what are peoples experienced with matched betting, just getting back into it and was wondering if people had ideas?
Been doing it over 3 years and thereās still money to be made - a lot if you want to put the time into it.
Harder than it used to be, say, 5-6 years ago but itās still a great side hustle.
Anyone ever done any arbitrage betting? Maybe itās not possible because the odds are all too close
If you use a tool like oddsmonkey, itās farily easy to find arb bets, but the trouble is the bookies limit your account the first sign you know what you are doing.
I made about Ā£15k in one year but my online accounts were gubbed and shops stopped offering me coupon prices. The next season sharbs were a lot rarer so I havenāt bothered since
There is money to be made from arbing, even from gubbed accounts.
Some bookies offer minimum bet guarantee on certain races (class 1 & 2) so thereās decent money to be made if you can put in the time.
This guy is genuine (I havenāt met him but my friend has) - heās currently hoping to āengineer his redundancyā so he can do MB full-time.
Heās produced an arbing course and has an active FB page for subscribers.
Yeah i guess the worry I had is that with Oddsmonkey and platforms like that a lot of the bets they recommend are often such weird bets that a couple of my accounts seem to get gubbed straight away. Is there a way to only bet on more mainstream matches or races?
I only bet on horses and football and ignore all the other offers.
fair enough, I just find that when they suggest slovakian second tier football its a massive yellow flag
Even just sticking to mainstream sports doesnāt necessarily mean that the bookies donāt gub you in the end.
Just today, Betfred have gubbed me, by which I mean I canāt get any free bets from their offers any more. Again, I have only ever done a few football and horse bets with them, hardly hammering their offers.
They just donāt like it when you win!
Yeah its ridiculous isnt it - last week I got gubbed after my first bet on a new account!
What have you found to be your best tactics to avoid this, I had a google round but couldnt find much? I saw something about betconnect being good for those with closed account but that was to be a pro and not really what I am
Getting gubbed after just one bet is ridiculous!
As youāve mentioned, backing Slovakian second tier football might be a flag, although if youāre betting in-play, it could be seen as a āspur of the momentā punt.
From my experience, Iāve found that accounts which only have football bets done on them keep the longest, ie I have a couple of accounts where I only place bets on the major European leagues and nothing else.
As mentioned previously, thereās no guarantee that any sort of tactic will save you from a gubbing, Iām just waiting for the inevitable on those accounts I guess!
One thing I do with gubbed accounts which arenāt too restricted is EW betting on horses, which has a risk of losing you some money so not true MB. Or arbing (not what I do currrently as too time consuming).
Yeah thats very true about the in-play.
I think I might do similar with saving a couple of accounts just for my more mainstream football bets and then at least I can keep those going.
Thanks for your help
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Anyone here had any experience with Profit Accumulator?
I have - I think they were offering 30 days free, or 30 days for Ā£1, so I signed up. If youāve not done matched betting before, the tutorials are really easy and help you understand exactly how it works.
I think I made about Ā£300 profit before it all dried up. This was about a year ago.
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The initial period is much easier when you have all the welcome offers but once you get the reload offers going you can still make a lot. As long as you can keep your accounts openā¦
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Iāve been matched betting for over 3 years. Can still manage to make on average Ā£300 a month from reloads (ie not signing up offers) but it does take effort, hence profits can be a bit lumpy, depending on how much time I have spare.
Do you just wait for them to email you with offers? I barely get anything through. Are you placing random bets to keep them from gubbing your account?
also how many hours a month do you try and spend on it? finding the time is what i struggle with most
I use OddsMonkey, which is similar to Profit Accumulator. I actively check OMās Daily Offer Calendar for offers and yes, I sometimes jump on offers which are mailed to me.
Iāve found that placing random/mug bets doesnāt really stop your account from getting gubbed, so donāt bother any more.