Blog

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 with Matched Betting.
  • Thousands of people are already taking advantage of the 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 it all about? Is it safe? Can anyone get involved? Do bookies 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 is 75% of the free bet amount on offer. So a £20 free bet will make around £15 in profit for you.

Related: FREE Guide to Learn Matched Betting in 2 Minutes (including the math!)

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. 

Related Guide: What is Matched Betting? 

You don’t need any experience or specific skills, just the 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 bookies mind people matched betting?

Bookmakers clearly know matched betting has been going on for over a decade and they don’t mind, because it gives them a chance to reach an entirely new audience. Most people who matched bet don’t like gambling and therefore bookmakers wouldn’t usually have the chance to engage with them.

Related Guide: Is Matched Betting Safe?

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

Related article: Clever Way to Double Your Matched Betting Profits Using Partner-friendly Bookmakers

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.

Related article: Is Matched Betting Worth It?

Thanks for reading! You've made it this far, why not watch the free video guide below and see exactly how you will make money online using Profit Squirrel

JOIN Profit Squirrel TODAY

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!

Comments (1)

loudnproud

loudnproud

2 years ago

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

Other Similar Articles

Login

or

Sign Up

Don’t worry, we’ll never post anything on your behalf without asking first

or

CREATE AN ACCOUNT

Create an Account

Reset Your Password

imgIf you don’t receive an email from us, check your spam filter. The email will be from no-reply@profitsquirrel.co.uk

We look better on desktop.

Mobile friendly coming soon! Turn to landscape if you insist.

img
Feedback