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	<title>Matched Betting Archives - Mike Cruickshank</title>
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	<title>Matched Betting Archives - Mike Cruickshank</title>
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		<title>Advantage Play in Matched Betting</title>
		<link>https://mikecruickshank.com/advantage-play-matched-betting/</link>
					<comments>https://mikecruickshank.com/advantage-play-matched-betting/#comments</comments>
		
		<dc:creator><![CDATA[Mike Cruickshank]]></dc:creator>
		<pubDate>Mon, 28 Jan 2019 19:00:18 +0000</pubDate>
				<category><![CDATA[Matched Betting]]></category>
		<category><![CDATA[Advanatage Play]]></category>
		<guid isPermaLink="false">https://mikecruickshank.com/?p=27704</guid>

					<description><![CDATA[<p>We all want to win as much money from the bookies as possible. If we can keep the risk levels low while doing it then this is ideal. There are some instances when advantage play in matched betting can save the day. It is also something that can give you another option once you are experienced in matched betting. Either way, it is something that it is well worth knowing about. How does it work? And what do you need to do to get started? Let’s look at what this strategy is all about.</p>
<p>The post <a href="https://mikecruickshank.com/advantage-play-matched-betting/">Advantage Play in Matched Betting</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h1><strong>Advantage Play in Matched Betting</strong></h1>
<p>We all want to win as much money from the bookies as possible. If we can keep the risk levels low while doing it then this is ideal.</p>
<p>You may already know that matched betting is a great way of making profit. Yet, there will be situations in which you can’t use the standard approach. What should you do in these cases?</p>
<p>It is a good idea to have as many strings to your bow as possible. The more ways you have of making a profit the better. So what idea are we looking at here?</p>
<p>There are some instances when advantage play in matched betting can save the day. It is also something that can give you another option once you are experienced in matched betting. Either way, it is something that it is well worth knowing about.</p>
<p>How does it work? And what do you need to do to get started? Let’s look at what this strategy is all about.</p>
<h2><strong><img fetchpriority="high" decoding="async" class="alignnone size-full wp-image-27705" src="https://mikecruickshank.com/wp-content/uploads/2019/01/Advantage-Play-in-Matched-Betting.png" alt="Advantage Play in Matched Betting" width="500" height="500" srcset="https://mikecruickshank.com/wp-content/uploads/2019/01/Advantage-Play-in-Matched-Betting.png 500w, https://mikecruickshank.com/wp-content/uploads/2019/01/Advantage-Play-in-Matched-Betting-150x150.png 150w, https://mikecruickshank.com/wp-content/uploads/2019/01/Advantage-Play-in-Matched-Betting-300x300.png 300w, https://mikecruickshank.com/wp-content/uploads/2019/01/Advantage-Play-in-Matched-Betting-256x256.png 256w" sizes="(max-width: 500px) 100vw, 500px" /></strong></h2>
<h2><strong>What is Advantage Play in Matched Betting?</strong></h2>
<p>As the name suggests, this is a type of matched betting. However, there are some big differences between advantage play in matched betting and other matched betting approaches.</p>
<p>The most noticeable difference is that there is no lay bet involved. This might seem strange at first. After all, you may be used to matched betting being made up of two sides every time.</p>
<p>However, this strategy is different. You only need to place your bet with the bookmaker. There is no need to use Betfair or any other betting exchange. So, there is no lay bet at all.</p>
<p>How does this work? It is all about extracting the most value. To do this you need to consider the odds carefully. Getting the right odds will put you on the track to profits.</p>
<p>Even more importantly, you need to make the most of bookmaker offers. These deals are giving you free money to take advantage of. They are the foundations for building a profit from advantage play in matched betting.</p>
<p>In some situations, you might decide to use this strategy. I will look in a minute at why you might do this.</p>
<p>The other possibility is that you can’t place a lay bet for some reason. Maybe there is no market on the exchanges for it. Or perhaps there is no liquidity on the exchange.</p>
<p>You might also find that the bookie’s offer isn’t suitable for a lay bet approach. For example, some deals require you to place bets on several events taking place at the same time.</p>
<p>In any of these cases, this is the solution you can turn to. But is it something that suits your personality and betting needs?</p>
<h2><strong>Who Is This Suitable For?</strong></h2>
<p>You may wonder who exactly advantage play in matched betting is right for. After all, each different betting strategy tends to be right for certain people. Is this an approach that you should be interested in?</p>
<p>There are actually some different types of situation where this can come in handy. One example is when you want to save time. This is typically something that will interest advanced users.</p>
<p>So, let’s says that you are comfortable with basic matched betting techniques. You may now want to get more offers more quickly. Advantage play in matched betting lets you do this. Not all of us can spend a lot of time on placing bets every day.</p>
<p>If you are under pressure at work or at home this is ideal. You just need to place a bet with the bookie and wait for the result. This chops a fair bit of time off the whole process.</p>
<p>The reason why it is faster is that you don’t need to place a lay bet. This seriously speeds up the whole process. However, this isn’t the only case when it can come in handy.</p>
<p>Another example is when you come across an offer that can’t have a lay bet on it. This applies to the likes of <a href="https://mikecruickshank.com/profit-from-request-a-bet-offers/">Request a Bets</a>. In these cases, you have to look at the advantage play approach to place your bet.</p>
<p>In terms of your personality, why would you make this decision? The likelihood is that you are happier to lose some bets. This isn’t a system build on small but constant wins.</p>
<p>Rather, you will win some and lost some. The overall idea is that the results average out into a handsome profit over time.</p>
<h2><strong>Examples of an Advantage Play in Matched Betting offer</strong></h2>
<p>So far, so good. But how does this actually work in real life? What steps do you need to take to make the most of this strategy? The good news is that it is pretty easy to get started with.</p>
<p>We could start by looking at the example of a Coral Virtual Sports offer. So, let’s say that the deal involves us putting a £20 bet on a certain horse. Naturally, if our pick wins the race then we pick up a nice profit.</p>
<p><img decoding="async" class="alignnone size-full wp-image-27708" src="https://mikecruickshank.com/wp-content/uploads/2019/01/Coral-virtuals.jpg" alt="Coral virtuals" width="650" height="250" srcset="https://mikecruickshank.com/wp-content/uploads/2019/01/Coral-virtuals.jpg 650w, https://mikecruickshank.com/wp-content/uploads/2019/01/Coral-virtuals-300x115.jpg 300w" sizes="(max-width: 650px) 100vw, 650px" /></p>
<p>Since you can’t lay Virtual Sport bets off, what is your best strategy to avoid losing? The smartest idea is to place the qualifier using the minimum odds allowed.</p>
<p>This means that you can expect odds of 2.0. What this means is that you should win the qualifying bet about half the time. You will lose it the rest of the time, of course. On those occasions where it loses, you will lose your stake.</p>
<p>When you get a free £20 bet, you want to get as much value out of it as possible. How do you do this? Well, you should be looking at selections with odds of 4.0 or above.</p>
<p>Remember that free bets are always done on a stake not returned basis. This gives you a 25% chance of making a profit using the free bet.</p>
<p>Now, does a 25% chance of winning sound pretty small to you? It might at first, but this is extracting the maximum amount of value out the free bet. The winnings will average out if you place a lot of bets like this.</p>
<p>Therefore, the key is in taking part in lots of these offers. The more you place, the more that 25% win rate will return to you in cash. Given enough time, this can be a very profitable approach to take.</p>
<h2><strong>Where the Value Comes From</strong></h2>
<p>It may still seem difficult for you to see where the value comes from. If you are new to matched betting then you might wonder whether it really makes sense. Are you making the most of the bookmaker offers in this way?</p>
<p>You should remember that the value always comes from the bonus money. You aren’t going to make any money from doing this without using offers. If you just use your own money then you are probably going to lose.</p>
<p>For instance, why not take a look at your Exchange balance. Take a look and see how much you are down over the last 3 months. For most Matched Bettors, this doesn’t make for pleasant reading.</p>
<p><img decoding="async" class="alignnone size-large wp-image-27706" src="https://mikecruickshank.com/wp-content/uploads/2019/01/Smarkets-pl-1024x650.png" alt="Smarkets profit / loss" width="1024" height="650" srcset="https://mikecruickshank.com/wp-content/uploads/2019/01/Smarkets-pl-1024x650.png 1024w, https://mikecruickshank.com/wp-content/uploads/2019/01/Smarkets-pl-300x190.png 300w, https://mikecruickshank.com/wp-content/uploads/2019/01/Smarkets-pl-768x487.png 768w, https://mikecruickshank.com/wp-content/uploads/2019/01/Smarkets-pl.png 1220w" sizes="(max-width: 1024px) 100vw, 1024px" /></p>
<p>Looking at the image above shows a £4680.89 loss at Smarkets over 30 days all from laying off bonuses. If those bets had not been layed, that would have meant an extra £4680.89 profit. Obviously most users won&#8217;t be betting this much, it&#8217;s an extreme example.</p>
<p>With advantage play in matched betting, the value is with the bookmakers. After a large enough sample of bets, you will see where the profit comes from.</p>
<p>Keep looking for value with your advantage play in matched betting. The results might not appear obvious at first. However, over time extracting the maximum value will give you healthy profits.</p>
<h2><strong>Effective Odds – How Do You Work Out if a Bet Has Value?</strong></h2>
<p>With any type of matched betting, choosing the right bet is crucial. Get this right and you are on your way to winning money. Get it wrong and expect to lose cash instead.</p>
<p>This means getting odds that suit you. If the odds are wrong your bet is doomed. You need to turn the table on the bookies and put the advantage in your favour.</p>
<p>To do this well, you need to understand what effective odds are. Quite simply, these are the actual odds that you will have taken. This is based on your potential winnings from your qualifying loss.</p>
<p>This is probably a lot easier to get to grips with using an example. Let’s say that your qualifying loss is £1. In this example, we can imagine you stand to earn £50 profit. This adds up to give you effective odds of 50.</p>
<p>How do you calculate your effective odds, then? It is quite easy, really.</p>
<p><strong>Effective Odds = Profit / Qualifying Loss.</strong></p>
<p>You should work out this simple calculation on every bet you are about to place. It will only take a moment to do.</p>
<p>When is a deal worth looking at? Basically, when the effective odds are higher than the equivalent Betfair lay odds for the same outcome happening. In an ideal world, it will be a good few points higher. This gives you more value.</p>
<p>If you place bets without this calculation then you aren’t fully in control. Therefore, you won’t be making the best use of the offers.</p>
<h2><strong>The Efficiency of the Exchange Market</strong></h2>
<p>In the example we just looked at, we used Betfair to help work out the true odds. You may wonder why we did this. Why is Betfair used as an indicator of the real odds on a bet?</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-26930" src="https://mikecruickshank.com/wp-content/uploads/2018/05/betfair-logo-740x431.jpg" alt="betfair trading" width="351" height="204" srcset="https://mikecruickshank.com/wp-content/uploads/2018/05/betfair-logo-740x431.jpg 740w, https://mikecruickshank.com/wp-content/uploads/2018/05/betfair-logo-740x431-300x175.jpg 300w" sizes="auto, (max-width: 351px) 100vw, 351px" /></p>
<p>Well, quite simply Betfair is a highly efficient market. In fact, we can say that same about any betting exchange. There are a number of reasons why this is the case.</p>
<p>In fact, I have looked at the <a href="https://mikecruickshank.com/why-are-betfairs-odds-so-efficient/">efficiency of Betfair</a> in the past. There are plenty of reasons why this is the case. For a start, it is a sharp bookmaker that instantly reacts to changes.</p>
<p>The wisdom of crowds ensures their odds are highly efficient. By using the knowledge of a wide range of users, they have more accurate odds.</p>
<p>All of this means that we can trust the efficiency of the exchange markets. So, it is a great way of calculating whether a bet really has value. You can safely trust the figures that you work out in this way for advantage play in matched betting.</p>
<h2><strong>Bankroll management</strong></h2>
<p>Keeping on top of your bankroll management is another vital matter. If you are going to make money from advantage play in matched betting this is crucial. Let it run out of control and you are probably getting into trouble.</p>
<p>So how will you do this effectively? The first important point is that you should never risk more than 0.5% of your bankroll on any one offer. This is the absolute maximum that you should be putting at risk.</p>
<p>After all, there’s no point in taking the risk. You could end up busting your bank if you bet more than this. Take the safe and steady approach. This isn’t about getting one huge win. It is a sustainable strategy for the long term.</p>
<p>Another point is on the odds for free bets. Ideally, you will keep them at a figure below 10.0. You can extract more value at higher odds. But it isn’t worth the risk.</p>
<p>Do these things and you will be giving yourself a solid approach.</p>
<h2><strong>Law of Large Numbers and Mean Reversion</strong></h2>
<p>This sounds like a complicated subject, doesn’t it? The good news is that it isn’t really. All it means is that the more you bet, the closer you will get to the average return.</p>
<p>This is especially important with advantage play in matched betting. As we saw earlier you may lose on some bets. In others, you may get a small profit. At first, it might look as though this strategy isn’t worth the effort.</p>
<p>However, some good wins will be there for you before too long. Over time, you will see your average profit level out. It is only after doing this for a while can you truly judge it.</p>
<p>The strategy works but you need to give it time. So don’t try it if you don’t the patience or bankroll to keep going. If you give up after a short time you might lose money. Keep going and you should win a nice amount.</p>
<p>This means being patient for a while. Your early results aren’t the be all and end all. Keep betting and you will see the average profit start to become clearer.</p>
<h2><strong>Is It Worth Doing Advantage Play If You Have 0% Commission?</strong></h2>
<p>What if you have a <a href="https://mikecruickshank.com/smarkets-alliance-software/">0% exchange deal</a>? Is it worth using the advantage play approach in that case? This is a great question that deserves to be looked into.</p>
<p>The fact is that you would be better laying the bets in this case. Why is this so? Well, one of the main reasons for using this method is to avoid paying commission. This helps to boost any profits that are made.</p>
<p>Yet, is the extra profit on top of a 0% deal going to add up to much? No, this isn’t going to be much more.</p>
<p>However, there is still a situation where this might be worthwhile. This is when you simply want to save some time. What if you are too busy to dedicate a lot of time to matched betting? Then advantage play is a perfectly fine way to do it more quickly.</p>
<h2>Which is the best Matched Betting site for Advantage Play?</h2>
<p>The best site for Advantage Play is <a href="https://mikecruickshank.com/profit-maximiser-review/">Profit Maximiser</a>. It&#8217;s been around since 2013 with over 20,000 people completing a full years membership. It&#8217;s full of <a href="https://mikecruickshank.com/betting-for-a-living-how-to-become-a-professional/">professional Matched Bettors</a> who are using this strategy.</p>
<p>If you want to learn advanced Matched Betting methods to increase your results, Profit Maximiser is the best site for that. Most other sites focus on very basic newbie offers which is why most people don&#8217;t make much money.</p>
<p>There&#8217;s a 14 day trial for £1 running at the moment. <a href="https://mikecruickshank.com/profitmaximiser/">Click here for more information</a>.</p>
<span class='mb-center maxbutton-1-center'><span class='maxbutton-1-container mb-container'><a class="maxbutton-1 maxbutton maxbutton-sign-up-button" target="_blank" rel="noopener" href="https://mikecruickshank.com/profitmaximiser/"><span class='mb-text'>Click here to visit Profit Maximiser</span></a></span></span>
<h2><strong>Downsides to Using This Strategy</strong></h2>
<p>As with any type of betting strategy, there are some downsides to using advantage play in matched betting. Are these enough to make you think twice about it?</p>
<p>The main issue to look at is that of losing runs. This is something that you need to deal with using this strategy.</p>
<p>If you don’t want to have losing streaks then you could stick to traditional <a href="https://mikecruickshank.com/matched-betting-profit/">matched betting</a>. In that way, you will rarely lose. Even then the losses will minimal.</p>
<p>The higher the odds you choose, the lower the chance of winning. This means that you could have longer losing runs.</p>
<h2><strong>Benefits to Using This Strategy</strong></h2>
<p>It is now time to look at the potential benefits. Are there enough of them for you give this a try?</p>
<p>You may be particularly interested in the time-saving aspect. There is no time-consuming laying off to take into account. After you have put on your bet with the bookmaker that’s it.</p>
<p>This is a crucial benefit for many people. What if you work full-time and have a busy lifestyle? Through use of advantage play in matched betting you can still make money from the bookies.</p>
<p>Another good point is that you don’t need to keep funds in a betting exchange. If you like to keep your money in one place then this is ideal. You just need to have money with the bookies that you use.</p>
<p>It is also worth noting that the estimated value is higher with this approach. This is because you aren’t paying commission. There is no lay commission on winning bets to worry about.</p>
<h2><strong>Advantage Play in Matched Betting conclusion</strong></h2>
<p>This is a smart way of betting. There is no doubt that it has some advantages and a few disadvantages as well.</p>
<p>All in all, advantage play in matched betting is right for some people. But it isn’t right for everyone. It really depends upon what is most important to you. By fully understanding this strategy, you at least have another good option to consider.</p>
<p>The post <a href="https://mikecruickshank.com/advantage-play-matched-betting/">Advantage Play in Matched Betting</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
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		<title>Rinse the Bookies lay to Lose Guarantee</title>
		<link>https://mikecruickshank.com/lay-to-lose-guarantee/</link>
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		<dc:creator><![CDATA[Mike Cruickshank]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 08:17:13 +0000</pubDate>
				<category><![CDATA[Matched Betting]]></category>
		<guid isPermaLink="false">https://mikecruickshank.com/?p=27478</guid>

					<description><![CDATA[<p>You should be looking to take advantage of every worthwhile way of making money from the bookies. You may also have seen something called the minimum bet guarantee. If I told you it's possible to lock in £7.78 profit per race, would you be interested? Click here to find out all the details.</p>
<p>The post <a href="https://mikecruickshank.com/lay-to-lose-guarantee/">Rinse the Bookies lay to Lose Guarantee</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h1><strong>Rinse the Bookies lay to Lose Guarantee</strong></h1>
<p>You should be looking to take advantage of every worthwhile way of making money from the bookies. Matched Betting is a tremendous way of using their offers wisely. Consistent, risk-free profits can be picked up easily month after month.</p>
<p>Yet, you might need some extra help at some point too. What if you are currently looking for new ways to win cash? Maybe you have heard of the lay to lose guarantee and you&#8217;re intrigued by it. Could this method help you to build up your balance?</p>
<p>You certainly shouldn’t let the lay to lose guarantee slip past you. It is a smart way of picking up some extra cash. It is worth seeing whether it is right for you just now.</p>
<p>It&#8217;s also know as the minimum bet guarantee. It is the same thing and in a minute we will see exactly how it works.</p>
<p>In the examples below I could have locked in a profit of £7 per race. If you can repeat that a few times a day with different bookmakers you&#8217;ll be rolling in it!</p>
<p>Let’s find out all the details.</p>
<h2><strong>What Is Lay to Lose? </strong></h2>
<p>To make money in the way, you need to fully understand what it is all about. So, what does the lay to lose guarantee actually involve?</p>
<p>You can win up to £500 on selected horse races. The Bookies guarantee they will lay the advertised price (even on stake limited and bonus banned accounts). Previously, some bookies had a minimum bet guarantee of £100. Now, you are more likely to see £500 being advertised.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-27056" src="https://mikecruickshank.com/wp-content/uploads/2018/06/horse-racing-tipster.jpg" alt="horse racing tipster" width="620" height="413" srcset="https://mikecruickshank.com/wp-content/uploads/2018/06/horse-racing-tipster.jpg 620w, https://mikecruickshank.com/wp-content/uploads/2018/06/horse-racing-tipster-300x200.jpg 300w" sizes="auto, (max-width: 620px) 100vw, 620px" /></p>
<p>The lay to lose guarantee is seen as making the betting market fairer. It has recently become popular in the UK betting scene. However, it has already been highly successful in countries such as Australia. While it&#8217;s new here, the early signs are that it is here to stay.</p>
<p>Punters love this guarantee. There are certainly some reasons for thinking that it is worth looking into. With a bit of luck it could be exactly what you need to up your matched betting game.</p>
<p>You should be aware that there are some common restrictions, though. It will usually only apply to the win part of a bet. Each way bets aren’t included. Neither are multiple bets part of this guarantee. Some bookies open this offer at 10am, while others do it at 11am.</p>
<p>Let’s start by looking at some of the big name bookies with a minimum bet guarantee in place.</p>
<h2><strong>Which Bookmakers Have the minimum bet guarantee?</strong></h2>
<p>Some of the UK’s biggest bookies now offer this deal. It will be interesting to see how many others do the same in the near future.</p>
<p><a href="https://promos.betfair.com/promotion?promoCode=MBGRACINGIREUK">Betfair</a>, <a href="https://support.skybet.com/s/article/Horse-Racing-Guaranteed-Lay-To-Lose">Sky Bet</a>, <a href="https://www.williamhill.com/app/answers/detail/a_id/23700/session/">William Hill</a> and <a href="https://www.grosvenorcasinos.com/promotions/get-on-with-grosvenor-sport">Grosvenor Sports</a> all give you this opportunity. They have all added this option over the last month or two.</p>
<p>It seems likely that other bookmakers will soon follow suit too. Now that some of the big-hitters have this guarantee, others will probably need to offer it. The success it has had so far means that no bookmaker will want to miss out.</p>
<p>It&#8217;s very similar across the different bookies. Yet, the terms and conditions do vary from one bookie to another. So, it is worth checking out the details closely with your chosen bookmaker.</p>
<p>Generally, the lay to lose guarantee goes live at 10am every day. In some cases it might be an hour later. It was originally introduced just for Class 1 &amp; 2 races.</p>
<p>Do you have a <a href="https://mikecruickshank.com/gubbing/">gubbed account</a> with one of the bookmakers listed above? If so then you should be interested in this sort of guarantee. We will see why this in the next point.</p>
<h2><strong>How to Make Money from It?</strong></h2>
<p>Ok, so it is clear that there are lay to lose guarantee deals around. How can you make money from them?</p>
<p>The fact is that this isn’t particularly difficult to do. However, you need to understand what to do. Just as importantly, you need to do it at the right time too.</p>
<p>How does the minimum bet guarantee work in real life then? Let’s go through an example. With 5 to 10 minutes left I have two screens side by side. One has the bookie’s site. The other one has betting exchange loaded for the race. I am ready to move quickly when it&#8217;s necessary.</p>
<p>The actual method of making money is pretty basic. It is simple <a href="https://mikecruickshank.com/everything-about-arbitrage-betting/">arbitrage bets</a>. All that you need to do is watch the exchange for odds close to the bookies. As soon as the lay odds drop below the bookmaker odds, you should move. Be ready and preloaded with the maximum bet allowed in the bet slip.</p>
<h3><strong>Lay to lose Example 1<br />
</strong></h3>
<p>Comparing the Sky Bet odds against the Smarkets lay odds, I spot Cracker Factory with Sky at 7.0 and 6.4 to lay with Smarkets. The lay odds where falling rapidly. I placed a £83 back bet with Sky.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27481" src="https://mikecruickshank.com/wp-content/uploads/2018/11/sky-bet-lay-to-lose-1024x435.png" alt="sky bet lay to lose guarnatee" width="1024" height="435" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/sky-bet-lay-to-lose-1024x435.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/sky-bet-lay-to-lose-300x128.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/sky-bet-lay-to-lose-768x326.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/sky-bet-lay-to-lose.png 1600w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>I then submit an £83 lay bet with Smarkets (using the <a href="https://mikecruickshank.com/smarkets-alliance-software/">0% commission deal</a>) at odds 6.4.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27502" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Smarkets-lay-to-lose-guanratee-1024x219.jpg" alt="Smarkets lay to lose guanratee" width="1024" height="219" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Smarkets-lay-to-lose-guanratee-1024x219.jpg 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Smarkets-lay-to-lose-guanratee-300x64.jpg 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Smarkets-lay-to-lose-guanratee-768x164.jpg 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/Smarkets-lay-to-lose-guanratee.jpg 1636w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>Using the <a href="http://bonusbagging.co.uk/calculator.php">Matched Betting calculator</a> I could have locked in an £7.78 equal profit across all runners. However I decided to underlay so if Cracker Factory won the race, I would make £49.80. If he didn&#8217;t win I would break even.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27485" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Matched-betting-calculator-1024x956.png" alt="Matched betting calculator" width="831" height="776" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Matched-betting-calculator-1024x956.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Matched-betting-calculator-300x280.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Matched-betting-calculator-768x717.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/Matched-betting-calculator.png 1226w" sizes="auto, (max-width: 831px) 100vw, 831px" /></p>
<p>&nbsp;</p>
<p>Unfortunately Cracker Factory didn&#8217;t win so I broke even.</p>
<h2>Lay to lose Example 2</h2>
<p>I moved on to the next race, the 13:15 Cheltenham.</p>
<p>Comparing the Sky Bet odds against the Smarkets lay odds, I saw Ibis Du Rheu at odds of 7.0 with Sky and 6.6 lay odds with Smarkets. I placed an £83 back bet with Sky on Ibis Du Rheu.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27488" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-bet-lay-to-lose-guanratee-2-1024x412.png" alt="Sky bet lay to lose guanratee 2" width="1024" height="412" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-bet-lay-to-lose-guanratee-2-1024x412.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-bet-lay-to-lose-guanratee-2-300x121.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-bet-lay-to-lose-guanratee-2-768x309.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-bet-lay-to-lose-guanratee-2.png 1526w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>I submitted the £83 Smarkets lay bet at odds 6.6, however they matched my bet at odds of 6.4. They have a feature called best price execution. If they match you at better odds, it increases the stake. The liability stays the same. My lay stake was adjusted to £85.57. I placed £2.57 back bet to bring the total lay amount matched to £83.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27489" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Smarkets-lay-to-lose-2-1024x312.png" alt="" width="1024" height="312" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Smarkets-lay-to-lose-2-1024x312.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Smarkets-lay-to-lose-2-300x91.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Smarkets-lay-to-lose-2-768x234.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/Smarkets-lay-to-lose-2.png 1538w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>The odds are the same as example 1. Using the <a href="http://bonusbagging.co.uk/calculator.php">Matched Betting calculator</a> I could have locked in an £7.78 equal profit across all runners. However I decided to underlay so if Ibis Du Rheu won the race, I would make £49.80. If he didn&#8217;t win the race I would break even.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27485" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Matched-betting-calculator-1024x956.png" alt="Matched betting calculator" width="722" height="674" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Matched-betting-calculator-1024x956.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Matched-betting-calculator-300x280.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Matched-betting-calculator-768x717.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/Matched-betting-calculator.png 1226w" sizes="auto, (max-width: 722px) 100vw, 722px" /></p>
<p>The good news is Ibis Du Rheu romped home and won!</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-27499" src="https://mikecruickshank.com/wp-content/uploads/2018/11/lay-to-lose-guarantee.jpg" alt="lay to lose guarantee" width="592" height="345" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/lay-to-lose-guarantee.jpg 592w, https://mikecruickshank.com/wp-content/uploads/2018/11/lay-to-lose-guarantee-300x175.jpg 300w" sizes="auto, (max-width: 592px) 100vw, 592px" /></p>
<p>£581 return &#8211; £83 stake = £498 profit.</p>
<p>£498 profit &#8211; £448.20 lay liability = <strong>£49.80 total profit.</strong></p>
<p>Not too shabby placing bets with my stake limited Sky Bet account.</p>
<p>If you can lock in £7 per race with a different bookmakers a few times a day, you will be laughing all the way to the bank.</p>
<h2><strong>Is Underlay or Locking In a Profit the Best Strategy?</strong></h2>
<p>What is the best approach? Overall, it isn’t going to make a great deal of difference if you underlay or lock in. Both of these are great strategies for winning money.</p>
<p>But the most popular strategy is underlaying. That means you break even when the horse loses, but make a big profit when it wins. What do you feel most comfortable with?</p>
<p>If you want to make a profit on every race regardless of the winner, use the standard lay option.</p>
<p>If you don&#8217;t mind breaking even on a few races and then making a large profit on one race, you should underlay.</p>
<p>You might like to give both methods a try. This will allow you to see which is best for you. Personally I always underlay.</p>
<h2>How to find Class 1 &amp; 2 races</h2>
<p>The bookies only do the minimum bet guarantee on class 1 &amp; 2 races. They focus on the higher quality races. Here&#8217;s how to find them: &#8211;</p>
<p>Head over to the Racing Post. Click cards ==&gt; today ==&gt; look at the race titles. If it says class 1 or class 2, you can place bets to win up to £500 on those races.</p>
<h2><strong><img loading="lazy" decoding="async" class="alignnone wp-image-27493" src="https://mikecruickshank.com/wp-content/uploads/2018/11/racing-post-1024x498.png" alt="" width="656" height="319" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/racing-post-1024x498.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/racing-post-300x146.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/racing-post-768x373.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/racing-post.png 1654w" sizes="auto, (max-width: 656px) 100vw, 656px" /></strong></h2>
<h2><strong>How Do You Work Out the Back Stake to Place?</strong></h2>
<p>Calculating the correct back stake is another crucial factor. If you get this wrong then it is going to seriously affect your chance of a good profit. You are allowed to win up to £500 per race. Here is the formula to work out the maximum back stake.</p>
<p>500 / (Bookmaker odds &#8211; 1)</p>
<p><strong>Example</strong></p>
<p>You see a horse with odds 8.0 and want to work out the maximum stake you are allowed.</p>
<p>(8.0 &#8211; 1) = 7</p>
<p>500 / 7 = £71.42.</p>
<p>You are allowed to stake up to £71.42 on that horse.</p>
<h2><strong>When Is the Best Time to Look for Bets?</strong></h2>
<p>The odds on the exchange tend to move a lot in the build-up to a race. Around 10 minutes beforehand you might see the odds move significantly.</p>
<p>At this time, you can look to catch the bookies out. This can happen if they are slow in updating their odds. This is what makes this the best window of opportunity. In those few minutes, things can move quickly and you can use this to your benefit.</p>
<p>Can you also place your bets earlier in the day? It’s no good doing this earlier in the day. You won’t find the same possibilities for earning money. Sadly, this means that you can’t just fire off the bets in the morning and check the results later on in the day.</p>
<p>If you are going to use the lay to lose guarantee you need the time to make it work. You can’t afford to just put on a bet early and forget about it. This is a betting strategy in which the timing is vital. Put just a little bit of time and effort into it to get your rewards.</p>
<h2><strong>Do You Have Any Software That Finds the Bets?</strong></h2>
<p>Of course, normal matched betting is so much easier when you use the right software. This lets you find the right bets and works out the odds for you. It is this software that makes matched betting accessible for many people.</p>
<p>Can you use software on lay to lose guarantee deals too? Is there a tool that lets you do this smoothly and effortlessly? The answer is that you can use software to help you. Well, up to a point anyway.</p>
<p>You can use the <a href="https://mikecruickshank.com/matched-betting-software-review/">matched betting software</a> to find bets. These will be just the starting point, though. All you can do is find close odds matches in this way.</p>
<h2><strong>Is This Suitable for Newbies?</strong></h2>
<p>Should newcomers to <a href="https://mikecruickshank.com/matched-betting-profit/">matched betting</a> look at the lay to lose guarantee? Or is it something that should only really be tackled by experts? With so many newcomers to matched betting, a lot of people are looking for ideas.</p>
<p>Having said that, this isn’t really suitable for newbies. It is an advanced matched betting strategy. You need to be completely comfortable with the concept of matched betting to make it work. If you are just getting started then you might find it all a bit confusing.</p>
<p>So, you need to be confident about your skills if you are going to do this. If you are new to matched betting then there are plenty of other ways to get started.</p>
<p>It is also most suitable for people with bigger banks. You don’t want to try this method if you start with a small bank.</p>
<h2><strong>Does It Work on Gubbed Accounts</strong>?</h2>
<p>What if you have a <a href="https://mikecruickshank.com/gubbing/">gubbed account</a>? Maybe a bookie has restricted your access because you have taken advantage of too many deals. Or have you been winning too much money for their liking?</p>
<p>This can make life extremely tricky for you when it comes to using matched betting tactics.</p>
<p>Well, the good news is that you can still use the lay to lose guarantee. This is because it works perfectly on gubbed accounts. The real beauty of this strategy is that you can still use it even if your account is restricted.</p>
<p>For instance, what if you have had your Sky Bet account shut down? In this case, you can ask them to reopen it so you can take advantage.</p>
<p>The closing and restricting of punter’s accounts has been a big issue in recent years. This has caused a lot of bad feeling towards bookies. People can feel aggrieved if their accounts get blocked. Of course, if you profit from matched betting then you run the risk of being gubbed. The bookies try and sniff out people are making a lot of money from their offers.</p>
<p>The arrival of this guarantee has gone some way to making people happier in this respect. The chance for punters to use this minimum bet guarantee is a step in the right direction. If your account has been gubbed, this can feel like a fresh start for you.</p>
<h2><strong>Should I Do This on Accounts That Still Has Bonuses Privileges?</strong></h2>
<p>What if you haven’t been gubbed, though? Maybe you are still using your normal bookie bonuses. Should you still look to use the minimum bet guarantee like this? Maybe you are thinking about combining both approaches? Does that seem like a good idea?</p>
<p>The truth is that it doesn’t make so much sense in this situation. Why is this? It is simply because you can make more money from using the bonuses. These <a href="https://mikecruickshank.com/profit-maximiser-review/">offers can be highly lucrative</a> if you use them right. On the other hand, the lay to lose guarantee isn’t quite as profitable.</p>
<p>This guarantee is still a smart idea if your account is restricted, though. If your account isn&#8217;t bonus banned, this it isn’t the best use of your time. If you can still use bonus offers then do so. This guarantee is simply an ace up your sleeve that you can use if the time comes.</p>
<p>If your accounts don’t ever get restricted there is no need to use this method. You can just carry on winning as you have been doing so far.</p>
<h2><strong>Who Does It Suit?<br />
</strong></h2>
<p>No strategies suit everyone. We all have different factors to take into account. Do you like low risk betting or the chance to win big? Do you have a big starting bank?</p>
<p>How can you work out if the lay to lose guarantee is right for you?</p>
<p>We can narrow down exactly who this approach is suitable for. There are basically two factors that will show you whether this is something worth your time.</p>
<p>Firstly, you will be an advanced matched bettor rather than a beginner. You don’t want to use this technique for your first bets. There are much easier ways to get the ball rolling. If you are experienced then you can get going without any problems, though.</p>
<p>Secondly, your account will be bonus banned. As we just saw, this offer is available for gubbed accounts. In fact, it is the smartest way to make money when your accounts are gubbed.</p>
<p>If you meet these two conditions then it is a good choice. If not, then there are <a href="https://mikecruickshank.com/profit-maximiser-review/">other ways of making money for you to look at</a>. It is also worth remembering that a decent starting bank is also recommended.</p>
<h2><strong>Lay to Lose Guarantee: Conclusion</strong></h2>
<p>In summary, this is an advanced matched betting strategy that can be very useful. It isn’t right for everyone and every occasion. But it can be a smart move for a lot of matched bettors.</p>
<p>This is a great way to keep your profits ticking over. It works on the daily horse racing to give you regular profits.</p>
<p>Best of all, you can use gubbed accounts with the minimum bet guarantee. If you have been struggling to use bonus offers then this is a terrific solution.</p>
<p>The post <a href="https://mikecruickshank.com/lay-to-lose-guarantee/">Rinse the Bookies lay to Lose Guarantee</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
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		<title>Profit from Request a Bet Offers</title>
		<link>https://mikecruickshank.com/profit-from-request-a-bet-offers/</link>
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		<dc:creator><![CDATA[Mike Cruickshank]]></dc:creator>
		<pubDate>Thu, 15 Nov 2018 19:53:04 +0000</pubDate>
				<category><![CDATA[Matched Betting]]></category>
		<guid isPermaLink="false">https://mikecruickshank.com/?p=27449</guid>

					<description><![CDATA[<p>The idea of creating your own bet is certainly very tempting. Surely this is a great way of beating the bookies, isn’t it?  Well, the truth is that the bookmakers absolutely love this sort of DIY bet. They know that they are going to make a lot of money out of them because you can't check their value against Betfair. There are some smart moves you can make with request a bet bonus offers. Let’s take a look at what they are and how you can make money from them.</p>
<p>The post <a href="https://mikecruickshank.com/profit-from-request-a-bet-offers/">Profit from Request a Bet Offers</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h1><strong>How to Profit from Request a Bet Offers</strong></h1>
<p>The idea of creating your own bet is certainly very tempting. Surely this is a great way of beating the bookies, isn’t it? After all, it is a bet that you have created. Won’t you stand a better chance of winning like this?</p>
<p>Well, the truth is that the bookmakers absolutely love this sort of DIY bet. They know that they are going to make a lot of money out of them because you can&#8217;t check their value against Betfair. But do you stand a chance of making anything in this way? Or is it something to be avoided altogether?</p>
<p>There are some smart moves you can make with request a bet bonus offers. There are also a few common mistakes to avoid. Let’s take a look at what they are and how you can best use them.</p>
<h2><strong>What Are Request a Bets?</strong></h2>
<p>We need to start by going right back to the beginning. What are they about anyway? They are a relatively new arrival to the betting scene. So it is possible that you haven’t yet come across them at all yet.</p>
<p>It is probably easiest to describe them as being similar to traditional accumulator bets. You either build up your own bet or choose one that has been pre-made. Each bet covers a range of parts to it. You need them all to come up in order to win.</p>
<p>Here are some examples from Sky Bet.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27451" src="https://mikecruickshank.com/wp-content/uploads/2018/11/request-a-bet-offers-1024x445.png" alt="request a bet offers" width="1024" height="445" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/request-a-bet-offers-1024x445.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/request-a-bet-offers-300x130.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/request-a-bet-offers-768x334.png 768w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>Like classic accumulators, these bets usually offer poor value. Each extra outcome you add <a href="http://bonusbagging.co.uk/offers/whybookieslovemultiples.php">increases the bookmakers house edge</a>. The odds are usually high but they have no value without an offer attached.</p>
<p>Are they best just to be ignored then? Not quite, as you can turn them to your advantage if you are smart about it. I will look in a moment at how you can hope to win using them. It is possible if you do it right.</p>
<h2><strong>Which Bookies Have Them?</strong></h2>
<p>Not all bookies have these request a bet available to their customers. Depending upon which bookmakers you use, you might not have seen them yet.</p>
<p>However, with the popularity of these DIY bets growing, you may see them soon. It is highly likely that more and more bookmakers start to offer them. For the moment, the following bookies are among the main places that offer them: &#8211;</p>
<ul>
<li>10Bet &#8211; Create Your Bet</li>
<li>888Sport &#8211; MarketMaker</li>
<li>Bet 365- Bet Builder</li>
<li>Betfair Sportsbook- Odds On That</li>
<li>BetFred &#8211; PickYourPunt</li>
<li>Betway &#8211; Bet Your Way</li>
<li>BetVictor &#8211; PriceItUp</li>
<li>Boylesports &#8211; Bet Builder</li>
<li>Bwin &#8211; Build A Bet</li>
<li>Coral &#8211; Your Call</li>
<li>Ladbrokes &#8211; Get A Price</li>
<li>Paddy Power &#8211; What Odds Paddy</li>
<li>Sky Bet &#8211; Request A Bet</li>
<li>Sporting Bet &#8211; Build A Bet</li>
<li>William Hill &#8211; Your Odds</li>
</ul>
<p>These are very similar services with different names. Once you build your own bet with one bookie you can do it with any of them. The theory is always the same in every case.</p>
<p>I will also look later on at the bookies that let you ask for odds on your own bets. This is most commonly done over Twitter.</p>
<h2><strong>Example Bet </strong></h2>
<p>How does this work in real life? How will you set up this bet? There are 3 options.</p>
<p><strong>1)</strong> The easiest option is to choose something that someone else has already requested. This means that the price will already be waiting for you. Here is an example from the Blackpool v Accrington game.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27453" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-Bet-request-a-bet-1024x264.png" alt="Sky Bet request a bet" width="1024" height="264" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-Bet-request-a-bet-1024x264.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-Bet-request-a-bet-300x77.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-Bet-request-a-bet-768x198.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-Bet-request-a-bet.png 1776w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p><strong>2)</strong> Some bookmakers have a bet building tool. You can do this directly on a mobile device. Just choose the different options that you want to include. You can very quickly build a bet in this way.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27455" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Bet-365-Bet-builder-1024x260.png" alt="Bet 365 Bet builder" width="1024" height="260" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Bet-365-Bet-builder-1024x260.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Bet-365-Bet-builder-300x76.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Bet-365-Bet-builder-768x195.png 768w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p><strong>3)</strong> The other way you can do this is to tweet them a request. Include details of exactly what you want to include here. This gives the bookie the chance to work out a price and get back to you.</p>
<p>The easiest option is either using existing request a bet already displayed or the bet building service (if the bookmaker has it).</p>
<h2><strong>How Do You Profit from Them?</strong></h2>
<p>As with traditional accumulators, it is difficult to extract any value. You need a few different things to all go in your favour. If we look at the examples above it is easy to see how it can go wrong.</p>
<p>Yet, you can still profit from them. How will you do this? The best idea is to use the <a href="https://mikecruickshank.com/matched-betting-profit/">matched betting</a> approach. This means backing with the bookie and then laying off on Betfair. The advantage in this approach is going to come from the bonus they give you.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-27460" src="https://mikecruickshank.com/wp-content/uploads/2018/11/betway-request-a-bet.jpg" alt="betway request a bet" width="900" height="300" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/betway-request-a-bet.jpg 900w, https://mikecruickshank.com/wp-content/uploads/2018/11/betway-request-a-bet-300x100.jpg 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/betway-request-a-bet-768x256.jpg 768w" sizes="auto, (max-width: 900px) 100vw, 900px" /></p>
<p>Of course, this means choosing your bet wisely. Most examples of this type are hard to lay off efficiently. This is because you are covering a few different things at the same time with your bet. You can’t get a single lay bet that covers each element all at the same time.</p>
<p>This means that it isn’t like the typical matched betting approach. If you lay off each element individually the numbers won’t stack up. So it is time to be creative about it. It is time to find a smarter approach to lowering your risk levels.</p>
<h2><strong>Matched Betting Examples</strong></h2>
<p>How you can lay them? The key is understanding some of the more exotic Betfair lay markets. These tend to have very liquidity until 1 hour before the game starts. I&#8217;ll explain the markets and the basic rules.</p>
<p><strong>Any time Wincast market</strong> &#8211; Predict a correct combination of a player to score in this match AND the correct match result. Example Kane to score and England to win the match,</p>
<p><strong>Scorecast market</strong> &#8211; Predict who will score the first goal in this match AND what will be the Correct Score. Example Kane to score first and Correct score 2-1.</p>
<p><strong>To Score 2 Goals or more market</strong> &#8211; Predict which player score two goals or more in the game. Example Kane to score 2 goals.</p>
<p><strong>Penalty taken market</strong> &#8211; Predict is a penalty is going to be taken. Note this should not be confused with scoring a penalty.</p>
<p><strong>Match odds and BTTS market</strong> &#8211; Predict the winning team and if both teams score. Example England to win and Both teams won&#8217;t score.</p>
<p>What you need to do is compare the request a bets on offer against the available Betfair markets in the game. They are usually going to be in the exotic markets above. Let&#8217;s run through a few examples.</p>
<h2>Betfred Pick Your Punt Matched Betting Example</h2>
<p>Betfred is running a Pick Your Punt £5 offer on the England v USA game.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27461" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Betfred-pick-your-punt-1024x283.png" alt="Betfred pick your punt" width="1024" height="283" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Betfred-pick-your-punt-1024x283.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Betfred-pick-your-punt-300x83.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Betfred-pick-your-punt-768x212.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/Betfred-pick-your-punt.png 2048w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>Checking the markets I have found either team to be awarded a penalty at odds 3.75.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27462" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Betfred-Pick-your-punt-bet-1024x308.png" alt="Betfred Pick your punt bet" width="1024" height="308" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Betfred-Pick-your-punt-bet-1024x308.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Betfred-Pick-your-punt-bet-300x90.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Betfred-Pick-your-punt-bet-768x231.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/Betfred-Pick-your-punt-bet.png 1158w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>This can be layed off on the Betfair Exchange market penalty awarded &#8211; YES at odds 4.3.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27469" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Exchange-request-a-bet-1024x246.png" alt="Exchange request a bet" width="1024" height="246" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Exchange-request-a-bet-1024x246.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Exchange-request-a-bet-300x72.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Exchange-request-a-bet-768x185.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/Exchange-request-a-bet.png 1998w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<h2>Sky Request Bet Matched Betting Example</h2>
<p>Sky frequently have request a bet offers so I&#8217;ve included an example with them. Searching their markets I&#8217;ve England to win and both teams to score no.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27473" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-request-a-bet-football-1024x309.png" alt="Sky request a bet football" width="1024" height="309" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-request-a-bet-football-1024x309.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-request-a-bet-football-300x90.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-request-a-bet-football-768x231.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-request-a-bet-football.png 1984w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>This can be layed off on Betfair at odds 2.4. As you can see they aren&#8217;t giving away much value with these bets! The gap between the Sky Bet odds and Betfair lay odds is massive. No wonder they are pushing them so hard.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27475" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Lay-request-a-bet-1-1024x393.png" alt="Lay request a bet" width="1024" height="393" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Lay-request-a-bet-1-1024x393.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Lay-request-a-bet-1-300x115.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Lay-request-a-bet-1-768x295.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/Lay-request-a-bet-1.png 1994w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>The key is trawling through the markets available and matching them to the correct Betfair lay market. It does take a bit of time, but once you have learnt how to match the markets, you will be able to do it much quicker in future.</p>
<p>Ideally, you will get the best of both worlds with a free offer and a lay bet. In every case, you need to carefully check the numbers. You can then work out what the risks and potential profits are.</p>
<p>As you can see, this method needs some thought put into it. You can’t just stick to the same formula every single time. The first thing to check is whether you are going to get a free bet with it. After this, it should all fall into place.</p>
<h2><strong>Advantage Play Strategy</strong></h2>
<p>It isn’t always possible to lay all of these request a bet offers. You might find that there is simply no way of covering all of the possibilities. How can you make this work well for you, though?</p>
<p>A good example is the Sky Bet NFL Request a Bet Promotion. It&#8217;s not possible to lay the request a bet option off. There are no matching lay markets.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27464" src="https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-Bet-request-a-bet-NFL-1024x102.png" alt="Sky Bet request a bet NFL" width="1024" height="102" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-Bet-request-a-bet-NFL-1024x102.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-Bet-request-a-bet-NFL-300x30.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/Sky-Bet-request-a-bet-NFL-768x77.png 768w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>One option is to choose a low odds request a bet deal . You can do this if you are safe in the knowledge that you will get a free bet. Once it’s settled you will either be in profit or have a slight loss.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27471" src="https://mikecruickshank.com/wp-content/uploads/2018/11/low-odds-request-1024x226.jpg" alt="low odds request" width="1024" height="226" srcset="https://mikecruickshank.com/wp-content/uploads/2018/11/low-odds-request-1024x226.jpg 1024w, https://mikecruickshank.com/wp-content/uploads/2018/11/low-odds-request-300x66.jpg 300w, https://mikecruickshank.com/wp-content/uploads/2018/11/low-odds-request-768x169.jpg 768w, https://mikecruickshank.com/wp-content/uploads/2018/11/low-odds-request.jpg 1973w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>Let&#8217;s take a bet £5 get £5 free offer. If you can extract £4 from the free bet then it’s still a good deal. Even if the £5 qualifying bet loses, if you can make £4 from the free bet. Then you&#8217;ve only lost £1. If the £5 qualifier wins, you are laughing all the way to the bank!</p>
<p>Let’s imagine that the bookies edge is 15% on the initial £5 bet. This gives an average 75p loss completing similar offers over a large sample of bets (roughly 50). That still works out as an estimated value of roughly £3.25.</p>
<p>It is clear that this method isn’t free of risk. It will require you to take part in a decent sample of offers. The advantage comes from the free bet that is awarded. It&#8217;s also the fastest way of completing them.</p>
<h2><strong>Other Types of Request a Bet</strong></h2>
<p>In some cases, the bookie will offer specific request a bet offers. However, we have also seen that you can ask for your own bet. The bet building tools on some sites are easy to use too. This gives you the opportunity to check out a few different approaches. You should do this before you go ahead and request a bet.</p>
<p>You can also expand your options by using Twitter to get your bets agreed. This lets you create your own bets with more bookmakers other than those listed earlier.</p>
<p>The bookie will assess your bet and come back to you with the odds. If you are going to do this then be sure to get started early. Give them time to come back to with their terms before the game starts. Remember that you will need time to set up the lay bet too.</p>
<p>You need to send the bookie a message on Twitter to get the ball rolling. Be sure to use the right hashtag when you do this.</p>
<p>For example, with Betfred you can send your requests tagged as #PickYourPunt. If you want to get a DIY bet with BetVictor then it is known as #PriceItUp. For BetWay customers, tweets should mention #BetYourWay.</p>
<p>Other hashtags include #GetAPrice for Ladbrokes and #WhatOddsPaddy at Paddy Power. Finally you can ask about request a bet offers with William Hill using the #YourOdds hashtag.</p>
<p>Once you have tried them all you will have a feel for what they each accept or reject.</p>
<h2><strong>Which Sports Do They Have Offers On?</strong></h2>
<p>Football is currently the main sport for request a bet offers. This is what you are most likely to see offered to you. It is a sport that works well for these bets. There are plenty of different bets you can choose on each match.</p>
<p>There are also some American football offers now and again. As noted earlier, people sometimes send through requests on sports like basketball and horse racing too. But there are still very much in a minority.</p>
<p>What does the future hold for these DIY bets that you can create? Since they are good value for bookies and well received with punters, they should get more popular. Therefore, they will probably add more sports over the coming months and years.</p>
<p>It will definitely be interesting to see the future levels of demand. What sport will most punters be interested in over time? Football bets should remain extremely popular, though.</p>
<h2><strong>Are Request a Bet Offers Worth It?</strong></h2>
<p>Like most types of sports betting, there are both good and poor value request a bet offers. Whether they are worth it comes down to finding the right value.</p>
<p>For instance, some people might only like the risk free option. This is where you can lay the bets off. It is a decent way of making profits when done well. As with all types of matched betting, you are aiming for modest but regular wins.</p>
<p>It is definitely worth looking into this type of DIY bet for another reason. They look like they are here to stay. It really doesn’t look like, they are going anywhere. Bookies like their high margin products. Mug punters like the large odds the bets provide.</p>
<p>If you are smart about it, you can add a new string to your bow this these deals. It is a question of <a href="https://mikecruickshank.com/9-traits-of-successful-matched-bettors/">evolve or dissolve</a> when it comes to matched betting. You need to always take part in new offers to increase your chances of more profits.</p>
<h2><strong>Who Might This Approach Suit?</strong></h2>
<p>These bet offers are typically attractive to people who like long odds. These are the gamblers who dream of winning a fortune at a stroke. However, they tend to lose far more than they win. The sort of person who gambles big on accumulators might be tempted create their own bet.</p>
<p>When it comes to matched betting, who might it suit? It could be perfect for you if you spend a lot of time on your matched betting. This is because you get access to more possible deals. There is less chance of you running out of deals to take advantage of.</p>
<p>If you like to put some thought into things then you might like this too. It often needs a creative approach to find the right bets. You can get fully engrossed in this approach and spend a lot of time on if you like.</p>
<h2><strong>Request a Bet Offers: Conclusion </strong></h2>
<p>This is a fairly new type of bet that has become extremely popular lately. At first sight, it might appear to be weighed too heavily in favour of the bookies.</p>
<p>Yet, we have now seen that they can become a solid part of your strategy. By being creative, you can use matched betting techniques for safe, regular profits.</p>
<p>It certainly doesn’t pay to just ignore these request a bet offers. The more ways you can make money from the bookies then the better for your overall income. Just be careful to fully understand the numbers and the risks each time.</p>
<p>The post <a href="https://mikecruickshank.com/profit-from-request-a-bet-offers/">Profit from Request a Bet Offers</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
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		<title>How to Exploit the Bet 365 &#038; Paddy Power 2 up offer</title>
		<link>https://mikecruickshank.com/2-up-offer/</link>
					<comments>https://mikecruickshank.com/2-up-offer/#comments</comments>
		
		<dc:creator><![CDATA[Mike Cruickshank]]></dc:creator>
		<pubDate>Tue, 23 Oct 2018 18:38:05 +0000</pubDate>
				<category><![CDATA[Matched Betting]]></category>
		<guid isPermaLink="false">https://mikecruickshank.com/?p=27368</guid>

					<description><![CDATA[<p>Getting hold of the best available offers from bookies and casinos is the key to matched betting.  A good deal you can’t miss is the Bet365 and Paddy Power 2 Up offer. This is a deal that has attracted a lot of interest lately. But is it really worth it? In short, will it help you to win a lot more money? Read my article to find out more.</p>
<p>The post <a href="https://mikecruickshank.com/2-up-offer/">How to Exploit the Bet 365 &#038; Paddy Power 2 up offer</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h1><strong>Exploit the Bet 365 &amp; Paddy Power 2 Up Offer</strong></h1>
<p>Getting hold of the best available offers from bookies and casinos is the key to matched betting. Yet, how will you know which ones to use and which to avoid? Are there any that are just too good to miss out on?</p>
<p>A good example of a deal you can’t miss is with the Bet365 and Paddy Power 2 Up offer. This is a deal that has attracted a lot of interest lately. But is it really worth it? In short, will it help you to win a lot more money?</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27371" src="https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Offer.png" alt="2 Up Offer" width="611" height="179" srcset="https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Offer.png 1018w, https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Offer-300x88.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Offer-768x225.png 768w" sizes="auto, (max-width: 611px) 100vw, 611px" /></p>
<p>You can use this offer with either of the bookies mentioned. Yet, you will see that it suits you to choose one of them over the other. This will let you aim for the highest possible winnings.</p>
<p>It is definitely something that you should be looking into. By taking a good look at the details of this offer, you can find out how to take advantage of it.</p>
<h2><strong>How Do You Make Money from the 2 Up Offer? </strong></h2>
<p>The first thing you need to know is how to make money in this way. To do this, we need to see how the 2 Up offer actually works first of all. Then we can see how you will use it in in your real-life betting.</p>
<p>If you have Profit Maximiser, there is a detailed video with me walking through examples. It&#8217;s under the on-going bookmaker offers section.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27372" src="https://mikecruickshank.com/wp-content/uploads/2018/10/Profit-Maximiser-2-Up-Offer-1024x880.png" alt="Profit Maximiser 2 Up Offer" width="398" height="342" srcset="https://mikecruickshank.com/wp-content/uploads/2018/10/Profit-Maximiser-2-Up-Offer-1024x880.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/10/Profit-Maximiser-2-Up-Offer-300x258.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/10/Profit-Maximiser-2-Up-Offer-768x660.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/10/Profit-Maximiser-2-Up-Offer.png 1392w" sizes="auto, (max-width: 398px) 100vw, 398px" /></p>
<p>Basically, this is a deal for football <a href="https://mikecruickshank.com/matched-betting-profit/">match betting</a>. It pays out on your team as the winner if they go 2 goals up. So, let’s say that you bet on Everton to beat Southampton. Everton go 2 goals ahead in the first half hour. You have already won your bet by this stage.</p>
<p>It doesn’t matter what happens next. Southampton could score 3 or 4 and you will still win. It could end as a draw or your team could lose but it won’t matter. You still win the bet in any of these situations. As soon as Everton got the second goal the bet was decided.</p>
<p>So, the instant that your team goes 2 goals up you are a winner. But just on this part of the bet. However, there is still a decision to be made on what to do with the lay bet. This is what will finally determine exactly how much you win.</p>
<p>The moment your team goes a couple up you need to decide. You can either cash out the lay bet or let it run. How does this work in terms of your final profit? Well, it all depends whether your team holds on to the win or not.</p>
<p>If they lose their 2 goal lead and you don’t cash out what happens? In this case, you would win both the lay back and the back bet. You won the back bet when Everton scored 2 goals. You then won the lay bet when Southampton fought back to win 3-2 or whatever score it ended.</p>
<p>This could mean that you get a fantastic profit. You will have achieved the Holy Grail of winning both sides of the bet. A few wins of this type will really see your profits build up.</p>
<p>However, what if your team holds onto the lead and wins? When this happens, you lose the lay bet, obviously. This means that when the 2 Up offer is triggered you might want to cash in the lay bet. Rather than hoping for a fight back, you are taking the safe option in this way.</p>
<p>I will look at this decision in more detail later.</p>
<h2><strong>Is the 2 Up Offer Worth Bothering With?<br />
</strong></h2>
<p>It is clear that some bookie deals are better than others. Is this one that you should be looking to use? The answer is that you should definitely make the most of this 2 Up offer while you can.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-27373" src="https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-testimonial.png" alt="2 Up testimonial" width="960" height="188" srcset="https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-testimonial.png 960w, https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-testimonial-300x59.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-testimonial-768x150.png 768w" sizes="auto, (max-width: 960px) 100vw, 960px" /></p>
<p>The deal varies according to the bookie used. This is due to the different odds that they provide. The better the odds you get on the back bet, the bigger the potential profit up for grabs. With the right odds you can get a huge win like this.</p>
<p>When it comes to Bet365, this is their very best sports offer right now. In fact, their great odds make it one of the best sports offers I’ve seen. You can definitely pick up a lot of money in this way.</p>
<p>With Paddy Power, this season the odds have been relatively poor. This means it&#8217;s not as easy to extract value out of them. This offer only makes sense when the odds are good enough. Don’t waste time and effort on poor odds.</p>
<p>Therefore, you are better focusing on Bet365 bets. The fact that that they have much more competitive odds is great news for you.</p>
<p>This deal is typically offered on high profile matches. This means games in the Premier League, La Liga and the Champions League are all featured. There is no need to look into obscure leagues and low profile games.</p>
<h2><strong>2 Up Calculator</strong></h2>
<p>How will use the 2 Up offer to the maximum effect? As with most things in matched betting, it comes down to understanding the maths behind it. You then use the figures to work out what to do next.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27374" src="https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Calculator-1024x614.png" alt="2 Up Calculator" width="622" height="373" srcset="https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Calculator-1024x614.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Calculator-300x180.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Calculator-768x461.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Calculator.png 1384w" sizes="auto, (max-width: 622px) 100vw, 622px" /></p>
<p>This means that using my 2 Up calculator makes life a whole lot easier. To start doing this, you can put in some simple details. You enter the stake, the exchange commission, the bookie’s back odds, the lay odds and the in-play back odds.</p>
<p>These basic detail allow you to see the different possible outcomes. By doing this, you can be sure whether it makes sense to lock in a profit or not. It is very easy to understand and quick to use.</p>
<p>You need to join <a href="https://mikecruickshank.com/profitmaximiser/">Profit Maximiser</a> to get access to this tool. You will also be able to see the training video that shows you how it works in real life. This is going to make matched betting so much easier for you.</p>
<h2><strong>Should I Lock in a Profit or Let It Ride?</strong></h2>
<p>As we have seen, the big decision is whether to lock in a profit or not. This is something that you need to decide once your team goes 2 up. There are a few points that are going to affect your decision.</p>
<p>First of all, do you have the time to sit around and check the matches? Or will you need to place the bet and then let it run? Will you be ready to spring into action as soon as a couple of goals are ratted in or not?</p>
<p>Personally, I like to let the bet ride as it means I don’t need to sit and constantly check the matches. However, it really depends upon your own taste and your lifestyle. If you love following matches live then this won’t be any problem for you to do.</p>
<p>What if you have some spare time and are completely new to matched betting? Well, then I would lock in when the score gets to 2-2. This gives you the chance of locking in the best possible profit with no fuss.</p>
<p>Above all, it is vital that you make a plan of action and stick to it. Do not cash out when it goes 2-0 and you see a small profit. It’s not worth doing over the long term, as the profit isn’t big enough.</p>
<p>This is a way of carrying out smart matched betting that gives you the chance for far bigger wins. Why not set yourself the target of winning as much as you can from the 2 Up offer?</p>
<h2><strong>What Is the Maximum Qualifying Bet Loss I Should Take?</strong></h2>
<p>When you start placing bets using this 2 Up offer, what qualifying bet loss should be your maximum? This is important in order to be sure that you are going to make money from the offer.</p>
<p>I’d recommend £2 per £100 staked. If it is any more than this you might not make any money from it.</p>
<p>Then there is the matter of the best odds range to focus on. I’ve found more success with teams that are priced above 1.6. Short priced favourites don’t tend to be the best value for money. This is because when you cash out the odds are typically really low in these cases.</p>
<p>With this approach, you shouldn’t be afraid of betting on outsiders either. You can often can place a small bet and still make a massive profit. The qualifying bet loss is often very small when you do this.</p>
<h2><strong>How Often Does the 2 Up Occur?</strong></h2>
<p>This is the sort of bookie offer that you will want to see as often as you can. So, how often can you lock in a decent profit? Roughly once every 30 bets is my experience.</p>
<p>This can mean that you will get good winnings over a month or so. However, it also means that qualifying bet losses can build up if you aren’t careful. You will be able to lock in a profit every single time.</p>
<p>It is a good idea to make a plan to place a good number of bets like this. For example, you could commit to placing at least 250 bets. With this sort of figure, the results should average themselves out.</p>
<p>Don’t just settle for a bet now and then. If you place plenty of bets you will see the true value of this offer.</p>
<h2><strong>How to Find 2 Up Bets?</strong></h2>
<p>How will you find the right matches to bet on? The simplest approach is to use the odds software on the calendar. This shows you the bets that qualify. You can very quickly find suitable bets in this way. It only shows bets that qualify for the 2 Up offer.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27375" src="https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Odds-Matching-1024x373.png" alt="2 Up Odds Matching" width="634" height="231" srcset="https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Odds-Matching-1024x373.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Odds-Matching-300x109.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-Odds-Matching-768x280.png 768w" sizes="auto, (max-width: 634px) 100vw, 634px" /></p>
<p>Another smart idea is to follow the Profit Maximiser forum. Here, you can see what bets other people recommend right now. This lets you move quickly and without any fuss.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27376" src="https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-forum.png" alt="2 Up forum" width="361" height="246" srcset="https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-forum.png 964w, https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-forum-300x204.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/10/2-Up-forum-768x523.png 768w" sizes="auto, (max-width: 361px) 100vw, 361px" /></p>
<p>What if you are an advanced user and want to search for your own? You can do this too, although clearly it will take more time to do so. However, it is incredibly satisfying to find some great matches on your own.</p>
<p>It is worth remembering that you shouldn’t look too far ahead. Only place bets for games taking place within the next 12 hours. Do not place any bets on matches that are taking place days away.</p>
<p>The Bet365 traders don’t like it. They may ban your account a lot faster if they see you doing this. So be patient and wait until closer to kick-off time.</p>
<p>Ideally, you will place a bet only when the game is starting within a few hours. There is much more liquidity in the markets at this time too.</p>
<h2><strong>Can You Get Gubbed Doing 2 Up Bets?</strong></h2>
<p>Getting your account <a href="https://mikecruickshank.com/gubbing/">gubbed</a> is one of the big fears with matched betting. This is when the bookmaker thinks that you are winning too much. Maybe they have noticed that you are taking advantage of too many offers for their liking.</p>
<p>They will restrict your account, which will severely hamper your matched betting activity. You might not be able to use any offers for a while, for example.</p>
<p>Yet, by being clever you can try your best to avoid it. Is betting on 2 Up offers going to affect this? Will regular profits on this deal put you firmly in the bookie’s sights?</p>
<p>Yes, it certainly can. This is because you are taking value from Bet365. Like all bookies, they want to see their customers losing money. If you keep taking value then they will keep a close eye on your activity.</p>
<p>Bet 365 haven’t been coming down too hard on this lately, though. Therefore, this offer remains well worth taking up for the time being. However, don’t touch any <a href="https://mikecruickshank.com/everything-about-arbitrage-betting/">arbitrage bets</a>. They won’t like it if you do that and may well restrict your account.</p>
<h2><strong>How Many Bets Should You Place a Week?</strong></h2>
<p>This is a common question to asked. People tend to wonder how many bets they should place. Is there a certain limit that you need to be aware of? Is there a minimum or a maximum to bear in mind?</p>
<p>The truth is that it’s very difficult to answer this question. However, the best answer is that you should place as many as you can. In other words, as many bets as your bank will allow.</p>
<p>We don’t know how long this offer will be around for. It could disappear at any time. This means that you should look to take advantage of these deals while you can.</p>
<h2><strong>Will the 2 Up Offer Be Around Forever?</strong></h2>
<p>Well, as we saw in the last point, this deal won’t last forever. Quite when it will disappear for good is anyone’s guess, though. Will it be around until the end of the year or longer? Hopefully, we still have time to make some handsome profits on it.</p>
<p>Bookie offers chop and change all the time, though. Why is this? Mainly it’s because it’s not an effective marketing strategy to keep the same one. When people see the same offers all the time it doesn’t have the same impact. A new offer tends to look fresher and more exciting.</p>
<p>The next offers to come out from Bet365 and Paddy Power might be as good. They might be better, or they might be worse.</p>
<p>We simply don’t know yet. The one thing we know is that the deal won’t last forever. This is why it is such a good idea to take advantage of this offer while you can.</p>
<h2><strong>Use Smarkets for 0% Commission</strong></h2>
<p>The commission that you pay on the lay bets can greatly affect your overall profits. Therefore, it pays to minimise any qualifying bet losses as much as possible.</p>
<p>Using Smarkets for your lay bets is a good way of doing this. Rather than paying the 5% with Betfair, you get a <a href="https://mikecruickshank.com/smarkets-alliance-software/">0% commission deal</a>.</p>
<p>This 5% difference might not sound like much. However, over a number of bets it will make a substantial difference. If you haven’t yet given this betting exchange a try then now is a good time to do so.</p>
<h2><strong>Can You Only Do 2 Up Offers on Football?</strong></h2>
<p>Most people think that this offer only exists on football matches. This means that you might that it isn’t available on any other sports. This isn’t quite true, though.</p>
<p>You can also place 2 Up offer bets on NFL matches as well. In fact, this can turn out to be extremely profitable. As well as adding some extra variety to your week, of course.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27377" src="https://mikecruickshank.com/wp-content/uploads/2018/10/NFL-2-UP-1024x216.png" alt="NFL 2 UP" width="1024" height="216" srcset="https://mikecruickshank.com/wp-content/uploads/2018/10/NFL-2-UP-1024x216.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/10/NFL-2-UP-300x63.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/10/NFL-2-UP-768x162.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/10/NFL-2-UP.png 1080w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>The key is in finding close odds matches to bet on. If you do this then American Football can be great for betting on too. If there aren’t any suitable footie matches on then this is a nice alternative.</p>
<h2>2 Up FAQ</h2>
<p>This has been written by <a href="https://mikecruickshank.com/profitmaximiser/">Profit Maximiser</a> member Cathal.</p>
<div>
<ol>
<li><strong>What&#8217;s an acceptable qualifying bet loss?<br />
</strong>Opinions vary between a percentage of stake or a percentage of potential profit. Many aim for a maximum qualifying loss of £2 per £100 staked.</li>
<li><strong>How often does it hit?<br />
</strong>Research on the results across all the leagues in the offer has shown that a team that goes 2-0 up and then loses happens on average once in 35 games. As there are two teams in every game,  look for minimum <b><i>effective odds</i></b> of 70.</li>
<li><strong>What are effective odds?<br />
</strong>Effective odds are the actual odds you will have taken, based on your potential winnings from your qualifying loss. For example, if your qualifying loss is £1 but you stand to earn £100 profit then your effective odds are 100.0.</li>
<li><strong>How do I calculate effective odds?<br />
</strong>Effective Odds = Profit / Qualifying Loss</li>
<li><strong>What is ‘cashing out’?<br />
</strong>A cash-out is when you take some of your potential profits from the promotion before the match has finished. If a team which went 2-0 ahead then went 3-0 ahead, it would become less likely that your lay bet would win and you wouldn’t profit overall. It’s possible to guarantee some profit by cashing out at 2-0, 2-1, 2-2 or 2-3.The in-play odds on your team for the cash-out, and therefore your profit, will be lower at 2-0, higher at 2-1 and higher again at 2-2 or 2-3.</li>
<li><strong>How do I cash out?<br />
</strong>After your team has gone 2-0 up, you can choose to place an in-play back bet on the same team you originally layed. You can do this at the exchange . You need to use the 2 Up calculator on the Profit Maximiser website to calculate the back stake using the current in-play odds.It is essential you understand the cash-out process BEFORE the match starts, as anything can happen during a football match and the in-play odds can change very quickly. Watch Mike’s videos beforehand &#8211; TWICE!</li>
<li><strong>What&#8217;s the best strategy when a team goes two goals up?<br />
</strong>Opinions vary. The five main strategies in terms of increased profitability and higher risk are:</p>
<ol>
<li>Cash out your full stake if the match goes to 2-0 (although this may not produce much profit, especially for low odds teams).</li>
<li>Cash out your full stake if the match goes to 2-1.</li>
<li>Cash out a percentage (e.g. 50%) of your stake at 2-1 and then the rest if the match goes to 2-2.</li>
<li>Cash out your entire stake if the match goes to 2-2.</li>
<li>Let the bet run without cashing out at all. This will give the highest profit if the team which went 2-0 doesn’t subsequently win the match. However this strategy runs the risk of the team that went 2-0 up, then were pegged back to 2-2, eventually scoring again to win 3-2. In this scenario you wouldn’t have made any profit.</li>
</ol>
</li>
<li><strong>Does this offer help get the £50 in-play free bets?<br />
</strong>The general consensus is that it does. Many members have reported that their free in-play bets jumped from £10 or £25 to £50 after a few weeks of doing £50+ stakes for the 2Up promo.</li>
</ol>
</div>
<h2><strong>2 Up Offer Conclusion</strong></h2>
<p>There is no doubt that the 2 Up offer is worth using. This is especially true with Bet365, thanks to their more attractive odds.</p>
<p>It isn’t a particularly difficult bookie offer to use. But you do need to understand the figures behind each bet. By getting to grips with the basics you can enjoy a lot of success in this way.</p>
<p>The post <a href="https://mikecruickshank.com/2-up-offer/">How to Exploit the Bet 365 &#038; Paddy Power 2 up offer</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
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		<title>Bookmakers That Went Bankrupt Due to Matched Betting</title>
		<link>https://mikecruickshank.com/bankrupt-bookmakers/</link>
					<comments>https://mikecruickshank.com/bankrupt-bookmakers/#comments</comments>
		
		<dc:creator><![CDATA[Mike Cruickshank]]></dc:creator>
		<pubDate>Sun, 30 Sep 2018 21:04:38 +0000</pubDate>
				<category><![CDATA[Matched Betting]]></category>
		<guid isPermaLink="false">https://mikecruickshank.com/?p=27324</guid>

					<description><![CDATA[<p>Taking money off the bookies has never been easier than it is right now. After years and years of skimming fat profits, these companies are now getting a taste of their own medicine.  The emergence of matched betting has finally evened up the odds. One of the big issues to look out for is that of bankrupt bookmakers. The likes of Canbet, Bet Butler and Win Cash Live have all gone bust lately. What causes this and what can you do to avoid the problems it causes? Is it linked to the success of matched betting?</p>
<p>The post <a href="https://mikecruickshank.com/bankrupt-bookmakers/">Bookmakers That Went Bankrupt Due to Matched Betting</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h1><strong>Bookmakers That Went Bankrupt Due to Matched Betting</strong></h1>
<p>Taking money off the bookies has never been easier than it is right now. After years and years of skimming fat profits, these companies are now getting a taste of their own medicine.</p>
<p>The emergence of <a href="https://mikecruickshank.com/matched-betting-profit/">matched betting</a> has finally evened up the odds. Well, to be honest it has put the odds firmly in favour of the public at last. You can now enjoy an unfair advantage that they can’t do anything about.</p>
<p>This is fantastic news for anyone who wants to make some extra cash. Yet, you may wonder what effect this has on the bookmakers. How are they handling this new situation?</p>
<p>The truth is that they have taken it badly. Long gone are the days of getting easy money off the punters, after all. However, could this have a knock-on effect for matched bettors too? Might bookies be struggling to make money now?</p>
<p>One of the big issues to look out for is that of bankrupt bookmakers. The likes of Canbet, Bet Butler and Win Cash Live have all gone bust lately.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27326" src="https://mikecruickshank.com/wp-content/uploads/2018/09/Bankupt-bookmakers.jpg" alt="Bankupt bookmakers" width="276" height="276" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/Bankupt-bookmakers.jpg 500w, https://mikecruickshank.com/wp-content/uploads/2018/09/Bankupt-bookmakers-150x150.jpg 150w, https://mikecruickshank.com/wp-content/uploads/2018/09/Bankupt-bookmakers-300x300.jpg 300w, https://mikecruickshank.com/wp-content/uploads/2018/09/Bankupt-bookmakers-256x256.jpg 256w" sizes="auto, (max-width: 276px) 100vw, 276px" /></p>
<p>What causes this and what can you do to avoid the problems it causes? Is it linked to the success of matched betting?</p>
<h2><strong>Does Matched Betting Cause Bookies to Go Bust?</strong></h2>
<p>Perhaps you are wondering whether these two things are related. Since matched betting is now popular, could it be causing the downfall of bookies?</p>
<p>The first point to think about is that most bookies still win far more than they lose. For every person using matched betting techniques, they probably have hundreds of regular punters. A single high roller could win more on one bet then a matched bettor will over months.</p>
<p>Matched betting also typically sees you winning modestly but regularly. You will also spread your winnings over a number of bookies and casinos.</p>
<p>It is clear that matched betting isn’t the only problem that can cause a bookie to go bust. Indeed, there are other factors that are more important.</p>
<p>This often comes down to a flawed business model. Is the bookie banking on a market being more lucrative than it really is? Did they simply get their numbers wrong at the start?</p>
<p>They might also have over-spent on a massive marketing campaign. The eagerness to bring in new clients could see them over-stretch. They could also find that they end up attracting more gamblers than they can handle.</p>
<p>Rather than worrying about why this happens, it is more important to spot the signs. What should you be looking out for to avoid losing your money on a bookie’s crash?</p>
<h2><strong>How Can You Tell a Bookie Is In Trouble?</strong></h2>
<p>Are there some tell-tale signs that a bookmaker is struggling financially? There are certainly a few things that you should be looking out for.</p>
<ul>
<li>Long withdrawal delays. Every gambling site should make it clear how long it takes to get money out. If they are starting to slip this is a bad sign. Are they short of liquidity? Do they have lots of punters waiting to get paid?</li>
<li>Unrealistic offers. Do their current offers seem just too good to be true? We all love bookie offers but if they are unrealistic then they could be in trouble. Just as gamblers shouldn’t chase their losses, so bookies shouldn’t chase new clients blindly.</li>
<li>Lots of poor comments on <a href="https://mikecruickshank.com/matched-betting-forum/">Matched Betting forums</a>. There is a good chance that other customers start to discover problems before it hits the broader news. Are these recent poor reviews? Have people cancelled their accounts because the bookie didn’t keep their promises? Are Matched Betting forums filled with negative comments? Ignore any comments on sites like Trust Pilot, <a href="https://mikecruickshank.com/trust-online-betting-reviews/">they are not reliable</a>.</li>
<li>Lack of communication. If a bookie is having serious troubles they won’t want anyone to know about it. This means that they may not reply to your enquiries. If they have gone suspiciously quiet you should investigate further.</li>
<li>The company gets sold or taken over. Bookies that are doing well tend not to change hands. If a rival buys them out it could be a sign of problems. This is especially true if the price seems ridiculously low. However not all <a href="https://mikecruickshank.com/bookmaker-mergers/">mergers</a> mean they are about to go bankrupt.</li>
</ul>
<h2><strong>What Happens When a Bookie Goes Bankrupt?</strong></h2>
<p>Ok, so in the worst possible case the bookie goes bust. What happens next? Do you lose any money held in your account with them? Are you protected in any way?</p>
<p>There are a few different things that could happen here. In a moment we will look at what has happened in some real-life situations of this type.</p>
<p>The best case scenario is that someone rides in to rescue them. This could be a rival betting firm, for instance. They might see the chance to snap up the business and turn it around.</p>
<p>If this happens then it is probably a case of business as usual. Once the new owner takes over they should pay out to existing customers. The service might change but in many cases you won’t even notice any difference.</p>
<p>On the other hand, what if there is no rescuer waiting in the wings? The Gambling Commission will probably take away their license at some point. This may be too late if you have funds frozen, though.</p>
<p>In this case, it really depends upon whether your cash has been ring-fenced. If the betting company has done this then they should be able to repay everyone.</p>
<p>Technically, all UK bookmakers should do this. Some even state in their terms and conditions that customers are protected in the event of insolvency. However, you will probably still have a long, anxious wait to try and hold of your money.</p>
<p>Since there are a number of different possibilities, maybe we should look at some examples. What betting firms have gone under in recent times? How did their customers fare in getting their money back?</p>
<p>From past experience once they go under you are highly unlikely to get any money back.</p>
<h2><strong>Canbet</strong></h2>
<p>This sportsbook operator had a long slide towards its eventual demise. It had been around for ages, having started in the mid-1990s. But from about 2005 onwards it was one problem after another. Canbet eventually went out of business in 2014.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27327" src="https://mikecruickshank.com/wp-content/uploads/2018/09/Screen-Shot-2018-09-30-at-21.24.45.png" alt="" width="540" height="155" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/Screen-Shot-2018-09-30-at-21.24.45.png 954w, https://mikecruickshank.com/wp-content/uploads/2018/09/Screen-Shot-2018-09-30-at-21.24.45-300x86.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/09/Screen-Shot-2018-09-30-at-21.24.45-768x221.png 768w" sizes="auto, (max-width: 540px) 100vw, 540px" /></p>
<p>In the final year, the number of people owed money kept on increasing. The delays on paying out were <a href="http://www.abc.net.au/news/2014-03-07/online-betting-company-canbet-says-it-glitch-left-punters/5306802">blamed on an IT glitch</a> at the time. They eventually stopped taking in new clients or new bets but by then they owed a fortune.</p>
<p>Offering all clients a £500 bonus each week was never going to end well. The payouts started taking longer and longer and eventually they folded.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27328" src="https://mikecruickshank.com/wp-content/uploads/2018/09/Screen-Shot-2018-09-30-at-21.25.14.png" alt="" width="517" height="199" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/Screen-Shot-2018-09-30-at-21.25.14.png 1008w, https://mikecruickshank.com/wp-content/uploads/2018/09/Screen-Shot-2018-09-30-at-21.25.14-300x115.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/09/Screen-Shot-2018-09-30-at-21.25.14-768x296.png 768w" sizes="auto, (max-width: 517px) 100vw, 517px" /></p>
<p>It was estimated that they owed close to £1 million to punters around the world. At the time of writing, it is unclear whether anyone got the money due to them. Things went awfully quiet, which hopefully means that everyone got paid.</p>
<h2><strong>Bet Butler<br />
</strong></h2>
<p>The idea behind Bet Butler was certainly an interesting one. It started out in 2011 and offered anonymity while spreading customer’s bets around different bookies. This was said to be ideal for celebrities and millionaires who wanted no-hassle gambling.</p>
<p>By 2014 the site was history. This was when the Gambling Commission took away their license. So what went wrong? How did Bet Butler end up in such a bad way?</p>
<p>As with the previous example, the storm had been building for a while. Customers were getting frustrated at the poor customer service. Questions weren’t being answered and funds weren’t being released. Something wasn’t right and people realised it.</p>
<p>One Friday evening they offered all users a £200 matched bet. Their business model was charging 3% commission on winning bets (similar to exchanges except they didn&#8217;t offer lay bets). They didn&#8217;t last long after this.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27329" src="https://mikecruickshank.com/wp-content/uploads/2018/09/bet-butler.png" alt="bet butler" width="553" height="103" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/bet-butler.png 998w, https://mikecruickshank.com/wp-content/uploads/2018/09/bet-butler-300x56.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/09/bet-butler-768x143.png 768w" sizes="auto, (max-width: 553px) 100vw, 553px" /></p>
<p>Of course, this often makes things worse. If rumours spread about a bookie struggling then everyone wants their money out fast. This can put an unbearable strain on their resources that finally puts them out of business.</p>
<p>The company blamed their problems on growing too quickly. Their aggressive marketing campaign had apparently been just too successful. They spent a lot of cash on advertising but weren’t ready to deal with the results of this.</p>
<p>At the time of their crash, lots of people were owed money. Not everyone was able to get their cash out when the warning bell was rung. Some were too slow or weren’t even aware of the problems.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27330" src="https://mikecruickshank.com/wp-content/uploads/2018/09/bet-butlker-2.png" alt="bet butler 2" width="449" height="152" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/bet-butlker-2.png 952w, https://mikecruickshank.com/wp-content/uploads/2018/09/bet-butlker-2-300x101.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/09/bet-butlker-2-768x260.png 768w" sizes="auto, (max-width: 449px) 100vw, 449px" /></p>
<p>So what happened next? The list of their clients was <a href="https://www.sbcnews.co.uk/sportsbook/2014/10/02/betbutler-database-acquired-for-1/">bought by Momaco</a> for just one shiny pound coin. As part of this deal, they promised to settle all Bet Butler’s outstanding debts. As far as I&#8217;m aware nobody ever got any money paid back.</p>
<h2><strong>Win Cash Live</strong></h2>
<p>What about the strange case of Win Cash Live? They operated a live TV gaming show in the early hours of the morning. It started up in 2015 in a blaze of publicity but soon collapsed.</p>
<p>This betting firm <a href="https://calvinayre.com/2016/07/01/business/win-cash-live-enters-administration/">entered into administration</a> in 2016, after just a year of operation. At this point, their customers’ accounts were frozen. The holding company, Lean Forward Limited, said they had been unable to get in additional funds.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27331" src="https://mikecruickshank.com/wp-content/uploads/2018/09/wincashlive.png" alt="wincashlive" width="479" height="130" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/wincashlive.png 966w, https://mikecruickshank.com/wp-content/uploads/2018/09/wincashlive-300x81.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/09/wincashlive-768x208.png 768w" sizes="auto, (max-width: 479px) 100vw, 479px" /></p>
<p>Insolvency experts were appointed after they had failed to bring in this vital new investment. 23 employees were laid off and all existing bets were cancelled.</p>
<p>What caused their problems to begin with, though? As with Bet Butler, there was talk of a massively expensive marketing campaign not long before things went downhill. Did they spend more than they should have? It definitely sounds as though this might have happened.</p>
<p>They were offering a lot of matched bets and price boosts on a regular basis. However these were only small £10 / £20 offers. It was a bit more difficult to spot them going under.</p>
<p>There seem to have been fewer warning signs in this case. The company’s meltdown happened too swiftly for most people to react to it. Right now, there appear to have been no updates on whether people managed to get their winnings out.</p>
<h2><strong>666Bet</strong></h2>
<p>Another classic case of a betting firm going under came with 666Bet. This company had its license taken away in 2015. This was only a year after they first started doing business.</p>
<p>They had become very visible in that short period of time. Sponsorship deals with West Bromwich Albion and Leicester City helped to raise the profile of 666Bet. But something was badly wrong behind the scenes.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27332" src="https://mikecruickshank.com/wp-content/uploads/2018/09/666-bet.png" alt="666 bet" width="511" height="83" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/666-bet.png 972w, https://mikecruickshank.com/wp-content/uploads/2018/09/666-bet-300x49.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/09/666-bet-768x125.png 768w" sizes="auto, (max-width: 511px) 100vw, 511px" /></p>
<p>Many customers were unable to access their funds after the collapse. As is typical in this case, communication from the company was virtually non-existent.</p>
<p>The UK Gambling Commission worked hard to ensure people were paid. A deadline was set for people to claim what was due to them. They were told that claims received after this date would be rejected. However, a lack of money was then blamed for them not paying everyone anyway.</p>
<p>Things got more complicated when 666Bet was caught up in a <a href="https://www.independent.co.uk/news/uk/crime/hundreds-of-gamblers-fear-for-their-money-as-suspension-of-online-bookmaker-666bet-continues-10156317.html">money laundering investigation</a>. Some people got their money back but it appears that others lost out.</p>
<p>As part of this situation, the Gambling Commission confirmed their stance. They reminded the public that they don’t guarantee winnings being paid out. On their site, you can see the <a href="https://www.gamblingcommission.gov.uk/for-the-public/Your-rights/Protection-of-customer-funds.aspx">3 different levels of protection</a> that gambling firms can offer. None of them guarantees you the return of your funds, though.</p>
<h2><strong>Bet770</strong></h2>
<p>This story comes with a happy ending, unlike the others we have looked at. Yet, for a while it looked as though that was impossible. This site was fairly well-established and popular when it all went pear-shaped.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27333" src="https://mikecruickshank.com/wp-content/uploads/2018/09/bet-770.jpg" alt="bet 770" width="317" height="211" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/bet-770.jpg 690w, https://mikecruickshank.com/wp-content/uploads/2018/09/bet-770-300x200.jpg 300w" sizes="auto, (max-width: 317px) 100vw, 317px" /></p>
<p>Bet770 offered big £200 bonuses that plenty of punters grabbed. Lots of people won plenty of money in this way. It was a great offer for customers. The problem was that withdrawals were taking months to go through, though.</p>
<p>As in other cases, it looks like they over-stretched. Presumably they thought that these bonuses wouldn’t go down so well. Did they get the terms and conditions badly wrong?</p>
<p>The good news is that everyone finally got their money. The service was then rebranded as NetBet. It seems as though they got the fresh funding needed to stave off a full-blown crisis.</p>
<p>The site is now back up and running again as NetBet. It is now a highly-respected gambling site with a lot of positive reviews online. This is a good example of how a failing bookie can be rescued. Yet, there are far too many companies that just go down the tubes.</p>
<h2><strong>How to Avoid Problems</strong></h2>
<p>As we have seen, it is not unknown for betting firms to run into financial problems. In fact, it is more common than you might think. Sometimes it is sorted out but with others your money might be lost forever.</p>
<p>In either case, this means a lot of stress and hassle for you. Can you imagine waiting impatiently to see if you receive your money? This can turn into a form of torture that drags on and on for months.</p>
<p>How can you avoid this happening to you? You can’t avoid pure bad luck from time to time. But there are some tips for steering clear of bookies that might be most at risk.</p>
<p>The first point to make is that; pigs get fat, hogs get slaughtered. What does this mean? It means that being too greedy can end very badly.</p>
<p>It is fine to be tempted by good offers. However, you need to be wary if they frequently offer very high value bonuses. If it looks too good to be true then it probably is. Offering wild bonuses has been the downfall of more than one gambling company in the past.</p>
<p>When you are looking at a bookie then compare their offers to the biggest firms. Are they similar to the bonuses from giants like William Hill and Paddy Power? If they are offering a lot more then this is a red flag right away.</p>
<p>It is also worth remembering that privately owned companies are more likely to go under. A publicly listed firm is less likely to do this due to their shareholders.</p>
<p>By sticking to these tips you stand far less chance of running into problems. Of course, to carry out matched betting well you need open a number of accounts with different bookies. If you adopt a careless approach you could end up dealing with more than one struggling bookie.</p>
<h2><strong>What to Do Next?</strong></h2>
<p>The smartest way to get going is to follow a good <a href="https://mikecruickshank.com/best-matched-betting-service/">matched betting service</a>. They will be among the first to realise when there is a problem. Time is of the essence in getting out your money, so every day counts.</p>
<p>You will then get a warning that lets you act before most people realise there is an issue. A matched betting expert will be among the very first people to sniff out problems.</p>
<p>If you do this then you can bet with far more confidence. There are no guarantees in life but this is by far the safest approach.</p>
<p>It is worth pointing out that bookies going bust is still reasonably rare. Yet, the increasing number of gambling sites makes this a danger to bear in mind. If you do things in the right way then you will probably never be affected by this.</p>
<p>Yet, we have already seen the misery caused by failing bookmakers. So it makes sense to do everything you can to avoid getting caught up in this.</p>
<h2><strong>Conclusion<br />
</strong></h2>
<p>They say that you never see a poor bookie. Well, you do if they use an unsustainable business model.</p>
<p>Bookies do go bust, although not all that often. The chances are that you are able to steer clear of those that are in danger by using some common sense.</p>
<p>If you see any of the warning signs mentioned earlier then start looking into it further. Acting swiftly can save you a lot of hassle. Making good decisions right at the start is even better, though.</p>
<p>The main point to take away from this article is never have too much money with one bookmaker. Ideally no more than 1-2% of your bank. I know that&#8217;s not easy for newbies to follow. Once a bookie goes under you are very unlikely to see your money again. Never risk money you can&#8217;t afford to lose.</p>
<p>The post <a href="https://mikecruickshank.com/bankrupt-bookmakers/">Bookmakers That Went Bankrupt Due to Matched Betting</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
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		<title>9 traits of successful Matched Bettors</title>
		<link>https://mikecruickshank.com/9-traits-of-successful-matched-bettors/</link>
					<comments>https://mikecruickshank.com/9-traits-of-successful-matched-bettors/#comments</comments>
		
		<dc:creator><![CDATA[Mike Cruickshank]]></dc:creator>
		<pubDate>Mon, 24 Sep 2018 11:27:32 +0000</pubDate>
				<category><![CDATA[Matched Betting]]></category>
		<guid isPermaLink="false">https://mikecruickshank.com/?p=27311</guid>

					<description><![CDATA[<p>Over the last 8 years I've been running Matched Betting websites. Here are 9 traits of highly successful Matched Bettors.</p>
<p>The post <a href="https://mikecruickshank.com/9-traits-of-successful-matched-bettors/">9 traits of successful Matched Bettors</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h1><strong>9 traits of highly successful Matched Bettors</strong></h1>
<p>Matched betting has become very trendy in recent times. You may have read some accounts of how easy it makes earning money. Yet, do you have nagging doubts about whether you too could be successful at this?</p>
<p>It is clear why <a href="https://mikecruickshank.com/matched-betting-profit/">matched betting</a> has been in the news so much. There are plenty of people who love the idea of taking money off the bookies. Especially with very little risk involved. Anyone who discovers this terrific approach will be keen to make the most of it.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27314" src="https://mikecruickshank.com/wp-content/uploads/2018/09/guardian.jpg" alt="guardian matched betting" width="555" height="394" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/guardian.jpg 638w, https://mikecruickshank.com/wp-content/uploads/2018/09/guardian-300x213.jpg 300w" sizes="auto, (max-width: 555px) 100vw, 555px" /></p>
<p>Is this as easy to do as people make out, though? Certainly, some sites will tell you that this is incredibly simple to get started on. Will you make a fortune in a week or so in this way? Again, they will tell you that you will soon be swimming in banknotes.</p>
<p>This is definitely a fantastic way of earning money. However, you need to start off with realistic expectations and targets. Being successful starts with being informed and knowing what you are getting into.</p>
<p>The fact is that matched betting is a great choice for making money. Consistent profits are there to be gained without too much fuss. If you have always wanted a better lifestyle then this could help you to achieve it.</p>
<p>Yet, you may now wonder whether it is all a bit too complicated. It isn’t really complicated. However, to be successful you need to know what it is all about.</p>
<p>Over the last 8 years of running Matched Betting related websites, these are the most common traits of successful Matched Bettors. These are the things that you really need to do to be successful. Don’t miss this opportunity by not being aware of what it is all about.</p>
<h2><strong>1) Focus on Learning the Strategies</strong></h2>
<p>A common question asked about matched betting is, “How do I earn £XXX per month?” This might seem like a reasonable question. However, to ask it at the beginning is to look at things the wrong way round.</p>
<p>Anybody asking questions like that will usually have given up a few months later. This is because they will be too focused on getting a fixed amount of cash rather than learning how everything works first. Anything less than this and they will feel that they have failed.</p>
<p>You can definitely earn a <a href="https://mikecruickshank.com/how-much-can-you-make-with-matched-betting/">good amount of money each month</a>. This varies from person to person for different reasons. Over time, you will understand how much you can expect every month from this. But, it isn’t the first thing that you should be asking.</p>
<p>Successful matched bettors look at this challenge in a different way. They are constantly asking, “What are the strategies that I need to use?” You need to start by learning how they work too.</p>
<p>Once you master the strategies, the money will come to you. However, chasing the money without understanding the strategies won’t bring you long-term success. If you are only thinking about the end results then you will be stifling your chances of achieving what you want. You&#8217;ll have no idea how to get there.</p>
<p>Fortunately, you can earn money as you learn. There is no need to put everything on hold while you just pick up the strategies. Every time that you put a new strategy into action correctly you will win cash.</p>
<p>The more strategies you learn the better your chances of winning more. This will give you flexibility and variety in your matched betting.</p>
<p>This is one of the most common questions on the <a href="https://mikecruickshank.com/matched-betting-forum/">Profit Maximiser forum</a>. If you do see somebody posting a question like this, politely send them to this blog post. Pointing it out could completely transform their results.</p>
<h2><strong>2) The Journey Isn’t Clear at First – You Will Find the Way, Though</strong></h2>
<p>At first, matched betting can seem really confusing to beginners. How can it be that you basically get free money from bookmakers? Aren’t these companies that are notoriously difficult to win money from?</p>
<p>It is no wonder that newcomers to matched betting aren’t clear about how it works. It seems all a bit mysterious and mumbo-jumbo, doesn’t it? Some people worry that it might be a scam until they actually see the results with their own eyes. Another big question people have is how to make on going profits.</p>
<p>Well, the good news is that things get a lot clearer over time. There is no better way of seeing how it works than by getting started. The more you do this the clearer it will become. The doubts will soon disappear once you see the strategies in action.</p>
<p>Don’t lose faith if the journey isn’t clear at the outset. Everyone starts off in the dark but sticking at it soon brings its own rewards. You are sure to feel a growing sense of excitement as you progress.</p>
<p>Things fall in to place when you start taking consistent action. Don&#8217;t expect to login to Profit Maximiser and you automatically understand everything. It takes time, patience and action. Those who have it are rewarded handsomely.</p>
<h2><strong>3) Thinking There Is a Better Way</strong></h2>
<p>Have you spent years losing money on bets? The bookies love punters who are happy to keep on gambling and losing. They make so much money because this is what most people do.</p>
<p>Matched betting is for those people who think that there must be a better way. There is, and this is it. There is no longer any need to accept constant losses and hard luck stories.</p>
<p>Matched betting has changed the way that we bet. This has opened up thrilling new possibilities. Realising that there is a better way of betting is a moment that is sure to make you feel fantastic.</p>
<p>Did you know that 98% of gamblers and <a href="https://mikecruickshank.com/matched-betting-to-betfair-trading/">Betfair traders</a> lose money? Many of them still think that there is a better way of making money.</p>
<p>It is important to look for a better way of betting. However, it is just as important to realise when you have found it. With matched betting, you will see that this is a clever, sustainable way of beating the bookies.</p>
<p>Let me make this brutally clear. If there was a better way than Matched Betting, I&#8217;d be selling it!</p>
<h2><strong>4) Take Action Consistently</strong></h2>
<p>Wouldn’t life be perfect if you could sit back and just watch the money roll in? For many people, this is the ideal lifestyle that they dream of. In fact, we would all love to lie on the beach and watch our bank account grow effortlessly.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-27315" src="https://mikecruickshank.com/wp-content/uploads/2018/09/take-action.jpeg" alt="take action" width="510" height="280" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/take-action.jpeg 510w, https://mikecruickshank.com/wp-content/uploads/2018/09/take-action-300x165.jpeg 300w" sizes="auto, (max-width: 510px) 100vw, 510px" /></p>
<p>Is this possible? Or do you need to put some more effort into making money? With matched betting, you can make money without too much effort. However, you do need to take action consistently to make it work.</p>
<p>This means committing at least a few hours a week. That doesn’t sound like too much, does it? Yet, just a few hours a week will bring you regular profits. Doesn’t that sound like a smart use of your time?</p>
<p>Make this small amount of time for your matched betting and take action. It doesn’t take a huge amount of effort but it does require consistency. You will want to set aside time to make sure that you never miss this.</p>
<p>It is also worth pointing out that you will get more efficient with experience. The more matched betting you carry out the quicker you will become at it. This means that over time you should be able to spend even less time on it.</p>
<h2><strong>5) Compound Your Winnings</strong></h2>
<p>It is a fabulous feeling when you <a href="https://mikecruickshank.com/top-5-profit-maximiser-casino-wins/">get your first big wins</a>. You will really feel as though you are on to something special with these tactics. Perhaps the temptation will be to run out and spend the money on something special.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-27316" src="https://mikecruickshank.com/wp-content/uploads/2018/09/albert-einstein-quote-on-compounding-interest.jpg" alt="" width="618" height="350" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/albert-einstein-quote-on-compounding-interest.jpg 618w, https://mikecruickshank.com/wp-content/uploads/2018/09/albert-einstein-quote-on-compounding-interest-300x170.jpg 300w" sizes="auto, (max-width: 618px) 100vw, 618px" /></p>
<p>Yet, this is just the beginning. There are plenty more profits waiting for you to pick them up. The key from here on in is to rack them up quickly and safely as you can. How will you do this?</p>
<p>The smartest way to grow your funds is by compounding your winnings. What does this really mean, though?</p>
<p>It means you can take on more offers and rake in bigger profits in less time. Don’t spend your winnings as soon as you get them. Instead, use them to win you even more money.</p>
<p>Having said that, it is also important to treat yourself now and then. You should use your winnings to buy something nice or go for a great meal occasionally. This will increase your motivation to carry on winning.</p>
<p>If you are serious about making good money then don’t do this too often. Instead, you should make your winnings keep on working for you.</p>
<p>Overall, don’t spend your winnings as fast as you are making them. However do treat yourself occasionally. This will see you win more while also enjoying life.</p>
<h2><strong>6) Push Yourself and Do Everything</strong></h2>
<p>Do you see matched betting as being a way of changing your life? Could a second income like this be just what you need? To be fair, plenty of people could enjoy life more with these profits.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27317" src="https://mikecruickshank.com/wp-content/uploads/2018/09/push-yourself.jpg" alt="" width="412" height="412" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/push-yourself.jpg 500w, https://mikecruickshank.com/wp-content/uploads/2018/09/push-yourself-150x150.jpg 150w, https://mikecruickshank.com/wp-content/uploads/2018/09/push-yourself-300x300.jpg 300w, https://mikecruickshank.com/wp-content/uploads/2018/09/push-yourself-256x256.jpg 256w" sizes="auto, (max-width: 412px) 100vw, 412px" /></p>
<p>Bearing that in mind, shouldn’t you be doing everything possible to do this? It isn’t every day that you come across an opportunity like this to make easy money. If you take it too easy and miss it then you will be left kicking yourself in the future.</p>
<p>So, shouldn’t you be doing everything in your power to make it work? This means being open to new ideas and working hard to make them successful. Don’t take the lazy approach or settle for mediocre results.</p>
<p>Don’t rule out new strategies before trying them out either. Even if it doesn’t sound like your thing, it might be perfect.</p>
<p>How often have you heard people say things like &#8220;I only do risk free offers&#8221; or &#8220;I don&#8217;t do casino&#8221;.</p>
<p>People with that attitude never make much money. In fact, they usually give up before too long. If you limit the things you try then you limit your earning possibilities at the same time.</p>
<p>The people who make this work best are those who are open to new ideas. They can see the possibilities and are keen to grasp them with both hands. You might need to dredge up some extra energy and enthusiasm at times. It will soon be worth it, though.</p>
<h2><strong>7) Be Prepared for Offers and Strategies to Change Over Time</strong></h2>
<p>You shouldn’t think that matched betting is a process that is set in stone. The idea is always pretty much the same, but you need to <a href="https://mikecruickshank.com/does-matched-betting-still-work/">adapt your strategies to changing circumstances</a>. What works today might stop working in the future. So, what will you replace it with?</p>
<p>Being able to adapt is crucial. If you don’t want to change anything then the time will come when you don’t have anything left to do. On the other hand, if you are adaptable then you can move on to something new.</p>
<p>For example, bookie’s offers can vary from time to time. This can be down to them going out of business or <a href="https://mikecruickshank.com/bookmaker-mergers/">merging</a>. Also, emerging legislation and the growing number of matched bettors are other factors. Who can truly say that they know exactly what the future holds?</p>
<p>It is worth remembering that a few years ago you could earn a full-time income from bingo. These days, you couldn&#8217;t buy yourself a loaf of bread with bingo profits on offer. On the other hand, casino offers have increased due to many more sites appearing.</p>
<p>As one opportunity disappears, another takes it place. The key is in knowing where to look. You don’t just throw your hands in the air and complain about what you can no longer do. It is time to do something else instead.</p>
<p>All of this means that you can’t rest on your laurels. You need to carry on learning and adjusting as you bet. The offers are going to change at some point, so you need to be ready to deal with that.</p>
<p>This shouldn’t sound daunting or annoying. Sure, it is a challenge. However, it should be a challenge that you look forward to rising to.</p>
<h2><strong>8) Always Focus on the Highest Value Offers First, Based on Your Risk Tolerance &amp; Bankroll Size</strong></h2>
<p>Choosing the right offers at the right time is crucial. If you do this, then your chances of long-term success are going to rocket. Get it wrong and you aren’t likely to earn much money, are you?</p>
<p>Naturally, the highest value offers will always win you the most amount of money. What if you want to avoid all risk or are starting with a modest bankroll? In these cases, you should be looking for the best value strategies that are low-risk or risk-free.</p>
<p>It is important to realise that you don’t need to dive in at the deep end. This could see you run the risk of losing your bankroll. What you could do is commit to carrying out 200 low-risk casino offers. See how it goes then take it from there.</p>
<p>After this, you will feel more confident. You may now be ready to try a higher risk offer. The more you understand how the offers work the more flexible you can be.</p>
<p>This isn’t a high-risk betting strategy. However, you can tweak the exact risk level as you go. We all want different things, so it is good to be able to do this easily.</p>
<p>All of this is included <a href="https://mikecruickshank.com/profitmaximiser/">in the training that you should take at the start</a>. As your confidence builds up, you will enjoy going for higher reward deals with slightly more risk. By then, you will be a lot more comfortable with the concepts of risk and value.</p>
<h2><strong>9) Always Think Long-Term</strong></h2>
<p>You shouldn’t think of matched betting as a way of just getting a short-term cash boost. It will give you this but it can do so much more. It might dig you out a financial hole right now. But what could it do for you in the longer term if you are successful?</p>
<p><img loading="lazy" decoding="async" class=" wp-image-27318" src="https://mikecruickshank.com/wp-content/uploads/2018/09/long-term.jpg" alt="" width="236" height="283" srcset="https://mikecruickshank.com/wp-content/uploads/2018/09/long-term.jpg 760w, https://mikecruickshank.com/wp-content/uploads/2018/09/long-term-250x300.jpg 250w" sizes="auto, (max-width: 236px) 100vw, 236px" /></p>
<p>Could you give up your work eventually or work less hours? Could you plan a happier retirement? Maybe this extra income could change your lifestyle? Think about what your financial goals are and whether some extra income could help you to achieve them.</p>
<p>You should look on this as being a long-term way of making money. This will also help you to deal with any losing runs. You will come across losing runs when using sports and casino offers. It is how you deal with them that determines your overall success.</p>
<p>Even with matched betting, you simply can’t win every time. Sometimes your luck will be out. At other times, you might make a mistake or take too much of a risk that doesn’t work out.</p>
<p>Instead of fretting about this, you should focus on the estimated value instead. After you have completed a big enough sample the results will average out. You should then be able to clearly see the benefits of matched betting.</p>
<p>This is something that will give you terrific long-term profits if you do it right. Therefore, it makes sense to plan ahead. This will give you a clear feeling of where you are heading to and how.</p>
<h2><strong>Conclusion</strong></h2>
<p>It is easy to see why matched betting has caused such a stir lately. It is a wonderful way of making money from the bookies. As more people discover it, word spreads and it grows even more.</p>
<p>Yet, far too many people fail to understand what it is actually about. If you go into this with the wrong idea then you are likely to fail, aren’t you? Alternatively, if you know what you are getting into then a bright future awaits you.</p>
<p>The best way to get to grips with the main strategies is to get started. Once you have done this, you can look forward to a future of healthy, low-risk profits. Isn’t this something that is well worth giving a try?</p>
<p><strong><a href="https://mikecruickshank.com/profitmaximiser/">Click here to visit Profit Maximiser</a>.</strong></p>
<p>&nbsp;</p>
<p>The post <a href="https://mikecruickshank.com/9-traits-of-successful-matched-bettors/">9 traits of successful Matched Bettors</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
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		<title>Tennis Betting Software</title>
		<link>https://mikecruickshank.com/tennis-betting-software/</link>
					<comments>https://mikecruickshank.com/tennis-betting-software/#comments</comments>
		
		<dc:creator><![CDATA[Mike Cruickshank]]></dc:creator>
		<pubDate>Wed, 11 Jul 2018 17:30:28 +0000</pubDate>
				<category><![CDATA[Product Updates]]></category>
		<category><![CDATA[Matched Betting]]></category>
		<category><![CDATA[tennis]]></category>
		<guid isPermaLink="false">https://mikecruickshank.com/?p=27097</guid>

					<description><![CDATA[<p>I've launched new tennis betting software to flag up value bets for your matched betting. This will compare the best bets in real time. Click here to find out more.</p>
<p>The post <a href="https://mikecruickshank.com/tennis-betting-software/">Tennis Betting Software</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h1>Tennis Betting Software</h1>
<p><script src="https://content.jwplatform.com/libraries/d8gIRXJQ.js"></script></p>
<div id="my-video"></div>
<p><script type='text/javascript'>
    jwplayer('my-video').setup({
        file: 'https://s3.amazonaws.com/mikecruickshank/tennisoddsmatching.mp4',
        image: 'https://mikecruickshank.com/wp-content/uploads/2018/07/Tennis-odds-matching-software.png',
        width: '100%',
 aspectratio: "16:9"
    });
  </script></p>
<p>I&#8217;ve made a new odds matching system for tennis.</p>
<p>The major problem matched betting on tennis is bookmakers often have different rules. If you bet with 2 different bookies that don&#8217;t have the same rules and a player retires, you could end up losing both bets!</p>
<p>Previously I&#8217;ve written a blog on the <a href="https://mikecruickshank.com/tennis-betting-rules/">Importance of understanding tennis betting rules.</a> This includes a list of retirement rules for all bookies.</p>
<p>The new tennis software only matches bookmakers with the same odds so there is no danger of losing money. It includes both dutching &amp; back / lay bets on the same software sorted by rating. The software auto refreshes once per minute to deliver you the latest odds.</p>
<p>This is not arbitrage software. It&#8217;s for finding close odds matches when doing tennis <a href="https://mikecruickshank.com/matched-betting-profit/">matched betting</a> offers.</p>
<h2>Settings</h2>
<p>Some bookmakers only do offers on mens tennis e.g. Bet 365 2Up offer. I&#8217;ve added the option under filter 1 to sort the odds between mens &amp;/or womens bets.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-27099" src="https://mikecruickshank.com/wp-content/uploads/2018/07/tennis-betting-software-1024x259.png" alt="tennis betting software" width="1024" height="259" srcset="https://mikecruickshank.com/wp-content/uploads/2018/07/tennis-betting-software-1024x259.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/07/tennis-betting-software-300x76.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/07/tennis-betting-software-768x194.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/07/tennis-betting-software.png 1742w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>Simply select the option you want and then click the green apply button.</p>
<p>You can select the software from the drop down menu &#8220;tools&#8221;. Scroll down to the option Tennis software.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-27102" src="https://mikecruickshank.com/wp-content/uploads/2018/07/tennis-betting-software-menu.png" alt="tennis betting software menu" width="219" height="282" srcset="https://mikecruickshank.com/wp-content/uploads/2018/07/tennis-betting-software-menu.png 582w, https://mikecruickshank.com/wp-content/uploads/2018/07/tennis-betting-software-menu-233x300.png 233w" sizes="auto, (max-width: 219px) 100vw, 219px" /></p>
<p>Please note the software will only be showing events whilst there are tennis betting offers on. If there are no tennis offers then the software and menu option will be removed until the next lot of bonuses are available. The reason for that is nobody searches for bets when there are no offers.</p>
<h2>Combining Offers</h2>
<p>A smart way to use the software is combining bookmakers who both have offers. Check the Profit Maximiser calendar to see the available tennis bonuses. Then check the software and see if there are any close odds matches.</p>
<p>Good example I showed in the video was Boyle Sports &amp; 188 Bet. Both have offers on Wimbledon and the odds were close meaning it&#8217;s a good value. You are killing 2  birds with one stone.</p>
<p>The software only shows bets with bookmakers that have the same rules so you won&#8217;t lose money due to retirements.</p>
<h2>How to access Tennis Betting Software</h2>
<p>This is for all users who have a Profit Maximiser Matched Betting Software subscription. If you don&#8217;t have one and would like access to the software, <a href="https://profitmaximiser.co.uk/mbs/">click here for a 30 day trial</a>.</p>
<p>Post any feedback in the comment section below and enjoy!</p>
<p>The post <a href="https://mikecruickshank.com/tennis-betting-software/">Tennis Betting Software</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
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		<enclosure url="https://s3.amazonaws.com/mikecruickshank/tennisoddsmatching.mp4" length="63236775" type="video/mp4" />

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		<title>In-play Odds Matching Software</title>
		<link>https://mikecruickshank.com/in-play-odds-matching-software/</link>
					<comments>https://mikecruickshank.com/in-play-odds-matching-software/#respond</comments>
		
		<dc:creator><![CDATA[Mike Cruickshank]]></dc:creator>
		<pubDate>Thu, 28 Jun 2018 19:15:56 +0000</pubDate>
				<category><![CDATA[Product Updates]]></category>
		<category><![CDATA[Matched Betting]]></category>
		<guid isPermaLink="false">https://mikecruickshank.com/?p=27062</guid>

					<description><![CDATA[<p>The In-play Odds Matching Software has recently been upgraded so it covers a lot more games &#038; bookmakers. Read my article to find out more.</p>
<p>The post <a href="https://mikecruickshank.com/in-play-odds-matching-software/">In-play Odds Matching Software</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h1>In-play Odds Matching Software</h1>
<p><script src="https://content.jwplatform.com/libraries/d8gIRXJQ.js"></script></p>
<div id="my-video"></div>
<p><script type='text/javascript'>
    jwplayer('my-video').setup({
        file: ' https://s3-eu-west-1.amazonaws.com/profitmax3/inplaymbs.mp4',
        image: 'https://mikecruickshank.com/wp-content/uploads/2018/06/In-play-Odds-Matching-Software.jpg',
        width: '100%',
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    });
  </script></p>
<p>The in-play Odds Matching Software has been updated. Previously it would just show odds for specific games that had offers on e.g. Bet 365 bet £50 get £50 free in-play.</p>
<p>Now it will be showing odds for all major football games including World Cup, Premier League &amp; Champions league.</p>
<p>There is a good selection of bookmakers with more to be added shortly. Most of the major bookies will be covered.</p>
<h2>Good Points</h2>
<p>It&#8217;s a fairly contrarian approach if you can use qualifiers &amp; free bets in-play. Most other Matched Bettors / Profit Maximisers are placing their bets pre match.</p>
<p>The bookies won&#8217;t find it as easy tracking if you are placing value bets in-play due to the fluctuating odds. It&#8217;s much easier for them to track pre match bets as they are very stable.</p>
<p>Betting in-play could help your accounts last longer.</p>
<h2>Be careful</h2>
<p>There is more risk betting in-play. If you place a bet and then the other team scores before you place the lay bet, you are going to make a large loss. To avoid this bet when it&#8217;s half time or when the ball is out of play e.g. substitution is being made.</p>
<p>Doing that means there is no additional risk.</p>
<h2>Odds Updates</h2>
<p>The odds update quickly and generally keep up with the movements on the bookies &amp; exchange. I will be adding more bookies shortly.</p>
<p>Currently it&#8217;s only showing bets from the match odds market. If people use this software then I will add more markets including the correct score which will be good for using free bets.</p>
<h2>Get Involved now</h2>
<p>Do you want to use the new in-play odds matching software? If so then take a risk free trial of our Matched Betting Software which covers in-play bets and 5 other pieces of software to help increase your profits. <a href="https://profitmaximiser.co.uk/mbs/">Click here to start your trial now</a>.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>The post <a href="https://mikecruickshank.com/in-play-odds-matching-software/">In-play Odds Matching Software</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
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		<title>World Cup Matched Betting Guide 2018</title>
		<link>https://mikecruickshank.com/world-cup-matched-betting/</link>
					<comments>https://mikecruickshank.com/world-cup-matched-betting/#comments</comments>
		
		<dc:creator><![CDATA[Mike Cruickshank]]></dc:creator>
		<pubDate>Mon, 28 May 2018 16:57:37 +0000</pubDate>
				<category><![CDATA[Matched Betting]]></category>
		<guid isPermaLink="false">https://mikecruickshank.com/?p=26938</guid>

					<description><![CDATA[<p>Is the 2018 World Cup a Big Deal for Matched Betting? Matched betting can be a highly profitable business for you at any time of year. The tools and techniques that it uses can bring you regular, low-risk wins. This means it can also work on many different types of bet every single day. In this article, I&#8217;ll be discussing World Cup Matched Betting. However, you might wonder whether there are extra profits to be made with this approach at...</p>
<p>The post <a href="https://mikecruickshank.com/world-cup-matched-betting/">World Cup Matched Betting Guide 2018</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h1><strong>Is the 2018 World Cup a Big Deal for Matched Betting?</strong></h1>
<p>Matched betting can be a highly profitable business for you at any time of year. The tools and techniques that it uses can bring you regular, low-risk wins. This means it can also work on many different types of bet every single day. In this article, I&#8217;ll be discussing World Cup Matched Betting.</p>
<p>However, you might wonder whether there are extra profits to be made with this approach at certain times of year. For example, are big sporting events the ideal opportunities to build up your profits with no hassle? What about doing it during the World Cup?</p>
<p>Of course, 2018 sees the World Cup come around once again. The tournament will be held in Russia this time. It could offer some terrific opportunities to earn from World Cup matched betting tactics.</p>
<p>Let’s take a look at how this can be done.</p>
<h2><strong><img loading="lazy" decoding="async" class="alignnone wp-image-26941 size-large" src="https://mikecruickshank.com/wp-content/uploads/2018/05/World-Cup-2018-1024x423.png" alt="" width="1024" height="423" srcset="https://mikecruickshank.com/wp-content/uploads/2018/05/World-Cup-2018-1024x423.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/05/World-Cup-2018-300x124.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/05/World-Cup-2018-768x317.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/05/World-Cup-2018.png 1448w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></strong></h2>
<h2><strong>Why Is the World Cup Important for Matched Betting?</strong></h2>
<p>Why is this football tournament so important for bookies and for punters? Well, bookies know that punters love to bet on World Cup games.</p>
<p>People who might never normally place a bet will be tempted to do so. Plenty of bets will be made when the action heats up in Moscow, Sochi, Saint Petersburg and elsewhere else.</p>
<p>This means that they are bracing themselves right now for a flood of footie bets during the summer. The wagers are going to be flying in thick and fast, especially when England are playing.</p>
<p>Indeed, it is likely that British bookmakers acquire many new customers in the build-up to the 2018 World Cup. During the event too.</p>
<p>Overall, the World Cup will bring them more new punters than they get during the rest of the entire year. This means that they are going to be throwing plenty of tasty offers out there for us to choose from.</p>
<p>After all, they know that most of the people who bet on the games are going to lose their money. This is likely to be a huge money-spinning event for bookmakers. They will rake in plenty of cash from unlucky punters who watch their bets head south.</p>
<p>For comparison purposes, we can see the 2014 World Cup figures. This event in Brazil led to the UK’s bookies taking in more than <a href="https://www.theguardian.com/sport/2014/jun/02/cashing-in-world-cup-profit-brazil">£1 billion in bets</a>. As you can imagine, they made huge profits during that last tourney. Especially since 10% of us were bold enough to bet on England winning the cup.</p>
<p>In fact, the 2014 World Cup was the biggest betting event in UK history. Who wouldn’t bet on this year’s blockbuster event in Russia beating it, though? Millions of us will be following the games live on the telly, over social media or elsewhere. It is clear that making the odd bet is a great way of adding to the fun and excitement.</p>
<p>Yet, we certainly don’t want to add to the bookies’ fat profits. Making profits off World Cup betting is notoriously difficult, though. They are always plenty of surprises sprung. Minnows will beat favourites and tournament dark horses emerge from the groups.</p>
<p>All of this means World Cup matched betting could be the key to making some handsome wins this summer. All in all, there are plenty of reasons for thinking that could be a terrific time of year. If you carry out some smart matched betting tactics, that is.</p>
<h2><strong>When Does It Start and When Are England’s Games</strong>?</h2>
<p>The tournament kicks off in style. The first match between Russia and Saudi Arabia gets us underway on the 14<sup>th</sup> of June. They are in group A and this first game takes place in the Luzhniki Stadium, Moscow at 4pm UK time.</p>
<p>The next couple of days sees some tournament favourites get going. Teams such as Argentina, Spain and France all play their first matches across this vast country.</p>
<p>The current world champions are Germany. They get going against Mexico on the 17<sup>th</sup> of June. This is in group F. The match will be played in the same Moscow stadium as the opener and with the same kick-off time too.</p>
<p>The 17<sup>th</sup> also sees Costa Rica take on Serbia and Brazil tackle Switzerland, with both these matches from group E.</p>
<p>England then swing into action on the 18<sup>th</sup> of June. They tackle Tunisia in the Volvograd Arena at 7pm UK time. Will they get off to a flying start? Or will our hopes be hanging by a thread after just 90 minutes of action in Russia?</p>
<p>Tunisia might not have many players that you have heard of. But they topped their qualifying group. They have also had some decent results in their friendlies in the run up to the main event.</p>
<p>The second England game is to be played on the 24<sup>th</sup> of June. It is against Panama in the Nizhny Novgorod Stadium at 1pm. Like Tunisia before them, this is an international team that British fans probably don’t know a lot about.</p>
<p>Panama qualified for their first ever World Cup in dramatic fashion. Yet, they aren’t expected to make much of an impression in Russia.</p>
<p>These initial England games show how tricky it can be to bet on World Cup games. You would expect England to win both matches, right?</p>
<p>But would you really be surprised to see them draw or lose either of them? You just need to remember some of the disappointing group games from the past. This lets you realise how difficult they can be to predict.</p>
<p>The English lads then end the group stage against Belgium on the 28<sup>th</sup> of June. This game will be played in the Kaliningrad Stadium and kicks off at 7pm. The Belgians have a highly-rated squad. It could be a potential group decider if all goes well in the first couple of games.</p>
<p>After that, the Three Lions’ route through the knockout stage depends upon whether they win the group or finish second. Check out the <a href="https://www.bbc.com/sport/football/world-cup/schedule/group-stage">full fixture list and dates</a> here to plot their possible route to the final.</p>
<p>The whole thing comes to a head in Moscow on the 15<sup>th</sup> of July. This is when the final is played and a new winner is crowned. Will it be England who take the trophy home again at last? Will Germany win it again?</p>
<p>Could the hosts spring a surprise and go all the way? Whatever happens it is sure to be a thrilling event that keeps up glued to the screen.</p>
<h2><strong>How Should I Prepare for the World Cup</strong>?</h2>
<p>Getting ready for a feast of World Cup matched betting is essential. This is about more than just stocking up on beer and snacks.</p>
<p>Of course, if you can take time off work then this is perfect. It means that you will have more spare time to focus on the games taking place. The build-up to the big games is always great fun. Then the games come thick and fast once things get into full swing.</p>
<p>Even more important than this are your accounts. You need to set up your accounts with all of the bookies you are going to use. Doing this in advance means that you will be ready to spring into action.</p>
<p>Opening a bookmaker account doesn’t take too long to do. However, you need to have quite a lot of them to carry out matched betting effectively.</p>
<p>You just never know which bookie is going to offer an unmissable deal on a certain game. Scrambling about to try and open accounts can lead to you missing out on the best offers.</p>
<p>You should also follow <a href="https://mikecruickshank.com/profitmaximiser/">Profit Maximiser</a>. It is showing all the bookmakers doing World Cup bank builders to build up profits before the event starts.</p>
<p>Don’t forget that you will probably want to relax and watch a lot of the World Cup games. Therefore, being well prepared allows you more time to do this. Rather than worrying about what you need to do before placing your bets you will be ready in time.</p>
<p>Of course, even if you don’t really like football you can still earn money in this way. There is no need to watch the matches that you bet on. You don’t even need to know anything about the teams and the players.</p>
<p>Having said that, if you love watching the footie and making money then this is the perfect combination for you. You can soak up the spectacle while watching the money in with your no-risk betting strategy.</p>
<h2><strong>Go Over the Strategies Before It Starts</strong></h2>
<p>There are some solid World Cup matched betting strategies. These tactics are going to stand you in good stead during this tournament. Yet, they won’t do you much good if you aren’t aware of them.</p>
<p>The ideal approach is to go over the strategies you are going to use. Do this even before the first ball is kicked. Take advantage of any spare time that you have in the run-up to watch the training videos.</p>
<p>Go over Bet X get X free, risk free bet, price boosts and 2 Up section. Plus any other refund training videos. You will then be ready to put these strategies in place. Even if you already familiar with these strategies, it pays to refresh your memory. These are all under the training section on the <a href="https://mikecruickshank.com/profitmaximiser/">Profit Maximiser website</a>.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-large wp-image-26942" src="https://mikecruickshank.com/wp-content/uploads/2018/05/profit-maximiser-training-1024x258.png" alt="profit maximiser training" width="1024" height="258" srcset="https://mikecruickshank.com/wp-content/uploads/2018/05/profit-maximiser-training-1024x258.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/05/profit-maximiser-training-300x76.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/05/profit-maximiser-training-768x194.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/05/profit-maximiser-training.png 1950w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>Matched betting in the World Cup isn’t particularly hard to get the hang of. However, you need to understand the basics before you get going. You certainly don’t want to try and rush through a video as a match is about to kick off.</p>
<p>Are you completely new to these strategies? Then it makes sense to give them a trial run first of all. Of course, the normal football season is already over. But you can use the same techniques in other sports too.</p>
<p>How will you feel confident about the month of football ahead? If you know the strategies that are guaranteed to make you money. It won’t matter which team is celebrating at the end.</p>
<h2><strong>What Are the Offers Going to Be Like</strong>?</h2>
<p>It is difficult to be sure in advance what sort of offers are going to be up for grabs. The bookies to try and surprise us. They want to release eye-catching deals that we can’t resist. They will be keeping their World Cup promotions under wraps for as long as possible, for maximum effect.</p>
<p>However, my guess is that there will be lots of big headline offers. Like there were in the Cheltenham Festival earlier on in the year. As we have seen, there is a huge market for World Cup betting in the UK. None of the bookies wants to miss out on all of the new punters out there.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-26943 size-full" src="https://mikecruickshank.com/wp-content/uploads/2018/05/sky-bet-promotion.jpg" alt="" width="945" height="532" srcset="https://mikecruickshank.com/wp-content/uploads/2018/05/sky-bet-promotion.jpg 945w, https://mikecruickshank.com/wp-content/uploads/2018/05/sky-bet-promotion-300x169.jpg 300w, https://mikecruickshank.com/wp-content/uploads/2018/05/sky-bet-promotion-768x432.jpg 768w" sizes="auto, (max-width: 945px) 100vw, 945px" /></p>
<p>It is likely that many deals will be aimed at those brand new punters. People who have never gambled before, or those who only ever have a flutter at giant events like this.</p>
<p>We can also expect it to be like the big Premier League weekends. This means lots of 2Up offers and similar deals on the go. On a day to day basis, we can probably look forward to a lot of low risk casino offers. So, expect the likes of free spins to keep you ticking over.</p>
<p>As always, it is a good idea to keep an eye open for great deals. They sometimes crop up with a short period of time to take advantage of them.</p>
<p>Ideally, you will get into a routine. This will allow you to sweep up any new offers at least once a day while the tournament is underway. This is isn’t going to be much of a hassle at all. As we will see in the next point.</p>
<h2><strong>What’s the Best Way to Stay Updated about the Latest Offers</strong>?</h2>
<p>Clearly, finding the best offers at the right time is the secret to getting top notch results. This applies to your World Cup matched betting this year just like at other events. If you miss out on the best deals there is no chance of getting the profits you should aim for.</p>
<p>So, how are you going to be sure that you catch the deals that you need? The good news is that you can do this easily. Just look for the help of the handy <a href="https://mikecruickshank.com/profitmaximiser/">Profit Maximiser</a> offer calendar.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-26944 size-large" src="https://mikecruickshank.com/wp-content/uploads/2018/05/Profit-Maximiser-calendar-1024x638.png" alt="" width="1024" height="638" srcset="https://mikecruickshank.com/wp-content/uploads/2018/05/Profit-Maximiser-calendar-1024x638.png 1024w, https://mikecruickshank.com/wp-content/uploads/2018/05/Profit-Maximiser-calendar-300x187.png 300w, https://mikecruickshank.com/wp-content/uploads/2018/05/Profit-Maximiser-calendar-768x479.png 768w, https://mikecruickshank.com/wp-content/uploads/2018/05/Profit-Maximiser-calendar.png 2048w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>This will let you see at a glance what offers you should be grabbing each day. You should make sure that you have enough time to glance over this handy calendar each day. Even if you are really busy at work and then rushing out to try and watch the games. There is no excuse for missing out.</p>
<p>In addition, we will also be emailing our members. These mails will show all the best deals for the games. There is no need to worry about missing about. You will find everything that you need to know in here.</p>
<h2><strong>Is It As Hectic As Cheltenham?</strong></h2>
<p>No, isn’t as hectic as the Cheltenham festival. Cheltenham is all about an awful lot of races. These races are crammed into a busy schedule over 4 days.</p>
<p>On the other hand, the World Cup is spread out over a whole month. Most days just have a couple of games scheduled during the group stage. Once we get to the knockout the games are even more spaced out.</p>
<p>In fact, it is far more like a typical weekend’s Premier League schedule than the Cheltenham event. It’s relaxed. So there is plenty of time to get everything done as long as you are organised and prepared.</p>
<p>Of course, this is also a great way of keeping you busy over the usual slow summer months. There are few things better on warm summer’s night than World Cup betting. Just sit back and watch the World Cup game that you know is going to earn you money.</p>
<h2><strong>The Further England Go in the Competition the Better the Offers</strong></h2>
<p>If you aren’t a huge football fan then you might not be bothered about whether England go all the way. Sure, it would be fun to see street parties and hear how excited everyone else is. Yet, maybe you aren’t too fussed otherwise.</p>
<p>However, if you are interested in World Cup matched betting then you should be looking out a Three Lions scarf. It is time cheer the boys on regardless.</p>
<p>This is because the offers from UK bookies are sure to be a lot better with England involved. The longer that the English team is involved the better. If things start to look really promises then expect to come across tons of terrific offer. Will the nation get gripped with World Cup fever once again?</p>
<p>What if we get to the final? Then there is going to be an insane level of World Cup fever gripping the country. By then you will have taken advantage of offers all the way through the group stage and knockout stage too.</p>
<h2><strong>World Cup Matched Betting: Conclusion</strong></h2>
<p>This year’s big football tournament promises to be a hugely memorable event. This is true whether you plan to head down to the pub or stay at home. Will you invite some mates over to join you for the best of the action?</p>
<p>Maybe you want to make a tasty profit from matched betting. If so, then this is an even more exciting event than if you just watch it. You can take advantage of the best offers in a fairly relaxed way.</p>
<p>Just get fully prepared and ready to have a great summer of betting action.</p>
<p>If you&#8217;re not a member already, <a href="https://mikecruickshank.com/profitmaximiser/">click here to join Profit Maximiser</a> to stay updated on the latest World Cup Matched Betting offers and strategies.</p>
<p>How profitable do you think this World Cup is going to be? Let me know in the comments section below.</p>
<p>The post <a href="https://mikecruickshank.com/world-cup-matched-betting/">World Cup Matched Betting Guide 2018</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
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		<title>From Matched Betting to Betfair Trading</title>
		<link>https://mikecruickshank.com/matched-betting-to-betfair-trading/</link>
					<comments>https://mikecruickshank.com/matched-betting-to-betfair-trading/#comments</comments>
		
		<dc:creator><![CDATA[Mike Cruickshank]]></dc:creator>
		<pubDate>Tue, 22 May 2018 19:30:13 +0000</pubDate>
				<category><![CDATA[Matched Betting]]></category>
		<category><![CDATA[Betfair Systems]]></category>
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					<description><![CDATA[<p>From Matched Betting to Betfair Trading: Does It Make Sense to Switch? Once you have enjoyed some success with matched betting techniques what comes next? Do you just carry on winning in the same way? Is there something else you should try next? In this piece I&#8217;ll be discussing progressing from Matched Betting to Betfair Trading. I should tell you it&#8217;s the best thing ever, wack an affiliate link up to some Betfair products and I&#8217;d make a fortune. However...</p>
<p>The post <a href="https://mikecruickshank.com/matched-betting-to-betfair-trading/">From Matched Betting to Betfair Trading</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
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										<content:encoded><![CDATA[<h1><strong>From Matched Betting to Betfair Trading: Does It Make Sense to Switch?</strong></h1>
<p>Once you have enjoyed some success with matched betting techniques what comes next? Do you just carry on winning in the same way? Is there something else you should try next? In this piece I&#8217;ll be discussing progressing from Matched Betting to Betfair Trading.</p>
<p>I should tell you it&#8217;s the best thing ever, wack an affiliate link up to some Betfair products and I&#8217;d make a fortune. However that&#8217;s not how I like to operate.</p>
<p><strong>Make sure you read the full article as I cover both positives and negatives</strong>.</p>
<p>You might ask if there is a natural progression you can make after success with Matched Betting. Something that will win even more money? Finally, you might wonder whether it is time to make the switch to Betfair trading.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-26930 size-medium" src="https://mikecruickshank.com/wp-content/uploads/2018/05/betfair-logo-740x431-300x175.jpg" alt="betfair trading" width="300" height="175" srcset="https://mikecruickshank.com/wp-content/uploads/2018/05/betfair-logo-740x431-300x175.jpg 300w, https://mikecruickshank.com/wp-content/uploads/2018/05/betfair-logo-740x431.jpg 740w" sizes="auto, (max-width: 300px) 100vw, 300px" /></p>
<p>The idea of going from matched betting to Betfair trading is a common question I hear asked these days. People often wonder whether trading directly on a betting exchange is better for them.</p>
<p>The truth is that this is an extremely difficult transition to make. Most people who try go from winning money to losing it. So, what are the main reasons for doing this or not doing it?</p>
<h2><strong>What is the Difference Between Matched Betting and Betfair Trading?</strong></h2>
<p>With matched betting you are simply taking advantage of an easy to follow process. You just take advantage of special offers by placing bets that are likely to win every time. It&#8217;s all based on basic maths and it works well.</p>
<p>This is something that anyone can do with the right tools. Websites like Profit Maximiser will tell you exactly what to do at all times. So, there is no betting knowledge needed for you to get started.</p>
<p>In fact, it isn’t really like gambling at all. It is an unfair advantage that you get over the bookies to help you to win. You simply can’t lose if you follow some simple instructions to the letter.</p>
<p>On the other hand, Betfair trading is a good deal more complicated. You will come across a number of different situations. In these cases you need to try and find the way to get a profit.</p>
<p>There is no easy profit to be skimmed here. It is hard work as you try to win money. There are no quick wins to be grabbed with no risk in this method. There isn&#8217;t even a strategy you can use to make £5 a day with!</p>
<p>As with matched betting, you can get a helping hand by finding a trading expert to train you. However, it takes a lot more time to get to grips with. You really need to commit a decent amount of time to this. I&#8217;d recommend at least 12 months trading with the minimum stakes.</p>
<p>With Betfair trading, your biggest problem is that the odds are so efficient. Let’s look at this in more detail in the next point.</p>
<h2><strong>Why are Betfair Odds So Efficient</strong>?</h2>
<p>The first difficulty with moving to Betfair trading is with the odds. They are just so efficient. Why is this?</p>
<p>Well, that&#8217;s down to the wisdom of the crowd theory. In each market you have hundreds of users placing bets. This collectively forms the “fair” probability (odds) of an outcome through their opinions. This in turn means that Betfair trading is extremely difficult to do profitably as it&#8217;s hard to gain any edge over the market.</p>
<p>Yet, matched betting takes this efficiency and produces strategies that make money for you. For instance, Each Way Sniper, Profit Maximiser sports refunds and Bookie Blowout can all work wonders.</p>
<p>These systems all follow the Betfair lay odds blindly to see if there is any value in the bookmaker odds / bonuses being offered. They are also extremely profitable when used correctly.</p>
<p>Overall, you aren&#8217;t reliant on finding value Betfair odds with matched betting. This approach sees you take advantage of bookie deals to make money. Because of this, you won’t feel the squeeze so much when the odds are tight.</p>
<h2><strong>Exchanges Are Designed to be a Zero Sum Game</strong></h2>
<p>Betfair is a betting exchange site rather than a traditional bookmaker. What difference does this make? Well, this type of exchange is designed to be a zero sum game.</p>
<p>What does this mean, though? Well, it means that all of the punters’ wins and losses should add up to zero (less any commission paid on winning bets). If you had people sucking out large amounts of money the exchange system would not work. Because of this, it is difficult to make decent profits from it. If you make the switch from matched betting to Betfair trading then you will soon notice the difference.</p>
<p>There are generally tiny profits to be won on here. You also won’t win every single time. Unless you have a big bankroll you could easily run out of cash before you start getting good wins in your account. Ask any professional trader what their profit on turn over is! Something on the lines of £1 profit per £100 traded. And they&#8217;ve spent years mastering how to achieve that.</p>
<p>Matched betting doesn’t have this problem. In a lot of cases, you are betting with free money from the bookie. The Betfair lay bet is a way of ensuring you don’t lose money but it isn’t your only way of winning.</p>
<p>If the bookie is offering good odds then great. You have the chance of a bigger win.</p>
<h2><strong>Betfair Premium Charge</strong></h2>
<p>What about the charges that eat into your winnings? This could come as a nasty surprise if you aren’t prepared for it. You may think that Betfair winnings are only subject to 5% commission on winning bets.</p>
<p>In fact, there has been a lot of negative publicity lately about the tax that you need to pay at Betfair. When you have a winning run this can really eat into your profits.</p>
<p>It is kind of difficult to understand how this charge is worked out. So let’s go through an example. We need to start by looking at the £1,000 lifetime allowance that you have.</p>
<p>So, you pay a charge once your account has made £1000 NET profit. You also need to have bet on over 250 markets. In addition, the charge kicks in when you are in overall profit since starting your account. Finally, you need to have paid under 20% of the lifetime profit figure in charges until then.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-26931 size-full" src="https://mikecruickshank.com/wp-content/uploads/2018/05/premium-charge.jpg" alt="premium charge" width="780" height="634" srcset="https://mikecruickshank.com/wp-content/uploads/2018/05/premium-charge.jpg 780w, https://mikecruickshank.com/wp-content/uploads/2018/05/premium-charge-300x244.jpg 300w, https://mikecruickshank.com/wp-content/uploads/2018/05/premium-charge-768x624.jpg 768w" sizes="auto, (max-width: 780px) 100vw, 780px" /></p>
<p>If you meet all of that criteria then the premium charge will start to be levied. It is taken off your winnings automatically. It might not seem like a huge amount at first. But if you are planning to make a good living from betting then these charges are a blow to your profits.</p>
<p>Let’s say that you won £500 in a week. The premium charge would be 20% of that (£100) minus the commission paid that week. If the commission paid is £20 then your overall profit would £500-£20 commission-£80 charge= £400.</p>
<p>The highest percentage that you need to pay is when you have profits of more than £250,000. This can go up to a staggering amount of charges.</p>
<p>Indeed, the highest charges are an eye-watering 60%. This will really put a dent in the profits you make if you go from matched betting to Betfair trading.</p>
<p>A lot of customers are reportedly turning away from Betfair because of these charges. Others try to get round by opening multiple Betfair accounts. Yet, the exchange works very hard to find people who do that.</p>
<p>If you rely solely on trading then you will grow to resent these charges. A potentially brilliant week can really have the gloss taken off it by charges.</p>
<p>I can tell you from personal experience that tax is something that stops you becoming rich. In the case of Betfair, I&#8217;m sure adding a 20% tax on your weekly profits will kill off any edge.</p>
<p>On the other hand, with matched betting you win sometimes with bookies. Other times, it is the Betfair bet that wins for you. So, you are far less subject to this premium charge.</p>
<p>Since bookie winnings are charge-free, you will be a lot closer to creating pure profit with matched betting.</p>
<p>One quick point to make. You don&#8217;t need to worry about premium charge with Matched Betting. Since the value comes from the bookie odds, your exchange will always be down over a large enough sample of bets. Don&#8217;t believe me? Go and take a look at your Betfair profit / loss figures over the last few months.</p>
<h2><strong>Are All Betfair System Sellers Charlatans?</strong></h2>
<p>No, at all. They are many excellent system sellers out there who will guide you through the process. These are set up by people who run a business but who also want to help others to win.</p>
<p>In fact, you will see a number of <a href="https://mikecruickshank.com/blog-category/betting-system-reviews/">reviews of Betfair systems</a> on this site. I have looked at them fairly and objectively in each case. Some are better than others but none I have looked at are frauds or scams in any way.</p>
<p>These systems are interesting and most are well thought out. You can definitely win money in this way if you are willing to spend time learning. Most of them are also fairly priced for what they offer and what you can win.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-26932 size-medium" src="https://mikecruickshank.com/wp-content/uploads/2018/05/snake-oil-salesman-300x199.jpg" alt="snake oil salesman" width="300" height="199" srcset="https://mikecruickshank.com/wp-content/uploads/2018/05/snake-oil-salesman-300x199.jpg 300w, https://mikecruickshank.com/wp-content/uploads/2018/05/snake-oil-salesman.jpg 648w" sizes="auto, (max-width: 300px) 100vw, 300px" /></p>
<p>However, this isn’t all that there is to it. The problem is most people signing up are expecting guaranteed profits and fast results.</p>
<p>A Betfair system seller can’t produce magic. They can only show you the way of maximising your profits in the way that think is best. Indeed, they will often advise on their sites that earning in this way is hard work.</p>
<p>It does take a while to learn these systems and not everyone wins with them. However, I believe that the ones I have looked at have been fairly and honestly put together.</p>
<h2><strong>Is Mike Against Betfair systems Because He Sells Matched Betting Products?</strong></h2>
<p>No. This isn’t about my opinion. I am simply looking at the subject of moving from matched betting to Betfair trading from my experience.</p>
<p>Like I said at the start of this article, I could have just stuck an affiliate link to several different Betfair products and say crack on! I&#8217;d have made a small fortune doing that.</p>
<p>Lots of people ask me if this is the right path to take in order to keep on winning money. My honest opinion is based on my betting and from speaking to hundreds of people about it. This is that matched betting is better.</p>
<p>I don’t expect everyone to have the same opinion. Anyone who has enjoyed success with trading is likely to be enthusiastic about it.</p>
<p>I have simply looked at the chances of anyone getting started and winning with either approach. Believe me, if I thought that trading was better I would offer trading systems instead.</p>
<h2><strong>What about Betfair Sniper, 1% club and Matched Bettors Exploit?</strong></h2>
<p>The truth is that these are all very niche mini-systems. You can definitely win some decent money in this way, for sure.</p>
<p>However, these systems are very specific. This means that you will only have a very small number of bets most week. You will also find that you are limited by factors such as market liquidity</p>
<p>In addition, these are small profit wagers. You should expect to win £10 per bet on them if you carry out the system properly. You aren’t going to win a fortune every week in this way. Also they aren&#8217;t guaranteed to win every time.</p>
<p>All of this means that you can’t expect to replace your matched betting income like this. Quite simply, I believe that there is no better way of getting a regular, low risk income than with matched betting.</p>
<p>You can add these other systems in as extras, to boost your earnings and add variety. But matched betting should be at the heart of your betting activity.</p>
<h2><strong>If It Was So Easy Everybody Would Be Doing It</strong></h2>
<p>Don’t you ever think that ideas like these are just too good to be true? Why isn’t everyone picking up free cash in this way? Does this mean that there is something else you need to know about?</p>
<p>If we start with matched betting, then why doesn’t everyone do it? After all, we have seen that it is the best way of guaranteeing a profit. Surely anyone who looks at this idea will be tempted to try it?</p>
<p>It is also very low risk. There is no need to think that this is a decision that could backfire. You can breathe easily knowing that your own money isn’t at risk.</p>
<p>Yet, it is still limited to a relatively small group of punters. Why aren’t more people taking advantage of this incredible way of making money?</p>
<p>There is definitely more publicity about matched betting these days. So more and more people know about it all the time.</p>
<p>Well, perhaps this comes down to the perceived hassle of opening dozens of accounts. Then you have to deal with bookies and try to avoid them <a href="https://mikecruickshank.com/gubbing/">gubbing your account</a>. Does it seem like too much fuss and effort? This may be especially true if you already lead a busy life.</p>
<p>Yet, just about anyone who has tried it will know that this is worthwhile. Most people who attempt matched betting will make enough money to make it worth their time and effort.</p>
<p>However, the same can’t be about Betfair trading. For a start, it is a lot more difficult to do. Getting started takes time as you need to learn a lot of strategies right away.</p>
<p>Then there is the fact that you won’t always win. Anything that is an effort is a lot easier to keep going if you win every time. If you try trading and lose then maybe you will give up fairly quickly.</p>
<h2><strong>Who Should Attempt Learning to Trade?</strong></h2>
<p>Naturally, some people will do well at Betfair trading. This is an approach that has helped to make money for a number of smart traders over the years.</p>
<p>Is it right for you to make the switch, though? Is it time to go from matched betting to Betfair trading?</p>
<p>Perhaps you will want to give it a go if you have a burning passion for learning new skills. Maybe you will do whatever it takes to earn money in new ways. If so, then you should certainly give it a try.</p>
<p>It may work out well for you or it may not. You can’t be completely certain unless you try it and see what happens.</p>
<p>The idea to bear in mind is that you need to know more than the rest of the market. This means putting in the time to study it well. The more you know the better your chances of winning money are.</p>
<p>If you are prepared to spend 12 months learning with low stakes then you may well succeed. The best way to approach this is understanding that it&#8217;s not guaranteed and no matter what courses, books or software you buy it&#8217;s going to take time to master.</p>
<p>However, you should also be prepared to learn the hard way. It is highly likely that you lose money before you start winning. It can take a long time to start seeing profits. If you are someone who is determined and will stick at it then this persistence will come in handy.</p>
<p>In addition, you need to remember that the Betfair markets are constantly evolving. So, you should be prepared to keep on updating your strategies. You can’t afford to rest on your laurels.</p>
<h2><strong>Who Should Stick to Matched Betting?</strong></h2>
<p>This is a solid, dependable way of making money. If you want to keep on winning time after time then it is right for you.</p>
<p>After the initial set-up time, it is also fairly low maintenance. Once you have your bookmaker accounts set up you can just look for suitable bets each day. This means it is a good option for someone who wants to win without any fuss.</p>
<p>It is also the most secure way of winning.</p>
<p>If you just need a sensible, easy way of earning money this will do the trick. You won’t ever get bored of earning risk-free cash from the bookies, will you?If you ever want to add some extra spice to your days then this can still be done. Look at matched betting on different sports. Or look at using casino bonuses using the same techniques.</p>
<h2><strong>From Matched Betting to Betfair Trading: Conclusion</strong></h2>
<p>For the majority of people reading this I’d recommend sticking to matched betting. Avoid wasting time learning about trading on Betfair.</p>
<p>Stick to what’s proven to work and you can’t go wrong. However, as mentioned earlier, do you have a burning passion to make trading work?</p>
<p>If so, then you should look for a system that lets you get started smoothly. It won’t be plain sailing and you should be prepared to blow several banks in the process.</p>
<p>At the end of the day, there are ways of betting that suit everyone. By looking at the options you can make an informed decision on what is right for you.</p>
<p><strong>Should you make the transition from matched betting to Betfair? Let me know your comments section below.</strong></p>
<p>The post <a href="https://mikecruickshank.com/matched-betting-to-betfair-trading/">From Matched Betting to Betfair Trading</a> appeared first on <a href="https://mikecruickshank.com">Mike Cruickshank</a>.</p>
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