Tom's 8 Top Tips For Newbies!

Hi, I'm Tom!

I've been Matched Betting for over five years now.

I still remember exactly what it was like when first starting out - the confusion, the nerves, followed by the excitement of making your first profit!

To help you on your journey, I've come up with a few quick and easy tips to help you save time and maximise your profits!

We will be covering:

I find it a lot easier having a separate bank account and email address just for  Matched Betting.

That way I can separate my personal money from my betting money, and I can separate my personal emails from my betting emails.

It also helps to watch your money grow as it'll be in a separate side pot!

Additional guides:

When you start making a profit it's very easy to want to withdraw it and spend it. Don't!

You should try and let your profits build up, which will allow you to do offers faster and more profitably.

A good target is to build up an exchange balance of £500+. This will allow you to make a regular profit from the reload offers (existing customer offers).

Of course we're all human. So if you want to spend some profit you of course can, but generally we want to reinvest our profits when first starting out.

It might sound self explanatory but you should really take your time. When you rush, you can easily miss something. Here's a list of things I always check and do when placing my bets:

• Back odds and stake
• Lay odds and stake
• Liability and the commission.
• Make sure what you're betting on is the same bet for the bookie and the exchange.

😳 I once backed one horse and then placed a lay on a completely different horse, as they had similar names!

Minimum odds for the trigger bet tend to be between 1.5 and 2.0, always check the Team Profit guide or T&Cs for each offer.

If you're placing a trigger bet then the calculator should = Normal

If you're using a free bet then the calculator should = SNR

If you place your lay bet first and then the back odds change, you're in a pickle.

Whereas if the lay odds change, it's easy to resolve by editing the odds in your calculator.

So back first, lay second!

If a bookmaker is being overly generous (or has made a mistake) and the back odds are larger than the lay odds, then this will mean you can make a small profit from your trigger bet. However bookmakers can easily spot this and may then gub (restrict) you from receiving future offers.

So if you see an arb, choose another team to back!

Make sure you are part of the invaluable Facebook community, with over 30,000 other members.

Everyone there is on the same journey and willing to pass on the knowledge and tips.

Have easy access to your ID documents - have all the required images stored in a specific folder on your device. It may seem intrusive when starting out, but all gambling companies require you to provide proof of who you are, your age and your funding sources.

Don’t be offended, it’s the law and although some requests are a little weird, ‘selfies with a hand written note saying ‘Hello BetX’ for example, it’ll mean you can go ahead and safely use their site.

Gubbing is the term used for being banned from receiving future bookmaker promotions. It happens to us all eventually, so there is no need to worry about it too much. Everyone has a different opinion on how to avoid them but the reality is, no-one knows for sure.

If you want to err on the side of caution and try ways to avoid gubbings then read our guides on mug betting here.

Most promotions will require you to opt-in or follow a link directly from the email they send you.  Get into the routine very early on to do this religiously.

Watch out for sites that use pop-up opt-ins (10bet, Mansionbet for example) as you may need to turn off any ad-blocking software to see them. Missing an Opt-in can be really annoying when you’re told on live chat that you haven't qualified!

It's well worth downloading a Password manager and form auto-filler. These tools will speed your sign-ups no end!  You can use the password manager to create and securely store all your details for the growing number of bookmakers and casinos.

A popular site that a lot of our members use is Lastpass.com