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I often see people commenting saying they have made a lot more money since finishing the welcome offers, £1000-£1500 a month and such, but never saying exactly how...

Personally I have made a lot more profit every month since I finished the welcome offers, Usually around £400-£500 per month on average, depending on what sporting events are on.

People say that Match betting drys up once you finish the welcome offers but this is simply not true, it's a matter of being more organised and checking your email for new offers, while also checking the Reload Offers section on the site you use for match betting. Anyway, Below is a 3 part guide to how to achieve this:

Part 1: Before you Start

(1) You can start with as little as £20 but ideally and for the sake of attaining more profit in a faster time, My Personal Reccomendation would be to start with £100-£200.

(2) If you are careless, you can make mistakes. Like with any task, you must give it the level of precision it demands, a mistake when entering figures will cost you real money. When you read the guide below you will see that the process is very simple, but that means you must take extra care not to become complacent.

(3) If you have a history with Gambling, do not come near Matched Betting. Matched Betting is not Gambling, but the fact you will be using betting websites to facilitate a profit is too much of a temptation- It's not worth it.

(4) Matched betting won't affect your credit rating, however it's common sense that it doesn't look good to have numerous transations to betting sites on your bank statement. Open a seperate virtual bank account such as Starling/Revolut for all your Matched betting activity (It only takes 5 minutes, details below)

(5) Yes, It likely comes to an End. There's no exact duration of time for how long you can continue match betting before your accounts are gubbed (Meaning no longer eligible for promotions/free bets), For some people it's 2 years, for others it's 5 years. Is the fact that it's not a long term source of income a reason not to do it? I don't believe so, This is beermoney and the point is to make as much from an offer while you can, personally I'm coming up to 2 years now with all of my accounts still going strong. My only advice would be to make hay while the sun shines.

With that being said, Matched Betting really is a solid way to secure £400-£500 in a very short time and then continue earning £100s every month. It's the reason I was able to pay my first couple of month's rent when I moved to the UK and to this day still remains a handy way to pay the bills every month.

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Part 2: Starting out

Having done my research and having been able to turn a really nice profit in such a short time, I wanted to make a short guide to eliminate people's doubts and simplify things a little. Since it really doesn't take a lot of time to hit that £500 profit mark, it's a shame not to try it out. Anyway, Here it goes:

I was sceptical as hell about Match betting because a friend showed me the Facebook groups and it just looked like a giant gambling pyramid scheme. It turns out there is a decent chunk of change to be made from it, you just need to follow the guides and never ever actually gamble with your money.

Never ever Gamble? Yes That's right, you are going to be using Gambling sites to complete the various offers, but the whole idea behind match betting is that every time you "make a bet", you match that same bet on the exchange. So for example, if I bet £10 for Real Madrid to Win on the Bookie Site at odds of 2.5, I then also make a Matched bet on the Exchange (This is a separate site such as Smarkets or Betfair) where I bet for Real Madrid not to win at odds of 2.5 (or as close as I can get to those odds). In this way I am covered in all outcomes (win, lose or draw), and it allows me to fulfill the requirements of the bookies offer (For example Bet £10 and get £30 in Free bets)

What's the difference between the Bookie Site and the Exchange? On the Exchange Site you are basically being the Bookie and just like a Bookie, you have liability. If I bet £10 and my bet wins at odds of 2.5 then I win £25, so the bookies liability for this bet is £15, the extra money that they would have to give me if I win. There are calculators on the Match betting sites which you can use to calculate what Liability you need to enter on the exchange each time you make your matched bet. There is also software to help you find what games have the closest odds on both the bookies and the exchange, which is very important.

What do I do when I get my free bets? It's the same process again, You find a game that has very close odds on both the bookies and the exchange (You can do this by eye or by using odds matching software. This software is availble on the match betting site you sign up to, see below). Only this time when you use the calculator to work out your liability, you will set it to "Free bets SNR" so it knows you are not using real money. It will tell you how much Liability to use in the exchange and off you go.

How does this make me money? The fact that you have a free bet to use is what makes you money, For example a £30 free bet at odds of 5.5 in the bookies will win you £135 (30x 4.5, because the original free bet stake of £30 is not returned to you). Now let's say that the closest odds I can find in the Exchange for the same game are 6.0, I will need a liability of £112.50 to match my free bet in the bookies ( I use the calculator to work this out)

£135- 112.50 = £22.50 in Profit.

Alternatively if my bet on the exchange wins, I will lose the free bet of £30 (but it's not actually a loss to me because It's not real money) and I will win £22.50 on the exchange. Either way, I make a Profit of £22.50

What about providing card details? You can use a separate, virtual bank account for all your match betting, In this way your main banking information is not shared with any of the sites you sign up to and all of your match betting transactions never go near your main bank account. A good one to use is Revolut or Starling. Personally I use Revolut, The app is super easy to use and it only takes 5 minutes to open an account. It's also totally free to open and they also have a great referral scheme where you get between £37-£75 for inviting a friend.

Revolut sign up here: Referral | Non Ref

Starling sign up: Here

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Where can I learn to do it?

The site that I use is called Profit Accumulator, It's the most popular Matched Betting site in the UK with over 150,000 members.

I worked my way down through the list of welcome offers, nice and handy, and having completed 20 offers at 15 minutes per offer, I came out at £470 for 5 hours total of work.

If you are new to this site and are opening a free account, you can use my Referral (£10) to sign up and earn £40 during your free trial (You don't need to enter a referral code during sign up if you go to the site through the referral link above).

After earning £40 and seeing what the site has to offer, you can decide whether or not to continue using Profit Accumulator with a monthly subcription of £24.99. In my opinion, it's well worth the investment. With access to the largest private matched betting forum in the UK so you never miss an offer, Oddsmatching Software to aid effortless match finding, 100s of extra reload offers and guides, as well as a support team to help you along the way, I really can't recommend these guys enough.

Also, The profit you make monthly will always be much higher than the cost of the subscription, and of course you can cancel at any time.

Non ref: Here

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TLDR: You do not need to "gamble" to match bet, in fact by definition, the bet you make is "matched" on the exchange, so it is not a gamble in any sense.

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Part 3: Continuing to Earn

I think one of the biggest issues with Match betting is people claiming earnings of £1000-£2000 per month but never actually explaining how they do it.

When I look at my earnings for the last 2 months, I see that in March I made £423 and in April I made £233. In July and August of 2020 I came close to earning £1000 for each month, but this was because of the immense amount of sporting offers on at the time. The point is, Every month there will be different offers available which means a different amount of profit, so the key to making the most from matched betting is to take advantadge of the offers available every month, and to be aware of their existence in the first place (as obvious as that may sound)

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Taking the month of March from this year, Here is exactly how I earned the £423 figure that I refer to above:

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• 2nd/3rd/4th place Horse Racing offers: These are offers where you get a refund in the form of a free bet or cash if your horse comes 2nd, 3rd or 4th. £67 in March
• Personalised Offers: These are sent to you exclusively by email, but they may often show up in the reload section or forum of your match betting site. They can be free bets, Cash bonuses or Bet X Get Y offers: £105 in March
• Bet X Get Y: These are offers where betting a certain amount awards you with free bets of a certain value: £83 in March
• Deposit offers: Depositing a certain amount awards you with a cash bonus or a bonus that needs to be wagered or bet. £38 in March
• Enhanced odds: This is when bookies enhance the odds on their side, meaning you can profit simply by matching your bet on the exchange: £43 in March
• Money back if you lose: An offer where the value of your bet is refunded as a free bet if you lose. £27 in March
• Bet Clubs: Requires you to make a certain amount of bets every week to be awarded a free bet at the end of the week: £34 in March
• Two halves offers: Related to football, make a bet in the first half and be awarded in the second. £26 in March

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So the amount you earn monthly comes down to a few things:

(1) Check your email every day, don't underestimate the importance of this.

(2) Check the offers section of Profit Accumulator daily to see new offers, and also use their forum to see what offers people are talking about, I've found some absolute gems in this way.

(3) Offers change all the time- Don't let this put you off. There are always new offers to replace the previous ones.

(4) It all adds up. Don't think "It's only a £5 free bet, not worth matching". Some months I get around 20 £5 free bets, If I ignored them all I would be down £100 at the end of the month.

(5) Some months are better than others and it can vary quite a bit depending on the time of year, A very modest month should earn you £200-£300, an average/good month is £400-£500 and a great month can be anywhere between £500-£1000 (My best months are generally in the summer or during festivals)

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And that's it, I hope this guide can be of help to some people, if you have any questions at all just ask.

Cheers