Risk free matched betting using bookie offers
Discussion
Been playing with screens and that spreadsheet and have a much better idea now.
A question.
I've just been watching a match live with both the Betfair and Ladbrokes sites up and at one point the Lay was lower than the Back, only for 30 secs or less. If I had clicked on it would it have stayed at the same odds whilst I made the bet?
Cheers.
A question.
I've just been watching a match live with both the Betfair and Ladbrokes sites up and at one point the Lay was lower than the Back, only for 30 secs or less. If I had clicked on it would it have stayed at the same odds whilst I made the bet?
Cheers.
Last day tomorrow before Cheltenham starts.
So far i've got the following lined up, bearing in mind that I can only bet on my mobile while i'm at work so i'm having to tread quite carefully here.
William Hill £5 for £5 free bet
Lads - Free fiver if you deposit before the 12th.
Apollo bet - bet £60 on race one get £30 for last race - I think i'm gonna have to do my bets the night before for the qualifier for this one - anyone see a problem with doing this?
Paddy - Refund if on the Arkle Chase - gonna place this Monday night as well.
Betfred / Tote and Unibet all offering - refund if Darian wins opening race - again i'll have to place this on the Monday evening.
And so far thats all i've got.
For those who are a little confused by the refund if bit - freebets for all have got a page set up to do the calculations for you!
hxxp://www.freebets4all.com/refund-if-horse-wins-calculator.aspx
They've also got a very handy guide to the offers available at the moment for each and every race through the week
hxxp://www.latest.freebets4all.com/2012/03/cheltenham-free-bet-guide.html
eta: Can't see the Will Hill one anymore.
So far i've got the following lined up, bearing in mind that I can only bet on my mobile while i'm at work so i'm having to tread quite carefully here.
William Hill £5 for £5 free bet
Lads - Free fiver if you deposit before the 12th.
Apollo bet - bet £60 on race one get £30 for last race - I think i'm gonna have to do my bets the night before for the qualifier for this one - anyone see a problem with doing this?
Paddy - Refund if on the Arkle Chase - gonna place this Monday night as well.
Betfred / Tote and Unibet all offering - refund if Darian wins opening race - again i'll have to place this on the Monday evening.
And so far thats all i've got.
For those who are a little confused by the refund if bit - freebets for all have got a page set up to do the calculations for you!
hxxp://www.freebets4all.com/refund-if-horse-wins-calculator.aspx
They've also got a very handy guide to the offers available at the moment for each and every race through the week
hxxp://www.latest.freebets4all.com/2012/03/cheltenham-free-bet-guide.html
eta: Can't see the Will Hill one anymore.
Edited by Dan_1981 on Sunday 11th March 22:48
How about the Betfair mobile offer:
hxxp://promotions.betfair.com/cheltenham2012
Still trying to get my head around it but looks like it could trump all other existing offers combined.
ETA: I think the odds available on the three races kind of works against you a bit here and it's going to take a big bankroll on a busy day. About £90 in it at the moment
Specific Terms
1. To take part in this promotion you must first have opted in to our Festival Offers Package by entering your username and password. If you haven't already, you can do so here.
2. This promotion begins at 00:00:01 GMT on Sunday 11th March and finishes at 15:20:00 GMT on Tuesday 13th March 2012 ("Promotional Period").
3. In order to take part you must risk at least £/€25 per race on Exchange bets (Win and/or Place markets only, including bets placed at the Betfair SP) placed via Mobile on each of the following three races taking place on Tuesday 13th March: 13:30 William Hill Supreme Novices' Hurdle, 15:20 Stan James Champion Hurdle Challenge Trophy, 17:15 Pulteney Land Investments Novices' Handicap Chase ("Qualifying Bets").
4. Should you place the Qualifying Bets as outlined here we will credit you with a bonus of 30% of your net winnings from all Exchange bets placed on the Win and/or Place markets of these three races.
5. You must place the Qualifying Bet for each race, prior to the start of each race. Your first Qualifying Bet must be placed within the Promotional Period. In-Play bets will not count towards your Qualifying Bets.
6. The Qualifying Bets must be placed via Mobile, however, your net profit will include your Exchange bets (Win and/or Place markets only) on the three races which have been placed via any device.
7. The Qualifying Bets must be placed using a Betfair mobile application or a mobile version of the Betfair website. If your bets are placed on the web version of betfair.com, they will not be deemed Qualifying Bets for this promotion (although they will count for the purposes of calculating bonus payments).
8. Betfair will credit eligible customers within 72 hours of the end of the Promotional Period.
9. Should you register a net loss across all bets on the three races, you will not be eligible for a bonus payment.
10. For the purposes of this promotion voided bets will not count and qualifying bets must have been settled by 23:59:59 on Tuesday 13th March 2012.
11. No more than one £/€250 credit will be awarded to any qualifying customer in this specific promotion.
12. If you transact your account in a currency different to the one referred to herein, we will award your credit as an equivalent sum in your account's currency (subject to the exchange rate applicable on the day of credit).
13. The promotion is available to all Betfair customers.
hxxp://promotions.betfair.com/cheltenham2012
Still trying to get my head around it but looks like it could trump all other existing offers combined.
ETA: I think the odds available on the three races kind of works against you a bit here and it's going to take a big bankroll on a busy day. About £90 in it at the moment
Specific Terms
1. To take part in this promotion you must first have opted in to our Festival Offers Package by entering your username and password. If you haven't already, you can do so here.
2. This promotion begins at 00:00:01 GMT on Sunday 11th March and finishes at 15:20:00 GMT on Tuesday 13th March 2012 ("Promotional Period").
3. In order to take part you must risk at least £/€25 per race on Exchange bets (Win and/or Place markets only, including bets placed at the Betfair SP) placed via Mobile on each of the following three races taking place on Tuesday 13th March: 13:30 William Hill Supreme Novices' Hurdle, 15:20 Stan James Champion Hurdle Challenge Trophy, 17:15 Pulteney Land Investments Novices' Handicap Chase ("Qualifying Bets").
4. Should you place the Qualifying Bets as outlined here we will credit you with a bonus of 30% of your net winnings from all Exchange bets placed on the Win and/or Place markets of these three races.
5. You must place the Qualifying Bet for each race, prior to the start of each race. Your first Qualifying Bet must be placed within the Promotional Period. In-Play bets will not count towards your Qualifying Bets.
6. The Qualifying Bets must be placed via Mobile, however, your net profit will include your Exchange bets (Win and/or Place markets only) on the three races which have been placed via any device.
7. The Qualifying Bets must be placed using a Betfair mobile application or a mobile version of the Betfair website. If your bets are placed on the web version of betfair.com, they will not be deemed Qualifying Bets for this promotion (although they will count for the purposes of calculating bonus payments).
8. Betfair will credit eligible customers within 72 hours of the end of the Promotional Period.
9. Should you register a net loss across all bets on the three races, you will not be eligible for a bonus payment.
10. For the purposes of this promotion voided bets will not count and qualifying bets must have been settled by 23:59:59 on Tuesday 13th March 2012.
11. No more than one £/€250 credit will be awarded to any qualifying customer in this specific promotion.
12. If you transact your account in a currency different to the one referred to herein, we will award your credit as an equivalent sum in your account's currency (subject to the exchange rate applicable on the day of credit).
13. The promotion is available to all Betfair customers.
Edited by Sargeant Orange on Monday 12th March 00:37
croyde said:
Been playing with screens and that spreadsheet and have a much better idea now.
A question.
I've just been watching a match live with both the Betfair and Ladbrokes sites up and at one point the Lay was lower than the Back, only for 30 secs or less. If I had clicked on it would it have stayed at the same odds whilst I made the bet?
Cheers.
Just so you know, the betfair site is horrible to trade through in running. Prices are out of date by up to 30 seconds and it can take 10 seconds to get matched. All in all, it's a terrible idea trying to do something in running on their site. You really need to use an API if you intend to do so because the site's highly frustrating to use. A question.
I've just been watching a match live with both the Betfair and Ladbrokes sites up and at one point the Lay was lower than the Back, only for 30 secs or less. If I had clicked on it would it have stayed at the same odds whilst I made the bet?
Cheers.
Cheers
I was only looking as I'm a beginner.
Started yesterday with Ladbrokes and I'm £39 in profit plus a tenner from Quidco.
Tomorrow's qualifier and free bet already in place with Paddy should get me £38.
Thanks for the advice guys and the new iMac with a big screen is a real help here.
I was only looking as I'm a beginner.
Started yesterday with Ladbrokes and I'm £39 in profit plus a tenner from Quidco.
Tomorrow's qualifier and free bet already in place with Paddy should get me £38.
Thanks for the advice guys and the new iMac with a big screen is a real help here.
Morning everyone 
Welcome Croyde too.
Typical, hit with man-flu yesterday. Trying to recover by tonight!
Sarge, I'm trying to get my head round the BF Mobile thing too. Will follow the mse thread for that. At first glance it looks like match 2 races for min loss (or combine with Apollo offer)then back Hurricane Fly around evens, laying at Daq to equalise the profit.
Some other offers from my list: Vic £20 on tomorrow's Supreme Novices for £20 freebet on Wed's 1st race, plus 20 casino spins.
A good arb and hope from Boyles: Day 1 refund if horse comes second, first 4 races. Similar for BlueSq if your horse loses by a length or less.
I don't think there's any profit in the Darlan refund offers just yet. If there is, Betfred and Unibet are doing this offer.
Potential Sharbing opportunity. In the Racing Post, all the bookie odds are published alongside each entry each race each day. Corals have promised for those odds to be available in-shop between at least 9 and 9.30am each day.
Welcome Croyde too.Typical, hit with man-flu yesterday. Trying to recover by tonight!
Sarge, I'm trying to get my head round the BF Mobile thing too. Will follow the mse thread for that. At first glance it looks like match 2 races for min loss (or combine with Apollo offer)then back Hurricane Fly around evens, laying at Daq to equalise the profit.
Some other offers from my list: Vic £20 on tomorrow's Supreme Novices for £20 freebet on Wed's 1st race, plus 20 casino spins.
A good arb and hope from Boyles: Day 1 refund if horse comes second, first 4 races. Similar for BlueSq if your horse loses by a length or less.
I don't think there's any profit in the Darlan refund offers just yet. If there is, Betfred and Unibet are doing this offer.
Potential Sharbing opportunity. In the Racing Post, all the bookie odds are published alongside each entry each race each day. Corals have promised for those odds to be available in-shop between at least 9 and 9.30am each day.
Morning to you Richard, cheers.
Today's question, what's an ARB?
Signed up today to William Hill and Coral with no offers in site but was hoping for something once registered. Is it worth keeping the accounts open for offers or should I close the accounts in the hope for something in the future?
OK 2 questions
Today's question, what's an ARB?
Signed up today to William Hill and Coral with no offers in site but was hoping for something once registered. Is it worth keeping the accounts open for offers or should I close the accounts in the hope for something in the future?
OK 2 questions
Both Hills and Corals have got sign up offers available - I think Corals is £50 and William Hill is £25.
If you can't find them on the website do a google for the bookies name and free bet - it'll usually link you to the offer page.
If you have signed up with out getting a free offer - speak to customer services for both bookies and explain what has happened that you couldn't see an offer but would still like to take advantage of them (once you've found what they are) They'll probably still honour them - and some of them are bonus on deposit rather than immediate sign up - The offers will exist you just have to find them!!
Oh and an ARB is where you make money regardless of outcome - so your lay odds will be shorter than your back odds - don't hang around for very often but are nice when you find one!
If you can't find them on the website do a google for the bookies name and free bet - it'll usually link you to the offer page.
If you have signed up with out getting a free offer - speak to customer services for both bookies and explain what has happened that you couldn't see an offer but would still like to take advantage of them (once you've found what they are) They'll probably still honour them - and some of them are bonus on deposit rather than immediate sign up - The offers will exist you just have to find them!!
Oh and an ARB is where you make money regardless of outcome - so your lay odds will be shorter than your back odds - don't hang around for very often but are nice when you find one!
Yep, arb = arbitrage bet. Backing at a higher price than laying to ensure a profit. Sharb is a shop arb.
Liverpool lay odds on Sat dropped to 1.99. I chucked £400 at WHills shop at 2.1, then thought I'd try Corals. 2.2!! Only had £125 left on me though by then
So a profit, and over 300 BF points which I needed to complete the rewards chest promo.
Croyde, if you are just starting out I would advise NOT getting caught up in the Cheltenham frenzy. You need to play safe with football at first, and you'll make more out of Subs than you would out of Chelts anyway (with a limited float)
But DO take advantage of the better sign up odds around just now.
Liverpool lay odds on Sat dropped to 1.99. I chucked £400 at WHills shop at 2.1, then thought I'd try Corals. 2.2!! Only had £125 left on me though by then
So a profit, and over 300 BF points which I needed to complete the rewards chest promo.
Croyde, if you are just starting out I would advise NOT getting caught up in the Cheltenham frenzy. You need to play safe with football at first, and you'll make more out of Subs than you would out of Chelts anyway (with a limited float)
But DO take advantage of the better sign up odds around just now.
Thanks Dan
Would you help me with the wording in these T&Cs as the way I read it is that you have to bet your deposit and bonus 3 times over before you can withdraw.
"To bet with your bonus, play through the amount of your qualifying deposit once on the sports and markets of your choice. You will need to rollover your deposit and bonus 3 times prior to making a withdrawal."
This is Bet365 offering to match your deposit up to £200.
Would you help me with the wording in these T&Cs as the way I read it is that you have to bet your deposit and bonus 3 times over before you can withdraw.
"To bet with your bonus, play through the amount of your qualifying deposit once on the sports and markets of your choice. You will need to rollover your deposit and bonus 3 times prior to making a withdrawal."
This is Bet365 offering to match your deposit up to £200.
Leave 365 for a bit. You'll need £1200 in Betfair to do it adequately. And you'll want to learn the horses to potentially make a LOT from this offer
To your question though - yes. You need to be prepared to bet 3 x deposit+bonus (+£1200) before you can withdraw anything (or else you lose the bonus)
To your question though - yes. You need to be prepared to bet 3 x deposit+bonus (+£1200) before you can withdraw anything (or else you lose the bonus)
richardxjr said:
Yep, arb = arbitrage bet. Backing at a higher price than laying to ensure a profit. Sharb is a shop arb.
Liverpool lay odds on Sat dropped to 1.99. I chucked £400 at WHills shop at 2.1, then thought I'd try Corals. 2.2!! Only had £125 left on me though by then
So a profit, and over 300 BF points which I needed to complete the rewards chest promo.
Croyde, if you are just starting out I would advise NOT getting caught up in the Cheltenham frenzy. You need to play safe with football at first, and you'll make more out of Subs than you would out of Chelts anyway (with a limited float)
But DO take advantage of the better sign up odds around just now.
Thanks Richard.Liverpool lay odds on Sat dropped to 1.99. I chucked £400 at WHills shop at 2.1, then thought I'd try Corals. 2.2!! Only had £125 left on me though by then
So a profit, and over 300 BF points which I needed to complete the rewards chest promo.
Croyde, if you are just starting out I would advise NOT getting caught up in the Cheltenham frenzy. You need to play safe with football at first, and you'll make more out of Subs than you would out of Chelts anyway (with a limited float)
But DO take advantage of the better sign up odds around just now.
Looking at your bet above, so you now use larger amounts when the lay odds are a smidge lower than the back in order to guarantee a £20/£30 win.
Day of Race (as opposed to Antepost) markets now forming for tomorrow's Chelts races.
That BF Mobile offer. A 30% bonus on net winnings over the 1.30, 3.20 and 5.15. A mobile bet of at least £25 risk (so back stake or lay liability) to be placed on each race to qualify. Bonus paid on net winnings of all bets on those races though however placed.
What with a limited float this is what I'm thinking of doing at the mo.
1.30 I'll do the Vic £20and Apollo £60 quali, mid priced, lay as usual - which should win @ BF. Underlay for a profit at bookies.
3.20 I'll do a big back either H/Fly to win OR Binocular TBP, both just under evens, lay at Smarkets. I'd overlay this to give a profit on the lay side as this is where the bulk of my 30% BF uplift will come IF my back wins.
5.15 I'll do an evens ish £25 TBP back & underlay on this one.
ETA Decided to forego the Apollo offer for the Tuesday. For the sake of net £20, it could really b*gger up the BF cashback.
If I had the float I'd still do it, but at another exchange.
Lads, corals, Corbetts SNRs I've got to do on day1 also, I'll do them on the 14.05 so as not to interfere with this offer.
That BF Mobile offer. A 30% bonus on net winnings over the 1.30, 3.20 and 5.15. A mobile bet of at least £25 risk (so back stake or lay liability) to be placed on each race to qualify. Bonus paid on net winnings of all bets on those races though however placed.
What with a limited float this is what I'm thinking of doing at the mo.
1.30 I'll do the Vic £20
3.20 I'll do a big back either H/Fly to win OR Binocular TBP, both just under evens, lay at Smarkets. I'd overlay this to give a profit on the lay side as this is where the bulk of my 30% BF uplift will come IF my back wins.
5.15 I'll do an evens ish £25 TBP back & underlay on this one.
ETA Decided to forego the Apollo offer for the Tuesday. For the sake of net £20, it could really b*gger up the BF cashback.
If I had the float I'd still do it, but at another exchange.
Lads, corals, Corbetts SNRs I've got to do on day1 also, I'll do them on the 14.05 so as not to interfere with this offer.
Edited by richardxjr on Monday 12th March 13:51
Not necessarily.
I mentioned before about combining BF lay liabilities. Laying 4 horses so far in the 1330 with another 3 to do tomorrow
That takes care of most of today's qualis and previously earned freebets, and goes some way to the 30% BF bonus.
ETA Uprated SuBs (I know, not for us Dan) Lads £150, Corbettsports £65
I mentioned before about combining BF lay liabilities. Laying 4 horses so far in the 1330 with another 3 to do tomorrow
That takes care of most of today's qualis and previously earned freebets, and goes some way to the 30% BF bonus.
ETA Uprated SuBs (I know, not for us Dan) Lads £150, Corbettsports £65
Edited by richardxjr on Monday 12th March 21:24
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