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

little help please whats the best way to do this offer? I've opened a bet365 account and ive got my deposit bonus code sent to my e-mail but not deposited yet.Who can help me please here is the bet terms.If i deposit 200 they double it to 400 then i want to do this bet in champs final tonight.
Bet365 In-Play Offer - £50 Free Bet
Place a pre-match bet on the featured match and Bet365 will give you a risk free In-Play bet to the same stake on the match up to £50.Match: Real Madrid v Atletico MadridStrategy: Place £50 pre-match qualifying matched bet. Make sure you have £50 remaining in your account. Place a £50 in-play matched bet at half time. If the in-play bet loses, bet365 will refund your £50, and you will make a profit. If your bet wins, you will make instant profit.Key Points:
You will need £100 in your bet365 account
 
You're trying to rush this and you're only going to end up **** up.

Do the offers one by one, definitely don't try to combine the most profitable sign up offer with one of the most profitable reload offers (unless you want to lose your account straight away but that's your prerogative)
 
What was that nifty trick you could do with the bet365 offer? Something to do with betting on both teams to score in the first half? You either make a small loss or a ridiculous amount.

Just pre game another outcome. Eg Btts first half no. Or over 3.5 first half goals. Then in play go for btts first half. Either straight away or after 5-10 mins if brave
 
I'm gonna be away from my PC while the game is on and don't fancy trying to use bet365, BF exchange and a lay calculator on my phone while at a meal :p So i'm probably just going to place the £50 risk free and not lay it. I've only lost 50p on the qualifier bet on Real to win so not sure what to go for on the risk free?
 
I'm gonna be away from my PC while the game is on and don't fancy trying to use bet365, BF exchange and a lay calculator on my phone while at a meal :p So i'm probably just going to place the £50 risk free and not lay it. I've only lost 50p on the qualifier bet on Real to win so not sure what to go for on the risk free?

Real not to score ?
 
It's poor because you could very easily be £20 down. No problem if you like a punt but it isn't matched betting.
 
It's poor because you could very easily be £20 down. No problem if you like a punt but it isn't matched betting.

It isn't matched betting but falls in the remit of using bonuses to increase or advantage, albeit you can't lay against virtual sports :).

Relying on matched betting alone simply won't make you as much money.

In a lot of ways you need to be careful on the 'refund if comes 2nd' horse racing as if you aren't careful (small qualifying loss) then on average you won't be making any money.

In just over two months I have gone from zero to a few quid shy of £2400 :D.
 
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It isn't matched betting but falls in the remit of using bonuses to increase or advantage, albeit you can't lay against virtual sports :).
Fair enough, I just don't see the "huge" advantage on that particular offer or at least not when weighed against the risk.
In a lot of ways you need to be careful on the 'refund if comes 2nd' horse racing as if you aren't careful (small qualifying loss) then on average you won't be making any money.
Aye, you do need to be discerning. Ideally a bare minimum of runners with clear favourites and low qualifying losses. You see some people chasing these offers or worse (2nd to SP) in some very unlikely races.
over a large sample it is better to not lay anyway...
Does the opportunity to minimise variance readily exist?

I was content with casino reload offers back in the day as you could just grind them out on low stakes blackjack.
 
Has anyone ever knowingly fully committed to that approach?

Might actually be worth it for the time saving as people rarely consider the opportunity costs too.
 
Has anyone ever knowingly fully committed to that approach?

Might actually be worth it for the time saving as people rarely consider the opportunity costs too.

I know of a few who have done irt and it does work, but it takes some balls and a massive bank - one "lost" £10k over 6 months from his balance - that "variance" doesn't happen with matched betting ofc - he grinded through it and came out ok in the end, but it's nerve racking.
 
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