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converting sim credit into cash or goods.

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  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 7 April 2011 at 12:24AM
    I misunderstood your first post, sorry.
    I don't see any problem in placing 3x£3 bets on the same selection, but if you insist:

    http://betnow.co.uk/help/howto.aspx#_The_Stake_Money
    The stake money

    Depending on how you first came to use betNOW your default stake will be £3, £5 or £10. This is your standard bet size which can be funded from your phone bill. Vodafone customers may stake up to £30 per bet from their phone bill.
    ... See Advanced texting features for details on placing different sizes of bet.
    Make sure that your betting account is empty before using your mobile credit for placing a bet(s).
  • Xad
    Xad Posts: 46 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Same situation here
    Betnow is quite useful - you can either gamble on very low odds e.g. I did "rafael nadal to win" or for complete certainty bet both sides of a tennis match & lose about 15% of the amount gambled (which you can then cash out)
    Went with the BetNow method. They gave me a £3 free bet as a promo, so used that on the maidana vs morales fight. £3 on morales (insurance) as a heavy underdog just incase (win £18) and my actual phone credit of £9 on maidana so the win should be £9.63 unless the underdog wins in which case, £18 :D Did it via 3 x £3 bets to get to the odd number of £9, just 4 pence left on phone after the text costs. Perfect! Thanks.
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Generally it is a bad idea to back opposite outcomes at the same bookie. Much better is either to use different bookies or to lay the same outcome at a betting exchange (betfair, betdaq).
    Also, it's a mystery to me how you can make £9.63 return from a winning £6@1.08 bet on Maidana and losing £3 bet on Morales
  • Xad
    Xad Posts: 46 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    edited 8 April 2011 at 2:38AM
    grumbler wrote: »
    Generally it is a bad idea to back opposite outcomes at the same bookie. Much better is either to use different bookies or to lay the same outcome at a betting exchange (betfair, betdaq).
    Also, it's a mystery to me how you can make £9.63 return from a winning £6@1.08 bet on Maidana and losing £3 bet on Morales
    I'm not doing this for the sake of betting, but to get my credit out after which i'm going back to not betting. But i don't see how it'll cause any issues betting two ways.

    I'll get £9.63 for £9 phone credit (odds for Maidana was 1.07 at time of betting). On top of that i got a £3 free bet, which i put on Morales as insurance since he's the heavy underdog, should he surprise everyone i get £18.
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 8 April 2011 at 12:41AM
    Xad wrote: »
    I'm not doing this for the sake of betting, but to get my credit out after which i'm going back to not betting.
    That's why if you do this correctly you can get the same guaranteed return regardless of the outcome. You can make about £8 from £9 mobile credit and about £2 from the free £3 bet (without risking to lose everything in the unlikely event of the draw result)

    Well done anyway (if it's not a draw).
    But i don't see how it'll cause any issues betting two ways.
    Mug punters never do this. Most bookies like only mug punters and close/limit accounts of those who behave differently. Don't know if it's the case for Betnow.
    I'll get £9.63 for £9 phone credit (odds for Maidana was 1.07 at time of betting). On top of that i got a £3 free bet, which i put on Morales as insurance since he's the heavy underdog, should he surprise everyone i get £18.
    With the free £3 bet the figures do make sense.
  • This may sound like a particularly idiotic question to ask and as im not much of a gambler (im a lover!) im not entirely sure what text betting is and how it works!

    Can someone give me a quick explanation on how this actually works? do these people take my credit??? is that even legit? im confused!
    I'm not normally a religious man, but... if you're up there, save me, Superman!
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    This is legit. See the link above to the thread on the GIOL board.
    Read it and the information on their website.
    I have not done this personally, but I will be able to answer any specific questions if you have them.
  • Does anyone know of any other ways that don't involve gambling? Any advice would be appreciated. Have got credit built up that I'm never going to use.
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Matched Betting.
    It does involve bookies, but doesn't involve gambling.
  • stampede
    stampede Posts: 240 Forumite
    Getpoundsback are doing cashback on this now.
    I cashed in £30 no problem.
This discussion has been closed.
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