Matched betting is a risk free form of gambling, though it isn’t actually gambling at all because we are never at risk of losing. Sounds too good to be true right? Well there is a little more to it than that. This isn’t some dodgy tipping scheme that claims to be able to predict the future. With matched betting the result of the bet doesn’t really matter as we have bet on all outcomes meaning we can’t lose! Ok so we can’t win doing that either but let me explain a little more.

Bookmakers will hand out free bet bonuses to their customers every day, but in order to get those bonuses you need to bet with them. Now as we want to make money and not risk losing it we are going to place those bets but then lay them off at a betting exchange. This is the essence of matched betting. By using a betting exchange like Betfair we can bet on the opposite side of a result and cover all outcomes with just 2 bets. 1 at the bookie and 1 at the exchange.

After that bet is complete we will have unlocked our free bet. Now we can make some money. By backing and laying this free bet we can guarantee ourselves a profit. All we need to know is how to do that. The maths involved is a little tricky unless you are a subscriber at OddsMonkey. They do all the working out for you, all you have to do is go and place the bets for the amount their software tells you and you will be in the money. You can usually unlock around 80% of the value of a free bet so for a £25 free bet you are walking away with £20 profit. Pretty good right. Now imagine doing this 2 or 3 times a day every day of the month. You can see how that will add up to a serious around of money.

That is why matched betting is so popular. It’s easy tax free cash that anyone can get involved with. All you need to do is sign up with oddsmonkey to get started.

I honestly can’t recommend this service more highly, it really is one of the best websites on the internet to make money. There is no ifs or buts about it either, you will make money if you follow the instructions. There are step by step guides and videos so it really is very easy. Don’t think about it just jump in to their free trial and get started making money. There is another service that is similar called profit accumulator but there service is not as good in my opinion so stick with the monkeys!

Check out how their software is integrated with Betfair as well. Makes matched betting so easy!