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

Skillmister · 1 Jul 2016 at 17:29

Oh dear

Bit of a surprise as my Ladbrokes account is severely in the minus, almost never hit refunds! Should start taking better care of my other accounts..

Just checked my account history and out of the last 60 bets in my history, only 7 won and all of those were under odds of 3.0 except one at 7.5.

Diddums · 1 Jul 2016 at 17:31

Ouch

Sorry dude.

McPhee · 1 Jul 2016 at 18:06

Wales to win, £20 @ 5.0, free £5 every time they score.
Belgium to win, £50 @ 1.85, free £100 credit and a £50 'safe' in-play bet.
I'll use the £50 on a Draw.

What should I do with the £100? I'm new to this. It says something about me having to turn that money over before I can withdraw it, and something about £600. Can someone explain?

Simon · 1 Jul 2016 at 18:54

It's odd they seem to cut people off who are giving them money. I guess your betting patterns suggest MB though.

Simon · 1 Jul 2016 at 20:40

Another Btts fh game on this offer. Nice

doodah · 1 Jul 2016 at 21:25

Cheeky £83 from this game :cool:

SpeedFreak · 1 Jul 2016 at 22:13

Good game for me. £400 win risk free. Have to love b365

McPhee · 1 Jul 2016 at 22:33

Only £30 here. I played it safe. £145 in free bets for tomorrow and Sunday though. Will be interesting to see what I can do with that (probably not a lot lol).

n30_mkii · 1 Jul 2016 at 22:40

SpeedFreak said:
Good game for me. £400 win risk free. Have to love b365

How did you manage that if you don't mind me asking?

doodah · 1 Jul 2016 at 23:27

That 1st half BTTS trick?

SpeedFreak · 1 Jul 2016 at 23:36

n30_mkii said:
How did you manage that if you don't mind me asking?

Bet over/under for a loss of £2.50. That gave me £50 to bet in play risk free. Put it on over 3.5 goals and over 10 corners at 7.5/1.

DB_SamX · 1 Jul 2016 at 23:41

Mean to bet £50 in game on Wales to win 2-1 @ 19-1 (Bet365 offer), but poo-ed it up and only managed £16. Chickened out and cashed out £142 just before Wales's third goal. Will take it though!

Skillmister · 2 Jul 2016 at 07:51

SpeedFreak said:
Bet over/under for a loss of £2.50. That gave me £50 to bet in play risk free. Put it on over 3.5 goals and over 10 corners at 7.5/1.

So you "gambled" the £50 risk free? Not really the aim here then is it? Anyone could come in here having put a risk free bet on a winning 50/1 shot claiming to make hundreds...

Personally I got £38 from the B365 offer and a lucky £23 from the Coral £10 inplay as I backed Wales @ 5.25 only for them to score and lay it at 1.8

Shame that didn't happen with B365 instead though! + £5 free from PP, should have backed Wales for that one..

Diddums · 2 Jul 2016 at 09:00

SpeedFreak said:
I gambled and got lucky

Much better. Nothing worse than people bragging about wins when all they've done is gamble. You never hear about people losing, just lucky winners, which is pretty much the exact opposite of what this thread is about.

SpeedFreak · 2 Jul 2016 at 09:16

Diddums said:
Much better. Nothing worse than people bragging about wins when all they've done is gamble. You never hear about people losing, just lucky winners, which is pretty much the exact opposite of what this thread is about.

Lol, Diddums, Skillmister, you are both taking this a bit too seriously. I simply choose to generate my returns in a different manner to you both. My view is that when the offer comes up I try to identify a marginal loss to free up the £50. I then bet on an outcome where I see reasonable value. Of course they don't come in every time as they are typically 7/8 to 1.

In the long run I would not expect our approaches to have significant differences in outcome, but I have more fun when I do win

Diddums · 2 Jul 2016 at 09:20

Spin it how you want, it's gambling. Nothing wrong with that, but don't try explain it as matched betting, which is what this thread is for.

SpeedFreak · 2 Jul 2016 at 09:29

Diddums said:
Spin it how you want, it's gambling. Nothing wrong with that, but don't try explain it as matched betting, which is what this thread is for.

I matched two bets in order to access a risk free bet. What I chose to do with that risk free bet is the crux of it. You choose to guarantee profit immediately, I back myself on being able to spot value over time. No need to be possessive over the thread, it is an open discussion.

Diddums · 2 Jul 2016 at 09:34

Again, you gambled and got lucky. How are you not understanding this?

SpeedFreak · 2 Jul 2016 at 10:05

Diddums said:
Again, you gambled and got lucky. How are you not understanding this?

As I stated, long term outcome is the most important factor, not individual results. While the bookies have an edge, at 7/1 I estimate the true odds to be 8/1 (I work on 15% premium). The odds on me not winning after 10 consecutive bets at 8/1 are 25%.

Simply, I am confident that in 10 bets I will generate at least a £260 profit long term. Yes, most matched bets guarantee profits of about £32 so concede I am giving up certain value. But I enjoy the fun and try to bet on things I can research and see if there is further value to be realised.

AHarvey · 2 Jul 2016 at 16:02

yesbets signed up, betfair signed up, coral signed up, initial bet done on the footie tonight, lets see how it goes.

I couldn't find the webpage in the betfair video though unless I clicked the link, although doing it with a 4 year old bothering you isn't the easiest