Not matched betting but…

  • Does anyone do anything like this as I need advice if this sounds a good idea?

    place a double (or more) at a bookies
    The first selection needs to finish before the second and needs to be certain to lose
    The second selection needs to be certain to lose
    Add more selections like selection 2 if you desire
    Lay first selection for the amount that would be returned if the first selection but the amount inflated by the odds of the double/accumulator

    Example:

    Double: leg 1 at 10 and leg 2 at 1.5, total odd 15.0, bet £10 would return £150
    Exchange: leg 1 lay for £15, risking £150

    We *should* make £5 profit if leg loses or get our money back if log 1 and 2 win. I know I have not factored the exchange commission, but could this work?

  • 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.

    Tony S 7

    You haven’t factored in any variance in exchange odds compared to bookmaker in shop odds… This is just gambling imo… The whole “certain to lose” rings alarm bells

    +0
    JoeBloggs 0

    Thanks Tony… I think you have the same concern as me.

    +0
Viewing 2 replies - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.