Eye of the Tiger Newbie Blog
Well this all looks jolly simple, making risk free cash, placing bets and laying them off on Betfair.
So can a newbie really make money at this, well let’s see, follow me and my diary into the world of risk free betting. 
Armed only with about £100, a Betfair account, Oddsmatcher and the support email address to bet72 I will set about to see how much I can make in the coming weeks. I have a few old bookie accounts from a previous life as a punter but looking at the list we have plenty to have a go at, so there should be a nice profit in this if it all goes to plan!
Darren has kindly offered to post these up on the site so you can see how I did it my way! I have never done anything like this before so please be gentle with me.
All pretty exciting really, right then off we go….
Oh and if you were wondering about the name, it is just a family thing, long story but has always been a lucky name for us!
Note:
One of the great things this exercise has done for me is to get me to document all the bets I am placing in a consistant manner. This is important no only to keep track of the offers I have done but also so I know where to withdraw from after an event has finished. Below is the spreadsheet I use to document the bets as I do them and I can instantly see overall profit too!
|
Date |
Free Bet Offer |
Bet Type |
Selection |
Odds |
Stake |
Betfair Odds |
Stake |
Liability |
Result (Won = Back / Lost = Lay) |
P/L |
Running Total |
|
10-Jun |
Ladbrokes – £10 sign up |
Qualifier |
England v Andorra – 90 min result – England win |
1.01 |
10.00 |
1.02 |
10.41 |
0.21 |
W |
-0.11 |
-0.11 |
|
10-Jun |
Paddtpower – £25 sign up |
Qualifier |
FC Brasov v Poli Timisoara – 90 min result – FC Brasov win |
2.50 |
25.00 |
2.48 |
25.72 |
38.07 |
W |
-0.57 |
-0.68 |
|
10-Jun |
Ladbrokes – £10 sign up |
Cashout |
Finland v Russia – 90 min result – Finland win |
5.00 |
10.00 |
5.00 |
8.08 |
32.32 |
L |
7.68 |
7.00 |
|
11-Jun |
Paddtpower – £25 sign up |
Cashout |
Kolding FC v Lyngby – 90 min result – Draw |
3.40 |
25.00 |
3.85 |
15.79 |
45.00 |
L |
15.00 |
22.00 |
|
15-Jun |
McBookie – £10 sign up |
Qualifier |
Spain U21 v Germany U21 – 90 min result – Germany win |
3.20 |
10.00 |
3.35 |
9.70 |
22.80 |
L |
-0.79 |
21.21 |
|
15-Jun |
Totesport – £25 sign up |
Qualifier |
Start v Molde – 90 min result – Start win |
2.30 |
25.00 |
2.38 |
24.68 |
34.06 |
L |
-1.56 |
19.65 |
|
16-Jun |
Totesport – £25 sign up |
Cashout |
Sweden U21 v Belarus U21 – 90 min result – Draw |
3.50 |
25.00 |
3.80 |
16.67 |
46.68 |
L |
15.83 |
35.48 |
|
17-Jun |
McBookie – £10 sign up |
Cashout |
South Africa v New Zealand – 90 min result – Draw |
5.50 |
10.00 |
5.90 |
7.69 |
37.68 |
L |
7.31 |
42.79 |
|
17-Jun |
Stan James – £25 sign up |
Qualifier |
Nacional (Uru) v Palmeiras – 90 min result – Palmeira win |
2.88 |
25.00 |
2.96 |
24.74 |
48.49 |
L |
-1.50 |
41.29 |
|
18-Jun |
Stan James – £25 sign up |
Cashout |
Egypt v Italy – 90 min result – Egypt win |
5.50 |
25.00 |
6.00 |
18.91 |
94.54 |
W |
17.96 |
59.25 |
|
19-Jun |
Betinternet – £25 sign up |
Qualifier |
Drogheda v St Patricks – 90 min result – Drogheda win |
2.75 |
50.00 |
2.92 |
47.91 |
91.99 |
W |
-4.49 |
54.76 |
|
21-Jun |
Betinternet – £25 sign up |
Cashout |
Flamengo v Internacional – 90 min result – Draw |
3.20 |
25.00 |
3.35 |
16.67 |
39.17 |
L |
15.83 |
70.59 |
|
22-Jun |
Betfred – £50 sign up |
Qualifier |
England U21 v Germany U21 – 90 min result – Draw |
2.10 |
50.00 |
2.30 |
46.67 |
60.67 |
W |
-5.67 |
64.92 |
|
24-Jun |
Coral – £10 sign up |
Qualifier |
Garcia Lopez v Federer – Federer win |
1.01 |
10.00 |
1.02 |
10.41 |
0.21 |
W |
-0.11 |
64.81 |
|
24-Jun |
Coral – £10 sign up |
Cashout |
Garcia Lopez v Federer – Federer win |
1.01 |
10.00 |
1.02 |
10.41 |
0.21 |
W |
9.89 |
74.70 |
|
24-Jun |
Centrebet – £20 sign up |
Qualifier |
Garcia Lopez v Federer – Federer win |
1.01 |
20.00 |
1.02 |
20.82 |
0.42 |
W |
-0.22 |
74.48 |
|
24-Jun |
Betfred – £50 sign up |
Cashout |
Spain v USA – 90 min result – Draw |
5.50 |
50.00 |
6.40 |
35.43 |
191.34 |
L |
33.66 |
108.14 |
|
25-Jun |
Centrebet – £20 sign up |
Cashout |
Brann v Aalesunds – 90 min result – Aalesunds |
6.00 |
20.00 |
6.80 |
14.81 |
85.90 |
L |
14.07 |
122.21 |
|
26-Jun |
BetUK – £25 sign up |
Qualifier |
England U21 v Sweden U21 – 90 min result – England win |
2.05 |
50.00 |
2.12 |
49.52 |
55.46 |
L |
-2.96 |
119.25 |
|
28-Jun |
BetUK – £25 sign up |
Cashout |
USA v Brazil – 90 min result – USA win |
7.00 |
25.00 |
8.60 |
17.54 |
133.33 |
L |
16.67 |
135.92 |
|
01-Jul |
Betdaq – £25 sign up |
Qualifier |
Nacional (Uru) v Estudiantes – 90 min result – Nacional win |
2.29 |
25.00 |
2.32 |
24.51 |
32.55 |
L |
-1.72 |
134.20 |
|
04-Jul |
Betdaq -£25 sign up |
Cashout |
Klubi-04 v JIPPO – 90 min result – Jippo win |
5.10 |
25.00 |
5.50 |
23.39 |
105.28 |
L |
22.22 |
156.42 |
|
04-Jul |
Gamebookers – £25 sign up |
Qualifier & Cashout |
Hammarby v Trelleborgs FF – 90 min result – Draw |
3.25 |
50.00 |
3.45 |
47.79 |
117.10 |
L |
20.40 |
176.82 |
