What Is Matched Betting?
Matched betting is a system that takes advantage of betting sites incentives to generate a profit for users. This is done by using the incentives to bet on both outcomes of a bet. Since bookies give money to ‘bet match’ as a welcome bonus, you cannot lose and you will have a profit guaranteed.
When done correctly, matched betting is considered safe and it is not risky. Sign up for a free trial and we will help you make more than £45.
How Does Matched Betting Work?
Matched betting is taking advantage of betting sites offers. By placing wagers on both outcomes, you unlock free bets and bonuses and you guarantee a win. In the UK, matched betting is generating reliable monthly income for many people.
It will depend on how much time you are able to put in. Welcome offers are very profitable, after that, you would have to use existing customers offers. Generally, the earnings are from £300 to £1,000 a month.
No. Knowledge of sports or betting it is not necessary to do matched betting. We will guide you step-by-step on all offers so you can make money easily. The outcome of events are irrelevant in matched betting so any prior knowledge is not necessary.
No. Matched betting is 100% legal and has featured on lots of national publications like Guardian and Telegraph as a way to make money online. It is also completely tax-free. If you invest the time to learn, you will make money with matched betting as it really does work.
A great thing about matched betting is that you can do it in your own time. The more time you do it, the more money you will earn. To earn £300 a month our members saying they are matched betting 5 hours a week. This is, therefore, a £15 per hour.
There are more than 70 registered bookmakers in the UK, so it is likely you haven’t signed up to all of them. Even if you have, bookmakers are offering existing customers promotions to retain their customers. We have step-by-step easy to understand instructions for each offer so you can still earn with matched betting.
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Bookmakers are investing lots of money to attract new players and retain the ones they have. We do take advantage of those offers by placing the required bets and then cash out the bonuses.
Join the UK’s best-matched betting site. Sign up today for our free trial and we will help you to make a £45 profit straight away!
How Can I Make Money From Matched Betting?
Bookmakers are competing for customers in what is a very packed industry. To stands out they do offer bonuses and free bets. Matched betting is a system that involves placing several bets to trigger these bookmaker offers.
You place a back bet (i.e. Team A to win), and then you place a lay bet using a betting exchange, on the opposite result (i.e. Team A not to win). Regardless of the result of the event, you would have unlocked the value of the free bet offer.
This is the reason why matched betting is also called back or lay bet matching. It is a profitable betting technique that is used by people to take advantage of incentives and free bets that are offered by bookmakers.
If executed correctly, you cannot lose and this is why it is considered a risk-free bet activity. In fact, it is based on a mathematical equation rather than luck.
A reasonable return for a matched bet where you also get the stake bet is 85%+ of the initial free bet offer amount. If the stake is not returned, it is 70%+ of the free bet amount. What does this mean? Let’s say you see a bookmaker that is offering a £10 free bet. By using the matched betting strategy (with the help of our step-by-step guides) you will be able to ‘unlock’ £7 of that free bet as profit for you. This is real cash that you will be able to withdraw and spend where you like.
Matched betting does involve placing several bets to trigger these betting promotions. The reason why you have to place multiple bets is to reduce the risk on your side. Let’s do an example to clarify better.
Let’s say a bookmaker is giving £10 if you bet £10 on football. If the odds are correct, it is possible to bet on Player A to win and on Player A not to win (lay bet) with a betting exchange. By doing so, your original £10 is returned to you and you will also get your £10 bonus from the bookmaker. You will then repeat this matching process (place one bet at the bookmaker and the opposite lay bet at the betting exchange) with your free bet amount to secure the profit.
It is worth noting that some free bet bonuses are only available for new customers. This is not a problem, as you can keep the profit coming even with that bookmaker. How? With the regular offers that are given out to existing customers to incentivise them to keep playing. Those are also called reload offers and are what makes matched betting working in the long-run.
Is Matched Betting Legal?
Absolutely, matched betting is entirely legal. Anyone that is allowed to open a new betting account can do it. This means most adults in the UK and Ireland. The great thing is that is also tax-free.
Matched-betting is still a relatively new strategy and this is why some people might not see the potentials. It is growing fast in popularity because more and more people do realise that it is a safe way to make money online. This is why we already have more than 40,000 paying members at bonus bookie!
Surely bookmakers do not like matched betting. They can undoubtedly close or restrict betting accounts but there are strategies to keep your account open. This is why joining bonus bookie will also help in ensuring your profit will be consistent overtime.
It is important to remember that you would need some spare cash to cover the initial qualifying bets. This is a sum that you will get back but it is required for you to place those bets that will unlock the bonuses.
How Much Can You Make From Matched Betting?
This mostly depends on individual circumstances and it can vary significantly. The main factor is how much time you have to dedicate to it.
Generally, on average, we have two types of customers: those that make £1,000 a month and those that make £300. Don’t get this wrong, earnings can be a lot higher than but this is just to give you an idea. People that are earning £1,000 a month spend more time doing matched betting while to earn £300 a month only a minimal effort is required.
Lots of members share their stories with us and the most interesting ones we will share in our blog.
Do I Need To Be A Gambling Expert?
Absolutely not. You don’t even need to have an interest in sport to be successful at matched betting. This is because matched betting is just about following tutorials and step-by-step instructions. It is that simple.
Sports fans are using it, but so we can say for students that need extra income or stay-at-home parents.
Matched betting is one of the easiest and safest ways of making money online. The profit you will make will compensate for your efforts well. On average, you will earn more than every hour compared with the national minimum wage.
Match Betting Tips?
Match betting is a system of gambling that allows you to make a profit from betting on both the outcomes of an event. It is also known as matched betting or back and lay matching or double betting. It is considered a risk-free method of gambling when done correctly. The reason why it is without risks is because you are taking advantage of free offers from gambling sites.
Keep It Simple
Don’t overdo it and keep it simple. Start with the sign-up offers and only those you understand entirely. As you make more experience, you will grow confidence and at that point, you can also try some of the most complicated offers. It is important to remember that the matched betting system is not a get-rich-fast scheme. You would need to learn and invest time in completing the offers. It is worth it as you will make a nice profit every time.
Monitor Your Money
It is important that you keep track of your money. This is because those will be spread in different accounts and it is easy to lose track of where they are. You might be surprised to find a £40 in your SkyBet account but that money could have been used to generate more profit with another betting site.
You can keep a list of usernames and passwords with LastPass. This will save time when logging into your betting accounts and will keep all those details secure.
Speed It Up
Setting up bookmarks for the different bookmakers’ accounts is an excellent idea. You can also consider a separate user profile on your computer. Using autofill to complete sign-up forms quicker is also advisable.
Ask For Help
Ask questions when something is not clear. If you think you are due to get a refund or a free bet, just ask the bookmaker customer service. If you are a member of Bonus Bookie just ask our live chat and email customer support which is available 7 days a week to help you out with any queries you might have.