{"id":8104,"date":"2023-09-29T10:45:03","date_gmt":"2023-09-29T09:45:03","guid":{"rendered":"https:\/\/www.oddsmonkey.com\/blog\/?p=8104"},"modified":"2026-09-29T13:42:13","modified_gmt":"2026-09-29T12:42:13","slug":"complete-matched-betting-qa-for-beginners","status":"publish","type":"post","link":"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/complete-matched-betting-qa-for-beginners\/","title":{"rendered":"Complete Matched Betting Q&#038;A For Beginners"},"content":{"rendered":"<p><strong>YOUR questions, answered!<\/strong><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=-Iv_kYWcyLI\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8108 size-large\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2023\/09\/image-11-1024x576.png\" alt=\"\" width=\"800\" height=\"450\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2023\/09\/image-11-1024x576.png 1024w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2023\/09\/image-11-300x169.png 300w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2023\/09\/image-11-768x432.png 768w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2023\/09\/image-11.png 1280w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">We recently asked YOU for a list of questions that you\u2019d like answered on the wonderful <\/span><a href=\"https:\/\/www.oddsmonkey.com\/sidehustle\/\"><span style=\"font-weight: 400;\">side hustle<\/span><\/a><span style=\"font-weight: 400;\"> that we all love &#8211; Matched Betting. We asked our members in our online Facebook and Discord communities, and the wider Matched Betting community on Reddit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">O<\/span><span style=\"font-weight: 400;\">ur head of Growth and Retention, Monika, whilst ably assisted by Steve, answer all of your questions on Matched Betting &#8211; plus one or two laughs along the way!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For daily bookmaker offers, frequent giveaway competitions, similar events, and for the chance to have YOUR questions answered &#8211; join our online communities!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We\u2019re available 7 days a week to not only assist you with your Matched Betting journey, but make it as fun, and as profitable, as possible.<\/span><\/p>\n<aside class=\"bde-f-container-9993-110-9993-1 bde-f-container ob-social bde-f-container-9993-110\"><img decoding=\"async\" class=\"bde-f-image-9993-100-9993-1 bde-f-image ob-social-media bde-f-image-9993-100\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2023\/09\/newicon.png\" loading=\"lazy\"><div class=\"bde-f-container-9993-109-9993-1 bde-f-container ob-social-body bde-f-container-9993-109\"><h3 class=\"bde-f-text-9993-101-9993-1 bde-f-text ob-social-title bde-f-text-9993-101\">\nJoin our free communities\n<\/h3><p class=\"bde-f-text-9993-102-9993-1 bde-f-text ob-social-text bde-f-text-9993-102\">\nJoin over 12,000 members in the UK, in our Facebook and Discord communities!\n<\/p><a class=\"bde-f-container-link-9993-105-9993-1 bde-f-container-link ob-social-btn bde-f-container-link-9993-105\" href=\"https:\/\/www.facebook.com\/groups\/oddsmonkey\" target=\"_blank\" rel=\"noopener\"><div class=\"bde-f-svg-icon2-9993-103-9993-1 bde-f-svg-icon2 bde-f-svg-icon2-9993-103\">\n<svg viewBox=\"0 0 320 512\" width=\"14\" height=\"14\" fill=\"currentColor\"><path d=\"M279.14 288l14.22-92.66h-88.91v-60.13c0-25.35 12.42-50.06 52.24-50.06h40.42V6.26S260.43 0 225.36 0c-73.22 0-121.08 44.38-121.08 124.72v70.62H22.89V288h81.39v224h100.17V288z\"><\/path><\/svg>\n<\/div><div class=\"bde-f-text-9993-104-9993-1 bde-f-text bde-f-text-9993-104\">\nJoin our Facebook Community\n<\/div><\/a><a class=\"bde-f-container-link-9993-108-9993-1 bde-f-container-link ob-social-btn bde-f-container-link-9993-108\" href=\"https:\/\/discord.gg\/qfweUa8NQ2\" target=\"_blank\" rel=\"noopener\"><div class=\"bde-f-svg-icon2-9993-106-9993-1 bde-f-svg-icon2 bde-f-svg-icon2-9993-106\">\n<svg viewBox=\"0 0 640 512\" width=\"18\" height=\"14\" fill=\"currentColor\"><path d=\"M524.531 69.836a1.5 1.5 0 0 0-.764-.7A485.065 485.065 0 0 0 404.081 32.03a1.816 1.816 0 0 0-1.923.91 337.461 337.461 0 0 0-14.9 30.6 447.848 447.848 0 0 0-134.426 0 309.541 309.541 0 0 0-15.135-30.6 1.89 1.89 0 0 0-1.924-.91 483.689 483.689 0 0 0-119.688 37.107 1.712 1.712 0 0 0-.788.676C39.068 183.651 18.186 294.69 28.43 404.354a2.016 2.016 0 0 0 .765 1.375 487.666 487.666 0 0 0 146.825 74.189 1.9 1.9 0 0 0 2.063-.676A348.2 348.2 0 0 0 208.12 430.4a1.86 1.86 0 0 0-1.019-2.588 321.173 321.173 0 0 1-45.868-21.853 1.885 1.885 0 0 1-.185-3.126 251.047 251.047 0 0 0 9.109-7.137 1.819 1.819 0 0 1 1.9-.256c96.229 43.917 200.41 43.917 295.5 0a1.812 1.812 0 0 1 1.924.233 234.533 234.533 0 0 0 9.132 7.16 1.884 1.884 0 0 1-.162 3.126 301.407 301.407 0 0 1-45.89 21.83 1.875 1.875 0 0 0-1 2.611 391.055 391.055 0 0 0 30.014 48.815 1.864 1.864 0 0 0 2.063.7A486.048 486.048 0 0 0 610.7 405.729a1.882 1.882 0 0 0 .765-1.352c12.264-126.783-20.532-236.912-86.934-334.541zM222.491 337.58c-28.972 0-52.844-26.587-52.844-59.239s23.409-59.241 52.844-59.241c29.665 0 53.306 26.82 52.843 59.239 0 32.654-23.41 59.241-52.843 59.241zm195.38 0c-28.971 0-52.843-26.587-52.843-59.239s23.409-59.241 52.843-59.241c29.667 0 53.307 26.82 52.844 59.239 0 32.654-23.177 59.241-52.844 59.241z\"><\/path><\/svg>\n<\/div><div class=\"bde-f-text-9993-107-9993-1 bde-f-text bde-f-text-9993-107\">\nJoin our Discord Community\n<\/div><\/a><\/div><\/aside>\n<h3><b>What is Matched Betting?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Matched Betting is a way to make money from the free bets and promotional offers, advertised by bookmakers. By placing a qualifying bet, backing an outcome to happen at a bookie and betting against that outcome at an exchange, you cover all outcomes. This then qualifies you for the free bet or bonus from the bookie. Repeat the previous steps and make a profit!<\/span><\/p>\n<h3><b>Why isn\u2019t matched betting a scam?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Don\u2019t worry, we\u2019re a real company. Matched Betting really does work! Check out our <\/span><a href=\"https:\/\/uk.trustpilot.com\/review\/oddsmonkey.com\"><span style=\"font-weight: 400;\">Trustpilot reviews<\/span><\/a><span style=\"font-weight: 400;\">\u00a0 (rated Excellent) and <\/span><a href=\"https:\/\/www.facebook.com\/groups\/oddsmonkey\"><span style=\"font-weight: 400;\">online communities<\/span><\/a><span style=\"font-weight: 400;\"> to see for yourself.\u00a0<\/span><\/p>\n<h3><b>How much can you earn?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Most of our members make their first \u00a31000 during the first two months of their Matched Betting journey. However, overall profits will vary depending on how much time you can commit. That said, Matched Betting is a very flexible side hustle! You can do it from the comfort of your own home, fit it around your daily schedule, and even on the go from your phone, once you\u2019ve learnt the basics.<\/span><\/p>\n<h3><b>What if I\u2019ve never placed a bet before in my life?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Lots of our members start Matched Betting with <\/span><a href=\"https:\/\/www.oddsmonkey.com\/\"><span style=\"font-weight: 400;\">OddsMonkey<\/span><\/a><span style=\"font-weight: 400;\"> having never placed a bet before. Our free trial and offers that we signpost are accompanied with step-by-step written guides on how to complete, alongside countless video and written tutorials. We\u2019ll help you along every step of your journey &#8211; not to mention customer support that&#8217;s available 7 days a week!<\/span><\/p>\n<h3><b>Is there a way to try before committing?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Absolutely! Visit our home page, and click the \u2018Free Trial\u2019 button in the top-right corner. We do not ask for any card details at this point. As part of the free trial, you\u2019ll have access to 2 bookmaker sign-up offers and will be walked through each step of the process by our written and video guides. Once you\u2019re happy with everything, you can choose to sign-up for a subscription at your own leisure.<\/span><\/p>\n<h3><b>How much money do you need to get started?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">We recommend starting with around \u00a350 to complete the Free Trial. However, you can also start with \u00a330. Whilst you may need to take slightly lower odds, you\u2019ll still be able to complete the offers.<\/span><\/p>\n<h3><b>How hard is it to start?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Try out the free trial and see what you think! Our amazing customer support team and members are also available in the communities to help you. Once you complete the free trial and first few sign-up offers, we\u2019re sure the penny will have dropped!<\/span><\/p>\n<h3><b>I\u2019ve signed up to all the bookies, what now?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The fun doesn\u2019t stop! The bookies will continue to offer promotions to encourage you to use them e.g. \u2018Bet \u00a310, get \u00a320 Free Bet\u2019 etc. We call these, \u2018Reload Offers\u2019 or existing customer offers. The sign-up offers are a great way to build your bankroll and <a href=\"https:\/\/www.oddsmonkey.com\/make-money-online\/\">make money online<\/a>, but most of your profit will come from continuous Reload Offers.<\/span><\/p>\n<h3><b>Do you have a referral scheme?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">We do indeed! Click the refer a friend link on our website and use your personalised code to share with your friends. If they sign up, you and your friend will both receive \u00a325 &#8211; each!<\/span><\/p>\n<h3><b>When\u2019s the best time to start?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Every day is a good day! There is no time like the present. You\u2019ll likely start by doing one bet at a time, and can go as fast, or as slow as you like. Therefore, you do not need major sporting events to get started. Suitable <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/what-is-matched-betting\/\"><span style=\"font-weight: 400;\">matched betting<\/span><\/a><span style=\"font-weight: 400;\"> sports take place all-year-round!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>YOUR questions, answered! We recently asked YOU for a list of questions that you\u2019d like answered on the wonderful side hustle that we all love &#8211; Matched Betting. We asked our members in our online Facebook and Discord communities, and the wider Matched Betting community on Reddit. Our head of Growth and Retention, Monika, whilst [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":8116,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_breakdance_hide_in_design_set":false,"_breakdance_tags":"","footnotes":""},"categories":[61],"tags":[],"class_list":["post-8104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-matched-betting"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Matched Betting Q&amp;A: Your Beginner&#039;s Guide<\/title>\r\n<meta name=\"description\" content=\"Get answers to all your matched betting questions! 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