Matched Betting Experiment - Day 5

 Current profit $246.99.

So after yesterday's disappointing return, I'm ready to make some money today. But I've got another 10 hour day at work, so my time will be limited. But thank God it's Friday!

So as you've seen from my previous posts, I have absolutely no idea how to bet. And even though I've been doing fine without the knowledge, I've been trying to take some time each day to educate myself on betting and betting terminology. For example, I received an email that is offering me a "Sweat Fee" bet up to $50. What this means is that if you lose the bet, you get your money back. But there is a 2nd stipulation which states that you must make a "Parlay" bet in order to qualify. What that means is you need to combine 2 or more separate bets into 1 bet. This essentially makes your odds of winning much lower. But the payout goes way up. I'll get back to this bonus play tomorrow.

So for today, with my limited time, I'm simply going to take advantage of my $100 bonus offer I have remaining. I pull up my trusty calculator to find a bet. I place my $100 bonus bet and the calculator tells me that I need to place the opposing bet for $523 and some change. As I stated on day 3, I've begun rounding off my bets to avoid suspicion. So I round this bet to $525. Now this 2nd account already had some money in it, but I did have to add more to place this bet. I initially set my bankroll at $1000 of which I still had just under $300 left which has not yet been invested. But to reach the $525 I had to go over my budget for the experiment.

Now I do invest in stocks and retirement as hopefully we are all doing. And the market has been doing great and giving some great returns. But I feel that using matched betting as an additional investment is completely legit and will get me a much higher return than my stock investments. I decide I will raise my investment limit to $3,000 for this experiment. Now I could start shuffling money around to meet my requirements. But I feel that I will eventually want to have a healthy balance at all of my sportsbooks. So I'm leaving the money where it lands for now. One more mention about using this as an investment strategy. There is literally no risk and you even know how much you will make from the bet before it is even settled. So I feel my money is completely safe. Of course, mistakes could be made when entering bets. But I've been extremely caution and careful and always double check my bets.

Saturday morning. As usual, I check my bets right away. Now the way the bets have been going so far, the free bet is always placed on the underdog and the cash bet is placed on the clear favorite. Up until now, the favorites have always won. I started to think, maybe just betting on the favorite when the odds are extremely lopsided could be a legit strategy. But this morning I get a reminder why matched betting is needed to always guarantee the win. The clear favorite team on which I placed the $525 bet ended up losing. But the underdog always gets the big payout. So my $100 bet turned into $600 after the win leaving me with a $75 profit for the day.

5 day profit: $321.99

I’ll be back tomorrow with an update. And I've got some new types of bets I'll be trying. Check back to see if I screw things up.

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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