Temple of games slots,Recharge Every day and Get Bonus up-to 50%! https://www.newyorkstateofsports.com/beginners-guide-matched-betting/ Mon, 15 Jan 2024 03:11:04 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: Macho50 https://www.newyorkstateofsports.com/beginners-guide-matched-betting/#comment-2933 Mon, 20 Jan 2020 13:29:59 +0000 https://tobyaldous.com/?p=1018#comment-2933 I know about lay bets, but not matchbet. Can you lay two F1 pilots to loose at the same , using the same exchange?

]]> By: Robert https://www.newyorkstateofsports.com/beginners-guide-matched-betting/#comment-2089 Wed, 12 Jun 2019 11:46:29 +0000 https://tobyaldous.com/?p=1018#comment-2089 My head is spinning! I had to take a lot of notes and review them to understand some of these things. Not complaining here. I’m grateful I can learn this for free so thank you for putting in the time to create this matched betting guide. Much appreciated. Will have to re-read this a few more times to get a better idea of things.

]]> By: Marco https://www.newyorkstateofsports.com/beginners-guide-matched-betting/#comment-2083 Wed, 12 Jun 2019 10:27:57 +0000 https://tobyaldous.com/?p=1018#comment-2083 Great matched betting guide. So many things I still don’t understand but thank you for trying to explain this for beginners. Why are there so many bookies that try to trick people with difficult terms & conditions? Can a generous and transparent bookie still win in this market? It’s so disappointing to see bookies that try to hide things in the fine print.

]]> By: Jett https://www.newyorkstateofsports.com/beginners-guide-matched-betting/#comment-1619 Fri, 22 Feb 2019 08:19:14 +0000 https://tobyaldous.com/?p=1018#comment-1619 Hi, im from Australia and would like to know if matched betting is applicable here as well. And if yes, then what is the ideal good amount to put down to maximise the profits. Thanks

]]> By: Toby https://www.newyorkstateofsports.com/beginners-guide-matched-betting/#comment-769 Sun, 08 Oct 2017 19:35:00 +0000 https://tobyaldous.com/?p=1018#comment-769 In reply to Dennis S..

Usually for matched betting you’d want the odds to be low when meeting a rollover or qualifying bet. For an SNR free bet, I recommend higher odds, at 5.0+.

If you play around with numbers in the OddsMonkey calculator you’ll begin to get an idea of what works. You’ll quickly note that with SNR free bets you retain much more of your free bet using higher odds.

]]> By: Dennis S. https://www.newyorkstateofsports.com/beginners-guide-matched-betting/#comment-768 Sun, 08 Oct 2017 19:24:00 +0000 https://tobyaldous.com/?p=1018#comment-768 In reply to Toby.

I think I get it.
So for a matched bet or possibly arbitrage bet,
you would want the lay bet quota to be as small as possible and/or the “normal” bet quota to be as high as possible, right?

]]> By: Toby https://www.newyorkstateofsports.com/beginners-guide-matched-betting/#comment-767 Sun, 08 Oct 2017 19:18:00 +0000 https://tobyaldous.com/?p=1018#comment-767 In reply to Dennis S..

Lay bets aren’t the same as regular Back bets.

When you Lay, you’re becoming the Bookmaker.

If you Lay ￡10 on Spurs at 5.0 then you can either:
– Make +￡10 profit (it they drew or lost)
– Pay someone out -(￡10 x 5.0) + 10 = -￡40 (if they won)

Therefore your Betfair account must always have enough money to pay someone that ￡40 if your Lay bet was unsuccessful. It ‘locks’ that money until the event is decided.

If you use even higher odds, like 15.0, then the amount you may potentially have to pay someone is even higher! In this case it’s (￡10 x 15.0) +10 = -￡140. Hence why I suggest you keep your odds low.

]]> By: Dennis S. https://www.newyorkstateofsports.com/beginners-guide-matched-betting/#comment-766 Sun, 08 Oct 2017 18:48:00 +0000 https://tobyaldous.com/?p=1018#comment-766 Honestly I don’t understand it.
Aren’t these lay bets the same as placing normal bets?
Just that some commision of 5% is put on top of the bet?

So why would i need tons of money for it?

I have for example 2 bets:
1 that the squad will win
another bet that it will not win

According to arbitrage betting theory we should already be in profit if
1/quota1+1/quota2 <1

So why is it said in the text that a quota of like 9.0 would be bad in lay betting?
Doesn't it mean that when using 100$ as stake, you would get 9*100$=900$ (minus the small comission)
back if it wins.

or do laying bets work fundamentally different and the odds work extremely different? O_o

Can someone please explain me?

By the way, the european quotas are no problem as I happen to be from europe.
So rather american quota confuses me.

]]> By: Toby https://www.newyorkstateofsports.com/beginners-guide-matched-betting/#comment-523 Fri, 12 May 2017 23:10:00 +0000 https://tobyaldous.com/?p=1018#comment-523 In reply to Wally Hudson.

Matched Betting only makes a profit because of the free bets. That’s your ‘advantage’ over the bookie. Without free bets you wouldn’t make any money – unless you find arbitrage bets.

Arbitrage bets are basically the same as matched bets – except that they profit from the difference in the odds as opposed to the inclusion of a free bet.

]]> By: Wally Hudson https://www.newyorkstateofsports.com/beginners-guide-matched-betting/#comment-511 Fri, 12 May 2017 21:37:00 +0000 https://tobyaldous.com/?p=1018#comment-511 If you just cancel out bets by backing it and then betting against it then why do you even need the free bets? Cant it be done without them?

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