[Tobedotty]

(Original post by Movember)
i thought you meant £800 profit gj on completing that offer!

sadly not, but it shows that they pick up on bonus abuse pretty easily.

[bkeevin]

(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?

After doing the easier European/UK bonuses where you get the easier £1500-3000. You may have to go for riskier Asian,Aussie and Central American bookies like Betcris, legends, thegreek,mansion etc where you would have to deposit up to $2500 to get the full (20-30%) $500 bonus and atimes you may have to wait for 1month after deposit before you can withdraw!!!

[redmel1621]

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

Do you think this was because you withdrew straight away, i wonder if it would have happened if you had left it a few weeks?

I am just trying to work out how quickly I will get money 'back out' once I start doing this

[Tobedotty]

(Original post by redmel1621)
Do you think this was because you withdrew straight away, i wonder if it would have happened if you had left it a few weeks?

I am just trying to work out how quickly I will get money 'back out' once I start doing this

They let me withdraw, I didn't have an issue with that, but I wanted to get the money out!! B365 is actually one you want to keep alive if you can though, they have decent offers all the time (like the channel 4 races one)

[DeffoBets]

(Original post by Tobedotty)
They let me withdraw, I didn't have an issue with that, but I wanted to get the money out!! B365 is actually one you want to keep alive if you can though, they have decent offers all the time (like the channel 4 races one)

In the gaming industry, bet365 have been given the nickname bet£3.65 because of their tendancies to limit customers who win money off of them.

If you lose money - they'll not limit you. If you can, try to place bets where you're more likely to lose at bet365 and lose at Betfair.

[tk1993]

What's the minimum amount you have to have in your bank account to start doing this?

[redmel1621]

(Original post by DeffoBets)
In the gaming industry, bet365 have been given the nickname bet£3.65 because of their tendancies to limit customers who win money off of them.

If you lose money - they'll not limit you. If you can, try to place bets where you're more likely to lose at bet365 and lose at Betfair.

*i am guessing you mean win at betfair

Once you have been capped, does this ever get lifted or is that it, game over with them?

I am so earger to get started but have no money atm, and am likely to be very short over the summer holidays too I am trying to think if I can sell anything to raise a starting float

[fishpond]

(Original post by redmel1621)
I am so earger to get started but have no money atm, and am likely to be very short over the summer holidays too I am trying to think if I can sell anything to raise a starting float

Save up £100 any way you can. For the next few times you are going somewhere by bus walk it instead. For the next few nights out, just dont go watch TV at home. Put £20 away in a tin. For the next few shops buy own brand ketchup not Heinz and bank the £1. Just absolutely any way possible hold back on £100 of spending then put it safely into a Skrill account.

Once it is in there that is your float and you will never have to deposit again you can swish it around the bookmakers slowly at first as I should imagine getting to £500 will be doing one at a time and small £10 offers to start but once you are at £500 you can take out your £100 you put in and still have £400 to play with and start knocking them off for fun. This was advice I read at the start and it is so so true. It will be the best £100 investment you ever make.

[QwertyG]

does anyone have any reviews on williamhill or bwin in terms of limiting and locking accounts

[Tobedotty]

(Original post by DeffoBets)
In the gaming industry, bet365 have been given the nickname bet£3.65 because of their tendancies to limit customers who win money off of them.

If you lose money - they'll not limit you. If you can, try to place bets where you're more likely to lose at bet365 and lose at Betfair.

Yes I know you're supposed to try and lose, thats the plan with every bookmaker, however to cover a £200 free bet at odds of around 8 (so I can maximise profits) requires £1400. I didn't have that sort of cash - so I did several £50s instead. But I won 3 in a row them all at odds of like 8 or 9...

[conflict]

I keep seeing lots of casino offers in bookies i'm signed up to for the matched betting, has anyone successfully found a way to make money out of these ?

[fishpond]

(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?

Someone on MSE has just posted Five Thousand Pounds worth of bonuses, wow!

http://forums.moneysavingexpert.com/...3715693&page=9

I think without arbing you can look to extract 80% of the freebets value on average, and with say a 5% loss on the qualifying bet so 75% Net profit.

£5000 x 0.75 = £3750 waiting to be plucked

[simplemind]

If there's a rule that says I have to bet 10 times or something to be able to withdraw the bonus money, can I just back bets with high odds in the hopes of losing at the bookies? I've read something about underlaying which I don't really understand

[DeffoBets]

(Original post by fishpond)
Someone on MSE has just posted Five Thousand Pounds worth of bonuses, wow!

http://forums.moneysavingexpert.com/...3715693&page=9

I think without arbing you can look to extract 80% of the freebets value on average, and with say a 5% loss on the qualifying bet so 75% Net profit.

£5000 x 0.75 = £3750 waiting to be plucked

I'd be a bit wary of some of them like

Get your money in and out as fast as possible

[DeffoBets]

(Original post by simplemind)
If there's a rule that says I have to bet 10 times or something to be able to withdraw the bonus money, can I just back bets with high odds in the hopes of losing at the bookies? I've read something about underlaying which I don't really understand

Remembering that every time you have to rollover a bet, you'll effectively lose some of your margin; the ideal thing to do is lose at the bookie as quickly as possible (in which case you'd win on Betfair).

[bkeevin]

(Original post by simplemind)
If there's a rule that says I have to bet 10 times or something to be able to withdraw the bonus money, can I just back bets with high odds in the hopes of losing at the bookies? I've read something about underlaying which I don't really understand

Underlaying means reducing your lay bet so that if you win at the bookie you make more profit than winning at Betfair. So when you are matched betting technically it means you will win £20 profit from a freebet whether you win at Betfair or the bookie. When underlaying you may win £17-18 at Betfair or £30-35 profit from winning from the bookie. The extra profit compensates for the additional time and wagering loss you will likely make since you would roll it 10times.

[simplemind]

(Original post by bkeevin)
Underlaying means reducing your lay bet so that if you win at the bookie you make more profit than winning at Betfair. So when you are matched betting technically it means you will win £20 profit from a freebet whether you win at Betfair or the bookie. When underlaying you may win £17-18 at Betfair or £30-35 profit from winning from the bookie. The extra profit compensates for the additional time and wagering loss you will likely make since you would roll it 10times.

But if I'm trying to lose at the bookie and accidentally win, can't I just back another bet with high odds instead of trying to fulfil the requirement?

[Movember]

(Original post by fishpond)
Someone on MSE has just posted Five Thousand Pounds worth of bonuses, wow!

http://forums.moneysavingexpert.com/...3715693&page=9

I think without arbing you can look to extract 80% of the freebets value on average, and with say a 5% loss on the qualifying bet so 75% Net profit.

£5000 x 0.75 = £3750 waiting to be plucked

what does coupon arbitrage mean?

[RyRy93]

I just put my free bet on SkyBet by backing a bet at 4.0 at £10. However, I then went to lay the bet at Betfair and it took £32.00 away from my account rather than the £10 I bet - odds were layed at 4.2. I think this had something to do with the liability/payout thing on Betfair.

Can anyone explain if my bet is now screwed and I've messed this up, and the difference between liability/payout? Thanks.

[Hopple]

(Original post by RyRy93)
I just put my free bet on SkyBet by backing a bet at 4.0 at £10. However, I then went to lay the bet at Betfair and it took £32.00 away from my account rather than the £10 I bet - odds were layed at 4.2. I think this had something to do with the liability/payout thing on Betfair.

Can anyone explain if my bet is now screwed and I've messed this up, and the difference between liability/payout? Thanks.

You're probably okay, Betfair will take away your total liability from your available funds, in this case laying £10 at 4.2 means you stand to lose £32 or gain £10 (less commission), so they stop you from using the £32 you might lose.