Mug Betting – The Secret Formula To Avoid Being Restricted By Bookmakers?
Mug Betting is a controversial topic in the matched betting community and it’s easy to see why. For those who are unaware, Mug Betting is the act of placing bets on markets that are not affiliated with any offers. In other words, just regular gambling/punting.
The thesis behind mug betting is that it apparently helps to keep ‘matched betting accounts’ unrestricted from promotions/free bet offers. This ‘off the radar’ approach is promoted by Matched Betting community without any evidence to prove that it even works.
For Example, Matched Betting sites set out a guideline when it comes to mug betting.
“Place 1 mug bet for every 3 free bets earned.”
There are a few problems with this advice:
- If you are trying to avoid being identified as a matched bettor and having your account restricted, surely a 3:1 ratio is pretty obvious to spot.
- Profits that have been made from matched betting are being thrown down the drain.
- This advice is coming from site’s that have affiliate links, so they will profit from your losses.
Now there are ways around these points.
Sure, you can mix up the ratio of mug bets:free bets. Maybe mug bet sporadically rather than routinely. However, that is still gambling away your profits. Unless your mug bets keep winning, then you’ll be restricted anyway because bookmakers hate people that make money from them.
My Advice For Mug Betting
You simply do not need to mug bet. The reason it’s called mug betting is because it is for mugs….
I have been matched betting for almost two years now and have only lost three accounts.
Two of them were PaddyPower and Betfair Sportsbook. This was during the time when these bookmakers merged. I never realised this when I took up a PaddyPower offer and sub sequentially laid the offer on the Betfair Exchange. These companies were obviously exchanging personal details of their customers to each other as I was restricted the following day.
The other betting account that got restricted was Ladbrokes. This was down to matched betting inexperience when I took up every offer during Cheltenham and only taking very close matches/arbs.
Apart from these three, every other account I have is 100% available, and here’s how I keep it that way for as long as possible.
- Don’t hammer every single offer available. This is the #1 rule. For example, ITV Racing on Bet365. Don’t stake £50 on every available race. It’s just asking for a restriction.
- Don’t always take tight odds/arbs, This will show up as a red flag at the bookmakers and you will be restricted.
- Try to lose your bets at the bookmaker and win at the Betting Exchange. This is easier to do if you take higher odds at the bookmakers.
- Check your computer for spyware, in particular, IESnare.
If you feel like Mug Betting will be beneficial to you, then by all means go ahead. I personally don’t do it. Bookmakers will restrict your account if they want to, whether you mug bet or not.