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New MB thread(140 Posts)
Thought I would start a new thread as the old one is closed! Hello to everyone old and new trying out Matched Betting!
So I'm £850 up now really happy with that. How is everyone else doing?
Quick question - just wondering what you are all doing to try and prevent being gubbed? I don't have much time during the week to do this so I am a bit concerned that a lot of my reload offers have been the only ones I've done. Particularly interested in making sure I can protect my Bet365 account as I did well on 2up's at the weekend. Thank you!
Hope you all find this!
Can someone excellent lain low risk casino for me? How low risk is it really? Is it easy to get carried away?
I have been trying to get my head around MB for a long time.
Maybe because I have never gambled before save for a couple of lottery tickets I just can’t seem to get it.
Is there a site that explains it baby step by baby step. I am good at maths and can usually understand even complex stuff if I read it carefully but this is like a foreign language.
I can see how you can make a profit on horse racing or football but surely once you have played through your initial opening offer they have no reason to give you more stuff. And on the odd website I have looked at you can’t withdraw your winnings unless over a certain amount.
I am following Team Profit - they have a website and a Facebook page. They have videos that are split up into step by step guides and easy to follow.
The idea is you get the “welcome offers” from all the bookmakers (this should make approx £600-£800 depending on amounts) then once they are done they want to keep you as a customer (it is a competitive market) therefore will offer more to keep you (called “reload offers”)
They are other things to do such as low risk casino (I haven’t read into this yet) and also things like 2ups and acca’s (again, not read into those either)
Once I have done the welcome offers and some reload offers, I will do further research into the things I mentioned above. Best thing to do is not read about EVERYTHING at this stage as it can be overwhelming. Only read/watch the videos that you need to, then progress onto low risk casino/2ups, etc, a few months down the line.
Hope this helps? Team Profit is the one I will be following once I get my bank account set up, and deposit money into coral, betfair exchange, etc.
Thanks for that. I will look Team Profit up.
Hello! I was a newbie at the end of the last thread. Started 19th October and am now £1k up thanks to about 20 welcome offers, a couple of lucky bingo offers and some low-risk casino.
Very interested in 2ups but might be problematic as I don’t have the time to spend watching the matches.
Hoping to pull in £200-£300 a month if I can.
Can anyone making an income from this give a brief breakdown of where their income comes from? Is it mostly reloads or is it all casino? I find Casino a bit nervy although now I’ve got to grips with wagering it makes a bit more sense and I’m up on 3 sites this evening. Jackpot Joy especially fruitful after winning £55 from my free bingo tickets!
This may help...
Hi x I have just started doing matched betting and have received an offer of 25 free spins in the casino, how do I do them as never played in a casino in my life
@notsodimwit is there a wagering requirement? Or are winnings paid as cash?
Basically you should see a ‘claim free spins’ button somewhere and it will tell you what slot games are in the promo in the T&Ca. Go to the slot and it should have the free spins there. If it doesn’t say free spins in the slot, don’t play it, come back out. All are a bit different so hard to know exactly how to activate the spins.
I was a newbie at the end of the last thread - just hit £500 after 3 weeks and doing about half the sign up offers and some bet clubs and reloads. This weekend with the Sheffield and Manchester Derby’s was super profitable.
Thank you sushi x its paid a cash but I have to wait up to 72hours before the free spins get added x I have just started but cant get my head around the maths yet but I am trying to give it a real go
If you want to try some low risk casino, the following 5 are a good place to start.
They all offer a free daily game and a bonanza box offer. To open the box you need to wager £5 on three different days.
I use Starburst for this as it’s quite good RTP - I do 10p spins and rarely end up down (so far). However I am keeping a balance in each account so I don’t have to keep withdrawing and depositing so prob only helpful when you’ve already built up a reasonably sized bank.
I make about £50 a week from reloads and price boosts on the actual matched betting, and aim for £30 a day from low risk casino, which I'm hitting in average. My aim is £1000 a month.
Gosh - I really need to
Understand casino better - I can’t imagine £30 a day!!
I aim to hit 11+ offers a day, so £30 isn't too unreasonable. I get anything and everything that's positive EV, even casino stuff though I stick to roulette as I hate blackjack!
Is there something I can read about calculating EV?
Can I join please? I started on Monday having spent months reading up, watching tutorials and procrastinating! Going really slowly as I get my head round figures and the mechanics of it all. Have been doing horses all week ... rookie mistake of too low odds on my Betfred bet £10 for £30 free bets. Grrr. Horse was a non-runner so I got a second chance!
Now looking to use free bets. I think I should be using the entire bet on one horse, is that right? Also, is it realistic to see an 80% return on the free bet at this stage? I think the liability is going to knock me. What are best odds to look for please?
Oh, one more question. At the exchange there is rarely enough money to cover the lay - is it best to wait until closer to race atart rather than a few hours or day before?
Getting back into MB after a very long break. I have forgotten most things. Just wanted to ask what people recommend: oddsmonkey or profit accumulator?
Glad to have found this thread. Was on the last one. I'm still plugging away. Prob made about £500 so far in the last couple of months.
I’m no expert but I don’t bet on horses until about half an hour or so before the race - the odds are too volatile.
Thanks Merry - will try to be patient tomorrow and log on at lunchtime instead of after school run!
I'd definitely recommend OddsMonkey.
I've also got back into matched betting after easing off over the summer. I'm £300 up for November so far and am up to a total of £5500 since starting last year. Need to make at least a grand by Christmas to pay for all the house refurbishment we're doing!
Wow Freckled - impressive!
I’m only 5 days in and slowly working through welcome offers but it is so slow. Signing up for Odds Monkey might speed me up a bit - it takes forever to find a bet on Betfair, check odds at bookies, put all into calculator - sometimes doing it half a dozen times before finding a good match. Am doing two new accounts a day but think I need to step it up a bit.
It’s totally worth paying for OM and using the oddsmatcher. Saves so much time.
I hit £700 today :-)
Well done Sushi, that’s fab!
Right, a few questions. Have been receiving emails. Betfred - free spins. Do I do them? What do I do? It says any cash won will be paid directly into ky account. I’m a cynic ... I’m not going to win anything from 10 free spins, am I? Coral - Bet 5 amd get a free £5 bet. Think I should do that. And Coral.- bet club? Bet £25 per week and get a free £10 each week. Am guessing that’s bet Club which I’ve seen mentioned but know nothing about.
On the Chat MB thread, someone mentioned that Bet365 are withdrawing the Bet £100, get £100 offer at month end. If I do that, what sort of exchange balance do I need and is it a case of my £100 must be spent on a single bet but then do I split the free £100 into multiple bets?
Sorry, probably really dumb questions!
The Team Profit people say the Bet365 Offer will be renewed - don’t worry about it for now if you don’t have much of a bank.
Pay for OM or PA and watch the casino video tutorials. You CAN make money but you need to be aware of a few things.
I’ve done a few over the last two days and made about £200 with Casino and Bingo combined.
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