Bookmaker KYC Checks – What You Need To Know

KYC verified

How to pass bookmaker KYC and source of wealth checks.

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

Why do they happen?

What documents do you need?

How can I pass customer KYC checks?

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

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

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

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

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

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

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

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

KYC checks

Bookmaker KYC Checks – Why Do They Happen

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

Is actually the person they say they are.

Bet365 KYC checks

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

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

You will normally need to provide your –

Full Name

Date of Birth

Address and postcode

Mobile Number

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

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

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

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

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

KYC verified

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

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

Source Of Wealth Checks

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

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

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

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

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

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

Bookmakers abusing source of wealth checks.

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

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

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

Source of wealth checks

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

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

Source of wealth

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

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

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

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

Problem Withdrawing From Bookmaker?

If you feel a bookmaker is abusing these checks.

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

UK gambling commission

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

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

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

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

Conclusion

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

Whilst the checks can be an annoyance and seem intrusive.

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

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

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

Profit Rush

 

 

 

 

Football Accumulator Betting – Can It Be Profitable?

Football Accumulator Betting, can it be profitable long term?

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

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

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

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

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

The above is the reality for the majority of punters that bet regularly on accumulators.

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

Why Bookmaker’s Love Punters That Bet On Accumulators

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

Whilst the bookmaker retains a huge edge.

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

To summarize the video.

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

What is a margin?

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

Football Accumulator Betting

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

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

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

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

So if we spread out £100 across all 3 outcomes

We would lose £2.30

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

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

Football Accumulator Betting Margin

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

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

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

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

In general they are very bad value for the punter.

Football Accumulator Betting – How To Win Long Term

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

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

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

Let’s look at a very simple example.

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

England Betting

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

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

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

Now unfortunately bookmakers very rarely make huge mistakes like this.

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

Putting Multiple Value Selections Together

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

Taking advantage of bookmaker boosts.

Profitable Football Accumulator Bets

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

Above is this weekend’s boosted accumulator from Skybet.

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

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

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

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

Tottenham Odds

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

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

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

Whilst Skybet are offering odds of 8.0.

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

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

Determining Value And Betting Them As An Accumulator

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

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

That profitable edge is compounded.

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

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

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

Are much easier to find good value bets in compared to the major 1x2 markets that often have millions of pounds bet on them.

Example

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

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

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

Juventus and Slavia were both lay prices on the exchange.

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

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

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

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

Football Accumulator Betting – Conclusion

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

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

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

 

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

Click Here To Learn About The Strategies I Have Used.

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

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

Jan – £3209

Feb – £2825

March – £2295

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

It’s not always going to go your way.

Let’s break down the results for April.

Value Betting, Matched Betting And Arbitrage 

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

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

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

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

Overall Results

In April there were 402 bets.

A total profit of £1473 was made.

Learn About Matched Betting And Value Betting Below

Matched Betting Guide

Value Betting Guide

Advantage Play – Casino Offers

Casino Offer Results

Another month of low volume on the casino offers.

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

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

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

There were 49 offers completed in April

A total profit of £214 was made

Sports Betting Results

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

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

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

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

Sports Betting Results

Well this month didn’t go well.

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

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

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

Usman KO

That was the story of the month really.

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

During April I made a total of 28 bets.

A total loss of -£1376 was made.

Free Tipster Experiment

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

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

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

Free Tipster experiment

(Graph says March but these are results from April)

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

Before a slight recovery at the end.

There were 62 selections.

A total loss of -£354 was made.

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

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

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

Along with –

Nigel Seeley – Twitter, Trademate Podcast.

George Gamble – Twitter, Trademate Podcast.

Mark O,Haire – Twitter, Matchbook Podcast.

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

Neil Macdonald Results

April saw a new addition to the portfolio.

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

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

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

Neil Mac

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

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

There were a total of 55 bets in April

A profit of £30 was made.

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

Trading 

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

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

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

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

Chelsea Trade

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

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

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

During April I made a £757  profit from trading.

Results For April

Value Betting, Arbitrage, Matched Betting –

£1473

Advantage Play – Casino Offers

£214

Trading

£757

Sports Betting

-£1376

Neil Macdonald

£30

Free Tipster Experiment

-£354

Rolling Betting

Total Made In April

£770

Overall Profit Since The Challenge Began

£112,230

Remaining Target

£887,770

Thoughts Going Forward

Although not the best month in terms of profit made.

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

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

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

Greyhound Tips

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

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

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

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

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

Services Used

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

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

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

Recommended For Matched Betting/ Value Betting/ Arbitrage

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

Subscription Cost – £12.50 a month (Annual Subscription)

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

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

Subscription Cost – £105 a month (Monthly)

Recommended For Exploiting Casino Offers

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

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month  (Annual Subscription)

Betting Reviews – Updates

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

The first tipster is from Bookie Insiders.

Bookie Insiders Results

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

Over a 7 year period his results are extremely impressive.

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

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

Results so far have been very positive.

After 92 selections.

A profit of £886 has been made.

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

Below are the official results over the same time period.

After 95 bets a total profit of £1058.

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

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

 

Ron William Results

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

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

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

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

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

Ron Williams Results

After 139 selections.

A loss of -£63 has been made

Stakes range from £20 to £40

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

Ron Williams Official Results

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

After 170 selections.

A loss of -£385 has been made.

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

Ron Williams Horse Racing

Click Here To Read More About Ron Williams

 

If you have any suggestions for future reviews.

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

 

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

OddsMonkey Review 2021 – Make £500 A Month?

Oddsmonkey Review – Can you still make £500 a month from matched betting?

That is the question that I want to answer in this Oddsmonkey review.

In 2021 whilst I don’t think its easy to make £500 a month from matched betting alone it still can be done.

If you utilize everything that Oddsmonkey offers.

In this review I will go through all of the opportunities available and methods you can use to make decent profits every month.

Matched betting is the quickest, most efficient way to build up a betting or trading bank. If you are looking to make a low risk second income online its one of the best options available.

In the video below I outline the strategies used to make over £100,000 in profit using matched betting as a starting point.

There are several matched betting services out there but the big question is which offers the best value?

Oddsmonkey vs Profit Accumulator is a discussion that arises often between matched bettors. For me personally as someone that has been matched betting for many years on a large scale there is clearly one service that offers the most value.

Oddsmonkey Review 2018
In this article I will be reviewing the Oddsmonkey premium service which costs £19.99 a month.

OddsMonkey have been around for a long time and originally just offered their excellent odds matching software as a subscription. Seeing the success of other matched betting services.

Odds Monkey decided to offer there own service.

This is the service I will be reviewing.

The OddsMonkey premium service offers a load of useful software and applications for matched betting and arbitrage.

OddsMonkey Review

 

Matched Betting Tutorial

For those that are new to matched betting and not completely confident. Oddsmonkey offer an excellent tutorial explaining everything you need to know about matched betting.

Even including a free membership which guides newcomers through a step by step process of 3 sign up offers.

Oddsmonkey Review Matched Betting Tutorial

Oddsmonkey Review – New Customer Sign Up Offers

Oddsmonkey lists and updates regularly all of the best bookmaker sign up offers available. From these bookmaker sign up offers alone it is possible to make over a £500.

The premium service gives you exact instructions on how to extract money from these offers.

You can then use the Oddsmatcher software included with Oddsmonkey to find the best possible odds for your free bets.

A subscription to Oddsmonkey allows you to go through the whole process as efficiently as possible. Whilst also highlighting any new opportunities that arise.

Oddsmonkey Review Sign Up OfferThis is easiest way to start making money from sports betting and great way to build up some capital before you move on to the next set of methods.

Oddsmonkey Review – Bingo and Casino Offers

Bookmaker offers are the not the only focus of the Oddsmonkey service.

Oddsmonkey also highlights the best opportunities available from bingo and casino companies. Again the instructions are laid out very simply and are easy to follow.

Oddsmonkey Review Casino Signup

The mathematics behind why these offers are profitable is explained in well written guides.

Whilst new offers are added and existing offers are also being updated frequently.

Oddsmatcher software (odds matching software for arbitrage and matched betting)

One of the stand out features of the Oddsmonkey premium membership is the Oddsmatcher software.

The Oddsmatcher software allows you to to filter the odds, bookmaker, date. sport, betting exchange that you want to see.

This allows find qualifying bets and odds matches for your free bets extremely easy.

Oddsmonkey Review Oddsmatcher

Oddsmatcher is extremely easy to use. It is quick at processing the information you input. Whilst it can also be used to find arbitrage bets and value bets.

Oddsmonkey have really created an excellent piece of software with the Oddsmatcher software. its a joy to use.

Racing Matcher

Racing Matcher is a piece of software created by Oddsmonkey to make profiting from horse racing offers as easy as possible.

Oddsmonkey Review Racing Matcher

It highlights the races for the day. Which offers are available for each race. What the qualifying condition for the race is e.g free bet if a faller.

Then it shows you the current odds available at both bookmaker and exchanges. Showing you the potential profit or loss for the qualifying bet.

Again its all about speed and efficiency with the Oddsmonkey software.

The racing matcher allows you to take advantage of horse racing offers in the quickest possible way.

Tennis Matcher

Tennis Matcher uses the same process as the software racing matcher but this time for tennis offers.

 

Oddsmonkey Review Tennis Matcher

When big tournaments such as Wimbledon come around. The tennis matcher is a superb piece of software.

It allows you to really take advantage of the opportunities available. There is the opportunity for a lot of money to be made from tennis offers, this software gives you the most efficient way to extract profits.

Each Way Matcher

How much more software is there?

Oddsmonkey really go all out to provide everything you need for matched betting.

So there is quite a bit more.

Lets take a look at the each way matcher.

Each way betting involves backing horse in both the win and place market. Due to the way bookmakers calculate an each way bet it can be open to exploitation.

You can exploit these situations by guaranteeing a profit from backing at a bookmaker and laying with an exchange.

Oddsmonkey Review Eachway Matcher

The eachway matcher highlights these opportunities.

Calculates the stakes you need to make a profit and updates every 30 seconds. Meaning that any new matches will appear as the odds create a profitable eachway bet.

Extra Place Matcher

Often when there is a big horse racing festival. Bookmakers will offer a special promotion paying out extra places. 

This then creates situations where you can back and lay a horse. Should they finish in that extra place spot for example 5th.

You can win both the back bet and the lay bet.

Oddsmonkey Review Extra Place Matcher

These opportunities can be extremely profitable. Oddsmonkey created the extra place matcher to take advantage of these scenario’s.

Highlighting the best extra place opportunities and doing all the calculations for you.

Matched Betting Calculators

Alongside all of the software mentioned above.

Oddsmonkey also provide 12 different matched betting calculators. Which cover pretty much every situation you find yourself in.

Oddsmonkey Review Calculators

1.EV calculator

2. Each way calculator

3.Each way reverse calculator

4. Each way extra place calculator

5. Risk free equal profit calculator

6. Trigger bet calculator

7. Rule 4 calculator

8. Early payout calculator

9. Sporting Index calcultor

10. Dutching calculator

11. Unwanted lay calcultor

12. Win bonus calculator

Matched Betting Spreadsheets

Once you start matched betting and see how profitable it is. It’s likely that you going to start hitting hundreds of offers each month.

Keeping track of all these offers and your profit can be quite hard work.

Luckily Oddsmonkey provide 14 different ready to use spreadsheets formatted in Excel.

Oddsmonkey Review Spreadsheets

Simplicity, speed and efficiency for matched betting is the ethos behind Oddsmonkey. These spreadsheets again are an emphasis for this.

Acca Matcher (accumulator software that profits from bookmaker promotions) 

Do you want to learn how to make money from accumulator offers?

The Acca matcher will show you exactly how to do that.

Whether you wish to take a value betting approach and let your accumulator bets run. Perhaps you prefer lay each bet sequentially to guarantee a profit.

Maybe you want to mix your approach and let your initial bets run and lay the last two.

Oddsmonkey Review Acca Matcher

Oddsmonkey’s Acca matcher does all the hard calculations for you.

Highlighting the most profitable opportunities available at the time.

Matched Betting Forum

The popularity of Oddsmonkey has grown and grown over the last few years. As this has happened so has the community.

Oddsmonkey now has a very active forum with lots of helpful individuals giving out advice.

There are threads for beginners, threads pointing out profitable odds boosts, discussions on how to make the most of matched betting.

Oddsmonkey Review Forum

For those that want to become part of an educated matched betting community.

The Oddsmonkey forums are a great place to be.

Daily Offer Calendar 

Recurring offers are pretty prevalent among bookmakers and casino’s.

The daily offer calendar captures all of these recurring offers. It then presents you with instructions on how to complete the offers. Along with an estimated profit upon completion of the offer.

Oddsmonkey Review Daily Offers

Oddsmonkey Results

From April 2017 till April 2018. I took on a challenge to try and make £50,000 in a year. Using recommended services from my blog alongside some of the betting/trading methods I have written about.

Here are my results from matched betting and arbitrage.

April – £787

May – £91 (Made a mistake which cost me £300)

June – £548

July – £380

August – £1261

September – £892

October – £1139

Oddsmonkey Review Results

November – £643

December – £578

January – £1113

February – £956

March – £1295

Even now in 2021 I still use Oddsmonkey to take advantage of any matched betting opportunities that come up.

Along with value betting opportunities that occur from each way bets.

Oddsmonkey has been software that I have used throughout my 4 year betting challenge and helped me generate over six figures from the sports betting markets.

(Other sports betting and trading methods have also been used which you can read about here.)

Making A Million

Oddsmonkey Free Trial

Want To Get Started Cick Here For Your Free Trial 

This trial will show you how to earn up £45 for free.

Giving you access to the introduction guide which will show you step by step how make money from matched betting.

Oddsmonkey Review – Still The Best Matched Betting Service In 2021?

Whenever I do a review, I like to highlight any negatives I find within a service.

But truth be told Oddsmonkey is really an exceptional service.

You get your value for money with OddsMonkey. It is really the complete package offering anything you need for matched betting.

There is a huge amount of content and useful software included in your membership. 

The website is very well put together and easy to navigate.

For the new or advanced matched bettor. Oddsmonkey have really made it easy for you to find what you need very quickly.

Really what stands out about OddsMonkey is how sleek, efficient and easy to navigate everything is.

They have packed so much software and content into the service yet I was familiar with it all within a few minutes.

OddsMonkey have really done an excellent of providing the best aspects of what Profit Maximiser have done. Then added as much value as they can on top of that.

 

Oddsmonkey Review

 

There isn’t anything bad about this service for £19.99 a month it is exceptional value.

Oddsmonkey Review

Final Verdict

The Odds Monkey Premium service is excellent and I would highly recommend it to anyone that was looking to start matched betting it is the complete package.

For those that are experienced matched bettors the tools and software that come as part of the OddsMonkey package make life very easy.

This is the best matched betting service that I have used.

You should easily be able make much more then the subscription price of £19.99 a month using the Oddsmonkey Service

I look at it as an investment that offers a great return.

You can be making profits of over a £1000 a month using this software.

It gets top marks for me its a five star product and highly recommended.

Click Here To Trial Oddsmonkey For Free

 

Oddsmonkey Review 2021

 

 

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

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

Making A Million Challenge

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

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

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

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

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

Making A Million

Let’s take a look at results from March.

Value Betting, Matched Betting And Arbitrage 

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

Well I got crushed this year.

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

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

Value Betting Results

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

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

In March there were 407 bets.

A total profit of £157 was made.

Learn About Matched Betting And Value Betting Below

Matched Betting Guide

Value Betting Guide

Advantage Play – Casino Offers

Casino Offer Results March

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

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

Only got a few cashback and reload offers.

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

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

Hopefully things pick up in April.

There were 61 offers completed in March

A total profit of £371 was made

Sports Betting Results

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

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

During March I made a total of 20 bet.

A total profit of £983 was made.

The Basketball Geek Results

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

Whilst it has been profitable following his selections.

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

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

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

But as you can see volume was pretty low.

There were 18 selections in total.

A profit of £56 was made

Read Our Review Of The Basketball Geek Below

Basketball Geek Review

Free Tipster Experiment

March saw the continuation of the free tipster experiment.

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

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

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

There were 212 selections.

A total profit of £296 was made.

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

Nigel Seeley – Twitter, Trademate Podcast.

George Gamble – Twitter, Trademate Podcast.

Mark O,Haire – Twitter, Matchbook Podcast.

Demtrio Giotti – Smart Betting Club Free Tipster.

Lucky Pucks – Smart Betting Club Free Tipster.

Bassie Bets – Smart Betting Club Free Tipster, Betmarkets.

Neil Macdonald – Twitter, Betmarkets.

Lehotka Botond –Twitter, Betmarkets.

Miguel S – Betmarkets.

Sergio P – Betmarkets.

Trading 

MMA trading

March was a decent month on the trading front.

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

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

Overall a total of £432 was made from trading.

Thoughts Going Forward

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

Which would be a nice mile stone to get over.

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

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

Which will be Neil Macdonald’s football picks.

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

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

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

His long term record is excellent.

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

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

Results For March

Value Betting, Arbitrage, Matched Betting –

£157

Advantage Play – Casino Offers

£371

Trading

£432

Sports Betting

£983

The Basketball Geek

£156

Free Tipster Experiment

£296

Making A Million Challenge

Total Made In March

£2295

Overall Profit Since The Challenge Began

£111,460

Remaining Target

£888,540

Services Used

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

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

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

Recommended For Matched Betting/ Value Betting/ Arbitrage

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

Subscription Cost – £12.50 a month (Annual Subscription)

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

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

Subscription Cost – £110 a month (Monthly)

Recommended For Exploiting Casino Offers

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

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month  (Annual Subscription)

Trademate Sports Review 2021 – BONUS Extended Trial

Trademate Sports Review – The software that has made it’s customers over 6 million Euros in profit.

With the popularity of matched betting rising in the last few years there are a lot of people that realise there is money to be made from soft bookmakers.

Trademate Sports Review Stats

In this Trademate sports review. Let’s take a look at whether value betting is another way of taking money out of the bookmakers pockets.

Below is a video outlining my results using the software and overall thoughts.

What is value betting?

Value betting is based on the concept that sharp bookmakers which don’t limit winning players (Pinnacle etc.)

Are much better providing odds that are close to the true expectation of an event occurring. In comparison to the soft bookmakers (Bet365, William Hill etc.)

This means that by following the odds movement of a sharp bookmaker such as Pinnacle, we can find value at the softer less efficient bookmakers.

If for example Pinnacle are offering something at odds of 2.0 and William Hill have the same bet at 2.2. We can be confident the bet at William Hill is value.

 

What is closing line value?

Many professional sports bettors look at the closing odds of an event to see if their bet was value. Rather then simply looking at whether it won or lost.

It has been proven that if you are constantly able to bet at odds which close on a sharp bookmaker at a lower number.

Then you will make money over the long term.

For example you bet Manchester United at odds of 1.5. On Pinnacle the odds close just before the event at 1.42. This would be seen as a “value bet” whether it won or lost.

Trademate Sports software monitors thousands of betting odds and flags up value betting opportunities when they occur.

Trademate Sports Pro And Core Review 

Results

After 6 months of using the Trademate Sports pro and core software lets take a look at the results.

Key Stats

Bets1924
Total Staked£61,700
P/L£1539
ROI (Return On Investment)2.5%
ROC (Return On Capital)29%

 

During the six months trial I got to test out both the core software (Costs around a £100 a month) and the pro software (£340 a month.)

The core software allows you to exploit a large number of soft bookmakers such as Bet365, Unibet, Coral, Will Hill etc.

Whilst the pro software focuses on the betting exchanges and Asian Bookmakers.

I have split my results up into two categories Core and Pro.

Trademate Core Results 

Using Trademate to exploit soft bookmakers was very successful.

I used a starting bank of £5000 and set my staking level to low kelly. (There are several different risk levels you can use with Trademate. Ranging from low to medium to high.)

After a total of 1146 bets a total profit of £1970 was made.

This worked out at an average return on investment of 4.1% per bet.

Trademate Pro Results 

Trademate Pro Results

The second set of results are using the pro software. For this software it is recommended you start with a £20,000 bankroll as the return on investment is much lower.

My starting bankroll however was again £5000.

Being based in the UK my focus was on using the pro software with the exchanges rather then the Asian bookmakers.

After 778 trades a total loss of -£430 was made with the pro software.

This worked out at an average return on investment of -3.1% per bet.

How to Use Trademate

Before I go on to my general thoughts about using the Trademate Core and Pro software.

Let’s take a look at how to use Trademate.

If you would like to trial Trademate yourself. Click this link and when signed up quote “Smart Sports Trader” in the chat for an extended two week trial and 10% discount off your first month.

Trademate Sports is a very easy product to use and finding value bets is fairly simple.

It takes between 10 to 20 minutes to set up initially. You choose the bookmakers you want to use and allocate an amount of your overall bankroll to that bookmaker.

Then you choose the sports you wish to bet on, markets, odds ranges and how many hours before a game you are willing to take a bet.

Each time the software finds a value bet you get an alert with the suggested staking.

Once you register a trade, Trademate logs this bet automatically and grades the result. The data is then used to produce your results as seen in the images above.

 

The filters are then saved for future use and any time you wish to find value bets for your selected bookmakers you just log in to the software.

There are occasionally some small problems with the software. For example an edge may show up that has long expired or doesn’t exist because a game has been suspended.

Any errors are usually fixed very quickly though and if you bring it to the attention of the Trademate Sports staff they will reply promptly.

Trademate Sports Filters

An interesting aspect of the Trademate Sports software is that there are several different approaches to using it.

For example there are recommended and non recommended markets.

The recommended markets are the highest liquidity games for example the Champions League, Premier League, NFL etc where it should be less noticeable that you are value betting.

The non recommended markets cover everything from women’s European basketball to the Serbian second division.

My focus was on both the recommended leagues and non recommended leagues. I struggled to get a decent amount of bets by only focusing on the recommended leagues.

Trademate Sports Filter

So I opted to also include non recommended leagues as that dramatically increased the amount of bets that I was able to get on.

Interestingly enough I found that even betting the non recommended leagues I have several accounts that have not been limited despite using them for the six month period.

Trademate Sports Core Review – Thoughts On Core Software

The core software is the staple of Trademate Sports. It is the software that the majority of its user base are subscribed to.

It has a higher return on investment per bet then the pro software and is a third of the price.

My results using the core software were much better then the pro (which is to be expected as the pro software in general has a lower roi.)

The software covers a large amount of soft bookmakers and I realized that there are also a lot of clone bookmakers that I didn’t have accounts with or barely used in the passed.

The big upside of the software is its simplicity and efficiency.

Which means that there is still a lot of opportunity for me to use the core software despite being limited by the majority of bookmakers.

Also I found that even the likes of Bet365 and Skybet where I am limited still allowed me to stake to win £50 to £100 on a lot of lower league English markets.

Overall I was very impressed with the Core software. I think if you have a lot of soft accounts and are looking for a way to utilize them.

Then Trademate Core is a great way to profit from your soft bookmaker accounts.

Trademate Sports Pro Review – Thoughts On Pro Software

My results using the Trademate Sports pro software were not as successful in comparison to the core.

At the start of the review I had 0% commission with Matchbook, with Matchbook I was able to get a large amount of value bets above 2.5% however after around 2 months my 0% commission was removed.

After that there was a large drop in the amount of bets I was able to get on using the pro software.

The Betfair exchange provided the most. However the main issue with this was often the liquidity. Often it was was very low and I could only get on £20-£30 which isn’t enough when the subscription costs £340 a month.

Using the pro software to find profitable edges is much more challenging then the core software. I did find some profitable areas however I struggled to get a decent amount of volume through.

Whilst I know there are people that have used the pro software successfully. It is not as simple as the core software and you really need to dig into the big data analytics tool to discover some profitable angles.

I think the majority of people would be better suited to using the core software.

Due to the lower expected return on investment of the pro software and larger amount of capital needed.

My personal preference is the core software.

Trademate Sports Review Conclusion

Based on the results of the core software I am happy to give a recommendation to Trademate Sports.

Professional sports bettor Neel Shah has also used the core software to make a very nice profit.

Below is a video of his results using the software.

I feel that with the pro software I would need some more time to delve into the Asian bookmakers and get more data with the exchanges.

However the core software has proven to be very profitable.

Over the last few years there has been a reduction in the amount of money that can be made from matched betting.

Trademate Sports and value betting in general are a great way of getting more money out of your soft bookmaker accounts.

The big upside of using the software is its simplicity and efficiency.

Allowing hundreds or potentially thousands of value bets a month.

Trademate Sports Discount

I will continue to use Trademate for my own personal betting, as part of the making a million from sports betting challenge.

Whenever I come across a service or product that is profitable I use it myself going forward.

By combining these profitable methods and services I have been able to generate a very good income over the last 4 years.

Value betting has been one of the main methods used.

Making A Million

I reached out to the Trademate Sports team and was able to get a special deal for readers of smartsportstrader.com

If you would like to trial Trademate yourself. Click this link and when signed up quote “Smart Sports Trader” in the chat for an extended two week trial and 10% discount off your first month.

Trademate Sports Review

 

 

Affiliate Disclaimer

(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 long term goals.)

Stop Bookmakers Limiting Your Account – 5 Must Read Methods

Stop bookmakers limiting your account

One of the most frustrating aspects of the sports betting industry is that when you learn a method of making profit. The bookmaker can just turn around say “no thanks, we don’t want your business anymore.”

Sometimes a bookmaker will close your account completely.

Other times a bookmaker will put tiny limits on your account so that you can only stake pennies on a selection.

How can you stop bookmakers limiting your account?

5 Methods To Stop Bookmakers Limiting Your Account

The sad truth is that unless you are betting with betting exchanges such as Betfair, Smarkets etc or sharp bookmakers like Pinnacle. Then you will be limited if you are a profitable sports bettor.

However the good news is that after many years of betting successfully myself, there are a few strategies I have found which help prolong the life of a soft bookmaker account.

These strategies I have found to work very well with Bet365.

Which in my opinion is the most valuable soft bookmaker account you can get.

Prime Your Account

When you open a new betting account, that is often when it is looked at with the most scrutiny.

Bookmakers employ people to assess the risk level of their customers.

Customers are then basically categorized into being recreational bettors or sharp bettors.

If you want to extend the life of your betting account then your aim should be to initially look like a recreational bettor. This is why many successful sports bettors look to prime new betting accounts.

What do you mean by priming an account?

Priming an account means that you place bets in order to look like a recreational bettor rather then a sharp one. Instead of hammering an account with value bets, arbitrage bets and exploiting free bets to the maximum amount.

Stop bookmakers limiting your account

You want to look like a normal recreational bettor.

Pick A Favourite Team

This is a fairly simple method that helps make you look like a recreational bettor.

Pick a favourite team and look to bet them most weeks.

Recreational bettors don’t look at where they can get the best value or best odds.

They bet with emotion and picking a team that you bet week in week out makes you look exactly like the sort of customers a bookmaker wants to keep.

Ways to stop bookmakers gubbing accounts

One of the longest running accounts I have is one that I used to bet Tottenham with each week. I did this for the first few months laying off the bets on the betting exchange Smarkets.

Years later I still mix in the odd Tottenham bet amongst other sharp bets.

Initially you will lose some money. However with Bet365 in particular the losses that you make will be recouped somewhat by the loyalty bonus they throw out every few months.

Accumulators

Next up are accumulator bets. The bookmaker’s favourite type of customer is the one that chucks a load of accumulators on every week and doesn’t bet anything else.

For keeping your account pegged as recreational, placing one or two small accumulator bets each week is an excellent way of looking like a regular punter.

Bet365 Acca

Using Oddsmonkey’s accumulator matcher. I found that taking the top treble would lose £0.67 in EV from a £10 stake.

Which isn’t a huge amount of EV to give up, given how valuable a Bet365 is over the long term.

Also if you combine this with the Bet365 2up promotion. Then you can reduce the amount of EV you give away even further.

Personally I have found throwing in small accumulator bets amongst my other “sharper” bets to be very beneficial.

It also helps to mix up my betting patterns which leads on to the next point.

Mix Up Your Betting Patterns

If you are arbitrage betting, taking large value bets or just exploiting free bets for the maximum amount it can be fairly easy to spot.

Recreational bettors (which is what we want to look like) are not disciplined.

They vary their stakes, bet different sports and try out different markets when things aren’t going right.

If someone profiling your accounts see’s you are only placing single bets on horse racing or lower league football and also making a profit. Then it is likely they will take a deeper look at your account.

Esports Betting

Placing bets in different markets and mixing up your betting patterns can help your account look like a mug bettor.

Rather then placing a football accumulator each week, mix in a rugby accumulator from time to time or a esports accumulator, tennis accumulator etc.

Live Betting

Live betting is huge and again it is one of the bookmakers favourite area’s at the moment. You see it over and over again at half time in football games. Bookmakers love to advertise terrible value “boosted” bets.

They prey on the fear of missing out, emotion of a live game and the rush to get on the “boosted” bet before the game resumes.

“Back James Milner to score the next goal at the boosted price of 8.5!!!”  (When the true odds are really 13.00)

Mixing in live bets amongst your other “sharper” action is again going to help you look more like a recreational bettor.

Another advantage of live betting is that if you can do it profitably. Then it is much harder for a bookmaker to compare its price to others.

Due to the ever changing nature of live betting and lack of a closing line.

Conclusion

So those are 5 methods that I have used in order to prolong the accounts of my soft bookmaker accounts.

Specifically I have found them to work well with Bet365 accounts. As those are the soft bookmaker accounts I value the most and make an effort to maintain for as long as possible.

Other strategies that may also help to stop bookmakers limiting your account include.

  1. Not withdrawing too often .

  2. Rounding up your betting stakes.

  3. Avoid using ewallets.

  4. Spreading larger stakes amongst different bookmakers if possible.

  5. Avoid betting on horses the evening before races (unless its a major televised race.)

Until betting legislation changes the majority of bookmakers will always look to get rid of the customers that cost them money.

However using some of the methods described in this article will help you stay under the bookmakers radar for a longer period of time.

Over The Last 46 Months I Have Been Documenting My Attempt To Make A £1,000,000 In Profit From Sports Betting.

Making A Million Monthly

Click Here To Learn The Methods I Have Used To Make £106,340 So Far

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

After a strong start to 2021.

I was hoping February would bring more of the same.

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

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

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

Value Betting, Matched Betting And Arbitrage 

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

However things picked towards the end of the month.

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

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

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

In February there were 277 bets.

A total profit of £1162 was made.

Learn About Matched Betting And Value Betting Below

Matched Betting Guide

Value Betting Guide

Advantage Play – Casino Offers

The good run with casino offers continued in February.

A lot of bonuses I do are cash before bonus.

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

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

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

Homeschooling has probably impacted this.

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

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

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

During February I did 70 casino offers.

A total profit of £1071 was made.

Sports Betting Results

My own selections had a good month in February.

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

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

In total there 22 bets made in February.

A total profit of £553 was made.

A few bets from February

The Basketball Geek Results

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

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

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

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

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

In total I bet 38 selections from the Basketball Geek.

A total profit of £122.

Read Our Review Of The Basketball Geek Below

Basketball Geek Review

Free Tipster Experiment

The free tipster experiment continued in February.

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

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

There were a total of 108 bets.

A loss of £38 bets was made.

Below is a list of the free tipsters used.

Nigel Seeley – Twitter, Trademate Podcast.

George Gamble – Twitter, Trademate Podcast.

Mark O,Haire – Twitter, Matchbook Podcast.

Demtrio Giotti – Smart Betting Club Free Tipster.

Lucky Pucks – Smart Betting Club Free Tipster.

Bassie Bets – Smart Betting Club Free Tipster, Betmarkets.

Neil Macdonald – Twitter, Betmarkets.

Lehotka Botond –Twitter, Betmarkets.

Miguel S – Betmarkets.

Sergio P – Betmarkets.

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

Free Tipster Results

Trading 

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

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

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

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

Thoughts Going Forward

Results were good this month.

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

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

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

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

Ron W Results

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

Results For January

Value Betting, Arbitrage, Matched Betting –

£1162

Advantage Play – Casino Offers

£1071

Trading

-£45

Sports Betting

£553

The Basketball Geek

£122

Free Tipster Experiment

-£38

Total Made In January

£2825

Overall Profit Since The Challenge Began

£109,165

Remaining Target

£890,835

Services Used

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

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

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

Recommended For Matched Betting/ Value Betting/ Arbitrage

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

Subscription Cost – £12.50 a month (Annual Subscription)

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

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

Subscription Cost – £110 a month (Monthly)

Recommended For Exploiting Casino Offers

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

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month  (Annual Subscription)

 

 

 

 

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

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

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

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

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

Making A Million From Sports Betting

Value Betting, Matched Betting And Arbitrage 

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

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

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

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

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

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

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

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

In January a total of 303 bets were made in.

A total profit of £538 was made.

Learn About Value Betting And Arbitrage Below

Arbitrage Betting Guide

Value Betting Guide

Advantage Play – Casino Offers

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

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

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

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

During January I did 101 casino offers.

A total profit of £1007 was made.

Sports Betting Results

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

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

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

In total there were 22 bets in January.

A profit of £858 was made.

The Basketball Geek Results

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

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

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

This month I bet 60 selections.

A loss of £112 was made.

Read Our Review Of The Basketball Geek Below

Basketball Geek Review

Free Tipster Experiment

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

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

Always taking at least the recommended odds.

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

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

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

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

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

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

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

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

In total there were 128 bets in January.

A profit of £716 was made.

Trading 

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

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

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

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

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

Thoughts Going Forward

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

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

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

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

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

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

Betmarkets Results

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

My £1000 initial investment is down around £200.

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

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

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

Results For January

Value Betting, Arbitrage, Matched Betting –

£538

Advantage Play – Casino Offers

£1007

Trading

£202

Sports Betting

£858

The Basketball Geek

-£112

Free Tipster Experiment

£716

Total Made In January

£3209

Overall Profit Since The Challenge Began

£106,340

Remaining Target

£893,660

Services Used

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

Recommended For Matched Betting/ Value Betting/ Arbitrage

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

Subscription Cost – £12.50 a month (Annual Subscription)

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

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

Subscription Cost – £110 a month (Monthly)

Recommended For Exploiting Casino Offers

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

Bonus Accumulator (Click Here)

Subscription Cost – £12.50 a month  (Annual Subscription)