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

[mabozza]

Apologies... had never used it just seen it mentioned in various places.

 

[askgar]

Apologies... had never used it just seen it mentioned in various places.

Sorry, was less targeted at you and more at preventing [member=2823]katbythesea[/member] from looking into it and losing lots of money, I just realised how the message came across.

Edit: and updated my initial post to be less confrontational, sorry for how it came across.

 

[greenovergrown]

Hi, I'm new to this forum and matched betting itself, and first thank you guys for the guide and insight, it's been really helpful in getting set up
I'd also like to ask if there's any email list or regularly updated collection somewhere of free bet offers for existing users as that would be a great asset instead of me just lurking on the few sites I know all the time ^_^

 

[cofito]

Had an email saying wincashlive has gone into administration... only placed a couple of bets through them, think I had £8 in the account, guess wont see it now!!!

 

[Cclaire]

Damn, tried to get on their site yesterday to bet the 20 I had in there but couldn't - now I know why!

 

[katbythesea]

Had an email saying wincashlive has gone into administration... only placed a couple of bets through them, think I had £8 in the account, guess wont see it now!!!

Bother - had £30 with them - ah well

 

[MuckleMaker]

Had an email saying wincashlive has gone into administration... only placed a couple of bets through them, think I had £8 in the account, guess wont see it now!!!

Bother - had £30 with them - ah well

I don't have any money with them but I thought there was some protection so your money was safe?

 

[Jon]

Hi, I'm new to this forum and matched betting itself, and first thank you guys for the guide and insight, it's been really helpful in getting set up
I'd also like to ask if there's any email list or regularly updated collection somewhere of free bet offers for existing users as that would be a great asset instead of me just lurking on the few sites I know all the time ^_^

Just use profit accumulator

The reload list on there updates daily [member=4040]greenovergrown[/member]

 

[katbythesea]

[member=2823]katbythesea[/member] I think there is a system called the martingale system for roulette.. Google it

Don't use the martingale system, it can very easily get out of hand and cause you to lose money (explanation here http://www.roulettestrategy.net/scams/martingale-system/)

The best way to handle roulette is pick red or black, £1 spins and just keep doing it, preferably on a speed roulette.

If you have a big WR to clear then maybe increase the stakes but don't touch martingale.

Thank you - Roulette is SOOOO boring - even speed roulette!

 

[Cclaire]

Had an email saying wincashlive has gone into administration... only placed a couple of bets through them, think I had £8 in the account, guess wont see it now!!!

Bother - had £30 with them - ah well

I don't have any money with them but I thought there was some protection so your money was safe?

The email is a bit iffy on that and I'm not holding my breathe....for info from the email:

WHAT WILL HAPPEN TO MY MONEY?
Under the Company’s terms and conditions, Customer funds were afforded Basic protection. As such, while Customer funds were kept in a separate bank account, the normal position is that in the event of insolvency they form part of the assets of the business and are therefore available to all creditors (not just customers). However, we are currently seeking legal advice to confirm this position.

 

[Checky]

Had an email saying wincashlive has gone into administration... only placed a couple of bets through them, think I had £8 in the account, guess wont see it now!!!

Bother - had £30 with them - ah well

I don't have any money with them but I thought there was some protection so your money was safe?

The email is a bit iffy on that and I'm not holding my breathe....for info from the email:

WHAT WILL HAPPEN TO MY MONEY?
Under the Company’s terms and conditions, Customer funds were afforded Basic protection. As such, while Customer funds were kept in a separate bank account, the normal position is that in the event of insolvency they form part of the assets of the business and are therefore available to all creditors (not just customers). However, we are currently seeking legal advice to confirm this position.

Its likely that customers will end up with pennies for each pound they have stuck in there...

I dare say you will also end up needing to add yourself to the creditors listen when they go through the insolvency to make sure you get something...

 

[Divebod]

Have received an email from the administrators saying that 'customer money' is held in separate bank accounts but 'forms part of the company assets'. They are seeking legal advice regarding this. Kind of implies customers become unsecured creditors and will receive pennies in the pound, if any, in due course... All up in the air, so just have to wait. Have £25 there myself...

Those with outstanding bets need to look at the associated lay bets.

 

[Flexit]

Think I had around 50-60 in there! Bit gutting.

 

[Blackpepper1]

Think I had around 50-60 in there! Bit gutting.

Oh no!
Hope you get it back.

 

[askgar]

[member=2823]katbythesea[/member] I think there is a system called the martingale system for roulette.. Google it

Don't use the martingale system, it can very easily get out of hand and cause you to lose money (explanation here http://www.roulettestrategy.net/scams/martingale-system/)

The best way to handle roulette is pick red or black, £1 spins and just keep doing it, preferably on a speed roulette.

If you have a big WR to clear then maybe increase the stakes but don't touch martingale.

Thank you - Roulette is SOOOO boring - even speed roulette!

Yeah, at least the speed one generally gives you an instant results, rather than having to watch the ball go round despite the result being predetermined.

 

[mabozza]

Had an email saying wincashlive has gone into administration... only placed a couple of bets through them, think I had £8 in the account, guess wont see it now!!!

I got an email from them about a month ago ( I did post here the deal).. I can't find it now, but am sure all funds etc (Of which I had none) were being transferred to another bookie of which I cant remember... but it was mentioned in some posts in TMS ...worth a look to see if your funds got transferred

 

[Jon]

What offers are we all doing tonight then apart from b365

 

[katbythesea]

What offers are we all doing tonight then apart from b365

Coral offer if I can ever find a close enough match on the correct score market & the Paddy Power offer

 

[Uhhhhh]

First day of July and I'm back on the horse!

Going to have to give bet365 a miss as I won't be at home, buuuuut I'm reading to hammer the horses tomorrow ;D

I'm loving the daily blog on Oddsmonkey, I think I'm going to do the same...if I aim for £20 a day then that's £620 a month which would be amazing.

 

[Jon]

Ah yes

Saturday horses

Nothing is better!!!