Matched Betting Bankrolls

A dedicated Matched Betting bankroll will help you plan out what offers you can do and give you an idea of how to grow your bankroll in the fastest way.

If you're thinking of trying Matched Betting then managing your money is an important way to keep organised and motivated to allow you to complete more offers and see your profits build up.

In this article, you’ll find out the best bankroll to start with, how to grow your bankroll effectively and how to manage your money like a pro.

What Is A Matched Betting Bankroll?

A Matched Betting bankroll (also referred to as a cash float) is a set amount of money you use for placing your bets at the bookmakers and exchanges when Matched Betting.

If you’re just starting, there are three important things you need to know about bankrolls in Matched Betting:

1 - You Can Grow Your Bankroll Risk Free

When following our sports signup guides correctly you can’t lose any of your bankroll – only grow it by making profits.

If you use the Coral signup offer on our free trial as an example, and a starting bankroll of around £50 then you’ll deposit £5 into Coral and around £45 into Matchbook Exchange.

You’ll then follow the step-by-step video tutorial and written guide to lock in £15+ cash profit to add to your original £50 bankroll without ever having to worry about losing any of it!

2 - You’re In Control

You’re in complete control of your bankroll (and profits) at all times.

Your bankroll is yours at all times and is always either sitting in your bookmaker and betting exchange accounts, from which you can withdraw at any time, or your bank account.

No one should be able to access your bankroll in any of these locations except for you – they’re all your accounts. Just like you may have a PayPal account, an Amazon account, or an eBay account etc.

3 - A Larger Bankroll Can Mean Faster Profits

The larger your bankroll, the more Matched Betting offers you can do at one time and the quicker you can make profits.

Using the Coral signup offers example from above, if you start with a bankroll of £50 on a Saturday morning, and place all your bets on Premier League games coming up that afternoon, your £50 bankroll will be tied up until the games you bet on end.

You’ll have to wait before moving on to doing any other offers until the games you’ve bet on settle and your bankroll and profits come back into your bookmaker and exchange accounts.

Only once they’re back can you complete another offer.

If you have a larger bankroll of say £150, even after you use £50 on completing the Coral offer, you still have £100 left that you can immediately use to complete another signup offer too.

On that same Saturday morning, you can complete two (and even three) sets of offers rather than just one. Instead of making just £15 in profit, you can now make £40+ in profit – all because you had a larger starting Matched Betting bankroll.

What Is The Smallest Possible Bankroll For Starting Matched Betting?

We recommend starting Matched Betting with a bankroll of at least £50.

You can start Matched Betting with as little as £20. Although possible this is a very difficult amount to start with and you’ll need buckets and buckets of patience!

You’d also have to constantly use lower odds when doing free bets which will mean that you’ll miss out on making as much profit as you could do if you started with a larger bankroll.

£50 is enough to comfortably complete your first signup offer to lock in your first Matched Betting profits. If you don’t have around £50 or more spare cash to invest in your bankroll, it’s worth saving up at least that amount to get started.

After that, you’ll need a bit of patience to complete your first 10 or so offers from our 40+ sports signup offers available on our free trial. This is mainly because you’ll constantly have to move money between each bookmaker, your betting exchange and your bank account between completing each offer.

It can be done though and many of our members who started like this have slowly built their profits and are now making hundreds, and even thousands a month.

What Is The Best Bankroll To Start Matched Betting?

The answer to this question somewhat depends on how much time you’ve got spare to do Matched Betting every week. As mentioned above, the larger the bankroll you have, the better as the more offers you can do at once and the quicker you can make profits.

You can have a starting bankroll of £2000+ for example but if you only have 2-3 hours spare a week you might be hard pushed, at least until you're very experienced and doing more advanced offers, to get enough bets done that require your full bankroll.

With such a large starting bankroll you’d also have to be a little bit careful about running before you can walk when first starting too.

Based on this we’d therefore recommend the very best starting bankroll for Matched Betting being anything from £500 to £750.

If you find you’re using this bankroll quickly and need more you can then always add in extra as and when you need it.

How To Grow Your Matched Betting Bankroll?

If you’re a beginner the best way to build up your bankroll is by working through our full list of bookmaker signup offers.

In the members area of Outplayed, there are more than 40 bookmaker signup offers to complete, and if you do them all, you should expect to make more than £850 in pure profit. You can access all of these for free using our free trial.

If you’ve been Matched Betting and have already completed the signup offers, don’t worry you can easily rebuild your bankroll using reload offers available every day.

Whilst you should generally be able to make £300 - £1000 on a healthy set of accounts, the amount of profit you can make from these offers will vary enormously from month to month, or even from person to person. As the age-old adage goes, “The more you put in, the more you get out.”

What Is A Good Bankroll For Doing Matched Betting Reload Offers?

As with a starting bankroll, the size of the bankroll you need is dependent on how much time you have spare for Matched Betting each week. It’s also dependent on which reload offers you tend to do – or can do (if you’ve been gubbed).

If you are looking to do only guaranteed profit reload offers and price boosts a few hours a week, a bankroll of £1000 to £1500 will likely be sufficient.

If you want to do a variety of offers from horse racing refunds to more advanced extra place offers then you’ll ideally have a bankroll of over £1500+. This will allow you to easily place your Matched Bets on multiple different offers.

How To Manage Your Bankroll And Track Your Progress

As an Outplayed member, you can use our awesome Profit Tracker to record your Matched Betting earnings quickly and easily.

Our advanced tracking software is designed to replace the need for a traditional Matched Betting spreadsheet making it quick and easy to save each bet directly from the Oddsmatching software and gives you more time to focus on completing offers and growing your bankroll.

As well as tracking your profit, a key aspect of Matched Betting is keeping track of your bankroll as it's likely to be spread across multiple betting accounts. You can use the Balance Sheet tool to help you know where your bankroll is at any point.

You can set your starting amount in the Bank Balance box, and can add or remove bookmakers as required.

You can withdraw and deposit to different bookmakers allowing you to transfer money between your bank balance and the bookmaker to help you know where your money is at any time.

The withdraw and deposit feature is a cosmetic feature to help you keep track of your money and doesn’t move any money between your actual bank account and your bookmaker accounts.

What Bankroll Do I Need For Matched Betting Casino Offers?

A dedicated casino bankroll is a crucial part of making money from casino offers. The main reason is that many casino offers are not risk-free.

Most casino offers need require you to deposit and wager some of your own money to unlock bonuses and rewards. So if you don’t have any bankroll, you can’t complete the offers. No offers mean no profits.

If you stick to the strategy and only do +EV offers, you’ll achieve amazing profits doing casino offers. But, you’ll always have some periods where you don’t make any profit, and sometimes even lose a bit of money.

This is where your bankroll comes in. Your bankroll ensures that you can always withstand any inevitable dips in profit along the way. You can power through any downswings and keep completing +EV casino offers - building up your profits over time.

How much of a casino bankroll you should have for casino offers depends on how risky the offers are that you are doing.

When starting out you can use a minimum starting bankroll for casino offers of £100-£200 to allow you to work through the risk-free and low-risk casino welcome offers.

As you build experience and grow your bankroll you can eventually move to medium and high-risk offers but we recommend a bankroll of at least £2500 - £5000 before moving onto these advanced offers.

Summary

The most important thing to remember is that by managing your money correctly and keeping track of your progress, you can make Matched Betting worth it for you whatever the size of your current bankroll.

If you need any extra help when it comes to your bankroll when Matched Betting - remember you have access to experienced Matched Betting experts who are ready to support you.

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.