Is Matched Betting Worth It In 2024?

Ben

19 Jan 2024

Updated: 1 May 2024

The answer is a definite YES!

Thousands of people in the UK are making good money from arguably the best side hustle around.

In this article, you’ll find out why Matched Betting is still worth it, how much you can expect to make and how to maximise your profits this year.


Is Matched Betting Worth It?

Put simply, Matched Betting is well worth it because it’ll give you a flexible way to make some extra money online. All from the comfort of your home.

Matched Betting often pops up as the number one genuine way to make money online from home in the UK. Thousands of people have already taken advantage of Matched Bets (in fact, we've helped over 150,000 people do it!).

Matched Betting has been featured in lots of mainstream publications. This includes both the Guardian and Telegraph demonstrating how trusted and popular it’s become.

You can also see how worthwhile it is by looking at Trustpilot. You’ll see that we’re rated as excellent by happy members and are the most popular Matched Betting service with well over 2000 verified independent reviews.


How Much Money Can I Make Matched Betting?

Earnings can vary enormously depending on factors like your starting Matched Betting bankroll, the amount of time you have to put in, whether you’re using a brand-new set of accounts, and whether you’re also doing related offers like casino offers.

You can expect to make over £850 from the initial sportsbook signup free bets, and thereafter you can make £300 - £1000+ a month from reload offers for existing customers.

You can also make over £1400 from casino welcome offers and a further £300 - £1000+ a month from casino reload offers.

If you’re a beginner, focus on completing the bookmaker signup offers. These are offers that online betting companies offer to new customers as an incentive to sign up.


What If I Already Have Existing Bookmaker Accounts?

Matched Betting is still worth it even if you have previously opened bookie accounts. It just means you won’t be able to take advantage of their sign-up offers so you’ll need to skip them and move on to the next available offer.

There are loads of bookies around it’s very unlikely you’ll have them all open yet so you can start with any bookmaker signup offers you haven’t got yet.

The good news is - the signup offers are just the start!

The initial signup offers are very much the warm-up to Matched Betting. The main event - is the reload offers. These are promotions that the bookies give out to their existing customers.

The vast majority of Matched Betting profits come from existing customer reload offers, rather than sign-up offers.

New reload offers are posted daily so having accounts with some bookies already won’t hold you back at all so it’s still well worth pursuing Matched Betting.


What If I Have No Betting Experience Or Sports Knowledge?

Never placed a bet and know nothing about sports? That’s not a problem and Matched Betting will be very worthwhile for you.

The best bets to use when Matched Betting are never selected using sports knowledge or betting tips! They’re selected on how closely a pair of betting odds match between two betting sites.

These bets are automatically found for you using our Oddsmatching software so you can follow along with our step-by-step video tutorial instructions to lock in profits each day.

We teach you everything you need to be successful at Matched Betting and you can ask questions or get help from our amazing team and communities.

We all remember when we first started Matched Betting and love to help beginners.

Our customer support is truly superb and they’re the only Matched Betting support available by phone as well as live chat and email seven days a week!


Is Matched Betting Worth It If I Don’t Have Much Time?

Most of our members do Matched Betting around their full-time jobs and busy schedules.

One of the good things about Matched Betting is that you can do it in your own time. The more time you put in, the more offers you can do and the more money you will make.

Even if you can only spare a little time each day it’s possible to get very good results with Matched Betting.

If you’re brand new, as with any new skill, it can feel a bit slow when you’re first learning how to do it.

Once you’ve got the hang of it though it gets much faster. What might have initially taken you 30 - 45 minutes as a beginner, will later take you just 5 - 10 minutes.

Take one of our members who only does Matched Betting when he has a spare 15 minutes:

Carl has made over £1,000 using his phone and only focuses on the quick and easy offers!


Will Matched Betting Always Be Worth It?

As long as online bookmakers are fighting for your custom, Matched betting will always be worth it, so there are no signs that Matched Betting is going anywhere quickly.

The online gambling industry is ultra-competitive and worth millions of pounds and as the bookies will continue competing with each other, there’ll always be free bets and bonuses for you to profit from.

We tracked how much value we posted during 2023 which will give you a good idea of the current landscape of Matched Betting.

These value amounts do not include the more profitable potential profit offers with no value listed such as Horse Racing RefundsExtra Places and 2up Early Payout offers.

It’s important to note that you’ll not be able to do every one of these offers mainly due to time or account restrictions but does show the amount of value on offer from Matched Betting.

If you only look at the value of the available “guaranteed profit” offers, these are offers where you can lock in a profit by following our instructions, the average amount for these alone each month was £1,401.20

If you only completed a fraction of these offers each month, you’d be left with a healthy profit for very little effort making Matched Betting well worth it.


How Can I Make The Most Out Of Matched Betting?

Ultimately, the more effort you put in, the more money you’ll make from Matched Betting to make it worthwhile.

With that said, four key ingredients will determine your results, these are:

  • Dedication
  • Money
  • Motivation
  • Time

You’ll need to determine what time you can dedicate to Matched Betting and commit to learning a variety of different offers to maximise your profits.

You should be able to make roughly £10 and £30 per hour from Matched Betting. So, if your monthly earning goal is £200 per month, for example, you could look at dedicating around 5 hours per week at least.

Remember that the number of offers are limited so you can’t always make that high rate at any time of the day. The best way is to work through the most valuable offers first in the time you have available.

As a beginner, you should first focus on completing the bookmaker welcome offers to build your experience and bankroll. Even if that is all you do, you should complete these signup offers to help you lock in over £850 in profit.

Spending just 30 minutes to an hour each day could still allow you to make a few hundred pounds extra each month. It's an amazing way to top up your bank account, with complete flexibility around your schedule.


Is Matched Betting Still Worth It If I’m Gubbed?

If you’ve been gubbed by a lot of bookie accounts you may have thought Matched Betting is not worth doing anymore.

The great news is there are several different methods you can use to make money from your gubbed accounts - and good money too - so the game is certainly not over for you!

Extra Places

Most bookmakers will pay out horse racing extra places even if you’ve previously been gubbed.

Boylesports and Bet Victor are the only two sites that do not typically pay out extra places on gubbed accounts but some members have reported they are fine to use so it’s a case of placing a few small qualifying bets to test those two bookies.

An “Extra Place” is when the bookmaker says they’ll add one (or more) additional places to their standard place classification on a particular race.

So, for example, they may offer to “pay 4 places on a race” instead of the standard 3 places. The 4th position in this instance is then the “Extra Place”.

You can place a matched bet so if your horse finishes in that 4th position in a race (the “extra place”), you make a profit.

Experienced Matched Bettors are using the powerful Extra Place Master tool available with our Outplayed Pro membership to make an easy £500+ a month from these Extra Place offers.

Casino Offers

In most cases, you’ll find you can still do casino promotions with a bookmaker even if you’ve been gubbed for sports offers.

You’ll also find that your casino accounts will last much longer than sports offers so are a great type of offer to learn to add another income stream to your Matched Betting profits.

All worthwhile casino offers are available with our Diamond membership, when you’re ready to move to these types of promotions be sure to take time to learn how casino offers work first.

Price Boosts

Price boosts are a super quick and easy type of offer you should prioritise in your Matched Betting routine and fortunately, these offers can still be done on your gubbed accounts.

Any time you see a price boost offer where the new boosted back odds offered by the bookmaker are higher than the available lay odds for that same outcome on the exchange – you’ll make a profit using our Matched Betting calculator.

Arbitrage Betting (Arbing)

Arbitrage betting, or arbing, is not something you should ever do on a healthy account, but if you’re already gubbed from a bookmaker, there is no harm in placing some arbs bets.

You make a guaranteed profit on arbs by backing at a higher price than you lay.

Though this is very easy profit, consider this low priority as you’ll often have your bet amounts restricted to very small figures when taking too many arb bets and the other strategies we’ve discussed will make you more money for longer.


Summary

Now you know Matched Betting is still very much worth it this year, you’ll be ready to jump in and continue on your Matched Betting journey.

If you need any extra help to make sure you’re making the most out of Matched Betting remember you have access to experienced Matched Betting experts who are ready to support you on your next step.

Our support team is open and ready to help you 7 days a week. You can use email or live chat and we’re also proud to be the only Matched Betting service to offer phone support, so give us a call whenever you need any extra guidance.

You’ll also be ready to learn our top Matched Betting tips to help you maximise your profits this year.


Interested in Getting Started Matched Betting?

You can start learning for free with our free trial and make your first profits today!