Then put it all on the next hand. If you go bust you fill in the claim form and you account is credited £50 which you can withdraw so you've lost nothing, gained nothing. If you win your balance is £82+ and you withdraw that making £32. 10 hands takes no time at all and it's risk free. The worst you'll do is waste 10 minutes and have £50 out of your account for a week.

nikebee · 13 Jul 2007 at 12:37

Grimbough said:
Instead of having a bonus offer which you claim after a wagering requirement they give a guarantee to match your initial deposit up to £50 if your account reaches £0 within the first 24 hours, as long as you play at least 10 games of something.

So you can play 9 £1 hands. Worst case scenario is that you lose all of them and have a balance of £41. Then put it all on the next hand. If you go bust you fill in the claim form and you account is credited £50 which you can withdraw so you've lost nothing, gained nothing. If you win your balance is £82+ and you withdraw that making £32. 10 hands takes no time at all and it's risk free. The worst you'll do is waste 10 minutes and have £50 out of your account for a week.

Sounds like a plan... do you know anyone that lost it all, how long did it take to get the money back?

Psycho Sonny · 13 Jul 2007 at 12:50

anyone got any tips on what to bet on - odds have to be at least evens? and i wont be laying the bet? so i need something which is 95% a sure thing, i dont care if i lose because ill get a free bet and quidco and ill place the free bet on something i know is a sure thing at any odds

anksta · 13 Jul 2007 at 12:58

Psycho Sonny said:
anyone got any tips on what to bet on - odds have to be at least evens? and i wont be laying the bet? so i need something which is 95% a sure thing, i dont care if i lose because ill get a free bet and quidco and ill place the free bet on something i know is a sure thing at any odds

no such thing as a sure thing mate, especially not if the odds are above evens, plus the free bet is SNR most of the time so if you bet that on another "sure thing" you'll only make a few quid.

Psycho Sonny · 13 Jul 2007 at 13:04

just bet £25 on argentina to beat brazil

argentina have demolished everything in their path because they have been playing their first team, brazil have been playing their b squad, it is a sure thing, so i will win £25 and i get another £25 free bet plus £15 quid co so im gonna be up £60 from 1 site

ScarySquirrel · 13 Jul 2007 at 13:11

Clipsey said:
You bet man utd to win AND you bet them NOT to win ok!
$25 bet.
Say man utd win = you win $100
BUT you also lost $103 on your lay bet ok

So your -$3

Now you have placed that bet you are entitled to the free bet =$25

Once again we do the man utd scenerio:
again losing $3

But now the money is available for you to withraw beacuse you have met the terms and conditions: So you can now withdraw $22 of the free bet and your money from you original a/c (say the a/c where you won $100 x2
Trying to make this sound as simple as possible

Ok that is making more sense now. Although I would be slightly concerned but I will definately give it a go this weekend probably.

anksta · 13 Jul 2007 at 13:19

Psycho Sonny said:
just bet £25 on argentina to beat brazil

argentina have demolished everything in their path because they have been playing their first team, brazil have been playing their b squad, it is a sure thing, so i will win £25 and i get another £25 free bet plus £15 quid co so im gonna be up £60 from 1 site

thats upto you mate but if you lose it and come out with nothin i.e. Brazil win and you lose your free bet then your down a 10er then I'm not to blame.

Just had to explain to the bank why theres a lot gambling activity goin on in my account. Thought how do I tell him this without launchin into a half hour explanation of matched betting. Told him it was all my money just bein moved around with a little bit of profit and they weren't bothered. Get in.

GreenMint · 13 Jul 2007 at 13:20

Grimbough said:
Instead of having a bonus offer which you claim after a wagering requirement they give a guarantee to match your initial deposit up to £50 if your account reaches £0 within the first 24 hours, as long as you play at least 10 games of something.

So you can play 9 £1 hands. Worst case scenario is that you lose all of them and have a balance of £41. Then put it all on the next hand. If you go bust you fill in the claim form and you account is credited £50 which you can withdraw so you've lost nothing, gained nothing. If you win your balance is £82+ and you withdraw that making £32. 10 hands takes no time at all and it's risk free. The worst you'll do is waste 10 minutes and have £50 out of your account for a week.

Isn't it actually $50 not £50? Just looking arounf on there and thats all i could see.

Grimbough · 13 Jul 2007 at 13:23

nikebee said:
Sounds like a plan... do you know anyone that lost it all, how long did it take to get the money back?

From what I gather it took within 24hrs for the money to be credited to the account. You just have to make sure you do this within the first 24 hours, otherwise the offer is void and you'll have lost your money.

After that it takes about a week for the cheque to arrive. You can use other payment methods like neteller I think, but they won't pay it back to your card, so I went for the cheque option.

p4radox · 13 Jul 2007 at 13:25

So has anyone managed to claim the free bet, use the free bet, and come out ~£25 richer yet?

Grimbough · 13 Jul 2007 at 13:41

Ivan Drago said:
Isn't it actually $50 not £50? Just looking arounf on there and thats all i could see.

It does say dollars on the website but when you sign up you select your currency and the offer is valid in whatever currency you choose. It's 50 "whatevers", rather than following any exchange rate, so using pounds actually offers the best return if you win.

GreenMint · 13 Jul 2007 at 13:54

Grimbough said:
It does say dollars on the website but when you sign up you select your currency and the offer is valid in whatever currency you choose. It's 50 "whatevers", rather than following any exchange rate, so using pounds actually offers the best return if you win.

So it does...already filed my cashback claim

lol

GreenMint · 13 Jul 2007 at 13:55

Grim, are there any other casinos you'd recommend for "less risk" gambling?

Grimbough · 13 Jul 2007 at 14:11

Ivan Drago said:
Grim, are there any other casinos you'd recommend for "less risk" gambling?

William Hill. They give the bonus "pre-wager" meaning you can gamble with it before you start gambling with your own money. They won't let you withdraw it before you meet the wagering requirement, so you can't just run with the money, but if you lose the bonus before you meet the wagering requirements you can just withdraw your original £50 and leave having only wasted your time, rather than your money as well. They don't take to kindly to it and will probably ban your account so you can't do the monthly bonus in the future, but that's all they can do.

GreenMint · 13 Jul 2007 at 15:43

Hmm i see, thanks!

Just got the cashback mail from Yukon Gold just now, argh crediting it back into my player account, i REALLY wanna be able to resist this temptation

nikebee · 13 Jul 2007 at 15:51

Ivan Drago said:
Hmm i see, thanks!

Just got the cashback mail from Yukon Gold just now, argh crediting it back into my player account, i REALLY wanna be able to resist this temptation

Ah... so thats the catch huh?

If you lose the money, you dont get it back - the give you credit in your account... :-/

GreenMint · 13 Jul 2007 at 16:06

nikebee said:
Ah... so thats the catch huh?

If you lose the money, you dont get it back - the give you credit in your account... :-/

I've not actually checked the account yet, but it will more than likely be withdrawable? or in X amount of days?

Edit: Reassuring

Although as £50 is the minimum withdrawal, i can't have a tinker with it and try to double it or the gf will beat me up!

It seems to be credited to your account but in a withdrawable manner, but the temptation will always be there! lol :eek: