Frequently Asked Questions

Newbies

How much can I make from matched betting?

Matched betting is one of the easiest ways to make money online.

Matched betting newbies can make over £1,000.00 profit from all of the bookmaker welcome offers.

Once you’ve taken your time working through those, you’ll then have the experience and confidence to move onto the reload offers.

Reload offers are offers for existing customers, designed to keep customers betting and ‘reloading’ their accounts with funds. Unlike welcome offers where we can only do them once, reload offers occur on a daily basis and enable us to keep the profits rolling in.

The more time you can commit to matched betting, the more you can make. If you spend around 30 minutes a day doing the basic reload offers, a monthly profit of £500.00 is very achievable.

Is matched betting risk-free?

The matched betting process itself, can be considered risk-free. By covering all outcomes of an event, we are able to make a profit regardless of the outcome.

There is, however, always the potential for human error, so care must be taken when placing bets.

Learning the matched betting process is not something that should be rushed. It’s important that you read my guides carefully and fully understand how matched betting works before you place any bets.

Do I need any previous betting experience?

Matched betting is available to EVERYONE.

It’s just simple maths, so it really doesn’t matter if you’ve never placed a bet before.

Seasoned bettors will benefit from being familiar with bookmakers and how they work.

On the other hand though, it’s good if you haven’t placed a bet before as it means you’ll be able to take advantage of more new customer offers!

Do I need to know about sports?

You don’t need any sports knowledge to be successful at matched betting.

Matched betting is a process of matching bets and most of the time, it really doesn’t matter what the outcome is.

Admittedly, for a sports fan, matched betting can make following the action even more enjoyable, but having sporting knowledge isn’t necessarily an advantage. Sentiment towards a particular outcome can lead to poor decision making.

It’s much more effective to treat matched betting as a process and make your selections based purely on the odds and without bias.

Do I need to be good at maths?

Matched betting is all about stakes and odds, so being good with numbers is certainly a benefit.

If numbers aren’t your thing though, there’s no need to worry.

I’ve created a matched betting calculator that does all of the hard work for us. Just enter your stakes and odds and the calculator will do the rest!

How much do I need to start matched betting?

You can start with a bankroll as small as £50.00, but ideally you want to start with a little more.

The bigger your starting bankroll, the quicker you can move your cash between bookmakers and start building up your bankroll. £500.00 is a nice amount to get started.

It’s perfectly fine to start with less though, you’ll just need to focus on the smaller welcome offers and work your way up.

Can I earn a living from matched betting?

The short answer to this question is yes, but it’s not that straightforward.

I’ve spoken to plenty of people over the last few years who have given up day jobs to do matched betting full-time.

It’s really only an option for those that have taken their matched betting to the next level by studying the more advanced methods beyond the basic reload offers.

There’s a lot to learn before you get to that stage, but it’s certainly a possibility for those with the determination and commitment required.

How much time do I need to make serious money from matched betting?

When it comes to matched betting, you certainly reap what you sow.

The more time you’re able to commit to studying the various different methods, the more money you’ll be able to make.

To make serious money from matched betting, you’ll need to spend at least a few hours each day learning and honing your skills.

Next Step
Matched Betting Guide

Get Started

Comments


  1. Joe

    Guest user

    Hi cool blog I was wondering is it still possible to make serious money matched betting without getting involved with the horses as I don’t agree with horse racing but I like the idea of matched betting on football etc?

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    Reply
    1. Matt

      193

      There’s money to be made from other sports Joe, but horse racing is certainly a big part of matched betting. I can understand your stance with regards to horse racing and it’s good to see that they’re looking to introduce measures to make racing safer for the horses.

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      Reply
  2. Neil H

    Guest user

    On your calculator it brings up the commission as 5% and how much the lay bet must be. With Betfair commission now at 0%, I take it this will adjust the lay bet amount you need to place.

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    Reply
    1. Matt

      193

      The ‘Lay commission‘ field is now blank by default Neil, so you can simply enter the percentage that applies to your exchange account to get the correct lay stake.

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      Reply
  3. Jon M

    Guest user

    Hi Matt,

    I’ve followed your blog for a few months and everything’s going well. However, I have just had an email from another guy warning me about ie snare. Do you know anything about this? Do I need to worry?

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    Reply
  4. M. Gilroy

    Guest user

    What betting sites let you back on place only.

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    Reply
  5. Dan

    Guest user

    Hello. Can you tell me a site which compares betfair odds to the following sites?

    Netbet, winmasters, stanleybet, casapariurilor, betstars, efortuna, superbet, sportingbet, unibet, betano, mozzartbet, baumbet, admiral, efbet, getsbet, redsevens, publicwin, maxbet, 888sport.

    These sites are the only ones that are available in my country but if I look up manually I find much higher odds to lay on betfair than those offered by the bookies above. Thank you.

    +0
    Reply
    1. Matt

      193

      OddsMonkey have a great Oddsmatcher tool that features a few of those listed bookmakers.

      Hope that helps.

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      Reply

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