Matched Betting Guide Risk-Free Profit from Free Bets 2025

Matched Betting How it Works and How to Use it to Win

For example, free sites often leave out Casino and Bingo offers – an incredibly profitable and vital part of your matched betting strategy in 2020. They are the ones that offer the bonus bets and promotions that matched bettors can turn into cash, and it is where you place your qualifying and hedge bets. Matched betting is a risk-reduced betting strategy that involves placing bets on all outcomes of a sports event to unlock and convert sportsbook promotions into profit. It’s most often used with sign-up offers or bonus bets and doesn’t rely on luck, but on careful planning and execution. Bookmakers often boost the odds on specific outcomes to attract more bets. With matched betting, you can use these boosted odds to secure guaranteed profits by placing a corresponding lay bet.

• As with regular bookmakers, these allow you to place a bet that something will happen.
• As well as the signup offers and new account offers we’ve discussed already, ProfitDuel also shows you how to make matched betting profits from ongoing offers.
• Outplayed’s profit tracker helps you keep track of everything, whether you’re Matched Betting or value betting using our tools, allowing you to stay organised with next to no effort on your part.
• Welcome to the biggest & best no-risk matched betting guide on this planet.
• The calculator will then tell you how much you need to stake at Smarkets to be as close to breaking even as possible.

Once the event you placed your bonus bet on has finished, you’ll be ready to cash in your profits. Matched betting is one of the fastest-growing side hustles in the United States. Since 2019, 25+ states have opened their doors to this money-making trend. This one became a life saver with the bookies that take forever to process your withdrawals. I hated thinking I’d lost money – this allowed me to spot a slow bookie and sometimes nag them on the live chat to see what was going on.

FAKE-BOOKMAKER.com, who we’ve invented for the purpose of this post, are promising you a £25 free bet if you deposit and bet £25 of your own money. Don’t worry if you get a little bit confused, you’ll pick it all up in no time. I’m going to show you, step-by-step, the strategy I’ve used to make over £75,000 in the easiest profits I could have imagined.

By completing these offers regularly, you can make steady, ongoing profits through your Matched Betting. With our Premium Subscription plan, members receive frequent updates on new offers, ensuring they have a continuous stream of opportunities for earning additional income. Premium members also have access to more offers and a wider range of resources, ultimately helping to increase their earning potential. Individuals attempt to gain an unfair advantage by signing up for several accounts with a single sportsbook using different identities, home addresses or other fraudulent details. Some even choose to use a VPN (virtual private network) to hide their true identity. Tips, predictions, and strategy published on this website are only our own opinions.

Understanding the Mechanics of Matched Betting

So, this means taking advantage of more than just the welcome bonus. Online sportsbooks feature ongoing promos such as profit boosts, reload bonuses, deposit matches, and others. One of the best methods for making matched bets is to use the free bets you earn as a newcomer to any sports betting site, though the amount you can get will vary based on the platform.

Some sportsbooks will give you the funds regardless, so long as you make your first deposit and place your first wager. It’s much better to choose a sportsbook that will give you bonus bets no matter the outcome of your first bet, especially if you want to use matched betting as a strategy. Matched betting is similar to arbitrage betting, where the punter places multiple events in a game or event, giving them a profit regardless of the outcomes.

Using no risk matched betting, you can extract a great deal of profit from these offers on a daily basis. Typically, bettors aim to withdraw at least 80% of a free bet in cash. Premium sites will have more features, including dedicated tools and software to help maximise your matched betting profit.

Meet your football betting target

These advanced strategies can help you squeeze even more profit out of your bets. Remember, though, with greater rewards often come greater risks, so approach these techniques carefully. The more accounts you have, the more opportunities you can take advantage of.

Managing multiple accounts can yield higher profits, but it’s not an airtight approach, for the sportsbooks can still find out what you’re up to. Many platforms use advanced systems or algorithms to detect multi-accounting, so we recommend that our readers take it easy with too many accounts going at a single sportsbook. Using one account and taking advantage of other bonus offers outside the initial welcome, such as profit boosts, reload offers, or deposit bonuses. The biggest reason that matched betting software can benefit a sports bettor is the time it can save someone looking for matched betting opportunities.

As an Outplayed member, you have access to experienced Matched Betting experts who are available to answer your questions and help you through your journey. But, instead of focusing on your profit, you should focus on how much EV you’re taking. An “Extra Place” is when the bookmaker says they will add one (or more) additional places to their standard place classification on a particular race. However, you should of course do all you can to stay off the bookmaker’s gubbed list to help you profit more for longer.

What’s the biggest risk with matched betting?

You’ll need to use other methods too – find out more in our dedicated gubbing article. If it increases the profitability and long term success of matched betting, it’s a no brainer. Comments like ‘mug betting is dead‘, ‘it takes a lot of time‘ and ‘you lose money placing mug bets’ we’re liberally thrown about… you get the picture. Matched betting involves placing two bets at different betting companies. One of the key components to a successful matched betting site are the tutorials available.

Let’s look at your overall profit/loss for the potential outcomes. You’ll parimatch login need to deposit enough funds into your Smarkets account to cover your £12.52 liability. Don’t worry; your winnings at Betfred will cover this but for a few pence. To work out your returns with decimal odds, you simply multiply your stake by the odds.

There are three main ways you can use to find profitable extra place bets. To place an each-way bet, you need to select the odds for your horse in the normal bookmaker “win” market to add your selection to the bet slip. More specifically, in horse racing, it’s a bet on the horse to win AND a bet on the horse to place. In races with large numbers of horses running some bookmakers may also classify a horse finishing the race in 1st, 2nd, 3rd or 4th position as “placing” as well.