Matched betting legit?

[ChaddeusPeuterschmit]

Is this shit legit? Makes sense and seems risk free if you do all your homework

Matched Betting -Risk Free, Tax Free Profit From Free Bets -Updated 2020

I promised myself that If I could make £250 a week from matched betting by taking advantage of free bets, I wouldn't get a job. I succeded and haven't looked back since.

sampriestley.com

 

[Mewcel]

Sounds like BS, if it's risk free it's usually oversaturated

 

[Deleted member 2205]

 

[Seth Walsh]

Better to find a good source for projected winrates for matches and then using the Kelly criterion to size your bets. You'll find some matches with positive EV and it will be consistent especially if you size with a quarter or half kelly

 

[ChaddeusPeuterschmit]

Better to find a good source for projected winrates for matches and then using the Kelly criterion to size your bets. You'll find some matches with positive EV and it will be consistent especially if you size with a quarter or half kelly

Can u explain this or send link explaining it

 

[Gazzamogga]

Sounds like BS, if it's risk free it's usually oversaturated

I didn't read but I assume risk free means proper bankroll management meaning there's no risk of going broke but there's still a risk of losing money in the short term

either that or it's bullshit

 

[ChaddeusPeuterschmit]

I didn't read but I assume risk free means proper bankroll management meaning there's no risk of going broke but there's still a risk of losing money in the short term

either that or it's bullshit

Basically it uses betting sites free bet to make it risk free. Some sites if you deposit 200$ or whatever the site will match it

 

[Gazzamogga]

Basically it uses betting sites free bet to make it risk free. Some sites if you deposit 200$ or whatever the site will match it

Sounds like something you can do for a month at most

 

[ChaddeusPeuterschmit]

Sounds like something you can do for a month at most

Yeah apparently you cap at a certain point then need to find another bookie