24 Tips For Matched Betting Success In 2024

Ben

19 Feb 2024

Updated: 19 Feb 2024

Our team of experts have joined together to bring you the top Matched Betting tips that’ll help you make this year your most profitable.

Whether you’re just getting started or are a seasoned pro, follow these tips to take your Matched Betting to the next level and join thousands of others as one of our success stories!


Matched Betting Tips

1. Start for free

If you're new to Matched Betting you can make your first profits today by starting a free trial.

With your free trial, you’ll have access to over 40 bookmaker signup offers, and if you do them all, you should expect to make more than £850 in pure profit.

You’ll find each signup offer has step-by-step guides and training videos to make the process super simple, you just need to follow along and pocket the cash!

If you get stuck, don’t worry! You have access to an amazing support team available 7 days a week! You can get in touch if you have any questions or need help with anything.

2. Join a Matched Betting community

Make sure you join our incredible Facebook Community.

Home to over 50,000 Matched Bettors, it's the perfect place to ask questions and get help. You'll feel at home with our members of all experience levels along with our expert team.

If you prefer, you can also join our Outplayed Newbies group, this is a great hub for you to learn alongside over 30,000 others who are at the same stage of the Matched Betting journey as you.

3. Open A Separate Bank Account

Using a separate email address to sign up for new bookmaker accounts will keep your Matched Betting emails separate from your personal emails.

Creating a new email address is free and simple to do and will keep the process much more manageable. Bookies will often send you promotional offers and it's very useful to have these offers, plus any other Matched Betting emails in one place.

We’d recommend creating a Gmail or Outlook account. They’re quick to set up, free and are the most common email domain so you'll fit in amongst non-Matched Bettors.

4. Open a separate bank account

A separate bank account will make it much easier for you to track your deposits and withdrawals. Plus, it will help you grow your bankroll and avoid spending your profits too soon.

It's also a good idea to keep your Matched Betting separate in case you ever want to apply for a financial product like a credit card or mortgage.

Any basic account with a high street bank is best for Matched Betting and most can be opened very easily online.

5. Track your progress

Recording your progress will help keep you motivated through your Matched Betting journey. Seeing your profits grow over time is extremely rewarding and will encourage you to continue to get stuck into more offers to make even more money.

One option is to set up a simple Matched Betting spreadsheet that you use to track your offers. Alternatively, we would highly recommend using our Matched Betting Profit Tracker.

This tool will allow you to quickly and easily record your profit from every offer and allow you to see your month-by-month progress to date.

Not only can you filter by month but also by bookmaker to see where you are making most of your profits.

6. Double check your bets

It’s good practice to check your bets are correct especially when you are new to Matched Betting. Doing this will help you avoid any errors and help save you money.

To make sure you have set your bets up correctly, you can ask yourself:

- Have I placed a back and lay bet on the right team/horse?

- Have I layed the correct amount as shown on the Matched Betting Calculator?

Remember to always take time to follow our step-by-step instructions as they will guide you to complete the offer correctly and help you avoid any basic mistakes.

7. Learn from mistakes

Following on from the previous tip, mistakes can happen, even by the most experienced Matched Bettors.

The most important thing is you do not let this slow you down. Find out what went wrong and then learn from the mistake and move on. Learning from one mistake may save you from making many more in the future.

You can always get in touch with our experts 7 days a week to check your bets if you’re ever in doubt.


8. Be consistent

Once you’ve learnt the basics and know how to make a profit from Matched Betting, it’s now time to make the most out of your new skill and make some serious profit!

If you can try to commit a set amount of time each day, you’ll begin to see some excellent results. It doesn’t need to be a particularly long period of time each day. Many of our members manage to make a fantastic side income by spending around half an hour a day on Matched Bets.

This is often around member’s full-time jobs and busy lifestyles.

Carl made over £1,000 in a few months spending just 15 minutes a day on his phone only focusing on quick and easy offers.

9. Be patient (especially at the start)

If you’re brand new to Matched Betting, you’ll need to take your time to learn the basics and get familiar and confident using the bookmaker and exchange sites.

Remember, Matched Betting is not a ‘get rich quick scheme’. You will, however, be able to make a great extra income once you have built up experience.

Be patient as you will eventually have a large bankroll and enough experience to generate profits much faster than at the start of your journey.

10. Grow your bankroll

To reach that magic stage where you’re earning significant profits each month, you’ll need a larger bankroll.

With this in mind, try to avoid spending your profits initially and let your Matched Betting bankroll grow. A larger bankroll means you can take on more offers at the same time. You’ll not have to wait for bets to settle and you won’t run out of money in your exchange accounts to cover the liability for your lay bets.

We would recommend aiming to grow your bankroll to at least £500 - £1000 to be able to complete most smaller offers, but if you want to make serious ongoing profits, a £2000+ will be very beneficial.

11. Have your KYC documents ready

Know Your Customer (KYC) checks are a routine obligation bookies must follow to combat fraud and money laundering to stick to legal requirements. And to be honest, it’s a bit of a pain!

It involves them needing to verify your identity, age and residency. Bookmakers have software to auto-verify you, however, sometimes this fails and they need ID to confirm your identity.

This will happen at some point on your Matched Betting journey. So, to make the process as hassle-free as possible, it’s worth preparing by having photos of your documents ready.

This way whenever you get a KYC request, you can respond right away and get all the boring admin out of the way. The good news is, that once your account is verified, you won't have to do it again for that bookmaker.


12. Use oddsmatching software

Using oddsmatching software to find your bets will save you tons of time as well as help you find the best bets to help maximise your profits from each offer.

You will find life so much easier with quick links to bookmaker and exchange sites and access to the Matched Betting calculator which shows you exactly what your qualifying loss or free bet profit will be using any particular bet.

13. Get 0% commission on betting exchanges

You can use our link to Matchbook exchange during your free trial to qualify for Matchbook’s 0% commission offer. This means you don't pay any commission on any of your lay bets.

No commission means more profit on every single offer that you complete! This is an incredible benefit that could pay for your Outplayed membership on its own.

14. Never gamble

Make sure that you never gamble. Resist any temptation to stray away from the Matched Betting process. Gambling is a slippery slope and can snowball into wiping out your profits, or worse.

It’s so important to stick to the proven Matched Betting strategies recommended that will end up leaving you to enjoy healthy profits each month.

If you ever have any concerns over gambling, you can seek professional help and self-exclude from betting sites using GamStop.

15. Complete all the signup offers

Whilst it’s fine to start a few basic reload offers, you should prioritise completing all of the signup offers.

The signup offers will not only help you grow your bankroll but also prepare you to start the reload offers. During the signup offers you will learn how to complete a variety of offers which will help you going forward.

You’ll also have opened up the majority of bookmaker accounts so you’ll be well prepared and in a great position to move on to the reload offers.

16. Accept you will get gubbed

Being gubbed is disappointing, but it isn’t the end of the world. There will still be plenty of profit available.

The key is to not let your disappointment of losing an account affect your Matched Betting journey. There are so many bookmakers around now that it shouldn't slow you down much if you lose a few accounts.

You will find that a handful of bookmakers are very quick to gub accounts, while others are much more lenient.

17. Avoid being gubbed

Following on from above, being gubbed is unfortunately part and parcel of your Matched Betting journey. However, you should of course do all you can to stay off the bookmaker’s gubbed list to help you profit more for longer.

Whilst you can’t 100% prevent a gubbing, there are steps you can take to help you preserve your bookmaker account health. You can do this following our top tips to avoid being gubbed.

18. Use multiple betting exchanges

You’ll start your Matched Betting journey by signing up to Matchbook to take advantage of their 0% commission offer. But, as you grow in experience, you’ll find that it is useful to also have other betting exchange accounts open to give you more flexibility

You’ll find on occasion one exchange may have slightly better lay odds than others. There will be other times when an exchange has certain markets available that others don’t which will allow you to lay more bets to lock in extra profits.

The main betting exchanges available to you are:

  • Matchbook
  • PocketBet
  • Betfair
  • Smarkets
  • Betdaq

19. Learn how to do Early Payout offers

Early Payout offers or 2ups are a football promotion where a bookmaker offers to pay your bet out as a winner (in cash) if your team leads by 2 goals at any point in the match (unless a different payout trigger is stated).

Using Matched Betting can mean huge potential profits if your team leads by 2 goals but then fails to win the match.

The key is finding the right value bets that are profitable long term and our revolutionary 2up Master software available with our Outplayed Pro membership makes finding these 2up Early Payout opportunities a breeze.


20. Learn how to do Extra Place offers

Extra Place offers are a common horse racing offer available at many bookmakers.

An “Extra Place” is when the bookmaker says they will 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 – and usually a very healthy profit too!

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.

21. Learn how casino offers work

You may have considered casino slots and games as a certain way to lose money. And usually, you would be right. However, there is a way that you could use the casino’s strategy against them.

You can do this by focusing on only a certain selection of casino offers, which causes the odds to stack in your favour, rather than the casinos. By doing this, you will end up making money over the long term.

Our Diamond membership has everything you need to beat the casinos at their own game. When you’re ready to move to these types of promotions you can learn how casino offers work.

22. Focus on expected value

Unlike the sports signup offers where you can simply back and lay to lock in a profit, the more advanced offers require a long term mindset and a focus on expected value (EV).

Advanced reload offers won’t make you a profit every time. You’ll go on periods where you don’t make any profit, and may even lose a little money.

But, instead of focusing on your profit, you should focus on how much EV you’re taking.

Providing you’re only doing offers where the mathematical advantage is in your favour (+EV offers), in the short term you may lose money, but in the long term, you’ll be in profit overall.

23. Use your gubbed accounts

There are several ways you can make money (and good money too!) from your gubbed accounts.

The main ways are using extra place offers, casino offers, price boosts and arbitrage betting. You can learn more about squeezing as much value out of your restricted accounts by using these strategies in our top tips to avoid being gubbed.

24. Use live chat or pick up the phone

As an Outplayed member, you have access to experienced Matched Betting experts who are available to answer your questions and help you through your journey.

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


Interested In Getting Started Matched Betting?

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