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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...

Matched Betting Experiment - Day 19

Current profit: $2,307.57 So I forgot about a bet I made several days ago which settled on Thursday night. That bet gave me a profit of $13.33. Quick update on my Edge Boost account I set up. I've been moving around a little bit of money and after 2 days, I've gotten $3 cash back from my transactions. I understand this is not significant, but without this account I would have gotten nothing. So I feel this will be a valuable tool moving forward. Today I end up placing 13 bets. It's my normal mix of bets and everything goes smooth today. So nothing new to share there. Saturday morning. Let's check the profits! My 13 bets end up giving me a return of $154.80. Adding my missed Thursday bet to my profit brings this up to $167.13. If you're interested in the exact bet returns, I received: -$21.11, $63.80, $1, $31.60, $17.50, $31.81, $3.75, $4.78, $2.50, $6, $5, $2.17 & $6. 19 day total: $2,474.70 I’ll be back tomorrow with an update. If you’d like to try out the serv...

Matched Betting Experiment - Day 18

Current profit: $1,991.66 Another day, another morning trip to Michigan to make my bets. In case you forgot, I've received 10 days of $100 risk free bets. 1 each day, so I have to make the trek each day to maximize that intro rewards. I've been going to Burger King or a bagel place and sitting in their parking lot to get the internet to make my bets. This morning I'm making my bets, but my one bonus bet tells me that they cannot accept the full $100 bet. I can either put $62 toward the bet and forfeit the rest or request that they approve the $100 bet. When this happened, I had already placed a $775 counter bet. I quickly checked to see if I could get a refund but the refund would not be for the full amount. I decide to ask them to approve the bet. I foolishly thought that it would happen within a few minutes. But they simply tell me they will notify me of their decision. I accept that and head home. I make another couple bets that morning, but I've learned that it is l...

Matched Betting Experiment - Day 17 (Big Day!)

Current profit: $1688.11 As I mentioned yesterday, I have the day off today. And A LOT happened today. Let’s start at the beginning. I run up to Michigan to make my Michigan bets. After I get home, I make a couple Ohio bets. But I have other plans for today. Although I’ve been very happy with ProfitDuel as my main betting tool, I know there are many more out there and I want to try a couple others. The first tool I try is called Oddschecker. It offers a 7 day free trial. I did not read the description well because after I signed up, I could not locate any of the tools I need for matched betting. I quickly learn that this tool is for +EV betting. I’ve mentioned that previously. It’s basically a way of betting which statistically will return a profit over time. You may go on long losing streaks, but you have to trust the math and understand that the system puts the odds in your favor. As I mentioned before, I’m not ready to take those kinds of risks. I move on. The 2 nd  tool I ...

Matched Betting Experiment - Day 16

Current profit: $1,656.24 I wasn't able to motivate myself this morning. So I had to head to Michigan after work again. I'll try again for the morning trip tomorrow. I have the day off work tomorrow, so it will be easy to get up there early. And I have some other plans too. I'll discuss those tomorrow. I end up making 6 bets today. 2 risk free bets (spoiler alert, I made a mistake on 1 of these bets), 1 bonus bet (for $100) and 3 bets which I described as EV bets yesterday. I've since learned these are actually arbitrage bets. I've learned that EV bets are single bets placed when the market is in your favor. There is no opposing bet in that situation. So you will either win or lose the bet. But the strategy is that over the long term, you will end up profiting by choosing specific bets. I'm not ready to take that kind of risk. Arbitrage bets are what I described yesterday. Opposing bets that guarantee a profit based on the odds. Wednesday morning. My risk fee be...

Matched Betting Experiment - Day 15

Current profit: $1,261.27  Half way through the experiment. I’ve learned a lot and I’m impressed with the results so far. Yesterday I mentioned that I received a deposit match offer which I took advantage of. I received another offer today for a 50% deposit match up to $100. So, of course, I took advantage of that daily offer as well. As I mentioned previously, I have an amazing intro offer from Michigan which involves making bets daily for 10 days. Now I live very close to Michigan. So in order to maximize that introductory offer, I will be traveling up to Michigan each day. I’m planning to got to a fast food restaurant and use their Wi-Fi from the parking lot to take advantage of the offer. I expect this to take about 10 minutes of travel each way. Today is day 3 of the offer, so I’ll be going up today and each of the next 7 days. On to the bets. Today I place 7 bets. 2 boosted bets, 2 risk free bets, 2 free bets and 1 bet which I learn is called an EV bet. What this means is tha...

Matched Betting Experiment - Day 14

Current profit: $1033.47 So I'm heading back to Ohio today. Before leaving, I place my Michigan bets. I place a risk free bet for $100. As I stated yesterday, I will receive 1 of these risk free bets each day for 10 days. This is day 2. I also place the 2 $100 bonus bets I earned yesterday. Once back in Ohio I place 2 more bets for the day. 1 $100 bonus bet and 1 risk free bet. I get an amazing deposit match offer today. They will match me 50% of my deposit up to $250. So I add $500 to this sportsbook to maximize this daily promo. Monday morning. I realize that I cannot see my Michigan bets now that I'm in Ohio. I can still see my balance and request a withdrawal, but I can't see the details of my bets. My bonus Michigan bets bring in profits of $72.80 & $65. My risk free bet loses $25 but gets me a $100 bonus bet. My Ohio bets earn me profits of $70 & $45. 14 day profit: $1,261.27 I’ll be back tomorrow with an update. If you’d like to try out the service, please us...