Genting empire keeps dividends even as casino, resorts

genting casino income

genting casino income - win

"If YoU wAnT tO gAmBlE, uSe A cAsInO"...shutup, we are. WSB isn't the problem, WSB unveiled the problem.

Here is a rant that nobody cares about, but it's good enough to read, I'll even give you a TLDR now.
TLDR: We are this way, because it's the only way we are allowed to be, as retail traders.
Now that that's out of the way, lets look at it from a normie traders point of view.

  1. Pattern Day Trading: Why does it exist? To protect us? From what? Do you ask for a W2 for everyone literally walking into a casino to see if they are capable of losing what they are risking? No, they are free to spend as they please. Funny, I thought that's what a free market was for too?
  2. Market Makers: You want us to literally just stop, leave, and use a casino? Use DraftKings and that sort of platform, ok. Now what, how do you make your money off of "dumb money" when it's gone? You need us, we need you.
  3. *WHY* is a collective of people on Reddit such a danger?: For the sake of arguing, before this happened, there were 800,000 of us just being collectively dumb together. LETS JUST SAY, combined, we had 1 billion dollars between 800,000 people. That's scary? You lost 2.7b in the first wave of short losses, then asked for help for another 3b. Do you know what that means? THAT MEANS, that hedge funds, as a collective, is the problem, NOT REDDIT.
  4. When we got together, it was a crime, when you got together, it was not a problem? How can we be "investors" in a rigged game, literally, please explain it. We HAVE TO GAMBLE to make money, because those are YOUR RULES.
  5. Trading is passive income, not a job: Yeah, it's a passive way to kill time for 95% of us, make a little side money, couple grand here or there, sometimes get lucky and make 10k. This is a lot for regular people, it's literally NOTHING to you, but debt payment and vacation funds for us.
  6. We are Degenerates and Dumb Money: If a large group of dumb people cost you money is a problem...then why is a large group of smart people (you market makers and hedge funds) that manipulate costs to take dumb moneys money away, allowed?
Anyways, there is a list 3 miles long.
GameStop isn't about GameStop, it's a beacon of reason, it could have been any stock, Citron just picked the target and we used it.
Good Luck Diamond Handing gents. Think about it this way. No matter what happens, THEY HAVE LOST MORE MONEY THIS MONTH, than what average day traders have collectively made in 5 years. Let that sink in.
Edit: This blew up, appreciate all the support!
I recently saw this video, it's 10 minutes long, but the first 3 are incredibly important! Jim Cramer exposes what illegal activities hedge funds and short sellers do to manipulate the market. https://www.youtube.com/watch?v=VMuEis3byY4&t=2s . They literally take advantage of the SEC not knowing what they do.
Hold strong brothers
submitted by Ned_Flanderz to wallstreetbets [link] [comments]

Ultimate Casino Cashback Guide - Earn over £500 - Every Offer Explained!

This guide aims to outline all of the best gambling cashback offers available over a range of sites, following this guide you should be able to make over £500 in cashback
Note - Cashback often takes a while to payout, bear this in mind when completing offers as you may have to wait to cashout your earnings
When completing these offers don't chase any loses as the cashback will give you a profit with nerly every offer
A short review of each site and some referral links
Topcashback - Cashback will show as tracked within a few days, can take a few weeks to become payable, in some cases even longer, asides from gambling they have great offers for car insurance and mobile phone contracts, worth taking a look to save some extra money!
Ref - Extra £5 when you make £10 cashback
Non-Ref - No reward
Quidco - Much the same as Topcashback
Ref
Non-Ref
Minimum payment - £10
Ohmydosh - Faster Payouts but less offers
Ref - Extra £1
Non-Ref - No reward
Minimum payout - Any
Cashback Earners - A lesser known site in need of a fresh look, this site also has some bad reviews, referal income is paid to the site on a monthly basis with the dates for each site being different, offers don't seem to show as tracked until the website receive their payment, cashback should appear in your account within 1 month of completing an offer. Cashout amounts are specific, its best to build up a balance and then withdraw. Payment takes around 3 weeks.
Ref - Sign up bonus £6.5
Non-Ref - Sign up bonus £6.5
Minimum payout is £20
Payment Proof - Payments for all sites can be seen here, quidco isn't shown as i have signed up for all the casinos on offer through topcashback

How to Maximize Profit - IMPORTANT - READ THIS

For the majority of these offers you want to play blackjack following the chart found here
Any blackjack game will do, look for a normal version of the game at the site you are playing on and make sure it is a non live game as the hand sizes will be lower.
When playing blackjack there will often be more than one spot that you can bet on, allowing the player to bet more than one hand at a time, Its important to only bet on one spot at a time as it reduces the variance of the game and will ensure you get the maximum return possible from the game, stick to £1 hand sizes when playing and dont be tempted to bet larger amounts as you will be getting a nice amount of cashback from every offer
Through playing blackjack this way the player will get a return of around 98%, meaning for every £100 staked you will lose around £2. If you make a loss on a casino site after completing the required wagering amount, withdraw your remaining balance, don't chase loses as the cashback will make up for loses and give you a profit in most cases.
All offers are updated fairly regularly, make sure to check the terms for each offer as information in this post may become outdated. Also check for other offers every now and then as new casinos are added!

TopCashBack Offers - £400+ Profit

Topcashback Referral - Get an extra £5 - See the Ref Link at the top of the page!
If you dont already have an account at top cashback, you can sign up through my referral to get an extra £5 added to you account once you make £10 cashback
Lottoland - Cashback £15
Add £11 and play 11 separate £1 hands, following the strategy outlined at the top of the post, withdraw any remaining balance.
Betfair Casino - Cashback £70
Note this is not the poker offer
Add £50 to your account and play 50 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Quidco are offering £100 for this offer
Party Casino - Cashback £26.5
Deposit and play 30 single £1 hand son blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Tombola - Cashback £24.5
Deposit £10 and open the tombola roulette game, choose a £1 chip size and choose 5 spots, repeat this twice, withdraw any remaining balance, you will likely lose money here but the cashback will give you a profit
Coral - Cashback £46
Add £10 and play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Bingoport - Cashback £3
Sign up to bingoport to get an easy £3
Ladbrokes - Cashback £42
Add £10 to your account and play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Pokerstars - Cashback £32
Add £25 and play 25 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
STS - Cashback £21
Add £30 to your account and play 30 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
William Hill - Cashback £54
add £25 and play 25 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Megacasino - £15.75
Add £25 - Play 25 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
LottoGo - Cashback £3.18
Buy a euromillions ticket
Slingo - Cashback £24.75
Add £10 play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
PaddyPower Games - Cashback £20
Add £10 play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
The Football Pools - Cashback £24.75
Sign up for the £10 a month subscription, cancel this after 30 days
Lottomart - Cashback £18
Add £10 - Play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Genting Slots - Cashback £25
Add £30 play 30 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
OhMyDosh - Cashback £40+
Referral gives an extra £1, sign up through the ref link at the top of the post to get the bonus!
Gala Bingo - Cashback £17.50
Deposit at least £5, you'll get a £10 slots bonus and 100 free spins, these carry hefty wagering requirements, Open any slot and play the minimum spin size, play until you lose all of the money in your account or complete the wagering requirements on the bonus funds. Withdraw any remaining balance.
BGO - £10 Cashback
Deposit at least £15. Play 15 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance. DONT ACCEPT the welcome bonus from BGO.
Lottosocial - Cashback £4
Sign up to Lotto Social - Use your correct phone number when joining as it is the only way to login to your account. Purchase 10 lines for £1, after making a purchase go to your account page and find the list of syndicates your are in, leave the syndicates to avoid making any more payments.
Cheeky Bingo - £10 Cashback
Deposit £10 and get a £40 welcome bonus, just play bingo with all of your funds and hope to get some wins, bonus has 4x wagering requirements.

Quidco - Cashback £100+

Quidco don't offer a sign up bonus, find my ref link at the top of the post if you want to help me out!
All of the offers on quidco are much the same as topcashback, the only offer worth noting is the betfair casino offer which pays £100
Betfair - £100 cashback
Add £100 and play 100 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.

Cashbackearners - Cashback £180+

Sign up Bonus
Get a £6.5 sign up bonus, think this works with or without the ref link, links are at the top of the post!
To find these offers just search for casino on the site.
All of these offers state that you only need to make a deposit, its best to play through the deposit 1x to ensure that the cashback is paid.
LuckyMeSlots - Cashback £15
Add £15 and play 15 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Spin Genie - Cashback £12.5
Add £12.5 and play 12.5 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Cashmo - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Don't spin the wheel that pops up after signing up or accept any other bonuses.
Ice36 -Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Spinhill Casino - Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Galacasino - Cashback £30
add £30 and play 30 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Casino765 - Cashback £12.5
Add £12.5 and play 12.5 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Casinosuperwins - Not recommended, bad site, awful support
Casino2020 - Cashback £15
Add £15 and play through £15 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
Pocketwin - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
The Sun Vegas - Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
DrSlot - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
MrSpin - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
PrimeCasino - Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
ConquestAdor - Cashback £10
Add £10 play 10 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
MFortune - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
Thanks for reading, hope this of use to some people, happy earning!
submitted by Leth96 to beermoneyuk [link] [comments]

Ultimate Casino Cashback Guide - Earn over £500 - UK ONLY

This guide aims to outline all of the best gambling cashback offers available over a range of sites, following this guide you should be able to make over £500 in cashback
Note - Cashback often takes a while to payout, bear this in mind when completing offers as you may have to wait to cashout your earnings
When completing these offers don't chase any loses as the cashback will give you a profit with nerly every offer
A short review of each site and some referral links
Topcashback - Cashback will show as tracked within a few days, can take a few weeks to become payable, in some cases even longer, asides from gambling they have great offers for car insurance and mobile phone contracts, worth taking a look to save some extra money!
Ref - Extra £5 when you make £10 cashback
Non-Ref - No reward
Quidco - Much the same as Topcashback
Ref
Non-Ref
Minimum payment - £10
Ohmydosh - Faster Payouts but less offers
Ref - Extra £1
Non-Ref - No reward
Minimum payout - Any
Cashback Earners - A lesser known site in need of a fresh look, this site also has some bad reviews, referal income is paid to the site on a monthly basis with the dates for each site being different, offers don't seem to show as tracked until the website receive their payment, cashback should appear in your account within 1 month of completing an offer. Cashout amounts are specific, its best to build up a balance and then withdraw. Payment takes around 3 weeks.
Ref - Sign up bonus £6.5
Non-Ref - Sign up bonus £6.5
Minimum payout is £20
Payment Proof - Payments for all sites can be seen here, quidco isn't shown as i have signed up for all the casinos on offer through topcashback
How to Maximize Profit - IMPORTANT - READ THIS
For the majority of these offers you want to play blackjack following the chart found here
Any blackjack game will do, look for a normal version of the game at the site you are playing on and make sure it is a non live game as the hand sizes will be lower.
When playing blackjack there will often be more than one spot that you can bet on, allowing the player to bet more than one hand at a time, Its important to only bet on one spot at a time as it reduces the variance of the game and will ensure you get the maximum return possible from the game, stick to £1 hand sizes when playing and dont be tempted to bet larger amounts as you will be getting a nice amount of cashback from every offer
Through playing blackjack this way the player will get a return of around 98%, meaning for every £100 staked you will lose around £2. If you make a loss on a casino site after completing the required wagering amount, withdraw your remaining balance, don't chase loses as the cashback will make up for loses and give you a profit in most cases.
All offers are updated fairly regularly, make sure to check the terms for each offer as information in this post may become outdated. Also check for other offers every now and then as new casinos are added!

TopCashBack Offers - £400+ Profit

Topcashback Referral - Get an extra £5 - See the Ref Link at the top of the page!
If you dont already have an account at top cashback, you can sign up through my referral to get an extra £5 added to you account once you make £10 cashback
Lottoland - Cashback £15
Add £11 and play 11 separate £1 hands, following the strategy outlined at the top of the post, withdraw any remaining balance.
Betfair Casino - Cashback £70
Note this is not the poker offer
Add £50 to your account and play 50 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Quidco are offering £100 for this offer
Party Casino - Cashback £26.5
Deposit and play 30 single £1 hand son blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Tombola - Cashback £24.5
Deposit £10 and open the tombola roulette game, choose a £1 chip size and choose 5 spots, repeat this twice, withdraw any remaining balance, you will likely lose money here but the cashback will give you a profit
Coral - Cashback £46
Add £10 and play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Bingoport - Cashback £3
Sign up to bingoport to get an easy £3
Ladbrokes - Cashback £42
Add £10 to your account and play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Pokerstars - Cashback £32
Add £25 and play 25 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
STS - Cashback £21
Add £30 to your account and play 30 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
William Hill - Cashback £54
add £25 and play 25 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Megacasino - £15.75
Add £25 - Play 25 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
LottoGo - Cashback £3.18
Buy a euromillions ticket
Slingo - Cashback £24.75
Add £10 play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
PaddyPower Games - Cashback £20
Add £10 play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
The Football Pools - Cashback £24.75
Sign up for the £10 a month subscription, cancel this after 30 days
Lottomart - Cashback £18
Add £10 - Play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Genting Slots - Cashback £25
Add £30 play 30 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
OhMyDosh - Cashback £40+
Referral gives an extra £1, sign up through the ref link at the top of the post to get the bonus!
Gala Bingo - Cashback £17.50
Deposit at least £5, you'll get a £10 slots bonus and 100 free spins, these carry hefty wagering requirements, Open any slot and play the minimum spin size, play until you lose all of the money in your account or complete the wagering requirements on the bonus funds. Withdraw any remaining balance.
BGO - £10 Cashback
Deposit at least £15. Play 15 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance. DONT ACCEPT the welcome bonus from BGO.
Lottosocial - Cashback £4
Sign up to Lotto Social - Use your correct phone number when joining as it is the only way to login to your account. Purchase 10 lines for £1, after making a purchase go to your account page and find the list of syndicates your are in, leave the syndicates to avoid making any more payments.
Cheeky Bingo - £10 Cashback
Deposit £10 and get a £40 welcome bonus, just play bingo with all of your funds and hope to get some wins, bonus has 4x wagering requirements.

Quidco - Cashback £100+

Quidco don't offer a sign up bonus, find my ref link at the top of the post if you want to help me out!
All of the offers on quidco are much the same as topcashback, the only offer worth noting is the betfair casino offer which pays £100
Betfair - £100 cashback
Add £100 and play 100 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.

Cashbackearners - Cashback £180+

Sign up Bonus
Get a £6.5 sign up bonus, think this works with or without the ref link, links are at the top of the post!
To find these offers just search for casino on the site.
All of these offers state that you only need to make a deposit, its best to play through the deposit 1x to ensure that the cashback is paid.
LuckyMeSlots - Cashback £15
Add £15 and play 15 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Spin Genie - Cashback £12.5
Add £12.5 and play 12.5 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Cashmo - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Don't spin the wheel that pops up after signing up or accept any other bonuses.
Ice36 -Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Spinhill Casino - Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Galacasino - Cashback £30
add £30 and play 30 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Casino765 - Cashback £12.5
Add £12.5 and play 12.5 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Casinosuperwins - Not recommended, bad site, awful support
Casino2020 - Cashback £15
Add £15 and play through £15 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
Pocketwin - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
The Sun Vegas - Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
DrSlot - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
MrSpin - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
PrimeCasino - Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
ConquestAdor - Cashback £10
Add £10 play 10 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
MFortune - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
Thanks for reading, hope this of use to some people, happy earning!
submitted by Leth96 to beermoneyglobal [link] [comments]

Genting Singapore reports nearly zero income during the pandemic.

Genting Singapore reports nearly zero income during the pandemic.
Genting Singapore's gambling revenue fell 99%, while total revenue fell 94%. The department reports on the prompt implementation of post-quarantine rehabilitation measures, but the losses incurred in the two months of the pandemic are detrimental to the company's financial stability. In the second quarter, the Large Integrated Casino Resorts chain reported that its Singapore business earned $ 4.7 million in gambling services, with total group revenue of $ 30.1 million, down 94% from the second quarter of 2019.

The group quarantined all establishments in the network on April 6. Until June 30, Universal Studios Singapore was suspended at the World Sentosa Resorts, CEA Aquarium, Adventure Cove and Dolphin Island water parks. Two-month losses are estimated at $ 119 million per quarter. In the same period of 2019, the income of the objects was $ 128.8 Several of the group's hotels and casinos opened in June, but management says the company is not immune to the economic crisis and makes it difficult to partially implement restrictions on tourist travel to the region. Productivity proved to be ineffective in a situation with almost zero income during the quarantine period.
https://preview.redd.it/lbzhulxtncg51.png?width=1132&format=png&auto=webp&s=68c355d07c2124f3dabc52744b2f08c4508ed590
submitted by Bianca_Rienheart to u/Bianca_Rienheart [link] [comments]

After banning 'Star Wars' slot machines, Disney spends millions to change Florida gambling law to "protect" its theme parks and properties - including Galaxy's Edge

Today, I heard about recent efforts by Disney against the gambling industry. I thought you guys would be interested in hearing about it, as it also heavily involves Star Wars...and particularly, Disney's plans in 2019 for Star Wars: Galaxy's Edge, and the Star Wars hotel, at Walt Disney World in Orlando, Florida.
It also involves Disney's existing, popular offering "Star Wars Day at Sea", and other Star Wars-related plans for its cruises in 2019, which is parly based out of the Port of Miami in Miami, Florida, and Port Canaveral (Orlando, Florida).
The tl;dnr of it is as such: (broken down into smaller sections)
The Walt Disney Company is one of the most successful media conglomerate companies in the world. Just about everyone has heard of the Disney theme parks stationed in Florida, California, and abroad. Just about everyone has seen classic Disney films like Cinderella and Beauty and the Beast. Not everyone knows about Disney's relationship with the gambling industry, however, and it is a noteworthy one.
Over the years, Disney has acquired the rights to several major entertainment companies and their licensed characters. In 2009, Disney bought the Marvel Entertainment company, creator of the famed Marvel comic books and a slew of popular superhero characters. In 2012, it purchased all rights to LucasFilm, the parent company that created the Star Wars brand.
Disney announced its plans to phase out all Star Wars and Marvel-themed casino slot machines in the United States last fall. The multimillion dollar company has the power to do this, because it now owns all rights to these brands.
According to a Disney spokeswoman, the character-themed slot phase-out is not a new decision. As part of Marvel's “integration” with Disney, she said the decision was made several years ago to let the machines gradually fade out through attrition. Only a few Marvel license agreements remain at this point, and they are set to expire within the next several years. Star Wars-themed slots will also trickle away, but it will take a few more years for that process to complete.
[...] Disney wields a certain amount of power over casinos, both on land and online, because of these acquisitions. Instead of promoting Star Wars and Marvel characters via slot machines, the company prefers to use their likenesses in movies that serve to perpetuate the Disney brand.
As the owner of LucasFilm, Disney has another trilogy of Star Wars films currently in the works. [...] Fans can expect to see Disney continue to advance their brands through avenues other than the gaming industry.
Disney has made its opinion of the gambling industry known in Florida: It does not support the addition of more resort casinos to that area. Not only does Disney plan to phase out Marvel and Star Wars-themed slot machines, it also hopes to prevent the development of new casino resorts in the state.
As it stands today, Orlando's Walt Disney World is the top tourist attraction on the globe. Over 50 million people visit the entertainment resort every year and partake of theme parks like Magic Kingdom, Epcot, and Hollywood Studios. From a business standpoint, it makes sense that Disney would not want another tourist draw infringing on its potential customer base in the Orlando area.
Disney denies that self-interest is its main motivation for opposing new casinos. Andrea Finger, a spokeswoman for the company, said the corporation opposes casino expansion for “many reasons.” One of the primary reasons is the fact that Florida is a “family friendly” vacation spot; adding more casinos to the landscape would tarnish that. Finger lauded Florida's efforts in “research, innovation, and entrepreneurship” and indicated that adding more casino resorts would create an “inconsistent” atmosphere in the state.
Finger made no statement suggesting that Disney is protecting its own interests by objecting to more casinos. This inference has been made, however, by critics based on the connection between Disney and its Marvel and Star Wars slot machines that recently came to light.
Critics also cite the fact that increased Florida casinos might steal valuable convention contracts from the Mickey Mouse company. At this point, Disney hosts approximately 700,000 square feet of convention space in its Florida resorts.
Disney's ownership of Marvel and LucasFilm slot machines was brought to the public's attention by New York Times reporters Lizette Alvarez and Michael Snyder. Critics immediately began shouting hypocrisy at the fact that Disney, a vocal gambling opponent, owns and profits from character-themed casino slot machines.
The Times reporters asked Disney whether its ownership of the slots “undercut” its casino gambling stance. A spokeswoman responded that the company's affiliation with the casinos was only temporary, and that it would take a few years for current slot machine contracts to expire.
[...] When Marvel and Star Wars-themed slots do eventually disappear from casinos, their absence will be a blow to the gaming industry. Casino patrons are drawn to the colorful games touting Spider Man, Darth Vader, and other exciting Hollywood characters. Until the machines are completely phased out, the characters will continue to entertain casino patrons both online and on land.
The online gaming industry will definitely be affected by Disney's prohibition. The Spider Man Slot game, for example, is an enticing game for online gamblers that was introduced in 2012. Other Marvel-themed online slots include Iron Man 2, Iron Man 3, the Fantastic Four, Captain America, Thor, and Wolverine Slots. The eventual loss of these games will leave a gaping hole in customers' palette of gaming choices.
[Possibly in response to Disney's decision], a group called the Associated Industries of Florida launched a new pro-casino campaign. This group is lobbying for more casinos in the area as a means of promoting jobs and stimulating the local economy. Analysts expect the battle between Disney and pro-casino lobbyists to become more heated as politicians compete for voter support in the upcoming election. (Source)
[However, Orlando isn't the only city that Disney is engaging in anti-casino efforts with.] The biggest challenger standing between [the city of] Miami and casinos is a mouse.
Walt Disney World, the giant resort near Orlando whose four theme parks draw more than 45 million visitors a year, has made preventing "destination" casinos a top priority. And few, if any, businesses carry as much weight in Florida as Disney, which employs more than 60,000 workers, generates nearly $600 million a year in tax revenue — and doled out more than $2 million to political candidates and causes during the past election cycle.
Some analysts say Disney — and, by extension, Orlando's entire tourism industry — has good reason to be wary of casinos. Though adult-oriented resorts in South Florida are unlikely to appeal to Disney's core audience of families with young children, they could siphon away travelers in narrower segments that are also important to the resort, from South Americans to conventions to weddings.
"Disney has lots of little pockets or niches that they're really good at getting market share in. And it adds up," said Duncan Dickson, a professor at the University of Central Florida's Rosen College of Hospitality Management. "Disney doesn't want another Las Vegas anywhere close to them. Who needs the competition?"
[Case in point, Disney also has Disney Cruise Lines, based in both Miami and Port Canaveral (Orlando).] Disney Cruise Line has revealed it will extend its popular "Star Wars Day at Sea" program through 2019, with the addition of nine cruises -- each of which will include a Star Wars-themed sea day, complete with special programming and restaurant menus. Family-friendly activities include Star Wars character meet-and-greets, movie nights (featuring new releases), Star Wars trivia, and a Jedi training show, where kids can learn lightsaber skills and battle Darth Vader.
Throughout the day, restaurants and bars also will serve themed foods and cocktails. The sea day will end with a fireworks show and deck party, hosted by Star Wars heroes and villains. All cruises span seven nights and depart from Port Canaveral (Orlando), Florida. (Source)
[...] Disney has always opposed efforts to expand gambling, [citing it as being againts its "family-friendly" image].
The Walt Disney Co., one of the most brand-protective companies on the planet, does not want to jeopardize its kid-friendly reputation by any association whatsoever with casinos and the taboo images they often conjure. The company's cruise line is the only major operator to sail ships without onboard casinos, which are typically one of the biggest generators of on-board spending.
"We've studied this issue carefully and remain opposed for many reasons," said Disney spokesman Mike Griffin, "including the fact that it is inconsistent with Florida's brand as a family-friendly destination, and with the efforts we've long supported to diversify Florida's economy through research, innovation, and entrepreneurship."
The legislation to be considered in Tallahassee would authorize three "destination" casinos in Miami-Dade and Broward counties. Each would boast a luxury hotel, shops, restaurants, convention space and casinos with every major game, from blackjack to roulette and craps. Any company awarded a casino license would have to spend at least $2 billion building the facility.
Las Vegas Sands and Wynn Resorts, both based in Las Vegas, and Genting, a Malaysian-based resort developer, are among the companies expected to seek licenses. Genting has already spent more than $300 million to buy bay-front property in downtown Miami and has announced plans for a $3.8 billion resort.
All have promised they will create thousands of jobs in South Florida, making the deal attractive to lawmakers hoping to lower the state's 10.6 percent unemployment rate.
Analysts say anyone that invests that much capital to build a resort also will have to spend lavishly to market the property. At a minimum, that will force Disney to ramp up its own spending on advertising, eroding its profit margins.
"Anytime you've got to fight and compete with more marketing dollars, which you know these folks have in abundance, it makes Disney's job that much harder to battle against," said Vicki Johnson, a tourism-marketing expert in Orlando.
More specifically, casinos could prove attractive draws in key markets for Disney. Executives at Genting, for instance, have said they would market heavily in Latin America.
Latin America — particularly Brazil, its biggest country — has become one of Disney World's most valuable markets in recent years. This summer, even as overall attendance at the resort was about flat with a year ago, Disney officials said traffic from Brazil was up by a double-digit percentage.
Though Disney doesn't disclose exact attendance numbers, national data show that visitation from Brazil is up 27% to more than 833,000 so far this year. And though Miami is the most popular destination for South American travelers, Orlando is growing more rapidly.
Disney says its business from Brazil is predominantly family-leisure travel, the group least likely to be swayed by casinos. But some industry followers say lavish resorts, when combined with the boutique shopping already in Miami, might be enough to peel away some of that business, especially Brazilians with older children or none at all.
"All of a sudden, it really cuts into their [Disney's] South American markets," Johnson said.
Group meetings and conventions business is also a growing profit center for Disney, which has nearly 470,000 square feet of meeting space spread among its hotels. It also routinely picks up lucrative private parties and other business tied to shows using Orange County's massive, publicly owned convention center.
Finally, allowing casinos in South Florida could lead to pressure to build more in other parts of the state. Already, some hoteliers in Orlando — led by Harris Rosen, owner of three major convention hotels — have made rumblings about bringing casinos to Central Florida. And officials at Port Canaveral — Disney Cruise Line's home port — are interested in casinos, too.
"Once they get their foot in the door, what's next? Orange County is going to say, 'Well, if it's legal in Dade County, why isn't it legal here?' " said Dickson, the UCF professor.
Disney has worked to enlist broader business groups to fight the casino legislation, most notably the Florida Chamber of Commerce, even though more than half of the businesses represented on the chamber's board of directors say they are neutral on the issue.
And the opposition from Disney has put casino boosters on the defensive during the past few days.
"Florida's identity cannot be changed because one casino or two destination resorts open in Miami-Dade County," said state Rep. Erik Fresen, R-Miami, who is sponsoring the casino legislation in the Florida House of Representatives.
"Florida will always be the Sunshine State," he added. "The dominant trademark of Florida will always be Disney World. I don't think they have anything to worry about when it comes to that." (Source)
There have been multiple attempts to garner support in the state legislature for non-Native American casinos and other forms of gambling expansion in the state. Currently, the Seminoles control the ability of Florida to expand full-fledged casinos per their current compact. And the power of the Seminoles in the state is substantial.
In order to change current law, there must be a constitutional amendment backed by the voters of Florida. There is one such opportunity on the ballot for the November 6, 2018 election.
The Casino Gambling Initiative, if approved, would give voters the exclusive right to authorize casinos going forward, casinos being comprised of card games, slot machines, and other casino-style games. All ballot measures in the future would then require a citizen-initiated process by which a number of signatures of registered voters must be obtained for ballot consideration.
Currently, however, the Seminoles reserve the exclusive right to offer blackjack, craps, and roulette in Florida, which would present a problem that would have to be addressed. The agreement with the Seminoles was signed by Governor Rick Scott in 2015, and is effective for 20 years.
While this may end up in a legal fight, poker rooms are not an exclusive right of the tribe, and would not be an issue.
If Amendment 3 passes in November by 60% or more of the popular vote, a new day may begin for casinos in Florida. This will also drastically increase the opportunity for poker rooms throughout the state. (Source)
The US Supreme Court repealed the longstanding federal sports betting ban known as PASPA (Professional and Amateur Sports Protection Act). The landmark decision allows states to dictate their own sports wagering laws.
That means sports betting could be coming to Florida casinos, should the legislature pass market regulations. But Republican gubernatorial candidate Adam Putnam said this week that if he’s elected, he would oppose such legislation.
[Putnam also echoes Disney's reasoning.]
“I’ve always been one who has said we don’t need to expand the footprint of gambling in Florida,” Putnam declared at a campaign stop. “It’s not who we are as a state. We’re a family-friendly vacation destination. We’re a small business-oriented state.”
“If I lived in the middle of the desert in Nevada, [like Las Vegas], maybe I would grasp onto whatever straw or life raft somebody threw me,” he continued. “But we live in Florida, and we’ve got unlimited opportunities, and we don’t need to sell our state short.” (Source)
Earlier this year, Disney also gave $400,000 to Florida Grown, a committee supporting Putnam's gubernatorial bid.
[...] Disney officials would not agree to an interview, but in a statement, Jacquee Wahler, vice president of Walt Disney World Resorts, wrote, “We support candidates who understand issues important to our company, and demonstrate strong support for business and tourism in Florida.” (Source)
[Meanwhile, Disney is busy constructing what it hopes will be its next big moneymaker: Galaxy's Edge, a Star Wars-themed land in Hollywood Studios at Walt Disney World in Orlando. Disney also plans to construct a Star Wars-themed hotel and resort adjacent to Galaxy's Edge.]
The ongoing success of high-profile films, like the Marvel and Star Wars franchises, can play a big role in the theme parks ability to tap into new characters and storylines for rides and shows.
Experts have said the success in theme park rides today are built on characters and properties that resonate with visitors outside the park. Thus new lands themed after popular franchises have proven to be a boon — like Disney's Star Wars and Frozen attractions, and Universal Orlando Resort's success with the Wizarding World of Harry Potter.
[So far this year], the theme parks division for the quarter saw a 13% increase in revenue to $4.87 billion, up from $4.29 billion for the same time last year. The division also saw a 13% increase in revenue for the first six months of the year to $10.03 billion, up from $8.85 billion for the year-ago period.
According to the earnings report:
"Results included a benefit from a shift in the timing of the Easter holiday relative to our fiscal periods. The current quarter included one week of the Easter holiday, whereas the entire Easter holiday fell in the third quarter of the prior year. Higher operating income at our domestic parks and resorts was primarily due to increased guest spending, attendance growth at Walt Disney World Resort and higher sponsorship revenue, partially offset by increased costs.
Guest spending growth was due to increases in average ticket prices, average daily hotel room rates and food, beverage and merchandise spending. The increase in costs was primarily due to labor and other cost inflation, an increase in depreciation associated with new attractions and higher technology spending." (Source)
[Driving this growth are Disney's planned new additions, including Galaxy's Edge, which is currently under construction ("labor costs").]
Disney’s new Star Wars land won’t open until next year, but it is not too early to declare that Star Wars: Galaxy’s Edge will be the most ambitious theme park land ever built.
The numbers alone might justify the claim. At 14 acres each, Disney’s twin Star Wars lands will be the largest the company has built at the Disneyland and Walt Disney World resorts. Disney has not confirmed a budget for Galaxy’s Edge, but the project is believed widely within the industry to be costing at least one billion dollars. (Source)
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The New York casino race has begun

The North American gambling market is sending mixed results and operators are trying to figure out the best course of action. On one hand, casinos in Atlantic City are going bust one after another and even in Las Vegas, things are not going as well as expected. The hottest game of the moment is baccarat, but even the profits generated by this immensely popular game is not enough to keep the industry afloat. That's why it is a bit surprising that there were so many prominent applicants for the New York casino race, which has officially begun yesterday. There were a total of 17 operators who submitted bills, hoping to win one of the four licenses that will be awarded this summer. Three companies stand out from the crowd, with Caesars Entertainment, Penn National and Genting have high expectations and plan on expanding to Orleans County near New York. These proposals exceed $800 million and that's why the authorities are taking it very seriously, because they would bring a lot of money to state coffers. There is no shortage of interested customers and those who are still confident in the North American gambling industry are trying to expand. Tapping into the huge potential of the New York area is their top priority and this is the moment to strike a decisive blow. Catskills, Empire Resorts and EPR Properties had no hesitations in making proposals that exceed $1 billion, so there is plenty of money to go around. Initially, the operators were expected the authorities to reach a decision at the end of the year, but it is very likely for things to be put into overdrive. The best case scenario is for the four licenses to be awarded in September, so that interested gambling operators will have a chance to start building the resorts right away. Meanwhile, online casinos are doing their best to penetrate the American market and the obvious concern for them is to change the legislation. The lobby is only partially working, because things are advancing at a snail's pace due to the fierce opposition from casino moguls such as Sheldon Adelson. Even so, prominent online casino such as William Hill Casino are widely regarded by liberal lawmakers as a great addition to the US gambling industry. They would provide gamers with more alternatives, while generating a lot of income for the cash stripped states.
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I have been a matched betting enthusiast for years and now I am teaching it for free to everyone.

Hey beermoneyukers!
After years working in my 9-5 job as a website developer for a large corporation I decided I could not face selling my soul any longer lols and packed in my job.
Since then, I had a stint working as a freelancer whilst also making a healthy side income via matched betting. And over the past 9 months I’ve been building a website that teaches people how to do the same.
There are a lot of websites out there that teach matched betting, but most require a monthly subscription and most have long articles that can be a bit dry and hard to follow.
So instead, I built a website, Team Profit, that:
  Is completely free
  Uses animated video guides to teach people (link)
  Has infographics to accompany all video guides
  Provides step by step guides for 25+ bookmaker offer which will make you £600+ risk free (link)
I have amended the video script over 50 times to try to make it as concise and helpful as possible, hopefully they are a good watch!
Any feedback on the videos, guides, blog or anything else, please let me know, I spend every day adding new content and improving existing content.
If you are thinking of learning matched betting and making £600+ risk free, please check it out!
www.teamprofit.com
 
MEGA FAQs GUIDE TO MATCHED BETTING
 
The video guides I posted above will teach you everything about matched betting.
However, I figure no harm in me writing down everything I know about matched betting in an FAQ style layout. Hopefully this will be useful to you.
I have tried to answer every question as concise as possible / no rambling :D
I have split the FAQs into the following sections:
 
INTRODUCTION
1) What exactly is matched betting and how I do make money risk free?
2) How popular is matched betting?
3) Does it involve gambling?
4) How much money will I need to start?
5) How much time will it take me to learn matched betting?
 
OFFERS & YOUR PROFIT
1) How much money can I make matched betting from the welcome offers (new customer only)?
2) How much is a free bet worth in actual cash profit?
3) After I have finished the Welcome Offers, how much money can I make matched betting each month from Daily Offers (existing customer offers)?
4) What type of Daily Offers are available?
 
BOOKMAKERS AND BETTING EXCHANGES
1) Which bookmakers have the best welcome offers?
2) Which bookmakers have the best offers for existing customers?
3) What is mug betting?
4) What is a betting exchange?
5) How do we use a betting exchange?
 
ADDRESSING COMMON CONCERNS
1) How sustainable is matched betting?
2) Will it impact my credit rating?
3) Do the bookmakers have terms to stop customers from withdrawing?
4) Do I need to know about sports?
 
WHICH WEBSITES TEACH MATCHED BETTING - YOUR OPTIONS
1) Where can you learn matched betting?
 
ADDITIONAL FAQS
1) Depositing and withdrawing
2) Sending identification documents
Any questions that haven’t been answered please add a comment and I’ll add the FAQ and answer.
 
INTRODUCTION
 
1) What exactly is matched betting and how I do make money risk free?
There are more than 25 online bookmakers in the UK. In order to attract new customers, they each offer free bets, known as ‘Welcome Offers’.
In total they offer over £800 in free bets to new customers.
In order to receive the free bet, bookmakers require you to place your first bet. An example offer is ‘Bet £5, Get £20 free bet’.
The risk is that you could lose both the £5 bet (your own cash) and the £20 free bet.
By using a technique called matched betting, we remove this risk.
This is because we match our first £5 bet on the bookmaker with a £5 bet on a betting exchange on the opposite outcome (this is known as a ‘lay bet’).
For example, we bet £5 on Man Utd to win on the bookmaker, and £5 on Man Utd not to win on the betting exchange.
As we have now bet on all outcomes, regardless of whether Man Utd win, draw or lose, we will neither win nor lose money. However, we have received the £20 free bet!
With the £20 free bet, we can now repeat this process by betting on say Liverpool to win on the bookmaker and Liverpool not to win.
This time, because we are using a £20 free bet but our winnings are paid out in cash, we will always make a profit.
We repeat this process for 25+ bookmakers, one by one. In total we can convert the £800+ in free bets to over £600+ in actual cash profit, in very little time at all.
 
2) How popular is matched betting?
Matched betting isn’t new and has been around since at least 2005.
However, it is only since 2015 that it has really increased in popularity due to the rise of websites teaching matched betting. You can see this trend here: Google Trends Link
By looking at the various matched betting sites popularity, a reasonable estimate is at least 25,000 people in the UK are matched betters. You can see a review of sites that teach matched betting in the ‘Which websites teach matched betting?’ section below.
 
3) Does it involving gambling?
This is the most common assumption with matched betting. You’d be forgiven for thinking that it did involve gambling simply because the name ‘matched betting’ would suggest it did.
However, matched betting does not involve gambling, you will never be risking a penny.
Because we are always covering the opposite outcome occurring, there is never any risk we will lose money. Furthermore, we still receive the free bets which we will where we make our profit.
The profitability and risk free nature of matched betting has been reviewed in the Daily Telegraph and the Guardian
 
4) How much will I need to start?
You can start with as little as you want, however the lowest I would recommend starting with would be £25.
With £25, you can start your first bookmaker welcome offer and make a deposit into your first betting exchange, meaning you can start making a profit.
For more details, see this Starting with £25 guide.
The downside, with only £25 you are restricted by having to wait for withdrawals before you can move onto the next offer.
Therefore, I would say an optimal amount to have available for your cash flow would be in the region of £200 as this allows you to complete multiple welcome offers simultaneously.
 
5) How long will it take me to learn matched betting?
To learn the principles of matched betting, it will take up to 20 minutes.
To become familiar with completing your first offer, I would set aside another 30-60 minutes so you can take your time and ensure you are completing it correctly.
For example, the video guides on Team Profit last a total of 21 minutes (8 minutes for the explainers videos and 13 minutes to watch the step-by-step real time example). Although they last just 21 minutes, some users watch certain parts of the video again to become comfortable with the process.
It is very much recommended to avoid trying to learn matched betting by yourself. There are thousands of experienced matched betters who can help you. For more details on this, see the ‘Which Websites Teach Matched Betting’ section.
If you need any help anytime, please do comment in this Reddit thread and I’ll help you out.
 
OFFERS
 
1)How much money can I make matched betting from the welcome offers (new customer only)?
From the welcome offer, you can make approximately £1,000 cash profit.
There are 25+ bookmaker offers available on sports for at least £600 profit. These are relatively straightforward offers and good value in terms of time to complete. It would take around 12 hours to complete these offers, which works around £40 / hour tax free. You can complete them over any time period you like.
There are at least another 5 bookmaker offers, such as Bet365 and BetVictor, though these require more time, you could make around £100 to £200. They require more time because the bookmaker requires you to bet many more times before you can withdraw.
Plus 20+ offers across casino and bingo, though some are not risk free and typically take more time to complete, but you should be able to make at least £200 profit from these offers.
So overall, there is an easy £600 profit risk free, then up to another £400 if it’s worth your time to do them.
 
2) How much is a free bet worth in actual cash profit?
A £10 free bet is worth between £5 to £8 in actual cash profit.
The reason for the range is because the higher odds you choose for your free bet, the more actual cash profit you will make.
For example, if you bet on a football team with odds of 2.0, the £10 free bet will convert to around £5 cash profit. Whereas if you bet on a football team that is unlikely to win, with odds of say 6.0, the £10 free bet will convert to around £8 cash profit.
Note though, the higher odds you choose, the more you will need in your betting exchange account in case the bet wins. For a detailed explanation with examples, read this free bet profit article.
 
3) After I have finished the Welcome Offers, how much money can I make matched betting each month (from existing customer offers)?
Anywhere from £100 to £1,000+ per month.
Bookmakers continue to run free bet offers to retain their customers, I refer to these as Daily Offers.
Daily Offers are typically less valuable than the welcome offers but still worth completing.
For example, rather than ‘Bet £5 Get £20’ that they offer to new customers, they may instead run ‘Bet £20 Get £10’ and on a particular football match.
I would say for people with a day job, aiming for between £300 to £500 a month is realistic. In terms of time required, for every hour you spend, you should make around £30 tax free.
So to make £300 a month, expect to spend around 2-3 hours a week. I’d say to earn more than this, you will likely need to accept a lower hourly rate and do some of the low value offers too.
If you are looking to make £1,000+, I’d expect you would have to be near full time and also be fortunate to keep your enough of your bookmaker accounts open for 12+ month period (what is mugging bet FAQ below).
 
4) What type of offers are available for existing customers?
 
Easy offers:
The most common easy offer on football matches is Bet £20 Get £10 free bet. Many bookmakers run this offer, though it will usually be on a particular football match.
The most common easy offer on horse racing is usually on SkyBet, who will run simple offers such as ‘Get £25 free bet if your horse comes 2nd or 3rd’.
There are also easy casino offers, such as ‘£5 risk free’, where you spin on slots and hope to win, if you don’t they’ll refund up to £5 of losses.
These offers can make you up to £300 per month (or £500 on a good month with European football) and are easy for those with a day job.
 
Harder offers:
If you are looking to make more than £300 to £500 a month, then you will need to spend time on Saturday’s completing horse racing offers on Channel 4 racing and during the week too, though Saturday’s are the most profitable.
Plus you will need to do more advanced offers such as football accumulator refunds, each way offers, though I will leave these aside given they could have their own separate thread :p
If you’d like to understand where you can learn more about these offers, see ‘Which sites teach matched betting?’ FAQ below.
 
BOOKMAKERS AND BETTING EXCHANGE
 
1) Which bookmakers have the best welcome offers?
 
There are 3 formats of bookmakers welcome offers.
 
‘Bet £X Get £Y free bet’ - these are the most straightforward. Simply place your first bet and receive a free bet.
This format of welcome offer, ranging from Bet £5 Get £20 to Bet £50 Get £50, is available on Coral, SkyBet, BetBright, Betfred, Paddy Power, BetStars, William Hill, Stan James, Betway, Ladbrokes, TitanBet, 32Red and MarathonBet.
 
‘Refunds’ (also known as Risk Free offers) - these are similar to Bet £X Get £Y free bet. The only difference is you only receive your free bet if your first bet loses, hence I refer to these offers are refund offers.
This format of welcome offer is, ranging from £10 to £50 refunds, is available on Bwin, Dafabet, UniBet, Totesport, 188Bet, SuperLenny, Genting and 888Sport.
 
‘Multi Bets’ - these welcome offers require multiple bets to be placed before receiving your reward. It can take form of a bonus which requires to bet £X amount until you can withdraw any winnings, or the form of a cash reward once you have bet £X amount.
This format of welcome offer is available on Bet365, BetVictor and some other bookmakers, however they often require such a large amount of betting that I haven’t included them in this list.
The quickest to complete are the Bet £X Get £Y due to their simplicity, then the next best are the ‘Refunds’ offers.
The Multi Bet offers can be very valuable (e.g. Bet£365’s offer is worth over £150 profit risk free) but can also require much larger deposits in order to place the bookmaker bets and lay these bets in your Exchange.
 
For details of each bookmaker offer, see this Welcome Offer List & Guides
 
2) Which bookmakers have the best offers for existing customers?
 
Bookmakers vary in their level of generosity to existing customers. This is a little subjective, but in my opinion, this is the ranking of bookmakers for existing customers:
 
Best: Bet365
Bet365 run a £50 Risk Free offer most months (sometimes twice a month during popular football months) which is worth £35. It is very quick to complete (less than 10 minutes) so for £35 to £70, or around £500 a year, it is a great offer.
Plus they have one of the best horse racing offers, up to a £50 risk free bet if your pick a winning horse with high odds. This is a profitable offer worth around £20-£30 a week, or up to £1,000 to £1,500 a year.
 
Second Best: SkyBet
SkyBet run regular £5 to £25 free bet offers on horse racing and football, plus regular £5 risk free offers in SkyVegas.
 
Third & Fourth Best: Coral and Paddy Power
Both these sites run regular horse racing, price boosts and football offers (Bet £20 Get £10 in particular), at least £20 to to be made on every week from these two sites.
 
Good: William Hill, Ladbrokes, BetStars, Stan James, Betway, Bwin, Betfred, Totesport, 188Bet, 888, BetVictor
All these bookmakers run offer(s) each week so it’s worth ensuring you have completed the welcome offer for each of these sites so you can take advantage of their daily offers for existing customers.
 
3) What is mug betting?
If you are only ever betting when you receive an offer, the bookmaker will no longer allow your account to receive free bet offers (this is known as being ‘gubbed’).
To get around this, you should place ‘mug’ bets. ‘Mug’ bets are simply bets that a ‘mug’ punter would place. Mug bets include £1 accumulators (betting on several teams to win) and betting on favourites without an offer.
Most advice suggests that for every offer you receive, you should place 2-3 mug bets.
If you are gubbed, it does kinda suck when you receive the email, as you can no longer profit from the bookmaker’s offers.
It is also becoming increasingly common as bookmakers are noticing more suspected matched bettors, due to its increasing popularity. My advice is to make money whilst you can and take sensible precautions to try to keep your account active.
For more details, see this Mug Betting article
 
4) What is a betting exchange?
A betting exchange is a marketplace for customers to bet between each other on the outcome of particular events. This differs from a traditional bookmaker because an exchange also gives you the ability to be the bookmaker yourself and take bets from other exchange users.
Standard bookmakers generate profit by offering odds that are in their favour. Betting exchanges explained in terms of how they generate revenue is they charge a commission on any winnings a player receives.
The two market leading betting exchanges are, Betfair and Smarkets.
For more details, Betting Exchanges Comparison.
 
5) How we use betting exchanges?
When matched betting, a betting exchange is used to place our lay bets (the opposite bet to our trigger bet). So when we place the trigger bet with the bookmaker on one outcome to release the initial free bet, we must also cover the opposite outcome so that if the bookmaker bet does lose we still win on the lay bet - making it risk free!
Similarly when we are placing the free bet bet with the bookmaker we then lay off that bet using the exchange and because we’re using a free bet but being paid out in cash, this is how we turn free bets into withdrawable cash.
We only ever use betting exchanges for lay bets.
 
ADDRESSING COMMON CONCERNS
 
1) How sustainable is matched betting?
Matched betting over the past 6-9 months has become harder. Most bookmakers have realised they are thousands of matched betters taking advantage of their offers and so have either reduced the generosity of their offers or have made the daily offers more complicated.
However, there is still intense competition between the bookmakers, meaning they will always run special offers to an extent.
By spending a few hours a week, you can still make £300 to £500 a month, whereas in past year(s) this figure could have been £500 to £800.
The biggest issue matched betters face is being ‘gubbed’. As explained in the mug betting FAQ, this is when a bookmaker restricts you from receiving free bets and bonuses.
There are various theories as to how a particular bookmaker decides to to gub a customer. Reasons include taking up too many offers, winning a high % of bets, withdrawing regularly, placing bets far in advance or at irregular times.
The truth is nobody really knows precisely why people gubbed. However, you can expect to get gubbed at some point from a particular bookmaker, it may be 2 months, it may be 2 years, it is hard to know.
I really think though that everyone can make up to £1,000 from the Welcome Offers and at least £300 to £500 a month without any problems. I think the issues comes when you are making £1,000+ every month which sooner or later bookmakers will catch up that you are taking up a lot of offers.
Having said this, some people say they have been making £1,000+ every month for years, so maybe it is possible if you are using a wide variety of bookmakers and consistently placing mug bets.
 
2) Will it impact my credit rating?
Having betting activity on your bank statement does not impact your credit rating.
The only thing to be wary of when making betting deposits and withdrawals is that it can affect your application for a mortgage. So if you’re planning on applying for a mortgage in the near future then I’d recommend using a separate bank account to that which you’ll be applying for the mortgage with.
 
3) Do the bookmakers have terms to stop customers from withdrawing?
The vast majority of welcome offers do not have any withdrawal restrictions.
A handful of welcome offers do but this will be state in the terms and conditions. It is much easier though to use a matched betting website as they will clearly highlight the key terms of each offer (see ‘Which websites teach matched betting’ section below).
Casino offers will almost always have withdrawal restrictions, however for the matched betting welcome offers we are focusing on sports betting.
 
4) Do I need to know about sports?
Not at all! You do not need a sports background or have any sort of betting knowledge, many matched betters do not know anything about sport or betting before learning matched betting.
You may learn matched betting a little faster if you have sports betting experience but it really isn't important at all.
 
WHICH WEBSITE TEACH MATCHED BETTING - YOUR OPTIONS
 
There are 30+ websites that three key stages to matched betting:
Stage 1) Learning matched betting
Stage 2) Completing the Welcome Offers (for new customers)
Stage 3) Profiting in the long term from Daily Offers (for existing customers)
Below I have tried to cover the main sites that will help you with each of these stages.
 
In summary, I may be biased :p but I think the:
Stage 1) and Stage 2) best approach is to use TeamProfit.com
Stage 3) Join a paid membership site, either OddsMonkey.com, ProfitAccumulator.co.uk or ProfitMaximiser.co.uk to continue to make money from the Daily Offers.
 
FREE SITES:
 
TeamProfit.com (link)
I really believe Team Profit is the best site to learn matched betting and complete the welcome offers, but compare us to the other sites and see what you think!
Learn matched betting with animated videos (link)
25+ Welcome Offers using the step by step guides (link)
A free Facebook group to provide help to you anytime you need (link).
 
MoneySavingExpert.com (link)
The advantage of MoneySavingExpert is the sheer volume of content, covering all aspects of matched betting.
The disadvantage of MoneySavingExpert it is not well structured as it is just one forum with a long lists of posts so it takes quite a while to find relevant threads and miss key information.
 
MatchedBettingBlog.com (link)
The advantage of MatchedBettingBlog is the clear layout of the daily offers posted each day for with step by step instructions. It’s a good site to check to avoid missing the best and easier daily offers. The forum community also helps to post additional offers on top of those listed on the homepage, and also provides general advice on completing daily offers.
The disadvantage of MatchedBettingBlog is it is relatively limited in terms of teaching matched betting and does not provide a clear list of welcome offers. Also, for those looking to make £500+ every month, it doesn’t provide any software to help with the more advanced types of matched betting with daily offers, such as horse racing refunds and accumulator refunds, that the paid member sites offer.
Additional free matched betting sites include:
Matchedbettingfree.co.uk (link) (Reddit thread link)
Freebets4all.com (link)
 
PAID SITES:
 
Paid sites usually charge £15 to £25 a month.
In return, they will teach matched betting, provide list of welcome offers and provide daily offers too. Additionally, most paid sites will also provide software that helps to make you more money plus save you time.
 
OddsMonkey.com (link | non)
OddsMonkey charge £15 per month or £150 per year.
They are the most well known provider of matched betting software. Earlier this year, they added the full range of matched betting services, so now they provide all of the below:
Tutorial articles
Welcome offer step by step guides
Daily offers calendar
Software: OddsMatcher, Horse Racing Refunds, Tennis Refunds, range of calculators and spreadsheet
Forum
The advantage of OddsMonkey is the exceptional value. They have the best range of software and tools for matched betters to maximise their profits, are consistently bringing up new tools at no added cost. At only £15 per month it is one of the best options to consider.
The only disadvantage is the forum is not as busy as the next two options, ProfitAccumulator and Profit Maximiser. Though the forum is still a sufficiently active to ensure any questions have you are answered quickly.
 
Profit Accumulator (Link - Chazmer87's I don't have one | non)
Profit Accumulator charge £23 per month or £150 per year
Profit Accumulator helped to bring matched betting to the main stream with a highly active community. There are clear similarities between OddsMonkey and Profit Accumulator in terms of their high standard of software and offers.
The advantage of Profit Accumulator is their very active community. There is a great deal of advice in virtually every aspect of matched betting and the information is all well structured. Plus they have a very good offers coverage.
The only disadvantage to Profit Accumulator is the higher cost. The membership itself is £23 per month, plus their version of the Horse Racing Refunds software is £10 per month, or £115 a year. So in total you are paying £33 per month versus OddsMonkey’s £15 per month.
 
Profit Maximiser (Link | non)
Profit Maximiser is run by the original matched betting guru Mike Cruickshank.
Mike has been building software for matched betters for many years and has a very active Facebook Group.
Each piece of software is sold separately, I believe the below is accurate, each have their own £1 free trials:
Bonus Bagging £27 plus VAT - provides a list of all welcome offers and teaching (Link | non)
Profit Maximiser £97 plus VAT - provides all daily offers (Link | non)
Each Way Sniper £47 plus VAT - provides a horse racing betting system (Link)
Accumulator Generator £149 plus VAT - provides a football betting system (Link)
I believe Mike may have a couple more tools, if so I’ll edit this post if you could please comment / send me a message.
The advantage of Mike’s products is that there is no monthly recurring fee, so if you intend to do this for many months, it may work out profitable to do so. Plus from what I understand their Facebook Group finds some lucrative casino loophole offers faster than other matched betting providers.
The disadvantage of Mike’s products is that you have to buy each product separately rather than having it all within one simple account. Additionally, the total cost if you were to buy all 4 above listed products is £320 + VAT (total cost £384) whereas you could receive all these tools for £15 per month from Oddsmonkey. Having said that, Mike’s products do come with a £1 free trial, just be careful to cancel before the trial ends if you don’t want to continue.
Additional free matched betting sites include: Yes Bets link
Pure Profit link
 
ADDITIONAL
 
1) Depositing and withdrawing
To ensure you qualify for the Welcome Offer, use a bank card to deposit into your newly set up bookmaker account. Most sites will allow Paypal too though check the terms and conditions.
If you use Skrill or Neteller, typically you will not qualify for the Welcome Offer (bookmakers have this rule to prevent fraud) but you can check the terms and conditions.
Withdrawing is easy, you should receive your funds within 1-3 working days depending on the bookmaker.
 
2) Sending identification documents
Occasionally, bookmakers may require to send in identification documents (passport or drivers licence for example) and a copy of your bank card. This is to prevent fraud. This usually happens if you are not listed on the Electoral Roll or there is a difference between your home address and billing address. Simply take a photo of the documents they ask for and email them back.
 
THAT COMPLETES THE MEGA FAQ GUIDE TO MATCHED BETTING!
 
If you have any questions, comments or suggestions, please do post a comment thanks!
 
submitted by greenmachine9 to beermoneyuk [link] [comments]

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