Eye of the Tiger Newbie Blog – 10th June

Let’s start with a couple of bookmakers I have heard of Ladbrokes and Paddypower plus Darren had said the free bets are instant credited so we could be in profit on day one, marvellous!

Anyway Oddsmatcher threw up these initial bets so this is what I did.

Back England v Andorra at 1.01 for £10 at Ladbrokes
Lay England at 1.02 on Betfair with £10.41. My liability on Betfair was just 21p, nice!

Giving an overall loss of 11p but a free £10 bet to come.

I immediately checked my account and the free tenner had been instantly credited (just like the man said!)

OK Oddsmatcher again, remembering from what I read on the site, that when dealing with stake not returned offers we need higher odds selections.

Back Finland v Russia at 5.00 for the free £10
Lay Finland at 5.00 with £8.08. My liability on Betfair was £32.32 for a £7.68 profit and still enough in the pot to get the next bet on.

I liked the look of this one….

Back FC Brasov v Poli Timisoara at 2.50 for £25 at Paddypower
Lay FC Brasov at 2.48 on Betfair with £25.72. This tied up £38.07 in Betfair but secured the free £25 bet (again instantly credited) for just 57p!

I was now running too low on funds in Betfair to cash out that night so that will have to wait until these have settled but I am already £7 in profit with a free £25 bet in the bag too, maybe it really is that easy.

Total Profit: £7.00