Make money from Matched Betting (full guide)

bag of moneyNow, I'm not a gambler by any means. But I have made enough money from bookmakers in just six months to pay for an £860 flight (return) to Australia. And I've got some company too after walking a good friend through this risk-free technique.

The result is this guide, where I'll share the exact steps with you too, including screenshots and a free tool.

Why should I trust this guide?

What I'm teaching you here is a completely legal, tried-and-tested method called 'matched betting'. It basically allows you to turn the tables on the bookmakers to extract their free bet offers.

Matched betting is legal and a spokesperson for William Hill has indicated that the betting industry does not have a problem with this use of free bets – Wikipedia

student thinking
I've used it myself for several years and have never lost any money doing it, but I have taken my time and been very careful to avoid making mistakes. Do not rush this guide – make sure you understand it 100% before depositing any money, and please ask any questions in the comments if unsure of anything.

I'll be taking you through the 'need-to-knows' then showing you how I made £15 in 30 minutes in a full-blown example.

There are websites out there that charge you handsomely for this information, but you don't need to pay here. Put half an hour aside, read this guide carefully, and you'll have made your first matched bet and up to £20 profit.

Article in the Guardian on matched betting

Piece by The Guardian on making money from free bets

Positive comments

One of many comments on this page by other readers

What is Matched Betting?

Matched betting is a way of squeezing out the many free bets offered by bookmakers. All the bookies promote these offers (especially during big sporting events) to entice new gamblers to place bets with them.

For example, "bet £25 with us and we'll give you a £25 free bet!".

Matched Betting Header

How does it work?

Firstly, you don't need to know all the betting terminology if you follow the steps below, but it's important that you know two types of bet which allow matched betting to work:

A 'back' bet

Betting for a certain outcome to come true. Eg. "I bet England will win" is a backing bet. If it comes true, you win the bet and the winnings. If England lose or draw, you lose your stake. You can place a back bet at any bookmaker, such as Paddy Power, William Hill, Ladbrokes etc.

A 'lay' bet

Betting against a certain outcome to come true. Eg. "I bet England will not win" is a lay bet. If they lose or draw, you win the bet. You can only place a lay bet at a betting exchange such as Betfair.

Matched betting works by cancelling out the risk on the 'back' bet at the online bookies by betting against yourself at the same odds (know as 'laying' a bet) which you can do at a betting exchange. In other words, you are 'matching' your bet.

smiley_faceFollowing your first or 'qualifying' bet, you will then be awarded the free bet by the bookmaker. This is where the profit is made. Quite simply, you repeat the process: bet using the free bet and then lay the bet. Whatever the result you are guaranteed to make a profit (which I'll be demonstrating below).

How much profit can I make?

For each matched bet, you will be left with up to 95% of the free bet amount as profit. This is because betting exchanges usually charge a commission of 5% on winnings. You may also make a very small loss on the qualifying bet due to the minor difference in odds on each website. This is normal, and you will recoup this when you use the free bet.

poundsign_shakyIn the steps below I'll show you how to profit from a £20 free bet using a real life example. Replicate the same steps across the hundreds of free bet offers each year and you can quickly be looking at £1,000s. Personally I have made just over £1,200 in 18 months from matched betting alone.

And it's worth pointing out, earnings from the gambling industry are currently tax-free.

What's the risk?

question_markAnyone can learn how to do matched betting and, in theory, there is no risk involved because you are covering yourself by betting for and against the same event.

However the risk comes when mistakes are made so, once again, you need to double-check everything and follow the steps exactly. On rare occasions free bets do not always come through right away, so just be patient.

Once you've understood the process and been successful by following the steps below, you can then continue matched betting at many other online bookies with free bet offers (see my table at end) which can quite quickly land you a lot of money without risk.

It's also worth knowing that depositing at gambling websites does not affect your credit rating.

I make no apologies for the length of this guide! You'll need some patience and about 30 minutes to spare. Bookmark it if you want to come back later.

Your First Profit in 7 steps

Note: This is literally a step-by-step, hold-your-hand kind of guide. There's lots of fragmented information out there on forums etc, which can often result in costly mistakes for novices. Below I outline exactly the steps I follow, using the practical example of one PaddyPower free bet. So long as you follow word for word, you can't go wrong. I strongly suggest reading through all the steps first before making any bets. Join my free mailing list and leave a comment at the bottom if you need any help.

  1. Sign up for Betfair.com

    Betfair logo whiteBetfair is a betting exchange where you can 'lay' bets to cancel out your risk at the bookmakers.

    Unlike traditional bookmakers, Betfair is a place where you bet against other people.

    They sometimes even offer free bets for new customers too (if you're lucky).

    Register on Betfair.com

  2. Sign up for WilliamHill.com

    Free bet The best offer by far right now is with William Hill who are offering £20 free bets on new sign ups when you bet just £10 (don't worry we'll be matching this too). So we'll be using this 'bookie' in this practical example.

    Always check the T&Cs of receiving free bet offers. There may be some restrictions on what you can bet on or an expiry date.

    They will also tell you whether or not the free bet is returned with winnings. In this example and generally speaking it is not, but we'll still be making a nice profit.

    During registration, enter the promo code F20. You will be prompted to make a deposit. Choose one of the many payment types and deposit just £10 (needed to unlock the free bet).

    Register on WilliamHill.com

  3. Use decimal odds

    Once you've logged into WilliamHill.com, change your odds display from fractions to decimal for easy comparison with Betfair. You can do this from the dropdown under the main navigation area (eg. in the middle of the sports homepage). This is essential!

    Choose Decimal Odds

    Found under main navigation

  4. Find & place your qualifying bet

    Ideally you want to find a sporting bet (I recommend football) which has the closest odds on both WilliamHill.com (the bet to back) and Betfair.com (the lay bet).

    Lay odds on Betfair are the red boxes, not the blue. If you cannot see any red boxes, you need to go to the exchange by clicking the top left link "Go to Exchange" or "Exchange".

    Betfair Exchange

    For this free bet offer, William Hill's terms state you must pick odds of 1.2 or greater. It's better to choose a bet with low odds for this step, between 1.2 and 4.0 if possible.

    See my example below then use the automatcher tool which does everything for you!

    My example

    I used the automatcher below which suggested a football match between Everton and West Brom. So I put "Everton v West Brom" in the search boxes on William Hill and Betfair which quickly threw out the Match Odds (ie. Win-Draw-Lose) on both sites.

    I will back Everton to win at WilliamHill.com with odds of 1.61 and lay that same bet on Betfair.com with odds of 1.60.

    Choosing the odds

    In my example bet, the difference is 0.01 which the automatcher calculated as giving me a small acceptable loss of 13p on this qualifying bet.

    Here are my betting slips on both websites for my qualifying bet:

    Matched Bet Betslips

    Automatcher tool (Qualifying bet)

    Use the automatcher tool below (which replaces my spreadsheet). This will save you a LOT of time and maximise your overall profit.

    It fetches live odds from William Hill and finds the equivalent lay odds on Betfair for thousands of upcoming football matches.

    The hardest part is also done for you, which is to calculate the best matches for your qualifying bet based on the closest possible odds and smallest loss. Feel free to switch between them and the steps and calculations will be updated (below the table).

    Just click the blue refresh icon to start and then follow the 4 steps.

    Get bonus tips & notifications

  5. Claim your free bet

    In my Everton v. West Brom game, Everton won 2-1. So my return of £16.16 ended up on my William Hill account. Meanwhile I lost the £6.23 (my "Liability") on my Betfair account. The total amount between the accounts is therefore £9.93, which is a loss of 7p (marginally less than the 13p estimate, due to some tiny differences we don't have to worry about).

    Now I have placed and seen through the £10 qualifying bet, I now have a £20 free bet!

    This gives me a total credit of £36.16 in William Hill, but I'm only going to use the £20 free bet and will withdraw the rest later. My Betfair account is down to £3.77 (my initial deposit of £10 – £6.23) and will need topping up for the next bet (see below).

    So whatever your outcome, because you matched the bets, you will have close to your £10 back between the 2 websites (minus the small loss we expected).

    The free bet of £20 will be credited to your William Hill account (click on "My Account" at the top to see your free bets).

  6. Find & place a new bet

    We're basically going to repeat the process in step 4, but using the £20 free bet instead of the £10.

    Update: If you receive 2 x £10 free bets, simply place them on the same event but as separate bets.

    This time it's worth picking odds greater than 3.0 to maximise your profit, but just bear in mind that the higher they are the more you'll need to have in your Betfair account to lay it (see the "Liability" amount in the tool below).

    My example

    I used the next step of the automatcher (embedded below) which suggested a football match between Algeria and Ivory Coast. The odds are above 3.0 and have only a 0.1 difference between the websites.

    You'll see below that I am backing Algeria to win on William Hill (5.0 odds) and then I'm laying that bet (for Algeria not to win) at Betfair (4.9 odds).

    Choosing the odds again

    On Betfair I already had £3.77 remaining from the first bet, so I deposited £61 to more than cover my calculated Liability (total £64.77).

    Here are my bet slips on both websites for my free bet (I actually placed 2 of the same bet on William Hill since they split my £20 free bet into 2 x £10 bets):

    betting slips using free bet

    The automatcher below calculated that I'll make a clear profit of £15.67, whatever happens. Nice :)

    Automatcher tool (Free bet)

    Just click the blue refresh icon to start and then follow the 3 steps.

    Once again, feel free to switch between the matches in the table and the calculations will be updated.

  7. Cash out the profit

    Whatever the outcome, you will now be in profit to the amount calculated in the automatcher. Now it's time to cash out!

    In my example of the Algeria v. Ivory Coast game, the score ended in a draw at 2-2. This means that I lost my £20 free bet on William Hill (because I backed Algeria to win) and the winnings of the matched bet totalling £16.49 ended up in Betfair. Once you deduct Betfair's 5% commission on winnings I'm left with £15.67 profit, which is exactly the amount of profit calculated for me by the automatcher.

    My matched betting profit

    After both matched bets, I now have £16.16 in my William Hill account and £80.44 in Betfair. William Hill will only let you withdraw a minimum of £10 (even though I didn't have to) so you may need to top it up first. I then withdrew the full Betfair balance back onto my debit card.

    My total profit from both matched bets, accounting for all factors such as the 7p loss on my £10 qualifying bet, totals £15.60. I spent just under 30 minutes on the whole process, giving me an hourly rate of £31.20 if I move onto the next of many free bets out there (best listed below). Beats stacking shelves…

Please share with your friends!

If you enjoyed and profited from this guide, sharing it is the best thanks you could give. And I'm sure they'll appreciate it too :)


More Free Bets

chart risingIf you are confident enough with the process of matched betting and eager to make much more profit, then work through the free bet offers in the table below (ordered by ease).

The same key steps above still apply, and I've written a mini guide for each one. As always, check the terms of each offer.

Subscribe for new free bets

As you can imagine, free bet offers come and go. Most weeks I scout around for any new ones, and if I think they're worthwhile I'll add them to the table below.

But subscribe to my free bet offers list and I'll share the best ones with you before anyone else, as well as the odd extra tip.

 

Current free bet total: £533

BookieDepositFree betMin. oddsClaim offer
Paddy Power£10£201.50Claim Now »
Ladbrokes£25£251.50Claim Now »
Coral£5£201.50Claim Now »
Sky Bet£5£202.00Claim Now »
188Bet£50£501.50Claim Now »
888sport£10*£882.00Claim Now »
Betfred£10£302.00Claim Now »
Tote sport£5£102.00Claim Now »
BetAtHome£30£151.70Claim Now »
Betfair Sportsbook (not exchange)£5£101.20Claim Now »
William Hill£10£201.20Claim Now »

Click for even more free bets »

Note: Although the greatest care is taken and these free bets are researched regularly it's important that you check the full terms and conditions of each free bet offer after clicking through to the bookmaker's site.

Need help? Got a question?

For anything else, please use the comments below and I'll get back to you.

Disclaimer: Please note that neither the author nor this website accept any liability for how you use the advice given on this page. So read it carefully, and if you decide to follow the steps then you use it at your own risk! Gamble Aware.

Leave a comment



1,165 Responses to “Make money from Matched Betting (full guide)”

  1. Lynsey frith

    27. May, 2015

    I’ve been searching the William hill website and can not find anywhere to change it to decimals

    Reply
    • Jake Butler

      28. May, 2015

      Please make sure you are on a computer and see step 3 of the guide.

      Reply
    • chohan

      28. May, 2015

      even i cant find this option so thats still i dint make any bet

      Reply
  2. Susann

    24. May, 2015

    Hi, if i wanted to make a larger bet to increase returns, is it just a question of multiplying the stakes you list? For example if I wanted to bet £100 instrad of £20 on a team winning, could i just multiply the stakes shown by 5?
    Another question – sorry. I don’t understand why you specify bigger deposits for betfair than the stake -eg one example says to deposit at least £50 with Betfair but stake £24 on this bet. Does this mean if you lose on betfair, they take the loss from your account?
    Thanks

    Reply
    • Jake Butler

      25. May, 2015

      There’s no need to do a larger bet than you need. You only make profit from the free bet amounts.

      The stake in Betfair is different from your liability (the amount you stand to lose). You need to deposit enough money to cover the liability.

      I would suggest reading through the guide a couple more times to make sure it all makes sense.

      Reply
  3. James Blake

    21. May, 2015

    Hi,

    i don’t understand the sentence “This time it’s worth picking odds greater than 3.0 to maximise your profit”

    Are we not only making money off the free bet? so the odds shouldn’t matter once they are the same (bet and lay bet)?

    Reply
    • Jake Butler

      22. May, 2015

      Yes you only make money from the free bet. It’s important that the bets match closely and this is more likely at odds over 3.0 which is why we suggest this.

      Reply
  4. Joe

    19. May, 2015

    Can you make more than one William Hill account for this to get more free offers?

    Reply
    • Jake Butler

      19. May, 2015

      No.

      Reply
  5. Daphne

    18. May, 2015

    What a wonderful Guide, Thank you sharing it for my first bets to come through now. On that topic I noticed on Befair you can change odds on the lay bet is this something worth exploring or do you go with what is available by betfair at the time. So to illustrate The Juventus v Lazio game currently running at 2.1 on William Hill and 2.24 on Betfair but it seems I can change the odds to 2.1 on betfair so I can avoid the loss (with the exception of commission). Am I right or have I made a miscalculation here.

    Reply
    • Jake Butler

      19. May, 2015

      Do not change the odds on Betfair as it’s likely nobody will match them and you will be left out of pocket.

      Reply
      • Daphne

        19. May, 2015

        Thanks

        Reply
  6. simon

    17. May, 2015

    The free bet from 188 Bet requires you to wager your deposit 5 times before you can get your £50 free bet. What happens if you ‘lose’ the intial qualifying bet, ie it end up in your betfair account? Would you qualify for the free bet?

    Reply
    • Jake Butler

      18. May, 2015

      It doesn’t mean the actual deposit it just means the amount of your deposit. If you lose on 188Bet you will need to top up your account to wager that deposit amount again.

      Reply
      • Paul

        22. May, 2015

        Does this mean you actually have to wager £250 with 188 to get your free £50 bet?

        Reply
        • Jake Butler

          25. May, 2015

          Yes that’s correct.

          Reply
  7. Willem

    16. May, 2015

    is it possible and legal to create new accounts and email addresses to use the same website’s free bets more than once?

    Reply
    • Jake Butler

      18. May, 2015

      This is fraud. Do not do this.

      Reply
  8. Owen

    15. May, 2015

    Thanks for this! It’s bloody genius, praise to the person that thought of it and to you for sharing it. Any idea how long matched betting has existed? I can’t imagine it would stay legal for long if it really caught on, surely?

    Reply
    • Jake Butler

      18. May, 2015

      It has existed for years and will always be legal. The betting sites know about it and unless they stop offering free bets or Betfair ceases to exist there is not much they can do to stop it.

      Reply
  9. Jennifer Gall

    15. May, 2015

    Hi can you explain why you can’t do this through just one betting site eg place a bet for one team to win and the other to win or draw? Thanks

    Reply
    • Jake Butler

      18. May, 2015

      You can’t. You need to use an exchange site like Betfair to lay the bet.

      Reply
  10. Sam

    11. May, 2015

    Hi again. An alternative site are claiming you can make £1500 in a month – and something about reload offers being better than initial deposit offers? – you have to sign up to their monthly package though – can’t help thinking this is paying £18 per month for the same thing you get on here. Do you know anything about them? Any idea how you get reload offers? I dread to think what you need for liability bets to get this amount.

    I’ve made £100 this week – I’m really chuffed! Thanks :) for this wonderful guide.

    Reply
    • Jake Butler

      12. May, 2015

      You do not need to pay to do matched betting. Steer well clear!

      Reply
  11. Mike

    11. May, 2015

    Hi Jake. First of all thank you for writing the article. Im slightly confused (not unsual for me), but with the above, as this only covers free bets given on registering, and as you cant register many differant accounts, this isent something you can take advantage of consistantly really is it, but just every time your bookies give out a promotional free bet?

    Thanks

    Mike

    Reply
    • Jake Butler

      12. May, 2015

      Hi Mike, that’s correct. But there are a few bookies out there with free bet offers. You can also wait in the future for more free bets to be offered.

      If it was an infinite thing I would be on a beach in an exotic island somewhere…. 😉

      Reply
  12. Dave Smith

    11. May, 2015

    Just wondering how the Bet365 offer works with the system currently.
    They offer up to £200 deposit bonus but …You must have settled bets (excluding bets that have been Cashed Out) to the value of three times your qualifying deposit and bonus before making a withdrawal.

    So i would need to win £1200 before i can withdraw? how can i do this?

    Reply
    • Jake Butler

      12. May, 2015

      You need to do the qualifying bet and then the free bet. After all that’s settled you need to do 3 x £400 matched bets using the qualifying part of the table.

      Reply
  13. Ian

    11. May, 2015

    Hi Jake have you used Titan Bet’s offer including the 25% refund on first week’s betting? It seems too good to be true…

    Reply
    • Jake Butler

      12. May, 2015

      I have not used this one as the terms were different when I did it. I would recommend looking up the terms and details properly because if it sounds too good to be true it most likely is.

      Reply
  14. sam

    11. May, 2015

    what if i lose the first game at bookmaker and win at excgange, then i should top up my bookmaker account with my fund ? is this system limited to time ? i mean as “Hi jake, So what happens when you have exhausted most the free bet offers? is there still a way to make more money? or does the streak stop there? e.g can you use your ‘winnings’ to make more cash? or… would this be unprofitable?”

    Reply
    • Jake Butler

      11. May, 2015

      If you lost your first game at the bookmaker and won at the exchange you wouldn’t need to top up the bookmaker fund as you’ll be using your free bet amount next time.

      This system is limited to free bets only. You cannot make more cash out of your own cash. Once you have done all of the signup offers you just have to wait around to see if you are offered any more free bets in the future.

      Reply
  15. Emily

    10. May, 2015

    Hi! Does this only work on free bets?
    Thanks, Emily

    Reply
    • Jake Butler

      11. May, 2015

      Yes, only with the free bets.

      Reply
  16. Lucy

    10. May, 2015

    Hi Jake!
    This sounds great, I’m just waiting for my first bet to come through.

    I was told to place £10 on William Hill on Fiorentina to win at odds 2.70, giving me £27 return if I won. This would make the loss of 27p from my betfair bet (£10.27 lay bet at odds 2.68) make sense as my liability was £17.27. However, if my Betfair lay bet wins I’ll make a profit of the £17.27. So taking away my stake from the William Hill bet of £10, surely I’ve already made a profit on the first bet?

    I’m a little confused so I’m sorry it that message was also quite confusing!

    Reply
    • Jake Butler

      11. May, 2015

      You do not win the liability. You win the lay bet stake amount.

      Reply
  17. Jim

    09. May, 2015

    Just curious, out of all the sites that you’ve use, has any of them been giving you difficulties in terms of withdrawing? or refuse to? (sorry, still a bit skeptical, with the countless sites out there and their trustworthiness)

    Reply
    • Jake Butler

      11. May, 2015

      From time to time you may be asked to supply ID for some of the sites but that’s not too much of a problem. You should check the T&Cs for and withdrawal terms too just in case you need to rollover before taking out money.

      Reply
  18. Sam

    09. May, 2015

    Hi, are you aware the £30 free bet for betdaq isn’t available anymore? I emailed them yesterday after the promo code wouldn’t work. They told me if I deposit £20 then I will get £20 back if my bet loses. Looking for a game now where I can bet on a loser lol

    Reply
    • Jake Butler

      11. May, 2015

      Hi Sam, thanks for letting us know. We’ll look into this and change it over.

      Reply
  19. roger woodcock

    08. May, 2015

    Hi. Has anyone any idea how to use the `risk free bet` offers (place a bet with own money, if it loses you get a free bet equal to your own placed bet) as these seem to be the ones mostly offered now.

    Reply
  20. steven Sudbury

    08. May, 2015

    Hi guys, great thread and thanks for the article…

    I followed your guide and managed to place my qualifying bet and have now received my free bets from the website Winner, but they have issued them as 5 separate bets each worth £10 each:

    – Win single token

    – A Double bet token

    – A Treble bet token

    – A four-fold bet token

    – A five-fold bet token

    How do I place these free bets using the matched betting system?

    Thanks for the help…

    Steve

    Reply
    • Jake Butler

      11. May, 2015

      Hi Steve, it seems as if Winner have changed the betting types. Unfortunately you can only match a single bet token. My advice would be to match this £10 bet, make the small profit and then withdraw your winnings.

      Reply
  21. Dave

    08. May, 2015

    Hi. It’s been going really well thanks until I deposited £25 with Sports Winner to get the £50 free bet. I matched the £25 as normal, but was given 10 for a normal bet, 10 for a double, 10 for a treble, 10 for a 4-fold & 10 for a 5-fold. I matched the first 10, but am left not knowing what to do with the rest? Can anyone help??

    Reply
    • Jake Butler

      11. May, 2015

      Hi Dave, it seems as if Winner have changed the betting types. Unfortunately you can only match a single bet token. My advice would be to match this £10 bet, make the small profit and then withdraw your winnings.

      Reply
  22. Jonathon

    08. May, 2015

    Oh each comment is moderated so I guess my last comment pointing out how gullible people are for following this without realizing that this Jake person is going to make way way way more money than they are by them following this won’t make it through. And I’m guessing this one won’t either. And it’s not letting my comment through facebook either.. Very clever asshole

    Reply
    • Jake Butler

      11. May, 2015

      Hi Jonathon, please understand that we receive literally 100s of comments a day so it takes a while (especially at the weekend) to approve them. We’re really dedicated to replying to every single one too (we’re helpful like that). Is that something an a**hole would do?

      As in my reply to your other comment you are wrong about the amount of money made by this guide. You are just guessing.

      What is your name on Facebook, I cannot see any comments from yourself to approve?

      Reply
  23. Jonathon

    08. May, 2015

    This is very lucrative.. Not just the method itself (Which is enticing to the reader but would take a huge amount of time and effort for meagre results), but this article. Sure, you might make some money for yourself by following these steps, but by signing up with the author’s affiliate links, then placing bets, you’ll be making him money as well. Multiply that by how many people follow these steps, and the author of the article has made thousands effortlessly

    Reply
    • Jake Butler

      11. May, 2015

      Hi Jonathon, thanks for your comment. We’re really sorry that you feel this way. I suppose making a little bit of money (not thousands… we wish) by helping people make up to £1000 is a really bad thing in your eyes… Maybe I can forward you on some of the letters, email etc we’ve received from struggling students that say this guide, as well as the whole site, has helped them out of some really bad situations. Some were even on the verge of quitting uni.

      The guide took hours (and still does each week) of research and tools such as the helpful automatcher as well as the running of the whole website aren’t free to run. I suppose you’d like us to not make a penny, shut down the site and then not help people at all?

      The money you can make for the time and effort it much better per hour than any part-time job we’ve found. If you feel you can make better money elsewhere in less time and with less effort them please do.

      Plenty of people in this world make £1000s effortlessly without even helping anyone *cough* bankers/scammers/etc *cough*. Maybe you should be chasing them. Should charity execs not make any money either? The site does make a small amount of money (nowhere near what you think) from this guide but it’s through helping people out. It also gets distributed back into other guides like our advice on student finance, how to manage your student loan, how to save money on food and so much more. Once again I’m really sorry that you seem to have a vendetta against me and the STS site.

      Reply
    • Sam

      11. May, 2015

      I wonder if Jonathon is an affiliate from another site of scammers?

      Reply
      • Jake Butler

        12. May, 2015

        Most likely 😉 Glad people can see that he isn’t right in the slightest.

        Reply
  24. Jodie

    07. May, 2015

    Hi Jake,

    Do I have to wait for the games to finish on the qualifying bets before using my free one? My paddy power free bet is already in my account and the qualifying bets aren’t til Saturday, I’m a bit impatient 😉

    Thanks,

    Jodie

    Reply
    • Jake Butler

      08. May, 2015

      As far as I’m aware you don’t have to wait for the bet to settle so go ahead.

      Reply
  25. Dave Smith

    07. May, 2015

    Hi Jake, Been reading your guide a lot and I am giving it a go tonight.
    Im about to sign up for betfair exchange and noticed that they have a £20 free bet for new customers. It says it will refund you £20 if you lose your £20 bet
    Would this still work with this system?
    Thanks

    Reply
    • Jake Butler

      08. May, 2015

      I would ignore this. Just hope that you might lose the bet on Betfair but don’t worry if not.

      Reply
  26. Sam

    07. May, 2015

    Ok, I did the Ladbrokes hull v burnley game, but the bet wasn’t matched initially but it is now. Does that mean it won’t change again? (I put the bet on Ladbrokes first then my ipad died, so the lay odds on betfair had changed.) I used the calculator to work out the backers stake and placed the lay bet. When I checked betfair again I noticed it was coming up as 2 open bets – my backers stake as unmatched. As I was reading the guide about unmatched bets (rare things tend to happen to me lol) the bet then matched on betfair., going back to 1 bet. I assume it will stay that way now? The odds were 2.0 and 2.2 (betfair). The liability on the calculator is different to on my bet slip, even though my backers stake is the the same as the calculator said (liability 46p higher than backers stake).
    Not sure what will happen now.

    Reply
    • Jake Butler

      07. May, 2015

      Hi Sam. Sounds like you had some difficulties. Once the bet is matched it’ll be set in stone.

      As you had a few issues there may be a few numbers that our out by 50p or so but you should still be ok in terms of keeping your losses low.

      Reply
      • Sam

        07. May, 2015

        Thanks :-)

        Reply
  27. George

    06. May, 2015

    This works like perfect, I followed every step and I have made about £200 in a month , I got really interested about the simple free bet formula and have discovered amazing sites that have a list of free bets aswell,but I still come back to this amazing side to choose a qualifying bet as well as a free bet, it’s amazing

    Reply
  28. jay

    06. May, 2015

    on bet victor, it says “You will only be eligible to withdraw winnings accrued through the use of Promo Cash once you have staked at least 4 times the value of your initial bonus amount and these bets have fully settled” and thats place £25 and get a free £25 bet. But in order to retrieve my winnings, i have to place a bet of £100 after that? So basically just do the step 1 with £100 and match it?

    Reply
    • Jake Butler

      06. May, 2015

      Yes, in order to withdraw any winnings it seems as if you’d have to bet £25 x 4 times. So you do step one 4 times with £25.

      Reply
      • jay

        06. May, 2015

        Would it not work just to do one game of £100?

        Reply
        • Jake Butler

          07. May, 2015

          I don’t think so. However you could double check with them.

          Reply
  29. Scarlett

    06. May, 2015

    I accidentally entered the code F25 on William hill which isn’t the same as the one you’ve demonstrated on here and I’m not sure how to change it to F20 or how to follow through with it correctly. Could I get some help on that please?

    Reply
    • Jake Butler

      06. May, 2015

      I’d contact William Hill to ask if they’d be able to let you change it to F20.

      Reply
  30. Candytuft

    05. May, 2015

    Hey, I’m slightly afraid that I’ve messed up somewhere, is there anyone I can check my figures with?

    Reply
    • Jake Butler

      05. May, 2015

      Please tell me what you remember and I’ll see if I can work it out.

      Reply
  31. Alan

    04. May, 2015

    Hi jake, So what happens when you have exhausted most the free bet offers? is there still a way to make more money? or does the streak stop there? e.g can you use your ‘winnings’ to make more cash? or… would this be unprofitable?

    Reply
    • Jake Butler

      05. May, 2015

      You can only make money from free bets. Once you have exhausted all the sites’ intro offers you need to wait until they offer you another free bet in future.

      Reply
  32. jay

    03. May, 2015

    When using the other offers that dont come with the matchmaker, is it not possible to simply take the game that the matchmaker suggest for say william hill, and then find that game on skybet and do it that why? Providing skybet and william hill would have close odds, and then match that bet on betfair

    Reply
    • Jake Butler

      04. May, 2015

      No, because you cannot lay a bet on Sky or William Hill so you therefore won’t be covering all the options.

      Reply
      • david

        05. May, 2015

        Thank you for the quick reply but i still dont understand. if i placed my back bet of £10 in william hill with a stake of £10 . i then won £24. but did not receive my free bet.
        why have i not received my £20 free bet? how do i redeem the free bet there doesn’t seem to be the option. or does it just take a while till they credit my free bet?

        Reply
        • Jake Butler

          05. May, 2015

          I would suggest contacting William Hill to ask why you have not received your free bet.

          Reply
          • david

            05. May, 2015

            cheers jake! i did contact them and they sorted it!

  33. david

    03. May, 2015

    hi Jake thank you so much for the easy stem by step guide.
    i followed the first few steps and placed a £10 bet in William hill i won £24 in William hill but i DID NOT receive the £20 free bet did i do something wrong?

    Reply
    • Jake Butler

      04. May, 2015

      Hi David, did you use our link through to William Hill? Were you a first time user of the site? It may be worth contacting them to ask why you have not received the free bet.

      Reply
  34. Sam

    02. May, 2015

    How soon in advance of the match should you place the bets? I used the tool to do a bet for tomorrow but when I’ve looked again at the automatcher, the game I’ve bet on has disappeared from the list! Does this matter? Also, how easy is it to change your bets on the websites? Completely new to this but this guide is so easy to follow.

    Reply
    • Jake Butler

      05. May, 2015

      It’s best to leave a couple of days gap as the odds are more stable. Once you’ve placed a bet you can only increase it (in terms of changing it) but matched betting won’t require you to make any changes.

      Reply
  35. Eddie

    29. Apr, 2015

    Just made my first bit of money following this gude, not a huge amount but a very successful trial run to learn the ropes, all thanks to this awesome article and meticulous instructions. Thank you very much for writing this, you deserve a few beers!

    Reply
  36. kev

    29. Apr, 2015

    Hi Jake,

    I have noticed that there is huge free bet on 10bet (£200 free bet) but you have to deposit £400 first.

    It automatically gives you the £200 credit but you have to roll it over once. Do i just use the same method as before if they were no qualifying bet?

    Cheers
    K

    Reply
    • Jake Butler

      30. Apr, 2015

      What do you have to rollover? £600?

      Reply
      • Holly

        05. May, 2015

        It says in the t&cs:
        ‘The bonus is released upon a one-time deposit wager, after which both the deposit and bonus amount must be rolled over 5 times on sports bets prior to cashing-out any winnings, otherwise – any bonus or winnings will be forfeited. Only settled bets can count for the bonus roll-over.’

        I might like to try this. Just need to fully get my head around what would be required first. What do you think?

        Reply
      • kev

        05. May, 2015

        contacted them and they said i have to roll the £600 over 5 times. take it i just use the manual calculator and do the qualifying bet route 5 times?

        Reply
        • Jake Butler

          06. May, 2015

          If the stake is returned on these rollover bets (I assume it will be) you should use the manual calculator but the qualifying bet one.

          Reply
          • Kris

            06. May, 2015

            By the way, it says in the terms and conditions that each bet can only contribute 50% of the bonus amount towards the rollover requirements. So for a £200 bonus, each bet you make can only contribute £100 towards the £3k rollover requirement, meaning that you’d have to make 30 bets to be able to withdraw your money in 10bet (or at least that’s how I understand it).
            I know the aim is to lose on 10bet asap so that the money is available on Betfair, but I’m not sure if you can just immediately bet your £600 (deposit + bonus) on a losing bet. Please enlighten me if you go through with it.
            If you end up winning on 10bet, you’ll have a huge amount which you can’t withdraw until 30 bets are made.

  37. jay

    29. Apr, 2015

    I can bet multiple times using the different free bets on offer right? Like i dont have to wait for one game to finish to move onto the next free bet. As long as im not betting on the same game twice?

    Reply
    • Jake Butler

      30. Apr, 2015

      You can do all the different sites’ free bets at once if you want to.

      Reply
  38. Yasmin

    28. Apr, 2015

    Hi, I’ve placed my first bet using your automatcher and step by step guide, and now just placed my bet using my free bet (2 x £10 free bets with William Hill). What i can’t get my head around is, how i am meant to make back my “Liability” back on Betfair if I lose on Betfair but win on William Hill?
    Sorry, so much to take in at once, even after reading over and over…plus the fact i’m a beginner!

    Thankyou

    Reply
    • Jake Butler

      30. Apr, 2015

      If you win on William hill you’ll get the free bet amount (£20) times the odds. This will cover your liability amount + profit.

      Reply
  39. Lewis

    28. Apr, 2015

    Hi, the only thing im getting confused about is that after doing the qualifing bet and you recive the free bet, why is the calculator telling me to back a draw and not a win this time?, surely if your backing one team to win on William hill then on betfair you need that team to lose or draw? Which is a lay bet?? Can you give me some quidence which this please?

    Reply
    • Jake Butler

      30. Apr, 2015

      You have misunderstood lay betting. You are backing and laying an outcome (eg win, lose, draw, top golascorer etc). If you back a draw you are saying a draw will happen. If you lay the draw you are saying the draw won’t happen. This obviously covers all results.

      Reply
  40. Joe

    22. Apr, 2015

    In the last six hours, I’ve received spontaneous free bets in phone calls from three separate bookies. (I’ve verified on the websites and all three bets have indeed been credited) This hasn’t happened even once in the three months or so since I started. Is this a normal thing towards the end of a football season, or does this sound suspicious as if the bookies are communicating with each other about “this player they know who always uses the same username”? Have you ever heard of anybody ACTUALLY having their balances forfeited, as the Ts&Cs would allow them to?

    Reply
    • Jake Butler

      23. Apr, 2015

      We’ve never heard of anyone having their balances forfeited. It’s more likely that all bookies are following each other in offering free bets around this time because of competition.

      Reply
      • Joe

        04. May, 2015

        Note to remember: always check your email, spam filter and betting site inboxes for free bets towards the end of major sporting seasons and on your birthday!

        Reply
  41. Mathew Tomlinson

    20. Apr, 2015

    Hi have been using your guide loads and thanks very much for that!

    Can’t view the full site on an iPhone now? Doesn’t show the full calculator anymore (only in last day or so)

    Cheers

    Reply
  42. roger woodcock

    19. Apr, 2015

    I was told by `WINNER` that i couldn`t bet more than a multiple of 11.00 on my free £20 bet, ie about 3.25 on both the back and lay bet. Is this correct?

    Reply
    • Jake Butler

      21. Apr, 2015

      Yes, I believe so.

      Reply
  43. Dave

    18. Apr, 2015

    Hi, I have a question, the automatcher is always showing odds of 3 to 5ish. If there is a close odds game at say 15 to 20, will I get better returns by going for that one? Obviously I will need a few hundred quid to put in to Betfair. I just want to maximise my free bets.

    Reply
    • Jake Butler

      21. Apr, 2015

      The automatcher will find you the best matching odds. It’s likely that the higher you go the less likely they are to match.

      Reply
  44. Cameron

    16. Apr, 2015

    To get more free bets would it not be possible to just create multiple accounts using multiple email addresses? Kinda sounds illegal but worth a shot right? haha

    Reply
    • Jake Butler

      17. Apr, 2015

      This is fraud and the betting sites are pretty savvy on catching people out.

      Reply
  45. Liam Webster

    16. Apr, 2015

    Hi Jake,

    does this method only work on single bets? or can you choose doubles or trebles?

    Great guide by the way!!

    Cheers

    Reply
    • Jake Butler

      17. Apr, 2015

      I would only use on single bets as it’s very hard to match doubles and trebles as you can’t lay like that on Betfair.

      Reply
  46. Budi

    15. Apr, 2015

    Hi Jake, thanks for greate post. How often William Hill gives free bet tokens? And do you know who gives free bets most frequently? Thanks in advance.

    Reply
    • Jake Butler

      16. Apr, 2015

      It completely depends and is pretty much at random for all of them I’m afraid.

      Reply
  47. kev

    13. Apr, 2015

    What is the difference between the qualifying bet and free bet?

    Sorry, I am the only one who does not understand this as I have never bet, Why cannot you not repeat this matching on the same two websites?

    It sounds simple you place a bet for against, so one must win. But what is the backers stake for in Betfair.

    Reply
    • Jake Butler

      14. Apr, 2015

      The qualifying bet is your first ever bet on the site that you need to place to unlock your free bet. They want you to make a play first before they give you the offer.

      You can only make the profit with a free be amount.

      The backers stake is calculated by the automatcher so that your bets match up and there is a 100% chance of profit.

      Reply
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