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

[auntygeek]

Just made £40 on the Slingo loophole. Pain in the arse doing hundreds of spins but getting profit helps. A lot of people have made more than me but profit is profit.


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Is this the SMM loophole? I thought this was shut down everywhere.... Was just about to do the Casumo one but thanks to PA writing it as if it was a normal offer and d*ckwads going on chat it's got pulled within days. People over there who can't read a simple post drive me crazy. As if it's not spoon fed enough!

 

[Queen]

Im so skint waiting for bookie money - bloody bank holiday. I am gonna have to lend myself some cash to tide me over lol

 

[stonecrows]

I do that sometimes, borrow some out of savings and put it back later. You'd think with around £1k floating about I would be alright, but sometimes it's just all completely in the wrong places.

 

[jackieblack]

I am getting soooooo frustrated with BBr*ght

Been trying to use my free bet for days. Anything with decent odds seems to be restricted. Just lost a couple of quid, placed my bet then played went back to my bet and it had been declined. Can only bet £5 on that market. Had to cash out at the exchange. Been through the horses (don't like them really, too fast moving) and they're restricted to varying amounts from £3-12ish.

As it's proving so difficult, would you just take any odds so you don't lose out on the freebie???

 

[Flexit]

I am getting soooooo frustrated with BBr*ght

Been trying to use my free bet for days. Anything with decent odds seems to be restricted. Just lost a couple of quid, placed my bet then played went back to my bet and it had been declined. Can only bet £5 on that market. Had to cash out at the exchange. Been through the horses (don't like them really, too fast moving) and they're restricted to varying amounts from £3-12ish.

As it's proving so difficult, would you just take any odds so you don't lose out on the freebie???

Have you tried placing the bet on any of the bigger premiership games at the weekend?

 

[Pbrail]

I am getting soooooo frustrated with BBr*ght

Been trying to use my free bet for days. Anything with decent odds seems to be restricted. Just lost a couple of quid, placed my bet then played went back to my bet and it had been declined. Can only bet £5 on that market. Had to cash out at the exchange. Been through the horses (don't like them really, too fast moving) and they're restricted to varying amounts from £3-12ish.

As it's proving so difficult, would you just take any odds so you don't lose out on the freebie???

What Odds have you been trying to place it at?

 

[jackieblack]

Anything from 6-9 and even then the outcome will leave between £22-25 of the £30 free bet.

I could go lower and end up with £19-20.... at this rate I'll end up evens on my initial bet!

 

[Pbrail]

Anything from 6-9 and even then the outcome will leave between £22-25 of the £30 free bet.

I could go lower and end up with £19-20.... at this rate I'll end up evens on my initial bet!

6 is pushing it, 9 is FAR too high in all but exceptional circumstances, so not surprised to hear it's stake limited - it's my biggest bugbear with PA that they don't give better guidance with that. Even if some bookies don't Stake limit and allow those sorts of high odds it's a huge red flag (especially as your qualifier will likely have been at low odds, making it stand out even more).

Try for something around 4-5.

 

[Pbrail]

By the way, not sure I understand your comment about being evens with your initial bet. You should only have a few pounds tops qualifying losses on that, so even if you get £20 back from your free bet you're still looking at £17-£18 profit.

 

[stonecrows]

I'm having a complete brain fart today. You know the offers where it's bet £10 and get a £10 free bet if your bet loses, so you have to make the qualifying bet SNR as well as the free bet? I've just spent ages trying to work out why we lay off the qualifying bet at all. I've done plenty of these offers now so it's not like I'm new to them, but I could not see why we have to lay both off. I have remembered how it works now, but my complete brain fog today suggests that perhaps it's not the best day to be doing anything new or even slightly complicated.

I had a late night on Saturday and I'm so old it takes me days to recover, that's my excuse.

[member=3496]jackieblack[/member] I tend to stick to odds of around 4-6 if I can but it can be hard to find them close. I'd either wait until nearer kick off time tonight or use the PL games at the weekend. When does your bet expire? I've just looked at my BetBright results and the QL was £9 and the FB was £21 profit, so I did only get £13 out of it.

[member=1315]Pbrail[/member] Looking at my sheet, it looks like the BB offer was one of those where you calculate the qualifying bet as SNR so you do end up taking a bigger initial loss.

 

[Pbrail]

I'm having a complete brain fart today. You know the offers where it's bet £10 and get a £10 free bet if your bet loses, so you have to make the qualifying bet SNR as well as the free bet? I've just spent ages trying to work out why we lay off the qualifying bet at all. I've done plenty of these offers now so it's not like I'm new to them, but I could not see why we have to lay both off. I have remembered how it works now, but my complete brain fog today suggests that perhaps it's not the best day to be doing anything new or even slightly complicated.

I had a late night on Saturday and I'm so old it takes me days to recover, that's my excuse.

[member=3496]jackieblack[/member] I tend to stick to odds of around 4-6 if I can but it can be hard to find them close. I'd either wait until nearer kick off time tonight or use the PL games at the weekend. When does your bet expire? I've just looked at my BetBright results and the QL was £9 and the FB was £21 profit, so I did only get £13 out of it.

[member=1315]Pbrail[/member] Looking at my sheet, it looks like the BB offer was one of those where you calculate the qualifying bet as SNR so you do end up taking a bigger initial loss.

Ah yes, it's a FB only if your 1st bet loses, my bad.

As for why, you need to look at it from the reverse math pov if you *didn't* Lay.

You bet £30, you don't Lay, your bet loses. You are down -£30

You get your free £30 bet, you Lay this and, going from your own previous spreadsheet amount, you make £21 from your FB

Meaning that overall you are down £9.

In other words, if you only Layed the free bet, you would be down due to the SNR element pushing up your QL. If that makes sense?

 

[stonecrows]

Yeah, I remembered after staring at numbers for ages! Basically, I forgot that if it loses, you lose your initial stake so the money from the free bet would leave you at a loss. Like I say, I've done them before, but it was like I'd had some sort of epiphany that no-one on PA had realised. Anyway, the odds on the one I'm trying to do today are rubbish so I'm going to wait until nearer kick off and hope they are closer

 

[SimonP]

Just made £40 on the Slingo loophole. Pain in the arse doing hundreds of spins but getting profit helps. A lot of people have made more than me but profit is profit.


Sent from my iPhone using Tapatalk

Is this the SMM loophole? I thought this was shut down everywhere.... Was just about to do the Casumo one but thanks to PA writing it as if it was a normal offer and d*ckwads going on chat it's got pulled within days. People over there who can't read a simple post drive me crazy. As if it's not spoon fed enough!

Yes it is [member=143]auntygeek[/member]
I was reading a couple of the loophole threads and one was saying it had stopped and one was saying it was still going.
They said that the Casumo one had definitely stopped but the Slingo and Netbet were still working.
I did it yesterday afternoon and evening and ended up with the £40 profit from a deposit of £100. They text me this morning to say they have already processed the withdrawl. Very quick and profitable.

 

[jackieblack]

By the way, not sure I understand your comment about being evens with your initial bet. You should only have a few pounds tops qualifying losses on that, so even if you get £20 back from your free bet you're still looking at £17-£18 profit.

I was probably exaggerating ;D My initial bet was low odds and after BF commission I lost at the bookies but gained £25 in the exchange. Then, with the free bet I tried to lay, I cashed out with a small loss of £2 and a bit Then factoring in when I do get to place the flipping bet I'll lose a bit of commission. So yeah, realistically £17-18 profit. I was just being a drama queen and having a bit of a sulk :

Thanks for your help, really is appreciated.

 

[Pbrail]

By the way, not sure I understand your comment about being evens with your initial bet. You should only have a few pounds tops qualifying losses on that, so even if you get £20 back from your free bet you're still looking at £17-£18 profit.

I was probably exaggerating ;D My initial bet was low odds and after BF commission I lost at the bookies but gained £25 in the exchange. Then, with the free bet I tried to lay, I cashed out with a small loss of £2 and a bit Then factoring in when I do get to place the flipping bet I'll lose a bit of commission. So yeah, realistically £17-18 profit. I was just being a drama queen and having a bit of a sulk :

Thanks for your help, really is appreciated.

Aww, sorry, yeah, I'd forgotten too that you'd had to cash out and taken an extra loss on that too. It's a stinker when little things like that nibble away at your profit.

We've all been on the wrong end of something not going quite right though - I'm always sulking, LOL - it's just part of the roller coaster ride, but the highs definitely outpace the lows, it's just a little harder to see that near the beginning. A year from now we'll all be old pro's at this and laughing off the little hiccups along the way

 

[gembaxter25]

Ok so question - I am on Boylesports game section. Wagering through £10 risk free offer but have one and now have £20 so made a £10 profit. Should I carry on playing through my bonus in case I have a big win or just take the money and run?? I never know what I should do!

[member=1]Jon[/member] any thoughts?

 

[Jon]

Ok so question - I am on Boylesports game section. Wagering through £10 risk free offer but have one and now have £20 so made a £10 profit. Should I carry on playing through my bonus in case I have a big win or just take the money and run?? I never know what I should do!

[member=1]Jon[/member] any thoughts?

I always finish an offer once I start it

If you have made £10 and YOU are happy with that then just stop there and withdraw

 

[gembaxter25]

So with this do I just have to wager through £10 to get the £10 back or do I have to have nothing in my balance to get it?? This where I get confused!

 

[Jon]

So with this do I just have to wager through £10 to get the £10 back or do I have to have nothing in my balance to get it?? This where I get confused!

I have no idea what the offer is

If it is Risk free and involves £10 then it probably involves losing ALL £10 for you to get the refund

 

[gembaxter25]

Sorry I should have said yes that is the offer.

I think doubling my money is good enough. When money isn't tight I will take more of a risk xx