Disclaimer – If you or your family have gambling problems or an addictive personality, this isn’t for you. But if you want to learn about my other favourite way of making money online, click this link contact:
Click this link to take advantage of Oddsmonkeys free trialAbout
What is matched betting?
Matched betting takes advantage of bookmakers sign up offers e.g. bet £10 and get a £10 free bet. But how can we take advantage of this? To explain the concept the way Oddsmonkey does, say there was a two-for-one sale on TV’s. If you buy two TV’s for £100 and sell each of them for £90 on eBay, you have made an £80 profit. That is what matched betting is in a nutshell. You bet £10 to get a £10 free bet.
But what if I lose my bet? That’s the beauty of matched betting: We use something called an exchange to cover our bet. So, if we place £10 on Arsenal to win a game, we bet £10 on an exchange that Arsenal will not win. This ensures that matched betting is (almost) risk-free!
My matched betting Journey
Below is my profit graph.
I began my matched betting journey during lockdown in 2020, which meant that I couldn’t bet on English football games as they were cancelled at the time. I had to bet on Bulgarian games to take advantage of bookmaker offers. After finishing all the sign-up matched betting offers, I moved on to more advanced offerings such as casino offers and weekly betting clubs. I still do some advanced gambling offers and I made over £400 in 2024.
How can I get started?
The best way to get started with matched betting is to sign up to a matched betting service. These services put together all the bookmaker’s offers in one place, find suitable bets, include a way of keeping track of your accounts and include video tutorials.
Oddsmonkey
When I first got started I used oddsmonkey and took advantage of their sign up offer. Their website is simple to use for a beginner with video tutorials taking you step by step how to take advantage of bookmaker offers. They also have over 50 sign up offers worth over £750, over 60 weekly offers and access to their community forum. Oddmonkey is also good because unlike some of its competitors, their oddsmatcher can be filtered to make the most money possible from free bets.
Currently they offer a free trial where you can make £92 profit completely free. Their monthly plan starts at £39.99 so you can make a £52 profit and still get started with them!
Click this link to take advantage of Oddsmonkeys free trial now!
Separate bank account
I’d also recommend starting a new bank account and creating a new email account to help keep track of your matched betting. By clicking this link you can open a Monzo account and get a £10 bonus when you make you first card payment in 30 days (and you can help support the blog).
Is it worth doing matched betting?
While bookmakers have gotten wiser to our antics, you can still make over £750 from Oddsmonkeys initial offers.
How much money do I need to start?
You can start with as little as £100 (I started with £100), but the more money you have, the faster you can complete offers.
Click this link to take advantage of Oddsmonkeys free trial now and make £92 today!
Sign up to my email list to receive my pack of free resources to make the most out of your matched betting experience, to learn other ways to make money online and to get notified when I upload a new blog post.
Free resources include: Matched Betting spreadsheet, a guide to avoid being banned by bookmakers,
*DISCLAIMER: This blog makes money through affiliate links but I have tried everything on this website first, without any incentives from the companies themselves. Everything on this website is my personal opinion and any affiliates have no input in my reviews.
*DISCLAIMER: I’m legally required to state that there is no guarantee of specific results each month. The amount of money that you earn can vary dependant on the time and effort that you commit each month.
Image from beatingbetting.co.uk
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