Making A Million From Sports Betting And Trading – May 2021 Results

Making A Million

April was a return to reality with a small profit of £770 being made.

The on going total before this month stood at £112,230 after 49 months.

Let’s take a look at how things went in month 50.

Value Betting, Matched Betting And Arbitrage 

Like most months this is pretty much 95% value betting at this point.

A late surge of profit came from a few bigger priced horses winning.

Was expecting a few Bet365 In-play £50 offers with both the all English Champions League and Man Utd reaching the Europa League.

However surprisingly there wasn’t one.

Sad to see one of the last really good matched betting offers disappear.

Value Betting May

In May there were 275 bets.

A total profit of £824 was made.

Learn About Matched Betting And Value Betting Below

Matched Betting Guide

Value Betting Guide

 

Advantage Play – Casino Offers

It was a poor month on casino offers.

There are still offers around but they tend to be much smaller EV then last year.

You can still grind £20 an hour in EV from the free spins stuff over multiple accounts.

But to be honest I just don’t want to spend that time in front of the computer anymore.

Would rather spend that time in other areas.

Making A Million Betting

There were 75 offers completed in May

A total loss of -£4 was made

Sports Betting Results

After taking a bit of beating last month.

It felt good to book in a profitable month of mma betting.

Things weren’t looking great in the middle of the month.

On the Chandler vs Oliveira card every single bet I made was a losing one.

The next week saw six winning bets in a row.

Funny how betting works sometimes.

MMA betting results

 

During May I made a total of 16 bets.

A total profit of £503 was made.

 

In-Play Football Betting And Trading

This is a new addition to the portfolio.

It is a method that I have used in the past but decided to put more focus on during May.

Inplay Football Betting

Stakes used ranged from £100 to £300 depending on the odds ranges.

The first month went really well but obviously its a very small sample size.

I watched every game live.

Some selections were left as straight bets, others I traded out of depending what was happening in the game.

Won’t really say to too much about this at the moment.

Will see how results go over the next few months.

A profit of £1112 was made from 25 bets/trades.

(To show that I not just making shit up. Added the video above for some transparency. Doesn’t add up to £1112 exactly as there are a few other football bets and trades.)

Free Tipster Experiment

On to the tipster side of things.

This is an area where I put in a lot more volume this month.

The idea is to take the best free tips available from a number of different sources and see if its profitable long term.

Staking is very simple, I look to win around £50 for each selection.

Only 25 tips in May.

A profit of £161 was made.

The free tipsters I follow are mainly from the smart betting club’s roster of free tipsters.

Along with

Nigel Seeley – Twitter, Trademate Podcast.

George Gamble – Twitter, Trademate Podcast.

Mark O,Haire – Twitter, Matchbook Podcast.

Neil Macdonald Results

This month I finished writing a review for Neil Macdonald’s service which is worth a read if you are not familiar with his service.

CLICK HERE TO READ THE REVIEW

It was a good start to the month for Neil but a bad run at the end meant I ended up with a loss.

There are a few missed bets on my part.

He had bets on Man City and Chelsea for the Champions League. Which I already had positions on before joining his service.

Then there were a few team totals bets that I didn’t get matched for on Betfair.

In May I made 19 bets.

A total loss of -£59 was made.

Horse Racing Tipsters

Another new addition this month has been a group of horse racing tipsters that I have been following.

The three horse racing tipsters I started following last month are.

Quentin Franks Racing (Click Here For Our Review)

Kieran Ward Value Service (Free Smart Betting Club Tipster)

Betting Man Multiples (Free Smart Betting Club Tipster)

I have been betting all selections using the exchanges.

Quentin Franks selection I have been taking tips on horses odds above 5.0, the betting man multiples tips I have been placing as single selections.

Wasn’t the best start using these horse racing tipsters.

However writing this a few days in June, a profit has now been made.

Stakes range from £10 to £20.

Only taking odds close to or above the advised prices.

(For example if a horse is tipped at 10.0 I would take no lower 9.4)

Interested to see whether this exchange only approach will work.

A loss of -£158 was made from horse racing tipsters

Trading 

Had some decent trades this month.

The Saul Alvarez vs Billy Joe Saunders was a really good one to trade.

Saunders odds were hovering around 6.0 for a while in the days leading up to the fight.

This was a good opportunity scalp 6.0-6.2.

Making A Million

Also ended up trading the champions league final on Betfair which went pretty well.

Going to stick up a video for this on Youtube with the reasoning behind it.

 

Results For May

Value Betting, Arbitrage, Matched Betting –

£824

Advantage Play – Casino Offers

-£4

Trading

£146

Sports Betting

£503

In-Play Football Betting/Trading

£1112

Neil Macdonald

-£59

Free Tipster Experiment

£161

Horse Racing Tipsters

-£158

Total Made In May

£2525

Overall Profit Since The Challenge Began

£114,755

Remaining Target

£885,245

Thoughts Going Forward

It was good to get back on track this month with a decent profit.

Euro 2020 or Euro 2021?

Starts in a week which means there should be plenty of opportunities to make money coming up.

Betting/Trading Service

After exchanging a few emails and twitter message with a few people. It does seem like there would be a few people interested in a service covering the majority of what I do.

The main focus would be on.

  • MMA/Boxing Tips
  • In-Play Football Betting/Trading
  • Value Betting Area
  • Casino Offers Area

Will have a look to see if something like that would be viable to run, probably on Telegram.

Running this blog for a few years and reviewing plenty of other services.

I do think that I could produce something that would offer a lot of value. Make a long term profit and allow members to make at least a decent second income from it.

It would be a paid service around £25-£30 a month.

(Attached below are my mma and football betting results for people that would be interested.)

Betting Results

For members of the mailing list I will send something concrete out in the next few weeks. You can email me at [email protected] if you are not on the mailing list and would be interested.

Been a long update but if you made it this far thanks for reading, I will be back with an update next month.

Services Used

In this section is a list of the services that I have used this month. To be transparent I do have affiliate deals with these services.

Which means should you subscribe to them through a link on this site I will receive a commission.

This does not come at any additional cost to you. In fact with some of these services I have negotiated discounted prices for readers of smartsportstrader.com.

Recommended For Matched Betting/ Value Betting/ Arbitrage

Oddsmonkey Matched Betting And Arbitrage Software (Click Here For A Free Trial)

Subscription Cost – £12.50 a month (Annual Subscription)

If you comment “Smart Sports Trader” in the chat when you sign up for a Trademate Sports trial. You will get an extended two week trial and also a 10% discount off your first month.

Trademate Sports Value Betting Software –  Click Here For A Two Week Trial

Subscription Cost – £105 a month (Monthly)

Recommended For Exploiting Casino Offers

(Readers of smartsportstrader.com can get the first month half price using the link below)

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month  (Annual Subscription)

 

 

 

 

How To Bet With Pinnacle Sports From The UK 2024

Asian Odds Software

Pinnacle Sports are one of the most well respected bookmakers in the world.

Established in 1998. Pinnacle sports are known around the world for their policy of allowing winning sports bettors to continue betting at Pinnacle without the worry of limitations.

This makes Pinnacle an ideal place to bet for the professional bettor.

Bookmaker limitations are pretty common today which is why many UK based bettors are looking for a way to bet with Pinnacle.

How to bet with Pinnacle Sports from the UK?

Pinnacle Sports Blocked

If you access the Pinnacle site from within the United Kingdom and try to create an account you will be greeted with this message.

Using A Bet Broker

Pinnacle left the UK betting market in 2014 due to an increase in betting taxes.

Although there had been talk of a return. It was thought that the increase in tax meant that Pinnacle’s business model wouldn’t work.

The only option for UK based bettors looking to bet with Pinnacle in 2024 is to use a betting broker.

Bet at Pinnacle From The Uk

What is a bet broker?

A Bet Broker acts as a middleman between the client and a bookmaker.

Bet brokers are fairly common in Asia.

Many professional bettors choose to bet with a Bet Broker as they are unable to bet with most European bookmakers due to limitations.

What Is The Best Broker?

The Bet Broker that I use to access Pinnacle and other Asian bookmakers over the last few years is Asian Connect.

Bookmaker limitations was established in 2002 and is licensed in the Netherlands.

Through Asian Connect you can get access to accounts with multiple bookmakers.

  • Pinnacle
  • Singbet
  • PS3838
  • Orbit Exchange
  • Maxbet

The stand out service in my opinion however is the Asian Odds platform.

Asian Odds Software

Asian Odds give you access to the best odds on the Asian markets.

Alongside Pinnacle you will also get odds from Penta88 and 3ET.

You can see the maximum amount that you are allowed to bet with each bookmaker before the odds will change.

This is the service that I use the most with Asian Connect.

When liquidity is poor on Betfair or the market hasn’t even been released yet. I often find I am able to get money down on an Asian book using Asian Odds.

Sports You Can Bet On Using Asian Odds

There are multiple sports that you can bet on using Asian Odds.

How to bet with Pinnacle Sports from the UK

All of the above sports are available to bet on, with pre-match and also in-play odds available.

For me personally having access to early MMA odds is huge.

As liquidity on these early markets is pretty non existent on the exchanges.

So having access to the Pinnacle odds is great.

How Can I Open And Fund An Account?

Once you have signed up to Asian Connect.

You will get a access to a dashboard, where you can deposit, withdraw and transfer funds between between the different bookmakers available you.

Asian Connect WalletIf you are outside the UK deposits can be made via Bitcoin, Tether, Neteller, Skrill or Ecopayz.

Once you have chosen your deposit option. You can then choose which bookmaker you want to fund for example Singbet, Orbit or the Asian Odds platform.

Asian Connect PayPayment is pretty fast.

Normally it takes about 5-10 minutes for the money to be added to an account.

Funding an Account From The UK

Asian Connect recently changed the payment methods for funding an account if you are based in the UK. Currently you can only fund an account using three methods:

  • Bitcoin
  • TRC20
  • ERC20

(If you have a Skrill account which is registered outside the UK, you will also be able to deposit and withdraw with this method.)

Asian Connect Deposit Methods

 

Any Issues With Asian Connect

I used Asian Connect for a period of around 3 years and had no issues.

Personally I have have had no issues with the company. The reason I stopped using them was their switch to crypto currency only for deposit.

Verification was simple, I provided one form of ID and one form of proof of address.

Depositing money and withdrawing has been no problem.

Sing BetOne issue I am aware of is with one of the bookmakers Asian Connect provide.

That bookmaker is Singbet, who have a reputation of voiding bets.

Because of this I would advise that you be wary of using Singbet.

Due to this issue arising the option to bet with Singbet using the Asian Odds software was removed by default.

Overall Asian Connect has an excellent reputation as one of the best Bet Brokers available.

It should be noted however that there is no protection of your funds. Should Asian Connect fold you would not have any legal means to recover funds.

Why Bet With Pinnacle Sports And Other Asian Bookmakers?

Sick of being limited by European bookmakers?

Want to see how much you can bet before odds are moved?

Generally want to bet somewhere where winners are not heavily penalized and only allowed to bet tiny amounts.

Then Asian Connect is an good option.

Click Here To Join Asian Connect and Get a 25% Bonus!


asianconnect88

(This article features affiliate links. This means that if you choose to make a purchase, I will earn a commission. This commission comes at no additional cost to you. I use or have used any product I review. If I recommend them it is because I believe they are helpful, useful and offer value to their customers. Please do not spend any money on these products unless you feel they will give you value or that they will help you achieve your goals.)

 

Bookmaker KYC Checks – What You Need To Know

KYC verified

How to pass bookmaker KYC and source of wealth checks.

In this article we are going to take a look at what you need to pass bookmaker know your customer and source of wealth checks.

Why do they happen?

What documents do you need?

How can I pass customer KYC checks?

If you have already started matched betting or happen to be making a decent amount of money from your sports betting.

Then it is likely you will have come across the know your customer checks.

You may also have been unlucky enough to also be asked for a source of wealth check.

In a recent video Caan Berry pointed out the increasing nature of these checks and also how they are unfairly used.

Whilst bookmakers are supposed to use these types of measures to identify problem gamblers and stop money laundering.

Often they are used to hamper and annoy bettors that have figured out a way to profit from the bookmakers.

They are being used as a way to deter profitable punters from playing at that site.

Rather then identifying problem gamblers or people that are money laundering.

KYC checks

Bookmaker KYC Checks – Why Do They Happen

Know your customer checks are in place to make sure the person opening and using the account.

Is actually the person they say they are.

Bet365 KYC checks

These are regulations that a bookmaker needs to adhere to in order to operate.

In order to verify who you are. Bookmakers will often ask for some personal information when you sign up.

You will normally need to provide your –

Full Name

Date of Birth

Address and postcode

Mobile Number

To further back up this information you will also normally be asked to provide one form of ID.

A passport or driving licence is the most commonly used form of ID.

Along with some form of proof of address such as a bank statement, electric or water bill dated within the last 3 – 6 months.

Whenever you open a bookmaker account you should make sure you have these documents in order to make a withdrawal.

Most of the bigger bookmakers have an area on the site where you can upload your documents. Some will request that you email the documents to their risk team.

KYC verified

Normally this is a pretty simple process and your account will be verified within a couple of days.

Some bookmakers can also verify you electronically using the electoral register. In this case the bookmakers will not ask for additional documentation.

Source Of Wealth Checks

The second type of check that bookmakers can carry out is the source of wealth check.

This is a little more intrusive and sometimes bookmakers will ask for information regarding your job title and how much money you earn on a early basis.

Usually this is done when you are depositing and withdrawing large amounts of money.

For example if you are depositing and withdrawing tens of thousands of pounds on a weekly basis, then you can expect a source of wealth check.

In order to pass a source of wealth check you will need to provide some proof of earnings.

For example wages slips or bank statements which show a consistent income.

Bookmakers abusing source of wealth checks.

Something to be aware of however is that some bookmakers misuse source of funds/wealth checks.

This isn’t the case for all bookmakers but it does happen.

Recently I had a bookmaker ask me for unredacted bank statements and proof of earnings when I wanted to withdraw less then £50 from my account.

Source of wealth checks

On this account I had bet only a few hundred pounds over its entire lifetime.

So it hardly qualified for a source of wealth check and the request was very unreasonable.

Source of wealth

Money laundering and identifying problem gamblers are the reason behind this legislation.

However as you can see from the emails above. Bookmakers sometimes use this type of check to identify and deter winning bettors.

So whilst you should not expect a source of wealth check unless you are depositing and withdrawing large amounts of money.

Be aware that some bookmakers will still try to delay withdrawals by asking for more information then they should.

Problem Withdrawing From Bookmaker?

If you feel a bookmaker is abusing these checks.

For example withholding a withdrawal of £30 and asking for source of wealth checks, asking for selfies holding your id and notarised documents etc.

UK gambling commission

Your best option is to contact the UK gambling commission and make a complaint.

You can also copy them into your emails when you correspond with which ever bookmaker you are having issues with. This then notifies the bookmaker itself that you are involving the UK gambling commission.

Another option is to use the website Resolver and initiate a complaint.

Resolver will contact the bookmaker itself and try to resolve the issue. Then send your complaint on to the Independent Betting Adjusdication Service (IBAS) if the issue is still unable to be resolved.

Conclusion

For the most part KYC  checks are a very easy procedure. In over 10 years of betting I have only had one issue with a source of wealth checks.

Whilst the checks can be an annoyance and seem intrusive.

There is a still a decent amount of opportunity to make money from the sports betting markets which make it worth while.

One of the simplest and most effective ways to make money is from matched betting.

If you want to learn how to do this for free our recommendation is Profit Rush.

Profit Rush

 

 

 

 

Football Accumulator Betting – Can It Be Profitable?

Football Accumulator Betting, can it be profitable long term?

My earliest introduction to sports betting was watching my dad, betting slip in hand anxiously waiting for Saturday’s football results to come in.

Every now and again he would hit a decent sized winner but I remember most weeks were losers.

“If only Chelsea would have won, I would have made over 100 quid”

“Can’t believe Liverpool didn’t win, one short of 250 big ones”

“F****** Arsenal couldn’t even beat my Sunday league team, could have won close to a grand if it wasn’t for them.”

The above is the reality for the majority of punters that bet regularly on accumulators, losing what looks to be a small fortune even when using using bet calculators like Ace Odds.

However there are ways to make your football accumulator betting profitable and we will cover that in this article.

Why Bookmaker’s Love Punters That Bet On Accumulators

There is a reason that bookmakers love this type of bet and that is because normally there is no value at all for the punter.

Whilst the bookmaker retains a huge edge.

Below is a video from Caan Berry which explains why accumulator bets in general are very poor.

To summarize the video.

Bookmakers love accumulator bets because it compounds the margin that they have on each bet.

What is a margin?

The bookmakers margin is the reason that they make a profit.

Football Accumulator Betting

Oddsportal highlight a bookmaker’s margin in the area payout.

You can see that most bookmaker’s take somewhere between a 5% to 1% margin on most big European football matches.

If we look at Pinnacle’s margin for example at 97.7%.

This means that if you were to back every outcome that Pinnacle are offering on the Lens vs Lille game you would lose 2.3% of your total stake.

So if we spread out £100 across all 3 outcomes

We would lose £2.30

In a perfectly fair market all outcomes would add up to 100% meaning that if you backed every outcome you would break even on all selections.

Any market that adds up to over 100% becomes an arbitrage bet, which means it is possible to back every outcome and secure a profit.

Football Accumulator Betting Margin

As Caan points out in the video. When an accumulator is placed with a bookmaker the margin that they have compounds with each bet.

You can see that by taking the fair prices of these events from the betting exchanges you get odds of 259.5.

Looking at the odds given by the sports book for the same accumulator you can see the odds are 190.5.

This is a pretty big discrepancy and highlights why bookmakers love punters that bet on accumulators.

In general they are very bad value for the punter.

Football Accumulator Betting – How To Win Long Term

The way to make money from sports betting is pretty simple.

It is all about getting value from the odds that you are taking.

This means that we need to take odds that indicate a higher percentage of an event occurring then the actual chance of that event occurring.

Let’s look at a very simple example.

England are playing the Faroe Islands and a bookmaker opens England at 2.0 (Giving England a 50% of winning the game.)

England Betting

99% of football fans would instinctively know that England’s chance of beating the Faroe Islands are better then 50% and those odds offer a huge amount of value.

England’s chances of winning that game would probably be closer to 90%.

This bet would obviously be huge value, as the odds offered don’t accurately represent the true probability of England winning the game.

Now unfortunately bookmakers very rarely make huge mistakes like this.

However they do make smaller mistakes and sometimes they will also offer promotions which make an accumulator a profitable bet.

Putting Multiple Value Selections Together

Let’s start with the easiest way to make profitable football accumulator bets.

Taking advantage of bookmaker boosts.

Profitable Football Accumulator Bets

The majority of the major European bookmakers offer boosted accumulators on almost a daily basis.

Above is this weekend’s boosted accumulator from Skybet.

It has Bournemouth, Brentford and Tottenham all to win at odds of 8.0.

Let’s have a look at how to determine a fair market price for this accumulator

One of the best way to determine this to look at the price currently shown on one of the betting exchanges. Betting exchanges are a good indicator of what the market feels is the fair price of a selection at that time.

Adding these prices together gives a good indication of what the fair price of the accumulator should be.

Tottenham Odds

The fair price is often between the back best price 2.06 and lay price 2.08.

For simplicity I take the lay price of each selection and input them into a accumulator calculator from the site aceodds.

You can see adding the 3 lay prices together gives out fair odds for the accumulator as 6.5.

Whilst Skybet are offering odds of 8.0.

This suggests that the accumulator offered is very good value and that by betting these type of boosts long term you will make money.

This is really the best way for the majority of people to make their football accumulator betting profitable.

Determining Value And Betting Them As An Accumulator

Just as a bookmaker’s edge compounds with each poor value selection.

Exactly the same happens to the sports bettor that is able to find profitable edges and combine them with other each other.

That profitable edge is compounded.

Now finding a profitable edge at a bookmaker is a topic for a completely other article.

From my own experience there are some area’s that are easier to find value in then others.

For example lower league football, corners markets, cards markets, player markets etc.

Are much easier to find good value bets in compared to the major 1×2 markets that often have millions of pounds bet on them.

Example

In the above accumulator a mixture of using a bookmaker’s promotions and finding value in the market created a profitable accumulator bet.

The bookmaker was offering the Chelsea vs Real Madrid game at a boosted 100% margin, so one selection was taken that was showing as the lay price on the betting exchanges.

Two tips were taken from a lower league English football tipster that had a profitable long term record.

Juventus and Slavia were both lay prices on the exchange.

Then on top of this the bookmaker in question offers a 15% boost on accumulators of 5 selections that are odds above 1.5

Combining the first strategy of using a bookmakers promotions and then also by also finding value in one of the less efficient football markets (lower league English football.)

Enabled a football accumulator bet that had a lot of value.

Odds were of 25 were offered for this selection when in reality the odds should have been closer to 20.

Football Accumulator Betting – Conclusion

In this article we have looked at why in general accumulator bets are not a good way to make money long term from the sports betting markets.

However we have also shown that in the right circumstances. Football accumulator betting can be a great way of extracting some value from a bookmaker.

Like all profitable betting strategies, successful football accumulator is about taking a calculated risk and only betting when the edge is in your favour.

 

Over The Last 4 Years I Have Made Over £100,000 Profit From The Sports Betting Markets.

Click Here To Learn About The Strategies I Have Used.

Making A Million From Sports Betting And Trading – April 2021 Results

Making A Million

2021 had started really well with strong profits in Jan, Feb and March.

Jan – £3209

Feb – £2825

March – £2295

However this month was frustrating at times and also a reminder about the reality of betting.

It’s not always going to go your way.

Let’s break down the results for April.

Value Betting, Matched Betting And Arbitrage 

In April it was basically 95% value betting and 5% matched betting.

The grand national was great from a value betting and matched betting perspective. Bet365 ran a great offer paying back 50% of your stake on each way betting.

I know a few people that multi account on a large level who cleaned up on this offer and sat back for the rest of the month. It was a reminder of the golden days of matched betting.

Personally I managed to land a nice win on Balko Des Flores each way at odds of 101 which propped up the profits for the month.

Overall Results

In April there were 402 bets.

A total profit of £1473 was made.

Learn About Matched Betting And Value Betting Below

Matched Betting Guide

Value Betting Guide

Advantage Play – Casino Offers

Casino Offer Results

Another month of low volume on the casino offers.

The last few months things have really dried up with there being less weekly recurring offers available.

Due to this my focus has more been on the betting and trading side of things.

Hopefully things will pick up again but if not then its just a case putting more time into where the opportunities are.

There were 49 offers completed in April

A total profit of £214 was made

Sports Betting Results

My sports betting results have been really solid for a number of years now.

One of my big weaknesses in betting is not adjusting stakes appropriately, I am pretty happy to win or lose a few hundred pounds in a day. Its the norm and I am comfortable with it.

But when daily losses start to creep closer to the thousands its uncomfortable. If you want to start winning more though you have to also accept that there will be be bigger losses.

This month I decided that I really should be betting much more on spots where I am extremely confident I have a decent edge (mma betting.)

Sports Betting Results

Well this month didn’t go well.

I thought there were some big value opportunities during April. Timofey Nastyuhkin was big value in my eyes at odds 5.5, when in reality I had him closer to 3.0.

He went on to get wiped out in about a minute by Christian Lee in a One FC bout.

Usman to beat Masvidal by decisoon at 1.95 was another spot that had a lot of value, coming off his KO of Burns it seemed that Usman’s finishing ability was being a bit overrated. Especially given how durable Masvidal had been in the past.

Usman KO

That was the story of the month really.

Was happy with the bets I made it was just an inevitable run of losses that came in the month I decided to stake a bit more aggressively.

During April I made a total of 28 bets.

A total loss of -£1376 was made.

Free Tipster Experiment

There have now been 603 total bets for the free tipster experiment and things had been going really well up until April.

The idea is to take the best free tips available from a number of different sources and see if its profitable long term.

Staking is very simple, I look to win around £50 for each selection.

Free Tipster experiment

(Graph says March but these are results from April)

It was pretty much a steady decline for the most of the month.

Before a slight recovery at the end.

There were 62 selections.

A total loss of -£354 was made.

I withdrew my money out of Betmarkets during April which meant that the number tipsters I followed dropped quite considerably.

Below is video discussing my results and overall thoughts after using Betmarkets for 5 months.

So the tipsters I now follow are mainly from the smart betting club’s roster of free tipsters.

Along with –

Nigel Seeley – Twitter, Trademate Podcast.

George Gamble – Twitter, Trademate Podcast.

Mark O,Haire – Twitter, Matchbook Podcast.

Below are the results since the start of the free tipster experiment.

Neil Macdonald Results

April saw a new addition to the portfolio.

Having followed and bet Neil’s selections on Betmarkets for a while. I then started to follow his official service.

I have been betting his selection to £25 a point, which in hindsight is too low.

Going forward I will be increasing that to £50 a point.

Neil Mac

It wasn’t the strongest month for Neil’s selection and there were a few missed bets on my part.

At the end of the month a very small profit had been made.

There were a total of 55 bets in April

A profit of £30 was made.

Click Here To Read More About Neil Macdonald’s Football Service.

Trading 

In April I really made a renewed effort to do more trading.

Probably due to the fact that I knew the month wasn’t going too well and with the slump in volume  on casino offers. I needed to start looking at other areas more.

The month started well with a decent profit trading the grand national, I managed to profit pre fight trading most UFC main events. Jake Paul vs Ben Askren was another market that traded well.

When watching football live there were a few opportunities that looked fairly obvious.

Chelsea Trade

The Real Madrid game was good example of when the market got things pretty wrong. As the under 2.5 goals market was 1.6 pre match.

However the game started really open with Chelsea getting 2 or 3 great chances early on. Two goals were scored in the first half and I hedged out for a nice profit.

Overall some renewed motivation to start trading again worked out this month.

During April I made a £757  profit from trading.

Results For April

Value Betting, Arbitrage, Matched Betting –

£1473

Advantage Play – Casino Offers

£214

Trading

£757

Sports Betting

-£1376

Neil Macdonald

£30

Free Tipster Experiment

-£354

Rolling Betting

Total Made In April

£770

Overall Profit Since The Challenge Began

£112,230

Remaining Target

£887,770

Thoughts Going Forward

Although not the best month in terms of profit made.

I put a lot more thought into my betting and trading over April. In previous months where bigger profits were made I felt pretty much on autopilot.

Value betting and casino offers is very much just clicking buttons without that much thought process.

So this month when things weren’t going great it was refreshing to have a deeper think about other area’s that I could find a profitable edge in.

Greyhound Tips

At the start of May I also started following Premier Greyhound Tips.

It is a service that has been running since 2014 which is a good sign. Has been very profitable long term and so far I have found the odds quoted to be achievable.

Hopefully alongside Neil Macdonald’s service it will start to bring it some extra profit and I can continue to add more profitable tipsters whilst gradually increasing my turnover.

If you made it to the end thanks for reading I will be back with an update in June.

(Also if you want to take a look at the services I use to make money long term you will find them below.)

Services Used

In this section is a list of the services that I have used this month. To be transparent I do have affiliate deals with these services.

Which means should you subscribe to them through a link on this site I will receive a commission.

This does not come at any additional cost to you. In fact with some of these services I have negotiated discounted prices for readers of smartsportstrader.com.

Recommended For Matched Betting/ Value Betting/ Arbitrage

Oddsmonkey Matched Betting And Arbitrage Software (Click Here For A Free Trial)

Subscription Cost – £12.50 a month (Annual Subscription)

If you comment “Smart Sports Trader” in the chat when you sign up for a Trademate Sports trial. You will get an extended two week trial and also a 10% discount off your first month.

Trademate Sports Value Betting Software –  Click Here For A Two Week Trial

Subscription Cost – £105 a month (Monthly)

Recommended For Exploiting Casino Offers

(Readers of smartsportstrader.com can get the first month half price using the link below)

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month  (Annual Subscription)

Betting Reviews – Updates

Over the last 2 months I have been reviewing two services that come with very good reputations.

The first tipster is from Bookie Insiders.

Bookie Insiders Results

Neil Macdonald is a tipster that focuses mainly on the major European football leagues.

Over a 7 year period his results are extremely impressive.

A 6.8% roi over 5311 bets is fairly unheard of in the major football markets.

The big upside to following Neil Macdonald’s tips are that you are betting in big markets. Which means odds don’t get smashed as soon selections are sent out.

Results so far have been very positive.

After 92 selections.

A profit of £886 has been made.

Stakes ranged between £50-£125 on each selections.

Below are the official results over the same time period.

After 95 bets a total profit of £1058.

(The difference in profit and loss is due to missed bets and odds taken.)

Click Here To Read More About Neil Macdonald’s Service.

 

Ron William Results

The second tipster under review is Ron Williams, a successful horse racing tipster.

This tipster sends out tips selections the evening before the races. However I have been betting the selections the next day around 11.00 using the betting exchanges.

To see whether or not it could be profitable to follow Ron Williams using only the exchanges.

Long term results suggest if I am able to get odds somewhat close to the ones quoted in the email the evening before.

Then it could be profitable to follow tips using the exchanges.

Ron Williams Results

After 139 selections.

A loss of -£63 has been made

Stakes range from £20 to £40

A profit has not been made so far following these selections.

Ron Williams Official Results

Below are the official results from Ron Williams backing the selections the evening before racing.

After 170 selections.

A loss of -£385 has been made.

(The difference in number of bets made and profit and loss. Is due to missed bets and selections shortening in odds to the point where the value is gone.)

Ron Williams Horse Racing

Click Here To Read More About Ron Williams

 

If you have any suggestions for future reviews.

Please comment below or send a message to [email protected]

 

(This article features affiliate links. This means that if you choose to make a purchase, I will earn a commission. This commission comes at no additional cost to you. I use or have used any product I review. If I recommend them it is because I believe they are helpful, useful and offer value to their customers. Please do not spend any money on these products unless you feel they will give you value or that they will help you achieve your goals.)

Making A Million From Sports Betting And Trading – March 2021 Results

Making A Million Challenge

This year started strong with January and February showing decent profits.

The sporting schedule is jam packed at the moment, with Euro 2021 this summer its going to be an interesting year.

During March we had Cheltenham festival which in previous years had been very profitable.

March brought me to exactly four years of running this challenge.

Although still far away from the £1,000,000 target it does show that having a few solid strategies does pay off in the long run.

Making A Million

Let’s take a look at results from March.

Value Betting, Matched Betting And Arbitrage 

This month saw the Cheltenham festival which a few years ago was like Christmas for matched bettors. There were offers all over the place. Online and in shops, there were people that would make thousands of pounds in profit from Cheltenham when I first started.

Well I got crushed this year.

There were some decent offers available with Speadex in particular running a nice offer.

However I chose to value bet everything. Rather then cover the other side on the exchanges, in the hope that I would trigger a free bet.

Value Betting Results

A slight recovery was made at the end of the month.

But overall March was a pretty flat month for this set of strategies.

In March there were 407 bets.

A total profit of £157 was made.

Learn About Matched Betting And Value Betting Below

Matched Betting Guide

Value Betting Guide

Advantage Play – Casino Offers

Casino Offer Results March

The second month in a row were volume was pretty low.

A few recurring offers were not running such the “Double Your Winnings” offer that Bet365 normally run.

Only got a few cashback and reload offers.

So overall things were pretty quiet on the casino offers front.

Again this month I didn’t branch out and actively look for new sign ups, however it does seem like there has been a reduction in decent offers the last two months.

Hopefully things pick up in April.

There were 61 offers completed in March

A total profit of £371 was made

Sports Betting Results

It was my own sports betting results which saved this month from being a pretty poor.

I continue to run well betting on MMA and was profitable with some in-play betting on football this month.

During March I made a total of 20 bet.

A total profit of £983 was made.

The Basketball Geek Results

March will be the last month of following the Basketball Geek.

Whilst it has been profitable following his selections.

He seems to be focused almost exclusively now on very small leagues.

Betting on women’s Russian basketball, Senegal basketball and Polish second division is going to burn accounts pretty quickly.

This month I did try following only the larger league selections and matches that were available on Betfair.

But as you can see volume was pretty low.

There were 18 selections in total.

A profit of £56 was made

Read Our Review Of The Basketball Geek Below

Basketball Geek Review

Free Tipster Experiment

March saw the continuation of the free tipster experiment.

The idea is to take the best free tips available from a number of different sources and see if its profitable long term.

Staking is very simple, I look to win around £50 for each selection.

It was an up and down month for the free tipster experiment but overall it ended in profit.

There were 212 selections.

A total profit of £296 was made.

Below is a list is a list of the tipsters used.

Nigel Seeley – Twitter, Trademate Podcast.

George Gamble – Twitter, Trademate Podcast.

Mark O,Haire – Twitter, Matchbook Podcast.

Demtrio Giotti – Smart Betting Club Free Tipster.

Lucky Pucks – Smart Betting Club Free Tipster.

Bassie Bets – Smart Betting Club Free Tipster, Betmarkets.

Neil Macdonald – Twitter, Betmarkets.

Lehotka Botond –Twitter, Betmarkets.

Miguel S – Betmarkets.

Sergio P – Betmarkets.

Trading 

MMA trading

March was a decent month on the trading front.

Managed to build up a decent position on Francis Ngannou pre fight in his fight against Stipe Miocic. The idea was then to reduce my liability after round 1. Then completely exit the trade after round 2 were he was likely to start slowing down.

Ngannou put on a spectacular performance and ended up finishing the job in the second round via knock out.

Overall a total of £432 was made from trading.

Thoughts Going Forward

This year has got off to a great start, if things continue this way it looks like I could get over £30k in total profit made within a year.

Which would be a nice mile stone to get over.

Although things can change very rapidly in betting and a few poor months could make that look pretty unrealistic, time will tell.

There will be a new addition to the portfolio next month.

Which will be Neil Macdonald’s football picks.

Been tracking these since the 17th of February and also using Neil’s picks from Betmarkets for a while.

He tips in major European football leagues which have big liquidity.

So unlike the Basketball Geek odds don’t get hammered in minutes and I can use the sharps/exchanges to get my bets on fairly easily.

His long term record is excellent.

So I do think that going forward this will be a profitable addition.

Click Here To Read More About Neil Macdonald’s Service.

Results For March

Value Betting, Arbitrage, Matched Betting –

£157

Advantage Play – Casino Offers

£371

Trading

£432

Sports Betting

£983

The Basketball Geek

£156

Free Tipster Experiment

£296

Making A Million Challenge

Total Made In March

£2295

Overall Profit Since The Challenge Began

£111,460

Remaining Target

£888,540

Services Used

In this section is a list of the services that I have used this month. To be transparent I do have affiliate deals with these services.

Which means should you subscribe to them through a link on this site I will receive a commission.

This does not come at any additional cost to you. In fact with some of these services I have negotiated discounted prices for readers of smartsportstrader.com.

Recommended For Matched Betting/ Value Betting/ Arbitrage

Oddsmonkey Matched Betting And Arbitrage Software (Click Here For A Free Trial)

Subscription Cost – £12.50 a month (Annual Subscription)

If you comment “Smart Sports Trader” in the chat when you sign up for a Trademate Sports trial. You will get an extended two week trial and also a 10% discount off your first month.

Trademate Sports Value Betting Software –  Click Here For A Two Week Trial

Subscription Cost – £110 a month (Monthly)

Recommended For Exploiting Casino Offers

(Readers of smartsportstrader.com can get the first month half price using the link below)

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month  (Annual Subscription)

Making A Million From Sports Betting And Trading – February 2021 Results

After a strong start to 2021.

I was hoping February would bring more of the same.

Kids are returning to school, vaccines seem to be rolling out pretty well.

It looks like we could start to see some form of normal life return in 2021, fingers crossed.

Let’s take a look at results for from February.

Value Betting, Matched Betting And Arbitrage 

A stronger month for this set of strategies, the results from value betting had not been great the last few months.

However things picked towards the end of the month.

Didn’t do much arbitrage betting, made a few quid from a limited accounts on weekends. The majority of the volume was from value betting.

Took advantage of the bet £50 pre match get £50 inplay offer from Bet365 this month which is always a good earner and one that I hope they continue with.

The end of the month was capped off nicely when Betbull gave me a £10 risk free bet that came in.

In February there were 277 bets.

A total profit of £1162 was made.

Learn About Matched Betting And Value Betting Below

Matched Betting Guide

Value Betting Guide

Advantage Play – Casino Offers

The good run with casino offers continued in February.

A lot of bonuses I do are cash before bonus.

The strategy is double the deposit on blackjack and withdraw, or lose and hope to make a profit turning over the bonus on slots.

February was a month where the wins came easy and I didn’t have to rollover the bonus. Won 7 times in row doubling the deposit on blackjack. (Writing this March the 1st the streak ended and I lost £200 today.)

Something that did stick out this month however was a pretty big drop in volume.

Homeschooling has probably impacted this.

Also I have just not really felt like putting in the hours on casino offers this month.

Didn’t look at any new account offers and just stuck with the regular recurring ones (Mecca Bingo,Bet365, Betfred etc.)

However I know this lucky run will come to end soon, so its an area where I need to pick up the volume again in coming months.

During February I did 70 casino offers.

A total profit of £1071 was made.

Sports Betting Results

My own selections had a good month in February.

The biggest profit this month came from backing Britain Hart to beat Paige Van Zant in bare knuckle boxing.

Managed to get £200 on this at 2.25, which were silly odds given PVZ was making her debut and had never really been known as good boxer from her time in UFC.

In total there 22 bets made in February.

A total profit of £553 was made.

A few bets from February

The Basketball Geek Results

The volume of selections I got on this month dropped massively.

It was a combination of waking up a bit later then normal and odds just being way off advised.

The Basketball Geek also isn’t sending selections the likes of the NBA or WNBA where it pretty easy to match prices. Tends to be focusing much more on smaller more niche markets at the moment.

Which isn’t great the account life of soft bookmakers accounts but has been pretty profitable.

This month I did post some odds up on Betfair after missing the advised odds, however the majority of times bets were not matched.

In total I bet 38 selections from the Basketball Geek.

A total profit of £122.

Read Our Review Of The Basketball Geek Below

Basketball Geek Review

Free Tipster Experiment

The free tipster experiment continued in February.

It’s a simple idea, I have looked to find some of the best free tips available and I stake to win around £50 each time.

It was an up and down month that eventually ended in a loss.

There were a total of 108 bets.

A loss of £38 bets was made.

Below is a list of the free tipsters used.

Nigel Seeley – Twitter, Trademate Podcast.

George Gamble – Twitter, Trademate Podcast.

Mark O,Haire – Twitter, Matchbook Podcast.

Demtrio Giotti – Smart Betting Club Free Tipster.

Lucky Pucks – Smart Betting Club Free Tipster.

Bassie Bets – Smart Betting Club Free Tipster, Betmarkets.

Neil Macdonald – Twitter, Betmarkets.

Lehotka Botond –Twitter, Betmarkets.

Miguel S – Betmarkets.

Sergio P – Betmarkets.

Below this are the overall results since the free tipster experiment began.

Free Tipster Results

Trading 

Trading in February was a bit of a blur to be honest.

Made some profit pre match trading Chelsea vs Atletico but overall lost money on some in-play methods.

Not much more to add really, it was a pretty low volume month for trading.

In February a loss of -£45 was made from trading.

Thoughts Going Forward

Results were good this month.

Felt like I have found a good balance between spending time with the family and working on betting related stuff. The opening of schools in March should give me at least an extra 20 hours a week.

Which should enable me to put more time towards casino offers and betting related stuff. (Or possibly just give me 20 extra hours on the Xbox.)

Running two reviews at the moment on services that both have good reputations.

Following Neil Mcdonald’s tips using sharp bookmakers and exchanges. Also trialing Ron Williams horse racing tips using betting exchanges.

Ron W Results

Hopefully these will prove successful and add one or possibly two more profitable methods to the making a million challenge.

Results For January

Value Betting, Arbitrage, Matched Betting –

£1162

Advantage Play – Casino Offers

£1071

Trading

-£45

Sports Betting

£553

The Basketball Geek

£122

Free Tipster Experiment

-£38

Total Made In January

£2825

Overall Profit Since The Challenge Began

£109,165

Remaining Target

£890,835

Services Used

In this section is a list of the services that I have used this month. To be transparent I do have affiliate deals with these services.

Which means should you subscribe to them through a link on this site I will receive a commission.

This does not come at any additional cost to you. In fact with some of these services I have negotiated discounted prices for readers of smartsportstrader.com.

Recommended For Matched Betting/ Value Betting/ Arbitrage

Oddsmonkey Matched Betting And Arbitrage Software (Click Here For A Free Trial)

Subscription Cost – £12.50 a month (Annual Subscription)

If you comment “Smart Sports Trader” in the chat when you sign up for a Trademate Sports trial. You will get an extended two week trial and also a 10% discount off your first month.

Trademate Sports Value Betting Software –  Click Here For A Two Week Trial)

Subscription Cost – £110 a month (Monthly)

Recommended For Exploiting Casino Offers

(Readers of smartsportstrader.com can get the first month half price using the link below)

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month  (Annual Subscription)

 

 

 

 

Making A Million From Sports Betting And Trading – January 2021 Results

Making A Million

It’s been a good start to 2021 on the betting front.

Nearly everything made a profit and I continue to run well on casino offers.

Not much else to add really, with lockdown things are pretty boring but having betting stuff to do on a daily basis keeps things ticking over.

Let’s take a look at the results from the first month of 2021.

Making A Million From Sports Betting

Value Betting, Matched Betting And Arbitrage 

Last month was a losing month for this set of strategies and value betting especially struggled again early on.

I do very little matched betting now apart from Bet365 offers and a small amount of arbitrage.

Which is much less now as the account I was mainly using for arbitrage has put a loss limit of £200 a month on my account.

This bookmaker normally gives very small arbs which I had been happy to take. However now I can only stake £200 for example on a 1.33/1.32 arb. Which is pretty annoying especially if it loses and I have to leave the account alone for a month.

My hope is that this does not becoming the norm for sports betting in the UK.

So its pretty much 90% value betting at the moment which opens you up to variance.

The upswing at the end was due to winning a 2up bet on Kilmarnock (This is when Bet365 pay out if a team leads 2-0, if the team blows the lead which Kilmarnock did you get paid out on both your win bet and lay bet.)

This is a matched betting strategy, click here to learn more about matched betting.

In January a total of 303 bets were made in.

A total profit of £538 was made.

Learn About Value Betting And Arbitrage Below

Arbitrage Betting Guide

Value Betting Guide

Advantage Play – Casino Offers

The casino Gods were kind again this month despite a drop in volume.

I do feel like I am running pretty well at the moment with casino stuff and imagine that a correction will happen in the near future.

However when the good times come you have to enjoy them.

There were no major wins this month, just a few similar to the one below which all added up at the end of the month.

During January I did 101 casino offers.

A total profit of £1007 was made.

Sports Betting Results

January was a really good month for my own personal sports bets, which focus mostly on the MMA markets.

Again I felt like I got some good luck this month.

Split decisions went my way and a few prop bets with big odds came in.

In total there were 22 bets in January.

A profit of £858 was made.

The Basketball Geek Results

I like the Basketball Geek but it is becoming harder and harder to get close to the quoted odds.

The Basketball Geek sends selections at 8.00, I am normally betting them within 10 minutes at most but it does not seem quick enough at the moment.

Going to continue with this tipster because results have been excellent and perhaps start looking to leave prices up on the exchanges or see later in the day if prices bounce back.

This month I bet 60 selections.

A loss of £112 was made.

Read Our Review Of The Basketball Geek Below

Basketball Geek Review

Free Tipster Experiment

The free Tipster Experiment continued in January and results were good.

It’s a simple concept, I have looked to find some of the best free tips available and I stake to win around £50 each time (Not always exactly £50).

Always taking at least the recommended odds.

The tipsters that I am following tip selections that can be bet on using Asian Connect or with the betting exchanges.

Not choosing any tipsters that are using solely soft bookmakers as I want to be able to get on bets without the worry of restrictions.

The hope is that if its shows to be profitable, I will be able to scale it up.

Most of the profit came from a strong last weekend of the month.

Nigel Seeley from the Trademate podcast had a cracking end to the month and Demetrio Giotti from SBC was another tipster that did really well.

I am also taking bets from a few football tipsters on Betmarkets that tip in the bigger leagues. Who also finished the month strong.

Be interesting to see if this will be a profitable long term strategy. Would like to get to at least a thousand bets before I break things down into average odds, roi etc.

I often miss bets and its not the most refined strategy yet but next month I will write up a list of all the tipsters I am using.

In total there were 128 bets in January.

A profit of £716 was made.

Trading 

Didn’t do a whole lot of trading in January.

Home schooling is taking up a lot of time during the week and at the weekend I am normally pretty busy value betting.

Made some profit trading Mcgregor vs Poirer in the days leading up to the event as it was pretty much one way traffic on Mcgregor up until fight day.

Overall it was a pretty uneventful month on the sports trading front.

In January I made a profit of £202 from trading.

Thoughts Going Forward

Overall it was a really good start to 2021, with the monthly profit being above average.

My long term plan is and has been for the last several years to use sports betting and trading as a way to reach financial independence. 

Fingers crossed that regulation doesn’t get in the way and this goal continues to look achievable.

In terms of strategies and services used I don’t intend to change much. 

Like I wrote earlier I will carry on with the free tipster experiment and assess things after a few more hundred bets. 

All the other strategies are proven to be profitable so its just about getting as much turnover in these area’s as possible.

Betmarkets Results

I have a long term investment in Betmarkets which isn’t doing very well at the moment. 

My £1000 initial investment is down around £200.

However I have seen with my own value betting drawdown periods and the people behind Betmarkets have made it clear Betmarkets is a long term investment. That should be looked at in a similar way as an index fund would.

So its not something to tinker with every month and dip in and out of.

Happy to leave it for now and then revaluate things in a few more months.

Results For January

Value Betting, Arbitrage, Matched Betting –

£538

Advantage Play – Casino Offers

£1007

Trading

£202

Sports Betting

£858

The Basketball Geek

-£112

Free Tipster Experiment

£716

Total Made In January

£3209

Overall Profit Since The Challenge Began

£106,340

Remaining Target

£893,660

Services Used

In this section is a list of the services that I have used this month. To be transparent I do have affiliate deals with these services. Which means should you subscribe to them through a link on this site I will receive a commission. This does not come at any additional cost to you. In fact with some of these services I have negotiated discounted prices for readers of smartsportstrader.com.

Recommended For Matched Betting/ Value Betting/ Arbitrage

Oddsmonkey Matched Betting And Arbitrage Software (Click Here For A Free Trial)

Subscription Cost – £12.50 a month (Annual Subscription)

If you comment “Smart Sports Trader” in the chat when you sign up for a Trademate Sports trial. You will get an extended two week trial and also a 10% discount off your first month.

Trademate Sports Value Betting Software –  Click Here For A Two Week Trial)

Subscription Cost – £110 a month (Monthly)

Recommended For Exploiting Casino Offers

(Readers of smartsportstrader.com can get the first month half price using the link below)

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month  (Annual Subscription)

Can Sports Betting Be A Good Investment?

Sports Betting As An Investment

Is sports betting a viable way of investing money?

Let’s take a detailed look in this article.

 

Sports betting investment

It’s impossible to make money sports betting!

The bookmaker always win!

Sports betting is for mugs!

These are statements that you have probably heard time after time. Whether it’s from family members, a guy in the pub or even a close friend.

The majority of people hold the belief that it isn’t possible to make money from sports betting. However if you switched the term “sports betting” to “stock market” the majority of people would do a u turn.

Sports Betting As An Investment

Starting this blog my intention was to see if I could find multiple ways of making money from the sports betting markets.

When I started there was one strategy in my pocket that worked really well.  Over the last few years I have added a few more and overall managed to make over six figures in profit from sports betting.

Starting with £10,000 investment, 57 months later that investment now stands at 138,487.

Equaling a 128,487 profit.

Sports Betting Investment

You can make money from sports betting it is very possible this is a fact!

Will everyone make money from sports betting?

Will everyone make money in the stock market?

If you handed 100 people £1,000,000 and came back a year later. Would they all still be millionaires?

The answer to all these questions is no.

Obviously there are a lot of variables in life and differing outcomes depending on lots of different factors.

Whilst reading this article won’t guarantee that you will make money from sports betting as an investment. What it will do is give you a solid idea of how to approach it.

(Below is a video discussing how to treat sports betting like a business)

Why Sports Betting Can Be A Good Investment

First off why can sports betting be a good investment?

It’s Tax Free ✔

High Turnover ✔

Simple Low Risk Strategies To Get Started ✔

Here in the UK winning from sports betting are tax free.

Which is a huge bonus for anyone that wants to look at treating sports betting as a serious investment. Not having to give back any money in taxes at the end of financial year is a plus.

Secondly, there are sporting events every singles day. Whether its horse racing, football, boxing, mixed martial arts, tennis. There is always a sporting event going on which means with a proven strategy (which we will get onto soon) you turnover you money with ease.

Lastly, to get yourself started there are some very low risk proven methods that allow you to make profits with very little risk. Which allows you to get familiar with sports betting and also profit at the same time.

A Sports Betting Bankroll

The first thing you should really do if you want to treat sports betting properly is have a bankroll. This is money that is entirely separate from everything else in your life.

It exists purely for betting. It’s not to cover your mortgage payments, food bills or anything else. Like an investment it’s purpose is to be left to grow into something more.

Doesn’t have to be a lot, with the low risk strategies outlined in this article it could be as low as £100.

Low Risk Sports Betting Strategy

Let’s start off with the lowest risk strategy you can use.

Which is matched betting. Matched betting uses bookmaker bonuses to lock in a profit before the start of a sporting event.

In the above picture you can see Bet365 offer £50 in free bets if you bet £10.

By exploiting this offer you can guarantee around a £40 profit. This is done by covering all the outcomes of an event and is a very simple process.

Click Here For Our Guide To Matched Betting

The second low risk strategy that you can use is called arbitrage betting. This doesn’t involve bonuses however it is similar in that it allows us to cover all outcomes of an event to guarantee a profit is made. Arbitrage bets occur do the movement in bookmaker odds.

As indicated in the picture above. There times when backing all outcomes of an event can generate a profit. This is known as an arbitrage bet.

Click Here For Our Guide On Arbitrage Betting

Other Profitable Betting Strategies

Matched betting and arbitrage betting are great. However they are generally shorter term strategies that enable you to make some money and your feet in the betting markets.

Bookmaker’s will eventually realize what you are doing (exploiting promotions) and recognize that you are making arbitrage bets. When this happens they remove your promotions and limit your accounts.

Which means that unless you have an unlimited number of friends and family members that let you bet on their behalf. Your going to have to find a few more strategies to keep making money long term.

Once you have built up your bankroll from the low risk strategies, let’s take a look at what you can move onto.

Exploiting Casino Offers

The next step for me was exploiting casino offers. It is a proven way of making money, based on solid maths. When casino’s offer promotions/bonuses they often flip the mathematical edge they usually have over to player.

Whilst you are not guaranteed to make money on every singles offer. If you do these offers often enough then you will profit long term over a large sample size.

Click Here To Learn How To Exploiting Casino Offers

Value Betting

Another strategy that is backed up by solid numbers and proven to work long term is value betting.

Image courtesy of Trademate Sports

Value betting involves exploiting the slower moving bookmakers, who don’t move their betting odds in line with the rest of the betting world.

This means when the sharper professional sports bettors start moving the odds with their money. We can take advantage of that by backing following these sharp moves and betting with slower bookmakers.

Using Tipsters

Next up is using betting tipsters that have shown to be profitable over a large sample size of bets. Finding good tipsters can be difficult but there are some that exist.

One of the best resources to find proven betting tipsters is the Smart Betting Club who provide in depth analysis to research the very best tipsters around.

Sports Betting Compared To Other Forms Of Investment?

Lets take a look sports betting compared to other forms of investment that are available.

Currently £1000 put in the best performing ISA according to money saving expert. Would return 1.3%. Giving a  profit of £13 would be estimated.

Vanguard’s 60% medium risk bonds and stocks life strategy has returned around 8% annually over the last ten years. Meaning a £1000 invested over a year would be estimated to make around £80.

Taking a starting bankroll for sports betting of £1000. You can easily beat these returns just using matched betting and arbitrage.

For instance the total value of sign up offers on the matched betting service Oddsmonkey is over £500

Sports Betting Investment Risk?

It is true that sports betting is a higher risk investment then some of the lower yielding standard investments like ISA’s or savings accounts.

However this risk can be mitigated by using matched betting and arbitrage which enable you build a your initial capital.

This is the exact method used myself in order build up a starting bankroll. Before eventually adding casino offer and then focusing on value betting along with tipsters..

Sports betting has now become an extra source of income that has been slowly growing as time goes on. There are losing periods but over the long term my initial investment is growing at a rate that just isn’t possible with standard methods of savings.

If you approach it correctly sports betting is a very viable way of investing your money.