Any matched bettor's on the forum?

[Killiehibbie]

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I dont understand what step 3 means.

• Place a qualifying bet with a bookmaker and lay the bet at one of the betting exchanges

what does place a qualifying bet and a lay bet mean

The qualifying bet is your first bet with the bookie and where you have to be careful is to make sure your bet is placed at or above any minimum odds they might have in the T's&C's, e.g. it might have to be evens or above. The outcome of your qualifying bet is then laid on Betfair, meaning one bet wins and one loses releasing free bet from bookie to do the same again creating your profit. It all sounds very complicated but once you understand it it's simple.

[lord bunberry]

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What about the Lay money on Fed? That's cash is it not ?

It is, but you're getting pretty much all of you're original stake back, either from the back bet or the lay bet. In the scenario that the poster mentioned his actual cash outlay would be £20 if he waited for all the original bets to be settled. The reality is though you want to have as much money in your exchange account as possible in order to lay your bets at bigger odds and maximise your profit.

[sleeping giant]

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It is, but you're getting pretty much all of you're original stake back, either from the back bet or the lay bet. In the scenario that the poster mentioned his actual cash outlay would be £20 if he waited for all the original bets to be settled. The reality is though you want to have as much money in your exchange account as possible in order to lay your bets at bigger odds and maximise your profit.

Cheers for trying to explain but in the example we are talking about , he has spent 2 x £5 and 1 x £20 in cash and used 1 x £20 free bet.
That's £30 cash spent :

[lord bunberry]

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Cheers for trying to explain but in the example we are talking about , he has spent 2 x £5 and 1 x £20 in cash and used 1 x £20 free bet.
That's £30 cash spent :

It is but the 2x£5 bet results in a £10 return, remember although you are placing bets you're not actually gambling as you've got both outcomes covered.

[.Sean.]

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Anybody on here in to the matched betting? Been doing it myself for a couple of months now and making some good cash from it, it's an improvement on getting rammed from the bookies every weekend anyway.

I only got in to it because of a guy I speak to at the games told me about a hibby he knows who's made over £30k from it this year already. The boy writes about it on his site every month with how much he has made from it and that so I thought I'd give it a bash. Done just over £750 myself from it last month which I was delighted with, the cash is all tax free as well. Could probably make more but not had enough time, going to hit it hard in run up to christmas when off the work and see if I can make more.

Here's the boy's site that explains how it all works and that if you've never heard of it before, it can be tricky to understand at first but once you've done the first couple of offers it's a doddle: http://www.jamie-anderson.com/profit...ulator-review/

You signed up to that as a platinum member mate?

[Pete]

I couldn't find any free bets where the stake was returned and I worked out that I would be making a loss either way when it came to the second bet/lay.

Ach, I give up

[seanshow]

Those who are gamblers (which I am not one) are probably tearing their hair out trying to explain this match betting thing to greenhorns like me.
But it intrigued me to check out what was going on, I understand it in principal..almost.

Those in the know feel free to correct my calculations, and explain where I am going wrong.

• Player Bet £10 @ 3/1 = £40
• Player Bet £10 @ 1/3 = £13.33 <<<Result
• Stake so far £20 returned £13.333333
• Lost £6.67
• *Free Bet* £20 @ 3/1 = £80
• Player Bet £20 @ 1/3 = £26.66666 <<Result
• Profit £6.66
• Total Stake £40
• Total Return £40

[lord bunberry]

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Those who are gamblers (which I am not one) are probably tearing their hair out trying to explain this match betting thing to greenhorns like me.
But it intrigued me to check out what was going on, I understand it in principal..almost.

Those in the know feel free to correct my calculations, and explain where I am going wrong.

• Player Bet £10 @ 3/1 = £40
• Player Bet £10 @ 1/3 = £13.33 <<<Result
• Stake so far £20 returned £13.333333
• Lost £6.67
• *Free Bet* £20 @ 3/1 = £80
• Player Bet £20 @ 1/3 = £26.66666 <<Result
• Profit £6.66
• Total Stake £40
• Total Return £40

I doesn't work like that, if you back something at 3/1 you would have to spend much more than your original stake to lay it off. The odds aren't reversed for your lay bet. Your original bet would be on as short odds as possible, for example you back at even money and lay at even money you end up with the same possible winnings on your back bet as your lay bet for the same stake. If you back at £10 at 3/1 it would cost you £30 to lay it off at that price, you would still end up with the same outcome but it would cost you more to do it. When you get your free bet you're doing the same thing again but you're not paying for the back bet. The trick is finding the small differences in odds between the bookies and the exchanges.

[CB_NO3]

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You signed up to that as a platinum member mate?

I have indeed.

[seanshow]

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I doesn't work like that, if you back something at 3/1 you would have to spend much more than your original stake to lay it off. The odds aren't reversed for your lay bet. Your original bet would be on as short odds as possible, for example you back at even money and lay at even money you end up with the same possible winnings on your back bet as your lay bet for the same stake. If you back at £10 at 3/1 it would cost you £30 to lay it off at that price, you would still end up with the same outcome but it would cost you more to do it. When you get your free bet you're doing the same thing again but you're not paying for the back bet. The trick is finding the small differences in odds between the bookies and the exchanges.

Right cheers, so you are looking for almost a toin coss 1/1 odds on all bets.

[Just_Jimmy]

Does it ACTUALLY work? I'm of the cynical nature and think if it sounds too good to be true it usually is...

what happens when the sign ups dry up? once you have an account with most of the bookies surely you're done?

what can you really make? a month? a year?

[CB_NO3]

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Does it ACTUALLY work? I'm of the cynical nature and think if it sounds too good to be true it usually is...

what happens when the sign ups dry up? once you have an account with most of the bookies surely you're done?

what can you really make? a month? a year?

Course it works. Do some research. There is articles in The Guardian, Telegraph talking about it. There is plenty of bookies that you have never heard about that give excellent offers. The trick is to keep building the cash up and don't be tempted to withdraw, that means you can do lots of offers at once and make more cash. The reason you need to sign up to the profit acca site is they email you about £150 worth of reload offers every week, plus they have the calculation software that you need to work out what to lay. They also have a list of all the bookies and all the offers.

If there is a big event on like the Rugby World Cup, Cheltenham or Football World Cup then there are more offers. There is class bookies like 888 who give amazing promos on a weekly basis. There is also amazing casino offers where there is big cash but I am not going to lie, that's to advanced for me yet. Spending 10-15 minutes a night can make you £500 a month I reckon and that's after the main offers are complete. There is folk that make up to 2k a month but they are up all day doing it.

[Just_Jimmy]

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Course it works. Do some research. There is articles in The Guardian, Telegraph talking about it. There is plenty of bookies that you have never heard about that give excellent offers. The trick is to keep building the cash up and don't be tempted to withdraw, that means you can do lots of offers at once and make more cash. The reason you need to sign up to the profit acca site is they email you about £150 worth of reload offers every week, plus they have the calculation software that you need to work out what to lay. They also have a list of all the bookies and all the offers.

If there is a big event on like the Rugby World Cup, Cheltenham or Football World Cup then there are more offers. There is class bookies like 888 who give amazing promos on a weekly basis. There is also amazing casino offers where there is big cash but I am not going to lie, that's to advanced for me yet. Spending 10-15 minutes a night can make you £500 a month I reckon and that's after the main offers are complete. There is folk that make up to 2k a month but they are up all day doing it.

So really my cynical nature towards the talk of it being easy to make really big money is fair? I mean £500 a month is good, but it's not what they really advertise. I've been looking into it already and it's clearly worth a shot so we'll see how it goes.

thanks for the reply!

[CB_NO3]

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So really my cynical nature towards the talk of it being easy to make really big money is fair? I mean £500 a month is good, but it's not what they really advertise. I've been looking into it already and it's clearly worth a shot so we'll see how it goes.

thanks for the reply!

I personally wouldn't quit my job to do it but lots have, but if your looking for an easy £500 a month on top of your current wage then go for it.

[Squealing pig]

Seriously considering this too went to start free trial but says my password was weak and even typing mumbo jumbo was still weak maybe just want me to sign up I guess . The one in op I tried

[Squealing pig]

Just out of interest when u say 500 a month is it scattered between different bookies or all in one Place ?

[Godsahibby]

I am not going to lie, it is not easy money. It does take time and effort. The results, if you put in the time are definitely worthwhile. You do need to get an understanding of it first and take your time. Losses only happen if you make a mistake!!

The more time you put in, the bigger the returns. I have made about £250 this weekend from about 4 hours work. Some was through a slots win which was a sign up bonus.

Treat it like a part time job doing an hour a day or a few hours a week and it will pay out like one. The more you put in the more you get out. The longer you do it the better you understand it and quicker you can do the offers.

[Godsahibby]

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Just out of interest when u say 500 a month is it scattered between different bookies or all in one Place ?

Different bookies and exchanges, depends on who is offering what sign ups and bonuses.

[CB_NO3]

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Just out of interest when u say 500 a month is it scattered between different bookies or all in one Place ?

Scattered between different bookies but when I win from a bookie I transfer my money into my betfair (laying) account.

[Squealing pig]

I get it now and starting tomorrow

[magnificent_seven]

I have been matched betting since March and made just over £9.5k. Best decision I have ever made. Closest thing to printing money.

[Tobias Funke]

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FFS man - you've not spent £30 - your outlay is only £10.

If you can't figure that out I wouldn't bother.

I was enjoying reading this thread till I saw your response to Hibee87. No need for the aggressive, condescending tone. He is only enquiring.

[sleeping giant]

I thought sign up offers were only for new customers.
I assume if you already have a card registered with them that you wouldn't be able to use that card in a "new" account ?

How do you get round that ?

Apologies for not researching this .
I can't see me taking it up as I have trouble switching energy suppliers never mind this :

[CallumLaidlaw]

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I thought sign up offers were only for new customers.
I assume if you already have a card registered with them that you wouldn't be able to use that card in a "new" account ?

How do you get round that ?

Apologies for not researching this .
I can't see me taking it up as I have trouble switching energy suppliers never mind this :

As i said earlier, my wife has all of a sudden taken a keen interest in online betting

I started last thursday, have worked through 9 offers and have around £130 profit. Once you've used all the sign up offers, its about using the Daily/reload offers. For example - theres a Paddy power champions league offer tonight. Bet £20 on the match and get a free £10 inplay bet. Lay both bets to make a small profit of £6-£7.

[Fishwicke]

Good luck to anyone trying these schemes. But always wonder why someone making £thousands and thousands would want to share their system and charge people to join their site, in this case for a stated measly £22.99 a month, I'll just plod on with my own system.

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Anybody on here in to the matched betting? Been doing it myself for a couple of months now and making some good cash from it, it's an improvement on getting rammed from the bookies every weekend

I only got in to it because of a guy I speak to at the games told me about a hibby he knows who's made over £30k from it this year already. The boy writes about it on his site every month with how much he has made from it and that so I thought I'd give it a bash. Done just over £750 myself from it last month which I was delighted with, the cash is all tax free as well. Could probably make more but not had enough time, going to hit it hard in run up to christmas when off the work and see if I can make more.

Here's the boy's site that explains how it all works and that if you've never heard of it before, it can be tricky to understand at first but once you've done the first couple of offers it's a doddle: http://www.jamie-anderson.com/profit...ulator-review/

[Godsahibby]

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Good luck to anyone trying these schemes. But always wonder why someone making £thousands and thousands would want to share their system and charge people to join their site, in this case for a stated measly £22.99 a month, I'll just plod on with my own system.

Possibly because the system works, and is proven to work. And this someone and his team work to make sure those who do sign up make money meaning they continue to use the website.

Members can easily make upwards of £500 a month (and a lot make easily upwards of £1000+) and are quite happy to pay the measly £22.99 for the pleasure. Because of this the site can make upwards of £200k a month. Win win.

[Killiehibbie]

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Good luck to anyone trying these schemes. But always wonder why someone making £thousands and thousands would want to share their system and charge people to join their site, in this case for a stated measly £22.99 a month, I'll just plod on with my own system.

A reason for sharing this info is to take money back off the bookies as they are very quick to ban or severely restrict anybody who has the audacity to make a profit from them in the normal way and only want degenerate losers betting with them.

[CB_NO3]

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Good luck to anyone trying these schemes. But always wonder why someone making £thousands and thousands would want to share their system and charge people to join their site, in this case for a stated measly £22.99 a month, I'll just plod on with my own system.

Care to share your system? This is a tried and tested way of making cash and I thought I would share with a few Hibs fans

[Fishwicke]

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Possibly because the system works, and is proven to work. And this someone and his team work to make sure those who do sign up make money meaning they continue to use the website.

Members can easily make upwards of £500 a month (and a lot make easily upwards of £1000+) and are quite happy to pay the measly £22.99 for the pleasure. Because of this the site can make upwards of £200k a month. Win win.

If understanding and applying the system works, why would a punter need to pay and contribute monthly to a website,
and why would anyone go to the bother of running a site if making money on the system was that easy..
I have no doubt that these sites makes money,
I'm always glad to see anyone take money from the bookie and as I said good luck to anyone trying these website systems.

[lord bunberry]

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If understanding and applying the system works, why would a punter need to pay and contribute monthly to a website,
and why would anyone go to the bother of running a site if making money on the system was that easy..
I have no doubt that these sites makes money,
I'm always glad to see anyone take money from the bookie and as I said good luck to anyone trying these website systems.

The reason for subscribing to these things is not to gain knowledge of how it works as that is pretty obvious. You subscribe to gain access to the software that makes it much much simpler. They list all the offers, they then give you the match bets and provide you with a bet calculator to work out your stake. To try and do it without subscribing would be very time consuming.