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Original poster

Matched Betting

386 replies

RortyCrankle · 15/03/2016 14:29

I've started this the absence of anyone else starting a thread on the subject and since the Chat thread will disappear in a month. Hope you think it's in the right place.

I'm still dithering which is annoying me. I've made a new e-mail - hope to get bank account this week. I keep looking at the different websites like Bonus Bagging and Profit Accumulator etc and can't decide between them. Put off by what Tawny said about Profit Maximiser and don't trust myself to do it without help so going for Bonus Bagging, i think.

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Grinnypig · 17/03/2016 10:14

I've almost reached the end of the bonus bagging sign up offers. I placed bets on Monday which aren't being played until Saturday so it's a bit of a pain having to wait. I'm not sure how much I've made. Will have to wait until they are all settled. Not as much as they claimed I would. I've chosen not to do the multiple bet offers. One needed 5 X 50 bets to get a free £50 which I wasn't keen to do.
Has anyone had issues with bookies refusing to credit the free bets? One has told me that someone else at my address has used the offer. I'm as sure as I can be that that's not true so I feel very cheated about that!
I plan to move onto something else. Maybe profit maximiser, once my bets are settled. Decided not to rush into it though especially with Cheltenham this week as I didn't want to feel overwhelmed.

Original poster
RortyCrankle · 17/03/2016 13:06

Sounds like it's going well for everyone.

Thanks for the link re Automatcher Tawny I'll try and get my head round it.

Ughnotagain, earlier you said you used Ladbrokes via Topcashback. I'm not sure I get what Topcashback is - are Ladbrokes offering more free bets via it than joining them directly?

I understand some of the websites like Profit Accumulator also give advice about casino and bingo offers - has anyone tried those?

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Ughnotagain · 17/03/2016 16:31

Rorty Ladbrokes are offering £30 cashback when you sign up via TopCashback. You just click through and then sign up as normal. You can still use your code for a free bet. At the minute they're offering a £50 free bet. (Read the T&Cs carefully though - I misunderstood and thought it was £50 if you place a minimum £5 bet. It's actually that you have to place a bet of at least £5 and your free bet will match that up to £50. So I only got £10! But better than nothing.)

Brysonette · 17/03/2016 19:11

I started this on Tuesday and am now £350 up - not bad for a few hours work! Like you MaybeDoctor I put together my own excel spreadsheet so I could work out exactly what is happening. I've made a couple of mistakes but only cost me a few quid and one, fairly major, error actually made me an extra £30. Phew!

I think I'll do this through all the signup offers then stop. We are applying for a mortgage in about 6 months time and I don't want there to be any sign of it then although I am using a separate bank account.

I had to call the bank today as they had fraud limited my account - that was pretty embarrassing as they went through all the betting transactions and I just said, 'yep, that's all me!' It looked like I had an epic gambling problem Shock

Ughnotagain · 17/03/2016 19:24

Brysonette when we applied for our mortgage nearly 2 years ago we had to provide 6 months' bank statements for all bank accounts. Definitely best to be prudent!

I'm willing DD to go to sleep so I can get back on with this Grin was out last night so didn't have chance to do any then.

JeepersMcoy · 17/03/2016 20:07

I seem to have hit a snag. It seems that the £30 of free bets from PaddyPower is actually 3 £10 free bets! Very annoying. I guess it is my first lesson. Always read the T&Cs.

I have found a calculator so can work out my lay bet based on £10 free bet, so I might just use them as a sort of practice, even though it is a lot of work for the money doing 3 separate bets.

BettyOctopus · 17/03/2016 20:22

You can lay 3 £10 bets as back bets and the lay as one amount so you only need to calculate one amount I think - still very new to this too!

So you'd put 30 pounds as the amount in the calculator to get the total lay amount and put 3 £10 bets all on the same thing

JeepersMcoy · 17/03/2016 20:28

Oh, now I feel stupid. For some reason I figured you couldn't place all 3 on the same thing. I realise now that I totally projected this as you are right it doesn't say that at all in the T&C Blush

I have place 2 of them on different games being played on saturday and should get a £14 profit. I am leaving the 3rd for now as I don't want to put any more on my betfair account (I am going real slow).

On the bright side it has been nice having a practice with really small amounts as I am more relaxed about it and now feel a bit more confident having done 2.

GoldPlatedBacon · 17/03/2016 20:29

Good thread - struggling to get my head round this, especially liability

BettyOctopus · 17/03/2016 20:59

I think you can place them all on the same thing- I'm still confusing myself most of the time :)

JeepersMcoy · 17/03/2016 21:02

I know that feeling betty :)

Brysonette · 17/03/2016 21:44

Thanks Ugh, that's good to know. Six months from now is the absolute earliest we would be applying so it should be ok. I'm mainly having fun but have had a couple of brown trou moments - thought I'd lost £400 today but I'd just put stuff in the wrong column on my spreadsheet!

It wouldn't take much of a mistake to lose a lot of money though. I also signed up to a PA for a month, it's very useful whilst learning but perhaps you wouldn't need it after a month?

Ughnotagain · 17/03/2016 23:28

Uh oh, my debit card provider has started declining transactions Blush I'll expect a phone call tomorrow then...

Placed my first free bet tonight and registered with another site through TopCashback so that's hopefully another £25.

I haven't actually made any profit yet but hopefully will this weekend when all the football has been played.

GardeningWithDynamite · 18/03/2016 10:47

Have you guys heard of this...

www.geegeez.co.uk/iesnare-how-bookmakers-are-spying-on-you-from-your-own-computer/

I had it on my computer - now removed it

Original poster
RortyCrankle · 18/03/2016 12:33

Hmm don't like the look of that Gardening . You say you've removed it, did you go on to follow the instructions on that link to ensure your data can't be sent back to the central computer if it gets put on your comp again?

Ugh is that a bank which is declining transactions. Never heard of such a thing. Hope you can get it sorted.

I bet your heart was in your boots Brysonette 400 pounds is a hell of a lot to lose. Glad its safe.

I set up a new bank account and have to wait about a week for the debit card. I really want to get going but nervous at the same time. I've put a sum of money in the new account that I could just about afford to lose but would obviously prefer not to. If that all goes and I win nothing then that that will be the end of matched betting for me. Hoping obviously that won't happen.

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Ughnotagain · 18/03/2016 14:15

Rorty the betting transactions were just flagging up a potential fraud alert on their systems Blush all sorted now though.

Gardening that's scary. I just went through the instructions and found it on my system. Went through the guide to block it though.

(The cynical side of me wonders whether that is why some odds I'd looked up earlier suddenly dropped just before I placed my bet Hmm)

JeepersMcoy · 18/03/2016 17:45

You might want to download a decent free malware checker if you are worried about that sort of thing. A use ad-aware which I find is good for picking up this sort of thing.

I also tend to do the matched begging using the incognito browser window. Mainly so I don't get bombarded with gambling ads when I am on Google at work.

Ughnotagain · 18/03/2016 22:33

Well after a stressful few minutes thinking I'd gone wrong somewhere I've sussed out that I've probably made about £35 so far, plus a further £55 in cashback. Which isn't bad for a few hours work!

I don't know whether I'll continue with it though, it is tricky trying to keep all the balls in the air with different websites. And I don't think I realised just how much of a float you need to keep kicking around.

Original poster
RortyCrankle · 19/03/2016 09:09

I was worried about how big a float was needed because I had seen on one website that they suggested 1,000 pounds which is out of my league. I asked about it in the Chat thread and Bumblefeline said she started with about £65 which got her through the first couple of offers. I've put more than that in the new account and hope it's sufficient.

Can you deal with one bookie at a time, or must you have multiple accounts running simultaneously?

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JeepersMcoy · 19/03/2016 10:59

I am only doing one at a time and have used a really small float. I don't think I have put in more then £50.

I don't really want to invest much time or money at the moment. I see it as maybe making a little but of extra cash here or there rather then providing an actual income.

Ughnotagain · 19/03/2016 11:54

I think I've put about £150 in so far, into my float. I'm just waiting on all the football etc to be done this afternoon and then I'll cash everything out and see where I stand.

I've signed up to 4 or 5 different bookies so far but I'm doing it all myself and have misunderstood the T&Cs a couple of times so have ended up with £10 free bet rather than £30 on a couple. But no bother. I've not lost any of my own money by making mistakes so that's the main thing!

I'm definitely just seeing it as a side income, I'm not going to be quitting my job any time soon!

Original poster
RortyCrankle · 19/03/2016 14:38

I think I'll go slow initially, just start with one bookie at a time.

Agree about not turning it into a full time job - although I have the time as I'm retired, its not what I'm looking for, I just thought it would be nice to make a little extra each month. I am certainly not anticipating making thousands although that would be nice Grin.

Ugh you mentioned on the other thread that you had joined Profit Accumulator but say above you're doing it all yourself. Did you not find PA helpful? As soon as I receive my debit card i'm going to join Bonus Bagging and hope they make it easy to understand.

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Ughnotagain · 19/03/2016 17:40

Rorty I did join PA but only on the free level, I haven't paid for anything. I figured if they were only going to tell me about sign up offers I could find that myself. I could be wrong though, I don't know what else they offer!

But - I did subscribe to the mailing list detailed on the Save The Student MB page, and then got an email with a free sign up to a website called Bank of Bets. So I've done that, which does look helpful!

Ughnotagain · 19/03/2016 17:41

PA is good though as it does have a very useful video which makes it all easy to understand. It all finally clicked for me when I watched that.

monkeyfacegrace · 19/03/2016 17:46

www.profitaccumulator.co.uk/idevaffiliate/idevaffiliate.php?id=1726

I'm with PA. Purely because I'm lazy, and someone is always available 24/7 to sort out my messes for me!

I started with £80 float, and got to £2k from the sign up offers and a few reloads.

Casino and bingo are easy, I just avoided the ones with huge rollovers as I get bored!

It's getting harder now as I'm not too confident on the horse refunds and the footy accas but I'll get there. Slow and steady and all that.