General Sports Betting Archives - Page 2 of 2

Making A Million From Sports Betting November 2023 Results

November marked month 80 in the “Making A Million Challenge”, with this year so far being one of the more uninspiring ones.

In November I decided to try and right the ship by focusing on my own betting. Seeing where I could make improvements and analyzing where mistakes were being made.

Let’s take a look at the results!

Value Betting And Trading

It was a much better month for value betting in November with a profit of £1656 being made after 329 bets.

Nice to get a solid month from value betting where I have been putting in a decent amount of work to find new edges and this month it started to pay off.

Most of the bets were on football with a few bets in other sports mixed in. Overall the goal is always the same, try to beat the closing odds.

This can be betting on exchanges, on limited accounts, with the few soft outs I have left and on the occasion in shops.

Click Here For My Recommended Value Betting Software With A Two Week Free Trial.

FTS Systems

FTS was the only service outside my own betting that I followed this month.

Due the fact that I have a separate bankroll allocated for it. Where as with other services such as Bets and Beers and Football Trading Club I use the same bankroll with my own betting systems.

In November I used 9 systems with a total of 72 bets

An overall profit of £1038 was made.

Horse Racing System

For a few months I had been testing out a horse racing system, backing horses and seeing over the long term if it beat the Betfair starting price.

Just looking at results for the first few hundred bets it didn’t look very promising. After 400 bets the system was up just under 8 points.

However tracking the odds placed vs the BSP.

Average Odds Placed = 5.7

Average Betfair SP = 5.2

It showed a clear edge and I started to back it with real money from the 20th of November. Which fortunately for me came at the time of a nice upswing.

Overall a profit of £678 was made.

Everything Else

In November there were two other strategies that I followed. These were very low volume so I will group them all together.

Casino Offers
MMA Betting

-£518 was made from this section.

November 2023 Total

Value Betting/Trading – £1656

FTS – £1038

Horse Racing System – £678

Other – -£518

Total Made In October

£2854

Overall Profit Since The Challenge Began

£183,865

Thoughts Going Forward

Feels really good to get a winning month in the books after two losing months and one breakeven month before that. One factor that I am happy about is that during this period I never made any stupid bets, didn’t increase stakes, no broken keyboards or smashed laptops.

I am human it pisses me off when I have losing days and long losing periods but this is ultimately the sports betting game. In the back of my head I knew I was doing the right things and eventually it hard to turn around.

If you still have your bankroll you can still play the game, if you bust your roll in a hissy fit then its game over.

Will continue to run things as they are then look at bringing in other services again in January. Feel confident that my new found edge in the horse racing will win long term and bring in a good amount of volume week to week.

Hope your betting went well, will return in December, fingers crossed with another strong month!

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

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!

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

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.

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.

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)

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)

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!

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
No Photo Needed (free Smart Betting Club Tipster)
Kieran Ward’s Value Tips (free SBC tipster.)

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.

Golf

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

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

Golf – –£257

MMA – £575

Horse Racing Tipsters – –£1025

Misc – -£135

July Overall

Total Made In May

-£111

Overall Profit Since The Challenge Began

£155,827

Bookmaker KYC Checks – What You Need To Know

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.

Watch this video on YouTube

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.

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.

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.

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.

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.

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.

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

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

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

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

Conclusion

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

Whilst the checks can be an annoyance and seem intrusive.

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

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

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

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

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.

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.

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

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

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

Only got a few cashback and reload offers.

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

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

Hopefully things pick up in April.

There were 61 offers completed in March
A total profit of £371 was made

Sports Betting Results

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

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

During March I made a total of 20 bet.
A total profit of £983 was made.

The Basketball Geek Results

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

Whilst it has been profitable following his selections.

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

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

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

But as you can see volume was pretty low.

There were 18 selections in total.
A profit of £56 was made

Read Our Review Of The Basketball Geek Below

Basketball Geek Review

Free Tipster Experiment

March saw the continuation of the free tipster experiment.

The idea is to take the best free tips available from a number of different sources and see if its profitable long term.
Staking is very simple, I look to win around £50 for each selection.

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

There were 212 selections.
A total profit of £296 was made.

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

Nigel Seeley – Twitter, Trademate Podcast.

George Gamble – Twitter, Trademate Podcast.

Mark O,Haire – Twitter, Matchbook Podcast.

Demtrio Giotti – Smart Betting Club Free Tipster.

Lucky Pucks – Smart Betting Club Free Tipster.

Bassie Bets – Smart Betting Club Free Tipster, Betmarkets.

Neil Macdonald – Twitter, Betmarkets.

Lehotka Botond –Twitter, Betmarkets.

Miguel S – Betmarkets.

Sergio P – Betmarkets.

Trading

March was a decent month on the trading front.

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

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

Overall a total of £432 was made from trading.

Thoughts Going Forward

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

Which would be a nice mile stone to get over.

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

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

Which will be Neil Macdonald’s football picks.

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

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

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

His long term record is excellent.

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

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

Results For March

Value Betting, Arbitrage, Matched Betting –

£157

Advantage Play – Casino Offers

£371

Trading

£432

Sports Betting

£983

The Basketball Geek

£156

Free Tipster Experiment

£296

Total Made In March
£2295
Overall Profit Since The Challenge Began
£111,460
Remaining Target
£888,540

Services Used

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

Recommended For Matched Betting/ Value Betting/ Arbitrage

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

Subscription Cost – £12.50 a month (Annual Subscription)

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

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

Subscription Cost – £110 a month (Monthly)

Recommended For Exploiting Casino Offers

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

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month (Annual Subscription)

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

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.

Value Betting, Matched Betting And Arbitrage

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

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

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

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

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

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

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

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

In January a total of 303 bets were made in.

A total profit of £538 was made.

Learn About Value Betting And Arbitrage Below

Arbitrage Betting Guide

Value Betting Guide

Advantage Play – Casino Offers

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

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

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

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

During January I did 101 casino offers.

A total profit of £1007 was made.

Sports Betting Results

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

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

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

In total there were 22 bets in January.

A profit of £858 was made.

The Basketball Geek Results

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

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

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

This month I bet 60 selections.

A loss of £112 was made.

Read Our Review Of The Basketball Geek Below

Basketball Geek Review

Free Tipster Experiment

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

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

Always taking at least the recommended odds.

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

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

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

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

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

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

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

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

In total there were 128 bets in January.

A profit of £716 was made.

Trading

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

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

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

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

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

Thoughts Going Forward

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

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

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

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

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

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

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

My £1000 initial investment is down around £200.

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

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

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

Results For January

Value Betting, Arbitrage, Matched Betting –

£538

Advantage Play – Casino Offers

£1007

Trading

£202

Sports Betting

£858

The Basketball Geek

-£112

Free Tipster Experiment

£716

Total Made In January

£3209

Overall Profit Since The Challenge Began

£106,340

Remaining Target

£893,660

Services Used

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

Recommended For Matched Betting/ Value Betting/ Arbitrage

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

Subscription Cost – £12.50 a month (Annual Subscription)

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

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

Subscription Cost – £110 a month (Monthly)

Recommended For Exploiting Casino Offers

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

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month (Annual Subscription)

Making A Million From Sports Betting And Trading – May Results

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!

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.

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.

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 Bettin.gs.)

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.

Services

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.)

Results

Matched Betting – Sports Offers

£-127

Advantage Play – Casino Offers

£1372

Trading Results

-£46

Sports Betting

-£45

Total Made In May

£1156

Overall Profit Since The Challenge Began

£83,537

Remaining Target

£916,463

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.

Matched Betting For A Living – Is It A Realistic Goal

Matched betting for a living probably seems like the ideal job for a lot of people. You get to stay at home and work exclusively from your computer. No boss to worry about, no annoying colleagues that you have to put up with.

If you are not familiar with matched betting please read this article

Sounds good right….. But is matched betting for a living possible?

Matched Betting For A Living

If you are a regular reader of this blog. Then you will know that I am currently undertaking a 50k in a year betting and trading challenge. The largest amount of profit from this challenge comes from matched betting and exploiting casino offers.

Here is a breakdown of profit made from matched betting

April Profits – £787
May Profits – £91 (made an error which cost me £330)
June Profits -£548

Here is a breakdown of profits from casino offers

April Profits – £885
May Profits – £1628
June Profits – £1108

So you can see that you can make decent money from matched betting and casino offers. However whether you could make a living from it depends on several factors.

Factors You Need To Consider

The biggest factor is how much do you need to pay the bills?

Some people can get by on a £1000 a month. For others its £5000 a month. Obviously this is the key point to consider if you were looking at matched betting full time.

How many ungubbed accounts do you have left? Do you have the resources to open more?

If you have been matched betting for a while. You will know that bookmakers don’t like it and will remove your ability to take part in promotions. After that you can use these bookies for arbing or value betting. Eventually however the well runs dry and you don’t have any more options.

Are there friends and family members that you could teach about matched betting? Perhaps take a percentage of their profits?

Job Security

You might find your job mundane and boring as hell. But is also might be very secure with a pension plan and sick pay. Matched betting for a living is quite a uncertain profession.

How long will you be able to make a living from it? Will new rules come into place which make it harder? What if bookmakers stop offering promotions?

If you do leave your job to pursue matched betting full time. Will you be able to return should things not pan out?

On the flip side though could matched betting provide you with an income that will open up opportunities in the future. With enough resources you can compound your profit over and over. This could enable to reinvest your money into pursuing a job you would enjoy.

Matched Betting Bank

Another important question to ask yourself is how much money do you have saved up?

You would need enough to cover the cost of your bills. But also have enough to spread around different bookmakers and exchanges. So that you could make the most of the matched betting offers when they are available.

It is hard for me to make an exact estimate as everyone’s situation is different. But I would say you would want to have at least enough money to pay your bills for 6 months. Then have an extra £5000 bankroll or more just for matched betting.

If you are going to take advantage of higher risk casino offers. Then you would probably want an even larger bankroll on top of money to pay the bills.

Conclusion

In this article I have pointed out some of the negative and positive aspects of matched betting for a living. If it is something you are considering my advice would be don’t rush into it.

Especially if you are quite new to matched betting it may seem like the holy grail. There is no harm in perhaps lowering your hours at work and putting more hours into matched betting. Then reevaluating your things after a few months.

Don’t get me wrong matched betting is awesome but is important to put realistic expectations on pursuing it full time. I personally know some people that do extremely well from matched betting for a living.

Could that person be you in the future? Possibly but it is important to evaluate all the factors involved before you make the jump.

If you want to make the most of your matched betting. This service gets my recommendation as the best matched betting software around.