Matched Betting

Original post by EpilepticFridgeBoy

Matched betting isnt illegal, but the industry definitely doesn't like anyone doing it. By matched betting your taking the bookies out of line odds to find a good match compared to betfair which gradually loses bookmakers money as if they have higher odds on an event compared to elsewhere they would be paying out more than they should if the event wins. Also most matched betters just take the bonuses, leave and dont come back to create the bookmaker any revenue so you'll just be hit and running them.

So even though some guy some reporter supposedly interviewed said bookmakers like matchedbetters it doesnt make it true.

nicely put!
*bettors

Reply 583

Original post by danielharris627

I want to get into this, I have so little money and it seems like a good way.
Can someone give me a very basic overview of what you do exactly? And how much money do you ideally need to get into it?

Basically if you want to make some real money its best to learn it manually. Doing it manually will make you thousands. This thread will explain pretty much everything you need to know.

http://forums.moneysavingexpert.com/showthread.php?t=325861

Although I'm for manual matched betting, you will have heard of fixtheodds by now. Fixtheodds is for people that don't feel confident doing it manually. Its easier and a bit quicker but you won't make nearly as much as learning to do it manually. If you're happy with about £500 then go for fixtheodds.

Otherwise learn to do it manually and you won't regret it. Its not hard and I've made £2000.

Feel free to ask if you want to know anything else about it. I'm here to help :smile:

Reply 584

danielharris627

Original post by Wolvarium

Basically if you want to make some real money its best to learn it manually. Doing it manually will make you thousands. This thread will explain pretty much everything you need to know.

http://forums.moneysavingexpert.com/showthread.php?t=325861

Although I'm for manual matched betting, you will have heard of fixtheodds by now. Fixtheodds is for people that don't feel confident doing it manually. Its easier and a bit quicker but you won't make nearly as much as learning to do it manually. If you're happy with about £500 then go for fixtheodds.

Otherwise learn to do it manually and you won't regret it. Its not hard and I've made £2000.

Feel free to ask if you want to know anything else about it. I'm here to help :smile:

Thanks! Yeah, I was looking at that thread the other day, I guess I should read it now though, but looks very daunting!

I'm currently on a gap year, so I guess I could try and learn manually...or should I use fixtheodds first?

Reply 585

Original post by danielharris627

Thanks! Yeah, I was looking at that thread the other day, I guess I should read it now though, but looks very daunting!

I'm currently on a gap year, so I guess I could try and learn manually...or should I use fixtheodds first?

My honest opinion is to read that thread first. Read the posts that explain the actual concept of matched betting, a few times.
If by that point you still don't fully grasp the concept then go with fixtheodds for a couple of offers until you're comfortable.

Being on a gap year is great. If you have the time you can make at least £5000 by the end of your gap year.

If you have any queries about the concept or anything else then you could PM me or something. I'm happy to help and already have helped someone get into matched betting manually from these forums :smile:

Reply 586

sonyhamster

OP

Original post by danielharris627

Thanks! Yeah, I was looking at that thread the other day, I guess I should read it now though, but looks very daunting!

I'm currently on a gap year, so I guess I could try and learn manually...or should I use fixtheodds first?

Personally, I would recommend that you use fixtheodds first as a starting point. They have email support and instructions to help you out if you're stuck. This will always give you a feel for the whole matched betting concept and then you can make a decision whether as you want to do it manually or not.

There are plenty of offers on there that can get you started off.

If you are considering doing it manually, make sure that you're absolutely confident in your ability to do it and that you're prepared to put your time in to it, as it can be time consuming.

Reply 587

Original post by TravelGuru

Is this a classic example of manual betting gone wrong?

Indeed it is - shows why doing it manually should be only be left to the pros as it can cost dearly - and even human error affects pros

Reply 588

EpilepticFridgeBoy

Original post by dvas

Indeed it is - shows why doing it manually should be only be left to the pros as it can cost dearly - and even human error affects pros

This is only really happened cos the guy didnt read the terms and conditions which you have to do to find out if the free bet is stake returned or stake not returned or is theres any wagering requirements.

You dont need to be any kind of professional to do this, just need to use your brain more than you do with fixtheodds.

Reply 589

CameraGirl

Original post by sonyhamster

Personally, I would recommend that you use fixtheodds first as a starting point. They have email support and instructions to help you out if you're stuck. This will always give you a feel for the whole matched betting concept and then you can make a decision whether as you want to do it manually or not.

There are plenty of offers on there that can get you started off.

If you are considering doing it manually, make sure that you're absolutely confident in your ability to do it and that you're prepared to put your time in to it, as it can be time consuming.

who needs email support when you have wolfie as a personal one-to-one tutor? With a few prods in the right direction the hand-holding isn't even necessary :smile:

that's my opinion anyway, my friend showed me one bet and then i was off! and it wasn't anything i couldn't have got from the MSE forum anyhoo :smile:

Original post by dvas

Indeed it is - shows why doing it manually should be only be left to the pros as it can cost dearly - and even human error affects pros

i wouldn't call myself a pro...
and no errors so far that haven't resulted in profit lol!
it really was just down to not reading the T&Cs, which everyone should do anyway, whether you use FTo or do it manually

Reply 590

To be honest, using fixtheodds may make it harder for you to go into manual matched betting. You get so used to having everything done for you that it probably makes you feel more vulnerable to mistakes if you stop using it.

Doing it manually right from the start means using your brain right from the start, thus getting used to it all immediately, becoming aware of all the possibilities of making mistakes and avoiding them.

My experiences: Officially the end of my matched betting week now, resulting in over £100 profit from risk free stuff. Not a great week tbh as its below my average profits I've made weekly in the past.

(edited 13 years ago)

Reply 591

Or lose all your money right from the out set!

Reply 592

neb1405

Original post by dvas

Or lose all your money right from the out set!

Oh come on, that is a little unfair...

If you do not know what you are doing, or if you do not have the right guidance, then yes, you can lose a lot money doing it manually. But if you do know what you are doing, willing to learn it all and you are willing to spend the time, there is no reason why you cannot do it yourself.

Reply 593

Original post by neb1405

Oh come on, that is a little unfair...

If you do not know what you are doing, or if you do not have the right guidance, then yes, you can lose a lot money doing it manually. But if you do know what you are doing, willing to learn it all and you are willing to spend the time, there is no reason why you cannot do it yourself.

Exactly and I agree. But these guys, who not so long ago started encouraging people to basically gamble with their money, are now trying to 'teach' people in to doing it manually.

Reply 594

Original post by dvas

Exactly and I agree. But these guys, who not so long ago started encouraging people to basically gamble with their money, are now trying to 'teach' people in to doing it manually.

I never encouraged people to gamble with their money. You're slating something you don't understand.
People that use fixtheodds seem to think doing it manually is a death trap and that you could easily lose all your money. This isn't true. Once you understand the concept its very very easy to do. Its easier to make money than to lose money.

There is a difference between "gamble" and exploiting bonuses at minimal risk.
As I've said countless times before, my friend has made close to £10 000 doing matched betting and "low risk" stuff. DongleMouse has made £60 000. I know another person who made £40 000. Just because you seem to think its "highly risky" when you don't seem to know much about it doesn't mean it is.

Again I'll repeat. I haven't ever seen someone in negative figures from matched betting. I've seen complete newbies start up and make £1000 easily.

Just because you're afraid of crossing a road without having your hand held doesn't mean someone else can't cross it on their own!

Stick with your £500 profit. I'm trying to help people make £10 000 plus, which realistically is very possible and very safe.

Reply 595

I never encouraged people to gamble with their money. You're slating something you don't understand.

... really? And I quote:

All I can say is that if anyone wants to know more about the "low risk" ways then they have only to ask and there are forums such as moneysavingexpert and Thegamblingtimes that have people explaining how to maximise offers and minimise risk, and the best ways of doing it.

a) Thegamblingtimes is a gambling website
b) Low risk is still risk, therefore gambling.

then any losses you incur doing "low risk" stuff won't be your own money, just the profits. And as I've said before, the profits far exceed the occassional loss.

Again, low risk - whether it's high risk or low risk, it's still a risk. You can't just say that when you win, you will win back the money you have lost.

To address the casino offer I did, It was no mathematical equation but merely a deposit a certain amount to get the deposit matched in the casino. This particular site allowed me to withdraw my deposit after getting the bonus so I received the bonus free to do with what I wanted. A few lucky runs on roulette got me the £25 profit.

Offers at casino's that minimise the risk e.g. via wagering on blackjack are generally very profitable.

Casinos = no go area. Again 'minimise risk' - I'm sorry, but I don't want to put my money on a game of mathematical chance, which odds are affected by the moons and the stars.

"3 races, 2 wins. £7.62 profit Stil 127% profit even with high risk betting... hehehe"

Nice :P

I like doing that sometimes. My friend was tempted to put £2 on a horse that was at 1000 odds to win. He decided not to...and the horse won.
He would've made £2000!
Funny how things happen.

I'm sure you love high risk gambling. But we don't.

Reply 596

Original post by dvas

... really? And I quote:

a) Thegamblingtimes is a gambling website
b) Low risk is still risk, therefore gambling.

Again, low risk - whether it's high risk or low risk, it's still a risk. You can't just say that when you win, you will win back the money you have lost.

Casinos = no go area. Again 'minimise risk' - I'm sorry, but I don't want to put my money on a game of mathematical chance, which odds are affected by the moons and the stars.

I'm sure you love high risk gambling. But we don't.

Well thats your opinion. Yours only.
This is a matched betting thread not a "fixtheodds" thread.
There has been plenty about fixtheodds and I'm promoting the manual side.

I'm teaching people to matched bet 100% risk free, the manual way. I explain to them about "low -risk" ways that people do and let them decide whether they want to do it or not. Who are you to tell them they can't.

Fixtheodds is a newcomer to this. Matched betting has been going on manually for years and people have been making 5 figure sums out of it for years. Some website comes out in the past couple of months and everyone using it seems to think its the only way you should matched betting, making manual matched betting out to be some risky venture that shouldn't be tried unless you're some kind of genius. This makes me angry and frankly makes fixtheodds out to be arogant.

I do not do "high risk" gambling. I have put the occasional £2 on stuff just for a bit of fun. This is not something I'd ever tell someone to do. £10 out of £2000 is nothing. I exploit risk free and really low risk offers and make money out of them. You may be happy to be getting a few hundred pounds but I aim higher.
I'm merely letting people know the opportunity to make thousands and if they want to explore other areas such as Arbitrage betting and casino offers then I will explain it to them.

Just don't say that matched betting manually is "bad" because thats your opinion, not a fact. Doing it manually will get a lot of money. If it was so risky as you seem to think then people would not have been doing it for years and years.

If people didn't do matched betting manually and make a lot of money out of it then a site like fixtheodds would not have been created in the first place.

Why do you think its becoming so popular? You have no experience of the other ways of making money in this area e.g. arbs, casino offers etc so who are you to judge them? Find me a person that has failed to gain a lot of money out of doing it and I'll admit I'm wrong. Until then I remain adamant that matched betting, arbs, casino offers and most exploitable offers are an excellent way of making money and WILL make me a lot of money.

I don't want to get into an argument about this again. I'm just letting people know I'm willing to help them make a lot of money without having your hand held.
If people have little time and are happy to get £400 or £500 then yes fixtheodds is probably best.
But if people have free time on their hands and want to make real money then manual matched betting is a lot better than fixtheodds.

If manual matched betting is so bad then how come I've made £2000.
How come my girlfriends made over £800
How come my friend has made £8000
How come my other friend has made almost £2000
How come DongleMouse has made £60 000
How come several people on matched betting forums have made £40 000+
How come I make £100 a week at least, easily?
How come I made over £400 in a week through purely 100% risk free stuff?

I'm doing risk free stuff that fixtheodds may never show you.

End of.

Edit: And the fact that everyones thumbing down my post and thumbing up Dvas' shows that this thread may as well be a "fixtheodds thread" as people aren't willing to hear other opinions.

(edited 13 years ago)

Reply 597

neb1405

Original post by dvas

... really? And I quote:

...I'm sure you love high risk gambling. But we don't.

lol nice one - he's totally busted!! :thumbsup:

Reply 598

Glenfarcles

Yes, I have made over £10,000 and I can make you £5,000 richer within months. I won't tell you how to do it here, but if you PM me, I'll let you know all about how you can be rich like me. Sure you might lose money, but don't look at me - I just provide the advice!

Also, I know of some nice gambling websites that get money when you sign up and when you gamble all your money.

Oh and don't worry about making a loss... You can make that back many, many times if you follow my expert advice!

Dvas was simply making a point that you have been insinuating that you can make money by gambling - as he has quoted. From the outset you and your 'girlfriend' has been rude to members on this thread and have been nothing other than trolls.

Oh yes, we can all be like you, make tens of thousands of pounds within months from horses, casinos and how we shouldn't accept hundreds of pounds a week as being acceptable as we could make so much more if we follow your method.

We have no doubt that you can do it manually and as the fixtheodds man says, you can probably make a little more. But why brag about how you have made tens of thousands of pounds and people should follow you and go on gambling websites.

If we want to do matched betting, we will. Just not without your 'expert help'.

Honestly Wolvarium, we are students and we are not thick.

Reply 599

CameraGirl