[Misc] Any "Profit Squadders" Made Their First Million Yet?

[Uh_huh_him]

Profit Accumulator has a fantastic forum. I spend as much time on that as I do NSC nowadays, but their tools aren’t as good as Odds Monkey (allegedly - they’re still good but there’s a standing joke about a golf odds checker). I believe many people subscribe to both.

The forum is full of experienced matched bettors giving helpful advice and you can set alerts for the threads where people share new boosts. Each offer tends to have its own thread where people post the best matches they’ve found, etc.

I’ve been happy to pay PA my subscription as it does a lot of the legwork for you.

I'll take a look.

The only thing that has kept me at PS is the people on the forum.

 

[KZNSeagull]

Profit Squad had a tidy up about a year ago where they removed loads of old subscriptions during which they removed mine in error. They said I should just rejoin but when I tried they had put the monthly price up, so I didn't bother. I am still doing it where I can but lost my accounts with Bet365 and William Hill recently, so the opportunities are not so good. There are still things that can be done like extra place races etc but I joined a horse racing stats site a while ago and am developing systems using that, which is good fun and they are doing ok. Overall, I am up 18.5k since June 2017, so not bad.

 

[Billy Seagull]

The online bookies are getting more and more risk averse these days and the amounts that can be gained through gambling have fallen through the floor in lockdown. As well as my own gubbing and that of multiple accounts for other people I've heard plenty of my fellow professionals also saying that it's getting harder and harder to get a good few quid off them. Know your customer checks are getting worse and worse and basically used to stalk people on social media to see who they are friends with. Lose a few quid and they bombard you with responsible gambling stuff, win a few quid and it's goodbye. Damned if you do, damned if you don't.

They are just driving it underground which will happen further if the Gambling Commission bring in a ridiculous limit of losing a ton a week !!

The sooner the shops open the better although that's hard work in itself going from shop to shop trying to stay under the radar.

 

[R. Slicker]

I rate Oddsmonkey quite highly, with their oddsmatcher, laying is easy.
I've made a good few quid and would have made a lot more if I didn't have a penchant for slots (low stakes and only out of money already won, but still dangerous).
Being stake restricted by Skybet was a real blow but still make a bit with Paddy and 365.
I lurk with around a grand in my Smarkets but did manage to pay for a Vegas trip with profits a couple of years ago.

 

[Kazenga <3]

I think the path to real riches is multi-accounting.

If you can attack each offer 15, 20 or even more times then your profits are going to significant. And even if you don't attack each offer with every account, you're able to spread the bets around a lot more which will assist with account longevity.

I think my single biggest "win" was c£1,200 EWD on a Cheltenham race. There's no reason why someone with multiple accounts couldn't have done the same thing with each set of accounts, winning £10k or £20k or whatever.

Yep. I used to do this at Uni back in the days of the Bet365 bet £200 get £200 sign up offer. Would pay people who don't have accounts (usually girls) £20 to open an account for me and then do the rest. From memory it was normally about £120 guaranteed profit for me per account. Not astronomical by any means but a few thousand pounds went an awful long way back then.

The biggest issue was trust. It's nervy when using a third party you don't know well enough to trust implicitly. Was forever trying to ensure the winning bet paid into the exchange account to avoid the awkwardness of having to ask them to send over what was often a significant three figure sum, and then explain the vast majority of that is hedged money and not profit. If one person had decided to screw me over could've easily undone 6 or 7 accounts worth of work.

Haven't bothered with personal matched betting for years. Got scared off a little after a nervous week or two waiting for (I think Betsafe) to approve my account for withdrawals having had a silly run of rollover bets all winning into that account rather than the exchange. I think it was something like £2500 in the Betsafe account after 4 bets with an initial deposit of £200. At that point I didn't have the cashflow to continue hedging it until it won into the exchange. If they'd suspended my account it probably would've been a £2,250 overall loss.

 

[Wrong-Direction]

I got board after making a few hundred quid and blew it all on more exciting bets, that's what true gambling is about.

Sent from my SM-A600FN using Tapatalk

 

[mune ni kamome]

I made about £1500 over about 18months but it does become time consuming and a little boring after a while. Eventually the big bookmakers stopped making offers to me and I haven’t done it for a while now. Still it was well worth doing. I could never make the Acca spreadsheets work on my iPad which probably stopped me making larger profits

 

[Weststander]

Reckon in the year or two to come, shares are where it's at. All that covid 'pent-up demand' is just sitting poised in the pipeline. Brewery shares, airline shares...

Genuinely, that’s a valid point. It’s happened already eg a friend made £6-figures by buying a load of equities last March and April after everyone had piled out.

Life including leisure, eating out and travel will get back to near normal.

 

[sully]

Any &quot;Profit Squadders&quot; Made Their First Million Yet?

Edited. Ignore me. Being a tit.

 

[Weststander]

I did a fair bit of matched betting between 2017-2019 but only using small sums as I didn't have much 'money in the bank' to use. The bet365 champions league offers and grand national offers were the best at the time but I don't see those anymore. Nowadays it seems mostly you either lose 50p or win £3 and you make your money by doing many of these smaller bets throughout the day using a multitude of bookies.

I stopped doing it as I was looking to get a mortgage and had heard that lots of money going in and out to bookies would not look good (not sure if this is true or not), even though it was all risk-free. I didn't have enough spare cash to keep both a bookies and exchange topped up so kept needing to transfer between them depending on which side of the bet won.

You can see why services such as profit accumulator etc exist as they have probably found it it was more profitable to sell the concept than actually use it themselves after a few years.

Exactly.

 

[Weststander]

I have given up now and haven't continued with my subscription. No offers of any significance anymore with bookmakers, I can't be bothered for £3.75 profit a go a few times a week. Very happy that I made £14k during the three years I did it for and I'm not interested in the high risk casino stuff.

It was great when I was getting the £50 Bet 365 offer on each account which guaranteed £70 profit each time, now they give me £5 on one account and nothing on the other.

I was late to the MB party. My suspicion was that many of the NSC’ers who made large MB gains, had done in that lucrative Bet365 era.

 

[Harry Wilson's tackle]

i reckon i have given the bookies well over 100k in my life ......it's a mugs game , football , cricket , rugby is the way forward .....racing is dodgy as.

I have two questions.

1. What made you think racing's a mug's game?

2. How about investing in a madcap scheme of mine?

 

[R. Slicker]

I was late to the MB party. My suspicion was that many of the NSC’ers who made large MB gains, had done in that lucrative Bet365 era.

Bet365 still come up with a bet £50, get a £50 free bet in play quite often. Usually a £35 - £40 profit each time.

 

[jordanseagull]

Profit Squad had a tidy up about a year ago where they removed loads of old subscriptions during which they removed mine in error. They said I should just rejoin but when I tried they had put the monthly price up, so I didn't bother. I am still doing it where I can but lost my accounts with Bet365 and William Hill recently, so the opportunities are not so good. There are still things that can be done like extra place races etc but I joined a horse racing stats site a while ago and am developing systems using that, which is good fun and they are doing ok. Overall, I am up 18.5k since June 2017, so not bad.

Which stats site if you don't mind me asking?

 

[KZNSeagull]

Which stats site if you don't mind me asking?

Race Advisor

 

[Gazwag]

I was late to the MB party. My suspicion was that many of the NSC’ers who made large MB gains, had done in that lucrative Bet365 era.

Mine was half and half between sports and casinos. There were some great casino loopholes especially icy wilds on dunder but these are all closed now.

 

[Gazwag]

Bet365 still come up with a bet £50, get a £50 free bet in play quite often. Usually a £35 - £40 profit each time.

I only ever get £5 now which is a shame as they are coming up more this season than before

 

[sully]

Mine was half and half between sports and casinos. There were some great casino loopholes especially icy wilds on dunder but these are all closed now.

Still happens from time to time. 888 did an offer on the Champions league where they just kept issuing free bets. I was using 2 per game in the end as there wasn’t enough going on to keep using them all!

 

[R. Slicker]

Everton v Spurs. A classic Bet365 2 up game.
I got paid out on 365 when Everton went 3-1 up, cashed out on the exchange when Spurs made it 3 - 2 for £40 profit. Would have made more if I had hung on and Spurs get the draw.

 

[Iford Albion]

Reckon in the year or two to come, shares are where it's at. All that covid 'pent-up demand' is just sitting poised in the pipeline. Brewery shares, airline shares...

Funeral directors and rodent control firms in the meantime. Fill your boots on the pandemic share dealing opportunities available. Dull stuff.