10 Ways To Organize Your Matched Betting

Organised screen

Matched betting can be a great way to make some extra money, but it can also be a bit of a mess if you're not careful. Here are 10 ways to organize your matched betting so that everything is easy to find and you don't miss any opportunities. But before that, let us look into details related to matched betting.

 

What is Matched Betting?

Matched betting is a technique that offers a risk-free way to profit from bookmaker bonuses and promotions. By placing both back and lay bets on the same event, you can guarantee a profit no matter the outcome.

working on laptop

Matched betting is not gambling. Unlike gambling, which relies on chance, matched betting takes advantage of bookmaker offers to ensure a guaranteed profit.

To get started with matched betting, you must open an account with a bookmaker and place a bet. Once the bet has been settled, you must place a corresponding lay bet on a betting exchange.

By doing this, you are effectively match-funding your original bet, meaning you will win no matter the event's outcome.

It is important to note that matched betting is not entirely risk-free. There is always a small chance that you may lose money if the odds move against you or if you make a mistake when placing your bets.

However, as long as you follow the instructions carefully and research, matched betting can be an extremely profitable way to make money from home.

 

How Matched Betting Works

Matched betting is a technique that allows you to take advantage of bookmakers' free bets and promotions. You can guarantee a profit by placing two bets, one on an event and the other on it not happening.

Football

The first step is to find a bookmaker's offer. These are usually for new customers, but existing customers can often take advantage of reload offers. You then place your first bet with the bookmaker, using their free bet or bonus.

For example, let's say you find an offer from Betfair that gives you a £20 free bet when you reload your account. You use this to bet on a horse at odds of 3/1. If the horse wins, you'll get your winnings as normal, plus the £20 free bet. You'll only lose the original £20 you deposited if it loses.

The second step is to find an opposing bet with a different bookmaker. This is known as "laying" a bet. You're essentially betting that the horse won't win. In our example, we would need to find odds of 3/1 or higher for the horse not to win.

If the horse does win, you'll lose your £20 stake but will be refunded the £20 free bet by Betfair. If it doesn't win, you'll make a profit equal to the difference in odds between the two bookmakers.

The third and final step is to repeat the process. With each successful bet, you'll make a small profit. Over time, this can add up to a significant amount of money.

It's important to remember that matched betting is not gambling. You're essentially cancelling your losses by using the bookmaker's free bets. You're guaranteed to make a profit if you follow the steps correctly.

 

How does Matched Betting work?

Matched betting boils down to integrating clever wagering methods with promotions to enhance your chances of leaving without a loss. We provide promotions that are used to promote and attract new clients and old customers.

Jumping for joy

If your customers have hoped for a successful outcome, it is largely down to luck that your odds don't favor you. In comparison, match betting allows for the calculation of expected returns no matter what the outcome is.

For example, let's say that you're an avid sports fan and you want to place a bet on your favorite team. The problem is that you don't know how to calculate the odds. You could go to a bookmaker and ask for help, but they will most likely give you odds that favor the bookmaker. This is where matched betting comes in.

Matched betting allows you to calculate your bet's expected value, no matter the outcome. This means you can place a bet confidently, knowing you have a higher chance of winning.

To use matched betting, you first need to find a promotion. Bookmakers offer promotions to attract new customers and keep existing customers happy. Once you have found a promotion, you need to calculate the expected value of your bet. This is done by using a matched betting calculator.

Football team

Once you have calculated the expected value of your bet, you need to place a bet with a bookmaker. This is where you will use the promotion to your advantage. For example, if the bookmaker is offering a free bet, you will use this to place a bet on the other team.

If the team you bet on wins, you will receive your winnings from the bookmaker. If the team you bet on loses, you will get your money back from the promotion. This means that you can place a bet without the risk of losing money.

Matched betting is a great way to make money from sports betting. It is a safe and easy way to make money without worrying about the game's outcome.

All you need to do is find promotion and use a matched betting calculator to calculate the expected value of your bet. Then, place a bet and enjoy the profits.

 

Let's get to work!

Now that we know the basics of matched betting, it's time to look into the 10 ways to organize your matched betting and make our first bet. Here's what we need to do:

Step 1 – Get two betting exchange accounts

To take advantage of arbitrage opportunities, you will need to have accounts with two different betting exchanges. This is because the odds offered on each exchange can vary significantly, and you want to be able to place bets on the exchange offering the most favorable odds.

Betfair exchange

Several betting exchanges are available, but the two most popular ones are Betfair and Smarkets. These exchanges offer good odds and liquidity, making them a good choice for arbitrage trading.

Once you have opened your account with a betting exchange, you will need to deposit some funds into it. The amount of money you need to deposit will depend on the size of the bets you want to place.

However, it is important to remember that you will not always be able to withdraw your winnings immediately, so it is advisable to keep a bit of extra money in your account to cover any withdrawals you might need to make.

 

Step 2 – Finding the free bets

The second step to getting the best value out of your sports betting is finding available free bets. Free bets are a great way to get started with sports betting, as they allow you to place a bet without risking any of your own money.

It can be time consuming to find free bets. This is where Profit Accumulator comes in. They provide you with all the available free bets and bonuses that are out there saving you a lot of time and hassle. Try it today for free:

Another way to find free bets is to visit a bookmaker's website and look for their "Promotions" or "Offers" page. This is where bookmakers advertise their current promotions, which may include free bets.

It is also worth signing up for the mailing lists of your favorite bookmakers. They will often send out emails containing details of exclusive offers and promotions, which may include free bets.

Once you have found a free bet you want to take advantage of, the next step is to read the associated terms and conditions. This is important as it will tell you how to claim the free bet and what you need to do to make sure that you qualify for it.

One common condition of free bets is that they must be wagered within a certain time.

For example, some free bets are only valid for 7 days after they are credited to your account. This means you must make sure you place your bet within this time, or you will forfeit the free bet.

Another common condition is that free bets can only be used on certain markets. For example, some free bets can only be used in football matches, while others can only be used in horse racing.

Make sure that you check the terms and conditions to see which markets you can use your free bet on.

Finally, it is also worth noting that some free bets come with wagering requirements. This means you must place a certain amount of money in bets before withdrawing any winnings you make from your free bet.

Again, it is important to check the terms and conditions to see if there are any wagering requirements associated with the free bet that you are interested in.

Once you have found a free bet that you want to take advantage of and have read and understood its terms and conditions, the next step is to place your bet.

 

Step 3 – Checking Terms and Conditions

Now that you know the offer, it's time to check out the terms and conditions (T&Cs). This will help you understand what to do to qualify for the bonus and any wagering requirements that may be attached.

Terms of service

Most offers require you to place a qualifying bet to trigger the bonus. For example, you may need to bet £10 to receive £30 in free bets. Once you have placed your qualifying bet, the free bets will be credited to your account.

It's important to note that some offers will require you to wager your deposit before withdrawing the bonus. For example, you may be required to place the original amount on a free bet before you can withdraw it.

Once you've read through the T&Cs, you should understand what the offer entails and whether it's something you're interested in pursuing.

Step 3.1 – Avoid spam

When signing up for betting sites, using a separate email account from your primary one is important. This way, you can avoid having your inbox filled with spam from various betting sites.

No junk mail

Additionally, joining multiple betting sites is generally not a good idea. By using a separate email account, you can keep track of which site is sending you what offers and promotions.

Step 3.2 – Complete sign up & record the offer

Once you have found a betting site you would like to join, the next step is completing the sign-up process. This usually involves providing personal information such as your name, address, and date of birth.

Laptop

You will also need to create a username and password. Once you have completed the sign-up process, you must record the offer you signed up for. This way, you can track the bonus you are eligible for and ensure that you meet the requirements to claim it.

By following these steps, you can avoid having your inbox filled with spam and ensure that you can take advantage of all the offers from betting sites.

Additionally, by recording the offers you sign up for, you can keep track of the eligible bonuses and ensure that you meet the requirements to claim them.

Betting sites often have promotions and offers that can benefit players. However, it is important to know the terms and conditions of these offers.

Additionally, players should always use a separate email account when signing up for betting sites and only join one or two sites to avoid having their inboxes filled with spam.

Finally, by recording the offers they sign up for, players can keep track of the bonuses they are eligible for and ensure that they meet the requirements to claim them.

 

Step 4 – Calculate your bets & place them

Now that you know the basics of matched betting, it's time to put it into practice.

Matched betting calculator example

The simplest way of calculating your bets is to use a matched betting calculator.

Here is a free one you can use: Free Matched Betting Calculator

Example: Sky are offering a free £5 bet when you place a £5 bet on football.

We have found a suitable match and enter the following into the calculator.

  • Back bet is £5 (The bet that we need to place in order to qualify for the free bet)

  • Back odds 1.61 (This is what odds the bookmaker is offering for our selection)

  • Lay odds 1.65 (This is what odds the exchange is offering for our selection)

  • Lay commission 2% (This is what the exchange charges to place the bet)

Click CALCULATE

The calculator will then tell you the LAY BET amount that you need to place on the exchange.

If you follow these steps then regardless of the outcome you will lose £0.16 but gain a £5 free bet.

Repeat the process with your £5 free bet. After you’ve done this you would have earned around £4 profit!

Now that you know how much to bet, it's time to place your bets! Good luck.

 

Step 5 – Double check everything and place those bets

The fifth step is to double-check everything and place your bets. Ensure you have all the information you need and understand the bet completely. Once you are confident, go ahead and place your bets.

Football stadium

Now all that is left to do is sit back and watch the game. Hopefully, your team comes out on top, and you win some money! But even if they don't, you know you will make money on the free bet.

 

Step 6 – Find and place your qualifying bet

Now that your Betfair account is set up and funded, it's time to place your qualifying bet. This bet will unlock your free bet, so it's important to get it right!

Working on a laptop

There are a few things to keep in mind when placing your qualifying bet:

- The minimum odds for your qualifying bet are usually 1.50 (1/2) or 1.60 (4/5), but this can vary from bookmaker to bookmaker. Check the terms and conditions of your chosen bookmaker to be sure.

- Your qualifying bet must be placed on a selection with single (not multiple) odds. You can't use betting systems like Lucky 15s or Yankee bets.

- You must place your qualifying bet within a certain time after opening your account. This is usually 14 days, but it can vary depending on the bookmaker.

Once you've found a selection that meets all the criteria for your qualifying bet, simply place your bet and wait for the result. Once the game is over you'll be able to withdraw your winnings and move to the next step.

 

Step 7 – Claim your free bet

If you placed a £10 qualifying bet with William Hill, you would now have a £30 free bet waiting for you! To claim it, simply follow the steps below.

Bookmakers

First, log in to your William Hill account and go to the 'My Account page.

Next, click the 'Offers' tab and select the 'Claim Now' button for the £30 free bet offer.

Your free bet will then be credited to your account and can be used on any sports market of your choice! So what are you waiting for? Get started today and take advantage of this great offer!

 

Step 8 – Find & place a new bet

Now that you have your £30 free bet, it's time to place a new bet.

Matched betting calculator free bet

Once again, log in to your Betfair account and find an event with odds of 5 or more. Then click on the 'exchange' tab and find the market you want to bet on.

Click on the odds of the selection you want to back on the bookmaker site and enter £30 in the 'back' section. Remember to check you are using your free bet!

Then, in the 'lay' section, on the exchange enter £23.17 – this is how much you need to lay to lock in a profit regardless of what happens in the event.

Remember, your liability is how much money you could lose from the exchange account if your selection loses. In this case, it would be £97.31 (the amount you've entered in the 'lay' section). Don’t worry you won’t lose this amount as the bookmaker will pay you the winnings!

Suppose you don't have enough money in your Betfair account to cover your liability. In that case, you can deposit more or find a selection with lower odds.

Once you're happy with your bet, click on 'Place Bets', and your £30 back bet and £23.17 lay bet will be placed.

You can now sit back and wait for the event to take place. Regardless of the outcome your overall position will be £22.69 in profit!

 

Step 9 – Withdraw the profit

Now that the match has finished and you have made a profit, it's time to withdraw the money!

Cash machine

To do this, go to the "My Account" section of your chosen bookmaker's website and select "withdraw." Enter the amount of money you wish to take out (which in this case is your profit of £22.69) and choose your preferred withdrawal method.

The money will then be transferred to your chosen account within a few days. And that's it! You have now completed the matched betting process and made a risk-free profit! Congratulations!

There you have it – nine simple steps to matched betting greatness! With a little practice, you'll be able to complete the whole process in less than 10 minutes and make a risk-free profit every time!

If you found this guide helpful, please share it with your friends and family so they can also start matched betting!

 

Step 10 – Track your bets

It's important to track your bets to see how well you're doing. You can use a spreadsheet or journal to keep track of your progress.

Spreadsheet laptop

When you're tracking your bets, be sure to include the following information:

- The amount you bet.

- The type of bet.

- The place you placed your bet.

- The profit or loss from the bet.

You can identify patterns and trends in your betting behavior by tracking your bets. This information can improve your betting strategy and make more informed decisions about where to place your bets.

 

Why Should I Trust This Guide?

There are a few reasons why you should trust this guide. First, it is written by an expert in the field who has years of experience successfully matched betting. Second, the guide is based on legal methods that have been tested and proven to work.

Surr JP recently hit the £10,000 mark! Congratulations to him. Here is his testimonial:

Testimonial

Finally, the guide takes the time to explain things in detail so that you can avoid making any mistakes.

If you want to learn more about matched betting then the best thing to do is to sign up for the free trial:

 

Is Matched Betting Real?

Matched betting is a technique that allows you to profit from the free bets and promotions offered by bookmakers. It is a legal, risk-free way to make money from betting.

Colour laptop

The concept of matched betting is simple: you place a bet on an event and then place another bet with a different bookmaker (or use a betting exchange) on the same event to hedge your bets. This way, you are guaranteed to make a profit, no matter the event's outcome.

So, is matched betting real? Absolutely! Thousands of people are making a living from matched betting, and there is no reason why you can't be one of them.

If you're looking for a way to make extra money, then matched betting is worth considering. It's a great way to make a risk-free profit from the comfort of your home, and it doesn't require special skills or knowledge.

If you're still not convinced, why not try it for yourself? Plenty of free resources available online will show you how to get started. Once you've made your first profit, you'll be hooked!

 

The Ethics of Matched Betting

Matched betting is often seen as a grey area, and there are some ethical considerations to consider. However, we believe that matched betting is a legitimate way to make money, as long as you're aware of the risks and proceed with caution.

Ethics

The main ethical consideration with matched betting is that you essentially take advantage of free bets and bonuses bookmakers offer.

These offers are designed to entice new customers. While there's nothing wrong with taking advantage of them, you should be aware that you are essentially exploiting a marketing strategy.

Another consideration is that matched betting can lead to gambling addiction. This should be taken very seriously. If you feel like you might be at risk of addiction, you should seek professional help.

However, we believe that as long as you're aware of the risks and proceed with caution, matched betting is a perfectly ethical way to make money.

 

Matched Betting Offers

Matched betting offers are a great way to make money from home. You can bet on sports and events using a matched betting service without risking your own money.

Basketball

Matched betting is a form of gambling that allows you to place bets on both sides of an event, ensuring you always have a chance of winning. This means you can make money from the comfort of your own home without having to risk your own money.

There are many different matched betting services available, so it is important to shop around and find one that suits your needs. Make sure that you read the terms and conditions of each service before signing up, as some may require you to place a minimum number of bets before you can withdraw your winnings.

Once you have found a matched betting service that you are happy with, simply register and deposit some money into your account. You will then be able to place bets on various sports and events.

If you are new to matched betting, it is important to remember that you should never bet more than you can afford to lose. This way, you will not end up in debt if you don’t follow the steps correctly.

Matched betting is a great way to make money from home, and many different services are available to suit your needs. So why not give it a try today?

 

Types of Matched Betting Offers

Matched betting generally falls into three categories: sign-up bonuses, reload bonuses, and price boosts. Each category represents a different opportunity to make risk-free profits.

Sign-Up Bonuses

The most common type of matched betting offer is the sign-up bonus. Bookmakers offer these as an incentive for new customers to open an account with them.

New customer offer

To qualify for a sign-up bonus, you will usually have to deposit and place a bet of a certain value. The bookmaker will then match your bet with a free bet of their own, up to a certain amount. For example, if you deposit £50 and place a £50 bet, the bookmaker may give you a £50 free bet.

The key to making a profit from sign-up bonuses is to find ones where the bookmaker is offering a very generous bonus and then use a matched betting calculator to work out how much you need to bet and lay to extract the maximum possible profit.

Reload Bonuses

Another common type of matched betting offer is the reload bonus. Bookmakers offer these on an ongoing basis as an incentive for existing customers to keep betting with them.

Reload bonuses work similarly to sign-up bonuses in that you must deposit and place a bet of a certain value to qualify. The bookmaker will then match your bet with a free bet, up to a certain amount.

The key to making a profit from reload bonuses is to find ones where the bookmaker is offering a very generous bonus and then use a matched betting calculator to work out how much you need to bet and lay to extract the maximum possible profit.

Price Boosts

The third type of matched betting offer is the price boost. Bookmakers offer these on selected sporting events, most commonly applying to pre-match bets.

Price boost

With a price boost, the bookmaker will increase the odds on a particular market, making it more attractive for customers to bet. For example, if the odds of Manchester United winning their next match were 2/1 (3.00), a bookmaker might offer a price boost of 5/1 (6.00).

The key to making a profit from price boosts is to find ones where the bookmaker offers very generous odds and then use a matched betting calculator to work out how much you need to bet and lay to extract the maximum possible profit.

 

How much money can I make from this?

The answer to this question depends on several factors, including how much money you have to invest and how skilled you are at making predictions.

Happy man on a laptop

If you're just starting, you can expect to make around £2000 to £1500 per year. However, if you're a more experienced investor, you could make much more money than this - some top players aim for between £8,000 and £12,000 per year.

However, it's worth noting that these numbers have been decreasing in recent years due to bookmakers putting restrictions on free betting etc. Nevertheless, it is still possible to make good money from sports betting with the right skills and knowledge.

 

Okay – Tell me how it works!

The process may seem a little confusing if you're new to online bookmakers. Here's a quick guide on how it works:

Working

First, find an online bookmaker that you trust. Make sure they are licensed and have a good reputation.

Next, create an account with the bookmaker. This usually involves providing personal information and setting up a payment method.

Now you're ready to start betting! Simply choose the event or match you want to bet on and select your stake. Your stake is the amount of money you are willing to risk on the bet.

Once you've placed your bet, all you need to do is wait for the event. If your bet wins, you will receive your winnings from the bookmaker. These will be paid into your account, minus any taxes and fees.

And that's it! Betting with an online bookmaker is quick and easy. Just remember to gamble responsibly and never bet more than you can afford to lose. Good luck!

 

Free bet

Matched betting is a technique used to profit from bookmakers' free bets and incentives. It is generally considered risk-free as it involves placing bets on both sides of an event at different bookmakers.

Horse racing

Matched betting is not gambling as the outcome of the bet is known in advance, and the bet is placed accordingly.

The main aim of matched betting is to extract the maximum possible value from bookmakers' free bets and incentives. It is a technique that can be used to make guaranteed profits from the bonuses and promotions offered by bookmakers.

Matched betting is not for everyone and requires a time commitment. However, it can be a great way to make extra money if you are willing to do the work.

 

Lay bet

When you place a lay bet, you are essentially betting that something will not happen. For example, you might place a lay bet on a football team to lose. If the team loses, you win the bet. However, if the team wins, you lose the money you have staked.

Playing football

Lay betting can be a great way to make money, but it can also be risky. This is because you are essentially betting against the odds. If you are not careful, you could lose a lot of money.

You need to keep a few things in mind when lay betting. First, you must ensure that you are well informed about the team or individual you place your bet on. This means doing your research and making sure you know everything there is to know about them.

Secondly, you must make sure that you place your bet in advance. This is because the odds can change very quickly, and if you are not careful, you could place your bet too late and lose money.

Thirdly, you need to use a tool like the Unwanted Lay Calculator to help you calculate your bets. This will help you avoid making any mistakes that could cost you money.

Fourthly, you need to be patient. Lay betting can be a great way to make money, but it takes time and effort. You must be patient and wait for the right opportunity to place your bet.

Finally, you need to be prepared to lose money. Lay betting is risky, and you need to be prepared to lose money. If you are not prepared to lose money, then you should not be lay betting.

 

Is matched betting legal?

The simple answer is yes. Matched Betting is legal in the UK. Betting exchanges are also legal in the UK. They're a very popular way to bet, and there are plenty of them you can choose from.

Legal

They're legal because they don't actually take bets themselves. Instead, they act as a platform for people to place bets with each other. This means there's no risk for the exchange and no need for a gambling licence.

It's also worth noting that your winnings from betting on a betting exchange are completely tax-free. So if you have a winning streak, you'll get to keep your profits!

 

Be warned

Mistakes can cost you £100’s, it's risk-free but only if you fully understand how it works. If you're not confident by the end of this page please just walk away and avoid taking this risk.

Matched betting is a technique used to profit from bookmakers' free bets and incentives. It is generally considered risk-free as it involves placing bets on both outcomes of an event, hence guaranteeing a profit.

The betting method aims mainly at providing a chance to bet on a particular event in the bookmaker. The bettor has to find two bookmakers, one who offers attractive odds for the event to happen (back) and one who offers attractive odds for the event not to happen (lay).

By carefully choosing the odds, the bettor can guarantee a profit regardless of the event's outcome.

Matched betting is often used in conjunction with sign-up bonuses offered by bookmakers. The bookmaker will offer a free bet or incentive when a new customer signs up with them.

The customer can then use matched betting to guarantee a profit from the free bet or incentive.

It should be noted that matched betting is not gambling, as the bettor is not placing bets on the event's outcome but rather on the odds offered by the bookmakers. This means that it is possible to profit from matched betting without relying on luck.

However, as with any form of betting, there is always the chance of losing money. This is why it is important to understand how matched betting works before attempting it. There are many resources available online that can help you learn about matched betting.

 
Man holding head

If you are considering matched betting, then please be aware of the following risks:

- You may lose money if you do not carefully choose the odds offered by the bookmakers.

- You may lose money if you do not understand how matched betting works.

- You may lose money if the bookmaker changes the terms and conditions of the free bet or incentive.

- You may lose money if the bookmaker voids your bet.

Please also be aware that tax laws may apply to any profits made from matched betting. It is advisable to seek professional advice before attempting matched betting. Gambling winnings in the UK is currently tax free but this can change.

Despite the risks, matched betting can be a profitable way to make money from bookmakers' free bets and incentives. If you understand how it works and is careful with your bets, you can minimize the chances of losing money.

 

Conclusion

Matched betting is a popular way to bet, and plenty of people do it. However, it's important to be aware of the risks before starting. If you're not careful, you could lose money. However, suppose you understand how it works and is careful with your bets. In that case, you can minimize the chances of losing money and maximize the chances of winning.

FAQs

How does matched betting work?

Matched betting involves placing bets on both outcomes of an event, in order to guarantee a profit. The bettor finds a bookmaker and a exchange, one who offers attractive odds for the event to happen (back) and one who offers attractive odds for the event not to happen (lay). By carefully choosing the odds, the bettor can guarantee a profit regardless of the outcome of the event.

Is matched betting gambling?

No, matched betting is not gambling. The bettor is not placing bets on the outcome of the event, but rather on the odds offered by the bookmakers. This means that it is possible to make a profit from matched betting without having to rely on luck.

What are the risks of matched betting?

The risks of matched betting include losing money if you do not carefully choose the odds offered by the bookmakers, or if you do not understand how matched betting works. There is also the risk of losing money if the bookmaker changes the terms and conditions of the free bet or incentive. Finally, there is a risk of losing money if the bookmaker voids your bet.

Is it legal to do matched betting?

Yes, it is legal to do matched betting in most countries. However, please be aware that tax laws may apply to any profits made from matched betting. It is advisable to seek professional advice before attempting matched betting.

Can I make a living from matched betting?

Yes, it is possible to make a living from matched betting. However, it is important to be aware of the risks involved before you start. If you're not careful, you could lose money. Therefore, it is advisable to seek professional advice before attempting matched betting.

What is the best way to learn about matched betting?

There are many resources available online that can help you learn about matched betting. The best way to learn is with Profit Accumulator. However, it is important to be aware of the risks involved before you start. If you're not careful, you could lose money. Therefore, it is advisable to seek professional advice before attempting matched betting.

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