Matched Betting Discussion Life after matched betting?

Do you Arbitrage Bet?

  • Yes

    Votes: 2 40.0%
  • No

    Votes: 1 20.0%
  • Never heard tried it

    Votes: 2 40.0%

  • Total voters
    5

cashgrabber

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Since discovering matched betting back in 2015 I have seen the value in free bets and time/reward decrease. No doubt, there's still value in matched betting even from just completing sign-ups and the early payout offers - other than that, profiting with matched betting gets harder. I was thinking how can we continue to use the existing matched betting experience to make money?

Sure you can invest more into casino offers, but they require a lot of time for wagering and need a big bank to cover variance. Not knocking it as I know it's working for so many people :)

I started researching into Arbitrage Betting. It's easier than matched betting and no requirement for free bets or bonuses! :D

There are a few arbitrage betting software services like Betslayer and odds storm but the arbs are about 3% ROI. Which isn't bad, but as you know bookies don't like you taking value so if you're going to bash them it's best to get in, squeeze as much profit you can while you can!

I joined a relatively new arbitrage betting service called ArbShooters.com -

With Arb Shooters, you receive alerts directly on your smartphone. You then place the bookie bet and wait for the lay odds in the exchange to drop below the bookmaker odds.

It's not like traditional arbitrage betting where you take value in real-time. It's more like an arbitrage signals service, the alerts promote which bookmaker's price is ABOUT to drop - so you get on as fast as you can before it drops to take advantage of the price. I've attached a screenshot of some of the alerts I received to give you some examples...

Arbs of up to 30% ROI on average. For example, if your back bet is £30 you'll lock in around £8-9. Since joining I've noticed an average of 10 arbitrage signals, but I don't manage to jump on every single one.

it's free for 7 days, if you like it then a subscription to the VIP group on Telegram is required.

I'm on day 5 and up £54 which I'm quite pleased with, I've made more with arbitrage betting than matched betting this week. Could there be life after matched betting?

Has anyone else used Arb Shooters or done any arbitrage betting to make money online?

P.S So glad to see the football back! :D
 

Rs20033

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@cashgrabber

I’ve never intentionally taken an arb because I don’t want to lose my accounts, but I have thought about it with the bookies I’m gubbed with. I just can’t be bothered to look for arbs - which makes this idea sound interesting. Although I guess you would get stake restricted pretty quickly.

It looks like it costs £30 (a month?) after the free trial. So, they give a signal for the bookie bet. Do they also alert you when the exchange odds drop and it’s time for you to lay? Or do they just tell you to wait till it’s a certain price and you have to watch it.

I might give it a go. Not sure yet. Maybe I should wait until I’m gubbed by a few more bookies...

Edit: I’ve just had another thought. Not sure if they will cap the number of members, but if this grows big, there might not be enough liquidity for everyone to lay their arbs at a good price.
 
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cashgrabber

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@Rs20033 You're exactly right. I think they will cap the number of subscribers due to the liquidity in the exchange market. You must have noticed that most of the alerts are on USA racing which gets an average of £50k matched in the exchange. Nowhere as big as UK racing, however, I have seen them post alerts on French and Swedish horse races too.

They don't tell you when to lay, but that would be an amazing added feature for sure. Right now you have to watch the lay market and decided yourself when to lay. So long as the lay odds are lower than the bookie odds you backed you'll profit.

"I just can’t be bothered to look for arbs - which makes this idea sound interesting. Although I guess you would get stake restricted pretty quickly." - yes, manual arbing would be a pain that's why this service is pretty slick. I thinking using it for gubbed accounts is an excellent idea!


I'll post here about how I get on tonight's alerts.

Cheers pal
 
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homie

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With Arb Shooters, you receive alerts directly on your smartphone. You then place the bookie bet and wait for the lay odds in the exchange to drop below the bookmaker odds.
So gambling then.
 
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Kevinburrow

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Most of my money since returning has been made via arbing (about £100 this week). I know it has a shelf life though so I try and only do it with sites I don't care about. Bet365 always tempts me though as they quite often have great odds and it's so easy.
 

cashgrabber

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@Kevinburrow nice man, thanks for your input. Yea, I'm finding arb betting with arb shooters more profitable than matched betting at the moment. I do wish the value in free bets improves in the UK, but it's looking unlikely. Bet365 has a tonne of liquidity.
 

cashgrabber

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So gambling then.
It's like sports trading with an arbitrage edge. Check out Saturday's Profit & Loss tracker attached. Looks like they record every alert and the price drops.

https://www.dropbox.com/s/x1eftf0n43nc6hv/Arb shooters P&L Sat 13th Jun.png?dl=0

This was sent to all members so I assume anyone is allowed to view. Profits were based on £30 stakes, so pretty reasonable.

Over £200 profitability that night (doubt every night is this juicy). I only managed to jump on a few but still made £64 which I'm very pleased with.
 
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Kingsavvysaver

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Is there a risk of getting restricted if your always taking value from the bookies?
 

cashgrabber

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Is there a risk of getting restricted if your always taking value from the bookies?
Stake restrictions on bookmaker accounts do happen. You can still take value from this by underlaying. For example, my Skybet Bet account limited me to only £8.20 bets when I was matched betting.

I still use SkyBet for underlaying arbs.

Stake: £8.20
Odds: 15.00
Going down to 10
Actual lay odds locked in were 11.00

£31.10 profit on the bookmaker. If the horse loses, then I break even.

I hope this makes sense? I've been using this for almost a week now, my remaining accounts are fine so far.

You can always use "Partner Friendly bookmakers" too. Maybe research that or look into that :)
 

rninja

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This is nothing revolutionary. It's price trading. They're trying to identify 'steamers' that drop in price. But, surely it's a poor idea to sacrifice your useful bookie accounts. The bookies will catch onto this, especially if you're beating the SP by big margins, as claimed.

I'd just back bet on the exchange, then look to trade out at a lower price.

I'd be interested to know what the basis of each selection is...
 
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cashgrabber

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If you think the price is about to drop, why not just use a betting exchange. Back and then queue a lay at a lower price?
:)
I understand. This is possible but I haven't tested to see if this method (typically known as Scalping) is profitable using the arb shooter alerts. A few people are doing it this way as they don't have access to every UK bookmaker.

Maybe just watch the alerts and markets in real-time? Don't place any trades just play it out in theory.
 

rninja

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@cashgrabber, Arb shooters looks like swing trading to me rather than scalp trading. You'd be looking for big odds movements, while scalping is backing and laying small price changes.

IMO, this looks interesting, but bookie restrictions WILL happen. I think there's more longevity in pursuing the exchange trading angle (although the exchange premium charge could be a barrier).

If their selections are backed with a solid methodology, the EV could be good.

I speak as an amateur sports trader with 8 years experience of watching sports and horse racing betting markets.
 

Kevinburrow

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Is there a risk of getting restricted if your always taking value from the bookies?
Definitely happened to me a few times at bookies I don't care about, but usually you just get restricted from any bonuses and promotions. That's why I'm trying to be careful with Bet365 because their £50 free in play bet is unrivalled.
 
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cashgrabber

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Definitely happened to me a few times at bookies I don't care about, but usually you just get restricted from any bonuses and promotions. That's why I'm trying to be careful with Bet365 because their £50 free in play bet is unrivalled.
B365 is my favorite bookie too. But most of the others I'm happy to rinse (and repeat).
 
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