[OT] Discussion about Matched Betting II {Beginners Guide in 1st Post}

Jon

Administrator
Staff member
Joined
Oct 17, 2013
Messages
24,571
Reaction score
2,345
Points
283
Age
37
Location
Leeds
looks like racing is back tomorrow

 

Jon

Administrator
Staff member
Joined
Oct 17, 2013
Messages
24,571
Reaction score
2,345
Points
283
Age
37
Location
Leeds
whole lot of free spin offers around tonight as well for the game!
 

Jon

Administrator
Staff member
Joined
Oct 17, 2013
Messages
24,571
Reaction score
2,345
Points
283
Age
37
Location
Leeds
Well that’s £25 easily made for a grand total of about 3 minutes work :)

 

thefraz

Active Member
Joined
Nov 12, 2018
Messages
15
Reaction score
7
Points
33
Age
31
So I was on oddschecker on Profit Accumulator when I noticed there was a match up with a rating of around 120. The back odds were much higher the the lay. Puting it into the calculator it said a guaranteed profit. By the time I spent messing around trying to get in to those accounts (10) mins it was no longer there on oddschecker.

I guess the lay odds must have changed? Does this kind of thing happen often?
 

homie

One of the finest Matched Betting helpers around!
Joined
Oct 16, 2016
Messages
1,159
Reaction score
413
Points
203
So I was on oddschecker on Profit Accumulator when I noticed there was a match up with a rating of around 120. The back odds were much higher the the lay. Puting it into the calculator it said a guaranteed profit. By the time I spent messing around trying to get in to those accounts (10) mins it was no longer there on oddschecker.

I guess the lay odds must have changed? Does this kind of thing happen often?
Very often. Both back and lay odds can and often do change quickly. Especially just before a horse race is off.
 
Reactions: thefraz

ted

Money Making Megastar!
Joined
Feb 12, 2014
Messages
271
Reaction score
62
Points
148
Website
earningsandsavings.blogspot.co.uk
BOB is Best odds bingo...risk free and high chance of winning.

Mecca have made a lot of changes to it in the last week so nowhere near as profitable. Might be worth a look still
 

MAX POWER

Well-Known Member
Joined
Nov 9, 2018
Messages
117
Reaction score
11
Points
48
Location
UP NORTH...
BOB is Best odds bingo...risk free and high chance of winning.

Mecca have made a lot of changes to it in the last week so nowhere near as profitable. Might be worth a look still
Hi, sorry for being the stupid one, but how do you have odds on bingo what sort of offers does this work with...Max
 

thefraz

Active Member
Joined
Nov 12, 2018
Messages
15
Reaction score
7
Points
33
Age
31
Very often. Both back and lay odds can and often do change quickly. Especially just before a horse race is off.
So is this how people who do this full time make their money? Wait for a larger back bet than lay and quickly lay and back a a thousand quid or so?
 

Jon

Administrator
Staff member
Joined
Oct 17, 2013
Messages
24,571
Reaction score
2,345
Points
283
Age
37
Location
Leeds
So is this how people who do this full time make their money? Wait for a larger back bet than lay and quickly lay and back a a thousand quid or so?
No we make our money long term by just doing regular reload offers like everyone else can do!
 
Reactions: thefraz

Knopfler

The cleverest woodpecker in all of Yorkshire!
Joined
Jul 7, 2016
Messages
935
Reaction score
145
Points
113
Location
South Yorkshire
Hi, @thefraz, Anything over 100 ratings is known as an 'arb' and is best avoided if you want to keep the bookie account as they do not like it, unsurprisingly.

Only time it is really okay to do bets where the lay odds are lower is on price boosts. They may crop up on horses just before the race but I do not really do them, so cannot comment on that aspect fairly.

Once you are 'gubbed' by a bookie you can look at 'arbing' then but they will reduce your stake limits quite quickly AND some bookies you MAY get 'ungubbed' in the future, so still need to take care (ladbrokes being one of them).
 
Reactions: thefraz

ted

Money Making Megastar!
Joined
Feb 12, 2014
Messages
271
Reaction score
62
Points
148
Website
earningsandsavings.blogspot.co.uk
Hi, sorry for being the stupid one, but how do you have odds on bingo what sort of offers does this work with...Max
it's not MB. it's bingo as you know it with a small number of players and a refund if you don't win. They've taken way the high paying rooms so there is now an element of risk (if you win less than you have staked)
 

thefraz

Active Member
Joined
Nov 12, 2018
Messages
15
Reaction score
7
Points
33
Age
31
Hi, @thefraz, Anything over 100 ratings is known as an 'arb' and is best avoided if you want to keep the bookie account as they do not like it, unsurprisingly.

Only time it is really okay to do bets where the lay odds are lower is on price boosts. They may crop up on horses just before the race but I do not really do them, so cannot comment on that aspect fairly.

Once you are 'gubbed' by a bookie you can look at 'arbing' then but they will reduce your stake limits quite quickly AND some bookies you MAY get 'ungubbed' in the future, so still need to take care (ladbrokes being one of them).
Interesting, thanks. Yeah it seemed a little too good to be true.
 

MAX POWER

Well-Known Member
Joined
Nov 9, 2018
Messages
117
Reaction score
11
Points
48
Location
UP NORTH...
it's not MB. it's bingo as you know it with a small number of players and a refund if you don't win. They've taken way the high paying rooms so there is now an element of risk (if you win less than you have staked)
Hi @ted many thanks for your reply and explaining the B.O.B. I'll have to check these out at some point...Regards..MAX
 

MAX POWER

Well-Known Member
Joined
Nov 9, 2018
Messages
117
Reaction score
11
Points
48
Location
UP NORTH...
Hi, @thefraz, Anything over 100 ratings is known as an 'arb' and is best avoided if you want to keep the bookie account as they do not like it, unsurprisingly.
.
Hi @Knopfler do I take it that the bookies know the lay odds too, why would they drop the odds lower than the exchange sites if they Know this !!
I'll have to take care in the future, as I've done a few of these on Sky, thank you for the info and it's good to have the knowledge...Thanks @MAX POWER
 

Jon

Administrator
Staff member
Joined
Oct 17, 2013
Messages
24,571
Reaction score
2,345
Points
283
Age
37
Location
Leeds
Easy money back offer if your horse comes second on the first ITV race of the day with skybet
 

Knopfler

The cleverest woodpecker in all of Yorkshire!
Joined
Jul 7, 2016
Messages
935
Reaction score
145
Points
113
Location
South Yorkshire
Hi, @MAX POWER - yes they know what the lay odds are at the exact time you place your back bet - eek!

A good tip for anyone (I did not realise this until fairly recently):

Add ALL the exchanges in the calculator, even if you don't use them - that way you will see instantly if there is an ARB on the bet you are intending to place and do a different match instead.

After all the bookies don't know if or what exchange you are using, so you have to assume it is the one with the highest rating.

Try and hang on to your Sky one - I lost mine ages ago unfortunately.

HTH
 

TMSPRESTO

TotallyBlogging

Members online

Forum statistics

Threads
5,145
Messages
143,960
Members
7,600
Latest member
Oyy

Latest profile posts

Happy Monday! So proud to see everyone smashing the moneymaking on the monthly challenge!
MAX POWER wrote on jkg-jkg's profile.
Hiya..was reading a few posts today, your post on Swansea and Huddersfield ..Could I ask this 2 up bet, is this with Bet365 and does your team have to score the first 2 goals then go on to lose...Never got on to these yet nut looks like I should reading your post on ya winnings..Many thanks in advance for your help...Pete
William Hill giving out prizes so just managed a £20 cash out on a £2 spin :)
I had forgotten how long it takes to list things on eBay..
Just won £15 from a 10p spin!