Is Matched Betting Legal or illegal? Is it Safe?

One of the main dilemmas that most beginners have is whether matched betting is legal or illegal. Many among you hesitate to get directly involved in matched betting activities as you are unsure regarding its legality. After reading this blog, your confusion would be over.

Relief for you

The short answer that you are searching for is – YES, matched betting is completely legal in the UK. Irrespective of your location in the UK, you can smoothly participate in the activity of matched betting without any problem. Isn’t this a relief for you, especially when you are a novice?

Related Guide: Matched Betting For Dummies - Complete Guide

Free bets are legal, too

You would be more relieved to know that free bets offered by various bookmakers are legal, too. There would be absolutely no issues in leveraging the free bets to improve your earnings. But keep in mind to not use the technique frequently in order to avoid a ban on your betting account.

Everything within the regulatory framework

Each and every aspect of matched betting in the UK falls under the regulatory framework of the country. All administrative procedures, along with financial transactions, are completely legal to the core.

Since it is legal, so it is safe

It is very obvious, isn’t it? The degree of safety depends on how much (to what extent) legal an activity is. As you already know by now that matched betting is entirely legal, so it is pretty safe to get involved in it.

Transactional safety

There are more dimensions to the term ‘safety’ when it is about matched betting. When you choose a reputed bookmaker and a betting exchange, remain sure regarding safe and secure transactions on the platforms. Your money is protected. There are no chances of any digital fraud. You can place bets with total liberty.

Also Read: Earn more Money with Matched Betting

Is there a legal manual?

There is no specific legal manual related to Matched Betting. But, if you really want to get your concepts cleared on this issue, then do not hesitate to discuss matters with a veteran punter in the circuit. Digging the internet might get you some soft copies of help books in this context.

Also Read: Why isn't Everyone Doing Matched Betting?

Is personal data safe?

Absolutely! You should never keep any doubt in mind. Every bit of your personal data is completely safe on the betting platform. There is strong encryption attached to the personal and financial information of each bettor.

Also Read: Everything You Need To Know Before You Start Matched Betting

Is it a scam?

Not at all! It is a misconception to consider Matched Betting activity as a scam. People from various professional backgrounds in the UK regularly participate in matched betting. Those who win profit margins do get their money. There is no trace of any scam anywhere.

Also Read: How Matched Betting is the Best Way to Make Money Online?

What about any changes in legality?

You will know them. A top-rated betting exchange, bookmaker or betting service provider would always inform you regarding relevant legal changes in the Matched Betting market and associated policies. You would be notified via e-mails in most cases. Also, when you avail a Free Matched Betting Service from experienced professionals, you can easily know about such legal changes.

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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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