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

Karonher

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Yeah I got William Hill back after about 8 months I think it was

Did you do much or just the odd bet? I don't mind a bit if mug betting but don't want to lose loads on QL and still not get it back.
 

Lizziew24

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Anyone seen this and know what it means?
 

Jon

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Anyone seen this and know what it means?
I can’t tell if it’s matched betting or following a tipster!!
 

homie

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I can’t tell if it’s matched betting or following a tipster!!

I don't understand it either. It looks like they want to be like a betting exchange for people who can't get bets on at regular bookmaker.
 

geebobuk

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I think watching this video - might give you a better insight into how we can use it - it's a lot longer & more detailed than the main promo video they are using.
 

Queen Jess

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Interesting... gubbed from Bet365 and very much restricted, but carried on mugging them in my usual patterns at whatever they would allow me to bet (on things I thought would lose). Lost a bit with them and looks like I can do my normal bet sizes already. Fingers crossed I can get them back as if nothing else, it's my favourite app for easy use!
 
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MAX POWER

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Hiya Guys
Not really got into the extra place bets, but had a bash at a few today thought I'd ask if the bookmakers look on these as bad as if you hit all offers etc, does the extra place type bet fall better on your account etc....I guess there are some guys who hit many of the extra place bets on Saturday etc, would this look bad...
Thanks guys for the help....MAX
 

disneygirl

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Is the bet365 risk-free horse bet layed as SNR? (if anyone had tiger roll for the GN offer there is a risk free bet.)
 

MAX POWER

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Hiya Guys..On this BET 365 offer (Free bet of £50 on the 1.25 @ Ayr tomorrow, do you lay this off or just place the bet and if it loses ya get the £50 back from them as cash..I think..

Cheers..MAX
 

disneygirl

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I am thinking if you do it has SNR, you make a profit bet wins or lose, as that is what I would do if it was a free bet if you lose. If you lay the bet as normal and it wins they would be no profit. I am a bit confused though so not 100% sure.
 

MAX POWER

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I am thinking if you do it has SNR, you make a profit bet wins or lose, as that is what I would do if it was a free bet if you lose. If you lay the bet as normal and it wins they would be no profit. I am a bit confused though so not 100% sure.
Confused :rolleyes: Yep me too....I'm not sure if to lay it off or not, come on @Jon or @homie what's the answer..
Many thanks for any help....MAX
 

jkg-jkg

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Confused :rolleyes: Yep me too....I'm not sure if to lay it off or not, come on @Jon or @homie what's the answer..
Many thanks for any help....MAX
They can be a little bit confusing because of the way they work. They don't work exactly like an SNR free bet, or exactly like a Risk Free bet

So -

1) they are Stake Not Returned, so 10.0 is really 9.0, and that is the odds if you win. But,
2) you do then get another £50 in the next race (if you go for another 4/1 horse). But,
3) you do get a full refund of the stake if it loses

No other bet works this way because it isn't a standard SNR, or a standard Risk Free.

So best advice is to calculate it as SNR and then maybe bias it a bit to win slightly less if it does win (assuming the horse you picked is 4/1 or higher).

Do remember it is Risk Free so you can place the bet earlier in the day and lay it nearer the off if you want to take the chance on the odds coming in. If the odds come in by at least 1.0 (from 10.0 to 9.0 say) then you can lay £50 and be guaranteed of £50 return either way.
 
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