Find out how to make a guaranteed £250 with no-risk matched betting. If you haven’t tried matched betting before, it’s an exciting way to make some extra cash. I’ve done quite a bit of matched betting and the extra cash has been very welcome over the years.
Don’t go into it blindly though, it’s best to join a matched betting service such as Outplayed (previously Profit Accumulator). They will teach you the concept of matched betting and provide you with the tools, offers, and support needed to make an extra income from home.
What is no-risk matched betting?
Matched betting is a technique used to profit from free bets and incentives offered by bookmakers. If done properly is a safe way to earn some extra cash.
How does matched betting work?
To do Matched Betting you need to open accounts with bookies who will give you offers in the way of free bets if you spend a certain amount.
You will also need to open an account with a betting exchange such as Betfair.
You would first need to place a qualifying bet so that you can get a free bet. Let’s say for example the bookie’s offer the requirement is to bet £10 to gain a free £20 bet. You could, for example, back a horse to win at the bookies, then place a “lay” bet, which means you would place a bet for the horse not to win at the exchange (Betfair).
Doing this cancels out your bet, so you don’t lose or win and this protects your money, you will only maybe gain or lose a few pence to around £1-£2 depending on the odds that you placed each bet on and because of the commission charged with the exchange.
It doesn’t matter losing this small amount at this stage because you will gain the £20 free bet for placing the qualifying bet at the bookies and will now be able to go on to make a profit.
Once you have received your free bet you will then go and use the matched betting calculator (provided by Profit Outplayed) and work out a back bet and lay bet, it calculates both bets for you and tells you exactly what to place so that you make a profit from your £20 free bet.
You should make around £14 to £18 profit just from following instructions and placing a few bets. Not bad! There are of course bigger and better offers to make even more and it all adds up.
Can you make a full-time living with matched betting?
Matched betting can be a way to make a living, but it’s not as easy as it may seem. Some people have successfully made matched betting their sole source of income, while others use it to supplement their earnings.
The amount of money you can make depends on several factors, including the time you put into it and the offers available at any given time. For full-time matched bettors, an average monthly profit of £1,000 (tax-free) is considered achievable, with the potential for higher profits in good months.
However, it’s important to note that easy profits are harder to come by these days. Bookmaker accounts are often restricted if you take advantage of too many offers, and you’ll need to be creative and hardworking to avoid this and consistently hit those figures.
The term “full-time” in matched betting typically refers to spending 2-3 hours a day on it. It’s worth mentioning that matched betting is 100% tax-free in the UK, so a £1,500 monthly profit is equivalent to a taxed salary of over £20,000.
While matched betting can provide a decent income, you’d be wise to approach it with caution and understand the risks involved. Some techniques used to maximize profits, such as multi-accounting, can be risky and may not be sustainable in the long run.
Matched betting can be a great way to earn some extra cash in the short term, though. I’d recommend not giving up the day job but doing this as a side hustle.
Why not try matched betting and make a guaranteed £250? There’s no catch.
If you follow instructions correctly and don’t make at least £250, Outplayed will pay you the difference.
The free trial gives you the option to see if matched betting is for you before subscribing. If you don’t like it, you get to walk away with your £250 winnings, so there is nothing to lose.
Why not give it a go and make extra money this week with matched betting?