How to Start Matched Betting - Beginner's Guide
Following simple instructions of a straightforward guide about matched betting is an intelligent way to gain more knowledge about the subject. The easy steps you learn to begin your journey in matched betting help you to delve deeper into the dynamics, ensuring more profits. Learning Matched Betting Step by Step increases your confidence to place bets, and you become technically more robust in grabbing appropriate opportunities to earn money.
Four fundamental terms that you need to know
There are several technical terms you would come across as you get more involved in matched betting. To begin with, knowing the basic definitions of four of those terms is more than enough.
- Back bet – You place a back bet in the bookmaker’s site, in favour of occurrence of a specific outcome of an event.
- Lay bet – You place a lay bet in a betting exchange platform, in favour of non-occurrence of a specific outcome of an event.
- Bookmaker’s site – A platform where you place a back bet. It usually has welcome offers and reload offers with bonuses.
- Betting exchange – A platform where you place a lay bet. You bet against your fellow bettors on a betting exchange.
What is Back and Lay Betting? - Full Guide
It is legal and it is not gambling
You can stay relieved to know that matched betting activities are totally legal in UK. When you Make Money Online through matched betting, the UK laws do recognise it, and you really don’t have to worry about the legalities. Moreover, matched betting is in no way gambling. There are few people who confuse it with conventional gambling, but practically, it is not gambling.
Related Guide: Is Matched Betting Legal or illegal?
Use a reliable, high-end betting calculator
In order to get a firmer grip on the activities concerning Matched Betting UK, it is very important to use a top-rated and reliable betting calculator. Keep in mind that the calculator should be very user-friendly and have lots of attributes to help you dig through the different strategies of matched betting, considering tons of quantitative parameters.
You don’t have to be experienced or an expert
No experience or expertise is required to get involved in matched betting, as following a simple Matched Betting Guide such as this is more than enough to earn a big profit margin.
Useful Guide: Start Matched Betting - Here's what you're missing!
Consult with a good service provider
You can consult with a good service provider such as Profit Squirrel to avail Free Matched Betting Service to gain further insights on this interesting field.
One-time payment
Your very own personal matched betting expert is assigned to you.
Your expert gets to work
Your personal expert starts making your profits. With just a few clicks you’re cashing in.
Watch your bank grow
You’ll be making thousands of pounds. A great second income to be proud of.
30 Days Money Back Guarantee
We guarantee you'll make a profit or your money back.
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!
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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.
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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.
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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
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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.
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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.
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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.
Your Next Steps...
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Follow our Matched Betting Guides
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Make a start with your first welcome offer
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We have lots of support options!
If you don’t receive an email from us, check your spam filter. The email will be from no-reply@profitsquirrel.co.uk