Additional Mug Betting Tips
Don't take every existing customer offer
I'd suggest skipping at least 1 in every 5 offers that a bookmaker offers.
Don't always take the maximum value
For example, if the offer is 'Risk Free up to £25' then occasionally only bet £15 to take up £15 of the value. Also, do not always bet on low odds for the Trigger Bet, then high odds for the Free Bet. Place the Free Bet on low odds occasionally.
Be consistent with your choice of sports
Carry out your mug betting on the reload offer sport i.e. if you are taking tennis reload offers, mug bet on tennis ; if you are taking football in play reload offers, mug bet on football, in play.
The above 3 additional tips will help ensure your bookmaker accounts always stay open when completing reload offers.
Place some bets on your mobile
A lot of punters will be placing bets on their phone as well as a laptop/computer, so definitely place some bets on your mobile phone if you have a smartphone. This is easy to do as you can have the bookmaker website on your phone, whilst having your betting exchange and calculator on your laptop.
Note - This will mean you are often spending more time placing mug bets as completing the Reload Offers. This is perfectly normal and advisable. You can still be making over £500 risk free per month!
Do All Matched Betters Mug Bet?
Certainly not! There is quite a mix of opinion when reading matched betting threads in the Facebook Group and the OddsMonkey forum.
Some matched betters do lots of mug bets whilst others do not place mug bets at all. It's very hard to know as there is a lack of concrete evidence to support either approach.
However, bookies do gub and they don't gub everyone! So the bookmakers must apply criteria to decide who to gub and who not to gub and it's logical that they would be more likely go gub a customer who never bets unless they're being given a free bet I think.
Extra Info: Why Bookmakers Gub You
When you go to a casino, you're betting against the house. The odds are set so that you will lose in the long run, but on any individual hand of Blackjack or Roulette spin, the house can indeed lose if they have to pay out all the punters.
A bookmaker, however, works very differently. They take in bets from lots of punters on different outcomes and traditionally would write them all down in a big book. They offer different odds on different outcomes, and adjust the odds on offer, with the aim that no matter what happens, the amount of money they will pay out on that market will be less than the amount of money they took in as bets.
It's easiest to see how this works on a market with only two outcomes, such as the Both Teams To Score market.
What this effectively means is that when you place a bet with a bookmaker, you aren't really betting against the bookie, but against the people who bet on the opposite outcome. The bookmaker is just an intermediary and takes its cut. Therefore, the bookmaker doesn't hugely care whether you win or lose, because their profit is the same either way.
(If you consistently win, they might block you, because if you can consistently place winning bets it reduces their margin on the market - but with average luck you won't run into that issue by a long way.)
When you use a free bet, the book becomes unbalanced, and the bookie will have to pay out more money than they took in on your part of the book. If you win, they have to pay you out without having received any stake from you. If you lose, they have to pay *someone else* out using the money that they would have received from you, had you paid your stake.
Effectively, a free bet involves the bookmaker putting their own money into their book to replace the money they would have taken from you as a stake. It makes no difference whether you win or lose - it costs them the same amount of money. And while they're happy to do that to encourage people to gamble, they don't like doing that for people who are just going to take their money off them.
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