Matched betting is an excellent way to make money online. It’s simple to learn, requires very little money to get started with and the profits are tax-free!
The key is using the right matched betting strategy (not just any offer), but the ones that consistently return the best value for your time. With the wrong approach, you’ll burn out fast.
This article breaks down exactly how to keep things easy and profitable. So, make sure you have the most effective matched betting strategy and read on…
Matched Betting Strategy For The Easiest Money
First off let’s cover the low-hanging fruit that exists in the world of matched betting.
I’m talking about sign-up offers!
These offers usually require you to stake a certain amount first in order to get a free bet of equal or greater amount. For example, Bet365 offer “bet £10 get £30 in free bets” on signup.
Looking through all the current sign-up offers available, there is around £800 to make from these very simple bets and get offers. This shows that in 2023 there is still a decent amount to be made from matched betting.
Completing A Sign-Up
Hitting all the sign-up offers is the simplest way to build up your matched betting profits and is the most time-efficient.
The process is extremely simple.
- Place your qualifying bet.
- Lay with a betting exchange.
- Receive your free bet.
- Place a free bet with a bookmaker.
- Lay the free bet with a betting exchange.
- Profit!
If you are new to matched betting, we would suggest taking up a free trial with Oddsmonkey. They will walk you through the process of doing a matched betting sign-up and enable you to make a profit of around £29.
Click Here to make your first matched betting profits.
Matched Betting Routine
After building up your your matched betting profit from doing simple sign-up offers, you might be wondering what’s next?
There is still plenty more money to make using various different matched betting strategies. However, we want to be as time efficient as possible, taking on the best possible offers and maximizing our time spent vs profit ratio.
The best-matched betting offers are usually available during the biggest sporting events on the calendar.
Weekends is obviously when the vast majority of sporting events and played, as such this is usually the most profitable day for matched strategy outside of doing simple sign up offers.
- Bookmaker Boosts
- Reload Offers
- Extra Places
- 2up Offers
- Casino Offers
- Arbitrage Opportunities
A good way to take advantage of these opportunities is to have a morning routine of checking what is going on throughout the day. This could mean quickly running through the day’s offers in the morning whilst you are having your breakfast. Noting down the highest value ones if you have a busy day ahead of you.
Planning your betting time around high-value reload offers and daily boosts is key. For example, bookmakers often push enhanced odds or extra places during televised football matches. Prioritise these first because they offer solid EV (expected value) and usually take just a few minutes to lock in. I’ve done this myself many times before!
Matched Betting Software
Should I use matched betting software?
This is a pretty common question when people get started with matched betting. Is the outlay of £30 a month worth it in the long run?
If you want to maximize the amount of money that you can make from matched betting then using the best matched betting software is an absolute must. Even if you are planning to just run through the initial £800 in sign-up offers available then having software which finds good odds matches, will save you so much time in the long run.
Personally, I have been matched betting for the last 7 years, finding multiple ways to use matched betting software to profit long after all the sign-up offers had been done.
After extensively testing multiple matched betting services, the service that I continue to use year after year is Oddsmonkey. It stands out way above everything else and offers the best amount of value for its cost in comparison to everything else available. We’ve tested others like Profit Accumulator and Outplayed, but OddsMonkey’s tools, support, and real-time EV tracking keep it ahead. It’s the most beginner-friendly matched betting software out there (and it’s still powerful enough for advanced users too).
If you want to see the tools in more detail, you can read our full OddsMonkey review here.