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Money for uni by matched betting

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    (Original post by chiliman14)
    £10 risk free is now in at WH, link is on the front page. Made a nice £36 on roulette, get on it!
    Promo links still not working for me.
    You only technically made £26 because you used £10 to bet with Do you go for 20-29?
    Will always remember doing the Vegas £5 risk free offers and because it was only £5 thinking should i just lump it on my age instead of £1 on 5 numbers. I did the latter and my age came up twice in a row:mad:

    (Original post by Rizzletastic)
    I've ran out of all sign up offers!

    What do I do?
    Im sure there are still some bookies you have not signed up to. How many have you signed up to?
    You can do reloads, there is a current one at Bwin, £80 free money available until 25th.
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    (Original post by united2000)
    Promo links still not working for me.
    You only technically made £26 because you used £10 to bet with Do you go for 20-29?
    Will always remember doing the Vegas £5 risk free offers and because it was only £5 thinking should i just lump it on my age instead of £1 on 5 numbers. I did the latter and my age came up twice in a row:mad:
    I used to just stick £10 on black or red but now I just spread 10x £1 on the numbers, slightly more return in the long run I would say and its more fun.

    (Original post by Rizzletastic)
    I've ran out of all sign up offers!

    What do I do?
    Teach other people to do it, or just become them for a fee
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    made more than £10k from matched betting & related activities, signing in


    (Original post by chiliman14)
    Teach other people to do it, or just become them for a fee
    lol that's how I know you're a pro



    http://m.newsshopper.co.uk/news/9628...ambling_fraud/ be careful
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    not a really matched bet, but i took advantage of betfair's offer of refunding any bet over £20 for new customers, so i put it on real madrid to win, 6/1...so
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    (Original post by nish81)
    made more than £10k from matched betting & related activities, signing in




    lol that's how I know you're a pro



    http://m.newsshopper.co.uk/news/9628...ambling_fraud/ be careful

    What the other guy was doing wouldnt be fraud, the people he is helping could easily say it was them

    However the guy who got jailed for 3 years, was on another level lol.
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    Great thread, I've recently started to do this myself rather than through fixtheodds. So far so good until today.

    So I signed up for a bookie for the Free bet if lose offer.

    I deposited £50 and placed a bet as you would normally without thinking too much about it but obviously the goal is to lose on purpose right?

    The bet I placed was the Liverpool vs West Brom game later today for liverpool to win, at odds of about 1.4 and 1.43 on betfair.

    I placed my lay stake on betfair for £50 as well. While I won't be getting too much of a loss, unless Liverpool lose I wont get the free bet.

    Is this ok? I mean worst case is I walk away with a loss of about £2-3. Anyway for me to turn this around?
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    (Original post by A-K-J)
    What the other guy was doing wouldnt be fraud, the people he is helping could easily say it was them

    However the guy who got jailed for 3 years, was on another level lol.
    Eh, I've looked into a lot and I do think that it is technically against the law. But there are a load of other factors - it could probably never be proved, police probably aren't interested in pursuing it at all, etc.

    Also, are you actually from Tanzania? I grew up there, whereabouts you from?
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    (Original post by AdLoop)
    Great thread, I've recently started to do this myself rather than through fixtheodds. So far so good until today.

    So I signed up for a bookie for the Free bet if lose offer.

    I deposited £50 and placed a bet as you would normally without thinking too much about it but obviously the goal is to lose on purpose right?

    The bet I placed was the Liverpool vs West Brom game later today for liverpool to win, at odds of about 1.4 and 1.43 on betfair.

    I placed my lay stake on betfair for £50 as well. While I won't be getting too much of a loss, unless Liverpool lose I wont get the free bet.

    Is this ok? I mean worst case is I walk away with a loss of about £2-3. Anyway for me to turn this around?
    You should have used odds between 7-12 for the best return. You should also lay for around half of the free bet so that you win a bit more if the long-shot comes in as you will have to rollover the bonus amount.

    Here's a tutorial: http://www.thegoldtiger.com/tutorials/#23 for if you want to see for any future offers.
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    How do you claim the £10 risk free on WH? I click the link, go to roulette or something, and don't see anywhere to 'activate' it and have £0 in my account anyway.. :/
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    (Original post by nish81)
    Eh, I've looked into a lot and I do think that it is technically against the law. But there are a load of other factors - it could probably never be proved, police probably aren't interested in pursuing it at all, etc.

    Also, are you actually from Tanzania? I grew up there, whereabouts you from?
    Unless your planning on stealing peoples identity with fake passport etc you should be safe


    Im from zanzibar, you?
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    Oo I was doing this years ago, didn't know everyone else was

    This bit is new for me though;

    Arbitrage Betting: This is when you find back odds considerably higher than the lay odds and you place your own money on these odds to make a profit. It is common for arbers to underlay to ensure more profit if the bet wins in the bookmaker. There is big money to be made here, and there are usually plenty of arbs to be found on horse racing for the main UK bookies, and plenty on other events (depending on the bookie) such as football, darts, tennis, golf, formula one etc...

    Am I understanding this right, you bet on both sides of the outcome? Anyone got a real example of this they could talk me though?
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    (Original post by M1011)
    Oo I was doing this years ago, didn't know everyone else was

    This bit is new for me though;

    Arbitrage Betting: This is when you find back odds considerably higher than the lay odds and you place your own money on these odds to make a profit. It is common for arbers to underlay to ensure more profit if the bet wins in the bookmaker. There is big money to be made here, and there are usually plenty of arbs to be found on horse racing for the main UK bookies, and plenty on other events (depending on the bookie) such as football, darts, tennis, golf, formula one etc...

    Am I understanding this right, you bet on both sides of the outcome? Anyone got a real example of this they could talk me though?
    Say Chelsea are at odds 3.00 to win against Barca at a bookies, and on Betfair the lay is at 2.6 with good liquidity; if I placed a stake for £100 and the bookies and £106 at the exchange then I either win £30.40 or 70p if they lose.

    It's all good in theory and odds search sites will find decent ones, the problem comes when the bookie notices you are uploading large amounts in succession (if the bets keep losing there), betting on obscure markets and consistently taking odds which are out of line with the market. Some bookies I've used, such as Victor and Boylesports, haven't tended to notice much, whereas others like Stan James (who I swear purposely set the odds high to catch out the arbers) will limit/close your account.

    You need a fairly large float to make any money from it and its fairly risky too, for example odds could shoot back down to normal and if you've already placed one side of the bet then you'll perhaps have to settle with a small loss.
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    (Original post by M1011)
    Oo I was doing this years ago, didn't know everyone else was

    This bit is new for me though;

    Arbitrage Betting: This is when you find back odds considerably higher than the lay odds and you place your own money on these odds to make a profit. It is common for arbers to underlay to ensure more profit if the bet wins in the bookmaker. There is big money to be made here, and there are usually plenty of arbs to be found on horse racing for the main UK bookies, and plenty on other events (depending on the bookie) such as football, darts, tennis, golf, formula one etc...

    Am I understanding this right, you bet on both sides of the outcome? Anyone got a real example of this they could talk me though?
    Arbitrage is not quite the money spinner you are making it out to be. There is money to be made but a lot of capital is required. Also, you will very quickly get your online accounts gubbed.

    What you describe is the basic concept of an arb. To find these i would advise you use oddsmonkey. I had a quick look today and found a micro arb on the Derby v Peterborough game on saturday. At Stan James Derby to win are priced at 2.3, whereas to lay Derby to win is priced at 2.22 at Betfair. However, this is not sufficient enough to make any real profit. If you put £100 on this and laid for £106 (a liability of £130) you would only make about 70p. That would mean you'd make a 0.3% return on your capital. Not the best return your money can make. . . .
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    (Original post by A-K-J)
    Unless your planning on stealing peoples identity with fake passport etc you should be safe


    Im from zanzibar, you?

    dsm, hehe. do you still live on znz or moved out?
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    What's the best tactic for doing the bet365 offer? Bet the whole £200 qualifier in one go? Or spread it out? Don't want to be stuck in a situation where I have to roll it over numerous times etc, don't have a massive float
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    (Original post by CallumMc)
    What's the best tactic for doing the bet365 offer? Bet the whole £200 qualifier in one go? Or spread it out? Don't want to be stuck in a situation where I have to roll it over numerous times etc, don't have a massive float
    If you have not got the float to cover the offer then dont risk it. if the worse case happens and your bets win at Bet365 your money is going to be in there for months.

    I just looked on Oddsmonkey and put the maximum money on for the best matches.
    One of my qualifiers won though so i had to put on three more 'qualifer' bets to get my money out.
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    What size float would you recommend?
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    (Original post by CallumMc)
    What size float would you recommend?
    The Wagering Requirement is £1200 so you should have that for your float.
    If you go for high odds and it goes wrong though, you will need more than that. I lost a bet at high odds and had to place more bets as i said.

    The minimum odds are 1.5 which is low for a bonus so you could try and bet at minimum odds and underlay but i dont like doing this.

    Remember the £50 mobile offer as well.
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    (Original post by CallumMc)
    What's the best tactic for doing the bet365 offer? Bet the whole £200 qualifier in one go? Or spread it out? Don't want to be stuck in a situation where I have to roll it over numerous times etc, don't have a massive float
    Surely it will be £400 as you get the £200 bonus straight away? They're not 'qualifiers' as such as the offer is SR. Obviously you'd use odds below 2.0 but above the minimum odds (1.3?). However, you definitely need a large float - probably £800 plus - before attempting this.
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    (Original post by gary901)
    Surely it will be £400 as you get the £200 bonus straight away? They're not 'qualifiers' as such as the offer is SR. Obviously you'd use odds below 2.0 but above the minimum odds (1.3?). However, you definitely need a large float - probably £800 plus - before attempting this.
    Right, so let me get this

    I deposit £200

    I then get £200 in free bets

    Should I place 2 seperate £200 bets?

    Or spread it out over smaller bets?

    Thanks

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