Risk free matched betting using bookie offers
Discussion
I'm sure you can enter pennies. I can on the droid and iphone apps? Anyway -16p won't make any difference really. You've effectively slightly underlayed to give a marginally better return on a bookie side win compared to lay side win.
This is a tactic in itself worth reading about on mse, but you don't need to worry about it just yet
Nice one although I do offer similar That £25 free bet element of the BF bonus will (if you enterred a referral code when you registered) actually be a £25 cash credit applied to your account within 48hrs of staking £25 yourself.
Looks like you've done a bit of homework which can't be encouraged enough!
IMO look at skybet £10SNR no quali reqd (don't do the cashback offer as that requires £50 stake and still only £10 free bet), Totesport £10SNR for £10 (consider the cashback offer though - b.warehouse does pay out really fast)
Good, easy, first ones to have a go with.
That £25 free bet element of the BF bonus will (if you enterred a referral code when you registered) actually be a £25 cash credit applied to your account within 48hrs of staking £25 yourself.Looks like you've done a bit of homework which can't be encouraged enough!
IMO look at skybet £10SNR no quali reqd (don't do the cashback offer as that requires £50 stake and still only £10 free bet), Totesport £10SNR for £10 (consider the cashback offer though - b.warehouse does pay out really fast)
Good, easy, first ones to have a go with.
Edited by richardxjr on Wednesday 16th November 12:49
Wagering Requirements (WR) won't be an issue just yet if you select your first offers carefully. I haven't done one yet: my float should be up to £1000 before I do one. But by the time you do come across them you'll be adept at finding good quali matches for low loss each time. So you keep doing these until you either bust out or complete the wr.
I've just started the Paddy £200 atm. My first £50SNR and £50 quali both won last night so I had £500 in there and £130 in BF. I've only had to make 3 bookie side withdrawals so far and 2 out of 3 arrived in my account 2 working days later. The other needed a driving licence scan so took 2 days longer.
Qualis early in the week will always mean a nice BF float is there for the free bets on Saturday.
I've just started the Paddy £200 atm. My first £50SNR and £50 quali both won last night so I had £500 in there and £130 in BF. I've only had to make 3 bookie side withdrawals so far and 2 out of 3 arrived in my account 2 working days later. The other needed a driving licence scan so took 2 days longer.
Qualis early in the week will always mean a nice BF float is there for the free bets on Saturday.
I promise I'm not associated with BF 
, but they really are giving their marketing budget a pounding atm
New recruits: check your prize mountain: cash bonuses based on points earned between 14/11 and 11/12. You should easily be able to get to £115 cash bonus by then (If not, then def. £30) No extra betting necessary, just carry on as normal.
Find it on Sports homepage: panel at right: promotions: prize mountain.
, but they really are giving their marketing budget a pounding atmNew recruits: check your prize mountain: cash bonuses based on points earned between 14/11 and 11/12. You should easily be able to get to £115 cash bonus by then
(If not, then def. £30) No extra betting necessary, just carry on as normal.Find it on Sports homepage: panel at right: promotions: prize mountain.
I started with £180. £200 in BF and £100 for bet stakes would be better.
Only now have I hit a slight liquidity issue. I am on a big offer (PP £200) with lots of qualis after the first free £50, and they keep winning bookie side.
I've enough in BF to keep doing these qualis (low odds = low lay risk) and building up the free bets to use once money has moved from PP-Bank-BF.
Only now have I hit a slight liquidity issue. I am on a big offer (PP £200) with lots of qualis after the first free £50, and they keep winning bookie side.
I've enough in BF to keep doing these qualis (low odds = low lay risk) and building up the free bets to use once money has moved from PP-Bank-BF.
Furry muff. Need ideally to start with more though to maximise the profit. But at least you've got the numbers correct
Everton 2-1 Wolves, correct score (full time)
Back skybet your free £10 @ 8.5
Lay BF £8.02 stake @ 9.4
(you need £67.37 @ BF to cover the liability)
Return £7.62
That's the best I can find for sky at the mo. It's better than I got with my first bet.
Don't forget as soon as your stakes placed = £25 (not liability) you get your £25 bonus @ BF (And your share of a decent referrer's bonus too
). Well, within 48hrs of hitting it anyway. That helps a lot in the first week.
Everton 2-1 Wolves, correct score (full time)
Back skybet your free £10 @ 8.5
Lay BF £8.02 stake @ 9.4
(you need £67.37 @ BF to cover the liability)
Return £7.62
That's the best I can find for sky at the mo. It's better than I got with my first bet.
Don't forget as soon as your stakes placed = £25 (not liability) you get your £25 bonus @ BF (And your share of a decent referrer's bonus too
). Well, within 48hrs of hitting it anyway. That helps a lot in the first week.Edited by richardxjr on Friday 18th November 15:55
shakotan, you deleted your post. But I'm going to answer anyway just so everybody understands
For what we are doing you only use the exchange, BF, to LAY your bets.
Your bonus eligibility is based on your LAY stake (not liability)
These bonuses don't affect how you matched bet using bookie offers. They are extra cash for placing your (LAY) business with BF.
ETA! This only applies if you've joined BF with a referrer code. If you just sign up from their homepage the standard offer is a free bet. It's nowhere near as profitable, and in this situation you back @ BF (as they are the bookie with the offer in this situation) and you lay at another exchange, eg Betdaq.
For what we are doing you only use the exchange, BF, to LAY your bets.
Your bonus eligibility is based on your LAY stake (not liability)
These bonuses don't affect how you matched bet using bookie offers. They are extra cash for placing your (LAY) business with BF.
ETA! This only applies if you've joined BF with a referrer code. If you just sign up from their homepage the standard offer is a free bet. It's nowhere near as profitable, and in this situation you back @ BF (as they are the bookie with the offer in this situation) and you lay at another exchange, eg Betdaq.
Edited by richardxjr on Friday 18th November 16:14
Lay bets are the reason for exchanges' existence They don't care whether you win or lose (at this level) as they earn commission (starting at 5%) on whoever's side wins each bet at the exchange.
Matcherxls calculates your lay stakes for a matched bet, taking this commission into account.
When you see on a single footy match, matched stakes of £5m, work out their percentage they make, and you can see how they can afford to throw £100's attracting new business
They don't care whether you win or lose (at this level) as they earn commission (starting at 5%) on whoever's side wins each bet at the exchange. Matcherxls calculates your lay stakes for a matched bet, taking this commission into account.
When you see on a single footy match, matched stakes of £5m, work out their percentage they make, and you can see how they can afford to throw £100's attracting new business
Found lots of decent matches for Sat, Sun & Mon Premier League tonight. Lots of low odds for your qualis (subject to min odds in the T+C's)
For the higher odds required for SNRs, I often find decent matches in the Correct Score markets
Thankfully my withdrawal from Paddy hit my account during the day, so loaded the BF account up again and matched 4 bets tonight (3 qualis and 1 free).
One of those qualis is for an emailed reload offer, where the free bet has to be used on a certain match, and in play. Should be interesting! (Half time's the time to do an in-play, I'm only doing this one now as the token's only valid for this one particular game. I don't expect 80% profit out of this one!)
For the higher odds required for SNRs, I often find decent matches in the Correct Score markets
Thankfully my withdrawal from Paddy hit my account during the day, so loaded the BF account up again and matched 4 bets tonight (3 qualis and 1 free).
One of those qualis is for an emailed reload offer, where the free bet has to be used on a certain match, and in play. Should be interesting! (Half time's the time to do an in-play, I'm only doing this one now as the token's only valid for this one particular game. I don't expect 80% profit out of this one!)
Yes is the short answer I've had 3 extra bookie offers so far, out of 9 accounts opened.
PLUS by doing the SUB offers you will learn new ways of making money from your sub winnings without needing any offers, Arbs for example.
The betting marketplace is constantly changing, whilst actually shrinking. So the bookies and exchanges will continue to offer good enticements to win business away from their competitors.
As for experience, I have no interest in sports really, and 3 weeks ago I had bet probably just a handful of times in my life.
An aptitude for numbers, a decent internet connection and being able to follow instructions are all you need.
This is not a get rich quick scheme, it's an investment you have to work at, just like any other business. Sure, if it's looking like too much work you can pile out after a week or two with a couple of hundred quid profit.
I've had 3 extra bookie offers so far, out of 9 accounts opened.PLUS by doing the SUB offers you will learn new ways of making money from your sub winnings without needing any offers, Arbs for example.
The betting marketplace is constantly changing, whilst actually shrinking. So the bookies and exchanges will continue to offer good enticements to win business away from their competitors.
As for experience, I have no interest in sports really, and 3 weeks ago I had bet probably just a handful of times in my life.
An aptitude for numbers, a decent internet connection and being able to follow instructions are all you need.
This is not a get rich quick scheme, it's an investment you have to work at, just like any other business. Sure, if it's looking like too much work you can pile out after a week or two with a couple of hundred quid profit.
Edited by richardxjr on Saturday 19th November 09:14
TomE said:
Actually, thinking about it I want to get the biggest odds poss for this sky bet don't I, as it's totally free.
Correct Tom. There's no qualifying bet for the sky one Edit: in your workings above, that would be a good match for a quali (assuming it's outside the bookies minimum odds on a quali)
Lay stake is £10.13, however.
Return £9.62, less your £10 stake = 38p loss 3.8%
Edited by richardxjr on Saturday 19th November 12:17
Gassing Station | Business | Top of Page | What's New | My Stuff