That's why you bet on Arsenal +0.5.
What happens if its 0-0?
That's why you bet on Arsenal +0.5.
Most of the above could be a walking the fine line of grey area. I know of people opening accounts with their partners but I am not so sure for those who want to open another account in their name.
As for odds, with those you want to lose into the exchange.....just work your way up but don't go silly (e.g. bet on a horse @ 25/1 when you've been doing 5/1).
backed the opposite then
That's not laying. You can't bet "the opposite" at a regular bookies.
If on Betfair you bet for Man Utd to win and you bet on Arsenal to win at Bet365, that isn't laying. What happens if they draw? Then you lose both bets.
Guys I've got about £100 spare and I'm looking to make it work for me and keep hearing about matched betting as a good way to make a little extra money. Can anyone recommend a guide for getting started or point me in the direction of a matched betting service or something?
A £100 bank? Good luck...
You'll be surprised how much money it takes to do matched betting. Place a £20 bet at odds of 4.2. Lay it at 4.0. That's your £100 gone, tied up until the bet is done. If it's a "qualifying bet" you'll make a small loss (to gain a free bet later). If it's a free bet, you'll make about £15 profit. £100 is doable, but it'll be slow progress and you'll need to reinvest your winnings.
I started with £300 mid way through the Euros. Now got a £1k bank, which makes life a lot easier. I had about £800 out over the weekend, for a profit of around £150.
I learnt from Matchedbettingblog.com, but made a number of mistakes early on that reduced my profit. I'd recommend joining OddsMonkey (the site I now use) or (because I hear good things) Yesbets, and work through the sign-up tutorials.
So true.
During the Euros I regularly had over £500 tied up in the exchange, and this was in my opinion still lightweight. Not saying that you won't get there Vidar because I also started with a very small bank. There is something satisfying in watching it grow. Just don't expect a small bank to reap massive dividends quickly. I have across all my bookie accounts about 3k. Total profit being about 2k of that. I am not in a position yet to start to want to withdraw cash to use it as an income. It's all about building your base initially. You will need it to maximise the offers and also to mug bet simultaneously. For example in the betfair weekend offer. I had £100 worth of beta tied up in betfair ( one qualifier and one mug) in smarkets I had over £300 tied up. All for what? To make around £40 profit on the betfair promo the following day which involved another £250 lay bet at the exchange.
You can start matched betting with very little. It just takes a bit more time. Just do the easy sign up offers. Bet 5 get £20 etc. After a few of them with a little luck all your money will be in the exchange. Keep in mind if funds are very tight you will need to wait for withdrawals before you can do more more offers. I started this in January, made about 7k so far this year. I'm targeting 10k a year. I think when I started I put in about £200. I've lost 2 or 3 bookies. But everyone will lose bookies in time.
What's your plan for earnings from MBing?
That's not laying. You can't bet "the opposite" at a regular bookies.
If on Betfair you bet for Man Utd to win and you bet on Arsenal to win at Bet365, that isn't laying. What happens if they draw? Then you lose both bets.
Sounds to me like you need to do some proper research. That one post alone has at least four flags which tell me you're not going to get far without getting banned. Have you done much matched betting? Multi accounting sort of evolves naturally once you get bored of doing just one identity. It's not a topic many will speak about because if they get caught, they lose not one ID but also those of friends / loved ones / clients, so you won't get many anseers.
Honestly those are noob questions. They tell me you're not ready but a few thoughts:
Bank account only. Never PayPal / Skrill / whatever. VPN each identity from a different IP address. Use separate PCs if you can. Google IE Snare and do some proper reading on it. The rest you can research but let me reiterate this point once more as it's very evident you have no idea what you're doing:
Do some proper research and practice on a single identity first or this will not end well for you.
Well? Come on then! One of you lot must want a referral for Oddsmonkey? I'll be signing up tonight so get in quick and bag yourself a bonus 8)
Another "flag" that shows you're clearly out of your depth. Having a different mac address isn't relevant.I have got a virtual pc which has different mac address so I am sure that I should be fine.
This is advice you should follow.Do some proper research and practice on a single identity first or this will not end well for you.
Another "flag" that shows you're clearly out of your depth. Having a different mac address isn't relevant.
This is advice you should follow.