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matched betting


anth_85
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Any other matched betters out there? I've been doing it for near three years. Currently loving 2up and looking forward to hi5 coming back, 2clear has been slow going.

 

ive dabbled in it a little. it makes money but since I hate sport I find it a tedious and boring way to make a few quid.

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What's this then? You set fire to two matches a see which one burns the fastest?

 

:lol:


No, you bet on a sports result with one bookie, then bet on the opposite result with another. If you make use of sign up bonuses with one of them you then effectively can't lose. It requires jumping through some hoops and also understanding what you're doing, although lots of websites will do all the maths for you and suggest which events to bet on and through which bookies.


I just didn't have the patience, I felt like it was a lot of time and effort for not much return at the level I was willing to invest (both in money and time). And whilst not illegal by any stretch, bookies can be fickle and close your account if they think you're doing it and not a 'normal' customer (ie someone they can suck the blood from) so from what I understand the people who go all in also take the time to do some 'normal' betting behaviour to stay under the radar a bit.

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I haven't gone near a bookie since I won £1300 after a £10 initial bet with online blackjack. Took 3 days for them to payout the cash, though during that time I was free to use my winnings to make other bets but couldn't actually withdraw it :roll:

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What's this then? You set fire to two matches a see which one burns the fastest?

 

that would be a good way to describe it :lol:


The idea is you bet on every eventually. Say for example I place a £10 bet on william hill for sunderland to win at evens. You then go to another bookie (betfair for example) and place a £10 on sunderland not to win again at evens. (The not to win is crucial to cover off the match being drawn). So If Sunderland win you win £10 at william hills and lose £10 at betfair. If sunderland lose you lose your £10 at william hill and win £10 at betfair. Either way, you come out of it with no profit and no loss. Pretty pointless right? Well not so if say william hill had a sign-up offer where if you bet £10 with them then give you a £30 free bet. You can repeat the process using the freebet on one side and a slightly lower amount on the other side so regardless of what happens you make profit, usually about 80% of the freebet value. You're betting but you're not gambling.


Of course, some offers are easier than others, coral, betfred, william hill, ladbrookes are all examples where it's as easy as doing these two bets and you are done. Others can be more complicated, for example, if you have to bet the freebet value 5 times before you can withdraw, you'd just repeat the bets making no profit and no loss until you either have nothing left in the bookie account or you have placed enough to unlock the withdraw.


Once you've done plenty of the sign up offers you can move onto something called re-loads. These are offers bookies do to keep you betting. Bet365 have one called 2up which is awesome, they will pay out as a winner if the team goes 2 goals in front. Last week I backed marseille for £200 at evens and laid (which is what you call betting against) them again for £200 at evens. The went 2 goals up so bet365 paid out my £200 winnings, but the match wasn't finished, Apollon Limassol came back and the match was drawn 2-2, so I also won £200 on laid bet of marseille not winning. £400 profit for about 30seconds worth of work. Obviously, these don't happen all the time but I've hit 3 of these in the last 2 weeks.

 

And whilst not illegal by any stretch, bookies can be fickle and close your account if they think you're doing it and not a 'normal' customer (ie someone they can suck the blood from) so from what I understand the people who go all in also take the time to do some 'normal' betting behaviour to stay under the radar a bit.

 

This is true. It's called gubbing, they either close your account, restrict your stakes to small amounts, or remove any offers from you. Most people get around this being opening more accounts in friends and families names. I currently have 5 sets on the go. I've been doing it for 3 years in January and I've made in the region of 25k, so while it's not enough to live off as a wage, it's a very nice way of making a few extra quid when you're just sitting on the sofa at night or having a lazy weekend.


A lot of people start out with https://www.profitaccumulator.co.uk/, then move to https://www.oddsmonkey.com/ since profitacumulator has really good intro guide videos, but oddsmonkey are who actually develop the tools to find the offers, the calculators to take any thinking out of it and the best support.

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I haven't gone near a bookie since I won £1300 after a £10 initial bet with online blackjack. Took 3 days for them to payout the cash, though during that time I was free to use my winnings to make other bets but couldn't actually withdraw it :roll:

 

that's pretty standard for casino style online bookies. I find with bet365 and william hill if you request a withdraw they will have it sitting there in pending until about 11pm that even then it gets processed and in your bank late the next working day. Others like betfred will have it sitting there in pending for 2-3 days before they process it, and again once it's actually processed its next working day. They all say withdraws take 3-5 working days, it's just some are a lot better than others. Casino and bingo ones seem to be the slowest though

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betting and gambling are all maths to me. And I am rubbish at maths. So no, I don;t take part in it :lol:


I do have a couple of bets on the next Game of Thrones season though :roll:

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This is true. It's called gubbing, they either close your account, restrict your stakes to small amounts, or remove any offers from you. Most people get around this being opening more accounts in friends and families names. I currently have 5 sets on the go.

 

And this was exactly where I couldn't be bothered with it. The payback didn't seem worth the effort. Maybe that means I'm too well off.

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[mention]anth_85[/mention] It was the fact that I could use the money towards any bets or casino activities but not withdraw that I found amusing. It was a really lucky run that I will never repeat again.


I bet on a couple of UFC fights, won on one lost on the other, but I ended up with only £11 in my online account and the minimum withdrawal was £20 so I decided just to play about on the blackjack. I bet the £11 and doubled my money so bet £22 and same thing happened, kept playing and betting silly amounts as I reasoned it wasn't actually my money anyway. I got up to £1800 before I started losing and finally decided to stop at £1280 :lol:


I knew the game they were playing by making me wait for the money but still allowing it to be used on bets. But i'm a Yorkshire man and wanted the cash :mrgreen:


That was approx 3 years ago and I haven't bet since.

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betting and gambling are all maths to me. And I am rubbish at maths. So no, I don;t take part in it :lol:


I do have a couple of bets on the next Game of Thrones season though :roll:

 

it is and it isn't really, the only maths involved is chunking the numbers into the calculator

I think I'll stick to the day job. It's less complicated!

 

Once you've done 4 or 5 it starts to make sense and you can do each one in seconds. I'd recommend anyone just watches the video guides to start with, does the 2 offers both sites give you guidance for, for free (coral and betfred). You'll make £50. If you don't think it's worth it then no harm done and you've made enough for a takeaway and some beer.

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[/u]

@anth_85 It was the fact that I could use the money towards any bets or casino activities but not withdraw that I found amusing. It was a really lucky run that I will never repeat again.


I bet on a couple of UFC fights, won on one lost on the other, but I ended up with only £11 in my online account and the minimum withdrawal was £20 so I decided just to play about on the blackjack. I bet the £11 and doubled my money so bet £22 and same thing happened, kept playing and betting silly amounts as I reasoned it wasn't actually my money anyway. I got up to £1800 before I started losing and finally decided to stop at £1280 :lol:


I knew the game they were playing by making me wait for the money but still allowing it to be used on bets. But i'm a Yorkshire man and wanted the cash :mrgreen:


That was approx 3 years ago and I haven't bet since.

 

I dont like casino style bookies. There are offers you can do that aren't risk free but do stack the odds in your favour. I still avoid them though, partly for the reasons you say, I stick to sports now.

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