Another bet I did was with the bookie Expekt. They were offering to give me a free bet of £50 once I'd deposited and bet £100.
I started off my depositing £100. However, when using my (debit!) card I noticed that Expekt charged a 2.5% fee - this meant that to deposit £100 I had to deposit £102.50 - a small loss of £2.50.
For my qualifying bet I bet £100 that Shrewsbury would beat Hereford at odds of 2.10, and placed a lay of £100.48 against Shrewsbury at odds of 2.14. I won this bet so won £210.00 at Expekt but paid out a liability of £114.49 at Betfair, leaving me with a loss of £4.49.
My account was next credited with a bonus of £50. I tried to bet £50 that the correct score in the match between Internacional and Juan Aurich would be 1-0 at odds of 7.0 - however, Expekt only matched my bet to £35 and left £15 pending for consideration. To balance out the £35 that had been matched I placed a lay of £34.27 against a 1-0 score at odds of 7.2. I did this because the figures generated by Expekt indicated that the bonus was SR. Expekt did not match the remaining £15 from the free bonus. I lost this bet so received a payout of £32.56 at Betfair.
I still had £15 from the free bonus left. I bet £15 that the correct score in the match between Villarreal and Granada would be 0-0 at odds of 11.0 and placed a lay of £14.41 against a 0-0 score at odds of 11.5. I lost this bet so received a payout of £13.69 at Betfair.
However, the terms and conditions of the promotion at Expekt required me to roll over the bonus. I tried to place a £50 bet but Expekt could only match it to £14 - I therefore placed a £14 bet that the correct score in the match between Bologna and Fiorentina would be 0-0 at odds of 8.0 and placed a lay of £13.41 against a 0-0 score at odds of 8.4. I lost this bet so lost my £14 at Expekt, but received a payout of £12.74 at Betfair, leaving me with a loss of £1.26.
I then placed a bet of £36 that FC Basel would beat Bayern Munich at odds of 6.5 and placed a lay of £34.67 against FC Basel at odds of 6.8. Alas, I won this bet so won £234 at Expekt - however, I paid out a liability of £201.09. This left me with an overall loss of £3.09.
However, I still had to rollover more money! I bet £200 that Leicester would beat Derby at odds of 2.15 and placed a lay of £200 against Leicester at odds of 2.2. I won this bet so won £430 at Expekt - however, I paid out a liability of £240 at Betfair, leaving me with an overall loss of £10. Not pleased.
My next bet was to bet £100 that Leeds would beat Portsmouth at odds of 2.35 - but Expekt would only match my bet to £5! I placed a lay of £5.09 against Leeds at odds of 2.36. I lost this bet so lost my £5 at Expekt, but received a payout of £4.84 at Betfair, leaving me with a loss of £0.16.
I then bet £95 that Dundee Utd would beat Hearts at odds of 3.1 and placed a lay of £96.56 against Dundee Utd at odds of 3.1. I won this bet so won £294.50 at Expekt - however I paid out a liability of £202.77 at Betfair. This left me with an overall loss of £3.27.
Profit from this chapter: £32.56 + £13.69 - £4.49 - £2.50 - £1.26 - £3.09 - £10.00 - £0.16 - £3.27 = £21.48
Very dissapointing!!
Overall profit: £393.33 + £21.48 = £414.81
Could I fund my summer through matched betting alone? A diary of my progress...
Friday, 2 March 2012
Wednesday, 29 February 2012
Chapter 32 - February summary
Haven't had as much time this month for matched betting, what with university restarting, refreshers week being messy, and my five-day mini-holiday. Am hoping to dedicate more time to it in March...
Overall profit (January): 192.02
Overall profit (February): £201.31
Not bad at all. Almost funded my little holiday too!
Overall profit: £393.33
Overall profit (January): 192.02
Overall profit (February): £201.31
Not bad at all. Almost funded my little holiday too!
Overall profit: £393.33
Sunday, 26 February 2012
Chapter 31 - Bwin
Bwin were doing a nice offer where you bet £25 and get a £25 free bet.
I deposited and bet £25 that Blackburn would beat QPR at odds of 2.4 and placed a lay of £24.69 against Blackburn at odds of 2.48. I won this bet so won £60.00 at Bwin, but paid out a liability of £36.54 at Betfair, leaving me with a loss of £1.54.
My account was immediately credited with a free bet of £25. I bet £25 that the correct score in the match between Sparta Prague and Slovacko would be 2-1 at odds of 9.5, and placed a lay of £23.87 against a score of 2-1 at odds of 10. I lost this bet so lost the free money at Bwin, but received a payout of £22.68 at Betfair.
Profit from this chapter: £22.68 - £1.54 = £21.14
Overall profit: £372.19 + £21.14 = £393.33
I deposited and bet £25 that Blackburn would beat QPR at odds of 2.4 and placed a lay of £24.69 against Blackburn at odds of 2.48. I won this bet so won £60.00 at Bwin, but paid out a liability of £36.54 at Betfair, leaving me with a loss of £1.54.
My account was immediately credited with a free bet of £25. I bet £25 that the correct score in the match between Sparta Prague and Slovacko would be 2-1 at odds of 9.5, and placed a lay of £23.87 against a score of 2-1 at odds of 10. I lost this bet so lost the free money at Bwin, but received a payout of £22.68 at Betfair.
Profit from this chapter: £22.68 - £1.54 = £21.14
Overall profit: £372.19 + £21.14 = £393.33
Friday, 24 February 2012
Chapter 30 - Bodog
I then placed bets at Bodog where they would refund my first bet of £10 if it lost.
I deposited and bet £10 that the correct score in the match between Middlesborough and Sunderland would be 1-2 at odds of 9.0 and underlayed by placing a lay of £7.37 against a 1-2 score at odds of 10.5. I lost this bet so received a payout of £7.00 at Betfair, resulting in an overall loss of £3.00.
My account was then deposited with a bonus of £10. I bet £10 that Aston Villa would beat Manchester City at odds of 5.5 and placed a lay of £9.91 against Aston Villa at odds of 5.6. I lost this bet so received a payout of £9.41 at Betfair.
Profit from this chapter: £9.41 - £3.00 = £6.41
Overall profit: £365.78 + £6.41 = £372.19
I deposited and bet £10 that the correct score in the match between Middlesborough and Sunderland would be 1-2 at odds of 9.0 and underlayed by placing a lay of £7.37 against a 1-2 score at odds of 10.5. I lost this bet so received a payout of £7.00 at Betfair, resulting in an overall loss of £3.00.
My account was then deposited with a bonus of £10. I bet £10 that Aston Villa would beat Manchester City at odds of 5.5 and placed a lay of £9.91 against Aston Villa at odds of 5.6. I lost this bet so received a payout of £9.41 at Betfair.
Profit from this chapter: £9.41 - £3.00 = £6.41
Overall profit: £365.78 + £6.41 = £372.19
Wednesday, 22 February 2012
Chapter 29 - Betinternet
Betinternet were doing a nice offer where they would refund 50% of your first bet up to a maximum of £25.
I deposited and bet £50 that at half-time there would be a draw in the match between Sakaryaspor and Boluspor at odds of 2.2 and placed a lay of £52.13 against a draw at half-time at odds of 2.16. I lost this bet so lost £50 at Betinternet but gained £49.52 at Betfair, leaving me with a loss of £0.48.
I then received a £25 free bet. I bet £25 that Nacional Montevideo would beat Vasco da Gama at odds of 8.5 and placed a lay of £21.43 against Nacional Montevideo at odds of 8.8. I won this bet so won £187.50 at Betinternet but paid out a liability of £165.89 at Betfair, leaving me with a profit of £21.61.
Profit from this chapter: £21.61 - £0.48 = 21.13
Overall profit: £344.65 + £21.13 = £365.78
I deposited and bet £50 that at half-time there would be a draw in the match between Sakaryaspor and Boluspor at odds of 2.2 and placed a lay of £52.13 against a draw at half-time at odds of 2.16. I lost this bet so lost £50 at Betinternet but gained £49.52 at Betfair, leaving me with a loss of £0.48.
I then received a £25 free bet. I bet £25 that Nacional Montevideo would beat Vasco da Gama at odds of 8.5 and placed a lay of £21.43 against Nacional Montevideo at odds of 8.8. I won this bet so won £187.50 at Betinternet but paid out a liability of £165.89 at Betfair, leaving me with a profit of £21.61.
Profit from this chapter: £21.61 - £0.48 = 21.13
Overall profit: £344.65 + £21.13 = £365.78
Monday, 20 February 2012
Chapter 28 - Bet 770 Bonus
I received an email (and a phonecall) from Bet 770 asking me to confirm my identity. I did so, and they gave me a free bet of £30. However, no matter how much searching I did I could not confirm whether this free bet was a SR or a NSR bet.
I decided to play it safe by splitting them £30 into smaller bets. I bet £10 that the correct score in the match between Ivory Coast and Equatorial Guinea would be 1-0 at odds of 6.5. The bet confirmation slip on Bet 770 stated that the returns from this bet would be £65 - this would mean that the bet was a SR return. Hoping that the bet was indeed a SR bet I placed a lay of £10.24 against a 1-0 score at odds of 6.4. I lost this bet so received a payout of £9.73 at Betfair. I thus concluded that the extra bonus at Bet 770 is SR.
With the £20 remaining I bet £20 that the correct score in the match between Panetolikos and Doxa Dramas FC would be 1-0 at odds of 5.5 and placed a lay of £19.47 at odds of 5.7. I lost this bet so received a payout of £18.50 at Betfair.
Profit from this chapter: £9.73 + £18.50 = £28.23
Overall profit: £316.42 + £28.23 = £344.65
I decided to play it safe by splitting them £30 into smaller bets. I bet £10 that the correct score in the match between Ivory Coast and Equatorial Guinea would be 1-0 at odds of 6.5. The bet confirmation slip on Bet 770 stated that the returns from this bet would be £65 - this would mean that the bet was a SR return. Hoping that the bet was indeed a SR bet I placed a lay of £10.24 against a 1-0 score at odds of 6.4. I lost this bet so received a payout of £9.73 at Betfair. I thus concluded that the extra bonus at Bet 770 is SR.
With the £20 remaining I bet £20 that the correct score in the match between Panetolikos and Doxa Dramas FC would be 1-0 at odds of 5.5 and placed a lay of £19.47 at odds of 5.7. I lost this bet so received a payout of £18.50 at Betfair.
Profit from this chapter: £9.73 + £18.50 = £28.23
Overall profit: £316.42 + £28.23 = £344.65
Saturday, 18 February 2012
Chapter 27 - 888sport (Stage 10)
On to the final round of the 888sport offer!
For my first qualifying bet I bet £10 that AFC Wimbledon would beat Aldershot Town at odds of 2.3 and placed a lay of £10.31 against AFC Wimbledon at odds of 2.27. I lost this bet so lost £10 at 888sport but gained £9.79 at Betfair, leaving me with a loss of £0.21.
For my second bet I bet £10 that Basingstoke Town would beat Farnborough at odds of 2.3 and placed a lay of £10.31 against Basingstoke Town at odds of 2.28. I lost this bet so lost £10 at 888sport but gained £9.79 at Betfair - a loss of £0.21.
For my third bet I bet £10 that Leicester City would beat Middleborough at odds of 2.0 and placed a lay of £10.47 against Leicester City at odds of 1.96. I lost this bet so received a payout of £9.95 at Betfair, leaving me with a loss of £0.05.
For my fourth and final qualifying bet I bet £10 that AC Milan would beat Lazio at odds of 2.3 and placed a lay of £10.31 against AC Milan at odds of 2.28. I lost this bet so received a payout of £9.79 at Betfair, leaving me with a loss of £0.21.
My account was then credited with a free bet of £10. I bet £10 that the correct score between Osnabruck and Rot-Weiss Erfurt would be 1-0 at odds of 8.0 and placed a lay of £8.81 against a 1-0 score at odds of 8.0. I lost this bet so received a payout of £8.37 at Betfair.
Profit for this chapter: £8.37 - £0.21 - £0.21 - £0.05 - £0.21 = £7.69
Overall profit: £308.73 + £7.69 = £316.42
For my first qualifying bet I bet £10 that AFC Wimbledon would beat Aldershot Town at odds of 2.3 and placed a lay of £10.31 against AFC Wimbledon at odds of 2.27. I lost this bet so lost £10 at 888sport but gained £9.79 at Betfair, leaving me with a loss of £0.21.
For my second bet I bet £10 that Basingstoke Town would beat Farnborough at odds of 2.3 and placed a lay of £10.31 against Basingstoke Town at odds of 2.28. I lost this bet so lost £10 at 888sport but gained £9.79 at Betfair - a loss of £0.21.
For my third bet I bet £10 that Leicester City would beat Middleborough at odds of 2.0 and placed a lay of £10.47 against Leicester City at odds of 1.96. I lost this bet so received a payout of £9.95 at Betfair, leaving me with a loss of £0.05.
For my fourth and final qualifying bet I bet £10 that AC Milan would beat Lazio at odds of 2.3 and placed a lay of £10.31 against AC Milan at odds of 2.28. I lost this bet so received a payout of £9.79 at Betfair, leaving me with a loss of £0.21.
My account was then credited with a free bet of £10. I bet £10 that the correct score between Osnabruck and Rot-Weiss Erfurt would be 1-0 at odds of 8.0 and placed a lay of £8.81 against a 1-0 score at odds of 8.0. I lost this bet so received a payout of £8.37 at Betfair.
Profit for this chapter: £8.37 - £0.21 - £0.21 - £0.05 - £0.21 = £7.69
Overall profit: £308.73 + £7.69 = £316.42
Wednesday, 15 February 2012
Chapter 26 - 888sport (Stage 9)
On to the next stage of the 888sport offer.
For my first qualifying bet I bet £10 that Valencia would beat Levante at odds of 2.2 and placed a lay of £10.14 against Valencia at odds of 2.22. I won this bet so won £22 at 888sport but paid out a liability of £12.37 at Betfair, leaving me with an overall loss of £0.37.
For my second bet I bet £10 that Guinea would be winning at half-time in the Botswana v Guinea match at odds of 2.8 and placed a lay of £10.26 against Guinea winning at half-time at odds of 2.78. I won this bet so won £28.00 at 888sport but paid out a liability of £18.27 at Betfair, leaving me with a loss of £0.27.
For my third bet I bet £10 that Leyton Orient would beat Colchester United at odds of 2.2 and placed a lay of £10.14 against Leyton Orient at odds of 2.22. I lost this bet so received a payout of £9.63 at Betfair, leaving me with a loss of £0.37.
For my fourth bet I bet £10 that Huddersfield Town would beat Tranmere Rovers ar odds of 2.0 and placed a lay of £10.36 against Huddersfield at odds of 1.98. I lost this bet so lost £10 at 888sport but gained £9.84 at Betfair - a loss of £0.16.
I then received a free bet of £10. I bet £10 that the correct score in the match between Valencia and Barcelona would be 1-1 at odds of 8.5 and placed a lay of £8.77 against a 1-1 result at odds of 8.6. I won this bet so received £75 at 888sport but paid out a liability of £66.65 at Betfair, leaving me with a profit of £8.35.
Profit from this chapter: £8.35 - £0.37 - £0.27 - £0.37 - £0.16 = £7.18
Overall profit: £301.55 + £7.18 = £308.73
For my first qualifying bet I bet £10 that Valencia would beat Levante at odds of 2.2 and placed a lay of £10.14 against Valencia at odds of 2.22. I won this bet so won £22 at 888sport but paid out a liability of £12.37 at Betfair, leaving me with an overall loss of £0.37.
For my second bet I bet £10 that Guinea would be winning at half-time in the Botswana v Guinea match at odds of 2.8 and placed a lay of £10.26 against Guinea winning at half-time at odds of 2.78. I won this bet so won £28.00 at 888sport but paid out a liability of £18.27 at Betfair, leaving me with a loss of £0.27.
For my third bet I bet £10 that Leyton Orient would beat Colchester United at odds of 2.2 and placed a lay of £10.14 against Leyton Orient at odds of 2.22. I lost this bet so received a payout of £9.63 at Betfair, leaving me with a loss of £0.37.
For my fourth bet I bet £10 that Huddersfield Town would beat Tranmere Rovers ar odds of 2.0 and placed a lay of £10.36 against Huddersfield at odds of 1.98. I lost this bet so lost £10 at 888sport but gained £9.84 at Betfair - a loss of £0.16.
I then received a free bet of £10. I bet £10 that the correct score in the match between Valencia and Barcelona would be 1-1 at odds of 8.5 and placed a lay of £8.77 against a 1-1 result at odds of 8.6. I won this bet so received £75 at 888sport but paid out a liability of £66.65 at Betfair, leaving me with a profit of £8.35.
Profit from this chapter: £8.35 - £0.37 - £0.27 - £0.37 - £0.16 = £7.18
Overall profit: £301.55 + £7.18 = £308.73
Sunday, 12 February 2012
Chapter 25 - 888sport Special Offer
888sport were doing a special offer - bet £5 on who would score next in the match between Liverpool and Man City while it was in play and get a free bet of £5. However, it was slightly risky as I could not find a market for who would score next on Betfair.
I decided to take up this offer anyway (probably not my wisest of decisions but hey). I chose the player with the lowest odds (Edin Dzeko, at odds of 6.5) and bet £5 of my own money that he would score next. Alas he did not score next! So I lost £5. Upsetting.
My account, however, was credited with a free bet of £5. Realising that I had screwed this whole offer up, I tried to minimize my losses by using the free bet to bet that the HT/FT result in the game between Swansea and Chelsea would be Swansea/Swansea at odds of 10.0. I placed a lay of £4.62 against a HT/FT result of Swansea/Swansea at odds of 9.8. I lost this bet so received a payout of £4.39 at betfair.
Profit from this chapter: £4.39 - £5 = - £0.61
Overall profit: £302.16 - £0.61 = £301.55
I decided to take up this offer anyway (probably not my wisest of decisions but hey). I chose the player with the lowest odds (Edin Dzeko, at odds of 6.5) and bet £5 of my own money that he would score next. Alas he did not score next! So I lost £5. Upsetting.
My account, however, was credited with a free bet of £5. Realising that I had screwed this whole offer up, I tried to minimize my losses by using the free bet to bet that the HT/FT result in the game between Swansea and Chelsea would be Swansea/Swansea at odds of 10.0. I placed a lay of £4.62 against a HT/FT result of Swansea/Swansea at odds of 9.8. I lost this bet so received a payout of £4.39 at betfair.
Profit from this chapter: £4.39 - £5 = - £0.61
Overall profit: £302.16 - £0.61 = £301.55
Thursday, 9 February 2012
Chapter 24 - Bet 770
Bet 770 did a good offer where you deposit and bet £70 and if your bet loses, they give you a refund of £70.
For my £70 bet, I bet that Real Madrid would beat Barcelona at odds of 5.1. I then tried underlaying and placed a lay of £59.78 against Real Madrid at odds of 5.6. I used trickybet to work out that if Real Madrid won then I would lose £13.21 but receive a free bet of £70, but if they were to win then I would receive £12.01. Thankfully the match ended in a 2-2 draw so I lost my £70 at Bet 770 but received a payout of £56.79 at Betfair. This left me with an overall loss of £13.21. Not ideal, but at least I was prepared in case I did lose the bet.
My account was next credited with £70 as a refund. My aim was to bet this £70 in a way that I made the smallest loss possible, but at the same time bet it on odds I would most likely lose (or otherwise I would have to roll over the money). I was also limited by my funds in the betting exchange. In the end I decided to bet this £70 on the match between Blackburn and Newcastle resulting in a draw at odds of 3.4. I placed a lay of £68.99 against the draw at odds of 3.5. Thankfully I lost this bet so received a payout of £65.54 at Betfair.
Profit from this chapter: £65.54 - £13.21 = £52.33
Overall profit: £249.83 + £52.33 = £302.16
For my £70 bet, I bet that Real Madrid would beat Barcelona at odds of 5.1. I then tried underlaying and placed a lay of £59.78 against Real Madrid at odds of 5.6. I used trickybet to work out that if Real Madrid won then I would lose £13.21 but receive a free bet of £70, but if they were to win then I would receive £12.01. Thankfully the match ended in a 2-2 draw so I lost my £70 at Bet 770 but received a payout of £56.79 at Betfair. This left me with an overall loss of £13.21. Not ideal, but at least I was prepared in case I did lose the bet.
My account was next credited with £70 as a refund. My aim was to bet this £70 in a way that I made the smallest loss possible, but at the same time bet it on odds I would most likely lose (or otherwise I would have to roll over the money). I was also limited by my funds in the betting exchange. In the end I decided to bet this £70 on the match between Blackburn and Newcastle resulting in a draw at odds of 3.4. I placed a lay of £68.99 against the draw at odds of 3.5. Thankfully I lost this bet so received a payout of £65.54 at Betfair.
Profit from this chapter: £65.54 - £13.21 = £52.33
Overall profit: £249.83 + £52.33 = £302.16
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