Matched Betting Discussion [OT] Discussion about Matched Betting II {Beginners Guide in 1st Post}

ilbrec

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Anybody having issues with Coral slots at the mo, King Kong cash/TED/Centurian/rockin respin/ top cat etc. Can't get any of them to complete a spin despite clearing cache/cookies/hisory on multiple browsers across multiple devices. They were all working a few days ago. Coral support are being chocalate teapots as usual
 

Leeceford

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I haven't tried Coral slots for a few days @ilbrec

Just done the Lads 5 on Superman and get 20 free spins...I ended 64 squidos up!
 
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jkg-jkg

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Looks like Sky are paying 10 places on The Open next week - I suspect my exchange balance is going to take a hammering
 

Jon

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Looks like Sky are paying 10 places on The Open next week - I suspect my exchange balance is going to take a hammering

Yeah got that notification earlier on my phone...woo!
 

Jon

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skybet just text me, they have an easy horsey offer

money back as a freebet if you horse comes 2nd or 3rd in the 1:50 and newcastle
 

Jacquiesce

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Hi all, been on a break from MBing after being on holiday, switched bank accounts and don't want any bookies sites on my new account so I'm waiting on a debit card from my new dedicated MBing /mystery shopping account before I start again, got a nice pot building ready and missing the buzz! I'll be back soon, missing out on all these deals!!
 

deadfool

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OK, I've started setting myself up for match betting - joined profitaccumulator and been through the tutorials, opened a coral account with a fiver and put another fiver in a betfair account I already had. Think I have enough of a basic understanding to get going, but have noticed that all off the current matches available on oddsmatching are <95% - not by much: 93/94% - should I wait until better options appear?
 

Jon

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Up to you really. It's towards the end of the day and so you can basically grab what's there or wait until tomorrow's horses appear in the morning

I would do the betFRED qualifying bet as well as while you get the coral free bet instantly the betFRED one tasks 24hrs to appear from memory
 
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OK, I've started setting myself up for match betting - joined profitaccumulator and been through the tutorials, opened a coral account with a fiver and put another fiver in a betfair account I already had. Think I have enough of a basic understanding to get going, but have noticed that all off the current matches available on oddsmatching are <95% - not by much: 93/94% - should I wait until better options appear?

You're also likely to need more than £5 to cover your liability, especially when it comes to placing your free bets. This would cover the amount of money you would end up with in your bookie account if the bet wins there. The higher the odds, the higher the liability.
 

deadfool

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Nice one, cheers. Gonna study this a bit more to get my head round properly it before proceeding I think.
 
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Nice one, cheers. Gonna study this a bit more to get my head round properly it before proceeding I think.

To get my head around it, the easiest way I found was to think of the money moving between your accounts. This worked example might also help. The calculators on Profit Accumulator will always tell much money your the liability will be. Took me a while to really twig though so I ended up trusting in it and then worked out what had happened after the event. Good luck!
 

jkg-jkg

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Nice one, cheers. Gonna study this a bit more to get my head round properly it before proceeding I think.
The other way of looking at it is the 'back' bet is you being a normal punter and the 'lay' bet you being the bookie. If you place a back bet @ 3/1 (4.0) you expect the bookie to pay you out 3x your bet plus your stake back (that is the 4.0 - winnings plus stake). So you back £10 but the bookie has a lay 'liability' of £30 and they give you your £10 back. If the bet wins you get £30 profit, and they make £30 loss. If it loses you lose £10 and they make £10 profit. Of course when you are being the bookie and using an exchange they take a cut of your profit (5% @ Betfair, 2% @ Smarkets)
 

Cas

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skybet just text me, they have an easy horsey offer

money back as a freebet if you horse comes 2nd or 3rd in the 1:50 and newcastle
How did it go?
Just thought I'd share a few of my screenshots from the last week!

KERCHING.
woowwww thats great. I'm guessing your do casino offer everyday right ?
 

Jon

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free £1 play on Deal of No Deal on Betfair Arcade ya'll
 

Cas

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free £1 play on Deal of No Deal on Betfair Arcade ya'll
you reckon i should do this deal quickly even though i haven't finished signups ?
 

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