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Matched betting. Money making any input much appreciated

Discussion in 'New Markets' started by Murphstealth, Nov 25, 2014.

  1. Murphstealth

    Murphstealth Newbie

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    I so I don't know if anyone one on here knows about Matched betting but its basically a legal way of exploiting bookmaker offers to come out a guaranteed profit. A lot on the Internet about it if you do a
    simple Google search.
    So basically doing this I made around £600 in a week aside from work then hit the problem id made an account with every bookmaker so could no longer exploit the offers.
    Just wondering how swim could explore possibilities to keep this going as the initial money I made feels to good to just leave. I'd be willing to help people out with this if they need info but was also hoping for some info as I'm 100% sure theirs someone who could help or 'join forces' to make some serious $$$$.
    first post so go easy :)
     
  2. Douglife31

    Douglife31 Junior Member

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    I'd be curious to hear more about this. From what I remember when I used to play poker online, you had to play through a certain amount or get a certain amount of points. So what is the method here? Feel free to PM me.

    If I remember correctly the sites I used would give monthly offers or "re-deposit" bonuses. Sometimes you simply had to send an email the support asking for it. You might try that route.
     
  3. loga2011

    loga2011 BANNED BANNED

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    what is the method to make money please explain in details through PMB ASAP. Thanks in advance
     
  4. Murphstealth

    Murphstealth Newbie

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    type in on Google 'savethestudent matched betting guide' I learnt it all off their pretty easy to understand bit more complex when you come to doing it its all good fun until you run out of bookmakers
     
    Last edited: Nov 27, 2014
  5. 1morenoob

    1morenoob BANNED BANNED

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    u could try sports arbitrage but the profit is only %2-3 per bet (pinnacle are the only bookmaker who won't ban u and obviously betting exchanges wont) and you'll quickly have your accounts banned. Could also use fake details with paypal, could get fuked for that though i assume so not reccomended
     
  6. dondada7

    dondada7 Power Member

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    I used to do this, there's not much you can do if you've done them all. Stuff thats not worth doing anyway.
     
  7. dondada7

    dondada7 Power Member

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    Although you can try use family or friends bank details and sign up under new account with proxy
     
  8. superbspurs

    superbspurs Regular Member

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    I did this for the 2010 World Cup when the offers were at their peak. A little tedious but easy money. The idea is that you use the 'free' money bets from the bookies to create a win-win situation. A quick example: say Spurs are playing Arsenal and you have £50 as a free bet. What you do is bet on Spurs to win with the free bets and go to a place like Betfair and bet on Spurs not to win with £50. Whatever the result you win.
    Preferably you want the Betfair bet to win because you have used your own cash. If the free bet wins you have to probably bet again until you can cash out, depending on their rules.
    You do need a little cash but it's pretty easy if you stick to the system. I've moved address now so I could do it again! Like OP said, there are plenty of things on the internet about it.
     
  9. Hawkster

    Hawkster Jr. VIP Jr. VIP

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    If your currently not signed upto to any legit betting websites you can easily make £500+. I can only speak for UK sites. Every week at least one of them gives a boosted odds bet for new customers only. For example betvictor was givng boosted odds of 4/1 for manchester city to beat everton to new customers, if i remember right the actual odds was 2/5.

    Man city was always going to win that game so i signed up with betvictor and placed the maximum stake of £10 on city. winning me £40 back plus my stake. Easy money for sure.

    Im pretty much out of options now, im signed up to pretty much every betting site possible lol.

    But for anyone new especially from the UK there is plenty of money to be made.
     
  10. tsggod

    tsggod Newbie

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    any more info on this?
     
  11. asdomain

    asdomain Newbie

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    usually things may not go as planned
     
  12. w1ndbreaker

    w1ndbreaker Newbie

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    I'd recommend arbitrage betting for those still curious. Use the varying spreads across different bookmakers to create your win-win as the odds shift due to organic user betting. As mentioned by 1morenoob above the margins can be pretty low, but when you deal in the 1000s of dollars locked into a profit-making scenario it doesn't become too shabby a deal.
     
  13. charmlessuser

    charmlessuser Newbie

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    Well maybe we can help each other out ... I did this sometimes, but I find it's hard to find these sometimes. But there's a lot of these bets. I am a programmer and looking for tips on how ppl search for these themselves to put them all together and find a searching algorithm for a software programm and maybe get profitable all together ?
     
  14. AlexIv

    AlexIv Junior Member

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    Do you have skype? I have experience in betting world, so we can discuss some ideas.
     
  15. angad1988

    angad1988 Newbie

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    Meh - this is dead and gone - the casinos/bookies now have a term where you can withdraw any money until you have bet circa 4-5X your deposit + x amount - which kills the maths - as you would have to be on a phenomenal roll to get the chance to withdraw..
     
  16. venussm

    venussm Newbie

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    good job,hope you share more :)
     
  17. cataratas

    cataratas Junior Member

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    This isn't dead at all and I started doing it 8 days ago- a mate of mine has been banging on about it for 3-4 years every time I see him. I caved in and got started. There's nothing magical about it. You sign up with a new bookmaker and place a deposit- usually £10 or £25 and they match the deposit with the same amount as a bonus. Make your bet and lay it off at Betfair or similar. You will lose a pound or so at most in the spread between bet and lay. Then you get your bonus, make the bet and lay it again and you have your guaranteed profit.

    I have a list I'm working through of bookmakers that give the matched bonuses. There are 20 on my list but there ARE more out there.

    Along the way they will make other offers. Even after a week I've had reload offers from 2 bookmakers.

    One of them gave me £5 to spend on the slots and I cashed out this morning for £66.15. I was doubtful I'd be able to cash out knowing the play through requirements generally but I must have met them. That was just a bonus and isn't what matched betting is about.

    Once you've exhausted all the bookmakers and the reload bonuses grind to a halt, people then move onto pure arbitrage. I'm not sure I'm going to head down that road because the margins are tiny and you need a good pool of cash to make it pay. For me this will likely be a short 2-3 month bit of profitable fun that will pull in somewhere between £500-£1000.
     
  18. airjm2345

    airjm2345 Registered Member

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    I considered doing this for a while

    You have to bet a ton of money both ways just to make like $50

    I viewed it as too risky because you're absolutely screwed if one of your bets gets cancelled (I've had that happen just betting regularly)

    The profits are so minor that partnering with someone else probably isn't worth it
     
  19. curiouspup

    curiouspup Newbie

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    Match betting still works just fine (in the UK at least). I joined a program around 8 months ago and made around £1200 on the sign-up offers and making approx £600 each month on reload offers. An example for today's offers (this is a mid week Thursday!)
    Skybet offering upto £25 free bet if your horse comes second or third at Doncaster races.
    Bet365 offering £50 free bet if you back a winner at odds of 4/1 or more
    Paddypower offers bet refund upto £25 if your horse is second to the SP fav.

    Looks confusing to a newbie but your guided through offers like this daily and the returns do mount up (most money is on the premier league at the weekends).

    Lots of mis-information on here, like people talking about wagering requirements, the fact your laying the bet off you actually want it to loose on the betting sites anyway! Avoid arb bets too they will quickly get your accounts restricted.
    Take a look at the videos on betglory if you want to know more (.com).
     
  20. goodvery

    goodvery Junior Member

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    I've tried it and did OK, but there are some risks:
    1) Bookie can cancel the bet.
    2) Bookie can limit your account. (you woudn't be able to bet more than lets say 5$).
    3) You can fuck up everything by placing bet on wrong team, outcome, date, etc...

    Also there is a forum called arbusers, you better ask there. Easiest route would be to use your friends and relatives info to create new accounts while you can. Then just move on.