If you're into football betting or any other sports betting and you wish to boost your profits, then matched betting may be a strategy you can use.

While every bettor jumps in a matched betting hoping for some bigger profits, there are a few things you need to know to avoid making mistakes and might even cause you to lose money. We have gathered a list of tips that will not only help beginners but experienced matched bettors as well.

Don't Gamble, Start Slow

The first and most important tip is you shouldn't bet to gamble. Matched betting makes money by using the free bets and other offers given by the bookie. Even though matched betting techniques gain profit from gambling sites, you shouldn't treat this technique as gambling.

Matched betting is a great and legal way to make consistent money without leaving your home. But you shouldn't expect to become rich overnight with this betting strategy. First, you need to know the basics, and then you need to use the technique regularly to grow your earnings, which also takes time.

Do Your Research, Start with The Right Amount

Make sure you do your homework before starting matched betting techniques. It may be a complex strategy, especially if you're new to the betting space. So, before you even try out this strategy, understand what matched betting is and how it works.

It's important to know how much money you can start with for matched betting. It's possible to start from as little as US$25. We think a reasonable starting price is US$150 to US$200 as it is enough to take up to four bets at a time to get you familiar and confident with the betting process.

Be Consistent, Record Your Progress

Consistency and regularity are essential for successful bets in matched betting. It's a slow and steady way to make money and you'll need to do matched betting regularly to make it work. If you consistently bet for half an hour a day, you can earn up to US$250 to 600 a month. But if you can bet for longer times a day for an hour or more, then making US$1000 to 2000 a month is an easy win.

Keeping records of your progress is crucial to knowing how you are doing. It can be motivating to see that you are making progress over time and help you track down what went wrong when you're making losses. You can start with a spreadsheet to keep all your records.

Once you've seen the daily calendar and sign-up offers, you should also lookout for any new customer account offers. You can visit and open more bookmaker and casino accounts with new offers, which you can use to make more money. Make sure to regularly check your matched betting site's forum and customer area.

Use A Separate Email and Bank Account

A separate email for matched betting lets you have an email focused on all your bets and won't be mixed with your private emails. A new email for matched betting makes it easier to track all your bonuses, free bets, and tips in one place.

Like having a separate email, it's vital to have a different bank account for matched betting. This can make it easier to track down how much money you made and spent from matched betting instead of using the same account for your everyday life. Having a separate bank account can also keep your identity clean, as traditional banks don't usually allow loans and mortgages when they know about your betting deposits.

Make sure to have sufficient funds in your bank account so you can cover your placed bets or the bets you're planning to place. If you're starting to bet with limited funds, we recommend placing a low bet stake as a higher stake which means more liability.

Use Multiple Betting Exchanges and Odds Calculator

Don't stick to only one betting exchange, as other betting sites may offer better odds. Even if it's a slight difference in odds, it can save you a lot of money in the long run. Some of the top betting exchanges you should check out include Smarkets, Betfair, Ladbrokes and Matchbook.

You can try out matched betting calculators or Odds Calculators to help you determine how much you should lay on the exchanges to maximize the profits of all your matched bets. The OddsMatcher tool is also an effective tool for matched betting as it can save you loads of time while also significantly increasing your profits.

Low Commission Rate

It's common for betting sites to charge from 2% to 5% on commission for bettors' net winnings, which is how these exchanges make money. If you want to minimize the commission amount you pay to keep more of your earned profit, you can try out Smarkets and Betdaq, as they have some of the lowest commission rates of around 2%.

Don’t Be Afraid of Being Banned

Newbie bettors are usually afraid of being banned from bookmakers. You shouldn’t be worried about it, but also try your best to avoid it. Even if you eventually do get gubbed, there are still endless opportunities to make money. You can find partner-friendly bookmakers or multi-accounting.

These are some of the winning tips for one of the best strategies in betting. We wish you the best of luck for your next bet and beyond.