8 Comments

  1. Jon

    April 6, 2015
    / Reply

    can you also use this route?

    Bet £10 @ 14 (which becomes 42) so £420 if it wins
    Lay £10.41 @ 13.5 which means a £130.12 liability

  2. Jon

    April 6, 2015
    / Reply

    Sorry a continuation;
    If the horse wins you get £420 minus the £130.12 you've lost on Betfair = £289.88 profit
    If the horse loses you lose your £10 bet but win £10.41 on Betfair minus your 5% commission is £9.88 so loss of £12p.

    The above is using the horses you selected, by going for a horse which is more favoured to win (ie smaller odds) you'll obviously get a smaller profit if it wins but it'll be much larger than the £20.37 you'll get going with you method.

    Your method does guarantee a win though. Let me know if I've done something stupid in my methodoligy.

    • Matt

      Matt

      April 7, 2015
      / Reply

      Hi Jon, your strategy is fine if that's the way you want to play it. All you're effectively doing though is gambling your £20.00 guaranteed profit on a 14/1 shot to win £280.00+.

      The way I see it, if you put £20.00 on 4 different horses at 3/1, on average you'll win £60.00 once and lose £20.00 three times and therefore break even.

      The beauty of matched betting is that we can make risk-free profits and beat the bookies so I'd be banking the £20.00 profit every time, but as long as you cover your stake and you don't stand to lose money, there's no reason why you can't play it that way mate.

  3. Owen

    May 10, 2015
    / Reply

    How do you calculate how much you lay on this deal? Can't quite get my head round this one?

    • Matt

      Matt

      May 11, 2015
      / Reply

      Hi Owen. You just need to work out your treble odds. Then all you need to do is enter your treble back odds and the exchange lay odds into the matched betting calculator to get your lay stake.

  4. hitesh

    October 9, 2015
    / Reply

    hey from last 10days i m struggling to bet on horses but i cant bet because i m not understanding how to bet.it will b grateful if u help me

    • Matt

      Matt

      October 9, 2015
      / Reply

      Please contact me via my contact form for general matched betting queries...

  5. Richard

    November 25, 2015
    / Reply

    Managed to back Alfahad at 12.30 lingfield for 17.00 so 49.00 in effect and layed it off pre race at 4.00. Get In!!!!!!! I was about to lay at 15.00 and the odds fell through the floor!


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