Why isn’t everyone matched betting?

Matched betting: “sounds too good to be true.” “How come the bookies let it happen?” “If it’s so profitable, why isn’t everyone matched betting?” Have any of these thoughts ever crossed your mind? If so, you could be missing out on a fantastic profit-making opportunity.

In this post, OddsMonkey’s Buschra looks at answering some of those thoughts for you…

Why isn’t everyone matched betting?

“It sounds too good to be true”

I know! You’re not alone. I thought the same exact thing when I started. I brushed it off as a huge scam and kept scrolling past every time I’d see an ad about matched betting pop up on my Facebook feed. Then, one day, I came across an ad that had a huge amount of comments. I clicked on the comments and couldn’t believe the number of people that said it worked. Still being cautious and dubious, I went on YouTube and started watching people do the offers right there in front of me. This was back in the day when I wasn’t aware of amazing sites like OddsMonkey and their matched betting software.

So, I bit the bullet and did the first bookmaker offer. I was shocked to see the profit actually materialise. You could have knocked me down with a feather.

So yes, it does seem too good to be true…but for once, it’s not! You can definitely turn bookmaker free bet offers into real profit with matched betting. Read our guide: What is Matched Betting? for more detail.

“How come the bookies are letting this happen?”

The thing is, they can’t stop it. If bookies were to stop offering welcome offers and continuous incentives for people to join and keep betting, then they would attract less business. Even if this means they’re attracting matched bettors as well. Overall, the bookies are still better off giving out the offers as they still would make more money from the gamblers they attract even if it means a few matched bettors squeak through.

Also, bookies have traders whom they employ to monitor individual customer accounts so it’s important to still look after the account by appearing to be mug betting. But we can talk more about that here

“If it’s so profitable, why isn’t everyone matched betting?”

Ah, the BIG question. And there are a few reasons as to why people might not take up matched betting.

The main reason though, is that maybe the name puts them off. Most people associate ‘matched betting’ with gambling. And to someone who’s never placed a bet before, that world can be scary. But matched betting is not gambling. It’s also not a scam.

Instead, it’s a technique of using mathematics to turn free bets into real money. Matched betting doesn’t rely on luck like traditional betting, or gambling does.

And this is why OddsMonkey is here. We want to show you how matched betting works and how you can make money from it.

We work very hard to try to put people at ease and prove to them that matched betting is a legitimate way to earn some tax free cash.