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  #221  
Old 03-02-2018, 08:46 PM
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It's great but I have absolutely no idea how your accounts haven't been closed Elgin? Mine were closed fairly quickly

Still, I made nearly 2k in the end within about 3 months. I would suggest to anyone who can be bothered to put in some time, who is ok with maths and following instrustions, and more importantly to anyone who isn't a gambling addict.
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  #222  
Old 03-02-2018, 09:07 PM
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None have been closed mate, but a few have been restricted from doing promotions with. After some early excitement of winning more at the bookies than at the exchange, I discovered that that is not the way to keep them happy. Bloody obvious in hindsight!! Now I match bet everything away using the oddsmonkey scanner which finds arbs (eg red rum at 5.5 at bet365, 5.4 at matchbook), or close matches (5.5 at 365, 5.6 at smarkets). Doing these bets to 'lose' the money to the bookie and 'win' into the exchange account keeps them happy. Plus it appears to anyone scanning your betting history that you aren't just matched betting.

I just sit down with a piece of paper on Saturday mornings and write down the itv races times, then have a column for the betfair sportsbook choices and one for the bet365 choices. Then have 3 windows open, scan the cards and see which looks like the best matches. Place them, lay them, and write them down. Then do the sky bet race (it's structured differently as you know), and also the Ladbrokes one. Try to perm them to give yourself multiple chances in each race. Then it's done.

Then just use your free bets in the evening/next day on close matched high odds events (as the stake part isn't returned with a free bet), and lay them all off to ensure profit at one site or the other. Really doesn't take that long and is enjoyable in a 'virtual fishing' kind of way. Anyway you are 2k up so you clearly know all this already
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  #223  
Old 05-02-2018, 05:44 PM
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My head hurts.
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Old 05-02-2018, 06:50 PM
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Quote:
Originally Posted by Wolfnipplechips View Post
My head hurts.


Do you have a betfair/smarkets/betdaq/matchbook exchange account where you are the bookie? If so try a bet and lay tonight with low stakes on watford v chelsea. You wont win any money but if you bet 2 on chelsea say at bet365, and lay chelsea (the pink column) at one of the exchanges, for 2, then you will see where the money moves based on the result. If watford win you will be up at 365 and will lose the proportional amount at betfair exchange etc, and if chelsea fail to win, you will lose your stake to bet365 but gain 2 off the punter who takes your lay at betfair.

Its this principle, called a qualifying bet, that we apply every time on promotional races that bookies offer as they are all competing for business, that we find ways to take advantage of in order to try to secure free bets for ourselves. We then repeat the process with the free bet to ensure profit at the bookie or at the exchange. Note that with the free bet though we would choose to bet on watford instead as the bookie doesnt return the stake with any winnings with free bets.
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