It would be very easy to presume that August is a bit of a wind-down - or for that matter, warm-up - month in the sporting calendar. In most years, it probably would be, given that this is the month the Premier League begins in earnest.

In 2016, however, the situation is very different, in large part thanks to the Summer Olympics to which we would urge anyone wishing to make money from betting to pay close attention.

Throw in one of Formula One's true 'blue riband' events and the final Grand Slam tennis tournament of the year, and you've got a pretty busy August calendar ahead of you if you are planning to spend the month placing matched bets.

Olympic Games, Rio de Janeiro, Brazil

You may have presumed that the mere return of the world's biggest and greatest multi-sport event would be news enough, but the run-up to Brazilian city Rio de Janeiro's turn as Summer Olympics host has been dominated by controversies ranging from the Zika virus to the Russian doping scandal.

Thankfully, not everyone has been distracted from any talk about the actual sport - least of all, ourselves here at Profit Accumulator!

Even the most avid sports betting fans will have to familiarise themselves with some new names if they want to pick out the matched bets that will bring them the greatest success at Rio 2016, and there's no question that there are some incredible subplots to follow.

Will the world's fastest man, Usain Bolt, complete an astonishing "Triple-Triple" as he takes on the 100 metres, 200m and 4x100m relay events? Will 19-year old swimmer Katie Ledecky sustain her record of winning every major international race she has competed in? How will British heroes like Jessica Ennis-Hill, Tom Daley and Bradley Wiggins fare?

With the opening ceremony set to take place in the Maracana Stadium on 5th August, we don't have long to wait for answers to all of these questions - and many more.

Premier League season begins

If you thought Leicester City's extremely unlikely title success last season had rendered the task of trying to make money from betting nigh-on impossible, you really will be spoilt for choice in terms of potential league winners this season. This is reflected by the Foxes attracting odds as long as 33-1 at such bookies as BetStars, Betway and Marathonbet.

Unsurprisingly heading the favourites list this time around are Manchester City, who have recently hired possibly the world's finest football manager right now in ex-Barcelona and Bayern Munich boss Pep Guardiola, bringing odds of 5/2 from the likes of 32Red, bet365 and 888sport.

But if any man could stand to upset the Spaniard's fairy story, it has to be his agitator-in-chief during their shared time in La Liga, one-time Real Madrid coach Jose Mourinho. Now at the helm of Manchester United after Louis van Gaal's dismissal, the notorious (not to mention notoriously trophy-winning) Portuguese is surely the man to revive the Red Devils' flagging fortunes since Sir Alex Ferguson's 2013 retirement.

Consider such other key development as Antonio Conte's installation as Chelsea boss after Mourinho's December exit and Jurgen Klopp getting the opportunity of a first full season as boss of Liverpool, and it's clear that 2016-17 could be the Premier League's most dramatic and fascinating season yet.

Formula One Belgian Grand Prix, Spa-Francorchamps

Fresh from his incredible sixth win in seven races at the German Grand Prix - the home race of his Mercedes team-mate and title adversary Nico Rosberg, no less - Britain's Lewis Hamilton enjoys a 19-point lead in the Formula One standings and has never been in a stronger position to claim his fourth crown.

How will he do at one of the most thrilling races in the calendar, the Belgian Grand Prix at the legendary Spa-Francorchamps, from 26th to 28th August? He is predictably made 5/6 favourite at BetStars, while bwin has him at 1/4 to claim the year-end drivers' title.

Tennis US Open, New York

Such are the wealth of sports betting opportunities to make the most of at the Olympics and in the early weeks of the Premier League season alone this August, it would be very easy to forget that no less than the US Open tennis tournament also begins in earnest from 29th August, running until 11th September.

Heading the favourites for the men's singles title is, inevitably, defending champion Novak Djokovic, who has been given 5/6 odds at Paddypower and Coral. If it's the ladies' contest that you would like to have a flutter on, meanwhile, you'll get odds of 5/4 on Serena Williams at Betfair, defending champion Flavia Pennetta having retired at the end of last season.

Remember that whatever your experience, tastes or inclinations when it comes to sports betting, Profit Accumulator can be continually by your side to ensure you make money online to the tune of potentially thousands of pounds each month. All that you have to do is sign up with us today and start following our instructions on how to place matched bets.