Doing MB for friends?

Hi everyone! I’m pretty new with matched betting, but I have the basics down. Only problem is that I am a student living at home, and my dad is a bettor – meaning he has already used quite a few bonuses. He doesn’t do matched betting but still earns a lot of money (just from being really good), and I don’t want to risk his accounts by opening up more accounts under the same address. I know bookies have limitations when it comes to the number of accounts per household and/or restrict bonuses to one person per household.

I have about 1.5 years left here before I move out and get my own place. I’m still very intrigued by matched betting and I would hate to wait that long to get started. I know it’s frowned upon to talk about playing for friends/family in some forums, but there seems to be quite a few posts on it here so maybe it’s more accepted here?

Anyway, I have friends/family that are willing to let me use their information to bet with. These are friends/family members that would never in a million years go betting on their own. I was planning to bet using my cellphone as a hotspot (and connect my laptop to it) so that the IP won’t remain the same. My plan was also to use prepaid cards to deposit money into different betting sites (to avoid having to use my friends’ cards). That way I can do “all the work” without having to involve them all the time. I am also of course planning on using my own money so that they don’t take any risks. The winnings are also tax free so I wouldn’t have to worry about any complications there either.

So, my question is – would I also have to created separate Smarkets accounts and separate e-wallet accounts (I’ll probably use Neteller)? I have never withdrawn money from Smarkets so I don’t quite know how it works. Would I be able to use my own Smarkets account, and deposit money into my own Neteller, and then use my own Neteller do deposit money into bookies?

Any tips?

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Aryah
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September 29, 2017 at 10:21 am

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Mr Crispy 29 September 29, 2017 at 5:39 pm

You don’t need a separate Smarkets account, you can use your own.

I only use paypal so don’t know if Neteller works differently but with paypal you need a separate account in the name of whoever you are betting on behalf of. I’ve had bookies request a paypal screenshot before showing “my” details.

This sounds obvious but make sure you have a copy of their passport/drivers license and a recent utility bill bank statement showing their address before you start, it will get requested at some point and it’s a pain if they’re on holiday or you find out that they bin all their bills as soon as they come in!!

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Aryah 0 September 29, 2017 at 7:46 pm

Thanks! (I clicked the wrong button and somehow reported you for inappropriate content… sorry!). For me the biggest issue I have with verification is that utility bills / bank statements don’t come in the mail here. Everything is online, usually. So I’ll have to ask my friends/family to order a statement etc., which unfortunately comes with a nasty fee.

The reason why i thought it might be a good idea to use Neteller is that I need a way to easily access money I transfer from bookies without having to use their bank account. I did think about PayPal too, but many of my friends already have PayPal-accounts they are using regularly. I did look further into Neteller and yes, I’d need to set up an account for each and every one. Which is fine. I realize now I would not be able to transfer money from Smarkets –> Neteller –> bookies (or the other way around), but it’s not as bad as I thought as I can just use the money I already have in my Smarkets account.

I’m still really not sure of what would be the best way to transfer money from bookies when I can’t use friends’/family’s bank accounts. That’s why I’m guessing I’ll need some sort of e-wallet, but I feel like there are fees everywhere and I have no idea how I can avoid some of / most of them…

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Mr Crispy 29 September 29, 2017 at 10:29 pm

Hah no worries… I don’t think I’ve been reported before!

Most banks will send a statement for free.. they might be able to print one out in branch too. Or if you can generate a statement online which shows your/their address, do that, print it out then scan it in again (that worked for me before). You should be able to get something without paying anyway.

Funding the accounts is annoying though, a decent number of sites don’t accept PayPal. Asking your friend to deposit from a debit card for you is a massive pain.

Also, how many people are you thinking about betting for at once? I found it too confusing to do more than one at a time as my record keeping wasn’t thorough enough!!

I’m not techy so this may not be accurate but I read somewhere that some sites can recognise your device… So now I have a new device for each person and not on WiFi (as you mention)..

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Aryah 0 September 29, 2017 at 11:59 pm

For some reason banks here stopped sending out statements for free a while ago. I asked two of mine today and the first one said they didn’t even offer to send them out by mail anymore (and couldn’t understand why I’d possibly need that anyway), and the second one would do it – but would charge a £9 / 100 NOK fee. I even tried the “trick” you’re suggesting with printing it out myself and then scanning the document, but according to website I was trying to become verified with it was STILL an electronic document (…and I even folded the sheet in half in an attempt to make it look like it was sent through the mail). My bank told me there is a difference between the statements they send out for a fee and the ones that are available for free online, but they wouldn’t tell me exactly what. Anyway, I did order an address verification from the government (for free!), but I wouldn’t be surprised if that’s not good enough either.

I am only planning on betting for one friend/family member at a time. I have a feeling more possible “helpers” will emerge when they see that former “helpers” actually get money out of it. And I checked everything with taxes and all, and will make sure I keep records of everything in case the government wants any proof… I don’t think it’s likely they will, but I’d rather just be sure.

Yeah, I’ve also read that some bookies record your MAC. Some say they use it for profiling, some say they don’t. I honestly think it’s weird if they don’t. If I were a bookie I’d definitely use it! There are actually apps and software out there that can temporarily change your MAC on both computers and cellphones, so I’m hoping that’ll be okay. If I’m connecting my laptop to WiFi through my cellphone I’m guessing it’ll be just the MAC of my phone that will be up for grabs though, so I doubt I’ll have to use a software/app to change them both. Hopefully!

Not sure what more can be done. Removing cookies? Using incognito mode? Using one browser for opening up Oddsmonkey / Smarkets, and a separate browser for the bookie? Apparently one should make sure iesnare hasn’t ended up on your computer but I have no idea as of now how to do that (I’m sure Google will tell me, but it’s 1 am and my brain is not working).

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Mr Crispy 29 September 30, 2017 at 10:04 am

It seems like you’re pretty clued up already which is a good sign for your matched betting career! So you’re in Norway? The government document would work for verification purposes in the UK so fingers crossed for you.

The seperate browser idea sounds good, no idea if it would make a difference to anything but it sounds sensible.

I bought a 4g tablet, which I used to place bets for a friend. When i finished betting for that friend I cleared the cookies, history etc and opened an account on the same tablet for second friend with one of the bookies I had used for the first friend (which had been gubbed and restricted). I placed one bet (which lost) on the new account before my account was restricted. After that I factory reset the device before I registered with more bookies and that seemed to work ok but now, I’ve gone for overkill and will just use a new device for each person..

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Aryah 0 September 30, 2017 at 11:12 am

Yes, I live in Norway. Matched betting is not very well known or common here, so we quite a few good deals – the biggest ones offer 100% welcome bonuses up to £930 (10 000 NOK). All winnings from within the EU/EEA are completely tax free as long as the winnings are from games also offered directly in Norway (so sports betting is completely fine). If you win under 100 000 NOK a year you don’t even have to mention it on your tax return (meaning none of my friends/family will have to put anything on theirs at all). The only risk is if they think I’m doing betting as a “business” – then you’ll have to tax. But I doubt they’ll do that as long as you have a regular job during the daytime.

I guess using a separate device for all accounts would be the very best option just to be on the safe side… I’ll have to check if the changing-the-MAC-thing will work first… How much of your profits do you let your friends keep? A set amount per month, a set percentage…?

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Mr Crispy 29 September 30, 2017 at 1:41 pm

I give them 25%.

When I started I posted that on here and the general impression was that 25% is generous but, I’m happy with that so that’s what I do.

Also, if your friend is going to know what is going in and out of their accounts, it’s worth hammering home the point that the profit in their bookmaker accounts doesn’t necessarily bear any correlation to your overall profit. Your friend sees that their accounts are up £5k but don’t see that your exchange is down £4.9k so when you tell them your profit is only £100 they may not understand!

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celtichothead 0 November 10, 2017 at 3:36 pm

i always get my friends to set up a new bank account where i keep the bank card and have online access to the account also so i can swap money from my banking app between my bank account and my friends.i also buy a £50 tablet to do the offers on.

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