Sportingbet Welcome offer Help
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Hi, I just need a little advice with this first £10 welcome offer.
I understand now its bonus cash and not a free bet however that’s after I’ve treat it as a fb!
I backed a horse @ 5.5 and layed at 5.6… thinking id make a tidy £7.90
The horse has won and now I have £55 in the sportingbet account.
Am I right in the following workings…
Back bet won – £55 (winnings plus stake returned) – £37.06 (liability) = £17.94
or do I still have to minus the initial stake?
I wondering now… Have I actually benefitted from this? I know I have to stake the £10 two more times in order to withdraw… What do I do?
+0April 25, 2016 at 6:22 pm
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Was the horse 5.5 & 5.6 your first bet qualifying for the bonus/free bet? Need more info!
+0No Ryan, I had already made a qualifying bet on Saturday. This was the first with the bonus cash.
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Okay whats happened from what I can see is your liability on the stake was only £37.06…that is because you set the calculator to free bet and not SNR..youve benefited!
+0excellent! so is the idea now to just extract 80% on two more £10 bets? or would it be best to wait for more offers?
thanks a lot for your comments
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Garbage offer mind mate… You’ve done well to come out as well as you have!
+0Yea I realised that when I found out it had to be rolled over 3 times. I had hoped to juat secure the funds in the exchange.
I’m only 20 days into matched betting. Think I’ve done ok so far. Member of 11 bookies though the biggest 365 I was already a member so didn’t take full advantage. Made 360 quid profit.
I’m looking into 2nd place offers next but I know you need plenty funds in the exchange for that.
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Be selective on those 2nd place refund offers. It’s horsey tomfoolery that get you gubbed imho ;)
Oh, and congrats on the profitable start to your MB career :)
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Ah right, certainly don’t won’t a grubbing!
Could I ask what you tend to stick to and what sort of monthly profit you generally make?
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I went after 2nd place refunds in a big way at the end of 2015 and into 2016, first Paddy then WHills and Laddies and made good money from them. In hindsight sticking to Saturday C4 races would have been wiser than doing say 3 or 4 races from some Mickey Mouse weekday meeting at Catterick and the like.
Eventually it catches up with you though and I’ve since lost both of them and Laddies too. Nobody really knows what gets you gubbed, it’s not an exact science, but beating SP continually, which often happened when I did the horses, is often held up as a key contributing factor.
So too is just doing bets where there’s an offer on the table though, in any sport whether that’s footy, horses, rugby… and also always going for the max stake. It’s all about blending in and going unnoticed imo.
Even being careful, £500 per month is relatively easily achievable though (don’t remember the last time I didn’t clear that much), just that you have to be prepared to use less high street bookies nowadays and more firms like Betstars, 188, 10bet and the like…
When the gubbing emails do come though, there is always the option of fresh accounts (plenty threads on here about that) :)
+0Thanks Tony that’s great advice! I’ve been with the likes of bet365 for a few years as a punter. They owe me at least a grand I reckon lol
I still enjoy a punt so thats what i’ll do. Plus the more you ‘lose’ the back bet, the more likely you will get to keep your accounts I guess.
It’s wonderfull world I’ve discovered…
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