You will get gubbed sooner rather than later - it's the nature of the beast, but here is my list of things that might contribute to bad account image that may then lead to gubbing....
1. Making an initial deposit that is exactly the minimum amount required to trigger the NCO bonus. If it's...
Despite the name, matched betting is neither betting nor gambling. Knowing what I know now, if I had never matched bet before and needed to raise some cash fast, it's a perfect way of doing that.
I'm not advocating spongy defers paying his debts off, but almost anyone should be able to double...
Yes, the trial link is still valid, but just in case: CLICK HERE
The more money you start with the better, not because it enhances your chances of success - it doesn't - but it speeds up the process of getting through new customer offers as otherwise you may find yourself twiddling your thumbs...
Anyone looking to jump aboard, this is the link for a £1 trial >>> http://profitsquad.co.uk/201.html
I'm happy to try and provide some help and guidance.
I'm not doing much Matched Betting myself currently - just dipping in and out now and again - but if you have a few spare hours a week then...
I got drawn back into matched betting for Cheltenham and did a bit more but I've stopped again as I just don't have the time.
I will get something together though to help people start and make some money from this. I made about £15k in my first 6 months broadly November 2016 - May 2017.
Not laying a free bet is a valid strategy, but not at short odds.
Eg, an evens (2.0) shot has a 50% chance of winning, so if you always placed a free bet at these odds, you'd have a long-term value extraction of 50%, eg one £10 bet wins and the next loses etc.
If you placed the free bets on a...
There are some strategies which go beyond simple matched betting that Profit Squad also advise on. These are things you wouldn't look at as a novice as there can be some risk to your own money.
One of them is each way dutching where, for certain races, it is possible to bet on every horse in a...
So £12.50 profit simply for Newcastle winning and a £90 free bet (for 4+ goals) which I'll convert into around £70 cash tomorrow. All without risking a single penny.
I guess your point here is that the bookies are really a middle man. They collect money in from lots of people and pay most of it back out, keeping their bit in the middle. Some people win, some lose. The winners are taking the money of the losers. Yes, I guess that is right. If you have a...
The New Customer Offers serve two purposes:
1. Get you used to the back/lay process.
2. Get you accounts with bookies for their regular existing customer offers.
3. Enable you to build up some profits to use for future offers.
In cash-earning terms what you'll earn from new customer offers is...
Not a huge amount.
If you are able to set aside a lump of cash as working capital of sorts it can help speed things up as you work through the various new customer offers without having to wait for money to be moved from bookmaker A, into your bank account and then onto bookmaker B.
If you...
I don't doubt it for one second. I made c£4,500 in March but that included a few gambling losses (I don't keep very granular records). My matched betting profit in isolation was more in the £5,000 ballpark.
Here's a copy and paste from one of the Profit Squad community members who I've known from the site for the last 6 months or so. She knew nothing about sport nor gambling before she started this:
So I have made it to my 1 year profit squad anniversary! What a year. I certainly didn’t expect it...
Nothing.
The Profit Squad training videos will help you through how this works, but the process is broadly doing this:
1. Bet on something with a bookmaker on an event that offers a free bet or a refund or some sort of extra.
2. Lay that off with an exchange such as Betfair. Typically you'll...
Matched Betting isn't gambling in the conventional sense. At any one time you're only risking a pound or two because the process involves simultaneously backing and laying the same outcome in order to attempt to earn a free bet which can be readily converted into cash.
About £15k up, but I've not really done much in April mainly because it being the Easter holidays with the kids.
I do intend to put a "Matched Betting school" for NSCers together because, as I've said before, I fully appreciate that if something looks too good to be true it probably is. Not so...
As as aside, as good as that Ladbrokes offer was in hindsight, I couldn't find anything with a suitably small quantifying loss so I wasn't involved in it. Best QL was about £4-5 from what I recall, on the HT/FT market.
It happens.
I was mug punting on the FA Cup, again just to be seen to be betting where there were no offers. I backed Chelsea, Peterborough and the draw all with different bookies for break even.
Later that night I was checking my accounts and something didn't add up. Turns out I'd baked...
It's not always. Most races aren't suitable for dutching for a start - there'd be a loss all round. Today there was only one that some would consider, for example, but ultimately I'd be surprised if anyone got on it.
Typically the best races will be 8 or 9 horses (so 3 places are paid) and with...