Evolution of MB

Gentlemen,

I took a nice break there from things while on holiday in Macau, the gambling capital of the world. Did well at the tables and paid for flights for the family to Japan to extend the holiday further. After I came back I had a peep on here, same old lack of anything happening and the same bickering.

People are right that Matched Betting in the old sense is dying but there’s actually great money to be made in other areas that aren’t as straight forward. A few often mentioned this before. They were right.

Big respect to Beetsy for adding new life to the forum witrh the e/w’ing. I was doing e/w’s before but only for the extra place races (2 a day in local shop) and was hitting that extra place a few times a week. Beetsy’s method is far better though and it’s great to lock in that guaranteed profit too.

After I came back from holiday’s I was MBing mostly in the high street shops. 7 in close proximity (3 firms). I was making a fantastic wage exploiting an inefficiency, until a firm spoted what I was doing and put an end to my custom in that particular method. Same in another shop of same firm. I went too hard too fast in hindsight.

Anyway, there’s still loads out there. Especially in the shops. I’m a bettor first so want to keep my accounts unrestricted, therefore am doing more in the shops, they don’t spot things there if you have a few in close proximity. I got busted in what I was doing in 1 firm because I was sometimes wagering over 2k daily in them.

Beetsy you mentioned you have suffered limited accounts lately and wanted to do the e/w arbing in shop. I know that in Ireland you can have 250 e/w on an Irish horse without it having to be rung up, unless you’re a strange face or you’re placing it on high odds where the firm’s liability is higher. the staff told me that so it’s a good source, not sure about the UK limits though.

The in shop acca refunds are still providing good profit. If anyone is interested what I’ve been doing is usually selecting a bet that I think will lose as first game on the slip and then 4 very low odds on games after. That way I’m usually done with the slip after the 1st game loses and most of the time the other 4 win so I’m collecting that FB. I started choosing 3 different results of same match too on different slips ion different shops. That way 2 of the slips are guaranteed to lose so I’m done with having to lay them off. I’m also saving on commission that way and that’s saving me a nice bit weekly too. I have a strong BR so am doing these in bulk.

Yesterday I spent an hour in a local book and done a few e/w arbs because there were a few suitable races within the hour, made what most would call a daily wage after their tax is taken out. (Bookies in rural Ireland are actually lovely, warm and friendly places so it’s a nice hour. I know some of you would shudder at the thought of an hour in one, I;ve been in bookies in UK cities and even Irish cities and they’ve been full of degenerates and scum).

Anyway, cheers Beetsy for the lift, and just wanted to share my experiences as a few of the old heads seem to be hanging up their coupons which is a share, there still is a lot of the money on the table lads if you can adapt a bit. Footie leagues will be back in 4 weeks and so will the acca offers. Great money in them. The e/w offers and arbs are incredible too.

Cheers fellas

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78naD
2

July 7, 2016 at 10:02 am

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0 July 8, 2016 at 9:23 pm

Nice post, I’m fairly new to matched betting – but I’ve adapted too. I started doing some arbs but putting high stakes on random shit which is risky (luckily never got gubbed). Sharbs is the way forward, football coupons and stuff. I’m not really a pro at it, but it seems to work flawlessly – wish there was a faster way to find sharbs

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Dave_Jones 7 July 9, 2016 at 8:49 am

Nice post Dan, some good info in there and food for thought. Thanks for taking the trouble, your right the forums are fairly quiet nowadays. Beesty has more or less single handedly been keeping things going. I will probably look into sharbing once I have exhausted all main stream bookies. Sharbing not ideal for me though cos I live in a rural location with very few shops in my area.

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beesty2016 3 July 9, 2016 at 9:23 am

Thanks Dan that’s really useful to know. As I’m off on summer holiday for 6 weeks soon it will be a time to really look and study the shops. I can use a similar amount of them within a walking distance and my gym is in the middle. So plan is gym then walk around. I take it when you got banned from one firm they banned you from all of them? Or was it a case of staff identifying you. Personally I feel it would have to be someone clever to think I’m not a total mug.

Will also be looking into the sharbing and accy offers in more detail when the season starts.

Final thing:

I am really tempted to use a 10k float and actually not lay anything. I plan to bet 1pc of my bankroll per bet and review per 2k I drop up or down. I will use the markets to look at the close matches and which selection I should make.

This also means that if a bookie refuses to pay or some crap I won’t get done twice.

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Dave_Jones 7 July 9, 2016 at 11:57 am

@ beesty, I read on some forum a while back (cant remember where) about not laying. The common wisdom at the time was that although not laying would lead to large swings in bank roll, it would be more profitable in the long run.

It turned out that although it was more profitable not to lay, the difference was not all that big, just a few percent difference. Most people were really surprised how small the difference was, and that just for a few extra percent increase in profit was too small a prize, compared to the stress involved with the large swings one suffers when not laying.

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Dave_Jones 7 July 10, 2016 at 8:58 am

@beesty, I have just re-read your post and I think I have miss-understood what you intend to do. I at first assumed you were talking about doing the conventional offers but without laying them but that isn’t what you mean is it.

Can you provide a little more detail about your intentions, I had been thinking of the following after studying this thread:-

1. Follow your advice to select suitable races and candidates in the selected race.

2. Place the E/W bet at the bookie.

3. Lay the win part of the bookie bet at the exchange.

4. Do not lay the place part of the bookie bet at the exchange, but instead let it run.

The thinking here is that as the odds of the place part are in effect a value bet, then over time they should provide decent money. The swings might be quite large, but provided ones bank roll is big enough to handle them, things should work out quite well.

What do you think of the above, and is this something similar to what you plan doing in the shops, but you don’t intend to lay the win part of the bet either?

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