Risk free matched betting using bookie offers

[shakotan]

bigweb said:

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?

How did the CanBet offer go?

I'd start down the 888Bet path as it's nice small bites. Richard mentioned it a couple of pages back, you need to click through the link on OLBG.

[Jonnas]

bigweb said:

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?

If you use the Automatcher on http://www.freebets4all.com/matcher.aspx and just select the bookies on the left, the offers appear in a box on the right hand side. Quite handy for finding them. I'm just about to do Bwin £25/£25.

[richardxjr]

Careful with bwin, that £25 bonus is sticky Jon.

I'm not saying don't do it, just be aware of it.

[Jonnas]

shakotan said:

I'd start down the 888Bet path as it's nice small bites. Richard mentioned it a couple of pages back, you need to click through the link on OLBG.

I tried them but apparently their system can't cope with the apostrophe in my address that is pulled from the postecode! There is no option to manually type it in either. Just waiting on CS to get back to me!

[Shuvi Tupya]

richardxjr said:

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

Do you know for a fact that you would be limited to a £50 stake?

[richardxjr]

I'm part way through 888, looks like the £100 has disappeared from OLBG.

I'm awaiting CS to confirm I am actually in the £100 programme and not their std £50 one, as everything I've had from them only mentions the £50.

Still a nice wee offer though: 10/10 then 4x10/10, four times.

[richardxjr]

Shuvi Tupya said:

richardxjr said:

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

Do you know for a fact that you would be limited to a £50 stake?

That's what I've seen advertised before: min/max stake £50. Treble odds on any horse running in their own sponsored race.

Might be a different offer you're referring to of course

[bigweb]

shakotan said:

How did the CanBet offer go?

I'd start down the 888Bet path as it's nice small bites. Richard mentioned it a couple of pages back, you need to click through the link on OLBG.

Canbet... That was the one I was going to do! I will look into it and report back

[Jonnas]

richardxjr said:

Careful with bwin, that £25 bonus is sticky Jon.

I'm not saying don't do it, just be aware of it.

Just make sure you win your free bet on the lay side?

[richardxjr]

Jonnas said:

richardxjr said:

Careful with bwin, that £25 bonus is sticky Jon.

I'm not saying don't do it, just be aware of it.

Just make sure you win your free bet on the lay side?

How? There's a WR of 6x£25 before you can make any withdrawal. So bet the whole £50 (deposit + bonus) on odds 3.5+ so if it does win there, you can bet it all in one go (again, quali odds)

For matcher: £50 stake, £0 forfeit, deduct £25 from 'profit' figure, then Underlay the quali bet to pay out say £4 more for a bookie side win.

If you're left with just the £25 bonus in your account, you have to keep betting that (underlaying again) until you bust out, or you bet this 5 times, separately from the WR and not mentioned by the T+Cs

It will affect your cashflow and profitability and you'll be lucky to get anything more than £15 out of it.

Edited by richardxjr on Saturday 3rd December 11:57

[shakotan]

Jonnas said:

richardxjr said:

Careful with bwin, that £25 bonus is sticky Jon.

I'm not saying don't do it, just be aware of it.

Just make sure you win your free bet on the lay side?

Well, free bets are normally done at higher odds to maximise the percentage of the free bet win, HOWEVER, like any bet, there's no GUARANTEE that a long odds bet won't come in.

Case in point, my Free Bet with Fred came in at 28/1!

So yes, it is 'more likely' that your free bet will win on the lay side, and you wouldn't have to worry about WRs, but always plan that you 'might' have to.

[shakotan]

richardxjr said:

I'm part way through 888, looks like the £100 has disappeared from OLBG.

I'm awaiting CS to confirm I am actually in the £100 programme and not their std £50 one, as everything I've had from them only mentions the £50.

Still a nice wee offer though: 10/10 then 4x10/10, four times.

I can still see the £100 for 888 on OLBG?

[bigweb]

Canbet is a no go.

Can someone explain the maths to me of the offers like Betclick and 188 BET where they are no lose free bets.

If they work the way I think then they are fantastic offers

[richardxjr]

Refund on lose? Treat the same as an SNR free bet

[shakotan]

bigweb said:

Canbet is a no go.

Can someone explain the maths to me of the offers like Betclick and 188 BET where they are no lose free bets.

If they work the way I think then they are fantastic offers

It's basically like other offers, but you only qualify for a free bet if your Qualifier loses at the bookies. If it wins at the bookies, you don't get anything, except the 'match' of the laybet.

[bigweb]

So bet it at high odds like a SNR to try and make sure it doesnt win at the bookie side? Then withdraw it?

[shakotan]

bigweb said:

So bet it at high odds like a SNR to try and make sure it doesnt win at the bookie side? Then withdraw it?

You got it.

[richardxjr]

Treating it like an SNR just equalises the return

You'll have to withdraw anyway, whether it's your winnings or the refunded losing stake.

There is a facility on Ulti to calculate this type of offer, but it works out the same as a free SNR bet.

[bigweb]

Thanks. Thats a great offer then. If only they were all like that!

[shakotan]

bigweb said:

Thanks. Thats a great offer then. If only they were all like that!

What I've done is reduce the Back bet slightly.

Therefore, your increasing the chances of making a little bit, if the qualifying bet win at the bookies and you lose out on the free bet.

I've found an Back 11/Lay 11.5, and made the Lay Bet £23 instead of the £24.02 suggested by the matcher.xls. That way, should the bet come in on the Back side, I lose the free bet, but I make a profit of £8.50. If it comes in on the Lay side, I lose £3.15, but I qualify for the £25 free bet at 118Bet.

Edited by shakotan on Saturday 3rd December 12:39