New Betting Loophole – Quick & Easy Money With Profit Squad

[sparx100]

Hi - just to be clear, your first bet can win OR lose, and the net result should be around a £0.20-0.50p loss.

Then you get the free bet, and again, can win OR lose, and the net result should be £12-15 profit. So overall you should be around £13-14 up if you used higher odds for the free bet. If your bets lose (and so you win at Betfair) this is ideal really! Better to have your money there, ready for the next one. Please confirm the bets you placed and I can happily check them for you
.

I think I must have made some mistake.
So I put £5 on this in Coral:

I then got my 4 x £5 free bets and went with a classic match....

I then stepped over to Betfair and layed on the Hartlepool game:

I think I mucked up with not going to Betfair and laying for the Gillingham match?. I am still up, but I am holding off on the william hill and betfred ones as I think I have mucked up....

 

[Dinghy]

I think I must have made some mistake.
So I put £5 on this in Coral: View attachment 26009

I then got my 4 x £5 free bets and went with a classic match....
View attachment 26010

I then stepped over to Betfair and layed on the Hartlepool game:

View attachment 26011

I think I mucked up with not going to Betfair and laying for the Gillingham match?. I am still up, but I am holding off on the william hill and betfred ones as I think I have mucked up....

Yeah. Should have laid the Gillingham match as well...

Looks like it was no major big deal though... Still £5.10 up

I fucked up on one earlier and used the reduced stake for a £25 bet... Instead of the freebet costing me about £0.70 it cost me £8!
Should still end up about £7 up but should have been £14-15 guaranteed...

 

[Rob]

Yep, you needed to lay the qualifying bet using "stake returned" which would have more or less protected your £5 deposit (minus a few pence).

You did the second half right and locked in a £10.10 profit but this will end up being only £5.10 as you messed the first bit up.

 

[Rob]

Yeah. Should have laid the Gillingham match as well...

Looks like it was no major big deal though... Still £5.10 up

I fucked up on one earlier and used the reduced stake for a £25 bet... Instead of the freebet costing me about £0.70 it cost me £8!
Should still end up about £7 up but should have been £14-15 guaranteed...

My golden rule when checking the calculator is to make sure I've ticked the correct box for stake (not) returned for this reason!

 

[sparx100]

Yep, you needed to lay the qualifying bet using "stake returned" which would have more or less protected your £5 deposit (minus a few pence).

You did the second half right and locked in a £10.10 profit but this will end up being only £5.10 as you messed the first bit up.

Yeah and having paid a fiver for access to the site, I will just say I am evens...doh.
Really want this to work out as it would be nice to have a few extra pennies into he bank each month but my head bloody hurts!!

 

[Profit Squad]

I think I mucked up with not going to Betfair and laying for the Gillingham match?. I am still up, but I am holding off on the william hill and betfred ones as I think I have mucked up....

Yes as Dinghy said, you should have layed all your bets. Golden rule is ALWAYS lay your bets. This is true for 99.9% of the time, anyway (unless you are dutching, because you're covering your risk a different way - but still covering your risk!)

So lessons to learn from your first bets:
- Always lay your bets
- Always follow the advise on the step-by-step guide / if in doubt, feel free to contact support we'll be happy to help
- When it comes to laying the free bets using the "stake not returned" setting, you ideally want to use higher odds. At least 3.5. The higher odds you use, the more of your free bet you convert to cash, basically.

Looks like you lost £5 then won £10.10, but in theory you should have only lost around 30p on the first bet, and then won around £13-15 on the free bets if used on higher odds.

But is it important that you missed out on a few quid? Hell no. You made a profit anyway, and learned some useful lessons. When you come to the next offer on the list, you'll now be that much wiser and hopefully make a decent profit. Keep doing that, and before long you'll be in a huge profit and the small hiccup you made here will be a distant memory.

Also, making a few mistakes while learning the ropes is almost a right of passage. No-one ever made it to the big bucks without doing 1 or 2 things like this, or backing a horse and laying the wrong horse, so both bets lose etc. this is something you need to remain positive and confident about that as long as you understand why something went wrong and can stop it happening again, then it's a lesson learned and you're 1 step closer to perfection!

 

[Dinghy]

Yeah and having paid a fiver for access to the site, I will just say I am evens...doh.
Really want this to work out as it would be nice to have a few extra pennies into he bank each month but my head bloody hurts!!

So you've not lost anything for a valuable lesson!

 

[sparx100]

Yes as Dinghy said, you should have layed all your bets. Golden rule is ALWAYS lay your bets. This is true for 99.9% of the time, anyway (unless you are dutching, because you're covering your risk a different way - but still covering your risk!)

So lessons to learn from your first bets:
- Always lay your bets
- Always follow the advise on the step-by-step guide / if in doubt, feel free to contact support we'll be happy to help
- When it comes to laying the free bets using the "stake not returned" setting, you ideally want to use higher odds. At least 3.5. The higher odds you use, the more of your free bet you convert to cash, basically.

Looks like you lost £5 then won £10.10, but in theory you should have only lost around 30p on the first bet, and then won around £13-15 on the free bets if used on higher odds.

But is it important that you missed out on a few quid? Hell no. You made a profit anyway, and learned some useful lessons. When you come to the next offer on the list, you'll now be that much wiser and hopefully make a decent profit. Keep doing that, and before long you'll be in a huge profit and the small hiccup you made here will be a distant memory.

Also, making a few mistakes while learning the ropes is almost a right of passage. No-one ever made it to the big bucks without doing 1 or 2 things like this, or backing a horse and laying the wrong horse, so both bets lose etc. this is something you need to remain positive and confident about that as long as you understand why something went wrong and can stop it happening again, then it's a lesson learned and you're 1 step closer to perfection!

Thanks for this. Really good support on this forum and you guys are doing a stand up job. I want to be really careful on the William Hill one as it is obviously more money and I don't want to lose that! So I will rematch the videos again and read through the advice!

 

[Dinghy]

Whilst @Profit Squad seems to be here...

I've now got £105 winnings in my BetFred account. Would you suggest withdrawing that or leave it there if I don't need it immediately?

 

[felmani26]

£45.95 so far taking into account the free bets in Bet Fred and Ladbrokes and also the qualifying bets in Totesport and BetMcClean which is a further £25 free bet each I can lock profit in for.

That being said, I'm most intrigued about NCO's on the casino offers which after i've whittled through the sports betting offers i'll be looking forward to tackling these.

 

[felmani26]

Whilst @Profit Squad seems to be here...

I've now got £105 winnings in my BetFred account. Would you suggest withdrawing that or leave it there if I don't need it immediately?

Personally I withdraw everything out of the bookies and leave the residual balance accumulating in the exchange.

 

[Rob]

At least 3.5. The higher odds you use, the more of your free bet you convert to cash, basically.

Do you know what the maths is for working out how high the high odds should be?

I'm fairly sure it's a diminishing return the higher the odds you go (so the difference between 6-1 and 50- isn't worth doing for example).

 

[Profit Squad]

Whilst @Profit Squad seems to be here...

I've now got £105 winnings in my BetFred account. Would you suggest withdrawing that or leave it there if I don't need it immediately?

Depends on the size of your funds! if you have lots of funds then I would leave it there ready for some calendar reload offers. But if you're using a 3-figure float the you're probably best pulling it out and redepositing it somewhere else

Do you know what the maths is for working out how high the high odds should be
I'm fairly sure it's a diminishing return the higher the odds you go (so the difference between 6-1 and 50- isn't worth doing for example).

We'd recommend sticking to single-digit odds most of the time, in the interests of appearing like a "mug" punter. If you got given a £25 free bet, you'd probably not stick it on some 40/1 longshot after all..

But yes there is a sweet spot. Play with some figures on the calculator (SNR) to see the difference it makes. There is a HUGE difference in profit between using odds around 2.0 and odds around 4.0, but not that big a difference between 8.0 and 10.0

If you're not limited by funds, I'd recommend mixing it up between 4.0 - 8.0 if you can find a good match on something fairly normal (eg. not a turkish division 2 correct score market!)

 

[bern]

Ive never done anything like this before but I`ll give it a bash tomorrow. Gawd help me!

 

[nailsy]

I've signed up and placed my first bets. Just a shame that I've got to wait until Thursday/Friday for the results.

 

[Rob]

Ive never done anything like this before but I`ll give it a bash tomorrow. Gawd help me!

Go slow, re-read everything several times and ask for help if you need it!

 

[bern]

Thanks Rob

 

[hughy]

I've signed up and placed my first bets. Just a shame that I've got to wait until Thursday/Friday for the results.

Exactly this, it's been a pretty slow week football wise to start. I've now used about 3 NCO's but I'm considering leaving a lot until next weekend to maximise my chances of finding better odds for the free bets.

@Profit Squad is it risky in terms of potentially having accounts shut down betting on unusual fixtures? For example I have a bet placed tonight on a Brazilian League 2 match. It's a low money bet at the moment, but as funds increase would you advise not betting big money on these unusual games so it doesn't look suspicious? Or does it really not matter?

 

[haxman]

Nice stress free €21 profit from the William Hill free bet and another one from Betfred to come. This is much better than the hit and lately miss tipsters I've been following.

 

[mark87]

Played a bit of Blackjack using the perfect blackjack method, after about half an hour playing with a fiver I stopped at 50p up, never got above £9.50.

Up about £40 using the NCO's though, so I'm happy with that.