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Matched Betting Explained
Sports Arbitrage World – TraderZone
Video Transcript and Links
Hello again and welcome to the third video in the sports arbitrage guide fast track. Hopefully by now your money has reached your Moneybookers account and you are ready to start depositing at bookmakers. Now for a quick overview, what I’m going to tell you to do in this video, is to register at another four bookmakers, to find all of the available freebets in all of the bookmakers you are registered at, to deposit and claim those freebets, match-bet those freebets out, and then continue to casually arb until the next video. Now, if you are unfamiliar with matched betting, then have a look below the video at the links and you will find resources on the subject so you can read up on it.
So, with all that being said, your first step it is to register at another four bookmakers. Now this is no different to the last two videos, so find the link to CompareBookmakers.com down below, open it up in a new tab, and then open up all four of the bookmakers listed there. Just like the last two times, make sure you take your time to try and find any of their bonuses and freebets, find the terms and conditions for those bonuses and make note of any of the special points of consideration in your excel spreadsheet.
By this point you should be registered at 13 different bookmakers. Hopefully they have a few Stake-Non-Refunded freebets between them, because what we want to do is deposit at those bookmakers. You want to deposit as much as you can afford to to claim the entire bonus…maybe plus a little more if you have enough capital.
As soon as you have a few bookmakers funded in this style and you have been credited with your freebets, then you should be scanning for good matched betting opportunities to roll those freebets out – that is, you will be turning your pretend “betting token money” into real money that you can withdraw. If you are still unsure how this works, then you should definitely have a look at the links below under “Matched Betting Explained” and read through it.
A point worth mentioning about your freebets is that some freebets are based on your first deposit, while others are based on your first bet. The first deposit freebets are easy – you can match bet them out immediately. However, the first bet ones will require you to wait until an arb comes up with that book so that you can place a safe bet, in order to be credited with your freebet. So be patient and wait for the arb to come – just make sure you place a bet that is large enough to be given the full bonus!
So that is the activity that will keep you busy until the next fast track email arrives. However, before you start looking for your matched bets, you might as well activate another arbitrage alert service free trial. There is a link below to an alert service that offers a free trial, so if you activate them – you’ve still got the old arbitrage alert service free trial running – and with a few funded bookmakers you might find yourself actually able to place a few arbs. Now if this does happen, I can’t emphasise enough how much you should not rush the process. You are still very new to this, and this may be the fast track to getting started, but it is not the fast track to making a mistake. Don’t rush the arb placing process. Arbitrage alert services are not guaranteed arb finders – they are arb indicators. They tell you where to look. They tell you where there might be an arb. None of them are perfect, and probably none of them ever will be. So whenever you get an indicator of an arb and you go and look for it, take your time to triple check everything. Make sure the arb is real. Make sure the odds are real. Make sure that the bets are complementary and cover all of the possible outcomes. It is always better to walk away from a possible error than it is to place it and lock in the mistake. It is always better to miss out on a real arb than it is to guarantee yourself a loss of many hundreds of dollars. So I can’t emphasise that enough. Don’t rush it, take your time, and just don’t take any risks. At this stage of the game, your risks are too high. So just take everything slowly. What you’ve got to focus on, until the next video, is placing the freebets. Matched betting. Get the free money out of the bookmakers while you can and just keep paper trading. Keep taking your time, looking for the arbs, and getting a handle on how it all works.
That’s all for this video, I’ll see you next time.
