What is Matched Betting? 2025 Beginners Guide

Having a separate account for betting, sports trading or just matched betting is the first step to managing your budget correctly and having complete control over it. You will want to use a matched betting calculator to save time and minimise errors. The first one is the matched betting calculator, and without it, you can make a lot of mistakes.

Step-by-Step Guide to Getting Started

• I don’t have much to start off with and knowing I have to have enough to cover the liability is worrying.
• Based on my Spain example, that is a stake of £9.48, resulting in a slight overall loss of no more than 52 pence.
• Always read the terms and conditions carefully to understand any minimum odds, wagering requirements, or expiry rules.
• We’ve already taught over 150,000 in the UK how to do it, making us the #1 Matched Betting service.

There are plenty of stories of people making £500 to £700 in a single month by matched betting. However, keep in mind that this is not a long term betting strategy. Within a month, you will probably exhaust all the welcome offers UK bookies have to offer.

Matched Betting with BetConnect: Zero Qualifying Losses and No Commission

Don’t misrepresent any of your details as it could cause you a lot of bother. They also match new accounts up with old ones, so bare that in mind. If however you have a permanent address abroad, then you may have the right to bet from that location as a citizen of that country. But you’d still need to show evidence that you’re a resident. In this case it’s perhaps not an issue if you logged in https://indiaroobet.com/ remotely from Greece. Luckily I could recall some of the questions I had when I first did it myself.

For example, according to the rules of the Coral welcome bonus, your qualifying wager can be placed on any sport – but it must be at odds of 1.50 or higher. It will be your first small step in reducing the risk of making a mistake. In addition, there is also the possibility that there is not enough money available at a given odds that you should bet. If they don’t restrict our account, they will exclude us from promotions. The final but equally important factor is the number of accounts at each bookmaker. As you can see, no matter the outcome, we make a guaranteed profit of over £9 from the £10 bet credit.

Let’s look at your overall profit/loss for the potential outcomes. Your Smarkets screen should now update to display your potential profit or loss for each possible outcome. You know you need to place a bet of £10 to qualify, so you can do that now.