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Slots are free to play online, as well as through your mobile phone. You can play as many times as you like. On this page, you can read about top-rated online gambling websites in Canada. Smarkets Free Bet Get a refund as cash up to £10 if you make a loss.

Matchbook Free Bet Matchbook £ cashback offer. What is matched betting? Follow the same process again with the free bet to convert it into real cash.

Get Full Access To Oddsmonkey For 14 Days For Just £1 Join for £1 for 14 days and get access to over £1, worth of bookmaker free bets.

Offers Searching for offers and checking how much profit you might make takes time - we do all of this for you. Odds Matching We show you the best markets and calculate the ideal stakes. You make more profit. You can link your Matchbook with your Outplayed to make the process easier and faster by clicking 'Connect Account'.

You can see your liability is £3. If Brighton win you make £3. If Sheffield United win OR the game ends as a draw you make £4. Your free bet at Coral should be credited after you place your qualifying bet.

You can now repeat the Matched Betting process again. The only real difference this time is that you should place your free bets at higher odds around 4. As always, the closer the back and lay odds, the better. The Oddsmatching software will automatically give you a list of the best bets to use with close odds, just like before when you placed your qualifying bet.

The calculator factors this all in for you to make sure you're laying the perfect amount. This is how you generate profit from free bets! When using free bets, higher odds mean more profit - however, the higher you go, the more money you'll need in your Matchbook account to be able to cover the cost of your lay bet.

If you have the bankroll, it's good to go higher to maximise profits, but if you have a lower bankroll, you can take something lower which is fine to do and the difference will be very small so is nothing to worry about.

The Oddsmatching software shows that the odds for Wolves are close with back odds of 5. Pay attention to your liability and your overall position, or profit.

In this example your liability is £ Always check you have enough funds in your exchange to cover the lay stake before placing your back bets and ALWAYS place your back bets first just in case the back odds change or the bet is not accepted for any reason.

Since your qualifying loss was no more than £0. If you enjoy taking money from the bookies, you can then upgrade to our Platinum Membership option. This includes full access to all bookmaker reload sport offers, tools and training guides, as well as use of the Matched Betting forum.

The forum is an extensive and active Matched Betting community, where members share advice and support each other through their journey. When you start Matched Betting, follow the order of the sign-up offers and only do the offers you understand. As your experience grows, so will your confidence and this is important before attempting some of the more advanced and complex offers.

Remember, Matched Betting is not a get-rich-quick scheme. Keeping track of your cash is vital. Your money will be spread across several bookmaker and betting exchange accounts and it's easy to lose track of what's where. You can take advantage of Outplayed's profit tracker, which comes free with your membership.

Cool right? Keep a list of usernames and passwords using something like LastPass. This will save you time and keep your details secure when logging into all your bookmaker accounts.

We also recommend using two-factor authentication on your betting exchange accounts in particular where you may accumulate larger sums of money. As well as these four beginner tips, you can take it to the next level with our top Matched Betting tips for success this year.

If you start with a smaller bank then just do the smaller sign-ups and build your bank ready for the larger sign-ups. If you have a larger bankroll available, you'll be able to complete many sign-up offers at once if you wish allowing you to make profits at a faster rate.

What might have initially taken you 30 - 45 minutes as a beginner, will later take you just 5 - 10 minutes. One of the good things about Matched Betting is that you can do it in your own time.

The more time you put in, the more offers you can do and the more money you will make. Dive in, aim high and you might even surprise yourself with what you can do. It can be done by anyone who is eligible to open an online betting account in the UK and Ireland i.

Matched Betting profits are classed as betting winnings, so it's also tax-free. You don't need any knowledge of sports or betting to do Matched Betting. Have you not already placed your first lay bet for the qualifying bet?

Once the qualifying bet comes in what do you think my next course of action should be? Thanks a lot for quick reply it is much appreciated.

Or have you placed the Man City lay bet with another exchange? I am still very new in this Matched Betting field I have not placed any bet yet but wants to get hold of every facts in it. My question is, is it a must that when you placed a qualifying bet with a particular team, that in your free bet you must still use that same team.

Just like you did in your qualifying bet you selected the sport bet Man U and Watford, then in your free bet you selected thesame Man U and another team. In this guide I placed the qualifying bet on Man Utd to beat Watford and the free bet on Leicester to beat Man City.

Hi Dave. Hi Matt, great stuff. I have one question. I have earned a £ free bet on betfair. How can I used them as I have seen that the free bets are use on the other ones eg. Coral not on betfair.

Could I match bet within the sportbook of betfair and it´s exchange? Hi Tanis. Is the free bet for use on their Sportsbook or Exchange? Either way, you can place a back bet with them and lay it off at Smarkets. Hi Matt, thanks for the great step-by-step guide.

So when I sign up on Betfair and on Coral is it necessary to add money on both websites? Or is it just necessary for one? Yes you need to deposit £5. I hope that helps. We either win at the bookie and lose at the exchange or lose at the bookie and win at the exchange.

Either way we make a profit. As an avid better prior to this I may have wasted my opportunity as I have accounts with near all bookmakers. Is it possible I can do this solely with a Betfair And Coral account and just repeatedly use those two exclusively, backing on coral and laying on betfair.

The welcome offers are just a starting point really. The big earning potential comes from the reload offers for existing customers. I read your very helpful blog and I think I got the hang of it. I want to give it a try but should I wait for the football season or I can claim the free bets now and work with whatever events available?

Hi John. There are still a few World Cup matches left so you could always try a few offers using those.

Just take things at your own pace and then come the start of the football season, you should be raring to go! I signed up with bwin today.

Having only done a back and lay bet according to the method you explain. So is there a way to lay successfully against a three part bet without it getting really messy and confusing? Laying multiples is actually pretty straightforward now that Smarkets allow us to build and lay our own accumulators.

You can find a walkthrough of how it should be done in my laying multiples guide. Thanks for the insightful article, it really helped! Noted that higher odd bets will require higher liability as well.

Hi Ellan. Free bets are usually required to be placed in full. If your bankroll is limited, there is always the option to place your free bets at lower odds, but be aware that this will eat into your profits a lot more than higher odds. Hi David. The new customer offers are just a starting point.

As you rightly suspect, bookmakers run reload offers to keep their customers betting. Great blog, so insightful and bless you for sharing your knowledge and allowing others to benefit from these offers! Thanks for the kind words. That setting allows you to enter the amount you want to risk, rather than the amount you want to win.

Say, for example, you want to lay £5. That would give you a liability of £ Enter Lay Stake — You would enter £5. Enter Liability — You would enter £ Is matched betting applicable for other countries? Thanks for your help. Matched betting is available outside the UK, but it depends on your country of residence.

You would need to check the terms of each offer to see if they accept customers from the Philippines. Even your tutorial leaves me bewildered, and I really need the most elementary advice on what to do step by step on a daily basis, like 1.

Go to Smarkets page and view options. Search for favourable free-bet offer. Use Smarkets calculator for matched betting odds etc. Please tell me if there exists a step by step daily procedure to follow, to help me learn what to do. Hi Brian. Good luck. You can sign up with as many bookmakers as you like Matt.

Obviously, the more you sign up with, the greater the earning potential. You can find a list of the current sign up offers on my Free Bets page.

Is this something different? The 4 x £5. After you have completed this one with Coral, how do you then find odds that are usable on betfair and say ladbrokes or any other websites?

Just make sure you place your qualifying bets above the minimum odds stated in the terms of each offer. Hi Matt, one question. When placing your free bet, if you place a back bet at 5. What happens if the odds change quick and the lay bet now stands at 5.

How does this effect the outcome? All the lay bets seem to be higher?? Yes Neil, the lay odds are generally higher than the back odds. or as per our example only once?? Thanks V. Hi Vicky. You can place each free bet separately and lay them separately or you can place all four free bets on one selection and lay it once based on a free bet stake of £ Hope that helps.

Hi, I followed your guide and I think I understand the concept behind matched betting now as yesterday I made £30, so I must be doing it right! However, and this might be a stupid question but is there a way or a website in which you can get your money back quicker?

You put for example £10 in to qualify for a free bet, but then you put £26 odd in to cover the liability on Betfair, and then you repeat that on whatever other bets you place, but then all that money and your profit takes like working days to go into your bank, is that the way everyone else is doing it or is there a quicker way?

Hi Louise. Once you start to build your pot though, things become a lot easier in that respect. When using the free bet you say high odds are best but is there a limit to this?

When we talk about placing free bets at higher odds to maximise our profits, that only applies if the lay odds are relatively close to the back odds.

Odds anywhere between 5. Feel free to take a look at my Free Bet Strategy page for more info. I have made the qualifying bet, and I am about to make the free bet. Once I have sourced the profit from this free bet around £73 — should I use this profit to match bet?

place another stake and lay bet worth £73? Or is the source of the profit based on the free bets only? Thanks, Bradley.

Hi Brad. Hi Matt, thank you for your guide on matched betting. I was looking to get started by signing up to betfair so I went on to trust pilot to read the reviews. Betfair gets a 1. Are these reviews genuine or should I disregard them.

Will the exchanges pay when you ask to withdraw your money. Thanks J. Firstly can I say what a fountain of knowledge this website is. A question if I may. There are plenty of online bookmakers, including new ones popping up all the time.

You very much get out what you put in. For instance, there are advanced methods you can look into beyond the reload offers and there are also shop offers to consider. My question: do I need to wait for this first bet to settle before placing the free bets or can I just do it as soon as the free bets are available to use?

I want to try a qualifying bet and what I got on Coral was 1. On betfair exchange I got 1. So your calculator says the lay stake required is 4. Alternatively, if the lay bet wins I will lose 5 with coral but gain 4.

But when I go to betfair and put 4. The liability of £3. We use decimal odds at the bookmaker so that we can easily compare our bookmaker back odds with our exchange lay odds. Bookmakers display decimal odds to two decimal places, but the actual values may differ slightly.

Rounding is nothing to worry about though. Hi Matt. Your blog is one of the simplest to understand. I can see that that the results of the oddsmatcher are sorted by bet rating but can this be changed to sorted to by the highest odds? Also, I only have a Betfair exchange account, so can I filter out the Smarkets lines?

Hi Richard. Alternatively, free bets should generally be placed at odds of 5. Thanks for providing this. After many hours of study, I finally decided to have a go — opened accounts with Coral and Betfair, and deposited some money.

Having found what I believed to be a good match, I tried to place my bet with Coral, but got a message that my account had been closed. I then got an email telling me that I had to upload endless documents — passport, credit card both sides, with some numbers edited out , utility bill, picture of myself holding my passport etc.

Bookmakers have to comply with UK gambling regulations and that means sometimes they will request documentation from you in order to verify your identity. The easiest thing to do is keep a copy of your documents so that you can just fire them off if a bookmaker requests them.

Thanks for guide and calculator, dipped into this for the first time using your guide at the start of the week. Small but steady steps so far, already cleared my Coral offer.

Is this more or less likely to occur if I leave a bit of money in my coral account do you think? Or is it more straightforward to just empty the account and forget about it, thus moving on to the next business? With regards to bankroll management as a newbie, my advice would be to do what you need to in the early days.

If anything, it might increase your chances. Nice one. Thanks again. No problem Gerry. The back bets are with two separate betting websites free bets not qualifiers however it means that in my Betfair exchange I now have two separate lays on the two different teams in the same game in this case a lay against Burnley and a lay against Brighton.

Is there any obvious reason why this should be avoided other than to minimise confusion? Covering two different teams in the same market actually reduces your overall liability, meaning less funds are required to place your bets.

Your liability for a market is always the maximum amount you stand to lose. That means your overall liability would have been limited to whichever team had the largest individual liability. Hi there mate. One or two bookies are offering generous signup offers for pool bets.

With pools betting, all bets are placed into the same pot. Once the result is in, the pot is then split between all bettors who predicted the correct outcome.

There are no odds involved, which makes it difficult to place lay bets and cover all outcomes. Total newbie… Just joined Coral and there is absolutely nowhere on the site that I can see a button or a link to take me to where I can change the odds to decimal, any ideas… its not on the header and its not in my account settings either.

However I noticed something this morning when placing a regular bet I have learned the hard way that I need to do this from time to time to avoid being gubbed. I used your calculator to help me lay the bet to minimise my losses as follows:.

Backed Spurs with Betfred to win their FA Cup tie at Marine: Back Stake — £1 Back Odds — 1. Layed the back bet with Smarkets: Lay Odds — 1. The calculator is showing that if my Back bet wins then my loss on the exchange will be -£0.

Hi there. That can happen with the calculator. The lay odds at the exchanges are rounded to two decimal places. So, although you might be seeing the lay odds displayed as 1. You might want to consider placing your mug bets at odds that are bit higher though.

Regular punters are unlikely to stake £1. I think the term is gubbed? Is there anything to do or not do in order for accounts to not be closed? There are plenty of theories out there in terms of what may or may not help your accounts.

They make their money by charging us a small commission on winning bets so they love matched bettors. Hi Matt, I just found out about matched betting and I think this guide is very good, but have a question about bonuses. Lets say for example, I join Coral and Betfair, I am eligible for a new user bonus in both, but then I join Bet and use Betfair again, now I can only get a bonus on Bet Will this be profitable?

or do I have to go through several betting exchange websites? The betting exchange is simply the place you go to lay against your bookmaker bets, so you can place all of your lay bets at Betfair if you wish. I have just come across your blog. I have never done this before. Would it be possible to make a big profit all at once if I had the bankroll?

Many thanks. For more in-depth information on this, please see my How Much Money Do You Need for Matched Betting? So i have pretty much used all the new customer offers and have an account now for every betting agency i can think of.

You may also receive exclusive reload offers via email, so be sure to allow them to send you marketing communications in your account settings. Hi Gary. They may also want to send you exclusive offers via email, so be sure to enable that in your account settings. Matched betting is a process that enables us to take advantage of bookmaker promotions, like free bets and bonuses.

Hi Matt, hope you are well. Great site by the way, you make things so easy to understand so hoping you can help me. I want to complete the Unibet £40 welcome bonus offer but I am slightly confused as to how to release the bonus into cash if your initial qualifying bet loses.

It states you need to wager 3x qualifying bet first so do you back another £ on top of the original £40 qualifying stake then lay it off to get the £40 bonus converted to cash?

With bonuses, you need to either lose the bonus to your exchange account or complete the wagering requirement, which as you say is a further £ worth of bets. Take a look at my bonus rollover guide for a walkthrough of how to convert bonuses into cash. Possibly Stephen, it depends on your location.

You would need to check the terms of each offer to see if they accept customers from your country of residence. I have placed the bet hoping the £20 in free bets gets added to my account. Do you know if this promotion is still available or should I cash out on my lay and back bet before the event at You should see it amongst the banners at the top of their homepage.

Thank you so much for the speedy response, I will wait to see if they come in once my bet has settled before I contact the team. I have just gone on and seen my £20 free bets have been awarded so I can continue without having to wait.

Hello Matt. I have confuse with a Acca offer. The bookmaker send me a free SNR bet but to free it with cash i must use it to bet only ACCA 5 fold bet. Which of the calculators will use to make cash this freebet?

Thank you. What do I need to do to do matched betting? Do bookies require ID cards in order to bet? Would I need to get an Irish one? Feels like a very short term profit margin.

Any advice on how to carry onwards? The new customer offers are just the starting point. I have quite a few betting accounts already Betfair, Coral which have been opened for years but I never use.

I want to start match free betting so can I still use these or shall I try and open up new accounts?

If you already have active accounts, I would stick with those Ben. Sign up offers are very much just a starting point. I have done the new customer offers and they were straightforward but the current offers all seem to want ACCA bets.

Can you show me how to take advantage of these? Yes of course Andrew. Please see my Laying Multiples guide for a walkthrough of how to lay doubles, trebles and accumulators.

This is far more complicated than your blog says. Sorry to hear you lost out there Justin. You must always place your back bet before your lay bet as laid out in my guide. You may have been restricted by a bookmaker or the market may have been suspended. Another reason we place the back bet first is fluctuating odds.

If you place your lay bet and then the back odds change, your lay bet is now the wrong amount. If you place your back bet first and the lay odds fluctuate, you can just recalculate your lay stake. Hi with a £5. Thanks, P.

A friend pointed me to this blog. Can I still use the same approach with Ladbrokes? The £20 bet is made up of 4 x £5 bets. Yes you can, you just need to take your time and follow the exact same process. If you need help with any of the steps involved, just give me a shout.

I hope you are well. Thanks for this page and all your explanation on how this works. I pretty much understood all of it. I have a couple of questions for you though. So, is there just one shot that can be taken? And the same process can be repeated just once with all the different betting websites Betfair, Bet, William Hill, etc?

As a beginner to matched betting, do I have to credit money in the account where I place my back bet and as well as the account where I place my lay bet? Those are the two accounts to be funded with cash first? Hi Abdul. You would need to check the terms of each offer to see if they accept customers from Bangladesh.

Can I follow the above beginners guide with a different betting exchange, and if so are there any others you would recommend? That seems strange Sarah. In the meantime though, you can place your lay bets with Smarkets.

Thank you for posting this blog. I have seen the new customer offer at William Hill which gives £30 for new customers if they place a £10 or above bet and Betfair currently give a £20 refund if a new customer loses their first bet. How do I use this case to place my first bets on William Hill and Betfair please?

Do I back bet £20 on William hill and lay £20 on Betfair? I appreciate your time and knowledge on this. The Betfair offer is a risk-free bet offer and you could do that separately by laying at another exchange like Smarkets.

If you want to combine them though, I would recommend placing your William Hill qualifying bet at low odds and hoping it wins for the refund at Betfair.

Never tried this before. Can I ask, in your example you show a free bet of £20 with back odds of 8. The profit is not as much as the lay stake so I would be out of pocket, what am I missing.