1. I am not doing sign up offers any more. Restricted to Bet365 offers and a few more from smaller bookies. Takes a lot of work to keep the profits going, can’t really afford to miss any offer or any race.
Take Bet365 for example. 2 races per day and 8 more on saturday = 22 races per week. Or about 88+ per month more if a big festival is on. Each race is worth £4 or £5 at least. So that is £352 profit there at least and probably more especially if there are big festivals on. They also offered an existing customer deposit bonus and a bet 50 get 50 football offer this month which together was worth about £140. Then they throw in a loyalty bonus that is worth £15 per month for me usually. Then every weekend they have Extra place races which if you are lucky to hit the extra place could be worth another £100 or so… All in all you can see about £500 profit there per month but as you can see you cannot really afford to miss any race if you want to maintain that.
Then add in regular boosts from Sky and Boylesports and Paddy. Then add in the other regular offers esp the paddy power money back football offers (can guarantee at least £10 to £15 per week on these, which you can multiply up by getting around to do them in shop too). Actually just have a look at Matt’s profit log https://matchedbettingblog.com/matched-betting-profit-log/. These don’t include sign up offers or horse racing offers and still totalling a few hundred every month.
Profit log profit per month so far this year. Of course this will be reduced as you lose accounts. For example if I take out the bookies that don’t offer me offers any more the 500 profit in August is reduced to 100.
201601 881.99
201602 802.51
201603 923.31
201604 609.44
201605 699.11
201606 1168.29
201607 482.97
201608 511.17
2. I haven’t joined oddsmonkey yet. It is probably worth joining for their odds matching service, something you don’t get on here. But with horses odds are changing so quick close to the off that you are better just opening two windows and comparing. But I think its worth it in general for getting best extraction from free bets. Just I never have – I am probably losing £15 per month by not getting optimal free bet extraction. Mneh.
3. I don’t believe in mug betting. I haven’t kept a lot of accounts. The one that I have kept long than others is Bet365. I don’t mug bet on it. B365 is more tolerant than other bookies. But I also think what has helped me is that my qualifying bets and free bets are all on horses about 4/1 to 6/1. It shows a pattern of a betting that would blend in with a mug bettor that’s quite conservative. If my qualifying bets were all 4/1 and my free bets were all 10/1+ for max extraction then I think it would stand out more as a matched bettor account.
