Is matched betting sustainable?

LAST UPDATED 5th July, 2017

Is matched betting sustainable? It’s one of the most common questions people ask me and I’ve seen plenty of chat about that very issue on forums and on social media.

Many people who are interested in matched betting but don’t know much about it think that it’s solely about using bookmaker sign-up offers to make a quick buck. Obviously, that raises the question about matched betting long-term.

While it is true that the bookie sign-up offers are the place most people start, they are not the be all and end all.

Matched betting long-term

So, how do we make matched betting sustainable? Well, there are several ways.

When you join a matched betting service such as Profit Accumulator or OddsMonkey, you will be encouraged to start with the new customer offers. Typically, these are ‘bet X, get X free’.

In fact, Profit Accumulator’s free trial includes a good example with Betfred’s ‘Bet £10, get £30 in free bets’.

Matched bettors are urged to start with the bookie sign-up offers because these are often the simplest to complete and the also provide you with a way of building up your bank, giving you more scope for bigger profits down the line.

Profit Accumulator has more than 50 bookie sign-up offers to complete and you should be looking to make upwards of £1,200 from these. Depending on how much time you can spare, I’d estimate it will take you between one month and two months to work your way through the bookie sign-up offers.

After that, you can move on to what we call the ‘reload offers’ – and it’s these are used for matched betting long-term.

Making matched betting sustainable

There are several techniques that make matched betting sustainable over a long period of time.

Reload offers: Bookies don’t just offer free bets and bonuses to new customers. They want their existing customers to keep gambling, so regularly put on promotions to keep you playing. It’s important you are signed up to all the mailing lists for each bookie – including registering your phone number as some offers will come via email and text message.

Horse racing refunds: Horse racing refunds can be a highly lucrative way of matched betting long-term. Offers such as ‘money back if your horse finishes second’ are very common, particularly during big events such as the Cheltenham Festival and Grand National.

It’s not guaranteed profit every time, as you often have to hope your horse finishes in a certain position but it’s still risk-free and, when they hit, they can bring in big bucks. Profit Accumulator has a tool called Match Catcher that helps you make the most of these offers.

Football acca refunds: Most bookies these days offer accumulator refunds, usually in the form of ‘acca insurance’. An example of this would be “money back if one team lets you down”.

Matched bettors can take advantage of these offers by laying accas to eradicate the risk and generating a profit from the refunds. Again PA, has a tool to help with this – Acca Catcher.

Price boosts and other offers: There are plenty of other offers that help make matched betting sustainable. Examples include Betfred’s Double Delight Hat-trick Heaven offer, Paddy Power’s 2up promotion and Bet365’s £50 risk-free bet bet.

These offers aren’t always available and they’re not always guaranteed profit but, when they do come up, they can be very lucrative indeed.

Paddy Power's 2up offer

Advice on long-term matched betting

If you’re among the people asking “is matched betting sustainable?” my answer is emphatically yes. I’ve been doing it for more than two years and still clear a very healthy profit each month.

My main pieces of advice matched betting long-term are:

Learn the ropes: Completing sign-up offers are a great way of getting to grips with matched betting. By the time you’ve worked you way through them all, you should have a pretty good understanding of how it all works and this knowledge will be invaluable when it comes to moving on to the reload offers that make matched betting sustainable.

Bank your cash: After the reload offers, you should also have built up a decent amount of money. I can’t overstate how important it is to be disciplined with this money – do your best not to spend too much of it. Trust me, you will be grateful for it down the line.

The more money you have to play with, the bigger profits you can yield. Primarily, this is because it allows you to cover bigger liabilities in Betfair and Smarkets, which means you can pick matches with higher odds, therefore creating the potential for bigger returns.

Look after your accounts: Another very important part of long-term matched betting is to keep your accounts unrestricted. If bookies think you’re matched betting, they are likely to restrict your accounts, meaning you won’t be offered any bonuses.

There are lots of ways to disguise yourself as a regular punter, namely through “mug betting”. This involves placing small bets that might not win. You might make a small loss on these but, in the long term, it’s a price worth paying.

Follow the forum: If you’re not sure how to keep the money coming in, the PA forum is a godsend. There’s two threads – one dedicated to showing you how to make £1000 a month and the other showing you how to make £300 a month (for people who have less time to spare).

These are both really useful threads, with instructions on which offers to do and how to do them. The daily amounts of guaranteed profit vary but they almost always hit their targets for the month.

Share your matched betting advice

Do you have any tips or questions about matched betting long-term? Please feel free to leave a query below and I’ll do my best to answer them. Equally, if you have any tips or advice on matched betting, please share it here.