Matched Betting Explained

Published on: August 5th 2011. Last updated: August 10th, 2011 at 12:48 am.

Matched Betting Case Study – Part Two

Racing PostThis is Part Two of a matched betting case study. So far, the current profit from matched betting has come to £262.80 in the pursuit to make over £400 profit in just 4 weeks through casual match betting. Please click the following link for Part One of the matched betting case study.

Matched Betting Results

Bookmaker: Stan James UK

  • Qualifier Bet:
    Yeovil v Nottingham Forest, Bet -£25.00 Draw at Stan James UK (Odds of 3.2)
  • Matched Bet:
    Yeovil v Nottingham Forest, Lay -£24.62 Home Win / Away Win at Betfair (Odds of 3.3)
  • Outcome:
    -£1.62 Home Win / Away Win at Betfair (Odds of 3.3)

 

  • Free Bet:
    Watford v Newcastle, Bet Free £25.00 Bet Watford / Watford at Stan James UK (Odds of 5.5)
  • Matched Bet:
    Watford v Newcastle, Lay -£20.64 Not Watford / Watford at Betfair (Odds of 5.5)
  • Outcome:
    £19.61 Not Watford / Watford at Betfair (Odds of 5.5)

Total = £17.99
(Cumulative Profit = £280.79)

Bookmaker: Sunderlands

  • Qualifier Bet:
    West Brom v Wolves, Bet -£25.00 Over 2.5 goals at Sunderlands (Odds of 2)
  • Matched Bet:
    West Brom v Wolves, Lay -£26.18 Not Over 2.5 goals at Betfair (Odds of 1.96)
  • Outcome:
    -£0.13 Not Over 2.5 goals at Betfair (Odds of 1.96)

 

  • Free Bet:
    Lincoln v Bristol Rovers, Bet Free £25.00 Cash Away Win at Sunderlands (Odds of 3.2)
  • Matched Bet:
    Lincoln v Bristol Rovers, Lay -£56.25 Home Win / Draw at Betfair (Odds of 3.25)
  • Outcome:
    £23.75 Away Win at Sunderlands (Odds of 3.2)

 

  • Qualifier Bet:
    Lincoln v Bristol Rovers, Bet -£25.00 Away Win at Sunderlands (Odds of 3.2)
  • Matched Bet:
    Lincoln v Bristol Rovers, Lay -£56.25 Home Win / Draw at Betfair (Odds of 3.25)
  • Outcome:
    -£1.25 Away Win at Sunderlands (Odds of 3.2)

 

  • Qualifier Bet:
    Sampdoria v Catania, Bet -£25.00 Away Win at Sunderlands (Odds of 2.5)
  • Matched Bet:
    Sampdoria v Catania, Lay -£25.51 Home Win / Draw at Betfair (Odds of 2.5)
  • Outcome:
    £0.72 Home Win / Draw at Betfair (Odds of 2.5)

 

  • Qualifier Bet:
    Palermo v Siena, Bet -£25.00 Home Win at Sunderlands (Odds of 2.4)
  • Matched Bet:
    Palermo v Siena, Lay -£34.67 Away Win / Draw at Betfair (Odds of 2.3)
  • Outcome:
    £0.33 Home Win at Sunderlands (Odds of 2.4)

 

  • Qualifier Bet:
    Palermo v Siena, Bet -£25.00 Home Win at Sunderlands (Odds of 2.4)
  • Matched Bet:
    Palermo v Siena, Lay -£35.32 Away Win / Draw at Betfair (Odds of 2.36)
  • outcome:
    -£0.32 Home Win at Sunderlands (Odds of 2.4)

 

  • Qualifier Bet:
    Palermo v Siena, Bet -£85.00 Home Win at Sunderlands (Odds of 2.4)
  • Matched Bet:
    Palermo v Siena, Lay -£118.63 Away Win / Draw at Betfair (Odds of 2.32)
  • Outcome:
    £0.37 Home Win at Sunderlands (Odds of 2.4)

Total = £23.47
(Cumulative Profit = £304.26)

Bookmaker: Blue Square

  • Qualifier Bet:
    Stuttgart v Energie Cottbus, Bet -£25.00 Home Win at Blue Square (Odds of 1.17)
  • Matched Bet:
    Stuttgart v Energie Cottbus, Lay -£4.88 Away Win / Draw at Betfair (Odds of 1.19)
  • Outcome:
    -£0.71 Home Win at Blue Square (Odds of 1.17)

 

  • Free Bet:
    Chelsea v Man United, Bet Free £25.00 Bet 0-1 at Blue Square (Odds of 8.00)
  • Matched Bet:
    Chelsea v Man United, Lay -£19.55 Not 0-1 at Betfair (Odds of 9.00)
  • Outcome:
    £18.57 Not 0-1 at Betfair (Odds of 9)

Total = £17.86
(Cumulative Profit = £322.12)

Bookmaker: UK Betting

  • Qualifier Bet:
    Lincoln v Bristol Rovers, Bet -£10.00 Away Win at UK Betting (Odds of 3.25)
  • Matched Bet:
    Lincoln v Bristol Rovers, Lay -£22.70 Home Win / Draw at Betfair (Odds of 3.2)
  • Outcome:
    -£0.20 Away Win at UK Betting (Odds of 3.25)

 

  • Qualifier 1/2/3:
    Lincoln v Bristol Rovers, Bet -£30.00 Away Win at UK Betting (Odds of 3.25)
  • Matched Bet:
    Lincoln v Bristol Rovers, Lay -£68.09 Home Win / Draw at Betfair (Odds of 3.2)
  • Outcome:
    -£0.59 Away Win at UK Betting (Odds of 3.25)

 

  • Qualifier 4/5:
    Lincoln v Bristol Rovers, Bet -£20.00 Away Win at UK Betting (Odds of 3.25)
  • Matched Bet:
    Lincoln v Bristol Rovers, Lay -£45.09 Home Win / Draw at Betfair (Odds of 3.15)
  • Outcome
    -£0.09 Away Win at UK Betting (Odds of 3.25)

 

  • Free Bet:
    MK Dons v Shrewsbury, Bet Free £10.00 Bet Shrewsbury / Shrewsbury HT/FT at UK Betting (Odds of 8.00)
  • Matched Bet:
    MK Dons v Shrewsbury, Lay -£8.00 Not Shrewsbury / Shrewsbury HT/FT at Betfair (Odds of 8.6)
  • Outcome:
    £7.60 Not Shrewsbury / Shrewsbury HT/FT at Betfair (Odds of 8.6)

 

  • Free Bet:
    Chelsea v Man United, Bet Free £15.00 Bet Chelsea / Man United HT/FT at UK Betting (Odds of 34)
  • Matched Bet:
    Chelsea v Man United, Lay -£15.49 Not Chelsea / Man United HT/FT at Betfair (Odds of 32)
  • Outcome:
    £14.72 Not Chelsea / Man United HT/FT at Betfair (Odds of 32)

Total = £21.44
(Cumulative Profit = £343.56)

Bookmaker: Eurobet

  • Qualifier Bet:
    Gimnasia Jujuy v Belgrano, Bet -£97.00 Away Win at Eurobet (Odds of 4.25)
  • Matched Bet:
    Gimnasia Jujuy v Belgrano, Lay -£101.79 Home Win / Draw at Betfair (Odds of 4.1)
  • Outcome:
    -£0.30 Home Win / Draw at Betfair (Odds of 4.1)

 

  • Bet:
    Gimnasia Jujuy v Belgrano, Bet -£3.00 Away Win at Eurobet (Odds of 4.25)
  • Matched Bet:
    Gimnasia Jujuy v Belgrano, Lay -£3.23 Home Win / Draw at Betfair (Odds of 4)
  • Outcome:
    £0.07 Home Win / Draw at Betfair (Odds of 4)

 

  • Free Bet:
    Elfsborg v IFK Goteborg, Bet Free £20.00 Bet 1-1 at Eurobet (Odds of 6.5)
  • Matched Bet:
    Elfsborg v IFK Goteborg, Lay -£15.83 Not 1-1 at Betfair (Odds of 7)
  • Outcome:
    £15.04 Not 1-1 at Betfair (Odds of 7)

Total = £14.81
(Cumulative Profit = £358.37)

Bookmaker: Skybet

  • Qualifier Bet:
    AC Milan v Liverpool, Bet -£20.00 AC Milan/Draw HT / FT at Sky Bet (Odds of 17)
  • Matched Bet:
    AC Milan v Liverpool, Lay -£20.67 Not AC Milan/Draw HT / FT at Betfair (Odds of 16.5)
  • Outcome:
    -£0.36 Not AC Milan/Draw HT / FT at Betfair (Odds of 16.5)

 

  • Free Bet:
    Real Madrid v Deportivo, Bet Free £20.00 Bet 2-1 at Sky Bet (Odds of 10)
  • Matched Bet:
    Real Madrid v Deportivo, Lay -£17.22 Not 2-1 at Betfair (Odds of 10.5)
  • Outcome:
    £16.36 Not 2-1 at Betfair (Odds of 10.5)

 

  • Free Bet:
    Real Madrid v Deportivo, Bet -£15.00 2-1 at Sky Bet (Odds of 10)
  • Matched Bet:
    Real Madrid v Deportivo, Lay -£16.39 Not 2-1 at Betfair (Odds of 9.2)
  • Outcome:
    £0.57 Not 2-1 at Betfair (Odds of 9.2)

 

  • Qualifier Bet:
    Sweden v Latvia, Bet -£5.00 Home Win at Sky Bet (Odds of 1.25)
  • Matched Bet:
    Sweden v Latvia, Lay -£1.30 Away Win / Draw at Betdaq (Odds of 1.25)
  • Outcome:
    -£0.05 Home Win at Sky Bet (Odds of 1.25)

 

  • Free Bet:
    Belarus v Netherlands, Bet Free £5.00 Bet HT / FT Belarus/Belarus at Sky Bet (Odds of 9)
  • Matched Bet:
    Belarus v Netherlands, Lay -£4.19 Not HT / FT Belarus/Belarus at Betdaq (Odds of 9.6)
  • Outcome:
    £3.95 Not HT / FT Belarus/Belarus at Betdaq (Odds of 9.6)

 

  • Free Bet:
    Southampton v Blackpool, Bet Free £10.00 Bet 1-2 at Sky Bet (Odds of 17)
  • Matched Bet:
    Southampton v Blackpool, Lay -£9.17 Not 1-2 at Betdaq (Odds of 17.5)
  • Outcome:
    £8.71 Not 1-2 at Betdaq (Odds of 17.5)

 

  • Qualifier Bet:
    Porto v Besiktas, Bet -£25.00 Home Win at Sky Bet (Odds of 1.44)
  • Matched Bet:
    Porto v Besiktas, Lay -£11.74 Away Win / Draw at Betfair (Odds of 1.46)
  • Outcome:
    -£0.63 Home Win at Betfair (Odds of 1.44)

Total = £28.55
(Cumulative Profit = £386.92)

Bookmaker: Betdirect

  • Qualifier Bet:
    Trinidad v Guatemala, Bet -£25.00 Away Win at Betdirect (Odds of 2.1)
  • Matched Bet:
    Trinidad v Guatemala, Lay -£25.86 Home Win / Draw at Betfair (Odds of 2.08)
  • Outcome:
    -£0.43 Home Win / Draw at Betfair (Odds of 2.08)

 

  • Free Bet:
    Real Madrid v Mallorca, Bet Free £25.00 Bet HT/FT Draw / Real Madrid at Betdirect (Odds of 5.5)
  • Matched Bet:
    Real Madrid v Mallorca, Lay -£20.64 Not HT/FT Draw / Real Madrid at Betfair (Odds of 5.5)
  • Outcome:
    £19.61 Not HT/FT Draw / Real Madrid at Betfair (Odds of 5.5)

Total = £19.18
(Cumulative Profit = £406.10)

A total profit of £406.10 within the first four weeks Matched Betting… and I still had a whole bunch of Free Bets to go!


Matched Betting Case Study – Part Two was written and published by - who has written 123 posts in total.


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