Best way to approach large WR bookies?

So I’ve been matched betting for a few months now, and have taken most SUBs from the major bookies.

To this point I’ve avoided bookies with large matched deposit wager requirements – Winner, Bet on Brazil, Titan Bet, etc because of the horror stories with people repeatedly winning at the bookies and emptying their exchange accounts. Plus some of the requirements (e.g. 14 day expiry, multiple bets on accas, small bet stakes) are ridiculous. Even if I do hit the WR I’m nervous about them claiming suspicious patterns, etc and preventing withdrawal of any bonus winnings! With this in mind it feels more like plain gambling as it’s just praying the lay bets win.

I’m thinking about betting the deposit – if it goes on to win I’ll just withdraw the stake and winnings and forfeit the bonus. If the lay wins then I have £X00 bonus – and just bet normally (unmatched). If I lose it all I’ve only lost a little on the exchange, and if I win I hopefully get to rinse them for having such ridiculous WR! I seem to have a track record or repeatedly at winning at bookies so hopefully this will continue…

What are peoples thoughts on this? Or have you just avoided these bookies altogether?

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randomer101
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November 7, 2016 at 6:50 pm

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Johnbo 15 November 7, 2016 at 7:30 pm

If you take the winner offer, i personally dont think it is worth it, although im sure people may disagree.

Bonus is 100% up to £200 with a turn over of 8 times bonus AND deposit, so this would be £3,200.

Has to be done in 14 days at odds of evens or better.

Max bet is £50 so 64 bets needed, are you going to be able to find 64 events with really small qualifying losses to extract the bonus?

Also, the max winnings from the bonus is £2,000 so a run of winning bets could mean you win over that amount.

Far too much hassle imo unless their odds are good, which i doubt.

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randomer101 0 November 7, 2016 at 9:21 pm

Sorry Johnbo I didn’t make it clear – my plan is to bet the entire deposit amount (excluding bonus) for the first bet and match it on the exchange. Two outcomes:

1) Bookie wins – I’d withdraw deposit and winnings (bets are placed with cash before bonus) and forfeit the bonus. Would probably underlay so no losses.

2) Exchange wins – I’d make a small loss on the underlay but be left with the entire bonus at the bookie. At this point I’d bet normally (unmatched). Worst case scenario is that I lose the bonus, but that’s it. Best case is that I’m left with money after all WR have been met.

This makes sense to me, hopefully I haven’t made any obvious mistakes…

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biscuit1966 2 November 7, 2016 at 9:38 pm

I’m interested in this randomer101.Let us know how you get on,cheers!
ps If you win at the bookie with your deposit amount will they let you withdraw your winnings and forfeit the bonus? Or will that tie you in to the WR automatically?

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arb 4 November 7, 2016 at 10:08 pm

Sounds like an interesting approach, randomer. I’m assuming you’re certain that you won’t get caught out by some subtle quirk of the T&Cs when trying to withdraw your deposit and winnings, if the first bet wins?

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Johnbo 15 November 8, 2016 at 6:39 am

Randomer, to get the bonus on winner, you would have to opt in, and this would tie up any winnings if the first bet won.

At least that is my take from their terms and conditions and so making a withdrawal would forfeit the winnings from the first bet in that instance.

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sleepless 9 November 8, 2016 at 2:28 pm

Can’t see this working. If something occurs to us I wouldnt give odds over 1 that it hasn’t occured to the bookies.

Winner_bastards won’t work
” If a withdrawal is requested before you complete the turnover requirements of the deposit and bonus, then any winnings from the bets wagered will be forfeited and the offer will no longer be available to you.”

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matchedem
Blocked
10 November 8, 2016 at 4:38 pm

My approach would be this (based on a 100 deposit + 100 bonus). I’m obviously not taking into account price differences and commission but its only a FACTUAL guide

Bet the full 200 on a 3/1 shot. Lay 150 at the same odds. Bet loses you are £50 up for very little effort. Bet wins and you are now £700 up on your original deposit and only £450 down at the exchange…so doing really well. Then I guess just take your time trying to get through the rollover requirements, best to stick to say £50 bets so you don’t ever go near the £2000 cap. I’d suggest the second outcome you could win more, but for more effort

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matchedem
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10 November 8, 2016 at 4:39 pm

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