Sponsored New Betting Loophole – Quick & Easy Money With Profit Squad

[TractorBoys]

I've ended up with £82.47 at the betfair exchange from a total outlay of £72.85 of my own money - so profit is only £9.62. Will wait for clarification from Profit Squad to see whether or not I've done everything correctly.

Don't get me wrong like, a tenner for literally 10 minutes work still isn't to be sniffed at.

 

[Look Out There Are Llamas]

At somepoint this week I'll take one for the team and let you all know that I've managed to lose my initial amount...

I figure what's the worst that can happen?

 

[TheMinsterman]

I do matched betting myself, it certainly works if you're willing to put time into it and you have capital to invest. Bare in mind you can have several hundred pounds tied up in bets which whilst you're going to make a profit, it's not for people who have tight budgets and can't afford to have those sort of sums tied up in the betting exchange covering their bets. Definitely don't do it without guidance at first, easy to make mistakes and then blame it on the "system" not working.

It works, the trick ultimately is to not get spotted. Bookies will restrict your accounts if you get too successful and your betting patterns make it obvious that you're exploiting the free bet offers, I always prefer to make my wins at the betting exchange to help prevent them gubbing my accounts. Loophole isn't really the correct term imo, its just taking advantage of free bets that companies offer to entice custom, but to keep under the radar you need to make mug bets (i.e. make the odd bet that makes you look like a genuine punter and make minor losses [literally talking pence here], it's good to pick a team you bet on repeatedly for those), ensure you're betting closer to the deadline to appear genuine etc or they'll just restrict what you can or can't bet on and subsequently you'll be cut off from specific bookies which reduces your earning potential.

My advice is, if you can't afford to invest too much (when I say this I mean just be able to afford sometimes a few hundred, maybe less, been tied up for a day or two until you withdraw it all after the results) then it's not really going to be all that profitable to you (if you just want 30-40 extra a month you can do it on the cheap as it were). If you can, however, it's a good little earner with guaranteed income that doesn't take hours or your time to get a steady income going.

I do it of my own accord, but sites like the one linked are useful if you want to cut out the time of looking for the deals yourself. Also, make sure you let the bookies send you newsletters, it's how you get personal deals specific to you, don't filter them out.

 

[TheMinsterman]

I've ended up with £82.47 at the betfair exchange from a total outlay of £72.85 of my own money - so profit is only £9.62. Will wait for clarification from Profit Squad to see whether or not I've done everything correctly.

Don't get me wrong like, a tenner for literally 10 minutes work still isn't to be sniffed at.

Don't use Betfair, use Smarkets, they only charge 2% commission compared to Betfair's 5%.

 

[Leo]

Not going to lie, I understood none of that which would suggest this entire thing is not for me.

Think I will stick to putting together crazy acca's on a Saturday that can turn pound coins into hundreds and thousands if by some fluke they come in

My thoughts exactly. I'm illiterate enough with computers & that would destroy me.

 

[Krazy8]

Profit Squad
The £25 bet with the bookie lost so I can the £25 credit in free bets in return.
The betfair excahnge won. So now I have/had £65 in the exchange and £25 free bets on Totesport (£90 total) - from an outlay of £72 so far.
On the website it says to repeat step 2 in this instance. Do you mean repeat a matched bet on the exchange & totepsport, for £25??

I went ahead with this logic and Lay Villarreal v Celta Vigo (Away) and backed with the £25 free bet at the bookie. If it had come in at the bookie I'd be left with £82 (£10 profit) but based on it being 4-0 currently I'm actually going to win more at the exchange - profits of around £30 I believe... £72 out £102ish in.

Is any of my thinking incorrect?

Did you use the odds calculator? Guaranteed to make the same profit either way then.

For example you'll end up with something like;

If the bookmaker bet wins:
You will win: £78.00 at the bookmaker
You will lose: £57.70 at the exchange
Total profit = £20.30

If the bookmaker bet loses:
You will lose £0.00(free bet) at the bookmaker
You will win £20.30 at the exchange
Total profit = £20.30

 

[TractorBoys]

Yeah, used the calculator... was pretty careful with it but maybe I got it wrong. Will wait for Profit Squad to hopefully take a look.

The reason for my questions is that as I lost at the bookmaker originally and got credited with the free bet, I was even there but obviously now the second bookmaker bet lost I was down by £25. At the exchange however my winnings totalled enough to give me £9.62 profit across the 4 bets over 2 games.

 

[Gladders]

For those sceptical ones, matched betting does work and is guaranteed profit as they say, ignore the word betting as you are not really gambling, you are using the free site offers and covering all outcomes so you can't lose.

I have done it myself and check the bettig forum out for others who have done it too.

I stopped doing it because as noted above you need to have some money tied up to make the bigger amounts which I don't have right now, but in the week I did I made £70 profit from 4 offers. I also don't recommend using your normal bank account, especially as I intend to get a mortgage soon and didn't want loads of desposits into betting sites to be showing up when they decided to lend me money!

I did it without signing up to any site but it can help if you do sign up to these type of sites as they just make it easier. I have a friend who made about 4k in 3 months from doing this and once my budget is not so tight and have a couple hundred lying around I will be doing it again.

Just Google matched betting if you are still sceptical.

 

[TheMinsterman]

Yeah Frealaf is correct, I made about £52 with very little effort off of three bets when I started, I've seen people earn thousands extra per year off it, more than a minimum wage job in some cases. It's all about how much time you're willing to invest and being willing to take temporary hits for guaranteed gains.

You can even just make a few hundred off sign up offers and then never do it again, you're going be up either way.

You literally can't lose if you do you calculations properly.

 

[Profit Squad]

Its nice to see that everyone does get the idea of it etc. It is a shame to see so many people not carrying on with it, we have loads of people on our forum that makes well over £1,000 every month!

Yeah, used the calculator... was pretty careful with it but maybe I got it wrong. Will wait for Profit Squad to hopefully take a look.
.

This does sound about right for the profit you made. This is because it was a risk free bet on your first bet. Meaning if the first bet won then you would have been in profit straight away and it would have been more profit than you did end up with . But as your first bet lost, as it stood you would have been down around £5-9 depending on the odds, then you make around £18-20 on the free bet, resulting in a profit of £9-15 so yeah it seems like you done it all right! Had your first bet won, you have have straight away been in profit for around £18/20.

Hope that makes sense!

Joe

 

[eightiesrobin]

So, do you need an exchange account to make this work? I have an ancient Betfair account, which may or may not be active, given that I haven't used it for 10 years, probably.

 

[TractorBoys]

So, do you need an exchange account to make this work? I have an ancient Betfair account, which may or may not be active, given that I haven't used it for 10 years, probably.

I had an old betfair account too and could access the exchange (I'd never used it before) so think you'll be all set bud.

 

[Profit Squad]

So, do you need an exchange account to make this work? I have an ancient Betfair account, which may or may not be active, given that I haven't used it for 10 years, probably.

Yes an exchange account is one of the most important to make this work. In fact it wouldn't work without one! But you should be able to dig your old one out, if you ca remember the log in details just contact betfair via live chat or something and they should be able to help you. You also of course have smarkets and betdaq and a few other exchanges as well.

 

[TractorBoys]

Done a couple more signup offers for tomorrow on the likes of Dunfermiline-Hibs and Leicester-Palace.

 

[Bentos]

Tried this a little bit in the past. Would like to get involved again, but my starting balance will be minimal. Certainly can be profitable if you do everything correctly, however how long your betting accounts stay open can be an issue.

 

[eightiesrobin]

Yes an exchange account is one of the most important to make this work. In fact it wouldn't work without one! But you should be able to dig your old one out, if you ca remember the log in details just contact betfair via live chat or something and they should be able to help you. You also of course have smarkets and betdaq and a few other exchanges as well.

Okay, it appears my Betfair account can be resurrected. Is there enough liquidity on Smarkets for the purposes of this venture?

 

[eightiesrobin]

Sooo, this approach obviously works by laying whatever you've backed with the free bets offered by bookies. I can see that all bookies offer free bets on signing up for new accounts, so I see how that would work for a short time. My next question is, what happens once you've exhausted all those free bets? Do bookies keep offering them to existing account holders or what?

I note many of these offers depend on you staking an initial sum, which is then matched in the form of a free bet. You could very well lose all these initial bets, which puts you behind from the start, no?

Also, the sign up free bets (from looking at Oddschecker) tend to be in the £20 to £50 region, so I'm somewhat confused as to how people are making four figures a month, consistently, given that profits from individual bets are likely to be fairly small percentages of total stakes.

Is there more to this than just backing and laying?

 

[TractorBoys]

By utilising the bookies offer and the exchange for all bets, there is no possibility of losing all the best and ending up behind.

 

[TheMinsterman]

Essentially they make their money by making use of all possible offers they can find, including ones which may or may not come off for small losses to qualify, the more you bet as well the more you will get special offers sent to yourself.

Bookies offer all kinds of free bets, it's to entice new customers in, it's important you make sure you bet like a regular better too, so make some bets you won't gain from as well to keep your account open. If you're using the system you'll just lose 10-20p or something anyway so it's not a big issue in the greater scheme of things to keep your account from being gubbed.

Ultimately, the people making thousands are putting these bets on daily, you get what you put in with matched betting ultimately. If you're making 15-20 off of free bets every few days 2-3 times each day you bet it all adds up.

 

[eightiesrobin]

So the offers / free bets keep on coming even if you're an established customer, not just for new customers?

 

[Gladders]

Sooo, this approach obviously works by laying whatever you've backed with the free bets offered by bookies. I can see that all bookies offer free bets on signing up for new accounts, so I see how that would work for a short time. My next question is, what happens once you've exhausted all those free bets? Do bookies keep offering them to existing account holders or what?

I note many of these offers depend on you staking an initial sum, which is then matched in the form of a free bet. You could very well lose all these initial bets, which puts you behind from the start, no?

Also, the sign up free bets (from looking at Oddschecker) tend to be in the £20 to £50 region, so I'm somewhat confused as to how people are making four figures a month, consistently, given that profits from individual bets are likely to be fairly small percentages of total stakes.

Is there more to this than just backing and laying?

Yes there are offers after the initial sign ups, that's what these sites like Profit Squad or profit accumulator do, a forum and site showing new offers with betting sites that people can take advantage of. Also why Minsterman says to make some occasional normal bets too, to make you look like a normal punter and keep your account open, sure you may lose these bets but its all coming out of your profit you have already made and ensures you can keep taking advantage of the free bets and make more money.

You place the initial starting bet to qualify and lay it, if you do it right you will only lose £1 or £2 max, then you place the free £10 bet or whatever and come out £8 in profit for example.

People who put time into it are using lots of offers including the casino bonus parts (there's hundreds of betting sites out there) hence the 4 figures a month profit. As Minsterman says if you just do a few offers a month its possibly to comfortably make a couple hundred.

 

[eightiesrobin]

Cheers for the replies all. I can't believe how much Betfair has changed since I last used it, probably 2004. It was purely an exchange then, I see there's all sorts of shite on it now.

So, regarding the mug bets - how much / how often do you lot play them?

 

[Profit Squad]

So, regarding the mug bets - how much / how often do you lot play them?

I would usually say place one or so when ever you get a refund or free bet from them. People do have different views on this some say place 1 mug bet for every time you try to get a refund some say place one or two every time you get a free bet. Personally I would say do one or two for every free bet you get.

Are all you guys on our Facebook forum as well? Lots of people on there showing the monthly profits they made and some are VERY impressive and really motivating for new members

Thanks
Joe

 

[Luke_1884]

I've been casually matched betting for a couple of years now and reccomend it highly.

I work away in the week so it's absolutely perfect for me in my downtime before/after work. I had to cut it off in April as I left the country but looking at my profit/loss diaries I was easily making £350 even for the slow months. Compared to some Matched Betters that is pretty poor but it tops my monthly wage up nicely for the time I put in.

I've recently renewed my membership with a different site so all I want to know is are there any pro's to using these guys compared to others?

 

[TheMinsterman]

Tonight is a good night for people looking to get into it, you get lots of matches to pick from with CL and EL midweek. Currently down to make a 33.53 profit from Ladbrokes tonight on their £50 welcome offer.

 

[TractorBoys]

I've been casually matched betting for a couple of years now and reccomend it highly.

I work away in the week so it's absolutely perfect for me in my downtime before/after work. I had to cut it off in April as I left the country but looking at my profit/loss diaries I was easily making £350 even for the slow months. Compared to some Matched Betters that is pretty poor but it tops my monthly wage up nicely for the time I put in.

I've recently renewed my membership with a different site so all I want to know is are there any pro's to using these guys compared to others?

I can't comment mate, this is the first time I've signed up. What features do you get where you're at?

 

[Luke_1884]

I can't comment mate, this is the first time I've signed up. What features do you get where you're at?

Well it's purely the software on offer really; odds matching facility, a betting calculator, breakdown of how to do all the offers, a large forum of like minded matched betters who have that knowledge you sometimes need.
And the main thing, the monthly subscription price? That's probably the biggest factor in it all, if I could find another site with most if not all of the above on offer for less a month that would interest me greatly!

 

[TractorBoys]

Well it's purely the software on offer really; odds matching facility, a betting calculator, breakdown of how to do all the offers, a large forum of like minded matched betters who have that knowledge you sometimes need.
And the main thing, the monthly subscription price? That's probably the biggest factor in it all, if I could find another site with most if not all of the above on offer for less a month that would interest me greatly!

That's exactly what Profit Squad does, all those features- only difference is there isn't a forum, it's a private Facebook group.

 

[TheMinsterman]

Profitable week here, due to be on course for roughly £100 profit since Wednesday

 

[TractorBoys]

I've ground to a halt recently, had plenty going on IRL but will look to get back in next week.