Your Matched Betting Questions Answered

4 min read

18 Apr 2024

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Eager to make money from Matched Betting but have one or two questions that are putting you off getting started?

Don’t fear - you’re about to learn the answers to all the Matched Betting questions we get asked to help you feel comfortable and confident to get started and make your first profits today.


How much do you need to get started with Matched Betting?

You’ll ideally have at least £30 - £100 as a minimum to start Matched Betting.

If you’re starting with a small bankroll of less than £100 then you can first focus on the smaller bookmaker signup offers and build your bank ready for the more valuable offers that require more money to complete.

You’ll have to be patient and your progress will be slower but you’ll get there. It may take a few weeks to turn your initial £50 into £100 for example and then another couple of weeks to turn it into £200 but you’ll have still more than doubled your bank in a month.

If you have a larger bankroll available, you'll be able to complete many signup offers at once if you wish allowing you to make profits at a faster rate.

However, take your time and make sure you’re confident with the Matched Betting process before taking on multiple offers at once.


How long does Matched Betting take?

Matched Betting is a quick and effective way of making money from home. However, 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, it gets much faster. What might have initially taken you 30 - 45 minutes as a beginner, will later take you just 5 - 10 minutes.

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

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

Of course, the more time you can put in - both to learning and doing - the more you’ll get out of it.


Do I need to know about sports or betting?

Nope, not at all!

You don't need any knowledge of sports or betting to do Matched Betting.

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.

The closer the match between the odds, the better the Matched Bet is.

You can make your first profits by following video tutorials and step-by-step instructions for each offer in our free trial and choosing a bet that our Oddsmatching software automatically finds for you.

Outplayed's step by step instructions for locking in a profit from the Coral bookmaker signup offer

How much can you make from Matched Betting?

How much you can make from Matched Betting can vary enormously depending on factors like your starting 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 available with the Diamond membership.


Is Matched Betting legal?

Yes, Matched Betting is legal.

It can be done by anyone who is eligible to open an online betting account in the UK and Ireland (i.e. Over 18’s only!).

Matched Betting profits are classed as betting winnings, so it's also tax-free!


Does Matched Betting affect my Credit Score?

No, not at all.

Bookmakers don’t tend to perform credit checks. Whilst some bookmakers may occasionally carry out something known as a soft credit check on you (rare), this isn’t recorded and does not affect your credit score.


Is Matched Betting A Scam?

No, Matched Betting is not a scam.

But don’t just take our word for it - it is often recognised as the most effective way of making money online in the UK. It's been featured in many national publications such as the Guardian, Telegraph and Calvin Ayre.


Can I do Matched Betting if I have existing betting site accounts?

Absolutely yes!

If you already have some bookmaker accounts it just means you won’t be able to take advantage of their signup offers so you’ll need to skip them and move on to the next available offer.

There are so many bookies around it’s very unlikely you’ll have them all open yet so start with any you haven’t got yet.

The early training videos available in our free trial have some great information for beginners so be sure to watch them through anyway.

You’ll also be fine to do all of the reload offers that a bookmaker offers, even if you already have an account with them.

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

Graph showing how longer term matched betting profits are made from reload offers rather than signup offers

New reload offers are posted daily so having accounts with some bookies already won’t hold you back at all.


My question isn’t here! Help!

No problem, we’ve got you!

You can get in touch with our amazing customer support team who will be happy to help. You can get in touch on live chat 9am - 5:30pm seven days a week.

Or drop us an email, every single email gets read and responded to personally by our Matched Betting experts typically within 24 hours.

Updated: 23 Sep 2024


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The Author

Ben is an expert in Matched Betting with nearly a decade of hands-on experience. He enjoys sharing his knowledge and is dedicated to creating high-quality, beginner-friendly content that educates and informs readers about the amazing opportunity that Matched Betting is.



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