May Matched Betting Profit: £3,038.85
Welcome to the monthly Matched Betting Blog update. Each month I blog about matched betting and what matched betting offers I took part in. If you want to join me in making money from matched betting; I recommend signing up for a site like Profit Accumulator to guide you. I also use Smarkets for almost all of my bets as it has the lowest commission charge of all the major exchanges.
May has been a really hectic month with alot of inshop offers around. I’ll typically go around all my local bookies every lunchtime starting with the William Hill daily horse boost and then mopping up anything else that’s on offer. Ladbrokes had a cracking deal on the Champions League final, bet £20 on the coupon and get a free £5 bet. It doesn’t sound like much but the free bets were issued automatically on the slips so I was handing over piles of coupons at once and piling up the free bets. Typically I’d do 4 bets per shop per day which with 2 local Ladbrokes meant £40 worth of free bets every single day!
William Hill have now started doing a similar offer instore and I expect Ladbrokes/Coral will do them on the world cup games too.
During May there were also alot of offers to start building up free bets for the upcoming world cup. These quickly add up and I’ve already got a couple of hundred pounds worth waiting to use in June. It can be easy to get lazy at matched betting and think that a £5 free bet isnt worth the effort however keep in mind every £5 free bet is £4 profit for only a few minutes work.
Bets of note this month:
- About £300 from Ladbrokes instore offers
- £150 from a Best Odds £25 free bet which went from 11 to 17
- £150 from Skybet free £5 slot offer
- £80 from BGO free £10s (They do this fairly regularly)
- £200 from arbing MrGreen horses
- Over £200 from Galacasino weekend free spins
As always you can catch me on Twitter @MatchedBetGuy
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10 thoughts on “May Matched Betting Profit: £3,038.85”
I did some matched betting this time last year to get some holiday funds and made about £250 on free bets from opening new accounts. I’ve just started again and have £170 in profits in the last 4 weeks. How do I step this up to £100 a week?
Theres loads of ongoing offers after the signup offers. I very rarely do signups these days and instead rely on the signup and instore ones.
Hi Guy,
Are you able to lay off shop bets with a low qualifying loss?
I’ve found shop odds generally much worse than internet odds.
After taking the qualifying loss from a £20 shop bet and then extracting value from the £5 free bet, how much would you make on just one of these transactions ?
I’ve found the shop odds to be alright actually. For instance on the big football games you can usually get a £20 bet down to about 50p-£1 qualifying loss. The free bets are using on the betting machines so easy to just sit at one of those and use your phone on Smarkets to find a good match. Typically I was able to get about £4 back from each £5 free bet, minus the qualifying loss and it was £3-£3.50 profit per bet. Doesn’t sound like much but I was doing 4 bets per visit per shop so an easy £12-£14 profit per shop visit.
Is there a type of market that you find better for shop football price matching?
I’ve taken under goals markets before and then laid off ‘in play’ to squeeze a closer odds match.
The risk is that an early goal is scored and then you are screwed, but the odds decay starts as soon as the game kicks off.
Wow £300 from Lads shop offers is good going :), I noticed they have good odds on World Cup outright markets. Hopefully this will be the sign of things to come 🙂
Hi Guy,
I see Ladbrokes Grid cards have the Tunisia v England game with ‘money back as free bet’
WOuld you look to back and lay off or ever consider backing England and using the draw as a saver.
Not matched betting, I know.
How do you get max money out of this?
I’m currently backing and laying england as it has a lowest qualifying loss. If you’re feeling brave then you can just back Engand without laying, strictly speaking though it’s the same value as laying it if you have 0% commission.
If you live in a city like London with 100s of shops around. Is it theoretically possible to go to loads of them on days with good sport on and keep making profit?
I am an intermediate matched bettor with only online experience. Never been in a shop but want to include it in my arsenal in the future…
Great blog by the way, super useful!
Yes, that’s exactly what I do for the daily William Hill horse boosts and Ladbrokes draw offers. Get round as many different shops as possible in the allowed time. Just always pay with cash so you cannot be tracked and make sure you take any winning slips back to the store they were issued in.