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

Jon

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looks like racing is back tomorrow

 

Jon

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whole lot of free spin offers around tonight as well for the game!
 

Jon

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Well that’s £25 easily made for a grand total of about 3 minutes work :)

 

thefraz

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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

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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.
 
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ted

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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

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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

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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

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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!
 
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Knopfler

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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).
 
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ted

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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

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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

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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

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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
 

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Easy money back offer if your horse comes second on the first ITV race of the day with skybet
 

Knopfler

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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
 

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