The list of people using Raid The Bookie and guaranteeing profits from the bonuses the bookmakers offer new users is growing every day!There has been a huge increase in new users recently thanks to 'The Student Guide' featuring us in their annual publication. The guide is available in many stores across the UK (WHSmith's, Sainsbury's, Waterstones).
For people new to arbitrage and matched betting, yes. Bookmaker offers aren't going anywhere ... we have positive relationships with many of them and they are happy with what we offer. Long term, they win.
Long term there is not enough money in the industry for all of them to win. End of the game is closer.
Some will take the easy £1000 or so, some will try hard and grab £2000 then give it up. Some will lose money due to a mistake etc Most will give up once the easy money drys up as A: They will spend their profit rather than build a float which is necessary, B: are too lazy or C: have no maths skills.
Luctens, your entire post is based on the assumption they get their money from a revenue deal. What about them having a deal where they get a fixed amount per signup?
QuoteLuctens, your entire post is based on the assumption they get their money from a revenue deal. What about them having a deal where they get a fixed amount per signup? I always assumed it was a flat rate per referral - how does the affiliate know what kind of turnover one of their referrals makes?A flat rate makes more sense for both parties IMOMaybe Nikos can confirm?
Luctens, your entire post is based on the assumption they get their money from a revenue deal. What about them having a deal where they get a fixed amount per signup? The bookmakers know very well a certain percentage of their users will make money off of them, but for every 5 signups they lose some money at, they could gain 1 genuine punter that would make them x times that amount back over a longer period.I see no reason to condemn a service for this business model...there is nothing "bad" about it. They provide a free service for newbies and those newbies can make some money off of it. If the service makes money from the bookie as well, that's fine. If the bookie takes the risk of losing money from it, that's their problem but as long as everybody is happy with it...Or are you saying they should send every subscriber a mail after they finish the deals to encourage them into "taking out all money from the bookie accounts" because they should not place punts and could lose money that way? Don't condemn a service because some of their users might get hooked, if those users are stupid enough to start betting the regular way it's not this service's fault.If you are going to condemn every person with a signup or affiliate link to a casino or bookmaker site, this is the last service you should start at because at least they try to get a majority of their subscribers in the black.
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