How to deal with wagering requirements?

For these bigger bonuses the wagering requirements I am seeing are for instance wager 7x or 10x.

I got lucky the other day when I did the qualifying bet on betbright of £100 at 1.85/1.96. I won in smarkets but I thought with those odds it could easily have gone the other way couldn’t it.

The thing also is that since my bankroll is only ~200 I can’t be choosing high odds for these big bets cos my lay pot isn’t there. So I have to choose the smallest odds I can meaning they would be more likely to win at the bookies.

So if that happens what is the best plan of action? You just keep matching bets like normal till either you have lost all your money in the bookies or you meet the wagering requirements…whichever comes first? As I write that it really doesn’t change things does it you just keep on bettin’ if I understand it right? ie no particular strategy is needed just keep on bettin.

One issue I could see with that though is if you ran down your whole pot in the exchange and it was all tied in the bookie and you werent able to withdraw. what then! or is that not too likely? With my meager pot it could happen quite easy I think if my liability were large. But likewise with low odds you are still more likely to win at bookies arent you. Hmm so how to deal?

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betman4684
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September 10, 2017 at 8:28 pm

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betman 41 September 10, 2017 at 8:42 pm

Do the big bookie bonuses first as they’ll normally be easier, and give you more ongoing returns

You want a decent bankroll for the bigger turnover ones as don’t want to be messing around with loads little bets.
I personally make sure the value is there then mostly plough through the turnover requirements at close matches on football. Some prefer to try and arb horses, then moan they get stake restricted before completed

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A10 1 September 10, 2017 at 9:15 pm

Have you read this guide:
https://matchedbettingblog.com/topic/a-guide-to-rollovers-playthroughs-wagering-etc/#.WbWcT3rTWhA

You shouldn’t attempt offers with large wagering requirements unless you have the bankroll to cover all the wagering in the exchange.
If you can’t fund the lays and can’t complete wagering requirements you could lose all your money in the bonus funds ( which as you’re matched betting will include the money you lost from the exchange).

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betman4684 0 September 10, 2017 at 9:31 pm

Well I have been looking at bigger ones because I kept getting alot of itty biggy reloads of £5 and would end up with only like £2 profit after the qual and bet :P. But it’s getting better the last couple since I found very close or arbs.

I spose in between at about £20-50 is best at the moment.

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Dave_Jones 9 September 11, 2017 at 8:33 am

@ betman4684 its a really, really, really bad idea of going for a £100 bonus with just a £200 bank roll. You were extremely lucky the other day, the odds you quoted mean that more than half the time all your money would have ended up in the bookies and not the exchange.

There are plenty of much smaller offers you can do in order to build up your roll. Just look at the right hand side of this screen. Lots of people are in too much of a rush when it comes to match betting, they take on too big a risk with the size of their bank roll.

Build up your money slowly, concentrate on learning all you can about match betting, even though its nothing like as good as it used to be, there is still plenty of money to be made before most of your accounts are gone.

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betman4684 0 September 13, 2017 at 11:58 am

How do you calculate percentage from odds? would be useful to know for future.

Ok since making the thread I woke up today and I won at netbet :(. Not too bad at £60 and x3 wagering but the not so good part is that the free automatcher I have been relying on shows totally inaccurate matches for netbet for some reason.

So having to do each one manual I will be losing the £1.50 or so each time and will probably end up breaking even at best. As my bankroll is so small, upon the advice above, it seems best not to try and wager all the £60 at once and risk winning again and everything getting stuck in there. I am thinking £30 x 2 bets. Maybe I will clear a couple of quid that way unless anyone else has better suggestion.

It will still be a good experience of the dealing with wager reqs.

And regarding odds I should be picking as high as I can afford while leaving enough in case of a win at bookies right? so up to about 50%? which would be ~£125

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Dave_Jones 9 September 13, 2017 at 9:05 pm

To calculate percentage from the odds just divide the odds into 100. For example lets say the odds are 2 then the percentage chance of the event happening is

100/2 = 50%

If odds are 1.5 then we get 100/1.5 = 66.66%

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RyanB 14 September 13, 2017 at 10:55 pm

Not being funny but if you don’t have enough funds DO NOT do the rollover offers.

1. You could end up losing a lot of money
2. Less important but you’re restricting yourself to lower odds, thus lower profit, when you could wait and do them in the future.

There is plenty of bet x get x sign up offers to build up a pretty decent size bank roll before you even start to look at rollover offers.

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