New to Matched Betting

KillerKat

New Member
Joined
Oct 7, 2016
Messages
9
Points
0
Hi there just using a guide to get throughthe process, I've understood it fine so far, until I got my free bet tokens, the guide says I have to bet above 5.0 odds, why is that? I don't have the liability amount in betfair to cover that!
 

Jon

Money Making Megastar!
Joined
Oct 17, 2013
Messages
32,378
Points
283
Age
42
Location
Leeds
KillerKat said:
Hi there just using a guide to get throughthe process, I've understood it fine so far, until I got my free bet tokens, the guide says I have to bet above 5.0 odds, why is that? I don't have the liability amount in betfair to cover that!

the reason you need to use your free bet at ideally 5.0 or above is so that you can make the most you can from the free bet

If you can't afford odds that high because you can't afford so much liability then just go for smaller odds but you won't get as much money from the free bet.

Just follow the hand holding instructions on Profit Accumulator and you will be fine ;)
 

KillerKat

New Member
Joined
Oct 7, 2016
Messages
9
Points
0
ok thanks [member=1]Jon[/member] I sort of understand it now, so I need to keep more money in betfair almost as if it were the bank to match the liability, I suppose I could just do two free bets at 5.0 instead of all four tokens until I have more money in betfair? or would I still lose more money of the free bet because it's a smaller amount. just to get the ball rolling! Also any important tips for me that I might be missing would be great! thanks very much
 

askgar

Well-Known Member
Joined
Nov 15, 2014
Messages
1,460
Points
48
KillerKat said:
ok thanks [member=1]Jon[/member] I sort of understand it now, so I need to keep more money in betfair almost as if it were the bank to match the liability, I suppose I could just do two free bets at 5.0 instead of all four tokens until I have more money in betfair? or would I still lose more money of the free bet because it's a smaller amount. just to get the ball rolling! Also any important tips for me that I might be missing would be great! thanks very much

If it's split into tokens then just using 1 or 2 of them at a time would be a good idea to reduce liability and wouldn't affect the profit in the same way using low odds would.
 

Jon

Money Making Megastar!
Joined
Oct 17, 2013
Messages
32,378
Points
283
Age
42
Location
Leeds
Yeah good thinking...
 

KillerKat

New Member
Joined
Oct 7, 2016
Messages
9
Points
0
ok thanks guys, registered two lots of free 20 bets now, just have to wait for some liability money then I can follow them up :D
 

KillerKat

New Member
Joined
Oct 7, 2016
Messages
9
Points
0
Just realised my bets are for a match on the 15th, is that a bit too long to wait to get started, do you think I should cash out and rebet?
 

askgar

Well-Known Member
Joined
Nov 15, 2014
Messages
1,460
Points
48
KillerKat said:
Just realised my bets are for a match on the 15th, is that a bit too long to wait to get started, do you think I should cash out and rebet?

I doubt you can cash out now, but if you do you won't get a chance to rebet with it, I'd just let it ride now and treat it as a learning experience to check dates (I still do it quite often, luckily I have a bank roll large enough it isn't as much of a problem).
 

KillerKat

New Member
Joined
Oct 7, 2016
Messages
9
Points
0
Yeah it got me! lol thanks for the advise, just to clarify should I always be betting at 5.0 or above when using free bets? is it better to bet at a higher odd than 5.0 or stay near 5, as well as that should normal bets be as low as possible? Sorry for all the questions! ;D
 

Jon

Money Making Megastar!
Joined
Oct 17, 2013
Messages
32,378
Points
283
Age
42
Location
Leeds
Normal bets should be whatever PA tell you to use

If they say bet above 1.5 then try and get as close go JUST above 1.5 as possible to limit your qualifying loss

In terms of freebets I stick to between 4.0 and 6.0
 

katykicker

I am a work from home Mum from Essex.
Staff member
Joined
Nov 14, 2014
Messages
6,705
Points
373
Location
Harlow
Website
katykicker.com
All the offers on PA should tell you what odds to be looking for :) Just follow the guides and you'll be fine I'm sure!

I set mine far ahead when I first started out, now I usually take slightly lower odds just to be able to have the money back quicker.
 

asajj

Money Making Megastar!
Joined
Jun 3, 2015
Messages
1,783
Points
193
Already said couple of times but just read the instructions on the offer as some offers won't let you bet let's say higher than 7.00 etc. :)
 

Uhhhhh

Money Making Megastar!
Joined
Sep 21, 2015
Messages
1,246
Points
148
[member=4514]KillerKat[/member] PA et al tell you to go for high odds on free bets as it generally means you can extract more money from a free bet. However, proceed with caution....if you do all of your qualifiers at just above the minimum odds and then all of your free bets at 7.0ish then you're following an obvious MB pattern. You can extract plenty of value from a free bet at odds of 3.5-5.0 and it doesn't look as odd.
 

KillerKat

New Member
Joined
Oct 7, 2016
Messages
9
Points
0
ahh thank so wider range with free bets really, and avoid a regular looking pattern gotya! 8) just got to wait 'till Saturday now cause i placed all my bets on the wrong date ::)
 

anabanana

Money Making Megastar!
Joined
Oct 16, 2016
Messages
10
Points
121
I've been really sceptical to this, but after reading the posts it sounds more interesting.. might give this a try!
 

katykicker

I am a work from home Mum from Essex.
Staff member
Joined
Nov 14, 2014
Messages
6,705
Points
373
Location
Harlow
Website
katykicker.com
anabanana said:
I've been really sceptical to this, but after reading the posts it sounds more interesting.. might give this a try!
It's really worth trying. I've made £15,000 in just 4 months!

http://katykicker.com/how-i-made-15000-in-4-months-matched-betting/
 

Uhhhhh

Money Making Megastar!
Joined
Sep 21, 2015
Messages
1,246
Points
148
[member=4578]anabanana[/member] Honestly you might as well give the free trial a try (there's a link in my signature if you want to use it :)) lots of us are here if you have any questions.

I was a complete novice before I started and you pick up the basics quite quickly - as long as you follow the instructions!
 

asajj

Money Making Megastar!
Joined
Jun 3, 2015
Messages
1,783
Points
193
anabanana said:
I've been really sceptical to this, but after reading the posts it sounds more interesting.. might give this a try!

[member=4578]anabanana[/member] At least try the initial offer :) Not all of us so lucky to earn thousands through slots but we make decent money still. I was also sceptical and a bit scared when I first started but it is one of those things where your efforts are not wasted !
 

Members online


Amazon Discount Finder Tool

Find hidden 80%+ savings on Amazon products



 

 

 

 

 

 

 

Forum statistics

Threads
7,380
Messages
199,740
Members
11,387
Latest member
jbniche1