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  #181  
Old 14-04-2017, 05:10 PM
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Originally Posted by cpfc4evandeva View Post
I'm going at this properly now. I've bet on Brighton to win at 2.37 but managed to lay them at slightly lower odds of 2.34 on Smarkets. Meaning my 'acceptable loss' is actually +0.22

I'm right in thinking with the well publicised 200 match offer on Bet365 for new sign-up, is not a free bet - they actually match the 200? Right?
Correct. You have to roll it over 3 times I think, so 1200 worth, but it's much easier to hopefully lose 400 to them quickly and win 390 ish at the exchange, giving you 190 profit on your initial 200 investment.
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  #182  
Old 15-04-2017, 04:31 PM
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Coral doing a good offer on the snooker, refund of first bet everyday
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  #183  
Old 16-04-2017, 06:04 AM
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Originally Posted by elgin eagle View Post
Correct. You have to roll it over 3 times I think, so 1200 worth, but it's much easier to hopefully lose 400 to them quickly and win 390 ish at the exchange, giving you 190 profit on your initial 200 investment.
So Brighton won and Palace (who my second bet went on) didn't win, giving me 187 profit in less than 24 hours.

Easy
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  #184  
Old 19-04-2017, 10:57 AM
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Originally Posted by cpfc4evandeva View Post
So Brighton won and Palace (who my second bet went on) didn't win, giving me 187 profit in less than 24 hours.

Easy
Beautiful. Much more valuable though, is the fact bet365 have your money and as such will keep offering you promotions now, such as the feature 4+1 horse offer, which is a veritable goldmine with 2 accounts. Just be sure to match bet the profits away into your smarkets/betfair to keep them happy. Thats the bit I forgot to do

Itv4 racing today- william hill have their high5 offer back on, and betway are doing 2nd to anything in the itv4 races. Ching ching.

Check out my new car, 50% paid for through 1 years matched betting:

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  #185  
Old 19-04-2017, 11:46 AM
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Good work. I'm getting all down in a spreadsheet so I can see exactly how much I've made and then I'll probably put it towards a holiday.

I do struggle to see though how the claims of 500 a month are legit? Surely there aren't enough offers out there to make that much?
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  #186  
Old 19-04-2017, 12:11 PM
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Quote:
Originally Posted by cpfc4evandeva View Post
Good work. I'm getting all down in a spreadsheet so I can see exactly how much I've made and then I'll probably put it towards a holiday.

I do struggle to see though how the claims of 500 a month are legit? Surely there aren't enough offers out there to make that much?
There are. Take bet365 for example. If you do both their feature 4+1 races each day (bearing in mind there are up to 8 races on Saturdays, with 2 accounts, backing and laying two horses at decimal 5.0 or greater, you'll have two great chances in both races for a minimal acceptable loss whatever you choose to stake. It's quite easy to clear 40 quid a day on that one offer alone. Then think just how many competing online bookmakers there are.

Join oddsmonkey mate. Their oddsmatcher scanner scans every sport, every card, every race. You don't have to do anything. Even one year on i'm still able to participate in quite a few bookies offers. It would have been a lot higher if I'd used the scanner to matched bet away the money in the bookie accounts using the scanner.
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  #187  
Old 19-04-2017, 09:35 PM
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Quote:
Originally Posted by cpfc4evandeva View Post
Good work. I'm getting all down in a spreadsheet so I can see exactly how much I've made and then I'll probably put it towards a holiday.

I do struggle to see though how the claims of 500 a month are legit? Surely there aren't enough offers out there to make that much?
It's one of those things that the more you put into it the more you get out. I quit my job last summer to do matched betting full time albeit I worked out a formula called each way arbing.

Well played with signing up to the 365 offer. I'm not sure if they still do it but they used to do a 50 bonus just for using your mobile for the first time. I am sure Elgin has said it before but To view the link you have to Register or Login is where it all started with me a couple of years ago.

I am sure you will be able to get a holiday out of it and good luck!
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  #188  
Old 20-04-2017, 08:25 AM
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I didn't realise how much time I used to spend during the day putting bets on.
I've been in a new job since September and hardly have any time for it anymore.
And I just can't be bothered at the weekend.

I earned a few grand though, so was good whilst it lasted.
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  #189  
Old 20-04-2017, 08:27 AM
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Thanks chaps.

I'm going to whack through the sign up offers and then I'll take a look at all the ongoing offers after that. Not sure how I feel about paying for an Oddsmonkey subscription though... I'll cross that bridge when I come to it.
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  #190  
Old 20-04-2017, 08:37 AM
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I didn't realise how much time I used to spend during the day putting bets on.
I've been in a new job since September and hardly have any time for it anymore.
And I just can't be bothered at the weekend.

I earned a few grand though, so was good whilst it lasted.
I think that's the way to look at it. I couldn't work Sundays after killing a suicide in the train and needed an extra source of income while i was off work. I made 5.5 grand and it helped me buy a new car we really needed. I still do it now though because I enjoy winning free bets, just two or three bookies a day now though. Each to their own I suppose. Just surprises me how many look down their nose at free money though. Maybe their properties rise so much in value each month it isn't worth doing to them. Who knows.
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  #191  
Old 20-04-2017, 08:42 AM
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Originally Posted by cpfc4evandeva View Post
Thanks chaps.

I'm going to whack through the sign up offers and then I'll take a look at all the ongoing offers after that. Not sure how I feel about paying for an Oddsmonkey subscription though... I'll cross that bridge when I come to it.
It helps if you think of it in terms of half a free bet, which will make you much more money than 15 quid a month through the tutorials, new customer and existing customer offers, the arbs it finds you through the scanner etc etc. But you are definitely going about it the right way. Just be sure not to withdraw money from them and you should see some longevity with their offers.
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  #192  
Old 20-04-2017, 11:12 AM
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So I'm thinking this is a good one to go with? Or am I reading it wrong. It's not a free bet but 'risk-free bet' which appears to be the same thing to me.
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  #193  
Old 20-04-2017, 11:20 AM
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So I'm thinking this is a good one to go with? Or am I reading it wrong. It's not a free bet but 'risk-free bet' which appears to be the same thing to me.
Its the best one if you have two accounts and have enough liquidity to cover both (or in this case al 5) races. With just the one account its still ok, but harder to find the winner than if you have two chances in each race. If you dont have a lot in your betfair you have to do them race by race, but remember, if you fail to bet on the following race following a win your 50 (or whatever you've staked) wont be credited to you. I'd open a matchbook and smarkets account and use the oddsmonkey scanner to find the best odds matches personally. But I'd probably get my missus to open a second account first and extract the 190 from that before I got onto the existing customer offers, as good as that one is.
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  #194  
Old 20-04-2017, 11:22 AM
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actually, I think my horse has to win in order to gain anything from this...
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  #195  
Old 20-04-2017, 11:26 AM
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actually, I think my horse has to win in order to gain anything from this...
Correct. Its different from most other bookies as with those ones they credit 2nd with a free bet in various scenarios (they have your money, see). A free bet is just a virtual thing to them, it can expire, you can lose, and its stake not returned, so you have to use it on outsiders. Bookies aint stupid.
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  #196  
Old 20-04-2017, 12:28 PM
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But then surely there's an element of risk? Not much of course, but if my horse doesn't win, I'll lose a couple of quid as acceptable loss and not get a free bet?
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  #197  
Old 20-04-2017, 12:37 PM
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Or should I just take more on the exchange, ensuring break even if the horse doesn't win, and then if the horse wins I get a risk free bet that I can go down the matching route...?
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  #198  
Old 20-04-2017, 01:06 PM
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Certainly with the way this offer is structured there is nothing stopping you overlaying with the same stake, as if the horse wins you'll still be well in profit (providing you time it right and find good odds matches). Personally i'd always use the calculator at first then round it up or down. After a while you get an idea whats the right amount to lay.

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I would think that with a new account it's important to set the scanner to search for bet365 only, then do a few mug matched bets on non-promotion offered sports. You might even make a few quid on them too if it finds you arbs or you underlay/overlay slightly.
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  #199  
Old 20-04-2017, 07:15 PM
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The only problem I have is, I simply don't have time to sit down with a computer and use things like oddsmonkey and look at loads of races. Have largely given the horses a miss because of this apart from Cheltenham and the national.
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Old 21-04-2017, 09:36 PM
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The bet 365 4/1 offer is great. Loads of ways you can play it. Can't do it now due to being gubbed but here are some ways.

1) If you use smarkets just back and lay a horse at the closest match and do 51.02 everytime. This will mean if it loses your even and if it wins you make a small loss but you have your 50 risk free bet for the next 4/1 race. You may even hit best odds guarnteed as a bonus if your lucky.

2) Add 40 onto your win so if your backing a 4/1 shot lay up to 240 liability. This can lock in a few quid every race as more often than not your horse will lose.

3) This is how I played it but far more complicated. Would try and back the closest match and not lay it until 2 mins before the start of the race. If the odds tumbled in then I could lay out at a bigger profit. If the odds had drifted then I could either lay near the new price or take a 5 loss by cashing out my bet depending on how close it all was. If your new to it then method 1 or 2 are probably the best but I just wondered if Elgin had considered this other way.

Also cpfc4evandeva if you have a few accounts the ITV races when televised can create loads of opportunities if you take advantage of all the offers on every site. They are always posted up on that website.
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