Mаtched bеtting (also known as back bet matching, lay bet matching or double bеtting) is a bеtting technique used by individuals to profit from the free bets and incentives offered by betting sites. It is generally considered risk-free as it is based on the application of a mathematical equation rather than chance.
Matched betting is a way to convert free bets from online bookmakers into betting profit or real money. This can be accomplished by placing several wagers on all possible outcomes of a sporting event. You can earn every time you do this because it doesn't matter which team win the event. Use the Profit Accumulator matched betting calculator, betting guides and other betting tool to increase your bank balance!
Sign up for the Profit Accumulator free trial and make over £40 in free qualifying bets and offers or if you prefer to learn by doing. No credit card information is required, and there is no commitment to buy. It's all on us this time...Get a free matched bet today!
By signing up you can enjoy free matched bet offers daily from large online bookmakers, such as William Hill and Paddy Power then use a betting exchange such as Betfair or Smarkets to lay your bets.
Matched Betting - The Law
As you know, it is completely legal to gamble in the UK. Bookmakers like William Hill and Paddy Power exist both online and on our high streets, and anyone over the age of 18 can use them. But it is a very competitive industry, and the bookies use special offers like free bets and price boosts as a way to attract thousands of people and turn them into paying customers.
Matched Betting is simply a way to turn those special offers into cash. The bookies might not like it, because we’re taking profit from them. But, as long as you’re over the age of 18, Matched Betting is 100% legal.
If The Bookies Don’t Like It, Why Do They Allow It?
The betting industry don’t like Matched Betting, because it reduces their betting earnings. But, the bookies also know that they have to run betting offers to attract new customers and keep them. So the bookies have to put up with Matched Bettors to remain competitive.
If the bookies do suspect someone is Matched Betting through their sports betting activity, then they can choose to stop you from doing offers with them. This is called a gubbing. As Matched Bettors, getting gubbed from some bookmakers is a completely normal part of the process and nothing for you to worry about. When it happens, you can just move on to doing offers with other bookies. Plus, there are ways for you to reduce your risk of your betting accounts being gubbed.
Why Isn’t Everyone Doing It?
You might be wondering, if Matched Betting is legal, and you can make all this extra money, why isn’t everyone doing it? And that’s a fair question. But, there are lots of reasons why someone may not have started Matched Betting.
Often common misconceptions put people off giving it a try. Things like worrying that it’s gambling, that you might need lots of money to start, or that you need to know lots about sports. The truth is when done right, Matched Betting isn’t gambling. You can start with as little as £30, and most of our new members join knowing nothing about sports or betting! In fact it's only human error why you might lose money i.e. if you place a bet incorrectly.
But there’s an even bigger reason why everyone isn’t doing it…
And that is that most people simply haven’t heard of Matched Betting yet. That means that they haven’t discovered what an amazing way it is to make some extra money online.
Choosing A Betting Site
Betting is big business in the UK. According to Statista, there were over £2 billion worth of bets placed in the UK in 2020. If you like to bet, then chances are you’ve got an account with an online bookmaker. This way you can always place your bets whilst on the go. But, with over 100 online bookies to choose from in the UK, knowing where to place your bets can be a struggle.
In this post, we look at the factors that you should consider when picking which online betting site to use.
Do They Have A UK License?
Using a reputable and reliable bookmaker is very important. You want to be confident that your funds are protected and that your bets will always be honoured. A great place to start is ensuring that you pick an online betting site that is regulated by the Gambling Commission.
The Gambling Commission makes sure that gambling operators behave fairly and follow the strict gambling regulations. All of the main bookmakers in the UK will be regulated by the Gambling Commission, but if you find yourself looking at obscure bookies online, it’s worth checking to make sure that they are too.
If a bookmaker is regulated by the Gambling Commission, you can normally find details of this at the bottom of their website, including a link to their license information. If not, you can search the license database on the Gambling Commission website.
Free Matched Bet Offers
When joining a new online betting site, you will often be offered a free bet as a reward for registering and placing your first bet.
"A free bet is offered to punters by online bookmakers either as a reward for signing up or ongoing loyalty. Such offers can be used in order to try and win real cash earnings, however this is often made more difficult by the introduction of terms and conditions and potentially even wagering requirements. A free bet effectively takes out the risk element for punters, with wagers being staked using a token, rather than their own funds."
There is no shortage of free matched bet offers available. In fact, there are over £1000 worth of free bet offers available in the UK. Taking advantage of these free bet offers can be a great way to boost your chances of winning. But, it's important to always make sure you understand the terms and conditions of each offer that you do.
Must-See Free Matched Bet Blog Posts
You can find all our amazing blog posts here: Matched Betting blog.
But, I wanted to share with you a selection of my favourite blog posts.
These are 5 must-see posts that I strongly recommend checking out:
- Matched Betting - A Fresh Perspective
- Not started Matched Betting yet? Here’s what you’re missing out on!
- Less Than A Year After Starting The Free Trial, Matt Has Joined The £10,000 Profit Club!
- How Matched Betting for just a few minutes a day can boost your monthly income
- Tricks of the trade: How to become a highly profitable Matched Bettor
I'm sure you won't regret checking out these Matched Betting blog posts. They're full of valuable info!
Got Questions About Matched Betting?
If you’d like to ask our members how much you could make Matched Betting, or about how much time they spend Matched Betting and similar topics, then Profit Accumulator Facebook Group and Forum is a great place to do so. There are over 40,000 new and long-term members in the group. It's an amazing resource to take advantage of for any beginner!
Interested in Getting Started Matched Betting?
Alternatively, upgrade to our Platinum Membership here. You can easily make the cost of your membership back within an hour or so once you get the hang of things. Talk about value for money!