Welcome to the world of matched betting! If you’re new to matched betting, you’re in for an exciting, profit-packed journey.
Matched betting isn’t your typical gambling – it’s a strategic approach that guarantees profits by exploiting bookmakers’ offers. It’s tax-free, legal, and surprisingly popular in the UK.
In this guide, we’ll dive into the nitty-gritty of matched betting and I’ll share my top 12 matched betting tips for beginners to help you profit big from day one.
So, whether you’re new to the concept or looking to take your matched betting game to the next level, buckle up – because we’re about to unveil the secrets to making easy, tax-free cash as a matched betting pro!
What is matched betting?
Let’s start at the beginning. Matched betting is a clever way to turn the tables on bookmakers and guarantee yourself a profit from all the free bet promotions that the bookies offer.
Unlike traditional gambling, it’s a strategy that involves placing bets on all possible outcomes of an event to ensure you don’t lose money. By doing so, you’re unlocking free bets and promotions.
We use special calculators and tools that tell us exactly how much to bet and where, to minimise risk and eliminate chance.
This means you’re in for guaranteed wins, no matter the outcome.
But first, an important note: although matched betting is not gambling, it does involve spending a lot of time on betting sites. If you have a tendency towards gambling or addiction in general, please steer clear of matched betting. It can be the start of a slippery slope towards actual gambling for some people. If you are concerned about your gambling habits, you can get free advice from GamCare or the National Gambling Helpline at 0808 8020 133.
Now, let’s dive into some essential matched betting tips for beginners that will guide you through your matched betting journey!
Take your time
This is the number one tip that I want all new matched bettors to know.
Go slowly in the beginning! Most mistakes are made when we rush.
Don’t worry about how much money you’re making when you first start matched betting. Cashflow will be slower to start with, but just like anything else, you need to invest some time to learn the craft.
Once you are more confident and experienced, you will naturally get faster (and the money will roll in) – promise!
Use a separate bank account
One of the smartest moves you can make as a beginner is to create a dedicated bank account just for matched betting.
Why? Well, it’s all about keeping things tidy and hassle-free. By having a separate account, you can easily keep track of your betting transactions without them getting tangled up with your day-to-day finances. And you won’t accidentally spend the money you need for bills.
Plus, this approach adds an extra layer of privacy – no more awkward conversations about betting transactions when you’re discussing mortgage applications or loan approvals.
It’s a simple way to ensure your matched betting stays discreet and organised, giving you peace of mind as you chase those profits.
There are several online/app-based banks where you can create a new bank account in minutes with no credit check.
Starling is one that many people use. I wouldn’t recommend Monzo for matched betting, as I’ve heard of some people having problems with this.
Check this post to see if you can bag any good new customer offers while you’re at it!
Make a new email for matched betting
Likewise, creating a fresh email address exclusively for matched betting is an essential tip.
As you sign up for multiple different betting sites and exchanges, your main inbox can quickly become a jungle of betting-related emails. Having a separate email makes sure that your personal and matched betting communications don’t get jumbled together.
You don’t want to opt out of email communications altogether because you’ll get a lot of special offers that way!
Instead, set aside time each day to scroll through your dedicated matched betting inbox to hunt down any new promos.
Join a matched betting website
If you’re ready to dive into the world of matched betting, I strongly recommend joining a dedicated matched betting website.
The one I personally recommend is Outplayed (been a paid member for many years).
It’s a treasure trove of valuable information, offering step-by-step guides, up-to-date offers, essential tools, and a supportive community of fellow matched bettors.
It is possible to do matched betting without joining a site, but Outplayed will save you so much time and stress, plus they provide essential support to prevent or correct any mistakes!
Here are some of the major benefits to joining Outplayed:
- Step-by-step tutorials for every bet (including video walk-throughs for the early offers – this is invaluable if you don’t know your way around a betting site like me!)
- Massive lists of offers (sign ups and reload offers), updated daily
- Matched betting calculator, Oddsmatcher (bet finder tool), match catcher and other essential tools
- Customer support 7 days a week (phone, live chat, email, messenger) – they will even talk you through any tricky bets or advise you if you made a mistake
- Very active private Facebook group and forum to discuss offers, hear news and get advice
- Track all your bets and profits in one place
You can earn up to £40 this weekend with a completely free trial of Outplayed (no payment details necessary). And what’s more, they’re currently guaranteeing your earnings up to £250 when you become a full member.
You really can’t lose.
Keep excellent records
In the world of matched betting, keeping meticulous records makes a big difference!
By jotting down all your bets – from the amount wagered to the dates bets settle and the outcomes – you’re creating a clear picture of your progress. This not only helps you celebrate your wins but also allows you to identify patterns, strategies, and areas for improvement.
Effective record-keeping ensures you’re always in control of your bankroll, preventing careless mistakes and helping you make informed decisions.
So, whether it’s a digital spreadsheet or an old-school notebook, make record-keeping a non-negotiable part of your matched betting routine.
Hint: if you join Outplayed, you can track all your bets and profits right there in their dashboard!
Be prepared to invest some money upfront
While it is possible to start matched betting with just a small amount like £50, consider this: the more you can invest upfront, the faster you’ll unlock the full potential.
Think of it as planting a seed that’ll grow into a money tree. With a starting bankroll of at least £100, you can grow faster and you’re in a better position to take advantage of opportunities that may require slightly larger bets.
Remember, matched betting is about accumulating profits over time, so the initial investment pays off as you gain experience and confidence.
In the world of matched betting, discipline is your golden ticket. Just like hitting the gym or practising a new hobby, consistency is key.
So, here’s the game plan: set aside dedicated time each day to check the daily offers on Outplayed and work through a few offers.
Whether it’s in the morning or during your lunch break, creating a routine makes sure you stay on track and continuously make progress.
Plus, as you make matched betting a part of your daily routine, you’ll become more efficient and effective.
Some people also like to set a daily monetary target. £10 a day is achievable, and that adds up to £300 tax free a month!
It’s all about turning matched betting into a habit that pays off – literally!
Read more: How Much Can I Make From Matched Betting?
Don’t shy away from the casino offers
Matched betting isn’t just about sports – casino offers are a hidden treasure you won’t want to miss. Many bookmakers also run promotions in their casino sections that can be just as profitable.
These offers often involve free spins, bonus funds, and more. While they have a different approach from sports offers, they’re equally valuable in boosting your overall profits.
Dive into the world of casino offers with the same cautious and strategic mindset, and you’ll find another avenue to top up your earnings.
Be prepared to learn advanced techniques
Congratulations, you’ve mastered the sign-up offers! But your journey doesn’t stop there.
If you want your profits to continue to grow over time, be ready to master some advanced matched betting strategies.
These include price boosts, 2ups, acca insurance, and more. These techniques might sound intimidating at first, and many people give up at this point and quit after the sign ups. But remember, you’ve already built a solid foundation.
Think of these advanced strategies as your next level of profit-boosters. If you want to keep earning from matched betting long term, you need to get to grips with some new techniques.
Read more: Can You Do Matched Betting Long Term?
Picture this: you’re happily matched betting and raking in profits, and suddenly the bookie bans you from taking part in any more promotions.
Why? One possible reason is an obvious pattern that raises red flags. If you only ever take part in the same profitable promotions, you’re flagging yourself up as a matched bettor – and bookies don’t like us very much.
To avoid drawing attention, mix things up. Blend in the occasional regular bet alongside your matched bets. This is known as ‘mug betting’ and makes you look like a casual punter rather than a matched betting pro.
It’s all about staying under the radar and maintaining your valuable bookmaker accounts for as long as possible.
So, keep the bookies guessing and keep those accounts in play.
Ah, the dreaded gubbing – don’t worry, it’s not as scary as it sounds. Gubbing simply refers to when bookmakers restrict or limit your account.
It’s annoying, but it’s also a common part of the matched betting journey. Understand that bookmakers may do this to protect their profits. The trick is to make your accounts last as long as possible while still enjoying profits. Also, there are still certain offers we can do and ways to profit even with gubbed accounts.
So, be prepared for the possibility of gubbing and learn strategies to deal with. Then keep going!
Make it a habit to follow matched betting forums, blogs, and news sources.
Why? Because the world of offers and techniques is constantly evolving. New promotions pop up, and fresh strategies emerge. By staying connected to the matched betting community, you’ll be the first to know about lucrative offers and smart tactics that can give your profits a boost.
Outplayed has an active forum and Facebook group which are my first ports of call for matched betting news.
Matched betting tips
Armed with these essential matched betting tips, you’re now ready to embark on your journey towards guaranteed profits!
Remember, matched betting is a skill that gets sharper with practice. Stay patient, embrace the learning curve, and watch as your earnings steadily grow.
Whether you’re starting small or aiming big, remember these tips and strategies to maximise your profits.
Best of luck! 🎉🤑
If you haven’t got started yet with matched betting, Outplayed.com are currently guaranteeing your earnings up to £250 when you take out a paid membership. Alternatively, make up to £40 with a free membership.
Read more about matched betting and get answers to common matched betting questions here: