Matched betting is one of my absolute favourite ways to make extra money online. Once you get to grips with how it works, it’s quick to do, and guarantees you a profit every single time. In the matched betting world, Bet365 is a pretty firm favourite. They have some fantastic offers regularly that bag matched bettors sometimes hundreds of pounds in a matter of minutes.
I’ve had to justify matched betting to a few people recently. I’d just like to say once and for all – MATCHED BETTING IS NOT GAMBLING. I do not endorse gambling. Gamblers risk money in the hope of a win, whether for fun or whether they just can’t help themselves – they’re risking cash each time they place a bet. Matched bettors DO NOT RISK THEIR CASH. The whole ethos of matched betting is that you GUARANTEE A PROFIT every single time. There’s no risk involved. Matched bettors simply take advantage of bookmaker promotions in a way that ensures they make money on every single offer.
A lot of this post assumes that you know a bit about matched betting and how it works. If you don’t, then it might be worth signing up for my beginner course here first.
Finding the offers
I strongly recommend signing up to Profit Accumulator – I really wouldn’t make anywhere near as much money as I do without them.
They find the offers daily and write instructions out in such a way that’s really simple to follow and understand. They have a fantastic customer support network too. All of the Bet365 offer details and instructions are written out in much more detail over there, this post just aims to show you just how profitable these can be.
Bet365 Matched Betting
Bet365 are one of the big guns in the matched betting world. They have the most profitable initial signup offer and regular reload offers for existing customers too. They’re an account that everyone wants to keep hold of and take advantage of as they’re so profitable.
Bet365 Signup Offer
When you first register with Bet365, they offer a really profitable welcome promotion. They used to offer a £200 free bet when you placed a qualifying bet of £200. Sadly those times are gone (for now at least). However, they are currently offering a £100 free bet when you place a qualifying bet of £100. By using the clever calculators from Profit Accumulator, and laying off your bets at a betting exchange, you can guarantee a profit of around £70-£80 from this offer. Not bad for a few minutes “work”!
Bet365 £50 in-play free bet
This is probably the offer that most matched bettors look forward to appearing on the Profit Accumulator forums. These days the offer is invite only, meaning that you’ll need to have received an email or a message within your Bet365 account in order to qualify.
Bet365 offer up to £50 free in-play bet on specific football matches when you place a qualifying bet of £50 on the same match. It’s a really simple offer! There are no minimum odds which means that you can place your bet on whatever you can find the lowest qualifying loss for. Then, once the match starts, you simply place your free bet in-play.
I tend to place my qualifying bet on the favourite team to win. I think this gives me the best chance of qualifying for their 2 Up offer (see below) which can be extremely lucrative! I’ve hit it twice now and make hundreds each time.
Not everyone is offered the full £50 for this offer so make sure you check your emails carefully before attempting.
In this example, you’d make a qualifying loss of £1. Note that I always use Smarkets to lay off my bets because of the lower 2% commission.
So, I’ve lost £1 but I know that once the game kicks off, I’ll have a £50 free bet which will guarantee me a profit overall.
Once the game kicks off, the odds will move about VERY quickly. This makes it really difficult to find close odds and it can be pretty risky. Imagine if you placed a bet on 0-0 and then a goal was scored before you could lay it off! The best way to handle in-play bets is to lay them off at half-time. The odds will be much more stable then. I find that correct score markets are usually pretty profitable and I usually look for odds around 5.0.
In this example, I’ve made a profit of £36.43 from the free bet. When you take into consideration the £1 loss from the qualifier, that’s over £35 profit from a few minutes spent online. That’s what makes this offer so popular!
Bet365 Early Payout (2 Up)
This is another invite only offer, but one that most ungubbed accounts seem to be eligible for. Bet365 offer this promotion on a number of sports, but for ease I’ll focus on football. Bet365 will pay out your bet early as a winner if the team you backed goes two goals ahead. So, for example, say you back Manchester United to win against Chelsea. If Manchester United go two goals ahead at any point in the match, then your bet will be paid out as a winner. There are a number of ways to handle your bets once that happens – all of which are discussed on the Profit Accumulator forum. You can always lock in a profit once your team goes two goals ahead though and this is a really lucrative offer.
Bet365 Horse Refunds
Bet365 have a daily horse racing refund where if you back a winner at odds of 5.0 or greater, you’ll receive a risk-free bet on the next eligible race. This is another offer you can lock-in a guaranteed profit every time. Greyhound refunds work in exactly the same way.