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I would ignore them for now . Just so that you get familiar with the different offers
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Matched Betting Discussion [OT] Discussion about Matched Betting II {Beginners Guide in 1st Post}
- Thread starter Jon
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homie
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The casino bonus offers probably have wagering attached to them and I would ignore those for now. Have a look at any sports offers you get and see if you feel comfortable doing them. For example in my early days William Hill sent me quite a lot of straightforward bet and get offers. Those can be done exactly the same way as the basic sign up offers and wont tie your money up for more than a day, so you could do those. Just place an extra 'mug' bet on football or something as well so they dont think you are only doing bonus offers all the time.
Ah yes, great advice thanks! Did wonder if I should do a mug here and there if I take any of the subsequent Sports offers up - cheers!
MintySky
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50xUgh. I just got through a 50x wagering on the slots. Never again! Why did I think that would be a good idea?
Well, aside from 'maybe I'll hit the jackpot?'...
I didn't.
oh man, what offer was that??
Knopfler
The cleverest woodpecker in all of Yorkshire!
So I’ve done a few more horses today; especially on the Leopardstown races as Cheltenham build up.
My thoughts are - please correct me here:
1, Extra places pay out - I bagged one of these but it seems you’d have to be lucky for using this strategy - effectively you are betting which horse will take that extra paid place for the qualifying loss.
2, Each way matching - it seems basically If you follow the tool calculators you are locking in profit if it is there as long as retirements don’t mean that all the places aren’t paid at the bookie? I find it slightly tricky to verify in smarkets but easier to see in betfair. Maybe as I’m working on an iPad doesn’t help.
3, Refunds if 2nd to sp winner, extra if winning by so many lengths, refund if a faller all seem to be relative gambles so only really worth it if low QLs?
My thoughts are - please correct me here:
1, Extra places pay out - I bagged one of these but it seems you’d have to be lucky for using this strategy - effectively you are betting which horse will take that extra paid place for the qualifying loss.
2, Each way matching - it seems basically If you follow the tool calculators you are locking in profit if it is there as long as retirements don’t mean that all the places aren’t paid at the bookie? I find it slightly tricky to verify in smarkets but easier to see in betfair. Maybe as I’m working on an iPad doesn’t help.
3, Refunds if 2nd to sp winner, extra if winning by so many lengths, refund if a faller all seem to be relative gambles so only really worth it if low QLs?
1. With extra place, yes you're hoping to hit the extra place. I used to cover at last half the field when the bookie shops did 5 places 1/4 odds.
2. E-W bets. I think if say a 17 runner race for 5 places you need to be aware that if the field is reduced to 15 runners you're in the sticky stuff.
3. Second to SP fav - use personal judgement and minimise Q losses. Look for small field and a good favourite.
Also, try not to Arb the horses or you might get an email or two from Gubbing HQ
2. E-W bets. I think if say a 17 runner race for 5 places you need to be aware that if the field is reduced to 15 runners you're in the sticky stuff.
3. Second to SP fav - use personal judgement and minimise Q losses. Look for small field and a good favourite.
Also, try not to Arb the horses or you might get an email or two from Gubbing HQ
Not forgetting to check what the minimum runners are to qualify
homie
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1. Yes. You are effectively betting your Q/L on the horse coming 5th, (or whatever the place offer is) An alternative is to lock in a small profit by laying the 5 place market on betfair.
2. Yes exactly. Also Smarkets place markets dont usually have as much liquidity compared to betfair.
3. Yeah, I only do these when there is nearly zero Q/l