Matched betting is one of the most recent side hustles to blow up across the US with a growing number of Americans earning profits in the $1,000s with the process each month.
However, as with most trending hustles, it can sometimes be tricky to spot fact from fiction. So do those who say it's "too good to be true" speak sense? Or have they just not done their research?
In this post we'll address the most common myths and misconceptions about matched betting, and most importantly answer the question "Is matched betting a scam?".
Matched betting is a risk-free side hustle used by 100,000s of users across the U.S. and Europe to lock in guaranteed monthly profits legally and simply.
It's a simple process that involves using clever tools to place bets on every outcome of an event to guarantee a profit. Also known as ‘free bet conversion’, matched betting works by betting on opposing outcomes of the same event to unlock a sportsbook promotion, such as a free bet which can then be turned into guaranteed profit.
So how exactly does this work?
When the process is done correctly, it is completely risk-free because it is based on math, not luck.
The short answer is: no. Matched betting is not a scam. It is a legitimate strategy which works by taking advantage of legally offered promotions by sportsbooks and turning them into guaranteed profit using the technique shown in section 1 of this post.
The matched betting process is simple and straightforward. Absolutely anyone can can learn how to do it once they understand how the process works. And what’s more, you can do it from the comfort of your own home. As long as you are physically located within a state where sports betting has been legalized, you can do matched betting.
In fact, matched betting has already helped 500,000+ people across the US and Europe increase their monthly income. You’ll even find this ever-increasingly popular side hustle covered in some major media outlets and publications, including The Telegraph, VICE, The Guardian and HuffPost.
Although matched betting is gaining popularity as more people discover its money-making potential, unfortunately there are still some misconceptions floating around. These matched betting myths can be confusing for those new to the side hustle. So let’s dive right in and clear up some common misconceptions.
This is a common misconception, but an easy one to bust. Because matched betting involves placing multiple bets to cover all potential outcomes of an event, it isn't based on luck or left to chance like traditional gambling is. The risks associated with gambling just aren't there.
This can be true in that learning the basics takes a few hours of your time. But once you’ve mastered it, the process becomes much simpler. Plus, specialized tools and software can help speed things up.
Another myth. Matched betting is a simple strategy which can be understood by complete beginners. And if you use a reputable matched betting platform, you’ll find all the support you need, including step-by-step guides.
There is often skepticism around the idea of "guaranteed profit." However, the very concept of matched betting means that profit can be locked in and guaranteed. By placing matching bets to cover all outcomes of a sports event, you are able to turn sportsbook free bets and promos into real profit.
It’s not just new customers who can benefit from free bets and other sportsbook promos. Sportsbooks often like to reward their existing customers too through offers known as 'reload offers' or 'ongoing offers'. This means that once you’ve completed all of the signup offers available, you can continue to make a profit, thanks to matched betting.
This is possibly the most off-putting myth you may have heard about matched betting. But let’s say it again: matched betting is not a scam. It is a completely legal and legitimate strategy used to turn sportsbooks’ promotional offers into real and guaranteed profit - just ask our members!
Now that we’ve busted some myths and established that matched betting is not a scam, it’s time to look at some of the biggest benefits of matched betting.
If you're ready to start earning guaranteed cash through matched betting but don’t want to spend hours scanning through sportsbooks for the best odds and offers, the simplest and most effective way to do so is finding a reputable matched betting platform.
ProfitDuel makes it easy for you to get started. Our platform is designed to help you jump into the world of matched betting with ease, providing you with all the tools and support you need to turn sportsbook promotions into real money.
Join our growing community of members who are already earning thousands of dollars every single month, totally risk-free.
So what are you waiting for? Sign up today with our special new member offer of 7 days of ProfitDuel Premium for just $1 and start your journey toward guaranteed profits.