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Can You Really Make Money From Matched Betting? (hint: it’s not gambling)
Matched betting is not gambling. It is a technique to make guaranteed tax-free legal income from scalping free-bet introductory and reload-offers from online bookmakers in the UK and EU. I repeat — it is not gambling.
Applied correctly you’re using trading exchanges and gifted capital to make money regardless of any betting odds.
At its simplest, here’s how it works:
Step 1: You sign up with a betting exchange like Betfair.
Step 2: You sign up with a bookmaker like Coral and deposit some money in preparation for a qualifying bet.
Step 3: You use a bet-matching tool like Profit Accumulator to find suitable bets that lose a small amount of money (don’t worry, you’ll be making this back in a moment).
Step 4: You then make a back bet for an example stake of £10 which pays £27.50 if you win.
Step 5: You make an opposing lay bet for a stake of £30 which wins £7.50 if the opposite player/team/horse loses.
Stake 1 + Stake 2 =40. Both simplified example bets pay back £37.50. Your total exposure is -£2.50 whatever the outcome. So, here’s the clever guaranteed money making bit.
