Being ‘gubbed’ in matched betting: Everything you need to know about account restrictions
As you work your way through the offers given out by the majority of UK bookmakers, you’ll quickly discover that they really don’t like losing. And betting account restrictions are popular. As a matched bettor, you’re not their favourite type of person. Why? Because you’re using their free bets against them (or, at least, that’s what they think).
Bookies are used to being the only winners and when that’s not the case, they take steps to turn things back in their favour…The most extreme action they can take, is to close your account and ban you from placing bets. If this happens, your account is useless and you’ve unfortunately lost one of your money-making avenues. Other – less final – steps bookies often take include limiting the size of the bet you can place (your stake) or banning you from taking part in promotions.
What are betting account restrictions?
And what does a restricted account mean for your matched betting activity? A restricted account can make it harder for you to reach your target profits as you’ll either only be able to stake small amounts or you’ll no longer receive any freebies at all. This can be a major roadblock for matched betting, as free bets are our main source of income.
However, don’t worry if you have restricted accounts: there are still ways to do matched betting without free bets.
Why do betting account restrictions happen?
There are lots of theories about how bookmakers make the decision to restrict accounts. Let’s take a look at one: when you sign up to a bookie, you’re given a rating between 0 and 100 (0 meaning you have no chance of being gubbed and 100 meaning you’re banned from promotional offers). Based on your betting activity, this rating can go up and down. Although once it reaches the top, there’s no going back.
Bookmakers employ traders to look for patterns of behaviour which DON’T follow those of the ‘normal punter’. If they decide that’s you, they’ll notify the bookmaker, who’ll make a decision. Unfortunately, the bookmaker’s decision is usually final, so it’s best to try and look after your accounts from the off.
What does it mean to be ‘gubbed’?
If you’re a member of a matched betting forum, like OddsMonkey’s Community, you might see the word ‘gubbed’ flying around. Sounds painful…but what does it mean? This is just another way of saying ‘restricted’ or ‘limited’.
Gubbings are placed on sports betting accounts. This means that you’ll normally still be able to take part in casino games and bingo offers with that same bookmaker. Betting exchanges, like Betfair and Smarkets, rarely gub – although it’s worth keeping an eye on your Betfair Sportsbook account.
How will I know I’ve been restricted?
Sometimes you won’t know anything’s changed until you go to put a bet on and find out that you can’t. Confirm via live chat, if you’re in any doubt.
Usually though, you’ll receive an email, telling you that you’ll no longer be able to take part in promotions or offers. Spoil sports! The content of the email will vary from bookie to bookie.
It’s important to note that if your account has been restricted, you should be able to withdraw any funds you have in there. Your money should not be in danger.
There have been a couple of instances where lesser-known bookies have folded and customers have lost money. This is why it’s super important to research a bookmaker and make sure you’re comfortable depositing with them before you do.
Is there anything I can do to lift the restrictions?
Unfortunately, there isn’t a great deal you can do if you are gubbed, other than take it on the chin. There’ve been a few times where people have logged into their account, months after receiving their ban, and the account has been “ungubbed”. But this is extremely rare and not something you should bet on. Pardon the pun…
Remember, you’re usually still eligible for all other bonuses from the bookmaker. It’s normally just the sportsbook side of things.
Top tips to avoid being gubbed
Stick to what you know
Stick to well-known or high-profile events. Premier League, Champions League, Masters Golf, Grand National. (Remember – that obscure Russian 2nd Division football match with the team’s whose names you can’t pronounce may just catch the bookmaker’s eye.
Try mug betting
Where matched betting relies on bookies’ promotional offers, mug betting doesn’t. Instead, mug bets are made on selections without using free bets or bonus. However, the matched betting process is still used, so back and lay bets are still placed. The aim is to imitate a regular bettor and their betting pattern.
Mug bets are placed at low odds or on selections where the back odds are closely matched to the lay price at the betting exchange. Another example of mug betting is backing and laying a particular football team to win every time they play. This makes it look like you’re betting on your team. Remember: always lay a mug bet off.
You stand to make a small loss by doing this, but you’ll be making your account look more like that of a mug punter, which is really who the bookies want as customers.
Change things up
Don’t always bet the lowest qualifying amount. Notorious gubber, BetVictor, offers a ‘£30 free bet when you place your first £10 bet’. As matched bettors, we’d usually deposit and bet £10 to get our £30 free bet. However, information suggests this could spark a trigger with this particular bookmaker. By depositing and betting a different amount – maybe £20 or £30 – we might be able to stay under the radar and keep our account from suspicion.
Timing is everything
Try and place your qualifying bets on the day of the offer, ideally just before the event starts. This helps give the impression that you’ve just found the offer and it wasn’t on a ‘to do’ list.
Put yourself about a bit
Use other parts of the bookmaker’s site. A few spins in a casino or playing bingo using a small amount of your profit will go a long way to convincing them you are a genuine customer.
Don’t bet odd amounts
If you’re dutching and the stake is £28.56, round it to the nearest pound or even the nearest £5 to be safe. This isn’t necessary on the betting exchanges but can stand out at the bookmakers.
Don't Withdraw Funds
If you don’t need to withdraw funds, just leave the money in the bookie account. This is obviously based upon personal circumstances, but withdrawing sometimes draws attention, putting your activity under scrutiny.
Always think, ‘what would a bookmaker think of this bet’? For instance, always betting on the closest match might draw attention to a betting pattern. Maybe look for a match lower down on the OddsMatcher at times.
Be aware though, that no matter what theories you believe or advice you choose to follow, there’ll be times when it looks like you’ve been gubbed for no reason at all. The truth is, some bookies seem to restrict accounts without there being an obvious or plausible explanation. Current examples of bookmakers that can be extremely quick to hit with the gubbing stick are Stan James and Boylesports.
Remember: even if you’re super careful, you might still see your accounts restricted. Sometimes, there’s no rhyme nor reason to gubbings.
What is Matched Betting?
Matched betting is a low risk form of gambling, typically on sporting events. This is also commonly referred to as ‘bonus hunting’. By using free bets and other promotions, matched bettors guarantee profits by having all outcomes of a match or an event covered.
Whilst people think that free bets are in limited supply, with no-risk matched betting you can ensure they keep coming in day after day.
“It is a betting technique used by individuals to profit from free bets and other incentives offered by bookmakers. It is generally considered risk-free as it is based on the application of a mathematical equation rather than chance.” – Wikipedia.
The definition above makes things seem a little complicated, so let’s try and describe it in a way that you can easily understand:
How Matched Betting Works
There are some finer details that you’ll need to learn in order to achieve even greater long-term profits, keep reading for those tips, but the main bulk of what you will need to learn is this:
The ‘Back’ Bet
The back bet is the most traditional form of bet, essentially you’re saying “I think this will win”.
If your team, horse, or whatever else you bet on wins, then you’ll win your bet and the profit along with it.
The ‘Lay’ Bet
The lay bet is something made popular with the rise of online betting exchanges such as Betfair.
This is the exact opposite to a back bet, where you are now saying “I don’t think this will win”.
If the team that you bet on don’t win the match, you win your lay bet.
And yes, if the result is a draw, that means your lay bet also wins (because they didn’t win the match).
Laying Back and Making Money
Matched betting works by using lay bets to cancel out any risk that a back bet poses.
You back and lay against the same result in order to remove all risk. You cannot lose your bet because you have every outcome covered.
This part isn’t where you make your money though:
You will go on to make a profit from a bookmaker’s free bet.
Your first bet is known as a ‘qualifying’ bet — it is what qualifies you to earn a free bet.
Once you have this free bet from the bookmaker, you can guarantee profits by covering all outcomes again with the same back and lay method.
This removes all risk and guarantees you an easy profit, regardless of the result of any sporting event.
And no, the free bets don’t stop coming once you’ve completed all of the sign-up offers.
With matched betting, you’ll find ways to constantly keep earning the free bets that will become your bread and butter income.
Keep reading for a real match betting example a little later in this post!
Rise in Demand
Matched betting is not necessarily a new thing, but demand in recent times has well-and-truly gone through the roof, with no signs of slowing down.
There are now over 12,500 people searching for the term “matched betting” in Google, in the UK, every single month.
So, despite being around for a good number of years, why has it soared in popularity so suddenly?
There are a few simple reasons for this:
Firstly, there is the rise in competition between bookmakers.
These bookmakers such as William Hill, Bet365, Paddy Power and many more run promotions in order to try to attract both new and repeat business.
These promotions prove to be profitable for them, so they’re constantly adding more and more to their sites each month.
Promotions are easily exploited for guaranteed profits with the tactics matched bettors use, as seen in the example later in this post.
The more promotions there are, the easier matched betting becomes.
More People ‘In-The-Know’
The majority of people are skeptical when they first hear of matched betting.
It’s easy to understand why — everyone that does it was skeptical once.
Let’s be honest, I know it sounds like a scam!
Thanks to an increase in sites and services becoming available, many are learning the power of it the easy (and cheap) way.
As more and more people try it out, more people learn how profitable it is and go on to tell their friends and family about it, spreading the word at rapid rates.
This helps more people to become educated about the process and its legitimacy via word of mouth.
I bet you wish you had a friend or family member to vouch for it before you jump into it, right?
If you sign up today, I guarantee you’ll be the one vouching for it in a week’s time.
If you are wanting to try it out but you’re having doubts, you can get a free trial of ProfitAccumulator by signing up through this link. You’ll make up to £45 profit, which can be earned in a matter of hours.
There are currently tens of thousands of people in the UK matched betting in order to get themselves a better life, free from debt and enjoying treats that wouldn’t otherwise have been affordable.
Matched betting has been quite a well kept secret when you consider the amount of money that can be made doing it.
However, there’s no need for it to seem like some sort of shady underground operation.
It is is entirely legal.
In fact, a spokesman for William Hill has even said in the past that the gambling industry is happy for people to do it:
“There’s no illegal element [to matched betting]. It’s a free bet and you can do what you like.”
Unlike regular gambling, there’s a reason this thing is also known as ‘no-risk betting’.
You may have been brought up to believe there’s no such thing as a “dead cert” when gambling or betting — we all were!
However, with matched betting everything really is virtually guaranteed.
Because it doesn’t matter which team wins or loses, or which horse crosses the finishing line first.
Matched bettors make a profit regardless of the outcome of any sporting event.
In an era of government spending cuts, guaranteed extra income of thousands of pounds each year cannot be sniffed at.
The only risks are human error, so ensure you follow instructions and double check your stakes at all times, and gubbings.
Ease of Access
Who wouldn’t want to earn £1,000+ extra each month from the comfort of their own homes?
All you need is access to the internet and you’re away.
It’s this reason alone that matched betting is extremely popular with students, many of whom are paying off their entire student loan debts before they even leave university.
It’s also a booming industry for mothers of newborns; whilst the babies are in bed, mummy can earn enough to pay for nappies, food and put some money away for University fees!
That’s probably music to many of your ears; match betting is completely tax-free.
This is because it falls under the category of ‘gambling’, and even though there is very little risk involved it still classes as being 100% free from tax.
How Much Money Do You Need to Start Matched Betting?
Matched betting works best when you are able to invest in completing multiple offers at once.
This comes once you have built up your bankroll.
However, the vast majority of people don’t have a lot of money set aside for such investments, and therefore tend to start with a very small budget of £100-£200.
The smallest figure you can probably start with is £80, but I really would recommend trying to have at least £100.
This level of budget allows you to complete one or two offers at a time, and you can easily turn this into a £10,000 bankroll in a few months time just like many others (including us) have done before you.
Personally, I was confident in my finances and had become convinced of the method, so I started off with about £400, before investing a little more (from my overdraft — although I wouldn’t recommend that!) once I realised how much I could earn.
What’s the Risk with Matched Betting?
It may seem too good to be true, but there is absolutely no risk involved in matched betting when done correctly.
There are a couple of things you need to be careful of, however:
Firstly, ensure that you follow instructions and enter the stakes that the calculator tells you to bet carefully.
Small mistakes can happen quite frequently when starting out and they’re never usually too costly, but always keep an eye out and triple check everything is as it should be.
Secondly, and this is the biggest drawback, bookmakers can remove your access to promotions and free bets if you’re seen to abusing bonuses.
To ensure you don’t abuse the promotions too hard, refrain from betting on too many offers in a short space of time with the same bookmaker.
Also, place some regular-looking bets too known as ‘mug bets’, which you can of course also lay off at a — but they won’t qualify for offers.
Looking like a mug punter to a bookmaker is essential for long-term profits.
How to Do Matched Betting
Matched betting seems scary and difficult at first, but it really, really isn’t.
It’s becoming the go-to choice of stay-at-home mums to earn a living online — how hard can it be if these ladies can do it whilst juggling all of the challenges that come with parenting newborns.
With just one or two days of getting into the swing of things you could be well on your way to that super-sweet risk-free betting profit.
Real-World Matched Betting Example
FAKE-BOOKMAKER.com, who we’ve invented for the purpose of this post, are promising you a £25 free bet if you deposit and place a bet of the same £25 stake with their site.
You sign up, deposit the £25, and bet on Manchester United to win at odds of EVENS, or 2.0 (as matched bettors always use decimal odds).
You then go onto Betfair, and LAY Manchester United (that’s betting on Manchester United to NOT WIN) also at 2.0, for £25 liability (a fancy word for the money you can lose if the result goes against you).
The possible outcomes from the game are as follows:
If Manchester United win, you’ll win £25 profit on FAKE-BOOKMAKER and lose £25 on Betfair.
If Manchester United draw or lose, you’ll lose £25 on FAKE-BOOKMAKER but win £25 profit on Betfair.
Either way, you break even.
You will now be credited with a free bet from FAKE-BOOKMAKER worth £25.
You decide to place this bet on Watford to win at odds of 4.0 (that’s 3/1). This means you can win £75 from nothing, as the bet was free.
You then use a matched betting calculator choosing ‘Stake Not Returned (SNR)’, putting in your free bet stake of £25 as well as your odds, and calculate the stake you need to LAY against Watford.
Again, this may seem complicated but it’s extremely straightforward once you’ve done it two or three times.
The lay odds on Betfair are also 4.0, and the calculator tells you to lay £19 against Watford. The liability on this bet (that’s the money you can lose if Watford win) is £57.
If Watford WIN, you’ll win £75 on FAKE-BOOKMAKER but lose £57 on Betfair, meaning you’ve made an overall profit from both bets of £18.
If Watford draw or lose, you’ll fail to win with your free bet on FAKE-BOOKMAKER, but you’ll win your lay of £19 on Betfair.
Betfair take 5% commission, so you’ll have won £18.05 on this result after commission is taken from your £19 lay.
It doesn’t matter what the result is of the Manchester United game, you’ve broken even — or will have lost a few pence after commission.
It doesn’t matter what the result is of the Watford game, you’ve made £18 profit or slightly more.
The result of either game doesn’t matter, the profit is guaranteed.
Now, we’ve picked these games and odds at random for the purpose of this example, but when you’re signed up to a matched betting site you will be able to use their software to find matches with the best odds for you.
Whilst £18 profit may not sound like much (or maybe it does!) you can repeat this multiple times every day once you have built up your bankroll a bit — which doesn’t take long at all.
The Next Step
The next stage of this is to do it for real and earn yourself your first matched betting profits!
Scared to make the jump?
I know exactly how you feel — I was there once myself.
I felt a mixture of confusion and apprehension before starting, but it’s well worth it.
And you can start almost for free…
Sign up for ProfitAccumulator's free trial
With this, you’ll never have to pay if you don’t want to — no awkward cancelling after a certain amount of days or anything like that.
You’ll have limited access to the site, but you’ll get a couple of offers that will enable you to earn up to £45 virtually risk-free profit whilst trying out their tools.
These offers include video tutorials and written guides that will help you get your offers done — you’ll learn how to do matched betting in a matter of minutes with these!
You’ll also get some customer support for if you get stuck with anything.
Personally, I went straight in for the platinum option and did three offers on my first day.
These three offers paid for not just the one month but for over three months worth of membership!
In my first month of matching my bets — despite having never learnt about it previously — I made enough profit for over seven years worth of membership.
Although I can think of some better ways to spend £1,000+ profit!
The second step is to work your way through the sign-up offers on the site.
All of these offers are written in extreme detail, meaning it’s almost impossible for you to go wrong as long as you’re following them carefully.
There are a small number of offers listed on the free trial, and then significantly more (usually 50+) on the premium version.
Many people worry that because they’ve already signed up to several bookmakers, they won’t be able to do matched betting…
This is absolutely NOT the case!
You CAN do matched betting even if you’re already signed up to bookies. In fact, it will help prevent you from being gubbed as you have historic account health through mug bets.
For starters, there are over 40 different bookmakers (and counting) to complete sign-up offers on.
For most people, these will be worth around £1,500 profit alone.
After you’ve completed the sign-up offers – which depending on your initial investment can take a bit of time — you can move onto reload offers.
It’s these reload offers that allow us, even those that think they’re signed up to all bookmakers already (which is unlikely), to be able to make consistent long-term profits.
It’s how all of us experienced matched bettors make our risk-free income every single day.
With these three steps, you’ll be able to learn how to do matched betting in no time.
I’m talking literally a few days at most.
When I was being told about all of this, I couldn’t get my head around it at all.
However, once I started placing the bets for myself and tracking the profit, everything fell into place straight away.
It’s been exactly the same for everyone else I’ve introduced to the technique, and I’m sure it will be the same for you too. Just get stuck in and you everything will start to become clear.
If you have any concerns or questions at all, simply get in touch with me via the contact page.
Profit Accumulator is a matched betting service based in London and Nottingham. They teach their members the concept of matched betting, and provide them with the tools, offers, and support needed to make a regular second income from home.
The Profit Accumulator membership includes access to all the training, sign-up offers, reload offers, calculator, tools, dedicated support team, and the thriving community forum of fellow matched bettors.
For those of you looking for an honest review, look no further. This is my honest and detailed Profit Accumulator review.
Overview of Profit Accumulator
Profit Accumulator was established in 2014 and since then has blazed a trail for matched betting as an industry. They're the UK's leading matched betting service.
In the short space of a few years, they have moved matched betting from a little-known practice to a recognised, legitimate way of earning extra income from home in your own time.
They provide all the training, tools, support and community in exchange for a very reasonable membership fee. They have more than 100,000 active paying members since they started.
How It Works
Profit Accumulator involves unlocking the value in the the free bet offers that bookmakers, casino sites & bingo sites offer their members. It’s tax free (due to it technically being gambling winnings) and if you follow the instructions carefully, you will definitely make a profit.
Once registered and logged in you are shown a list of offers to complete. Each offer will earn you a certain amount of money. They’re split up into beginner, advanced and ongoing. This allows you to be trained along the way and never do anything outside of your comfort zone.
Each offer has written instructions and a video tutorial to guide you along the way. There’s a list that picks out horse races and football matches for you to bet on, and a calculator that tells you exactly how much you need to bet.
It DOES NOT involve gambling as the instructions, bet finder, and calculator are there to eliminate any risk and make this an easy method of making money. Gambling is when you are relying on the element of chance, in matched betting there is no chance involved.
You have to place bets, but it is not gambling.
Readers of this website can try before they buy > CLICK HERE TO REGISTER FOR THE FREE TRIAL.
I was a little sceptical before I joined, so I decided to sign up for the free trial. Within a day I’d made £36 from the free trial which was enough to pay for two months membership. I loved how easy it was and couldn’t wait to make more money from it.
Is It All Just a Scam?
Profit Accumulator is not a scam. It is a legitimate website that has been established since 2014. With over 100,000 paying members have joined in that time, making it the largest matched betting community on the Internet.
I have been interested in making money online since I was like 13 and I was more than used to seeing these books, systems, and memberships that promise to make you a millionaire overnight. They usually have fake images of expensive cars and mansions and promise you the world. This is not a con like other things you have seen in the past.
PA seemed a whole lot more genuine when I first came across it, compared to other matched betting and money making websites.
A Legitimate Business
• PA offers you a free trial to let you test the water. Any scam site wouldn’t let you register for free, as you’d probably see through it and never come back. If you dont believe the system works, you can literally try it for yourself for free.
• PA offer a 30-day money back guarantee. So even if you pay, and later decide it isn’t for you, you’re totally welcome to get your money back. Whatever the reason, they are happy to refund anyone who wants their money back, no questions asked.
• If this hasn’t convinced you enough, keep reading and look at some of the screenshots I’ve attached. They’re victory screenshots of my account balances or big, risk-free wins that I’ve made along the way. Not only is PA genuine, it’s fun and exciting when you get about 6 weeks in and start making the big money!
Is It Easy To Learn and Understand?
Profit Accumulator offers simple-to-understand written, video & audio tutorials on how to complete offers. The instructions are detailed and contain all the information that a user will need. Any further questions are quickly answered via the support channels or in the relevant section of the forum.
The member’s area is laid out in a step-by-step list. Each list item contains either a training article or an offer. An offer contains detailed instructions and a video tutorial on exactly which website to visit and how to extract the free money from it.
They explain the process, show you how to use the calculator, how to place the bet, and how much money you should expect to make.
Its very simple and easy to understand, even for beginners that have never placed a bet before.
Is PA Illegal?
Of course not! The use of Profit Accumulator is completely legal and tax-free. PA teaches you the concept of MB, something which has been around for years.
A source at William Hill has said they have absolutely no problem with people matched betting. The reality is, they can’t really do much about it.
Popular news outfits such as The Guardian, The Times, Martin Lewis’ Money Saving Expert, The Huffington Post have all covered the subject and recommend it as a nice little money maker.
Will It Work For Me?
Anybody over the age of 18 can use Profit Accumulator. It has no limitations or restrictions upon gender, occupation or income.
PA is perfect for anyone, whatever your age, gender or daily schedule. Whether you’re a student with a need of some money or a working professional who only has an hour to spare in the evening, you’ll definitely have time to make a second income from the comfort of your own home.
Just from joining the Facebook group you can see the huge diversity in its members. Its very popular amongst groups of stay at home mums, self-employed people that work at home and people doing shift work.
Whatever your situation, its 100% possible for you to start making nice extra money each month from it.
Sign Up Offers
The free trial and platinum membership begin by teaching you the signup offers. This involves signing up to the bookmaker websites and using their promotional offers such as “Bet £10, get £30” to turn their free bets into withdrawable cash.
You can begin with these offers with around £50 to start with. The early offers are very profitable so your initial £50 will soon be close to £150 in a matter of days if you stick with it.
They are REALLY easy to do and teach you the basics of MB. This concept alone is what will be used to make over £1000 profit within your first few weeks. The only thing that’ll hold you back is waiting for the bookmakers to pay the money back into your bank account! The majority use Paypal which is really quick, though, so it’s rarely an issue.
This can be used as a good guideline to help a user achieve the £1,000 monthly profit figure from low-risk reloads alone.
These offers are what the bookmakers use to keep their customers active and spending money. There’s a huge range of offers that cover sports betting, arcade games and bingo.
An example reload offer might be to bet £30 on the FA cup final and get a free £30 bet on the champions league final. I personally did this reload offer and made £24 from it. It took me around ten minutes.
People often ask if you can make money once all the signup offers are done, or if they already have accounts with the major bookmakers. Yes is the simple answer.
Bookmakers NEED people to keep betting and to achieve this they literally keep throwing offers out to you. Profit Accumulator shows you how to make money from each of these offers.
They’re updated in both the member’s area and the forum throughout the day. All the instructions, advice, and tips from other members is guaranteed to make you a regular stream of money throughout your MB journey!
ProfitAccumulator have developed their own odds-searching software that comes with a range of features to assist bettors of all experience levels.
If you are totally new to this and are unsure what an oddsmatcher is, it’s the tool you will use most in the world of matched betting. It is how we find what to bet on; we don’t pick bets at random, we allow software to find us the best selections based on maths.
The original version had its limitations, but it’s now developed into a tool that has enough features to get all matched bettors debating which company has the better oddsmatcher.
The oddsmatching software includes a range of different markets within football, horse racing, tennis, American football, baseball, basketball and rugby.
It is useful because instead of needing to manually find odds on bookmaker websites for you to place your bet on, you simply choose the bookmaker within the oddsmatcher and the odds you’re looking for – the odds that are recommended in each guide that you’re following.
It looks a lot more confusing than it actually is – after a day of training, things will make much more sense.
The oddsmatcher can also be used even for arbitrage bets.
Within the oddsmatcher you’re able to click on the odds and place your bet without ever needing to put any real effort in – their calculator is even built in to the software and does the calculations for you right there and then.
The main stand-out feature this tool possesses versus its competition is the fact it auto-refreshes.
One of the most off-putting things for beginners is wondering how much they need to bet on each outcome in order to make a profit.
Well, Profit Accumulator’s matched betting calculator is extremely simple to use.
You just put your odds in from the bookmaker and betting exchange, put the stake of your bet or the free bet, and it will tell you exactly how much you need to lay off and what your profit will be – regardless of the outcome of the event you’re betting on!
You will be taught how to use the calculator within the beginner guides, so if any of this seems confusing and you’re a beginner – don’t worry.
We of course have our own free lay calculator right here on the site too, if you need one to bookmark.
There are a variety of other calculators, too, for as you progress through to a more advanced level.
One of the most popular calculators is the 2-up lock-in calculator, for making use of the popular 2-up offer.
The Profit Accumulator Match Catcher is one step ahead of their oddsmatcher – providing more up-to-date odds solely for horse racing special offers.
It updates in real-time, and specialises in finding odds on horses that are only featured in offer races.
On Saturdays and during big horse racing events like the Grand National and the Gold Cup, the Match Catcher can be a Godsend.
This tool is set up each day to only include races that have promotions on them, and to only include the bookmakers that are running said promotions for each race.
One of the most useful aspects of this tool is that, once you’ve completed the offers on a certain race, you can remove that race from the filter. If you don’t have access to a certain bookmaker, you can remove them from the filter entirely.
It should save you a lot of time every time you use it, helping to further improve your matched betting ROI in terms of both time and money.
The ‘Acca Catcher’ will help you to complete make a profit from accumulators.
Accumulator offers are for slightly more experienced matched bettors (so don’t worry about them when first signing up) and our Acca Catcher review would be that it really is useful for completing accumulators and also staying on top of them.
Within the Acca Catcher, you have two different options to profit from accumulators; regular or lay all.
The two options give people a choice depending on their tolerance for risk.
With the ‘regular’ option, you select multiple games and ensure none of them overlap. You then lay each leg one-by-one depending on the result. With ‘lay all’ accas, you – as the name suggests – lay all of the games up front.
Because they are +EV, or positive expected value, it means that users should profit from their selected accumulators.
However, accumulators can be confusing for new matched bettors.
We advise you stick to learning the basic offers before moving on to more advanced techniques like this.
Many people are often on the lookout for a matched betting spreadsheet to help them track bets and profits.
Whilst a spreadsheet is something we use here at Beating Betting, many people prefer the ease and speed of profit trackers; something that Profit Accumulator has on their site.
This allows you to track your bets, profits, and notes all in one place. Because it’s online, it means you can access your bet details whilst you’re out and about.
It also has a useful ‘balance sheet’ feature for tracking your bankroll, bookmaker deposits and pending withdrawals:
Once you have joined ten (or more) bookmakers, it can become difficult to keep track of where your money is if you’re not organised.
The balance sheet is one of the most simple features of the site – but it’s one that had been missing from the industry for too long.
Matched Betting Forum
Profit Accumulator contains a discussion forum where users can get quick answers to their questions, a list of daily reload offers and general tips and advice.
When PA first began, there was only a few hundred members. They just used a Facebook group to handle chat, questions and the posting of offers. It soon became obvious that there’d need to be a dedicated forum to handle the amount of questions, and to start building a more permanent structure to educate future members.
• The forum is lightening fast and updates itself when people post replies to your questions.
• There’s a live feed of current discussions and a well thought out, logical structure – that makes finding answers to your questions very easy.
• You can upvote the most useful comments so future guests will never miss the best answer to a question.
• It’s categorised so you know exactly where to find new offers, existing offers and advanced tips and tricks.
• You can enable desktop notifications – allowing you to get constant updates when new threads and replies are posted.
• There’s an app called Catapush which PA have hooked into the forum, so you can forum notifications directly to your phone for free
The forum brings the whole MB community together. Everyone helps you profit, stay motivated and keep you up to date with what’s going on.
We have sometimes seen a number of users gloating about betting with big stakes from time-to-time, which we think is potentially detrimental to other users and the matched betting industry as a whole.
We don’t believe things like that are a good example to be setting to beginners, especially when newcomers can often be downhearted by achieving smaller profits.
We believe that any profit is a great result!
However, these comments of people bragging can also be used as motivation for many people.
If you’re a beginner or an intermediate level matched bettor, you shouldn’t worry too much about big stakes or huge wins.
If everyone starts piling on with four-figure bets because they see one or a few users bragging about how big they bet and how much they won, we’re going to see fewer offers released and many more accounts being shut down.
We’d also see more users getting into sticky situations with large portions of their bankroll tied up in withdrawals.
Stick to the limitations of your own bankroll and bet with what you’re comfortable with.
There is some criticism of heavy moderation on the forum at times too, such as the censorship of the names of other products and services.
However, at times, certain levels of moderation is necessary to prevent certain conversations from arising that aren’t allowed to be discussed.
Customer Service & Support
As well as the forum moderators, the company’s support staff are reasonable.
They’re clued up on matched betting, but also provide good customer service whether you need to ask queries about their service or your membership via the phone or email.
Their service is usually absolutely fine, although with almost any company you’re going to have stories of unsatisfactory dealings.
ProfitAccumulator offer a full refund if you do not make your money back, so you are essentially freerolling the process.
Personally, when I first joined, I signed up for a full year to the paid ‘Platinum’ package.
My twelve-month membership cost me £150 and I was in profit after just two days, despite not understanding a thing about matched betting before I joined.
There are thousands of Profit Accumulator success stories, and these are shouted about in the various clubs they have on their forum.
They have a £1k profit club, a £3k profit club, a £10k, a £25k, a £50k and even a £100k profit club that has several members in – all from matched betting through the site!
As well as providing many success stories on a regular basis, these clubs also provide motivation for many other matched bettors.
Excellent reviews of Profit Accumulator on Trustpilot
Profit Accumulator is rated as excellent on Trustpilot and has a rating of 9.4 as you can see here
Does Profit Accumulator Actually Work?
Profit Accumulator works exactly as described. They offer a 30-day money back guarantee to any member who joins and decides they wish to cancel their subscription.
This is a question I get asked a lot. PA does work, exactly like it says it will on their website. There’s a forum full of members. They’re all making money each day, learning, teaching and sharing. If it didn’t work, they wouldn’t be there.
In my first month as a member, I was quite slow and didn’t have much time. I still made £450 in the first month, which works out at around £112.50 a week which is pretty nice for a second income. The next month I ramped things up, and have been earning a solid £850 a month since then.
Whether you’re a stay at home mum, a student with little money, someone who works 40 hours a week or even retired, PA will work for you. Even with ten minutes in the evening to spare, you could easily make £500 a month. It works, it’s simple and you owe it to yourself to at least join the free trial and make the easy £45 available.
Frequently Asked Questions
HOW MUCH MONEY DO I NEED TO START?
You can begin the free trial with around £55 – £65. You’ll make around £15 profit from the first offer and £20 from the second. If you get lucky with odds matches, you could earn up to £45! Use this profit to pay for your profit accumulator subscription.
HOW WILL I KNOW WHAT ORDER TO DO THE OFFERS IN?
Once inside the member’s area, the offers are categorised into Beginner’s and Advanced. You start with beginner’s offers and work your way through them in the order that they’re listed in. They’re put in an order that allows your profit to grow – so you’ll always have enough to re-invest into the next offer. There’s also written articles mixed in along the way to help develop your understanding of the process. It’s perfect as it means you’re not overwhelmed with too much information at once. Baby steps!
I ALREADY HAVE ACCOUNTS WITH ALL THE BOOKMAKERS, HOW CAN I MAKE MONEY?
You don’t. When I started I had a bet365, Betvictor, William Hill, Coral, and a Betfair account. There’s over 50+ signup offers with bookies you’ve probably never heard of – easily over £1500 to be made from these. This is before we even consider the 70+ casino and bingo offers that you definitely won’t have done before.
Don’t forget PA have a 30-day money-back guarantee – so if my some miracle you actually did have an account with 90% of the bookies, you could get a refund anyway. Nice one.
HOW MUCH MONEY WILL I MAKE IN A MONTH IF I START NOW WITH £200?
How long is a piece of string? This question varies with timescales and amounts – but the answer remains the same. It’s hard to give a solid answer as it depends on how many bookie accounts you already have, if you have a day job, how busy you are at the weekend, how much money you have to invest.
In general, starting with £200 and committing 30 – 60 minutes a day should allow you to make between £600 and £1200 in your first four weeks. Rather than panicking about only making £500 in a month which is less than some people, I’d get started today – £500 is a lot of money – I’d definitely rather have that over nothing!
DO ALL THE BOOKMAKERS USE PAYPAL?
Most, not all. Some you will need to use a debit card. If this scares you, open a free current account at www.ffrees.com or the post office – or with a high street bank.
Keeping your matched betting separate from day-to-day life is a great idea – it allows you to grow your funds and monitor your profits easily. As put by James who works at PA, ‘Treat this like a business and it’ll pay you like one.” Great advice.
DO I NEED A LAPTOP OR PC?
It helps, but some members rely purely on their smartphone and tablet. I’ve seen some members that have invested £500~ of their PA profits into buying a PC and two screens to make the whole process easier – treating it like a business!
Purely using an iPad and iPhone is possible, just a bit fiddly. You’ll need at least three tabs open in your browser – so it’s just a bit easier using a laptop or desktop PC.
I WORK NIGHTS AND CAN ONLY DO THIS AT WEEKENDS. IS IT WORTH IT?
Yes! You can get all the mainstream football and horse racing offers done during the weekend. You’ll miss a few nice offers during the week, but could still make a nice amount of money from doing the signup offers every weekend. Some days I only had 10 minutes to spare in my lunch break – but that was ample time to register with a new bookmaker, deposit some funds and do the signup offer.
Profit Accumulator is an amazing site for your matched betting. You weren’t the first person to be cautious and visit this website to read my review, and you won’t be the last. However the review and screenshots I’ve added, and the testimonials that I took from a few members in the Facebook Forum have been more than enough to convince several hundred of you to sign up. I have yet to find a bad review on the internet about PA!
Of those people that have joined, not a single one has regretted it and decided to leave. I think that speaks for itself. Join the free trial and make the £45. Then go sign up for the monthly membership. £17.99 a month is nothing when you’re earning and extra £850 a month like me.
People are often very concerned about what to do once they run out of all free bets and can no longer do matched betting. One solution to this problem is doing matched betting again, this time using someone else’s identity. Arbitrage betting is another popular alternative. While finding arbitrage bets can be a little harder than simply collecting all free bets, it also has a higher long term profit potential.
There are two main types of arbitrage betting. Let’s start with the traditional one.
Traditional Arbitrage Betting
The traditional way of doing arbitrage involves betting in at least two bookmakers. The idea is that by finding differences in odds among different bookmakers it is possible to back every single outcome of the event so that the player makes a profit regardless of how the event ends.
Let’s consider an example. If there was a football match and by carefully finding the best odds among different bookmakers we could back both teams at 3.5, as well as back the draw at 4.3, we would end up with a guaranteed profit. By placing £10 on both teams and by placing another £8 on the draw, we would win £7 if any of the teams won. In case of a draw, we would make £6.4.
Sounds good, right? But there are a quite a few problems you must consider.
First, the above example represents an excellent arbitrage opportunity. Odds like that are almost impossible to find and typically do not last long. Second, this situation requires that the player has opened accounts with all three bookmakers and has some money in them. However, having funds in multiple accounts requires a huge betting bank. Finally, calculating stakes for traditional arbitrage can be quite confusing, especially considering the time constraints.
Luckily, there is a better alternative.
Arbitrage with a Betting Exchange
Instead of using multiple bookmakers, it is also possible to do arbitrage between a bookmaker and a betting exchange. It is just like placing a qualifying bet, except that instead of the typical small loss you make a small profit by backing higher than you lay.
There are several advantages to this approach. First, you do not have to use multiple bookmakers. It is enough to just use one good bookmaker (or several if you really want to find the best deal) and your favorite betting exchange. Second, you will never have to place more than two bets – forget about the confusing three-bet example you read earlier.
The best arbitrage bets will typically appear in UK horse racing markets in the last ten or even five minutes before the race. Note that these markets are extremely volatile and can have rapid shifts in odds. Be prepared and do not attempt to do this if you are new to Betting.
Another thing to consider is that good arbitrage opportunities never last long. For this reason you must place the two bets almost instantaneously. Just as with matched betting, start by placing the back bet and only then do the laying. This can save you from rapid changes in bookmaker’s odds (exchange odds tend to be a little more predictable and they move in smaller steps).
Finally, I advise you to stay away from arbitrage if it sounds too good to be true. If you are using a calculator (and you should be!) it displays a return percentage. Do not expect it to be too high. Your typical arbitrage bets will be around 105% or even less (anything above 100% is profitable).
If the return percentage is 110% or even more, something must be wrong. You are either looking at the wrong markets (this happens way too often…) or the bookmaker has made a palpable error in the odds. To keep a long story short, bookies have the right to void bets that are a result of a palpable error – this is why you have to stay away when the opportunity looks too good to be true.
To conclude, arbitrage betting is a viable method of making money after you are done with all the free bet offers. The preferable way to do it involves using a bookmaker and a betting exchange (not multiple bookmakers). While it is possible to make a healthy profit from arbitrage betting, it requires a lot of skill, patience and discipline. Arbitrage is harder than matched betting and requires a larger betting bank, but it enables you to make money even after you are done with all free.
If you’re looking to start matched betting, learning what a lay bet is – and how to place a lay bet – is an absolute necessity.
Every single bet you place will involve laying bets off.
The process sounds a lot trickier than it actually is; it’s extremely easy!
Firstly, you’re going to need to be signed up to a betting exchange such as Betfair.
Betfair – on their exchange – allows you to bet AGAINST results.
Let’s give you an example to simplify things:
Instead of betting on Arsenal to win, you can choose to bet against Arsenal to win.
In that situation, you’ll win your bet if Arsenal draw or lose.
This process – betting against possibilities, is known as the LAY bet.
It’s that easy!
Betting against an outcome, is laying that bet.
So in the example previously, you would be LAYING Arsenal.
The main issue people have with placing lay bets is just how complicated it looks:
To newcomers, that image probably looks like a complicated form of sports stock exchange.
Well, that’s not too inaccurate, really. But it’s a lot more simple to use than a stock exchange, that’s for sure.
To place a regular bet on your chosen selection, you’d click the blue box. Just like using a betslip at a bookmaker; click the blue box, enter your stake and then click ‘Place bet’.
To place a lay bet, you’d choose the red box. The process after that is almost identical to the above.
The other boxes aren’t all that important – they do serve a purpose, but you don’t need to worry about them at this stage in your betting journey.
Why do you need lay bets in matched betting?
In matched betting, every bet you place will need to be laid off.
You do this using a matched betting calculator, and you lay off every bet so that you never lose any (or much) money on each bet; usually it’s just a few pence.
By laying off bets, you can qualify yourself for free bets with very, very minimal investment up front.
How does a £25 free bet sound for the price of 20p?
That’s how matched betting works.
Better still, you can lay off your free bet too – again using the calculator – ensuring you guarantee an 80% profit minimum on every free bet.
What does liability mean?
When you place a regular bet – let’s say you want to bet £10 on Lionel Messi to score the first goal in Barcelona’s next game – the money you are risking is easy to see: £10.
£10 is the most amount of money you can lose on this bet, regardless of what Messi’s odds are to score first.
However, when you lay a bet, things work the opposite way round.
If you lay £10 on a bet, you’re actually aiming to WIN £10.
The amount you could lose – your liability – is £10 multiplied by the lay odds. You then add your £10 stake back on.
In simpler terms:
The odds to LAY Messi as first goalscorer is 4.0, so your liability is £30.
The money you stand to win is £10 if he doesn’t score first, minus commission from the betting exchange.
Of course, you’ll never actually lose the £30 when matched betting, because you’ll have also backed Messi to score on another site.
Visit our blog to find out what is going on in the world of matched betting. Learn about new free bets, new betting strategies, and much more!