Here we go once again. Made a nice profit from the horses earlier and feeling on the money. Let's do this!
BET #1
It's a simple one
Oxford Vs Leicester
Betting on Leicester to win
£10 stake
1.7 odds (placed at HT)
Currently 1-1 after 36 minutes. Leicester were 1-0 down but have been dominating. They are fielding a fairly strong team.
CITY: Schmeichel, Simpson, Huth, Morgan, Chilwell, Drinkwater, Choudhury, Gray, Mahrez, Okazaki, Ulloa
RESULT - WIN
New Balance - £17
********************
BET #2
Godoy Cruz VS Estudiantes De Caseros
Copa Argentina
£17 stake
Betting on over 1.5 GOALS
Odds are 1.4 (2/5)
Currently 1-0 with both teams having several attempts on goal.
Godoy Cruz are 2nd in the top league and Estudiantes are mid table in the league below, so it should be one sided, but it's not. Godoy Cruz wont feel comfortable on a one goal lead and will need to aim for another to secure victory. Either team could score and we only need 1.
RESULT - WIN
New Balance - £23.80
********************
BET #3
Oeste VS Brasil De Pelotas
Stake is £23.80 (or your accumulated funds so far)
Over 2.5 GOALS
Odds 1.4 (2/5) (some bookies are around 1.33 ... if you wait a few minutes in to the next half the odds should be up to 1.4).
Oeste looks as though they should smash this but they are prone to letting in plenty of goals themselves. This game screams more goals.
HT is 1-1. 11 shots on target in the first half. Both teams have everything to play for.
Tuesday, 19 July 2016
Horse Tip - Lucky 15
I don't normally do horse tips - but i have viewed some other tipsters tips, done my own research, and put together this for a lucky 15.
15.45 Musselburgh - Our Kylie,
16.30 Ffos Las - Go Amber Go,
16.45 Musselburgh - Always Resolute,
18.30 Ballinrobe - Jack The Wire
Lucky 15 is 15 bets covering 4 singles, 6 doubles, 4 trebles and a four-fold accumulator. So if you get 1 horse you make a small loss, 2 horses you make a small profit, 3 or more and you start getting a decent return.
Typically I put down a £1 stake which is a £15 total bet.
Good luck!
Wednesday, 13 July 2016
£10 - £200 betting challenge
Here we go again.
Bet #1
Gualaceo sc VS Macara
OVER 1.5 GOALS
1.67 odds (on skybet)
£10 stake
The away team are top of the league and are getting plenty of shots and corners. Confident they will be going all out to score, and may even let one in by being too attacking.
RESULT - WIN
New Balance - £16.67
*********************
BET #2
Figueirense VS Ponte Preta
£16.67 stake
Betting on Ponte Preta to win on the DRAW NO BET market meaning if its a draw we get a refund. Double result odds are too low to bother.
Odds are around 1.8 on betting exchanges so try and get as close as you can from a bookie.
RESULT - VOID
New Balance - £16.67
*********************
BET #3
Partizan Belgrade VS Zaglebie Lubin
£16.67 stake
Over 0.5 goals
1.63 odds
Away team have been struggling and now have 10 men. There has to be a goal in this!
RESULT - Lose
Actually gutted with this one. Cant believe it!
Bet #1
Gualaceo sc VS Macara
OVER 1.5 GOALS
1.67 odds (on skybet)
£10 stake
The away team are top of the league and are getting plenty of shots and corners. Confident they will be going all out to score, and may even let one in by being too attacking.
RESULT - WIN
New Balance - £16.67
*********************
BET #2
Figueirense VS Ponte Preta
£16.67 stake
Betting on Ponte Preta to win on the DRAW NO BET market meaning if its a draw we get a refund. Double result odds are too low to bother.
Odds are around 1.8 on betting exchanges so try and get as close as you can from a bookie.
RESULT - VOID
New Balance - £16.67
*********************
BET #3
Partizan Belgrade VS Zaglebie Lubin
£16.67 stake
Over 0.5 goals
1.63 odds
Away team have been struggling and now have 10 men. There has to be a goal in this!
RESULT - Lose
Actually gutted with this one. Cant believe it!
Monday, 11 July 2016
£10 - £200 Challenge
BET #1
£10
This is a double bet , so I require both results to come in to win this bet.
Betting on:
Valur to beat IBV (currently 2-1 at half time)
AND
Groningen to beat QPR. (currently 1-0 at 60 minutes)
RESULT - WIN
New Balance - £15.81
**********************
BET #2
Cruzeiro to win against Atletico PR
Bet is in play, with 35 minutes gone.
Cruzeiro have been dominating the game with possession and shots.
Found good odds with Genting Casino's sportsbook of 1.85 which beats all the big names.
Higher odds than I usually go for and so this is relatively high risk.
Cruzeiro are arguably the better team but they are a little off form. Hoping this is the game they turn their season around. They are certainly playing like they might.
RESULT -
New Balance -
£10
This is a double bet , so I require both results to come in to win this bet.
Betting on:
Valur to beat IBV (currently 2-1 at half time)
AND
Groningen to beat QPR. (currently 1-0 at 60 minutes)
RESULT - WIN
New Balance - £15.81
**********************
BET #2
Cruzeiro to win against Atletico PR
Bet is in play, with 35 minutes gone.
Cruzeiro have been dominating the game with possession and shots.
Found good odds with Genting Casino's sportsbook of 1.85 which beats all the big names.
Higher odds than I usually go for and so this is relatively high risk.
Cruzeiro are arguably the better team but they are a little off form. Hoping this is the game they turn their season around. They are certainly playing like they might.
RESULT -
New Balance -
Saturday, 9 July 2016
£10 - £200 Challenge
This time we are starting at £10 and working up to £200.
**********************
Bet #1
OVER 4.5 GOALS
Coquimbo Unido VS Palestino
£10 stake at odds of 1.67.
This is an in play bet where Palestino were 3-0 up and then the home team got a red and it quickly went 4-0. 25 minutes left to play at the time of placing the bet.
RESULT - WIN
New balance - £16.67.
**********************
BET #2
Laos to win with -2 Handicap
Laos VS Manila
£16.67 stake at 1.44
This is an in play bet where it is currently 4-0 to Laos who were the underdogs before the game started.
RESULT - WIN (Finished a massive 8-3!)
New Balance - £24
**********************
BET #3
OVER 2.5 GOALS - £24 stake
Dong Thap VS Can Tho (Vietnamese League)
Odds are 1.5 at type of typing
Massively attacking game, so many shots on goal and already over 11 corners!
RESULT - WIN
New Balance - £33.60
**********************
Just been reading that some tipsters don't even place their own bets... shocking news ;)
In case anyone cares...
***********************
BET #4
Shakhter Karagandy VS FC Ordabasy
Betting on Ordabasy to win (on the 'draw no bet' market).
This means if it is a draw the bet is void and we get the stake back.
Bet stake is £33.60.
The home team score very infrequently (-.5 goals per game average) and are looking like getting a great big zero this game too. Not overly confident of the win, but very confident we wont lose the stake.
RESULT - Void (finished a draw so the stake is returned)
New Balance - £33.60
**********************
Bet #5
Palmeirinha VS Taboao Da Serra
Betting on TABOAO DA SERRA to WIN
1.5 odds (1/2)
I am on £33.60 stake.
The away team are dominating as expected.
RESULT - WIN (finished a very comfortable 4-1)
New Balance - £50.40
*********************
Bet #6
Woking VS Watford (friendly)
Betting on Watford to win.
Not keen on betting on friendlies, but they are big favourites and are dominating possession and firing off way more shots. Should be a banker!
RESULT - Lose
New Balance - £10 in the bin.
Cant win them all. We had a good run. Next attempt coming soon.
**********************
Bet #1
OVER 4.5 GOALS
Coquimbo Unido VS Palestino
£10 stake at odds of 1.67.
This is an in play bet where Palestino were 3-0 up and then the home team got a red and it quickly went 4-0. 25 minutes left to play at the time of placing the bet.
RESULT - WIN
New balance - £16.67.
**********************
BET #2
Laos to win with -2 Handicap
Laos VS Manila
£16.67 stake at 1.44
This is an in play bet where it is currently 4-0 to Laos who were the underdogs before the game started.
RESULT - WIN (Finished a massive 8-3!)
New Balance - £24
**********************
BET #3
OVER 2.5 GOALS - £24 stake
Dong Thap VS Can Tho (Vietnamese League)
Odds are 1.5 at type of typing
Massively attacking game, so many shots on goal and already over 11 corners!
RESULT - WIN
New Balance - £33.60
**********************
Just been reading that some tipsters don't even place their own bets... shocking news ;)
In case anyone cares...
***********************
BET #4
Shakhter Karagandy VS FC Ordabasy
Betting on Ordabasy to win (on the 'draw no bet' market).
This means if it is a draw the bet is void and we get the stake back.
Bet stake is £33.60.
The home team score very infrequently (-.5 goals per game average) and are looking like getting a great big zero this game too. Not overly confident of the win, but very confident we wont lose the stake.
RESULT - Void (finished a draw so the stake is returned)
New Balance - £33.60
**********************
Bet #5
Palmeirinha VS Taboao Da Serra
Betting on TABOAO DA SERRA to WIN
1.5 odds (1/2)
I am on £33.60 stake.
The away team are dominating as expected.
RESULT - WIN (finished a very comfortable 4-1)
New Balance - £50.40
*********************
Bet #6
Woking VS Watford (friendly)
Betting on Watford to win.
Not keen on betting on friendlies, but they are big favourites and are dominating possession and firing off way more shots. Should be a banker!
RESULT - Lose
New Balance - £10 in the bin.
Cant win them all. We had a good run. Next attempt coming soon.
Thursday, 7 July 2016
Welcome Offer #4 - TonyBet
Click here to open the next bookie account -> HERE
This is for TonyBet who offer a 50% deposit bonus up to £100.
Open the account and deposit £200 or less. TonyBet have been known to restrict peoples accounts very quickly if they win on the first bet after taking the max size bonus. So consider depositing less, or be confident your first bet will lose.
If you want to try for the full £100 bonus but dont have a large bank balance to use then you should come back to this offer later once you have grown your bank with other offers.
FIRST BET
Must be at odds of 1.85 or higher.
Calculate as NORMAL.
Place your full balance (deposit + deposit bonus) on a single bet and lay it off using Betfair.
It is worth going for higher odds to increase your chance of losing the first bet for 2 keys reasons:
1 - To avoid the rollover which is quite large (12x the bonus)
2 - TonyBet have been known to restrict accounts that win on the first bet making it very difficult to complete the wagering.
IF THE FREE BET WINS
You will have a rollover to complete before you can withdraw your winnings. You need to bet a total of 12 x the bonus amount. So if you take the £100 bonus, you need to wager £1200 of bets before it is withdrawable.
Back and lay bets of any size until you either lose your TonyBet funds to the exchange or complete the wagering requirement. Be sure to stick to close matches to ensure you keep the bulk on the money.
BEST STRATEGY
Try and lose the first bet. The higher odds you take the less chance there is that it will win. You will have higher profit if you do not need to complete the rollover. Remember that you will need more money in the exchange the higher odds you take. You will also need enough funds to complete the rollover. You could potentially end up with over £1200 in TonyBet so don't go all in if you don't have the funds to complete it.
This is for TonyBet who offer a 50% deposit bonus up to £100.
Open the account and deposit £200 or less. TonyBet have been known to restrict peoples accounts very quickly if they win on the first bet after taking the max size bonus. So consider depositing less, or be confident your first bet will lose.
If you want to try for the full £100 bonus but dont have a large bank balance to use then you should come back to this offer later once you have grown your bank with other offers.
FIRST BET
Must be at odds of 1.85 or higher.
Calculate as NORMAL.
Place your full balance (deposit + deposit bonus) on a single bet and lay it off using Betfair.
It is worth going for higher odds to increase your chance of losing the first bet for 2 keys reasons:
1 - To avoid the rollover which is quite large (12x the bonus)
2 - TonyBet have been known to restrict accounts that win on the first bet making it very difficult to complete the wagering.
IF THE FREE BET WINS
You will have a rollover to complete before you can withdraw your winnings. You need to bet a total of 12 x the bonus amount. So if you take the £100 bonus, you need to wager £1200 of bets before it is withdrawable.
Back and lay bets of any size until you either lose your TonyBet funds to the exchange or complete the wagering requirement. Be sure to stick to close matches to ensure you keep the bulk on the money.
BEST STRATEGY
Try and lose the first bet. The higher odds you take the less chance there is that it will win. You will have higher profit if you do not need to complete the rollover. Remember that you will need more money in the exchange the higher odds you take. You will also need enough funds to complete the rollover. You could potentially end up with over £1200 in TonyBet so don't go all in if you don't have the funds to complete it.
Welcome Offer #3
Click here to open the next bookie account ->
HERE
This is for "Bet £10 and get triple the odds"
Open the account and deposit £10.
To get the most profit from this you need to take higher odds, perhaps odds of 4 or above.
Change your odds to DECIMAL at the very bottom of the sports page when you are logged in.
We need to work out what the triple odds equate to by following these 3 steps.
Example, odds of 4:
FIRST ... 4 - 1 = 3
SECOND ... x3 (triple odds) = 9.
THIRD ... 9 + 1 = 10
So if you have odds of 4, triple odds is 10.
Enter in to the bet calculator (http://www.trickybet.net/lay-calculator) using it on NORMAL mode (in the top left corner), with your triple odds (back odds of 10 in this example) and the actual lay odds in Betfair (should be close to 4.1 for this example). Enter your Betfair commission as 5% and hit 'calculate'
See the screenshot below. We use the lay stake from the standard match section which is £24.69 in this example. You will need to have funds available in Betfair to cover the liability - £76.54 in this example.
If the bet with 888 sport loses you make an instant profit.
If the bet with 888 sport wins then you will receive some free bets. The size of the free bet depends on what odds you took, so it wont be the same for everyone.
With your free bet (regardless of how big it is), simple place a back and lay bet using the free bet, using high odds, and using the calculator on the SNR setting.
Once the free bet is settled you will now be in profit.
You should make around £13-15 from this offer depending on your odds.
Examples of higher odds scenarios (which will require more money in the exchange to cover a higher liability)
Back odds of 6, lay odds of 6.2 - Liability is £135.30 - Profit is £14.70
Back odds of 8, lay odds of 8.2 - Liability is £194.33 - Profit is £15.67
This is for "Bet £10 and get triple the odds"
Open the account and deposit £10.
To get the most profit from this you need to take higher odds, perhaps odds of 4 or above.
Change your odds to DECIMAL at the very bottom of the sports page when you are logged in.
We need to work out what the triple odds equate to by following these 3 steps.
Example, odds of 4:
FIRST ... 4 - 1 = 3
SECOND ... x3 (triple odds) = 9.
THIRD ... 9 + 1 = 10
So if you have odds of 4, triple odds is 10.
Enter in to the bet calculator (http://www.trickybet.net/lay-calculator) using it on NORMAL mode (in the top left corner), with your triple odds (back odds of 10 in this example) and the actual lay odds in Betfair (should be close to 4.1 for this example). Enter your Betfair commission as 5% and hit 'calculate'
See the screenshot below. We use the lay stake from the standard match section which is £24.69 in this example. You will need to have funds available in Betfair to cover the liability - £76.54 in this example.
If the bet with 888 sport loses you make an instant profit.
If the bet with 888 sport wins then you will receive some free bets. The size of the free bet depends on what odds you took, so it wont be the same for everyone.
With your free bet (regardless of how big it is), simple place a back and lay bet using the free bet, using high odds, and using the calculator on the SNR setting.
Once the free bet is settled you will now be in profit.
You should make around £13-15 from this offer depending on your odds.
Examples of higher odds scenarios (which will require more money in the exchange to cover a higher liability)
Back odds of 6, lay odds of 6.2 - Liability is £135.30 - Profit is £14.70
Back odds of 8, lay odds of 8.2 - Liability is £194.33 - Profit is £15.67
Wednesday, 6 July 2016
Welcome Offer #2
Click here to open the next bookie account -> HERE
This is for BetVictor who offer a bet 25 get 25 free.
Open the account and deposit £25
QUALIFYING BET
Must be at odds of 2 or higher.
Find a good match at odds of 2 or more and place the back bet and lay it off using betfair.
FREE BET
Within 48 hours (usually less) you will be credited a £25 free bet.
Use odds of 4 or more to get the best value, place the back bet with BetVictor using the free bet and lay it off using Betfair.
Remember to change the calculator to SNR for the free bet.
IF THE FREE BET WINS
You will have a rollover to complete before you can withdraw your winnings. You need to bet a total of £100 (1 large bet or several smaller ones). Simply back and lay bets at odds of 2 or more until you have bet a further £100 or you have run out of funds in BetVictor (at which point it will all be in the exchange).
BEST STRATEGY
Try and lose the free bet. The higher odds you take the less chance there is that it will win. You will have higher profit (about £5 more) if you do not need to complete the rollover. If you do have to do the rollover, try and lose all the funds from BetVictor as early as possible so you dont need to complete the full £100 of the rollover.
Estimated Value of this offer is £20 if you do not need to complete the rollover, or £15 if you do.
This is for BetVictor who offer a bet 25 get 25 free.
Open the account and deposit £25
QUALIFYING BET
Must be at odds of 2 or higher.
Find a good match at odds of 2 or more and place the back bet and lay it off using betfair.
FREE BET
Within 48 hours (usually less) you will be credited a £25 free bet.
Use odds of 4 or more to get the best value, place the back bet with BetVictor using the free bet and lay it off using Betfair.
Remember to change the calculator to SNR for the free bet.
IF THE FREE BET WINS
You will have a rollover to complete before you can withdraw your winnings. You need to bet a total of £100 (1 large bet or several smaller ones). Simply back and lay bets at odds of 2 or more until you have bet a further £100 or you have run out of funds in BetVictor (at which point it will all be in the exchange).
BEST STRATEGY
Try and lose the free bet. The higher odds you take the less chance there is that it will win. You will have higher profit (about £5 more) if you do not need to complete the rollover. If you do have to do the rollover, try and lose all the funds from BetVictor as early as possible so you dont need to complete the full £100 of the rollover.
Estimated Value of this offer is £20 if you do not need to complete the rollover, or £15 if you do.
Tuesday, 5 July 2016
Useful Tools For Matched Betting
http://www.trickybet.net/lay-calculator
Trickybet is a free calculator that allows you to work out how much to lay for each bet you do, for qualifying bets and also for your free bets. Most free bets are 'stake not returned (SnR)' and the calculator works everything out for you.
http://www.oddschecker.com/football
Oddschecker is great for finding the best odds for loads of events in loads of different sports. So if you want to find the best odds the the Wales Semi Finals match then you can find out which bookies have it here. That will help you find good matches for the offers to minimise your qualifying losses and maximise your free bet profits.
Trickybet is a free calculator that allows you to work out how much to lay for each bet you do, for qualifying bets and also for your free bets. Most free bets are 'stake not returned (SnR)' and the calculator works everything out for you.
http://www.oddschecker.com/football
Oddschecker is great for finding the best odds for loads of events in loads of different sports. So if you want to find the best odds the the Wales Semi Finals match then you can find out which bookies have it here. That will help you find good matches for the offers to minimise your qualifying losses and maximise your free bet profits.
Matched Betting Info for Beginners
We will cover a few of the basic terms that we use within matched betting on this post.
Back Bet
The back bet is the bet with the bookie where you back a selection. So for example you might be backing Leicester at odds of 3 (3 is the decimal version of 2/1)
Lay Bet
A lay bet is a single bet that covers every other outcome. So in football if we have backed Leicester, we would LAY Leicester which effectively covers the draw and the opposite team to win. We do this using a betting exchange, and we will use Betfair Exchange. Another way to describe a lay bet would be to call it 'bet against', so you would BACK team A with the bookie and bet against them (LAY) with the betting exchange.
Qualifying Bet
To get the free bets on offer we need to place a qualifying bet first. So for example (a bet £5 get £20 offer) we would place a £5 back bet as the qualifying bet, and place a lay bet in the betting exchange to cover the other possible outcomes.
Free Bet
Once we have completed the qualifying £5 bet we will be given our £20 free bet. This is where we make the profit. We place the £20 free bet as a back bet on anything you want. It is best to aim for odds of around 5 or 6, The higher odds you take the more profit you will make, but you will also need more money in the betting exchange to LAY the bet. So don't go for too high odds, it's not worth it.
Finding Your First Bet - The Qualifying Bet
Many bookies have terms such as your back bet MUST be at odds of 1.5 (1/2) or higher. To change your odds from fractional (1/2) to decimal (1.5) you can do this by clicking on 'decimal' at the very top of the page.
To have the smallest possible qualifying loss for this offer, to maximise our total profits, we need to find a close match between the bookie and the betting exchange. So if you find a bet which is 1.6 with the bookie, you want it to be as close to 1.6 on the exchange as possible. 1.6 -> 1.66 would be a perfectly good match. 1.6 to back and 1.9 to lay would not be a good match and we would look for something better. Simply, the smaller the gap between the back and lay odds, the less you will lose on the qualifying bet. A 50p loss or less from a £10 qualifying bet is fine.
Using the Betting Exchange
Before we place the back bet we want to ensure that we have located a good match for the back bet and also that you are ready to place the lay bet on the betting exchange. Using Betfair Exchange, locate the game you want to bet on. There are 2 columns, a blue one and a red one. The blue column is to place a back bet, and the red column is to place a lay bet. The lay odds in the red column are the ones we use to compare against the back odds with the bookie. When we are happy we have found a good match we figure out how much money to put on the lay bet using a matched betting calculator, and then place the bets in this order.
1 - Place the £5 back bet with the bookie.
2 - Place the lay bet with Betfair Exchange, using the matched betting calculator to work out how much to bet on the lay bet.
Open your account with Betfair now to save time later.
CLICK HERE
Using Your Free Bet
After the qualifying bet has settles (the match is complete) you will have won money either in to the bookie or into the betting exchange. At this point the bookie will credit you £20 as a free bet.
Most sites have free bets which have terms to state that the free bet stake is not returned with any winnings. For example, if you make a back bet on something with even odds (odds of 2) you would normally have returned £20 from a £10 bet. This £20 is your initial £10 stake and your £10 profit. Using a free bet where the stake is not returned, this means if you win an even odds bet (odds of 2) then you will only have £10 returned to you, as it excludes the initial £10 stake. To maximise how much money you get from the free bet you should place the free bet on higher odds. Typically odds between 5-10 are ideal. You still need a fairly close match between the back bet and the free bet. For example, odds of 7 for the back bet and 7.2 for the lay bet would be fine.
The reason we take higher odds is because you get more profit from the free bet. Use the matched betting calculator and play around with different odds to help you understand how much profit you will make depending on the odds you use, and how close the match needs to be. You should aim to get £7.50 - £8 profit from each £10 free bet you get.
Once you have found a good match which gets you £15+ profit from your £20 free bet, we then do the same again.
1 - Place the back bet first using the free bet.
2 - Take the lay stake from the matched betting calculator and place the lay bet straight afterwards.
Once this bet settles, your combined balance between the bookie and Betfair will be around £15 higher than when you started.
Back Bet
The back bet is the bet with the bookie where you back a selection. So for example you might be backing Leicester at odds of 3 (3 is the decimal version of 2/1)
Lay Bet
A lay bet is a single bet that covers every other outcome. So in football if we have backed Leicester, we would LAY Leicester which effectively covers the draw and the opposite team to win. We do this using a betting exchange, and we will use Betfair Exchange. Another way to describe a lay bet would be to call it 'bet against', so you would BACK team A with the bookie and bet against them (LAY) with the betting exchange.
Qualifying Bet
To get the free bets on offer we need to place a qualifying bet first. So for example (a bet £5 get £20 offer) we would place a £5 back bet as the qualifying bet, and place a lay bet in the betting exchange to cover the other possible outcomes.
Free Bet
Once we have completed the qualifying £5 bet we will be given our £20 free bet. This is where we make the profit. We place the £20 free bet as a back bet on anything you want. It is best to aim for odds of around 5 or 6, The higher odds you take the more profit you will make, but you will also need more money in the betting exchange to LAY the bet. So don't go for too high odds, it's not worth it.
Finding Your First Bet - The Qualifying Bet
Many bookies have terms such as your back bet MUST be at odds of 1.5 (1/2) or higher. To change your odds from fractional (1/2) to decimal (1.5) you can do this by clicking on 'decimal' at the very top of the page.
To have the smallest possible qualifying loss for this offer, to maximise our total profits, we need to find a close match between the bookie and the betting exchange. So if you find a bet which is 1.6 with the bookie, you want it to be as close to 1.6 on the exchange as possible. 1.6 -> 1.66 would be a perfectly good match. 1.6 to back and 1.9 to lay would not be a good match and we would look for something better. Simply, the smaller the gap between the back and lay odds, the less you will lose on the qualifying bet. A 50p loss or less from a £10 qualifying bet is fine.
Using the Betting Exchange
Before we place the back bet we want to ensure that we have located a good match for the back bet and also that you are ready to place the lay bet on the betting exchange. Using Betfair Exchange, locate the game you want to bet on. There are 2 columns, a blue one and a red one. The blue column is to place a back bet, and the red column is to place a lay bet. The lay odds in the red column are the ones we use to compare against the back odds with the bookie. When we are happy we have found a good match we figure out how much money to put on the lay bet using a matched betting calculator, and then place the bets in this order.
1 - Place the £5 back bet with the bookie.
2 - Place the lay bet with Betfair Exchange, using the matched betting calculator to work out how much to bet on the lay bet.
Open your account with Betfair now to save time later.
CLICK HERE
Using Your Free Bet
After the qualifying bet has settles (the match is complete) you will have won money either in to the bookie or into the betting exchange. At this point the bookie will credit you £20 as a free bet.
Most sites have free bets which have terms to state that the free bet stake is not returned with any winnings. For example, if you make a back bet on something with even odds (odds of 2) you would normally have returned £20 from a £10 bet. This £20 is your initial £10 stake and your £10 profit. Using a free bet where the stake is not returned, this means if you win an even odds bet (odds of 2) then you will only have £10 returned to you, as it excludes the initial £10 stake. To maximise how much money you get from the free bet you should place the free bet on higher odds. Typically odds between 5-10 are ideal. You still need a fairly close match between the back bet and the free bet. For example, odds of 7 for the back bet and 7.2 for the lay bet would be fine.
The reason we take higher odds is because you get more profit from the free bet. Use the matched betting calculator and play around with different odds to help you understand how much profit you will make depending on the odds you use, and how close the match needs to be. You should aim to get £7.50 - £8 profit from each £10 free bet you get.
Once you have found a good match which gets you £15+ profit from your £20 free bet, we then do the same again.
1 - Place the back bet first using the free bet.
2 - Take the lay stake from the matched betting calculator and place the lay bet straight afterwards.
Once this bet settles, your combined balance between the bookie and Betfair will be around £15 higher than when you started.
William Hill for the Wales Semi Finals
I use a system called matched betting which is a risk free method of guaranteeing profit from bookies offers. So there is no risk involved. By doing this i make profit which is small and often, and averages about £1k a month profit over the last year.
There are paid services out there which are fantastic which show you how to do it. However i will give you the information for free whilst the site is new and I am gaining followers. In this time you can learn matched betting for free and reap the rewards. If you would rather use the paid for websites then I will link to them at the bottom of this page.
Be sure to join my Facebook group of the same name (Ed's win win bets). the group is started from today. I will post updates of new offers with instructions there, and be on hand to answer any questions.
To get started you will need accounts with a betting exchange as well as the bookie. If you have accounts with William Hill already then this post is not for you (there are around 50 bookies with offers worth doing, so join the group and wait for offers to be posted with bookies you don't have).
The reason we need both is because we will back Wales in tomorrows semi final, and lay the bet (bet against them) using Betfair. Betfair is a betting exchange which is a little more complicated than a normal bookie.
I've made it really simple for you, just follow the links and you will land on the right page for sign ups.
I've made it really simple for you, just follow the links and you will land on the right page for sign ups.
Click here to get the best welcome offer with William Hill. Use the promotion code 'F25' and deposit £25.
For William Hill's offer, we get a £25 free bet which is where we make the profit.
We make a qualifying bet to get this. On the qualifying bet we make no profit.
With William Hill bet £25 on PORTUGAL to win. Their current odds are 2.25 (5/4).
With Betfair, LAY £25.92 on Portugal (bet against Portugal by clicking the odds in RED (currently 2.22, or just a fraction lower than 5/4)).
Based on these odds we lay £25.92, if the odds have changed then you can use www.trickybet.net/lay-calculator to work out how much to lay by manually entering the back odds (from William Hill) and the lay odds (from Betfair) and the back bet amount (£25). Your liability for this bet is £31.62 based on these odds, meaning you must have £31.62 or more in your account with Betfair to make this bet. So once you have created your account deposit enough to cover this.
Regardless of the result, your total balance between William Hill and Betfair will be 37p less than you started with. But you will now have a £25 free bet which is where you make your profit.
Once you have the free bet with William Hill, simply find a bet with high odds (around 5 or more), but note that the higher the odds the more profit you will make but at the same time the more money you will need in Betfair to lay the bet. So odds of 20 might make you 50p more profit but require you to deposit a large amount to Betfair. So stick to odds around 5.
Once you have found your bet on William Hill, find the same bet on Betfair Exchange. Make sure the lay bet is close to the back bet. For example, a back bet at odds of 5, you should make sure the lay bet with Betfair is around 5.3 or less. If it is more than this it is worth your time finding a different bet with similar odds. If you find it easier, drop me a message in the group and I'll reply with a couple of good bets to get the most profit from.
Use the bet calculator linked to above to work out how much to lay for your free bet. The end result is that your total balance between the 2 sites should now be around £20 up from when you started. Again, if you need help with this to make sure you are getting it right, just ask in the facebook group and i'll help straight away.
Happy Days.
We make a qualifying bet to get this. On the qualifying bet we make no profit.
With William Hill bet £25 on PORTUGAL to win. Their current odds are 2.25 (5/4).
With Betfair, LAY £25.92 on Portugal (bet against Portugal by clicking the odds in RED (currently 2.22, or just a fraction lower than 5/4)).
Based on these odds we lay £25.92, if the odds have changed then you can use www.trickybet.net/lay-calculator to work out how much to lay by manually entering the back odds (from William Hill) and the lay odds (from Betfair) and the back bet amount (£25). Your liability for this bet is £31.62 based on these odds, meaning you must have £31.62 or more in your account with Betfair to make this bet. So once you have created your account deposit enough to cover this.
Regardless of the result, your total balance between William Hill and Betfair will be 37p less than you started with. But you will now have a £25 free bet which is where you make your profit.
Once you have the free bet with William Hill, simply find a bet with high odds (around 5 or more), but note that the higher the odds the more profit you will make but at the same time the more money you will need in Betfair to lay the bet. So odds of 20 might make you 50p more profit but require you to deposit a large amount to Betfair. So stick to odds around 5.
Once you have found your bet on William Hill, find the same bet on Betfair Exchange. Make sure the lay bet is close to the back bet. For example, a back bet at odds of 5, you should make sure the lay bet with Betfair is around 5.3 or less. If it is more than this it is worth your time finding a different bet with similar odds. If you find it easier, drop me a message in the group and I'll reply with a couple of good bets to get the most profit from.
Use the bet calculator linked to above to work out how much to lay for your free bet. The end result is that your total balance between the 2 sites should now be around £20 up from when you started. Again, if you need help with this to make sure you are getting it right, just ask in the facebook group and i'll help straight away.
Happy Days.
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