Jump to content
Sign in to follow this  
Drew Peacock

Matched Betting

Recommended Posts

Has anyone done this?

Obviously you can now be the bookmaker online, with exchanges like Betfair, as well as placing back bets like a normal gambler. 

Using free bets, offers and boosts you can back for an outcome and against that same outcome. If it wins you collect your winnings, and if it doesn’t win you collect your losings. Guaranteed profit.

I was a bit sceptical at first but have made just over £2500 since February. Hardly life changing, but anyone looking for some extra money it’s well looking into.

Edited by Drew Peacock

Share this post


Link to post
Share on other sites

I made over £20k doing it, still dip in now and again but its getting harder and harder to do. 

 

Still if no one has ever touched it there's still easy money there to be made. 

Share this post


Link to post
Share on other sites

I've looked into it, checked out the maths, read some articles and it all seems to check out but I've not actually given it a go yet.

 

I've heard some good accounts of it though and am definitely considering it.

Share this post


Link to post
Share on other sites

I made a few hundred doing it. It's legit but it got a bit confusing and tedious. Always think it may be an option though.

Share this post


Link to post
Share on other sites

A few at work dabble in this and they have all made a few grand each tbf.

 

It does look time consuming and in not the best with numbers so never really given it a go.

Share this post


Link to post
Share on other sites

Easy money, but can be time consuming and boring.

 

Best to start we a decent float, if you want to build money up quickly.

 

If you want to make good money, multi accounts is the way to go, using siblings, parents details who live at different address and paying a % of profits.

 

This enables you to hit new account offers and general offers multiple times.

 

I suggest having a spreadsheet to keep an eye on your money in accounts and free bet you need to use.

 

Paying for a service like oddmonkey or using match bet blog which is free is helpful.

Share this post


Link to post
Share on other sites

I did this a few years back, it used to be so much easier than it is these days.

 

Cheltenham festival is usually the best way to make some money.

 

BUT you need a clean slate of accounts literally no point if you have the main accounts (skybet, Paddy Power Coral etc. already) as the opening offers are the best way to build your pot.

 

The longer you do it for the more time consuming it becomes.

 

If you do decide to go for it Smarkets is your best exchange as they only take 2% compared to Betfair taking 5%

Share this post


Link to post
Share on other sites
38 minutes ago, goose2010 said:

...

If you do decide to go for it Smarkets is your best exchange as they only take 2% compared to Betfair taking 5%

 

There is also Matchbook at 2%. I tried it for a short time, but don't really have the time to put into it (or perhaps more accurately I don't feel much inclined to make the time for it as I find the process somewhat of a chore). A lot of bookies nowadays have statisticians/AI systems scrutinizing betting behaviour. It doesn't take much to end up on their blacklist, and then you'll find all the 'special offers' dry up - whilst it's possible to still make money without these preferential offers, it becomes a lot more difficult.

  • Like 1

Share this post


Link to post
Share on other sites

Tried it a couple times - did the big bookies and made a few hundred then drifted away from it. Trying to save for a house deposit so will be picking it up again in the next few weeks after I've got a few other bits in order first. Fairly straightforward but definitely time-consuming and boring, but I suppose that's the trade-off for what is - essentially - free money.

 

Share this post


Link to post
Share on other sites

Started doing it a few years ago.  Like others have said, it is time consuming.  I've never really fully immersed myself & still have plenty of bookmakers I haven't joined yet.

 

For a long time I avoided casino offers (unless they were absolutely free & zero risk) because it felt too much like gambling.  It was only when I started doing them that the money jumped.  I've heard horror stories from people doing casino offers & chasing losses, but I've never done that.  You can lose money, but if you follow the correct strategies you will end up in profit in the long run.  I made about £6k from William Hill alone.  I was devastated when they eventually restricted my account.

 

I could never dedicate enough time to it, but I was making about £700 a month on average.......& I always took Cheltenham week off work.  Easy money!

 

I've never relied on the money & used it for a few luxuries I would probably never have had if I hadn't done matched betting.  It has paid for my car & numerous holidays, where me & the missus have been able to stay in 5 star hotels & do anything we have wanted to do, where money isn't an issue.

 

It is quite comforting to know that if the washing machine blows up or I just fancy blowing a load of cash on a new telly or some clothes - there's a big pot of cash I can dip into.

 

I haven't touched matched betting for about 6 months now, but do plan to kick start it again soon.

Share this post


Link to post
Share on other sites
7 hours ago, Uranyl Yellow said:

 

There is also Matchbook at 2%. I tried it for a short time, but don't really have the time to put into it (or perhaps more accurately I don't feel much inclined to make the time for it as I find the process somewhat of a chore). A lot of bookies nowadays have statisticians/AI systems scrutinizing betting behaviour. It doesn't take much to end up on their blacklist, and then you'll find all the 'special offers' dry up - whilst it's possible to still make money without these preferential offers, it becomes a lot more difficult.

I get 0% with smarkets 😁

Share this post


Link to post
Share on other sites

Used to do it pretty much only on skybet, doing the superboost and free bet offers. Got really unlucky and kept winning on my skybet account rather than the exchange so they restricted my account when I got to about £2k up on them.

Share this post


Link to post
Share on other sites
3 minutes ago, RobHawk said:

I get 0% with smarkets 😁

I think when I first started doing it, Matchbook had a similar offer of 0% for something like 6 months. Fundamentally though, after an introductory period there will eventually be some form of commission or they couldn't exist, and unlike the bookies it's why the exchanges don't really care if you are matched betting since they make their money irrespective of whether you win or lose (though I believe Matchbook now only charges commission on winning bets). Back when I was doing it, I found Smarkets had a slightly bigger market than Matchbook, but I preferred navigating the Matchbook site.

Share this post


Link to post
Share on other sites

Yeah, I'm sure my 0% will run out eventually but they do keep extending it. Had it over a year so far

Share this post


Link to post
Share on other sites

It's good to start with but can easily become a bit of a grind. And once the new customer offers run out it gets a lot more difficult to make easy money. 

Share this post


Link to post
Share on other sites

I’ve tried this in the past . It gets so tedious , and having money in so many different betting accounts can make things confusing, and you lose track. Signing up to new accounts, providing ID before you can withdraw, just too much effort for me .. and that’s coming from someone who is skint most of the time. 

Share this post


Link to post
Share on other sites
On ‎10‎/‎09‎/‎2019 at 17:52, RobHawk said:

Yeah, I'm sure my 0% will run out eventually but they do keep extending it. Had it over a year so far

had it for years, they'd be stupid to stop it now.

Share this post


Link to post
Share on other sites

Made  £4500 over the last 9 months.  I wish your weren't advertising this though.  Already too many are doing it. 

On 10/09/2019 at 09:27, goose2010 said:

I did this a few years back, it used to be so much easier than it is these days.

 

Cheltenham festival is usually the best way to make some money.

 

BUT you need a clean slate of accounts literally no point if you have the main accounts (skybet, Paddy Power Coral etc. already) as the opening offers are the best way to build your pot.

 

The longer you do it for the more time consuming it becomes.

 

If you do decide to go for it Smarkets is your best exchange as they only take 2% compared to Betfair taking 5%

I get 2% on betfair 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...