Author Topic: Matched betting?  (Read 6883 times)

guy999

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Re: Matched betting?
« Reply #50 on: January 24, 2019, 06:51:03 AM »
Hi
Just been reading through here and about to signup with PA.
How has everybody's luck been lately?

Manchester

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Re: Matched betting?
« Reply #51 on: January 31, 2019, 05:16:20 AM »
Hi
Just been reading through here and about to signup with PA.
How has everybody's luck been lately?

Quite good for me.  This month I've made 400 without putting much effort in at all.  I've been busy at work so not had as much time to do it, but think I could have easily passed 500 had I done more offers.

daverobev

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Re: Matched betting?
« Reply #52 on: January 31, 2019, 05:30:55 AM »
Hi
Just been reading through here and about to signup with PA.
How has everybody's luck been lately?

Quite good for me.  This month I've made 400 without putting much effort in at all.  I've been busy at work so not had as much time to do it, but think I could have easily passed 500 had I done more offers.

What's your bankroll, if you don't mind me asking? And how many bookies are you using to get that level of return? I'm probably going to start in the next month or so.

daverobev

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Re: Matched betting?
« Reply #53 on: January 31, 2019, 12:54:15 PM »
Got an appointment to open a bank account next week. I signed up for Profit Acc, just wondering how 'necessary' it is? Surely using that leads to gubbing because everyone else is doing the same?

vand

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Re: Matched betting?
« Reply #54 on: February 01, 2019, 03:18:49 AM »
You can make about 1000 from one-off sign-up offers. At least you could a couple of years ago. Probably a bit less now. Don't need a huge bankroll, although it helps if you have a couple of grand so that you are not constantly having to moving money around different accounts.

After those you are left with "reloads". It depends how much time and effort you put in to taking advantage of every single 5 bet thrown your way, but I'd say you will do well to scrape 200/month. After a year you'll probably have lost most of your accounts and will do well to make 100/month.

PA is a decent service, but I actually think that you are better off not using it. "Matched Betting" in its purest sense is only a small subsection of the wider topic of Advantage Play. It's more sustainable, and more satisfying and arguably more profitable if you learn for yourself how to extract the value from the bookies, and then you have all the tools you need to be able to do so on a continual basis. There are techniques that are +EV in the long term, but not always hedgeable.

for a higher level of sophistication I would recommend checking out bookiebashing dot net (I have no affiliation, but learnt a lot from their podcast)


Manchester

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Re: Matched betting?
« Reply #55 on: March 28, 2019, 07:07:32 AM »
Got an appointment to open a bank account next week. I signed up for Profit Acc, just wondering how 'necessary' it is? Surely using that leads to gubbing because everyone else is doing the same?

Hi mate,

Really sorry, didn't even see you'd responded to me previously.  My MB'ing bank is currently just under 5k which is built up of 1.5k deposits and 3.5k profits.  I've not had much time to MB since Cheltenham, but still making abit of money here and there.


Profit Accumulator is very necessary IMO.  It saves you the time of manually searching for offers, as well as giving you calculators and resources (such as the forum and support line) to put bets on quickly.  The 18 fee per month is easily coverable from reloads.  At the end of the day you're going to get gubbed by everyone regardless of using PA or not.  If you're matched betting, they will figure it out and restrict you. 

As Vand said, there is a lot of value in Advantage play (These can be offers such as 'money back if 1 leg lets you down on a 4 fold accumulator'.  I bet 10 every other day with Paddy Power, Every now and again it comes in and earns me around 30-50 profit immediately, sometimes 1 leg lets me down, I make 8 from the free bet so the actual bet has cost me 2 (2 loss - this is the most likely outcome) and occasionally more than 1 team lets you down and you lose the full 10.  Overall this has earnt me money, but isn't risk free and increases variance (good months/bad months).  Another is Casino offers that are expected value.  They aren't risk free, but the odds are in your favour rather than the bookies.

If you need any advice my pm's are open.  You'll also have access to the forum, there are some mods that are very helpful I've found.

TinyAcorn

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Re: Matched betting?
« Reply #56 on: April 14, 2019, 03:56:35 PM »
Hi. I'm thinking of giving matched betting a go but seem to have chosen the worst possible time to get started, as the footie season is coming to a close... would you recommend getting started regardless or should I just read up, get email and bank account sorted with the aim of starting proper when the footie starts back up? 

I don't really know anything about sports but it doesn't look like that's actually a barrier, I'm good with numbers and organised so this seems like it could be a good option to me - higher rate tax-payer too so the tax free nature of MB appeals over more traditional side-hustles.

Manchester

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Re: Matched betting?
« Reply #57 on: April 16, 2019, 03:04:02 AM »
Hi. I'm thinking of giving matched betting a go but seem to have chosen the worst possible time to get started, as the footie season is coming to a close... would you recommend getting started regardless or should I just read up, get email and bank account sorted with the aim of starting proper when the footie starts back up? 

I don't really know anything about sports but it doesn't look like that's actually a barrier, I'm good with numbers and organised so this seems like it could be a good option to me - higher rate tax-payer too so the tax free nature of MB appeals over more traditional side-hustles.

I'd argue now is a good time to start.  With matched betting, you make so much until you get 'gubbed' by bookies who've sussed out that you're a matched bettor.  So to avoid this you need to look like a 'mug punter' who doesn't stand out from the thousands of people who plow their income into these sites. 

This time of year, the Premier League is reaching it's climax and the Champions League is in it's latter stages.  So a lot of people would be more inclined to have a punt on these bigger games, compared with a less important game earlier in the season.  There will be lots of sport on over the summer (golf, tennis, Ascot etc) so there is still some money to be made. 

Before you do anything though, create a matched betting email address (something subtle though, not TinyAcornsbookiebashingemail@matchedbettors.com), open a current account separate to your other finances (no overdraft facilities or any other bells/whistles).  Then sign up to profit accumulator and do the free trials (which will pay for your first month).

The best advice I can give you is to take your time and don't rush.  Also, value your accounts early on (if you plan to do this long term).  I didn't do much mug betting on some good accounts and I've lost out on profit as a result.  There is tons of information on the forums about how you can do this.

If you're feeling generous, use my code when you sign up and I'll receive a 10 referral bonus from Profit Accumulator. 

my referral code is: 301221

tomw

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Re: Matched betting?
« Reply #58 on: April 17, 2019, 07:09:39 AM »
Hi. Great thread, thank you for sharing :)
I was wondering if you monitor your credit score and if MB had any effect on it?

vand

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Re: Matched betting?
« Reply #59 on: April 18, 2019, 02:22:36 AM »
shouldn't affect your credit score at all.  Most betting sites have degenerates and, well, gamblers, as the bulk of their clientele, whose credit scores are likely to be below average, so they're not going to be turning away most of their potential business.

However, a word of advice.. they often make you jump through hoops when doing stuff like withdrawing money, so make sure you have recent bank statement, proof of ID & address all ready to send to them, and don't even think about multi-accounting.
« Last Edit: April 18, 2019, 02:26:22 AM by vand »

tomw

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Re: Matched betting?
« Reply #60 on: April 18, 2019, 02:54:02 AM »
Thank you for the reply. I was more concerned about lowering my credit score by opening multiple betting accounts with different providers   

highlandterrier

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Re: Matched betting?
« Reply #61 on: April 18, 2019, 04:32:09 AM »
I don't monitor my credit score but I matched bet for around 10 years and took a 200k mortgage out towards the end with the same bank that I used for my betting account. Was approved within a week so no issue.

Also, I've never encountered anyone in the community who believed that it affected their credit score. Which makes sense as you are not using credit anywhere in the process, and have no bills to pay or anything, so there is no reason for it to affect how likely you are to pay of a debt.


Playing with Fire UK

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Re: Matched betting?
« Reply #62 on: April 18, 2019, 05:11:42 AM »
Thank you for the reply. I was more concerned about lowering my credit score by opening multiple betting accounts with different providers

Do you mean multiple betting accounts or multiple bank accounts to use for betting? You only need one spare bank account and if it doesn't have an overdraft then it won't impact your credit rating.

Bookies will sometimes do identity checks using credit rating agencies, again, this won't impact your credit rating. A betting account doesn't have any place on a credit rating (it isn't offering credit) so there is no way it can impact your credit rating.

tomw

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Re: Matched betting?
« Reply #63 on: April 18, 2019, 05:57:39 AM »
I was thinking about one bank account and multiple betting accounts. It is all clear now. Thank you :)

Manchester

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Re: Matched betting?
« Reply #64 on: April 23, 2019, 08:50:09 AM »
I don't keep track of my credit score, but  haven't been turned down for credit since starting matched betting.  I would definitely recommend opening a new current account just incase you're planning on getting a mortgage.  They will look at your bank statements, so would be better if the transactions were in a separate account (although it didn't bother me). 

Thanks to the two kind people who used my referral link.  You've helped me earn an extra 20.  :)

jossjoss

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Re: Matched betting?
« Reply #65 on: May 19, 2019, 04:36:35 AM »
I do a lot on matched betting and have found it to be even more great if you follow some of the pro tipsters from https://bettingfamily.com/en

Have any others good pro tipster sites you've been following?

Thanks