Matched betting takes sports to a whole new level – as it’s a way in which punters can try to secure a profit no matter the race outcome.
Unlike standard racing betting, which is a lot about research and luck, matched betting is more strategy-driven as it is all about making the most of free bet promotions, offers – and research.
The Student Who Paid Off His Debt
One of the most famous matched betting success stories has to be the one about a university student who, like many students, had a lot of student debt hanging over him… and used it to clear the lot. With tuition fees and living costs getting higher and higher, things were looking tough, so he turned to matched betting as a way to make a bit of extra money. By keeping his ear to the ground during all the major horse racing events – such as the Cheltenham Festival and the Grand National, he managed to earn over £10,000 in a year.
His was an approach that was all about discipline. He reinvested his winnings into the next selection – and kept doing so to help him keep racking up those earnings. By the time he graduated, he had not only paid off all his student loans but also managed to save up enough to do a bit of travelling and even invest some money in the future.
A Full-Time Worker Quits His Job
Then, there was a full-time office worker, who, like many other office workers, was frustrated with his salary that seemed to be going nowhere – apart from on bills. So, he started matched betting as a bit of a side hustle.
He started off by spending just a few hours per week researching horse racing offers and placing bets. However, within six months, he was often earning more than £2,000 per month.
Having seen the money that could be made with matched betting, he decided to quit his job and do it full-time. He specialised in horse racing, as there are always plenty of opportunities – particularly during major racing events. And we’re sure he’s not the only one.
The Cheltenham Festival Windfall
The Cheltenham Festival is one of the biggest and most renowned horse racing events in the world – and for anyone who likes matched betting, it’s always a good time to look out for promotions. One bettor decided to prepare for this for months leading up to the festival by comparing all the different betting sites to see what was out there – and putting aside enough money to get him going.
During the four-day festival, he made the most of everything out there – and by planning his bets and managing bankroll effectively, he ended up with around £15,000 profit.
Community Success
But it’s not just about individual success stories – as there have been communities where thousands of people get together to share strategies and see if they can maximise their profits.
Many bettors who initially started out with small stakes have collectively earned huge amounts thanks to having well-coordinated betting strategies.
Challenges and Risks in Matched Betting
However, it’s not perfect – and there are plenty of things you need to think about before you even consider giving it a go. While there is certainly the potential to earn a profit, it’s not without challenges. Essentially, most bookies are keeping an eye out for those who might be partaking in matched betting – and they could potentially either restrict or ban your account if they think you are consistently taking advantage of promotions and it’s ringing alarm bells.
It also takes time. Those who are the most successful will usually spend hours researching the different offers, tracking odds, and placing bets. Ultimately, it requires dedication and patience.
There are definitely people out there who have had it work in their favour – but it takes time, a lot of patience and constant research.
