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£50£501.50Claim Now »
Coral£5£201.50Claim Now »
Sky Bet£5£202.00Claim Now »
TitanBet£25£252.00Claim Now »
188Bet£50£501.50Claim Now »
Betfred£10£302.00Claim Now »
Tote sport£5£102.00Claim Now »
BetAtHome£30£151.70Claim Now »
Betfair Sportsbook (not exchange)£10£301.20Claim 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



1,363 Responses to “Make money from Matched Betting (full guide)”

  1. Jake Westwood

    02. Sep, 2015

    I’m sorry, but I seem a little confused. Are you betting against yourself then making a profit from the website? And if I understood correctly you use that money to patch up for what you lost on the other website? Thanks for your time.

    Reply
    • Jake Butler

      03. Sep, 2015

      Yes, you are covering yourself. The profit comes when you use a free bet because it means you are matching free money and therefore can reap the rewards from it.

      Reply
  2. Jess

    31. Aug, 2015

    on the free bet, if i changed the stake to a higher amount, say £50, would the amount not returned still be £20 and would the commission still be 5% .

    Also, if I were to do this, would the profit still be guaranteed?

    Reply
    • Jake Butler

      01. Sep, 2015

      Hi Jess, if you increase the free bet stake over what the site has offered you then you won’t make more profit you’ll simply be cutting into it. You can only make money from the free beta amount.

      Reply
  3. James

    31. Aug, 2015

    Any advice on bet365 and the £200 please?

    Reply
    • Jake Butler

      01. Sep, 2015

      Hi James, we aren’t allowed to give advice on this bet. All I can say is follow the T&Cs very carefully. Also *wink wink* you might want to look through some of the older comments on this page where users have helped each other out with this bet….

      Reply
  4. Lauren

    31. Aug, 2015

    Hey! Used your guide this weekend and made a lovely £12 profit – which is extra handy cos i’ve got a baby due very shortly!
    Might sound silly but I just wanna double check so I don’t go wrong, does the auto matcher work for any sport? I used it for football over the weekend and was planning on doing so again – but, using the auto matcher, the profits for upcoming football matches show at about £11, whereas the profit for rugby union is £27. Just wanting to make sure that’s definitely right before I start throwing money at it! Thanks x

    Reply
    • Jake Butler

      01. Sep, 2015

      Hi Lauren, if you can find a back and lay bet in another sport that matched closer than the automatcher then by all means go ahead. You can use the manual calculator to input the values yourself.

      Reply
  5. John Mac

    30. Aug, 2015

    One drawback regarding your system is that once you have used up the free bet you have to go onto a different bookies giving a similar free bet. You will quickly run out of bookies and once they have your details they will not offer you another free bet so your system becomes very limited – does it not.

    Reply
    • Jake Butler

      01. Sep, 2015

      That is correct. If it was infinite I would be sitting on a beach in the Maldives right now sipping a cocktail… If you can find an easier way to make £800+ without any risk I’d love to know of it.

      Reply
  6. daryl

    29. Aug, 2015

    Hi Im on the qualifying bet stage and placed a back bet of £10 for spurs to beat everton (william hill) at odds 2.00 and lay bet on them not to lose(betfair) at odds 2.04. The automatcher said deposit a liability of 10.45 and put backers stake at 10.05 but this didnt work. So i put the backers stake at 10.04 with the liability changing to 10.44 (leaving 1p in my account). Will this have such a big effect overall??

    Reply
    • Jake Butler

      29. Aug, 2015

      No this shouldn’t have too much of an effect.

      Reply
  7. Jo

    27. Aug, 2015

    Hi Jake, when it talks through the steps on the Automatcher tool, it is saying to deposit at least £33.63 into the account for this particular bet, I thought I only needed to deposit £10?

    Reply
    • Jake Butler

      28. Aug, 2015

      Hi Jo, you only need £10 on the betting site. The £33.63 in the example is what you need to put on Betfair to cover the bet.

      Reply
      • Jo

        28. Aug, 2015

        So on Betfair I need to deposit £33.63 even though It is only telling me to put £10 on the bet?

        Reply
        • Jake Butler

          29. Aug, 2015

          You don’t need to put £10 on the Betfair bet. You just need to put the calculated amount (as worked out by the automatcher) to cover the bet on the bookie site. Please read through the guide again for a full understanding of how it works.

          Reply
  8. James

    26. Aug, 2015

    Hi Jake. I can’t seem to find your automatcher tool. Is it because I’m using my iPhone. Thanks.

    Reply
    • Jake Butler

      28. Aug, 2015

      Hi James, please use the guide on a computer to make sure that the automatcher is fully visible.

      Reply
  9. James

    26. Aug, 2015

    Hello there. I wondered if you could provide a bit of advice on bet365 and their up to £200 free bet? With such a lot of money I wish the tool could walk me through like it is doing with the other bets. I’d appreciate your help

    Reply
    • Mike Palmer

      30. Aug, 2015

      I’m also interested in this offer but not quite clear on the fine print….
      If says something about having to make settled bets to 3x the ammount of the free bet before you can withdraw winnings.

      Does this mean that if I want a free bet of £200 I have to make 3 settled bets, the first being £200 then the next two adding up to £400???

      Reply
  10. Keiran

    25. Aug, 2015

    I opened an account with william hill and i have 20 pound worth of free bets but i already have an account with betfair so cant recieve any free bets for signing up. Can i start this process without the free bets on betfair or will it not work?
    Cheers

    Reply
    • Jake Butler

      28. Aug, 2015

      Hi Keiran, you only need free bets on the betting sites and not Betfair for this to work.

      Reply
  11. Josh

    23. Aug, 2015

    Hi, how do you calculate the ‘Backer’s Stake’?

    Reply
    • Jake Butler

      24. Aug, 2015

      Hi Josh, the automatcher calculates it for you.

      Reply
  12. Kelly

    23. Aug, 2015

    Hey Jake, just wanted to say this is awesome. I was a little cautious at first as getting something for nothing is unusual but this is working a treat! Stand to make £100 in the first few days as I did a couple of £50 offers and got £30 of free bets on Betfair. Once I read it a few times it is easy, it just requires some concentration and double checking. Thanks for writing this article and for putting all this info out there for free :)

    Reply
  13. Denis

    20. Aug, 2015

    Hi. I might be a bit thick but once you’ve used up all the free bets do you then use the money you’ve accumulated to continue match betting?

    Regards
    Denis.

    Reply
    • Jake Butler

      20. Aug, 2015

      No, you need to rely on more free bets that the sites offer you as bonus offers. Or until other betting sites open up.

      Reply
  14. Stephen Hand

    18. Aug, 2015

    Hi, great guide, I was wondering if I were to use a debit card belonging to someone under the age of 18 would the bookies be able to tell?

    Reply
    • Jake Butler

      19. Aug, 2015

      Yes they would. Some even ask for proof of identification and it could lead to you losing your money.

      Reply
  15. Richard

    18. Aug, 2015

    Currently qualifying for an additional £10 free bet on william hill. This stage works fine with the calculator, but the actual free bet is only £10, not £20. What new amount would I have to bet on betfair to account for only a £10 bet on william hill? cheers

    Reply
    • Jake Butler

      19. Aug, 2015

      You can change the free bet amount to just £10 by using the cog in the top right to change the settings.

      Reply
  16. Kieran

    17. Aug, 2015

    Hi, my first attempt at this is putting me off a bit!!

    I have signed up to William Hill, and backed Northampton to win v Barnet @ 2.7. Signed up to Betfair, and tried to stake £10.04 on laying Northampton to win (@ 2.72). It says Partially Matched and has placed £2 only on my lay bet. I cancelled my unmatched bet.

    Am I correct in thinking that I need to place another £8.04 on my lay bet on Northampton?

    Reply
    • Jake Butler

      18. Aug, 2015

      Hi Kieran, please take a look at the FAQs about unmatched bets.

      Reply
  17. Marcus

    16. Aug, 2015

    Hi Jake,
    Thanks for this great article – just made my first £14 on William Hill! A quick question – does the auto matcher look for the highest profit, or is it limited to a certain liability? I have now opened an account with Coral, and looking at up coming games, the auto matcher recommends a free £20 bet @ 4.5 and lay bet @ 5.0, returning £13.44; but there is another bet (actually a different result on the same game) with bet @ 8.0 and lay @ 8.6, returning £15.56. So this would be better, even though the liability is higher – just wondering why this bet wasn’t picked up??

    Thanks

    Reply
    • Jake Butler

      16. Aug, 2015

      Hi Marcus, 9/10 times the automatcher will find the best odds. However, it cannot scrape all the outcomes so in some cases (like yours) you will find better odds.

      Reply
  18. Ellen

    16. Aug, 2015

    Hi! I have used my qualifying bet on ‘Winner’ and have been told that I am not eligible for my free bet because I did not sign up via an affiliate. Has anyone else heard of this? It does not mention anything in their T&Cs for the offer!d

    Reply
  19. Lewis Burnell

    15. Aug, 2015

    Hi Jake,

    Top article. I stupidly (or maybe not) self excluded myself from bet fair a while ago so I can’t use them. Can I use someone else or does it have to be them?

    Cheers

    Reply
    • Jake Butler

      16. Aug, 2015

      You can use other exchange sites such as Betdaq.

      Reply
  20. Michael

    15. Aug, 2015

    Hi.

    Would you recommend say, going through all the offers in one weekend? Because I see for multiple sites it recommending that I bet on the same event. Can I do this and just place multiple lay bets on the same event on betfair? Or would it be better to just do a few sites a week over a few weeks.

    Reply
    • Jake Butler

      16. Aug, 2015

      You could potentially do them all at once but it can lead to confusion. It’s up to you.

      Reply
  21. Nani

    14. Aug, 2015

    Hi Jake ! Does it work if we want to apply this tip by betting with more money. I mean, if I want to bet more than the 10£ free and that I decided to put 100£ on Williams hills. Will this tip work ?

    Reply
    • Jake Butler

      15. Aug, 2015

      No, it only works with the free bet amounts.

      Reply
  22. matthew

    14. Aug, 2015

    I think ive finally got it. The only question left is does it matter on the back bet if you choose to win or draw aslong as your still doing the necessary lay bet? On the automatcher it tells you to put a DRAW on tottenham vs stoke. Is this because the odds are more favourable or match up better with betfair? Thanks.

    Reply
    • Jake Butler

      16. Aug, 2015

      Yes that’s right. You could back and lay almost any outcome. If the odds are close then it’s worth going for.

      Reply
  23. Finlay

    13. Aug, 2015

    Hi Jake, thanks very much for the article!

    I had forgotten I’d already signed up to Betfair a long time ago, and therefore don’t have a free bet with the site. what’s the next best alternative site to put down a lay bet, opposite William Hill?

    Many thanks

    Reply
    • Jake Butler

      14. Aug, 2015

      It’s fine you can still use Betfair. The free bet will be on the other site.

      Reply
  24. matthew

    13. Aug, 2015

    Ive read the article a few times. Ill have to read it again because im still a bit lost. Am I right in thinking after you’ve used the free bet you stop betting on william hill and find another free bet, but still remain ‘laying on betfair. Thanks.

    Reply
    • Jake Butler

      14. Aug, 2015

      Yep that’s right.

      Reply
  25. Richard

    11. Aug, 2015

    I have gotten a free bet deal for betfair, specifying a ‘SINGLE sports book bet’ of £10 for £30 in free bets.

    How would you suggest using this for guarrenteed profit? Does the single part mean laying it with exchange would negate the free bet offer?

    Reply
    • Jake Butler

      11. Aug, 2015

      You simply use your free bet in the sportsbook section of the Betfair site and then lay it in the exchange part of the site.

      Reply
  26. CY

    10. Aug, 2015

    Hi Jake,

    Quick question, do I have to match bet on 2 new accounts on 2 sites I have not previously betted on? As I can see your tool shows how to match bet on different site against Betfair everytime.

    Thanks!

    Reply
    • Jake Butler

      11. Aug, 2015

      Yes you just bet on a different site against Betfair every time.

      Reply
  27. Louis

    10. Aug, 2015

    Hi, some of the free bets terms have wagering requirements such as you need to bet through 3x the bonus amount, is there a way to use these free bet offers still?

    Reply
    • Jake Butler

      11. Aug, 2015

      Yes, you just carry out the wagering requirements but match it each time. It’s likely the stake wont be returned when you are rolling over your bets so you’ll obviously need to use the qualifying part of the automatcher for this.

      Reply
  28. Nigel

    10. Aug, 2015

    Hi Jake, would it not simplify things to only pick sports where a draw isn’t possible eg Tennis? and just bet for on one site and against on another?

    Reply
    • Jake Butler

      11. Aug, 2015

      Not really. You aren’t betting on one team vs another team. You are betting on an outcome happening and then on that outcome not happening. Tennis may be simpler sometimes but it’s unlikely the odds will match closely enough.

      Reply
  29. Terry

    10. Aug, 2015

    Hello there,

    Got to be honest, I’m finding this a bit frustrating at the moment guys. I read and re-read your article many times and the whole process makes perfect sense to me now. Twice in a row now I’ve placed my qualifying bet no problem. However, both times when I’ve gone to use my free bet I’ve placed my lay bet at betfair, exactly as instructed, and twice betfair has been UNABLE TO MATCH my lay bet. Instead both times they have partially matched my lay stake meaning that I’ve ended up stuck with useless bets that don’t cover my real bet, essentially wasting money. Perhaps this potential pitfall should be made clear in the article. Any advice on this would be much appreciated. Thanks.

    Reply
    • Jake Butler

      10. Aug, 2015

      Hi Terry, this is quite rare so it’s surprising that it’s happened to you twice. Have you been changing the odds in Betfair at all?

      We do have a part on unmatched bets in the article under our FAQs. I would always advise to check that there is enough money in the pot before placing any bets on the bookie sites.

      Reply
  30. Jilly

    09. Aug, 2015

    I signed up to Betfair with the free £30 bet code for Sportsbook. Do I need to lay the bet on another exchange site, if so which one? Won’t it be really obvious what I’m doing if I place the qualifying and free bets on Sportsbook and lay the bets on the Exchange part of the same site?

    Reply
    • Jake Butler

      10. Aug, 2015

      Hi Jilly, it should be ok to back on the sportsbook and lay in the exchange. If you are really concerned you can use Betdaq to lay.

      Reply
  31. Bob White

    08. Aug, 2015

    Hi Jake,
    Great guide!
    I have a few questions if you dont mind.

    I signed with with Ladbrokes depositing £50 expecting a £50 free bet.
    I dont get my free bet until I place a bet. As I understand it, to get the free bet, I have to bet between £5 and £25, however on your guide you say make sure you use your free bet?
    Any tips for initial deposit and first bet on non-betfair site, in this case Ladbrokes?

    Reply
    • Jake Butler

      10. Aug, 2015

      Hi Bob, in order to get the free bet you have to deposit and bet using the first £50 you put in (you match it thought to minimise losses). You will then be given the free bet and you place a matched bet using this to get your profit.

      Reply
  32. Danny

    08. Aug, 2015

    Hallo Jake.

    Realy nice guide.
    Thanks for uploading (and for FREE) realy cool.
    Red it severall times and i’m going to try it out.

    But i have a question.
    Why do i need to put in 50 or 61 p for the liability amount?
    And what is the Liability amount for?

    Thnx

    Reply
    • Jake Butler

      10. Aug, 2015

      The automatcher will tell you how much you will need to put in for the liability amount. This is what you lose on Betfair if your bet loses. Don’t worry though it will be covered by your winnings on the other site.

      Reply
  33. J

    07. Aug, 2015

    Hi Jake,

    Really excited to put this meticulous article into action – well done on such a great article!

    I understand your concept of ‘matched betting’ with back and lay betting in football matches (!)

    I was wondering though whether you could please further explain what were to happen if a match ends in a draw – especially if a ‘draw’ were to become a frequent result in consecutive matches??

    Any advice etc would be greatly appreciated and well received!

    Reply
    • Jake Butler

      10. Aug, 2015

      Please read the guide again to fully understand.

      When you LAY an event (eg I LAY Man Utd to win) you are betting that the event won’t happen (eg Man Utd won’t win). A loss AND a draw is counted as them NOT winning…

      Reply
  34. Phil

    06. Aug, 2015

    Hi Jake,

    In regards to subscribing to the well known ‘PA’ site for MB.

    Would you advise for or against in your own humble opinion?

    As i’m torn between paying for the supposedly expert advice offered or going it alone and going into MB following guides like your own.

    Would really appreciate your opinion, cheers.

    Reply
    • Jake Butler

      07. Aug, 2015

      Honestly, no. You shouldn’t have to pay for the information when it’s on the internet for free. I haven’t used it myself so can’t give a total review but the promised profit would likely not be met each month.

      Reply
  35. Julie

    05. Aug, 2015

    Hi I’m not ready to start this yet as I find it very confusing and don’t want to loose any money
    Help

    Reply
    • Jake Butler

      07. Aug, 2015

      Hi Julie, I would suggest re-reading the guide. Is there anything I can help with in the meantime?

      Reply
  36. Sean

    03. Aug, 2015

    Great guide, but my question is how have you been using the system for years when surely you exhaust all new customer free bets from reputable bookies rather quickly?

    Reply
    • Jake Butler

      04. Aug, 2015

      You get free bets sent through to you every now and then. You can also keep an eye out for offers around big sporting events as well as any new betting companies that pop up.

      Reply
  37. szywron

    01. Aug, 2015

    Hey Jake, thanks a lot for your article! it sounds great, but i still have few doubts.

    I’m trying to put a free bet using your calculator, but it shows me games only for next weekend (7-8 days from now). why is that? is there a way to use this tool but for earlier events? if so, how?

    second questions is, why, with the use of free bet, do you bet on events with higher odds? this increases the ‘liability’ amount with betfair, but at the end you still get 80-90% of the free bet, right? so the higher odds sounds unnecessary (as they lead to higher ‘liability’ ammount) but correct me if I’m wrong.

    and the last one – I tried to look for games on betfair (eg tomorrows game chelsea – arsenal, still 24 hours ahead), but I couldn’t find it, why? It might be dumb question but if you could try to explain it, it’d be great.

    Apart from that – thanks again! your guide is brilliant!

    Reply
    • Jake Butler

      04. Aug, 2015

      Hi.

      1) It shows events that far away as those are the best odds we can find in order to make sure you maximise your profit. When the football season comes back around there should be more.

      2) The higher the odds the more likelihood of them being closer matching. Once again giving you more profit.

      3) You should be able to find all games on Betfair. Try the search function or the menus.

      Reply
  38. James Woodbridge

    31. Jul, 2015

    Hi Jake, just wondered what it means when William Hill say ‘Free bet stakes are not returned as part of the settlement of successful free bets’?

    Reply
    • Jake Butler

      04. Aug, 2015

      Just as with most free bets it just means that the £20 is not returned to you and you only get to keep the winnings. Nothing to worry about.

      Reply
  39. Mark

    31. Jul, 2015

    Hey, thanks for making this guide. I just made my first £12 and I’m looking forward to doing this regularly and putting the money towards my new PC.

    Reply
  40. stacey

    30. Jul, 2015

    Hello! First of all, i loved this guide! But i do have a question! So I placed a bet on Auxerre to win a game (£10 stake, poss return of £24) with Paddy power, and then Auxerre to lose on BetFair at a poss return of £9.49 but liability of £14.99. My question is, if Auxerre lose, i only get back £9.49 out of the £24.99 original deposit over the two sites so how would i make a profit if they lose?! Thanks!

    Reply
    • Jake Butler

      31. Jul, 2015

      Hi Stacey, first things first, you should not be betting on Auxerre to win and then Auxerre to lose. You should have bet on Auxerre to win and then on Auxerre not to win (this makes sure that a draw is covered).

      If Auxerre lose you would lose the £10 on Paddy Power but then get your liability (£14.99) + your stake back (£9.49).

      This would leave you with a profit.

      It seems that you are still a little confused by the process. I would recommend reading the guide again a few more times in order to understand how it works. Confusion can lead to mistakes and I don’t want you to potentially risk losing money through human error.

      Reply
  41. kev

    30. Jul, 2015

    Jake, Owen, i’m in a bit of trouble!! Started matched betting on this site and exhausted all the bookies here so tried a few new ones, the one im using is favourit. Looking at its reviews now, it seems like a bit of a dodgy site so i am trying to lose money on that site and make it up by laying on Betfair but the problem is i keep winning on favourit!! i am literally up to £800 and can’t withdraw as they seem to want every detail off me before i can deposit. HELLLPP!!!!

    Reply
    • Jake Butler

      31. Jul, 2015

      Hi Kev, sorry to hear that you’re in this situation. We tend to steer clear of mentioning sites like that for this very reason.

      I would suggest that you do everything they ask in order to get your money out.

      Reply
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