Bookie Insiders Football Review 2023- Neil Mcdonald Betting Tips

Neil Macdonald runs the Bookie Insiders football service.

This service has a great long running track record. It is one of the most well respected football betting tips providers around.

Let’s get straight into it and take a look at my results following the service over a 3 month period.

Bookie Insiders Football Review – Neil Macdonald Betting Tips

The Results

Bookie Insiders Results

These are my results following the service for 3 months.

Number Of Bets132
Profit And Loss£1029
Return On Investment10.6%

As you can see from the graph and results above.

Following Neil Macdonald’s betting tips over a 3 month period of time has been very profitable.

I did miss a few bets due to my own errors and very rarely not being able to match the best odds.

Let’s take a look at the official results for the service over the same time period.

Bookie Insiders Football - Official Results

Number Of Bets147
Profit And Loss£1196
Return On Investment8.5%

Overall you can see that the missed bets cost me a profit of around £167.

How Easy Is It To Match Quoted Odds?

So one of the biggest factors for me when following a tipster is how easy is it to match the quoted odds available.

As there are many tipsters out there that are very profitable at the odds they quote. However matching those odds can be almost impossible at times.

This was not the case with Bookie Insiders Football Service.

I found odds were generally very easy to match or sometimes better. If you have access to betting exchanges better prices were often available.

Bookie Insiders Selections

Above is a screenshot of the type of bets that you will receive from Bookie Insiders.

You can see they are selections in big markets. There are no selections in the Russian second division or Belgium women’s league.

They are all in big leagues with a large amount of liquidity.

In general the odds hold up pretty well and you will get close to or above the quoted odds.

Bookie Insiders Football Service – Long Term Results?

Bookie Insiders have results going back to 2013 for their football service.

This is one of the reasons why this service is very well respected. It is possible to achieve one or two seasons of decent profits betting on football due to sheer luck.

However making a profit over a 8 year period from over 5000 bets.

Shows a high level of skill.

Bookie Insiders Long Term Results

Overall the long term return on investment stands at an impressive 6.6%.

A profit of £21594 has been to the suggested staking.

(stakes usually range from £50-£150)

This is over a large sample of 5365 bets.

How Does The Bookie Insiders Football Service Work?

Once you sign up to the service.

You will receive access to the telegram group.

Telegram is an app that you can download to your phone on desktop. It is very easy to use and set up.

Every time Neil Macdonald sends out a selection, you will then receive that information via telegram.

Monaco vs PSG

Neil will outline the bets odds available at the time the bet is sent. The minimum odds that you should take and his suggested stake size.

Along with this you will also get a breakdown from Neil. Analyzing the game and outlining why he believes that the bet is value.

PSG 2

In terms of following the service it is very easy.

A lot of betting services are now using Telegram. As it is often more efficient then email in terms of speed and getting notifications easily.

Personally I have Telegram downloaded on my phone and receive selections form multiple tipsters. I believe it is one of the best ways to send selections in 2021.

Bookie Insiders Football Service Cost

There are several subscriptions available with the Bookie Insiders football service.

Bookie Insiders Review Cost

Subscriptions come under the following.

Monthly – £39

Quarterly – £116 ( £39 a month)

Every 6 Months – £224 ( £37 a month)

Yearly – £430 (£36 a month)

As you can see the best value comes from a yearly subscription.

Bookie Insiders Football Review – Conclusion

I have been extremely impressed with everything about Neil Macdonald’s football betting tips.

Over the six years I have been running this blog, I haven’t seen a better football service then this.

A 6.6% return on investment, betting in the major football markets is pretty unheard of.

The service runs very smoothly, odds are attainable. Breakdowns of bets are excellent and can really help you with your own betting analysis.

As you are being shown exactly what an expert football bettor looks at when assessing a game.

Bookie Insiders ReviewI have no hesitation in recommending the Bookie Insiders Football Service.

In terms of profit, attainable odds and how the service is run.

It ticks all the boxes.

Promo

Bookie Insiders Football Review – FAQ

  1. What type are bets are sent by Bookie Insiders?

Bets are usually sent for large markets such as the Match odds, Asian Handicap and Both Teams To Score.

 

2. How many bets are sent per week?

When the bigger leagues are running somewhere between 5-15 bets are sent.

 

3. Can I follow Bookie Insiders football using only betting exchanges?

Absolutely, The vast majority of selections can be bet using the likes of Betfair and Smarkets.

 

 

(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.)

5 Profitable Online Sports Betting Strategies

The sports betting markets offer a lot of opportunity for those that know the right sports betting strategies.

Names such Billy Walters, Tony Bloom and Zeljko Ranogajec have made millions in profit from betting on sports.

What are the profitable sports betting strategies you can use to make money?

In today’s article we brought in a professional sports bettor to answer that question!

Bonus Offers

The first profitable online sports betting strategy will we look at is taking advantage of bonus offers. This is one of the best strategies to get you started as it is easy to learn, low risk and can bring in regular profits.

Lets take a look at an online sports betting bookmaker like Bovada. Which is a bookmaker that is renowned for some of its generous bonus offers.

Bovada Bonus

Bovada much like other bookmakers offer a sign up bonus and regular recurring bonuses. These bonuses can often be used to guarantee a profit from a strategy known as matched betting. They can also be used to boost your bankroll if you want to do straight forward value betting.

Sports Arbitrage Betting

The second sports betting strategy on the list is arbitrage betting.

Sports betting arbitrage is a great strategy that looks to cover all the outcomes of an event and guarantee a small profit regardless of the outcome.

Sounds almost too good to be true right!

Let’s take a look at an example of sports betting arbitrage in action.

Sports Betting Arbitrage

In the above picture you can see there is a horse running today called “Tommy Cullen.”

This horse is available to back at odds of 1.8 with a bookmaker called 32Red and a lay bet is also available on the Betfair exchange at 1.69. A lay bet is basically the opposite of a back bet, we are betting that something will not win.

Sports Arbitrage 2

Using the sports betting arbitrage calculator from Oddsmonkey, we can bring up the stakes that we would need to use in order to lock in a profit across all outcomes. 

Sports Arbitrage 3

Due to the fact we were able to back something (bet to win) at higher odds 1.8 then we layed it 1.69 (back to lose), a profit of £5.62 could be guaranteed from a £100 bet.

This is the beauty of arbitrage betting, it removes the risk from sports betting and enables you to make small consistent profits.

Value Betting

Third on the list of profitable online sports betting strategies is “Value Betting.”

Value betting is a strategy that uses the sharp bookmakers and betting exchanges as a marker for where value may exist at other softer bookmakers. The theory behind this is that bookmakers that limit and ban players, known as “soft bookmakers” are less efficient at correcting their odds.

Whilst sharp bookmaker that take winning bettors usually have odds that are closer to the true probabilities of an event happening.

Above is an example of what a value bet looks like. 

Venezia are 3.23 with the sharp bookmaker Pinnacle and are 3.5 with a soft bookmaker. The difference in odds between the two bookmaker indicates there is value in backing Venezia.

Click Here For Our Guide To Value Betting To Learn More

 Betting Tipsters

Next up on the list is using betting tipsters to make a profit. 

There are thousands of betting tipsters on the internet and unfortunately the majority of these tipsters will lose you money in the long term.

If you want to make money from betting tipsters then you are best of going through a website that proof’s tipsters to make sure that they are profitable first.

Betting Tipsters

Two websites that I like to use are the Smart Betting Club and Betting Gods network.

Both of these websites will run “proofing periods” to see whether or not a tipster is really profitable. Looking at whether the odds they tip up are really achievable or not.

Team Information

Last on the list of profitable online sports betting strategies is using team information to make value bets. 

Betting odds change due to new information entering the market however there are some times when you may have information before the majority of the market.

When this happens you can use it to either make a profitable value bet or even sometimes use it to lock in a guaranteed profit due to the odds movement. Similar to arbitrage betting.

Below is a video explaining the strategy and showing how a £400 profit was locked in before the game kicked off.


There are several factors you can look which can help you profit.

  • Player Injuries
  • Contract Issues
  • Player transfers
  • Managerial changes
  • Weather conditions
  • Team rotation

You don’t have to be the first person to get this information either. If you can react to this information quicker then the majority of the market you put yourself in a good position to make a profit.

Conclusion

There you have it 5 profitable online sports betting strategies that will help you to earn a profit. 

Whichever level you are at as a sports bettor their are strategies in this article that should help you make money. Beginners should probably focus on the first two. Making money from bonuses and arbitrage betting.

Those that are a little bit more advanced could bring in value betting, betting tipsters and profiting from team information. These 3 additional strategies can really increase your edge in sports betting!

Making A Million From Sports Betting And Trading – November 2022 Results

Month 68 in the Making A Million Challenge was an interesting one. The major European leagues took a winter break and the Qatar 2022 World Cup began.

During this month I also started following a new tipster that has some solid long term results and continued with a couple of FTS Income systems.

Let’s dig into the results from November!

 

Making A Million

Value Betting/Pre Match Trading

The World Cup throws up a lot of value betting opportunities on a daily basis.

Player shots on target, win and both teams to score, first goal scorer bets, were pretty popular boosts on a daily basis.

Value Betting

After 264 bets a profit of £929 was made from value betting.

 

Not Familiar With Matched Betting Or Value Betting ?

Read Our Guides Below

Matched Betting Guide

Value Betting Guide

 

Smart Sports Betting Community/MMA Results

It’s not been the best year for my MMA betting.

My focus is usually on finding value on underdogs but whether its variance or my own analysis is getting a little bit lazy. It’s not been profitable this year, looking at results I am down around £1500, which given 1 unit is £200 isn’t a massive amount.

However it will be the first year I’ve lost betting MMA

MMA Betting

In December there were 5 bets a loss of -£30 was made.

 

Horse Racing Tipsters

Towards the end of the month I took up a black Friday offer on Kieran Ward’s morning value service. Mainly to see whether or not I could use the service backing solely on the exchange.

Ever since the closure of Beth Bet, the horse racing portfolio has stayed static most months and steadily lost money on the other months.

Horse Racing Results

This month followed a similar pattern and I think its time to knock it on head for now. I do think the horse racing markets offer decent opportunity and plan to spend some time looking at trading.

A loss of -£451 was made from horse racing bets this month.

 

FTS Systems

FTS is a subscription service that offers a wide range of data to help you develop profitable betting strategies. It is a run by professional bettor Ian Erksine.

Currently I am running 4 season long strategies. The systems are designed for specific leagues and with the World Cup currently on, there were less selections this month then usual.

Lay The Draw System = +£378

Back Unders System = +£86

Match Odds Form System = -£442

Big Underdogs System = +£232

Overall a profit of £252 was made from FTS Ultimate.

Bets And Beers Selections

I started following someone on twitter under the handle of Bets and Beers. After following them for a couple of years and keeping an eye on his results.

Bets and Beers sends out horse racing lay bets and lay the draw selections. You can have a look at his long term results here.

Bets And Beers

It was a pretty solid month of selections. I follow the half time lay the draw selections and then if that bet loses look to lay it again in the second half. My staking is £20 on the initial lay bet, then £40-£50 if the second lay is triggered.

I am also following his horse racing selections risking £200 per lay bet.

A profit of £382 was made from football, £310 was made from horses.

Total Profit = £692

If interested a monthly sub costs £5 and you can contact Chris on Bets and Beers via twitter

 

In-Play Betting (Football and UFC) And Misc Bets

Had a really strong start to the World Cup and did well picking out some in-play value spots on the UFC also. The group games were really good for trading with big corrections happening inside the first 20 mins in many games.

Which meant that you could get in and out of the markets without a lot of risk or leave yourself with big value bets. If you were able to read the markets relatively quickly.

Betfair Profits

 

Overall a profit of £1216 was made from trading and in-play betting.

Overall Results And Thoughts

Good month overall, was slightly disappointing to go from nearly 4k profit to below 3k on the last day of the month. This is the game we play though and it’s out of our control , just got to try and keep making the right decisions.

Nov betting

 

This year overall has been very solid and barring a terrible December should be a new record high P/L. Which is a good sign and shows some progression as for most of the year it’s been solely using the exchanges.

Hope you all a decent month, thanks for reading and enjoy the festivities.

Total Made In November

+£2734

Overall Profit Since The Challenge Began

£164,676

 

5 Ways To Make Money Gambling Online

Make Money Gambling Online

Is it really possible to make money gambling online?

Yes it is! There are multiple ways in which in you can make an income from gambling online.

How do I know this?

For the last 67 months I’ve been documenting my profit and loss using various strategies to gamble online. In that time period a total profit of £161,942 has been made.

Make Money Gambling Online

Let’s take a look then at the various ways you can make money gambling online.

Sports Betting

Number one is online sports betting, this is an area where if you take the correct approach there are plenty of opportunities to make a profit.

What’s the correct approach?

The easiest way to make money from sports betting is by taking advantage of bookmaker promotions and offers. This is a very simple way to make a profit.

Bookmakers are always looking to attract new customers, because of this they sometimes offer a tasty bonus when you sign up. This is usually in the form of free bets.

For example Bet365 will give you £50 in free bets once you have signed up and placed a £10 bet. By using using a strategy known as matched betting we can cover all outcomes of an event to make a small loss on the initial £10 bet. Then do the same to guarantee a profit on the £50 bet.

Bet365 Offer

Poker

Next up on our list is the great game of poker.

Poker differs to most casino games in that you are playing against other players and not directly taking on the casino. Most casino games are rigged to favour the casino long term however in poker this is not the case. Poker is a game of a skill and skilled poker players can make a lot of money playing online.

Dan Cates

Daniel Cates for example is an American poker player that has made over $11 million in profit playing online poker. According to the high stakes poker database Phil Ivey is another individual that has done very well playing online poker. Ivey’s estimated winning are thought to be over $20 million.

If you are looking for a casino game that you can actually make money from, poker is an obvious choice.

Casino Offers

Coming up 3rd on the list is taking advantage of casino offers.

Similar to to bookmakers, casino’s are often willing to offer loss leaders as a way to entice new customers. They will also offer recurring bonuses to existing players in order to get them back in the casino gambling.

Shrewd casino players can take advantage of this. By only playing games when there is some form of bonus or cashback on offer. A casino player can flip the mathematical advantage that the casino normally has over to themself.

William Hill Casino Offer

This is a very good way to make money gambling online and is something that many people are doing to make an extra income

If you would like to learn more about how take advantage of casino offers, we have written an in depth guide which is linked at the end of this article.

Sports Betting Arbitrage

The 4th way to make money gambling online is using sports betting arbitrage.

Sports betting arbitrage occurs when different bookmakers are offering the opportunity to cover every outcome of an event and lock in a small profit. This can be due to bookmakers having a difference of opinion or bookmakers being slow to react to new information entering the market.

Let’s take a look at an example of what an arbitrage bet looks like.

Sports Arbitrage Betting

In the image above you can see we have a football game between Cimarrones and Correcaminos.

William Hill are offering over 2.5 goals at odds of 1.89 and Bet365 are offering under 2.5 goals at odds of 2.2. This is a 1.6% arbitrage bet.

By placing bets on both over 2.5 goals and under 2.5 goals a profit of £3.33 is locked in using a total amount of £200. This is the beauty of arbitrage betting, no matter the outcome of the event a profit will be made.

Lottery – Luck

Last on the list is luck!

Now obviously luck is not something that you should rely on if you are looking to make money gambling online. The first four strategies that we outlined are much more reliable and proven to be profitable with the right approach.

Huge Casino Win

However we have all heard the stories of people hitting a jackpot online or winning the lottery. If you are a recreational gambler that enjoys betting but doesn’t want to treat it like a business. That’s absolutely fine but you will be relying on luck and landing a big one time win.

That being said if you utilize casino offers and advantage play. Then you may be able to play casino games with a positive expectation and still be in with a chance to land a big jackpot.

5 Ways To Make Money Gambling Online – Conclusion

In this article we have covered multiple ways to make money gambling online.

Depending on your own preferences there are several different options.Want an extremely low risk and easy way to profit then take a look at profiting from bookmaker bonuses (matched betting).

Fancy yourself as a bit of a mathematical whiz that enjoys a challenge? look at learning poker. Can handle losing runs and variance? Casino offers can offer a long term solution to making money from gambling online.

We have in-depth guides for all of the strategies discussed in this article. If you want learn more about any of them click on the links below.

Matched Betting Guide (Sports Betting Bonuses)

Arbitrage Betting Guide

Casino Offer Guide (Advantage Play)

Making A Million From Sports Betting And Trading – October 2022 Results

Montly Profit Loss

October was a pretty frustrating month in betting terms.

Seemed to be cursed by the MMA betting gods at the moment. Had two freak injuries go against TJ Dillashaw dislocating his shoulders seconds into the fight. Then the week after Calvin Kattar blew out his knee after one round.

This capped off a month where betting wise it just didn’t go to plan.

Let’s dig into the results from Month 67 of the challenge!

Making A Million

Value Betting/Pre Match Trading

Value betting went much better then I imagined it. Checking these results at the end of the month and a strong profit was made.

Overall there were 296 value bets and trades made.

A total profit of £2008

Value betting October

The world cup is coming up in this month, which may mean a decline in value bets. Will depend on how active bookmakers are with their boosts during the tournament. Sure there will still be plenty of opportunities.

Not Familiar With Matched Betting Or Value Betting ?

Read Our Guides Below

Matched Betting Guide

Value Betting Guide

 

Advantage Play – Casino Offers

Not much worth noting down for October. I don’t have the inclination to grind smaller value offers anymore and not getting many higher value reload offers. There were only 2 casino offers that I completed in October.

A profit of £160 was made

Click Here To Read Our Guide To Making Money From Casino Offers

Smart Sports Betting Community/MMA Results

Not a pretty month on the MMA betting front.

As mentioned in the introduction it does feel like things are going against us at the moment with freak injuries costing us two bets. Overall I don’t think there is too much to worry about, this is betting. Sometimes you have to accept you can’t always be the hammer and being the nail is inevitable at some point.

MMA Betting Results

A loss of -£1180 was made from 12 bets.

Horse Racing Tipsters

Still only following one horse racing tipster at the moment. That horse racing tipster is Kieran Ward’s Value Tips (free SBC tipster.)

Along with Kieran Ward I also bet my own selections based on market movement in the morning markets.

Horse Racing Portfolio

As you can see from the graph it was a pretty flat month overall.

A loss of -£31 was made from horse racing bets.

FTS Systems

FTS is a subscription service that offers a wide range of data to help you develop profitable betting strategies. It is a run by professional bettor Ian Erksine.

Currently I am running 4 season long strategies (I added a new strategy this month).

One strategy focuses on laying the draw, the second strategy is goals based backing under 2.5 and 3.5 goals. The third strategy is again a lay strategy on the match odds markets based around form. Strategy number 4 looks at backing higher odds and is again based around form.

A loss of –£699 was made in October. (Which oddly is exactly the same amount I made last month but in profit from FTS)

Match Odds Lay

Draw Lay Strategy

Under Betting Strategy

Getting butchered on the under 2.5/3.5 goals strategy is what did the damage this month. The lay the draw strategy amazingly didn’t lose at all. This is laying at odds no greater then 3.5 either so it was on a pretty impressive run.

Despite the losses, these are season long strategies so won’t be making any rash changes based on results this month.

In-Play Betting (Football and UFC) And Misc Bets

Didn’t do a lot of in-play betting on football this month due to work commitments and spending times with the kids at the weekend. The World Cup this month though this month will likely offer the opportunity to do more in-play trading.

Overall a loss of -£568 was made this month

 

Results For October

(Graph should say daily Profit/Loss)

Montly Profit Loss

Value Betting – £2008

Casino Offers – £160

MMA – –£1180

Horse Racing Tipsters – –£31

FTS Income – -£699

In-Play Betting/Trading And Misc – -£568

 

Total Made In October

-£310

Overall Profit Since The Challenge Began

£161,942

Thoughts Going Forward

Not going to cry over a small losing month. This year betting wise has been the best one from recent memory.

Happy with all the strategies that are being used. I may look int to getting a few more soft bookmaker accounts up and running in near future. Solely using the betting exchanges at the moment but even though setting up new accounts can be a hassle.

At the end of the day its money left on the table.

Thanks for reading, hope you had a decent month!

 

 

4 Basic Sports Betting Tips for Beginners

At first glance, sports betting seems like it might be an easy and quick way to earn some money.

After all, you just have to choose the winning side and the profit is yours right?

Unfortunately, the reality of sports betting is not that simple. In fact, beginners regularly make common mistakes that greatly contribute to losing bets. To help you make you you don’t suffer the same mistakes, below you’ll find some of the best beginner-friendly tips that can help your sports betting efforts!

Never Bet Under the Influence!

In movies, characters who go to casinos often do so while drinking. You might here a friend tell the story of how they turned £100 into £1000 whilst playing blackjack drunk.

Drinking alcohol and betting on sports is a bad combination.

Why? Whilst under the influence of alcohol, you’ll lose the ability to see the long-term effects of your actions.

Basic Sports Betting Tips

Alcohol lowers inhibitions and enhances your emotion. Whilst usually you might only bet £10 a game for a bit of fun. When the alcohol kicks in that might increase to £30 a game, a losing streak might infuriate you to the point of betting much more then you can afford.

If you really want to make smart bets and make your sports betting profitable. Staying away from alcohol when sports betting is one of the most sensible things you can do.

That’s why it is so crucial to be sober when placing bets on various sports. If you want to drink something during your daily sessions with a bookmaker like UFABET Sports Betting , get some tasty tea or a cup of steaming-hot coffee to sharpen your senses.

Have a staking plan

Before you even place a bet, you should have a good idea of what your bankroll is and what you staking plan is. One of the big differences between professional sports bettors and losing sports bettors in a discipline.

Before you start, you should consider how much money you could lose and not feel emotionally crushed by the losses. Losses in sports betting are inevitable. Most long-time players advise not to place individual bets above 2% or 3% of the total sum that you could spend on sports betting.

Check out our article on staking plans and find the best sports betting staking plan for beginners.

Learn To Control Your Emotions

Although it seems silly, many beginner sports bettors feel almost personally attacked when they lose a bet. The referee is against them, the players are having their worst game ever, the weather has made the pitch unplayable. Some sports bettors believe they are cursed and become quick to blame their losing bet on anyone other than themselves.

Sports Betting Tips

They react emotionally, and place riskier bets, ignoring the fact that only they can be blamed for their poor decisions. There are no Gods of Sports Betting against whom you could seek vengeance. It is understandable that you might feel sad or annoyed if you lose money, however this the reality of sports betting.

It is vital to understand that losses are part of sports betting and that is ok!

Sometimes you win, and sometimes you lose. Learn to accept that things won’t always go according to plan. If you are feeling frustrated or angry with your betting take some time away from the screen.

Go for a walk, get out of the house and wait until

Bet With A Strategy

In the short term it is possible to win money with sports betting by placing bets on a whim, however to do it long term usually requires a solid betting strategy. Strategies such as matched betting, arbitrage betting and value betting are all proven to work.

Value Betting Results

If you are betting for fun, sure trust your intuition and place a small bet. Long term winners in sports betting however are usually using mathematical models or following the market to find value bets.

Other factors that you may want to consider are weather conditions, injuries to players, market overreactions to previous results. There are many factors that contribute to making the odds of a sporting event. Some factors however may be over looked?

Conclusion

Sports betting can be a great way to have some fun and potentially earn some money. However, as with any other type of gambling, there is always a risk involved. To minimize your losses, and increase your chances of winning, make sure to keep the tips from this article in mind!

How To Make Money Betting On Sports

Sports Betting Results Monthly

It is a well known fact that the majority of people that bet on sports lose. It is estimated that the number is around 95%.

How then do you become part of the 5% that actually make money from sports betting?

On this blog we have been running a sports betting and trading challenge detailing the results each month. Over a period of 66 months a profit of £162,252 has been made.

Make Money Betting On Sports

In today’s article we are going to breakdown what’s been working over that 66 month period. Looking at how you can become part of the 5% that make money from betting on sports.

Profit From Bookmaker Promotions (Matched Betting)

One of the easiest ways you can start to make money betting on sports is from taking advantage of betting promotions.

There are numerous sign up offers available that you can make quick profits from. After you have completed all the sign up offers that are around you can then start to make money from recurring promotions.

Matched Betting Strategy

Above is an example of the type of offer that you can use to make a quick and easy profit. After your initial £10 bet has been placed. 888sport will hand you £30 in free bets and a £10 casino bonus.

By using a process known as matched betting you should lock in a profit of around £24 from this offer. Matched betting is the easiest and lowest risk strategy to start making money from betting on sports.

Want to learn more!

Click Here For Our Guide To Matched Betting

Arbitrage Betting

The next strategy is one that compliments matched betting very well. This is a low risk and profitable strategy called “arbitrage betting.”

Sports betting arbitrage involves covering every outcome of an event in order to guarantee a profit.

Sounds almost too good to be true right!

Sports arbitrage betting does work, it is a strategy that is commonly used by those looking to profit from sports betting.

Let’s take a look at an example.

Arbitrage Betting Strategy

In the above image you can see there is a tennis match starting in around an hours time.

Pokerstars are offering the player Casanova at odds of 2.4. Her opposition Acosta is available to bet at odds of 1.8 with Starsports.

Staking £86.14 at odds of 2.4 will return £206.74.

Staking £114.86 at odds of 1.8 also returns £206.75.

No matter which side of the bet wins a profit of £5.75 is secured due to the combined odds making an arbitrage bet.

(206.75 – 86.14 = £120.61)

(206.74 – 114.86 = 91.88)

Why doesn’t everyone do this and become very rich from sports betting?

Is a great question!

Unfortunately bookmaker’s don’t tolerate winning sports bettors over the long term. Whilst you can make good money from sports arbitrage. Once a bookmaker realizes that you are doing it they will cut off your limits or close your account.

Sports betting arbitrage is a great short term way to make money betting on sports. But it should be noted that it isn’t a long term option unless you can constantly create new betting accounts.

Interested in arbitrage betting!

Click Here For Our Guide To Sports Betting Arbitrage

Tipsters

Finding profitable tipsters and using their selections to make a profit is a strategy that you can use. There are all manor of betting tipsters available on the internet.

Many of these tipsters are not profitable, in fact a large number are affiliates for bookmakers and profit from referred players losses. Which means they are incentivized to provide losing tips.

There are however some tipsters that have proven to be long term winners. Below is a list of articles where we have highlighted some of the best free and paid tipsters available.

Best Tennis Tipsters

Best Basketball Tipsters

Top free football betting tipsters on Twitter

Chasing Steam (Value Betting)

Chasing steam is a strategy that looks to take advantage of slow moving bookmakers. When money is coming in on a selection with sharp bookmakers this is usually an indicator that the bet has value. Betting these selections at slow moving bookmakers yet to update their odds is a very profitable betting strategy.

Value betting or “chasing steam” is a very simple strategy that has a lot of data backing it up. Simply by monitoring sharper bookmakers and betting exchanges, you can find value with other bookmakers.

Let’s take a look at an example!

Trademate Betting

In the example above Bet365 have Venezia at odds of 3.5.

The sharp bookmaker Pinnacle has Venezia priced lower at odds of 3.23. Which according to the value betting software highlighting this selection is a 4.55% edge.

By consistently backing odds at slower moving bookmakers Bet365, William Hill, Unibet for example. You are able to make money betting on sports long term.

Click Here For Our Guide On Value Betting

Boosts And Extra Place Terms

Next up on the list is another strategy that is very profitable and easy to implement. Bookmaker’s frequently offer boosted prices and extra place terms.

These boosted prices can be worth taking when they above bookmakers or betting exchange prices.

Betting Boost

Above you can see that Skybet have boosted the price of England to win the T20 world cup to odds of 4.5. At the same time this is priced at 4.2 with Betfair.

Make Money Sports Betting

This is a clear value bet due to the difference in odds.

Taking advantage of these bookmaker boosts for either value betting or arbitrage betting can be very profitable.

Extra Places

There are also sports such as horse racing and golf where bookmakers will offer extra places. When the odds between bookmakers and the betting exchanges are close, having an extra place can be very valuable.

Historical Data

There are some sports bettors that build profitable betting systems using historical odds data.

Cassini is a popular sports betting blogger that is noted to use historical odds data in order to find profitable strategies. Another advocate of this approach is Ian Erksine from FTS Income.

Make money betting on sports

Finding area’s that historically look like they offer value is a great approach. One that can be built on and is especially useful for those that have been limited or banned by most soft bookmakers.

You can find free football odds data here

How To Make Money Betting On Sports – Conclusion

In this article we have covered 6 different way to make money betting on sports.

Matched betting and arbitrage are an ideal way to make a low risk income from sports betting. They are very easy strategies to use and can open your eyes to opportunities that there are in the sports betting markets.

For the more advanced sports bettor that has already made use of bookmaker promotions. Value betting is a strategy that you should really be considering.

If you are an expert sports bettor that has already made decent profit but has found themselves limited and unable to get money down with soft bookmakers. Delving into historical odds and looking for profitable angles to use on the betting exchanges and sharp bookmakers, is something to consider.

Our advice is to take a look at Oddsmonkey which offer software for matched betting, value betting, boosts, casino offers extra places and much more!

 

OddsMonkey

Best Staking Strategy For Sports Betting

If you want to make money long term then it is vital you find the best staking strategy for sports betting. Most importantly finding a strategy that you understand and suits your risk level.

In this article we are going to take a look at several different sports betting staking strategies. Identifying which is the best strategy to use based on your experience level and what you are trying to achieve from your sports betting.

Alright let’s get into it!

Best Staking Strategy For Sports Betting

 

Level Staking

We are going to start off with the most simple staking strategy you can use for sports betting.

Level staking is a simple strategy were you bet the same amount of money for every selection. For example you may choose to bet a set amount of £100 per bet. You then stick to betting this amount for every bet whether the previous selection win or lose.

Level staking is a good strategy to use for beginners due to its simplicity. The problem with level staking however comes when you are backing at different odds.

level Staking strategy

If we are betting £100 on a selection that is odds of 2.0 (£100 to win £100). Then the market is saying that we have a 50% chance that our bet is going to win. The next bet we like however is odds of 4.0 (£100 to win £300.) which only implies a 25% chance.

Drawbacks of Level Staking

This is where the problem lies with level staking. Due to the lower win probability at higher odds, we risk long losing periods using level staking and increased variance.

Which can put our bankroll in danger.

Level staking is great if you are consistently betting at around the same odds for each selection. It is ideal for the Asian Handicap market where you might be backing close to evens each week.

The simplicity makes it ideal for beginners however the draw back is when you are betting at various different odds ranges.

Which brings us on to the next staking strategy.

Stake To Win

The next sports betting staking strategy is a personal favorite and ideal for those who are getting to grips with sports betting.

Stake to win is a strategy that involves staking to win the same set amount for every bet.

Let’s say we are looking to win £50 every time we place a bet. We can bet at various odds ranges and adjust our stake so that should the bet win, our profit will be £50 each time.

  • 2.0 – Stake £50 to win £50
  • 3.0 – Stake £25 to win £50
  • 5.0 – Stake £12.50 to win £50
Stake to win Strat
Example from a lay strategy where £50 was the target to win for each bet.

It is an ideal strategy when you are betting at variable odds or placing lay bets. The major benefit of this strategy is again its simplicity and sensible staking should avoid large volatility in your results.

In comparison to level staking where a run of losers at higher odds could ruin your bankroll. The stake to win a set amount strategy makes losing runs much easier to deal with.

Martingale System

The Martingale system is a popular staking strategy among many bettors.

In fact I was once at a friends wedding and got introduced to someone. The subject of betting came up and let’s call him “John” told me about this amazing system he had used to make thousands from roulette.

He explained to me how the Martingale system worked.

Now before you get excited John was either lying or had gotten very lucky as Martingale is a mathematically flawed strategy that will likely send you to the poor house.

Due to its popularity though it is something we should cover.

Martingale Example

The martingale system is a staking strategy that involves doubling your stake after every loss. When a winning bet occurs you revert back to your original stake.

  • Bet £10 at odds of 2.0 it loses, move on to the next bet.
  • Stake £20 on the bet it loses again
  • Next bet is £40, another loss
  • £80,£160,£320,£640,£1280

You can start to see why this strategy is so dangerous. Losing runs do occur even with a solid long term winning strategy you can go through some pretty bad losing periods.

Even when looking to win only £10 per bet, It only takes 7 loses in a row for the next bet to be £1280.

In order to win £10!!!

Martingale Strategy

Martingale is not a strategy you should ever consider using seriously in betting. The risk vs reward of using this strategy is pretty terrible and even the best sports bettors in the world go through losing periods.

It is much smarter to accept that you will go through losing runs. However if your sports betting strategy does have an edge you will win long term!

Kelly Criterion Staking Method

On to Kelly staking which is a favorite of many professional sports bettors. It is however a strategy that is suited to the more experienced sports bettors. Who has a good understanding of what their edge in the betting market is.

The Kelly Criterion is a variable staking method that takes into account the probability of a bet and the implied edge. As the implied edge becomes bigger the suggested bet size also increases in relation to the odds.

Sounds complicated right?

Although it lacks the simplicity of stake to win or the level staking method. The Kelly Criterion isn’t as complicated as it sounds. Also there are a lot of Kelly staking calculators available online that do the hard work for you.

Kelly Staking Calculator

Kelly Staking Calculator Link

Using the calculator above or a similar, makes using the Kelly Criterion for sports betting accessible to anyone.

Kelly Criterion Formula

Stake = ((Decimal Odds x % Estimated Win Probability) – 1) / (Decimal Odds – 1) * 100

Stake = Optimal size of stake

Decimal Odds = Odds offered by bookmaker or exchange

% Estimated Win Probability = Estimated probability of bet winning

Negatives Of Kelly Criterion Staking Calculator

The Kelly Criterion is often seen as over aggressive and risky due to its high level of suggested staking. Many professional sports bettors suggest using a 1/2 or 1/4 Kelly. Which is a much lower risk and more suitable for sports betting.

The other drawback of the Kelly criterion is that you need to be able to identify your edge in the market down to a specific probability.

Trademate Kelly Staking
Value betting software Trademate uses Kelly staking

Fibonacci Staking

The Fibonacci staking system works by increasing your bet size after every losing bet. It is a negative progression system much like martingale.

Next up is the Fibonacci staking system which much like the Martingale system is used on bets around evens. The Fibonacci system was designed to help bettors recuperate their losses. Again however it is viewed as a mostly flawed system for sports betting due to its staking progression.

Whilst not as aggressive as the Martingale system, long losing periods using the Fibonacci system would suggest staking thousands to win £10.

In the Fibonacci sequence, every new number equals the sum of the previous two numbers. Let’s start at staking £10 to show how the sequence would work.

  • Bet 1 = £10
  • Bet 2 = £10 (to recuperate £10 lost)
  • Bet 3 = £20 (£10 +£10)
  • Bet 4 = £30 (£10 + £20)
  • Bet 5 = £50 (£20 + £30)
  • Bet 6 = £80 (£30 + £50)

Much like the martingale system, the Fibonacci system is not for the serious bettor. Whilst you will make lots of small profits, there will always be the one long losing streak which will wipe out your bankroll.

It is a popular system among casino bettors, however it is not advisable to use this strategy if you are serious about making money from sports betting.

Best Staking Strategy For Sports Betting – Conclusion

What is the best staking strategy for sports betting?

 If you are a beginner beginners then staking to win a set amount is a great strategy to use. It is very simple, lowers the volatility that betting at variable odds can bring and is easy to implement.

If you are a successful sports bettor then it is also a staking strategy that is easy to scale up. Perhaps you start betting to win £50 initially.

Doubled your bankroll?

You can now start staking to win £60, When your bankroll increase so does the amount you aim to win. If your bankroll decreases you can always lower the amount you are staking to win.

For the advanced sports bettor. Who understands what their edge is and has proven to be profitable over a large sample size of bets. Look towards 1/4 or 1/2 Kelly staking.

Overall the best staking strategy is the going to be the one that suits you. Its the strategy you are comfortable with and confident in implementing!

Useful Article – How To Make £100 A Day From Sports Betting

Making A Million From Sports Betting And Trading – September 2022 Results

September Results

September was an interesting month.

Enjoyed football being back in full flow until the dreaded international break. There were some exciting UFC events to bet on and I spent much more time looking at live betting/trading football.

Let’s take a look at how things went in Month 66 of the challenge!

Making A Million

Value Betting/Trading

Not a great month for value betting which hit a pretty bad losing streak pretty early on. Didn’t find any really big pre match trading opportunities either to counter the down swing.

The international break also meant a reduction in the amount of bets compared to last month.

Value Betting

In total there were 176 bets made in September.

A total loss of -£1197 was made.

Overall a disappointing month for value betting and pre match trading. However long term the strategy is solid, I know it works just got to continue to put the work in.

Not Familiar With Matched Betting Or Value Betting ?

Read Our Guides Below

Matched Betting Guide

Value Betting Guide

Advantage Play – Casino Offers

Been a while but finally hit a decent win on a casino offer.

Betfair had been running a bet £25 get £5 bonus promotion for a few weeks, which was plus ev. Managed to hit a bonus round whilst staking £5 and won £651.

Casino Win

Overall I took part in 13 casino offers during September.

A profit of £697 was made in total.

Click Here To Read Our Guide To Making Money From Casino Offers

Smart Sports Betting Community/MMA Results

Booked in a losing month for MMA betting.

One bet that I was really confident in was Jake Collier to win inside the distance. This looked like it was going to cash in the few minutes as Collier put a beating on Barnett for most of the opening round.

However props to Barnett, he was incredibly tough and came out to finish Collier in the 2nd.

UFC Bets

Overall I made 6 MMA bets this month and a loss of -£392 was made.

Horse Racing Tipsters

Down to following one horse racing tipster at the moment. That horse racing tipster is Kieran Ward’s Value Tips (free SBC tipster.)

Occasionally I also have my own horse racing selections which are based on market movement.

From the start of September horse racing bets were in the red. This continued throughout the month and there were many days where no selections were placed.

Overall a loss of -£227 was made from horse racing.

FTS Systems

FTS is a subscription service that offers a wide range of data to help you develop profitable betting strategies.

Currently I am running 3 season long strategies. One strategy focuses on laying the draw, the second strategy is goals based backing unders. The third strategy is again a lay strategy on the match odds markets.

During September these three strategies combined made a profit of £699.

In-Play Betting (Football and UFC) And Misc Bets

Last month I started looking a lot more at the in-play betting markets for football. This is something I have looked at previously but this month I approached it slightly differently .

The video below outlines an in-play trading session on football, discussing some of the strategies used.

Alongside the in-play betting, I also follow selections from a few podcasts and articles.

The football guys at Matchbook Insights are worth a listen with Mark O’Haire in particular being pretty sharp.

A total of £1553 was made from in-play betting and misc bets.

Results For September

Value Betting – –£1197

Casino Offers – £697

MMA – –£392

Horse Racing Tipsters – –£227

FTS Income – £699

In-Play Betting/Trading And Misc – £1553

September Results

Total Made In September

£1133

Overall Profit Since The Challenge Began

£162,252