{"id":777,"date":"2020-09-15T11:25:55","date_gmt":"2020-09-15T10:25:55","guid":{"rendered":"https:\/\/www.oddsmonkey.com\/matched-betting\/?page_id=777"},"modified":"2026-09-29T00:57:31","modified_gmt":"2026-09-28T23:57:31","slug":"faq","status":"publish","type":"page","link":"https:\/\/www.oddsmonkey.com\/matched-betting\/more\/faq\/","title":{"rendered":"faq"},"content":{"rendered":"

\nHelp Centre\n<\/p>

\nFrequently Asked Questions\n<\/h1><\/div><\/section>
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Frequently Asked\u00a0Questions<\/strong> \u2013 Top Questions<\/h2>\n

If Matched Betting is new to you, no doubt you\u2019ve got some questions. We\u2019ve tried to address some of the most common questions below \u2013 if you don\u2019t find the answers you\u2019re looking for, just drop us an email at support@oddsmonkey.com<\/a> and we\u2019ll be happy to assist.<\/p>\n\n

Top Questions<\/a>Matched Betting<\/a>OddsMonkey<\/a>Terminology<\/a><\/div><\/span>\n
What is matched betting?<\/summary>

Matched betting is where you place opposing bets on the same race, match, game or event so that you win, regardless of the outcome. OddsMonkey will show you how to use the welcome offers and free bets offered to new and existing customers to maximise your profit. You can learn more in our What Is Matched Betting guide.<\/p>\n<\/div><\/details>

Is matched betting legal?<\/summary>
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Yes, matched betting is 100% legal. Still not sure? Graham Sharpe of William Hill says, \u201cThere\u2019s no illegal element. It\u2019s a free bet and you can do what you like.\u201d \u2013 The Telegraph<\/a><\/p>\n<\/div>\n<\/section>\n

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How much money can I make?<\/summary>
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This depends on how much time you spend on matched betting. Many of OddsMonkey\u2019s members are consistently earning up to \u00a31500 every single month, with some of our more advanced members earning much more.<\/p>\n<\/div>\n<\/section>\n

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Is matched betting risk free?<\/summary>
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Because you are covering all outcomes by backing and laying your bets, you are effectively eliminating the risks that are associated with traditional betting. The only real risk is human error, such as not checking for the latest odds or entering a wrong bet.<\/p>\n<\/div>\n<\/section>\n

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How much money do I need to start matched betting?<\/summary>
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We would recommend setting aside around \u00a3100 to get you up and running, but the more you can put in the quicker you can complete the offers.<\/p>\n<\/div>\n<\/section>\n

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Do I need to know anything about sports or betting?<\/summary>
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Not at all, many of our members have never even placed a bet before joining OddsMonkey. We\u2019ve created over 100 step-by-step guides and video tutorials to ensure that you know exactly what you\u2019re doing.<\/p>\n

You can read more about the legal side of things on our blog post Is matched betting legal<\/a><\/p>\n<\/div>\n<\/section>\n

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How much does OddsMonkey cost?<\/summary>
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You can start for\u00a0FREE<\/b>\u00a0with our Free Trial where you'll learn how to do Matched Betting AND make a profit.<\/p>\n

Once you've completed the Free Trial, our prices are:
\u00a339.99 Premium monthly
\u00a349.99 All Access monthly
\u00a3249 Premium Annual
\u00a3349 All Access Annual<\/p>\n<\/div>\n<\/section>\n

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What happens when I've used up all the welcome offers?<\/summary>
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Bookmakers offer a ton of offers to existing customers too, especially when major sporting events like Cheltenham and the World Cup get underway. We\u2019ll show you how to use these offers to continue to make tax free, risk free profits long after you've finished all the welcome offers..<\/p>\n<\/div>\n<\/section>\n

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How much time does matched betting take?<\/summary>
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It can take up as much or as little time as you like, but the more time you invest the more money you can potentially make. Some of our members have decided to make matched betting a full time career but you can spend as little as 30 minutes a day doing a couple of offers and still make a nice profit every month.<\/p>\n<\/div>\n<\/section>\n

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Does matched betting affect my credit score?<\/summary>
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No, it has no affect on your credit score in the same way any other bank transaction would. Some bookmakers will do credit checks when you sign up but it is not an in depth check that\u2019ll affect your credit rating.<\/p>\n<\/div>\n<\/section>\n

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Sign up to OddsMonkey Now<\/a><\/div>\n<\/div><\/article><\/div><\/section>
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\nMake \u00a329+ profit
on our completely Free Trial\n<\/h1>

\nUnlock \u00a329 with our offer guides. Each guide will walk you through the back and lay bets needed to make your first matched betting profits.\n<\/h1>
\n \n \n \n \n \n \n \n \n \n\n \n \n \n \n \n \n\n \n Start your FREE<\/strong> Trial<\/span>\n\n \n \n <\/a>\n\n \n\n\n<\/div>\n<\/div><\/div><\/div>\n<\/section><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

Help Centre Frequently Asked Questions Frequently Asked\u00a0Questions \u2013 Top Questions If Matched Betting is new to you, no doubt you\u2019ve got some questions. We\u2019ve tried to address some of the most common questions below \u2013 if you don\u2019t find the answers you\u2019re looking for, just drop us an email at support@oddsmonkey.com and we\u2019ll be happy … Read more faq<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":312,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_breakdance_hide_in_design_set":false,"_breakdance_tags":"","footnotes":""},"class_list":["post-777","page","type-page","status-publish"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/pages\/777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/comments?post=777"}],"version-history":[{"count":47,"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/pages\/777\/revisions"}],"predecessor-version":[{"id":6906,"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/pages\/777\/revisions\/6906"}],"up":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/pages\/312"}],"wp:attachment":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/media?parent=777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}