NO It Isn’t Gambling: Matched Betting

We all know the saying “If it looks too good to be true, then it probably is” and this is something I’ve come to embrace over the years I’ve been working from home – either that or “If it’s too good to be true, then check The Money Shed to see if others are doing it”. One exception to this rule is Matched Betting because it really is that good, it’s turned around my online earnings instantly.

NO It Isn't Gambling: Matched Betting

Don’t Be Afraid Of Matched Betting

At lot of you will read the title of this post and your brain will focus on the betting part. You’ll automatically assume that all I do all day is place bets on events and hope I win – don’t worry, I was exactly like this when the topic first caught my attention. I saw betting and avoided all of the posts that were to do with it. Even having Jon (the guy who runs The Money Shed) telling me it is something I HAVE TO DO wasn’t convincing me. Months down the line I finally decided to start reading the Matched Betting thread over on TMS and had a proper chat with Jon.

The Husband’s Seal Of Approval

I took his figures to my financial adviser aka The Husband and tried to explain the concept to him – it went over his head. He knew that Jon was a trustworthy source (he’s found me many opportunities and not let me down before) so I went ahead and gave the free trial over on Profit Accumulator a go.

To get started I was told I’d need about £60 (if I had more then that was desirable) and that after completing the two offers on the free trial of PA that I’d be around £45 up. I watched the videos, twice, I read the instructions and double checked everything I was told because I can be a bit of a dim-wit. Sure enough, over that weekend I made just short of £40.

I then took that profit and invested half of it into the Platinum monthly membership fee (£22.99/month or £150 for the year). I was then given access to the whole of the beginners offer, advance offers and reload offers as well as the forum where you can get additional help or read about the offers. Month’s down the line and it has become a regular income for me, I don’t do it full-time but I do bring in around £500 a month which is tax-free.

How does it work?

Matched betting isn’t gambling in the sense of placing a bet with the chance of losing the money you used. You place a bet with a bookmaker and then place another bet with what is called and an exchange, this second bet is AGAINST the result of the first bet.

Eg.

Bet 1: Liverpool WIN

Bet 2 (aka the lay bet): Liverpool DON’T WIN

This means that the bets cancel each other out so you technically don’t win or lose. The profit is then made by the free sign up bet the bookies will offer you, so you repeat the process and end up with profit. You then sustain your earnings by doing the multitude of offers that the bookies dish out after signing up.

It is a LEGAL, RISK-FREE and TAX-FREE way of earning some serious cash. My weekends have become a lot more productive since I started it.

Profit Accumulator

Further up my post I mentioned a site called Profit Accumulator who I can’t recommend enough if you’re looking into doing Matched Betting.

Jumping straight into matched betting by yourself can be a huge risk. There is so much to get your head around and if you’ve never placed a bet in your life the whole odds calculations thing can leave you scratching your head.

As I said above, Profit Accumulator is a subscription service but for that fee they basically take away all of the leg work. The site searches and posts the sign up/reload offers as well as guiding you through how to use them.

It includes oddsmatching software which will find you the best events, with a filtering option so you can tell it which bookmaker to use, which exchange and specify the events you want to bet on.

The site includes a calculator which will not only work out how much profit you will make from your bet but also how much you need to lay at the exchange so you are only betting what you need to.

They’ll hold your hand all the way through with in depth videos and a forum (for subscribed members) where you can discuss offers or problems with those who have more experience.

Other Matched Betting Sites

There are other sites and services dedicated to matched betting. Like any service they can offer more or less information/help than Profit Accumulator. I personally feel Profit Accumulator offers a good balance of offers, step-by-step guides how to take part in matched betting and a forum for discussion. They are 10,000+ members strong which tells you something about the service they offer.

I get any doubts you might have but I’m a pretty cautious, my husband more so, but if you have a spare £60-£100 I highly recommend giving the free trial a go; you really have nothing to lose.

Do you matched bet? How do you find it and would you recommend it to others?

Matched betting has been around for a long time. It's the perfect way to bring in an additional income without any prior knowledge of sporting events.


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4 thoughts on “NO It Isn’t Gambling: Matched Betting”

  1. Hey Chammy, nice post there, very interesting financially.
    I’m assuming you are vegan in terms of view of life – and so am I. For 13+ years now, I’ve maintained an at first nutritionally an shortly thereafter an ethical vegan’s stance on food and lifestyle.
    Reading your article I’m noticing you have horse racing images on this post, am I right thinking that matched betting happens with horse racing? I’ve also read some of your comments regarding younique and mlm, which I find interesting also.
    My question regarding matched betting is: how do you reconcile supporting the horse racing industry with your matched betting (if you betting on horse races, that is ) with your vegan ethos? Or is it that you only bet on human sports events?

    • Hey Dee,

      Thank you so much for your comment.

      This post is almost 2 years old. At the time of writing it (and sourcing the imagery), I was still a very new vegan, having gone vegan for dietary rather than ethical reasons. The ethical side, like yourself, developed after. I also went through a bit of a blip at the end of 2016 and didn’t pick myself back up until August 2017 when I became vegan again, this time trying my best to be as ethical and cruelty-free as I can.

      Anyhoo, with regards to matched betting. Shortly after writing this post I stopped placing matched bets on horse racing. Until this point ignorance very much fueled my decisions – horses enjoyed being ridden just as much as free-range meant happy cows frolicking in fields, if you get what I mean.

      I’ve personally not placed a bet on a horse since 2016, I think it was the Grand National that year when I just stopped. Now I place my bets on human sports.

      It wasn’t until this post that I realised how hypocritical the imagery is in this post so I shall make it my task on Monday to swap it out. Thank you for bringing it to my attention.

      I’m glad you’ve found my posts interesting, it’s always nice to hear when someone appreciates your work.

    • At the time of writing this post Profit Accumulator was the only real service like this and the company I used. Since writing it many more services and sites have emerged, I’m happy to recommend others.

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