Matched Betting 101 The Risk-Free Way to Earn Money as a Side Hustle

Looking for a tax-free side hustle that allows you to earn some extra cash? Matched betting might be the answer you’ve been searching for – and lucky for you, I’ve put together my ‘Matched Betting 101’.

Matched betting is a strategy that enables individuals to make money from online bookmakers and casinos by taking advantage of their promotional offers. Unlike traditional gambling, matched betting eliminates the element of chance and ensures a risk-free approach to earning money. 

In this matched betting 101 blog post, we will explore why it’s an ideal side hustle for those seeking a reliable and low-risk income stream.

Let’s get into it…

Matched Betting 101: What is Matched Betting?

Matched betting involves placing two opposite bets on different outcomes of a sporting event or casino game to cover all possibilities. By utilising the free bets, bonuses, and promotions offered by bookmakers and casinos, individuals can guarantee a profit regardless of the outcome. Matched betting relies on the principle of laying and backing bets, effectively cancelling out any potential losses and ensuring a positive return on investment.

Matched Betting 101: The Benefits of Matched Betting as a Side Hustle:

Risk-Free & Tax-free Income:

One of the most significant advantages of matched betting is the elimination of risk. Since you cover all possible outcomes, your bets are effectively “matched” against each other, ensuring that you neither win nor lose money in the traditional sense. The profit comes from the free bets and promotions provided by bookmakers and casinos. 

If being risk-free wasn’t enough for you, did you know all of your winnings are also tax-free? I wrote a whole post on this, you can find it here.

Flexible Time Commitment:

Matched betting offers flexibility in terms of the time commitment required. As a side hustle, you have the freedom to choose when and how often you want to engage in it. Whether you have a few spare hours each week or prefer to dedicate more time, matched betting can fit around your schedule. 

This flexibility makes it an ideal option for students, stay-at-home parents, or anyone looking to earn extra income without compromising their existing commitments. However, it is fully possible to earn a full-time income via Matched Betting. I’ve personally made more than 6-figures in the last 3 years. See my betting reports here.

3. Low Start-Up Costs:

Possibly my favourite part of the matched betting 101 tricks – Unlike other side hustles or investment strategies, matched betting requires minimal start-up costs, £500. You don’t need a large initial investment to get started. In fact, you can begin with a small bankroll and gradually build it up over time. 

The low entry barriers make matched betting accessible to individuals from various financial backgrounds. As you make profits, I’d always recommend you reinvest them as it will allow you to scale up your earnings.

No Prior Experience Required:

Another appealing aspect is that it doesn’t actually require any prior knowledge or experience in sports or gambling. 

You don’t need to be a sports expert or have in-depth knowledge of teams and players. The strategy is based on mathematical calculations and specific steps to follow, making it accessible to anyone willing to learn and follow the process. 

There are plenty of resources, guides, and online communities available to help beginners get started and succeed in matched betting. I’ve put together a list of the top communities and forums here.

Consistent & Scalable Income:

Matched betting provides a reliable and scalable income stream. With a systematic approach and consistent execution, you can generate a steady income over time. 

As you become more proficient and familiar with the process, you can scale up your earnings by taking advantage of more advanced strategies and exploring additional promotions. The availability of reload offers, ongoing promotions, and loyalty programs ensures a continuous stream of income for matched bettors.

With proper guidance, education, and discipline, you can turn matched betting into a profitable side hustle that allows you to achieve your financial goals without taking unnecessary risks. In my opinion, Matched Betting is the best risk-free way to earn money as your side hustle, and the fact it’s completely tax-free is a bonus!

Now that you’ve read my matched betting 101. I’d recommend checking out some of my other posts, like The 10 Best Matched Betting Tips To Earn £500 A Month or if you need to improve your knowledge first, check out Matched Betting Terminology.

If you know what you need to know, then just go for it and sign up to some platforms and get going!! I’d recommend OddsMonkey and Outplayed for those newbies out there. Or BetBurger if you’ve already dabbled a little (and were just reading this to refresh your knowledge with my matched betting 101).

Happy Matched Betting!


These are my opinions, there is always risk when it comes to betting so please ensure you do your research and don’t spend more money that you may be willing to lose – especially when starting out. Nonetheless, I hope you enjoyed my matched betting 101

Thank you for ready my matched betting 101 – if you have any questions, feel free to shoot me a message on Twitter or Instagram.