Can you do matched betting long term?

Alex Lumpkins asked, updated on April 1st, 2021; Topic: matched betting
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Long-term matched betting is entirely possible. Profit Accumulator is home to thousands of members who continue to earn profits each month, long after the sign-up offers and free bets have dried up.

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Brief, how much can you make a month matched betting?

Matched betting is a very profitable side hustle. The first question I answer when talking about it is this: How much can I realistically make matched betting? TL;DR: You can make £500-600 per month doing matched betting for 4 hours per week. However, the profit you make depends on the time you spend doing it.

As a result, is matched betting guaranteed? Matched betting is a technique that mathematically guarantees a profit from free bet promotions offered by betting companies. Almost all bookmakers advertise these offers to entice new customers to place bets with them.

Anyhoo, is matched betting ethical?

Many people instantly and mistakenly think matched betting is gambling. It's not. Matched betting is, in fact, a legit way to make extra cash at home by taking advantage of the bookies offers using a mathematical equation to extract profit.

Can you make money from free bets?

You stake the free bets, then using a betting exchange such as Betfair – which acts a marketplace between bettors – "lay" (bet against) your original bet. By laying the right amount, you guarantee a profit regardless of the result.

4 Related Questions Answered

Are odds monkey worth it?

At that price it's definitely worth it! Simply, OddsMonkey manages to do the following key things really well: Gives access quality tutorials and the knowledge you need to successfully Matched Bet. Provides easy, simple to use tools that make matched betting easier (particularly OddsMatcher)

Can I use PayPal for matched betting?

You can certainly use Paypal as most bookmakers accepts Paypal and will give you their Welcome Offer. However, increasingly more and more bookmakers are adding it to their terms and conditions that they don't allow welcome offers if the deposit method was Paypal - so please do be sure to check!

How do you use matched betting?

Basically, matched betting involves placing multiple bets to trigger these offers. One back bet is placed (e.g. for Team A to win) and then one lay bet is placed at a betting exchange, but for the opposite result (e.g. Team A not to win). Regardless of the outcome of the event, the value of the free bet is unlocked.

Do betting companies do credit checks?

That's good news! It's also backed up by the consumer credit reporting company Experian who have said in relation to betting accounts: ... These checks will show up on your credit file but mortgage companies and other lenders will not be able to see this information and the won't affect your credit score in any way.