Matched Betting, a beginners diary - Can I double £1,000 by 2012??

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dannyb1000

Player Valuation: £225k
I’m Dan and I’m a newbie on here but I have been following some threads for a while and have (finally) signed up.. I’m a member of another forum which has some threads about Matched betting - which is what this thread will be about.

The people on there make a fair bit of money. So I have been following these ideas and done a few ‘practices’ using the theory without real money and I now reckon I am ready to give it ago. I have a bit of savings so I am going to try and use £1,000 of my savings to make as much money by the end of 2011 as I can..

I reckon £800 is feasible… So my target is to turn £1000 into at least £1800 by New years eve (ish).. it may take longer, and I may fall short on £800. But if you don’t try you don’t succeed! ‘Someone reckoned I could even “double up in a matter of weeks”.

A few sites have been recommended on the matched betting threads, and I’ve found plenty online;
The Gambling Times
The Gold Tiger
The Betting Warehouse
OLBG
etc etc etc

And the two places to help you find bets;
OddsMonkey
Odds Checker

I will be using The Gold Tiger as a base site, mainly because its been recommended to me and has £100 cash back which is a massive step towards my target. I will also try to maximize winnings through finding the best free bets (I’ve seen some on OLBG and herd the racing post has some).

I will try to post every bet here once I’ve made it before the event so anyone interested in following the thread can copy me if they want.

So far I have signed up to Moneybookers and deposited most my money and also Betfair. I will claim my £50 from the gold tiger after I have done my first bet, which will be in tonight’s Carling Cup - I will post my bets soon.
Wish me luck!
 

be interesting to see how it goes. i dont understand betting at all so i have no idea what matched betting is! lol
 
Good luck mate. I'm scared to bet more than a pound, so I admire your balls (literally)

Choose Paddy Power, linked through here of course
 

Game: Chelsea v Liverpool – 29.11.11

Blue Sq: £25 Stake not returned free bet
Back Chelsea at 2.00 with £25, Lay Chelsea at 2.08 at Betfair to win £24.50
Loss if Chelsea win: £1.46. Loss if Chelsea don’t win: £1.73.
Free bet unlocked: £25 (Instantly)
Free bet game: Barcelona v Rayo Vallecano, Back 2-0 Barca with £25 free bet at Blue sq at 8.00, Lay Barca 2-0 to win £21. Profit if 2-0: £28, Profit if not 2-0 £19.95. (- our loss on the qualifying bet)

Will Hill: £30 Stake not returned free bet
Back Chelsea at 1.91 with £30, Lay Chelsea at 2.08 at Betfair to win £28
Loss if Chelsea win: £2.94. Loss if Chelsea don’t win: £3.40.
Free bet unlocked: £60 (Use code RP60 = bet £30 get £60 free bet!) (once first bet has settled)


Game: Arsenal v Man City - 29.11.11

Victor Chandler: £25 stake not returned free bet
Back Man City at 2.40 with £25, Lay Man City at 2.44 at Betfair to win £25
Loss if Man City win: £1.00. Loss if Man City don’t win: £1.25 .
Free bet unlocked: £25 (once first bet has settled)

Stan James: £150 (total) stake not returned free bets, first = £10
Back Man City at 2.40 with £25, Lay Man City at 2.44 at Betfair to win £25
Loss if Man City win: £0.40 . Loss if Man City don’t win: £0.50.
Free bet unlocked: £10 (once first bet has settled)

Coral: £30 Stake not returned free bet
Back Man City at 2.38 with £25, Lay Man City at 2.44 at Betfair to win £25
Loss if Man City win: £1.80 . Loss if Man City don’t win: £1.50.
Free bet unlocked: £30 (once first bet has settled)
 
I want to keep this thread very much as a diary.. If anyone wants to/ wants me to start a thread about the principles of matched betting just say!
 

Game: Chelsea v Liverpool – 29.11.11

Blue Sq: £25 Stake not returned free bet
Back Chelsea at 2.00 with £25, Lay Chelsea at 2.08 at Betfair to win £24.50
Loss if Chelsea win: £1.46. Loss if Chelsea don’t win: £1.73.
Free bet unlocked: £25 (Instantly)
Free bet game: Barcelona v Rayo Vallecano, Back 2-0 Barca with £25 free bet at Blue sq at 8.00, Lay Barca 2-0 to win £21. Profit if 2-0: £28, Profit if not 2-0 £19.95. (- our loss on the qualifying bet)

Will Hill: £30 Stake not returned free bet
Back Chelsea at 1.91 with £30, Lay Chelsea at 2.08 at Betfair to win £28
Loss if Chelsea win: £2.94. Loss if Chelsea don’t win: £3.40.
Free bet unlocked: £60 (Use code RP60 = bet £30 get £60 free bet!) (once first bet has settled)


Game: Arsenal v Man City - 29.11.11

Victor Chandler: £25 stake not returned free bet
Back Man City at 2.40 with £25, Lay Man City at 2.44 at Betfair to win £25
Loss if Man City win: £1.00. Loss if Man City don’t win: £1.25 .
Free bet unlocked: £25 (once first bet has settled)

Stan James: £150 (total) stake not returned free bets, first = £10
Back Man City at 2.40 with £25, Lay Man City at 2.44 at Betfair to win £25
Loss if Man City win: £0.40 . Loss if Man City don’t win: £0.50.
Free bet unlocked: £10 (once first bet has settled)

Coral: £30 Stake not returned free bet
Back Man City at 2.38 with £25, Lay Man City at 2.44 at Betfair to win £25
Loss if Man City win: £1.80 . Loss if Man City don’t win: £1.50.
Free bet unlocked: £30 (once first bet has settled)

Ah I see, it's some sort of "numbers racket"

hmmm

*strokes chin
 
I like a bet and gonna keep a eye on this however gonna be honest the bets you have put on have totally confused me. Will keep a eye on how you do will be interesting. Good luck.
 

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