5 Things All Matched Betting Newbies Should Be Aware Of
22 Jun 2018
Updated: 11 Nov 2023
So you’ve finally decided to see what all the fuss is about and start matched betting. Congrats! It’s never too late to start. In fact, most of our members wished they had started earlier.
Check out the article below for the top five things to keep in mind if you are a matched betting newbie.
Profit Accumulators Top 5 Things For Matched Betting Newbies
1. Work your way through the signup offers in the order they are on-site.
The offers we have on site, specifically the sportsbook signups, are in a particular order. Don’t be tempted to skip ahead. We’ve been doing this since 2014 and have helped literally hundreds of thousands of people - we know what we’re talking about!
The signup offers are placed in a particular order based on how easy they are to complete and how much bank/float you will need. The list has been refined and changed over the years based on our observations and suggestions from our members. It’s in that order for a reason.
It would be a mistake to skip ahead a few offers just because you recognise the name of the bookmaker or you think the offer looks better.
Also, it goes without saying - but make sure you do all the signup offers. We have video tutorials and step-by-step instructions for each one. Not only will you maximise your earnings, you will also be eligible for all the reload offers.
2. Try and maximise your bank.
As you work your way through all the signup offers, you’ll soon realise that the bigger the bank you have, the more offers you can do at once. If you have any spare money or savings, it might be a good idea to use it towards matched betting so you can maximise your profits. Then when you have made your profit, return the original amount back to your savings. See it as an investment.
When you have the benefit of a bigger bank, it also means that you don’t have to be picky when it comes to choosing which offers to do. You can literally do them all! More offers means more money.
3. Keep Notes.
Being organised is a very useful skill to have when matched betting. If you keep accurate notes then you will be less likely to make mistakes.
In our Platinum section, we have a Profit Tracker where you can track all your profits and the balances in the various bookies that you have signed up for. It’s a really useful tool that we would recommend using.
We also have an In Progress section, which is useful to keep track of the offers that you are in the process of completing. This is hooked into our mobile notifications feature, which means you can get a notification to your phone when a free bet is soon to be credited.
Many of our members also keep physical notes of what bets they have done, to stay organised. We have tried to make it so you can do it all on our site, but some people still prefer the physical process of writing things down. Whatever works for you!
The other benefit of keeping an accurate record of your profit in our Profit Tracker is that you can see how far you’ve come. We all have moments where we think ‘is this worth it?’, and have doubts about spending our time matched betting, but if you can see how much money you’ve made so far then it’s a big motivational tool.
4. Double check everything.
We all make mistakes. Even the most experienced of our members have made the simplest mistakes at some point. It's all part of the learning process.
There are some steps you can take to try and minimise the number of errors that you make. The main thing is to double check everything. Double check the instructions, the calculators, the odds, the matches, the bets themselves, the terms - everything basically!
Soon enough it will become second nature, but if you are a newbie it’s better to be cautious. One mistake could wipe out a big share of your profits for that week/month, so be careful. The good news is that the more offers you do, the fewer mistakes you will make.
5. Get involved on for forum.
As soon as you upgrade to become a Platinum member, you get access to our forum. Many members think that the forum is the best part about our service. Make sure you take full advantage by using it to its full potential. Here are some top tips:
- Introduce yourself on this thread.
- Don’t be shy to ask questions. Everyone on the forum is really helpful, so no matter how basic your questions, please don’t hesitate to ask it. We were all newbies at one point so don’t be embarrassed.
- Always tag @administrators and @moderators in order to get a faster response. We have a lot of people asking questions all day, every day. So if you don't add a tag it might get missed.
- Follow @offersteamPA for all the latest offers posted.
- Read past posts. Like I said, we’ve had over 100k+ paying members over the years, so this means over 100k people have used our forum. Most questions have been asked and answered before. Have a read through the past threads to build your knowledge.
- Give back. If you know the answer to a problem, or you have some advice for someone, don't be afraid to post it. You get back what you put in. The more helpful you are to people, the more you will find people are helpful to you.
We’re very proud of how helpful and informative our forum is, so don't be afraid to use it to its full potential.
Still unsure about becoming a Platinum member? Sign up to our free trial here and earn up to £45. Easy money!
What Is Matched Betting?
Matched betting is a way of turning the free bet offers that bookmakers give out, into real cash. It uses a mathematical formula and calculation in order to secure profit. The basic premise is based around the use of a betting exchange to hedge your bets i.e. place a bet on the opposite outcome of the initial bet at the bookmaker. This means that regardless of the result of the game/match, you will walk away with some money. You cannot lose.
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