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doz1990

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I've heard of Matched Betting.. is it hard to understand and can you lose any money you bet with that is your own money?

How much do you need to start with? I am on JPJ and wager £2 per week to get free spins.

Thanks

Dorit
 

ted

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I would recommend taking a free trial at either Oddsmonkey or Profit Accumulator.

Its hard to understand in the beginning but with minimal research gets easier. Just start slow and it comes.

Re. losing money. You can but it depends on the risk you are willing to take. If you don't want to take risks, stick to guaranteed profit offers.
 

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doz1990

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I would recommend taking a free trial at either Oddsmonkey or Profit Accumulator.

Its hard to understand in the beginning but with minimal research gets easier. Just start slow and it comes.

Re. losing money. You can but it depends on the risk you are willing to take. If you don't want to take risks, stick to guaranteed profit offers.
I'd rather not take risks no. Cool if I take the free trial does it teach me what to do? How much do you need to start with?
 

ted

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I'd rather not take risks no. Cool if I take the free trial does it teach me what to do? How much do you need to start with?
Yep, those 2 sites teach you the basics. Videos, options of 1 on 1 chats with experts etc. The more money you can start with the more you can be doing. But honestly I'd start off with 50 -100 and do 1 offer at a time in the beginning
 

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That is amazing Jon :) do you make a weekly income and does it take up a lot of your time?
Just takes a few minutes a day. Maybe a bit longer on a Saturday due to the sheer amount of sport on :)
 

doz1990

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Sounds good. For those sites I don't need to enter my card details for the trials do I? Do you sign up to quite a few online sites like Coral etc to get free money extra to use to place the bets?
 

Jon

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Sounds good. For those sites I don't need to enter my card details for the trials do I? Do you sign up to quite a few online sites like Coral etc to get free money extra to use to place the bets?
You put your card details into the bookie sites yes
 

doz1990

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No I mean on say Profit Accumulator for the free trials
 

Jon

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No I mean on say Profit Accumulator for the free trials
From memory I think you may put your PayPal details in but that’s it
 

doz1990

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Okay great :) should I start with Profit or Odds? Which is easier?
 

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Okay great :) should I start with Profit or Odds? Which is easier?
They are much of a muchness and both offer £1 trials to give them a go and then make a decision :)
 

doz1990

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Cool my friend is with OddsMonkey so may try that :) Is £50 enough to start?
 

doz1990

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What do Odds mean say like Back 4.5 Lay 4.4? Good to get Back and Lay numbers as close as possible?
 

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What do Odds mean say like Back 4.5 Lay 4.4? Good to get Back and Lay numbers as close as possible?
Odds are numbers that represent the chance of an outcome happening.
With matched betting you are BACKING and LAYING a selection to cover all outcomes.

Backing at 4.40 means that you are betting for the outcome to occur at the bookmaker (I.e. Team A to win, horse X to win).

Laying at 4.50 is betting against the outcome to happen at the betting exchange.

Yes, you want the back and lay odds as close as possible to maximise profit.
 

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