Does Mug Betting Work in Matched Betting?

When you enter in the expansive world of matched betting, you hear, from a general point of view, different types of technical terms. One such term is known as mug betting. Knowing a bit about mug betting can add value to your repertoire of strategies in this exciting field.

Not related to any promotions

Keep in mind the fact that mug betting is the betting you get involved in which the offers for which you play are not associated with any kinds of promotions or free offers. So, you don’t get the advantage in this case, which you usually receive in cases of promotional offers from bookmakers.

What is the main objective of mug betting?

As a bettor, you might face restrictions from bookmakers due to some unscrupulous activities, policy changes or continuous usage of free offers. In order to get rid of these issues, you have to rely on the techniques of mug betting. This form of betting helps you to minimize/eradicate the problems of getting restricted by the bookmaker. You can, in fact, prevent your account being suspended if you form and implement proper strategies in the area of mug betting.

Related Guide: What is Mug Betting? Definition, Features and Strategies

What does a restricted account mean?

A restricted betting account means you are no longer eligible to choose promotional offers on the bookmaker’s platform. You have to go for bets that don’t have any offers for you. The liberty of exploring and choosing a betting opportunity with a nice promotion is absent in case of a mug betting situation. ‘Gubbed’ is the term used in the betting world when your account becomes restricted by the bookmaker.

Also Read: Does Matched Betting get you banned?

Can mugged betting be the saviour?

It can be, provide you keep the fundamentals alright. You need to be meticulous in implementing optimal strategies in this context.

Begin the journey cautiously

In the initial days of matched betting, you need to be very careful and keep a tab on the situation, having information of fact that whether the bookmakers are losing money for you or not. You can seek technical advice from an experienced mentor or veteran punter in this regard. Try to be placed in the profitable category by the bookmaker.

Blend in wisely

The next thing you should aim at after being placed under the profitable customer category is blending your initiatives and objectives within the framework of the bookmaker’s platform, in order to consistently stay in the same profitable category. It will help you to garner a reputation for your betting profile in the long run.

Try to get attached to a favourite team

You should try to get associated to a favourite team under a particular sports field. This would mean the bookmaker would trust you as a customer, as your choices would be fixed and transparent.

Manage your money

Try to keep your accounts self-sufficient and robust in order to win the trust of the bookmakers.

You can place various accumulator bets

You can try placing different types of accumulator bets in order to diversify your mug betting techniques and make them more effective.

Seek advice

It is wise to seek some Free Matched Betting Service in order to get more details on the subject of mug betting.

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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.

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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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