Matched Betting Explained In 12 Minutes!

In this video I'll explain Matched Betting simply in just 12 minutes ⏳ Never bet before? No problem! 60% of Team Profit members had never placed a bet before in their lives!

By the end of this video you'll know exactly how to make money online by taking advantage of Bookmaker Free Bets.

0:00 - 2:23 MB Intro
2:24 - 5:58 Betting Basics
5:59 - 9:07 Exchanges
9:08 - 12:05 Liability
12:06 - 12:27 Next Steps

Now, You've probably seen Bookmakers offers advertised on TV.

Usually it's something like sign up today and bet £5 to get £20 in free bets.

We will show you in this video how these offers can be taken advantage of
to make money WITHOUT gambling a penny.

By using Betting exchanges we can bet for and against each outcome to
eliminate risk and extract cash from free bets.

There are well over 30 bookmakers that offer these free bets, meaning
we can make a lot of money from these sign up offers!

- On average you'll be making £30 per hour!

- You can start with as little as £10, or more if you want to profit faster.

- Any profit made is technically "Gambling Winnings" and therefore tax free.

- Bookmakers offer free bets to existing customers too, meaning you can make
continual profits.

What if you've never placed a bet before?

Over half of Team Profit's users had never placed a bet before in their lives!

All you need to know is what odds are and what a free bet is.

Odds are the probability of something happening and can be expressed in
either decimal (1.2, 3.0, 5.4) or fractional (1/2, 7/2, 5/1) form.

In matched betting we only ever use decimal.

So if I bet £10 on say England to win at odds of 3.0.

If my bet won, I would get £10 x 3.0 = £30 back from the bookie. £10 of this is our stake back and £20 of it is winnings.

The other thing to understand is free bets. A free bet is a reward given to
us by the bookmaker and works the same as betting with our own money
except that we don't get our stake back.

So for example if we put a £10 free bet on England to win at odds of 3.0
we would return £20 instead of £30 because we don't get our £10 stake back.

The next thing to understand is what a betting exchange is.

An exchange is a marketplace where people can bet between each other..

So if you bet that England would win on an exchange, I could accept that bet and essentially become the bookmaker. If England won, I would have to give you back your stake and pay you out winnings. However if England drew or lost, I would keep your stake that you bet with me.

We can therefore use the exchange to cancel out the bet we make with the bookmaker to unlock the free bets.

Say we bet £5 for example on England to win on a bookmaker, then we accept a £5 on England to win at the exchange (this exchange bet is essentially betting against an England win, or in other words betting on England to draw or lose)

This way we don’t lose or win anything from these two bets, but we do unlock the £20 free bet from the bookmaker, and that’s how we make the profit.

Finally, we must understand Liability.

Liability is the amount we must pay out if our lay bet loses or in other words what we have to pay the exchange user if their bet that we accepted, ends up winning.

So for example if we take someone’s £5 bet at odds of 3.0 on the exchange, and their bet wins, we must return their £5 stake and pay them £10 of winnings. This £10 of winnings if our liability.

Those are the fundamentals of Matched Betting! To do your first offer, click the link at the top of this description to follow along with the step by step video guides.

HELPFUL LINKS

1) Start Here

Rewatch the explainer videos one by one or move onto the step by step guides to complete your first offer!

2) Start with £10, £25 or £100

The list of Welcome Offers come with week by week plans help you to turn £10, £25 or £100 into £1,000 within 3 months in your spare time. Choose a plan and profit each week!

3) Profit Tracker

This is a free spreadsheet you can use to track your balances and profits whilst completing the Welcome Offers.

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CONTACT US

YouTube COMMENT on this video and I'll do my best to help, cheers!

[cameronleehorace]

If maths lessons in school had a motivation like this then it makes maths fun. I hated maths in school but I now love reading about maths to work our probability and strategy.

[smartpunts]

Like the whiteboard style, easy to follow.

[IAMLION]

When you take time to understand and learn it this really is possible can't wait to get started

[ducky]

I saw a youtuber you sponsored and came here and it sounds great, not a full time job but good extra money

[chrischris]

I am doing this since 2021 entirely with my own money. I have never used the welcoming bonus which the bookeys give you. I have signed in 20 betting sites. I also do arbitrage betting which goes well too. Since March 2021 till now I managed to generate more than 80000£. I started with 20000£ .THE TRUTH BEHIND ALL THIS IS TO NEVER LOOSE PATIENCE AND ALWAYS STAY SHARP AND DO NOT PUT ANY FEELINGS DURING BETTING. And yes nothing comes easy you really gonna need to put a lot of effort and spend a lot of time infront of the PC if you want to achiev decent amount of money.

[lifeisgreatx]

Straight over my head but I will stick at it 🤣🤯

[DanteneNyx]

I confused as to where the actual profit comes from. Going from the video, it seems like you always break even

[cAzair]

I cannot wrap my head around any of this

[tempzira]

If I'm understanding this correctly, you could also make profits out of the winnings alone. Let's say both odds are above 2.0. Example £10 2.5 to win and £10 2.3 to lose/draw. You have a capital of £20. Whatever the outcome is, you'll either gain 3 pounds or 5 pounds. Is that right? So you don't have to be reliant on the free bets and create multiple accounts on those platforms.

[jamesadcock]

Once risked losing 1k to win £80 on the final round of the masters golf with betfair. Was a bit nervous but easy money otherwise

[WestHamNil]

Great video. But it seems to me from your examples you always seem to break even (i.e. the grey £0 column). How then do we make money? What am I missing?

[internetbully]

if you dont deposite from debit/creditcard you can forget match betting you dont get the bonus. if you not from the UK more than half of all bookmakers are not available

[jakubkost]

But if it were to be risk free, there would have to be 1:2 profit ratio for both outcomes ir more

[channelledomestry]

How is to risk free... if you have to deposit money in order to make the free bets? For example I deposited £30 and got a £30 free bet but only won £22 from the free bet. But I did lose my £30????

I don’t understand it

[ElliotCoen]

How do you make this kind of video? Does it take ages to draw? It's great.

[matthewchapman]

I have started using matched betting group (free trigger calculator). Fraction of the price of other matched betting software.

[maxryder]

Even if you don’t have any knowledge of sports or betting, trust me it’s extremely easy to do, and one tip I do suggest is make sure to have some funds in your account to cover liabilities which you can’t lose anyway

[hypercc]

Can someone answer a question for me. I'm (very) slowly getting my head around match betting but I'm yet to place my first bet.
For this method to work multiple times does it mean having to sign up to multiple online bookies? As this seems to only work based on the free bets you get for signing up I'm assuming it will only work for a individual bookmakers site just once. To capitalise on it again then I'm guessing you need to sign up to another bookies, use their free bet and repeat.
Is that correct or am I missing something?

(Hope that makes sense)

[KieranWxm]

I'm missing something here....I understand how there is a nigh on break even situation with the lay bet and backed bet (minimal cost due to bookie odds and betfair commission). But there is no advice on how to bet the free bet - are you saying that this is the one that is the "luck" part of the process? It may end up in the winnings as profit, but may also result in it not being a successful transaction and so back to square one? How often are these promo bets available as I thought they were only for new customers and so this is maybe a rare opportunity?

[Lynn-ppvn]

Does the tax free only apply within the UK? What if I match bet in Australia, do I have to pay any liability?