I feel that this month I really picked up the momentum with matched betting and am pretty confident in what I’m doing now. I’ve really moved on from just the sign up offers, to looking at taking on any of the offers related to football, primarily at the weekends.
I’ve been doing a lot of in-play betting this month making the most out of the William Hill and Paddy Power offers: “Place £20 on qualifying match and get £10 in-play on another match”. To be honest I’m starting to think whether it is worthwhile pursuing these smaller bets or not. For example out of the £10 free bet I’m probably only managing to extract 60 – 70% back into my account and the whole In-Play betting experience can be quite stressful.
I’ve had a few occasions when I’ve been trying to add the in-play bets on my Iphone 4S, which was a bit of a nightmare to be honest. The best time to put your bets on is at half time, because the odds don’t fluctuate so much, but if you miss this window it gets a little bit more tricky.
The other thing that you need to consider is that because the games are spread out over the course of the day / weekend now, you will need to structure your weekend around these games, which is not really what I want to be doing for a few quid here and there. However, at the moment, I am still learning my trade, so it is all good knowledge to pull in.
Bet365 Risk Free Bet
This month also completed the Bet365 risk free bet offer twice, we gave me a massive £35 for each match, which was well worth the small amount of time involved.
The offer was basically, place up to £50 pre match and up to £50 in-play and if your in-play bet loses then they will refund this bet to you. You simply need to calculate this as a risk free bet, and lay this off at one of the exchanges, then sit back and count the cash.
Risk Free Bets
I ventured a little bit further forward in my matched betting career this month, when Paddy Power gave a price boost on both Watford and Everton winning in the cup.
Thanks to the matched betting blog, I followed the advice of laying this off at Smarkets booking exchange: http://matchedbettingblog.com/football/paddy-power-price-boost-watford-everton/#.VtCRIvmLTZ4
Basically this was a risk-free bet, where if the event happened ie Watford and Everton both won, then I would earn £27, but if they didn’t win then I break even. This was a pretty good deal, took 5 minutes to add the bets on, and ended up netting me £27.60… GOLA!
There are a lot of these types of offers out there that I haven’t really started looking at yet, but will try and progress on these next month.
I made my first venture into horse racing as well this month, which I’ve wanted to avoid initially as I believe it can be a little more complex than a standard football match back and lay scenario.
However, there were 2 particularly good offers, for the upcoming Cheltenham festival.
Coral were offering to match your bets of up to £20 per bet that you put on, as long you place a bet each weekend for the 4 weekends leading up to the festival and Betway are offering a similar offer for up to £50, so I added a couple of bets this weekend.
All was going so well until yesterday I got this lovely email from Coral:
Now, I’m not really sure how this had happened as I hadn’t placed too many bets with them and my history didn’t seem abnormal:
|5||2.2||24/10/15||Ajaccio GFCO v Nice|
|20||7.6||28/10/15||Liverpool vs Bournemouth|
|20||3||30/01/16||Ang v Serena|
|10||5||31/01/16||3 – 1 Djok|
|20||3||20/02/16||Ars v Hull draw|
|20||3.25||20/02/16||14:05 Haydock One track mind|
|10||3.9||20/02/16||Bourn v Eve|
However, they had been on a bit of a gubbing spree and lots of members in the Matched Betting Facebook groups experienced similar things.
My theory is slightly different, however, as I had been a bit stupid. My plan for this site was that as I go through the offers with different bookmakers I would also add affiliate links to these offers so other readers could sign up as well, and I’d earn a small commission.
I tried applying for affiliate accounts with 5 of the main bookmakers, however, as part of the application process they check out your website and see that I am promoting Matched Betting, which they’re probably not to keen on, so 3 of them refused my application. One of those was Coral, so my suspicions are that they put two and two together and linked my personal account with the application for the affiliate account. Oh well, lesson learned!!!
More Sign Up Offers
Last Month’s Goal
- Sign up to 3 more offers – COMPLETE
- Continue In-Play betting – COMPLETE
Next Month’s Goal
I really want to start looking at Accumulator’s as this seems like another solid way to keep generating income, without having to place in-play bets, however, this would require moving up to the next level of matched betting expertise and I don’t think that I’m quite ready for that yet. I’ll research it a bit more if I have time, but think I will keep this month’s goals quite simple to:
- Sign up to 3 more offer
Overall Earnings to Date
I have finally managed to get a grip on what I have earned so far and am pleased to announce the grand total of :