Preparation for Cheltenham

  • Can you believe it but Cheltenham is only just over 6 weeks away.

    I was pretty new to matched betting this time last year and felt that I missed out a fair bit as I wasn’t properly prepared. I still came out with a few hundred quids worth of profit, which wasn’t bad for a starter but could have been more.

    Given what I learned from last year my advice to newbies would be:

    – Sign up to as many bookies as you can in advance
    – Try out some of the horse racing offers on a weekend before Cheltenham so you understand how to play them
    – Make sure you’ve got a decent float ready in your exchange
    – Try to get organised, and create a system to what you’re doing. There’s so much going on that it will be a hectic few days so having a plan of attack will really help you
    – Try and relax and enjoy it!

    Which offers were particularly lucrative for you last year? How much did you profit? What was your biggest mistake?

    I’m keen to make as much as possible this year so any tips would be welcome!

    Martin

  • 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.

    Col 1

    Just read through this thread and there’s a lot of talk about having a decent amount of capital (1 – 10k float) for the week. I have about £500 across my various accounts, any tips on where to focus my efforts?

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    betman 41

    Getting withdrawals in asap so your £500 clears by tues
    You can deposit in zero time, but u don’t want funds in the wrong place for the offers come tues

    If you’re that limited target the easy bucks. For now the sky first race refund is guaranteed cash. If you are low on capital then doing the paddy mb2nd in the same race shouldn’t require any more exchange funds as you’re hopefully backing a different horse at a shorter price.

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    matchedbetsjon 0

    what do you mean betman ? are you saying that you would lay the shorter price horse in paddy mb2nd ? and if so why

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    betman 41

    Sky is money back if u lose, so longer tighter odds are better.

    Mb2nd u want to give urself the best chance of coming 2nd so want the horses that are going to be thereabouts at the finish

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    matchedbetsjon 0

    oh right yeah thought you were talking about not laying the shorter horse to save exchange funds. Cause ive seen somewhere where your total liability is only as much as your highest and thought it was something to do with that and taking advantage off both offers together meant you didnt have to lay the second horse, cheers though

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    betman 41

    Yes i was suggesting to combine offers to save funds exposure, but u still need to lay the right horses.
    If u lay a 6-1 horse then at level stakes u can lay other shorter priced horses without needing more exchange funds.

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    Bazza74 5

    Good idea is to start drip feeding your exchange accounts and bookies accounts now. Because come Tuesday you don’t want to be in a position where you need to deposit £200 notes in to your account and your bank declines the transaction.

    Good luck everyone and i hope you make a few quid. And don’t lose to many accounts. ?

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    betman 41

    Exchange yes, but I don’t want to tie up unnecessary cash in bookies accounts.
    Should be able to deposit when u need, I’d say you’ve got matched betting issues if u can’t deposit £200 in one go

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