Getting all the facts right

Recently I came across matched betting, there’s a lot of great information out there, more specifically on matchedbettingblog.com. There also others, but some are not free. I liked this site because it has a great community. So after searching about anything that would help me I ran on tutorial given for Coral and Betdfred, but they are only for UK, I am from EU. My request is if you could please show me some pointers to get started with, so I don’t do stupid mistakes.

Currently I understand the basics like the ones that are explained on the site (free bets, risk-free bets,…), but if you could tell me some tips about what to watch for. For examples not all free bets are the same somewhere you need to make extra bets in order to then withdraw money… also speaking of deposit and withdraw, I understand that for the first offer you usually need to deposit from bank account, but if you do that can you than withdraw to skrill and than procceed to operate from there?
Next question 🙂 mug bets, do I try to lose them or do I go to site like okeyno or oddsmonkey and search where there are lay odds lower than back?
Also as Coral and Betfred don’t have sign up bonuses for outside of UK, should I anyway sign up there after I get money (for some kind of daily offers)?
Lets say I have 100€ maybe max 120€ how should I allocate money regarding to bookmaster and bet exchanger? And can I then the money I won withdraw to use for next sign up offers without rasing suspicion or should I let that money stay there at the bookie and deposit out of my own pocket for the next offer.

I would really appreciate your help. Any tips on tricks that bookies use that I should know so I don’t mess up offers would be more than helpful.

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smilex7
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July 30, 2016 at 9:15 pm

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smilex7 0 July 30, 2016 at 9:19 pm

Oh also those that are from EU. Which currency do you use euros or pounds? Because if I’m not mistaken some bookies have offers that are like this £5=€5 which means you get more bonus in pounds.

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deathstar 30 July 30, 2016 at 10:15 pm

Hi Smilex7 and welcome.
I am in the UK so can’t really help you on the EU stuff, but there are some people on here who might be able to.
As for your other questions – there are two types of free bet, one that gives you your stake back and one that doesn’t. Usually the ones that give you the stake back expect you to rollover the winnings a certain amount of times. this is the wagering requirement. these can be done by normal matched betting but check what the minimum odds are for completing the rollover.
The other type is where they keep the stake money they have given you as a free bet. these are done using the free bet settings on the calculator. you don’t usually have to rollover before you can withdraw.

Bookmakers are required to withdraw back to the method that you deposited with, so if you put money in with a bank card, it will come back to that bank card. once that has been done though you can add another payment option like skrill or paypal but you will have to deposit first to prove its yours.

I would put just enough in the bookies to cover the qualifying bet and the rest in the exchange. always make sure you have enough in the exchange to cover all the bets you might have to make while during the rollover. for example bet365 has a bonus of deposit £200 get £200 which needs rolling over 3 times so you need at least £1200 to get through that safely.

As for mug bets, just find some close-ish odds on big events (like your national football team, or big league games) and always lay. try not to bet on anything that is too vague like women volleyball or polo or something, and try NOT to take arbs (that’s where the lay is lower than the back) as these will flag you up.

HTH and good luck

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FoG_BLoG 59 July 30, 2016 at 11:09 pm

Hi smilex. You are right you are better having your accounts in GBP. I cottoned on to this after my first couple of accounts so now I have some in Euro and all the new ones in pounds. Sometimes confusing when your backing and laying in diff currencies but no biggie.

As for keeping money in account I used to leave the balance there only withdrawing after I’m finished fleecing the bookie or gubbed. These days I don’t mind. I’ll deposit at the start of the day and at the end withdraw the whole balance, ready to deposit again whenever another offer comes along. It’s just personal preference whatever way is easier to keep track.

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smilex7 0 August 1, 2016 at 3:42 pm

Also how is it with IP if your are not home as when college starts I will be in college dorm. Should I set up my private VPN?

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deathstar 30 August 1, 2016 at 5:13 pm

you really do need to sort something out about going to live on a campus. Bookies are very hot on ISP addresses and if you are sharing one with lots of people that will look extremely suspicious to them. I don’t really know much about VPNs, but it might be an idea to email them and tell them your situation and hopefully they will take it into account. Then again, the very fact you are a student may go against you.

I think there are a few students on here, hopefully someone can elaborate as I don’t really know what the best thing to do would be sorry.

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Sunny 2 August 1, 2016 at 6:11 pm

I’m a medical student, but I’ve only been matched betting for the past few months and I only lived in halls in my first year, been privately renting with friends since then (4th year now).

However, I did live out in “halls” for 10 weeks from Apr-Jun this year as part of a placement away from my usual uni campus and hospital. During that time I was matched betting, as were my flatmates there, but I wasn’t gubbed from anywhere specifically during that period. I didn’t use a VPN or take any precautions.

However, that’s just my experience, anecdotal at best. Any other students here who’ve had different experiences?

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Dbb 4 August 1, 2016 at 6:56 pm

id use a mobile to do any bets if you are on shared internet, some bookies can and will exclude you from promotions for it, smarkets is fine on shared connection though.

I recently had dafabet refuse to honour they wales euro match promo for a £25 freebet, when i questioned it, it was because i had logged in from shared internet at work, i got the bet credited when i threatened to go to ibas but at the expense of a gubbing (no big loss really)

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Dave_Jones 9 August 1, 2016 at 9:59 pm

Hi smilex7, you have had some great advice. I would only add the following, start out with the smaller offers even if you have the float to go for the bigger ones. The reason is, you can read up all you want on matched betting, but unless you are either very lucky or exceptional. You will make mistakes when you first start out, and its better to make mistakes when chasing small sign up bonuses rather than going for the big ones.

The soccer seasons are soon to start around Europe so its a good time to get into it, good luck and take things slow and steady to begin with.

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