Top Matched Betting Tips For Beginners That Will Help You Profit

Matched betting is a process that can be used to make guaranteed profits from bookmakers’ offers. It is not gambling, but a method of trading that takes advantage of the free bets and bonuses offered by bookmakers. There are no risks involved, as you are only betting on outcomes where you know for certain you will win. This makes it an ideal way to make risk-free profits from your favorite sports or racing events. However,  it can be a little confusing for beginners. That’s why we’ve put together this handy guide of top tips to help you get started and start making profits from matched betting.

Always Check the Terms And Conditions Before Placing a Bet

As mentioned already, matched betting revolves around taking advantage of bookmakers’ offers. These can come in the form of free bets, bonuses, or other promotions. By understanding what is matched betting and how does it work, you can avoid any potential losses. The most important thing you must remember is to always check the terms and conditions of any offer before placing a bet. Bookmakers will often have different requirements for you to qualify for a free bet or bonus, so it’s important to read the small print and make sure you meet all the criteria. Failure to do so could result in you not getting the free bet or bonus, or even worse, voiding your winnings.

Use a Matched Betting Calculator

Once you’ve found an offer and checked the terms and conditions, you need to work out how much to bet to guarantee a profit. This can be a little tricky, especially if you’re new to matched betting. Luckily, there are some great tools available that can do all the hard work for you. A matched betting calculator is an essential piece of software that will quickly tell you how much to bet and how much profit you stand to make from any given offer. You can find plenty of free matched betting calculators online, so there’s no excuse not to use one! Just enter the details of the offer into the calculator and it will do the rest.

Start Small

When you’re first starting, it’s a good idea to start small and gradually increase your bets as you become more confident. This will help you get used to the process and avoid any costly mistakes. It’s also a good idea to focus on offers with low qualifying odds, as these will be easier to convert into profits. Once you’ve built up your bankroll, you can then start to take advantage of more lucrative offers with higher odds. Additionally,  always remember to withdraw your profits regularly. This will help you stay in control of your bankroll and avoid any temptation to gamble with your winnings.

Use Multiple Accounts

To take advantage of as many bookmakers’ offers as possible, you will need to open accounts with multiple bookmakers. This can seem like a lot of work, but it’s actually quite straightforward and only takes a few minutes per bookmaker. Additionally, many bookmakers offer sign-up bonuses when you open a new account, so it’s worth doing. Once you have several accounts set up, you can then start shopping around for the best odds and offers on each event. This will ensure you always get the best value for your bets and maximize your profits.

Keep Detailed Records

One of the most important things to remember when matched betting is to keep detailed records of all your bets. This includes everything from the bookmaker, the offer, the odds, the stake, and the outcome. These records will be essential if you ever need to query a bet or dispute a bookmaker’s decision. Additionally, it’s also a good idea to keep track of your profits so you can see how well you’re doing. There are plenty of great matched betting software programs available that can automate this process for you and make it much easier. They can even help you find new offers and keep track of your progress.

Shop Around For The Best Odds

When placing a bet, always make sure you shop around for the best odds. This might seem like a lot of work, but it’s quite easy to do with the help of odds-matching software. This type of software will quickly and easily compare the odds from multiple bookmakers so you can find the best value bet. Additionally, many odds-matching programs also have built-in calculators that will tell you how much to bet and what your potential profits could be. This is a great way to save time and ensure you always place profitable bets.

As you can see, entering the world of matched betting is not as complicated or risky as it may first seem. By following the tips listed above, you can quickly start making consistent profits from bookmakers’ free bets and bonuses. Just remember to start small, keep detailed records, and always shop around for the best odds. With a little practice, you’ll be an expert matched bettor in no time