THIS IS THE LATEST INSTRUCTIONS

Last updated: 01/07/15 10.20am UK Time

Event - Sweden U21 Vs Portugal U21 30/06/15 7.45pm
Total profits expected = £20.67+ || Total bank required = £149.30 max

Phase #1. Registration COMPLETE

• Betfair - £30 free bets (use promo code: ZSK200)
  
• Smarkets - £10 free bet
  
  

Phase #2. The qualifying bet COMPLETE profit/loss= between -£0.58 and -£1.01

Phase #3. Wait for free bet COMPLETE 28/06/15 you should now have 3x £10 free bets in your betfair sportspook account

Phase #4. Extracting the profit COMPLETE 01/07/15

Phase #5. Calculate overall profit COMPLETE profit between +£19.90 and =£22.01

Phase #6. Withdraw ACTIVE make your withdrawals now

Have you heard about 'matched betting'?

Popular UK betting firms such as Betfair, William Hill, Ladbrokes and many many others offer welcome bonuses to new customers. All of these promotions carry terms and conditions before you are able to withdraw. Some are complex and some are not so complex. It is possible to place bets on all outcomes and calculate an overall profit when taking the welcome bonus in to consideration.

I have done a lot of matched betting over the years and I can complete bonuses speedily and confidently. In this thread I will aim to give you instructions once a week in order to complete a particular offer. I will state the minimum amount of funds which you will need to place your bets in order to achieve an expected profit, which will also be stated. These will be displayed along with each offer, so that you can take this in to consideration when deciding to proceed or not.

Support

I will help you out where I can. The instructions I give should be very simple to follow but if you require assistance please reply in this thread and I will do my best to assist you.

I must express that explanations of how matched betting works will be time consuming and it is with regret that I feel I do not have adequate time to engage in this discussion. I have written an introduction to it which is displayed on my website. If you wish to read more about it you can do so at http://www.bettingprophet.com. I also encourage you to google 'matched betting', where you will find it has been discussed at many reputable places such as moneysavingexpert.com. It has also been discussed in national newspapers such as The Guardian and The Telegraph.

This giveaway is intended to simplify the process as much as possible e.g. bet £x on A at odds of m, bet £y on B at odds of n. Profit made = t. This makes it possible for anybody and everybody to participate with no prior knowledge, so long as you reside in the United Kingdom. Below is an example of how it will appear.


Requests

If this is something that you feel you are interested in but you are already a customer of the betting sites which I post instructions for and are therefore ineligible to receive their welcome bonus, then by all means let me know and I shall see if I can accomodate you with instructions for some other betting site.

Tips

If you follow my instructions and would like to show me your appreciation then you can do so in two ways. Neither are mandatory, but both would be greatly appreciated and motivate me to continue doing this for others.

1. You could send me a tip at 14CbgRiywvJSz5XzJ9Qq7LLqFmMjMEDv8u.
2. You could click my referal links before you register your new gambling accounts (clear cookies first or use a different browser).

Instructions

Instructions will be updated in the post below this one. They will contain six phases.

Phase #1. Registration
Phase #2. The qualifying bet
Phase #3. Wait for free bet
Phase #4. Extracting the profit
Phase #5. Calculate overall profit
Phase #6. Withdraw

Phase #1. Registration - This will name the gambling websites that will be used to complete this process. Kindly register your accounts with your correct information before continuing to the next phase.

Phase #2. The qualifying bet - This phase consists of placing two opposing bets covering all outcomes. Usually the aim during this phase is to calculate as small of a loss as possible.

Phase #3. Wait for free bet - different bookmakers take different times to credit the free bet. If they have not done so automatically by the time they have said in their terms and conditions you should contact them to ask them to credit it to your account.

Phase #4. Extracting the profit - This phase is very similar in practice to phase 1 but the aim this time is to calculate as much profit as possible.

Phase #5. Calculate overall profit - Simply a case of taking the profit made in phase three and subtracting the loss made in phase 1.

Phase #6. Withdraw - Once all bets are settled you can withdraw. The gambling site may ask you to to prove your ID before they process your withdrawal. This is simply a case of emailing them a scan/photo of your identity documents.

sports arbitrage? 10% isn't going to happen on one bet. 1% is more likely, so you will need to find ten arbs in 3 days. Or maybe less if you can compound your winnings. I don't think it's going to happen, but good luck!

Yes. I found the blog last night and was reading about notaries. I was thinking the ideal party to do this could be the courier as that confines the trade to the only three parties who are involved in the exchange. You could argue conflict of interest, but reputation should be pretty important to a professional courier.

The buyer could check the package before he signs. This would be more time consuming for the courier for which he could adjust his prices for.

Will openbazaar run like a website like eBay or will each user need to install a piece of software?

I had a quick look on the site and through it's FAQ for the answer to my question but couldn't see an answer.

Are payments always made 100% up front? If so there are going to be scams on the vendor side.

When transactions can be 'released' after a courier tracking service status is set to "delivered", we will have reached a special moment in time.

What happens if you die before me and the vpn goes down? Who is going to return my vpn service to me?

I was thinking the same thing.

its nice to see such a script for sale. Can you easily restrict various locations through the admin panel?

I think it's the licensees that the governments will go after, not the gamblers.

Not as of December 2014. Legislation came in to force in the UK where there is a new point of consumption tax of 15% payable by it's licensees.

Many thanks for sharing. Time to let this thread die.

I was talking in the sense that in the future miners require fees that are deemed extortionate to the average joe. Could this happen? Would miners have any say over the fees required once all bitcoins are mined?

Anyone know where i can find a graph showing the total bitcoin market cap in usd over time? There must be one out there somewhere. Thanks in advance

Central heating

So will our great great great great great grandchildren be protesting about immoral mining fees and calling for miners to be regulated?

I am sure it is possible but as is the case with most arbitrage you need to analyse the markets yourself and then jump on when the moment is right. Unless of course you can find a small team to share with. Publicly sharing tends to ruin arbs pretty quickly.

I myself have not arbed with bitcoin. The motivation is to lump as much on as you can once you have found an arb but I have no such confidence in any sportsbooks to put 3 figures on let alone 4.

Maybe in time. Who knows?

I hate it. I hate it all.

I get a different impression. It seems to me they are out in force and such a 'criminal' would be attacked at the jugular.

The government are taking bitcoin seriously. The next phase is to get licensed bitcoin gambling sites. Integration in to already licensed fiat sites comes after.

In Western movies men with guns rob banks. If the man on the street is his own bank he may be much easier to rob than a more organised operation. There has to be a price though.