Matched Betting Experiment - Day 2

So I was banned from r/sidehustle for including my referral link. My mistake, I should have reviewed their rules.

So day 2 of my experiment. After my fees (including the cost for ProfitDuel) from day 1, I’m up $105.10.

I mentioned that I made a mistake yesterday. There are a limited number of welcome bonuses that you can take advantage of. One that I tried to utilize was if I bet $5 and win, then I would receive $150 to spend. In my mind, it’s a 50/50 shot. So I utilized this welcome bonus and lost. So I missed out on this $150 bonus. Now the odds are there for a reason. When placing your qualifying bet, you choose a match which is as close to 50/50 as possible. But there are many, many options where there is a clear favorite. I should have utilized this bonus by choosing a match where the odds were far in my favor to pick the winner. Live and learn. Don’t repeat my mistake.

On to the good stuff. Today I decided to open 2 new accounts. First account gives you $100 after making a $5 bet. The 2nd gives you $150 after making a $25 bet. The first offer gives you the money immediately upon placing the bet. The 2nd offers the bonus to you only once the game has completed and the bet is settled. So that money won’t be available until tomorrow.

So I have $100 to play with today. I’ll mention that my qualifying bets (these are the small bets needed to unlock the promos) for the 2 offers lead to a loss of $1. Now this loss is a bit higher than necessary because I found a bet between the 2 new companies that met my requirements for both the $5 & $25 bet. I found the most favorable bet available between the 2 companies, then used the calculator to determine what bet to make. I know I had to place $25 for promo 2, so I entered that amount into the calculator and it showed that I need to place a bet of $24 for company 1 in order to minimize my loss. After the match, I lost $1. I could have minimized this loss by placing 2 separate bets, but I took the lazy route and lost a bit more than necessary.

Back to the $100. I use the ProfitDuel tool to find a suitable bet. There are many. The best bet only required a $200 opposing bet, but was for a game a couple days away. As I stated yesterday, I’m currently not willing to wait because I want action every day. I find a good bet for Tuesday night that requires a sizable counter bet. Luckily it is with a sportsbook called Bet Jack and I have a large balance there due to a bet I placed the day before. So I bet my $100 bonus money according to the ProfitDuel calculator. I then place a counter bet of $676. Betting this amount of money made me extremely nervous. So I checked, doubled checked & checked once more to make sure I was making the correct bet.

Wednesday morning. My bonus bet loses, but my 2nd bet wins providing a payout of $750.36. Deducting my bet of $676 leaves me with a profit for the day of $74.36.

2 day profit of $179.46.

I’ve got what I hope to be a very slick bet lined up for later tonight. But I also made another rookie mistake. I’ll be back tomorrow with an update.

If you’d like to try out the service, please use my referral link: https://affiliate.profitduel.com//idevaffiliate.php?id=204 (this will get you 50% off the first month)

Here are a couple YouTube videos that helped me understand the process.

https://www.youtube.com/watch?v=CylhWz-qjVE

https://www.youtube.com/watch?v=YP2-7td81hY

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