Matched Betting is often subject to many misconceptions to beginners. The idea of profiting from bookmakers without risking a penny seems too good to be true. At Matchedbettingclub, we provide all the information to start your Matched Betting journey, including offering to do the work for you! Below are some of the most commonly misunderstood areas of Matched Betting.
Is Matched Betting illegal?
No, it is not illegal, instead just a clever way of hedging your bets to secure profit regardless of the real life outcome. All your are doing is making the most from the free bets, promotions and odds offered by a bookmaker.
Does Matched Betting affect your credit score?
No, gambling does not show up on your credit history. Your credit score is based on your ability to borrow and pay back money. It doesn't make judgements on how you spend the money you have. So, gambling itself doesn't have any impact.
By following our strategy we remove all elements of gambling. The nature of matched betting is entirely risk free, however signing up to 'gambling' sites will have no affect on your credit score
It's too good to be true
Matched Betting is not too good to be true, it certainly works. However it is not a get rich quick scheme, and will not make you rich overnight. It can be a perfect top up to your income as a part time side hustle.
Matched Betting is too time consuming
There is slight truth to this rumour, however the time spent looking for Matched Betting opportunities will reflect your monthly profit. The more time spent, the more money to be made. The time consuming element of Matched Betting should never be a deterrent. Our recommendations offer to do all the work for you, and have Matched Betting notifications delivered directly to your phone.
Is Matched Betting risky?
Matched Betting is entirely risk free if performed correctly. The only ways of losing money are through human error, or a lack of bookmaker understanding. These potential risks are outlined in our risks post here.
Is Matched Betting complicated?
Matched Betting is extremely simple. Our resource hub offers you the perfect guides to read before getting started. Once you have grasped the fundamentals, the profits are endless!
How much money is needed to start?
In summary, the more the better. A small bankroll will leave you in situations where you are waiting for your previous Matched Bet to settle before you have funds to place another. However this should not be a discouraging factor, as you can make a start with any size bankroll. We would suggest £30 as enough to begin.