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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.
Thanks for sharing @bettingbitz.
Hi @lamakina420,
Making £700 profit from a starting bank of £200 is not a problem, though I think you might struggle to do that in 3 weeks. The smaller your bankroll, the more time it takes to move your funds around.
Also, my concern would be that you don’t want to be rushing things, especially when you’re just starting out. It can lead to mistakes and mistakes can be costly.
It’s not impossible, but realistically I think you’ll struggle in that timeframe.
Here’s an article with some further info on how much you can make from matched betting…
https://matchedbettingblog.com/article/how-much-can-you-make-from-matched-betting/
I hope that helps.
Good luck!
Hi @ilovebricks.
80% is the amount cash you can generally convert a free bet into if you find close enough odds.
I usually recommend betting on football but there hasn’t been a great deal these past couple of weeks. Euro 2020 has just started though so you shouldn’t have any trouble finding suitable selections now. You don’t necessarily have to place your qualifying bets close to 1.50, so long as they’re fairly close, giving an acceptable qualifying loss.
I hope that helps.
Thanks for sharing @erolandinieto.
Hi @doughnutquit,
I see the game has been played now, but for future reference you just need to go like for like.
So, if you’ve backed Kilmarnock to win both halves, you would find the ‘Kilmarnock to win in both halves’ market and select the blue ‘Yes’ button.
I hope that helps.
Hi @joesnape.
In theory it’s actually a pretty good promotion as you could treat it as a risk-free bet offer.
I’d be inclined to leave it well alone though as you’d need to commit a large amount of funds and those brands don’t have great reviews at all.
I hope that helps.
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Thanks for posting @bettingbitz.
There’s no easy way of losing your bets straight to the exchange. Placing at higher odds will obviously increase your chances, but if you win you’ll be moving a lot of funds into your bookmaker account.
I think I would be inclined to go for something in between the two, so that there’s a reasonable chance the bet will lose but if it wins it’s not too much trouble playing through the wagering.
I’d recommend having a read of my Bonus Rollover Strategy guide as the situation you’re facing is very similar.
Hi @kraken99,
There’s no easy answer to your first question as it sounds like you’re already aware of your two options; either try and lose your deposit and bonus straight into your exchange account or try and complete the wagering requirement.
My bonus rollover guide may help you. Whatever you decide, make sure you have enough funds available in the event that your back bets keep winning. It’s also worth saying that if the terms of an offer are too tricky, it’s best to walk away and look for an opportunity elsewhere.
Multi-accounting isn’t something I like to advise on, though it’s something that’s been discussed on the forum many times before so it’s worth having a search for the guidance you’re looking for.
I hope that helps.
Hi @budge.
It’s possible to lay your horse to place, though this will leave you exposed to a bigger loss if your horse wins. You would therefore need to place an additional back bet on your horse to win to balance things out.
There’s nothing wrong with playing about with the numbers and seeing if there are different ways of doing things but personally I prefer the straightforward back and lay as it’s more profitable in the long-term.
Don’t forget that Sky Bet refunds are paid as cash rather than a free bet.
I hope that helps.
You’re correct, they’re not the same.
For example, Chelsea could win the first half 2-0 and lose the second half 1-0.
‘Chelsea to win both halves’ – LOST
‘Chelsea/Chelsea’ – WINI hope that helps.
You placed an each way double, which is essentially two separate double bets.
You bet £1.25 on both horses to win, which lost.
You also bet £1.25 on both horses to place, which won.
The potential returns would have been a lot higher on the ‘Win’ double than the ‘Place double.
A frustrating outcome for you but I hope that helps.
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