Does Matched Betting Work?

Are you in some kind of doubt that whether matched betting actually works or not? You don’t have to remain concerned as thousands of individuals from various age brackets regularly participate in matched betting activities in UK (and also in other parts of the world), earning a huge amount each month, and uplifting their lifestyle standards. In fact, each day, more and more people are getting involved in matched betting.

The simple premise of matched betting

From a simple perspective, matched betting is a combination of back bets and lay bets. You back bet at the site of a bookmaker. You lay bet at a betting exchange (like Betfair). The back bet is focused on the occurrence of a particular event. On the other hand, the lay bet is focused on the non-occurrence of the same event. The outcomes cancel out and you win money easily.

Related Guide: What is Back and Lay Betting?

No risk

The chief factor that works in favour of matched betting is there is no risk involved. You don’t have to counter the usual risks you face in gambling. The complete dynamics of matched betting are based on valid and tested mathematical equations. Your income is guaranteed in a riskless manner.

Related Guide: What is No Risk Matched Betting?

Income from matched betting is tax-free

Did you know that you don’t have to pay taxes to the UK government on your earnings in matched betting? This is one of the main reasons why more individuals are leaning towards this lovely way of earning an additional stream of income. There is absolutely no taxes on the profits you make from bookmakers’ sites and betting exchange platforms, no matter how much you earn! Hence, when you are involved in matched betting, you don’t have to think about paying taxes.

It is not gambling

Many beginners confuse matched betting with gambling, especially when they try to experiment with different strategies and techniques. You can stay rest assured that matched betting is not gambling and has its own premises and dynamics, in a riskless way.

Related Guide: Is Matched Betting Easy?

Profits in an instant

You never have to wait for long in order to earn profits from matched betting. In fact, within half an hour, you are able to earn a handsome income from your bets. You simply have to gain more experience in utilizing the various techniques and grabbing the right offers.

How to Start Matched Betting? - Beginner's Guide

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You can conveniently get Free Matched Betting Service from a high-end platform such as Profit Squirrel, in order to improve your monthly income level.

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Watch your bank grow

You’ll be making thousands of pounds. A great second income to be proud of.

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Jargon Glossary

Back bet = betting on something to happen

Lay bet = betting on something to not happen

Betting Exchange = somewhere you can place lay bets

Profit Squirrel = the home of matched betting

Matched Betting = continue reading below 😁

Fractional odds = odds as a fraction (e.g. 4/1)

Decimal odds = odds as a decimal (e.g. 5.0)

What Is Matched Betting?

Matched betting is one of the best ways to make money online. It’s a simple technique that allows individuals to earn a guaranteed profit from bookmaker free bets and promotions.

How does matched betting work? It involves betting on all outcomes of an event, removing the element of chance, whilst at the same time receiving free bets and other amazing promotions from the bookmakers. These free bets can then be converted to cash profit. The reason it is called ‘matched’ betting is because you are matching your bookmaker bet with an opposite bet on a betting exchange.

Matched betting has been around since the first betting exchange in 1999. Previously this technique was reserved for betting traders only, but thanks to Profit Squirrel and our simple to follow, step-by-step guides, we have made it easy for absolutely anyone to make money. Over 70 per cent of our members had never placed a bet in their lives before starting matched betting. We guide you through and support you every step of the way, starting with as little as £10 and making up to £1,000 from the bookmakers sign-up / welcome offers alone!

  • Do I need betting experience or sports knowledge?

    Nope! You don't need any knowledge of sports or betting to make money from matched betting. We have step-by-step, written and video instructions on all of the offers – you’re guaranteed to make money. The outcome of the event is irrelevant, so any prior knowledge or experience with sports is not needed.

    As previously mentioned, over 70 percent of our members had never placed a bet before starting with Profit Squirrel.

  • Is Matched Betting Legal?

    Sounds too good to be true, right? Matched betting is 100% legal. Profit Squirrel has been enjoyed by over 100,000 people in the UK and has national coverage in The Guardian & The Telegraph. We're simply taking advantage of bookmaker's generous free bet promotions.

    So long as bookmakers offer sign-up bonuses and ongoing free bets you will always make guaranteed profits with matched betting.

  • Does It Involve Gambling?

    Matched betting is not gambling. Despite having the word 'betting' in the name, as well as using betting platforms in our execution of the technique, there’s no gambling involved.

    Profit Squirrel teaches you exactly how to cover all outcomes so that no matter the result, you can profit from the free bets.

Start Profiting From Matched Betting Today
A Brief History..
Frequently Asked Questions
  • Is Matched Betting available outside of the UK?

    Profit Squirrel is the best matched betting site focused on both United Kingdom and Republic of Ireland residents. It could well be that bookmaker's offer profitable free bet promotions in your country of residence, but they will likely vary from those listed on Profit Squirrel. The same principles still apply wherever you are in the world, but you will need to find the offers yourself.

  • Will it affect my credit rating and/or mortgage application?

    Using bookmakers will not affect your credit rating. Bookmakers only carry out a 'soft search' in order to verify that your registration details are correct. This will never impact your credit rating. Which makes sense as you are not applying for any kind of credit.

  • What if I already have some bookmaker accounts?

    Even if you have a handful of bookmaker accounts already, we have over 70 welcome offers alone, so there will still be plenty of profit on the table.

    We also show you how to make money from your existing accounts too. Sign up and start making money, today!

What is Profit Squirrel?

Profit Squirrel is the home of matched betting. We specialise in helping newbies learn & earn with matched betting, so that they can start profiting from Day 1.

We provide free video guides, software, and calculators. Making money online has never been easier. Profit Squirrel provide many support options, including, live chat (on the website), WhatsApp messenger, email support and a private Facebook community with over 30,000 fellow members.

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