Introduction to Matched Betting with Team Profit

A very warm welcome to Team Profit from me (Jon) and Sarah. We have written this article to help you to understand all the key information about what matched betting is, so you can decide whether to start making £1,000+ risk free.

After reading this, head to the Video Guides to learn matched betting and join over 25,000 in the UK!

What is Team Profit?

Team Profit is a free to use educational site run by me (Jon) and my friend Sarah. It is aimed at people in the UK looking to make extra money in their spare time.

We teach you how to make £1,000+ risk free from your laptop or mobile, using a betting technique known as ‘matched betting’. To do this, we provide you with video guides and step by step guides alongside live help, all available completely for free.  You can read more about Sarah and me in the About Us page.

What is Matched Betting?

There are more than 25 online bookmakers in the UK. In order to attract new customers, they each offer free bets, known as ‘Welcome Offers’. In total they offer over £800 in free bets to new customers. An example offer is ‘Bet £5, Get £20 free bet’.

By using a technique called matched betting, we remove any risk our £5 bet could lose. This is because we match our first £5 bet on the bookmaker with a £5 bet on a betting exchange on the opposite outcome.

For example, we bet £5 on Man Utd to win on the bookmaker, and £5 on Man Utd not to win on the betting exchange.

As we have bet on all outcomes, regardless of whether Man Utd win, draw or lose, we will neither win nor lose money. However, we have received the £20 free bet! We now make a profit by repeating this process but this time using the free bet.

blur_edges_jon2By repeating this across 25 bookmakers, we receive £800 in free bets which is worth £600 cash profit.

As you can see from this process, matched betting does not involve gambling at all, you will never be risking a penny.

Because we are always covering the opposite outcome occurring, there is never any risk we will lose money, however we still receive the free bets which we will be where we make our profit.

How Much Money Can I Make?

£1,000+

From the Welcome Offers alone you can expect over £600 profit, averaging £30 to £40 an hour. This is tax free too as the UK government rule that winnings from bookmakers are tax free.

The bookmakers want to keep you betting with them, rather than with one of their competitors, so they continue to run free bet offers for you, known as Reload Offers (offers for existing customers), for a few hours a week you can expect up to £500 profit a month.

You can track all your profit using the free matched betting spreadsheet.

How Much Money Do I Need To Start?

£8

I asked a lot of my friends for feedback and they often wanted to start with as little as possible.

So I wrote this week by week £8 to £800 Plan. This shows how you can start with just £8 and within 3 months turn this into £800, all in your spare time and averaging £30 per hour. Alternatively, you can reach £1,000 within 3 months with the £25 to £1,000 Plan.

If you are looking to make £1,000 faster, you can reach this in 2 months (or even faster) by starting with £100, check out the £100 to £1,000 Plan.

Time It Takes To Learn?

1 Hour

The Video Guides last 20 minutes in total. The first 3 videos are ‘explainer’ videos that explain the key concepts. The remaining 4 videos are step by step videos that walk you through the Coral offer.

You are then ready to complete your Coral Welcome Offer using our step by step guide, which I would set aside another 40 minutes so you can take your time and ensure you are completing it correctly.

Next 'Start Here' Article:
Anyone Can Do This

Got Questions?

There are 3 ways to ask for help with Team Profit:

Facebook Group - ask over 1,000 fellow matched bettors (including me!) any questions you may have. [link]

Email support@teamprofit.com - I try to respond to all emails within 24 hours with full answers

Live Chat - Chat with me any time I'm online. See the chat module at the bottom right of site.