Make Money Online - Learn Matched Betting Guide Free
There are many guides across the web teaching you about matched betting. But, most of them are intimidating. The text is very complex. There is a lot of jargon. On a practical note, you receive very little help. Here is a nice, friendly, and free guide for people like you who want to start their journey on the exciting path of matched betting.
The definition of matched betting
Matched betting is a special type of betting where you bet on all possible outcomes of an event. It means you trade on all the results of, say, a sports match.
A simple example
An example will make it clear. Suppose there is a football match - between A and B. Furthermore, suppose it is a league match. There are three outcomes – either A wins, or B wins, or there is a draw. In matched betting, you bet on the chances of victory of A and on the chances that A does not win the match (either B wins or it is a draw).
There is no risk
The amazing thing about matched betting is you do not have to counter any risk to win big profit margins. The betting strategies on both sides of the trade cancel each other. You win at one of the bookmaker’s platform. It is a very smooth way of making a good amount of money.
It is not gambling
Keep in mind the fact that matched betting is not gambling. You will get relief to know that it is completely legal. There are no unscrupulous shades in it. In the UK, the operations of matched betting take place with a strong regulatory framework. You can remain sure about it.
Also Read: Is Matched Betting Legal or illegal? Is it Safe?
You place a back bet with a bookmaker
In matched betting, there are two kinds of bets. There is a lay bet, and there is a back bet. You place a back bet with the bookmaker. It is wise to choose a bookmaker that has a fair amount of reputation in the betting circuit. It is intelligent to do a bit of research.
You place a lay bet with a betting exchange
On the other hand, you need to place a back bet with a reliable betting exchange. The effects of a lay bet and a back bet cancel each other. You become the winner. There are profits you can grab.
Always use a matched betting calculator
The good, old recommendation about becoming an expert in the field of matched betting is to always use a feature-rich matched betting calculator. It helps to keep your focus. You are aware of the predictions. Moreover, your quantitative assessment becomes stronger. It creates more value for you from a strategic point of view. Also, it boosts your confidence to a good extent.
Useful Guide: How to Use a Matched Betting Calculator?
Gather the basic details
Improving the profits margins is an obvious priority. You can do it by getting Free Matched Betting Service from experienced punters. They teach you many types of tricks and tips. Also, you can read blogs like the one you are reading right now!

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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.

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!
