Another one bites the dust

  • After an enjoyable 6 months of matched betting I fear my days as a matched bettor may soon be over . 3 in a week, the latest from ladbrokes.
    Sorry, tried to copy and paste e mail but rubbish at these sort of things

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    RyanB 11

    Hmm I agree and disagree…I only ever do 2nd place horse races on the live Channel 4 which lets be honest is probably where the bookies get most of their horse racing bets. So I think a hell of alot of regular punters would be betting on the favourites on these races….so to be honest I don’t really see a problem…and regarding the races with small fields such as 5/6 runners, regular punters might see this as a better chance of winning I guess people think the bookies are like MI5 these days!

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    MarkCorrigan 9

    In Australia, they’re pushing for a minimum bet law – this would mean bookmakers are legally obliged to take a minimum bet (i.e. 2,000 AUD liability) from any customer, thus removing any discrimination. I would love to see that happen in the UK… If only!

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    mike j 11

    I wouldn’t go that far Ryan lol but surely each bookie has a risk management team whose job it is to look at punters and identify as match bettors. The big bookies (365, ladbrokes, will hill) will find us match bettors insignificant for the time our bets win at the bookies as opposed to the exchanges. However when the smaller bookies post an offer and let’s say a hundred match bettors take up said offer and win a horse at 10/1 with each bet at £25 then that’s very bad business, so in my eyes they try to ban the match bettors before it gets to that stage. Maybe I am being too cautious, I just want my profits to be consistent in the long run

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    RyanB 11

    Who knows, I just feel that betting on some horses during their Channel 4 racing special isn’t that dodgy…woulda thought bookies would prefer to pay out the free bet then a winner ah well !

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    mike j 11

    Understand completely Ryan, only problem is that each bookie has a set line you can’t cross and we don’t know till we crossed it. I keep meaning to do the partner friendly bookies for more profit but am scared of drawing attention to myself, plus If I don’t do it now then that’s my back up if I do get gubbed. Would be good to hear from someone do has worked in the industry

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    RyanB 11

    Worried about my William Hill the most probably as you can actually go look back at your previous free bets and its just free bets for days and days the pages go on and on especially with their inplay this month

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    kjillman 1

    Agree with Ryan totally fine on the CH4 races as everyone is doing that, you see them all advertised on TV & print. It’s doing them all week is where they’ll restrict you. Betting on a market you never do is also a prime no no. For instance today’s WH on the greyhounds,all month MB 2nd’s on the horses and then you also bet on the dogs as they are MB 2nd’s you are going to get gubbed !

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    Ice Magic 3

    Its a bit of a scam they ban prople anyway. That’s discrimination. We are just taking up offers they are promoting. If they dont like people doing promos then why do they do so many?
    Really annoys me as i would like to think i could make a regular bit on the side doing this

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    DashBet 0

    Highlights the need for mug betting. If you aren’t regular putting regular £20-£50 punts on popular televised stuff like the Premier League or Saturday racing but you’re betting on trappy all-weather racing routinely on a Tuesday night, then alarm bells are obviously going to be ringing. Punt odds-on ‘mug’ prices to typical ‘mug’ sized stakes and you’re golden. Around 4/5 a weekend, however annoying they are to do, will keep your account under the radar. Plus at odds-on they’re generally cheap to lay and the whole routine costs around £2 across numerous accounts. I also personally risk £1 on roulette spin for every time I make a good sum (£25+) out of an offer. Probably costs £10 extra per month in total but in return you’re getting an account that is forever open or at least open for a considerably longer length of time.

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    DashBet 0

    Since it’s the season of giving, why not give back a minute fraction of what you’ve won on the accounts you have left? 😀

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    kjillman 1

    mug betting across your accounts is way too long winded. Let’s be honest we’ve all mugged bet and still got restricted on an account. Paddy I mugged bet galore – restricted after winning on too many MBS.I agree keeping certain bookies happy is always worth it,for example WH apart from this month had f**k all going on for us match betters now I want to keep them happy.whereas other bookies I would never mug with ie coral,unibet as they have hardly any offers. Bet 365 only ever done their inplay offers nothing else in 7 months and others have been restricted – lottery!

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    DashBet 0

    Yeah I only mug bet across the accounts that I’ve been using in that week. So normally WH, PP and Sky. I personally have to mug bet on a few others because I also punt profitably (30% ROI 2015 🙂 ), in fact I’ve just mug punted on the darts through B365 account where I had a big bet on Andy Murray to win SPOTY at 13/8! But yeah, whoever you need to keep sweet. I also think if you’re older you’re assumed to be less vulnerable and volatile with your betting than a teenager which is probably why a lot of the public Matched Betting success stories are from Uni students, who may have had their accounts left open on the chance of them punting something stupid!

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