Matched Betting


While sharing the offers on Profit Accumulator is one thing. An understanding and breakdown of where you’re profits come from is another. Which is why I want to demonstrate how you can earn £250 a week through the matched betting offers.

£250 a week x 4 = £1,000 a month x 12 = £12,000 a year!

Of course, no two weeks are the same in matched betting. You can have good weeks, you can have great weeks and you can have meh weeks. However, it’s a law of averages and over the 52 weeks of the year by completing these offers you should average out at £12,000.

As reloads seem to get the most slack, I’m ignoring the introductory offers and jumping straight into the shoes of someone who already has every betting account known to man / the matched betting world.

To learn about the specifics about each of these bets and to make the most of all the latest up to date offers sign up to Profit Accumulator for just £17.99 a month or £150 for the year (by this posts standard you’ll make that back in around 5 days…)

2nd Place Horse Racing: £50

More often than not this is available 7 days a week on one set of races at a particular course.

With around 8 races per day, 7 days a week over 5 bookies that’s 280 opportunities to hit up to a £25 free bet.

Hit 3 of these in a week and you should make around £50 from your free bets after covering your qualifying losses and commission. 

Saturday Horse Racing Offer: £40

On a Saturday one bookie offers a £50 risk free bet on the next ITV race if your horse finishes first and at odds of 5.0 plus.

Hit this just once on any of the eight or so races and you’ll net yourself around £40 after commission and qualifying loss.

Special 2nd Place Offer: £15

Another bookie often run a £20 promotion on the first race of the day every day. Sometimes it’ll be if your horse finishes second, other times it’ll be if the favourite doesn’t win. Hit this once a week and you’ll net yourself around £15 after commission and qualifying losses.

Bore Draw: £40

Many bookies run what’s often known as a ‘bore draw’ promotion. Back a specific category (check the terms of each bookie but it’s usually correct score, first goalscorer etc.) and if the game ends 0 – 0 and your bet looses then get your money back as a free bet.

The amount offered will vary but can often be as much as £50. Keep your betting profile in mind when choosing the amount you’d like to place on this offer. So hit it once a week with a £50 or twice with 2 £25 and you’ll be looking at around £40 profit after you’re qualifying losses and commission.

Casino: £20

Most of the mainstream bookies offer Casino promotions. My favourite have to be Blackjack provided you follow the terms as shown within Profit Accumulator. These offers aren’t usually risk free but can come with a great reward. So, complete them responsibly and you should net yourself around £20 a week.

Bet £25 Get £5: £4.50

Get a free £5 bet every week provided you spend £25. This is usually applied on a Monday. You can use this in conjunction with offer offers making it zero percent commission.

Bet ‘x’ on Accas Get ‘x’ as a Free Bet: £35

‘Bet x on Accas get x as a free bet’. The amount on offer varies depending on bookies. You’ll have to place so much on accumulator bets throughout the week and you’ll be given so much as a free bet on the following week. Complete just three or so of these and you’ll be expected to receive around £35 in free bets after your qualifying loss and commission. 

Money Back If One Team Lets You Down: £40

Most of the mainstream bookmakers offer this as a promotion for accumulator bets with legs of 4 or more (check the bookie for the terms). Watch my video below for more information on how accumulator bets work…


I’m just £5.50 short from our £250 a week…

But instead of just showing you how to make that extra £5.50 a week. I’m going to show you how you can make a further £250!

Double Delight Hat Trick Heaven: Bonus £250+

This is by far my favourite promotion. I explain all the details in the video below. You can earn anything from a couple of pounds right up to £500+ from this one offer. Better yet, it’s available on two bookies at least once most days! – and it’s risk free!



So, by completing all of this you should easily be able to net yourself £250 a week = £1,000 a month. That’s at a very minimum. Of course these are all variations. One week you might make £750, although one week you might only make £100. 

Overall it should average out at around £12,000 for the year. As always, to learn more specifics about each of the different bookmakers, and to keep up to date with the different offers, terms and conditions etc. and to really get the most out of your time matched betting I’d recommend using Profit Accumulator. It’s £17.99 a month or £150 for the year (5 days of offers = 1 year access!)

You’re also more than welcome to join my community of more than 500 Facebook members who are always helping one and other out and sharing tips.

In the meantime if you have any matched betting related questions feel free to leave a comment below and I’ll do my very best to get back to you.

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Matched Betting

Since sharing my secret to earning £20,000 in tax-free cash in 2016 thanks to Matched Betting a lot of people have asked me questions. Most of which I’ve covered in this frequently asked questions post, but not all.

Instead, some questions deserve an entire post dedicated to them. Just like this one… 

Welcome to A Week In The Life of a Matched Bettor

There’s no doubt that every matched bettor has a different kind of week. Not all of us have the time to spend 2 or 3 hours on an evening midweek. Just like some of us don’t have the time on weekend. You should only use this as an example of how / when to do what offers.



Monday – Thursday

11am – 12 midday: Because I work for myself I’m able to do all the midweek horse racing offers at anytime I want. I usually spend an hour before lunch looking for close matches and putting all the details into my spreadsheet.

This used to take me a lot longer than just an hour, but the more you practice the quicker you get. I also used to spend way too much time following the races. Wasting hours upon hours finding out who came second and trying to get closer matches. Now I use my time wisely, and if the match isn’t close when I check in the morning then I move on. It’s all about time vs money. 

5pm – 8pm: The end time will vary depending on the number of in-play offers on the football but I’ll usually spend this time spending any free bets I’ve earned from horse racing earlier in the day. I’ll also throw in a couple of mug bets on my most popular accounts for the evenings football. I’ll place any football offer bets, and complete any casino offers.

Friday

11am – 12 midday: Same as Monday – Thursday


5pm – 8pm: As well as everything I usually do on a Monday – Thursday I’ll also do a couple of things to prep for the weekend. These include; setting up accumulator bets and laying off the first leg and ensuring I’ve enough money in all my bookies and exchange for the following day.


Saturday

7am – 8am: I’ll be too busy with the football this evening so I use this time to get done all the outstanding casino offers.

8am – 10am: I’ll check the horse offers. Back and lay the horses I’m interested in and input the details into my spreadsheet. I’ll also mug as many close horses as I can being sure not to double back on any promotional offers.

10am – 11am:
Complete any extra place offers for the day.

11am – 1pm: It’s football time. I’ll be looking at all the DD/HH offers as well as any other great offers available on the football. I’ll be sure to mug all the mainstream teams on my favourite bookies.

If I’ve got time here I’ll check in on the later in the day horse racing for any races / bookies I’ve not completed offers on earlier.

1pm – 2pm: Results from the midday football is coming in. I’ll adjust my acca’s accordingly and lay off any second legs. 

2pm – 4pm: Second round of football has just kicked off / about to kick off. I’ll again check for DD/HH offers alongside any other offers run by bookies for the afternoons football. If there’s a couple of extra mug bets I find while placing offers here I’ll put them on.

Depending on how much time I have and the acca’s I still have in the running I’ll sometimes set up new acca’s here on certain bookies to try and take advantage of the football remaining over the weekend.

4pm – 6pm: I’ll try and catch the end of the horse racing and spend any free bets I’ve achieved earlier in the day on the last couple of races. If any new casino offers have come out I’ll sometimes have them running in the background too.

6pm – 8pm: Third round of football. Again, accas. I wont have as many left in play here but the ones that are will be laid off. Again I’ll be placing bets related to offers for the teams that are playing.

Sunday

9am – 10am: Check on the results of last nights football. Lay off any accumulators that are still running. Place any free bets I got from the football yesterday on football matches taking place today.

10am – 12 midday: Check the horse racing offers, there’s usually less than on a Saturday. Input any details into my spreadsheet and move onto looking at any extra place races. I’ll also place any mug bets on my mainstream accounts with race favourites. Being sure not to double back on any offers I want to cover.

12 midday – 1pm: Lunchtime football. Place any bets for offers I need to place such as first goalscorer, DD/HH etc. I’ll also be sure to throw in some football mug bets for todays favourite teams.

2.30pm – 3.30pm: Adjust any remaining acca’s accordingly. Set yourself up for the early evening football. 

3.30pm – 4.00pm: Place any free bets earned on the horse racing through out the day on the last couple of races of the day.

6pm – 7pm: Place any free bets from football on the evenings matches. Lay off any outstanding accumulator bets. Place any offer bets for any of the teams playing in the early evening. 


There we have it. A week in the life of a matched bettor. Of course you’re more than welcome to adjust this depending on your speed and how seriously you want to take this. If you only want to earn an extra £100 a week then you won’t need to do quite as much of this and could easily get by without the accumulators and most of the horse racing.

As always I’d love to know what you guys think of this, be sure to let me know in the comments how you plan your matched betting week.

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Matched Betting
I’m on a mission to share as much information on the subject of matched betting as I possibly can. After all, I want everyone to have an equal opportunity to earn £20,000 in tax free cash this year…

While I’ve recently completed a detailed and in depth matched betting FAQ post. One question I struggle to answer is “Which betting exchange should I use?”

That’s because unfortunatly the answer is highly dependent on a vast array of variables. The only way I can combat such a question is by reviewing each of the five betting exchanges currently on the market.

Today I’m starting with the biggest (although that doesn’t necessarily make it the best) Betfair.


For me the prospect of a truly great betting exchange comes down to three things, and it’s those three things that I’ll be covering in every betting exchange review.

Wagering Options

The Betfair Exchange without a doubt holds the largest of all wagering options. Name something you want to lay and Betfair has it. In fact I’ve struggled to find something I can’t lay on Betfair.

This includes obscure matches, greyhound racing, in-play bets, cycling, cricket. Even weird and obscure stuff such as who will host the 2024 Olympics or who will be the next Dr Who. 

While you maybe saying to yourself “Who would bet on that” In my early days of matched betting there was a promotional offer on one of the bookmakers for the winner of Big Brother. Luckily the Betfair exchange once again had me covered.

There’s no denying that the wagering options on the Betfair exchange get’s 100/100.

Betfair exchange review



Market Liquidity

The second big thing I really care about in a betting exchange is the market liquidity. That’s the amount of money in the market, to ensure that you’re bet doesn’t become partially matched.

I’ve been in situations in the past where it’s been seconds until kick off or until a race starts and my bet is still partially matched because I’ve failed to check how much money is in the market. 

Luckily, Betfair has the largest amount of money in the market. Which is pretty much a given considering the size of the exchange.

This means that if you are going to be betting on slightly less mainstream events then you’re going to want to use Betfair to do so. 

You can always check the amount of money in the market using the numbers provided, and remember you don’t need to mug bet the exchanges, they wont gub you. 



Commission

Betfair knows it’s the king of the market, and by doing so will charge the highest commission on the exchange market at 5%.

This is unfortunatly the one reason why I’d put off using Betfair over other exchanges on mainstream horse racing and football matches where the availability and market liquidity is highly available.

Luckily, Betfair exchange do offer new customers 0% commission up to £50 / €50 which does make up for something in the short term… Click on the image below to sign up and receive the offer.



Side Notes

Betfair is a bookie as well as an exchange. Much like the Ladbrokes exchange. Which means while they wont ban / gub your exchange account they may ban you on the bookies side of things.

There are a couple of things you can do to avoid this. The first being, don’t ever back and lay the same bet with the same company. If you’re trying to trigger an offer on Betfair don’t lay the bet off on Betfair. Instead look to use one of the other exchanges.

Do your best to use the Betfair exchange only as and when you need it. Other exchanges cover the market almost as well as Betfair which means you should only need your Betfair exchange account on select occasions. Reserve the Betfair exchange for just that, select occasions.

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Matched Betting
Skrill was founded in London, England in 2001. It’s one of the most popular and well known online money wallet (e-wallet) websites and allows for payments and transfers to be made through the internet with a focus on low-cost international transfers.



I’ve previously covered the benefits of using Skrill as a matched bettor. However, this is going to be a much broader review of the platform as a whole. 

Opening A Skrill Account

Opening a Skrill account is quick, simple and straight forward. There are five steps to opening an account and the results of your account application are instant. Enabling you to start paying with your Skrill account straight away.

Skrill Review

Skill Dashboard

The my account section of Skrill, or as I like to call it the dashboard. Is clean, it has just enough filters to make finding transactions simple and straight forward without being overwhelming. 



Who Accepts Skrill?

If you apply to get the Skrill MasterCard (free of charge) then you can use your Skrill balance anywhere that accepts MasterCard. 

I’ve also got a complete list of online bookmakers who accept Skrill.


Customer Service

I have a secret obsession with calling customer service lines and testing how quickly I can get through to a REAL person.

Let’s face it. When a problem strikes, we want it resolving quickly and emails often don’t get an instant response. 

It took me 1 minute 46 seconds to make my way through to a real person from Skrill’s customer service. Unfortunatly, the representative’s first language wasn’t english and she struggled to understand what I was saying… (damn Yorkshire accent)

Skrill does make up for the poor English by having customer service representatives available to speak 12 other languages (unfortunatly in my case however, I only speak the one)

Fee’s

Depending on your Skrill status the Skrill PrePaid Mastercard withdrawal fees at ATMs will change as follows:

non-VIP: from 1.80 EUR to 1.75% of the amount to withdraw.

Bronze VIP: from 1.80 EUR to 1.75%.

Silver VIP: free.

Gold VIP: free.

Diamond VIP: free.


VIP

There are 4 different Skrill VIP levels. The more you transfer from Skrill to merchants, the higher your VIP status will be. Your VIP status is calculated on a rolling period of the last 3 months and is adjusted every day automatically once you reach (or fall below) the requirements outlined below.


Security

When it comes to our money we all worry, and rightly so. However, Skrill is FCA regulated. Which is the same as your high-street bank. So you can be assured that your money is safe. There’s also 2-factor authentication available should you require it.


In conclusion, I think it really depends on what you want to use Skrill for. It’s not going to replace the high-street banks, then again I feel that it has an entirely different purpose. As always I’d love to know what you think. Would you like me to review other e-wallets and the ways in which we can use them? Let me know in the comments below.

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Matched Betting
Understanding how Best Odds Guaranteed (BOG) works can provide you hundreds of extra pounds in profit from Matched Betting every single month. 

If you’re just getting started with matched betting, then be sure to check out my article on how I made £20,000 in 2016.

In fact, after reading this article you may in fact find that you’ve hit a BOG, made some extra cash and never even realised. So, with all that excitement looming, let’s get started…

What Are Best Odds Guaranteed?

Bookies offering Best Odds Guarantee ensure that regardless of the odds you back a horse at, you’ll get the SP (starting price) should it win.

So, let’s assume you place a £10 bet on the horse Jolly at 4.0. Should the horse win you’re going to receive £40. However, once the race starts the odds have drifted. In fact the odds of Jolly winning are now at 8.0

Of course, in typical fashion Jolly goes ahead and wins. While we should all be happy receiving £40, your not because you could have won £80 had you only waited to bet right?

Well under BOG £80 is exactly what you’d get. Because, the horse as won you’ll get the SP regardless of the price in which you backed at earlier.

Best Odds Guaranteed & Matched Betting

So let’s assume you’re trying to hit a second place refund on the horse racing. A typical matched betting offer. You placed the £10 bet on Jolly at 4.0 and laid the bet at 4.2 generating a loss of £0.62.


However, the horse doesn’t come 2nd, instead it comes first. The SP wasn’t 4.0 and it was in fact 8.0. In which case you’d end up with 8.0 x £10 = £80. However you’ll also need to deduct the £40 win you covered (from the odds being 4.0) and the loss of £0.62 you was going to receive from placing the bet. 

Giving you a total profit of £39.38.


The screenshot is a real example from my own SkyBet account. It demonstrates how the BOG has been applied, even on my free bet. Changing the odds from 6/1 to 9/1. 

Who Offers Best Odds Guaranteed?

This list is correct at the time of publishing. Each bookmaker has different terms and conditions when it comes to BOG so be sure to check before betting.

Bet365
SkyBet
William Hill
BetVictor
BetWay
BetBright
PaddyPower
Coral
Boyle
BetFred
BetFair
Ladbrokes
StanJames
Totesport
10Bet
888Sport
BetStars


As always, I’d love to know your thoughts on Best Odds Guaranteed. Have you won a Best Odds Guaranteed and not realised? What’s been your biggest Best Odds Guaranteed success? Let me know in the comments below.

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Matched Betting
Jolly Lock Internet Protocol Virtual Desktop is an innovative piece of software that aims to help block IE Snare (a spying ‘cookie’ left on your browser by the bookies to see exactly what other websites you’re visiting).



The gubbing of betting accounts is becoming more and more common in the forums as the popularity of matched betting continues to grow. With the estimated costs to the bookies from matched bettors alone coming in at 20 million pounds it’s no wonder they are taking things so seriously.

With all that in mind. I decided to put Jolly Lock to the test in this Jolly Lock Review.

 

Why Do Accounts Get Closed?

Before we start really looking at the benefits of Jolly Lock, we need to look at the problem the software is trying to help solve. Our betting accounts getting closed, but why does this happen?

 

The reason is simple. The bookies HATE to loose. I’m not just talking about matched bettors, but professional punters in general have been completely banned and removed from online accounts. If you go back to the 90’s and the days before online betting, it was easy to stay under the radar as a prolific gambler.

 

In fact, the only way to draw attention to yourself was by repeatedly being seen to ‘win big’ by the same betting store manager. That could be easily avoided by varying the times in which you placed a bet and visiting different shops across town.

 

With the birth of internet gambling everything changed. Gambling accounts became accessible to everyone and anyone and could be closely monitored very easily.

 

Combine all this accessibility with ‘bonus abuse’. Bonus abuse is another name for matched betting. Simply ‘hunting down’ free bets and other bonuses for the purpose of taking value from the bookmakers.

 

While an IE Snare block such as Jolly Lock isn’t going to 100% solve the problem, it’s going to certainly solve half of it. The other half is up to you in the form of your betting profile which I cover in the video below…



What Is IESnare? – How Do Bookies Monitor Our Accounts?

Every bookmakers has what’s known as a risk management team. They aim to track betting patterns of potential matched bettors and pre-emptively ban accounts who they suspect of belong to a matched bettor – before you’ve even placed a bet!

 

I’ve especially seen with the smaller bookies, people claiming that they have been ‘gubbed’ before placing the first qualifying bet. Confused? They ask… well how did they know? Smaller bookies doesn’t have a ‘large pot’ and with matched betting collectively costing bookies 20 million pounds a month. This is all money that small bookies simply can not loose. So, they’d rather use the information they have from IESnare and block you before you’ve placed a bet than risk you fleecing them and never coming back (or if you do only coming back for another bonus)

 

So, what is this IESnare you might be asking? Well it’s spyware used by the bookies. This particular piece of spyware can do any of the following;

 

Monitor the web pages you visit in real time.

View your internet history

View your devices installation data

Harvest information from your data registry.

Store your data on a databased to build a profile of your browsing habits and online activity.

 

Suddenly all that gubbing makes sense, right?

 

This advanced technology allows bookmakers to see if you have an exchange open in the other window? or whether you’ve opened an exchange in the past hour, day, month… It can track if you’ve been on matched betting websites such as Profit Accumulator or done absolutely anything else that would lead them to believe that you are not just a regular punter.

 

How You Can Block IESnare

The more internet proficient of you reading this article may be able to manually block IEsnare by editing the hosts on your device. Some examples of ways in which you could do this include;

 

Using a VPN or using a dongle to change your IP address

Using browser extensions and CCleaner to remove / block local shared objects as well as other tracking cookies

 

However, the risks of doing so are high and you may find that you’re unable to access certain bookmakers, have a lag or have your account closed as your deemed to be using a VPN.

 

What Is Jolly Lock?

Jolly Lock is an innovative piece of software that goes someway to helping you cover your online identity in such a way that the bookies can not monitor you.

 

For those of you who are super confused by all these technical terms. All you need to know is that Jolly Lock is a specialist but super simple piece of software that replaces your internet ‘identity’ with another.

 

Now you maybe thinking, well how do I know that my IP isn’t just being replaced by someone else who’s already been banned. Well, Jolly Lock pre-approves every single IP they give you.

 

To go one further every IP is based in the UK. Not only does this remove any suspicion from your IP address it also means if you’re not in the UK you’ll be able to take part in matched betting.

 

However, that’s not all. Jolly Lock is compatible with flash. Which means you’ll be able to take part in casino and other game offers that require flash without compromising your profiles security.

 

 

How Does Jolly Lock Work?

Once you’re signed up for Jolly Lock you’ll be able to download their software onto your computer. You’ll also be given an instruction sheet (although the staff are on hand to help you should you require) this talks you through everything you need to know, and how you continue using Jolly Lock on your computer.

 

It’s as simple as logging into the JollyLock software before starting your matched betting day. You’ll be using my personal favourite browser inside the network, Google Chrome to place all your bets. Zero lag, zero problems.

 

 

How Much Does Jolly Lock Cost?

Jolly Lock is purchased as a monthly subscription. It costs £25 a month (£15 for your first month) however there is a bulk buy discount of 3 IP’s for £69 or 5 for £105 a month.

 

So get together with your mates and save yourself some cash.

 

Originally when I heard the pricing I was a little put off… It costs more than Profit Accumulator for half the work. That said, if it saves you from just one gubbed account per month then it’s surely worth five times it’s cost. Especially for those who are in Matched Betting for the long haul…

 

Conclusion

Being a bit of a tech geek I decided to take Jolly Lock for a whirl. I set up my desktop and over a two-week period places multiple different matched bets over multiple different accounts. I even went as far as opening up an account on three bookmakers with my mum, brother, dad and girlfriend. To see if this could help prevent multi-accounting.

 

To-date, we have all had zero problems!

 

As this Jolly Lock review might have already demonstrated. Jolly Lock isn’t going to be for everyone. If you’re looking at matched betting short term, then I’d probably take the hit and have a couple of accounts closed… However, if you’re looking at opening multiple accounts or looking for healthy accounts then using Jolly Lock alongside your traditional mug betting and other gubbing prevention techniques is going to go along way to keeping you matched betting for years to come.

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Matched Betting
I’m back with another betting exchange review. Today we’re covering Betdaq. The betting exchanged was launched in Dublin, Ireland in 2000. But is it a match for the other exchanges?

I’m on a mission to share as much information on the subject of matched betting as I possibly can. I want everyone to have an equal opportunity to earn £20,000 in tax free cash this year…

While I’ve recently completed a detailed and in depth matched betting FAQ post. One question I struggle to answer is “Which betting exchange should I use?”

That’s because unfortunatly the answer is highly dependent on a vast array of variables. The only way I can combat such a question is by reviewing each of the five betting exchanges currently on the market.


For me the prospect of a truly great betting exchange comes down to three things, and it’s those three things that I’ll be covering in every betting exchange review.

Wagering Options

The Betdaq exchange covers the vast majority of mainstream events. The selection of obscure markets isn’t quite as complex as you’d find on Betfair. In fact at the time of writing it only included one market which was Eurovision. 

betdaq review
However, that’s not too much of an issue. What is rather impressive is that Betdaq doe include a market for some of my personal popular bets including ‘first goal scorer’ which can only otherwise be found on the Betfair exchange.

Market Liquidity

The second big thing I really care about in a betting exchange is the market liquidity. That’s the amount of money in the market, to ensure that you’re bet doesn’t become partially matched.

I’ve been in situations in the past where it’s been seconds until kick off or until a race starts. Leaving my bet partially matched because I’ve failed to check how much money is in the market. 

Again you’ll find that for most mainstream events, Betdaq has enough liquidity in the market to have you covered. Although that will start dwindling when you’re looking at more obscure results and higher odds.


There’s enough money in the market to lay a £25 bet for the top 5 horses in this race. Which to me, is pretty much all you’re ever going to need.

You can always check the amount of money in the market using the numbers provided.  Remember, you don’t need to mug bet the exchanges, they wont gub you. 

Commission

Betdaq’s normal commission rate starts at 5%. However, this can be cut to as little as 2% depending on the volume of bets you have matched. Click here to learn more.

Even if you’re not convinced after this Betdaq review that it’s the best long term betting exchange for you it’s still worth signing up. That’s because the exchange offers 0% commission for your first month as well as a spend £10 get £30 in their Casino (30 rollover) for all new customers. Click on the image below to sign up and receive the offer.

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Matched Betting
I’ve written many posts and shared many videos on Matched Betting, however there are some smaller questions on the topic I’ve yet to cover. These questions don’t require an individual post on their own. Which is exactly why I’ve decided to create this Matched Betting directory / Matched Betting FAQ.

As the Matched Betting industry continues to grow I’ll be adding and updating this post to ensure it’s kept as up to date as possible. An so, as always, if you have any questions in regards to Matched Betting then be sure to leave me a comment in the comments section below.


What Is Matched Betting

So, let’s start with the basics. What is Matched Betting? How does it all work? For this I turn to one of my very first Youtube videos.


Can Anyone Start Matched Betting?

Provided you’re over the age of 18, yes. 
You’re required to be over the age of 18 to open betting accounts in the UK.

If you’re from outside of the UK and online gambling is legal in your country then leave me a comment below and I’ll do my best to point you in the direction of the best person to speak to on getting set up.

Is Matched Betting Legal?

Yes, Matched Betting is completely legal.

It’s still fairly new, but has been covered by major news organisations as it’s popularity grows. 

 

Are There Any Risks?

Because you are covering all possible outcomes by both backing and laying your bets. You’re effectively removing any risk that’s associated with traditional betting and gambling.

The only real risk is human error. This can include not checking the latest odds, entering an incorrect amount etc.  

It’s for this reason that I always suggest purchasing a subscription to a dedicated Matched Betting website such as Profit Accumulator. Which provides detailed walkthroughs of every single bet you’ll be placing. As well as taking things slowly and at your own pace. This isn’t a race, and more often than not by rushing you’ll make mistakes. 

Do I Need To Know Anything About Gambling or Sports?

When I started out I’d never placed a bet in my life and the last thing I wanted to do on a Saturday was watch the football. Yet I went on to make £20,000 in tax-free cash thanks to Matched Betting in 2016.

If I can do it, you can too…

What If I’ve Already Got Betting Accounts?

That doesn’t matter… With more than 50 UK licensed bookmakers and new ones appearing all the time there are plenty of sign up and reload offers you’ll be able to take part in.

What Happens After The Sign Up Bonuses? – Surely It’s All Over Then?

Far from it, in fact that’s when you move on to reload offers. Reload offers are promotional offers by the bookie to incentives people to keep coming back and playing more.

Websites such as Profit Accumulator update the different reload offers for more than 50 bookmakers multiple times a day. Which means there’s always an offer to be taking part in.

How Much Can Earn From Matched Betting?

I mentioned previously that I managed to make £20,000 in a year. However, I’m not the only one… In fact people have earned more than £100,000 from Matched Betting. 

Profit Accumulator has ‘clubs’ within their forum for people to join when they reach particular financial milestones. You can also share all the things you’ve been able to purchase as a result of Matched Betting.

However, don’t just take my word for it. Check out what other people have to say…



If Matched Betting Is So Good Why Isn’t Everyone Doing It?

This is a question I get asked a lot, and peoples reasons often vary. Although these are just a selection of the most common;

I don’t have the time
It’s a scam
It’s too hard / I don’t understand
I’ll probably loose money
I don’t have the cash to start
It will affect my child tax credits
It will affect my pension
It’s illegal

All of these aren’t true. It’s tax-free because you’re technically winning from ‘gambling’ despite being risk free. It’s not a scam, it’s no illegal. It can take you as much or as little time as you like, and you can start with as little as £50.

But still, try telling that to some people who only complain how broke they are in every other sentence…

Will Matched Betting Change My Credit Rating / Chances of Getting A Mortgage?

This question has been debated on matched betting forums for as long as I’ve been taking part. So, let me share with you what I know;

In some cases bookmakers may run soft checks on your credit report. This is pretty much the same s when you use a car insurance comparison website such as Go Compare or Compare the market.

However, the mortgage part is a little more complex. For a new mortgage applications you’ll often find that you have your bank accounts reviewed. To do this the bank may ask for your bank statements. 

There are two ways of getting around this;

Firstly, stop matched betting prior to applying for a mortgage. You’ll need to stop anything between 12 months to a year before applying.

Alternatively, you could look to use a Skrill account. This should allow you to continue matched betting.

Finally, remember Matched Betting isn’t classed as an income and you therefore can not declare it as such when applying for a mortgage. 


How Much Money Do I Need To Start Matched Betting?

You can start Matched Betting with a float of as little as £50.

However, the more money you have set aside the better as you’ll be able to steam through the offers without waiting for the cash to move from your betting account back into your bank account.

How To Get Started Matched Betting

The easiest and quickest way to get started with Matched Betting is in my opinion to set up a free trial with Profit Accumulator.

This free trial will teach you how to make £45, and then it’s up to you if you want to continue with Profit Accumulator and Matched Betting on other offers.

I also have a dedicated Facebook group set up for ‘my gang’ of Matched Betting fans, which you are more than welcome to join.

Matched Betting Terminology

When you first get started, Matched Betting can seem like learning an entirely new language. Especially in the forums. However, as with any forum it’s easy to decode with a little practice. In fact before long you’ll be doing abbreviations of your own. However, in the meantime, to get you started. These are some of the most commonly referenced terms and their meanings;

365 – Bet365
888 – 888 Sport
Acca – Accumulator bet
Arb – Arbitrage Bet (Back odds higher than lay odds)
Bfex – Betfair Exchange
BFSB – Betfair Sportsbook
BoG – Best Odds Guaranteed
BTTS – Both Teams to Score
BV – BetVictor
Cheltmas – The Cheltenham Festival
DD/HH – Double Delight, Hat Trick Heaven
EV – Estimated Value
EW – Each Way
FB – Free Bet
FGS – First Goalscorer
Gubbed – Promo banned at a bookie.
HT/FT – Half Time/Full Time
Lads – Ladbrokes
OLA – Override Lay All
PA – Profit Accumulator
PP – PaddyPower (Can also mean 888sport Premier Player)
PPM – PaddyPower Messenger
QL – Qualifying loss
RTP – Return to Player
SMM – Super Monopoly Money
SNR – Stake not Returned
SR – Stake Returned
WH/Hills – William Hill
WWGI – Win, Win, Get in (Coral offer)


I hope you have enjoyed my selection of Matched Betting FAQ. As I mentioned earlier in this post I’m looking to update this and answer any questions you might have about Matched Betting so feel free to leave me a comment below and I’ll get back to you as soon as I can with an answer…

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