It’s been 40 months since I started tracking my matched betting profit on this blog so I thought it would be interesting to plot some of figures and take a look at how things have grown.

Here’s my total profit graph tracked from the first month back in April 2016 which brought in £1610.58 in profit. Back then I recorded that I’d placed £6231 worth of bets which seemed like a lot at the time. By comparison; my Smarkets is tracking as having placed over £217k worth of bets so far in August, mostly due to Minimum Bet Guarantee arbs.

More interesting to look at is the month by month profit level:

As you can see, a nice overall average upward line if you look at it a bit blurred. I was surprised to see just how much the profit tended to swing between alternative months. Perhaps it’s a physiological effect of having a bad previous month so putting in more effort for the next month? Or maybe that if I have a good start to a month I tend to take more risks in the rest of the month which gives a higher overall profit?

There’s a noticeable dent around April – June 2017 where I got married and went on a honeymoon (on which the wife insisted no matched betting was allowed!).

A big spike back in June/July 2018 due to the world cup which saw a huge influx of offers and gave a fantastic month coupled with Royal Ascot.

Things then tailed off in October/November 2018 as I was away helping my parents who live abroad.

Starting in December 2018 you can see average monthly profit begins averaging much higher than previous months. This was due to the minimum bet guarantee offer starting around that time.

So what does this show?

There’s always talk in various groups about how matched betting is getting harder, how the good offers are dying out and the bookies are getting better at detecting us. Fortunately though there has been a constant stream of new offers coming along which experienced matched bettors who have built up their banks can take advantage of.

There’s no doubt that the days of “Bet £100 get £100 free bets” are dead, but that doesn’t mean those willing to put in the effort wont still be able to come decent consistent profits.