Matched Betting – Risk Free, Tax Free Profit

I feel very nostalgic writing this post: matched betting was the start of my independence. It was these humble beginnings that convinced me not to get a regular job and, many years down the road, to start this blog.

During the Summer holiday of my second year at university I made myself a promise: if I could make £250 a week from matched betting then I wouldn’t get a job but would spend the next few years building my own business. I have never looked back.

I had never come across anything like matched betting before. In the back of my mind, there had always been the idea that one day I will start an awesome company that would be the answer to all my dreams and make me a multi-millionaire. But it was really only a pipe dream; in my more truthful moments, I knew that it would involve a tremendous amount of work with a great deal of risk attached and no guarantee of reward.

Matched betting is nothing like that. In fact, it sounds way too good to be true: a simple system where the profit is totally risk and tax free. With an an hourly rate rewarding enough to make even the most handsomely paid lawyer’s eyes water. As I said it sounds too good to be true.

But it is true.

If you live in the UK you will have seen adverts from bookmakers everywhere, offering stuff like:

Sign up to William Hill and get a £50 free bet.
Apply to Bet365 and get a £200 bet.

This “free bet” must have a value to someone. I personally don’t want to bet, but surely there is someone out there who does. Is there a way to pass on or sell the free bet to someone who would use it? Well as a matter of fact there is a very easy way to do this. Betting exchanges are marketplaces where people are brought together to buy and sell (the technical terms are to back and lay) bets.

By using the “free bet” to buy a bet at the bookmaker and then selling the same bet on the exchange, we can be sure that regardless of the bet’s outcome we will be able to keep most of the value of the free bet.

Matched Betting – A Worked Through Example

Matched betting paid for a lot of my time at university, but that was quite a while ago and there have recently been some legal changes in the UK on how bookies are taxed. Is it still profitable? To find out, I work through an offer with a friend.

My favourite sign-up bonus used to be at Bet365. A quick check of their website shows that the offer is still there. Simply deposit £20-£200 and they will double your balance. Let’s take a look at the terms and conditions.

Check out the Betway case here

So after signing up to Bet365, if you deposit £200 and enter a bonus code they will give you a £200 bonus bringing the balance to £400. The downside is that you can’t just withdraw that money, before you are allowed to withdraw you need to have placed bets totalling at least £1,200. That sounds like a lot but let’s work through and see what it takes.

We signed up and immediately received an email with the offer code in it. After depositing, we entered the code and the bonus was added immediately.

We signed up and immediately received an email with the offer code in it. After depositing we entered the code and the bonus was added.

When buying a bet on bet365 we want to choose one that can be sold for similar or lower odds at Betfair. This used to take a lot of manual searching but now there are plenty of calculators online that do all the hard work for you. I headed to the free odds comparison service at Oddsmonkey to search for a match. You need to sign up for a free account to be able to access it.

mb_assist_crawley

I am looking for a bet that has low odds, which will reduce the amount of money I need to deposit at Betfair. But they need to be over 1.5 as that is a requirement from the terms and conditions. I also want a bet that is happening today, because I am lazy and want to make my money as quickly as possible.

Note: If you use this link when signing up, there’s a £20 free bet at Betfair too

Crawley Town v Gillingham stood out. The odds you can bet at are 2.15, and you can trade them off at 2.12 on Betfair.

Think about this for a second: you place a £10 bet at bet365 and ‘lay’ a £10 bet at Betfair. If the bet wins you will get £21.5 (10 x 2.15) from bet365 but only have to pay out £21.2 (10*2.12) at Betfair. A 30p profit! Unfortunately, you also have to pay a commission to Betfair which erodes that profit, but you are still reclaiming most of the value from the bet.

crawley

At Bet365, I had to place the balance in two £200 bets. One with my own deposit and once again with the bonus funds. The simplest thing to do would be to lay (sell) £400 at Betfair but we don’t favour the two outcomes identically. If the bet wins at Betfair I will have a large balance that I can withdraw immediately, but if it wins at Bet365 I will have to make another bet with the winnings in order to finish the £1,200 wagering requirement. In order to compensate me, I skew the outcomes so that if I win at Bet365 I will make more money. I lay (sold) two bets of £180 at Betfair to match the two bets of £200 I made at Bet365.

The red and green numbers by the names of the outcomes represent what happens in each situation. I make £360 (minus commision) if Crawley doesn't win, or lose £410.4 if Crawley does win. (remember the opposite bets are made at Bet365)
The red and green numbers by the names of the outcomes represent what happens in each situation. I make £360 (minus commission) if Crawley doesn’t win, or lose £410.4 if Crawley does win. (remember the opposite bets are made at Bet365)

The next day I logged in and found out that Crawley did not win. I had £0 at Bet365 and £342 of winnings in Betfair. As I had only deposited £200 at Bet365 that is £142 profit.

betfair settled

But what would have happened if Crawley had won? I would have lost £410.40 at Betfair, but would have made £460 at Bet365. That is a straight up £59.60 profit, which means that including the £200 free bet we are currently up £259.60.

Deposited at Bet365Current Balance at Bet365Loss at BetfairCurrent Profit
£200£860-£410.4£249.6

Then we would have had to place another bet of £800 to finish the £1,200 betting requirement.

Let’s assume that the odds were the same as the first bet and we placed a £800 bet at odds 2.15 at Bet365 and an £800 lay (sell) bet at odds of 2.13 at Betfair.

OutcomeStarting ProfitGain/Loss at Bet365Gain/Loss at BetfairGain/Loss from BetOverall Profit
Win at Betfair£259.6-£800£800-£40 commision-£40£219.6
Win at Bet365£259.6£920-£896£24£283.6

We had 3 possible outcomes with different profits:

  • Bet 1 wins at Betfair. Brilliant! Withdraw and spend the £142 profit.
  • Bet 1 wins at Bet365. Bet 2 wins at Betfair. Brilliant! Withdraw and spend the £219.6 profit.
  • Bet 1 wins at Bet365. Bet 2 wins at Bet365. Brilliant! Withdraw and spend the £283.6 profit.

You can change the amount made in each scenario by fiddling with the amount layed (sold) at Betfair.

Pretty simple, eh? That should take about 20 minutes and made a profit of £142. That’s £426 an hour! If you can find anyone who makes more than that, then please send them my way so they can write a guest post on how they do it! If the second bet was needed it would have taken another 10 minutes, but the profit would have much higher.

Yes, this is just one example and I already knew what I was doing. You’re not going to be able to replicate that hourly income day in day out. To make consistent money from matched betting you need to research the subject to find the opportunities. Your first few offers will probably be quite slow as you don’t want to make any mistakes, but it is certainly worth while.

Finding Offers

If I’ve got you excited about matched betting and you have done the Bet365 offer, you might well be thinking “what’s next?”. You can only do that introductory sign-up offer once, so how do you find other offers? Well, that is the hardest part of matched betting…

Generally offers can be split into either ‘sign-up offers’ or ‘reload offers’: A ‘sign-up offer’ is one that is similar to the Bet365 example above – you are taking advantage of an offer that is there to encourage people to sign up to the bookie. Once you have registered an account and done the offer, you can’t do it again. It’s a one-time only deal. ‘Reload offers’ are different, they are offered to people who already have an account with the bookie.

To begin with you will do all the best ‘sign-up offers’, and then once you have a lot of bookie accounts you can start working on the ‘reload offers’.

Not all promotions offered by bookies can be profited from through matched betting, so the work involved is sifting through the terms and conditions looking for loopholes. Luckily you won’t need to do that for a long time, other people have done all that hard work for you and there are enough offers around to keep you satisfied for many months.

Perhaps the most popular way to find these matched betting suitable offers is to get involved in a forum – for instance Money Saving Expert (which is free). They are very good for finding ‘reload offers’ or recently changed ‘sign-up offers’ and for discussing tactics. You can read my full review of the different matched betting forums here. The biggest downside is that any ‘sign-up offer’ that has been around for a long time will be buried deep in the forum and can take a long time to find and dig out.

The next most popular method is to use a matched betting subscription service that will spoon feed you offers in exchange for a small monthly fee.

Here is an in-depth look at what the best matched betting subscription services available are.

In summary, they cost a bit of money but mean you don’t need to spend your valuable time digging through forum post after forum post looking for offers. These services didn’t exist when I started out, and most are still in their infancy, but even so they can be a worthwhile investment. They are great for finding the basic ‘sign-up offers’ and for offer specific tutorials.

There are a few out there: Oddsmonkey is my favourite and costs £15 a month.

Post: Oddsmonkey Review 2017 – Matched Betting Software Compared

In exchange for your subscription fee, you get access to all the offers in their catalogue, including video/written tutorials on how to do each one. Just as usefully they all also have good support services where you can get help and ask any questions you want. If you’re nervous about doing your first offer, this could be the support you need.

I actually think they’re a bit of bargain. Perhaps because they’re so new. I reckon once they get some traction I wouldn’t be surprised if they start upping their prices…

Other Opportunities

Matched Betting was a gateway drug for me, a gateway into the world of professional gambling. After working my way through the first 20 or so bonuses I quickly moved on to:

Casino Bonuses

Just as most bookies offer an incentive bonus to sign up to their site, so do most casinos. And just like with matched betting, a smart punter can profit from them. Check out my introductory guide to making money from casino bonuses.

Sports Arbitrage

If you were paying close attention above you may have wondered what happens if the odds had been even lower at Betfair so that the profit outweighs the commission? It does happen and you can make money out of it. That’s right you can make risk free profit without needing a bonus at all, I’ll tell you all about it in another article.

*WARNING* When done correctly matched betting is risk-free. But if you do it wrong it can cost you real money. Make sure you research it properly. Below are all the resources you need. I know this is a complex topic that I have whizzed through, so if you have any questions or want any clarification please leave a comment 

What do you do when you have signed up to all the bookmakers?

The most lucrative and easy offers are what we call sign-up bonuses, the ones you get for first signing up to the bookie. But at some point, you are going to have accounts at every bookie. Don’t worry, that is not the end fo the journey. There are also what we call reload-offers.

You can often find them on the forums or you can pay for access to a service that will find them for you. Below is a screenshot of the ‘daily offers calendar’ page of Oddsmonkey, which you can get access to for £15 a month.

At the time when that screenshot was taken (19 April 2016), there were 16 different offers just for today totally over £200 of expected profit.

Oddsmonkey, is the same company who provide the free service which we used in the above guide. If you sign up to the premium service (£15 a month), you’ll also get access to their better and more premium oddsmatcher.

FAQ and Useful Links

What do I do once I have done every sports bonus and still want more?
Once you have conquered matched betting you could move onto making money from casino bonuses or onto sports arbitrage.

Will matched betting affect my credit rating?
Matched betting won’t affect your credit rating since bookmakers don’t perform credit checks.

I have a question that is not answered here?
Drop me an email at hello@arbing.co.uk and I will do my best to get back to you.

  • George

    Great article. Two questions. Am I right in assuming that if your exchange bet loses, then you have to deposit and wager £800 in bet365 (to satisfy 1200 rollover), whilst also laying this amount in betfair exchange at the same time? I also assume that the stake is returned in bet365, which is what makes this more profitable?

    Both my bets won in the exchange so I haven’t needed to use bet365 just yet, though it seems the profit potential with them – providing you have the capital for the £1,200 turnover – is bigger, if the stake is returned. Is this correct?

    Thanks.

    • Hi George.

      I’m glad to hear your first matched bet went well :).

      If your bet had won at Bet365 you would not have needed to deposit more money – you would need to wager £800, but you wouldn’t need to deposit again. Just use the money from the winnings.

      Yes, you are correct the stake is returned at Bet365. Some other bookies have slightly different terms & conditions where the free bet’s stake isn’t returned with your winnings, if you come across one of these types of offers it should be treated slightly differently – you basically lay a slightly smaller amount. There is some more detailed information on how to deal with them in this big article: http://forums.moneysavingexpert.com/showthread.php?t=325861

      Yes, you are also correct that it is more profitable if you bet had won at Bet365. But as you say, it is also more hassle and requires more capital to lay off the bets. So you are in a win/win situation. If the bet wins at Betfair, you get a quick win and can withdraw immediately. If it wins at Bet365 you need to place some more bets, but you will also make more money.

      Hope that helps!

      Thanks

      Sam

  • Lee

    Good stuff. I gave matched betting a try for the first time last week via http://www.pure-profit.co.uk and made around £150 taking about an hour or so a day for 4 days.

    I was wondering if you know if its a good idea to use the cashback sites like Quidco to claim cashback when signing up to the bookmakers?

    • Yes, I have used cashback sites but not for quite a few years now. It used to be the case that they’d give you say £50 for signing up, on top of the bonuses you’d get from the bookie. Well worth it if the deals are still there.

  • leo

    Hi, does this work for those outside the UK? Cheers.

    • It depends on what country you’re in. Provided online gambling is legal in your country and the gambling sites don’t ban your area in their terms and conditions then it does work.

      Some websites will have different offers for different countries. As the UK has a lot of matched bettors, we often get worse terms… So depending where you’re from, it might actually be easier!

    • danialjose

      smell Kiwi here!

  • danialjose

    Thank you for the detailed instruction. I have created accounts on bet365 and betfair, both sites are allowing Indian citizen to join. After some more research I will deposit some money and experiment with this. Hopes this method will work for Indian citizens.

    • Good to hear that you found the instructions useful. I don’t personally know of any people who have done matched betting from India, so make sure you thoroughly read the terms and conditions to make sure you’re allowed to both sign up for an account and also to claim the bonus.

      Also be sure to check the legality of online gambling in India. I know some countries can be quite strict.

      Be sure to post anything you discover so that others can follow your example.

  • Darek

    I’d like say a BIG thank you for introducing me to matched betting! I’ve stumbled across your website and this article by chance (can’t even remember how) and matched betting sucked me in! I’m quite a football and other sports fan so it’s my new hobby that brings money, what else can you ask for?:) Being good at maths and smart (and modest!) helps as well:) Since I’ve started in the beginning of September I’ve made 3.1k from the many sign up & reload offers and a bit of arbing, mainly football and horses. I’m dreading the day they limit or close my most profitable accounts, but there’s always sharbing and that shouldn’t be a problem in London.

    I also read your other articles and I really like your style – it’s concise, smart, detailed and well presented.

    • Thanks, that’s great to hear. I’m glad it’s working out for you. Have you had a look at casino bonuses? It’s quite a natural step from sports bookies to casinos.

      • Darek

        I was reading your summer diary of matched betting from 2009 (!) and had the same conclusion. I’ll have to do some more research before I start, check what games and strategies are best. My main source of info is MSE and they don’t allow discussion about non risk-free stuff.

  • Dom

    How much time would you need to invest in betting arbs to make a consistent £500 per month. Also any idea on size of bank required to fund bets for thsi return?

    • It really depends on how confident/knowledgeable you are. To physically sign up to the accounts and place the bets would only take an hour or two a month. But to find the offers, check the terms and conditions, double and triple check your bets all takes longer.

      Check out my betting diary (http://www.thegamblingtimes.com/board/day-day-life/12694-summer-professional.html). It is from 2009 and I wasn’t very knowledgeable back then. I made about £2k a month doing 15-25 hours a week. I think I started from a £1k bankroll but can’t really remember. The thing is that your bankroll will grow very quickly so it soon doesn’t really matter. My first ever matched bet was done with my overdraft – but I don’t recommend that!

      • Hi Sam
        Do you still do matched betting as £2k per month tax free for 15-20hrs seems a better rate than most “real jobs”?

        • I did it full-time for about 4 years. It earnt quite a lot more than £2k a month but we we had evolved to some much more complicated stuff than just matched betting. That diary will be a lot more relatable. Then once you get to the £2k mark you will start to discover and learn about the other opportunities.

          • Jeferson Amend

            Awesome blog, out of curiosity, what is this other stuff if you can say?!

  • Profit Cloud

    Me and a small team have recently been working on a system to track matched betting profits and bets and manage your accounts.

    It’s in its early stages at the moment but we’re looking for people to trial it and feedback on whether you find it useful or not.

    We’d appreciate any information people can provide on the system: https://www.profit-cloud.co.uk feel free to drop feedback to admin@profit-cloud.co.uk

    Many thanks,

    Doug @ Profit-Cloud

  • Gobind Singh

    if i hve $10 on both betfair and paddypower so then ican make profit because i hve free bets on paddy power but not on betfair

  • MrC

    Just wondering- I did matched betting about 6 months ago, I have numerous accounts with bookmakers opened…
    recently I have been looking to go back into this (I stopped as I had to travel back to my home country for 6 weeks).
    when I looked at all my old betting accounts over the course of a week, there seemed to be no reloads or offers available to me. would I have to make small ”mug bets” first, to qualify and be deemed active for these reloads?

    many thanks in advance!

    • Hi There. You shouldn’t just start mug betting with the hope of being given reload offers. That may work, but there’s a good chance you’ll lose more than you make. Instead you need to research the current offers those sites have available. You can look on the forums or use a service like Profit Squad.

      There will often be quite a few, but they will be more complicated than the simple offers you had when you signed up. Alternatively you could find more bookies, try out casino bonuses, or get into sports arbing

  • andy

    Hi, Thanks for this, found this blog after i’d already started matched betting, and it’s been super helpful clearing a few things up for me. Already made a modest profit about a week into it, and looking forward to learning more and making the most of these opportunities.
    One question, do you have a spreadsheet or something to keep track of all your bets/lays? I’ve done a bunch now and waiting for more to come in. It’s starting to get very confusing as i’m trying to remember them all. I’ve started a spreadsheet, but I need to put some thought into it to cover exactly what i need – any tips here would be much appreciated! Thanks in advance.

    • andy

      ..and one more follow-up question;
      – As i’m getting more confident with this, my wife now wants to get involved. I’ve been thinking about the idea of doing two identical sign-up offers (same bookmakers/bets/lays, different accounts) at the same time. Figured it’d be twice the profit for the same amount of work. Seems obvious, but anything i’m missing here? Risk of being blocked if bets are from same address/similar name etc?

      • Robert

        May be able to help you out, got a contact?

  • Anatolii Usachev

    Could you update your article, it is miss-leading. Bet365 requires to bet deposited £200 on stakes 1.5 or more before £200 bonus becomes available.

    • Hi, could you explain what you mean please? Which part is misleading?

      There is this part in my tutorial:

      “I am looking for a bet that has low odds, which will reduce the amount of money I need to deposit at Betfair. But they need to be over 1.5 as that is a requirement from the terms and conditions.”

      • Anatolii Usachev

        Here you write that you place both deposit and bonus at the same time ”At Bet365, I had to place the balance in two £200 bets. One with my own deposit and once again with the bonus funds”, but bonus only available after you bet your own £200 at stakes 1.5 and higher. So you have to bet your money and then after bet is settled you get the bonus. Bet365 probably changed conditions since you used it.

        • I think you have misunderstood the terms.

          You place your first £200 bet at odds of 1.5 or over. Immediately the £200 bonus now becomes available and you can place it on the same bet.

          I just checked the terms and they are the same. It does not say anywhere that you need to wait for the first bet to settle. As soon as you place the first bet the bonus becomes available.

          • Anatolii Usachev

            I think you are right, I did not get bonus because I placed only £100. Sorry.

  • Ever

    I don’t think betting on matches is very fun. I mean why wouldnt u play a game and bet in one? Like http://spin-slot.com/ allows me to do it. I didnt win big amount of money,but gambling is still enjoyable

  • Elijah Laughinghaus

    Sorry, can you possibly explain better why it is that you placed bets of only $180 on betfair against the $200 bets on bet365?

    Also that 2009 summer diary page is missing

    • Hi. I place a smaller bet because I would rather it wins at Betfair. So by betting less I am rewarding myself if the bet goes the way I don’t want. I either get the £180 straight away from Betfair and can withdraw. Or I make more money at Bet365 but have to place another bet.

      Does that make sense? It’s not an exact science. You just tilt your bets slightly depending on what outcome you prefer.

      EDIT: the summer diary from 2009 is on a forum and can be found here; http://www.thegamblingtimes.com/board/day-day-life/12694-summer-professional.html

      • Elijah Laughinghaus

        Thanks, the link I was trying to use was old I guess. Maybe I’m too daft for this. Doesn’t the fact that you are not matching the bets set you up to lose money over time, as the results statistically even out, since you’re going to win 50% of the time at either service?

        • No you still make money over the time. Even though you’re not matching 50%, you are still making money from every outcome. Just more money one outcome than the other!

          • Perry Krug

            Hi Sam, just getting into Matched betting and I’m still a little confused about this topic of skewing the odds. Can you walk through an example in a bit more detail to show how you determine what amount of money to lay?

  • Tim Bain

    I’m missing something here.You say there are 3 possible outcomes in that example. What if they draw? Surely no bets win then? It seems a no lose betting on both sides to win, but a draw is a lose isn’t it?

    • Hi Tim. There are three outcomes. Crawley Town to win, Crawley Town to draw and Crawley Town to lose the football match.

      In the example above I bet on Crawley Town to win at Bet365. And I bet on Crawley Town not to win on Betfair.

      It is the second bet that you are getting confused with. The bet not to win includes the draw. So if the game is a draw or if Crawley loses the bet wins at Betfair.

      Does that make sense? If you look at the screenshot of the bet at Betfair you can see that it is due to make £360 if the draw or if the other team wins.

      • Tim Bain

        Ahh, thought I must have missed something there 🙂 Cheers Sam.Makes sense now.

  • Danny Foy

    It looks like bet365 has been taken off oddsmonkey’s
    free service right?

    • Hi Danny, it has been taken off their free service. I would consider looking at the smaller Matched Betting opportunities to start with as this will allow you to build up your “bank roll”. Although the profits are smaller, you are easily able to go through them very quickly and make some nice profits.

  • Abimael

    So, I have this question, you need to make your first bet with all the money of your deposit so that the bonus is available? Or immediately is available when you make the deposit? Can you just bet with the bonus and leave the deposit apart…. So you don’t risk all of it? and, is it more convinient to try to get over with the rolling thing at once or make many small bets? :/

    • You need to place a bet with the £200 in the deposit before the free bet becomes available. So unfortunately you cannot only bet with the bonus. Sorry!

  • Matthew

    Hi Sam, loving your content, keep it up! I have started matched betting again after doing it before. I’m still on the signup offers, what’s the best way to learn more and make at least £500 per month? I am signed up to YesBets and am thinking of signing up to Profit Accumulator as well for their forum.

    • Hello Matthew. Glad to hear you have got started! The best way to learn is to get involved in some matched betting communities. The Profit Accumulator forum is very active. There is also The Gambling Times forum as well.

  • Adam Schofield

    I agree with your article. Indeed, matched betting can provide tax-free profit and benefit those people who want to earn money without leaving their homes. Even if you have no experience in betting, you are guaranteed to make money in matched betting.Try This Link: http://www.matchedbetting247.com/matched-betting.html

  • Jon Williams

    Hi Sam,

    Just read your blog. A great read! I signed up to Coral & Betfair on Sunday and have made about £14 profit on my 2nd bet. I understand how everything works but if I am not mistaken could I still not make profit if I just continued to bet using my own money placing identical back bet in Coral and lay bet in Betfair?

    For example tomorrows Spurs v Leverskusen- if I place £25 x 2 on both Coral for Spurs to draw and Betfair for Spurs NOT to draw I have calculated these outcomes- (odds are 3.65 & 3.60)

    Spurs draw- win £90 from Coral, lose £66 from Betfair- £24- profit
    Spurs win or lose- win £66 from Betfair, lose £25 from Coral- £41 profit

    If I placed say 5 similar bets per week, I could make £100-200 per week / £400-£800 per month.

    Am I correct in all this??

    Look forward to hearing from you.

    Jon.

    • Yes I normally just continue to use Betfair. There are 3 main exchanges (betfair, smarkets, betdaq) so it is worth getting the bonus for all of them. But when there is not a bonus available I just use betfair. There are always reload offers, the issue is that you don’t normally get told about them, they are put up on a promotions page and you need to go looking. That is why I like to sign up for something like oddsmonkey who find them for you and post them in their calendar. They still have a long way to go and still miss like 90% of the offers, but it is better than spending all day reading terms and conditions!

  • Tomas

    Hello, this still works ? because i was looking for more info and found that you can be “gubbed” or something if you matchmake like you teach us in this post. thank you.

    • Yes it still works. Gubbing has always happened. It is when the bookie limits the amount you can bet to £0. It normally happens when people are ‘arbing’ which is when you place bets on odds that are higher at the bookie than at the betting exchange. I have never been gubbed for matched betting, only ever for arbing.

      • David Williams

        Hi Sam – great article and love your blog. I am just in process or researching this approach and have come across a lot of people suggesting there is a high risk of gubbing. Why do you think match betting is less risky than arbing in respect to the risk of getting restricted or closed. Also, do you have any good strategies to avoid gubbing. Thanks.

        • The consequences if the bookie catches you are slightly different. With regards to matched betting I have been told by casinos and bookies that I am not welcome to take any more bonuses with them, but am able to continue betting. So at that point I normally start arbing them.

          With arbing you get your betsize restricted. Which means that even if you get a bonus you can’t bet it through.

          Also the profits per the amount you bet is much higher with matched betting. You can double your money with a bonus. But on an arb you only make a few percentage.

  • Andy Pandy

    hey,
    I have joined one of those websites that you mentioned and some said on the forum that they make £2k a month by doing eachway arbs 7 hours a day on saturday, 4 hours on sunday, then 1 hour during the week and doing football accas, to bring all that in a month.

    the thing is whenever I go to look at the eachway matcher, I NEVER see any good opportunities to bring in a good chunk of money and it’s the exact same thing with the accas.

    I went through all the different kinds of accas of the acca matcher and all the money is really-REALLY-poor, on top of that you can only get ONE acca refund a day, so I just cant simply see how that person is able to make that amount of money in one month.

    can you explain as to what they are doing?

  • Deri Brown

    I’ve always steered clear of gambling because my dad had a problem with the horses at one time. But this sounds interesting. I take it you only bet on games like football, rugby, tennis, boxing etc?

    • If you think you might develop an issue with gambling than I really suggest staying away. Making a bit of money now is not worth it if it could lead to years of problems.

      Football was the normal one to bet one. Because there are so many football matches and they are so liquid. But yeah, would also sometimes bet on more obscure sports if the odds were good.