Risk free matched betting using bookie offers
Discussion
Yes Phil 
You'll have read in the mse intro guide though to never trust cashback. Don't choose a cashback offer over a more favourable bonus. It's nice extra money when it comes in, but don't rely on it or base your opinion of an offer including any cashback amount.
With BF, the referrer offer is equally good with or without cashback, so you might as well try and get it.
You'll have read in the mse intro guide though to never trust cashback. Don't choose a cashback offer over a more favourable bonus. It's nice extra money when it comes in, but don't rely on it or base your opinion of an offer including any cashback amount.
With BF, the referrer offer is equally good with or without cashback, so you might as well try and get it.
Edited by richardxjr on Monday 21st November 11:22
TomE said:
richardxjr said:
Almost Tom. Try sticking £5 in the Stake Forfeit box 
(SNR)
Cheers for that again Richard. I was under the impression that the £5 free bet offer I got emailed from sky was actually a SR bet as it was put into my account as credit rather than listed a s a voucher? (SNR)I placed the whole £10 on one bet, so £10 stake and £5 stake forfeit (assuming that £5 free stake is not returned). My bet lost @ bookie side so I never found out if it was SR or SNR
When you back Phil?
If you wanted to do the mobile bonus, it needs to be on a bet that settles before 23.59 on Nov 30th, and you'll need around £400 in BF to make the most of it.
WillHill's £60SNR for £30 should be available next weekend, that's the offer to use for this - if not then Lads £50/£50
It would be an idea to have done a couple of lower value ones before this though
If you wanted to do the mobile bonus, it needs to be on a bet that settles before 23.59 on Nov 30th, and you'll need around £400 in BF to make the most of it.
WillHill's £60SNR for £30 should be available next weekend, that's the offer to use for this - if not then Lads £50/£50
It would be an idea to have done a couple of lower value ones before this though
There's some Euro footy on tomorrow eveningIt's typical of the European bookies' offerings really.
50% matched bonus so SR, up to E100. To get the bonus you have to bet 2 x deposit, so E400 - then a big WR to release winnings should you not bust out.
So yes a big BF and stakes float, and thefefore it's WAY down my list
Biggest UK & Irish bookie brands = simplest offers, to start with.
50% matched bonus so SR, up to E100. To get the bonus you have to bet 2 x deposit, so E400 - then a big WR to release winnings should you not bust out.
So yes a big BF and stakes float, and thefefore it's WAY down my list
Biggest UK & Irish bookie brands = simplest offers, to start with.
No, leave that one for later too. There's an easy £75 Vic one somewhere too.
Multiples are easy though really: on a treble, 3 events which don't overlay. Lay the 1st one, if it wins @ Bookie double lay the 2nd one, etc (read up on mse)
In the meantime
Totesport 10/10
BlueSq 25/25
Boylesports 40/20
Coral 40/20
Lads 50/50 (you've done that one I think)
Hill 60/30
Betfred 50/50
Easy ones to start off with, then there's some still pretty easy £100-200's, still with no WRs
(I'm still on the Paddy Power £200)
Multiples are easy though really: on a treble, 3 events which don't overlay. Lay the 1st one, if it wins @ Bookie double lay the 2nd one, etc (read up on mse)
In the meantime
Totesport 10/10
BlueSq 25/25
Boylesports 40/20
Coral 40/20
Lads 50/50 (you've done that one I think)
Hill 60/30
Betfred 50/50
Easy ones to start off with, then there's some still pretty easy £100-200's, still with no WRs
(I'm still on the Paddy Power £200
)Edited by richardxjr on Monday 21st November 13:01
Mustard said:
said:
Free Stake £10.00 Stake forfeit £10.00
Back Odds 3 Back Commission 0 Back Return £20.00
Lay Odds 1.54 Lay Commission % 5 Lay Risk £7.25
Back Profit £12.75 Lay Profit £12.75
Lay Stake £13.42
so Richard on this simple example using a Sky £10 FREE bet for Tottenham to beat Villa I'd need to bet £13.42 with Betfair to win £20, If Tottenham lost I'd win £20 on Betfair (thereby £7.25 profit) or if they won £20 from Sky less £13.42 I staked with Betfair to give £7.25 profit?Back Odds 3 Back Commission 0 Back Return £20.00
Lay Odds 1.54 Lay Commission % 5 Lay Risk £7.25
Back Profit £12.75 Lay Profit £12.75
Lay Stake £13.42
But if they did exist, you need to enter £10 in the stake forfeit box.
Check you're not looking at the handicap odds @ Sky
Match odds for Spurs are 1/2 = 1.5 decimal. 1.50:1.54 is just about acceptable odds for a qualifying bet, but uniquely with Sky you don't do a qualifier.
It's a straight free £10 SNR: So you want a good higher odds match around 7:7, and remember to put £10 in the stake forfeit box.
Match odds for Spurs are 1/2 = 1.5 decimal. 1.50:1.54 is just about acceptable odds for a qualifying bet, but uniquely with Sky you don't do a qualifier.
It's a straight free £10 SNR: So you want a good higher odds match around 7:7, and remember to put £10 in the stake forfeit box.
Edited by richardxjr on Monday 21st November 13:22
Tom, there is a £40snr for £20 for Coral, 1st page Google 'coral free 40'
Same with Boyle.
Anyway, that's actually a 7% loss. On low odds you really want a difference of 0.05 or less for under 5%.
I do remember Coral's odds are not brilliant though so up to you of course. There's only so much time you'll want to put in to make another <£1
Same with Boyle.
Anyway, that's actually a 7% loss. On low odds you really want a difference of 0.05 or less for under 5%.
I do remember Coral's odds are not brilliant though so up to you of course. There's only so much time you'll want to put in to make another <£1
Yes, you need to opt in to the mobile offer.
Find the offer (usually on sports homepage), click through and opt in You should be prompted to download their app - if not go to the 'mobile' tab near the top of page.
Your refund is based on your first ever settled mobile bet. 25% of lay liability to a max of £100.
Just use the mobile for that one big lay bet then leave it until after the bonus comes in.
Edit: here's the opt in url, from earlier in the thread.
hxxps://optin.betfair.com/?cid=6209
Copy and paste into your browser and replace the x's with t's
Find the offer (usually on sports homepage), click through and opt in
You should be prompted to download their app - if not go to the 'mobile' tab near the top of page.Your refund is based on your first ever settled mobile bet. 25% of lay liability to a max of £100.
Just use the mobile for that one big lay bet then leave it until after the bonus comes in.
Edit: here's the opt in url, from earlier in the thread.
hxxps://optin.betfair.com/?cid=6209
Copy and paste into your browser and replace the x's with t's
Edited by richardxjr on Tuesday 22 November 08:58
Edited by richardxjr on Tuesday 22 November 09:00
Hi Mustard.
Firstly, as you've put £10 in stake forfeit box, this looks like a free bet SNR (Skybet?) - In which case you want higher odds (7+)and a close match to aim for 80%+ out of £10.
If it was for a qualifying bet, keep stake forfeit box 0.00 ... and look for low odds with a much closer match.
What happens if a draw?
What you are doing is backing team X to win at the bookie.
You are also laying team X to win at the exchange (BF).
That lay bet pays out if any result other than team X wins.
So that covers a draw
Firstly, as you've put £10 in stake forfeit box, this looks like a free bet SNR (Skybet?) - In which case you want higher odds (7+)and a close match to aim for 80%+ out of £10.
If it was for a qualifying bet, keep stake forfeit box 0.00 ... and look for low odds with a much closer match.
What happens if a draw?
What you are doing is backing team X to win at the bookie.
You are also laying team X to win at the exchange (BF).
That lay bet pays out if any result other than team X wins.
So that covers a draw
Edited by richardxjr on Tuesday 22 November 12:36
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