Risk free matched betting using bookie offers

[richardxjr]

Sorry, you'll have to be clearer.

Back bet amount, back odds, what and how much you have layed and matched.

[escort90]

richardxjr said:

Sorry, you'll have to be clearer.

Back bet amount, back odds, what and how much you have layed and matched.

back bet amount is £30 free bet,
back odds are 15
lay odds 14
wanted to have a lay stake of £30.11
It matched £3.10 and unmatched £27.01

makes a lay liability of £391.40

[richardxjr]

Right, cancel the unmatched lay bet FIRST!!!!!!.

Next one up? 14.5 = lay 26.08
15 = 25.20

Whatever can be matched

[escort90]

awesome thanks for that

[richardxjr]

90-95% still

[escort90]

Yeah very good profit still. Lesson learnt there I think. Double check everything!

[royceybaby]

With the SJ £150 deal, do you have to wait for your free bet before you place the next qualifying bets?

[richardxjr]

In theory, no, but I did. Act like a mug punter

[Dan_1981]

Blue Sq - Madrid - Gijon - 2-2 available at 34 - 34.

Sadly I don't have the required £825 to cover it at Betfair.

[richardxjr]

Aside from the fact that I don't like any odds north of 15, with a forming market like that Dan, what I would do is offer my lay odds at the back price ie 30.

If it didn't match out, and you can see the 34 price being taken by lay bets, you can always cancel and re-take 34.

I just did this with a forming market priced 11-11.5. Offered at 11 and it's all been taken

[Shuvi Tupya]

I seem to have come across something else i do not understand.

I am just looking at golf, not really thinking about having a bet but just a play.

Competition: Chevron world golf challenge

Matt kuchar

Back odds 3.8
Lay odds 6.2

I know!

The wieird thing is if you tried to back him AND lay him, the back odds change to 6.4 and it doesn;t allow the bet. It is like the price on offer is wrong, but the betting slip knows about it.


Or does this happen all the time and i have only just noticed?

[richardxjr]

I might be looking at the wrong market, but Kuchar to win is 9.4:10 ?

[Shuvi Tupya]

richardxjr said:

I might be looking at the wrong market, but Kuchar to win is 9.4:10 ?

Sorry, i was looking to the right of that, i think the bet is for what would happen if you took Tiger woods out of the equation.

ETA: the bet is "winner without woods"

It seems normal for this bet, ricky fowler is the same: back at 8, lay at 13.5.

Edited by Shuvi Tupya on Saturday 3rd December 10:39

[richardxjr]

It's a forming market. If you offered £10 lay stakes @ 4.00, it would appear as a new back price
If you offered £10 back stakes @ 5.00, it would appear as a new lay price.
The bets would remain unmatched until someone came along and matched at your prices.

That 6.2 lay price is there because someone has offered to back kuchar £85 @ 6.2 and they are waiting (hopefully) for someone to lay against it.

Clue: total matched bets TRHC £311

Edited by richardxjr on Saturday 3rd December 10:46

[Shuvi Tupya]

I see!

Cheers

So, Rich, What has been your worst cock up so far?

I think mine was yesterday when i put my lay bet on the wrong market entirely

The good thing about this system is that you can generally back out of things, so long as you notice!

[richardxjr]

Hmm, worst cock up? I did the same as you when helping my workmate put on his second ever bet. Only realised by re-checking the bet slips. We learnt how to undo things quickly, and the value in writing down exactly what you are doing

It's easy to back and lay opposite outcomes in a closely matched 1-0 scenario for instance, with some bookies and BF laying out the screens differently.

[Shuvi Tupya]

Indeed
I just called PP about their 3x odds offer for new telephone customers.

It is slightly misleading as it is for new customers in general so if you take them up on that offer, you can't do the online offer.

So, the question is, which offer is best?

I assume there is some cash to be made by having 3x odds on your 'backing side'?

[bigweb]

Right Guys I have now done:

Bluesq
Boyles
Coral
Ladbrokes
Titan
Vic Chan
Will Hill
and I have just had my £40 free bet credited in Stan James so not much to go there.

Where do you suggest I do next? I wouldnt mind a nice 30/30 offer or something for today and then jump into something similar to stan james for tomorrow.

Any suggestions?

[richardxjr]

Hmm, I was sure that was open to 'new phone accounts'

Anyway, it's not as profitable as their regular £200 offer.

But it's still good.

£50 at 5.0 to 5.0 = a loss of £2.03

£50 at 15.0 to 5.0 = a profit of £93.93

[richardxjr]

Bigweb: Betfred £50?