Matched Betting is one of the fastest-growing side hustles in the US due to its ability to earn users significant profits with little costs.
But just how much money can you make matched betting? In this piece we'll explain everything you need to know to unlock the simple money-making potential.
How much you can make matched betting depends on several factors including: state you live in, offers available and the time you are willing to dedicate. However, the average matched bettor in the US makes $300-$2,000 a month matched betting.
The four main factors that determine how much you make from matched betting include:
Let's say you dedicate an hour to matched betting a day and hit somewhere down the middle of the monthly average at $1,000. That translates to an hourly wage of $33, equivalent to a $68,000 annual salary when extrapolated. That's pretty impressive for a side hustle that requires zero experience at all.
Yes, when the process is followed correctly, matched betting guarantees a profit. It does this using a clever (but simple) process that covers all outcomes of a sporting event and unlocking a sportsbook promo which is later converted to cash.
Simply put, here's how the matched betting process guarantees you a profit:
Boom! You've just locked in a profit with 15 minutes of work, how does it feel?
Note: Choose a sporting event that only has two potential outcomes (win or loss) such as an MLB game or a tennis match. Doing this will make sure you don't risk the game ending in a draw and walking away with no winnings.
With some matched betting platforms, beginners can secure their first profits within the first hour of signing up.
At ProfitDuel, once you've watched our three beginner explainer videos (roughly 5 minutes each), you can complete your welcome offer within 30 minutes and lock in $100 to $200 profit, risk-free and for half the original price.
Earning your first profits can be easy, but it's worth noting that mastering matched betting is a more gradual process.
With matched betting, the ceiling is quite literally the limit. At ProfitDuel, our top-earning members have earned between $6,000 - $10,000 per month.
How? Because on top of being members, they're also affiliates. This means that they share the ProfitDuel message far and wide through YouTube channels, social accounts, forums and more. By doing this, they earn a 50% revenue share (AKA commission) every time a referral of theirs makes a payment.
Refer 10 members on a monthly membership of $30? If they stay on board for a year, you've just bagged yourself $1,500 in passive income. Refer 100? And that's $15,000 a year alongside your matched betting winnings. You get the idea. It can get very lucrative.
You have two initial costs when you start matched betting:
This cost relates to the monthly or yearly subscription of signing up to a matched betting platform. While matched betting is possible without a platform, matched betting platforms make the full process insanely easier and significantly more profitable.
Offering access to tools like a Dutch Matcher, which instantly sets up the most profitable matched betting offers in your area, or a Profit Tracker, which analyzes your performance to help you map out your long-term goals, a matched betting platform is a no-brainer investment.
This is technically not a cost, but more of a deposit. Bankroll is the initial cash you need to place on bets to unlock your free bet promotion. Through the matched betting process you will get it back once your selections' game has finished.
However, it's worth knowing that different promotions can require different minimum bankroll amounts to qualify. So even though you can start making profits with a bankroll as little as $50, the more bankroll you have to play with, the more generous free bet promotions you can unlock.
Depositing and withdrawing cash when matched betting is carried out on your sportsbook/betting exchange account itself, rather than the matched betting platform.
But it's really simple once you know what you're doing, and today you can deposit and withdraw using a number of methods.
Deposit methods include:
Withdrawal methods include:
NO! As mentioned earlier, even novices who've never watched or bet on a sports game in their life can begin earning profits with matched betting right from the start.
With reputable platforms offering walkthrough guides for all types of skill levels, you don't need to be a betting pro to make a buck matched betting.
At ProfitDuel, we take things a step further with a dedicated customer support team made up of industry experts. Our team is happy to guide you through every step of the process and answer any and all questions you might have.
Indeed you can! Having multiple existing sportsbook may reduce the potential profit you can earn from sign-up promotions. But sign-up offers are just the starting point.
You’ll be able to take advantage of reload offers, which are ongoing offers that sportsbooks use to target existing customers.
What's more, a long list of sportsbooks exist in the US today, so you'll likely have plenty of offers to make use of. ProfitDuel has over 100 sign-up offers listed on the ‘New Customer Offers‘ page, and extra money-making reload opportunities updated regularly
Uncovering the most rewarding matched betting offers in the US market will amplify your profits. But in order to do that, it can be useful to know which types of offers exist and how they vary.
| Offer Type | Description |
| Sign-Up Offer | Typically available for new customers, these provide a profitable starting point for matched bettors. |
| Risk-Free Bet | If your first bet loses, the bookmaker returns your stake as a free bet. |
| Free Bet Offer | These are promotional offers where bookmakers give away free bets as part of specific events or tournaments. These give match betting its often referred to name 'free bet conversion'. |
| Reload Offer | Existing customers can access these, which keeps the profit rolling in long after the sign-up bonuses have been exhausted. |
| Enhanced Odds, Accumulator and Refund Offers | These are more complex offerings, but with the right approach, they can significantly boost your earnings. |
Note: it is advised that you don't combine offers when completing matched betting opportunities. To extract the maximum profit in your state, convert them one-by-one.
When the process is followed correctly, you cannot lose money matched betting. That's what gives the process its commonly referred to name 'no-risk matched betting'.
However, we're all human, and if you make a human error in the process (such as betting on the wrong event by accident), this can of course result in a loss.
While it will generally only be the amount you wagered on that bet that you could lose, for this reason it's important to be aware of the details of a matched betting offer and not jump in too quickly without double-checking and doing your research.
Note: Only try matched betting if you're in a state where online sports betting is legal. Check out our piece for an overview of eligible states, or this piece by CBS Sports for a more in-depth insight.
Anyone with a WiFi connection and a few spare hours a week can make money with matched betting, but there are some game-changing tips.
Here are seven of the most effective:
Now you know everything there is to know about making money matched betting (the useful stuff at least), you're probably thinking it's time to dive in and test out the profit-filled waters. We don't blame you.
Well, fire away. Here's how easy it is to make your first $100 at ProfitDuel in four steps.
Signing up to a reputable matched betting platform is key. A good matched betting platform will speed up the process, skyrocket your potential winnings and guide you every step of the way.
At ProfitDuel we've got over 10 years of experience helping everyday Europeans make risk-free cash with matched betting. In the UK alone we've had over 400,000 happy customers. Better yet, we're offering new members a taste of the profits with 50% off.
Now you're all signed up, you'll want to go ahead and choose an available offer in your state. With traditional sports betting, this would involve manually going through dozens of sportsbooks, seeking out promotions and still potentially coming away empty-handed.
With ProfitDuel, that's not the case. Our state-of-the-art Dutch Matcher scans all available promotions from sportsbooks in your area, matches them with an event and outlines the step-by-step process of unlocking them. Hint: we've got a current welcome offer that will gain members $100+ profit in 15 minutes in every available state.
Now that you've had your bets mapped out, all that's left do to before placing your bets is signing up for the sportsbooks that the Dutch matcher has outlined.
Traditionally, this might involve signing up for a long list of sportsbooks to uncover hidden promos which wastes valuable time and effort. At ProfitDuel we do the hard work for you and tee up only the most appropriate sportsbook offers for you.
Here's where it gets exciting. All that is left to do to start the process is go ahead and place your bets.
The Dutch Matcher will outline exactly which bets to place, which event to choose and how much to put down. All you need to do is follow the instructions, place your qualifying and hedge bets, and you've just locked in your first $100+ of profit.
You've put the work in and now it's time to enjoy the fruits of your labor. Once the event has concluded and your winnings have been credited to your sportsbook account, go ahead, sign in and withdraw your $100+ via your chosen payment method.
Sound easy enough? Go ahead and put it into practice. We're currently offering a discounted price of $49.50 for your first month, where you can unlock the above profit in 15 minutes and gain access to full ProfitDuel resources and one-to-one support with our team of experts.