Question 1

What is Matched Betting?

Accepted Answer

Matched Betting is a technique used to cover all possible outcomes by placing opposing bets between bookmakers such as Sportsbet or bookmakers and exchange such as Betfair. The fundamental idea is that little to no risk is taken to secure mostly guaranteed profits using our matched betting calculators.

Question 2

Is Matched Betting risk free?

Accepted Answer

Yes, in most instances. Pure matched betting carries no risk, especially when a bettor has a bonus bet acquired from a deposit offer. Some matched betting requires some risk to acquire additional bonus bets outside of deposit offers. If you take your time and go through each bet slowly there is no risk in the long term. Human errors do occur, this is the only real risk involved e.g. placing the wrong bet, betting with the incorrect stake, etc.

Question 3

How long does it take to set up my bookmaker accounts for Matched Betting?

Accepted Answer

We would estimate filling out the registration form and making your first deposit will take about 5 minutes.

Question 4

How much money do I need to start Matched Betting?

Accepted Answer

We recommend a starting bank of about $250-$300.

Question 5

I have never placed a bet before, is this a problem when it comes to Matched Betting?

Accepted Answer

Not at all! We actually only placed our first ever bet when we started Matched Betting! After a few slow signup bets, you will find your groove and become extremely comfortable with backing and laying. Always take your time when placing bets and moving to the next bookmaker. Ensure you focus your bankroll on the best offers and bookmakers first.

Question 6

Is Matched Betting legal?

Accepted Answer

Matched Betting is 100% legal. Bookmaking in Australia is a big business and matched bettors have an amazing amount of bookmakers to choose from. Bookmakers will entice you to use them over their competitors using bonus promotions and bonus deposit offers. It seems like it shouldn't be legal because of how easy it is to generate a tax-free income, but rest assured, it is completely legal even if it is frowned upon by the bookmakers.

Question 7

I can't seem to access deposit offers for Matched Betting in my state, what can I do?

Accepted Answer

Yes you can. These States will often advertise that they do not offer signup promotions etc, but one can get around these rules.

Question 8

Do I need to be good at maths to be good at Matched Betting?

Accepted Answer

It does help to be good with numbers but it isn't a requirement.

Question 9

When can I withdraw my winnings from Matched Betting?

Accepted Answer

This depends on each individual bookmaker's terms and conditions. Almost all bookmakers have turnover requirements when signing up, these requirements can differ if you've used a deposit offer or have engaged in promotional betting. It is important to check the bookmakers terms and conditions before you deposit so that you are aware of what you need to do to make your funds withdrawable. Some bookmakers can be much more difficult than others when it comes to making your balance withdrawable.

Question 10

Do I pay tax on my Matched Betting profits?

Accepted Answer

No, winnings from betting in Australia and New Zealand are 100% tax-free. This is one of the greatest reasons that Matched Betting in Australia is such a lucrative and rewarding form of secondary income.

Question 11

What is the difference between a back bet and a lay bet?

Accepted Answer

A back bet is placed with a bookmaker on something to happen, whereas a lay bet is placed with an exchange against something to happen.

Question 12

How do I get started with Matched Betting?

Accepted Answer

Getting started with Matched Betting is very easy. Head over to our Start Here page and follow the steps!

Question 13

How much money/profit can I make Matched Betting?

Accepted Answer

The easiest way to make money with Matched Betting is through your initial deposit offers when signing up to bookmakers, it pays to be patient and wait for the best offers before investing your capital. Within your first month or two of Matched Betting in Australia it is very easy to make over $3000 of profit using just deposit offer conversions. By finding even better offers or locating contacts at bookmakers you can easily make more than $5000 in your first few months. After utilising your initial deposit offers for the 80+ bookmakers in Australia, it is a requirement to put in more effort and find additional promotional opportunities to acquire bonus bets for conversion. Within your first year, you can easily expect to make $10,000 or greater with consistent effort.

Question 14

I already have multiple bookmaker accounts, can I still make money when Matched Betting?

Accepted Answer

Don't stress, bookmakers offer incentives such as deposit bonuses to both new & existing customers depending on your profile with them. There are hundreds of opportunities available each week for existing members. Matched Betting Australia helps you identify these opportunities using our promotion calendar and capitalise on them using our calculators.

Question 15

How do I protect my accounts from getting banned when Matched Betting?

Accepted Answer

This is the biggest part of the art form of Matched Betting and is the main thing that separates Matched Bettors who make money long term vs those who only make profits in their first year or two. There are a multitude of ways to protect your accounts and it isn't an exact science. One of the best ways is using private browsers or separate devices on mobile networks to protect your IP address, MAC address and physical address. Another great way is to always spend time doing non-promotional bets on a mixture of sports and racing — bookmakers love it when you just look like another regular customer compared to someone taking advantage. There are many other methods beyond these which we cover throughout our website.

Frequently Asked Questions

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Strategy & profit

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