Egg Loans - £3000

jenni1188

millsee wrote: »

Wow!
Keep your hair on and read the post carefully! :eek:


What the poster is suggesting is something called "matched betting". It is a risk-free way to exploit the free offers that online bookmakers send. It is a very simple and sure-fire way to make some money and is NOT gambling.

It is discussed on this very forum.

I made a very easy £2K from it a few months ago and was surprised by how simple it really was.

Please don't jump down people's throats when they are making serious and constructive suggestions.

Thaks but no thanks read up and it seems far to complicated i don't understand it and there is no way it is 100% going to make a profit!

lucy_w86

jenni1188 wrote: »

Who did you try? Can i ask are you in full time employment and what is your credit status?

I am 19, no credit history, have a lot of searches on my record as i didn't know it affected your credit score and am in full time employment!

Do you think there is any point in my applying oh yeah and my credit score is 369.

My credit score is very poor because I didnt realise the more you apply for the worse your score. As I say, you learn from your mistakes.

I am temping which I think may be the prob but I am 21, have one credit card and pay it off reguarly. An overdraft a rarely go into. Thats it. I dont know why I got refused, as I say I think its the application issue so make sure you use your application wisely - apply somewhere where you think you are most likely to be accepted.

millsee

jenni1188 wrote: »

i don't understand it and there is no way it is 100% going to make a profit!

Well, therein lies the crunch.

If you did understand it, you would see you would be using the bookmakers own money to "hedge" or "match" a bet to guarantee a return. I think your issue is that you've seen the word "betting" and jumped to an erroneous conclusion.

See, if I said Tim Henman was going to win at Wimbledon today, I might get 2/1 odds. What I can also do is use the bookmakers' own money (using the regular £20/£25 "free bet" offers they make) to say that Tim Henman won't win. So whatever the outcome, I get my money back. I also get the free bet back WHATEVER THE OUTCOME.

So it does work. 100% of the time. If you don't want to do it, then that is your prerogative. However, please don't suggest other people are mugs and fools for taking advantage of simple maths. I took advantage and had a nice holiday off it. :beer:

FWIW, I think that standard non-matched betting is indeed a mugs' game. My Dad told me a story of when his Dad used to take him to the races at Aintree when he was a lad. There used to be a bloke in a big cape who used to walk round the trackside and shout "I have a tip on the next race" in some demonic voice. People would slip him a couple of bob for the tip. My Dad (5 or 6 at the time) said "Why does he tell other people who is going to win the race if he knows himself". "Ah," said my Grandad, "The day William HIll turns up here on a pushbike is the day I start betting on horses"

There must be a clever male streak running through my family that somehow skipped this particular generation.

lucy_w86

millsee wrote: »

Well, therein lies the crunch.

If you did understand it, you would see you would be using the bookmakers own money to "hedge" or "match" a bet to guarantee a return. I think your issue is that you've seen the word "betting" and jumped to an erroneous conclusion.

See, if I said Tim Henman was going to win at Wimbledon today, I might get 2/1 odds. What I can also do is use the bookmakers' own money (using the regular £20/£25 "free bet" offers they make) to say that Tim Henman won't win. So whatever the outcome, I get my money back. I also get the free bet back WHATEVER THE OUTCOME.

So it does work. 100% of the time. If you don't want to do it, then that is your prerogative. However, please don't suggest other people are mugs and fools for taking advantage of simple maths. I took advantage and had a nice holiday off it. :beer:

FWIW, I think that standard non-matched betting is indeed a mugs' game. My Dad told me a story of when his Dad used to take him to the races at Aintree when he was a lad. There used to be a bloke in a big cape who used to walk round the trackside and shout "I have a tip on the next race" in some demonic voice. People would slip him a couple of bob for the tip. My Dad (5 or 6 at the time) said "Why does he tell other people who is going to win the race if he knows himself". "Ah," said my Grandad, "The day William HIll turns up here on a pushbike is the day I start betting on horses"

There must be a clever male streak running through my family that somehow skipped this particular generation.

Hi,

I am interested in this but when I read through the thread I got very confused.

Can you send me a PM to help me out and explain it a little more to me?

Many Thanks!

scottish_blend

lucy - me and a mate are in the middle of doing this to pay for a holiday at the end of September. We've put in £300 between us and a fortnight later are sitting with £500. so really we could take our £150 each back, and still be £200 up. Our goal is to make enough by the end of September to pay for 2 weeks holiday and spending money. I'm confident we'll do it.

You will need to read through the guide (plus the new to matched betting questions thread) about half a dozen times to get it clear in your head, but when you do its worth it. Play about with the spreadsheets too to see how they work. I'm still a newb but I'd be happy to help if you had any questions.

lucy_w86

scottish_blend wrote: »

lucy - me and a mate are in the middle of doing this to pay for a holiday at the end of September. We've put in £300 between us and a fortnight later are sitting with £500. so really we could take our £150 each back, and still be £200 up. Our goal is to make enough by the end of September to pay for 2 weeks holiday and spending money. I'm confident we'll do it.

You will need to read through the guide (plus the new to matched betting questions thread) about half a dozen times to get it clear in your head, but when you do its worth it. Play about with the spreadsheets too to see how they work. I'm still a newb but I'd be happy to help if you had any questions.

Hi,

I found it difficult reading through the thread

If you could PM me with how you go about it and I will use it alongside the thread

MORPH3US

mightymouse wrote: »

https://www.yourpersonalloan.co.uk/

STEER WELL CLEAR!!!!

jonesMUFCforever

To all gamblers on this thread who said that fools and their money are easliy parted????????
One little mistake and there goes your money.
Fools paradise you win short term and lose long term - then you gamble more to try and win back what you have lost.
There is no such thing as a free lunch!

izboo

Firstly I must apologise to the OP for further hijacking this thread but I felt a little perspective was called for here.

ejones999 wrote: »

To all gamblers on this thread who said that fools and their money are easliy parted????????
One little mistake and there goes your money.
Fools paradise you win short term and lose long term - then you gamble more to try and win back what you have lost.
There is no such thing as a free lunch!

I would respectfully ask ejones999 to try and understand the concept that matched betting is NOT gambling in the very important sense that (if done correctly) you are guaranteed to make a profit overall. In this sense it is just as valid a moneysaving expert tool as stoozing, or does ejones999 consider that stoozers also have no free lunch. Just like stoozing there are careful rules to follow and you have to be disciplined. In the case of matched betting the discipline comes in making sure that the free bet offers can be used without any further tie in, that competitive events are selected for 'betting' on to ensure that a ready 'lay' market is available and above all (this is where I agree wholeheartedly with the doubters) that you are NOT tempted to bet in an unmatched manner. I would also suggest that accounts should be closed as soon as possible after taking the free bet.

I do not use matched betting myself for the simple reason that I don't like the idea of giving my personal/banking details to a whole raft of 'gambling' sites regardless of whether or not the account is closed after use -maximising matched betting profits means opening accounts with all sorts of new betting sites of unknown provenance and integrity. Similarly I do not stooze because I don't wan't the hassle of having to juggle balances between multiple cards while remembering the offer dates. I do however recognise that both systems, if managed carefully, will indeed earn you enough money for a free slap up lunch (at Mrs Miggin's pie shop or otherwise).

To the OP I'm afraid I cannot give any info on Egg loans but I would be interested to know if they manage to obtain a loan and at what percentage as I know a 20yr old lad who is looking to get a loan to finance a cheap car(Hah!! If ever there was an oxymoron that has to be it :mad: ) to get him to his new job and the APRs he is getting quoted are pretty steep.

Hava nice day y'all.

Loonyed

well im in my last monthly payment of payng off a 5 year loan with egg and the final payment they have sent me is ridiculous. :rolleyes:

I would advise u not to go with egg tbh hun as since day one (i.e. 5 years ago) they have been a crock of poo and tbh dont know there !!!! from there elbow :A

as for statements...i don't think they understand what they are as im still trying to get them off them to rectify why thery want of 350 quid for a 127 quid a month loan :eek:

moneysaving.com loan seems a better deal but then again all loans are always headwork so maybe buy a cheap 500 quid run around before u think of getting a loan for a car?

cheers