Many matched bettors struggle to make money from gubbed accounts and panic when they receive the dreaded gubbing email. People often think their matched betting career is over when they receive IMPORTANT ACCOUNT INFORMATION. However, in reality, these emails are a sign that you are ready for the next step in your life. Like your 18th birthday party. You cannot go back and be a child but that does not mean your life is over. I still averaged £1,000 per month despite 20 gubbings and that is nowhere near the limit of what you can achieve.
If you are new to matched betting and have no idea what I am talking about, read my beginner-friendly matched betting guide.
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Does being gubbed affect matched betting profits?
Do you believe that because you are gubbed you will make less money from matched betting? This is a popular misconception and you are not the only one with this thought. However, look at the graph below outlining my profits versus my number of gubbings. Despite, becoming increasingly gubbed, my profits stay more or less on the same level.
A gubbing per se should not affect your profits if you are using the right matched betting strategy (read more below). Stake restrictions may do, although there are still ways to bypass them. Account closures are the main way your profit can be affected. However, even if you have 20 closed accounts, you should still be able to make decent money from matched betting.
How to make money from gubbed accounts
Arbing is something I would avoid at all costs (with most bookmakers) as your account will be shut down quickly. Nevertheless, it is a method to make money from gubbed accounts. Arbs work like price boosts in that you profit from the back odds being higher than the lay odds. However, they are not a promotion but result from bookmakers being slow with adjusting their odds. Placing the occasional arb here and there is totally fine as it happens accidentally even to genuine punters. On the other hand, if you target arbs specifically, bookmakers will identify you as a matched bettor and close your account quickly.
Which accounts are safe to arb?
There are not many accounts that are so useless that they have no other use other than arbs. To find out which accounts to arbs, I recommend using the OddsMonkey Daily Offer list. Look at all offers for the current month and filter for the bookmaker you consider arbing. You can do this under “preferences”. I know, you are gubbed and are not eligible for promotions. But you may still be able to do some offers (e.g. William Hill’s Scratch of the Day) plus there is a small chance that you will become ungubbed (more about this later). Do not arb if you find good offers.
Next, check whether the bookmaker offers extra places. To do so, you can go to the bookmaker’s promotion page or use the OddsMonkey Extra Place Matcher. Extra places will be a major source of your income from gubbed accounts so do not arb if the bookmaker offers any and the odds seem OK.
Lastly, you want to check whether the bookmaker is linked to a bookmaker with whom you are currently not gubbed. For example, arbing Totesport may cost you your Betfred account. Usually, a quick google search will tell you.
How can I find arbs?
You can set up an OddsMonkey filter specific to arbs (see image). However, you have to be quick with placing arbs (similar to with price boosts) so finding arbs manually is usually more reliable.
Eachway arbs are a slightly safer form of arbing and the only type of arb I use. An eachway bet is a type of bet where you bet on a horse to either win or come in second, third and sometimes forth. With eachway arbs, you do not arb the win part of the bet, making it less obvious to bookmakers. Instead, you arb the place market. To find eachway arbs, I use OddsMonkey‘s Eachway Matcher. You can also find eachway arbs manually, but this is more time consuming as most bookmakers do not display the place odds. Rather, it will say 1/4 or 1/5 which is useless unless you are a math genius.
The secret to making money from gubbed accounts are extra places. Extra places are essentially eachway bets. The only difference is that the bookmaker pays out more places than the exchange as part of a promotion. Despite this being a promotion, you can do extra places even if you are gubbed. The only exceptions are BetVictor and BoyleSports.
How to do extra places
I find close matches using OddsMonkey‘s Extra Place Matcher. As you can see, the Extra Place Matcher makes it really easy to understand which bets you needs to place. You have one back bet (the eachway bet) and two lay bets, one to lay the win and one to lay the places. OddsMonkey has a guide in place that explains this more in depth.
Ideally, you want to look for matches with less than £1 qualifying loss (QL) per £10 eachway stake. Because I am busy, my limit is £2 QL per £10 eachway and I am still making a profit.
Offers you can still do
Despite being gubbed, there may be offers you can still do. Read your gubbing email carefully to find out which offers you are still eligible for. Some bookmakers will only gub you for their sportsbook, meaning you can still take advantage of their casino offers. William Hill should always let you do their Scratch of the Day.
Many bookmakers will only restrict you from their sportsbook, leaving you eligible for casino offers. If you want to start making money from low-risk casino offers, I have a free and easy to follow guide for you.
Make more money from your ungubbed accounts
I bet you still have plenty of sign-ups left! You may have exhausted all sign-up offers with the major bookmakers but what if I tell you there are still plenty more fish in the pond? For example, RedZoneSports, JenningsBet, 32Red, VoltCasino, Viginbet, the InterBet group, STSBet, etc. Even if you have done all those, there are always new bookmakers coming. I have over 80 accounts and still do new sign-ups.
You can find a complete list of all my bookmaker accounts in Monethalia’s Resources section. To gain access, simply pop your email address into the form below. You will then receive an email with your password.
Be careful though if you sign-up with less well-established bookmakers. Always check with the matched betting community that the bookmaker is legit or google reviews. If in doubt, it is better to not sign-up and wait until you find more information.
The fewer accounts you have, the more use you need to make from those that are unrestricted. There are many offers that you may have ignored in the past. Betstars’ and JenningsBet’s 80th Minute offer is a good example. I never bothered to do it until I had lost most of the main bookmakers. I recommend looking at the OddsMonkey Daily Offer List and completing each offer at least once, except high-risk casino* offers.
I would not necessarily listen to what other OddsMonkey users or your matched betting friends say about the profitability about an offer. You do not know whether they have completed the offer properly, whether they are logging their profits correctly or whether they are just unlucky.
*While this is a bit off-topic, I do not wish to see anyone losing money because of my advice. You can identify a high-risk offer by looking at the stake requirement (usually £100+) and the wagering requirement (usually exceeding x10). Note that high-risk offers can be expected value (EV) positive and often even have a high EV (£7+).
What to do if you are stake restricted
If you are stake restricted with a bookmaker, you may still be able to profit. Either you can look for guaranteed profit events (usually major horse races), or simply place multiple smaller bets. If this does not work, I recommend closing the account and asking for your details to be deleted as soon as legally allowed. Wait a few years and you can sign-up again.
How to make money from gubbed accounts summary
Just because you receive a gubbing email, does not mean your matched-betting career coming to an end. There are still plenty of opportunities and I hope that after reading this post, you feel more optimistic about your matched-betting future. In particular, you can make money from gubbed accounts with the following ways:
- Arbs (avoid as much as possible)
- Eachway arbs
- Extra places
- Look which offers you are still eligible for
- Low-risk casino
- New sign-ups
Get more tips on how to improve your matched betting here.
You can also always look for other ways to make money. I have put together a list for you containing 100 ideas to make money that you may find of interest.
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