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

[sydney]

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...

well , airlines ...?? how many more hoops are they going to make us jump through before we can travel again .....breweries ....?? will we be discouraged from drinking and how many pubs will be down the gurggler ..?? i'm not cutting you off mate , cryptos are insane atm but i don't grasp the fundamentals so cant get involved ....renewables , lithium , copper , gold , rhodium...wtf who knows...

 

[Weststander]

Luck or patience ?

genuine question, I'm guessing to make it pay you need to be fully focused and on top of it all the time.

No matter what anyone says, MB'ing takes time. Rush it and mistakes will be made. Plus you must timetable future dates where offer's or free bets must be used up ..... x multiple bookies.

I stand to be corrected, but I think from pm's with NSC successful matched bettors, this is how they made much of their 5-figure returns:

1. Some have multiple bookies accounts in family members names, hidden through a VPN. So if there's a decent opportunity, they're able to take it 4 times.

2. Some of the grand profits were made in the days of the Bet365 offers heyday, remember the dedicated NSC thread on the matter. For example on lucrative in-play offers during World Cups and Euros, people did really well. I was too late to the party

 

[SuperBrighton]

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.

 

[WATFORD zero]

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...

I think you're onto something there, immediately Supermarkets, Dutch warehousing, tattoo removal parlours spring to mind and longer term, restaurant chains, travel companies

From the outside, this whole MB thing looks to take a lot of organisation, time and hassle both for the running of it and to hide what you are up to from the industry. It also seems to take any enjoyment out of betting, in order to return an hourly rate which isn't going to make a fortune

 

[Tom Hark Preston Park]

well , airlines ...?? how many more hoops are they going to make us jump through before we can travel again .....breweries ....?? will we be discouraged from drinking and how many pubs will be down the gurggler ..?? i'm not cutting you off mate , cryptos are insane atm but i don't grasp the fundamentals so cant get involved ....renewables , lithium , copper , gold , rhodium...wtf who knows...

For sure mate. But this shit won't last forever. Who doesn't want to TRAVEL? Who doesn't want to DRINK? Easyjet, Qantas, TUI, Wetherspoons, Greene King. All these companies, and many more like them, are just GAGGING to be let off the leash!

 

[zefarelly]

I think I'll stick to cars guitars and scooters. not hugely profitable, but a good way of saving and better than putting it in the bank. Also you get some use/fun from them.

 

[Eeyore]

I think I made £400-500 early on but then the offers got a little complicated for not a lot of return.

My favourite was a risk free bet on roulette in 2017. My numbers came in and it paid for an away trip to Barnsley that I hadn't planned on going to.

 

[martin tyler]

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.

Not made quite as much as that dutching but had a few £700/£800 mark. There is definitely big money to win with multiple accounts but it is time consuming but doing it for a group of family and friends you could do very well.

 

[willalbion]

Same here. I think you need to be wired the right way to devote time to it. Made a few hundred ££, but realised I wasn't wired that way to be equally motivated and interested. If you applied yourself in the right way, can see that it can work, but I think you have to invest time in spreadsheets and accurate recording of each bet and matched bet and in the volume you need to make those to make some proper money, it's actually quite a lot of work.

It’s tonnes of work, I did it during the first lockdown, made a few quid but the time involved and the tedium meant it wasn’t for me.

 

[Seasidesage]

Made about a grand on the initial offers etc but as other said it became very time consuming.

 

[sully]

Any "Profit Squadders" Made Their First Million Yet?

I signed up with Profit Squad initially but my wife wasn’t convinced by it so I stopped.
About a year later, we planned a big holiday and needed to save money for it. I convinced her this time that it was risk free so signed up to Profit Accumulator.
In order to not ruin weekends and evenings with placing bets and reacting to events in games, I agreed to only place bets whilst working and not do offers like 2UP where you need to place bets in play. Working from home was already a big part of my job and was less nerve wracking than placing bets whilst on trains!
Anyway, I just dip in and out during the day - having had a browse at potential targets first thing - and have made £4600 so far in 18 months.
The holiday I was saving for got cancelled, so some of that has gone into shares, but I also have a decent amount spread around many bookie accounts so that I don’t have to withdraw or top up too often. I have a separate bank account for matched betting and no multi-accounting.
There’s a lot of idiots in the game now trying to make a quick buck without learning the ropes first - a product of COVID and hopefully short term. There’s also not many big offers about currently but I’m hopeful that the bookies will want everyone back when the economy opens up again and will be competitive at that time.
It’s not for everyone, but my job involves playing on Excel all day anyway, so I am able to minimise the time it takes me to operate and always have a running total of where my money is. Organisation and a mathematical brain are definitely good attributes for a matched bettor. Also, the ability to brush off the odd mistake or rectify them quickly.
It’s not gambling and I’ve never really been a gambler, so my only worries are whether the money ends up in the bookie account or the exchange.
Gubbings are part of the journey but not the end of the world. There’s plenty of bookies out there!

 

[sydney]

For sure mate. But this shit won't last forever. Who doesn't want to TRAVEL? Who doesn't want to DRINK? Easyjet, Qantas, TUI, Wetherspoons, Greene King. All these companies, and many more like them, are just GAGGING to be let off the leash!

i agree mate but they have to let the public off the leash to be able to earn and spend money , many companies are at breaking point , many pubs/restaurants will not re open. do the govbt give much of a fukk.....doesn't look like it , clueless mugs.

 

[Uh_huh_him]

Profit squad was really good when i first signed up, but a subsequent merger/buyout, saw some significant changes in the way the service was delivered.

Many of the regulars on Profit Squad recently cancelled their annual subscriptions following a spat between one of the regulars who had chosen to cancel his subscription and the management.
They didn't handle it particularly well, an chose to keep his annual subscription which auto renewed with out his knowledge.

If anyone is considering starting matched betting, I wouldn't recommend Profit Squad in their current guise, but there ar plenty of other companies to sign up with.

 

[Bakero]

Profit squad was really good when i first signed up, but a subsequent merger/buyout, saw some significant changes in the way the service was delivered.

Many of the regulars on Profit Squad recently cancelled their annual subscriptions following a spat between one of the regulars who had chosen to cancel his subscription and the management.
They didn't handle it particularly well, an chose to keep his annual subscription which auto renewed with out his knowledge.

If anyone is considering starting matched betting, I wouldn't recommend Profit Squad in their current guise, but there ar plenty of other companies to sign up with.

Which would you recommend?

 

[Jello]

Started in March 2017 currently made little over £23K with one set of accounts. Gubbed from most accounts with decent offers now so I just place small each way arbs on bet365 account. Max bet I place is £2ew, from initial £50 my account is now at £1100. May switch to oddsmonkey in March when my membership expires but may knock it on the head altogether. Without PS I wouldn't have invested in bitcoin, lost £1K through Cloudtoken but purchased £500 of BTC in March which I sold this week for £2800 profit

 

[Uh_huh_him]

Which would you recommend?

The thing PS did very well when I first signed up was communicating all of the offers available each day.
Making clear what the T&Cs mean and clarifying do's and don'ts for particular offers.

Matched betting ( who took over PS) are poor at this side of the service and the overall value of the service deteriorated quite quickly after they took over fully. Regularly failing to update the calendar with current offers. Even ones which recur each week.

I signed up for a free trial on Odds Monkey - they seem pretty good.
Profit accumulator also get good reviews - so I might see if they do a free week sign up and compare the two.

 

[Couldn't Be Hyypia]

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...

No-Lo is the way to go.

All the big brewers are sitting on large investment funds waiting to see which No or Low Alcohol producers emerge ahead of the pack. If you have shares in one of those.........

 

[sully]

Which would you recommend?

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.

 

[StonehamPark]

Made around 6-7k over a year of MB'ing.

Took lots of work and attention. Most of my accounts got gubbed in the end, and my last MB I lost 2k in one race. Completely my fault, I either backed/layed the wrong horse - and this was after a years' experience with no other mistakes.
Packed it in straight after that.

Wouldn't do it again to be honest.

 

[Gazwag]

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.