Matched betting is an incredibly profitable way of making money online. However, a lot of people ask about the long term potential of matched betting and specifically matched betting without free bets.
The most popular questions we get asked revolve around ‘how to do matched betting without free bets in 2018.’
People are often unsure about the methods and techniques you can use once you’ve run out of free bets and specifically whether you can still make money in the long run.
Our answer is always the same…
Yes, do the right things and you can always profit from matched betting.
In this article we’ll look at the different ways you can continue making money, without free bets. Plus we’ll give you some tips to maximise your long term matched betting profit.
A little about matched betting
As you’re here, I’m assuming you already know a bit about matched betting and how this brilliant money making opportunity works.
It’s certainly one of the most profitable ways of making money online, with thousands of people already taking part across the UK and further afield.
In simple terms, we use a risk free method to guarantee a profit from bookmakers’ promotions and free bets.
The maths behind this method is quite complicated, but with the help of our matched betting calculator, it’s made incredibly easy.
Matched betting with free bets
If you’re new to matched betting you may have read a lot about the use of free bets. It’s where most beginners learn the basics and start making some great profit online.
The bookies are always looking for ways to incentivise punters to open new betting accounts with them, rather than a competitor.
The betting industry has become so competitive over the last few years. Mainly thanks to the growth of the Internet.
They entice us all, by offering free bets and bonuses.
What makes matched betting, with free bets so effective, is the huge number of promotions and bonuses available.
Currently there are well over 50 sign up offers you can profit from in The Sure Bettor members area.
Get started with matched betting today…
Building up your matched betting bank roll
Typically, many people who start matched betting, don’t have accounts with many bookmakers.
Yet, others have already signed up to some of the larger bookies like Ladbrokes and Coral and have (unfortunately) already used their sign-up free bets.
However, it’s important to remember that the bulk of initial profit up for grabs, lies with bookmakers that you don’t already have an account with.
The free bets bookies use to entice new customers, are brilliant for building up your bank balance. This is an essential part of matched betting success in 2018.
What’s more, this stage is incredibly profitable and takes a comparatively short amount of time.
You’re probably thinking; That’s great, but you can only complete each sign up offer once.
But there are a number of solutions.
The first of which leads to people tricking the system…
Some people take advantage of these free bets more than once – a process called multi-accounting or gnoming.
They use family members or friends names to open up multiple accounts with the aim of unlocking as many free bets as possible.
There are obviously many benefits of this method. Mainly – you can complete an offer numerous times, greatly increasing your profitability from one bookmaker.
But whilst this is a great concept in theory, the bookies are very much against this method.
There’s debate within the matched betting industry whether this practice is illegal and I’d tend to agree that it is. It’s fraud to pretend you’re someone else.
Having said that, there are definitely matched bettors out there that use this method, to maximise their income and ensure they never run out of free bets.
However, I strongly recommend you don’t do this.
It’s a surefire way to get your account banned if the bookie in question catches you.
More recently, some bookies have introduced terms and conditions which state only one customer per household can receive promotions and free bets.
So, if you can’t complete the same offers more than once, how else can you profit without free bets for new customers?
Matched betting without free bets for new customers
Potential matched bettors are sometimes put off by the long term profitability of matched betting once they’ve run out of free bets.
This is a big misconception that needs debunking.
So here goes…
Surely, there must be a way to profit from matched betting without the free bets just for new customers.
Well, you’re in luck…
There are plenty of offers for existing customers that are just as profitable as sign up free bets. These are called reload offers.
Once the bookies have you signed up, their job isn’t over. They don’t want to keep inactive accounts on their database – it’s a drain on their resources.
They therefore continually offer free bets and other promotions to existing customers on a huge range of sporting events.
This where the long term profit is made. Some people make enough money from these reload offers to use matched betting for a living.
Reload offer example
Here’s a typical reload offer, from Betfred.
During the 2018 Six Nations rugby tournament, Betfred were offering a £5 free bet when you staked £10 on another game. This offer was available for each of the five rounds.
On the face of it, this may not seem like a great deal, but over five rounds, you can make a nice profit.
Multiply this by the number of bookies that offer similar free bets and you’re well on the way to making a great second income online.
This is one of the main ways to continue matched betting without free bets for new customers.
As a member at The Sure Bettor, you’ll have access to all the latest reload offers, with tips and advice on how best to complete each offer.
What’s more, our team are constantly on the lookout for the latest and greatest offers.
This ensures you maximise your profit from each offer, whilst reducing the amount of time you need to invest.
The importance of matched betting without free bets
Despite free bets for existing customers providing the main way to profit with matched betting in the long term, there will be occasions when there aren’t as many reload offers available for existing customers.
At the time of writing this article, the Cheltenham Festival has recently finished. Large horse racing events are great for matched betting and Cheltenham 2018 was no different.
This was a very successful year for many matched bettors out there.
Events like this provide some of the most profitable weeks for matched bettors. However, it’s a common theme for bettors to experience post event blues.
The bookies and punters alike are recovering from an incredibly busy few days of betting. This means there’s usually a few slow days/weeks in terms of matched betting offers.
Whilst you could argue this affects all of matched betting and not just free bets, it’s still important to consider other methods of matched betting without free bets.
There are a number of methods we can use that don’t involve free bets which we’ll take a look at below.
Alternative methods of matched betting without free bets
It’s often assumed free bets are the basis of matched betting. Arguably, there’s some merit to this statement.
Free bet bonuses make up a great deal of our matched betting profit.
However, as any experienced matched bettor will tell you, there are plenty of other methods we can use to make a guaranteed profit from matched betting.
Below, we’ll take a look at the different options available for matched bettors.
This is one of the top ways to profit from matched betting without free bets.
Price boosts are a brilliant method to mix up our betting patterns and they’re incredibly easy to complete.
As another form of incentivising punters to place more bets, the bookies boost the price for a given market.
If the lay odds remain around the original back stake, we can make a guaranteed profit regardless of the event outcome.
Keep an eye out for any Skybet price boosts as these are usually the most profitable and worthwhile boosts around.
This is an awesome technique that should definitely be part of our long term matched betting strategy.
Extra place offers – Each way bets
Another great matched betting method to use when you’ve run out of free bets are extra place offers.
These promotions are slightly more complicated than other matched betting offers in this list but they’re certainly worth learning and completing.
One successful extra place offer can set you well on the way to your monthly target.
The bookies make an each way bet more enticing by paying out an extra place or sometimes more.
The great thing about these offers is that they are available to everyone – even if your account has been restricted or gubbed.
The aim with these promotions is to look for an each way bet where the bookie is paying out an extra place – say the top 4 places and the betting exchange are still paying out the usual 3 places.
If your selection ends up in 4th place, both your each way bet and your lay bet will win – an awesome and incredibly profitable outcome.
The bookies typically like promoting these offers on horse racing and golf tournaments, although the latter is a little more tricky and not as profitable.
Generally multiple bookies will hand out extra place offers on the same event. When this is the case, spread your bets across different selections to increase the likelihood of a win.
Extra place offers don’t provide a guaranteed profit like other matched betting techniques but they are certainly worth doing to increase your long term profit.
There are other ways we can profit from matched betting without free bets.
It’s not just betting offers we can take advantage of – we can also profit from online Casino offers.
Just like betting companies offer promotions and incentives, casino firms do exactly the same.
There are a number of techniques we can use to take advantage of Casino offers – look out for our comprehensive guide, coming soon.
Just like Casino offers, we can also profit from Bingo offers.
Bingo firms promote a lot of sign up and reload offers which matched bettors can take advantage of. Just like with betting, the more firms you sign up to, the more money you’ll be able to make.
Top tips for matched betting without free bets
Use these tips to increase your matched betting success when there are no free bets available.
- Keep an open mind – The more you keep your options open when it comes to offers, the more money you’ll likely make from matched betting without free bets.
- Pick offers wisely – There are generally plenty of promotions to take advantage of – probably more than you have time to complete. That’s why it’s important for you to cherry pick the offers that will provide the greatest return.
- Use assisted matched betting – Some of the methods mentioned above can be quite challenging, especially for matched betting beginners. Use a matched betting service to get the most out of these techniques and ensure you don’t make any mistakes.
Overall, there are plenty of methods you can implement, if, you ever run out free bets and you’re looking to increase the longevity of your matched betting.
That’s it for today’s article, let me know what you think about matched betting without free bets, in the comments below.
Until next time