It's my first time with matched betting, and I'd like advice on whether I've started it off properly.
I've registered with bookmaker A as a new customer, which will trigger £20 of free bets following my first bet of £5 or more at decimal odd of greater than 1.5
I've placed a £5 bet with A at 1.61 on tennis player B to win tomorrow against opponent C.
Betting exchange company has given me odds for a lay bet of 1.66 on tennis player B.
My stake for the lay bet is also £5.
How does that sound?
If it's right, I should then get the £20 of free bets from bookies A, and then I go through the same process.
Thanks in advance for any help here. It's complicated, but has now become a mental challenge! I messed up my first attempt by not choosing great enough odds with bookmaker A and had to cancel the bet, losing the exchange lay bet which couldn't be cancelled. It was only a few pounds, so a cheap mistake, but my aim is to make money, not keep making mistakes.