Mr Fire and I decided to really give Matched Betting a chance and so we got to work last week, He’s going to be doing it after work and at weekends when he was able and I will be dabbling throughout the week. I thought it might be useful to log it each week so I can learn from my mistakes (of which there are many!) I wont be able to be as precise with Mr Fires bets as he doesn’t even log them on a spreadsheet yet.
Here is how my my last two weeks looked:
|8th Feb||Bet Type||Profit||Bookie||Exchange||Notes|
|Free spins||0.62||Betfair Casino||N/A|
Not too shabby for my first day! No real problems and I only checked the oddsmonkey oddsmatcher a few times! Got some free sins on the casino too which was nice.
|9th Feb||Bet Type||Profit||Bookie||Exchange||Notes|
I was projected to make £6.99 from this bet but my bet was sent to a “bet handler” and then denied so I was sure I was gubbed 🙁
Big break as half term happened so we had some random days out walking in the country, going to the farm ect…
|14th Feb||Bet Type||Profit||Bookie||Exchange||Notes|
|Bet Club Qualify||-2.43||Coral||Smarkets||Bet twice 🙁|
This is where the silly mistakes started! I assumed I was gubbed from coral and so when it accepted my first £25 bet for the bet club, i refused to believe it and bet it again so I doubled my QL 🙁 live and learn I guess.
The mistakes began again unfortunately. I failed to check there was enough liability in my bet so I had to try and negate my losses by splitting the lay out over different odds. The to top that off the bet was voided after being reduced heavily!
Next mistake of the day was to lay at exchange before the bookies and there was a restrict on how much you could bet so I ended up making a loss on it. Mr Fire had to talk me through how to bet on the exchange to negate my losses. I was really fed up with Matched Betting at this point especially since even after all the tracking of my money in a spreadsheet I still seem to be short £153. I have no clue where its gone so I will probably take a day next weekend to let all my bets settle and see if I can track it down.
|15th Feb||Bet Type||Profit||Bookie||Exchange||Notes|
Easier day today with no big mistakes!
|16th Feb||Bet Type||Profit||Bookie||Exchange|
Had a lucky escape as I was about to put £100 down on Coral when I noticed my free bet was there. I decided to use that instead which was good as once I placed my bet on coral both exchanges emptied out the markets and I was unable to lay it. I lost my free bet and the £2.48 Qualifying but it could have been ALOT worse. Also found out I’m gubbed at Sporting Bet now so I can only bet for winnings of £40……
|17th Feb||Bet Type||Profit||Bookie||Exchange|
Day started off rocky and my exchange lay was only partially matched. Mr Fire convinced me to sit tight and luckily after a few hours it was matched! He had a slight hiccup but saved it with his weird extensive knowledge of math and excel!
|18th Feb||Bet Type||Profit||Bookie||Exchange|
Another quiet day but no major problems so I’m happy.
I didn’t do any Matched Betting yesterday as I got myself all obsessed with knowing where my money is! I don’t have a dedicated bank account for MB so its hard to track and I’m a total control freak. I was also licking my wounds after being gubbed from several places!
I’m thinking of opening up a new bank account and setting up new MB accounts. Does anyone have any tips for not getting gubbed?
My total Profit from MB was £42.16 and Mr Fire’s was £40 which he got in one weekend!
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