sort of pre-set, but tweak a bit to my thoughts. Have a play around in practise mode on BetAngel before diving in is the best thing I can say - took me about 4 months before I was happy with what I have
Matched betting - who's done it and who's good at it? (No Referrals)
- Thread starter knowlton
- Start date
sort of pre-set, but tweak a bit to my thoughts. Have a play around in practise mode on BetAngel before diving in is the best thing I can say - took me about 4 months before I was happy with what I have
Are there any decent new offers kicking around, been waiting to have some time to do bet365 but now i've come around to it they're only doing a £100 bonus when you deposit £100, sure it was £250 a few months back 
Is this likely to be over the christmas / new year period or is it now their permanent new customer offer?
Is this likely to be over the christmas / new year period or is it now their permanent new customer offer?
Just done Betboro's offer, £50 free bet once you've done a £50 QL nut Profit Accumulator seem to have moved it into the their archive despite it still going on.
Edit - scrap that, seems people are having problems with withdrawals.
Edit - scrap that, seems people are having problems with withdrawals.
Deleted member 66701
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Deleted member 66701
Can you not just "bet it out" via the exchange? I.e. lose at the bookies and win on the exchange? Obv there is a risk of the "bad bet" winning at the bookie, so do it in small chunks.
Absolutely but life gets in the way, I won* in a couple of them. Plus the odds aren't that good so you don't want to go too high. I'm awaiting verification of an account so will know more shortly.
*really annoys me the draws (footy) and horses I pick to lose in MB - never happens with an actual gamble.
*really annoys me the draws (footy) and horses I pick to lose in MB - never happens with an actual gamble.
so why bother placing the bets at the bookies at all if that was feasible... just win at the exchange
the money is either available to withdraw from the bookie or it is lost... so placing bets as though you have that money (when you might well not have it) is a bit flawed and if you're able to make money at the exchange then you don't need this excuse of money that you can't access at some bookie anyway in order to go ahead and do that...
Deleted member 66701
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Deleted member 66701
Because eventually you'll always lose the money in a bookies to the exchange due to edge etc. It's not worth it normally due to commission at the exchange but as this is the "free" 50 quid, it's worth it. Even if you only end up pulling about 30 quid from the initial 50 quid, it's still worth it.
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this isn't a free anything if you don't have access to it... that was the point - either you can withdraw it or you can't, if you can't withdraw it then you don't have it!
If you want you can pretend that you've got a free £100 at dowie bookies... I'll never pay it to you... you're welcome to pretend to make further bets with this free money you don't really have (just imagine that I shadow the bet365 odds or something) you'll never get paid by me anyway but you're trying to lose the free money you have at dowie bookies and win at betfair so seemingly it doesn't matter that I won't pay you - you can follow your plan for this scenario by putting on some offsetting bets at betfair as you suggested... do you see the rather obvious flaw in your plan now?
what you're actually doing in reality, if you don't have access to the money at the bookies, is just making some bets at betfair... the bets at the bookies are irrelevant/fantasy if they're not willing to pay you
if you can make money from betfair then you should just do that anyway - you don't need this money you can't access as an excuse
if you can't make money at betfair then you're making -EV bets... this is a dumb thing to do
I'll post separately re: this - you've got this backwards and you've made this mistake previously in this thread... which is rather odd given the claims of how much matched betting you do or apparently used to do.
The edge from matched betting, the positive expected value, comes from the free bets, these are provided by the bookies... your activity at the exchanges, if you lay in order to take advantage of these offers, involves you placing negative expected value bets... ergo you should lose money in the long run at the exchange.
So similar to the above scenario, if you're able to make money at the exchange in the long run then you don't actually need matched betting in the first place...
Deleted member 66701
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Deleted member 66701
Ok
another good day so far - £65 up across 5 games. None of them even got to half time without already locking in a profit no matter what result no happens. I pick the games, then everything is automated via betangel.
How much of an investment was the software you're using.
Time wise, how long would you say it's taking you to pick each game?
Soldato
- Joined
- 14 Jul 2005
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- 9,112
- Location
- Birmingham
what kind of exposure do you have at the start of a game? i assume you are laying the draw?
Laying the draw. I tend to lay £30 @ say 4.0 or whatever. So £120 exposure on the down side at the start. However my automated system is set to close out at 70 min mark on most games if still a drawing. Generally that brings the liability back down to more like a maximum of about £45 (or 1.5 times my stake).
Betangel was £99 for the year I think on special offer, I dabble with scalping and other bits and bobs so for £100 a year it's nothing - pays for itself.
Time wise - takes me about 10 mins on a saturday to find the matches I use. Certain criteria that fit my thoughts and it takes about 10 mins to find 4/5/6 games and then 2 mins to load them into the software. It's all automated after that.
Been out for dinner tonight and Las Palmas v Valencia game kicked off at 7.45pm as one of my games - (already automated before I went out) - layed the draw for £30, goal for Valencia in 6 mins, software has closed out for a £9.25 profit. Job done for today.
It ain't a way to make a fortune, you will get days where one or two games go against you and your down but it's a long term bit of "fun" for me to see if I can tweak it to be more profitable.
Todays games below -
Football / Fenerbahce v Goztepe : Match Odds 20-Jan-18 16:00 20-Jan-18 18:00 £22.21
Football / Plymouth v Wigan : Match Odds 20-Jan-18 15:00 20-Jan-18 16:58 £7.96
Football / Fulham v Burton : Match Odds 20-Jan-18 15:00 20-Jan-18 16:57 £11.40
Football / Arsenal v C Palace : Match Odds 20-Jan-18 15:00 20-Jan-18 16:53 £10.23
Football / Leicester v Watford : Match Odds 20-Jan-18 15:00 20-Jan-18 16:51 £6.85
Soldato
- Joined
- 14 Jul 2005
- Posts
- 9,112
- Location
- Birmingham
Well it might be the only option now because matched betting is dead i think in 2018.
- Joined
- 9 Apr 2012
- Posts
- 13,159
After losing 2up (bet365) and High5 (William Hill), I have ventured into high-risk casino offers, as this is where the real money can be made now I've lost those accounts.
I'm £1500 up for this month, which is already ahead of my monthly target of £1300. £300 is from sports (before I lost said accounts) and the rest from high-risk offers.
I've done nearly 200 offers now and the variance can be a killer but when you win, you win enough to cover your losses and make more usually. It's going well for me so far. This is where MB is going, with the offers continuing to get worse and worse on sports.
I'm £1500 up for this month, which is already ahead of my monthly target of £1300. £300 is from sports (before I lost said accounts) and the rest from high-risk offers.
I've done nearly 200 offers now and the variance can be a killer but when you win, you win enough to cover your losses and make more usually. It's going well for me so far. This is where MB is going, with the offers continuing to get worse and worse on sports.
I'm quite happy taking 4 figures each month
Soldato
- Joined
- 30 Sep 2005
- Posts
- 16,720
I stopped matched betting a few months ago due to taking on some big international IT projects. Just didn't have the time.
Amazing amount of emails from bookies gubbing. Crazy.
anyway, it was brilliant whilst I was doing it, made literally thousands.
Tempted with laying the draws though......might look into that as it seems not to be so time consuming as match betting was. Honestly, don't let anyone tell you MB only took a few mins a day. I know the big stars in the game, and to make a lot of money takes time (which i've run out of)
Amazing amount of emails from bookies gubbing. Crazy.
anyway, it was brilliant whilst I was doing it, made literally thousands.
Tempted with laying the draws though......might look into that as it seems not to be so time consuming as match betting was. Honestly, don't let anyone tell you MB only took a few mins a day. I know the big stars in the game, and to make a lot of money takes time (which i've run out of)