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Friday 5st, August 11:23:13 Am
Matched Betting Diary #1 - 2 Weeks Profit Update - How To Make Money Online - Spreadsheet Tracking


To do match betting you need to BACK a teamhorse with a bookmaker and LAY it on a betting exchange. I’m not from the United States, but it looks like betting exchanges like Betfair are only allowed to operate in Nevada, Delaware and New Jersey. Plus, so far most states banned sports betting. So, no matched betting for now.

However, there’s good news because in May the supreme court lifted the sports betting ban. This enables individual states to make sports betting legal, thus letting bookmakers and exchanges to operate. How does matched betting work?

Matched betting is simply a process of betting on opposite outcomes. There are two types of bet involved back bets and lay bets. Unlike welcome offers where we can only do them once, reload offers occur on a regular basis and enable us to keep the profits rolling in.

I’ve always thought that you very much get out what you put in. If you can commit to around minutes each day, a monthly profit of is very achievable. Matched betting is a technique that mathematically guarantees a profit from free bet promotions offered by betting companies.

Almost all bookmakers advertise these offers to entice new customers to place bets with them. For example, "bet 25 with us and we'll give you a 25 free bet!". How does matched betting work? Following your first or 'qualifying' real money bet, you will then be awarded the free bet by the bookmaker.

This is where the profit is made. Quite simply, you repeat the process bet using the free bet and then lay the bet. Whatever the result you are guaranteed to make a profit which I'll be demonstrating below. Matched betting has been around since the earlys, springing up with the rise of online bookmakers.

It's since found its way onto places as diverse as the Financial Times and the forums of Mumsnet, touted there as a money spinning free-for-all. The idea behind it is simple you sign up to bookies and take advantage of their free bet offers. You stake the free bets, then using a betting exchange such as Betfair which acts a marketplace between bettors "lay" bet against your original bet. Jack had just got back from a gambling industry conference in Lisbon, where he'd gone undercover to keep tabs on the bookmakers.

"I don't put Profit Accumulator's name on my conference badge-thing," he tells me. "They wouldn't like us particularly, I don't think.". With matched betting, almost every horse race I bet on makes me a profit, even when they don’t win. Now THAT’S what I like to call a cert. If you’re already signed up to quite a few bookmakers, it will only limit the amount you can earn from the sign-ups.

Hi I have just begun matched betting. How long is it before I can withdraw cash bonuses, or part of them? Or should I leave the bookies bonus alone and just use Betfair to withdraw funds? I would like to match bet as a full time income, and leave my horrible soul destroying minimum wage job. Matched betting is where you place opposing bets on the same race, match, game or event so that you win, regardless of the outcome.

OddsMonkey will show you how to use the welcome offers and free bets offered to new and existing customers to maximise your profit. You can learn more in our What Is Matched Betting guide. That depends on how much time you spend matched betting. Many of OddsMonkey’s users are consistently earning up to every single month, with some of our more advanced members earning much more.

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Matched Betting is a technique to convert the bonus that bookmakers offer into real money. It is not a get rich quick scheme. It is a way to gain some extra money working from home. It is not gambling in fact, this technique is made to take out the risk of betting.

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You can expect to make around with the welcome offers. After you finish the welcome offers the bookmakers offer weekly bonuses to get you back to bet on their websites.

You can make per month with these recurring bonuses. I’m already a gambler, can I make money with Matched Betting? You can use the bonuses of the websites where you have not registered yet. In addition, you can use the recurring offers listed in our recurring offers section. Arbitrage betting is simply placing bets across multiple bookmakers to make sure you do not lose whatever the outcome.

By leveraging promotions and the difference in odds, we can often guarantee a profit. Can I do Matched Betting in New Zealand? Yes, it is the exact same process as Australia. You can use the same tutorial and bookmaker. No, we have a free matched betting calculator that will do all the hard work for you.

Absolutely not, by backing all outcomes we guarantee we cannot lose money. The profit comes from extracting the cash. Matched betting is one of the most popular ways to make money online. But is match betting restricted to certain locations and can you get started from anywhere in the world? In this definitive matched betting guide we’ll look at which countries you can use this risk free betting technique in, the best non UK gambling sites as well as how you can start making money with OddsMonkey today.

Here’s their full list of supported countries Where can I use my Bet account? Note As a general rule, if Bet aren’t licensed in your country, no one will be. They have the best coverage of all UK gambling sites.

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Video Walk Through Of Matched Betting OfferWhere Can I Find Matched Betting Offers?Matched betting is using bookmaker free bet offers combined with betting. How Does Matched Betting Work?Where Does the Profit Come From?Where I’ll be walking you through the basic matched betting process step-by-step. Welcome to my Matched Betting Guide where I explain in simple terms exactly how it works and how you can start making money from free bets and many other promotions as soon as possible.

I’ve personally used the many elements of Matched Betting to make well over 30, side income over 3 years. I’ve included past in-depth income reports in the post below which show a breakdown of the monthly profit.

It is certainly one of the easiest and fastest ways to make make money. Do I Need Any Knowledge of Sports To Do Matched Betting? Prior to starting you don’t need to know anything about any sports. Anything you do need to know will purely relate to you making a profit. You learn all you need to know as you go along.

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Matched betting is nothing like that. In fact, it sounds way too good to be true a simple system where the profit is totally risk and tax free. With an hourly rate rewarding enough to make even the most handsomely paid lawyer’s eyes water.

As I said, it sounds too good to be true. Matched Betting A Worked Through Example.

Once you understand matched betting it is very simple, but originally getting your head round it can be quite tough.

The simplest way to explain it is to follow along with me as I actually do some matched betting. I already have accounts at most bookies, so for the sake this article I introduce a friend. My favorite sign-up bonus is at Bet and a quick check of their website shows that the offer is still there. Matched betting has been a really great side hustle for me, and I make 12, in my first year of matched betting.

Even now, I dabble in matched betting to make a few hundred pounds a month, more than two years after starting! I have put together a guide to making 1, or more a month from matched betting. Matched betting is a legal and tax free way to utlise offers that bookmakers give to new and existing customers. These offers can be turned into a guaranteed profit thanks to matched betting. It has been around for years now, and even The Guardian have written a. Matched betting means you match any bet you make by also betting on the opposite outcome.

You make money by using the free bet offers advertised by bookmakers in an attempt to try and get you to open an account with them. However, I now have a free 20 bet I can use. This next step is where you make your money. I placed my 20 free bet on Ecuador to beat Switzerland, and used my own money to lay the bet with Betfair. Again, there’s more complicated maths at play, but the end result is that however the game finishes, I win around This would be a lot more tense if the result mattered.

Ecuador were unable to beat Switzerland, losing to a last-minute goal, but the result didn’t matter to me. I’d won money on a football match. The questions are What is matched betting? - How much money can you make?.

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Matched Bets saves the leg work of trawling bookmaker sites every day by delivering these offers through daily updates along with details explaining how to turn every offer into profit. How much extra income can I earn from matched betting? Per month can be earned by working an average of minutes per day. Among the easy money claims being made, you’ll notice some people boasting they earn a month match betting. Yet, this is where matched betting really stands out.

Simply put, there is no risk of losing your money. All of the odds are calculated in advance.

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It doesn’t matter how much you win or how frequently you do it. We looked at the example of using a free bet earlier. This is great but what comes next? Finding a constant supply of good offers is the key to winning regularly. This is where your matched betting software is vital. This will ensure that you always stay up to date with the latest deals from all the bookies.

There are bucket-loads of free bets out there.

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Matched Betting is something that is becoming more popular and well known, and literally anybody can do! It’s been something that I have managed to fit around my family and work commitments doing nothing more than 30 minutes per day. It’s something that I have been able to share with friends and family over the years, and now I’m going to show you how with as little as you can start your no risk matched betting journey.

Receive our FREE 7-day training videos where we make you Lay bet This is where you bet against the outcome of an event i.e. That Manchester United will lose a football match. This means that if the game is a draw or the other team win, you will get your stake back as well as your winnings. If they win the game you will lose your original stake. Mtched btting also known as back bet matching, lay bet matching or double btting is a btting technique used by individuals to profit from the free bets and incentives offered by bookmakers.

It is generally considered risk-free as it is based on the application of a mathematical equation rather than chance. Moreover, matched betting is considered risk-free as it negates the liability of the bet by laying the same outcome. A typical return for a matched bet where the stake is returned is 85+ of.

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Our Matched Betting Guide will show you the best way make money online. We tell all so YOU can start earning TODAY. We do this by matching each bet with the opposite outcome at a betting exchange.

How Does Matched Betting Work? Most offers require you to place a normal bet before you are given your free bet. For example Bet 10 get 30 in free bets. Sports Betting FAQ Answering all of your bet questions, including bonuses, legality, safety, live streaming and addiction.

This can depend upon which operator you use. How can I deposit and withdraw using my creditdebit card? Using a card for deposits and withdrawals is really simple.

First you have to add it as a payment method on your bookmaker. What does Matched Betting mean? Matched Betting is a technique used by bettors to garner profit from free bets and other incentives that sportsbooks have to offer. You need to place multiple bets to trigger the offer. Mainly, you place one bet for a certain team to win, for example, and then another for the team not to win. Regardless of what happens in the match, you will have unlocked your free bets.

You can find an example of this bet in our article above. Where can I place a Matched bet? As this is a very popular bet type, you can place it with almost all online operators nowadays. How can I place a Matched bet? Take a look at our article above for a step-by-step guide.

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Do you remember a little while ago I hosted a post from Jon at The Money Shed about ways to earn money from home? Well, I have another post from Jon today and easy matched betting how to guide. I’ve had a go to test the theory, and it worked, but Jon is an expert at matched betting and makes thousands! Why not give it a try and let me know how you get on?

Be careful and cautious with your money of course. Hi everyone Jon again here from The Money Shed, the UKs largest community website for earning money from home. I believe it was one hit wonder artist Betty Boo wh. Is Matched Betting full-time possible? Can I quit my job and do matched betting for a living? Meet Josh who does exactly that!

I met Josh on the OddsMonkey forum which is a great community for those of us who make a side income doing matched betting.

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Members help each other by discussing various offers, different bonus rules, share their profit stories and whine too! Michael I met Josh at the OddsMonkey forum, which is a place where all the matched betting members gather together and discuss offers, rules and different do’s and don’ts. For those who have never heard of Matched Betting before, it’s a way to basically exploit offers in a legal way making betting risk-free and profitable. Matched betting is an unrivaled betting strategy that skilled bettors make use of everyday.

You must have noticed that some betting sites usually offer a deposit bonus on your first deposit or a free bet. However, since you need to place bets using the deposit bonus, you might end up losing your bonus if your bets are not successful. Matched betting will help you turn the tables on betting sites, and in the end you should be able to keep the entire bonus offered.

Now you need to find a football match that has almost similar odds on the site where you are placing the back bet as well as on Betfair. Make sure that the match you have selected has odds that qualify the requirements set in place by the betting site. Find matches where home and away team are evenly matched, say both at 64, then using 3 bookies place bets on each outcome had, work it out so that whatever happens your only a couple of quid down eg 40 each home away 25 on the draw.

When these bets are settled you now have 3 free matched bets to do the same again, whatever the outcome your quid in front even including the loss you had previously. I did this several years ago with dozens of online bookies and made several hundred quid.

It didn't make me rich but it certainly paid for my seasons betting bank.

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Where is it better to make bets - on the internet or in a bookmaker's office? In previous years, players would make bets in bookmakers' offices more often PPC There you could meet with friends, watch the broadcast together and discuss the selection of bets. In todays world, most players choose online sportsbooks, because it is fast and comfortable. The question "which is better" is very subjective. Everyone will choose the choice that fits them better.

Of course, you can - it all depends on your understanding of sports and on the discipline of the player.

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Can I use betting as a main source of income? Bets made with the bookmaker should be done for the sake of enjoyment, as a hobby, or to increase the emotional aspect of the event. Matched betting, bonus bagging, back and lay bet matching and double betting. They are all the same thing, but what do these terms mean exactly? Let’s take a trip into the lucrative world of Matched Betting and find out exactly what it is and how it works!

Before we jump in head first, it is important to realise that matched betting does not involve any gambling. A close match is a sporting event where the back odds at the bookmaker website are as close as possible to the lay odds at the exchange. The closer the odds, the more profit we can extract.

On rare occasions the odds at the bookmaker website might actually be higher than the lay odds at the exchange.

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This matched betting guide will take you through step by step on what to do. We will also provide you with handy tips, strategies, and even give you some of our users’ opinions. Topics Covered click to go to your favourite! All of the Bonuses for Matched Betting. Thanks to matched betting I can top up my salary as a dustbin man and remove some of the worries. Steve from Grimsby said For a student like me, matched betting is ideal secure pay every month, with no fees and easy to do! I had never bet in my life, but following all the advice and information I read, I now bring home a little extra every month!. Matched betting is also completely focused on the sports market which is quite exciting as most people have a greater interest in sports than currency exchanges and options trading - though you don't need to be interested in sports to make money with matched betting either.

Learn more about why matched betting is so popular click here to find out more.

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How Much Money Do I Need To Deposit To Get Started? This is a bet placed on a Betting Exchange where you want a particular result not to occur. For example, Team A vs Team B. If you lay "Team A to win", the result you are betting on is actually "Team A not to win".

If the event ends with Team B winning or a draw, this lay bet will actually win. As well as pre-match betting, in-play betting has also been a way where match fixers have benefitted. When irregular pre-match odds appear, this also suggests that something dodgy is going on. With in-play betting, there is an automated process that will alert the bookie of any irregular patterns on in-play bets, who will then contact the authorities.

Most players have bad moments, with even the elite players having games where they’ll want to forget what happened. However, there are those times where a player makes such a bad mistake or plays so poorly that it’ll shock you.

Out of every position on the football field who can impact a game, the keeper is the player who can do it the most.

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I do track my bets in quite a methodical manner, so I was aware that as a recreational gambler I was making losses for the most part, occasionally breaking even if I’m lucky. Diego How much are you winning net profits per month now? Thomas Well, initially I started with a modest bankroll and was profiting less than 1 grand a month. Since majority of bettors bet emotionally rather than rationally, the betting markets have a bias against draws. That’s where the real money lies. But for us, we’re very happy to see or scorelines.

Diego Can you give our readers a breakdown of an average month of betting how do you make that 3.

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Matched betting is something that many of you will no doubt have heard of, but what actually is matched betting? As a way of trying to gain players, many bookmakers will offer a range of free bet options to try and lure punters to their site. These often involve placing a qualifying bet in order to receive a range of free bets which is where matched betting comes in. If you were to join the bookmaker and wager normally there is a chance you could win the qualifying bet as well as the free bets, however, there is a chance that you could lose.

But in order to guarantee a profit, you will need to.

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Trends betting If you and a few of your mates are betting on the same type of selections at the same time of the day, it will be noted. One of the two bookies I’ve been involved with have an engine that compares bets exact bets between different customers and looks for trends. Over the coming months they will know everything I do and their accounts will last much longer then the usual guys. Any system that is mostly automated can be gamed and while its sad that it’s a game we even have to play, there is great pleasure in taking money from bookmakers.

As a group the Dailyprofit members have already taken over more than, from the bookies in under 3 months.

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Matched Betting v’s Betfair Trading The first thing to say is I’m not talking about what’s better. It depends purely on what you’re hoping to achieve. I don’t dislike matched betting or those that do it, I think it’s a great idea.

Obviously I’m a little bias towards trading, but it’s been a massive part of my life for some time now. What I’m about to highlight here is something that’s important because, it’s not visual. I can see where the confusion comes from in some ways, but it’s extremely foggy for those walking the path as betting, trading and matched betting are non-visual’ activities. Plus many probably skew the truth.

It’s not like falling off a bike now is it? Everybody can clearly see where you went wrong, should it be the case. Here’s my way of making it clear, via an analogy I created Fair Analogy.

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Searching for "matched betting" will lead you to useful forums and spreadsheets to help with the calculations. Most people exploiting these offers usually accept losing a small percentage of the free bet during the process. With experience it's not too hard to find favourable events to back at the bookmaker and lay on the exchanges.

Bookmakers try and avoid this as it means they're being over-generous with their odds. The professionals are making hundreds of pounds by systematically scouring the internet for big money offers.

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Matched Betting is a technique which is used to cover all possible outcomes of any event by placing opposing bets at a bookmaker and at an exchange at the same time. Is there any risk involved with Matched Betting? No, if done correctly then there is zero risk attached to matched betting. The only risk is human error, or not following the steps correctly.

How Much Money Do I Need To Start? The technique and process remains the same regardless of where you reside. We will try and slowly add as many countries a possible. If you feel your country has potential then send us an email and we could look into adding it! How much tax do I pay on my winnings? Matched betting is a tax-free form of income.

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Here’s an example called matching’ the free bet. The bookie gives you a 25 free bet and you place it on York City to beat Chelsea in a cup match at the weekend. Let’s say the odds for York to win are 6 to 1, which can be shown as 7 in decimal format which most sites use now. You winnings in this case would be Of course we can’t be sure that York City will win. You now need to place the matched’ bet which must be the exact opposite of the first. The simplest way to do this is to use an exchange like Betfair.

You go to the exchange and lay York City to beat Chelsea.

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Arbing - aka 'matched betting' - means taking advantage of odds variation between bookmakers to make a profit on an event regardless of its outcome. It involves simultaneously betting on every outcome of an event, while calculating that, whatever happens, the combined bets will guarantee you a profit.

The key to arbing is finding two bookmakers offering significantly different odds. Opportunities for arbing occur in a wide range of different sports. Do your research to learn about the best places for arbing opportunities. Fluctuations in odds mean these only stay available for short periods, so a key to successful arbing is monitoring the betting markets and, when the moment comes, quickly taking advantage of odds that offer guaranteed profits.

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Student Matched Betting is the personal and comprehensive service, with our easy to use tutorials and round the clock help and advice make it easier than ever to earn that much needed bonus to your income. Increase your profits with the UK’s 1 matched betting site. Have a look at the training and tools we offer. Bookmakers have a competitive market, due to this they have to give away large bonus offers to attract new customers and keep them betting.

If you are cautious about starting all I can see is try the free trial and you wont be disappointed. With all the guides and tutorials its really easy to start.

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The matched betting professionals say as a bank is where you want to aim for before you take profits out. I personally have and its fine for me. Everyone has different reasons for making extra money, I personally want to save money for a house so spending the profits is not going to help me achieve that.

Everybody’s situation is different, if you are unable to save every penny you make matched betting then you will potentially have to wait a few days between offers. I can’t recommend enough that you treat matched betting like your own little business that you can build up over time. Don’t spend the profits straight away, let the profits build up in your separate matched betting bank account.

We call this building your bank.

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Match betting - Where odds for both Outright and Handicap betting are available, all bets are settled on the outright price, unless the handicap or qualifying price has been specifically selected. At least 55 minutes of play must take place for bets on that match to stand. He also bet on that tennis match, and some others who bet on that match also bet on Oliver bowling a wide.

Where there is a dispute concerning who scored the goals in a match, bets will be settled based on the decision of the Press Association PA immediately the match is finished.

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A bad bet is a bet where it could go either way, you have a lack of knowledge about one or both teams, and also a bet where the odds are very accurate we'll talk more about odds later. In my Ballsy Bets series I usually bet big and win big, almost always on Underdogs. I don't pick these bets at random and I NEVER bet because I want to bet, but because I think the bet is good. Bet 4 times a day and risk losing value or bet once every second week and win big? What most people do when they start betting is, they lose one of their fi.

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Make a Profit With Matched Betting. Matched betting can seem intimidating, but if you are prepared to work hard and learn, it can be profitable. The technique involves creating multiple online betting accounts, then using the rewards and incentives offered to place risk-free bets. You do not need betting or sports experience, but getting the right odds is still important so you will need to understand this aspect of gambling. Odds Monkey have a free account option where you can test matched betting and earn up to 45 profit completely free!

- proving the paid for service is worth investing in to earn more. They built the original matched betting software - The oddsmatcher which constantly scans bookmakers for profitable opportunities.

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Learn how to get into matched betting nice and easily here with an introduction method and sample bet.

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BET SMARTERMatched betting made easy we even display your potential profitsSee the performance of the person who created the bet.

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Matched betting a legal betting loophole that allows you to make money online from bookmakers free bets. I make a living from matched betting. This video contains affiliate links. If you purchase through my links I receive a commission. Please note any earnings shown are due to hard work and are not necessarily going to be the same across all individuals. I'm offering over worth of training, funnels, resources and support to anyone that joins my team.

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The queue, where bets are waiting to be matched may also be referred to as market depth or volume. As a result, there are three things that can happen in terms of Matching when having a bet on the Exchange 1. When a bet is matched, it simply means two people have agreed on a stake and amount of liability. For example, you BACK Golden bank to win at odds of for a stake of 5.

It is matched when someone is prepared to LAY Mrs Zeltfire at odds of for a 5 Backers Stake. A punter is backing Golden Bank to win 36 and the layer bookie is risking 36 to win 5.

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Start your Matched Betting journey today with Oddshero. To be a successful matched bettor, the key is to combine the bonus bet with a cover bet in such a way that no matter what happens, you win money. There are lots of ways of doing arbitrage and I am going to show how it works in typical events where we look at it as only two outcomes. To have the knowledge required to understand this, you should read the articles What are odds? This article goes through arbitrage betting while both backing and laying an event.

It is possible to do this in different ways, but I will mainly go through how it is done using a betting exchange, as well as through Asian handicap. Check out this article to be able to understand how to do it with three outcomes.

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I started matched betting then starting gambling with large stakes. The gambling was somewhat successful but that and a mixture of matched betting and arbing lead to the profits to be over that amount. I can only assume I'm misunderstanding something and costing them more due to the fact I'm winning, which doesn't make me fully understand as it's Pbetting, right? If that wasn't the case, why up my commission? Now, due to the 3 commission it would be unwise for me to ever use them again. You will not find one other betting company that charges commission on losing bets.

You will not find one other Exchange where they do not allow you to trade. A bit of a stupid company in all honesty who are only looking for matched bettors and arbers throwing away all the value.

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Where can I find long term bets for different sports? Long term bets are available only for leagues and cups. Users can check the prices for who will win the competition in the league outrights tab. Where can I see the most important games for today? We made sure you will never miss any of the exciting matches happening for the day. Not only do we have a dedicated Sport Highlights page, but also you can see those popular games at first glance on the homepage.

If you are interested in a particular sport - we got you covered as well. Each sport page shows the most important games first by defaul.

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