Experts Reveal the Basics to Match Betting

However, as with anything in life, there is always the possibility of human error. Mistakes will hit your matched betting profits and see you waste those all-important bookmaker promotions. We’ve put together this list of matched betting tips to help you avoid any costly errors. Whether you are just starting out or a seasoned pro, following these simple steps will boost your profits significantly. As a matched bettor, you will be in profit in the long term – and bookmakers don’t like winners. That’s why any matched bettor worth their salt will be restricted by a bookmaker at some point.

On the surface, these tools may offer significant benefits to matched betters. Especially for those that bet often, looking for regular gains. As with anything in this sphere though, the true results and benefits can only be truly determined over time. As the payout for these bets can be huge, just being able to avoid low quality offers more effectively can add real value to your profits.

Whilst matched betting may seem challenging at first, you’ll soon get the hang of it. Especially with help from specialist matched betting sites. However, individuals who learn more advanced techniques, dedicate more time and use services such as OddsMonkey can earn upwards of £1000 a month. One of the best ways to maximise your profit with matched betting is by using some of the brilliant tools available. Matched betting is a way of making a guaranteed profit by taking advantage of bookmakers free bets and promotions.

If you’re looking for reload offers, check out the promotions tab of the bookmakers website. Most online bookies display their sign up offers directly on the homepage making your job incredibly easy. Here’s a great example from Betdaq, one of the leading betting exchanges.

We place one bet at a bookie and one bet at a betting exchange. The last thing you want is an unmatched or partially matched bet. These leave your matched bets in a precarious position and can sometimes lead to unnecessary, costly mistakes. I’m placing a £20 qualifying bet on Chelsea vs Tottenham.

Any basic account with a high street bank is best for Matched Betting and most can be opened very easily online. You have access to an amazing support team available 7 days a week! You can get in touch if you have any questions or need help with anything. Matched betting seems scary and difficult at first, but it really, really isn’t.

Tip #2 – Get expert matched betting help

Matched betting doesn’t require you to gamble – make sure you stick to the back-and-lay technique. For many newbies, you can get carried away with the number of potential wins and start making more wagers without strategies. The first step is to find a free bet or offer to take advantage of. Good news, you don’t need to know anything about sports or even how to place a bet. As I mentioned, we like to be quick, efficient and to maximise our profits.

Does matched betting still work in 2024? Or is matched betting dead?

Deposit £5, and click on the ‘1.67‘ button underneath ‘Brighton‘, enter your stake of £5 and click ‘Place Bet‘. In this example, the https://officialpinup.com/ odds are 1.67 for Brighton to beat Sheffield United at Coral, which is your back bet. You can make at least £15 profit from it regardless of the outcome.

• Sticking to both criteria means you can claim your free bet by losing just a few pence overall.
• The beauty of this whole concept is that it is risk-free.
• Even with commission factored in, exchanges return more profit on your bets almost all of the time.
• You’ll find on occasion one exchange may have slightly better lay odds than others.
• They’re all making money each day, learning, teaching and sharing.

No, matched betting is not a ‘get rich quick scheme’ and you’re not going to become wealthy using this strategy. OddsMonkey developed the original matched betting software that is widely used in the industry today. Since then they’ve expanded their matched betting service significantly.

PA seemed a whole lot more genuine when I first came across it, compared to other matched betting and money making websites. I’ve been into matched betting (MB) for several years now, so when I saw the Facebook ad for this I was pretty intrigued. Profit Accumulator (PA) claims they will teach people the concept of matched betting which will allow them to earn up to £2,000 a month.

You can begin with these offers with around £50 to start with. The early offers are very profitable so your initial £50 will soon be close to £300 in a matter of days if you stick with it. Each offer has written instructions and a video tutorial to guide you along the way. There’s a list that picks out horse races and football matches for you to bet on, and a calculator that tells you exactly how much you need to bet.

Have your KYC documents ready

All of which is important in the life of a matched bettor. The serious matched bettors, who earn significantly more than the part-timers, work hard at finding new and exciting promotions to take advantage of. If you’re looking to gamble your money in the aim of winning big, matched betting is not for you. It can be anything from a stake restriction to a complete account ban.

Whilst it’s fine to start a few basic reload offers, you should prioritise completing all of the signup offers. A separate bank account will make it much easier for you to track your deposits and withdrawals. Plus, it will help you grow your bankroll and avoid spending your profits too soon. Bonus bets, also known as insurance bets, or ‘no sweat bets’, are almost always available during regular seasons, sometimes even in the postseason. If you don’t know where to start, I advise you to look into BetMGM, FanDuel, Caesars Sportsbook, DraftKings, bet365, and one of the newest sportsbooks, Fanatics. The calculator also tells us that our liability will be £25.89.