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Original poster

MN Matched Betting society - all the profit, none of the gubbings!

999 replies

MissFitton · 09/11/2017 18:57

Previous thread here

All welcome. Matched Betters old and new for oddsmatching chat, top tips and tales of ballsed up qualifying bets....Grin

OP posts:
Thread gallery
9
Fork2fork · 19/09/2018 17:27

Not a bad return at all. Thanks for the tips. Watch this space, I will be back!

winniebear · 19/09/2018 18:15

I found this Coral Daily Cashback offer on Profit Maximiser. A wonderful start to the evening before the football has begun (can't believe I'm looking forward to the footy Grin )

MN Matched Betting society - all the profit, none of the gubbings!
cheesemongery · 19/09/2018 19:35

Very nice Winniebear!

Stupid Question - if you are placing a trigger bet, what is the point in laying it if you're going to lose that money anyway?

titchy · 19/09/2018 22:22

Stupid Question - if you are placing a trigger bet, what is the point in laying it if you're going to lose that money anyway?

Errr why would you lose that money anyway? The entire point of MB is that you don't lose on your trigger bets, then gain on your free ones Confused

If you're not sure of those basics please please please go back to the guides to really understand this. You will be losing a lot of money otherwise.

vandrew4 · 20/09/2018 06:41

champagne no mega wins. I've had the odd few hundred win on casino and one or two wins of a thousand or so but basically time and effort. I do a few hours every afternoon when kids are asleep

cheesemongery · 20/09/2018 07:46

titchy - the trigger bet usually comes out at a small loss as it's a normal bet, and then money is made on the free bets.

So for example bet £15, get £15 - my £15 trigger with a lay will not make a profit BUT if I don't lay it and it wins then at least I have some chance of a profit on it.

Obviously I lay my free bets.

Does that make sense? Am £80 up since Saturday, I just don't see the point in laying a trigger bet (which will return nothing) if you are going to get the free bet anyway.

cheesemongery · 20/09/2018 07:52

For example Trigger £15 bet at 1.5, layed at 1.5 (although lay odds always seem higher than bet odds) yields a loss of -26p. Yes this then gets my free £15 which on Free Bet SNR will make a profit, but surely there is a chance of more profit if you don't lay your trigger bet and possibly win.

mikapatika · 20/09/2018 08:14

But if you don’t lay your trigger bet you could lose it - what if you lost 10 bets in a row you could lose hundreds and that’s gambling.

champagneplanet · 20/09/2018 08:15

cheese I kind of see your point but your first bet would be gambling rather than matched betting as you wouldn't be matching. The idea of matched betting is the its no risk apart from pennies.

Very annoyed with myself today. I used a free £10 on roulette last night, got up to £115 in profit, met the wagering requirements but got greedy into it and ended up losing it all. I'm so annoyed, in future will withdraw as soon as I meet the wagering regardless of my profit. At least it wasn't my own money Sad

cheesemongery · 20/09/2018 08:36

mikapita - I don't think you have understood what I am saying. So I have just bet my £15 trigger on WH, if I layed it too, loss would have been -19p, I guess I could have won maybe 10p BUT potentially I could win £135 or win nothing - so theres no real loss, in fact both are better than -19p. I will then get by £15 free bet and match those so I'll have a few pounds profit.

Thanks champagne, I can see that this is gambling but there is no great risk, I may lose out on a few pennies. I'll still get my free £15 to match...oh well we shall see!

Oh no re your winnings - that's a hard lesson to learn :( I got quite addicted to the bingo with my free bet, I think I won £4 something but was no where near the withdraw wager and it was 2am so gave up! Hopefully it will come back to you with another freebie.

mikapatika · 20/09/2018 08:41

But you’d lose the 15 pounds if it doesn’t win and most times the free bet is less that than the trigger bet eg bet 10 get 5 so if you gambled the first one and it lost you’d lose 10 and only get around 4 back from the free bet

cheesemongery · 20/09/2018 08:43

OMG now I'm confused!!! I have just received ALL of these in the last 5 minutes... I don't even understand most of them!! Apologies for the length of the post - have just copied...
BonusBet Boost
Details 3+ Acca Boost 20-09-18
Expires20 Sep 18 23:59 UK
BonusBet Boost
Details Racing Single Boost 20-09-18 |Horse Racing|
Expires20 Sep 18 23:59 UK
BonusBet Boost
Details Scratch Europa League 20-09-18 |Correct Score|
Expires20 Sep 18 23:59 UK
BonusBet Boost
Details Scratch Europa League 20-09-18 |First Goalscorer|
Expires20 Sep 18 23:59 UK
BonusBet Boost
Details Scratch Europa League 20-09-18 |Trending| |Your Odds|
Expires20 Sep 18 23:59 UK
BonusBet Boost
Details Scratch Europa League 20-09-18 |Your Odds| - |16/1 to 45/1|
Expires20 Sep 18 23:59 UK
BonusBet Boost
Details Scratch Europa League 20-09-18 |Your Odds| - |50/1 Or More|
Expires20 Sep 18 23:59 UK
BonusBet Boost
Details Scratch Europa League 20-09-18 |Your Odds| - |6/1 to 14/1|
Expires20 Sep 18 23:59 UK
BonusBet Boost
Details Scratch Europa League 20-09-18 |Your Odds| - |Below 6/1|
Expires20 Sep 18 23:59 UK
BonusCODE
Details £15.00 Sportsbook Free Bet. bet
Expires24 Sep 18 08:20 UK
BonusCODE
Details £5.00 Sportsbook Free Bet. bet
Expires24 Sep 18 08:20 UK
BonusCODE
Details £5.00 Sportsbook Free Bet. bet
Expires24 Sep 18 08:20 UK
BonusCODE
Details £5.00 Sportsbook Free Bet. bet
Expires24 Sep 18 08:20 UK

cheesemongery · 20/09/2018 08:47

But you’d lose the 15 pounds if it doesn’t win and most times the free bet is less that than the trigger bet eg bet 10 get 5 so if you gambled the first one and it lost you’d lose 10 and only get around 4 back from the free bet.

But its bet 15 get 15, so if I lose the 15 - I lay the free 15 and come back with (on bet 5 lay 5.4 for example) a profit of £10.65 - that's profit - so the £15 I 'lost' is now £25.65.

mikapatika · 20/09/2018 08:53

Ah ok then yes people do that as the most you’d be down is a couple pounds from the free bet but you could be quids in

It’s ‘advantage play’ but I wouldn’t want to it all the time when you can be guaranteed profit from the free bet, it can be done when you can’t lay the trigger bet if it’s on one of the your odds type markets

cheesemongery · 20/09/2018 08:58

No I wouldn't call it all the time, esp when the free is less than the trigger.

I'm off to find out what bonus bet boosts are ?? That's a lot to do in one day (if I'm going to do it!)

mikapatika · 20/09/2018 08:59

But in your example you’ve lost the first 15 and then bet the free bet and make 10.65 you’ve lost 15 but only made 10.65 so lost 4.35

mikapatika · 20/09/2018 09:00

You don’t get the stake returned with free bets (or very very rarely)

cheesemongery · 20/09/2018 09:19

Hmm I'm confused now because trigger bets rarely make anything unless you are going for huge odds with a good difference on a lower lay bet, so you'd lose it anyway (if it's bet stake to receive same stake). Oh well, it's a good job they've given me £30 in free bets.

cheesemongery · 20/09/2018 09:22

Oh I think I'm with you now as I'd still have £15 plus or minus a small stake in the Exchange.... Or in the bookie + winnings (minus liability)

Haha have talked myself round in circles!! I've still got all day to lay it

cheesemongery · 20/09/2018 09:24

Yep am with you - Thanks for banging your head against the wall with me! I was confusing 0 profit with a 0 balance if you like.

Luckily have laid every other trigger bet!

titchy · 20/09/2018 09:55

But its bet 15 get 15, so if I lose the 15 - I lay the free 15 and come back with (on bet 5 lay 5.4 for example) a profit of £10.65 - that's profit - so the £15 I 'lost' is now £25.65.

No! If your trigger loses, you've lost £15. You then back and lay the free £15 and make £10 profit. £15 loss plus £10 profit is an overall loss of £5. Why are you adding £15 to the £10.65 profit?

cheesemongery · 20/09/2018 10:47

Yes I've got it now. I don't know why I had such a brain block! I think I'll just stop thinking about it and just do it.

cheesemongery · 20/09/2018 10:51

Well after all that my £15 has been refunded, my lay (which I did finally!) was refunded and I've still got £30 in Free Bets!! I assume the horse won't be running.

cheesemongery · 20/09/2018 17:44

Good evening, any newcomers please don't pay any heed to my trigger post thought cock up. It really takes no thought and with 2 days off work poorly I was getting myself all confused!

So after all that this morning, I am now in profit to the tune of £125 after 6 days. I did the Ladbrokes offer today, I'm still waiting on a £5 result from that, prob £3.40ish .

The WH £15 for £15 which brought on my initial confusion - well the horse was a non runner and by then I'd been given £30 in free bets (see list above) and my initial £15 refunded so will withdraw it.

£45 in a day - yes please Grin

How are you getting on @Fork2fork?

and thank you again @mikapatika for banging your head against a wall and getting through to my nonsensical thinking!

Fork2fork · 20/09/2018 18:08

BetFare want to confirm my ID. What's the safest way to do this. Thanks

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