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


Overall Profit Since The Challenge Began


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!



Types of Gambling Options at Best Horse Racing Gambling Sites

In this article we are going to take a look at the different type of bets you can make in the American horse racing markets.

There are generally two gambling options for horse racing bets, depending on how daring you want to be. Most bettors prefer to stick with straight bets with lower odds, while others would instead opt for exotic bets with higher odds.

In this guide, we’ll discuss the various gambling options that can help you make better decisions and bet like a pro at some of the best horse racing gambling sites.

Horse Racing Bets


Straight Bets

There are a couple of exciting gambling options under the straight bet types. It is also a standard player option because it’s easy to understand. It involves choosing a horse and gambling on it to come in first, second, or third.

Win Bet

The simplest on the list is gambling on your horse to win the race, which has the highest odds too. So if your horse wins the race, you win the bet and cash your ticket.

Place Bet

This option is similar to the win bet but throws more weight behind your winning chances. Hence, you are wagering on your horse to finish first or second. The odds here are lower than the win bet, though.

Show Bet

Show bets offer the lowest odds among the three options. Once you choose a horse, you wager on it to come in first, second, or third. The additional possibility increases your chances of winning and reduces your odds.

Across the Board Set

Think of this as a combination of all the gambling options above. So when you bet two dollars on the number three horse across the board, it means you’ve placed a bet on it to win, place or show on a single ticket.

The total bet will be worth six dollars since you’ve made complete bets on three scenarios. You can combine them differently, such as win/place, win/show, etc. Each combo will cost you a separate bet but will be on a single ticket.

Exotic Bets

Exotic wagers differ from straight ones because they allow you to bet on multiple horses in a single wager. However, the combination means you’re up against more difficult odds because it’s more complicated to win than straight wagers. Asides from taking more weight off your pocket, they also require advanced knowledge of horse racing.


The good news is that you get much greater odds, so it’s a game with higher risk and rewards. There are two types of exotic bets; horizontal wagers and vertical wagers.

Horizontal Bets

Think of parlay bets when you see horizontal wagers because you get to select winners of consecutive races before the first race series begins. There are different combos here too, which include Daily Double, Pick 3, Pick 4, and others.

Daily Double

This variation of horizontal bets allows you to pick the winner of two consecutive races before the race starts. So if you like the number one horse, you can want it to win the first race, then choose another to win the next race; you can also select number one to win both races if you believe it can.

Pick 3

Pick 3 is similar to the Daily Double variation because you have to select the winner of consecutive races, but this time, three races ahead. Again, ensure you know the minimum wager your gambling site provides.

The parlay system here differs from conventional ones because you aren’t required to make multiple bets on multiple outcomes. For example, instead of gambling$3 on a parlay bet (with three variations) with a minimum bet of $1, you can bet $1 on the winner of all three races.

Pick 4

Pick 4 is a four-race parlay equivalent to three race parlays discussed earlier. So you have to pick the winner of four consecutive games before the first race. Each combination will cost you the same amount. It works the same way for the Pick 5 and Pick 6 gambling options.

Vertical Bets

Vertical wagers allow you to use select the finishing order of a race. Like horizontal wagers, it starts from two (Exacta) to three (trifecta) and four (superfecta). Exotic vertical gambling options like Exacta, Trifecta, and Superfecta are designed to help the handicapper to select an order for multiple horses, but they can either be straight or boxed.


To win on Exacta bets, you must correctly choose the order in which the first two horses finish the race. You will identify which horse will take the first position and finish second.


To win on Trifecta bets, you must correctly choose the order in which the first three horses finish the race. For example, you will identify which horse will take the first position, which will finish second, and the horse that comes in third.


To win on superfecta bets, you must correctly choose the order in which the first four horses finish the race. For example, you will identify which horse will take the first position, which will finish second, the horse that comes in third, and the one that finishes fourth.

Boxing Exotic Bets

Boxing bets are not types of bets but strategies you can use within several kinds of bets. It gives you an alternative to box the order of the horses, so you don’t have to worry about the specific order. Here, they have to finish in either the top 2 (Exactas Box), top 3 (Trifectas Box), or top 4 (Superfecta Box).


This gambling market is a special option that fits into the boxed exotic categories. It allows you to choose which horse finishes first and which comes second without considering the order. So you can wager a two-horse quinella and get the same features as a two-horse exacta box bet. The difference is that a quinella is a single game, so you can play a two-dollar quinella for two dollars, while a two-dollar exacta box costs four dollars.


Whatever type of bet you are looking to make. Making sure you have a solid sports betting staking strategy is going to be key.

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

After a fairly disappointing June, did things rebound in Month 64 of the “Making A Million Challenge!”

July overall was another quiet month betting wise but things picked up at the end of the month with lower league English football returning.

Another highlight of the month was seeing the England women’s team win the Euros. The women’s game gets quite a bit of flak but I really enjoyed it. You see way less play acting and general shit housing, it was refreshing to see players get hit with a hard tackle and then just get up.

Generally they just seemed like they wanted to get on with playing football.Rather then use every little physical altercation as an opportunity to get teh opposition carded.

It highlighted really how pathetic a lot of male footballers are in the modern game. How rolling around pretending to be hurt just became an accepted part of the men’s game. I will never understand the decision to let it become an accepted part of the men’s game.

Seeing grown men, who are role models for millions of children act this way again just seems really pathetic.

Anyway enough rambling, let’s dig into the results.

Making A Million

Value Betting/Trading

Still a fairly quiet month for value betting.

The women’s Euros did throw up some selections, as did the UEFA qualifiers. Had a quite a few bets in the MLS and some of the summer leagues also.

August will see things ramp back up however with the return of major European leagues.

Value Bets July

In total there were 135 bets made.

A total profit of £811 was made.

Not Familiar With Matched Betting Or Value Betting ?

Read Our Guides Below

Matched Betting Guide

Value Betting Guide

Advantage Play – Casino Offers

Very small amount of casino offers done this month. There is much more that I could be doing here. In honesty it’s just a lack of interest on my part to grind casino offers at the moment.

I did 3 reload offers this month.

Losing £80 in total.

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

Smart Sports Betting Community/MMA Results

It was an improved month on the MMA betting front.

Felt like the things had been going against us the last couple of months. The misfortune which was Tom Aspinall breaking his leg 15 seconds into his main event fight against Curtis Blaydes. Gave us some profit in what I expected to be a competitive fight.

So the MMA betting gods seem to shining some favour our way again, Praise Odin!!

A profit of £575 was made from 15 bets.

MMA Bets

Horse Racing Tipsters

Pretty sure last month was the worst month on record for horse racing bets.

It was pretty much a month of consistent losers and gave back much of the profit made since Beth Bet folded.

The current racing tipster portfolio consists of 3 tipsters.

Hansbury Racing was the big loser this month . It really struggled to hit much this month and has been giving back most of the profit it previously made.

Horse Racing Bets

Overall a loss of -£1025 was made from horse racing.


My venture into the world of golf betting might be coming to an end soon. It’s been 11 months since I started golf betting and after last months results the overall graph is standing at -£25.

There has been some missed bets and using the exchanges only means that there isn’t the advantage of extra places. However I am starting to feel like my time might be better spent elsewhere.

In July a total of -£257 was lost betting on golf.

FTS Systems

This month I got the chance to delve into the data that FTS Ultimate provides.

It’s been really interesting getting a chance to look at the historical odds data and models that you get with FTS. I have had theories about strategies that might work long term, in the past.

“Yes I knew I was fucking right!” or “Ah balls I really thought that would work!”

Actually getting to confirm whether that is true or not with actual data is really rewarding.

Pretty excited to see how this goes in the long run. The fact that it looks possible to have winning strategies in high liquidity markets. Where I don’t have to worry about bookmaker limitations is very appealing.

From FTS Ultimate I have developed 6 systems that I am pretty sure will win long term.

For this season I will stake pretty conservatively at £50 a point.

Going forward there will be a lot more selections but this month there were 8 bets.

A loss of -£137 was made.


Misc includes profits or losses made from anything that is noted down on the previous headings. This is usually from following from bets from free tipsters. That I don’t individually record.

A loss of -£135 was made


Results For July

Value Betting £811

Casino Offers-£80



Horse Racing Tipsters£1025


July Overall

Total Made In May


Overall Profit Since The Challenge Began




3 Tips – How To Win In An Online Casino To Make Consistent Profits

Online Casino Winning
Source – Unsplash

The online gambling industry grows changes every year.

Now, it is possible for almost anyone of legal age to access an online casino wherever they are. However do online casino’s actually represent an opportunity for making money online.

Global statistics display that up to 26% of the world population are gamblers. This percentage amounts to about 1.6 billion gamblers and about 4.2 billion people who gamble at least once per year.

Despite there being such a huge number of gamblers, there are only about 5% of bettors who make a profit from most of their wagers. This number, of course, translates into over 90% of people who lose big time in the gambling industry.

In this article we are going to take a look at 3 ways to consistently make a profit from online casino’s.

How To Win Online Casino Games: Top 3 Tips

The first thing that you need to understand if you want to make money from an online casino, is that you need an edge. An edge is something that flips the casino’s advantage to the player.

Most commonly an edge is found through using a casino’s bonus program, cashback or free spins. All of these can flip the edge that the casino normally has to the player.

You don’t need a lot of money to start doing this either. Today, there are a lot of low deposit casino offers such as these $5 minimum deposit sportsbook sites on the internet. Most of these sites offer players bonuses for making a deposit.


Choose A Reputable Casino With No Restrictions

Before we get on to how to make consistent profits from an online casino. The first thing you want to do is make sure you choose a reputable casino site to open an account with. There are thousands of online casinos to choose from, so it is not easy to make a choice. However, there are some factors to consider that will help you make the right choice.

Before choosing a casino, you must consider factors like Licensing, Customer Service, Bonus Offers Available, and Website Design/Responsiveness. Today, there are so many illegal casinos that operate online, and some of them scam gamblers.

So it is important to do your due diligence and research the casino you open an account with.

Tip 1 – Utilize Casino Bonus Offers

Bonus offers are one of the remarkable features of gambling online. Moreover, a wide range of online casinos provides profitable bonus offers. What makes it more interesting is the numerous money-making strategies available to earn from these bonuses.

These bonus offers can bring consistent profits for gamblers if utilized properly. Most casinos offer these bonuses as a marketing strategy for attracting new users. However, you must also be careful, as some casino sites offer ridiculous bonus terms.

In most cases, casinos offer high wagering requirements for withdrawal of winnings made with bonuses or even a high withdrawal limits. While searching for a casino with a good bonus offer and reasonable terms, you should utilize these bonuses to extend your betting time and reduce the direct usage of your real money deposits.


Most casinos offer welcome packages for new players; however, there are also VIP programs and rewards for returning customers on the site. From free spins, no deposit bonuses, and other promotional offers, you can take advantage of these bonuses to get yourself acquainted with the major games and even stand a chance of winning without using real money.

Tip 2 – Use Cashback Sites

One of the easiest ways to make money from an online casino is through using cashback sites. In the video below I explain exactly how to do this and lock in £58 profit in under 10 minutes.

Using cashback sites and wagering using casino games that have a very low house edge. Is a great way to make some consistent profits from online casino’s.

You can read our guide on making money from cashback offers here!

Mega Casino Offer


Tip 3 – Understand How The Casino Makes Money

A great method to improve your profit in casinos is to understand the rules of casino games and the major strategies involved in playing them. Without any doubt, most casino games are luck-based; however, you need to understand the rules to maximize your winning potential.

In most cases, it is advisable to check the RTP (Return To Player) of a game before playing it. The value of a game’s RTP typically represents how often a gambler can win and how much they can get from the lost wages in the long run. Thus, it is advisable to go for casino games with a high RTP when exploiting a bonus.

Casino games with low house edges like Blackjack, Baccarat, Online Slots, and Video Poker games that should be looked when you have a wagering requirement to get through.

Though most casino games are easy to understand, most of them take a while to master. So, as a gambler aiming to make a profit consistently, you must carefully understand the rules and how to play the games well.

In most casino sites, you can start with the demo editions of these casino games to understand gaming concepts before making use of your real money.

Extra Tips For Winning At Online Casinos

Other than the three methods mentioned above, there are other ways to improve your profit from online betting at casinos. In this section of this article, we will look at these tips and how you can implement them.

Find Suitable Banking Methods

Online casinos offer numerous payment options, from wire transfers to credit/debit cards, e-wallets, and other mobile banking methods.

Though there are numerous payment options, you should be careful about transaction fee’s eating into your potential profits.

Today, some of the best payment methods in casinos are e-wallets and cryptocurrency. Though some e-wallets also incur costs, most cryptocurrency transactions are free and instant.

Quit When You Have A Bad Day

Even with the advantage of a bonus, cashback or free spins. You will still have losing periods.

If you feel annoyed or stressed and perhaps start gambling without the advantage on your side. It is advisable to step away and regroup for another day.

Best Casino Games For Profit

It is well known that in the gambling industry, the casino always wins (unless you are playing with a bonus.). However, some games with a low house edge will allow you to profit when you are given favourable terms.

While playing these games with the right terms, a gambler stands to make more profit and even beat the houses in the long run. Now, let us look at the most profitable games for gamblers in online casinos.


Blackjack is one of the world’s most popular casino games and one of the most profitable for players. With a low house edge of about 1%, a player stands to make more profit from the game than the house. Thus, players are likely to bag huge wins from this game. Though Blackjack relies on luck, it is partially skill-based, as there are some strategies that players can utilize to maximize their winning rates.

Optimal Blackjack Strategy

Known for being one of the oldest card games, Blackjack is available at almost every casino online. From the European Blackjack to the Classic Blackjack and Spanish 21, there are numerous game editions for players to choose from.


Baccarat is a casino game that completely suits high rollers; however, its profitability makes it one of the best casino games. Aside from being the oldest card game, Baccarat features a relatively low house edge of about 1.06 to 1.24%, so players stand a chance of winning more.

Of course, the statistics above don’t guarantee that you will win every Baccarat game, as it is a luck-based game. However, you stand to make a profit with this game, especially in the long run. Though there are some similarities between Blackjack and Baccarat, some differences set them apart, especially in their rules.

Slot Machines

Slot machines are one of the most fun-packed games in the history of casinos. Though there have been a lot of speculations regarding the credibility of slot machines, it remains one of the safest casino games. Moreover, all results from slot machines are from RNG (Random Number Generator) software. As a result, every draw produces a unique set of results that are not rigged.

The slot is the most luck-based casino game, but it guarantees a lot of profit to players, so there is always a chance to win big. There are a lot of slot titles in online casinos. Today, some casinos feature over 1,000 slot games, and many game providers still publish new titles every year. Slot games are always themed, so they often captivate players and present a fun environment while creating a platform for profit.

Live Poker

Poker is one casino game that needs no introduction, as it has a deep history in the industry. Like most games, you improve in poker with the more hands you play. Unlike online poker, where there is an average of 100 hands per hour, live poker gets around 30 hands per hour on live tables.

Though this creates more room for growth in online poker, live poker remains an easier option. Thus, it is easier for players to bag wins in live poker. In some cases, live players tend to be loose, creating chances for careful players to excel and bag huge wins.

How To Improve Your Overall Gambling Experience In Online Casinos

Following the advent of modern technological innovations in casinos, gambling can be a fun-packed experience. With that in mind, it becomes even more difficult to control yourself amid these technologies. However, it is always advisable to stay conscious, as excessive gambling can lead to addiction.

Approximately 3 million adults in the United States have serious gambling issues. Of course, there is also a large percentage of young adults who face these gambling problems. With the statistics above, you can only imagine the number of gamblers who have these gambling issues on a global scale. Gambling is always a fun experience; however, once done excessively, it becomes a major problem. Using responsible gambling tools is an excellent way to keep your gambling habit in check.

With these tools, you can always limit your gambling sessions to control yourself and the urge to continue gambling. Most online gambling sites offer a wide range of tools that enable gamblers to keep their gambling habits in check. You can consider taking these responsible gambling measures at the slightest detection of potential gambling addiction.


There is so much involved in making consistent profit from online casinos. You have to choose a reliable casino, utilize bonus offers, use the right banking methods, and consider responsible gambling measures.




Live Betting on Football: Discussing Advantages and Pitfalls

Live Betting

Few innovations in sports betting have been as revolutionary as live betting. The ability to place a wager on the action happening before us has been a boon to many punters, although it needs to follow an effective strategy.

While most sports offer live betting these days, football remains the big draw. As a result, you’ll find 100s of in-play markets, particularly for big matches in the Champions League, Premier League and Europe’s other top divisions.

But when it comes to a live betting strategy, is there anything about that medium that gives us a particular advantage? And, on the other hand, are there any pitfalls?

The answer is yes and yes.

To be clear, we want to look at the emotional side of live betting here, how it makes you feel about placing a bet.

React to shifts in momentum

Starting with the advantages, we can say one of the fundamental benefits is that it allows you to react to shifts in the momentum of a game. We have all been there before where we have backed a team fully convinced that it will win, only to see the players really off it as soon as the game starts.

Want an example?

Look no further than the 2014 World Cup Semi-Final between Brazil and Germany. Pre-game, Brazil were clear favourites to win the match in front of tens of thousands of home fans at the Maracanã Stadium, but within minutes we knew something was wrong as the Brazil players looked visibly shaken.

Final result? 7-1 Germany.

The point is that live betting is a gift in situations like that where you can pinpoint what’s happening in front of you is not reflected in the odds.

Ask yourself this question: How quickly could bookies react to the debacle in the Maracanã? Not quick enough.

Of course, a football match that took place eight years ago is just one example. But within games, you often get mini-shifts in momentum, a sense of inevitability that the match is going to turn on its head. The stunning shift in momentum when Liverpool beat Barcelona 4-0 (coming back from a 3-0 aggregate deficit) in the Champions League in 2019.

If you want a more recent example, how about when PSG fell apart against Real Madrid last month? A 17-minute hat-trick from Karim Benzema may have stunned pundits at the time, but you could see the PSG defence was all over the place. For some, the Madrid comeback felt inevitable.

Live betting can be emotional

So, what, if anything, represents the pitfalls of live betting on football? Well, for a start, those shifts in momentum can be deceptive at times. Moreover, they can make you doubt your previously concrete assessment of an event. All football games ebb and flow, even when stronger teams play weaker ones.

The point, as such, is that live betting can sometimes lose the courage of your convictions. It might sound like a cliché, but good teams often win when playing badly. Quality players will have moments that determine the outcome of a game, even if things aren’t going well around them.

Manchester United have made a habit of this in recent years. Yes, they have become a laughing stock among rival fans. But objectively speaking, they have achieved good results when playing badly.

Perhaps the most significant pitfall of live betting is that it’s too emotional. By that, we mean you are going to experience a range of highs and lows during a match, particularly when you have money riding on it. Everyone knows that you bet better with a cool head and live betting allows you to reach instantly: if it’s pulling on your emotions, then you might not be following the best path.

Of course, whatever you do with live betting, you should remember to always keep in mind the strategy you have set yourself beforehand. It’s all too easy to keep tapping the bet now button when watching a game. It should be fun, not stressful.

So bear that in mind the next time you bet in-play.

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.


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





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.


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 –


Advantage Play – Casino Offers




Sports Betting


The Basketball Geek


Free Tipster Experiment


Making A Million Challenge

Total Made In March


Overall Profit Since The Challenge Began


Remaining Target


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

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 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.


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 –


Advantage Play – Casino Offers




Sports Betting


The Basketball Geek


Free Tipster Experiment


Total Made In January


Overall Profit Since The Challenge Began


Remaining Target


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

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 can get the first month half price using the link below)

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month  (Annual Subscription)

Tipster Spotlight – July

At Smart Sports Trader the aim has always been to find methods/strategies/ways to make money from the sports betting and casino markets.

Covering matched betting, arbitrage betting, value betting, sports trading and exploiting casino offers

We have shown that there are various ways of taking on these markets and profiting from them.

As a new feature of the website we are going to be looking at some of the most promising betting tipsters from around the internet.

Let’s take a look at the tipsters featured in July’s tipster spotlight.



Stahobettor is a tipster that focuses on the Polish football markets.

Providing tips for a variety of different Polish leagues and a variety of different markets.

Currently they offer free selections through Telegram, you can find Stahobet on twitter at

Stahobettor Results

From the start of June Stahobettor has produced a small profit with a 4.2% after 52 bets.

Which doesn’t look that impressive on first glance but it is a very small sample size.


Stahobettor Results

Stahobettor is definitely a quality over quantity tipster.

The most impressive part of his selections are the reasoning behind the bets and his knowledge of Polish football.

Stahobettor is often able to crush the closing line by large amounts due to his knowledge and the information he receives.

Here is an example below.

This bet was tipped at 2.2 which Betvictor however I took it a little later with Asian Odds.


Here is the market on Betfair shortly before the game began.

Stahobettor Betfair

This selection wasn’t a one off as Stahobettor has been consistently able to tip selections that would close at a much shorter price.

The ability to do this over and over again is a big indicator that a tipster is going to be profitable.

In my opinion Stahobettor is easily one of the best free tipsters I have come across on the internet.

Are Soft Bookmaker Accounts Needed?

For some of Stahobettor’s selctions you will need soft bookmaker accounts. 

Some selections for example were only available at Bet365, like with most tipsters having access to soft bookmakers allows you to get the best price possible.

However not all selections require soft bookmakers especially in the Polish Ekstraklasa (Top Division) where I found I could bet with Asian Odds or the exchanges.


Stahobettor is an excellent tipster.

If you follow his bets then it is likely your soft bookmaker accounts will be limited eventually.

However that is not a negative it is just the reality of betting with these bookmakers, if you are profitable then they don’t want you as a customer.

Also as stated above you can still follow some of his selection using the betting exchanges and Asian bookmakers.

Stahobettor gets a recommendation from me as I have little doubt that long term you will make money following his selections.

Stahobettor Twitter

The Basketball Geek

The second tipster that we looked at in June was the Basketball Geek from the Betting Gods platform.

As you expect from its name this tipster focuses specifically in the Basketball markets.

Basketball Geek Results

Since the beginning of June there have been 207 bets with a profit of £218 to £10 stakes.

Something Betting Gods have been guilty of in the past is having very wide variable staking with some of their previous tipsters. 

Which resulted in some tipsters staking 10 points on selections at odds of 9.00 then following that with a 1 point stake on a selection at odds 2.0. 

This didn’t make a lot of sense and lead to questionable long term roi figures that were heavily influenced by one or two big odds selections winning. 

So it’s nice to see a tipster with level staking.

The majority of tips are on handicap lines and the over/under market however there is occasionally a 1×2 selection at higher odds.

Are Soft Bookmaker Accounts Needed?

Much like Stahobettor these selections are not in markets with a lot of liquidity so soft bookmaker accounts are a big benefit.

Bet365 probably being one of the most important as they are generally slower to lower there odds.

If you are quick to bet selections. I have often been able to match the quoted odds using Asian bookmakers.

Having looked at Betting exchanges there is often very little money in the markets so that doesn’t look like a viable way of betting these selections.

The Basketball Geek sends out selections at 08.00 everyday with the odds available at a number of bookmakers.

Odds do tend to generally shorten throughout the day so to be able to bet them early is beneficial.

Occasionally I have also found that a better price is available with one bookmaker.


I have been impressed so far with the Basketball Geek.

He seems to have a clear edge betting in the basketball markets.

Again as mentioned previously with Stahobettor’s selections. Long term betting these selections with soft bookmakers is going to see your account limited eventually.

But that shouldn’t put you off, as its an inevitability that if your a profitable sports bettor this is going to happen.

The Basketball Geek looks to a be a very promising tipster and is one that we going to continue to monitor.

Click Here If You Want To Trial The Basketball Geek For 15 Days


(If you are running a profitable tipster service and would like to be featured in the tipster spotlight. Send an email 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 – May Results

Making A Million

Sports are gradually returning and things are looking up from a sports betting/trading perspective.

Again my main focus this month was on casino offers but the return of German football has been a welcome one!

Sports Betting and Trading Challenge

Looking ahead June promises the return of the Premier League along with other football. 

This brings more value betting opportunities and also matched betting opportunities which in turn should mean there is more profit to be made.

But for now let’s take a look at results from May in the ongoing making a million from the sports betting markets challenge.

Advantage Play – Casino Offers

Let’s start with where most of the profit came from in May.

In May I did 235 offers.

A total profit £1372 was made. 

Another solid month of profit from casino offers and I got the chance to check out a new service Bonus Accumulator, which I was impressed with. They highlighted pretty much all the offers that I been previously manually working out and seem on top of finding as much value as possible from casino offers.

So going forward that will be the service that I use to exploit casino offers.

Casino Offers May

If you are still not taking advantage of casino offers and interested in leaning more.

I have linked a video and article below which should be helpful.

Article – Make Money From Casino Bonuses

Video – How I Profit From Casino Offers

Service Used

Bonus Accumulator (Click Here For The Review)

Subscription Cost – £12.50 a month  (Annual Subscription)

Matched Betting – Sports Offers, Arbitrage, Value Betting

There were a few matched betting offers around and I managed to pick up some value bets.

Although it didn’t seem like the market was able to adjust to there being no crowd. So relying on the market price to indicate value might not have been the best idea.

You could see this as starting prices in football didn’t seem to mean much and there were massive adjustments made in-play after 10 mins in the match odds market.

During May I made 59 bets.

A loss of -£127 was made.

Services Used

Oddsmonkey (Click Here For The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Bookie Bashing

Sports Betting Results

In May I made a total of 24 bets.

A loss of £45 was made.

During May I had a look through my long term betting results as for the last year I have been a losing sports bettor.

I also delved deeper into my long term stats dating back to 2017.

Betting Results

From the graph I can see that I am performing well betting MMA and also in-play MMA/Football over the long term (This is shown as No Sport on

Although the sample of bets isn’t huge it looks like my pre match football bets (red line on the graph) are not really making any money. 

It makes sense going forward to increase my bet size on Mixed Martial Arts and leave betting pre-match on football alone. I am very confident in my edge betting MMA markets but obviously football markets are a lot sharper.

Hopefully this change should see a decent profit made over the coming year.


Previously I had been using Trade On Sport and FTS Racing. I won’t be using these services until sport resumes in normal form. Both are good services and I am confident long term they will be profitable but during this period I want to be cautious. 

My main focus is going to be on area’s that I am confident I have a large edge in ( Casino offers, mma betting, pre-match trading.)


Matched Betting – Sports Offers


Advantage Play – Casino Offers


Trading Results


Sports Betting


Total Made In May


Overall Profit Since The Challenge Began


Remaining Target


Thoughts Going Forward

Got to admit I have been pretty disappointed with results this year after doing really well last year, I hoped that momentum would continue.

However at the end of the day it is only betting and with everything that’s happened I should really be grateful for everything that I have already. For a lot of people that live on this world there is no opportunity to make money from the sports betting world. 

In fact there is very little opportunity for them at all.

Puts things into perspective, anyway moving on to June.

The return of the Premier League is sure to bring more matched betting offers to the table and should be some good pre-match trading opportunities.

Thanks for reading, hope you have a profitable June.