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 »
Sky Bet£5£202.00Claim Now »
188Bet£50£501.50Claim Now »
Coral£5£201.50Claim Now »
Betdaq£30£302.00Claim Now »
888sport£10*£882.00Claim Now »
Betfred£10£302.00Claim Now »
WinnerSports£5£202.00Claim 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



925 Responses to “Make money from Matched Betting (full guide)”

  1. Daniel

    26. Feb, 2015

    Hi! I’m sorry, but I’m still not very clear with how you do with offers that require 5+x wagering.. Let’s say I get a 100 % bonus when depositing 50 £… Does that mean that I have to bet for a total of 500 £ on the bookmakers betting section? And then I have to have the mony to be able to afford matching + liability for all of these five 100 £ bets on betfair.. That’s like another 800 £ in total… So 1300 £ for a 25-35 £ profit?!

    What am I missing? How do I use free bet offers with wagering requirements if my bank balance doesn’t allow much more than one qualifying bet at the moment?

    Please help, most of the offers I find have wagering requirements…

    Reply
    • Jake Butler

      26. Feb, 2015

      You are correct. The bets that require a lot of rollovers do require a lot of cash and a bit of extra effort.

      The majority of the offers on this page do not have wagering requirements so you should be ok to use them.

      Reply
  2. Fraser

    25. Feb, 2015

    I put a free bet of £20 on Williamhill for Dynamo Moscow v Anderlecht – Match Betting Anderlecht @ 4.33 – £20.00 –

    the qualifying bet was betfair Dynamo Moscow v Anderlecht

    type: Odds: stake liability
    Lay 4.80 14.02 £53.28

    will i make a loss in total or profit?

    Reply
    • Jake Butler

      25. Feb, 2015

      Well, did you follow the automatcher? If so you will make a profit.

      Reply
  3. Sam Jenkins

    24. Feb, 2015

    Hi, I have been following your guide and have just won the qualifying bet on William Hill, taking my balance to £21.00. When do I get the free bet? I definitely put the code in but I can’t find anything about how to activate it within my account.

    Reply
    • Jake Butler

      25. Feb, 2015

      If you followed the T&Cs you should have your free bet now. I’d get in contact with William Hill as they’ll be able to help you.

      Reply
  4. Millie

    24. Feb, 2015

    Just wondering how you continue to make money with this? I have been doing it for about 2 months and have almost made my way through all the free bets listed, making around £200 but it seems others have made upwards of £500

    Reply
    • Jake Butler

      24. Feb, 2015

      You need to search for other betting sites and more free bets.

      Reply
  5. Gavriil

    24. Feb, 2015

    And for example, can I place £50 stake (not a free bet but from my own funds) on a team winning in William Hill and then place a lay bet of £50 on betfair exchange? If I am correct if for example the odds for winning are 4 for the William Hill and for the lay bet are 4.1, I will have total revenue of £200 or more and a profit of £100. Is that correct? Thanks in advance

    Reply
    • Jake Butler

      24. Feb, 2015

      You can only make money from free bets.

      Reply
  6. Dave

    24. Feb, 2015

    For some websites (not the ones you have listed) you only get a free bet if your qualifying bet loses. Would you recommend trying to get these free bets or not? Is there a specific strategy in dealing with these types of bets?

    Reply
    • Jake Butler

      24. Feb, 2015

      Bonuses that Refund a Losing Bet.
      These offers typically refund the stake of your first bet in case it loses.
      While this may sound confusing, you have to treat such free bets exactly the way you treat SNR (stake not returned ) free bets. These offers are in fact SNR free bets except they do not even require a qualifying bet.
      Think about it – if your first bet loses, you do not lose anything. But if your first bet wins, your profits are equal to what you win, excluding your initial stake (even though you do get your stake back, it is not your profit). Select SNR free bet in matched betting calculator when dealing with such offers.
      If your first bet loses and you get a refund, most bookies will not let you withdraw that money immediately. Instead, you will have to do matched betting again. This time you must deal with this money as if it was a qualifying bet.

      Reply
  7. Gavriil

    24. Feb, 2015

    Sorry Jake, can you explain me a bit why the betfair balance is in some cases much higher from the stake that we place?

    Reply
    • Jake Butler

      24. Feb, 2015

      It’s the way the calculation is done to make sure the bet is matched.

      Reply
  8. Fraser

    24. Feb, 2015

    you meant to register new account every time

    Reply
    • Jake Butler

      24. Feb, 2015

      On the bookie sites yes.

      Reply
  9. Jimmy Atherton

    23. Feb, 2015

    Does this work if I place the free bet before the outcome of the qualifying bet? Paddy power gave me the free bet as soon as I registered so I just went straight on to step 2.

    Reply
    • Jake Butler

      23. Feb, 2015

      I believe you can use the free bet before your qualifying settles on certain sites although it’s best to check the T&Cs first.

      Reply
  10. Gary Crowell

    23. Feb, 2015

    Jake, is Matched Betting legal in the United States and if so, does it work just like you have it spelled out in your guide here? I’ve just noticed a lot of the sites don’t allow US members.

    Reply
    • Jake Butler

      23. Feb, 2015

      Unfortunately you cannot do matched betting in the US.

      Reply
  11. Mate Teglas

    22. Feb, 2015

    Hi, I can not use the promo link of Landbrokes. Is it possible to just type in landbrokes, and reg from the normal site then give the promo code later?

    Reply
    • Jake Butler

      22. Feb, 2015

      What issue are you having with the link? I just tested it and it seems to be working fine.

      Reply
      • Mate Teglas

        23. Feb, 2015

        Some kind of ads site pops up. Why is it important to use that link? By the way, can you please copy paste the link here?

        Reply
        • Jake Butler

          23. Feb, 2015

          Are you accessing the link from the UK? There should be no ad popping up.

          Reply
  12. Mick

    22. Feb, 2015

    Hi, in your opinion, does this bet365 condition preclude matched bets?

    Where….. there is any evidence of a series of bets placed by a customer….., which due to a deposit bonus, enhanced payments, free bets, risk free bets or any other promotional offer RESULTS IN GUARANTEED CUSTOMER PROFITS IRRESPECTIVE OF THE OUTCOME, bet365 reserves the right to reclaim the bonus element of such offers and in their absolute discretion either settle bets at the correct odds, void the free and risk free bets or void any bet funded by the deposit bonus. In addition bet365 reserve the right to levy an administration charge on the customer up to the value of the deposit bonus, free bet, risk free bet or additional payment to cover administrative costs.

    Reply
    • Jake Butler

      22. Feb, 2015

      This is simply to cover themselves. There’s obviously a 0.1% chance that they’ll void your bets. The risk is up to you.

      Reply
  13. Chuck

    21. Feb, 2015

    Presumably an easy question to answer, but something I can’t quite work out!

    How much do you win and lose for a lay bet?
    It seems that when you lose you lose your liability, which is the odds x your stake.

    When you win, do you win your stake / odds as a profit? Or do you win your liability? Im confused as to the calculations the calculator is doing.

    What exactly does the calculator work out?

    Reply
    • Jake Butler

      22. Feb, 2015

      If you lose the lay bet you lose the liability.

      If you win the lay bet you get the liability + backers stake.

      The calculator just makes sure you are covered to make a guaranteed profit on either side whatever the outcome.

      Reply
  14. Jordan

    21. Feb, 2015

    Hi. Have done this on most of the bookies now and have to say it’s a great method and works very well. I have one question though about the 188 free bet however. If you need to roll over the initial £50 deposit five times to get the free bet at odds of 1.5 or more, isn’t it likely that one of these bets will lose on here,(but win on betfair)resulting in no 188 free bet but just a few “acceptable losse? Also, even if I am lucky and after 2 or 3 bets still have a chance at the free bet won’t my liabilities on betfair have dragged funds so low on that site it is impossible to continue matching as all money is tied up on 188? Am I getting something confused here or is it really that hard to get this free bet?

    Reply
    • Jake Butler

      22. Feb, 2015

      It doesn’t matter if you win or lose on 188 bet. If your money goes into Betfair on one bet you just pump it back into 188 Bet and do another £50 bet.

      It is hard to get the free bet but you need to know it doesn’t matter what side you win or lose on. You don’t have to bet the same £50 just that value. hope that makes sense.

      Reply
  15. Tijs

    19. Feb, 2015

    Awesome guide, going to try this out. I’ve got a question though: do we always have to choose a bet that has a difference of .1? And do I understand this well: you can use this guide with any bookie but you’ll always have to use Betfair? Also, what is the highest amount of money you suggest putting in? (3 questions, my bad)

    Cheers! Tijs

    Reply
    • Jake Butler

      20. Feb, 2015

      1) You don’t always have to have a difference of .1 but getting it as close as possible helps. The automatcher will find the closest odds for you.

      2) Yes, you change bookies after each free bet but always use Betfair to lay the bets.

      3) The automatcher will tell you exactly how much money to put into it each time.

      Reply
  16. Steve

    18. Feb, 2015

    Am I right in assuming that the profit shown on the automatcher doesn’t include either the 5% commission if it’s the lay bet that wins or the small loss on the qualifying bet?

    Reply
    • Jake Butler

      18. Feb, 2015

      This profit amount does account for the 5%.

      Reply
  17. Jack

    18. Feb, 2015

    Heads up – I deposited a fiver on Coral, took advantage of the free £20 bet, and then within two days got an email from them to say they would match my next deposit on sports. I just deposited 25 and they credited me with a 25 quid free bet instantly. So anybody thinking of starting matched betting this week, it’s worth going with Coral first, as it’s likely you’ll receive the same promotion by email.

    Thanks for the guide Owen, it’s amazing!

    Reply
  18. barry

    18. Feb, 2015

    Hi I followed this accurately and made about £14 on paddy power. I followed same procedure with william hill Ladbrokes coral and betway and ended up with £10 loss there is obviously a flaw in the system . I can assure you I followed the procedure exactly

    Reply
    • Jake Butler

      18. Feb, 2015

      Hi Barry, I can assure you 100% that there is no flaw in the system as it’s watertight. The mistake would have been human error.

      I’d like to help you figure out where you went wrong. Can you roughly remember the process you went through for Labrokes and William Hill for example.

      Reply
  19. richard

    17. Feb, 2015

    I understand the guide, IF you get the stake back on your free bet. However, this doesn’t seem to be the case? Without getting the stake back it seems you could only ever win money if your non free bet won. If your free bet won you would net £0.

    What the am I missing?

    Reply
    • Jake Butler

      17. Feb, 2015

      You are definitely missing something as matched betting is guaranteed to make you a profit no matter what the outcome.

      Let’s look at an example… Free £20 bet at odds of 4.1 (Paddy Power) and 4.2 (Betfair).

      If your free bet wins you’ll have £62 in your Paddy Power account (4.1 x £20 and then minus the £20 stake).

      You’d have lost the liability on Betfair which is £47.81

      This means £62 – £47.81 = £14.19 (which is a profit….)

      Reply
  20. Mate Teglas

    17. Feb, 2015

    I registered at William Hill, but I forgot to give the promo code, later I could not find a way to give it, what can I do now? I can not make another account, since they always ask for id verification, thus I can not have 2 accounts.

    Reply
    • Jake Butler

      17. Feb, 2015

      Contact their live support to see what they can do. You may have missed out unfortunately.

      Reply
  21. Rachel

    16. Feb, 2015

    Surely for some bets, for example the bet at home bet of £15, you will lose any money that you may have made from the free bet in meeting the wagering requirements? Because it says in the terms and conditions that you need to wager the bet 5 times at odds of 1.7 or higher, and each time it seems when I use the automatcher that I can’t get the loss per bet below about £3. So thats £3 x 5 = £15. And the free bet is £15. Or am I missing something here?

    Reply
    • Jake Butler

      17. Feb, 2015

      Hi Rachel, you are right that you may come close to losing your profit on this one.

      However, there are some instances where you could work out better off.

      If you can find bets for the rollovers that have closer odds to lower your acceptable loss to a combined total of £10. your profit will be small so possibly not worth the effort.

      Where it could work out beneficial is if you lose both the qualifying and the free bet on Bet-at-home. All your profit will then be in Betfair and you can withdraw straight away.

      Reply
  22. Joe

    16. Feb, 2015

    When using a free bet, you can generally assume the stake is not returned. Typically though, it seems that the stake WILL be returned for a real-cash bet (including qualifying bets) on most sites – have I picked this up correctly?

    Also, I’ve made my own basic tool and it tells me that I can quite often (maybe one match per website front page at any given time) make guaranteed money even with a real-cash bet – the difference being that this “guaranteed money” INCLUDES the stake… am I being foolish? I know that matched-betting can be profitable even without free bets, but I didn’t think it would be that simple!

    Reply
    • Jake Butler

      16. Feb, 2015

      That is correct. Obviously there are exceptions to the rule but 9/10 the qualifying bet stake is returned and the free bet stake is NOT returned.

      I am not sure if you are doing the correct equations with your own tool without seeing the calculations. Obviously I would recommend that you use our automatcher.

      However, you can sometimes make money without free bets. Look into something called arbitrage betting.

      Reply
  23. Mate Teglas

    16. Feb, 2015

    I see, but there is one thing I still don’t understand. I do not want to write too much, but maybe it is helpful to others too.
    So the free bets are offered by PaddyPower in the future? I see they gave me a 25€ qualifying bet, but in the future bets do they give me the free bets aaccording to the Automatcher tool? So basically Betfair does not give me any free bets, the one which does is Paddy Power, right?
    I am trying to figure out where my profit is made, because I have just started matched betting, but apart from the first initial bet I did not get any other free bet additionally.

    Reply
    • Jake Butler

      16. Feb, 2015

      You only get 1 free bet from each site.

      Reply
      • Mate Teglas

        16. Feb, 2015

        Then i do not understand at all where the profit is made if i only get 1 free bet once. I use it up and lets say i loose then where is the profit? I thought that every bet i get some free bets every time. Then what is automatcer good for?

        Reply
        • Jake Butler

          16. Feb, 2015

          If you do not understand the process I suggest you re-read the guide.

          The automatcher matches your bets so that you cannot lose. You bet FOR something on the bookie (eg Paddy Power) and then bet AGAINST it (lay) on Betfair. This means you cancel out your losses.

          If you do it with your own money (like in the qualifying bet) you will lose a small amount but when you do it with free money (your free bet) you stand to make a profit.

          Once you have made profit from Paddy Power you then move onto the other sites like William Hill who also have free bets.

          I would urge you to read the guide as many times as it takes to understand the process as profit is guaranteed unless you make a human error. We would only suggest you go ahead with matched betting if you understand it.

          Reply
          • Mate Teglas

            16. Feb, 2015

            I understand the guide, the only thing that was not clear is the part after the qualifying bet. If i wan to make money i need free bets, but PaddyPower only gives me 1 free bet. It seems that after i used that free bet i can not make any more money with PaddyPower, since it was mmy only chance. So you say it only works once, then i need to make free bets usong other betting sites not PaddyPower plus Betfair combo.

          • Jake Butler

            16. Feb, 2015

            Yes that’s correct. You get one free bet from each site such as Paddy Power and then move onto others like William Hill, Ladbrokes etc.

            You use Betfair every time.

  24. Mate Teglas

    15. Feb, 2015

    Yes, it is Betfair. Ok so does his mean that the guide is not 100% correct regarsing the part where you explain to use Exchange not Sportsbook On Betfair? So in the future i need to use the Sportsbook instead of Exchange?
    Also I can not decide which site gives me the actual free bet. Is it PaddyPower or Betfair or both? Thanks

    Reply
    • Jake Butler

      16. Feb, 2015

      The guide is correct.

      There is 2 parts to the Betfair site (the “sportsbook” and the “exchange”). These should be treated as separate. The sportsbook is like a bookie (Eg Paddy Power) and the exchange is the part you use to “lay” events. However, you only have one account on Betfair that covers both of these sections of the site.

      If you wish to use the free sportsbook bet you need to place a bet within the sportsbook (with a new Betfair account) and then match it with the Betfair exchange part of the site.

      After you’ve made all your profit from this you can then move onto the Paddy Power free bet and use the exchange part of Betfair to lay it.

      Reply
      • David

        22. Feb, 2015

        Hi Jake, great guide. I have one question.

        For the free 30£ Betfair Sportsbook bet, you say I need to make a new account other than the one I used with BF Exchange. However I am not able to do this, as it’s against their T&Cs to have multiple accounts, and they know from my and card details that I’m making a second account.
        Did you find a way around this?

        Reply
        • Jake Butler

          22. Feb, 2015

          Hi David, unfortunately there is no way around this. You need to claim the free bet when you first open your Betfair account.

          Reply
          • David

            22. Feb, 2015

            Aaah so I should have done it first thing, before any other accounts! You might want to mention this in the guide? Cause you suggest using William Hill as the first account, thus losing the right to the betfair (unless you deposit more than 10£… unlikely as the will hill qualifying bet is only 5£).

            Once again, great guide. And thanks for replying to my comment so soon.

          • Jake Butler

            22. Feb, 2015

            Hi David, we did mention this in the guide but the confusion between the exchange and sportsbook in Betfair led to 100s of people making mistakes so we made the decision to go with the William Hill example instead.

  25. Mick

    15. Feb, 2015

    I’m deeply suspicious of Winner.com. After making a deposit they asked me to send scans of personal documents for ‘verification’. No other bookie has done this. A Google search threw up these warnings:
    https://www.trustpilot.co.uk/review/casino.winner.com
    I would welcome your observations.

    Reply
    • Jake Butler

      16. Feb, 2015

      There are many sites that ask for verification. In fact I had to send mine to Betfair. However, if you feel it is too much of a risk it would be worth steering clear.

      Reply
  26. alexander

    15. Feb, 2015

    This is great jake thanks very much for all of the info , but i don’t understand how you have made a thousand pounds , even if you were to pursue all the free bets on the list you would probably only make half of that back from the freebets ? am I missing something here?

    Reply
    • Jake Butler

      15. Feb, 2015

      There are more sites that offer free bets that aren’t included on this page. They are a little more complicated which is why we have chosen not to included them at this stage.

      Reply
  27. Sam

    15. Feb, 2015

    Hi, does this work if both the betting exchange and bookmaker are offering free bets? Do you just place four bets instead of two and reverse the steps to get the free bet off the betting exchange instead of the bookmaker? Cheers

    Reply
    • Jake Butler

      15. Feb, 2015

      Is it Betfair? It’s likely that the free bets they are offering are to be used on their Sportsbook only and not in the exchange.

      Reply
  28. Mate Teglas

    14. Feb, 2015

    Hi, I have asked the assistants of PaddyPower and Betfair, because I could not find on the website the actual offers (free bets). On betfair, they said, that I can only get special offers in Sportsbook, not Exchange, so I am a little bit puzzled.
    On Paddypower there was a page with promos, but among those I could not find any football or anything,.
    How can I tell in the website if it gives me a free bet or not apart from the automatcher tool?
    Thanks

    Reply
    • Jake Butler

      15. Feb, 2015

      Yes, the Betfair offer is in the sportsbook only.

      The Paddy Power offer is exclusive through our link so you’ll have to click through from our site.

      Reply
  29. Leigh

    14. Feb, 2015

    How easy is it to redeem free bets as an existing member of sites? And how offen to the acsessable free bets come along?

    Reply
    • Jake Butler

      15. Feb, 2015

      To be 100% honest they are very rare. You’re best to wait for big events like World Cup or Grand National. I’d say you’ll be looking at around 1 free bet a year from each site.

      Reply
  30. Yew

    13. Feb, 2015

    Hi there, i’ve been getting emails from 10bet, stating that ill be getting a 100% reload if i roll over my deposit amount once on minimum of 3 selection accumulators with odds of at least 1.6, could u please explain what and how 3 selection accumulators mean and work?

    Reply
    • Jake Butler

      15. Feb, 2015

      Hey, it’s near impossible to match accumulators so I would leave this one alone.

      Reply
  31. richard

    13. Feb, 2015

    Is there anything to stop you from deleting and recreating accounts in order to get free bet offers repeatedly?

    Reply
    • Jake Butler

      15. Feb, 2015

      Yes, this is fraud. The betting sites are pretty savvy at combating this.

      Reply
      • richard

        16. Feb, 2015

        Ok, good to know – I won’t try it.

        Do you mean that anyone that did that would face legal action, or just risk being banned from sites? I don’t want there to be any risks of me trying this method wrong and getting into legal trouble.

        Reply
        • Jake Butler

          16. Feb, 2015

          I wouldn’t recommend doing it. It’s most likely they just won’t let you open an account or they’ll just block your account meaning you could lose money.

          Reply
  32. Joe Beggs

    12. Feb, 2015

    Hi, am I right in thinking that this process will get to a stage where there are no more free offers as you’ve used them all, so this is surely a very short term scheme for making money?

    Reply
    • Jake Butler

      12. Feb, 2015

      Yes, that’s correct.

      Reply
  33. samrat

    12. Feb, 2015

    Is it fine to bet on cricket from bet365.com

    Reply
    • Jake Butler

      12. Feb, 2015

      If you can back and lay the even with similar odds then you can bet on anything with matched betting.

      Reply
  34. Lucas

    11. Feb, 2015

    Is it possible to bet and lay on a spread bet so as to take advantage of the offers from spread betting bookies like spreadex?

    Reply
    • Jake Butler

      12. Feb, 2015

      I would suggest sticking to conventional betting. I am unsure as to whether you’d be able to lay a spread bet.

      Reply
  35. Sam

    11. Feb, 2015

    Hi, I’m just using the Ladbrokes qualifying bet, but the odds on the site are slightly different to the calc. Almeria V Sociedad 13th 1945, Ladbrokes give 2.87 on Almeria whereas the calculator says 2.88. Is that normal? Thanks

    Reply
    • Jake Butler

      11. Feb, 2015

      A difference on 0.01 won’t affect you too much. The calculator has the data correct within a certain time but odds can shift slightly.

      Reply
  36. Fraser

    11. Feb, 2015

    Are the free bets necessary as I already have paddy power account etc.

    Cheers.

    Reply
    • Jake Butler

      11. Feb, 2015

      The free bets are the only way to make a profit I’m afraid

      Reply
  37. Jade

    10. Feb, 2015

    Hi Jake,

    On the easy free bets the automatcher says Coral offer a £20 free bet when it is £25, does this mean i just add £5 onto my stake on betfair as well?

    Thanks

    Reply
    • Jake Butler

      10. Feb, 2015

      No, you will need to use the cog symbol in the top right of the automatcher to change the stake to £25.

      Reply
  38. beth

    10. Feb, 2015

    Does this still work i need to make as much money as i can before april and i got layed of work in jan.

    Reply
    • Jake Butler

      10. Feb, 2015

      This does still work!

      Reply
  39. Alex

    09. Feb, 2015

    Hi jake,

    you said we can make up to £1000 in total by your method.

    so far I have make like £540 from the following bookmakers.
    william hill, stan james, betsafe, skybet, ladbrokes, totesport, winner, coral, paddypower, 888sport, TitanBet, betvictor, betatHome, boylesports, betway, sportingbet, betdaq, unibet, vernons, bet365, bwin,betfred, betbright

    I know that the “easy free bets” probably have finished but can you please suggest some more bookmakers to work them out myself?

    Reply
    • Jake Butler

      10. Feb, 2015

      Hi Alex, it’s worth remembering that the £1000 is a guide amount. A lot of the free bets may have decreased in size since I used this method.

      I’d suggest checking out other bookies on lists like this: http://en.wikipedia.org/wiki/List_of_bookmakers

      Reply
  40. Matt

    09. Feb, 2015

    Hi, once your signed up with a bookie can you then claim free bets again through them by using their mobile app? The offers available for mobile users actually look better.

    Reply
    • Jake Butler

      09. Feb, 2015

      As far as I’m aware you can. Would be worth double checking the T&Cs of the mobile app bets first though.

      Reply
  41. Aris

    08. Feb, 2015

    In the calculator at the Stake Not Returned section,if the Stake Is Returned what amount of money i should put there?

    Reply
    • Jake Butler

      08. Feb, 2015

      If the stake is returned you just need to put 0.

      Reply
  42. Karen

    07. Feb, 2015

    Hey Jake,

    Just got my £20 free bet with William Hill. It states I recvd 2 x £10. Am just using your Free bet automatcher and after clicking the cog I am asked: ‘Stake: £ Not returned: £ Comm.: %’ Can you just clarify the totals I put in as I really don’t wish to get this wrong. Kind regards and I just got my £15 free from them thanks to your voucher and £15.50 from Paddy power. Great stuff.

    Reply
    • Jake Butler

      08. Feb, 2015

      If you wanted to match the £10s as separate bets.

      You need to change the stake to £10 and not returned to £10. The commission stays the same.

      Reply
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