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

This is probably dumb but they don't really mentio it on PA. On some of the offers it mentions that if your bet wins you need to complete a roll over before you can withdraw. For example, say my £50 free bet wins and now I have £250 in a random betting site. Can I avoid completing a £1000 rollover just by betting the £250 at high odds and winning at the exchange?

I think I answered my own question but PA doesn't really say anything about this.
 
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That's the aim.

In a similar position with Tonybet at the moment.

£100 on get £100 bonus.

If they all lose then great, otherwise it's a £1000 rollover.
 
AndrewNR said:
Did my first Acca with 10Bet (£40).
Utd v Spurs (Utd to win)
Chelsea v Swansea (Chelsea to win)
Stoke v Liverpool (Liverpool to win)
West Brom v Man City (City to win)
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1 down only 2 to hopefully win.

Ideal stake 1st game was £32.20, went with £28.00.
Ideal stake for 2nd game is £53.97, went with £45.00.
 
AndrewNR said:
I hate Chelsea even more than usual. Acca isn't looking great now.

Time to not lay and cross dem fingers.
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That's not matched betting - that's gambling.

Good day today - cleared a shade over £110 with all the football offers - didn't even touch the horse racing refunds today!

Gonna have to do a lot of mugging on Monday.
 
Checks Chelsea score > 2 goals :D > checks the goal scorers > none of them Costa > no free bet :(

Lets hope Augero scores tomorrow :cool:
 
Russinating said:
I don't really see what their problem is anyway, 80% of the time I lose at the bookies and if I don't I will eventually (I don't withdraw my winnings, I just arb them).

At the end I'll have deposited £25/50 or whatever the initial amount was and withdrawn nothing. The only losers are the people that matched my lays on Betfair. A free bet is only bad for the bookies if it wins and you withdraw.

I don't know what you mean by "gub all the people that take the PA offers" either, and it shows that you haven't signed up. The majority - if not all - of the offers that PA 'promote' are publicly available, it's just easier to have them all in one place than going to find them yourself. If they banned everyone that took the offers they'd be banning a fair proportion of their users, most of which have nothing to do with PA.
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This shows a pretty fundamental misunderstanding of why MBing works. Check your net deposits at Betfair, that is why bookies hate you. They don't care whether you lay bets or not, they care when you're continually taking value, whether that's free bets or arbing. Arbing your winnings makes you more likely to get gubbed, not less.

Fact is, if you're continually doing free bet offers and taking value odds, you will cost the bookie money over time.
 
joined pa yesterday and got through about 6 or 7 intro offers. Its taking me ages to sign up to all the sites.

Only problem Im having is the spreadsheet I think Diddums posted earlier doesn't always show the same lay amount (and therefore profit/loss) as the pa calculator by a few %. (But is exactly the same sometimes too). Any ideas why?
 
Brabbinho said:
Gambling would be if we were not to lay any bets. Matched betting is risk/gambling free on most bets.

Its only on the chasing of refunds where luck comes in
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nah it is still gambling

you're placing bets, you're gambling....

amigafan2003 said:
No, it's betting.
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yeah - you're placing bets... which is an activity known as gambling

Matched betting isn't "risky".
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it involves some risk, you minimize that risk by hedging via an exchange, you'd be naive though to think there were no risks though
 
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