Pete's Made £5000 Profit In Under 6 Months And Invested In A Great New Setup!
22 Feb 2022
Updated: 14 Nov 2023
Date of Interview:
14th January 2022
What's your name and where are you from?
I’m Pete and I'm from Sedgley, which is sort of between Wolverhampton and Dudley in the West Midlands.
Please can you tell us a bit about yourself?
I’m married to Jessica, I’m nearly 35 and we have a son called Alfie who’s 4. I work full time doing IT Infrastructure, which I can do from home most of the time.
As I work at home, I started looking at other ways to make more money on the side, as working at home made it so much easier.
How long have you been a member of Profit Accumulator?
Just over 5 months.
Can you remember how you first heard about Matched Betting and what you initially thought about it? What convinced you to give it a go?
I actually first heard about it around 10 or 11 years ago, I think it was before services like PA were about. It seemed like a bit of a dark art and as I’ve never been a gambler, and I sort of forgot all about it.
When I came across PA, it all started to make sense and I could see what was involved, so I thought I’d try it for a laugh.
Turns out it’s one of the best decisions I made in 2021.
Had you ever placed a bet before Matched Betting? Did you know anything about sports at all?
Nope, never. Which was good as I could open all the bookie accounts. I’d also never put any money in a fruit machine in a pub (and still haven’t). I didn’t really know much about sports either, other than if one team kicks the ball and it goes in the other goal they score. Or if a horse gets to the finish line before the others, a load of people win & lose money.
That’s still pretty much as far as my knowledge goes now, other than I’m the one “winning” money whatever happens which takes the stress out of sport.
How easy or difficult did you find it to learn Matched Betting?
Pretty easy once I watched the videos and tried it. It became clear as soon as I did it, as I learn best by doing things anyway so as soon as I’d done the two opening offers I was ready for the rest of them.
What was your starting bankroll (or cash float)?
It wasn’t really a set amount, but it wasn’t a bottomless pit either. Basically, I started using my current account after I’d been paid. Which was great at first as I could just top up the accounts when I was ready for the next offer. But my statement started to make me look like a gambling addict, and if the wife had seen it she’d have hit the roof. I set up a Starling account just for matched betting and moved it all over to that, I also sold the cryptocurrency I had as I’d rather invest it in this. That’s when my actual bankroll became separated, and my current account looked healthy again.
How much profit have you made so far?
According to the PA dashboard, it’s £5,311.04, give or take a few quid.
Check out Pete's recent post in our Facebook Group where he discusses his profits in more detail:
Have you bought anything nice with your profit? Or are you saving up for something special?
I bought a new washing machine after it died, a ride-on Audi for Alfie, a new dryer when that died and a new Android head unit for the car after I broke the other one by messing with it. But I’ve kept most of it in my bankroll to grow, as the more you have to play with, the more profit you can make.
Since the interview, Pete has shared his new home office set up with our Facebook Group, ideal for speeding up his Matched Betting, and maximising his profits!
Do your family and friends understand how you have made the money?
They did once I showed them. I showed my dad my spreadsheet & profit last weekend and he pulled a face like he was both surprised and impressed at the same time. He also made a comment about it being almost the amount that he’s lost with them, saying that I’d taken it back from them.
Are you a person that tracks everything or do you just roughly tot up your total profits every week or so?
I do track it all, but the way I’ve done my spreadsheet means that I can just quickly put my profit for each offer for that day in. I don’t record the qualifying losses either, I write them next to the offer and take them off the profit. That just means there are less items in the profit tracker to keep it tidier, while staying the correct amount. At the end of each day, I just copy the day’s profits from my spreadsheet into the profit tracker on PA.
How much time do you think you spend Matched Betting? When do you tend to do most of your offers?
It usually adds up to a few hours a day, as I work at home so I can do it alongside my normal job. I’ve just set up my desk to share my monitor screen with both my own laptop and work laptop, so I can quickly switch between them. I find I spend less time doing it now as I’ve got quicker at putting the bets on.
I’ve also been gubbed by a few of the bookies that had regular bet clubs, so I don’t spend as much time doing those qualifying bets now.
What kind of offers do you do to make money now?
Lately, a lot of my profit has been from casino wins and there was a big Lottoland one over Christmas that got me about £99 altogether.
Other than that, I find odds boosts can be quite profitable if you underlay them and they win. With underlaying, you can lay at the same stake you back at to create a risk-free bet. If it wins, your profit is bigger and if it loses you just break even with £0.
There are also good lists of offers on the forum for each day and on Facebook, Andy Cooper puts up a daily post with the best offers on as well.
How have you found PA's services so far? What are your favourite features?
PA’s services have been incredible as the videos explain everything to someone who has never put a bet on before. It’s well worth the annual subscription, as even with Diamond membership I can make that back within a week or two.
The offers are listed clearly, the profit tracker is great for showing you how much you’ve made and the forum & Facebook groups add a whole new level of tips from other people so you can improve and try new things.
What advice would you give to someone who is thinking of starting Matched Betting?
I’d say go for it. It doesn’t matter how much money you have to start with either, as that only limits how fast you can move onto the next offer and how many offers you can do at a time. It’s a snowball effect, so once you make a bit of money you then re-invest it to make more money and it grows. Your starting bank just controls the speed at which you do it.
What would you say to people who think Matched Betting is a scam, gambling or too good to be true?
Don’t worry, it’s neither of those things. The closest it ever gets to gambling is when you move onto the low-risk stuff such as casino and extra places, but even with those you profit in the long run because of the way it works.
What advice and tips would you give to a new PA member who has just started Matched Betting?
Take it slow at first and don’t rush, making sure you understand it before you start placing the bets. Also, check the bets have been successfully placed at the bookie first before you put the lay bet on. Once you’ve done it a few times, it gets easier, and you’ll see the process.
What advice and tips would you give to a PA member who’s just about to start doing reload offers?
I started reloads with the daily & weekly bet clubs. These are easy, regular profit that you can have every week.
There are also the odds boosts, I have Catapush messenger set to alert me when the odds boost thread has been updated. Once you start getting gubbed by the bookies who offer weekly bet clubs (I only got a week or two from some of them), then you can move onto more advanced stuff such as extra places and casino.
There are detailed guides for all of these on PA, so once you start losing bookies it’s not over, you just have to change tactics slightly.
Finally some quick-fire questions...
Football or Horse Racing?
Horse racing as it’s quicker.
Forum or Facebook?
Facebook mainly, but I do go on the forum as well.
Betfair or Smarkets?
Smarkets, 0% commission for the win.
Sports or Casino?
Casino now my sports bet clubs have dried up, but starting to get into extra places and other low-risk sports stuff now.
...and finally, a word or short phrase to sum up how you feel about Matched Betting with PA?
I should have started it sooner.
Enjoyed Pete's Story?
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