When it comes to OddsMonkey’s strategies throughout betting, we come up with the best tools and guides to help players make the most of their bets and stakes. However, Mug betting is effectively the opposite of what OddsMonkey promotes, which is betting without any type of strategy. Here, we will look at what mug betting entails and why it can be useful. We will also provide different tips to make sure players are making the most of their accounts through mug betting.
What Does Mug Betting Mean?
When you hear the word mug, you may think about what you drink a cup of tea or coffee from. However, this word is actually used with negative connotations. A mug is used to describe someone who has been taken advantage of for being foolish or careless. When correlated to betting, this is someone who is betting without a strategy and effectively placing ‘punts’ instead of bets. For example, this might be backing your favourite team to win every week or betting on a horse as you like the colour of the jockey’s clothes. For tips when it comes to football or horse race betting, check out our separate football betting guide and our horse racing betting guide. Reading these guides would mean you are not mug betting!
How Can You Use Mug Betting To Your Advantage?
Now, it may seem that there are no advantages to placing any mug bets; however, in matched betting, these types of bets are quite essential for different betting accounts. Lots of matched betting techniques are used throughout different promotional offers and value bets. However, bookmakers track accounts and what activity they are taking part in, meaning if you are only taking part in promotional offers and value bets, your account will most likely become restricted, which is known as gubbed. This means players would struggle to take part in any matched betting techniques, and their accounts would not be useful anymore. If one of your accounts has been gubbed, check out our tips and tricks guide on gubbed accounts.
This is why mug betting is essential to the health of an account as placing mug bets can help you stay under the radar from being gubbed or even banned. Placing bets on odds that are not the best or on bets that include no promotions or offers is a good way to ensure your account stays open and healthy, which you can then use for matched betting techniques.
Mug Betting Tips
Mug betting is not just placing random bets and losing money; it can be done in a strategic way to establish yourself in your account whilst taking some losses and setting yourself up to create some matched betting opportunities. One of the most important parts of mug betting is placing these bets at the beginning of your account lifespan; this is when most of the focus and attention is placed onto your activity from the bookmaker, meaning making a good first impression with the bookmaker as a regular customer can enhance your chances of having a longer life span at the bookmaker. This does not guarantee you won’t get gubbed in the long run, but it creates a strong start that bookmakers will not be suspicious of. If you are unsure of what a bookmaker is, check out our bookmaker guide!
If you are not sure of how to blend in, there are plenty of habits that punters use that you can use, too. For example, you can choose a favourite team that you back frequently, such as a football team. Mixing up your spending is also a good tip as if you also use the bookmaker’s casino, they will value you more as a customer and will want to keep you around.
Bookmakers know exactly when they are using the best and worst odds, so if you are a customer who is consistently using the best odds, they will notice this activity. Sometimes, it is a good idea to place a mug bet on lesser odds to help your account blend in with other accounts.
How Does Mug Betting Link To Matched Betting?
If you want to make the most of matched betting techniques, it is best to keep your accounts untouched by the bookmakers, meaning they are not closed or restricted in any way, as this will stop you from taking part in any promotional offers.
Placing mug bets makes sure that accounts do not get gubbed, and we are able to carry on using matched betting techniques to secure a profit and make the most of offers.
OddsMonkey has a wide range of tools and calculators for bettors to use, such as our matched betting calculator and our accumulator calculator.
