I do all these strategies and do reasonable well. The 2up's, I hit around 1 in 10............ the BOG is decent if you place your bets in the morning early........... Extra place matcher, I usually use for golf and have hit 1 in 23 attempts but that 1 off was a £308 profit for free :) Great video again Mr Berry..... I will buy you a pint 1 day as a thank as you live down the road from me around Colly way I believe :)
Not much of a gambler but ive heard about matched betting and want to give it a go but i still dont understand the whole back bet/ lay bet strategy. Hopefully i cant find an ‘idiot’s guide’ that’ll explain it clearer 🤣🤣
that arsenal game was just too good of an opportunity to not get a 2up feature in a vid 😂 once again, sound advice broken down for those that dont bet regularly... high quality advice for the cost of a sub click. much love mate, be lucky!
Hope you're well, I done a little matched betting a few year back but hit the wall of struggling to find offers and only had myself and my girlfriend I could sign up for new accounts. I've recently became unemployed due to health issues so trying to make some extra money, are you able to give more information/guidance on how to put these strategies into practice? I have a small amount of capital and want to reduce risk of losing by trail and error. A more details guide would be very helpful if you could? All the best
The best odds for back bet are on the exchange and not on the bookmakers. I see no point putting back bet elsewhere if you can,back and lay at the same place. However, there is no real money for a long time.
I initially used betconnect for bogs. I got on hundreds of bets but you had to win and then hope for a bog which didn’t happen that often. I now use BC for eps
Good evening, question, I want to make an under strategy with high odds, but I would like to know how many small leagues there are on the betfair exchange, so I can update it in my strategy, thank you.
So for example with the lay bet the Crystal Palace Vs Everton tonight I put my £5 stake for my bonus on palace to win and on my exchange I put the lay against palace meaning they won’t win so means if Everton win or a draw it will give me a small loss? Thankyou!
When you qualify for free bets should you still lay them, I’m thinking not because if they lose your losing your liability on free money ? Class video mate thanks
You can just use them as a free bet with no lay-off but then you have to wait for a winner. On the other hand you can make a guaranteed profit by laying off at a lower stake to take into account the stake-not-returned in case it wins. If doing the latter go for higher odds to maximise profit, e.g. £10 FB on horse at 11.0, lay £8.71 at 11.5, if it wins win £100 - 91.46, profit 8.54, if it loses lay returns 8.69 less commission profit 8.52. There are calculators online that work this out for you.
You lay the free bets to extract 75%+ of their value guaranteed. The bigger the prices and the closer the price match between the bookie and the exchange, the bigger your guaranteed profit. For example, if you back something at 9.00 and lay at 9.20, you will extract at least 80% of the total stake of the free bet (can't remember the exact percentage without checking a MB calculator).
For example, a £10 free bet at 9.00, layed for £8.71 at 9.20 with an exchange commission of 2%, gives you a guaranteed profit of £8.53. If you back a horse on a best odds guaranteed bookie, sometimes it will win at odds of 10.00, so overall you're £18.53 in profit.
Why does the stake of the back bet on the exchange sized so that the potential win is equal to the liability of the lay bet + the stake of the original back bet at the bookie? Why not to choose a stake to cover only the liability of the lay bet? Also, I don’t get how the P/L at the exchange is calculated.
On the 2up, when the winning team goes 2 up and another back bet is being placed, is it definitely going on the exchange or is it to the bookmaker? It's just the word "back" appeared under bet365 at that part and I got slightly confused. Great vid all the same 🙂👍
There's very limited liquidity in the morning at prices close to the bookies prices to "exploit" BOG. The strategy for extra place exploitation also ignores the fact exchange prices are significantly larger. Also extra place offers are often at 1/5 rather than 1/4 thus exacerbating the price difference problem. The very small loss you refer to is far from very small.
Liquidity is always lower in the morning, I said this. The extra places change fractions depending on the field sizes, you need to look for the right opportunities to do it rather than just selecting any one :)
Hello Caan I'm very new to the Betfair exchange site and How to make trades. I wanted to put a £10 each way bet on a golfer who was trading at 190 on the win only page I went to the each/way page and he was trading at 90 . How is that correct? £10 win at 190 = 1890 profit but only £890 + the place profit ( forgot what it paid ) on the £10 each way bet which would cost me £20 ! Why is there a difference in the win price on the each way bet ? Thank you
If only these didn't quickly lead to account restrictions 😢 I know it was the fraud rather than the multi that initiated the court case, but do you think the fella in the news this week for multi-accounting B365 will mark the start of bookmakers more aggressively going after people that pet sit other people's accounts?
There's been lots of speculation on that case. It seems like there was more to it potentially... I don't think it changes anything, it's not worth bookies time to pursue it.
@@CaanBerryProTrader there is definitely more to it. That article is so disingenuously written and leaves the reader with so many questions and so few answers. If you google this new story, you will see it is the exact same, copy and pasted article across all sites. It is obvious they have used this conviction as an opportunity to scare people out of using pets by focussing on the bonus abuse more than the bank fraud. Search for the clip about courtsiding which was in that BBC documentary, the guy openly admits to buying hundreds of accounts off of people, and also the host of the documentary clearly says that using somebody else’s betting accounts is not illegal as long as you have their permission
@@CaanBerryProTrader He was trying to take Bet365 to court for a huge payout in someone elses name. Someone else in his group got busted last month. It's all linked to Essex/Marbella.
The question is how much can u get away with betting? A new account, deposit £1k, bet £1k straight away on some odds boost bet. Would they even accept £1k for a first bet?
Used to make more from these (and other) strategies than most pro traders make, but unfortunately its all gone now. I'm lucky if I can get £1 on with a bookie these days :(
@@CaanBerryProTrader I've gone from the 3x3 upto the 8x8 in 12 months. Satisfying when getting those ones completed. Get the speed ones too. Good luck with those and the horses.. 👍
i deposited on 365 and my back bet came in, the winnings returned as free bets? how do you convert this to cash just keep betting on strong favourites until the money is withdrawable and hope they don't slip up?
The first idea works in principle but not in practice from my research. Checking prices this week , there were very often only small amounts available to lay eg £5 - £50 at mid morning odds 10am - 11am where you could match at a reasonably close price. Certainly not enough for even just a few people to follow the idea.
@CaanBerryProTrader Thanks for reply. The matches are definitely there as you suggest , but the amounts available wouldn't make it viable for lots of people ( even a few people ) to follow the idea. Even the favs only have a few pounds to match, unfortunately. Best of luck.
I do all these strategies and do reasonable well. The 2up's, I hit around 1 in 10............ the BOG is decent if you place your bets in the morning early........... Extra place matcher, I usually use for golf and have hit 1 in 23 attempts but that 1 off was a £308 profit for free :)
Great video again Mr Berry..... I will buy you a pint 1 day as a thank as you live down the road from me around Colly way I believe :)
Haha, no pint needed. Just appreciate the video like! :)
Not much of a gambler but ive heard about matched betting and want to give it a go but i still dont understand the whole back bet/ lay bet strategy. Hopefully i cant find an ‘idiot’s guide’ that’ll explain it clearer 🤣🤣
Do you cash out at 2-1 or hope for 2-2? Do you only do it on games where over 2.5 odds on?
that arsenal game was just too good of an opportunity to not get a 2up feature in a vid 😂
once again, sound advice broken down for those that dont bet regularly...
high quality advice for the cost of a sub click. much love mate, be lucky!
Haha I know, mad match. Thanks for the comment and sub!
Hope you're well, I done a little matched betting a few year back but hit the wall of struggling to find offers and only had myself and my girlfriend I could sign up for new accounts. I've recently became unemployed due to health issues so trying to make some extra money, are you able to give more information/guidance on how to put these strategies into practice? I have a small amount of capital and want to reduce risk of losing by trail and error. A more details guide would be very helpful if you could? All the best
Hello, it has been 7 months now. How did your betting fare out
6 month check in on this comment
The best odds for back bet are on the exchange and not on the bookmakers. I see no point putting back bet elsewhere if you can,back and lay at the same place. However, there is no real money for a long time.
Because the value comes from the concession with matched betting. It's a +EV opportunity.
Great video mate I wish I could understand it I’m really into sport betting just I’m not the smartest.
just keep watching his videos ,also for more knowledge look out for (Peter Webb / Bet Angel or Arber hunter ) both on Y/T
There's a more basic video about matched betting to start with here - ua-cam.com/video/_Jsg0z_7CUs/v-deo.html
I initially used betconnect for bogs. I got on hundreds of bets but you had to win and then hope for a bog which didn’t happen that often. I now use BC for eps
Good evening, question, I want to make an under strategy with high odds, but I would like to know how many small leagues there are on the betfair exchange, so I can update it in my strategy, thank you.
Its always changing...
So for example with the lay bet the Crystal Palace Vs Everton tonight I put my £5 stake for my bonus on palace to win and on my exchange I put the lay against palace meaning they won’t win so means if Everton win or a draw it will give me a small loss? Thankyou!
When you qualify for free bets should you still lay them, I’m thinking not because if they lose your losing your liability on free money ? Class video mate thanks
You can just use them as a free bet with no lay-off but then you have to wait for a winner. On the other hand you can make a guaranteed profit by laying off at a lower stake to take into account the stake-not-returned in case it wins. If doing the latter go for higher odds to maximise profit, e.g. £10 FB on horse at 11.0, lay £8.71 at 11.5, if it wins win £100 - 91.46, profit 8.54, if it loses lay returns 8.69 less commission profit 8.52. There are calculators online that work this out for you.
You lay the free bets to extract 75%+ of their value guaranteed. The bigger the prices and the closer the price match between the bookie and the exchange, the bigger your guaranteed profit.
For example, if you back something at 9.00 and lay at 9.20, you will extract at least 80% of the total stake of the free bet (can't remember the exact percentage without checking a MB calculator).
For example, a £10 free bet at 9.00, layed for £8.71 at 9.20 with an exchange commission of 2%, gives you a guaranteed profit of £8.53.
If you back a horse on a best odds guaranteed bookie, sometimes it will win at odds of 10.00, so overall you're £18.53 in profit.
Some others have already replied useful answers here...
Why does the stake of the back bet on the exchange sized so that the potential win is equal to the liability of the lay bet + the stake of the original back bet at the bookie?
Why not to choose a stake to cover only the liability of the lay bet?
Also, I don’t get how the P/L at the exchange is calculated.
On the 2up, when the winning team goes 2 up and another back bet is being placed, is it definitely going on the exchange or is it to the bookmaker? It's just the word "back" appeared under bet365 at that part and I got slightly confused. Great vid all the same 🙂👍
Exchange :)
There's very limited liquidity in the morning at prices close to the bookies prices to "exploit" BOG.
The strategy for extra place exploitation also ignores the fact exchange prices are significantly larger. Also extra place offers are often at 1/5 rather than 1/4 thus exacerbating the price difference problem. The very small loss you refer to is far from very small.
Liquidity is always lower in the morning, I said this. The extra places change fractions depending on the field sizes, you need to look for the right opportunities to do it rather than just selecting any one :)
wish if you explain slowly and also make video for begginers for those who follows you !
This is a repeat problem... I go too slow some say its obvious, I go quicker some say its too fast. Maybe watch it twice to be sure?
Mais nesse caso a bet365 vai limitar ?
Hello Caan
I'm very new to the Betfair exchange site and How to make trades.
I wanted to put a £10 each way bet on a golfer who was trading at 190 on the win only page
I went to the each/way page and he was trading at 90 . How is that correct?
£10 win at 190 = 1890 profit but only £890 + the place profit ( forgot what it paid ) on the £10 each way bet which would cost me £20 ! Why is there a difference in the win price on the each way bet ?
Thank you
Price is always +1 in decimals. So 90/1 would be 91.0
If only these didn't quickly lead to account restrictions 😢
I know it was the fraud rather than the multi that initiated the court case, but do you think the fella in the news this week for multi-accounting B365 will mark the start of bookmakers more aggressively going after people that pet sit other people's accounts?
There's been lots of speculation on that case. It seems like there was more to it potentially... I don't think it changes anything, it's not worth bookies time to pursue it.
@@CaanBerryProTrader Looks like he was potentially opening bank accounts in peoples name which is a step too far
@@CaanBerryProTrader there is definitely more to it. That article is so disingenuously written and leaves the reader with so many questions and so few answers. If you google this new story, you will see it is the exact same, copy and pasted article across all sites. It is obvious they have used this conviction as an opportunity to scare people out of using pets by focussing on the bonus abuse more than the bank fraud. Search for the clip about courtsiding which was in that BBC documentary, the guy openly admits to buying hundreds of accounts off of people, and also the host of the documentary clearly says that using somebody else’s betting accounts is not illegal as long as you have their permission
@@CaanBerryProTrader He was trying to take Bet365 to court for a huge payout in someone elses name. Someone else in his group got busted last month. It's all linked to Essex/Marbella.
I like the sound of this I am going to give it a go when I get my universal credit on Friday. 🎉🎉🎉
Get a job
@@JT-yv4pf😂😂 well said
The question is how much can u get away with betting? A new account, deposit £1k, bet £1k straight away on some odds boost bet. Would they even accept £1k for a first bet?
Used to make more from these (and other) strategies than most pro traders make, but unfortunately its all gone now. I'm lucky if I can get £1 on with a bookie these days :(
Ye, still some cash in it for the newcomers though. Screw the bookies!
@@CaanBerryProTrader yeah deffo. Good luck to them I say
If you always win does the betting site allows you to withdraw constantly?
Can anyone get these offers and play matched betting from abroad, or must be a UK resident?
Thank You!
Where are you? Different countries have different offers.
@@CaanBerryProTrader
I live in Hungary Sir
How earn wat start frkm
I just signed up to bet Fred but they don’t have a sign up bonus what should I do
Really? they usually do for £40 where are you?
Mix that Rubik's cube up man or try the 4x4 or 5x5. They're more of a gamble to solve.
Will get one, bored of this one now. Once you know how its too easy.
@@CaanBerryProTrader I've gone from the 3x3 upto the 8x8 in 12 months. Satisfying when getting those ones completed. Get the speed ones too. Good luck with those and the horses.. 👍
im from greece can i do it?
Yes you can hit me up , i can’t show you how
I believe so although bookies are a bit different.
@@Phil828💀🤡
This still work?
Anyone else notice the Runscape banning screenshot 😂
How does the first strategy work? Do you place the back bet in the morning and wait to place the lay bet later on much closer to the race start?
No money there forget it
No, you want to do them at the same time when the prices match to avoid risk.
@@CaanBerryProTrader prices almost never same, bookies always undercut exchange heavily in the morning
Nice runescape easter egg lmao
i deposited on 365 and my back bet came in, the winnings returned as free bets? how do you convert this to cash just keep betting on strong favourites until the money is withdrawable and hope they don't slip up?
To convert freebies to cash use the calculator and find an efficient odds match.
Hello sir not understanding do live bet
Can you explain more?
With your knowledge cann you could be making hundreds of thousands a month with a tipster channel or portal platform
Ye just wouldn't be right though would it... tips are flawed.
The first idea works in principle but not in practice from my research. Checking prices this week , there were very often only small amounts available to lay eg £5 - £50 at mid morning odds 10am - 11am where you could match at a reasonably close price. Certainly not enough for even just a few people to follow the idea.
Use the matcher with BetConnect and you'll see the 100% matches.
@CaanBerryProTrader Thanks for reply. The matches are definitely there as you suggest , but the amounts available wouldn't make it viable for lots of people ( even a few people ) to follow the idea. Even the favs only have a few pounds to match, unfortunately. Best of luck.
Classic runescape ban screen😁
Thoughts on the new proposed gambling reforms? Do you think mb will have a future?
Ergh, its hard to say. On one hand most of these checks and limits are already in place, on the other, it doesn't look great for anyone but losers.
Did I see a RuneScape account restricted screenshot in there?😂
What is runescape?
“Risk free”
When done properly matched betting is not taking a risk.
I cannot believe y'all are not with Stake. Who still use 365 or William Hill.. come on wake up UK
Stake don’t let me open an account, instantly gets closed
india?
?
if you want a migraine, watch this video.
Others say these things are too slow! whats the problem? :)
all I heard was blah blah blah
stop arbing and have a normal bet ffs
Why take risk when you don't need to? Professional gamblers make money because they are professional (not taking risk).
Defeats the purpose, you should be betting with the intent to make money not just for the sake of it
Caan do you have an Email? I’ve just been mugged off by skybet customer support after they made a bet that should’ve been voided as a loss
I do, although we get about 10-15 emails about such things each week... they're all at it.