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Matched betting - I have £100 and no clue!

3 replies

TeslaGirls · 20/09/2019 11:48

I have £100 that I can spare for about a month but I'm really unsure as to whether there is any risk to that £100 as I really need it back (plus more, hence the matched betting!) in about 4 weeks.

I have read and read previous threads but I really need a dummies guide Blush I'm not that great with spreadsheets but getting better - does that mater?

I'm that desperate I even considered just kind of 'employing' someone to place the bets for me and I'll go half - but not sure that's entirely legal Grin

Please, can anyone talk me through it? I won't be starting until Monday Flowers

OP posts:
fromdownwest · 20/09/2019 15:19

matchedbettingblog.com/matched-betting-guide/#.XYTfOChKhhE

Follow this word for word, step by step and you can't go wrong.

It takes a while to get your head around it.

In essence you are using your deposit to get a free bet.
Then bet using your 'free money' to win.
Then on the exchange you bet the opposite, i.e the team won't win - called a 'Lay'

These two will offset each other with a small loss.

On a £30 bet, getting back 80% as cash in hand would be a good result.

HilaryBriss · 20/09/2019 18:17

Join the team profit website, it's free. They have guides that walk you through the whole process and one of them (the one I used) is 'Starting with £100'. The is no risk to your money providing you follow the guides to the letter. Team Profit also have a Facebook group for newbies where you can ask questions and get lots of help.

Why are you waiting until Monday? The weekend is a good time to start, loads of football matches to bet on, not so many on Mondays!

TeslaGirls · 20/09/2019 19:12

THanks both, I've been busy watching profit accumulator videos all afternoon Grin

I won't have any spare cash or time till Monday, so trying to read all I can beforehand. I'll check out team profit ta!

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