Sunday, 1 January 2012

Chapter 1 - The Beginning - Skybet

So I'm sat in my room on New Years Eve feeling rather sorry for myself, casually surfing the internet on my laptop. Boredom leads me to log onto TSR ( to check out the forums, and I stumble across a thread entited Money for uni by matched betting. In the back of my mind my remember reading a few pages of this thread a few months ago and making a mental note to save it for a rainy day. I think back to the £400 holiday I paid a deposit for a few days ago and think to myself... could I fund my holiday through matched betting alone??

And here we go - welcome to my diary on matched betting!

Firstly I read through the first page or so on TSR to refresh my memory. Secondly I read through this rather helpful thread on And then I placed some bets...

£10 NSR (no stake return) free bet at Skybet - bet that Mostly Bob would win the Cheltenham on January 1st at odds of 12.0.

Headed over to Betfair and placed a lay of £8.49 on Mostly Bob at odds of 13.0. Deposited £110 to cover the £101 liability.

The results:

Mostlt Bob won (at odds of 11/1). Checked my Skybet account and I had £110 profit. Checked Betfair... and it was telling me that the odds had been 11.92! Which means my liability payout was *only* £92 or so, leaving me with a grand profit of £17.28! From a £10 NSR free bet!

No idea what happened there!

Profit from this chapter: £17.28

Overal profit: £17.28


  1. New customers qualify for a £10 free bet-no deposit offer simply by opening up skybet free bet. For the purpose of this promotion, those who already hold

  2. were you ever asked for an ID check? And did you ever has problems withdrawing the funds?