Betting in shops – max bet

Dear all with my online career coming to a point where I am capped to what I can win from my theory I have considered taking this into the traditional bricks and mortar places. I have a couple of questions that I would be grateful for answers to.

1) what is the max bet a cashier takes. Is it based on payout or stake? If you know the bookmaker would be grateful.

2) due to the fast nature of markets when taking odds on a horse are you allowed to write the odds in when writing the slip and wanting to take the odds?

3) if when writing it the horse was 7/1 but when the cashier checks the odds it is say 6/1 can I say no thank you and if I do will this raise suspicion as to what I’m doing?

Answers would be greatly appreciated as I will have a 6 week holiday from my maths teaching very soon and am considering this as a way of keeping my profit rate as high as possible.

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beesty2016
3

June 25, 2016 at 9:59 pm

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Blocked
0 June 26, 2016 at 12:02 pm

I’ve just started sharbing, from what I understand they have charts in Betfred grade 1 is a max payout of 3k, grade 2 is a 1k and grade 3 is £300… so all major football games would be grade 1. I think they can ring through to get authorisation – but you don’t want to run the risk.

I’m not sure if all bookies work similar.

You could get the coupons first thing on a monday, take home and convert all fractions to decimals and then check for arbs – I can’t find a quicker way.

Always ask if the odds have changed, if they have you can say no… I’ve said, no I can get better odds at ‘X bookmakers’.

I’m really new to this too, but I know people are making quite a lot a day from this.

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beesty2016 3 June 26, 2016 at 8:43 pm

Cheers matched betting that’s really useful to know. I guess all horse racing would count as grade 1 and 2. If it were to be grade 1 then that would be fantastic as I would be able to get bets on earlier. And get real money on them. Thing is I would be carrying huge floats of money and would be worried with where I live that something terrible could happen.

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matchedbetting
Blocked
0 June 26, 2016 at 9:08 pm

Yeh thats the problem. Although, if you’re in a car maybe or with friends then you should be ok – you can always go back in the morning time to pick your winnings up when the chavs are less likely to be there 🙂

I need to research the horse racing, but try and get down the bookies early tomorrow and see whats there. I only started last week and with quite small bets to get to grips with things.

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wottsy 4 June 26, 2016 at 9:58 pm

I’d be keen to hear how you guys get on with this. Im still doing quite well online, but figure this might be a way of mixing things up a bit.

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beaser 7 June 26, 2016 at 11:45 pm

I’m interested to hear about this. Obviously the theory of sharbing is simple and I’d Be keen to try it. I’m in the dark about what odds the shops offer and how often they are updated etc etc. Ie. Once you notice a horse steaming do you have time to then pop down the bookie and put a bet on? Or do they update them fairly regularly?

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Dave_Jones 9 June 27, 2016 at 8:14 am

beesty from what people have told me and what I have read on line (check out the sharbing thread over on MSE forums for lots of info), then you are going to find it very difficult to put on large bets (eg £500 E/W) on your selections. If you have lots of bookies near you then it might be possible. Problem you have though is that you will have to check that the odds haven’t changed continually and the time taken to visit several bookies makes the chance of this not happening unlikely.

If as you say you live in a fairly rough area then you are going to stick out like a sore thumb if you go into a bookies and try and put large bets E/W on horses. How often do you think people go into such bookies and place the same kind of bets?

If you are going to try it, start off with really small sums to keep under the radar and see how the land lies as it were. I would be amazed however if you get to the point where you were making the kind of money you have recently made on line.

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