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Blog     25 Jul 2016

Are Bookmakers Happy with Matched Betting?

 

  • William Hill’s Director Graham Sharpe says: "It's a free bet and you can do what you like."
  • Bookmakers happy to reach new customers
  • Thousands already taking advantage of Tax-free profits.

 

Everyone's beginning to hear several success stories from matched betting, but for new people considering this method to make an extra income; what’s is all about? Is it safe? Can anyone get involved? Do Bookmakers know this is happening? Keep calm and read below...

Matched betting (also known as back or lay bet matching) is a technique used by individuals to profit from the free bets and incentives offered by bookmakers. It is based on the application of a mathematical equation rather than chance. 

A typical return for a matched bet where the stake is returned is 75%+ of the free bet offer amount, and 75%+ where the stake is not returned.

The only requirements to make tax-free profits through matched betting are to be over 18 years of age and live in the UK.

Matched betting is completely safe so long as you follow the right steps.

You don’t need any experience or specific skills just commitment of your time and attention to learn the basics.

You’ll be very glad to hear that you don’t have to pay taxes on any winnings, so you are free to spend all of your money on whatever you like!  

Do Bookmakers mind people matched betting?

Bookmaker’s know matched betting has been going on for  years and don’t mind because it gives them a chance to reach an entirely new audience. Most people who match bet don’t like gambling and therefore Bookmakers wouldn’t usually have the chance to engage with non-gamblers.

 

Win-Win situation. Bookmakers win the chance to engage with new customers while Profit Squirrel members get to take home an extra £500 every month.

 

How can I get involved?

It's very easy to understand Matched Betting, thanks to Profit Squirrel. Profit Squirrel is helping thousands of people learn just how simple it can be to earn a flexible second income.  Whatever motivates you to earn the extra money, whether it's a new car, home improvements or maybe a 5-star holiday? Let Profit Squirrel help you achieve your personal and financial goals.

Join Profit Squirrel today

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Bobby Formella

Bobby Formella

Community support member

I dedicate my spare time to making Matches so I can spoil my 3 little angels. A teacher from Merseyside, love cooking and reading. Liverpool's #1 fan!

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Comments (1)

loudnproud

loudnproud

5 months ago

As long as you practice mug betting and avoid arbitrage bets you'll be fine!

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