Step-By-Step Guide to Matched Betting 2021
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- Опубликовано: 6 фев 2025
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If you go thru the matchbet process and win $16 at the bookie do you draw it out straight away.If you do so the bookie's mind?
Of course, bookies expect you to withdraw your winning
What happens when you've used up all your free bets?
Yeah good question
Great video
Wait, so you are saying that all that let’s call it (a game) will last until bookies will figure it out that you doing match betting and arbitrage? After that game is over, you are cancelled!
What happens if you see what you're not expecting to see, lay bet odds wise?after already placing the free skybet
Any opinion on disabling ie snare?
do not except cookies from book makers sites.
Great video Steve - many thanks
Do you get your liability back or does the exchange own it every single time?
I understand everything said in this, except for the liability? Nobody seems to explain exactly what this is.
When you place a bet of £10 at 10/1, the bookmaker has to potentially give you prize money of £100 if you win. That £100 is the bookmaker's liability. When you lay a bet, you take the place of the bookmaker.
i just set it all up done my 1st bet then realised i clicked on draw FFS
All good but we don't have all bookmakers available here in India help me with ur best advice
Ye kis liye h bhai?
@Jaxen Andy for that I need a gf first 🤣
Just transfer me it bro I'll bet it for you
Question with the profit section. When you placed the free £20 bet at the bookies for £110 profit and lay it at the exchange at £16 with a £94 liability I understood how you made the £16 profit by winning at the bookie since the £20 was a free bet. However I don’t understand how you make profit if you win at the exchange, because you lose the free £20 at the bookies and you are refunded the £16 that you already paid at the exchange. I may be getting this wrong but it seems like winning at the bookies nets you £16 profit and winning at the exchange nets you a refund of the £16 you already put in; not profit. If anybody can explain to me why this is wrong I would appreciate it.
The £16 is your stake. It’s not the money u put in from ur pocket. If u win on the exchange, u win the £16. If u lose, u pay the liability. This is my understanding.
You pay £94 liability I think for the bet on exchange and then if it wins you get the £16 stake as profit so you're at £110 total and you lose the free bet. If you win the bet at the bookies and hence the exchange lay loses you make £16 profit, you never make £110 profit.
It doesn't matter what happened with event (your selection win or lose) anyway you will make a profit of 16gbp. In case if your selection is won your 94gbp moving to bookie + 16 = 110.
In other case on exchange you get back back you 94gbp + 16gbp profit. So you will make profit of 16 anyway.