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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.
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.
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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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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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).
