Matched betting isn’t a get-rich-quick scheme. It’s definitely something you should come into with the understanding that it is a longer-term money-making solution. But it also probably won’t last forever, for reasons we’ll look at in this piece. So just how long will matched betting last?
History of matched betting
Before we answer that question, let’s look at the history of matched betting and OddsMonkey. Read our full guide for more information on how matched betting works.
Matched betting as a concept has existed for a while. But as a manual process, it can be time-consuming, confusing, and fast-moving.
OddsMonkey launched in 2011, with the first piece of automated odds-matching software, the OddsMatcher. The software automatically searched for and sorted the odds from online bookmakers, before matching them with the opposing lay odds from the betting exchange. This opened up the world of matched betting to thousands of people and provided them with a way to make money from home.
Five years later, OddsMonkey became a full matched betting service, adding written guides, video tutorials, and additional tools to the site. Over the years, members have reported profits of all shapes and sizes. And while we’ve welcomed countless new members since we started, there are a number of old faces continuing to make money from matched betting.
Now we’ve had a quick look at the history of matched betting, it’s time to take a peek into the future…
How long will matched betting last?
There are two ways to look at this question:
- How long will matched betting last in general?
- How long will matched betting last for an individual matched bettor?
…and unfortunately, there isn’t a definitive answer to either.
How long will matched betting last in general?
Bookmakers give out free bet offers and other promotions for a reason. They want to attract new customers and encourage existing customers to continue betting through their service. The offers are a marketing tool, so if they continue to bring money in for the bookie, we’ll keep seeing them being given out.
How long will matched betting last for you?
Another tricky question to answer! This depends on a few things, such as:
- Which bookmakers you have accounts with.
- How many active and ‘healthy’ accounts you have.
- The types of offers you do (once you’ve completed the sign-up offers).
- How quickly you work through offers.
- Which advanced (matched) betting techniques you do in addition to traditional back and lay betting.
Why don’t we know how long matched betting will last?
It’s impossible to put a shelf-life on matched betting because it depends on so many factors and the experience of individuals.
For as long as matched betting has been around, so too have whispers of ‘the end’. Every so often, you’ll read something online about how the offers aren’t as good as they used to be. Or that there aren’t as many offers around. Or that the odds are rubbish.
However, bookie offers are still available and there is definitely still value to be extracted from them. So what are you waiting for?
Start your matched betting journey today with our free trial.
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