Just started today

Hi to all

I just started Matched Betting today following the Profit Accumulator hand holding videos.

Back in the day I used to follow a betting system which never worked for me, so I am at least familiar with Betfair and that's an advantage with this. I haven't got quite such a steep learning curve. It seems fairly straightforward but getting my head around all the different user interfaces is slightly challenging.

On my first free bet, I didn't realise how to place the free bet and ended up making a cash bet, so lost about 4 quid on that one. Chalk that up to experience, I won't do it again. Currently got three champs league bets waiting on tonight's games.

I signed up for Betfred this afternoon and was unable to deposit funds, then it signed me out and I was unable to access the account at all, had a chat with the chatline person and ended up having to get all my documentation together. Discovered that my postcode on the only bill I have in my name is wrong, and trying to change it online involves a security assault course that just about made me lose the will to live. Sigh!

I don't know whether this comes up later in the training process, but I was wondering how to handle the Betfair side of the matching. As you are always laying on BF, will you end up having to top up your BF account with winnings from the other bookies? Or does it even out on those occasions when the lay bet comes good?

Thanks for the replies.

Unfortunately I backed and laid the draw last night on the Liverpool Sevilla match and it was a draw, so I'm not off to a flying start but am in profit so that's good.

I need to sort out my postcode issue and get cracking with more bets. I started out with £50 but I can put more in if it helps to get things moving.

I suppose only in the sense that the money has landed in my Coral account rather than the Betfair account. I don't suppose it matters and I can top it up as needs be.

I have signed up for Smarkets, looks like a nice clean user interface. You can easily see how much liquidity there is in the market.

Am stalled today as I'm waiting on clearance from Betfred, but I have to go and work anyway, so maybe it will be through by the time I get home.

I am taking things rather slow, I have made some money but not as much as I would like. I don't want to confuse myself by having bets going on all over the place, and it's such a fiddly pain to open all the bookies accounts. Many annoying little issues to resolve along the way. It's taking time for the free bets to appear in my accounts. Signed up to Profit Accumulator and will see how it goes the first month.

My bank (Barclays) has a hair trigger fraud detection algorithm so I fully expect to get locked out of my account and have to ring the Fraud department any day now.