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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.
Tomfromdablock, I added a risk-free bet guide yesterday which you may find useful…
I think Smarkets have been performing a lot better these last couple of weeks. They’ve been doing a lot of work on improving the site and upgraded things earlier this month.
Also Mike, just to echo what Patrick said, it sounds like you are getting a 2% discount rate on the standard 5%, so 5% * 0.98 = 4.9%. To be getting a 60% discount rate you would need to be earning over 150,000 Betfair points and trading five figure sums of money on a daily basis.
Patrick, betting exchanges make their money by charging people commission on their net winnings. Whenever you place a matched lay bet, there is always someone on the other side who has backed that outcome. Therefore regardless of the outcome of the event, there will always be a winner and a loser. So the exchange makes a profit on every pair of bets placed.
Nicely done Mark. I’m hoping to get a full guide written on these at some point soon. There’s definitely money to be made. Personally, I’m a fan of laying the £51.02 and making it risk-free. It’s very rare you don’t hit at least one winner over the course of the 6 or 7 races.
Just updated the post guys…
https://matchedbettingblog.com/football/138-com-offer-fa-cup-5th-round
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To answer your question mirrorball, I have no intention of stopping free discussion on any subject unless it is potentially detrimental to the blog. I am 100% in favour of you guys helping each other out. I’ve drawn a line at using the forum as a marketplace to sell services and the guys have accepted that, for which I am grateful.
Yes it’s a far better offer than their previous welcome offer and hopefully it’ll stick around. Like you say, it’s well worth signing up to Betsafe for the Man City free bet offer on every league game. Hoping they’ll run their Six Nations offer again too!
It’s an exclusive offer that has been given to a select number of sites, including tipsters. Is there any particular reason you’ve typed L*dbrokes instead of Ladbrokes?
Be careful laying Paddy Power offers with Betfair following their merger…
Nicely done FOG, though I think people will need to edit the bookie stake field from time to time. I’m actually in the process of putting together a calculator for these enhanced odds offers as they seem to popping up every week now!
I was wondering how long it would be before someone asked that!
I’m all for people discussing matched betting and helping each other out, but I draw the line at people using it as a marketplace to profit from affiliating or selling products or services. Anyone found doing so from this point onwards will be removed.
I find it particularly disrespectful, given that my site is completely free to use.
Come on guys, behave…
I think we need to be careful with these enhanced trebles guys…
‘If the sum of the rule 4’s add up to 15p+ the market will be settled as a SP treble. If any of the selections are non runners the bet will revert to a SP double.’
Therefore, there are no guarantees that we will get paid out at the enhanced price and so we could get ourselves into difficulty…
Probably best just to leave it or do it as a value bet, rather than laying them sequentially.
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