Making Money Matched Betting

I Made £20,000 From No Risk Matched Betting

matched betting horse racing

I’ve been working towards writing this post for the best part of fourteen months. Finally, I can tell you that I’ve achieved my main goal of 2016. I’ve now made £20,000 From No Risk Matched Betting.

If you’ve been watching any of my daily videos on Youtube then you’ll know that matched betting has been playing a huge part in my life.

The money I’ve made has helped me; pay off more of my mortgage every single month and afford a once in a lifetime trip to Thailand with my girlfriend.

What Is Matched Betting? / How Matched Betting Works / How To Do Matched Betting?

There are so many different ways to say it… But more often than not in one form or another I’m asked to explain what matched betting is, how matched betting works, and how to do matched betting… along with a couple of more specific questions.

Let me break this down for you;

Matched betting is a common term for utilising the free bet offers that bookmakers offer punters. By doing so you’re able to make some serious guaranteed cash with zero associated risk.

It’s quickly turned into everyone’s favourite money-making hustle from The Money Shed to EmmaDrew.info right through to news outlets such as Save the Student, Money Saving Expert, and The Guardian.

How Is Matched Betting Risk-Free?

The outcome of the event that you bet on doesn’t matter.

If the qualifying bet or free bet was, for instance, Liverpool Vs. Manchester United and you simultaneously back (bet on) and lay (take a bet on) Liverpool…

It would not matter whether Liverpool win, draw or lose. There is NO gamble. Regardless of the outcome, you will win nothing, losing nothing. Ultimately, you’ll break-even.

How Much Can You Make From Matched Betting

I polled the users of my private and completely free to join Facebook group dedicated to Matched Betting to find out how much they’d made from Matched Betting.

Remember some of these people have been Matched Betting for days, others for years.

As you can see the common answers fall between £100 and £1,000. However, 2 of the 18 members who joined in with the poll reported earning more than £5,000 thanks to Matched Betting!

Here’s a guide on how to consistently earn £1,000 a month from Matched Betting. Whether you’ve just started the process and are still opening accounts, gambled in the past or are a matched betting pro. You should still be able to earn in the region of £1,000 month comfortably.

The Best Matched Betting Forum: Profit Accumulator vs OddsMonkey vs Free Forums

Whilst match betting is ‘free’ finding the offers from over 100 different bookmakers both online, mobile and in-store can be very time-consuming.

Free Forums

When match betting started over a decade ago there were no dedicated websites, instead just a few people on a matched betting forum such as the one on Money Saving Expert.

Since then websites have been popping up left right and centre designed to help you understand the process, find you the best offers and help you every step of the way.

I generally advise people to stay away from free forums. The format isn’t the easiest to navigate which can make it easy for you to miss offers or get confused – especially when starting out. Instead, pay for one of the dedicated services.

They have forums embedded should you need help or look for the social element.

However, for the most part, they capture all of the offers, format it in a way that’s easy to understand and follow and allow you to track the offers you have/haven’t done.

Profit Accumulator

In my book time is money. Which is why I opted to use Profit Accumulator. It’s not the cheapest at £17.99 a month or £150 for the year (although it does have a free trial to get you started)

However, the customer service is fantastic, the community is thriving and it comes complete with extra tools to allow you to continue to make money even once the introductory bets have been completed.

Profit Accumulator is a great website to help you on your no risk matched betting journey.

Putting that £150 a year subscription into the perspective of the £20,000 I earned it’s less than 1% of my earnings, and unsurprisingly I’m pretty damn happy with that.

Odds Monkey

As matched betting has continued to gain in popularity over the years. It’s no surprise that we’ve seen an increase in the number of match betting forums and services.

One of those is Odds Monkey. In an effort to ensure I continued to promote the very best service on the market I signed up for Odds Monkey.

As you might imagine the user experience and service is very similar. Just like Profit Accumulator, Odds Monkey has a free trial to help you get started.

So, honestly, if you find that Odds Monkey is better for you then go for it – I can’t see you missing out on much when compared to the other paid services.

The Difference Between A Bookmaker & Betting Exchange

A bookmaker offers odds to which you bet against the company offering them. It is in their interest for you to lose your bet, so they keep your stake, and therefore boost their profits.

A betting exchange is a platform for bettors to trade the outcome of certain events. It differs from traditional sportsbooks by allowing bettors to bet against each other, rather than a bookmaker.

The Best Betting Exchange

There’s a large number of betting exchanges, and it can be overwhelming to find the right one (or small handful) for your matched betting needs.

Finding the best betting exchange is essential, as you’ll be putting a lot of money into these exchanges to lay off bets so you want to be confident that they’ll cover the majority of the markets, have a low commission rate and competitive odds.

I recommend reading my article on the best betting exchanges to learn more about what might be right for your no-risk matched betting experience.

What Comes After The Matched Betting No Risk Introductory Offers?

Matched Betting is no doubt famous due to the bookie’s fantastic introductory offers designed to get you coming back for more.

On just one of these offers you can earn £200+ and it’s the simplest and easiest way to build up your bank and earn a vast amount of money very quickly.

Just one example of a matched betting offers available to new customers.

However, once the introductory offers stop, I notice a lot of people asking how do I carry on? The same question applies for those who are existing customers of some of the more prolific bookmakers.

Now, here’s the thing. I actually spent a month matched betting in August 2015 and in that time I completed most of the introductory offers.

I then stopped during the fourth quarter to focus on my Lego business and decided to pick it back up again in the new year. That means that the £20,000 I earned from matched betting in 2016 actually included very few introductory offers.

I made a lot more from reloading offers, casino offers and accumulator promotions.

Reload Offers

Reload offers are limited time offers that are only available to current members of the bookmaker.

They can vary from online to mobile to in-store and include things such as hattrick heaven (get three times your wager back if the first goalscorer scores a hattrick – my personal favourite!) or second place refunds (get your money back as a free bet if your horse comes second)

Casino Offers

Casino offers can vary drastically and Profit Accumulator is fabulous at determining which offers are worthwhile.

Whilst members of the forum will explain there experience with the offer to help you determine whether or not it’s a risk you’d like to take.

Remember, there are always risk free betting options, so I’d only suggest ding the casino offers if you’re at an advanced stage of your matched betting journey.

Accumulators

Finally, there are accumulators. Accumulators are the hardest thing to learn, but thanks to the new software that has just been released they are a whole lot easier than they used to be and a way to earn upwards of £100 on a reload offer.

I personally used to run five or six of these over three or four bookies each weekend and pretty much guarantee a £200 return.

What Happens After You’re Gubbed?

There’s no doubt that with high earnings, comes gubbings (a phrase used to describe the act of when a bookmaker bans you from getting any further free bets).

It’s important to remember that you’re money is not at risk when this happens, you’ll simply not receive any future promotions or free bets.

Whilst it may seem like the end of the world at the time it’s not.

Gambling is a billion pound industry. This contributes to bookmakers are being opened all the time. The different things we can bet on as well as the different offers available are fast moving.

So in my opinion, being banned from one, two, three or even five bookies is certainly not the end of the world.

Instead, I urge people to focus their energy on keeping the bookies you have open and finding new ways to earn money through match betting.

I have heard some stories of how people have been gubbed my bookmakers have gone on to have those gubbings retracted.

However, I can only imagine this is under certain circumstances and not something I would depend on. Instead, I’d advise people to matched bet responsibility to minimise the chances of being gubbed.

Why Isn’t Everyone Doing No Risk Matched Betting? – And What Happens If They Do?

This isn’t going to be for everyone.

Since I made my £20,000 in 2016 from risk-free matched betting I’ve not completed as many match betting offers. Instead, I’ve started to focus only on the large offers.

There are many, many people who don’t want to do matched betting. They don’t need the extra cash, they’ve even tried it and decided that for whatever reason it’s not for them.

Personally, I’ve been using the money to start some great new income streams and I’m spending my time developing those.

Bookmakers make more money from gamblers than matched bettors.

So as match betting continues to grow. I believe a primary focus for the bookmakers is going to be removing as many potential matched betters as possible.

29 Replies to “I Made £20,000 From No Risk Matched Betting”

  1. No this is new to me. Interesting but I don’t really ‘get it’.
    Do I have deposit my own money first to an account?

    1. This blog, daily youtube videos, I continue to do some matched betting, run a Lego business, eBay reselling, Amazon FBA RA… the list goes on 😉

  2. Hi Cora
    I missed this post – congratulations on hitting your £20k goal! I didn’t get a chance to ask you at the FIRE Escape about MB but I see that you’re intending to scale down a little and concentrate on other ways to earn income. I continue to plug away at MB although I doubt I will reach the dizzy heights you have as I don’t do the casino offers. However, I do take advantage of accas and as you say, there is good money to be made from those, although they can be time consuming, even with the Acca Matcher. All the best with your other income streams!

    1. Thanks Weenie. Yes, the plan was always to invest the money I made that year wisely to create other passive income streams. Accas and DD/HH is the way forward and of course Cheltenham which is just next week. I am highly tempted to power on just for that, it’s an easy circa £1,000+ 🙂

  3. Hi cara
    Just wondering ive made £2k out of the intro offers and trying to do the accumulator bets now but finding it slow, I noticed you said you did 5/6 on the go and other offers, how much money would you play with on a Saturday?
    Im looking at the Cheltenham festival next week as well bit I was thinking my target was gonna be £100 but you said £1k can I ask how? please any advice will help me deeply thanks

    1. Sorry cora this predictive text keeps suggesting something else! Also which sort of accumulator bets would you play lay all at the beginning or lay sequential, and would you only back the winning team or would go for the most obscure once like a 5 draws etc?

      1. Depends on your betting profile… I tend to go for premier league / champions league and bet on the teams with the lowest odds… Again, that’;s just my betting profile 🙂

    2. They’ll be A LOT of offers for Cheltenham… Think Saturday x2 over 5 days… That’s £200 a day… You want to be looking at extra places. If you don’t know what they are or how they work I suggest taking some time to learn in advance now rather than confusing yourself even more in a few days 🙂

  4. Hi cora,
    Just to let you know the Cheltenham festival was a personal success, I was really surprised with so many offers. But working full-time was difficult to do but managed to knock over £500 with a £1000 float?????!!!!
    I’ve been speaking to few people about casino offers and spins offers, but I am a bit worried getting involved in that side even though I know thats the gravy of offers ? (mmmm gravy) what was your tactics for that cuz it not risk free is it, some of the offers I have seen involves “play with £10 and we’ll give you £5 to play on slots” etc! Would you sacrifice that £10 get £5 cuz it doesn’t make sense to me!

  5. Hi,

    Great site!

    I was wondering when you said that you made around £200 guaranteed from Matched betting accas, how did you achieve this? i thought the accas only paid like £8 -£14?

    would they be the best source of income after the signups?

  6. Hi Cora,

    I came across your VLOGS about MB a few months ago and found them very helpful, i now watch your other youtube channels and i must say i think your fantastic ! Your so motivated and proactive in what you do its hard not to be inspired.
    Since i started following you i have started to clear out the house of unwanted items and sell them on ebay..however little the money i’m making, i realise its the time and effort you put in that rewards you in the end.
    I joined PA in February and done most of the signup offers in the first 2 months which made me around £800 profit !
    Like many others i have struggled to progress into the reload offers, and although i’ve had a go at Horse racing refunds/Casino Offers etc etc…i’m struggling to boost my balance. I do Acca’s most weeks and this is my best way of maikng profit, but i noticed you do the Double delight/hatrick Heaven….is this just with Betfred ??
    Also when placing these bets…do you still lay the first goalscorer off at the exchange ? if so, which exchange do you use, as i cant find the 1st goalscorer option at either Smarkets or Betfair ?
    i’d appreciate your response on this one…keep up the good work !

    Jamo

    1. Hi Jamo,

      Wow! thanks for the comment. I really appreciate it, keeps me motivated to make more informative content.

      First goal scorer – Betfair it’s along the side to select it. If you struggle by all means drop me an email and I’ll send you a screenshot that may better explain things.

      Are you in the Facebook group for matched betting? There’s over 700 members and we chat about reloads and stuff so that should help with that for sure 😀

      Thanks in advance,

      Cora 😀

  7. Amazing! Congratulations! Me and my other half were only talking this weekend about matched betting and if we could realistically take it any further than we have. Um, yes it seems we can! This is such a great achievement in one year.

    1. Thanks, Melissa, it’s something I’d encourage people to look into. It’s not for everyone, but I know it’s changed many peoples lives who I’ve recommended – I can’t tell you how great that feels!

  8. Hi just want to say what you have achieved is amazing for yourself and really fantastic! I hate the betting sites and am glad to see people exploiting these and make them (william hill, betfair, sky, bet365) losers for a change!
    I am trying to save up £10,000 by next xmas, it can be doable but I know it going to hard, how many accas do you play with on a Saturday? Can you profit even without the need of relying on the offer (five fold if one lets you down we’ll refund you) or is there other avenue I can exploit, I have the funds in my savings ready (and not making any interest) I know my betting profile tends to be football, probably like yours, I have heard of arbitrage trading jist wondered your view on that.
    If theres any more avenues I can try and exploit then I would appreciate it

    1. Must be one of the only people who’s not touching bitcoin or any other crypto with a barge pole LOL – It at least feels like it right now. We’ve used the money to start up a business, we paid of some of our mortgage, travelled so yeah it all went into good things 😀 😀

  9. Do you know of any sites that host people who match bet “professionally”. I know of a person who paid some money to someone who then did the matched betting on her behalf and took a small cut of the profits. Useful for her as she didn’t want to spend the time doing it herself but still benefited from matched betting. Do you know if this is this something that happens often?

  10. Matched betting is a great way to make the most of tax-free earnings! I have made £17,500 since March 2017 which I am very happy with! Averaging £1944.44 a month tax-free is equal to earning £30,000 a year in a job!

    Adam

  11. Hi Cora, is it still possible to get £50 cashback from Matchbook for joining through your site, and if so is there a link?

    Thanks! Daniel

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