Risk free matched betting using bookie offers

[richardxjr]

I said:

15Nov UkraineU21 v LithuaniaU21, UkraineU21 to Win - back @ laddies £50 1.33, lay UkraineU21 to win @ BF 1.32 - Stake £52.36 liability £16.76

Brilliant match. You'll lose 26p whatever happens and your £50 free bet will be credited as soon as this quali bet is settled.

In case you missed it

[richardxjr]

Alongside the match title: WDW (Win Draw Win) click on the 1st box which says 1/3 - that is home (UkraineU21) win.



Everyone else, PLEASE DO NOT RUSH IN. REFER TO MY FIRST POST !!!!

Easy free money yes, but you have to absorb all the info!!!

R

[richardxjr]

Once your laddies bet is confirmed (and NOT before) lay your bet at BF.

Make sure you've got pink boxes up (lay bets)

Click on the 'Ukraine U21' pink box with 1.32 in it.
Enter your lay stake of £52.36

Should calculate lay liabililty of £16.76 and acknowledge 'bet accepted and matched'

[richardxjr]

There ya go. Easy

[richardxjr]

Go into laddies 'my account' and change the preferences to odds:decimal so you're ready to find a good match after tomorrow night for your free bet

Lets do it live again on Weds after this has settled on both sides. You may need more in your BF account though: you want £300-350 available really to match odds 7 to 7.5 which are optimum for a free £50 SNR bet.

(Which is why you really want to start with £10/£20 offers)



ETA: You've already passed the stake £25 BF threshold so your BF account will be credited by £25 bonus in 48hrs. Let me know your payment details for your share of my £25 referrer bonus too

You should also get an email from bettingwarehouse notifying you of your cashback £17.50 (if you used my referrer code) by Friday

Edited by richardxjr on Monday 14th November 14:34

[richardxjr]

Right, you can't do this just yet but the same odds match might be available after your quali has settled ... anyway, a good match on the monkey for your free bet. One for you to understand before Weds

20/11 Granada v Mallorca Correct score 1-0 (so that's Granada to win 1-0)
Lads 8.00 BF 7.8 would give you a profit either way of £42.90.

BF stake £45.16 (this is how much liquidity you need at BF)
BF Liability £307.09 (this is how much balance you need at BF)

42.90 less 26p qualifier loss = net profit of £42.64 = 85.28% of £50

Plus your bonuses and cashback from BF signup means you'd be £100.14 up already

[richardxjr]

You can lay all sorts of outcomes. ALWAYS make sure you are laying EXACTLY what you have backed at the bookies. In this case you are LAYING correct score granada 1-0 mallorca.

Try and find that match I've just found in both Ladds and BF. (Tip: use the search box)

Find the game in BF, look at the menu on the left and you'll see all the markets. What you are looking for is 'Correct Score' then on the main screen 'Granada 1 - 0'




ETA This is covered in the mse guide. When 'laying' you are acting as a bookmaker. So at BF you win the lay if any result OTHER than granada 1-0 is the outcome of the game. BF has matched your lay bet with some unknown punter who was wishing to back @ your lay odds.

So if granada win 1-0 you win at Laddies. Any other result and you win at BF.

Edited by richardxjr on Monday 14th November 15:23

[richardxjr]

wanna do the lay on your free bet via your mobile for an extra £75-100?

Go here to opt in: https://optin.betfair.com/?cid=6209 then download either the apple or android app to your mobile.

If it's the apple app, turn your device landscape to reveal liquidity. It may not display your balance, but don't worry about that.

(Do not use mobile app for any other bets before this though, their mobile cashback bonus of 25% back stake or lay liability only applies to your first settled mobile bet)

Edited by richardxjr on Monday 14th November 15:56

[richardxjr]

Ahh, but you won't be laying £50. The matcher.xls spreadsheet calculates that for a £50 stake not returned bet your lay stake @ 7.8 needs to be £45.16 in order to create a matched payout.

For this bet you've outlayed £307.09 = your BF lay liability.

If bookie bet wins you get £350 winnings back (stake not returned) so a profit of £42.91

If lay bet wins you get back your lay liability £307.09 PLUS the lay stake of (45.19 less BF commission 5% =) £42.93 so a profit of £42.93

Let me know if you can't find matcher.xls spreadsheet on mse.

Edited by richardxjr on Monday 14th November 16:21

[richardxjr]

IF like me (earlier in this thread) you signed up with Lads through topcashback, you'll also get £20.60 off them (this take a few weeks to come through from topcashback). So you could be nearly £200 up just on this first bet

[richardxjr]

Generally yes, the easiest offers from the big brand bookies are SNR.

It's usually stake £xx for a matched £xx free bet, which will be stake not returned and usually the winnings are withdrawable straight away.
If it's stake not returned it will be clear in the offer's T+Cs.

Either that or a stake £xx for a bonus of £xx or £yy which will equal a stake returned SR bet BUT with a wagering requirement (wr): if you win on the bookie side you'll need to bet this through a number of times (low odds low loss just like qualis) before you can withdraw these winnings. Obviously losing at the bookie side and winning on the lay side ('busting out') also releases these winning without having to complete the wr.

All in the mse intro guide

[richardxjr]

Don't worry. You probably showed up on the electoral roll as a kid

The DL scan will sort it I'm sure

[richardxjr]

Let us know when resolved: you obviously won't be wanting to do your free bet until it's all cushty.

[richardxjr]

Shuvi: UkraineU21 won 2-0, so you have winnings @ ladbrokes.

I wouldn't withdraw this until you've bet your free bet: let me know when you are ready to do this

[richardxjr]

I think those Granada Mallorca odds are still available. I wouldn't bet too close to a kick off. Anyway, Lads is full of good odds matches all of the time so I won't rush you - give us a shout if you need any help

(Remember to do your lay via BFmobile - I linked to the opt-in on the BF offer earlier in this thread. You'll get refunded 25% of your lay liability up to £100 on your first ever BF mobile bet, whatever the game outcome)

[richardxjr]

Yep correct

It's such a good offer it's worth sacrificing a perfect odds match - and with the longer odds you'll need for £400 lay liability, you can have a bigger gap between back & lay odds.

Something like 9.8 : 10.2 would be perfect.

[richardxjr]

Best I can find atm for your free bet is still on that Granada v Mallorca game on Sunday, but this time correct score 0-0. Not enough liquidity yet at BF though.

Anyway, at the mo it's lads back 9.0 BF lay 9.0
Returns 85% = £42.47
Lay stake £44.69 Liability £357.52, so mobile bonus = £89.38.

There are other similar results for Sat's English footy. Use the filter on oddsmonkey to select just football, Lads, Betfair and you've 6 pages+ of matches.


Edit: sorry I was typing this (slowly) as you were typing yours. I'll have a look at yr query now

[richardxjr]

Shuvi Tupya said:

OK, I am still feeling my way around...

Looking at matcher.xls and using the mallorca game ( 1-0 to Granada) it would appear i need to lay at £51.21 and back at £50 in order to be guaranteed a £49 return on my £50 free bet. Plus I also get the 25% of BF liability back.

If i win the Lay at BF though, i should collect £460 ish, plus my 25% liability or have i got that bit totally wrong???

Can you confirm this before i hit the buttons?

Firstly, there's no hurry as the game is not til Sunday

If you used Matcherxls, remembering to put £50 in the stake forfeit box, it would suggest for a matched return of £42.90 (85.8%) you need a BF stake of £45.16, which is a liability of £307.09

25% mobile bonus = £76.77



Edit. Seeing as there is plenty liquidity at BF, and this is a good result, then yes I would do this

Back correct score granada 1-0, lads, 8.0 £50
Lay correct score granada 1-0, BF, 7.8 £45.16

You need £307.09 in betfair account and to use your mobile

Edited by richardxjr on Wednesday 16th November 11:30

[richardxjr]

Go for it :P

For any watchers, could I just clarify something. Once your bets have been accepted and matched, your odds are fixed So if you get a good odds match with sufficient BF liquidity early, like with this one, go for it!

[richardxjr]

As well as oddsmonkey, there is also oddsmatcher which can be found at bet72.com. This is built for matched betting offers and is very good and easy to use (it even calculates for you). But it is only for football matches in the next 72hrs, so that nice match for Sunday isn't on it yet.