My Matched Betting Profits

This Week in Review

The first article of Pete’s profits last week was a little disappointing, a profit of $293.43 well down on my usual output. I’m glad to report that the week just gone has yielded better results despite the continuing decline of AFL and NRL matches. With just the Preliminary and Grand Finals left in both competitions (go Pies and Storm), matched bettors will have to focus and rely heavily upon our profits from Horse Racing.

Horse Racing

Although the potential profits are limited, the daily Racing offers from Sportsbet and BetEasy continue to be solid ways of making money. Watch out for bookies like Bet365 and Neds getting involved on a Wednesday whilst Pointsbet are always good for those of you lucky enough not to have copped a promo ban yet.

Saturday’s are and will continue to be the day for all matched bettors though, especially those of you who work traditional Monday-Friday jobs. Ubet had a huge 18 races for their money back promotion whilst Bet365 continued their money back promotion on the first four races at the two main meets. Although I made steady profits all day, the biggest eye was on the Makybe Diva Stakes at Flemington.

Those of you who chose to back and lay Kings Will Dream using Ladbrokes’ promotion would have been dreaming after the race. Both bets would have settled as winners as Ladbrokes paid out on 1st and 2nd, resulting in what could have been an almost $500 profit on that race alone. Unfortunately for me, I chose Kementari in the Ladbrokes promotion, backing and laying Kings Will Dream using the Bet365 promotion instead. It was still a profitable race but left me ruing what may have been.


Talking of what may have been, Friday’s NRL result would have left matched bettors quite frustrated. Bets on the Sharks were paid out after just finished 15 minutes as they eventually raced out to an 18-0 lead after half an hour. The Panthers stormed back in the second half to tie the game at 20 all before a Chad Townsend field goal in the 73rd minute gave the Sharks a one point win. This was extremely annoying for matched bettors like myself who could have made upwards of $250 if the Panthers had completed their comeback.

With Sportsbet preferring to double winnings in bonus bets up to $50, it’s certainly not as easy to make huge money from the AFL like it was during the home and away season. Fortunately for me, I successfully predicted the winners of both semi-final games. With bonus bets from these and a couple more from the races on Saturday, I was able to turn these over on Sunday for a reasonable profit.

My Weekly Matched Betting Profits

My profits for the week ended up at $576.44, nowhere near previous heights but about what you’d expect given the amount of AFL and NRL games. If the Panthers had completed their comeback and I’d chose Kings Will Dream for the Ladbrokes rather than Bet365 promotion, then I would have been looking at upwards of $1300. Still, things can’t always go your way and there’s always an element of luck in sport and betting results. Although I have no knowledge of the sport whatsoever, this week’s aim will be to have my first crack at the NFL promos on Ubet and TAB.   

This article was written by_ Peter 'O Keefe