Matched betting and even punting for value is basically dead at this point. They seem to gub so fast and pretty much only want you if you're definitely a mug punter.
@@CrazyLarry23 that's not actually true. You just have to get your account put in a lower risk category. Traders put accounts into categories. I have been betting with online bookies for 20 years, obviously not all in my own name, but in other peoples as well. I pay them to use their accounts. The trick is, you have to 'hone' the accounts first. You have to get yourself put in lower risk categories so traders ignore you. If you do value punting in brand new accounts obviously you'll get banned or restricted almost instantly. But if you are clever and do a lot of mug bets first you can make a lot of money. I had an account recently where I was able to make £11,000 with really small bets, just like £20-£30 a time. It lasted for ages. You just have to think outside the box. It can still be done. And there's a lot of money in it. Don't forget that's all tax free income.
I like the psychological boost when my horse is 2nd and then loses and three head photo finishing 4th but I still get $8 for show. 20 horse fields are pretty tough as it is.
The "potential profit" column, on the right side, ...does this include the stake refunded? I feel i'm failing a simple maths thing here. I'm thinking £10 stake, at 3.0 = £20 profit (£30 -10 🤷♂) / £10 at 1.8, = £8 (?). Apologies if i'm dumb; - thanks for the video.
So would you not be best to bet on a horse not getting placed as you would have a better chance to win because you only. Have 3 places instead of like 6 places not to get placed or I'm I missing something
I love your content - incredibly well produced...A well done to yourself. Unfortunately it's a reflection on the past as I'm gubbed everywhere. I'd love to see a guide for the 'gubbers' out there on how to continue doing well (without actively trading lets say).
With the exception of a few (Boylesports springs to mind), you can still benefit from extra places even if banned from promos. It's when they eventually restrict your stakes where it gets tricky. That's when you're better going down the value betting route.
@@flyingguru517 absolutely! i was never big but had a winning run on spread bets back in the day.. 100 pound a point type bets. they limited me to 10 pound . i was gobsmacked at the time, had no idea they were even allowed to do that
Yes. The profit comes from all three bets coming in when the horse finishes 4th. In this case, the bookie e/w bet, the win lay bet at the exchange and the place lay bet at the exchange. Any other position and the winnings combination (from that non-4th place position) adds up to the qualifying loss amount.
Always makes me giggle when folk say x amount per year, cos if its buying money why would we cap it :) I used to actually be a racing tipster, having had family in the game, one of the first onlne membership sites 20 odd years ago before i had a 'career change' :) I think its probably easier to makea bankrollls last now with all the money backs for 2nds type offers.. The problem with backing the 'extra place' i.e 4th is that you get less returns for 2nd and third and if you tip well then you prob get more 2nds and thirds than 4ths
It doesn't really work like that, no matter how good you are you'll get plenty of 4ths. And do you mean 1/5 the odds instead of 1/4 the odds? In a race with less than 12 runners you only get 1/5 anyway.
Thanks for watching!
Part 2 coming soon
People are getting banned just for doing this after just one bet. So how can we expect to make £10k a year?
Matched betting and even punting for value is basically dead at this point.
They seem to gub so fast and pretty much only want you if you're definitely a mug punter.
@@CrazyLarry23 that's not actually true. You just have to get your account put in a lower risk category. Traders put accounts into categories. I have been betting with online bookies for 20 years, obviously not all in my own name, but in other peoples as well. I pay them to use their accounts. The trick is, you have to 'hone' the accounts first. You have to get yourself put in lower risk categories so traders ignore you. If you do value punting in brand new accounts obviously you'll get banned or restricted almost instantly. But if you are clever and do a lot of mug bets first you can make a lot of money. I had an account recently where I was able to make £11,000 with really small bets, just like £20-£30 a time. It lasted for ages. You just have to think outside the box. It can still be done. And there's a lot of money in it. Don't forget that's all tax free income.
Simple....you can't
'Value' and 'Each-way' betting is a contradiction.
I like the psychological boost when my horse is 2nd and then loses and three head photo finishing 4th but I still get $8 for show. 20 horse fields are pretty tough as it is.
The "potential profit" column, on the right side, ...does this include the stake refunded? I feel i'm failing a simple maths thing here. I'm thinking £10 stake, at 3.0 = £20 profit (£30 -10 🤷♂) / £10 at 1.8, = £8 (?). Apologies if i'm dumb; - thanks for the video.
yes youre right
So would you not be best to bet on a horse not getting placed as you would have a better chance to win because you only. Have 3 places instead of like 6 places not to get placed or I'm I missing something
I love your content - incredibly well produced...A well done to yourself. Unfortunately it's a reflection on the past as I'm gubbed everywhere. I'd love to see a guide for the 'gubbers' out there on how to continue doing well (without actively trading lets say).
What is the ROI for this strategy
Just one question. Are bookies wise to this and likely to gubb you?
they will always gub you if u win , eventually.
With the exception of a few (Boylesports springs to mind), you can still benefit from extra places even if banned from promos.
It's when they eventually restrict your stakes where it gets tricky. That's when you're better going down the value betting route.
@@flyingguru517 absolutely! i was never big but had a winning run on spread bets back in the day.. 100 pound a point type bets. they limited me to 10 pound . i was gobsmacked at the time, had no idea they were even allowed to do that
Am I correct in thinking that the horse must finish 4th to make profit?
no, its place money back for 2nd third and 4th. whether thats a profit depends on the odds
Yes. The profit comes from all three bets coming in when the horse finishes 4th. In this case, the bookie e/w bet, the win lay bet at the exchange and the place lay bet at the exchange. Any other position and the winnings combination (from that non-4th place position) adds up to the qualifying loss amount.
Are you doing this full time now?
This video was from last year, it's just a re-upload.
Always makes me giggle when folk say x amount per year, cos if its buying money why would we cap it :)
I used to actually be a racing tipster, having had family in the game, one of the first onlne membership sites 20 odd years ago before i had a 'career change' :) I think its probably easier to makea bankrollls last now with all the money backs for 2nds type offers..
The problem with backing the 'extra place' i.e 4th is that you get less returns for 2nd and third and if you tip well then you prob get more 2nds and thirds than 4ths
It doesn't really work like that, no matter how good you are you'll get plenty of 4ths. And do you mean 1/5 the odds instead of 1/4 the odds? In a race with less than 12 runners you only get 1/5 anyway.
making a lot of cash every single year you must be kidding shut down and limited after a couple of weeks