188bet were doing a risk-free offer of £25. However, I had trouble depositing money and accidently ended up depositing £50 rather than £35.
I bet £25 that the correct score in the match between Sporting Lisbon and FC Metalist Kharkiv would be 1-2 at odds of 15 and placed a lay of £20.65 against a 3-2 score at odds of 17. Thankfully I lost this bet so received a payout of £19.64, leaving me with a loss of £5.36. Poor effort...
I then contacted 188bet about withdrawing the remaining £25 of my own money but was told that I must bet it before withdrawing it. I bet £25 that the correct score in the match between Schalke and Athletic Bilbao would be 2-2 at odds of 15, and placed a lay of £25.08 against a 2-2- result at odds of 15. However, I won this bet so received a payout of £375.00 at 188bet but paid out a liability of £351.12 at Betfair, leaving me with a small loss of £1.12.
I then received a £25 refund into my account. I bet £25 that the correct score in the match between Chesterfield and Wycombe Wanderers would be 2-2 at odds of 15 and placed a lay of £25.77 against a 2-2 score at odds of 14.5. I lost this bet so received a payout of £24.51 at Betfair.
Profit from this chapter: £24.51 - £5.36 - £1.12 = £18.03
Overall profit: £704.61 + £18.03 = £722.64
Could I fund my summer through matched betting alone? A diary of my progress...
Monday, 23 April 2012
Friday, 20 April 2012
Chapter 42 - 888sport M
888sport were doing a small mobile offer where they would give you a free bet of £5 for a mobile deposit of £10.
I deposited and bet £10 that Malaga would beat Rayo Vallecano at odds of 1.73 and placed a lay of £10.30 against Malaga at odds of 1.73. I won this bet so recieved £17.27 at 888sport but paid out a liability of £7.52 at Betfair, leaving me with a small loss of £0.25.
My account was then credited with a free bet of £5. I bet £5 that the correct score in the match between Manchester United and QPR would be 2-1 at odds of 11 and placed a lay of £4.57 against a 2-1 result at odds of 11. I lost this bet so received a payout of £4.35 at Betfair.
Profit from this chapter: £4.35 - £0.25 = £4.10
Overall profit: £700.51 + £4.10 = £704.61
I deposited and bet £10 that Malaga would beat Rayo Vallecano at odds of 1.73 and placed a lay of £10.30 against Malaga at odds of 1.73. I won this bet so recieved £17.27 at 888sport but paid out a liability of £7.52 at Betfair, leaving me with a small loss of £0.25.
My account was then credited with a free bet of £5. I bet £5 that the correct score in the match between Manchester United and QPR would be 2-1 at odds of 11 and placed a lay of £4.57 against a 2-1 result at odds of 11. I lost this bet so received a payout of £4.35 at Betfair.
Profit from this chapter: £4.35 - £0.25 = £4.10
Overall profit: £700.51 + £4.10 = £704.61
Sunday, 15 April 2012
Chapter 41 - Betsson
Betsson were doing an offer where I received a 50% deposit bonus of up to £25. However, the rules stated that I must rollover the deposit and the bonus 10 times - I aimed to avoid this! Tough challenge!!
For my first bet I bet £20 that the HT/FT result in the match between Tottenham and Stoke would be Stoke/Tottenham at odds of 24 and placed a lay of £18.42 against Stoke/Tottenham at odds of 30. Somewhat risky as I was overlaying. Thankfully I lost this bet so received a payout of £17.52 at Betfair, leaving me with a loss of £2.48.
My next move was to bet £20 that the HT/FT result in the match between Chelsea and Tottenham would be Tottenham/Chelsea at odds of 27 and to place a lay of £20 against Tottenham/Chelsea at odds of 28. Again, slightly risky since I was overlaying. Thankfully I lost this bet so received a payout of £19.02 at Betfair, leaving me with a small loss of £0.98.
I then bet £10 that the correct score in the match between Tottenham and Bolton would be 3-2 at odds of 35 and placed a lay of £10.95 against a 3-2 score at odds of 32. I lost this bet - and since the odds had been so good I received a payout of £10.41 from Betfair which gave me a (small) profit of £0.41. Decent!
I was now onto betting with the free money. I bet £14 that the correct score in the match between Sheffield United and Chesterfield would be 3-2 at odds of 29 and placed a lay of £13.09 against a 3-2 result at odds of 30. I lost this bet so receied a payout of £12.38 at Betfair.
My final bet was to bet £11 that the correct score in the match between Bayern Munich and Marseilles would be 3-2 at odds of 40 and to place a lay of £12.64 against a 3-2 result at odds of 34. Thankfully I lost this bet, and thanks to the brilliant odds I stumbled across I received a payout of £12.01 from an £11 bet. Good to end on a high note!
Profit from this chapter: £12.38 + £12.01 + £0.41 - £2.48 - £0.98 = £21.34
Overall profit: £679.17 + £21.34 = £700.51
For my first bet I bet £20 that the HT/FT result in the match between Tottenham and Stoke would be Stoke/Tottenham at odds of 24 and placed a lay of £18.42 against Stoke/Tottenham at odds of 30. Somewhat risky as I was overlaying. Thankfully I lost this bet so received a payout of £17.52 at Betfair, leaving me with a loss of £2.48.
My next move was to bet £20 that the HT/FT result in the match between Chelsea and Tottenham would be Tottenham/Chelsea at odds of 27 and to place a lay of £20 against Tottenham/Chelsea at odds of 28. Again, slightly risky since I was overlaying. Thankfully I lost this bet so received a payout of £19.02 at Betfair, leaving me with a small loss of £0.98.
I then bet £10 that the correct score in the match between Tottenham and Bolton would be 3-2 at odds of 35 and placed a lay of £10.95 against a 3-2 score at odds of 32. I lost this bet - and since the odds had been so good I received a payout of £10.41 from Betfair which gave me a (small) profit of £0.41. Decent!
I was now onto betting with the free money. I bet £14 that the correct score in the match between Sheffield United and Chesterfield would be 3-2 at odds of 29 and placed a lay of £13.09 against a 3-2 result at odds of 30. I lost this bet so receied a payout of £12.38 at Betfair.
My final bet was to bet £11 that the correct score in the match between Bayern Munich and Marseilles would be 3-2 at odds of 40 and to place a lay of £12.64 against a 3-2 result at odds of 34. Thankfully I lost this bet, and thanks to the brilliant odds I stumbled across I received a payout of £12.01 from an £11 bet. Good to end on a high note!
Profit from this chapter: £12.38 + £12.01 + £0.41 - £2.48 - £0.98 = £21.34
Overall profit: £679.17 + £21.34 = £700.51
Monday, 9 April 2012
Chapter 40 - Blue Square Reload Bonus
I received an email from Blue Square informing me that they had credited my account with a free £3.
I used this free £3 to bet that the correct score in the match between Burnley FC and Birmingham City FC would be 2-2 at odds of 15.0 and placed a lay of £2.55 against a 2-2 result at odds of 16.5. I lost this bet so received a payout of £2.42 at Betfair.
Profit from this chapter: £2.42
Overall profit: £676.75 + £2.42 = £679.17
I used this free £3 to bet that the correct score in the match between Burnley FC and Birmingham City FC would be 2-2 at odds of 15.0 and placed a lay of £2.55 against a 2-2 result at odds of 16.5. I lost this bet so received a payout of £2.42 at Betfair.
Profit from this chapter: £2.42
Overall profit: £676.75 + £2.42 = £679.17
Friday, 6 April 2012
Chapter 39 - Bet365 Moblie
Bet365 were doing a nice mobile bet where they would give you a free bet up to £50.
I deposited and bet £50 that there would be less than 2.5 goals in the game between Rangers and Dundee United at odds of 2.15, and placed a lay of £50.95 against there being under 2.5 goals at odds of 2.16. Thankfully I lost this bet so received a payout of £48.45 at Betfair, leaving me with a loss of £1.55.
I then used the free £50 to bet that Near The Water would win at the Fontwell races at odds of 9.0. I then placed a lay of £50.28 against Near The Water at odds of 9.0. I lost this bet so received a payout of £47.77 at Betfair.
Profit from this chapter: £47.77 - £1.55 = £46.22
Overall profit: £630.53 + £46.22 = £676.75
I deposited and bet £50 that there would be less than 2.5 goals in the game between Rangers and Dundee United at odds of 2.15, and placed a lay of £50.95 against there being under 2.5 goals at odds of 2.16. Thankfully I lost this bet so received a payout of £48.45 at Betfair, leaving me with a loss of £1.55.
I then used the free £50 to bet that Near The Water would win at the Fontwell races at odds of 9.0. I then placed a lay of £50.28 against Near The Water at odds of 9.0. I lost this bet so received a payout of £47.77 at Betfair.
Profit from this chapter: £47.77 - £1.55 = £46.22
Overall profit: £630.53 + £46.22 = £676.75
Wednesday, 4 April 2012
Chapter 38 - Betfred
Betfred were doing an offer where they would give you a 100% bonus up to £50.
I deposited and bet £50 that Wycombe would beat Exeter at odds of 3.0 and placed a lay of £49.18 against Wycombe at odds of 3.1. I won this bet so won £150 at Betfred but paid out a liability of £103.28 at Betfair, leaing me with a loss of £3.28.
My account was then credited with a free bet of £50. I bet £15.50 that Un Ami would win at the Chepstow races at odds of 9.0 and placed a lay of £14.17 against Un Ami at odds of 8.8. I lost this bet so receied a payout of £13.48 at Betfair.
With the remaining £34.50 of free balance I bet that Blackburn would beat Manchester United at odds of 8.5 and placed a lay of £28.91 against Blackburn at odds of 9.0. I lost this bet so received a payout of £27.46 at Betfair.
Profit from this chapter: £13.48 + £27.46 - £3.28 = £37.66
Overall profit: £592.87 + £37.66 = £630.53
I deposited and bet £50 that Wycombe would beat Exeter at odds of 3.0 and placed a lay of £49.18 against Wycombe at odds of 3.1. I won this bet so won £150 at Betfred but paid out a liability of £103.28 at Betfair, leaing me with a loss of £3.28.
My account was then credited with a free bet of £50. I bet £15.50 that Un Ami would win at the Chepstow races at odds of 9.0 and placed a lay of £14.17 against Un Ami at odds of 8.8. I lost this bet so receied a payout of £13.48 at Betfair.
With the remaining £34.50 of free balance I bet that Blackburn would beat Manchester United at odds of 8.5 and placed a lay of £28.91 against Blackburn at odds of 9.0. I lost this bet so received a payout of £27.46 at Betfair.
Profit from this chapter: £13.48 + £27.46 - £3.28 = £37.66
Overall profit: £592.87 + £37.66 = £630.53
Monday, 2 April 2012
Chapter 37 - March summary
Haven't been dedicating much time to matched betting this month. However the big bets at Bet365 and Coral really helped boost my profits.
Overall profit (January): 192.02
Overall profit (February): £201.31
Overall profit (March): £199.54
Not too shabby!
Overall profit: £592.87
Overall profit (January): 192.02
Overall profit (February): £201.31
Overall profit (March): £199.54
Not too shabby!
Overall profit: £592.87
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