Make money from Matched Betting (full guide)

Hi Lukas, With the spring carnival, a lot of bookmakers were holding back the sign up bonuses because they had so many other promos going on so it might have been more difficult over the last week or two. Online bookmakers offer free bets every single day of the week. There are several different factors to consider when you are researching a bookmaker, for example:. Any free bet amount left unused after 7 days will be removed. Trinbago Knight Riders vs Guyana Amazon Warriors 30th Betting Tips

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If you want to just get started you can find one you like the look of above and start betting on cricket right away! There are several different factors to consider when you are researching a bookmaker, for example:.

If this seems like a time consuming job, thats because it is. But you can relax, we have done a more in-depth study of the sportsbooks we use to bet on cricket online on this site.

Go to our cricket betting sites page for an overview over the online sportsbooks we have tried and tested and read our review of them. We talk about the most important features of them and what we like about them in that section. Sports betting is a business for the operators that offer it, and they are not doing this just for the love of the sport. That means that you have a big hill to climb in trying to outsmart someone that is making boatloads of money on losing bettors and employ hundreds of people to make sure the odds is set correctly.

For you to end up a winner cricket betting you need to have patience, bet within your means and have a knack for analyzing betting odds. You cannot rely on simple systems or go with your gut on games, that is not enough to outsmart bookmakers with their huge databases of statistics and knowledge of the sport. But even though you are probably not going to win, that does not have to make a difference. We are not winners on every sport we follow and most of us even keep a "fun-fund" where we just place bets for fun and try to put our wits to battle with the best oddsmakers in the hopes of winning.

It is a lot more fun than grinding away at betting. Sure, we might be losing money, but what kind of entertainment doesn't cost money? And that is what betting should be: All the different countries and regions around the world have their own laws and regulations when it comes to online betting. Betting is legal in the UK for example, but illegal in the US , but not on a state level. Some states are opening up for online gambling, but this brings aboard a whole nother set of problems.

The same goes for a region like India where the laws are still unclear and some regions allow it while others don't. What is clear though is that depositing and withdrawing funds from betting sites online can be a hassle depending on where you are from. Using your credit card s is quite easy, but sometimes there are fees attached to this and not everyone is comfortable giving out this information to websites.

That is why we recommend to use ewallets. These are forms of internet bank accounts or ewallets that function just like a normal bank account, but they are operated purely online. The big advantage with these is that they are swift in depositing and withdrawals and have low to none fees associated with them. Makes life as a bettor a lot easier. If everything else seems to fail and you are unable to deposit funds you can always ask the customer service at the site you are trying to deposit at for help, they will usually know best what could be the issue and which option would be the best for your situation.

Sign up to our newsletter and receive daily FREE cricket betting tips and betting offers to your email! By navigating our site, you agree to allow us to collect information based on these. This site will not work properly without cookies enabled. Latest Cricket Betting Tips See all tips. Welcome to Online Cricket Betting You have just arrived at the 1 portal for all things cricket betting on the web.

Recent Cricket Results Sep 16, And it's worth pointing out, earnings from the gambling industry are currently tax-free. Anyone can learn how to do matched betting and, in theory, there is no risk involved because you are covering yourself by betting for and against the same event. However the risk comes when mistakes are made so, once again, you need to double-check everything and follow the steps exactly. On rare occasions free bets do not always come through right away, so just be patient.

Once you've understood the process and been successful by following the steps below, you can then continue matched betting at many other online bookies with free bet offers see my table at end which can quite quickly land you a lot of money without risk. It's also worth knowing that depositing at gambling websites does not affect your credit rating.

You'll also be invited to join my Private Facebook Group to ask me anything. This is literally a step-by-step, hold-your-hand kind of guide. There's lots of fragmented information out there on forums etc, which can often result in costly mistakes for novices. Below I outline exactly the steps I follow, using the practical example of one free bet with Coral. So long as you follow word for word, you can't go wrong. I strongly suggest reading through all the steps first before making any bets.

Turn off Ad Blocking plugins when matched betting! Sign up for Coral. There may be some restrictions on what you can bet on or an expiry date. Must be placed within 14 days of account registration. Not valid with CashOut.

Free bet valid for 4 days. During registration, you will be prompted to make a deposit. You can do this from the link in the top menu across the site. Ideally you want to find a sporting bet I recommend football which has the closest odds on both Coral.

Lay odds on Betfair are the red boxes, not the blue. For this free bet offer, Coral's terms state you must pick odds of 1. It's better to choose a bet with low odds for this step, between 1.

I used the Oddsmatcher below which suggested a football match between Liverpool and Sevilla. I will back Liverpool to win at Coral. In my example bet, the difference is 0. Use the Oddsmatcher tool below. This will save you a LOT of time and maximise your overall profit. It fetches live odds from Coral and finds the equivalent lay odds on Betfair for thousands of upcoming football matches. The hardest part is also done for you, which is to calculate the best matches for your qualifying bet based on the closest possible odds and smallest loss.

Feel free to switch between them and the steps and calculations will be updated below the table. Just click the blue refresh icon to start and then follow the 4 steps.

You need to have iFrames enabled. In my Liverpool v Sevilla game, Sevilla won So whatever the outcome, because you matched the bets, you have close to your initial deposits back between the 2 websites minus the small loss we expected.

This time it's worth picking odds greater than 3. I used the next step of the Oddsmatcher embedded below which suggested a football match between Crystal Palace and Manchester United.

The odds are above 3. You'll see below that I am backing a draw on Coral 3. Once again, feel free to switch between the matches in the table and the calculations will be updated. Whatever the outcome, you will now be in profit to the amount calculated in the Oddsmatcher. Now it's time to cash out! In my example of the Crystal Place v Man Utd game, the score ended in a draw at This is exactly the amount of profit calculated for me by the Oddsmatcher. Beats stacking shelves… Share with your friends!

If you enjoyed and profited from this guide, sharing it is the best thanks you could give. And I'm sure they'll appreciate it too.

If you are confident enough with the process of matched betting and eager to make much more profit, work through the free bet offers in the table below ordered by ease. The same key steps above still apply, and I've written a mini guide for each one. The table below is just the tip of the iceberg. Lots more free bet offers come and go, never making it to this page.

Every day I scout around for any new ones, and share them only with those on my email list. You'll also be invited to my Private Facebook Group. Don't miss out, join now:. Matched betting is completely legal in the UK. It takes advantage of a loophole between betting exchanges and bookmakers, but neither of them lose out because not backing or laying elsewhere has no influence on their result from your matched bet.

You can signup here for information on some nifty software we are about to launch that tracks all your matched betting activity! These are designed to keep their customers coming back to them. There are also more signup offers that come and go. To get the latest offers simply subscribe to my email list here or see matched betting sites. Generally speaking you want the figure to be much higher ideally over a few hundred pounds just to give you a nice cushion.

You also need to be quick in placing the bet, as the amount available can change in the time it takes to confirm the bet particularly if the event is starting soon. Then go back to the event page and select different odds which have enough money, ensuring to update your calculations calculator here. Going for slightly higher odds will have minimal impact on your total profit. For more advanced usage, or just to play around with outcomes, use our Matched Betting Calculator. You can also get to it via the dropdown on the tool.

I assume most people want to get the maximum free bet amount, so by default we automatically set the stake amounts etc for each bookmaker. The calculations are a little different, so use our special bet refund calculator. Most refunds are given in the form of a free SNR bet, but occasionally it can be given as cash.

The calculator is straightforward to use: Here the idea is to lay less on the exchange than we normally would as we have something to gain if the bookie bet loses ie. If it loses, we need to use the free bet to compensate for our losses. The bookies are extremely strict on this nowadays, and will ban you if they suspect you doing this. For actual terms check their site. Join my list to get these reload offers each week here. They can change every so often, simply adjust the figures by clicking the settings button in the tool top right.

The calculations will be updated for you. For more flexibility, use the Manual Calculator. Oh, and please give me a shout to update the guide. Nothing has ever shown up on my credit report.