Last-gasp United goal proves costly

I have written before about how my pessimism for my beloved football has proved costly before, no more so than when Man Utd won the Champions League back in May.

I have clearly not learned any lessons from that experience, as with Sunderland holding United nil-nil after 85 minutes I thought I was on to a winner backing the game to finish a draw. With the odds on a draw rapidly dropping I followed up my first bet with a lay bet, thus locking in a £2.80 profit if the game were to finish a draw with nothing to lose if either team were to grab a last minute winner.

However greed got the better of me and I again put £10 on the result being a draw hoping to lock in a bigger profit as the odds continued to slide towards the full time whistle. But before I could make the lay bet on the draw, Vidic grabbed an injury time winner and my £10 evaporated as quickly as Sunderland’s hopes of winning a precious point at Old Trafford.

Cashing in more free bets

Matched betting is still proving very lucrative with opening two new online betting accounts and one offer from an existing account helping me to make a £46.32 profit over the past week. This takes my total profits from gambling this year to over £500.

Recession looms, but matched betting opportunities continue

The oncoming recession seems to have had little effect on online bookmakers as the introductory offers encouraging users to sign up remain very good. So good in fact that I took advantage of another one of these offers last weekend.

This time they were offering a £50 free bet after the first £50 qualifying bet which I turned into a £30.70 profit using the matched betting technique. Then by placing a further ten £10 bets I received another £50 free bet which I was able to match out for a £32.27 profit.

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Bordeaux Profit

More Champions League action tonight saw Bordeaux take on this years surprise package Cluj in Romania. I couldn’t resist the urge to take advantage of another matched bet, this time offering to match my £25 qualifying stake by effectively doubling my first bet.

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Despite market turmoil opportunities still exist

After throwing away a £20 free bet on Sunday I was keen not to dwell on my mistakes and get straight back into matched betting with £80 worth of free bets still up for grabs from the same bookie. This time I made sure to double check and then triple check everything just to be sure there would be no more mistakes. 

Thankfully everything went to plan this time and I was able to extract a £58.81 profit from the £80 worth of free bets. Whilst a return of 73.5% may not be the most spectacular return I have achieved from matched betting it does at least mean I am back on the bike after falling off on Sunday (figuratively speaking at least).