Matched betting is an incredibly popular way of making money online.
But, is matched betting in 2018 still profitable?
This brilliant money making method is still gaining popularity as more people find out about no risk matched betting and the benefits it has over other ways to make money online.
However, with all the changing regulations in the betting industry and the uncertainty around the future of free bets and promotions, is matched betting in 2018 still worthwhile?
Changing nature of the betting industry
Matched betting is all about taking advantage of bookies’ free bets and promotions. We use a risk free betting method called back and lay betting which allows us to make a guaranteed profit.
We rely on bookmakers to provide us with these promotions.
It’s no secret, the betting industry is evolving. The Gambling Commission, along with anti-gambling organisations, are piling on the pressure for bookies to sort out their services and create a more transparent industry in 2018.
This is bringing significant changes to the way bookmakers incentivise customers and therefore how we profit from matched betting.
CMA investigation into bookies free bets
Recently, the The Competition and Markets Authority (CMA) conducted an investigation with the Gambling Commission, looking into the way bookies offer free bets and promotions.
They were specifically looking into wagering requirements and how punters have to complete multiple bets before being able to withdraw their funds.
The CMA and Gambling Commission have stated that firms must stop misleading customers and make their terms and conditions clearer.
As any matched bettor will know, the bookies create incredibly long and stringent terms and conditions for each promotion.
One of the most time consuming and tedious parts of matched betting is reading through these terms and conditions, making sure that we qualify for our bonus. Hopefully, with the changes mentioned above, this becomes somewhat easier in the future.
In the wake of this investigation, a number of bookies have already reconsidered and altered their marketing promotions. William Hill, Ladbrokes and PT Entertainment are three of the major bookies to have already made such changes.
More bookies to follow suit?
In the recent investigation into bookies’ promotions, the CMA and Gambling Commission concluded that all bookies must ‘promptly adopt similar changes’ to what we’ve seen at William Hill, Ladbrokes and co.
We should therefore expect a raft of changes to promotions in the coming months. I think the bookies will specifically look at their terms and conditions and aim to make them clearer in an effort to please the CMA and Gambling Commission.
If operators don’t follow these guidelines, more fines and restrictions are likely to be handed out, a move that all bookies will try incredibly hard to avoid in 2018. Especially after the record fines and penalties firms have received in the last few months.
Has this affected matched betting?
These changes will undoubtedly have a significant impact on matched betting in 2018.
It’s fair to say that free bet promotions are still the most popular way for bookies to incentivise new customers. At the end of the day, any business needs to open new accounts, so we’re unlikely to see operators cutting promotions from their marketing strategies.
What we are likely to see is the type of promotion changing in the coming months and beyond. Bookies are continually finding new ways to make betting more exciting for punters to keep them coming back. It’s these new and innovative ways of betting that we’re going to see more of.
Such things as #RequestABet and ‘Best Odds Guaranteed’ are typical promotions I think the bookies will continue to develop and introduce into their marketing activities.
In terms of matched betting, as long as there’s a lay market available at the betting exchange, we can still use matched betting to profit from a lot of these modern betting techniques in 2018.
Advanced matched betting strategies to use in 2018
Free bets are a key part of matched betting.
However, they’re not the be all and end all. There are more advanced matched betting techniques that don’t require the use of free bets.
More experienced matched bettors will know of price boosts and each way bets and how important they are to add to your matched betting strategy in 2018.
Price boosts are a brilliant way of making extra profit each month (and there’s no need to use a free bet).
To incentivise punters to stake money on a certain market, the bookies boost the odds, meaning a greater potential return for gamblers.
Here’s an example of a typical price boost.
Skybet are boosting the price for Tottenham, Man City and Newcastle all to win from 3/1 (4.0) to 5/1 (6.0).
In matched betting, if the back odds are higher than the lay odds, we can make a guaranteed profit regardless of the outcome of our bets. So, using the example above we’d want the lay market to be below the boosted back odds of 6.0.
Typically the lay odds remain around the original back odds – 4.0 in this example.
This is one of the methods we can use to guarantee a profit from price boosts. You can find out about other techniques in our price boosts article.
There are many price boosts available each week, meaning plenty of profit to be made.
The tricky bit is finding all these promotions. With so many online bookmakers to keep tabs on, it becomes quite a time consuming process.
That’s where we come in.
With help from a matched betting site like The Sure Bettor, this process is made incredibly easy. Our team find all the latest promotions for you, meaning you can focus on what matters; completing the latest matched betting 2018 offers.
Each way bets
Another advanced technique to add to your matched betting repertoire are each way bets – generally available on horse racing events.
These offers are a little more challenging but are still well worth the effort. One successful each way bet can be very profitable and set you well on your way to your monthly matched betting target.
We won’t go into the specific details of how each way bets work as we’ll save that for another article. All we need to know is we take advantage of an extra place promotion on a horse race.
What are extra place promotions you’re probably thinking?
Instead of paying out the top 5 places on a horse race, a bookie may pay out the top 6 places. That is, if your horse finishes in the top 6, the bookie will pay you thanks to the extra place. The bookies use these promotions to incentivise punters by offering greater value.
Using back and lay betting we can potentially make a great profit if results go our way.
With each way bets, our outcome is not guaranteed, however, it’s still risk free. We’ll never end up losing any money with matched betting.
Overall, each way bets are definitely a technique to add to your matched betting 2018 strategy once you’re a more confident matched bettor.
How much can I make with matched betting in 2018?
The question everyone wants to know the answer to…
Unfortunately, we can’t work out exactly how much everyone will make from matched betting (and don’t believe anyone who tells you otherwise!). Everyone’s results vary.
What we can tell you is the average earnings of our members at The Sure Bettor.
On average, The Sure Bettor members make around £500 per month. Members who learn more advanced matched betting techniques and dedicate more time can earn up to £1000 a month.
It really depends on how much spare time you have to invest in matched betting. Either way, it’s incredibly profitable and a great way to bolster your bank balance, pay for that dream holiday or provide you with a second income.
What’s more, no risk matched betting is completely tax free. Everything you earn, you keep – nothing is given to the tax man thanks to zero tax on betting winnings.
Surely there’s no better way to make money in your free time than that?
So going back to the question from earlier in the article, yes, matched betting in 2018 is still incredibly profitable – the numbers speak for themselves.
Make money with matched betting 2018
Who’s matched betting for?
We know matched betting in 2018 is still worthwhile, but is it right for you?
As with most things, it’s not for everyone. If you prefer to gamble and fund the bookies’ pockets that’s fine by me.
On the other hand, if you’re interested in making a risk free guaranteed profit, matched betting is probably right up your street.
Below are the few requirements for matched betting 2018.
- You must be at least 18 years old and have a UK address – for those interested in matched betting outside the UK or matched betting in the USA check out our specific articles.
- You need to have access to a computer/laptop and an internet connection.
- You’ll also need a personal form of payment – preferably a debit or credit card.
Our members at The Sure Bettor come from all walks of life – students, stay at home parents, gamblers turned matched bettors and hardcore matched betting fans.
This just goes to show how popular and versatile matched betting is.
Whatever you’re up to, matched betting will fit in around your schedule and help you make a great second income online.
Finally – some quick takeaways…
4 top tips to maximise your matched betting 2018
Below are my four top tips to get the most out of your matched betting in 2018. Check out this article for more matched betting tips.
Tip #1 – Complete latest offers
As with all money making opportunities, the profit doesn’t just end up in your account. You’ve got to put the effort in.
My matched betting 2018 number one tip is to complete as many offers as possible. The more you complete, the more money you’ll make.
It seems like common sense but you’ll be surprised at the number of people who don’t or can’t complete all the offers. These matched bettors are leaving so much money on the table.
Tip #2 – Avoid being gubbed
This is possibly one of the most annoying parts of matched betting.
To protect their bottom line, the bookies don’t want to keep punters who continually take advantage of free bets and promotions. If they consider you’re doing this, they’re likely to close or restrict your account in some way – a process we call gubbing.
Back to the point above, we’re looking to complete as many matched betting offers as possible. Therefore we need numerous bookmaker accounts open and active – most members have around 30.
It’s useless having our accounts gubbed or restricted in some way.
Not to worry though, there are a number of methods we can use to prevent this. For more information check out our complete guide to gubbing.
Tip #3 – Don’t turn to gambling
One of the main benefits of matched betting is there is no risk involved. It’s not technically gambling.
That leads on to my point of don’t turn to gambling. Sometimes you may feel the urge to use a free bet to gamble. I recommend you avoid this as you’ll miss out on the valuable profit.
One or two of these gambles may go your way and you could end up with a much larger profit. But it’s important to remember, the house always wins in the long run.
Matched bettors would rather take home a smaller, guaranteed profit over gambling for a higher profit – we’re in it for the long run.
If you’d prefer to take a risk than make a certain profit, matched betting isn’t for you.
However, I’ll leave the ultimate decision with you.
Tip #4 – Assisted matched betting
Assisted matched betting is arguably the most important tip in 2018.
When you first start out with matched betting, it can be quite challenging. There are a number of new concepts and methods you’ll need to get your head around before you can place any bets.
That’s why it’s important to get some help from matched betting experts like us here at The Sure Bettor.
We walk you through everything hand in hand, allowing you to get earning as quickly as possible.
Whether you’re using matched betting to make money in your free time or you’re using it as a full time income, you’ll be in safe hands. Our support team are readily available for any issues you throw at them.
Below are some of the key benefits of premium membership at The Sure Bettor:
- Tutorials designed with beginners in mind allowing you to get up and running as quickly as possible.
- Matched betting offers updated on a daily basis along with tutorials guiding you through the whole process.
- The latest matched betting tools and software so you can maximise your income in 2018.
And loads more…
For more information on why you should sign up with The Sure Bettor, check out this article.
Matched betting in 2018
As matched bettors, we need to move with the times. Matched betting in 2018 is different to what it was five years ago.
Whilst free bets still play an important role in eyes of the bookmaker, they are unlikely to be around forever. It’s important we find and utilise new ways to profit with matched betting.
As we mentioned earlier, there are more advanced matched betting strategies available and these will likely become a more important part of our matched betting strategy in the future.
In the meantime, continue as you were and implement the tips above to maximise your profit in 2018.
If you have any questions related to this article or matched betting in general please feel free to get in touch. We’ll be more than happy to help.
Happy matched betting in 2018 🙂