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Matched Betting Discussion [OT] Discussion about Matched Betting II {Beginners Guide in 1st Post}
- Thread starter Jon
- Start date
Yes sure I'll talk you through it my advice is DO NOT EVEN ATTEMPT THIS!!
£2500 of wagering for £30!!?!?
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i think just post the offer in PA , to see if it worth doing.
Although i haven done the casino offers myself ( Still on signups ). I think they may be the most lucrative
As these are Arcade slots they generally have crap RTPs. If you assume an RTP of 95% then on average you will lose £125 on the wagering. Wagering the £30 gives you £28.50 return. You only get the 100 spins if McGregor wins (unlikely) otherwise you get 50 spins @ £2 so a return of £95. So in theory if everything averaged out you would be £1.50 down. The variance on Arcade slots is a bit of a nightmare too (although with £2500 for wagering it will have more chance of averaging out), so only really worth a go if you are a) crazy (this includes Jon) or b) have deep pockets and nerves of steel (this is Katy)
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If your lay bet loses then the liability goes from your betfair account and into your bookie account as winnings
Hi @Becky Martin - rewatch a couple of the PA Videos until you are comfortable you have a bit more of an understanding on what you are doing. Slow and steady is the way to approach MB.
Knopfler
The cleverest woodpecker in all of Yorkshire!
betsafe have just emailed an emoji reel offer.
If you do the £500 offer you ONLY have a WR of £17,500 but dont worry - you can do this offer EVERY DAY! :lol:
If you do the £500 offer you ONLY have a WR of £17,500 but dont worry - you can do this offer EVERY DAY! :lol:
Hollyhock64
Money Making Megastar!
It may be £4200 if the 3oX is on deposit and bonus. Typically a good RTP is 97% on the right slot. Therefore assuming only bonus counts for the wagering and it is £3600 you have £3492 after wagering on average and a £108 loss, but you have £120 bonus so in theory £12 left. If on the full amount and therefore £4200 then you have £4074 left after wagering and a £126 loss so you lose £6 of your own money. £4200 (or even £3600) is a lot of wagering. Doing more then the minimum spin value will make this go quicker, but will increase the variance and make it more likely you won't complete the wagering. That looks like an 888 offer and they usually say your deposit is locked until all wagering is completed and this can mean you still have to wager your deposit if the wagering has not completed, but it can also be that it becomes unlocked when the bonus disappears - this will depend on the T&Cs.
If it is just the bonus for wagering and your own money is not at risk then it is worth a go, but if your deposit is locked in then a no (early on in your MB journey for sure). Jon would definitely have a go at this and I probably would myself, as the bonus is big compared with the deposit, but I would be prepared to lose the £20. I would suggest nothing more than 20X early on and then as you get more experienced you will be able to decide on 30X yourself.
If it is just the bonus for wagering and your own money is not at risk then it is worth a go, but if your deposit is locked in then a no (early on in your MB journey for sure). Jon would definitely have a go at this and I probably would myself, as the bonus is big compared with the deposit, but I would be prepared to lose the £20. I would suggest nothing more than 20X early on and then as you get more experienced you will be able to decide on 30X yourself.
Hollyhock64
Money Making Megastar!
Thanks very much for the explanation. 888 keep sending me these offers and I can't decide if they are worth doing or not. The maths is too much for me! It is helpful that you say 20x as a beginner. I keep meaning to do some casino offers but just can't make a start. They just seem to be about luck, and I am not lucky. I've never even won a raffle!
I'm away this weekend so can't do anything too involved so have got around £500 in horse refunds placed and sole accas which are finishing today / tomorrow. Who of which look like they are going to both give me £25 free bets
Hollyhock64
Money Making Megastar!
Quite impressed today. I've placed 13 bets and at the moment I've only got £7 in Betfair.
I decided to be brave and try that 888casino offer as it was only the winnings from the free play you had to wager x30. Needless to say, I didn't win anything! I think I did it wrong. I got loads of free spins in the first 3 0r 4 of my free play spins, and was up to £50. I got a message saying carry on playing, you could win the jackpot "lobby, continue, real money". I was unsure so picked "lobby", and my free play instantly disappeared. I think I should have picked "continue". Then I went on to lose the £50. Never mind, I have requested a withdrawal of my £20, so shouldn't have lost owt. I'm trying to learn how to do it, so it's a learning experience I suppose
I decided to be brave and try that 888casino offer as it was only the winnings from the free play you had to wager x30. Needless to say, I didn't win anything! I think I did it wrong. I got loads of free spins in the first 3 0r 4 of my free play spins, and was up to £50. I got a message saying carry on playing, you could win the jackpot "lobby, continue, real money". I was unsure so picked "lobby", and my free play instantly disappeared. I think I should have picked "continue". Then I went on to lose the £50. Never mind, I have requested a withdrawal of my £20, so shouldn't have lost owt. I'm trying to learn how to do it, so it's a learning experience I suppose