Matched betting - chat, help and advice

[DisneyNewbie]

Time for Tracey's dumb question of the day!

So far I've only bet on Team A to win or draw and then lay those bets. Is it exactly the same if I was going to place a bet on a correct score?

My example
Arsenal vs Atletico Madrid
Correct Score 1-1
Bookie stake £10 (Free SNR)
odds 7.0

Lay stake is £8.39 (liability £52.03)
Lay odds 7.20

So I bet on 1-1 at bookie then go to exchange and select the pink lay column for 1-1. Make sure it matches the calculator and place bets.

Have I got that right?

[butterflymags]

Originally Posted by DisneyNewbie

Time for Tracey's dumb question of the day!

So far I've only bet on Team A to win or draw and then lay those bets. Is it exactly the same if I was going to place a bet on a correct score?

My example
Arsenal vs Atletico Madrid
Correct Score 1-1
Bookie stake £10 (Free SNR)
odds 7.0

Lay stake is £8.39 (liability £52.03)
Lay odds 7.20

So I bet on 1-1 at bookie then go to exchange and select the pink lay column for 1-1. Make sure it matches the calculator and place bets.

Have I got that right?

See more...

Yes, but just double check its the right market, as you can get half time score bets too.

[JLH]

well i made a mistake last night , luckily it hasn't cost me anything except my free bet! I was doing it on my phone and my stupid fat fingers pressed place bet whilst i was trying to reduce the stake from £20 to £10 (i was tired too!) i could have layed the same but the profit was so tiny i decided to just use my free bet as a normal bet ! now i just have to hope arsenal win 2-1 tonight - then i may be a bit happier!

[parmaviolet500]

I'm a bit confused now - don't know what I've done wrong... I put a £10 qualifying bet on Betvictor Arsenal/Athletico Madrid then layed it on Betfair 2.55 / 2.68 odds.

Betfair is coming up saying the bet is unmatched - I had enough in balance to cover the liability. Could it be because I've already bet on this game with Coral earlier today?

I might need to just take this as a lesson and probably lose the £10 from Betvictor..

[parmaviolet500]

Originally Posted by parmaviolet500

I'm a bit confused now - don't know what I've done wrong... I put a £10 qualifying bet on Betvictor Arsenal/Athletico Madrid then layed it on Betfair 2.55 / 2.68 odds.

Betfair is coming up saying the bet is unmatched - I had enough in balance to cover the liability. Could it be because I've already bet on this game with Coral earlier today?

I might need to just take this as a lesson and probably lose the £10 from Betvictor..

See more...

Panic over! It's matched - just went back in to check and everything was fine.

[familyofthree]

Originally Posted by parmaviolet500

Panic over! It's matched - just went back in to check and everything was fine.

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Liability is not your money, it is what has already been put down by other people at the exchange.

Always check the figure in the box under the lay odds you are going to be using at the exchange, only place your lay bet if the amount exceeds what the MB calculator has worked your liability out to be.

[familyofthree]

Originally Posted by JLH

well i made a mistake last night , luckily it hasn't cost me anything except my free bet! I was doing it on my phone and my stupid fat fingers pressed place bet whilst i was trying to reduce the stake from £20 to £10 (i was tired too!) i could have layed the same but the profit was so tiny i decided to just use my free bet as a normal bet ! now i just have to hope arsenal win 2-1 tonight - then i may be a bit happier!

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You could back the same bet at another bookies for the whole amount you have layed for a qualifying loss.

You will then be able to lay the correct amount again to take advantage of the free bet profit..

[mrsbenny]

Anybody that is worried about the bank transfer from William hill into starling account I received mine today . Took 2-3 days.

[parmaviolet500]

Originally Posted by familyofthree

Liability is not your money, it is what has already been put down by other people at the exchange.

Always check the figure in the box under the lay odds you are going to be using at the exchange, only place your lay bet if the amount exceeds what the MB calculator has worked your liability out to be.

See more...

Thank you - that makes sense. I need to stop freaking out before thinking things through properly!

[butterflymags]

Rather than me type up a long explanation I have found an article/blog that will explain what to do when an unmatched bet happens . I don't think links are allowed but if you google the following you'll find it:-

'dealing with unmatched bets the money shed'

I usually work my partial matched bets out myself but for newbies there is a link and some instructions for a partial matched calculator that is easy to use.