Plenty of us enjoy a flutter on the footy but most will testify that the old adage “the bookie always wins” is spot-on.
You might get lucky with a big acca win or a nice return from a scorecast once in a while but, unless you’re particularly blessed, over a long enough period of time, you’re likely to end up out of pocket.
If you’re serious about earning money from bookmakers, then matched betting is the way forward.
Matched betting is a process that involves placing bets on opposite outcomes to neutralise the risk and earn an income from the bookies’ bonus – such as a free bets or cash back.
Services such as those online at Profit Accumulator help guide people through the process and highlight offers every day to ensure a sustainable guaranteed income. Oh, and the sweet thing is, all the profit earned is tax-free.
What is matched betting?
It basically involves placing two bets on opposite outcomes with two different bookies to trigger the bookie’s bonus.
For example, let’s imagine Coral are giving away a free £10 bet if you bet £10 on the Merseyside derby.
You would back Liverpool to beat Everton with Coral and then betting against (laying) Liverpool to beat Everton with Betfair Exchange.
This guarantees one of your bets will win, so you get your stake back, but also triggers the free £10 bet – so you get a £10 profit.
Who can do matched betting?
Anyone who can open a betting account can do it, but it’s particularly popular with students and stay-at-home parents. Even if you already have some account with bookmakers, you can still make money. The sheer number of licensed bookmakers in the UK that offer free bets means there’s always profit available.
It appeals to people largely because it’s a convenient way of making a bit of extra cash from home, working whenever it suits them. You can do it as little or as much as you like and, once you’ve got the hang of it, it’s pretty straightforward.
The amount you can make from matched betting very much depends on your circumstances and how much time you can dedicate to it.
You don’t have to be a gambling expert or even into sport, it’s really just about following instructions and being organised.
Profit Accumulator offers a free trial, with two bookmaker offers that give you an idea of how it works. You can make up to £45 from those offers.
How is it sustainable?
The quickest way to earn money from matched betting is by completing as many bookie sign-up offers as possible, as these are often the most generous.
But what comes after that? Well, bookies are continually offering free bets and other incentives to keep customers coming back and these “reload” offers are how matched bettors keep the money coming in.
So, even if you already have accounts with loads of bookies, there’s still plenty of regular money to be made from matched betting.
You just need to know how…
Matched betting services
The main problem matched bettors used to face was the time it takes to find all the offers and close-matching odds.
This is how Profit Accumulator was born. Identifying a need to make the process clearer and quicker, the company was registered in 2014 and now has more than 20,000 subscribers.
Profit Accumulator members pay a subscription fee. For this, they are given a comprehensive guide to matched betting – from starting out to advanced techniques.
The website features a range of video tutorials and step-by-step written guides.
Bookmakers introduce offers throughout every day, so the team at Profit Accumulator monitor all of these, flag them up to members and explain how maximise earnings from each promotion.
The company has also fostered a strong sense of community among its subscribers. The Profit Accumulator forum is the biggest of its kind, where more than 49,000 users have shared their advice, experiences and celebrated their success.
As well as the forum, members have access to unlimited customer support via the helpdesk. Queries can range from simple to technical, which calls on the support team’s strong expertise.