I do know about matched betting but never tried it. It is a way of making money out of all the free bets that bookmakers give you. Like when you make a £10 bet the bookie will match it. There is a good website that explains it and he walks you through a bet he places. http://www.savethestudent.org/make-money/what-is-matched-betting.html
Its spot on mate. I've been doing it for a week now, started off with a very very small bank (just £40) and made £200 already. I'd already signed up to a few of the bookies too which slowed my progress. I came across it by mistake and if I'd have known what I know now I'd have hung on for a while to build a bigger bank. If you've barely signed up for any online sites, you can clean up, literally. The site I joined costs £17.99 a month or for a year something like £100. But they virtually hold your hand through it all, they give you lists of bookies, whats on offer, they have a match-up page where you find your matches, they have a bet calculator to calculate your lays, etc....its excellent. If you are interested lemme know I'll send you the link, They give you two free offers to complete immediately to give you a taster. If you have say a couple of hundred to start off with, have not signed for many online bookies, then you're laughing, you'll make £300/£400 in your first week. Lads on there are genuinely clearing £2000 a month. Its perfectly legal (even if the bookies hate you doing it) and its absolutely risk free, unless you **** up yourself i.e. mess a bet up, you simply can't fail to make money doing it, good money too. By next month I'm expecting to be hitting a grand a month, thats my target. And the great thing is, it barely take smuch time. A few minutes searching for you bet and a few minutes placing it. Obviously the more you wanna make the more time you spend, but an hour or so a day is well enough to make decent money. Its great watching footy matches you've bet on and not caring who wins, because you're covered on all bets makes a change.
I'm guessing that you won't be making a grand a month. By all means come back and let me know otherwise but the reality is that if you're taking a grand a month off bookies (no matter how widely you spread it between them) some of them are going to start restricting your bets or banning you altogether. This sort of thing is a decent short term gain but it's not an ongoing cash cow.
You do know people have been doing this for years right? You have to manage your accounts so they dont get limited, you do this by placing mug bets during the week i.e. placing simple bets (and laying them of course) that have no bonuses connected to them. There are about a hundred+ bookies out there, every single one offers start up bonuses, then you have all the reloads, weekly and daily offers, the choices are endless and bookies are actually increasing offers by the week, you used to just get a simple start-up bonus, not these days you get dozens a week to take advantage off and this is before you go into all the casino, poker, etc offers. The bookies can't do anything about it apart from limit obvious accounts, they don't actually lose that much, if anything they gain everyones initial stake, because the idea is to lose your bonus monies into your market accounts (i.e. Betfair, Smarkets, BetDaq, etc) and these sites aren't arsed what you're doing, becuase they aren't losing anything because on the market sites you're merely betting against fellow punters, they (Betfair, etc) make a % for every bet settled. Oh and they cant or wont ban you, you can be banned for arb betting, which is a totally different thing. The absolute worse they'll do is limit your account, as in not enable as many special offers as others. Why would they ban you? You are not breaking any law or rule, its 100% legal, if bookies want to offer bonuses then that's their problem. We're only doing what a bookie does himself, which is backing and laying all day
Fine, I'll back out of the discussion. I'll take back my offer to help anyone out by pm. After all, you're the experts cos you've been doing this for an entire week!
A week, two years, it doesn't matter how long you've been doing it, the basics aren't that hard to learn. Anyone that has a basic knowhow how to set-up a bookies account and place a bet can be halfway there I've been gambling online for many a year so... The hard work is finding the matches to back and lay, finding all the bonuses (unless you want to scan every single bookies, every single day to see what offers they have?)...something this site does for you. All I need to get to grips with now is backing and laying multiple bets, which is a lot trickier as you have to stagger the lays, as in you can't pick horses/teams that are running at the same time. Believe me it doesn't take a lot to become an "expert" on the topic, its basic bet placing/laying ffs. Oh and BTW, if I hadn't just jumped into this without thinking and getting some decent cash for my initial pot and also I wasn't already a member of some of the early bookies in the list (the list is compiled in order of how easy the start-up bonuses are) I'd have been halfway to my first grand now. As long as bookies offer offers, which they are doing increasingly, then there is money to be made. It can't and won't be stopped why would it be? A bookie isnt actually losing the majority of the time, a basic example is You sign up for a bookies, deposit say £25, back a horse for that £25 and lay it in your market site. Most of the time you lose the bet into your market, so the bookie has gained that £25. You then take the free bet, which is another £25, once again you back and lay a horse/team....the idea once again (the majority of the time) is to lose the bet INTO your market account...so the bookie has lost nothing from the free bet either. So in this scenario the bookie has gained £25 off you...great reason to ban you isn't it?
I'm going to have a go at this starting with a few hundred quid and am only currently signed up to 2 bookies so have plenty to go at, have just placed my qualifying bet at p power, send us the link to that site please.
Made a few hundred with the Bonus Bagging system. Utilising all the bookies sign up offers to guarantee profits. Obviously the profit is finite there though, because there's only so many bookies to sign up to! Since then, my main profit of this type comes from the Bet365 £50 in play bet offer. It's £27 for lifetime membership, and once you've used up all the sign up offers, you continue to get emails from him with any top up offers from the bookies. http://www.bonusbagging.co.uk/
A lot of bookies are offering an increasing amount of bonus bets that aren't restricted to new sign-ups these days mate, especially when there is a big event i.e. Royal Ascot, Copa America, etc. Paddy Power are besserk, every day they're offering some kind of offer that can be exploited. But I'd advise against taking them all up.
That's why i mentioned the ongoing emails in the last paragraph. The finite profit comment was in relation to sign up offers but you're right, there is still plenty of profit after those are exhausted.
Done this with 5 bookies so far and taken money off all of them, have lost £225 0n Betfair but am £105 up, every bet I place seems to win, just had £50 on draw in Sweden Italy game at 3.6 and that even won, only wish this would happen in my normal betting.
Pure profit mate, can't be lost, you're not actually gambling as you have all bases covered. Back horse in one bookies, lay the same horse in your market account (i.e. Betfair) this is your qualifying bet. You usually lose around 50p for this bet but you now have a free bet to back and lay, anything won off that is pure profit, absolutely no loss possible unless you mess up.
I've never been into betting, but my brother was pretty good at it, but eventually left because he got too emotionally involved (he was an overall winner, but when he lost he got angry lol) Basically, he started to win at quite a few places, i.e. Betfair, Bet65 etc...all the regular stuff - and because of this, he eventually got his account limited. He wasn't doing 'mugs bets' as you put it, so that may be why. However, they'd literally only let him bet say 1p Out of interest, how would a 'mugs bet' protected you from limits?
If all you ever do is bet when there is an offer attached, the bookies get suspicious. So you place mug bets, which are basically just a straight forward bet, which you then lay, you may lost a pound or so but that's the price you pay to keep you account from being limited. When you say your brother betted, was he match betting? or just normal gambling? What I'm doing isn't gambling mate, its risk free.
He was gambling in a traditional sense, I understand your stuff is very different, I will give it a proper read.
Started doing this too and made around £600 in a fortnight due to a big (and lucky) slots win from free five spins.
