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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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They do still qualify on Ladbrokes and the WH terms don't preclude it, but I haven't tried a boosted acca on WH yet.
homie
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Yes they do. They may also be responsible for me getting gubbed by Hills
so treat with caution.
homie
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No wonder bookies hate us. Just looked at my unibet account. Made one deposit of £40 when opening it and basically spent the last 18 months cycling that money round and round going up and down as bets won and lost but never deposited another penny with them since. Managed to withdrawn £300 in the process too.
I’m the same as this, I’m aiming to have just cumulative profit by the end of June which will be my 6month mark
Pen
Well-Known Member
How often do you guys cash out everything from one bookie and move it to another? Just wondering as I’m still in my early days?
Pen
Well-Known Member
Pen
Well-Known Member
Pen
Well-Known Member
Do check out Smarkets as an alternative Exchange. Most MBers use them a lot as their commission rate is a lot less than Betfair (they have 90% of the markets Betfair has so you don't use them exclusively but over time the reduced commission rate makes a lot of difference). If you are a paid member of PA or OddsMonkey then you can get 0% commission on Smarkets at the moment.
Pen
Well-Known Member
That’s good to know, yeah I’m a platinum member of PA now as of today, so still all shiny and new and learning the lingo.
Apologies as I know this must have been asked before, but I tried matched betting last year and completed all the sign up offers. Unfortunately I had to withdraw all my earnings for other reasons. I would like to start up again soon. How much would I need to restart with? Really appreciate any advice on this as I hope to be able to put money away so that I don't have to clear my accounts again.
My thoughts would be to take as a start the amount of money you could (in theory) tie up for a couple of months - you won't of course but it might be a good rule of thumb. Then take 20-40% of that as the amount you would use at the bookies and 60-80% to invest in your favourite exchange (noting my comments about Smarkets in the posts above)