Jump to content

What is risk free betting? (matched betting)


Recommended Posts

Currently I earn somewhere between £30-£60 a day by betting. 


Its risk free, (unless the bookie decides to fold the company and not pay out. (very unlikely))


How does it work?


Being a bookie (where you place your bets) is a cut throat business. They all want your cash as people that bet normally (called from now onwards mugs) spend a fortune. 


So they make loads of offers to new people. 


We are not mugs, we are going to use math to make sure we win every single time we use a new bookie. 




All of the bookies offer sign up offers. Typically you will see something like, "Bet £20 with us, and we will give you a free £10 bet"


We are going to steal the free £10 bet from the bookie and win regardless of the outcome.  


Lets imagine a sporting event. England are playing Germany. The bookie says if you bet £20 with them they will give you a £10 free bet.



What your going to do is to bet England will win with the bookie with your real money. Then your going to go somewhere else, (from now on called the exchange) and bet england will lose with your real money. 


Your now going to be about £40 quid down, but..... No matter what happens one of the bets will win, and your be back to 0. (on a bet of £20 your probably end up about 40p down.)


Why have we done this?


Well we now have a £10 free bet, and its only cost us about 40P


Well what do we do with this free bet?


We do the same thing again, we bet another team to win at the bookie, then we go to the exchange and bet the opposite. No matter the outcome you win, but this time you win between 80-90% of the free bet. So you have turned a 40p loss, into an £9 win. 


It may sound complicated, but we have online calculators to help us, we have bookie matching software to tell us what to bet on, and all that is really involved is time. 


I spend about 2 hours a day and earn about £50, that's about £1500 a month tax free. 


What do I need to do next?


The best introduction I can give you, is from someone who sells you this information. They want £23 a month, you don't have to pay it. 


Simply signup to www.moneyaccumulator.co.uk And do the first two free bets. 


Watch the videos they have, and watch them several times. 


Once you have done the first two free bets and made about £40, don't sign up to them, ill show you how to do the rest for free. 



  • Like 4
Link to comment
Share on other sites

Your not betting on england to win, or germany to win.


Your betting on england to win, and england to lose.


Basically on the exhange your the bookie. You're taking someone else's money, who thinks england will win, and paying them out if they do.



  • Like 1
Link to comment
Share on other sites

For those who  haven't done so already, I think it's also a good idea to check if you have iesnare on your computer. iesnare is spyware that downloads itself on to your pc simply by visiting a gambling website and they use it to track your gaming habits and if you use oddschecker or things like that. Basically it makes it a bit easier for them to gub you. If you want to check if you have iesnare on your system do a search for any files/folders with the term "mpsnare". I did this a couple of days ago on mine and found 4 folders with "mpsnare.iesnare.com". Just deleting them will fix it, but if it comes back you can also edit the HOSTS file and block it from doing anything. I've read that some sites will not allow to deposit/withdraw or make bets with iesnare blocked so you may be forced to leave it unblocked, just something to bear in mind.


These instructions are not mine and were originally posted here




Click the Start button, click notepad or enter notepad in the bar at the bottom
Right-click on the Notepad item which appears at the top of the list
Choose "Run as administrator"...thats your user password, make sure you are logged on as administrator
as it wont work otherwise!
in "untitled - notepad" go to file and click open, then under "files of type" click all files
enter "C:\WINDOWS\system32\drivers\etc" in file name and click open
right click on "hosts" file (make sure it only says hosts, not hosts.bak or hosts.txt), select

properties and uncheck read-only box at bottom beside attributes
click apply then ok
then double click "hosts" again
Add the following lines in the next line below where it says " localhost" iesnare.com iesnare.co.uk www.iesnare.co.uk mpsnare.iesnare.com mpsnare.iesnare.co.uk www.mpsnare.iesnare.com www.mpsnare.iesnare.co.uk ci-mpsnare.iesnare.com ci-mpsnare.iesnare.co.uk www.ci-mpsnare.iesnare.com www.ci-mpsnare.iesnare.co.uk admin.iesnare.co.uk www.admin.iesnare.com www.admin.iesnare.co.uk iovation.com iovation.co.uk www.iovation.com www.iovation.co.uk www.iesnare.com admin.iesnare.com dra.iesnare.com impsnare.iesnare.com mpsnare.iesnare.com mx.iesnare.com snare.iesnare.com iovation.com accountlock-demo.iovation.com admin.iovation.com bam-pilot.iovation.com batch.iovation.com ci-accountlock.iovation.com ci-admin.iovation.com ci-mpsnare.iovation.com ci-snare.iovation.com dv-fw-a-nat.iovation.com ioit.iovation.com mx.iovation.com p.iovation.com rm-admin-demo.iovation.com soap.iovation.com test.iovation.com testgw.iovation.com

hold ctrl + s to save, then exit (it should not ask to save)

the open the command prompt (start -> all programs->accessories->command prompt)
and check that it is working by entering...type in the word "ping" followed by any of the entries
(without the numbers)..e.g ping mpsnare.iesnare.com..press enter

your looking to see similar to this:

Pinging mpsnare.iesnare.com [] with 32 bytes of data:

Reply from bytes=32 time<1ms TTL=128
Reply from bytes=32 time<1ms TTL=128
Reply from bytes=32 time<1ms TTL=128
Reply from bytes=32 time<1ms TTL=128

Ping statistics for
Packets: Sent = 4, Received = 4, Lost = 0 (0% loss),
Approximate round trip times in milli-seconds:
Minimum = 0ms, Maximum = 0ms, Average = 0ms

note all zeros at bottom and addresses at top
anything different to this is wrong!

ive done this on both vista and xp, both work.

Now, whenever IESnare attempts to phone home, your networking system will give
it the wrong address ( is always the address of your own computer), and
its messages won't get through. You can check this has worked by trying to go to
www.iesnare.com , or any of the above addresses, in your web browser: you shouldn't be able to get there and it should say it is unable to connect! 

  • Like 1
Link to comment
Share on other sites

Go advanced in the calc, and move the slider at the bottom, so if unibet wins, you get something. Whilst you look at the numbers changing between what you win at the exchange, and what you win at the bookie, keep in mind the calculator doesn't know about this offer.


This is called, over or under laying




PS use normal in th calc

Link to comment
Share on other sites

Bet as a normal bet.


Move the slider so if you win at the bookie you get £10, and if you win at the exchange you lose £10. Then if you end up winning at the exchange your lose £10 but the bookie will give your £20? and your be tanner up!




Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...