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  • I’ve been matched betting for a good month or two, had no problems with signup offers and still have a few more to go as I build my bank. One signup offer is puzzling me though, maybe I’m an idiot but I need someone to clarify what’s the best way to extract profit from the current Bwin welcome offer. https://promos.bwin.com/en/lp/7176_P_Generic?wm=4470199&bsbd=1&tdpeh=S1473265486_ADOGOe_AGI1113_ADI201532_TID2039862_DVCc_RFDd3d3Lmdvb2dsZS5jby51aw%3d%3d
    Up to £50 matched bonus for new customers, however in the T&Cs it states that bonus and deposit are “withdraw restricted” and must be wagered 3 times before being able to withdraw, i.e, I must bet £300 worth before I can withdraw both. Considering half of my balance is my own money and half is a bonus, how do I extract profit from this? Sorry if it’s obvious, I’m just struggling atm.

    Appreciate the help

    +0
    jkarim97
    0
    September 7, 2016 at 5:31 pm

  • New to matched betting?

    My Matched Betting Academy is the best place to get started. Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.

    Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.

    deathstar 25 September 7, 2016 at 6:10 pm

    you just need to treat all the balance as your own money. Because it has a rollover you get your stake back. so just keep wagering through until your balance is gone or you complete wagering requirement (at or about the minimum odds required – better check)
    HTH

    BTW when I click that link it directs me to a £30 bonus (which expires 01.01.2100! so we’ve got about 84 years to get round to it!)

    +0
    jkarim97 0 September 7, 2016 at 6:40 pm

    Ok, so I just treat this as a SR free bet? And yh now I click the link it reverts me back to the £30 welcome bonus, but there is definitely a £50 one too.

    +0
    deathstar 25 September 7, 2016 at 6:57 pm

    yeah just as SR (or on the qualifying bet settings on Matts calculator).
    general rule of thumb is rollovers are SR and straight free bets are SNR. Only exception I know is Betvictor who has SNR AND rollover for free bets. which is just rude in my opinion.

    +0
    jkarim97 0 September 7, 2016 at 7:54 pm

    Ok, thanks for the clarification of this offer, seems so simple after all. I guess the earlier you lose at the bookmaker the more money you will win out of this offer. Hope luck is on my side 🙂

    +0
    deathstar 25 September 7, 2016 at 8:13 pm

    before you start, you could underlay a little to compensate for the rollover. that way if you bust out you will gain a bit less but won’t have to go through wagering and therefore losing a bit each time. Have a search in the forums for underlaying for more info

    Good luck

    +0
    jkarim97 0 September 7, 2016 at 8:54 pm

    How would I work out the underlay?

    +0
    deathstar 25 September 7, 2016 at 9:20 pm

    have a look here
    https://www.trickybet.net/lay-calculator
    fill in the details and use the slider at the bottom to see what would be acceptable to you, its a matter of personal choice really. Personally if the odds were close enough I would lay so there’s no loss or even a bit more of a profit if the bet wins and a couple of quid down (but done with the rollover) if the bet loses. you should also take into account whether you think the team/player you bet on are likely to win or not, but of course the underdogs do win sometimes. so it’s up to you. have a play about with the numbers and go with what you’re happy with on either side.

    +0
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