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| No Better Time To Get The
Advantage Over Bookmakers |
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There has never been a
better time than this to take on the bookies at their own game, not least
because the environment will toughen up over the coming months and years, and
because you can do it with little knowledge of sports betting. All you need is
a bit of spare cash, a debit card and as much common sense as you can get hold
of. That's the difficult part.
Right now is the time of maximum
saturation of the bookmaker market, a situation that stems from the United
Kingdom's unique position of having the most respected gambling licensing
authority, a wealthy society that has a high affinity with placing bets and the
largest network of gambling sponsored sports that are broadcast to the world.
Its not going to get better than this. And all this has pushed bookmakers to
offer all manor of incentives to gain new customers and keep existing ones,
known as customer retention.
Furthermore the first big race meeting of
the year is just around the corner, to be followed by many others through the
year, where even more bonuses are on offer for the savvy punter. The are plenty
of great
Cheltenham
betting odds and tips for you the smart advantage player to take advantage
of, and this will occur over and over again through the spring and long summer
of festivals.
Matched
Betting
Much has been talked about this subject that makes it
sound more complicated than it is. Simply put it is about having two or more
bets on the same event such that the final result does not change the financial
outcome for you. For example betting both teams in a football match to win as
well as the draw, only with different
bookmakers. The point of the process is to qualify for the free bonuses
offered that depend on you simply having bets of a certain value. So match
result will be level and your bonus gain is 100%.
Advanced Matched Betting
With the
advent of new ventures like Betconnect anybody can join up and take advantage
of betting with somebody else's money in multiple ways. This works with sports
bettors requesting bets on an event at a particular price. You can chose to
accept or decline. So if you find the same bet at a bookmaker or exchange at a
higher price then you can have a risk free bet, because you are betting with
the originator's money, by taking the difference between the two prices as a
free bet for yourself. Even more than this you can place the bet at the same
odds and just take advantage of the bonuses offered by the bookmaker. These
include the matched betting bonuses from before but also in horse racing you
often get both Best Odds Guaranteed (BOG) and First Past The Post (or DR for
Double Result).
Best Odds Guaranteed is where the bookmaker promises to
pay the SP odds if they are greater than the odds you took on the bet. This
occurs more commonly with short priced horses than you think and its a no risk
proposition because its not your money.
Arbitraging
There are plenty of bonus abuse
forums out there to gleam extra information from and they focus a lot of
attention on automated matched betting, or using software bots to place bets
for you around the clock if you want. More interesting is the ability to
arbitrage, that is take advantage of two prices for opposite outcomes that give
you a guaranteed win whatever the result. This mostly involves using betting
exchanges as well as bookmakers so that you can bet fixed odds on a win (or
place) result and the lay (take a bet from someone) the same bet at lower odds.
Each win is likely to be a small percentage of the overall bet but the risks
are very low.
Arbing on win bets is a simple task to comput in your head but
when it comes to each-way bets things get markedly more complicated. However
there are again software products available that highlight market
inconsistencies and calculate the bet sizes you must place in order to cover
yourself in the event of every possible outcome. Its hard work with many hours
to be put in but its all tax free money and you can set the bots to work for
you in your absence, if you have that level of trust.
Selling Your Identity
If you are keen
to make money from bonus offer manipulation but you do not have the time to do
the ground work, which can be extensive, a little google search will show you
opportunities presented by seemingly genuine businesses that offer to pay you
for your identity details so that they can actively go after bonuses in your
name. Whilst this is a much easier path to collecting money from bookmakers and
casinos, the act of exchanging your personal details for a few hundred pounds
is obviously risky. Even though some of these companies have websites and are
trading as registered companies this in no way protects you from identity
fraud. We can not recommend this as a way forward.
Be aware of the risks
As with
everything there are no 100% guarantees. Matched betting can go wrong when you
have one half of a bet on but the price moves and you can't get the other side
on. Its rare and you can go ahead and the place the bet at a lower price to
minimise the loss, but it still happens.
When betting on exchanges there
will be different adjustments to prices if there is a horse withdrawn from the
race in comparison to bookmakers who may or may not deploy a Rule 4 ruling. In
the case where you are placing bets for others then you may not win as much on
the exchange bet as you need to pay out on the fixed odds bet. Again this is
rare and differences are small.
Security is King
At all times be sure that you
are dealing with licensed operators, those that show a link to their
United Kingdom Gambling Commission license on their homepage.
If you can't see it and click on it, don't bother. |
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