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Genie

Matched betting redux

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6 hours ago, Genie said:

 

BTW, I started keeping proper records last September and since then I've made £16,400 profit.

That is fantastic mate. Is it getting harder to do now as the companies get more aware?

 

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1 hour ago, Xela said:

That is fantastic mate. Is it getting harder to do now as the companies get more aware?

 

Not really, theres plenty to go at. I have made that from 1 account. There are people that manage 2,3,4 even 10 accounts making a killing.

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3 minutes ago, Genie said:

Not really, theres plenty to go at. I have made that from 1 account. There are people that manage 2,3,4 even 10 accounts making a killing.

I'm tempted to try and get back into it... any advice on how to start?

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15 minutes ago, Stevo985 said:

I'm tempted to try and get back into it... any advice on how to start?

I'd look at getting a Profit Squad sub, I think they do a monthly one. All the training and videos are on their website but there is also a Discord group. This really is a one stop shop for everything. Really good community and people discuss offers, tips, good ideas, loopholes etc there. Maybe try it for a month or 2 without committing to a full year. Lots of good offers on the weekend just gone for the start of the PL season. Some offers for the Super Cup tomorrow too. If you've not really got many bookie accounts open you can clean up several hundred pounds just opening accounts, doing the new customer offer (risk free) and then not bothering again unless they put an offer up. The site is kept up to date with which offers to do, and how to play then for maximum profit.

 

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1 hour ago, Genie said:

I'd look at getting a Profit Squad sub, I think they do a monthly one. All the training and videos are on their website but there is also a Discord group. This really is a one stop shop for everything. Really good community and people discuss offers, tips, good ideas, loopholes etc there. Maybe try it for a month or 2 without committing to a full year. Lots of good offers on the weekend just gone for the start of the PL season. Some offers for the Super Cup tomorrow too. If you've not really got many bookie accounts open you can clean up several hundred pounds just opening accounts, doing the new customer offer (risk free) and then not bothering again unless they put an offer up. The site is kept up to date with which offers to do, and how to play then for maximum profit.

 

Anyway you can go into some more specifics on the concept of matched betting, particularly using tools such as you describe above? I’m interested, but I don’t like the idea of a monthly subscription... 

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5 minutes ago, Tayls said:

Anyway you can go into some more specifics on the concept of matched betting, particularly using tools such as you describe above? I’m interested, but I don’t like the idea of a monthly subscription... 

I think the monthly sub is £10 or £15 and you can cancel at any time (I think).

Its something like £120 I think for a year.

It's very difficult to explain here. There are a lot of different strategies and ways to profit from bookmakers and casinos. The basic concept of matched betting is backing a team at the bookmaker and then "laying" that same team at an exchange like betfair. This means you've covered both eventualities of the game, one bet will win and 1 will lose. The reason you'd do this is if for example the bookmaker had a promo of bet "x" on the game and get "y" free bet or cash or other incentive. Pretty much all bookmakers will have a new customer offer along those lines. Then they will have promos at weekends and on major events. This is just 1 of many strategies. Its not for everyone.

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9 hours ago, Genie said:

Me and a few others on here who are still part of the matched betting scene I guess have a "side hustle" (I hate the term too).

I guess this is as close to a hustle as its going to get, playing bookies and casinos as their own game.

BTW, I started keeping proper records last September and since then I've made £16,400 profit.

Great going mate. I don't have as much time now due to a FT job, I make on average about £500 per month still though

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8 minutes ago, KHV said:

Great going mate. I don't have as much time now due to a FT job, I make on average about £500 per month still though

It's a great side hustle 😉 isn't it, can easily cover payments on a car or a holiday without touching your main income.

 

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If anyone is interested I can see if there's a introductory scheme they might do for people to have a look around. Think when I joined they did £1 or £5 for the first month.

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50 minutes ago, Genie said:

It's a great side hustle 😉 isn't it, can easily cover payments on a car or a holiday without touching your main income.

 

Certainly makes life easier!

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20 hours ago, Genie said:

Me and a few others on here who are still part of the matched betting scene I guess have a "side hustle" (I hate the term too).

I guess this is as close to a hustle as its going to get, playing bookies and casinos as their own game.

BTW, I started keeping proper records last September and since then I've made £16,400 profit.

No Icy Wilds screenshot?  I am disappoint 😆

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I really want to start with this as even if I do it conservatively, it would significantly boost my finances (Polish salary :( )

However, I'm worried, I can't really afford to lose money on it. Can someone alleviate my fears and talk me through it?

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8 minutes ago, StefanAVFC said:

I really want to start with this as even if I do it conservatively, it would significantly boost my finances (Polish salary :( )

However, I'm worried, I can't really afford to lose money on it. Can someone alleviate my fears and talk me through it?

If you start with the sports side of things then its quite hard to lose money. You'll be placing back and lay bets knowing exactly what the qualify loss will be (say £1 a time). Then if the trigger for the promo comes in you'll be quids in. If you don't have many bookie accounts you'll hoover up hundreds doing their new customer offers. The new customer offers are usually a sure thing. Bet X get a free bet of X. You can usually expect to getabout 80% of X without any risk.

Example of an ongoing offer, Tonight Will Hill have a golden goal promo, if the team you back score first they pay it out as a winner regardless of final score. You could back and lay one of the sides for something like a £1-2 loss. If that side score first but fail to win then you'll win both the back and the lay bet = £££. They did it on the Charity shield final and I made a good chunk by backing Man City. WH paid them out as winners because they scored first. The lay bet (Man City not to win) also won as it was a draw at FT.

There will probably be other "bet and get" type offers on tonight's game that I'll be looking into later.

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2 minutes ago, Genie said:

If you start with the sports side of things then its quite hard to lose money. You'll be placing back and lay bets knowing exactly what the qualify loss will be (say £1 a time). Then if the trigger for the promo comes in you'll be quids in. If you don't have many bookie accounts you'll hoover up hundreds doing their new customer offers. The new customer offers are usually a sure thing. Bet X get a free bet of X. You can usually expect to getabout 80% of X without any risk.

Example of an ongoing offer, Tonight Will Hill have a golden goal promo, if the team you back score first they pay it out as a winner regardless of final score. You could back and lay one of the sides for something like a £1-2 loss. If that side score first but fail to win then you'll win both the back and the lay bet = £££. They did it on the Charity shield final and I made a good chunk by backing Man City. WH paid them out as winners because they scored first. The lay bet (Man City not to win) also won as it was a draw at FT.

There will probably be other "bet and get" type offers on tonight's game that I'll be looking into later.

I have zero bookie accounts :)  I'm super tempted but have my reservations. Might start with the 14 day trial for this weekend's games.

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6 minutes ago, StefanAVFC said:

I have zero bookie accounts :)  I'm super tempted but have my reservations. Might start with the 14 day trial for this weekend's games.

I was in your boat when Profit Squad had a thread on here about 3 years ago.  Had a go at it and made over a grand just doing the bookie start-up bets.  The only occasions I lost money was if I did it wrong, but even then it was a couple of quid here and there.

The profit comes, at that stage from the free bets.  You match / lay the opening offer so you end up with either a profit or a free bet.  If it's the latter you match / lay the free bet and you're guaranteed a profit.

It was time consuming but the geek in me enjoyed it - spreadsheets, the lot.

The only "warning" I'd give people would be if you're applying for a mortgage in the next few months, maybe set up another bank account to use for this (Monzo or Starling or something) so that you haven't got lots of bookie activity on your statements.

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14 minutes ago, StefanAVFC said:

I have zero bookie accounts :)  I'm super tempted but have my reservations. Might start with the 14 day trial for this weekend's games.

There's a good training area with step by step videos for absolute novices.

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Over the years I have accounts with loads of bookies.

Can you just use a new email address to sign up to new accounts or are their legal issues?

 

I have a monzo account so could always use that

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41 minutes ago, Stevo985 said:

Over the years I have accounts with loads of bookies.

Can you just use a new email address to sign up to new accounts or are their legal issues?

 

I have a monzo account so could always use that

I accidentally opened a couple of duplicate accounts from very old ones I'd forgotten I had without issues. With a different email and registered home address I expect it would likely going unnoticed. There is a risk they may cotton on and withhold any winnings though.

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7 minutes ago, Genie said:

I accidentally opened a couple of duplicate accounts from very old ones I'd forgotten I had without issues. With a different email and registered home address I expect it would likely going unnoticed. There is a risk they may cotton on and withhold any winnings though.

I've got a new address since I set them up plus different bank account if I use Monzo so I think I'll go for it.

Not trying to do anything dodgy, just easier to start from scratch rather than try to remember which sites I do/don't have accounts with.

 

I'll do some research

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