About Matched Betting

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What is Matched Betting?

matched betting video
Click to watch matched betting introduction video – its only 2-3 minutes long and explains it really well.

Matched betting is a simple risk-free process whereby you take advantage of offers on betting sites for new and existing customers, allowing you to guarantee profits. The best analogy is if a bookmaker says to you ‘I’ll give you £50 if you guess the outcome of this coin toss’ – under normal betting circumstances it’s a pretty good offer – but you COULD lose your £50. What matched betting does is uses the betting site to bet on heads, and then uses another site (known as an Exchange) to bet AGAINST heads. You might lose 50p putting this bet on, but you don’t really win anything – but more importantly you don’t really lose anything other than that 50p – however you now have the £50 free bet that the betting site offered you, meaning risk free cash. The main matched betting site to use for this is Profit Accumulator.

Is it Risky?

Absolutely not – matched betting is completely risk free. You will be walked through the training process very carefully but once you have done this two or three times you’ll find it becomes second nature.easymoney

Is it Legal?

Matched betting is perfectly legal – betting sites obviously hate you doing this as it takes away their edge – everyone has heard the old ‘the house always wins’ line – but there are no laws against matched betting.

Is it Gambling?

Matched betting could not be further from gambling if it tried; with gambling you can lose your entire deposit if results don’t go your way – with matcher betting the result does not matter – it’s all just guaranteed profit. Going back to ‘the house always wins’? Not anymore!

profitsHow much can I make?

There are a couple of different approaches that you can take with matched betting, so there is no easy answer to this question, however as a conservative estimate you can easily bag £500 per month, tax free, on an ongoing basis. If you’ve got more time to dedicate, this can be much higher. I have cleared over £2k per month, every month, since November 2015.

Do I need to pay tax on winnings?

Not a penny – gambling winnings are classified as tax free income, whatever you make through this process is yours to keep and spend however you see fit.

How much time do I have to put in?time-management-clock

This is a common question and my answer to this is always ‘how much money do you want to make?’ – there are always offers available on a wide range of events, and even when there is no sport on there are different kind of offers such as Bingo, Casino, slots etc. You can do this for 20 minutes a week if you want, or you can do it full time and use it as your sole source of income. It’s completely up to you!

Isn’t this just an MLM/Pyramid scheme?

Again this gets asked all the time – and the answer is always no. There is nothing for you to sell, other than getting new members to the site but that’s optional. MLM and Pyramid schemes are usually guised as get-rich-quick schemes however what they DON’T tell you is you have to do your own tax returns, pay taxes on income, you have sales targets to meet etc – you have none of that with matched betting. If you want to get other users to it there can be some incentives for you to do so, but you can also just focus on making money for yourself which is what the majority of users do!

mackeeper-is-not-a-scamThis all sounds too good to be true?

I usually think if something is too good to be true, it usually is – so I made sure I did a lot of research before diving in. I was still unsure when i signed up but I was willing to take the risk and I am so glad that I took that step. Inside of 6 months I have paid off all my credit cards and got a huge savings account set up with the profits – but I don’t expect you to just take my word for it – I will gladly add you to Facebook and show you proof of my winnings.

Do you need to understand or enjoy sports?

No – in fact its probably easier if you don’t as then you are less likely to waste time watching the results – absolutely anyone can do matched betting, and profit accumulator will teach you in a couple of minutes.

How do I get started?

Head on over to the Profit Accumulator page and start their free trial – you should make £35-40 profit from this and it will teach you everything you need to know, provide you with resources and has a great community forum for discussion of offers.

7 Comments

  1. Carl Dixon | | Reply

    A great way to make some extra cash risk free and it’s also made me understand betting a lot more which has saved me money too!
    Was initially sceptical however it’s very easy to do, start slow and follow instructions and can’t really go wrong.
    Started in December and I’m at £3.8k spending 2-3 hours per week max.
    Makes sports more fun and who doesn’t need free money, would recommend to anyone to have a go no matter how much you do or don’t know about betting!!

    Good luck (not that you need it with sites like this) 🙂

    • admin | | Reply

      Cheers Carl, really glad you are making profit through PA. Like you I was initially sceptical but the proof is in the pudding I suppose. Or our bank accounts!

  2. Phil B | | Reply

    At first I thought this was a scam. How could there be free money from betting, with no risk? I had never gambled before. Once I got over the initial worry about losing money and had done my first few offers, though, the cash was just rolling in and I am now making £1000 per month, risk free and tax free. The more time you put in, the more cash you make. Simple.

    I would recommend this to anyone.

  3. Profit tips | | Reply

    You need to bet big right? And how about the bookies,I know to some point they might get suspicious.

    • admin | | Reply

      20-50 quid on average so not large stakes!

  4. John | | Reply

    Surely most of the offers are to New customers. There can only be a finite number of offers out there.

    • admin | | Reply

      Hi John,

      There’s several different types of offers – there are Sign-Up offers which are most easy to do and often larger and generally those are the first ones you do with each bookie. The site lists these in order of how much work is required and breaks down everything tou need to do in list format and many have videos. Once you’ve done signups there are ongoing customer offers that generate regular profit these are known as ‘reloads’. An example is bet 365 regularly do the £25-£50 in play offer which is a great deal. There’s also several horse races a day and LOADS in a weekend where if you back and lay the second place horse you get a refund which can lock in profit.

      So in short yes lots of offers for signups but lots of existing customer deals too.

      Make sure when signing up to any bookie or site you also go via topcashback (http://www.topcashback.co.uk/ref/Ashe) as there are often cash incentives through there too, for example £21 cashback at the minute for a site called Spin to Win If you deposit and play through £10, so that’s £11 profit for 5 minutes work on top of anything you win with the £10 – I’d say start with the sports offers though and take it from there.

      If you have any questions or want walking through the first few offers or whatever on skype I am happy to help, just comment here or drop me an email at khirsah@ntlworld.com

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