Matched Betting 2024 - How To Bet On Every Horse And Win BIG

Matched Betting in 2023 presents a nice opportunity to bet on every horse in a horse race dutching each way extra places.
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This Matched Betting tutorial video will cover dutching the Extra Place Offer in Matched Betting. This horse racing extra place strategy will ensure that you lock in a massive profit each time it's implemented by betting on every horse in the race.
Dutching is an advanced method of Matched Betting and is the only Matched Betting strategy that doesn't rely on using a betting exchange whatsoever.
Instead, we can use the OddsMonkey and the extra place matcher. Dutching extra places rely on simply backing every single horse in a horse race across various different bookmarks.
With an applicable horse, where this strategy can be implemented, usually with extra places at Cheltenham or some of the other big horse racing meetings and festivals, you will be able to lock in some enormous profits from dutching extra places!
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[@marcchurch3924]

A huge thank you, only been MB a few weeks but your videos have helped loads, much appreciated 👍

[@ProfitPineapple]

Not a problem Marc, thanks for watching!

[@KatRonson]

OMG so happy I've discovered this page. I actually understand what you say! I've been MB 2 weeks and have started to plateau so really need some tips! X

[@ProfitPineapple]

Glad it helped Kat :)

[@pauljordan2361]

hi liam im learning a lot from your videos , getting ideas as a new starter to matched betting cheers mate .

[@craigsutherland4726]

I’m absolutely hopeless with technology but love a gamble. Wish you were here to set this up for me bro 😉

[@johnmerrett5186]

Very interesting indeed. My bankroll not big enough (yet), but it was a great video, will definitely use it when I have about £1k. Thanks for the explanation.

[@xanadudawn]

Thank you. Very well explained

[@ProfitPineapple]

Cheers Paul

[@Celtwoman1949]

This has really whetted my appetite and I'll be studying this a lot more

[@stephenlogan1248]

yet again Liam , excellent video 👍

[@ProfitPineapple]

Cheers Stephen appreciate it mate! 👍

[@l.p3826]

Such a great video. Appreciate this.

[@ProfitPineapple]

Not a problem, thanks for watching!

[@rael3109]

Great advice.

[@debrarobb826]

Brilliant thanks

[@mikemcgrath3445]

GREAT VIDEO WELL DONE PAL!

[@ProfitPineapple]

cheers Mike!

[@chrisharris3147]

No need, ive reverserd engineered it and built my own excel sheet, cheers took a bit of thinking though lol

[@TheLucidscreamz]

ahhhh thanks liam , im in profit accumulater but this is looking a good un for e\w eps no lay yeay :)

[@angelofinocchiaro6562]

Great video 👏🏻 thanks! Could it be done, potentially, every day?

[@Bowwylad]

thanks!

[@chrisharris3147]

love your videos. any chance i could get the excel spreadsheets from you? cheers

[@paulgjohnston]

Another brilliant video. Many thanks!

[@ProfitPineapple]

Cheers Paul, appreciate it mate

[@paulgjohnston]

@@ProfitPineapple No problems. You should think about doing more with your skills/information. Other guys on Facbook etc not as good as you.

[@beaverundercover3479]

Thanks for the video. But I don't understand why I would need to fill in approx return if placed. Can't excel calculate it.?

[@me4374]

Thank you, excellent video When placing ur back bets do they all need to be at bookmakers paying out on the same number of extra places? Keep up the great work

[@ProfitPineapple]

When doing this they will all need to cover the same amount of places, if certian bookies cover more places than all the others this is a bonus but each of the bookies need to pay out on at least the same number (e.g. 1 bookie cant pay out 3 places and the rest pay out on 4).

[@indesdeleon7828]

This was great, been searching for "popular horse racing bets" for a while now, and I think this has helped. Have you ever come across - Senameron Sanyatt Approach - (Have a quick look on google cant remember the place now ) ? Ive heard some unbelievable things about it and my co-worker got amazing results with it.

[@pantelisioannou5673]

There is another chap called Caan Berry... might want to look him up

[@CEJDOTAza88]

Hi Liam. Your videos are good, I wanted to highlight something. You say you need to use Extra Places but that isn't 100% true. There are other races that allow you to dutch them paying standard places. Makes it easier for those who aren't multi-accounting.

[@ProfitPineapple]

Thanks mark appreciate it.👍 That’s interesting I’ve never come across that myself. I didn’t think that would have been possible with the bookies overground’s being what they are, but that would 100% make things much easier that’s for sure!

[@AverageJoseph90]

Great video. Just liked and subscribed. What about races where on bookie is paying 5 places but others are paying 4?

[@ProfitPineapple]

Cheers Joseph, much appreciated mate 👍 I’m not 100% sure on this one, I suspect there will be a way of doing this though. This isn’t my preferred style of extra places so the races I have used this on each of the bookies paid out on the same amount of EP’s

[@IfItAintBrokeStillFixIt]

Thanks for the video. What's your views on value betting ? I've been been doing it for about 2 months now, always seem to be 10-20% down, have yet to get in the profit.

[@ProfitPineapple]

Cheers appreciate it👍 I haven’t done any value betting myself but it is without doubt a profitable strategy. I would imagine that it’s all about staying strong and trusting the maths long term especially when going though negative spells of variance as with your current situation.

[@michaeleast1949]

excellent video. i am looking for an excel spreadsheet for dutching just the place market. is this available on Odds Monkey? also how do you assess which race to try and dutch before inputting all the price info?

[@ProfitPineapple]

Hi Michael, OddsMonkey provides some pretty good E/W sheets. In terms of race selection you would generally be looking for most bookies to pay out 1/4 odds on the place, however, there are some exceptions to that rule at big meetings. Another good way of determining whether a race will be profitable is by refreshing the EP matcher on OddsMonkey various time throughout the day. If when doing this you see different horses jumping to the top of the EP matcher highlighted in green, this can be a good indicator that the race would be profitable to dutch.

[@chimpion10]

I maybe late to the conversation here but... It wasn't clear to me wether you bet on several meetings/races and chose the top 4 to back or did you choose the too 4 in one race with several bookmakers?

[@levslabs]

good lad

[@patriciaknowles2726]

Shouldn't the each way pink column on the dutching spreadsheets be left blank to fill in your own stakes? All the videos i have seen they all seem to come pre filled with various different stakes. Sorry but i'm a bit confused by it. Any help would be greatly appreciated.

[@alanhaynes9672]

Someone else possibly mentioned it, but you forgot the BOG. Sharjah was 12's not 11's

[@PST101]

Thanks mate. This is brilliant. I knew about dutching but have never seen it mentioned in relation to this, I wonder why? A couple of things. Are bookmakers not going to know what you're up to when you're placing each way bets of odd amounts? I'm assuming they'd know which of their races are dutchable? How often are you doing this?

[@ProfitPineapple]

Cheers Eddie, appreciate it pal👍 Yes that would look a little bit suspect, because of this OddsMonkey have set up the spreadsheet to round the total stakes to the nearest £5 which keeps everything looking as natural as possible. This means that the actual place return may differ very slightly from the approx return if placed column. Cheers, Liam

[@chriskinnair7152]

@@ProfitPineapple how long before each race do you suggest placing these mate? I know you tend to get better odds closer to the race but i'd be nervous about the odds jumping around all over the place in between placing each bet.

[@ProfitPineapple]

@@chriskinnair7152 at larger meetings and festivals you should be fine getting on these hours beforehand mate as the interest is so high bookies will dish out some enticing odds. I normally check the EP matcher and if I’m seeing lots of high % matches in green each time I refresh, this is normally an indicator that there’s an opportunity to Dutch the field!

[@dansmith9406]

How do I know what to put into the approx return if placed box? You put 500 in every box but where did you get that number from? Can I just put any number in there to lower profits?

[@ikechukwu6780]

Hey Liam. Thank you soo much for this video I didn’t even know this sort of thing existed. Really appreciate this. Does this mean you can make profit this way one very horse race?

[@ProfitPineapple]

Not a problem, thanks for watching! Yep, there are lots of big money methods like this that are very much possible in Matched Betting which I will be revealing here on my youtube channel! It isn't possible to do this on every single race, but at big horse racing meetings and festivals where the interest is massive the chance to dutch the field arises.

[@ikechukwu6780]

@@ProfitPineapple Perfect, so would ditching apply to the 1.45 Ayr race today? I checked bet 365 and saw that it was E/W 1/4 1-2-3-4

[@ProfitPineapple]

@@ikechukwu6780 it’s unlikely that it will be possible to Dutch the whole field for a profit on lower quality races like this. Although it’s not impossible this is only generally profitable at big racing events

[@ikechukwu6780]

@@ProfitPineapple No worries. Thanks anyways. What if there are more than 10 horses in a race?

[@ikechukwu6780]

Hi Liam, what if a race has more or less horses than there are columns in the spreadsheet? How do we update it accordingly?

[@ProfitPineapple]

Hi there, good question. There is a further spreadsheet that you can download on OddsMonkey which will allow you to cover races with huge fields with up to 40 runners!

[@justicedibiagwu7896]

So what time before do you normally place the bets? Because from experience there might be non runners. And when there are non runners very close to the race how does this affect the overall bet?

[@ProfitPineapple]

Hi there, If there are non-runners there will be a rule 4 deduction with the bookmaker and a very similar reduction on the exchange. These two deductions between the bookie and the exchange will be very close to the same value. The number of horses running in the race for the bookies to continue to pay out on all their EPs differs from bookie to bookie. OddsMonkey have a guide on their website which displays these numbers

[@richardwiseman1898]

Hi Liam. How would it work if there is a non runner after you've placed the bets?

[@ProfitPineapple]

Hi Richard, If to many horses are pulled from the race the bookmakers can lower their place terms which would likely result in a qualifying loss and no profit. As a rule of thumb 7 horses are needed for 3 places, 12 horses for 4 places and 16 for 5 places.

[@helpmebuu9459]

what happens when a horse fails to start? as suddenly some of potential profits disappear - changing the potential loss/win values

[@MGSISCOOL75]

Great video man, gonna defo use this strategy as my betfair account has been suspended since the grand national due to gambling concerns lol

[@ProfitPineapple]

Not a problem, glad you enjoyed!

[@TheOutdoorsEnthusiasts]

Hi Liam, what would happen if a horse didn't start the race after you placed your bets? could that effect your profit? Thanks

[@ProfitPineapple]

Hi Max, If you get a non runner in your race the bookmaker will apply a rule 4 deduction along with the exchange applying a similar reduction. Most of the time these two reductions will even out (or more or less) leaving you with no win or loss on that runner. This shouldn't impact your overall potential profits too much and in some cases can help out slightly. OddsMonkey has a few guides on extra places which are very much worth reading over which will go into a little more detail on different factors similar to this. Cheers, Liam

[@michaeleast1949]

do you ever make use of the betfair exchange to back horses on their each way market?

[@ProfitPineapple]

Hi Michael, You can do this but the problem is that you will be very limited by the amount of liquidity available as it isn’t a very popular market on the exchange

[@stickii2131]

Brilliant bro. Thanks for the easy to listen explanation! Do bookmakers notice this kind of activity?

[@ProfitPineapple]

Thank you, much appreciated👍 Yes eventually they do figure it out and limit the stakes that you are permitted to use on your account

[@stickii2131]

@@ProfitPineapple Thanks for the reply. For this strategy how far in advance do you place these bets? Half a day for example?

[@ProfitPineapple]

@@stickii2131 Generally i look to do this strategy around an hour or so before the race starts

[@stickii2131]

@@ProfitPineapple thank you for getting back to be mate 👍🏾 great channel!

[@ProfitPineapple]

@@stickii2131 thanks mate much appreciated 👍

[@arsenalmanic]

Do those extra place offers still remain in an event of non-runners close to the off? or are the places reduced to 3 places? (for example). Also If there short odds is a non-runner, then there we will be huge reduction rule 4

[@ProfitPineapple]

This is something you need to look out for, with larger fields this generally isn’t an issue unless a huge number of horses drop out. OddsMonkey have a guide on their site which will go through how non runners generally effect your profits taking into account rule 4’s and extra place removals.

[@kyanverbeek8726]

Hi, Do you need to place exactly the same amount on approx return if placed or can you put 5 on 100 and 3 on 200 for example?

[@ProfitPineapple]

No you dont need to do the exact same amount on the approx return if placed box, you can change it your liking

[@kyanverbeek8726]

@@ProfitPineapple thank you for the quick response. I have another question, can you only use 2/3 bookmakers without any restrictions? And is it smart if you bet one races where the only pay out the first 3 horses who finish (do you put a 3 in the place teams collom?).

[@kyanverbeek8726]

@@ProfitPineapple i can only find races who pay out the first 3 riders and not the first 4

[@dannybragg4679]

Do u know if placing these big E/W stakes is a gubbing risk compared to smaller stakes like 10 E/Ws?

[@ProfitPineapple]

Hi Danny, I would say that the chance of a gubbing will increase slightly should you decide to use larger e/w back stakes. I get around this by sprinkling in some mug bets each week using stakes in relation to the stakes I use for offers etc.

[@garyhendrie4001]

Would this work on the high street, most of my accounts are banned.

[@smurfit71]

Hi Liam, great video. How long before the race do you tend to place these bets and I assume you need to check to see if you got a BOG on any of your selections as that will increase your final profit?

[@ProfitPineapple]

Hi there, appreciate it thanks! At big events you will be able to do this a few hours before post time. I usually check the EP matcher and see if there are lots of matches highlighted in green, if so this usually indicates there is an decent chance to Dutch the field! And yeah that’s right, check for any BOG’s as this usually increases your profit which is always nice!

[@johnledi]

sometimes bookies offer up to 6 or even 7 places now has you have said you don't want to put the full field on with those bookmakers so how do you split the horses in to different bookie some who might only offering 5 places, do you just do this has normal but instead of putting 4 or 5 places in the place column you put either 6 or 7.

[@ProfitPineapple]

Hi John, The more places offered by various different bookmakers the better for dutching when matched betting. This spreadsheet isn’t great for selecting certain horses having more places paid out on them than other horses depending on the bookmakers in question. I plan to make a more in-depth video on all aspects of dutching in the near future which will dive into this question along with other similar ones I have been asked

[@kinkladze78]

Nice vid Liam 😎 how many times have you done this at previous Cheltenham festivals? 🧐

[@ProfitPineapple]

Thanks! I've not used this strategy super often, for me personally I opt to target the EP and arb the place market in most cases. But this can and does work in certain races, so if you have the time and the accounts its well worth doing and will provide you with a good ROI

[@kinkladze78]

@@ProfitPineapple Cheers Liam 👍 I'm gonna start getting on EPs and arbing the place market in prep for Cheltenham 🤞wish me luck lol 😂

[@alandimery3379]

Hello, great video. I have tried this out with many different races, all with 4 or 5 place winners and I cannot get any of them to show a profit. Even the maximum profit is sometimes in the negative. I am wondering what I am doing wrong. I cannot find the odds as you have and so I have added '1' to these for the stake. (So 5/2 = 3.5) What percentage of the big races will usually shoe a profit please?

[@ProfitPineapple]

Hi Alan, This is only profitable on really big races such as what you would find at big horse racing festivals. Not ideal, but it’s worth the wait as the profits are huge! The best way to tell if there’s a chance a race may be profitable to Dutch is to continue refreshing the extra place matcher throughout the day of the race. If each time you refresh your seeing lots of different horses, all with really high matches continually popping up in green at the top of the EP matcher, this is generally an indicator I look for that tells me that I will be able to cover the whole field for a profit! Cheers, Liam

[@alandimery3379]

@@ProfitPineapple Oh I see, thanks. I sort of understand what the extra place matcher is. I do not own Odds Monkey (yet). I need to be convinced it would be worth it first. I recreated the spreadsheet from what you showed me on the video. I am very good with spreadsheets.

[@pantelisioannou5673]

If you download the programs there is no internal files that trigger off the bookmakers warnings?

[@ProfitPineapple]

Hi there, No the spreadsheet is completely safe to download from OddsMonkey :)

[@jamestang3295]

What is Extra places?

[@amxor1608]

Nice video. Just finished the welcome offers so looking at how I can make my next chunk of cash. Being new, I still have most of my accounts. Is this likely to get me gubbed?

[@ProfitPineapple]

Thank you, appreciate it! How did you find the process of completing the welcome offers? As your accounts are all brand new you will have lots of potential to squeeze lots of profits out of them! Eventually you will start to get gubbed on some accounts but that’s just part of the parcel with Matched Betting and by that point you will have smashed in some big profits!

[@amxor1608]

@@ProfitPineapple mostly it's been smooth sailing. But the accas and multistage offers sucked 😂

[@ProfitPineapple]

@@amxor1608 haha I can imagine! You can now DIY lay your accas really quickly using Smarkets which speeds things up so much. I’ve got a video on that if you ever need to check it out!

[@amxor1608]

@@ProfitPineapple I saw it. Helped me out a lot as laying sequentially was inconvenient!

[@ProfitPineapple]

@@amxor1608 I couldn’t agree more. The sequential lay is the most tedious task in all of Matched Betting!

[@craigdocherty5990]

on a lot of the big races, say Cheltenham you'll have different bookmakers offering different places, you might have some offering 5, 6 or even 7 places. On your example, all of the bookmakers paid out on 4 places - can the spreadsheet deal with this situation?

[@ProfitPineapple]

There is a much more sophisticated sheet available for download on OddsMonkey for these kind of situations mate, I would check that out

[@michaelbelay1]

Investing in 3000 to get 285, you have good bankroll mate 🙂.

[@ProfitPineapple]

Yes, I do have a larger bank for my Matched Betting. Ideally, the profit would have been more towards the larger end but that's just how it goes sometimes. Just under a 10% ROI is still very impressive for the very little time and effort it took to dutch the field.

[@mickgolden5987]

How likely is it to find a race would there be one every Saturday say?

[@eachwaydutchinghorseraces5363]

You need a bot that automatically parses each race on the day, several times and hour and then alerts out those that are +EV. There are viable races most days (not just big festivals - though they are the best both for number of races to EW Dutch and to hide what you are doing from the bookies by the sheer volume of bets). I have written such a bot and it's been finding +EV races for over 5 years!

[@howardlake6178]

Sheer brilliance 😀

[@ProfitPineapple]

Thanks Howard!

[@salopian4037]

I don't see this working in the vast majority of cases. You say it will only generally work at bigger meetings. If so, what is the determining factor at those meetings? Surely it can only be the SPs and the number of runners, therefore should it not be possible to look for the optimum number of runners, together with the 'right' sort of odds, at any meeting? What would you say would be the best number of runners and range of odds to give a guaranteed profit?

[@ProfitPineapple]

Yes you are right, not every race is going to result in a guaranteed profit from dutching the bookie’s e/w places, there will generally be a few opportunities each year to lock in a guaranteed profit however its still possible to dutch the field with extra places and take positive expected value, I’m planning on making a video in the near future which goes into the best races possible for dutching which will dive into everything from the amount of runners to how many places the bookmaker is paying out on and how that relates to the amount of profit and EV on offer

[@BigGeeMan]

Youve to place four or five each way bets with 4/5 different bookies?? Bit confused at this...

[@ProfitPineapple]

With this, your looking to target an overbroke place market, some bookmakers may be offering better prices over others so using them bookies in them instances would be favourable for the dutch

[@danielmurren4794]

You didn’t explain how you are finding the best odds for each horse at different bookmakers

[@ProfitPineapple]

Best way I’ve found to do this is by using the extra place matcher Daniel 😃

[@amberphipps6130]

Hi, I have a few questions, can I pm you? Thanks

[@ProfitPineapple]

Hi Amber, not a problem! Drop me an email and il help you out. [e-mail] Cheers, Liam

[@footistarzz2]

I am slightly confused, the spreadsheet is 4 extra places but the place terms are 1/5 are these different things?

[@ProfitPineapple]

Yeah these are different things. The bookie is paying out 4 extra places and they are paying on 1/5 of the back odds on those EPs

[@footistarzz2]

@@ProfitPineapple ok thank you, can you still place each way stakes on gubbed accounts? I would presume so but just in case

[@ProfitPineapple]

@@footistarzz2 yes you can. A lot of the time there will be stake restrictions placed on gubbed accounts but if they allow you to get on a large enough stake your good to go :)

[@adams768]

For extra places, do I bet on every single horse or just horses which have low qualifying losses?

[@ProfitPineapple]

This depends on the strategy you are going with. The dutching EPs strategy covered in this video relies on backing all the horses e/w for a guaranteed profit. With standard EP’s you would want to be getting around 1or2 per race for the smallest QL when possible

[@adams768]

@@ProfitPineapple thanks and how much would I need to Dutch one or two horses? Hundreds or?

[@ProfitPineapple]

@@adams768 you can use whatever stakes you feel comfortable with, the more you invest into it the more profit will be a available of course

[@bailey6143]

Hey mate just found your video and got the spreadsheet. Just had a couple questions: in Australia the max amount of places on a race is 3 so will this still work if u place 3 in the place column? And 2 with the archway stake do u just split it in half, eg if stake is 200$ do u put 100$ on win and 100$ on place. And I think the place is less then a quarter then the win odds or am i confused. Thanks for the video mate keep it up ❤️❤️

[@bailey6143]

Okay never mind about the third but

[@ProfitPineapple]

Hi mate, Ive got a video which is coming out very soon which will explain in much more depth exactly how you can deal with situations like this and how you can change the places paid on different horses with different bookies etc Thanks for watching mate, much appreciated

[@bailey6143]

@@ProfitPineapple my guy

[@tonyesivwose172]

What happens if the odds change half way through placing your bets?

[@ProfitPineapple]

Good question Tony, if the odds change just change them on your spreadsheet. This shouldn’t happen very often in big markets where this strategy is applicable especially hours before the post time

[@tonyesivwose172]

@@ProfitPineapple but won't it affect the bets you've already made? Recalculate need larger stake, or no longer profitable etc Also how does BOG affect it?

[@ProfitPineapple]

@@tonyesivwose172 it shouldn’t effect your overall position a great deal, your lowest potential profit may rise of fall slightly if any of the odds selections change slightly. BOG will be applied if your selection wins or places and the odds that the horse started the race at where higher than the odds that you initially backed at. You can just add this onto your spreadsheet in the actual return boxes and you will gain more profit!

[@adams768]

What big horse racing events are coming up soon?

[@ProfitPineapple]

The next big racing event is Glorious Gloodwood starting on July 27th

[@adams768]

@@ProfitPineapple ok thanks 😊

[@blasefernandes5616]

Mate I am confused why is it 4 places spreadsheet and you put 5?

[@ProfitPineapple]

Hi mate, It’s the place pay out terms which are input as 5 which represents 1/5 odds

[@blasefernandes5616]

@@ProfitPineapple so basically it doesn't matter if I use the 4 place sheet or 5 place sheet as long as I change the place term in there

[@ProfitPineapple]

@@blasefernandes5616 I would recommend using the correct sheet for the amount of EPs being paid. I’m not exactly sure what difference it would make off the top of my head but I’m sure there will be a reason for the 2 separate sheets that OddsMonkey have

[@JonJon-rj6xo]

anyone used a vpn to get a Pinnacle account?

[@board.games8]

Subscribed and liked still confused

[@lassehvidjrgensen7441]

I dont understand. Let's say there is 7 horces in a race. do you bet on every single one of them? and do you bet them to win?`

[@lassehvidjrgensen7441]

Or to get certain position

[@ProfitPineapple]

You back each of the runners e/w with the bookmakers, its the place market that we are looking to dutch as the win market is extremely difficult to dutch with bookies due to the margin they apply on their odds.

[@lassehvidjrgensen7441]

@@ProfitPineapple Can I do it just with one bookmaker? I use a bookmaker where I can either play for the position 1, 2 or 3 or I can bet on one specific horse to get first place (or first or second) - I hope that makes just a little sense. So in that way, is there a way to do it? please explain more I am really interested thanks in advance

[@queerfusion]

Does oddsmonkey work for Australians?

[@andrewtucker6325]

Hi liam I switched from profit accumulator to odds monkey through ur link at upgrade my account unfortunately I can't seem to find the spreadsheets on there is this method still available

[@ProfitPineapple]

Much appreciated Andrew, OM’s dutching sheets are available under tools-spreadsheets-dutching