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Make risk-free profits using bookmaker promotions with the best UK matched betting platforms, helping you earn cash by using free bets and offers.
Best Matched Betting Software
Discover the best places to learn matched betting, access tools and receive regular offers to complete:
OddsMonkeyBest Overall
OutplayedTop Pick
AiProfitFree PlanWhat Is Matched Betting?
Matched betting is a risk-free way to profit from bookmaker promotions. By placing two opposite bets – one with a bookmaker (back bet) and one on a betting exchange (lay bet) – you can ensure a guaranteed return, turning free bets and offers into real cash.
Find the Best Sign-Up Offers
Click here to view a table of the latest bookmaker sign-up offers and promotions.
How Does Matched Betting Work?
The process is straightforward:
✅ Find a bookmaker offer – Many bookies offer free bets for new and existing customers.
✅ Place a qualifying bet – Bet on an event to unlock the free bet (covering potential losses).
✅ Use a betting exchange – Lay the same bet to cancel out any risk.
✅ Place the free bet – Use the free bet to repeat the process, securing a profit.
✅ Withdraw your winnings – Cash out your earnings and move on to the next offer!
A great way to start Matched Betting is via Oddsmonkey which offers the best tools and resources to start Matched Betting.
Why Do Bookmakers Offer Free Bets?
Bookmakers use free bets to attract new customers and keep existing ones engaged. While they hope customers will continue gambling, matched bettors use these promotions strategically to extract profit without taking risks.
Who Can Benefit from Matched Betting?
Matched betting is ideal for:
✅ Anyone looking for a tax-free side income
✅ People comfortable with placing bets online
✅ Those willing to follow a structured process
✅ UK residents with access to betting sites and exchanges
How Much Can I Earn from Matched Betting?
Earnings depend on the number of available offers and how efficiently you complete them. Beginners can make £500-£1,000 per month, while experienced matched bettors can earn even more.
Oddsmonkey is a great start for Matched Betting, instantly finding the best bets to place with great step by step guides.
Free Oddsmatcher
Powered by AiProfit, this free OddsMatcher tool helps you find matched betting opportunities by comparing bookmaker and exchange odds. Use it to understand potential qualifying losses, free bet returns and the possible profit available before placing your bets.
Free Matched Betting Calculator
Before paying for matched betting software, you can use our free OddsMatcher tool below to explore how matched betting works. It helps you compare odds and understand how qualifying bets and free bets can be converted into guaranteed profits.
Lock in profit via a lay bet on the exchange, or by dutching across multiple back bets.
Lay stake
£9.65
Liability
£40.54
If back wins (bookie)
-£0.54
If lay wins (exchange)
-£0.54
Qualifying loss / profit
-£0.54
Rating: 94.6% (closer to 100% = smaller qualifying loss)
Frequently asked questions
Do I need to know about sports betting to do matched betting?
No, matched betting is based on maths, not sports knowledge. As long as you follow the steps correctly, you can profit.
Want to master matched betting? Check out our Matched Betting Course here for step-by-step guidance on making consistent profits.
How much money do I need to start?
A small bankroll of £50-£100 is enough to get started. This allows you to place qualifying bets and access free bet offers. The more money you have, the more offers you can do at once.
Can I do matched betting on my phone?
Yes! Many bookmakers and exchanges have mobile-friendly sites and apps, making it easy to place bets on the go.
How do I withdraw my profits?
Most bookmakers and betting exchanges allow withdrawals via PayPal, bank transfer, or other payment methods.
Will bookmakers ban me for matched betting?
Bookmakers can limit or restrict accounts if they detect consistent matched betting. Spreading activity across multiple sites helps reduce this risk.
Here’s our guide on how to stop your betting accounts getting banned.
Can I do matched betting if I live outside the UK?
Matched betting works best in the UK due to the number of bookmaker promotions. Some countries have similar offers, but availability varies.
What do I do when I have completed all the sign up offers?
Once you’ve completed the sign-up bonuses, you can move on to reload offers, which bookmakers provide to existing customers. Another option is value betting, where you place bets that have a positive expected value over time.
Learn more about value betting here.