As you may have guessed, figuring out exactly how much money to put on the qualifying bet and how much on the cover bet is not easy. We don’t all have a degree in mathematics. The calculations to be made are a bit complex. That is why it is useful to turn to a matched betting calculator, which does the calculations for us on how much money we need to match each odds. There are a number of pages around the web that offer a similar service, although we have to say that the ones are all paid for. If you search in English, however, you can find very efficient and free calculators. The same goes for the oddsmatcher, a software that calculates for us the best bets to place. Another tool that can be very useful is an Excel spreadsheet. By setting it up properly, we can keep track of all our matched bets, the money invested and the profits generated, without losing sight of the objective, especially when the amounts invested start to become important.
Strategies to adopt
In order to maximise profits with matched betting, there are a number of strategies that can be followed successfully. It is essential, for example, to know all the possible bonuses, both periodic and personal, and to mark them on a calendar, with the dates by which they must be released, so as to have everything under control and not miss a single cent of the gift. In order to do this, it is important to keep up to date with all the bookmakers’ offers. To do this, it is important to follow a site such as ours, but also to follow the operators’ Twitter and Facebook profiles, on which important promotions often appear. Create yourself a new e-mail address for matched betting: This way you can better follow the offers that the betting sites may be dedicating to you personally. If you don’t have a lot of initial capital, it is important to build up your bankroll with sure bets, especially at the beginning. What are sure bets? Follow us for a few more paragraphs and you will find out. Finally, in order to maximise any free money you may have, you can also play multiple promotions, especially from bookmakers such as William Hill, who start the bonuses from the third event in the bet slip.
Finally, in order to maximise any free money you may have, you can also play multiple promotions, especially from bookmakers such as William Hill, who start the bonuses from the third event in the bet slip.
Advantages and disadvantages
Like any method of earning money, matched betting has advantages and disadvantages. On the positive side there is certainly one that we have already mentioned several times: the winnings are mathematically safe and guaranteed and do not depend on luck, because it is not a game of chance. No previous knowledge of the world of betting is necessary: if you have never played before, all you have to do is to know a little bit about how betting and exchange sites work, so that you can quickly find everything you need. You only need a small amount of capital to get started, even if it is only 50 euros, but the more money you are willing to invest, the greater the (safe) return you will get. Finally, this is a completely tax-free and legal way of supplementing your earnings: the bets are already taxed at source and you don’t have to account to anyone for what you pocket.