Swap £90 for £140?????

Chat about MG-Rovers, MG-Rover ownership and anything MGs or Rovers in general.

Moderator: Forum Moderators

Hammie
Forum Senior
Posts: 412
Joined: Sat Apr 17, 2004 6:55 pm

Swap £90 for £140?????

Post by Hammie »

sign up at coral.co.uk use the ref "index" deposit £25
you automatically get credited £25 so your account is now £50

sign up to www.binarybet.com
deposit £65
after your first bet losing/winning £25 binarybet give you £25


in binary bet set the odds to decimal and choose the pink lay section for euro2004 outright winner.

Lay greece £25 at 3.6


at coral.co.uk back greece £25 at 3.5

greece lose then you lose £25 at coral (but still have £25 left) and win £25 at binary bet+£25 cash so withdraw £115 from binary bet.
total you put in was £85.profit £25 +free bet still on coral

if greece win you lose £65 at binary bet win £62.50 at coral and get £25 cash from binary bet.Withdraw your £87.50 from coral and £25 from binary bet and you will still have £25 in coral.Profit £22.50+free bet still in coral


so basically if Greece Loose you make £50 profit
and if Greece win you make £47.50 profit


i've spent hours working it all out and i can't see a way i can loose but still dont hold me responsible if i've cocked it up!! but get a calculater it seems sound to me.


:wink: enjoy


Matt


P.S Make sure you read the instrutions proper and be sure in your own head before you try this.
Jamez
Forum Senior
Posts: 495
Joined: Fri Feb 21, 2003 11:32 pm
Location: Warminster, Wiltshire

Post by Jamez »

i havent got a clue wot all that means , how confusing?!!
Image
rover400turbo
RT GOD
Posts: 3142
Joined: Tue May 06, 2003 11:48 pm
feedback: 1058012

Post by rover400turbo »

Are those odds for a win in 90 mins only ?
No Longer a Rover Owner !
Hammie
Forum Senior
Posts: 412
Joined: Sat Apr 17, 2004 6:55 pm

Post by Hammie »

no mate you are betting on who will lift the cup and since their HAS to be result the only way you'll loose is if the bookies dont pay out, and thats not going to happen.
rover400turbo
RT GOD
Posts: 3142
Joined: Tue May 06, 2003 11:48 pm
feedback: 1058012

Post by rover400turbo »

I am amased the bookie have it all but evens on the result :shock:

The odds i found is Portugal 2.65:1

Greece 8.24:1
No Longer a Rover Owner !
rover400turbo
RT GOD
Posts: 3142
Joined: Tue May 06, 2003 11:48 pm
feedback: 1058012

Post by rover400turbo »

Coral now have Greece at 2.25 !!
No Longer a Rover Owner !
Hammie
Forum Senior
Posts: 412
Joined: Sat Apr 17, 2004 6:55 pm

Post by Hammie »

Well if any of you trusted me and tried this they will currently find themselves £47.50 better off. shame portugal didn't win that would of made me £50 richer but ah well!

i love screwing over the bookies

here's a run down of what i've won!

my £25 stake at coral.com has paid out to me £87.50 plus the £25 free bet i got when i registered this means i have just withdrawn off coral.com into my bank account a total of £112.50 this has already covered the £90 i spent on the two bets in the first place.

the £65 bet i placed on binarybet.com i lost! boo hoo! binarybet has made £65 off me, but part of their offer is any single bet that wins OR looses more than £25 i will recieve £25 off them :) so add that £25 to my total winnings and i've won.

£112.50 + £25 = £137.50 - £90 (my own money spent) = £47.50 profit for doing absolutely jack all!!!

LOVIN' IT!!


did any1 else trust me?
rover400turbo
RT GOD
Posts: 3142
Joined: Tue May 06, 2003 11:48 pm
feedback: 1058012

Post by rover400turbo »

Or as my dad did put £50 on Greece to win at 150:1 !! :D
No Longer a Rover Owner !
Hammie
Forum Senior
Posts: 412
Joined: Sat Apr 17, 2004 6:55 pm

Post by Hammie »

you're telling me your dad put £50 on greece at the start of the tornament? does he have money to burn?! if thats true he does now


cause he's just won 7.5K
rover400turbo
RT GOD
Posts: 3142
Joined: Tue May 06, 2003 11:48 pm
feedback: 1058012

Post by rover400turbo »

Hes a Bristol Rovers fan too !!

Looks like he is picking up £7500 on monday.

But he keeps things so quiet, i wondered why he was watching the final - when it meant ' nothing' !
No Longer a Rover Owner !
Hammie
Forum Senior
Posts: 412
Joined: Sat Apr 17, 2004 6:55 pm

Post by Hammie »

rover 400 i take it you didnt try out my scheme then?


can't believe none of you guys trusted me
rover400turbo
RT GOD
Posts: 3142
Joined: Tue May 06, 2003 11:48 pm
feedback: 1058012

Post by rover400turbo »

Nope, i couldnt see odds on Coral for 3.5 when i logged on.

Must have been too late, or others had put a bit of money on Greece by then
No Longer a Rover Owner !
Jamez
Forum Senior
Posts: 495
Joined: Fri Feb 21, 2003 11:32 pm
Location: Warminster, Wiltshire

Post by Jamez »

rover400turbo wrote:Nope, i couldnt see odds on Coral for 3.5 when i logged on.

Must have been too late, or others had put a bit of money on Greece by then


Ditto
Image
Hammie
Forum Senior
Posts: 412
Joined: Sat Apr 17, 2004 6:55 pm

Post by Hammie »

strange i checked the figures last night and they were as i said they were, and placed my about 20 minutes before i posted on here!


sorry guys.


next time i see a sure fire way i'll let ya know earlier.


Matt
steve-o
Forum Regular
Posts: 176
Joined: Thu Jan 15, 2004 2:50 pm
Location: Wirral

Post by steve-o »

Ahhhh!!!

The old "arbitrage" scam!!!

A well known fiddle in the bookie world!!! Although bookies like to keep them secret!

Can be done on numerous events if you can find them!

Best for any two way event where there is no draw. Find bookies which back one side, then find another which backs the other side, place a bet on both sides on the appropriate bookie and you cant loose!

It happens quite alot.

For example, presidential elections, football matches which must have winners, darts, snooker, golf, big brother!!!

Eg: Must win derby footie match:

Ladbrooks : Man U 6/4 odds - Man C 6/4 odds.
Coral : Man U 6/4 odds - Man C 13/8 odds.

Place £10 on Man U to win at ladbrooks to get £25 back (inc bet)
Place £10 on Man C to win at Coral to get £26.25 back (inc bet)

Total outlay of £20, worst case money back is £25!!!

Of course this wont work on most footie matches as there is the draw aspect to cover. Generally you cant afford to cover the draw as well and still come out on top.

You could ignore the draw and hope one side wins, but then this is not a true "arbitrage" and instead you are "gambling" again!!! "Arbitrage" is where you can place bets and gurantee to win!!!

YOU CANNOT LOSE!!! And it happens all the time!!!

KEEP YOUR EYES PEELED FOR THEM!!!
Post Reply

Return to “MG/Rover Chat”