Boostin' Kev Posted November 26, 2015 Share Posted November 26, 2015 Spent half an hour or so reading about it this morning. The premise seems to be using free bets with bookies to back an outcome and then laying the same bet at Betfair or someplace similar. Results in guaranteed small victories which build up over time. Seems as though if you're willing to spend a bit of time figuring it out and an hour or so a day on it you can treat it like a part time job and earnings of £300-£500 a month are apparently not difficult as long as you have the discipline to stick to the principles of doing it. Couple of links below that I'm going to read up on today. Anyone here have any experience with it already? http://www.jamie-anderson.com/profit-accumulator-review/ http://www.profitaccumulator.co.uk/ 0 Quote Link to comment Share on other sites More sharing options...
Deeboy Posted November 26, 2015 Share Posted November 26, 2015 I'm sure there's a few on here who do/done it. Marsh, MidTable & Blue4268(?) spring to mind. 0 Quote Link to comment Share on other sites More sharing options...
Boostin' Kev Posted November 26, 2015 Author Share Posted November 26, 2015 Just read the first link sounds very good if you have the discipline not to spunk your winnings. There's been articles about it the Telegraph, Guardian etc. Usually very sceptical about things like this but from what I've read paying the £22.99 per month on the second link saves a lot of time and makes you aware of reload offers from the bookies (more free bets) and also has access to casino/bingo bets which are only recommended once you've got the initial stuff sussed out. 0 Quote Link to comment Share on other sites More sharing options...
BinoBalls Posted November 26, 2015 Share Posted November 26, 2015 Ive been doing it for 2 years now. It's profitable for sure. If you are reasonable at maths then no need to pay anyone to tell you what to do. Downsides are bookies will usually eventually severely restrict your account. In the good old days I had 6 William hill accounts and 6 bet365 accounts. They both do offers on channel 4 racing every Saturday. I know nothing about horse racing but that doesn't matter. You basically back the horse with the bookies then lay it on betfair. With William hill, if it comes 2nd then you get a free bet. With bet365 if it wins at odds of 4/1 or greater, then you get a free bet on the next channel 4 race. Paddy Power gives money back (as free bet) in your horse finishes 2nd in quite a lot of meetings. The challenge is getting the odds at bookies and betfair to match (or near enough match). And it's also quite a time consuming way to spend Saturday if you have several accounts. Tips: don't get torn into every single offer going or they will shut you down. Stick to events that are high turnover. Don't back maximum stakes. eg bet365 allow up to£50 per channel 4 race. I do £30. Open accounts in close family's name too, but only if you have enough in your betfair account to cover the lays. This takes time. Bet365 do this great thing where on a Saturday from 10am, they promise to price match the top 7 bookies in every channel 4 race. So it's not too difficult to get a close match on betfair. Start small till you get the hang of it. 0 Quote Link to comment Share on other sites More sharing options...
Boostin' Kev Posted November 26, 2015 Author Share Posted November 26, 2015 (edited) How much do you reckon you've made over the 2 years Bino? Do you find out about the reload offers easily yourself? Part of the attraction of paying that site is that it seems to save a lot of time by letting you know when each offer becomes available and also for the odds calculator although I'm sure I'd manage fine myself with that. Edit: Did you have to open new bank accounts for different Willie Hills and Bet365 accounts? Edited November 26, 2015 by Billy Dynamite 0 Quote Link to comment Share on other sites More sharing options...
BinoBalls Posted November 26, 2015 Share Posted November 26, 2015 How much do you reckon you've made over the 2 years Bino? Do you find out about the reload offers easily yourself? Part of the attraction of paying that site is that it seems to save a lot of time by letting you know when each offer becomes available and also for the odds calculator although I'm sure I'd manage fine myself with that. Edit: Did you have to open new bank accounts for different Willie Hills and Bet365 accounts? It's hard to say for sure because I'm constantly moving money about accounts but right now it's probably about £600 per month. Back at the start it was more like £100 a month. I tend to only do (1) channel 4 racing, (2) the occasional bet365 live football in-play offer, and (3) any offers around the major horse racing festivals. So I kind of know when they are. I also have a close friend who does it and we pass each other info. For other stuff I don't really bother. eg Coral do occasional free £10 but I don't do that as I've heard of people being banned and it hardly seems worth it. Perhaps a pay-for service isn't a bad place to start until you're comfortable with the mechanics. I don't have different bank accounts as such - instead I transfer my wife, sister, dad etc money and they open bookies accounts for me. I then log on as them. It obviously has to be people you trust totally. Result is my sister is now banned from William Hill, Boylesports (they're horrendous for bans), and Stan James. You get the idea. Bet365 are the stalwarts. Haven't had a single account restricted / banned from there in 2 years. If I were you I'd also familiarise yourself with oddschecker - create a login and change it to Decimal odds so it's easy to compare with betfair. 0 Quote Link to comment Share on other sites More sharing options...
Boostin' Kev Posted November 26, 2015 Author Share Posted November 26, 2015 Cheers. Have signed up as a free member of that Profit Accumulator site to get started and work through the tutorials. Should return £40-£45 from first 2 bets which I'll use for a couple of months subscription to get my hand held for a while and then see if I want to continue with it or not. 0 Quote Link to comment Share on other sites More sharing options...
Mr Bairn Posted November 26, 2015 Share Posted November 26, 2015 There's a really good section on the money saving expert forums about this. One guy has been keeping a diary of his matched bets for a few years and has accumulated something ridiculous like a quarter of a million. 0 Quote Link to comment Share on other sites More sharing options...
Boostin' Kev Posted November 26, 2015 Author Share Posted November 26, 2015 (edited) Just done the first stage on that website with around a fiver backing/laying Accrington against York and used my £20 free bet backing/laying Dundee against St Johnstone. Only making me around £12 which I'll use at Bet Fred to get a free £30. Glad I had that tutorial video to follow. On Betfair I have an unmatched stake of £0.61 on Dundee. Is that a problem? ETA: It's been matched now. Edited November 26, 2015 by Billy Dynamite 0 Quote Link to comment Share on other sites More sharing options...
RondeBoer Posted December 1, 2015 Share Posted December 1, 2015 Couple of links below that I'm going to read up on today. Anyone here have any experience with it already? http://www.jamie-anderson.com/profit-accumulator-review/ Just been reading that blog you linked to, the guy's making some money from it is he not, over 30 grand this year already?! Fair play. Definitely be looking in to this further, can't believe I've been unaware of this for so long, appears it's been about for years as well. 0 Quote Link to comment Share on other sites More sharing options...
Latino Lover Posted December 1, 2015 Share Posted December 1, 2015 (edited) Been doing this for a few years. Accounts almost all fucked now so regular shop trips for double delight/sharp shooter football offers are the norm. I know nothing about horses either and do ok on that, ditto rugby and the hills offer in the recent World Cup was a total gift. I spend a fair bit of tine on it and have to gave wifi in house switched off on my phone to avoid being quickly shut down on second accounts etc. Got three sharp shooters and a dd last weekend which resulted in a £1400 shop pick up, although only about 400 was profit. My accounts previously limited off arbing too. It's good fun and smart to be honest, although requires patience when nothing comes up for a while. My 365 accounts generally restricted to max wins of £50 on daily 4/1 offers, sometimes a bit more closer to the off on bigger channel 4 meetings. I don't get the in play offer off 365 either. The dogs offer was brilliant when I could get on that. Generally I make a few hundred a week on average and about 500 on a good weekend. Shouldn't really lose much either if discipline is kept. Used to have about 4k in various accounts but don't need as much now I'm severley restricted. It's not for everyone as some people just don't have the head for numbers, balls/bank balance to do it and can't understand lay betting. Edited December 1, 2015 by Latino Lover 0 Quote Link to comment Share on other sites More sharing options...
Father Dougal McGuire Posted December 2, 2015 Share Posted December 2, 2015 Been doing this for a few years. Accounts almost all fucked now so regular shop trips for double delight/sharp shooter football offers are the norm. I know nothing about horses either and do ok on that, ditto rugby and the hills offer in the recent World Cup was a total gift. I spend a fair bit of tine on it and have to gave wifi in house switched off on my phone to avoid being quickly shut down on second accounts etc. Got three sharp shooters and a dd last weekend which resulted in a £1400 shop pick up, although only about 400 was profit. My accounts previously limited off arbing too. It's good fun and smart to be honest, although requires patience when nothing comes up for a while. My 365 accounts generally restricted to max wins of £50 on daily 4/1 offers, sometimes a bit more closer to the off on bigger channel 4 meetings. I don't get the in play offer off 365 either. The dogs offer was brilliant when I could get on that. Generally I make a few hundred a week on average and about 500 on a good weekend. Shouldn't really lose much either if discipline is kept. Used to have about 4k in various accounts but don't need as much now I'm severley restricted. It's not for everyone as some people just don't have the head for numbers, balls/bank balance to do it and can't understand lay betting. How do you manage to get so many accounts? I'm restricted by the majority of bookmakers now so use my girlfriends details on a few but after that I'll be struggling 0 Quote Link to comment Share on other sites More sharing options...
bogsideloyal Posted December 2, 2015 Share Posted December 2, 2015 Do betfred and ladbrokes do their double delight and sharp shooters offers in stores? 0 Quote Link to comment Share on other sites More sharing options...
Latino Lover Posted December 2, 2015 Share Posted December 2, 2015 Yeah the ladbrokes one is only recently available in shops. Better in many ways as can back several players if value. Also not unknown to go over a major NE city with double figures of bookies before major offers. 0 Quote Link to comment Share on other sites More sharing options...
Latino Lover Posted December 2, 2015 Share Posted December 2, 2015 I don't have Many accounts the most I've ever got with a bookie is two in different names. 0 Quote Link to comment Share on other sites More sharing options...
DarkBlue62 Posted December 2, 2015 Share Posted December 2, 2015 See for multiple accounts, do you need a different bank account / bank card to use for each one? Or just a different name and address? 0 Quote Link to comment Share on other sites More sharing options...
Latino Lover Posted December 2, 2015 Share Posted December 2, 2015 Different everything generally. It's annoying all my years mug punting on roulette/blackjack/ top trumps didnt ensue my accounts stayed open later, they're happy for me to keep playing games however . . . 0 Quote Link to comment Share on other sites More sharing options...
BinoBalls Posted December 2, 2015 Share Posted December 2, 2015 See for multiple accounts, do you need a different bank account / bank card to use for each one? Or just a different name and address? There is no set standard and each bookie will be different. A friend of mine just kept getting a different current account opened and every time Paddy Power shut him down, he opened a new current account and started again. Each time it lasted a few months before the culled him for only betting on certain events. Bet365 - I have survived literally years with them and can only suggest it's because I only do their channel 4 races (high turnover for them so they are less bothered). If you start doing their random daily offers or their greyhound offers then they might say enoughs enough. But some bookmakers are much more strict. They can link accounts by your address, IP address etc. Who knows what they each do. The more you can change the better. William Hill are doing a great offer this month. Money back as a free bet if your horse finishes 2nd. 6 races a day, every day in December. Well worth a go if no one has done this before. Wait till 5-10 minutes before the race starts for the best chance of getting a close match on betfair. e.g. Back horse for £25 at William Hill for odds of 2.75 then lay at betfair for 2.85. If it wins or comes 3rd 4th 5th etc then you make a small loss. But if it comes second then you have a £25 free bet. Note you don't keep the stake on a free bet, which means when it comes to spending you're free bet, you're better off backing something at 4/1 or above in order to maximise the most value. I usually "trade out" the free bet on betfair so a free bet of £25 ends up having a typical cash value of about £18. 0 Quote Link to comment Share on other sites More sharing options...
Latino Lover Posted December 3, 2015 Share Posted December 3, 2015 I think matches Bettings better than arbing, more profit generally off less money. Also less likely to lose accounts. 0 Quote Link to comment Share on other sites More sharing options...
Boostin' Kev Posted December 3, 2015 Author Share Posted December 3, 2015 Did the first 2 offers on the free sign up on Profit Accumulator website and made about £35 and used £23 of that to pay for a platinum membership for a month. Tomorrow will end my first week and I'll be up around £100 which is not bad as I'm still learning. Been reading up a bit about accounts getting restricted and will start making some mug bets like £2 accys on the football or betting a fiver on a favourite horse and laying it on an exchange. I generally tend to back/lay horses so it's almost always the lay that makes the money so the bookies are probably glad of my business. 0 Quote Link to comment Share on other sites More sharing options...
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