Part 1: Matched Betting

This is a simple way to raise some money. Like really simple! It works like this:

  • Deposit £10 at William Hill
  • Bet the £10 (on in-play that can’t lose)
  • Get £30 in FREE bets
  • Withdraw £10 initial deposit

Now we repeat this process at another Bookmakers

  • Deposit £10 at BetFred
  • Bet the £10 (on in-play that can’t lose)
  • Get £30 in FREE bets
  • Withdraw £10 initial deposit.

We now have £60 FREE Bets

The amount of these offers total in excess of £2,000! Here are 5 examples

offers

What do I do with £60 FREE Bets?

Fleece more Bookies of course.

We now use this £60 to generate even more FREE money. Even though it isn’t a Pyramid Scheme, for the purposes of this exercise let’s say it is. Then you are sat at the very top with ALL funds coming your way.

The catch with this £60 is this: most bookies will only allow the bet to be placed on odds of 1.5 or greater. As I do my magic with Tennis betting this means that I will never get any of my free bets on someone like Djokovic, Medvedev, Nadal. So in theory, this would mean that I can’t use my free bets on anything that should win. See there is always a catch!

This is where clever thinking (tbf born out of necessity and previously finding myself bolting the stable door as the Horse is running down the field). As with all perfect solutionss we face teething problems.

I discovered that some Bookies will keep your stake for backing a quitter (tennis player offering a walkover for instance) yet the Bookie who took your bet on the Winner by default calls the bet void and just refund your stake. One stake lost and one win welched. Lose/Lose!

Risk mitigation became essential. I found a way around this pitfall.

Caveat Emptor:

On several occassions when I first began this I discovered just how sneaky the industry is! ALWAYS TAKE A SCREENSNIP OF YOUR BETTING SLIP WITH THE TRANSACTION NUMBER CLEARLY VISIBLE.

Some Bookies are welching b******s!

We show you which bookies just pay without any interaction, which ones void all bets. Essential for matched betting. 

Clever Risk Mitigation Means Risk Free Investment

In the above scenrios you could stand to lose a lot of money if your money is placed in the wrong place.

With the odds at 1.5 or greater this means if you want to match bet on the favourite you need to bet your own money. Herein lies the problem:

  1. I place my own £30 on the favourite at say odds of 1.3. This means my £30 will return £39.
  2. I place my free £30 on the underdog at say 2.4. This will return £72. I do not get the £30 free stake back, just the winnings. So that would be £72 – £30 = £42.
  3. I have lost £30 of my own money so only earn £12 (or 40% profit).
  4. Even though 40% might sound appealing, 100% sounds much better. We want to rinse the Bookie as much as possible!

Problems are just undiscovered solutions

Clever is as clever does

So choosing to bet on the players isn’t always the smartest move. However by betting on something that isn’t controlled by the outcome of each player. Imagine placing a big stake on both players to return a big win, one quits and you get welched on your winnings!

So how to mitigate the walkover risk? Really simple. Eliminate it. The first rule of risk mitigation is Elimination.

So instead of betting on who will win we bet on other elements of the match. We could bet on the Over/Under games. Simple solution.

Remove the player and remove the risk by not betting on a player. If either player in this match resigned then the Bookies would void all bets and return both stakes.

Like any good investor, don't use your own money!

£19,000 to £21,000 in 3 seconds!

Some things to remember

When using free money then that is the maximum amount that you can bet, meaning your winnings will never be big-time. Let’s say for example that you place your £30 on a 3/1 underdog and they win. You will return £90 – £30 Stake so £60 profit. Is still a nice win.

It is essential that you protect your interests and take a screensnip of your betting slip once your bet is placed. I keep a daily Google Doc of mine. This is due to Bookies claiming I had not placed a bet when I had. This was done I believe due to me playing them with a win/win for me.

Part 2: Exploiting The Loophole

Once you have completed Part 1 and now have your stake money, we show you how to exploit a Loophole. This allows you to create a win/win situation & invest as big as you want.

We don’t publicise this because we suspect that once the Bookies see that we are exploiting their vulnerabilities they will move quickly to stop us fleecing them. There isn’t a single Bookie in existence who wants you to come out ahead. It just makes terrible business sense.

The Bookies greed is what makes them vulnerable. You can exploit this to create an investment instead of gambling. Whatever the outcome, you win. If you win every time it can’t be called gambling can it?

Bookies are greedy b******s!

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