Matched Betting For Dummies - Complete Guide
Matched Betting is a riskless, straightforward, and effective betting technique that enables you to Make Money Online through free bets/incentives as offered by bookmakers. The strategies of matched betting are based on mathematical equations, and not on chances.
As a top-rated UK Matched Betting Site, Profit Squirrel proficiently helps you earning Second Income inconsiderable amount, at a consistent rate. You would be more than pleased to use our platform and techniques to sustain a parallel stream of income without hassles.
How do the matched betting techniques work?
Through matched betting strategies and techniques, you basically bet on all possible outcomes in order to ascertain a winning amount, irrespective of the result. The profit is said to be risk-free. You get a guarantee of winning the bet.
Useful Guide: How Does Matched Betting Work?
Is it legal?
The short answer is – YES, the field of matched betting is completely legal. The platform of Profit Squirrel assures you that in UK, matched betting is considered to be a legal activity by the concerned authorities. All aspects of matched betting fall under the regulatory framework of UK laws.
Related Guide: Is Matched Betting Legal or illegal?
Is knowledge on betting required?
In order to Make Money from Matched Betting, you don’t have to know a lot of things about the subject. You can simply follow the specific video instructions and blogs of Profit Squirrel to earn handsomely, each month. The rules are simple to follow and execute.
Also Read: You don’t need to be good at Maths for Matched Betting
What is the usual amount of earning?
The earnings could be huge, if you put a little effort each month. There are lucrative offers to newcomers from the bookmakers. Also, they regularly update offers to retain the old customers. Earnings could be to the tune of £300 to £600 per month to begin with. When you gain more experience, it is not uncommon to earn an amount of £1500 per month.
Also Read: How Do I Earn Big Amount from Matched Betting?
How much time should be invested?
It depends on the skills and experience of the individual, and his/her target to earn a certain amount. Usually, in order to earn £300 per month, putting 5 hours of effort each week is more than enough. Perseverance is one of the key elements to earn more from matched betting.
How to Start Matched Betting? - Beginner's Guide
Where can I start?
The website of Profit Squirrel is a trusted and result-oriented platform where you can convenient start your journey, as we offer Free Matched Betting Service to interested customers. There are tons of valuable resources on the platform that you can use to your benefit.
Learn Everything Before You Start Matched Betting
- What is Back and Lay Betting? Full Guide
- What is a Betting Exchange?
- Matched Betting Calculator
- What is No Risk Matched Betting?
- How Betting Odds Work? Explained
- Matched Betting Offers for Existing Customers
- What is Liquidity in Matched Betting?
- What is Liability in Matched Betting?
- What Is Arbitrage Betting?
- Dutching Calculator/Software
- Does Matched Betting get you banned?
- Pros and Cons of Matched Betting
- Best Matched Betting Software
- Match Betting Tips
- Is Matched Betting guaranteed?
- What are the Risks of Matched Betting?
- Is Matched Betting hard?
- Can Matched Betting work for anyone?

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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!
