How would you like to book a holiday for you and your family this year? Or, treat yourself to the designer shoes you have had your eyes on for a while? We know what you’re probably thinking: “Wouldn’t we all?” Well, with matched betting, you can make extra money each month, allowing you to put money towards holidays, new clothes, paying off debts, or whatever it is you need the cash for. Now, before the word ‘betting’ has you running for the hills, bear with us. This isn’t betting or gambling in the traditional sense – there’s no risk involved.
Here are some things you should know before carrying on:
- This is a risk-free and tax-free way to make some extra money – it is NOT gambling.
- It is 100 per cent tried and tested.
- Credible news outlets, including The Guardian, The Telegraph, and The Huffington Post, have recommended matched betting.
- You don’t need to have any knowledge about sport.
- You can make a profit every month (from £100 to £1000+).
- Anyone can do it!
This sounds like it’s too good to be true…
We thought that too, until we tried it. Why isn’t everyone matched betting if it’s so profitable?
- Not everyone has heard of it
- Most people write it off before giving it a chance
- Not everyone understands it
We are going to break down those barriers in this guide. We’re not going to promise you you’ll make a £1000 each month either. Some months you’ll make £100, some months you’ll make £500, and then you may have that perfect month where everything falls into place, and you make £1000+. But hey, free cash is free cash, right? The amount of time you can dedicate will influence your profits, but a mere 15 minutes a day will ensure you make some money.
If you have never heard about matched betting before, you probably think we are speaking a different language. Let us explain…
Turn on the TV, and you will see plenty of adverts from bookmakers, offering great deals to try and entice viewers. Matched betting is a technique that involves using these free bets and promotions to squeeze out as much profit as possible, without there being any risk involved.
“Hmm… sounds like something for my husband!” – Of course, your partner can get involved too, but don’t write it off as something for sports fans only. If you are someone that hates your man watching the football every weekend, don’t assume that matched betting is not for you. You don’t need to have any knowledge about sport to make a profit – that’s a promise! You don’t need to predict outcomes of football games, horse races and alike. Remember, matched betting is not gambling.
To understand how it works, it’s important to get familiar with two key terminologies – a back bet and a lay bet.
- Back bets – A back bet is a bet placed at a standard bookmaker, for example, Paddy Power, William Hill, and Ladbrokes. You will bet for an outcome to happen. For example, “I bet that a group will win the X Factor in 2017.” So, if a group wins, your bet wins. If a group doesn’t come first, your bet loses.
- Lay bets – A lay bet is the opposite of a back bet. Essentially, you are going to bet against an outcome happening. For example, “I bet that a group won’t win X Factor in 2017.” So, if a group does not win, your bet wins. If a group does win, your bet loses. You can place these bets on betting exchanges, such as Betfair or Smarkets.
As you can see, if you place both a back bet and a lay bet on the same thing, you have covered all possibilities. Your bet cannot lose. Now, if you were to do this using your own money, the bets would cancel each other out, and you’ll make nothing. But, when you use a free bet, that’s when the profit happens. We know it can be a lot to take in, but don’t worry; we’ll providing you with a working example to show you how it’s done.
We’re going to show you exactly how matched betting works by taking you through the Coral sign-up offer. Coral offer the following for new customers:
Some bookmakers offer much bigger free bets, but it’s good to start off small, so you get used to it. Plus, with an offer such as this, you are only going to need a bankroll of roughly £45 to get started. You will then build your bank balance up with every matched bet you place, enabling you to take advantage of more and more offers.
First, sign up with Coral and deposit the required £5.
Next, sign up with a betting exchange. We’ll go for Betfair in this case. Deposit £40, giving you more than enough to complete the offer.
Now, Coral states that you need to bet £5 to unlock the free £20. This is what is known as a ‘qualifying bet’ – you won’t make any money from this (you may lose a few pennies), but you unlock the free bet, and that’s where the magic happens.
To determine what we are going to put the £5 on, we use the handy Yesbets software, which does all of the hard work for you. The Yesbets service is available for just £14.99 per month, and comes with many features. But, more about that below – including your FREE trial option.
As you can see, the Yesbets software has determined that betting on Sheffield United to beat Walsall is a good match. In fact, it will generate 2p profit, so nothing is lost at all.
Go to Coral, and place the back bet, i.e. £5 on Sheffield United to win. You must ALWAYS place the back bet first.
Now, go to Betfair, and place the stake Yesbets has informed you to on Sheffield United not to win. In this case, it’s £5.28. Always make sure the odds are the same as the odds on the Yesbets software before placing.
Now, you will have £20 worth of free bets from Coral. They will give you this in the form of 4 x £5 free bets. So, let’s turn this into profit…
We go to the handy Yesbets calculator. It tells us that betting on the horse Gawdawpalin will make us a return of £4.18 on one free bet, no matter the outcome.
So, go to Coral, and place one of your £5 free bets on this horse.
Then, head to Betfair, and place £4.40 (as per the picture) against the same horse.
No matter whether the horse wins or loses, you have turned your £5 free bet into £4.18 guaranteed, withdrawable cash.
Now, repeat the process again with the rest of your free bets, and you will get another 3 x £4.18 in profit. That’s a total profit of £16.72 from this one offer, and let’s not forget about the 2p made from your qualifying bet. That’s £16.74, just like that!
We know it seems long-winded and time-consuming, but trust us, reading this takes longer than placing a matched bet. After you have done it a few times, you’ll find it a breeze.
At this point, you may be worried that all of this is too good to be true or too much hassle – one or the other. We hear you! That’s why so many people are missing out on profit; they don’t realise how easy and effective matched betting is. But, we don’t expect you to take our word for it, which is why we offer a free trial at Yesbets. Sign up with us today, and you can use our software to start making a profit, without paying us a penny. We won’t take your card details either. Once you see how easy it is, and the money is in your bank, we are sure you will be more than satisfied.
At Yesbets, we don’t only provide software that tells you where to place your bets, but we have a whole host of easy step-by-step guides and video tutorials, which show you exactly what to do. We also list all of the bookmaker offers so you don’t need to find them, and we provide live chat support and have a friendly Facebook community of matched betters that help each other out.
We asked some members what they thought of matched betting and Yesbets, and here’s what they had to say…
“I nearly didn't bother with matched betting after discovering it because I was afraid I wouldn't be able to learn how to do it - I don't know one end of a football from the other, and had never placed a bet in my life. The Yesbets tutorials and walkthroughs made everything so easy, and the Facebook support group is brilliant. Not once have I been made to feel stupid. I have to fit my matched betting around 3 kids, so I take it slowly but my bankroll is building up, and I hope it will be a regular income for a few years to come yet. I've loved learning something new, especially something that pays! I'm having great fun!” – Mel
“My partner first read about match betting in a newspaper article and showed it to me. The woman had made a substantial income… enough to give up work. I looked into the whole idea more and found Yesbets; it’s a fantastic site and really helped me to understand the whole system. At first, I thought the whole thing was one big scam, I mean making money risk free with very little effort seems too good to be true. I started in June 2016, with just £40 and took it slowly. My bank has grown slowly and steadily. I am now at the point where I am able to complete more offers and bring in bigger profits, so this year will be fantastic. I worked part time, and due to ill health, I was forced to leave my work (after 17 years of constant employment). In the first 16 days of January, I have earned the same as I would if I worked for 9 1/2 weeks. The best thing is you can try the system for free and make money in your free trial if you don't like it don't carry on. If you do…welcome to the world of potentially huge earnings!” – Theresa
“I researched match betting a lot before starting, it seemed somewhat too good to be true, but after I took the plunge with Yesbets, it has been plain sailing. I am probably quite risk averse, but once I got into the swing of things, I quickly realised that it's low risk if you follow the tutorials, start slow, and make sure you check what you are doing. I started with Yesbets in May 2016, and I have so far made about £4,600 from doing match betting in my spare time. I don't make as much as some of the other customers who I think probably put more time into it than I do, but it is a decent income for me (a student). If you want to make some money and have a bit of banter, Yesbets is for you. ” - Hollie
So, why not give our free trial a go, and let us know how you get on below. We’d love to hear about your matched betting experiences!