Winning streak at bookies – help needed!

Hi guys!

I could really use some help and advice on how to extract money from 2 bookies I’m signed with. Maybe it will be of some help/warning to others.

Background:
I signed to sportsbetting.ag (SB) and betonline.ag (BO) over a year ago. I did their bonus offers without problems. Then I used the reload bonus or something like that (can’t really remember after a year) and now I am screwed because most of my bets won. I just returned to betting after taking over half a year brake and I immediately won another 3 bets 🙁
Now I have $3810 at SB with $12000/$27930 rollover and I have $1800 with $1805/$98056 rollover at BO (yes, almost $100K rollover).
I have no idea how the rollover at BO got that big, I probably used another offer there and rollovers added together. And I have just €180 left on matchbook.com (MB; yes – I do conversion from $ to € while betting). So basically all my bonuses are eaten up at that point and money I have at both bookies and MB equals to what I initially deposited.

Questions:
1. What are my best options here to minimize my losses (especially at SB since the rollover is smaller) and get back as much of my money as possible?
2. Am I correct that $1800 at BO with almost $100K rollover is pretty much lost? I mean if I lose at bookie it would be end of story, but if I keep winning like I currently am I could end up with more money stuck at the bookie and commission would eventually eat all up of those $1800.

I need your help guys!

Thanks you,
Chris

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lsr
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August 28, 2018 at 12:29 pm

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bbobb 24 August 28, 2018 at 1:07 pm

You are probably going to have to gamble it all.

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dan42 9 August 28, 2018 at 3:12 pm

I’m not familiar with those companies but you shouldn’t have dealt with companies with 100x wagering requirements, or anything over single digits to be honest, but that’s beside the point now.

You need to look at the minimum odds required to clear these bonuses, if you’re lucky they might be low like 1.2 or 1.4, but judging by the ridiculous wagering they’re likely going to be evens or above.

If these two companies are separate, you could play them against each other, on something like BTTS or over 2.5 goals and hope that the bet wins in the SB side which has slightly better wagering.

You could then pick something which is relatively 50/50, again like BTTS, or just anything evens on the site, and make lots of small bets, such as £20 x 100 bets, rinse and repeat this every week until it’s cleared, if you’re lucky you’ll retain a good chunk of the money in the accounts. (It doesn’t really matter what you bet on, if you just cover lots of things you’ll end up around even, assuming they don’t have really bad odds)

I wouldn’t use my exchange to lay against such companies, they will likely restricted you and you’ll have thrown even more good money after bad.

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Col 1 August 28, 2018 at 7:20 pm

Was reading the T&C’s of both these sites purely out of curiosity and they are pretty brutal on the bonus rollover requirements. 100% bonus up to 1000 AUD with a rollover requirement of 14x (deposited amount + bonus) that has to be wagered in 30 days.

Nevertheless, 100k doesn’t feel right, I would get onto their chat and get them to specify the exact numbers for you, at least then you can start chipping away at it.

Good luck!

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lsr 0 August 28, 2018 at 10:13 pm

Thank you for the answers guys!

@dan42:
Yeah, that’s 100% my fault – I get carried away after quite easily clearing the 1st time deposit bonus (which also had high rollover requirements) and I thought it would be as easy again. As far as I know both these companies are reputable bookmakers (checked them on SBR).

@Col:
I talked to consultant on their chat today and it seems that rollovers from different promotions add together. I used at least two promotions there for max amount, so it’s about $2000 x 14 plus another $2000 x 14, so I think it’s at least $56k :/ But I’m going to contact them again and ask for details.

From the T&C’s I understood that besides meeting rollover amount the only other rule is that the lower amount is counted towards the rollover.

Taking above into consideration – could you please verify if my thinking below is correct:
My current rollover status at SB is $12000/$27930. So I have roughly $16k left to roll over. In the worst case scenario I will be losing money on exchange and keep winning at bookie until I eventually clear my rollover and will be able to withdraw the money.
So if I keep betting and laying teams where total loss regardless of the outcome is small, like 4% or less, then in total I will lose at most 4% of those $16k I need to roll over, which equals to $640. Is this correct or am I missing something?

Also which way of betting would you consider better (if there is any better):
1. Betting on small odds like 1.2 – 1.3 etc?
Pros: small liability on exchange needed
Cons: small amount counts towards rollover ($100 at 1.2 is just $20 counted towards rollover)
2. Betting on bigger odds, over 2 ?
Pros: bigger amount counted towards rollover ($100 at 2.5 is $150 counted towards rollover)
Cons: bigger liability on exchange needed

Thanks again guys for your help! If you have any other advice/suggestion I’m all ears!

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MbPunter 24 August 28, 2018 at 11:35 pm

You sure those amounts counting towards rollover are right? Normally its your stake size that counts towards the rollover not the potential winnings. So if whole stake counts towards it then you’re best betting close matches around the minimum odds.

If your example of £100 at 2.5 counting £150 to rollover is right. Then by the same theory £100 at 100/1 would count as 10k towards it! So doubt that’s correct. If so theres your way out of it!!

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lsr 0 August 28, 2018 at 11:48 pm

@MbPunter:
Yeah, you’re totally right, my mistake – to much numbers crunching for one day. I even wrote in the previous post that “the lower amount is counted towards the rollover”.
So if I bet $100 at 2.5 to win $150, then $100 (not $150) is counted towards rollover. And if I bet $400 at 1.2 to win $80, then $80 counts towards rollover.
Sorry for the mistake.

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MbPunter 24 August 29, 2018 at 1:08 am

Ahh i see. I didn’t read properly.

Pretty crap situation to be in either way. What kind of exchange funds you got?
I’d stick close matches around 2.0 odds unless you can find some free shots at short odds then the big stakes won’t be worth the small contribution to the wagering.

Assume 2% commission – 500 @ 1.20/1.21 will be £6 loss.
100 @ 2.0/2.02 only a £2 loss. With both only counting £100 to wagering.

With regards the 100k rollover. You’re just going to have to gamble that one like bbobb says, try spike a big win and then you never know..

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lsr 0 August 29, 2018 at 10:08 am

@MbPunter:
Great point, thank you! I haven’t thought of that betting around 2.0 odds is the most optimal solution if the lower amount is counted towards rollover. It means that betting on short odds or long odds doesn’t really make sense in this situation because it will always be the lower amount which counts, and on 2.0 it equals to the size of my bet.

My current exchange funds are pretty non-existent now (I had over $2k – all went to the bookie). But luckily I should be able to deposit around $3k soon and put your advice into practice.

Thank you guys for your support! I really appreciate your help. I thought all hope was lost, but it seems I will be able to get back at least some of my money.

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Mr Crispy 34 August 29, 2018 at 11:40 am

All good advice above..

Is there no wagering deadline?

Unless you have access to a lot more funds, I would go for the value punting option (otherwise what happens if you were to lose your $3k at the exchange?).

Both of these bookmakers are on Oddsmonkey’s oddsmatcher tool (probably worth a subscription if you don’t already have one).. Then you can just punt on anything of value (or near value).

As MBP says, anything close to 2.0 would be optimum.

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lsr 0 August 29, 2018 at 3:02 pm

@mr-crispy:
No, I remember reading in T&C’s that there’s no time limit to meet the rollover requirements, so at least that is on the plus side.

Do you happen to have Oddsmonkey subscription? If so could you please just check how many results are there (if any) for SportsBetting.ag that could be layed on Matchbook exchange?
I am asking this because I’m not in the UK and both Betfair and Smarkets are not taking customers from my country, so matchbook.com is my only option. I want to avoid paying for subscription just to find out I can only lay bets on Betfair and Smarkets.

Thank you!

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Mr Crispy 34 August 29, 2018 at 3:37 pm

That’s good news about the rollover.

You used to be able to get a 14 day trial for £1 but I’m not sure if that offer is on now.

There’s plenty of results for SportsBetting.ag with Matchbook but none of them are arbs at the moment.

I changed the odds to filter for odds between 1.6 and 2.4, top match is Man Utd – Burnley, Man Utd 1.67/1.71.

25th best result is Millwall v Swansea, Millwall 2.2/2.32.

There will be stuff there if you have time to spend looking, plus you can set up alerts so that it will bleep if a near arb appears..

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pbetts 2 August 30, 2018 at 9:37 am

Jesus 🙈🙈🙈
Punts on low odds is the only way.

Punt a percentage of your bookies bank each bet

Good luck

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colust 7 September 2, 2018 at 2:03 pm

Can’t you just bet on different correct scores in the same match?

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