The term multi accounting is one you\u2019ll probably hear when looking into matched betting. On the surface, it sounds like an obvious thing to do. The benefit of doing so sounds amazing! So why wouldn\u2019t you?! However, it\u2019s not as simple as it seems. This post will look at multi accounting and why you shouldn\u2019t do it.<\/p>\n
Multi accounting is the opening of more than one account with the same bookmaker. However, this goes against the terms and conditions of most online bookmakers. The main reason why someone would want to open multiple accounts with one bookie would be to access their promotional offers more than once.<\/p>\n
There is one exception to the rule, though\u2026<\/p>\n
Some bookies allow more than one person in the same household to open an account with them. And they allow you both to receive a sign up offer. These are known as \u2018partner-friendly\u2019 bookmakers.<\/p>\n
Other bookmakers also allow more than one person in the same household to register an account. However, the difference is that only one account will be eligible to receive the sign up offer.<\/p>\n
The first stage of any matched betting journey is to sign up to as many different bookmakers as possible. Upon registration, you should receive whatever the sign up promotion is on offer. For example, this could be in the form of a straightforward free bet, \u2018money back if\u2026\u2019, or acca insurance.<\/p>\n
That\u2019s why, in matched betting specifically, it can be tempting to open more than one account with the same bookmaker. With the aim of receiving their sign up offer for a second time. Or third time\u2026or fourth time\u2026<\/p>\n
Remember, though, that this is against the majority of bookmakers\u2019 T&Cs. Whilst not illegal, multi-accounting is a bit of a grey area and will most likely see your bookie accounts heavily restricted or closed altogether. This would be a massive blow to your matched betting activities. You\u2019ll either be ineligible for bookmaker offers, or unable to use your accounts at all. This is something you should be trying to avoid when matched betting.<\/p>\n
Sign up offers are only the tip of the iceberg when it comes to making a profit through matched betting. Once you\u2019ve registered with a bookmaker and completed their welcome offer, you\u2019ll unlock their reload offers. This means that you can continue to use your bookmaker accounts to make money online. Matched betting isn\u2019t just about the signup offers!<\/p>\n
Reload offers come in all shapes and sizes. Some appear daily, whilst others are event-specific (ie to be used during Cheltenham). Some reload offers are open to all customers, whereas others are exclusive, or invite-only. Here at OddsMonkey, we bring you \u2018how-to\u2019 guides for the best reload offers.<\/p>\n
Start your matched betting journey today with a free trial. <\/a><\/p>\n