Let's be honest; it is a hard truth that sports wagering is a most loved sit back for some games sweethearts and gamers today with some not having the option to go a day without it. There is practically zero uncertainty that innovation and the online insurgency has made it simpler to put down wagers than any time in recent memory. It is presently conceivable to put down your wagers by just clicking a catch and given that there are endless bookmakers online today, gamers are truly spoilt for decision.
In any case, notwithstanding the numerous preferences that online games wagering offers, there are still some who like to stroll to their ordinary wagering houses or bookies to put down wagers. Indeed, to give you a superior thought, underneath is a snappy guide or a couple of the reasons regarding why internet wagering is a superior choice for all gaming sweethearts.
Bookmaker decision
While it is conceivable to locate various in-store bookmakers in your city or road, there is as yet a lot greater collection of them on the web. There are various bookmakers online both neighborhood and worldwide that you could decide to put down your wagers with which is a favorable position since your decision won't be restricted to the not many that could have branches in your nearby. Since frankly, they may not really be the best. A wide scope of conspicuous and respectable bookmaker brands like Betway have entered the online domain and all these are at your picking.
Independent of what your game of decision is, most online bookmakers offer wagering open doors for most. Sports like volleyball, cricket, tennis, dashing, football and boxing among others are generally accessible. No compelling reason to stress that you may be passing up anything since all wagering openings are accessible on the web.
Imperative to likewise note is that the online bookmakers are as yet dependent upon similar administrative laws like their in-store mates so make certain to pay special mind to bookmakers that pass all the administrative necessities in your general vicinity. At the end of the day, pay special mind to those that are completely authorized since these will be the dependable decision that you should wager with.
Momentous offers
Numerous in-store bookmakers have fair chances and offers for their buyers yet these are not the slightest bit practically identical to the various offers that are accessible on the web. Online bookmakers are frequently in rivalry with one another, so they regularly attempt to do something extraordinary for themselves. From join rewards to insane big stakes, you can believe that you will locate the best offers on the web. There is certainly continually something energizing on the web so you should simply look for a bookmaker that gives you the better preferred position and better chances in your picked sport. Nonetheless, note that not every one of that sparkles is gold so pay special mind to offers that don't accompany offensive terms and conditions connected to them.
Wager at whatever point you need and from any place
The greatest bit of leeway that internet wagering offers is adaptability. The sheer comfort of putting down a wager online can't be contrasted with whatever else. Most bookmakers have their sites as well as have portable destinations and applications for your benefit. You can basically utilize an application on your cell phone to put down your wager day or night and from any place you may be. Regardless of whether you are at home, at the workplace or in any event, sunbathing at the sea shore, you can put down your wagers effectively and rapidly without holding up in a long queue or even trust that the store will open. Online bookmakers are consistently just getting started and there is continually something that you can wager on.
Live Betting
Online bookmakers offer the most well known games, however they additionally make it feasible for you to wager continuously. With live wagering, you can wager toward the beginning of the game or even as it advances. You can even put down a wager ultimately which probably won't be conceivable with in-store wagering. Furthermore, you could decide to money out ahead of schedule and try not to lose all your cash. The decisions online are perpetual and the preferences various.
Just from the above it is anything but difficult to tell that internet wagering offers an entire scope of preferences and has incredibly improved the games wagering field. From free wagers to unimaginable extra offers, online bookmakers are continually searching for methods of improving the wagering experience of their clients.

If a customer makes a bet on a site under a promotion that states an amount the same as the bet will be credited to the customer and then the amount is not credited or their system does not work in such a way as to stop the customer having access to that credit does that customer have any legal recourse?

Finest cricket websites checklist in India
As covered in our blog post of ideal cricket sites listing in India, cricket is amongst one of the most enjoyed sporting activities, and the exact same holds true in sports wagering. Numerous kinds of gambling are unlawful in India, yet, according to the study, Indians invest around $60 billion every year on the sporting activities wagering. Additionally, a considerable variety of wagers go on underground market sporting activities bookies. Putting down a wager on sports is unlawful where it isn't regarded as a round of capacity, similar to competition wagering. Notwithstanding, authorities to sanction sports betting in India have actually reduced. In the interim, there are many on the internet wagering sites for sports registered in Europe that make it possible for Indians to accompany their house address.

Name	Pros	Cons
Betway is a worldwide website which has its particular customers from all over the globe. Betway is various from various other bookies due to the fact that they are accredited in a great deal of European territories. Consequently, they have rigorous needs of customer personal privacy, withdrawals as well as deposits as well as on top of them is client protection.	· Great for Beginners due to user-friendliness · Selection in the choice of chances like cricket, football, equine auto racing, rugby and more · The convenient way of transfers: Visa Card, Bank Transfer, Skrill, and also a lot more	Do not use terrific promos. Customer support assistance is of poor quality.
Betbarter is a family member beginner on the on-line betting market. Yet, they have actually right away approved the scenario as one of the most effective online wagering sites for payouts in numerous European countries, and now they have actually transformed their focus to India.	Uncomplicated to use interface Selection of sports competitors for wagering Enormous promotions use for brand-new consumers Easy ways of deals to sustain local Indian consumers	Client service assistance is a little bit sluggish.
LeoVegas Here on our website, we have actually seen that massive numbers of customers liking LeoVegas, and we can thoroughly obtain why. They have an amazing product variety with a considerable amount of satisfying club video games as well as remarkable, flexible wagering experience. We enthusiastically prescribe that you offer this bookmaker a shot. It fasts, secured and safe!	Mobile video gaming experience which indicates that you can position bank on the go! Range of casino site video games integrating online gambling establishment tables and online ports. The easy enrollment process to make it possible for new individuals to sign up.	Sports wagering games variety is limited to prominent ones only. Advertising deals are much less.
Bet365 is passing on maybe the most exceptional bookie in the whole globe. They have a considerable variety of clients worldwide as well as are vibrant in such huge varieties of numerous nations. What's even more, it's no big shock that this British gaming website has obtained among the outright ideal; they give a fantastic item which includes betting [1] club games, lots of sports to wager on, just as complimentary live-betting with several suits every week. The entire experience of betting with this bookmaker really feels expert and one-of-a-kind.	Practical choices for deposits like Visa card and e-wallets, for example, Skrill, Neteller and also more. Uses cost-free live streaming of different sports matches like cricket, horse auto racing, football and more. Deal both choices of gambling establishment as well as sports video games.	The welcome incentive is much less. Client support solution is commonly long term.
Bodog Although some might be listening to this name for the first time, yet, Bodog is amongst the oldest bookmakers [2] currently running. It was originally developed in 1994, that makes its presence among the earliest sites for wagering. They started as just an on the internet poker area. Nonetheless, with time procured numerous competitors with other betting highlights, and also in the end, turning into the significant and also popular betting website that they are today, complete with betting on sports, on-line betting club, live club, online poker and more. They have now made their entire wagering portfolio accessible to Indian gamers, so we expect that they will wind up being an inexorably widely known as well as best on the internet betting site in India via the span of minimal years!	Practical choices for deposits like Visa card and e-wallets, for example, Skrill, Neteller and also more. Uses cost-free live streaming of different sports matches like cricket, horse auto racing, football and more. Deal both choices of gambling establishment as well as sports video games.	Withdrawal alternatives for consumers are restricted. Competition wagering is not offered.

Online Cricket Betting in India
India has close connections with cricket although, cricket is not the national sporting activity of India yet, Indians have high spirits when it concerns cricket. We don't be reluctant to state that Indians think about cricket as their faith. Cricket as well as cricketers have a close organization with the enthusiastic side of the Indians, similar to football is to Brazil, as well as cricket is to India. Minutes of accomplishment, happiness, and enormous satisfaction are what cricket has given to the nation of diverse variety. Thinking of the reach of the video game in the nation, it resembles the extra substantial part of different video games, made use of to turn cash also. Wagering on cricket in India might not be regular on an expert level. However, it exists. A section of the sites that give the very best online wagering sites of cricket can be discovered in this article.

If you haven’t already register here (referral) - https://www.topcashback.co.uk/ref/thisguycan
This referral link currently gets you a £5 free zeek voucher and me £15 once you’ve reached £10 in cashback. This can change so always check what it says when you click though.
Non referral link - https://www.topcashback.co.uk

FREE OFFERS

Check Topcashback’s latest free cashback offers here -
https://www.topcashback.co.uk/category/free-cashback/

PAID OFFERS FOR PROFIT

Make sure you check all the terms and conditions for each offer as some are for different sections of the same company e.g. casino, betting or bingo which means you may not be eligible for cashback if you already have an account in one of those other sections.
These offers do also change frequently so make sure you are happy with the offer when you click through before signing up! I've only included the ones that will make you at least £5 profit.
CORAL CASINO
Deposit and Wager a minimum of £20 on Casino bets. You must deposit and wager the minimum amount within 3 months of signing up as a new member.
Cashback - £63
Potential profit - £43 + any winnings
https://www.topcashback.co.uk/coral-casino/
SPIN CASINO
New Player. Must deposit and Wager a minimum of £35
Cashback - £52.50
Potential profit - £17.50 + any winnings
https://www.topcashback.co.uk/spin-casino/
BETFAIR
New Account – Poker. Minimum deposit and bet of £30 is necessary to qualify for cashback.
Cashback - £50
Potential profit - £20 + any winnings
https://www.topcashback.co.uk/betfai
HIPPODROME
New Player Sign Up. Player must deposit and wager the minimum of £30
Cashback - £42
Potential profit - £12 + any winnings
https://www.topcashback.co.uk/hippodrome/
BETFAIR CASINO
New Account – Arcade. Minimum deposit and bet of £20 is necessary to qualify for cashback.
Cashback - £40
Potential profit - £20 + any winnings
https://www.topcashback.co.uk/betfaircasino/
BETWAY SPORTS
New Player Sign Up. Must deposit and wager a minimum of £25 (must be in full on first deposit)
Cashback - £31.50
Potential profit - £6.50 + any winnings
https://www.topcashback.co.uk/betway-sports/
SUN BINGO
New Player Sign Up. Must deposit & Wager a minimum of £10
Cashback - £30
Potential profit - £20 + any winnings
https://www.topcashback.co.uk/sun-bingo/
SKY POKER
New Player Sign up. Must Deposit & Wager a minimum of £20
Cashback - £26.25
Potential profit - £6.25 + any winnings
https://www.topcashback.co.uk/sky-poke
118BET
Casino New Player Sign Up. New player must deposit and wager £20.
Cashback - £26.25
Potential profit - £6.25 + any winnings
https://www.topcashback.co.uk/188bet/
SKY CASINO
New Player Sign Up. Must Deposit & Wager a minimum of £20
Cashback - £26.25
Potential profit - £6.25 + any winnings
https://www.topcashback.co.uk/sky-casino/
FOOTBALL INDEX
New Player. Deposit £10 or more.
Cashback - £21
Potential profit - £11 + any winnings
https://www.topcashback.co.uk/football-index/
SPIN AND WIN
New Player. Deposit and wager a minimum of £10
Cashback - £21
Potential profit - £11 + any winnings
https://www.topcashback.co.uk/spinandwin/
SKY VEGAS
New Player Sign Up. Must Deposit & Wager a minimum of £20
Cashback - £26.25
Potential profit - £6.25 + any winnings
https://www.topcashback.co.uk/sky-vegas/
REGAL WINS
New Player Sign Up. Must Deposit and Wager a minimum of £10.
Cashback - £21
Potential profit - £11 + any winnings
https://www.topcashback.co.uk/regal-wins/
PADDY POWER POKER
New Account. Minimum deposit and bet of £10 is necessary to qualify for cashback.
Cashback - £21
Potential profit - £11 + any winnings
https://www.topcashback.co.uk/paddy-power-poke
PADDY POWER GAMES
New Account. Minimum deposit and bet of £10 is necessary to qualify for cashback.
Cashback - £20
Potential profit - £10 + any winnings
https://www.topcashback.co.uk/paddy-power-games/
PADDY POWER CASINO
New Account. Minimum deposit and bet of £10 is necessary to qualify for cashback.
Cashback - £20
Potential profit - £10 + any winnings
https://www.topcashback.co.uk/paddy-powe
PADDY POWER BINGO
New Account. Minimum deposit and bet of £10 is necessary to qualify for cashback.
Cashback - £15.75
Potential profit - £5.75 + any winnings
https://www.topcashback.co.uk/paddy-power-bingo/
LOTTOLAND
£1.00+ Deposit & Bet placed. New Player Only.
Cashback - £7.35
Potential profit - £6.35 + any winnings
https://www.topcashback.co.uk/lottoland/
KITTY BINGO
New Player Sign Up. Player must deposit and Wager a minimum of £10.
Cashback - £15.75
Potential profit - £5.75 + any winnings
https://www.topcashback.co.uk/kitty-bingo/
SKY BINGO
New Player Sign Up. Player must deposit and Wager a minimum of £10.
Cashback - £15.75
Potential profit - £5.75 + any winnings
https://www.topcashback.co.uk/skybingo/

Watching a football match live can be a thrilling experience, but at the end of the day what matters the most is to make profit. There are so many games that start on a positive note, seem to be heading into the right direction and ultimately fail miserably, that punters are entitled to be scared by the outcome. If you have an account with Betway and wager a lot in real-time or at least watch the match live, then you will surely be thrilled with the latest campaign. It goes by the name of Late Goal Insurance and the name says it all, because the bookmaker will refund the losing wagers that are caused by a late goal. It happens way too often for one of the teams to score with five minutes left in the game and regardless of who found his way to the net, sometimes people end up losing cash. The terms of this promotion couldn't be more straightforward, because any goals scored after the 85th minute, will not affect your betting slip. Those who happen to lose a bet or an accumulator wager as a result of such goal, will have the amount matched up to a maximum of €25. This is awarded in the form of a free bet, which means that only the profits made as a result of using it, will be traced back to the account of the eligible players. Participants are supposed to wager a minimum amount of €5 or currency equivalent and the free bets cannot exceed €25 regardless of stakes. Only those wagers placed before the match begins will count for this promotion and there are several markets that don't qualify for this campaign. All customers are entitled for single reimbursement and it is not possible to use this promotion in conjunction with other campaigns or welcome bonuses. Those who are eligible for reimbursement will have the money credited to their account in less than 48 hours after the match has concluded. This promotion will come to an end on May 30, 2015 and all players who have a real money account qualify except for those who reside in these countries: Armenia, Belarus, Bulgaria, Croatia, Georgia, Kazakhstan, Moldova, Romania, Russian Federation and Ukraine.
from
via Casinoreviews

Hey beermoneyukers!
After years working in my 9-5 job as a website developer for a large corporation I decided I could not face selling my soul any longer lols and packed in my job.
Since then, I had a stint working as a freelancer whilst also making a healthy side income via matched betting. And over the past 9 months I’ve been building a website that teaches people how to do the same.
There are a lot of websites out there that teach matched betting, but most require a monthly subscription and most have long articles that can be a bit dry and hard to follow.
So instead, I built a website, Team Profit, that:
  Is completely free
  Uses animated video guides to teach people (link)
  Has infographics to accompany all video guides
  Provides step by step guides for 25+ bookmaker offer which will make you £600+ risk free (link)
I have amended the video script over 50 times to try to make it as concise and helpful as possible, hopefully they are a good watch!
Any feedback on the videos, guides, blog or anything else, please let me know, I spend every day adding new content and improving existing content.
If you are thinking of learning matched betting and making £600+ risk free, please check it out!
www.teamprofit.com
 
MEGA FAQs GUIDE TO MATCHED BETTING
 
The video guides I posted above will teach you everything about matched betting.
However, I figure no harm in me writing down everything I know about matched betting in an FAQ style layout. Hopefully this will be useful to you.
I have tried to answer every question as concise as possible / no rambling :D
I have split the FAQs into the following sections:
 
INTRODUCTION
1) What exactly is matched betting and how I do make money risk free?
2) How popular is matched betting?
3) Does it involve gambling?
4) How much money will I need to start?
5) How much time will it take me to learn matched betting?
 
OFFERS & YOUR PROFIT
1) How much money can I make matched betting from the welcome offers (new customer only)?
2) How much is a free bet worth in actual cash profit?
3) After I have finished the Welcome Offers, how much money can I make matched betting each month from Daily Offers (existing customer offers)?
4) What type of Daily Offers are available?
 
BOOKMAKERS AND BETTING EXCHANGES
1) Which bookmakers have the best welcome offers?
2) Which bookmakers have the best offers for existing customers?
3) What is mug betting?
4) What is a betting exchange?
5) How do we use a betting exchange?
 
ADDRESSING COMMON CONCERNS
1) How sustainable is matched betting?
2) Will it impact my credit rating?
3) Do the bookmakers have terms to stop customers from withdrawing?
4) Do I need to know about sports?
 
WHICH WEBSITES TEACH MATCHED BETTING - YOUR OPTIONS
1) Where can you learn matched betting?
 
ADDITIONAL FAQS
1) Depositing and withdrawing
2) Sending identification documents
Any questions that haven’t been answered please add a comment and I’ll add the FAQ and answer.
 
INTRODUCTION
 
1) What exactly is matched betting and how I do make money risk free?
There are more than 25 online bookmakers in the UK. In order to attract new customers, they each offer free bets, known as ‘Welcome Offers’.
In total they offer over £800 in free bets to new customers.
In order to receive the free bet, bookmakers require you to place your first bet. An example offer is ‘Bet £5, Get £20 free bet’.
The risk is that you could lose both the £5 bet (your own cash) and the £20 free bet.
By using a technique called matched betting, we remove this risk.
This is because we match our first £5 bet on the bookmaker with a £5 bet on a betting exchange on the opposite outcome (this is known as a ‘lay bet’).
For example, we bet £5 on Man Utd to win on the bookmaker, and £5 on Man Utd not to win on the betting exchange.
As we have now bet on all outcomes, regardless of whether Man Utd win, draw or lose, we will neither win nor lose money. However, we have received the £20 free bet!
With the £20 free bet, we can now repeat this process by betting on say Liverpool to win on the bookmaker and Liverpool not to win.
This time, because we are using a £20 free bet but our winnings are paid out in cash, we will always make a profit.
We repeat this process for 25+ bookmakers, one by one. In total we can convert the £800+ in free bets to over £600+ in actual cash profit, in very little time at all.
 
2) How popular is matched betting?
Matched betting isn’t new and has been around since at least 2005.
However, it is only since 2015 that it has really increased in popularity due to the rise of websites teaching matched betting. You can see this trend here: Google Trends Link
By looking at the various matched betting sites popularity, a reasonable estimate is at least 25,000 people in the UK are matched betters. You can see a review of sites that teach matched betting in the ‘Which websites teach matched betting?’ section below.
 
3) Does it involving gambling?
This is the most common assumption with matched betting. You’d be forgiven for thinking that it did involve gambling simply because the name ‘matched betting’ would suggest it did.
However, matched betting does not involve gambling, you will never be risking a penny.
Because we are always covering the opposite outcome occurring, there is never any risk we will lose money. Furthermore, we still receive the free bets which we will where we make our profit.
The profitability and risk free nature of matched betting has been reviewed in the Daily Telegraph and the Guardian
 
4) How much will I need to start?
You can start with as little as you want, however the lowest I would recommend starting with would be £25.
With £25, you can start your first bookmaker welcome offer and make a deposit into your first betting exchange, meaning you can start making a profit.
For more details, see this Starting with £25 guide.
The downside, with only £25 you are restricted by having to wait for withdrawals before you can move onto the next offer.
Therefore, I would say an optimal amount to have available for your cash flow would be in the region of £200 as this allows you to complete multiple welcome offers simultaneously.
 
5) How long will it take me to learn matched betting?
To learn the principles of matched betting, it will take up to 20 minutes.
To become familiar with completing your first offer, I would set aside another 30-60 minutes so you can take your time and ensure you are completing it correctly.
For example, the video guides on Team Profit last a total of 21 minutes (8 minutes for the explainers videos and 13 minutes to watch the step-by-step real time example). Although they last just 21 minutes, some users watch certain parts of the video again to become comfortable with the process.
It is very much recommended to avoid trying to learn matched betting by yourself. There are thousands of experienced matched betters who can help you. For more details on this, see the ‘Which Websites Teach Matched Betting’ section.
If you need any help anytime, please do comment in this Reddit thread and I’ll help you out.
 
OFFERS
 
1)How much money can I make matched betting from the welcome offers (new customer only)?
From the welcome offer, you can make approximately £1,000 cash profit.
There are 25+ bookmaker offers available on sports for at least £600 profit. These are relatively straightforward offers and good value in terms of time to complete. It would take around 12 hours to complete these offers, which works around £40 / hour tax free. You can complete them over any time period you like.
There are at least another 5 bookmaker offers, such as Bet365 and BetVictor, though these require more time, you could make around £100 to £200. They require more time because the bookmaker requires you to bet many more times before you can withdraw.
Plus 20+ offers across casino and bingo, though some are not risk free and typically take more time to complete, but you should be able to make at least £200 profit from these offers.
So overall, there is an easy £600 profit risk free, then up to another £400 if it’s worth your time to do them.
 
2) How much is a free bet worth in actual cash profit?
A £10 free bet is worth between £5 to £8 in actual cash profit.
The reason for the range is because the higher odds you choose for your free bet, the more actual cash profit you will make.
For example, if you bet on a football team with odds of 2.0, the £10 free bet will convert to around £5 cash profit. Whereas if you bet on a football team that is unlikely to win, with odds of say 6.0, the £10 free bet will convert to around £8 cash profit.
Note though, the higher odds you choose, the more you will need in your betting exchange account in case the bet wins. For a detailed explanation with examples, read this free bet profit article.
 
3) After I have finished the Welcome Offers, how much money can I make matched betting each month (from existing customer offers)?
Anywhere from £100 to £1,000+ per month.
Bookmakers continue to run free bet offers to retain their customers, I refer to these as Daily Offers.
Daily Offers are typically less valuable than the welcome offers but still worth completing.
For example, rather than ‘Bet £5 Get £20’ that they offer to new customers, they may instead run ‘Bet £20 Get £10’ and on a particular football match.
I would say for people with a day job, aiming for between £300 to £500 a month is realistic. In terms of time required, for every hour you spend, you should make around £30 tax free.
So to make £300 a month, expect to spend around 2-3 hours a week. I’d say to earn more than this, you will likely need to accept a lower hourly rate and do some of the low value offers too.
If you are looking to make £1,000+, I’d expect you would have to be near full time and also be fortunate to keep your enough of your bookmaker accounts open for 12+ month period (what is mugging bet FAQ below).
 
4) What type of offers are available for existing customers?
 
Easy offers:
The most common easy offer on football matches is Bet £20 Get £10 free bet. Many bookmakers run this offer, though it will usually be on a particular football match.
The most common easy offer on horse racing is usually on SkyBet, who will run simple offers such as ‘Get £25 free bet if your horse comes 2nd or 3rd’.
There are also easy casino offers, such as ‘£5 risk free’, where you spin on slots and hope to win, if you don’t they’ll refund up to £5 of losses.
These offers can make you up to £300 per month (or £500 on a good month with European football) and are easy for those with a day job.
 
Harder offers:
If you are looking to make more than £300 to £500 a month, then you will need to spend time on Saturday’s completing horse racing offers on Channel 4 racing and during the week too, though Saturday’s are the most profitable.
Plus you will need to do more advanced offers such as football accumulator refunds, each way offers, though I will leave these aside given they could have their own separate thread :p
If you’d like to understand where you can learn more about these offers, see ‘Which sites teach matched betting?’ FAQ below.
 
BOOKMAKERS AND BETTING EXCHANGE
 
1) Which bookmakers have the best welcome offers?
 
There are 3 formats of bookmakers welcome offers.
 
‘Bet £X Get £Y free bet’ - these are the most straightforward. Simply place your first bet and receive a free bet.
This format of welcome offer, ranging from Bet £5 Get £20 to Bet £50 Get £50, is available on Coral, SkyBet, BetBright, Betfred, Paddy Power, BetStars, William Hill, Stan James, Betway, Ladbrokes, TitanBet, 32Red and MarathonBet.
 
‘Refunds’ (also known as Risk Free offers) - these are similar to Bet £X Get £Y free bet. The only difference is you only receive your free bet if your first bet loses, hence I refer to these offers are refund offers.
This format of welcome offer is, ranging from £10 to £50 refunds, is available on Bwin, Dafabet, UniBet, Totesport, 188Bet, SuperLenny, Genting and 888Sport.
 
‘Multi Bets’ - these welcome offers require multiple bets to be placed before receiving your reward. It can take form of a bonus which requires to bet £X amount until you can withdraw any winnings, or the form of a cash reward once you have bet £X amount.
This format of welcome offer is available on Bet365, BetVictor and some other bookmakers, however they often require such a large amount of betting that I haven’t included them in this list.
The quickest to complete are the Bet £X Get £Y due to their simplicity, then the next best are the ‘Refunds’ offers.
The Multi Bet offers can be very valuable (e.g. Bet£365’s offer is worth over £150 profit risk free) but can also require much larger deposits in order to place the bookmaker bets and lay these bets in your Exchange.
 
For details of each bookmaker offer, see this Welcome Offer List & Guides
 
2) Which bookmakers have the best offers for existing customers?
 
Bookmakers vary in their level of generosity to existing customers. This is a little subjective, but in my opinion, this is the ranking of bookmakers for existing customers:
 
Best: Bet365
Bet365 run a £50 Risk Free offer most months (sometimes twice a month during popular football months) which is worth £35. It is very quick to complete (less than 10 minutes) so for £35 to £70, or around £500 a year, it is a great offer.
Plus they have one of the best horse racing offers, up to a £50 risk free bet if your pick a winning horse with high odds. This is a profitable offer worth around £20-£30 a week, or up to £1,000 to £1,500 a year.
 
Second Best: SkyBet
SkyBet run regular £5 to £25 free bet offers on horse racing and football, plus regular £5 risk free offers in SkyVegas.
 
Third & Fourth Best: Coral and Paddy Power
Both these sites run regular horse racing, price boosts and football offers (Bet £20 Get £10 in particular), at least £20 to to be made on every week from these two sites.
 
Good: William Hill, Ladbrokes, BetStars, Stan James, Betway, Bwin, Betfred, Totesport, 188Bet, 888, BetVictor
All these bookmakers run offer(s) each week so it’s worth ensuring you have completed the welcome offer for each of these sites so you can take advantage of their daily offers for existing customers.
 
3) What is mug betting?
If you are only ever betting when you receive an offer, the bookmaker will no longer allow your account to receive free bet offers (this is known as being ‘gubbed’).
To get around this, you should place ‘mug’ bets. ‘Mug’ bets are simply bets that a ‘mug’ punter would place. Mug bets include £1 accumulators (betting on several teams to win) and betting on favourites without an offer.
Most advice suggests that for every offer you receive, you should place 2-3 mug bets.
If you are gubbed, it does kinda suck when you receive the email, as you can no longer profit from the bookmaker’s offers.
It is also becoming increasingly common as bookmakers are noticing more suspected matched bettors, due to its increasing popularity. My advice is to make money whilst you can and take sensible precautions to try to keep your account active.
For more details, see this Mug Betting article
 
4) What is a betting exchange?
A betting exchange is a marketplace for customers to bet between each other on the outcome of particular events. This differs from a traditional bookmaker because an exchange also gives you the ability to be the bookmaker yourself and take bets from other exchange users.
Standard bookmakers generate profit by offering odds that are in their favour. Betting exchanges explained in terms of how they generate revenue is they charge a commission on any winnings a player receives.
The two market leading betting exchanges are, Betfair and Smarkets.
For more details, Betting Exchanges Comparison.
 
5) How we use betting exchanges?
When matched betting, a betting exchange is used to place our lay bets (the opposite bet to our trigger bet). So when we place the trigger bet with the bookmaker on one outcome to release the initial free bet, we must also cover the opposite outcome so that if the bookmaker bet does lose we still win on the lay bet - making it risk free!
Similarly when we are placing the free bet bet with the bookmaker we then lay off that bet using the exchange and because we’re using a free bet but being paid out in cash, this is how we turn free bets into withdrawable cash.
We only ever use betting exchanges for lay bets.
 
ADDRESSING COMMON CONCERNS
 
1) How sustainable is matched betting?
Matched betting over the past 6-9 months has become harder. Most bookmakers have realised they are thousands of matched betters taking advantage of their offers and so have either reduced the generosity of their offers or have made the daily offers more complicated.
However, there is still intense competition between the bookmakers, meaning they will always run special offers to an extent.
By spending a few hours a week, you can still make £300 to £500 a month, whereas in past year(s) this figure could have been £500 to £800.
The biggest issue matched betters face is being ‘gubbed’. As explained in the mug betting FAQ, this is when a bookmaker restricts you from receiving free bets and bonuses.
There are various theories as to how a particular bookmaker decides to to gub a customer. Reasons include taking up too many offers, winning a high % of bets, withdrawing regularly, placing bets far in advance or at irregular times.
The truth is nobody really knows precisely why people gubbed. However, you can expect to get gubbed at some point from a particular bookmaker, it may be 2 months, it may be 2 years, it is hard to know.
I really think though that everyone can make up to £1,000 from the Welcome Offers and at least £300 to £500 a month without any problems. I think the issues comes when you are making £1,000+ every month which sooner or later bookmakers will catch up that you are taking up a lot of offers.
Having said this, some people say they have been making £1,000+ every month for years, so maybe it is possible if you are using a wide variety of bookmakers and consistently placing mug bets.
 
2) Will it impact my credit rating?
Having betting activity on your bank statement does not impact your credit rating.
The only thing to be wary of when making betting deposits and withdrawals is that it can affect your application for a mortgage. So if you’re planning on applying for a mortgage in the near future then I’d recommend using a separate bank account to that which you’ll be applying for the mortgage with.
 
3) Do the bookmakers have terms to stop customers from withdrawing?
The vast majority of welcome offers do not have any withdrawal restrictions.
A handful of welcome offers do but this will be state in the terms and conditions. It is much easier though to use a matched betting website as they will clearly highlight the key terms of each offer (see ‘Which websites teach matched betting’ section below).
Casino offers will almost always have withdrawal restrictions, however for the matched betting welcome offers we are focusing on sports betting.
 
4) Do I need to know about sports?
Not at all! You do not need a sports background or have any sort of betting knowledge, many matched betters do not know anything about sport or betting before learning matched betting.
You may learn matched betting a little faster if you have sports betting experience but it really isn't important at all.
 
WHICH WEBSITE TEACH MATCHED BETTING - YOUR OPTIONS
 
There are 30+ websites that three key stages to matched betting:
Stage 1) Learning matched betting
Stage 2) Completing the Welcome Offers (for new customers)
Stage 3) Profiting in the long term from Daily Offers (for existing customers)
Below I have tried to cover the main sites that will help you with each of these stages.
 
In summary, I may be biased :p but I think the:
Stage 1) and Stage 2) best approach is to use TeamProfit.com
Stage 3) Join a paid membership site, either OddsMonkey.com, ProfitAccumulator.co.uk or ProfitMaximiser.co.uk to continue to make money from the Daily Offers.
 
FREE SITES:
 
TeamProfit.com (link)
I really believe Team Profit is the best site to learn matched betting and complete the welcome offers, but compare us to the other sites and see what you think!
Learn matched betting with animated videos (link)
25+ Welcome Offers using the step by step guides (link)
A free Facebook group to provide help to you anytime you need (link).
 
MoneySavingExpert.com (link)
The advantage of MoneySavingExpert is the sheer volume of content, covering all aspects of matched betting.
The disadvantage of MoneySavingExpert it is not well structured as it is just one forum with a long lists of posts so it takes quite a while to find relevant threads and miss key information.
 
MatchedBettingBlog.com (link)
The advantage of MatchedBettingBlog is the clear layout of the daily offers posted each day for with step by step instructions. It’s a good site to check to avoid missing the best and easier daily offers. The forum community also helps to post additional offers on top of those listed on the homepage, and also provides general advice on completing daily offers.
The disadvantage of MatchedBettingBlog is it is relatively limited in terms of teaching matched betting and does not provide a clear list of welcome offers. Also, for those looking to make £500+ every month, it doesn’t provide any software to help with the more advanced types of matched betting with daily offers, such as horse racing refunds and accumulator refunds, that the paid member sites offer.
Additional free matched betting sites include:
Matchedbettingfree.co.uk (link) (Reddit thread link)
Freebets4all.com (link)
 
PAID SITES:
 
Paid sites usually charge £15 to £25 a month.
In return, they will teach matched betting, provide list of welcome offers and provide daily offers too. Additionally, most paid sites will also provide software that helps to make you more money plus save you time.
 
OddsMonkey.com (link | non)
OddsMonkey charge £15 per month or £150 per year.
They are the most well known provider of matched betting software. Earlier this year, they added the full range of matched betting services, so now they provide all of the below:
Tutorial articles
Welcome offer step by step guides
Daily offers calendar
Software: OddsMatcher, Horse Racing Refunds, Tennis Refunds, range of calculators and spreadsheet
Forum
The advantage of OddsMonkey is the exceptional value. They have the best range of software and tools for matched betters to maximise their profits, are consistently bringing up new tools at no added cost. At only £15 per month it is one of the best options to consider.
The only disadvantage is the forum is not as busy as the next two options, ProfitAccumulator and Profit Maximiser. Though the forum is still a sufficiently active to ensure any questions have you are answered quickly.
 
Profit Accumulator (Link - Chazmer87's I don't have one | non)
Profit Accumulator charge £23 per month or £150 per year
Profit Accumulator helped to bring matched betting to the main stream with a highly active community. There are clear similarities between OddsMonkey and Profit Accumulator in terms of their high standard of software and offers.
The advantage of Profit Accumulator is their very active community. There is a great deal of advice in virtually every aspect of matched betting and the information is all well structured. Plus they have a very good offers coverage.
The only disadvantage to Profit Accumulator is the higher cost. The membership itself is £23 per month, plus their version of the Horse Racing Refunds software is £10 per month, or £115 a year. So in total you are paying £33 per month versus OddsMonkey’s £15 per month.
 
Profit Maximiser (Link | non)
Profit Maximiser is run by the original matched betting guru Mike Cruickshank.
Mike has been building software for matched betters for many years and has a very active Facebook Group.
Each piece of software is sold separately, I believe the below is accurate, each have their own £1 free trials:
Bonus Bagging £27 plus VAT - provides a list of all welcome offers and teaching (Link | non)
Profit Maximiser £97 plus VAT - provides all daily offers (Link | non)
Each Way Sniper £47 plus VAT - provides a horse racing betting system (Link)
Accumulator Generator £149 plus VAT - provides a football betting system (Link)
I believe Mike may have a couple more tools, if so I’ll edit this post if you could please comment / send me a message.
The advantage of Mike’s products is that there is no monthly recurring fee, so if you intend to do this for many months, it may work out profitable to do so. Plus from what I understand their Facebook Group finds some lucrative casino loophole offers faster than other matched betting providers.
The disadvantage of Mike’s products is that you have to buy each product separately rather than having it all within one simple account. Additionally, the total cost if you were to buy all 4 above listed products is £320 + VAT (total cost £384) whereas you could receive all these tools for £15 per month from Oddsmonkey. Having said that, Mike’s products do come with a £1 free trial, just be careful to cancel before the trial ends if you don’t want to continue.
Additional free matched betting sites include: Yes Bets link
Pure Profit link
 
ADDITIONAL
 
1) Depositing and withdrawing
To ensure you qualify for the Welcome Offer, use a bank card to deposit into your newly set up bookmaker account. Most sites will allow Paypal too though check the terms and conditions.
If you use Skrill or Neteller, typically you will not qualify for the Welcome Offer (bookmakers have this rule to prevent fraud) but you can check the terms and conditions.
Withdrawing is easy, you should receive your funds within 1-3 working days depending on the bookmaker.
 
2) Sending identification documents
Occasionally, bookmakers may require to send in identification documents (passport or drivers licence for example) and a copy of your bank card. This is to prevent fraud. This usually happens if you are not listed on the Electoral Roll or there is a difference between your home address and billing address. Simply take a photo of the documents they ask for and email them back.
 
THAT COMPLETES THE MEGA FAQ GUIDE TO MATCHED BETTING!
 
If you have any questions, comments or suggestions, please do post a comment thanks!