The new football season will be here before we know it and there are plenty of other sporting events to earn money on via matched betting. What exactly is it though? How does it work? How much can you make and is it even legal? Let's have a look at some answers to those questions and more. This is matched betting explained so you can start today.
What Is Matched Betting?
You might have seen bookmakers offering new customer offers and free bets in order to get people to sign up with them. Matched betting is all about using said offers to create a guaranteed profit. To kickstart your matched betting journey you need matched betting explained. You need to understand what it is all about and how it properly works. A great way of getting to grips with it is by using this great offer from Outplayed.com (Previously Outplayed.com (Previously Profit Accumulator)). It will help you start making money from matched betting. You need to remember that matched betting requires time and effort along with following the steps properly. Plenty of people do this and there is money to be made from it! Use your spare time to add some money to your bank account.
How Does Matched Betting Work?
How does it work though? What do you actually have to do? Let's have a look at matched betting explained and detail it in simple terms.
Matched betting is when you cover all possible outcomes to guarantee a profit from your bets. Sounds simple enough.
By using free bets and bookmaker promotions you turn a profit. Let's look at an example. You place a back bet (Chelsea to win) then place a lay bet at a betting exchange for the opposite result. In this example it would be for Chelsea not to win. The amount of money you make will vary depending on different factors but all of this money you earn is tax free!
If you are wondering about the legalities, it's worth noting that making money by matched betting is 100% legal!
How Much Cash Have I Made?
You can see all my previous matched betting income below. Please note that from January 2017 I have been focusing on growing my business with a provable income, with a lot less time to dedicate to it:- Month 1 earnings – £1,430
- Month 2 earnings – £1,619
- Month 3 earnings (including a Q&A) – £849
- October 2015 earnings – £1,105 (Remember that month 3 also overlaps into October 2015 as I switched to reporting it per calendar month.)
- November 2015 earnings– £915
- December 2015 earnings – £1,347
- January 2016 earnings – £777
- February 2016 earnings – £393 (on holiday for 2 weeks)
- March 2016 earnings – £701.64
- April 2016 earnings – £622.36
- May 2016 earnings – £1,019.16
- June 2016 earnings – £447.18 (away for a week)
- July 2016 earnings – £689.52
- August 2016 earnings – £491.86
- September 2016 earnings – £279.29
- October 2016 earnings – £691.85
- November 2016 earnings – £773.74
- December 2016 – £0.00 (took a break)
- January 2017 – £473.43
- February 2017 – £514.97
- March 2017 – £214.12
- April 2017 – £394.76
- May 2017 – £481.25
- June 2017 – £249.68
- July 2017 – £158.73
- August 2017 – £301.58
- September 2017 – £427.61
- October 2017 – £203.83 (away for 2 weeks)
- November 2017 – £45.84 (away for most of the month)
- December 2017 – £187.24
- January 2018 – £349.54
- February 2018 – £223.39
- March 2018 – £493.01
- April 2018 – £189.31
- May 2018 – took a break
- June 2018 – took a break
- July 2018 – £139.32
- August 2018 – £301.65
- September 2018 – £121.94 (on holiday)
- October 2018 – £328.51
- November 2018 – £459.31
- December 2018 – £258.45
- January 2019 – £148.37
- February 2019 – £199.84
- March 2019 – £579.54
- April onwards – paused for a mortgage application
As you can see, the earnings are there. You could add an extra £100 to your bank account every month, or maybe over £1000! What would that money cover? Your rent, your mortgage payments, your bills. Maybe you could put it away for a rainy day or save up for something specific like a holiday?
What Should You Bet On?
It doesn't really matter what you bet on, as long as you follow the steps to turn a profit. With the new football season arriving soon, maybe you focus on matched betting at a weekend because that's when the games are on an that's when you have free time? It's good to know that there are loads of bookmakers offering free bets and new customers bonuses. Matched betting explained makes everything easier and you can be on your way to making money matched betting when you use the Outplayed.com (Previously Outplayed.com (Previously Profit Accumulator)) offer.
Free Monthly Matched Betting Calendar
Download your free monthly matched betting calendar to keep up to date with all the high-profile sporting events happening in 2021/2022.
Around the time of these events reload offers will be more frequent so print off this calendar and keep it to hand to boost your matched betting profits.
Complete your name and email address below to get your free download.
Join my Matched Betting Facebook group
I am really excited to let you know that my matched betting Facebook group is open to new members again! This group has nearly 5,000 matched betting members who support each other.
It is somewhere to ask questions and even celebrate your matched betting success. We would love you to come and join in!
Click here to join the Facebook Group
