Is matched betting a scam? + Other FAQs

There are many common questions people have about matched betting before giving it a go.

I have compiled the most common questions in this article starting with the most frequently asked question…

Is matched betting a scam?

I can say with 100% honesty that matched betting is NOT a scam.

When I first heard about matched betting it sounded to good to be true.

Could I really make that much money from free bets that bookmakers were giving away?

I was curious but I wasn’t sure if it was legit.

I was not prepared to pay for something that I wasn’t sure about.

So I was reassured by the fact that Profit Accumulator offered a completely free trial.

Without paying any money I could give it a go myself.

Doing the 2 offers on the free trial I could see that matched betting really worked and that it was not a scam!

Not only did I not have to pay to do the free trial but I did not have to give any payment details either.

There was no need to give my credit card details to start the free trial and then have to remember to cancel if I decided that matched betting was not for me.

There really is nothing to lose in doing the free trial and seeing if matched betting is for you.

Is matched betting illegal?

Another common question about matched betting is whether it is illegal.

I can assure you, it is 100% legal.

Matched betting has been featured on many reputable websites.

Well known publications such as The Guardian and Vice have done articles about it and recommended it as a good way to earn some extra money from home.

Not only is it legal but any money made from Matched betting is tax free.

Any money you make from matched betting is classed as winnings from gambling.

Gambling in the UK is currently tax free so there is no need to declare any extra income you make from matched betting.

I already have accounts with bookmakers. Can I still make money?

Yes you can!

When I started matched betting I had accounts with some of the main online bookmakers and thought that there can not be that many more bookmakers to join.

I could not have been more wrong!

There are over 50 sign up offers listed on Profit Accumulator with new offers being added all the time.

If you have already signed up with a bookmaker online then you can still use them for matched betting as they will offer other free bets and promotions.

Can I still make money after the sign up offers?

Yes you can!

The gambling industry in the UK is very competitive.

Bookmakers compete with each other for your custom.

They do this by offering free bets and other promotions.

These promotions can be found in the reloads section of Profit Accumulator, which is updated daily.

I wrote a longer article on this topic which you can find here.

I have never placed a bet before. Is matched betting difficult?

When you first start doing matched betting it can be difficult to get your head around.

If you have placed bets before or not, it makes no difference.

Because when you join Profit Accumulator they make things as easy as possible for you.

Each offer they post will have a step by step guide with detailed written instructions and often a video guide as well.

Profit Accumulator also has a training section with 49 detailed guides to the fundamentals of matched betting.

If you are still unsure about how to approach an offer after watching the videos and reading the guides you can ask questions on the Profit Accumulator forum.

More experienced members will be happy to help with any queries you have.

How much money do you need to start matched betting?

I started with a float of £100 set aside for matched betting.

Within 3 months I had turned that £100 in to £1000.

I would say the minimum amount you need to get started with is £50.

I work full time. Can I still do matched betting?

Yes you can!

You need to put some time in to make matched betting work but it is definitely possible to do it around a full time job.

How much time you put in will determine how much success you have with matched betting.

But even if you only spend 30 minutes each day doing some matched betting offers you will still be making a nice profit each month.

How much money can you make matched betting?

How long is a piece of string?

The amount of money you can make will depend on the individual and how much time they can put into it.

As with most things in life, the more you put in the more you get back.

You should be able to make around £500 per month from matched betting if you dedicate enough time to it.

Some people make more than that and some make less, it depends on the individual’s circumstances.

Until you try matched betting and see how it fits you there is no way of knowing exactly how much you will earn per month.

Each month on the Profit Accumulator forum there is a thread detailing member’s profits from the previous month.

That thread is inspirational and informative as people detail what offers they focused on to make their profits.

Matched betting sounds good. Where do I start?

If you still have doubts the best way to start is by doing the Profit Accumulator free trial.

Give matched betting a go for yourself, see if it works for you and then decide if you want to go any further with it.

If you don’t, no problem.

If you do decide to go further with it and join Profit Accumulator as a full member then you can start using the service properly and you will start to make some nice profits.

Conclusion

This guide contains answers to the most common questions about matched betting that I hear.

Matched betting is not a scam and is an excellent way to make some extra money from home.

If you have any more questions about matched betting please share them in the comments section below.

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