[fishpond]

If it is the freebet you are using at Sky the odds you have are far too low really to make any profit. If you put the £10 freebet on a ten to one shot it will win you £100. If you then lay it for £7 at ten to one as well you have £70 of risk. So if it is a win then you make £30 profit over both bets. If it is a loss you just win £7 at betfair and lose the freebet.

That sort of thing anyway is best because if you think about it betting at odds of 2 will only ever win a tenner even before you lay it so you are never going to get far like that.

[robotwars]

if i place a lay bet of £50 at odds of 4, my lay risk liability is £150 and if i win the bet, i will win £200.

1.how much of that £200 is profit? 2.if i lose the bet, do i lose £150?

[fishpond]

If the event does happen you lose £150. If it does not happen you win £50. I found it easier to view it as things happening and not happening rather than win and lose as you win bets when the bets actually lose which is what causes a lot of the initial confusion.

I found it easier to just make sure that no matter what happens I am winning more than I lose at each place I have bet. It took an hour or two watching the guides and reading up on it and I did already have a good idea how to bet and exchanges work. It aint rocket science, but it did take a little time to click. I am past £500 profit now and still going strong.

[bkeevin]

(Original post by obbsidian)
Can anyone link me to a page (or just explain) how best to go about using a ''no risk'' bet like at betdaq.

You just deposit £30 and if you lose they give you your £30 back. I dont fully understand the T&C's either, is the key thing just to bet on odds of 2.0 or greater?

So for a 'No risk bet' like the Betdaq one, the key is to treat your qualifier like an SNR freebet, so you would use 7.0+ odds and that will enable you win either ways. This means you would have underlayed at betfair for around £24-26 if 7.0+ odds is used.

Don't forget to put the bonus code ALLBDQ04 when you register there!!!

[obbsidian]

(Original post by bkeevin)
So for a 'No risk bet' like the Betdaq one, the key is to treat your qualifier like an SNR freebet, so you would use 7.0+ odds and that will enable you win either ways. This means you would have underlayed at betfair for around £24-26 if 7.0+ odds is used.

Don't forget to put the bonus code ALLBDQ04 when you register there!!!

How do I win if I win at betdaq? Surely then I will make a pile at betdaq and lose a pile at betfair?

[bkeevin]

(Original post by obbsidian)
How do I win if I win at betdaq? Surely then I will make a pile at betdaq and lose a pile at betfair?

So let's take the simple example that you place a bet at Betdaq £30 at 7.0 odds and lay the same result for £25 at 7.0 odds at betfair. A win at Betdaq will give you 210 less commission less your lay £150 at betfair( 210-6.3-150)=53.7
So your profit here is 53.7-30(your stake returned)=£23.7

A £30 bet at 10.0 win at Betdaq and laying £25 at 10.0 odds will give the profit of (300-9-225-30)=£36
But you will very likely win your stake back from Betfair and cashback from Betdaq.

Your profit increases if you go for higher odds. I hope that was clear!

[Perseverance]

Quick question here, how much money can I realistically make between the end of July and the end of September (so say a 2 month period) through matched betting? I plan to do offers manually rather than using automated sites such as FTO?

[bkeevin]

(Original post by Perseverance)
Quick question here, how much money can I realistically make between the end of July and the end of September (so say a 2 month period) through matched betting? I plan to do offers manually rather than using automated sites such as FTO?

It will depend on the time you are willing to invest as well as your float(starting capital). I would say you can probably make £1000-2000 over that perod if you were to start with £300-500 provided you do proper research(mse forums) and don't waste good offers.

Good idea doing it manually. Do not start with the likes Paddy, Ladbrokes,corals,B365,boylesport etc yet as they will have bigger offers like £100+ that you can only tackle with a bigger float at the start of the premiership or champion's league.

[Movember]

(Original post by bkeevin)
It will depend on the time you are willing to invest as well as your float(starting capital). I would say you can probably make £1000-2000 over that perod if you were to start with £300-500 provided you do proper research(mse forums) and don't waste good offers.

Good idea doing it manually. Do not start with the likes Paddy, Ladbrokes,corals,B365,boylesport etc yet as they will have bigger offers like £100+ that you can only tackle with a bigger float at the start of the premiership or champion's league.

how comes on the MSE forums they said that someone has made about £70,000 in 5 or 6 years from matched betting but here people say that you can only make a fraction of that- £2000 or less?

[Perseverance]

(Original post by bkeevin)
It will depend on the time you are willing to invest as well as your float(starting capital). I would say you can probably make £1000-2000 over that perod if you were to start with £300-500 provided you do proper research(mse forums) and don't waste good offers.

Good idea doing it manually. Do not start with the likes Paddy, Ladbrokes,corals,B365,boylesport etc yet as they will have bigger offers like £100+ that you can only tackle with a bigger float at the start of the premiership or champion's league.

Thanks, that float is fine and I have lots of time I guess I'll spend a few days looking over those forums and see which offers are best to choose

[bkeevin]

(Original post by Movember)
how comes on the MSE forums they said that someone has made about £70,000 in 5 or 6 years from matched betting but here people say that you can only make a fraction of that- £2000 or less?

Well I was just giving him a realistic figure where you won't spend too much time since he asked how much he could make in 2 months. He could easily make £5K-10K in 2months if time/float is not a problem and he is not risk averse.

The guy on mse known as Donglemouse made about £12 000 during his first year and about the same every year after. He was said to be an accountant and was very methodological and never missed a single offer, arbed alot and signed up to over 300 bookies. You should not expect to make as much as he did because we now have less bookies and less offers than before the 2007-08 recession and many bookies have wised up and will close your account if they realise your arbing.

[fishpond]

Its kind of like how long is a peice of string as well because it will depend on so many things it is not fixed and the more you do the more you will make, the better the odds you can find the more you will make, the less you lay things that come in, these will all effect the profits. I believe the MSE figure and I also think it would still be possible today.

[Perseverance]

(Original post by bkeevin)
Well I was just giving him a realistic figure where you won't spend too much time since he asked how much he could make in 2 months. He could easily make £5K-10K in 2months if time/float is not a problem and he is not risk averse.

The guy on mse known as Donglemouse made about £12 000 during his first year and about the same every year after. He was said to be an accountant and was very methodological and never missed a single offer, arbed alot and signed up to over 300 bookies. You should not expect to make as much as he did because we now have less bookies and less offers than before the 2007-08 recession and many bookies have wised up and will close your account if they realise your arbing.

I have a lot of time on my hands over these next two months and float is not too much a problem (depending on how much you mean exactly), is it possible to make such amounts (£5-10k) by simply matched betting? I'm assuming you mean other techniques would be required?

[QwertyG]

How do you need to win to get flagged by bookmakers?

[Tobedotty]

(Original post by Perseverance)
I have a lot of time on my hands over these next two months and float is not too much a problem (depending on how much you mean exactly), is it possible to make such amounts (£5-10k) by simply matched betting? I'm assuming you mean other techniques would be required?

To make £5k from this in 2 months? Even if you use every single trick in the big book of bonus abuse, you'd struggle. Even bringing in arbitrage, you'd still struggle - a lot. I reckon you might be able to get £2k in 2 months, but you'd need to thump every offer available (online and offline) hard and make it a near full-time commitment.

[Tobedotty]

(Original post by QwertyG)
How do you need to win to get flagged by bookmakers?

I'm was limited on B365 after withdrawing £800 immediately after fulfilling turnover requirements.

[QwertyG]

(Original post by Tobedotty)
I'm was limited on B365 after withdrawing £800 immediately after fulfilling turnover requirements.

wtf 800 no way ...

[Movember]

(Original post by bkeevin)
Well I was just giving him a realistic figure where you won't spend too much time since he asked how much he could make in 2 months. He could easily make £5K-10K in 2months if time/float is not a problem and he is not risk averse.

The guy on mse known as Donglemouse made about £12 000 during his first year and about the same every year after. He was said to be an accountant and was very methodological and never missed a single offer, arbed alot and signed up to over 300 bookies. You should not expect to make as much as he did because we now have less bookies and less offers than before the 2007-08 recession and many bookies have wised up and will close your account if they realise your arbing.

oh i see thanks!

(Original post by Tobedotty)
I'm was limited on B365 after withdrawing £800 immediately after fulfilling turnover requirements.

how big was the offer you did on bet365 to withdraw £800?

[Tobedotty]

(Original post by Movember)

how big was the offer you did on bet365 to withdraw £800?

(Original post by QwertyG)
wtf 800 no way ...

I was doing the bet365 £200 free bet offer, I broke it into £50 chunks and did them one at a time, but my luck was the worst and I won on bet365 3 races in a row and had about £1400 in the account :\ I didn't have enough left to cover that in one go so I kept betting £25/50s and covering it on betfair and luckily managed to reach the £1200 turnover requirement and withdraw Was a bit hairy because I was down to my last £200 on betfair at the worst point. All sorted though :P

[Movember]

(Original post by Tobedotty)
I was doing the bet365 £200 free bet offer, I broke it into £50 chunks and did them one at a time, but my luck was the worst and I won on bet365 3 races in a row and had about £1400 in the account :\ I didn't have enough left to cover that in one go so I kept betting £25/50s and covering it on betfair and luckily managed to reach the £1200 turnover requirement and withdraw Was a bit hairy because I was down to my last £200 on betfair at the worst point. All sorted though :P

i thought you meant £800 profit gj on completing that offer!