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Matched Betting Discussion [OT] Discussion about Matched Betting II {Beginners Guide in 1st Post}
- Thread starter Jon
- Start date
ted
Money Making Megastar!
If you are going to do Cheltenham seriously (I also made £500 ish myself that week) then seriously look at Smarkets - liquidity can be a bit of an issue with Smarkets, but not during the big events. My profit that week was at least £50 better off from using them rather than BF (when placing £2k of bets per day the commission mounts up)
Hi guys. I'm thinking about heading back into MB (stopped after completing all the welcome bets). But instead of using "reload" offers, I was going to use Oddsmonkey to find the highest rated bets and just lay it like a normal MB (e.g. bet at 120% rating of £100 bet, lay opposing side and make £20 at 0% commission).
Does anybody do this type of MB or know if its even possible?
Does anybody do this type of MB or know if its even possible?
ted
Money Making Megastar!
Yes. Good example is Sky have a 6/4 flash boost offer just now on both teams to score in tonights match. The lay price is only half of that so guaranteed a good return. They limit your stakes on that though so isn't a license to print money.
I don't really do horse bets but I believe the constant variation in the odds for that may be good for your method.
SparklyMum
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Is this not a one way street to gubsville
Why do this when you could make LOTS of money long term doing the endless offers
SparklyMum
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much apprechiated
unless I've read it wrong aren't you constantly arbing taking odds with a rating above 100%
Fingers crossed I have done this right. Arsenal v Chelsea as a draw. I still wont be convinced I have not missed something until I see the profit in the account.
You've backed the draw at the bookies and laid the draw at betfair exchange yeah?
Its just that I couldn't find the lay on the betfair site - I can find the placed bets on Coral.
Changed that to couldn't as I think I have done.
Changed that to couldn't as I think I have done.
homie
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Expect to be restricted within a week by any bookies you do this with.
They don't like it as you are only taking value bets from them. Arbs mainly come from bookies not cutting their prices fast enough (their own fault, true) which leads to a glut of people all jumping on the bet and if the horse wins the bookie will have to pay out at a higher price than they would have been able to lay the bet off at. If those are the only bets you make they will very quickly identify your account and boot you out.
This doesn't include official boosts which the bookies balance up knowing what odds they will be offering in advance.
Go onto betfair exchange
find the match / event
the lay boxes are the pink ones
Click in it and put in whatever the calculator tells you to lay at those odds
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