Monday, August 14, 2006

Day 1

To get the ball rolling I signed up with the well-known Betting Exchange called Betfair. I joined via Rpoints and earnt £15 cashback because I went on to lay a stake of £40. (By risking £40 here I met the minimum risk of £15 to qualify for cashback at Rpoints, and Betfair currently have a £25 matched bet on offer. Hopefully this will be credited into my account soon). At Betfair I laid a football match in Sweden, on the over/under 2.5 goals. I went over 2.5 goals with lay odds of 2.06.
I made this lay to cover a bet which I made at an online Bookmakers called Unibet.
I signed up to these via the Quidco cashback website, and earnt £50 in the process (I deposited £20 which means I’m eligible for the cashback). I deposited £20 because Unibet had a matched bet promotion, whereby they match your deposit with a %100 bonus up to a max of £20. With my £20 deposit and £20 bonus, I backed over 2.5 goals on the event mentioned above, with odds of 2.02.
Therefore I will have made a loss of £1.71 from my £40 bet no matter what happens.
In the end only 2 goals were scored so I lost my bet at Unibet – this is good news because if I won my bet I would have had to make another 2 bets before being able to withdraw any money here. Thankfully I lost the bet, and so I gained about £40 at Betfair.

I can now cross Betfair off the cashback and free bet list, and I can forget about using Unibet again as I have used their sign-up offer.

Today’s free-bet earnings: £43.19
Today’s cashback earnings: £65.00

Today’s overall earnings: £108.19

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