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Matched Betting with Profit Squad, Make risk free money at home!


Joe Hawes

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1 hour ago, sexbelowsound said:

Thankfully I'm only using them to do the signup offer. Don't think i'll be going back.

I only use them for the horse races if I have to use betfair as a bookmaker. Betfair do good racing refund offers and I find Betdaq has better odds than Smarkets as an exchange so it's easier to find a closer match

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I still don't get the stake £10 and bet £100. Just simply - is it as I asked: you stake your £10 at the outset and then hope you can play through £100 of bets due to the cash returned to your bank for each and every winning spin?

I tried Thai Flower on Ladbrokes. I staked £10 for max lines and min stakes and just got **** bored with losing a few spins, but then winning 10p/20p/50p here and there. I couldn't track how much I'd played through either so I lost patience and gave up. 

 

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31 minutes ago, Morley_crosses_to_Withe said:

I still don't get the stake £10 and bet £100. Just simply - is it as I asked: you stake your £10 at the outset and then hope you can play through £100 of bets due to the cash returned to your bank for each and every winning spin?

I tried Thai Flower on Ladbrokes. I staked £10 for max lines and min stakes and just got **** bored with losing a few spins, but then winning 10p/20p/50p here and there. I couldn't track how much I'd played through either so I lost patience and gave up. 

 

Ref the first part I'm assuming you're talking about 10x wagering then yes, you keep spinning, winning and losing, hopefully after the wagering is complete you're in profit.

A good idea is to use the auto spins setting, you can set it to do a certain amount of spins and then only stop if you lose or make preset amounts. 

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Yes that is right - but I would like to reiterate please make sure you've covered the training. We don't like people to lose money of course, and 1 of the golden rules of +EV offers (eg. not risk-free) is that you shouldn't start an offer unless you finish it, and are comfortable with the small risk involved. Otherwise you're not using the edge available. If you complete the wagering (you can ask live chat or check your account history) you'll not necessarily be in a profit, but the £20 bonus should top you up into one. 

Another golden rule is to check the Return To Player (RTP) of the slot you're using. That one is 95% RTP but there are many available with higher returns than this, there is a list on the facebook group page. Most good slots are 96-97% RTP making it less risky. I just completed 16,000 spins on a Paddy power offer @ 20p each for a total wagering of £3,200 because they were giving away 10 free spins for every 100 you did with your own money. I finished +£14, and now have 1600 free spins to come (worth £320) so doing offers like these pay off nicely in the long run. Even if I lose £200 doing the spins, I'd still have those £320 of spins to come, with no wagering requirements.

There are plenty of good offers like these available all the time and the more you do, the more chance you have of making the average profit (the EV figure)

Edited by ProfitSquad
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Here's a bit of an update, for anyone who has considered signing up but not done so yet.

 

I signed up around the 22nd of June, and in my first month my profit was roughly £310. (I have a spreadsheet of all my bets, but with the numerous deposits and random figure withdrawals of winnings it ended up being a rough total amount).

 

I've completed all of the 'Beginner' New Customer Offers that I had available. As I was a regular gambler anyway, I already had accounts with Bet365, Paddypower, William Hill, Skybet and Betfair, so I couldn't do their Offers. I've started some of the advanced offers, and will work through those in the next month if my balance is high enough.

 

I'm currently receiving lots of emails from bookies, and I'm actually using a lot of these offers as a regular way to bring in a tiny bit of cash. For example, both Skybet and Betstars do the weekly 'bet £25 in a week and we'll give you a free £5 bet'. I'll get an average qualifying loss on the £25 bet of around £1.50, and then I can turn that weekly £5 free bet into around £3.50. From those two offers, which genuinely takes about 10 minutes to do (after depositing, finding a bet, completing the calculator and placing the bets), I'm getting around £4 profit. It doesn't sound like a lot, but when you do more and more of these offers through a week, it adds up.

 

Tomorrow I'm doing an offer which I did a week or so ago. Boyle Sports do an offer where you place £20 on an outright winner of the US PGA, and they'll give you a £2 free bet for every bogey your player gets. I did it on The Open and made a qualifying loss of about £1.50, and then received a total of £14 in free bets, which I got approx £10 cash from.

 

Anyway, I've rambled a bit here, but I thought I'd let a few people see the general progress I'm seeing.

 

The best thing about profit squad, is that I've basically swapped my usual £5-20 that I used to gamble weekly, for the profit squad method of always being in profit, whether small or big.

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Don't wish to spoil this thread, but i'd be sceptical of paying money for services like "Profit Squad" when you can view all of the same offers on the MoneySavingExpert forum for free. Yes, Profit Squad may spoon-feed you more but all of the same offers are accessible for free, with a little bit more effort on MSE. 

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KJT123 - not ALL of the same offers. And not everything we do involves and offer ;) but you'll have to sign up to find out more about that!

I'm just going to leave this image here, showing some comments from today's racing thread. The figures are for various different races, people were commenting on the most recent race at the time (eg. 1-race wins) and half of these were for races with NO offers and NO extra places. I'd appreciate it if those who signed up could not give too much away on this because we believe we're 1 of the only sites actually working on innovating the risk-free betting scene, and we're the only ones posting about these 'special' races which are locked-in for risk-free cash with our own system and our own spreadsheet. You won't find it on MSE or any other site. 

However, feel free to vouch that the comments are all real and the methods work! Annual subs work out @ £7.50/month and we're working 10-14 hour days to provide top quality support 7 days a week, so we like to believe this money is very well spent and can be made back in 1 day. The value of other services versus a free site is not for us to comment on however.

 

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Edited by ProfitSquad
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I think I've been doing this for a month or so, my account shows me +£324. I've not got into the horses yet and feel like I'm missing out a bit currently with the festival. Its something I need to look into. Still lots of signup offers for casino, bingo and sports to work through too.

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Don't worry Genie there's plenty of racing festivals on throughout the year, and the strategy mentioned above can be used on almost any day of the year, so plenty of time to practice with smaller stakes while you continue to work through the rest of the site, growing your bank :) as you can hopefully see from the facebook group we have some members pulling in incredible wins so the higher you can build your bank, the bigger your wins will be, especially during any of these racing festivals. 

You can find a full list here: http://www.britishhorseracing.com/race-info/fixtures/major-events/

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14 hours ago, KJT123 said:

Don't wish to spoil this thread, but i'd be sceptical of paying money for services like "Profit Squad" when you can view all of the same offers on the MoneySavingExpert forum for free. Yes, Profit Squad may spoon-feed you more but all of the same offers are accessible for free, with a little bit more effort on MSE. 

I was sceptical at first but I did the trial. Once all the offers are complete there are other ways to make profit, they provide much more than that showing you the offers, yes if you have hours each day then you could do it yourself but they provide everything daily and also provide really good advice on horse racing ( my first day on Goodwood and Galway was especially pleasing) . Ben, Joe and Davy are all really great guys and very helpful and will always respond to anything you need, they make it all so simple and quick which is great for me as I work too so I don't have anywhere near enough time to plough through every bookie/casino/bingo offer and I certainly don't have time to trawl through every horse racing card in the morning. I'm not joking when I say signing up with Profit Squad is the best think I have done in ages!

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3 hours ago, Genie said:

I think I've been doing this for a month or so, my account shows me +£324. I've not got into the horses yet and feel like I'm missing out a bit currently with the festival. Its something I need to look into. Still lots of signup offers for casino, bingo and sports to work through too.

Best thing to do IMO opinion with the horses is start off with with very small stakes maybe £5/£10 so you get the hang of it all. Try a couple of low stake racing refund offers at first and then try an extra place race with low stakes so you get the hang of the each way calculator as it can be a little confusing at first but once you get the hang of it then it's fine. Best to try low stakes first as if it goes tits up it's not too costly, then move up to the bigger stakes.

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Great advice KHV couldn't have said it better myself! 

I remember the first time I dabbled with extra places, I understood the logic of it but didn't expect to "hit" one very often at all. But then within 2-3 races I found it easier and easier to get on more horses, so by then I had started covering around 50% of the horses in a race, and I hit my first win for about £120. I was obviously over the moon! And now with the newer method of doing these, it's a sure-fire way to make a profit every time, and it only takes around 30 minutes instead of having to be glued to the computer all day. 

But yes low stakes to begin with. I think KJT was just trying to "save" people money which I totally understand, if I was on the outside looking in I'd probably be doing the same. But the fact is once you're on the inside, there's no turning back (to free services) in my opinion. 

The thing is - like most things in life - if you want to do a job properly, you'll need the right tools. If you were going to trawl the beach for hidden treasures, you can do this using your eyes and your hands, for free... right?
Or you can buy a metal detector.

Which strategy do you think will yield the best results over the year? :) 

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The bingo hasn't been going so well. I won on Foxy bingo, but then lost on Moon bingo and Mecca.

I also lost £20 pretty quickly on Ladbrokes slots. Despite the pay out being 95%~ (if you select them carefully), we all know that slot machines can also easily drain your stakes pretty quickly when they want to. I got caught with a couple of them that were clearly on a 'take' cycle and got no where near playing through £100.

 

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The thing is with slots, you obviously have the possibility to make £hundreds from 1 spin, so in order for that to be true they will of course give you a few cold streaks along the way too. The important thing to remember with the +EV offers is that you need to do lots of them. The more you do, the more chance you have of achieving your true EV figures. You might lose £10 9 times then win £200 on the 10th attempt. 

But this is the very reason we advise you to stick to the SPORTS section first, to build up a nice bankroll. Once you've made a decent profit from risk-free methods, you'll have more confidence to experiment with the +EV offers, and will be able to stomach the small losses a lot better. Everyone needs that 1 nice win before they suddenly start believing in the maths, which is very understandable. So that's why we advise you to avoid the bingo & slots stuff until you've opened all the bookmaker accounts, done some risk-free calendar offers, and the risk-free/no deposit casino offers. 

When you're sat on a 4-figure profit, it's easier to risk a fiver or a tenner here and there, and when you do eventually get a nice big win, it's a very unexpected but welcome feeling that just makes your day! I had a great day on the horses yesterday so I attempted to "give a little back" through the slots as a way of keeping my account healthy / to look like an idiot! But I hit a bonus round and pulled out another £139! You never know when the next win is around the corner - but you can take some confidence from the other members posting on the fb group that the wins are coming in you just need to stick at it long enough to ride the wave of variance!

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It's no bother. I'm only doing it for a bit of fun and as a time killer here and there. I've been gambling for years; I'm used to losses :D

I'm just posting my experiences so far.

I wouldn't advise the slots and bingo to anyone who is massively risk adverse and/or hasn't got the money to lose though. They should definitely stick with sports and build their bank up.

 

Edited by Morley_crosses_to_Withe
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