Clicking on the 1. A back bet and a lay bet on the same event, set up to exploit an offer, is often referred to as a qualifying bet. Making us qualify for an offer. Shortly after the Newport County v Swansea game finished. Next, I had to repeat steps 2 Place a back bet and 3 Place a lay bet but with some differences. The aim of the qualifying bet was to lose as little as possible.
To achieve this, I need to again find a bet with close odds to the lay bet. When using free bets, bet odds of 4. You can use a free version of the Oddsmatcher by signing up for a free trial of Oddsmonkey. Clicking on it will order the bets that will retain most value from a free bet. You only receive the winnings. The majority of free bets are Stake Not Returned.
The main difference here is, I did;t need to use any of my money to place the back bet. In the bet slip, there was now an option to use my free bet. The purpose of this lay bet is to lock in a profit regardless of the bet outcome. By using the matched betting calculator, I can see what stake I need for this lay bet. Next I returned to Betfair to play my lay bet. Clinking on the 7. I had guaranteed a profit whatever happened. The great news is that the process can be repeated multiple times using different bookmakers.
The process is quite straightforward, however, for many people, the biggest hurdle is getting started. Naturally, people want to know the answer to this before they start. However, the truth is, the amount you can make depends on a few things:. This would be from using ongoing offers. This will be enough to work through a few new account offers, to begin with. The more money you start with, the more money you can potentially make sooner.
That being said, if you are completely new to matched betting. I think it would be sensible to still start slow. Do one or two offers at a time until you are fully confident with the process. After that, go ahead and increase the number of offers you are doing.
The majority of people do this in their spare time as an extra side income. In short, the more experience you have, the more efficient you will be. The outcomes of the bets you place are irrelevant, so there is no prior knowledge of sports needed. There is no predicting or guessing like most normal punters are doing. In fact, I think having no invested interest in sport and betting is an advantage.
Also, the aim is to start off by treating your matched betting as a business. The great thing about matched betting is that you can earn as you learn right from the start. So rather than try and put a time scale on when you to learn it all, just start with one offer at a time. Matched betting sites such as Oddsmonkey exist to make learning and doing matched betting easy.
With step by step guides for hundreds of offers. You can sign up for the free trial here. There are different types of offers and strategies to learn as you become more experienced. The priority at first, however, is to complete the new account offers.
To sum up, spend your time learning as soon as possible. But there is no reason not to jump in and earn as you learn. There are a large number of bookmakers all desperately seeking your custom. They do this by running promotions to try and attract both new and repeat customers. These types of promotions are easy to exploit for profit by using matched betting techniques.
As a result of doing matched betting, you will be an unprofitable customer for bookmakers. Consequently, they will eventually restrict your promotions. When this happens, you have to accept it and move on to the next bookmaker. There are some sensible ways to reduce the chance of being gubbed too fast. Like in my example above, there was no way I was going to lose money.
By taking your time, being organised and double-checking everything, these mistakes can all be avoided. Being a member of a matched betting site like Oddsmonkey will help you avoid a lot of common mistakes. There is nothing illegal about locking in a profit using a betting exchange.
Although, I also thought it was when I first read about it! Here are a few reports from National newspapers that have covered matched betting:. The Guardian. The Telegraph. The Sun. The Daily Mail. And who could blame them? They are in the business of stumping up the collateral that we can win at the merest few clicks of a mouse. What if we had five accounts, or ten accounts, each placing the same bets at odds of 50?
What if all those bets came in? In fact, every single bookie inserts clauses into its terms and conditions disallowing the practice of holding multiple accounts. William Hill goes a step further, stating that. Duplicate accounts will not qualify for this offer. Most bookies will have similar clauses inserted in their terms when we sign up and accept any promotional offers. So holding multiple accounts is very heavily against the Ja Rules.
A few of them are interested. Matched betting is a growing trend. Billy, your best friend, is eager to start matched betting. You kindly offer to show him the ropes. So Billy comes round. He brings pizza and beer. But if you log on to, say Ladbrokes , for example, you may find them refusing to let you create an account for Billy on your computer. He might have a different name, postal address, phone number and debit card, but because you are using your laptop Ladbrokes can see it is the same IP and MAC address, so bars it from opening another account in a separate name.
Partners across the land raised eyebrows when Google launched its Incognito service. Suddenly we could browse the Internet without having to cover our browsing tracks. Why would we possibly want to do that, if not for nefarious purposes? Though, as we know, Google markets its Incognito service at people wanting to hide nice surprises from their special someone.
Other browsers, by the way, also offer private windows. So you might think that opening an Incognito window might be enough to allow you to show Billy the matched betting ropes. Sadly not. You can show him on yours, he can do it on his. So to speak. That would be the MAC address sorted.
But you would still have the issue of the same IP Address, which would also raise a red flag for whichever bookmaker you would be looking to bet at. Bookies have cracked down on the use of VPNs because some punters used them to create multiple accounts to try and fox the bookmakers out of their promotional offers.
You live in a shared flat. There are six of you. Media services such as Netflix and BBC have systems to identify shared IPs and blacklist them from accessing their services.
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Football Offers. Weekly Free Bet Club Offers. Matched Betting Calculator. Each Way Calculator. Sequential Lay Calculator. Early Payout Calculator. Dutching Calculator. Odds Converter. Bet Alchemist. Make money with this popular horse racing tipster service that focuses on each way value bets. Betfair Trading. Maximise your matched betting profits with their fantastic range of matched betting tools. My Account Log out. Forums Matched Betting. Same smartphone for different account but different IP address?
Same macbook for different account but different ip address? Or do i need a new device for each set of accounts? Learn Matched Betting for Free Join 1,s who have already profited. Read the Complete Guide. Mr Crispy 21 November 3, at am. Different devices and IPs are required.
The bookies want you to bet on high odds when they lose. Changing IP address for each one? Mr Crispy 21 November 5, at pm. Johnbo 8 November 5, at pm. Agree with Mr Crispy here. Viewing 9 replies - 1 through 9 of 9 total. You must be logged in to reply to this topic. Username or Email. Remember Me. Log In. Register Lost Password. Log in Username or Email. Logged in Username or Email. Share this page. Search Forums Search for:. View all new customer offers. Never miss an offer!
Subscribe for regular offer updates, tips and tricks, big offer alerts and more. Who can take part? The promotion is available for new Betfair accounts, aged 18 or over You will no longer be eligible for any Exchange or Sportsbook promotions, e.
When will I get my prize? The commission will be reimbursed every Wednesday based on the activity carried out during the seven days prior to Tuesday. What else do I need to know? Promotion is only available to customers depositing using Card or Pay Pal. You will receive Betfair Points in all qualifying markets, regardless of any refund payments made. Other boring but essential stuff Betfair Standard Exchange rules apply. Once the bonus is credited to your account, losses will be refunded up to the bonus amount.
Please note that this includes virtual Monzo cards and first deposits made by this method will not qualify for the welcome offer. To withdraw rebated funds, you must bet at least the qualifying deposit on any combination of markets within the promotional period; otherwise rebated funds will be forfeited. Unused bonuses expire after seven days of being credited to a user account and will be removed after this period.
The promotion is open to new users making their first deposit by card, bank transfer or Trustly only. The sign up offer is strictly limited to one per individual, family, household address, email address, same payment account number, IP address or shared computer. This promotion cannot be used in conjunction with any other sign-up promotion.
Customers whose accounts are closed before the date all required Qualifying Bet s are settled will not qualify for this Sports Promotion. A bet will not be considered a Qualifying Bet if it is wagered on Tote or Pools. A bet will not be considered a Qualifying Bet if for any reason it becomes void. The Qualifying Bet must be made within 14 days of your account registration. We will credit your free bets to your account as soon as you make a Qualifying Bet.
Free bets cannot be redeemed for cash at any time. Please note that the value of your free bet will not be included in any winnings. Your free bet is not returned if your free bet wager becomes void. If you have made one or more Qualifying Bets in relation to this Sports Promotion and your betting levels are subsequently restricted by us, we will make sure that this will not materially affect your ability to satisfy the conditions to qualify for this Sports Promotion if applicable or to fully benefit from the free bets available.
A Bet will not be considered a Qualifying Bet if for any reason it becomes void. Bets placed after this date will not qualify for this Sports Promotion Promoter: LC International Limited Offer available only to newly registered Novibet customers from the UK, aged 18 and over, signed up via the special promotional link only. You may withdraw your withdrawable funds at any time except where we are required to withhold such funds in order to comply with our legal or regulatory obligations.
The offer is valid for all payment methods except Skrill, Neteller, Paysafe, and Moneysafe. Only the first bet placed after your first deposit will count towards this offer. The free bet will be credited after your first bet is settled. Please allow 10 minutes to pass before the free bet is credited to your account.
You will need to log out from your account and log in again in order to be able to see your free bet. The Qualifying Bet must be placed solely as a single or an accumulator bet. System bets e. Doubles, Trebles, 4 Folds will not count towards this offer. If your qualifying bet becomes void, it will not be considered a Qualifying Bet. Cashed out bets will not be counted in the free bet offer. The following markets are excluded from this offer: Asian Handicap, Draw no bet, Special bets, Outrights for all sports.
Cancelled bets or bets on suspended or abandoned events, will not count towards the matched free bet offer. The first bet must be made within 30 days of your account registration to qualify for this offer. The free bet must be placed within 30 days of the date on which your free bet was credited to your account. The value of your free bet will not be included in any winnings. This offer is limited to one per person, family, household address, e-mail address, phone number, IP address, same payment account number e.
We reserve the right to withdraw the availability of any offer to any customer or group of customers at any time, at our own reasonable discretion. Any rollover requirement of the previous bonus must have been completed. Please contact support via chat or email in case you registered before the 22nd of October and are making your first deposit after the 23rd of October. William Hill goes a step further, stating that. Duplicate accounts will not qualify for this offer. Most bookies will have similar clauses inserted in their terms when we sign up and accept any promotional offers.
So holding multiple accounts is very heavily against the Ja Rules. A few of them are interested. Matched betting is a growing trend. Billy, your best friend, is eager to start matched betting. You kindly offer to show him the ropes. So Billy comes round. He brings pizza and beer.
But if you log on to, say Ladbrokes , for example, you may find them refusing to let you create an account for Billy on your computer. He might have a different name, postal address, phone number and debit card, but because you are using your laptop Ladbrokes can see it is the same IP and MAC address, so bars it from opening another account in a separate name.
Partners across the land raised eyebrows when Google launched its Incognito service. Suddenly we could browse the Internet without having to cover our browsing tracks. Why would we possibly want to do that, if not for nefarious purposes? Though, as we know, Google markets its Incognito service at people wanting to hide nice surprises from their special someone. Other browsers, by the way, also offer private windows. So you might think that opening an Incognito window might be enough to allow you to show Billy the matched betting ropes.
Sadly not. You can show him on yours, he can do it on his. So to speak. That would be the MAC address sorted. But you would still have the issue of the same IP Address, which would also raise a red flag for whichever bookmaker you would be looking to bet at. Bookies have cracked down on the use of VPNs because some punters used them to create multiple accounts to try and fox the bookmakers out of their promotional offers. You live in a shared flat. There are six of you.
Media services such as Netflix and BBC have systems to identify shared IPs and blacklist them from accessing their services. Bookies do too. Now, if you conducted your matched betting activity via your desktop computer, and you had a laptop that could connect to the internet via your smartphone or a dongle, it would be a different story.
Unbeknownst to many a punter, bookmakers actually install tracking software on our computers when we sign up for a bookie account, under the blanket of checking for fraudulent activity. Is this a breach of privacy? However, just like Neo and the rebels, we can fight back to retain our privacy.