Losing to the exhange

I posted before in some threads about some good lay tipsters who are great to get money out of an account and into the exchange, whether it be for a rollover, to quick a bookie account looking muggy or if in my recent case, there’s far too much money in an account I mightn’t be able to verify properly for another few months.

There’s that horrible law where when you want high odds to lose they’ll win, so I thought of a faster approach than laying a tipster’s lay of the day…. backing the same horse with a bookie that offers the 4/1 offer or the 3/1 offer, AS WELL AS with the bookie I’m trying to lose money out of.. That way if you do win you ‘re up 40 profit from the free bet… it softens the blow a bit.

Sure enough since doing this I haven’t have a winner from over 10 bets and have halved the account I wanted to empty out into the exchange. It’s funny, when you mightn’t mind a winner it won;t come…

Take this with a pinch of salt, it’s not a proven forumla or anything. Just sharing an experience that’s working for me.

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78naD
4

February 11, 2016 at 4:07 pm

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jimkeegan 0 March 28, 2016 at 11:36 pm

Hi this sounds really interesting as Im needing to do the same thing emptying my account – but I don’t really understand what you mean you are doing when you say the following –

“backing the same horse with a bookie that offers the 4/1 offer or the 3/1 offer, AS WELL AS with the bookie I’m trying to lose money out of.. That way if you do win you ‘re up 40 profit from the free bet…”

Does that mean you are putting say £50 on the same horse in a different bookie? Are you still laying off both bets?

Could you please explain what you mean? Thanks Jim

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feltt1p 6 March 30, 2016 at 4:25 pm

On a Saturday Betfair usually run a 3/1 SP freebet if winner offer. This only goes up to £25 freebet.

Say you have £500 in Apollobet, and want to get rid of it.

1. Wait until Saturday
2a. Using Apollobet, back a horse on a race that Betfair are running the offer on.
2b. Make sure back/lay odds and qualifying losses are small (Obviously)
3. Repeat step 2 on Betfair, backing and laying the same horse.

A – If the horse wins, damn you have more money in Apollobet. BUT as you backed it to win at Betfair you get a freebet.

B – If the horse loses, money is transferred from Apollobet to Exchange.

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BestCodsGuaranteed 0 March 31, 2016 at 9:43 pm

I’m sorry to break it to you all but it’s impossible to ‘lose everything into the exchange’ on a predictable basis.

If you had the ability to know how to lose into the exchange, then there’d be no need to matched bet, as you’d simply lay bets 24/7 and make billions upon gazillions of trillions of cashmoney.

Every matched better I know has a negative exhange P/L statement, and it’s something which is just part of the game. Don’t forget, the reason we’re profiting is because we’re exploiting the bookies and taking value from them, that means your bookie account balances are always going to be inflated.

If you want to limit the extent of which your exchange account is drained, I’d suggest covering markets with your lay bets (i.e. betting on draw/win/lose on a game) and trying to match up the green and red numbers. This will reduce the variance of your losses.

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RyanB 14 March 31, 2016 at 9:51 pm

I think everyone is well aware of this @BestCodsGuaranteed I think the post was just referring to if you are going to try get money out of an account to the exchange if you do it using bet365/betfair free bet offer it means if ah damn you do hit a winner you actually still profit from it so its a sort of win win scenario….?

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deathstar 30 April 1, 2016 at 6:19 am

Actually, this is quite a good idea. I get hit a winner on these offers for toffee!
The downside I see is that if you do win, that’s even more money out of your exchange.

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jimkeegan 0 April 2, 2016 at 4:00 am

ah! ok got it now thanks very much for explaining feltt1p ! 🙂

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