New to matched betting? Just copy these bets and you’ll make a profit – guaranteed or your money back*
Matched Betting Example for Saturday and Sunday, 28th and 29th October 2017.
Step 1 – Open accounts and make a deposit
Open an account with Coral and deposit £5.
Open an account with Betfair and deposit £10.
Open an account with Smarkets and deposit £20.
Total deposits of £35 for an expected return of £45 to £55 (£10 to £20 profit).
Step 2 – Find a football match to bet on
We found the Manchester United vs Tottenham match in the English Premier League, taking place at 12.30pm on Saturday, 28th October to bet on. We will be betting on Manchester United.
Step 3 – Place your bets
Bet £5 at Coral on Manchester United to win.
Lay £4.75 at Betfair Bet Exchange on Manchester United (Press the pink button)
You will make an acceptable loss of about 50p to get your £20 worth of free bets from Coral.
Outcome 1 of 2: If Manchester United win then we win about £6.25 at Coral and lose about £6.75 at Betfair Bet Exchange.
Outcome 2 of 2: If Manchester United don’t win (Ie. It’s a draw or if Tottenham win), then we win about £4.50 at Betfair Bet Exchange and lose £5.00 at Coral.
Step 4 – Find another football match to bet on with your free bets
We will be betting on the Brighton vs Southampton match in the English Premier League, taking place at 1.30pm on Sunday, 29th October to bet on. We will be betting on Southampton.
Step 5 – Place your free bets
Bet 4 x £5 free bets at Coral on Southampton.
Lay £10.89 at Smarkets Bet Exchange (Press the blue button)
Outcome 1 of 2: If Southampton wins then we win about £27 at Coral and lose about £6.50* at Smarkets Bet Exchange. This is £20.50 profit thanks to the Smarkets welcome bonus of £10 back if you lose with them.
* You lose your liability, which will be about £16.50 but get £10 from Smarkets.
Outcome 2 of 2: If Southampton doesn’t win (Ie. If it’s a draw or if Brighton wins), then we win about £10.50 at Smarkets Bet Exchange and lose £0 at Coral (Because we used their free bets).
Summary
If Southampton win, we make about £20 profit (£20.50 – £0.50 acceptable loss)
If Southampton doesn’t win (Ie. It’s a draw or Brighton win), we make about £10 profit (£10.50 – £0.50 acceptable loss) with £10 more profit to come later from the Smarkets offer. (You don’t have to lose it on your first bet, it can be any bet)
How did we get these numbers?
We used odds of 2.25 and 2.42 for the respective back and lay odds on Manchester United.
We used odds of 2.35 and 2.50 for the respective back and lay odds on Southampton.
A few things to note
If you want to use exact lay amounts when placing your bets then you can go to my “Getting Started” page, sign up to one of the trial services so you can access a Matched Betting Calculator. Note that is not necessary at this stage.
Also, if you want to profit more from free bets then you should bet at higher odds and find tighter back and lay odds. When you lay at higher odds, you need to have more money in your bet exchange to afford the higher liability. We used low odds for this example, so it’s easier for anyone to get started without the need of a big bankroll.
To find things to bet on that have tighter back and lay odds, you can use the oddsmatcher software that’s provided by the services that I recommend on my getting started page.
Finally, congratulations on making your first matched betting profits!
* To qualify for the money back guarantee you must be from England, have a UK address and not already have an account with Coral or Smarkets. You must also follow the instructions on this page and simply copy what bets that it says to do.
