Matched betting profit
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I don’t know if this has already been done, I have been using this forum for a while now and see regular posts about members earning £500 – £700 and even £1000 profit a month.
I’m struggling to clear £200 (which I am still extremely happy with) just wondering where and how the extra winnings come from haha!!
+0October 12, 2017 at 10:48 am
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New to matched betting?
My Matched Betting Academy is the best place to get started. Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
Generally horses – mb2nd, extra places, eway arbs
If you keep reading and learning you’ll go past 200 with a clean set accounts easy
Off the top of my head 30 a week on the weekly offers, another 30 on the Ladbrokes/hills daily boosts (very conservative), 10 on other boosts (e.g. fred/hills), 10 on mb2nd and you’re up to 300 a month with not so much time/effort.
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Its straight forward really. Every offer has a value, and an effort.
For example
acca insurance is usually worth at least 10% of you stake, and takes about 20 minutes to do. So dafabet max stake is £30 so 20 mins = £3. Some used to do £50 stakes and better terms and an acca there could be worth £10, not sure if this offers are still about.
Bet365 4/1 offer is worth about £5 and takes about 10 mins to do.
Basic offer like matt has blogged with Coral bet 25 get 10 is worth about £7 and takes about 20 mins.
A skybet arb on the US racing is worth about 20% of you max stake and can probably find 2 to 3 good arbs per hour. So if you can stake £20 then can probably make £4 x 3 per hour.
An each way arb as well is worth a percentage of your stake and generally can potentially get big enough stakes on so to do one could take an hour between analysing the races, monitoring the odds, waiting to lay etc. But could be worth £50 if you can stake £100 ew and there is the right kind of race available.
So if you want to make £600 per month then you have to pick up £20 in value per day which could be the two feature races on bet365 (£10 for 20 mins) a dafa acca (£3 for 20 mins) and a basic offers (eg Coral bet club, £7 for 20 mins). That’s an hour per day there and gives you your £20 value. If you have more time do more offers, make more money.
Also need time for keep up to date with offers, reading forums, checking sites. And also maybe some time for research into your own strategies. Time logging profits/bets etc.
+0My personal view I wouldn’t recommend trying to hit the 365 4-1 offer too hard. Read cases of people who pick up a few quid for several races then get restricted after a few winners
By all means do it a bit but the real 365 value is on the each way bets when you’ve mastered that
+0Most members here are multi-accounting. Lot’s of advice available on how to do this.
+0Is there a point multi accounting before you can make 4 figures in a month?
+0Thanks for the advice brilliant as usual.
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I did the 365 4/1 offer for about 9 months before getting restricted. Pretty much every day, weekdays and weekends.
But the important thing is to have an idea of the value of an offer, like how often it pays out and how much. Some offers will suit others more or less. Some ppl like horses, some football acca’s, some ew arbs, some like guaranteed offers, some like ones with potential big payouts. Depends on the time you are free and flexibility ….
More offers = more money.
+0Fair enough that’s a decent return on the 4-1.
Other posts I’d read the impression was given you wouldn’t last past a streak of a few winners in a short space…. But we know ppl exaggerate and also restrictions are random!Whatever way 365 accounts are goldmines and well worth getting the value from before you multi account on sign ups
+0I’ve been concentrating on extra place offers on Coral/Ladbrokes using a few accounts over the last few weeks with decent success.
I’m getting effective odds of about 20-1 on each one for around £5 risk (betting to win about £600 if the horse wins) when the true odds are about 12-1 (gambling a bit of the place on some of them if I think there is value).
+0This post is right up matchedems street, where is he?!
Think he’s had a meltdown since he learnt how commission works – working out how much profit he’d lose if he spent the time correcting his detailed records!
+0I think there are two main points – 1. How much time do you have? As FOG touches on, the more time you spend, the more you will make. And 2. How long your accounts will last (ignoring multi accounts). There are definitely people out there making a lot more than I am! I’ve been match betting since around Feb 2016 and have been averaging around £250-300 per month.
Although I achieved around £750 during my first Cheltenham with a clean set of accounts (and at work) and £1,000 at my second Cheltenham (having taken the week off and without a lot of the ‘big’ bookies).
I don’t have too much time at work during office hours in the week to place many bets, so it’s only a few EW bets if the times and liquidity suits. So it’s mainly evenings and weekends for me. I’m amazed at how much time some of the guys on here have during the week!
If you put the effort in, you will make more. I made just short of £15 from a £25 EW bet yesterday on Sonic Wind in the 1.55 @ Ludlow that I was checking every 30 mins or so on my phone at work throughout the morning. Whereas I made more than that on an arb at Titanbet in the evening which took me a couple of minutes to place (albeit I doubt my account will last long doing this). It can vary a lot!
In over 18 months of single accounts, I have only Sky, Hills and Betvictor of the ‘bigger’ bookies left. All the others are gone. Gubbed with Coral ages ago but sill not that restricted. Making most of my money from arbs, boosts at lesser know bookies, a few EW arbs and ACCA insurance.
The biggest bookie wins for me have been at Bet365, 888 sport goalscoring promo last year, the old MB2nd’s and betfred/totesport boosts.
There is some great advice on here, but you have to accept that eventually, your accounts will be closed sooner rather than later. Take the value, while you can.
+0Money is still there to be made it’s just a lot harder than what it was. If someone is new then they really would struggle. It’s just a case of now it’s a big competition between Everyone to gain the value that is out there.
Some will give up whilst others see it as part of the game and will carry on.
The one biggest thing that has changed is in a matchedem phrase it really is now a dog eat dog world. I love that everyone can make money off the bookies but times have changed where we all can’t be together cheering on 2nd places and 3/1, 4/1 winners along with fallers extra places. 2nd, 3rd and 4th to the fav along with cheering on distances of winners or photo finishes.
It’s a shame and hopefully over time things will get easier again as more and more people are shafted out the game and give up.
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