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

[Beans on toast Dave]

one thing i am glad of is setting up a new email account, getting lots of spam already

fake phone number used so ok there

hopefully it does not start coming to my home address but probably will

 

[Englander91]

one thing i am glad of is setting up a new email account, getting lots of spam already

fake phone number used so ok there

hopefully it does not start coming to my home address but probably will

It certainly does pay to take notice of marketing options upon sign up, otherwise you'll be getting bombarded with emails, texts, letters etc. I deselect everything apart from emails at all bookies, periodically they email you a free bet offer so it's worth letting them contact you in some way.

Just beware fake phone numbers. One or two bookies will text a verification code to you on occassion to activate your account.

 

[Beans on toast Dave]

It certainly does pay to take notice of marketing options upon sign up, otherwise you'll be getting bombarded with emails, texts, letters etc. I deselect everything apart from emails at all bookies, periodically they email you a free bet offer so it's worth letting them contact you in some way.

Just beware fake phone numbers. One or two bookies will text a verification code to you on occasion to activate your account.

have changed marketing comms on the 3 i have already signed with, i am usually quite careful, only have email comms on them now

absolutely hate junk mail of any kind, but read somewhere offers come via email so have left that one on

 

[gordy16]

Took some time tonight and did my first tutorial walk through on Yesbets and placed the Coral bet.

Quick question however.. I've set aside £200 to get me started however wasn't sure if I need to deposit that full amount into betfair (deposited £100 to start with) as surely any sites I sign up with will require further minimum deposits like Coral? Sorry if its a silly question.. I'm very new to this as you can see.

Plan on doing the monthly sub to yesbets as from what I've read it seems like a no brainer!

 

[booyaka]

For those who have built up a bit of working capital in their exchange fund then I can recommend Accumulator Generator:

http://accumulatorgenerator.com/

Don't be put off by the awful sales pitch on the page, the underlying products are solid. I gather the guy behind this (Mike Cruickshank) was the person who the guy behind PA ripped off his ideas from. You need a fair bit in your Exchange to play with but it is nice and stress free. Using the guarantee profit options you can make a solid £50 - £100 a week. You need about 10x what you want to make in profit a week as a float in your exchange.

I looked at this before and whilst it's decent looking - it's a pretty manual/labour intensive job. You need account with most bookies, funds in most accounts, need to be very aware of the refund rules and regs for each bookie and also you still need to manually setup all the bets etc.

I don't doubt it could make decent money but it's a fairly hefty time consuming job.

 

[booyaka]

Took some time tonight and did my first tutorial walk through on Yesbets and placed the Coral bet.

Quick question however.. I've set aside £200 to get me started however wasn't sure if I need to deposit that full amount into betfair (deposited £100 to start with) as surely any sites I sign up with will require further minimum deposits like Coral? Sorry if its a silly question.. I'm very new to this as you can see.

Plan on doing the monthly sub to yesbets as from what I've read it seems like a no brainer!

yeah - basically slow and steady to start with - double check your bets/lays before you commit to each one and you'll be fine.

 

[gordy16]

yeah - basically slow and steady to start with - double check your bets/lays before you commit to each one and you'll be fine.

great thanks! I must have triple checked it before finally clicking the button

 

[I cant post photos]

Ok, quick note for you Gord (you haven't done anything wrong, this is just to help you streamline things a bit). You say you deposited £100 into Betfair. Let me focus on that for a moment.

I've picked this bet because it meets the odds criteria of 1.5 minimum and is on a fairly well known game (don't go betting on weird absurd stuff you've never heard of, this is an instant flag to them):

As you can see in the liability section, the liability for this bet is £5.39, which is what you'll lose if the back bet wins. With that in mind, I would've deposited no more than £20. The reason being that if the lay bet wins, you have more in your exchange to lay bets off, and more in your bank account for more offers.

If your bankroll is £200 and you win a few back bets, you're screwed and have to wait until some withdrawals clear.

Just thought I'd throw that out there to help out

 

[gordy16]

Ok, quick note for you Gord (you haven't done anything wrong, this is just to help you streamline things a bit). You say you deposited £100 into Betfair. Let me focus on that for a moment.

I've picked this bet because it meets the odds criteria of 1.5 minimum and is on a fairly well known game (don't go betting on weird absurd stuff you've never heard of, this is an instant flag to them):

As you can see in the liability section, the liability for this bet is £5.39, which is what you'll lose if the back bet wins. With that in mind, I would've deposited no more than £20. The reason being that if the lay bet wins, you have more in your exchange to lay bets off, and more in your bank account for more offers.

If your bankroll is £200 and you win a few back bets, you're screwed and have to wait until some withdrawals clear.

Just thought I'd throw that out there to help out

Thanks for that mate, I'm pretty sure I understand what your saying! no doubt ill have more questions as this thread progresses!

 

[I cant post photos]

Ask away, always glad to help

 

[mark35]

forum mod whats the best way to do this put £20 on and pick red and black on rolate 20 times?

 

[I cant post photos]

I picked red and came out £6 up. No guarantees of course.


EDIT: I assume you mean the Leovegas offer. I made £43 on the free spins from today and am currently doing the wagering. Might bust out, might get lucky. Who knows

 

[mark35]

And thats on leovegas mate

 

[mark35]

what system are you using to do the wagering

 

[I cant post photos]

I'm using Koi Princess with the bonus enabled. Doing ok so far

40p spins.

 

[BigT]

I looked at this before and whilst it's decent looking - it's a pretty manual/labour intensive job. You need account with most bookies, funds in most accounts, need to be very aware of the refund rules and regs for each bookie and also you still need to manually setup all the bets etc.

I don't doubt it could make decent money but it's a fairly hefty time consuming job.

I thought that but in practice it's really not. This is how it pans out for me:

I only use three bookie accounts; Ladbrokes, Coral and William Hill. I know the offers inside out. Because the software will automatically only show you Acca selections that meet the criteria of the offer per bookie I only have to worry about the stake being right in the calculator and making sure I don't finish any from the same firm on the same day.

I log onto the software on a Thursday. Typically I will get suggested a fivefold Acca that finishes on a Sunday and a Monday for each bookie. That means I get six Accas on - it takes about fifteen minutes.

Now here's a nice thing. Most of those six Accas have huge overlaps in terms of games. Also the times of the matches are pretty similar, so there's only five or six times over the weekend I have to lay the bets. And when I do it's normally on the same match on 3, 4 or 5 of the Accas. ALT-tabbing between the calculator and the smarkets windows means each time I lay it takes me 5 minutes tops. So over the weekend, if there's six windows where I have to lay then a total of 30 minutes.

Then if there's any refunds due to one leg losing another five minutes to do a SNR bet on Tuesdays at some point.

That works out at about an hour a week in total for £40 profit. Add a couple of bookmakers or do some that finish midweek when cup matches are on and you can see how I come to £50 - £100 a week for a couple of hours work as a possibility.

I find the only real hassle is that normally there's a small window between early Saturday kick offs and 3:00pm ones that means I have to be in front of the computer at 14:45, but that's not too much of a hardship with mobiles these days - I just don't much like using exchanges on a mobile as I have fat fingers and it's too easy to make a mistake.

 

[booyaka]

snip.

Cool - thanks for that......What do they charge past the £1 trial?? Couldn't see it on the site anywhere.

Good information - I might give it a crack at some point but working away on other bets just now (laying the draw in certain matches and trading out) which is going OK so far.

 

[Bunko]

How do you deal with odds drifting in the later legs with accas? That's all that started putting me off accas as you just watch the total profit go down game by game, unless there is a better method to the lock ins I am missing as I know some people do make hundreds every month from them!

 

[Quinnaay]

How do you deal with odds drifting in the later legs with accas? That's all that started putting me off accas as you just watch the total profit go down game by game, unless there is a better method to the lock ins I am missing as I know some people do make hundreds every month from them!

odds drift happens majority of the time it doesnt drift too much, pick popular games and teams and typically they will come in. Underlay your legs slightly on ones your very confident about to reduce the QL and up the profit if winning an acca/lock in it also covers the odd drifted leg.

 

[BigT]

Cool - thanks for that......What do they charge past the £1 trial?? Couldn't see it on the site anywhere.

Good information - I might give it a crack at some point but working away on other bets just now (laying the draw in certain matches and trading out) which is going OK so far.

I think I paid £100 for a years access, but this review suggests £180 a year: http://www.honestbettingreviews.com/accumulator-generator/

How do you deal with odds drifting in the later legs with accas? That's all that started putting me off accas as you just watch the total profit go down game by game, unless there is a better method to the lock ins I am missing as I know some people do make hundreds every month from them!

The best chance of decent returns tends to have the accas composed of very low odds, thus they don't drift much and any drift is likely to have minimal effect. Most of the time you find they drift in your favour as much as away from you. As a practical example, of the hundreds of Accas I've done in the last six months I think the worst profit swing I can think of is 30% so only making £3.50 on a £25 Acca instead of the originally planned £5.00. Best I can think of is £13 when it only forecast £10 profit on a £50 Acca. Bear in mind I use a method that locks in profit so they are lower ev than other methods which may see more of a swing in profit if odds move, but I don't know.