Recognized as one of the fastest-growing side hustles in the United States, in recent years the matched betting process has become a popular way to make money online.
Matched betting involves leveraging free bets and promotional offers given out by sportsbooks to ensure a guaranteed profit and is simple enough for absolute beginners to get involved.
But you might be surprised to know that there are a range of strategies and tips you can apply to matched betting to maximize your profits depending on your experience, available funds and chosen platform.
Matched Betting Strategies
There are lots of strategies to help you maximize your matched betting profits and it’s just about finding the one(s) that work best for you.
Here are five of the most popular matched betting strategies that you need to know:
- Start with the lowest offers as these require the least amount of money to do. As your matched betting bankroll increases, you can then build up to more lucrative offers.
Below Example: Bet365 'Bet $5 get $150' promo offer. $105 expected profit but a lower bankroll is required.
- Start with the most profitable offers. This strategy works for those looking to make maximum profits in the shortest period. If you have a bigger bankroll to play with from the start, you can dive straight in with the more profitable offers first.
Below Example: Bet365 'Risk Free $1000' promo offer. $500 expected profit but a higher bankroll is required.
- Combine or stack offers. Some matched bettors choose to use a promotion offered by one sportsbook along with a different promotion from a second sportsbook. However, combining offers is not advised for many reasons. For example, if you place two risk-free bets against each other, this can significantly reduce your potential profit.
- Sports betting offers first, casino offers second. Sportsbook promo offers are an awesome way to earn guaranteed, risk-free profits when matched betting. But did you know that if you live in a state where online casino betting is available, you can also take advantage of some profitable casino offers?
At ProfitDuel we've got all the guides on both sports and casino matched betting so that even total beginners can follow this strategy.
- Join an affiliate program. As they work through converting promos in their states, some matched bettors boost their monthly profits by signing up for affiliate programs. They promote a product or service and earn a commission from each referral they make. Build an audience or leverage an existing platform to earn several thousand dollars extra per month.
ProfitDuel's top affiliates are currently earning between $1,000 and $6,000 per month (and that’s on top of their matched betting earnings!). How?
Each time someone you refer becomes a ProfitDuel Premium member and makes a payment, you earn a 50% commission on every subsequent payment they make, month after month.
So what are you waiting for?
Matched Betting Tips
- Understand the process. Take some time to familiarize yourself with the basics, key terms and how different matched betting strategies work before you start.
- Put aside some money. Keep your matched betting funds separate from your regular finances. Doing this makes it easier to track your profits and watch your bankroll.
- Look into sportsbook VIP programs. Many sportsbooks offer VIP programs for high and regular sports bettors. So if possible, we always recommend looking into what you chosen sportsbook has to offer. Learn more about VIP programs here, including what prizes they may have to offer and how they can boost your profits.
- Track your profits to stay organized and gain valuable insights into your overall matched betting performance. This can be done in a notebook, on a spreadsheet or with a specialized tool like ProfitDuel’s Profit Tracker.
- Use software and calculators to streamline the matched betting process, find the best odds to maximize returns and work out the exact bets you need to place. Find out what dutch matchers and free bet conversion calculators do by clicking the links.
- Don’t do it on your own. Our No. 1 matched betting tip is to sign up to a trusted platform. Choose a matched betting service with:
- A proven track record,
- User-friendly interface,
- Specialized tools,
- Easy-to-understand guides,
- Strong customer support,
- An active matched betting community
- And a reasonable subscription fee.
Eliminate risk, avoid unnecessary stress and watch your guaranteed profits add up.
Getting Started: Matched Betting
As you can see, there's a whole range of matched betting strategies that you can implement depending on your experience, available bankroll and the platform you use.
Our full matched betting platform, ProfitDuel, has been carefully tailored to help everyone from total beginners to experienced sports bettors earn thousands per month with a matched betting side hustle.
Our team of matched betting experts has 10+ years of experience and 400,000+ members have made money with us. We offer all the software, strategies and support you need to guarantee matched betting profit. And the best part? You can try it out for yourself with 50% off your first month to get you started.