One thing i have learned over the past 17 months of match betting is that you have to constantly adapt the way you make money. At the beginning it’s all about the signup offers such as deposit £30 and get a £30 free bet. To be honest they were the easy days as you could clearly see where your income was going to come from and also know for sure that if you bet £30 with a £1 qualifying loss that was ok because you would ensure a profit of at least £24 from the free bet that was coming. So once you have finished the majority of sign up match betting offers – whats next?
Something i have started this month, and in hindsight i should have started sooner is accumulator bets. They are tricker to get your head round compared to the standard back and lay bet. However, the benefit of accumulator bets is that they are there at all times. For example WIlliam Hill have an amazing accumulator bet offer. Bet £50 on at least 5 matches as an accumulator bet and if one leg fails to win you will receive a £50 free bet. Now the way we make money out of this is quite simple and in a nutshell goes like this:
- You find 5 legs all with close back and lay odds (now they may move over time but that’s just part of the process)
- The matches have to be sequential, so one has to finish after the other (this is because the lay of the next match is in relation to the outcome of the one before it)
- Once you have your 5 sequential bets you then lay off the first one and wait for the result
- You then keep laying your bet until one loses (key thing to note here si that you need a spreadsheet with the correct formula in order to get the right lay
- Because of the guaranteed benefit of the free bet if one leg loses you then have ensured a profit
Typically with an accumulator bet you will make around £10 for a £50 bet. It’s probably advisable that you don’t just straight into £50 bets though. You may want to work your way up.
For February i have made £414.05 in total. This equates to an average of £13.80 per day over 133 betting transactions. This means in February i have made £3.11 per bet. Considering a bet takes 5 minutes these days, i’m pretty happy with that.
Next month is Cheltenham Festival which is like Christmas time for match betting. My aim for March is to make around £1000 and hit as many horse related offers as possible.
I have updated my monthly match betting results. Click here to see more details about my match betting profits since i started.