Wondering how much you can make from matched betting?
It can actually be pretty lucrative and in this article we’ll look a how much money you can realistically make with the right tools and knowledge.
What is matched betting?
Matched betting is a rare form of betting that is considered risk free, as it relies on a proven formula rather than pure chance or a prediction. It’s also tax free in the UK. Since matched betting itself is seen as risk free, it’s not even technically gambling.
You can carry out matched betting alone and with the right knowledge probably earn a few hundred pounds plus, a month, fairly easily.
Alternatively, you can use an online service such as Profit Accumulator, which finds the bets for you and guides you step by step through each bet. People are currently earning up to £2k per month, with a couple of hours work per day, using Profit Accumulator.
How Does Matched Betting Work?
In its simplest form, matched betting essentially contains the following steps:
- You sign up to a bookmaker (Betfred, Coral, Betfair, Ladbrokes Totesport Stan James, 888sport etc) who is offering a free bet.
- You place the right bets to cover all possible outcomes. This will be in the form a back bet on a chosen race (i.e. to win) and a lay bet on the same race (i.e. to lose).
- You make a guaranteed profit, bank it and move on to a new offer.
If you have a reasonable understanding of the matched betting concept and process, plus have a decent grasp of numbers, it should be fairly easy to make a few hundred pounds a month, without too much effort.
Doing it this way obviously means all profits are completely yours. Keep in mind though, matched betting can be both complicated and time consuming, especially for newbies like I was. This is where help from online matched betting services can prove extremely handy, which I’ll come onto next.
Make Up to £2k Per Month With Matched Betting!
£2k a month. Sounds good doesn’t it!
If you are new to matched betting and want to try it out, Profit Accumulator is where I started.
Based on my own my own personal experience I can’t recommend it enough.
I’m personally more on around £500 per month right now, but I’ve been pretty cautious as this was all very new to me. What’s great about Profit Accumulator is that it’s very easy to use and makes matched betting accessible to all.
It’s also exceptional value, if you consider it offers the potential to make up to around £2k a month for a small monthly fee, with just a couple of hours work per day.
It’s perfect for beginners (or indeed seasoned matched betters), as it:
- introduces you to the whole matched betting process
- finds the bookmaker offers for you
- provides easy to use and up to date odds matching software
- provides a matched betting calculator that does all back and lay bet calculations for you
- guides you through each offer step by step.
Many people are making up to £2k A MONTH on Profit Accumulator month after month, by investing a couple of hours a day in the process. Many others are making £500 to a £1000 with around an hour investment a day.
You can try it out for nothing with the Profit Accumulator FREE TRIAL, where you can make up to £45 without even becoming a full member. That way you can see if matched betting might be for you.
Profit Accumulator do charge a monthly or annual fee, but in my view, it’s totally worth it, as it’s easy to make the monthly fee back in one bet and it saves so much time as they find and vet all free bookmaker bets before adding them to their website.
For more information, check out my full Profit Accumulator Review or the video review below:
Where To Get Help On Matched Betting For Free
If you want to go it alone, you can, of course, absolutely do so.
There are various sources and sites online that will help you get started.
Try one of these for starters:
Are There Any Risks to Matched Betting?
Keep in mind, whist matched betting is considered risk free, there is still always the risk of human error.
This is where some people come unstuck – either through not having properly grasped matched betting principles or through miscalculations in their bets.
If you are new to this form of betting and try to mercilessly squeeze every penny available from free bookie offers, or keep winning with the same bookie, there is also the risk of being ‘gubbed’. Bookies are out to make money at the end of the day, so if they see someone as non profitable, they can seriously limit the bets they are able to place, essentially making their account fairly useless.
How Much Can You Make From Matched Betting – The Bottom Line
If you have a reasonable understanding of matched betting and can work fairly well with numbers, there’s definitely the potential to make a few hundred pounds a month from matched betting. Some people make £500 and with a bit of work, I’ve seen people claim they can make up to around £1000.
Bear in mind though, doing matched betting can be complicated and time consuming and also runs the risk of human error if you are not 100% sure what you are doing .
Starting with a reputable matched betting website such as Profit Accumulator can be a great way for newbies to matched betting get a firm and highly accessible grasp of the process. It can work equally well for seasoned matched betters as well, allowing immediate and easy access to all the offers and software you’ll need to carry out matched betting, saving you a lot of time and energy.
I hope this article helped give you some idea of how much you can make from matched betting.
May your profits roll…
Disclaimer: Please note that neither the author nor the Matched Betting For Profit website accept any liability for how you use the information and links provided on this site. So please read it (and information you find elsewhere) carefully, as if you choose to cary out matched betting you do so at your own discretion and risk. Whilst matched betting is considered risk free, there is still always the risk of human error! Thanks.