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Matched Betting Thread #2
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Original post by Notnek
Thanks. That's an impressive hourly income plus it's tax free.
It's great considering you money is instant aswell, MB is just a hobby for me not a job, I can easily spend 1hr doing this it's just that I'm on summer break and hence I'm always on my phone so I always find myself on smarkets. It's pretty effortless: place your match bets, wait, then withdraw the winning wherever they may be
Original post by bspercy
It's great considering you money is instant aswell, MB is just a hobby for me not a job, I can easily spend 1hr doing this it's just that I'm on summer break and hence I'm always on my phone so I always find myself on smarkets. It's pretty effortless: place your match bets, wait, then withdraw the winning wherever they may be
How have you not run out of free bet options?
Original post by LilySpiers
How have you not run out of free bet options?
There was a big horse racing event on today
Do betting exchanges care that a customer is using their account primarily for matched betting? I'm thinking that they get commission either way so wouldn't care?
I can see why a normal bookmakers would care if a customer only bets when they receive free bets and decide to stop issuing them free bets. Do bookmakers ever ban accounts that they think are used only for matched betting?
I can see why a normal bookmakers would care if a customer only bets when they receive free bets and decide to stop issuing them free bets. Do bookmakers ever ban accounts that they think are used only for matched betting?
(edited 5 years ago)
£147.34 today. Pretty routine day in terms of numbers but didn’t have success with the Goodwood refunds today. I back a horse to lose it wins, I back two other horses to finish 2nd or 3rd, they finish both last. Anyway, can’t complain today. Doubt I’ll see too many days I make £200
Week 26th-1st: £1103.39
I’ve been posting everyday for a week now so thought I post my earnings through match betting. If I’m able to keep up my £1k/week pace, I can say I’ve successfully made £10k (and will have £10k in my bank literally from £350 since June 18) before going back to uni. 45 days to go
I’ve been posting everyday for a week now so thought I post my earnings through match betting. If I’m able to keep up my £1k/week pace, I can say I’ve successfully made £10k (and will have £10k in my bank literally from £350 since June 18) before going back to uni. 45 days to go
(edited 5 years ago)
Original post by Notnek
Do betting exchanges care that a customer is using their account primarily for matched betting? I'm thinking that they get commission either way so wouldn't care?
They could not care less. Smarkets recently asked me where all my funds come from as I put tens of thousands through them every month, I told them I was a matched bettor and they were perfectly happy.
Original post by Reue
They could not care less. Smarkets recently asked me where all my funds come from as I put tens of thousands through them every month, I told them I was a matched bettor and they were perfectly happy.
Were you concerned at all when they asked you that? I think I would have been
Original post by Notnek
Were you concerned at all when they asked you that? I think I would have been
No because I would guess a huge chunk of their profit is from matched bettors. Why would they care?
Original post by Notnek
Were you concerned at all when they asked you that? I think I would have been
If you’re a match bettor laying £50k bets per month. You are effectively giving them £1k due to commission
Original post by Reue
No because I would guess a huge chunk of their profit is from matched bettors. Why would they care?
For me it would depend on the wording of the email / if it was unexpected. Even though I know they make a profit, I would probably still be slightly concerned but that's just me.
Original post by bspercy
If you’re a match bettor laying £50k bets per month. You are effectively giving them £1k due to commission
Yes I am aware of this. There's no reason why they would want to stop the profits coming in.
£160.84 today. Might drop out from Bsc Maths for this. Would rather do 1hr/day work than solve quasi-linear PDE. Ofc im joking
http://imgur.com/irEmtDQ
http://imgur.com/irEmtDQ
(edited 5 years ago)
Original post by Notnek
Were you concerned at all when they asked you that? I think I would have been
It's of no concern to a betting exchange. As long as what you're doing is legal (matched betting is totally legal) and they're profiting from it (they are, since you're just laying your bets on their platform, not using any offers from them or anything), then it's all good for them. Bookies on the other hand of course don't like you just rinsing them for their free bet offers, so if you told them what you were planning on doing I'm sure they'd have something to say about it
Thought I was done for the day when I edited my daily post, but I have gone to win £115 in reload casino offers, which I never really consider match betting winnings as you're not laying anything but I guess being awarded the casino offer was a result of having an account with the bookmakers.
Daily total up to £286.71 is by far my best day. Was hoping i topped £300 as i never have before in a day but id be a cnut to complain.
Month is looking very positive. Optimistic but not delusional, I can see myself making £6000 but £5000 will be the more conservative figure.
Daily total up to £286.71 is by far my best day. Was hoping i topped £300 as i never have before in a day but id be a cnut to complain.
Month is looking very positive. Optimistic but not delusional, I can see myself making £6000 but £5000 will be the more conservative figure.
(edited 5 years ago)
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