Matched Betting Experiment - Day 20
Current profit: $2,474.70 I take my Saturday morning drive up to Michigan to place a $100 bonus bet and a $100 risk free bet. Today I haven't received many promo offers and I'm having a little trouble finding good plays. I end up placing 11 bets (technically 15, I'll explain) today but most have small boosts and will only provide a small profit. I do make a true bet today with no opposing bet to offset any losses. The offer I receive is for a risk free parlay bet. I end up taking the risk because I know I'll get my money back if I lose and I can convert the bonus bet into a small loss. Although I prefer to take bets with guaranteed profits, this type of offer is quite common and I want to experiment to see if these types of offers should be implemented into my strategy. I decide to go with a $100 bet. Now if this bet loses, I will be given a $100 bonus bet which I can normally convert at a 70% - 85%. So I am making a play which could end up losing $30 or less. I also ge...