The Ultimate Risk-free Matched Sports Betting Guide

Matched Sports Betting Guide – The Ultimate Risk-free betting system

Matched Sports Betting – The System

matched sports betting

Matched Betting – Intro

Matched Betting Guide Including Match Bet Calculator and Odds Finder.

First of all, we wish to welcome you to the Match Betting Guide. This is a guide dedicated to help and assist eager individuals to get into the game of match betting. Here you will find many simple tutorials guiding you through the different methods used to cash out the bookmaker bonuses.

What is Matched Betting?


matched betting guides and tutorials
Matched betting is a simple method to make money from bookmaker free bets.

Matched betting, also referred to as match betting or double betting, is a method used to make a guaranteed profit from bookmaker bonuses and incentives. There are hundreds of online bookmakers fighting to get customers to place bets with them. One way they do this is by offering incentives and sports promotions, such as a sign-on bonus. For example, Coral will offer a £20 free bet if you place a £5 bet with our own money. Using our simple methods and techniques, we will convert this into an easy £15 profit that will take less than fifteen minutes.

Matched Betting is legal. It’s Tax-Free and It works!

There are hundreds of sign up offers, all of which can be cashed out for profit. Our odds finder and calculator will also guarantee that you get the best value out of the free bets, maximising your profits. By following our matched betting tips, you will be sure to make easy money week in, week out.

Try out Profit Accumulator for a more professional matched betting service.

If after reading the guide you still don’t understand something, don’t hesitate, ask us via the contact form!

Many online sportsbooks offer signup promotions in the form of a free bet or a bonus to attract new customers. Unfortunately, it’s not possible to simply cash them out. To withdraw a promotion you have to fulfill withdrawing rules or terms. These mostly include rollover requirements, minimum odds and even betting on multiple bets before withdrawing is possible.

Fortunately, there is a way by using technique called Matched Betting you can easily and without taking any risk (Betting is risky stuff – This Is Not) profit from these promotions.

What this Matched Sports Betting technique is about?

The key in matched betting is to cut off possibility of losing a bet. To do that you just bet two bets on two opposite outcomes. Nothing is lost and nothing is won.

In order to receive a promotion most bookies require a qualifying bet to be placed and some more bets placed to withdraw the money. The key in this system is to place these two opposite bets until qualifying and withdrawing requirements are cleared and the promotion is yours!

  • If you do this in the same bookie, then most likely your account will be closed very soon as it’s against rules of almost any bookie. So to do matched betting you need two bookies or even better – one bookie(where promotion is) and the betting exchange.

Here is an example of how this works. We’ll assume that both bets at the bookie lost but won at the Exchange.

Matched Sports Betting Example One

In the end you get 10$ more to starting sum. There aren’t any withdrawing restrictions on the Exchange. Once all the money is there you can withdraw money to your bank account!

Here is another example, we’ll assume that all our placed bets won at the bookie. We’ll as well assume that the bonus needs to be rolled over 3 times prior to withdrawing.

Matched Sports Betting Example Two

Surly last example isn’t common, mostly you will not constantly win only at one sportsbook, but the point still stands – you should bet until rollover requirements at the bookmaker are met and withdraw is possible or all cash at the bookie is lost(moved to the exchange).

How is a betting exchange different from a bookie?

The difference is in types of bets you can place at both sportsbooks:

Bookmaker – Possibility to place bets for something to happen. i.e. to Back something.

Betting Exchange – Gives possibility to place bets for something to happen and for something to not to happen. i.e. to Lay something.

Using a betting exchange over other regular bookies to match bets gives you following advantages:

  • Betting exchanges are more trustful – they will not limit your stakes or close your account if you win or bet too much.
  • Much easier to find and calculate bets – If a bookie is used – you’ll need to place multiple back bets in order to match a bet. For example in a soccer match to bet against team A to win, you’ll have to back B team to win and also back the draw. Imagine what if you bet on correct score markets? There is around 20 outcomes! If exchange is used, you just need to find the same bet as in the bookie and just lay it!

Of course you can use betting exchange all the time for every promotion. There will be many times where you lose all bets at the bookmaker and win at the betting exchange and there will be no need to even fulfil the withdrawing rules.

You just need to verify your account and you can take money out of betting exchange at any time. In order to verify Betfair account go to My Account->My Profile and follow instructions.

Another aspect you should take into account is different odds in the bookie and in the betting exchange.Read more about the Odds Read more about Lay Betting

I would recommend staying in an odds margin of 0.05 if betting at odds of 2.0 – 3.0 and a bit larger margin if odds are 3.0 and more.

Types of Promotions and Qualifying Bets

All promotions can be assigned to two categories:

  • Free Bet Stake Returned (Free Bet SR) – Free Bet Stake Returned also called a Bonus. This type of promotion is given to as additional funds to bet with.
  • Free Bet Stake Not Returned (Free Bet SNR) – Free Bet Stake Not Returned, also simply called a Free Bet. A bookie will only return winnings not the stake. For example, You use Free Bet SNR to bet £10 at odds of 1.5, if you win you’ll get £5 (initial £10 stake will be gone).  Free Bet SNR value is equivalent to Free Bet SR value divided with 2.

Some bookies will grant a promotion straight after deposit is made, but some will not they’ll require a qualifying bet.

Qualifying bets

Qualifying Bets can be assigned in two categories:

  • To receive a promotion you have to place a bet. After bet is settled you receive a promotion. Use “Free Bet SR” in Matched Betting Calculator.
  • To receive a promotion you have to place a bet and lose. Promotion is not given if bet wins. If you encounter this type of promotion use “Free Bet SNR” in Matched Betting Calculator.

Learn how to use Matched Betting Calculator

Free Bets List

To find all free bets easily. nrbetting.com provides a Free Bets list. There you can find all the available promotions offered by online bookies.

When you start clearing free bets I recommend you to start with smallest promotions and then proceed to the biggest ones. So choose 1-20 value. Also you can sort promotions from smaller to bigger ones.

I also advise you to start with 100% promotions. 100% means that if you deposit $100, you’ll be granted $100 free bet SR or SNR. After you’re done with 100% ones why shouldn’t collect 50% or smaller ones, as after clearing all the 100% you’ll have decent bank and ones less than 100% shouldn’t give any trouble and take much time.

As country select country where you live in.

If you want more advanced filtering press “Advanced >>” and select needed options, but for regular promotion extracting you don’t need to use advanced.

When SUBMIT is pressed, you’ll get list of all promotions according to details entered. Also you can see if it’s a SNR or SR free bet, so you know what to use in the calculator.

 Step by Step Example

1. Scan documents which confirms your identity and address. Some bookies will want to confirm your age and address. Don’t worry this is 100% safe, especially if you use our free bets list. We tested all bookies.

2. Create a new email. You will receive many emails, it’s better that a bookmaker sent emails will be separated from your other emails, there will be a lot of junk too. Always subscribe at every bookie you register as sometimes bookies will give you second free bets or other promotions.

3. Register at MoneyBookers. MoneyBookers is an online payment system, similar to PayPal. Some bookmakers will give you a bigger bonus if you deposit money with MoneyBookers. Also, it will be easier to manage your money separately from other transactions. Deposit at least £10.

4. Get familiar with Matched Betting Calculator.

5. Register at Betfair. Deposit £20.

6. Go to Free Bets list and choose smallest value category(1-19).

7. As first Bookie we’ll choose PAF, the value of the promotion is only £4.34, so you’ll not risk big money if you mess something up at your first try.

Press claim, you’ll see the description of the free bet promotion. It says that you have to deposit and bet a free bet of at least €10 and if it loses, they refund it.

So our first bet actually is Free Bet SNR as it’s refunded if lost.

8. Deposit €10 (that’s around £9), you can deposit via MoneyBookers.

9. Next task is to find the same bet in IASbet and Betfair with small odds margin and calculate lay stake. Remember you’ll have to back same event in the bookie and lay the same event in the exchange. Just browse both sportsbooks and find bets.

If you don’t see “Lay” tab, be sure to enable following option:

Matched Sports Betting

I found a match between Ary United and Raith Rovers. Odds at the Paf are 2.25 but at Betfair 2.28:

The margin between odds is quite decent, but sometimes if you’re lucky, it’s possible to find lower odds in Betfair than in a bookie, so that you make even more profit.

My money balance at Paf is €10 so I’ll bet them all, if I lose I’ll receive refund of €10.

To calculate the amount of lay stake I need to place at the betting exchange, I’m using the Matched Sports Betting Calculator:

I use Great Britain Pounds as my currency at Betfair, I need to convert EUR to GBP:

10. Now I know both stakes and I can place both bets – Back Raith Rovers at PAF and Lay Raith Rovers at Betfair:

Press “PLACE BET” and confirm the selection. Now do the same at Betfair:

Click “Place Bets” and confirm the bet.

11. Now we have to wait for bets to settle. In my case Ary United won the match. So bet at the bookie lost but at the exchange won. So I got € 10 refund and now I’m richer by £4.88 (€5.61)

There isn’t any rollover requirements at Paf so it’s straight cash refund and can be withdrawn at any time.

12. Next step is to withdraw money to MoneyBookers.

  • Here is a table like before to summarize this process better. Note that I didn’t convert to pounds!

That’s it after you’re done with the first bookmaker move to the next one and so on…

Below is a video that explains the whole system too.


Opening Offers (Sign Up Offers)


Learn more about matched betting and make money at the same time. We highly recommend you start with the Opening Offers. The tutorials are broken up week by week for simplicity. Every week has various tutorials showing you how to cash out different sign-up offers. Furthermore, you will find more general matched bettor advice, such as mug betting.


Work through the opening offers here. You should make £1,000 in the first four weeks

Matched Betting Tutorials – Week One


You will discover the very basics of matched betting and what it involves. Areas that will be covered include:

The difference between using a back bet and using a lay bet
Qualifying bets and free bets will be explained
How betting exchanges work to protect against risk
How to convert from fractional odds to decimal odds. Decimal odds are used when match betting
An introduction into our Odds Checker software
An introduction into our Matched Betting Calculator
Various other matched betting tips

Beginner Sign Up Offers

Welcome to the first week of the sign up promotions. These beginner sign up offers are the easiest free bets to cash out and are relatively straight forward. Moreover, they are ideal for learning the basics of matched betting and getting grips with double betting.

Firstly, all you have to do is work you way through them one by one, slowly building up your experience and matched betting skills. By the time you’re finished this week’s matched betting training you should feel comfortable with placing qualifying bets and cashing out free bets.

Secondly, try not to get too bogged down with detail. For the current moment it’s simply about learning how to place qualifying bets, free bets, and introducing you to the basic bookmakers.

Matched Betting Tutorials – Week 2


Areas covered this week include:

How to profit from a risk-free bonus offer, these are a popular bookmaker bonus
Why you should accumulate the profits and therefore your bank balance
Mug betting and why it is advised
After completing week 1 of the matched betting tutorials you will now have a good understanding of bookmaker bonuses. The great thing is, we haven’t even scratched the surface. There are many more bookmakers sign up offers and promotions to take advantage of. Hopefully, you are building up the balance in your betting exchange with profits from the first week. This will help you to go for the higher sign-up bonuses.

For week 2 of the match betting tutorials, we shall be running you through more bookmaker offers for new customers. There will be some risk free casino offers and you will also learn how to prepare your bookmaker accounts to take advantage of reload offers at a later point.

Introduction into Mug Betting


Bookmakers are quite conscious about match betters and what we do. Obviously they are not keen on people taking up all of their offers without giving them any value back. So what we must do, is to place the odd bet here and there which don’t belong or relate to any offers. This fools the bookmakers in thinking you are the standard mug punter spending your last £10 on your favorite team! In fact, in the matched betting industry – these bets to fool the bookkeepers are called mug bets.

We will cover mug bets at later point in the match betting training, so don’t worry too much about this now, but just be aware that we will be helping you prepare your accounts for long term sustainable income!

In the meantime, crack on with the sign up bonuses:

Matched Betting Tutorials – Week 3


By this week, you should have learned some very good matched betting techniques and should be able to profit from the majority of bookmaker bonuses offered. This week includes slightly more advanced methods:

Free bets requiring rollover
Promotions that require you to place more than one bet
Accumulator refund training, these are single bets placed on more than one leg
More free bets and bonuses

Now that you have covered a few matched betting guides, you should feel comfortable with cashing out the majority of bookmaker offers, these include:

  • Qualifying Bets
  • Free Bets
  • Risk Free Bets
  • Free Bets with rollover requirements

This week we will expand further on the match betting guides and techniques, these include:

  • Accumulator mug bets (training for ACCA refunds later)
  • Using free bets on accumulators to increase profits
  • More sign up bonuses

Week 3 Offers

Matched Betting Tutorials – Week 4


The final week of training covers the following:

More accumulator refund training
Further bookmaker promotions that require a rollover

Regular Reload Offers
matched betting center
– work from home making money from freet bookmaker bets
Now that you have built up your bank and learned matched betting, it’s time to hit the reload offers!

Once you have completed the matched betting training, you should be ready to carry on with the regular reloads that we will share. This is where you will make ongoing profits, month in / month out.
If you have come this far in the matched betting training, you should have made the best part of £750 profit. Not bad from a few hours every day.

This week we shall cover the final part of your match betting training before releasing you into the matched betting world! This final bunch of bookmaker offers are probably the most difficult, or long winded, that you’ll encounter. On this basis, don’t feel that it’s an up-hill struggle after this point. Far from it.

Once these bookmaker sign up bonuses have been completed, your focus should then be targeted towards accumulator refunds. Bookmakers will also regularly email you with more promotions every day. The majority of these you can cash out with ease.

Matched Betting Offers – Week 4

Bonus Offers(Final)
Move onto regular offers once you’ve finished all of the training.

  • Apollobet lose £10 get £5
  • BetMclean lose £10 get £5
  • Novibet lose £25 get £25
  • Seaniemac
  • leovegas

Tools and FAQs


As a matched bettor, it can be easy to lose your track, especially when you will be placing tens of bets each day. With our matched betting tools, you have all the help you need:

Matched betting tips

  • Odds matching software that guarantees the best odds
  • Matched betting calculator
  • Spreadsheets to help you keep a track of your profits
  • Various other articles and guides helping you get the best from your bookmaker accounts


Tools & FAQ (Final)
Spreadsheets, tools & FAQs to keep you organised on the way

Again, don’t forget you can request personal help in our forum where you will find like minded individuals.

We supply our own free match betting calculator as well as an Odds Finder. Furthermore, our spreadsheet will help you keep a track of your profits.

Matched betting is fun, it’s enticing, it’s risk-free, it makes money! Like many things, it does have a slight learning curve, but nothing in life comes for free. Covered on Money Saving Expert (mse matched betting), this is a Tax-free way to earn money working from home.

Matched Bet Calculator


See the notes below on how to use the Bet Calculator

Matched Sports Betting – How the Betting Calculator Works
The bet calculator has one primary function. This is to calculate the lay stake to place on the betting exchange when laying off your back bet. In addition to this your liability is also calculated and displayed. The liability is what you need in your betting exchange to cover the lay bet.

The lay calculator also doubles up as a profit calculator. When using the using the lay bet calculator, it also displays the guaranteed profit. This matched betting calculator is an essential tool for matched bettors when backing and laying bets.

Bet Calculator – Backing and Laying Examples
Normal Matched Bet (Qualifier Bet / Arb Bet)
Bet Calculator – Showing Bookmaker Stake, Bookmaker Odds, Exchange Odds, Exchange Commission. Calculates the Profit
The Match Bet Calculator in use. We have a normal bet which would be a typical example of a qualifying bet. We are losing a small amount, but this qualifies us for a free bet that we can cash out

This type of matched bet (normal bet), would usually be used when placing a qualifier bet. I.e. a bet that is initially placed with the bookmaker that qualifies you to receive a free bet later. Let’s look at an example.

So we have entered five pieces of information into the matched bet calculator:

Bet Type: Normal (used when placing a qualifying bet)
Bookmaker Stake – This is the amount of money you are placing on the bet at the bookmaker (the back bet)
Bookmaker Odds – The odds that have been offered by the bookmaker in decimal format
Exchange Odds – The current odds on the betting exchanges, i.e. Betfair / Smarkets
Exchange Commission – If you’re using Betfair to lay off the bet, the rate is 5%. Smarkets is 2%
In this example, we’re backing a bet at odds of 3.0 for a stake of £25. We’re laying the bet off at Betfair at odds of 3.1 with exchange commission of 5%. The lay bet calculator produces the following information:

You could lay £24.59
Liability should be £51.64
Bookmaker Bet wins position : – £1.64
Exchange Lay wins position: – £1.64
Let’s go through these pieces of information in detail.

Lay Stake
This is the amount to be entered in at Betfair as a lay bet. It’s essentially the amount of money we will win before commission if the back bet loses. The lay bet is the bet that protects us from losing the back bet at the bookmaker.

Liability
The liability is the amount needed in your exchange account to cover the possibility of the lay bet losing (or the back bet with the bookmaker winning). See below

Positions
With this bet, there are two outcomes. Our bet can win at the bookmakers, or the bet can lose. The positions are detailed below:

Bet wins at bookmaker
Profit at bookmaker = £50 (£25 x odds of 3.0 less stake of £25)
Loss at exchange (liability) = £51.64
Net loss = £51.64 – £50.00 = £1.64
Bet does not win at bookmaker
Loss at bookmaker = £25
Profit at exchange = Lay Stake £24.59 – 5% = £23.36
Net loss = £25 – £23.36 = £1.64
The lay calculator essentially calculates the ideal lay stake to lock in the position, regardless of the result. Most “normal” bets will result in a small loss like this, but as you will find in the matched betting training guides, these normal bets are used to unlock the free bets which carry a much higher value! Take a look at the next example of a free bet.

Matched Sports Betting – Free Bet Calculator (Stake Not Returned)
The second type of bet we will look at, and also our favourite, is the free bet! This is where the money is made. Let’s presume for this example, the bookmaker has given us a free bet of £25. It could be a bonus for us placing a qualifying bet like the example above. The free bet calculator is shown as follows:

Lay Calculator for a Free Bet – Showing Profit made. This is a Stake Not Returned Bet
Example of the Matched Betting Calculator working out the profit of a Free Bet (SNR)

This time, the five pieces of information entered into the match bet calculator:

Bet Type: Free Bet (SNR)
Bookmaker Stake – This is free bet being placed at the bookmaker (the back bet)
Bookmaker Odds – The odds that have been offered by the bookmaker in decimal format
Exchange Odds – The current odds on the betting exchanges, i.e. Betfair / Smarkets
Exchange Commission – If you’re using Betfair to lay off the bet, the rate is 5%. Smarkets is 2%
In this example, we’re backing a bet at odds of 6.0 for a free bet stake of £25. This time we are laying the bet off at Smarkets at odds of 6.1 with exchange commission of 2%. The profit calculator produces the following information:

You could lay £20.56
Liability should be £104.85
Bookmaker Bet wins position : + £20.15
Exchange Lay wins position: + £20.15
Like the first example, let’s dig deeper into this information:

Lay Stake
This is the amount to be entered in at Smarkets as a lay bet. It’s essentially the amount of money we will win before the commission if the back bet loses. The lay bet is the bet that protects us from losing the back bet at the bookmaker.

Liability
The liability is the amount needed in your exchange account to cover the possibility of the lay bet losing (or the back bet with the bookmaker winning). See below

Matched Sports Betting – Positions
With this bet, there are two outcomes. Our bet can win at the bookmakers, or the bet can lose. The positions are detailed below:

Bet wins at bookmaker
Profit at bookmaker = £125 (£25 x odds of 6.0 less stake of £25)
Loss at exchange (liability) = £104.85
Net profit = £125.00 – £104.85 = £20.15
Bet does not win at bookmaker
Loss at bookmaker = ZERO – It was a free bet
Profit at exchange = Lay Stake £20.56 – 2% = £20.15
Net profit – £20.15
Likewise with the normal qualifying bet. The lay calculator produces the ideal lay stake to lock in the position, regardless of the result. As we are using a free bet this time, we are locking in a good 80% profit from a £25 free bet. The reason why we can’t cash out near 100% is because for most free bets offered by bookmakers, the original free back stake is not returned with the winnings. This will become clearer with practice.

Free Bet (Stake Returned)
It seems that we need to make an apology. In the section above, we stated that Free Bet SNRs are our favorites. Incorrect! Free Bet SR or free bet stake returned are more profitable, but unfortunately, they don’t appear that often with the bookmakers as promotions. They are essentially the same as a free bet, but as you’ve guessed the stake is also returned, and we can factor this into our profits:

Matched Bet Calculator – Freebet Calculator – Stake Returned – Maximum Profit
Possibly the best of free bets! Having the stake greatly increases the profits from this free bet. We are nearly reaching 100%

For the final example:

Bet Type: Free Bet (SR – Stake Returned)
Bookmaker Stake – This is free bet being placed at the bookmaker (the back bet)
Bookmaker Odds – The odds that have been offered by the bookmaker in decimal format
Exchange Odds – The current odds on the betting exchanges, i.e. Betfair / Smarkets
Exchange Commission – If you’re using Betfair to lay off the bet, the rate is 5%. Smarkets is 2%
In this example, we’re backing a bet at odds of 2.3 for a free bet stake of £25. This time we are laying the bet off at Betfair at odds of 2.35 with exchange commission of 5%. The profit calculator produces the following information:

You could lay £25.o0
Liability should be £33.75
Bookmaker Bet wins position : + £23.75
Exchange Lay wins position: + £23.75
Like the previous examples, let’s dig deeper into this information:

Lay Stake
This is the amount to be entered in at Betfair as a lay bet stake. It’s the amount of money we will win before the commission if the back bet loses. The lay bet is the bet that protects us from losing the back bet at the bookmaker.

Liability
The liability is the amount needed in your exchange account to cover the possibility of the lay bet losing (or the back bet with the bookmaker winning). See below

Positions
With this bet, there are two outcomes. Our bet can win at the bookmakers, or the bet can lose. The positions are detailed below:

The bet wins at the bookmaker
Profit at bookmaker = £57.50 (£25 x odds of 2.3)
A loss at the exchange (liability) = £33.75
Net profit = £57.50 – £33.75 = £23.75
The bet does not win at the bookmaker
A loss at bookmaker = ZERO – It was a free bet
Profit at exchange = Lay Stake £25.00 – 5% = £23.75
Net profit – £23.75
Likewise with the qualifying bet and free bet. The matched bet calculator produces the ideal lay stake to lock in the profit, regardless of the result. This time the free bet is stake returned, which allows us to cash out an even greater profit.

Matched Betting Calculator – Summary
We hope this provides much sought after advice when it comes to using our matched betting calculator. Like many areas, it will get easier with practice. By the time you work through week two of the matched betting tutorials here, you should be very comfortable with not only laying bets but also tweaking the odds to maximize your profit.

Matched Betting Spreadsheet


Matched Betting Spreadsheet to record and calculate all of your bookmaker bets and bonuses.
Keep track of your bets with the Matched Betting Spreadsheet
Like yourself, once we started to get some momentum in matched betting, we found it quite overwhelming to keep track of all our bets. What our bookmakers’ balances stand at proved difficult. Even simple things like keeping a record of usernames and passwords raised concern. On this basis, we have provided you with a matched betting spreadsheet to help and assist you with such a problem.

You will need a spreadsheet application such as Microsoft Office to open and use this spreadsheet. However, if you do not have this installed on your laptop or computer, you can download OpenOffice for free. This works absolutely fine, and also works on Windows as well as Mac. We are working on a Google Sheet solution, which will arrive soon.

Matched Sports Betting – Spreadsheet Guide

matched betting


The spreadsheet is fairly simple to use and also comes with an example betting sheet with a sample of bets that we have placed earlier.

To record a bet, simply enter:

  • The time you placed the bet
  • The date you placed the bet
  • The bookmaker and the exchange
  • What event you are betting on
  • What result you are backing
  • Enter the back odds
  • The lay odds
  • The lay commission
  • Enter “Y” if it’s a free bet
  • Finally, enter the back bet amount.

The matched betting spreadsheet will then calculate your lay stake, your liability, and the profit and loss you will make. Furthermore, when the match or race you have backed has finished, you can enter “Y” or “N” depending on whether your back bet has won or lost. The spreadsheet will then calculate the movements in your exchange and bookmaker.

The match betting spreadsheet works for calculating qualifying bets and free bets. At the current moment in time, it does not calculate risk free bets, but this will come in the next update.

You will also note that the sheet tallies up your total profit and loss for your entire matched betting history. Feel free to post your results in our forum as this will further motivate yourself and our other members to make even more money.

Matched Sports Betting – Accumulators – 2 Legged Example


Accumulator Training. This section will teach you about accumulator bets. These are bets that are placed on two more selections. ACCAs are a great way to earn money from Matched Betting


Accumulator Training – 2 Leg Mug

You’ve probably heard us mention accumulators (ACCAs) a few times now. They can be a huge revenue stream when it comes to your matched betting income. On this basis, they must be taken seriously. The earnings from ACCA bets alone can easily amount to £1,000 per month.

First of all, let us briefly explain exactly what an accumulator bet actually is. An accumulator is a bet that involves a selection of two or more events (or legs) for them all to win. If an ACCA was placed on five events but only four of the events won, the winnings would be nil. All of the events need to win for the ACCA bet to win at the bookmaker.

The way matched bettors profit from ACCAs is by taking advantage of the bookmaker accumulator refunds to entice gamblers to take a punt on ACCAs. The majority of these promotions offer a refund if just one of the events fail. So in our example above, if we placed a £50 bet on an ACCA with five legs, but only four legs won, the bookmaker would refund our £50 as a free bet. Don’t worry too much about this yet, we shall cover this in more detail further in week 4. For now, we shall place a two legged mug ACCA bet.

Placing and laying an ACCA Mug Bet – Accumulator Training
The first ACCA bet in our accumulator training will generate a small loss depending on what odds you have selected. This ACCA will also not be tied to a refund so we will have to accept the loss.

The reason for this is because the majority of ACCA refund bonuses only apply if certain conditions are met. Usually the number of legs need to be at least 5-6. And so for the purpose of keeping the accumulator training simple, accept a small loss. The bookmaker will value this bet as it will be treated as a mug bet. This will also prepare your account to take advantage of the regular ACCA refunds at a later point.

We have attached a spreadsheet below that will help you with your ACCA bets, this is a simplified version of the full ACCA spreadsheet that you will use later and some areas have been hidden. The most important information to know is that the yellow cells are for you to complete, everything else is automatically calculated for you.

When it comes to betting on ACCAs, the number 1 rule is that the matches must be placed at different times, with at least 3 hours between each event. This allows us to lay off each leg of the ACCA depending on what happened with the previous leg. If we picked matches at the same time, it is not possible to lay off an ACCA with an exchange. This again will become clearer over time.

Accumulator Spreadsheet


In the spreadsheet attached, you will find two sheets. The “Week 3 Training” tab is the worksheet you will use. The “Example” tab is used to explain an example below.

First things first, we will choose William Hill to place an ACCA with. Open up the oddsmatching software, select William Hill and filter the odds for less than 2.0 and find two good matching events that are more than three hours apart. In our case we had found two football games:

Hull v Sheffield Wednesday – Hull to back at 1.80 and 1.82 to lay off at the exchange
Barcelona v Sevilla – Barcelona to back at 1.20 and 1.21 to lay off at the exchange
We then enter the events into our spreadsheet, together with a back stake of £25. In your case you can change your back stake, but keep it low between £20-£30

  • The date
  • The time
  • What event it is
  • Who we are backing with the bookmaker
  • The back odds
  • The lay odds
  • The lay commission


Once these have been entered, the sheet will calculate your loss on this ACCA, in our case this is £1.26. I would advise you not to accept a loss of more than £2.00 on this particular ACCA. Finally, make sure that you have enough liability in your exchange to cover the ACCA if it wins (shown in the spreadsheet as “Liability Needed”).

Matched Sports Betting – Placing the Accumulator Bet


The next step of your accumulator training is to then place the ACCA. Log in to William Hill, find the first event and click on the result that are you backing. This will then appear in your bet slip as normal but DON’T place your bet yet. Next, find the second event in William Hill and again click on the result that you are backing. Now you will notice that the bet slip is displayed differently, with a section below for “Accumulators / Multiples.” We then need to place our back stake on the double. The back odds of the double should be the same back odds on your spreadsheet. Enter the back stake in the double section, then place the bet.

Laying off the First Leg


Next, we need to lay off the first leg of the ACCA, in our case this is Hull to beat Sheffield Wednesday. Our spreadsheet will tell you what your recommended lay stake is. Open up your exchange and find your first event. It is not uncommon for lay odds to change during accumulators as they often run over a number of days, if you find the odds have changed, update the lay odds on your spreadsheet, then the spreadsheet will update itself with what the new recommended lay stake should be, the profit/loss will change slightly but this is normal. Once you have agreed the lay stake with your spreadsheet, lay off the first leg using the recommended lay stake, and enter your lay stake in the actual lay stake column.

We now need to wait to see what happens with the first leg. In our case, our first leg had won (i.e. Hull had beaten Sheffield Wednesday), we should now enter “W” in the result column. If you first leg had lost, your ACCA is now “dead” you do not need to lay off the second leg and this ACCA is over. If, for example, in our case Hull did not win, we would have lost £25 with William Hill, but won £23.74 in the exchange, the loss being £1.26 (£25.00 – £23.74). As our first leg actually won and now having placed “W” in the result column. It is now time to lay off the second leg of the ACCA which is Barcelona v Sevilla. First we must load up our exchange and confirm the lay odds are the same. Update your spreadsheet with the new exchange odds for the second leg if they have changed. Finally lay off the second leg using the recommended lay stake. It is now time again to wait for the result to come in.

Matched Sports Betting – Laying off the Second Leg


Either two things will happen:

your second leg will win which means the ACCA has won (increasing your balance at William Hill, but decreasing your balance at the exchange)
Or the second leg has not won, which means that you have lost your back stake at the bookmakers, but won at the exchange
The net loss between William Hill and the Exchange will be equal to the loss shown in the spreadsheet. No matter what happens with the ACCA, as long as you lay off the recommended lay stake, your effective profit/loss will be as shown in the spreadsheet.

In our example, both Hull and Barcelona won, so our ACCA won with William Hill. Our winnings at William Hill were £29.00, but we lost £30.27 (£20.49 + £9.78) at the exchange. This means that this mug ACCA bet lost us £1.27. Again as detailed on the spreadsheet

For our example, we have copied the sheet three times to show you ALL possible outcomes of this two legged accumulator, these should be used for your reference.

Links
Download spreadsheet here ACCA Week 3 (2 Legged Mug)
If you don’t have Excel on your computer, please check out our Tools Page for a link to some free spreadsheet software.

Accumulator Training Summary


Hopefully, your first taste of accumulators hasn’t gone too bad! If it seemed complicated DO NOT PANIC! Our team of professionals was all scratching our heads once upon a time when we were first introduced to this particular method of match betting. The best advice we can give, however, is to give it practice, practice makes perfect. The above example was for William Hill, but we would definitely recommend trying another two or three ACCAs with bookies such as Paddy Power, Ladbrokes, and Coral. The more accumulators you do, the easier it will become. Also with more accumulator training later, this will become easier.

When you’ve completed the accumulator training in week 4, we hope you will be in a position to hit the bookmakers hard with ACCA refunds. Without going into too much detail, it takes on average about 15 minutes to find an ACCA with a bookmaker (that meets their requirements), and on average these can profit about £5 each. Just doing seven of these particular ACCA offers every day will bring in about £35 profit on average, equalling £1,000 per month. That’s £1,000 per month for just two hours work each day. This is in addition to the other regular refunds bookmakers supply on a day by day basis.

If you still have trouble understanding something or finding bets ask by contacting us! We’ll be happy to Help You!