LAST UPDATED 25th March, 2017
Profit Accumulator is a matched betting service based in London. They teach their members the concept of matched betting, and provide them with the tools, offers, and support needed to make a regular second income from home.
The Profit Accumulator membership includes access to all the training, sign-up offers, reload offers, calculator, tools, dedicated support team, and the thriving community forum of fellow matched bettors.
This is my honest and detailed Profit Accumulator review. It was written in February 2015 and I have been a member ever since.
I regularly update this page with news and important details to ensure everything is accurate and answers any questions you may have before joining.
MARCH 2017 UPDATE:
Price Reduction: Platinum Membership is currently £17.99 a month, reduced from £22.99 for both new and existing members.
Introduction
I’ve been into matched betting (MB) for several years now, so when I saw the Facebook ad for this I was pretty intrigued. Profit Accumulator (PA) claims they will teach people the concept of matched betting which will allow them to earn up to £2,000 a month.
They provide all the training, tools, support and community in exchange for a very reasonable membership fee. I decided to join and see if all the hype was justified. My first thoughts: very impressed.
You NEED To Click This Link and Join Before The Price Gets Increased »
Final Results and Verdict In This Profit Accumulator Review
| Free Trial Results | £35 Gain |
| 30 Days Profit/Loss | +£2072 |
| 6 Months Profit/Loss | +£8774 |
| Time Taken | 60 - 90 minutes per day, 2 - 3 hours at weekends |
| Overall Results | Outstanding |
When I joined there were around 2000 registered members. As of writing this today, there’s over 20,000. I’m so glad I joined when I did, it can only be a matter of time until the price goes up.
How It Works
Profit Accumulator involves taking the free money that bookmakers, casino sites & bingo sites offer their members, and GUARANTEEING a risk-free method of making a profit from it.
Once registered and logged in you are shown a list of offers to complete. Each offer will earn you a certain amount of money. They’re split up into beginner, advanced and ongoing. This allows you to be trained along the way and never do anything outside of your comfort zone.
Each offer has written instructions and a video tutorial to guide you along the way. There’s a list that picks out horse races and football matches for you to bet on, and a calculator that tells you exactly how much you need to bet.
It DOES NOT involve gambling as the instructions, bet finder, and calculator are there to eliminate any risk and make this a completely free method of making money.
Readers of this website can try before they buy > CLICK HERE TO REGISTER FOR THE FREE TRIAL.
I was a little sceptical before I joined, so I decided to sign up for the free trial. Within a day I’d made £35 from the free trial which was enough to pay for two months membership. I loved how easy it was and couldn’t wait to make more money from it.
Claim Your Free Trial Account »
Is It All Just a Scam?
Profit Accumulator is not a scam. It is a legitimate website that has been established since 2014. Over 20,000 paid and free members have joined in that time, making it the largest matched betting community on the Internet.
Having been interested in making money online since I was sixteen, I was more than used to seeing these books, systems, and memberships that promise to make you a millionaire. They usually have fake images of expensive cars and mansions and promise you the world. This is not a con like other things you have seen in the past.
PA seemed a whole lot more genuine when I first came across it, compared to other matched betting and money making websites.
A Legitimate Business
- Sam, has a video of himself explaining the whole purpose of the website. His business address and contact details are all listed. This isn’t a one hit wonder, his honesty and openness made me realise it’s genuine and he believes in the system himself.
- PA offers you a free trial to give you a test of the water. Any scam site wouldn’t let you register for free, as you’d probably see through it and never come back. The free trial convinces on average 97% of people that they’re onto something good.
- PA offer a 30-day money back guarantee. So even if you pay, and later decide it isn’t for you, you’re totally welcome to get your money back. Whatever the reason, they are happy to refund anyone who wants their money back, no questions asked.
- If this hasn’t convinced you enough, keep reading and look at some of the screenshots I’ve attached. They’re victory screenshots of my account balances or big, risk-free wins that I’ve made along the way. Not only is PA genuine, it’s fun and exciting when you get about 6 weeks in and start making the big money!
Read Enough? Then Click Here & Join Before The Price Rises »
Is It Easy To Learn and Understand?
Profit Accumulator offers simple-to-understand written, video & audio tutorials on how to complete offers. The instructions are detailed and contain all the information that a user will need. Any further questions are quickly answered via the support channels or in the relevant section of the forum.
The member’s area is laid out in a step-by-step list. Each list item contains either a training article or an offer. An offer contains detailed instructions and a video tutorial on exactly which website to visit and how to extract the free money from it.
They explain the process, show you how to use the calculator, how to place the bet, and how much money you should expect to make.
Its very simple and easy to understand, even for beginners that have never placed a bet before.
Is it Illegal?
The use of Profit Accumulator is completely legal and tax-free.
Of course not! PA teaches you the concept of MB, something which has been around for years. A source at William Hill has said they have absolutely no problem with people MB. Popular news outfits such as The Guardian, The Times,Martin Lewis’ Money Saving Expert, The Huffington Post have all covered the subject and recommend it as a nice little money maker.
Will It Work For Me In 2017?
Anybody over the age of 18 can use Profit Accumulator. It has no limitations or restrictions upon gender, occupation or income.
PA is perfect for anyone, whatever your age, gender or daily schedule. Whether you’re a student with a need of some money or a working professional who only has an hour to spare in the evening, you’ll definitely have time to make a second income from the comfort of your own home.
Just from joining the Facebook group you can see the huge diversity in its members. Its very popular amongst groups of stay at home mums, self-employed people that work at home and people doing shift work.
Whatever your situation, its 100% possible for you to start making nice chunks of extra money each month from it.
Sign Up Offers
The free trial and platinum membership begin by teaching you the signup offers. This involves signing up to the bookmaker websites and using their promotional offers such as “Bet £10, get £30” to turn their free bets into withdrawable cash.
You can begin with these offers with around £50 to start with. The early offers are very profitable so your initial £50 will soon be close to £300 in a matter of days if you stick with it.
They are REALLY easy to do and teach you the basics of MB. This concept alone is what will be used to make over £2000 profit within your first few weeks. The only thing that’ll hold you back is waiting for the bookmakers to pay the money back into your bank account! The majority use Paypal which is really quick, though, so it’s rarely an issue.
Read Enough? Then Click Here & Join Before The Price Rises
Get Started On The First Three Signup Offers That Make You £70
Reload Offers
These offers are what the bookmakers use to keep their customers active and spending money. There’s a huge range of offers that cover sports betting, arcade games and bingo.
An example reload offer might be to bet £30 on the FA cup final and get a free £30 bet on the champions league final. I personally did this reload offer and made £24 from it. It took me around ten minutes.
People often ask if you can make money once all the signup offers are done, or if they already have accounts with the major bookmakers. Yes is the simple answer.
Bookmakers NEED people to keep betting and to achieve this they literally keep throwing offers out to you. Profit Accumulator shows you how to make money from each of these offers.
They’re updated in both the member’s area and the Facebook forum throughout the day. All the instructions, advice, and tips from other members is guaranteed to make you a regular stream of money throughout your MB journey!
Calculator
Profit Accumulator has a calculator included with membership. The calculator is used to calculate how much money to place on a bet, and whether the outcome will return a profit or not.
Even if maths isn’t your strong point, it won’t ever be an issue. PA has a basic and advanced calculator which shows you exactly what numbers to enter and how much money you stand to make if you go ahead and complete an offer using these amounts. Look at the screenshot below for an example, easy!
The Platinum Member’s Forum
Profit Accumulator contains a discussion forum where users can get quick answers to their questions, a list of daily reload offers and general tips and advice.
When PA first began, there was only a few hundred members. They just used a Facebook group to handle chat, questions and the posting of offers. It soon became obvious that there’d need to be a dedicated forum to handle the amount of data, and to start building a more permanent structure to educate future members.
- The new forum is lightening fast and updates itself when people post replies to your questions.
- There’s a live feed of current discussions and a well thought out, logical structure – that makes finding answers to your questions very easy.
- You can upvote the most useful comments so future guests will never miss the best answer to a question.
- It’s categorised so you know exactly where to find new offers, existing offers and advanced tips and tricks.
- You can enable desktop notifications – allowing you to get constant updates when new threads and replies are posted.
- There’s an app called PushBullet that you can download on your iPhone or Android phone in order to get push notifications straight to your phone.
I’ve done this for years now but often felt like I was alone. I was missing out on loads of money making opportunities as I didn’t have the time to research every offer and find the best methods of extracting the free bets or promotions.
The forum brings the whole MB community together. Everyone helps you profit, stay motivated and keep you up to date with what’s going on.
There’s a great sense of community spirit. We’re all in it together, like the modern-day Robin Hoods – taking from the rich bookmakers to enhance our lives!
Does Profit Accumulator Actually Work? A Review Of Earnings
Profit Accumulator works exactly as described. They offer a 30-day money back guarantee to any member who joins and decides they wish to cancel their subscription.
This is a question I get asked a lot. PA does work, exactly like it says it will on their website. There’s a Facebook forum with over 9000 members in it. They’re all making money each day, learning, teaching and sharing. If it didn’t work, they wouldn’t be there.
In my first month as a member, I was quite slow and didn’t have much time. I still made £850 in the first month, which works out at around £210 a week which is pretty nice for a second income. The next month I ramped things up, and have been earning a solid £1500 a month since then.
Whether you’re a stay at home mum, a student with little money, someone who works 40 hours a week or even retired, PA will work for you. Even with ten minutes ay in the evening to spare, you could easily make £500 a month. It works, it’s simple and you owe it to yourself to at least join the free trial and make the easy £35 available.
Let’s Get You Started – Click Here & Join Before The Price Rises »
Does Using Profit Accumulator Affect Your Credit Score/Rating?
Matched betting and using profit accumulator will not show up anywhere on your credit report.
Many platinum members use Skrill or open a bank account with the post office or www.ffrees.com.
This means all their transactions are kept separate from their personal life in-comings and outgoings. It also means they can treat this like a business – keep building up earnings in their separate account until the point where they can pay themselves a wage each month.
Keeping this income separate from normal wages means you won’t ever dip into your earnings to pay for a few beers or a new sofa – it’ll keep you disciplined and striving towards your goal of earning a second – or potentially full-time income from this.
Frequently Asked Questions
How Much Money Do I Need To Start?
You can begin the free trial with around £55 – £65. You’ll make the £15 profit from the first offer and £20 from the second. Use this profit to pay for your profit accumulator subscription.
How Will I know What Order To Do The Offers In?
Once inside the member’s area, the offers are categorised into Beginner’s and Advanced. You start with beginner’s offers and work your way through them in the order that they’re listed in. They’re put in an order that allows your profit to grow – so you’ll always have enough to re-invest into the next offer. There’s also written articles mixed in along the way to help develop your understanding of the process. It’s perfect as it means you’re not overwhelmed with too much information at once. Baby steps!
I Already Have Accounts With All The Bookmakers, How Can I Make Money?
You don’t. When I started I had a bet365, Betvictor, William Hill, Coral, and a Betfair account. There’s over 50+ signup offers with bookies you’ve probably never heard of – easily over £1500 to be made from these. This is before we even consider the 70+ casino and bingo offers that you definitely won’t have done before.
Don’t forget PA have a 30-day money-back guarantee – so if my some miracle you actually did have an account with 90% of the bookies, you could get a refund anyway. Nice one.
How Much Money Will I Make In a Month If I start Now With £200?
How long is a piece of string? This question varies with timescales and amounts – but the answer remains the same. It’s hard to give a solid answer as it depends on how many bookie accounts you already have, if you have a day job, how busy you are at the weekend, how much money you have to invest.
In general, starting with £200 and committing 30 – 60 minutes a day should allow you to make between £600 and £1200 in your first four weeks. Rather than panicking about only making £500 in a month which is less than some people, I’d get started today – £500 is a lot of money – I’d definitely rather have that over nothing!
Do All The Bookmakers Use Paypal?
Most, not all. Some you will need to use a debit card. If this scares you, open a free current account at www.ffrees.com or the post office – or with a high street bank.
Keeping your matched betting separate from day-to-day life is a great idea – it allows you to grow your funds and monitor your profits easily. As put by James who works at PA, ‘Treat this like a business and it’ll pay you like one.” Great advice.
Do I Need a Laptop Or PC?
It helps, but some members rely purely on their smartphone and tablet. I’ve seen some members that have invested £500~ of their PA profits into buying a PC and two screens to make the whole process easier – treating it like a business!
Purely using an iPad and iPhone is possible, just a bit fiddly. You’ll need at least three tabs open in your browser – so it’s just a bit easier using a laptop or desktop PC.
I Work Nights And Can Only Do This At Weekends. Is it Worth It?
Yes! You can get all the mainstream football and horse racing offers done during the weekend. You’ll miss a few nice offers during the week, but could still make a nice amount of money from doing the signup offers every weekend. Some days I only had 10 minutes to spare in my lunch break – but that was ample time to register with a new bookmaker, deposit some funds and do the signup offer.
Get started by clicking here and claiming your free account with PA.
Conclusion
Here are some screenshots of the massive profits that YOU could be making with PA. There’s also a picture of my recent holiday to Fuerteventura which was paid for with my PA profits!
All of this money could be yours. You weren’t the first person to be cautious and visit this website to read my review, and you won’t be the last. However the review and screenshots I’ve added, and the testimonials that I took from a few members in the Facebook Forum have been more than enough to convince several hundred of you to sign up. I have yet to find a bad review on the internet about PA!
Of those people that have joined, not a single one has regretted it and decided to leave. I think that speaks for itself. Join the free trial and make the £45. Then go sign up for the monthly membership. £17.99 a month is nothing when you’re earning £2000 a month like me. And that’s on top of 40-hourour full time job.
So…
Stop Wasting Time and Check Out Profit Accumulator NOW » »
I hope from reading my review you’ve gained a good insight into the membership and what it offers. I’ve never written reviews on products and memberships unless I fully believe in them. It’s quite obvious just how great I think this is, else I wouldn’t be using it myself on a daily basis 🙂
315 Comments
Jess
August 6, 2015 - 8:02 amJoined the free trial. Looks interesting, think I’m going to give it a go 🙂 x
Tony Hearn
July 10, 2016 - 7:53 amHi Mike. Thanks for your review and the q&a – really interesting. I’m thinking of taking the plunge even though I have never been into a bookies in my life. One or two questions first though:
I am intrigued by what you refer to as “mug bets”. Presumably these are simply bets that you place at your own discretion rather than the ones that are part of the PA system. Does this mean that the bookies are monitoring PA and looking to close down the accounts of people who just follow the PA system and nothing else? Does PA give any guidance about all of this? I am thinking that if it is necessary to place a number of these “mug bets” to keep the bookies sweet, it could eat into your profits quite significantly.
Cheers,
Tony
Mike
July 10, 2016 - 8:08 amHi Tony,
Thanks for the question. Quick answer : you don’t need to worry about mug bets until you’ve completed all the beginner and advanced offers. They’re the sort of bets that the general public will look. We place them in order to look like ‘mugs’ – so the bookies think we’re a daft customer that bets on obvious games like Man Utd to win etc. I’ve written some more details about it on this page –
http://www.matchedbettingbasics.com/advanced-matched-betting-techniques/
Mike
Sean Kelly
August 13, 2015 - 8:10 pmWhy do alot of E nglish b/ makers not take Irish clients.
Regards Sean.
Mike
August 16, 2015 - 11:16 amAll depends on their license Sean. Profit Accumulator has over a hundred signup offers though, the vast majority of which are available to Irish residents 🙂
Martin
August 24, 2015 - 1:40 pmHi Mike,
What was your starting bank in February and how many hours did you spend on this?
Did you have any bookie accounts open prior to joining?
Had you done anything like this before?
Are there video walk throughs to guide me on how to do every reload and if I need help what time are there support teams available to?
In your experience what are realistic earnings fro taking advantage of the horse racing and football offers only? I understand there are a number of these on a weekly basis and would want to avoid the riskier options where possible ie: bingo and slots
Finally, what size of bank is required to take full advantage of completing the reload offers on a daily basis to overcome the obstacle of waiting for credits to my bank acct?
Mike
August 25, 2015 - 8:01 amHi Martin –
Great questions there, this should help others out in the future.
1) I started with something very low like £100 in February. I’d just got a job after being unemployed since November so didn’t have loads of money to invest in it really. Its good for people to know that they can start with the bare minimum and still make plenty just like I did.
2) I actually had quite a few of the major ones – bet365, betfair, paddy power, stan james, betvictor and william hill. They’re some of the big money makers but there’s tonnes of bookies I’d never heard of so still made plenty profit.
3) I’d placed bets online before like a typical punter and done a bit of laying on the betfair exchange. I’ve also been making websites since I was 16 so know my way around the Internet and a PC pretty well which makes me quite quick to pick up new things. I still read all the instructions word-for-word and watched all the videos – just like any other beginner though!
4) Most reloads don’t require a video as they follow the same basic principles that you learn early on – such as bet £20 and get £20 when a game kicks off, for example.
I remember Sam doing a video for a grand national offer as it was lucrative and guaranteed £80 risk free if completed. The horse Sam recommended went on to finish 5th (Many Clouds) which meant people made around £400 profit from it!
Massive money for a risk free strategy on something as unpredictable as the grand national! There’s people on the forum that can help you 18 hours a day. I think officially support is available from the PA office 9-5, Monday to Saturday.
5) Skipping the slot offers as many people do, I’d say around £1200 a month. Now that football is back in full-swing, making £30-£40 a day is very much realistic. Then you’ll of course make more at the weekend from the extended horse racing offers and weekend football.
Last night, a seemingly quiet Monday for sports, I made £96 purely from 3 bookies offers on the Arsenal v Liverpool game. So the days where you might make only £5 or £10 are outweighed by those big days. That’s before we get a week where a major horse racing festival takes place. Then we’ve got events like the world cup where there’s a huge array of offers and bonuses available EVERY day!
6) By the time you complete the signup offers you’ll have around £2000 – that’s before the bingo offers are touched. If you do the risk-free casino offers you then have the potential to earn a LOT of risk free cash!
If you resist spending too much of your earnings then a balance of £1000 alone will allow you to hit EVERY football offer. Then it just becomes a process of having money in the right places in order to hit the horses on a Saturday afternoon.
I like to keep money in each bookie account (eg bet365) – as then I can do ‘mug’ bets, in order to make myself look like a regular punter. I also like to place £2 accumulators – again, to look like a normal punter. As I’ve got quite good football knowledge I often hit some nice £50 – £100 wins from these and actually profit from accumulators!
Martin
August 25, 2015 - 9:24 amThanks for your in depth reply Mike – it really is appreciated, sounds like we are in a very similar starting position.
So making a full time income from this is realistic if you have enough bank – would you say £2000 a month is achievable from just the horses and football risk free and what size of bank do you think is needed to keep that maintained?.
My main concern personally is I joined Bonus Bagging 2 yrs ago and opened 30 plus bookie accts but haven’t used them since so it will be very obvious what I was doing to the bookies so will need to do a bit of mug punting to keep those ticking over.
GR
January 5, 2016 - 8:30 pmHi. I signed up less than a month ago, and made a bit of money. However, because betting is something very new to me, I probably made a few mistakes. I learned the importance of having a clear record of monies you put in and all your earnings. For newbies, there is so much to learn. Hopefully, I will be able to breeze through it without any mistake. I seem to think that I made a mistake on the ACCAs.
Mike
January 6, 2016 - 7:12 pmHi GR
If you’re new to matched betting and bookie websites I’d stay away from accas for the time being. Take each offer one at a time, in the order that they’re displayed in the members area. Get advise on each offer on the forum before you do it. You’re close to cracking it, stick with it and you’ll be flying soon. Let me know if you need any help.
Mike
Mike
August 25, 2015 - 12:54 pmHi Martin,
Making a full time income is certainly possible, plenty platinum members of PA are currently doing it. a large amount of these full-timers don’t touch a lot of the casino offers that aren’t 100% risk-free and still hit a huge monthly profit. You can potentially earn up to £50 a day purely from accumulator refund offers. On the 1st September PA is introducing some new software which will make football and other sports (tennis, golf etc) much quicker, profitable and much less time consuming to complete. Its going to be an exciting update, hence the slight price increase. I worked off a £200 bank for months (kept withdrawing to fund bills and the development of this website!) and was always able to complete football offers and all the risk free casino offers. I’d say a £1000 bank is ideal for hitting sports offers like you intend to.
Of those 30 bookies you’ve already got accounts with, I imagine that a lot of them will be partner friendly bookies. So if you have a parent/sibling/spouse/flat mate that can register an account in their name and give you permission to use it then you’ll have the potential to profit even more.
PA comes with a 30 day money back guarantee, so if you find at the end of the month that it’s just not going to be profitable then you’re entitled to a refund! Win-win in my opinion!
Bet365 have given away two x £50 free bets in the last 7 days. Paddy have given away around £40 and Skybet £50 – that alone is over £100 profit to be taken after you’ve mug betted a little!
Let me know if you have any more questions 🙂
Martin
August 25, 2015 - 2:16 pmThanks again Mike, sounds promising.
In terms of the mug betting – I assume they teach you how to manage the accounts effectively to prevent closure – there are some instruction and guidelines around that?.
Mike
August 25, 2015 - 2:19 pmYeah the members area contains several training articles, all laid out in a manor to teach people as they go along. Two of which are tailored to helping people keep their accounts open. The forum also has some excellent advice from members who have been doing this for years and kept their accounts open.
Martin
August 25, 2015 - 2:37 pmThanks Mike
jason pauley
August 27, 2015 - 7:17 pmI am having problems with my paypal is there any other method of payment as I really want to join
Mike
August 28, 2015 - 12:11 pmHi Jason,
As far as I’m aware, they only take payment by Paypal. Have you contacted their support email/phone to see if there is anything they can do? I really hope you manage to get it sorted 🙂
Mark
August 27, 2015 - 10:03 pmHi mike
What happens if the lay odds on betfair reduce on the advised bet because of the amount of people using the service, suppose the same applies to the backing side. Is it just a case of getting there 1st & you make more money?
Mark
August 27, 2015 - 10:35 pmAlso why does he mention about a gold membership in the video at £27 when the platinum is £10 cheaper?
Mike
August 28, 2015 - 12:14 pmHi Mark,
Thousands of people use betfair exchange, so the odds fluctuate regularly. The lay odds reflect what people are backing and vice versa. So whatever it is you’re laying, there’s always someone somewhere in the world that’s backing it. Betfair is good in that there’s often a lot of money to balance out the market, meaning your bets will always get matched on big sporting events.
To answer your question, I believe that membership options and prices have changed over the last year since he created the video. The prices at the bottom of the PA page are the most up to date.
Mike
Mark
August 28, 2015 - 2:39 pmMike thanks for that, I was thinking of joining for the year as it works out cheaper but was sceptical to wether this (the information) would keep flowing, what do you think?
Also is their a huge risk of me losing my betting accounts with bookmakers and therefore would this mean it’s only a short term process until the bookmaker clicks onto what your doing & then closes your account?
Thanks
Mark
Mike
August 28, 2015 - 5:05 pmHi Mark
The Facebook forum and members area of the website are constantly updated with new information. You’ll always be learning new things, there’s never a dull moment!
Providing you follow the instructions with regards to keeping your accounts looking normal – mug betting – then you’ll be fine. As I said to Martin in the preview comments, there are people that have been matched betting for years and never had their accounts closed.
I advise you to join on the yearly option as it offers the best value. I should remind you that the price rises on September 1st so you have this weekend to make a move!
Mike
simon
September 2, 2015 - 11:44 amYou mentioned that new software would be releases 1/9/15. Has this happenend and are you able to advise what it does?
Mike
September 2, 2015 - 12:43 pmHi Simon,
I’m still waiting for news on the updates and new additions. I’ll let you know as soon as I hear anything!
Mike
Jonny
September 3, 2015 - 1:48 pmHi Mike –
Thanks for all the info you’ve provided to date. I’m in a position where I’m facing a £3k / month shortfall as of February next year due to illness, so obviously I’m tempted by something like this. I’m wondering, though, whether potential income is affected by how much you have to bet: in other words, could I earn £3k + / month if I was placing larger bets and/or started with a pot of money of say £3-4k? Similarly, if I could dedicated say 5-6 hours / day to this rather than a smaller amount of time could my earnings increase in relation to the time spent or are you limited by the number of offers available?
Sorry for the potentially dumb questions!
Mike
September 3, 2015 - 2:26 pmHi Jonny,
Great questions, not dumb at all! There are several Platinum Members making 3k+ a month and working full time doing this.
To be able to make a lot of money, you need to be able to hit every offer. This means partaking in the Horse Racing and Accumulator refunds each day. Doing this requires a big bank – so starting with 3-4k would be a MASSIVE benefit.
I’d advise you take it easy for the first week or two whilst you grasp things. People will often make mistakes – so ironing out any schoolboy errors at the start with the £10 – £20 offers will get you in fighting shape to hit the big offers quickly and without error.
But to answer your question, starting with £4000 will prevent you having to wait for bookies to process withdrawals and will fast forward the several weeks of bank building that other members have to endure.
To answer your second question, its like a lot of things in life. The more time you invest, the better results you’ll have. To re-iterate what I’ve already said, you need to hit ass many offers as you can. This means having two accounts with the same bookmaker will benefit you – so if you have another adult living with you, you’ll be able to register an account in their name with the ‘partner friendly’ bookies.
You’ll also need to spend a lot of time on account maintenance – EG ‘mug’ bets – to look like a normal gambler – in order for them to keep sending you promotional offers. Mug betting is a vital part of the whole process, so having a couple of hours a day throughout the week to do this will help you in the long run. In fact it’ll be essential in allowing you to earn the £3k a month you desire from this.
Hope this answers any questions you have 🙂
Mike
Darren Holford
September 23, 2015 - 10:34 amIf I was to start with £100 and dedicated 3-4 hours a night how much roughly would I be making a month? I don’t want to jump into this and not be benefiting anything from it
Mike
September 23, 2015 - 1:52 pmHi Darren
Dedicating that amount of time will certainly be profitable. You’ll definitely be in the range of £1500-£2000. Starting with £100 is ideal too. Profits will rise quickly. I advise you jump right in. Spend your first hours reading and understanding everything then get started with the first few offers.
Mike
Darren Holford
September 23, 2015 - 1:59 pmThanks for that Mike made my decision alot easier 🙂
ronan
September 23, 2015 - 4:42 pmHi,
Great review and I’m very excited about this matched betting stuff as I’ve always wanted to make an income online that allows me to work and travel at the same time. My dream is to live in Asia full time, Thailand specifically, whilst earning enough to stay there. Given that I’d need to be making around £650 per month, to cover rent and living costs do you think it is at all realistic I could live there funded with income from matched betting? How long should it take to reach that level, given I have started with the bare minimum amount of money in my account (50 quid)? I am Irish by the way so I should be able to avail of the majority of offers as I have an address in Ireland. Basically I need to build up enough money to fund a flight to Thailand (about 350 quid), and then hit around 600 quid per month to live over there. I’d be willing to do it for upwards of 4 or 5 hours per day. Am i living in dreamland or is this possible?
Mike
September 24, 2015 - 9:16 amHi Ronan
£650 a month would be a breeze with the time you’re willing to put in. You’ll have enough money for the flight within your first two months, although I’d definitely make sure you’re happy with the whole process before moving to Asia and relying on it. Some of the advanced techniques can take some time and you’ll need a big bank balance (£2000+) to be hitting the accumulator offers on a daily basis. You can then earn £30+ a day from them alone which would be enough to support you.
The people doing this full time are making £2k-£5k a month so once you get into the swing of it you’ll be fine.
I’d have replied last night to your comment but I’m in Spain at the moment, funded of course from matched betting!
If you have any more questions then don’t hesitate to ask!
Mike
ronan
September 24, 2015 - 9:52 amCheers for the quick reply! That’s great to hear that it would be a breeze to earn the level of income id be comfortable with. I suppose my 2 main worries are being from Ireland, realistically how many of the reload offers will I miss out on. For example, after joining profit accumulator on the free trial, I was only able to do one of the 2 offers. I’m not sure if this trend continues, although I sent a PM to their facebook page and they said being Irish should be fine.
My other slight concern is a problem I encountered last night. I joined a bookie who were offering a £25 free bet after your first bet of £25 on evens or more. I found a good match to bet on, the odds in betfair and this bookie were reasonably close. I placed the lay bet on betfair, and depositied 25 in this bookies account only to have my account closed 5 minutes later! Apparently they required 4 documents showing proof of my age and address. I panicked for a bit knowing there was a chance of losing my liability on betfair but then happily common sense prevailed and I realized I could just lay the bet by betting £25 with another bookmaker. It was a close call though and im wondering is that a common trend? Bookies just shutting down accounts until they have received proof of age/address?
Mike
September 25, 2015 - 1:40 pmHi Ronan,
I’d say you can do the majority of the offers that are profitable. There may be a few that you might miss out on, but there are plenty people from Ireland doing matched betting. Have you joined the Platinum Membership yet? You’ll quickly get an idea of what you’ll be able to do and which you’ll unfortunately miss out on.
As for the OD verification process, I’ve only had to do it for three bookies so far, and they all asked for proof of age and address when I tried to withdraw funds – not before I had even placed a bet.
Mike
Ronan
September 28, 2015 - 11:43 amCheers for the reply Mike. Honestly, it hasn’t been as profitable as I expected at the start. I started off with a low enough amount in the bank (around 100 euro) and am finding that I need to wait around a lot for bookies to process my verification and also, the bookie bet usually wins on the qualifying bet so its a bit annoying having to wait around for them to send the money to my bank account.
I’m assuming this just requires a bit of patience and I shouldn’t be put off by the waiting around? Do you know if other members who earn a good bit from this have had to wait around at the beginning? Maybe it’s a process and I am being too impatient. It’s just frustrating because im trying to solely earn money online.
Mike
September 29, 2015 - 7:51 amHi Tom,
I’d only been employed for 2 weeks when I started with PA, so I started with the bare minimum. I was in the exact same boat as you, constantly checking my online banking to see if the money had been sent back to me.
Stick with it, the more profit you build up, the quicker the whole process becomes. Try keep your matched betting fund separate from your every day life money, then things like paying bills doesn’t chip away at your profits.
Mike
Matthew
September 26, 2015 - 7:14 pmHi, is there a catch? The thing is if anything sounds true good to be true, it usually is. There was another money making subject website that I joined and later I found out it was a con. Now I find this website and matched betting where you can make £2000 a month. Now I wonder is it a con?.Can you really say its all above board and if it is, it seems very complicated to do. Is there a website or anybody that can teach me this. Thank you.
Mike
September 27, 2015 - 8:23 amHi Matthew,
There is no catch. The ‘make £2000 a month’ headlines are there to grab your attention. Whilst these bold claims may put you off, I can assure you that making £1000+ a month through Profit Accumulator is very much possible.
I too was sceptical when I first saw the website. When researching and looking for reviews, there wasn’t a lot. That was part of the reason I wrote this review – to help people like yourself decide if it really is too good to be true or if its a con.
Profit Accumulator has a free trial. This will do EXACTLY what you asked, and teach you the process of matched betting. Its all made very simple through video and written instructions. I suggest you register, follow the instructions and learn the process – it won’t take long. If you complete the two offers in the free trial you’ll make £35 – £45 in profit. Go and do it, then let me know if you’re still a bit unsure. I’ll be glad to help you.
Thanks,
Mike
Rafa
January 13, 2016 - 6:08 pmHi Mike,
the bit where you say “I can assure you that making £1000+ a month through Profit Accumulator is very much possible.” I thought it was 100% guaranteed that you will make money REGARDLESS- no luck involved?
I hope its not a case of you having to wager large amounts on a qualy bet. I also hope it isnt wagering on an outcome which is likely to happen eg backing barcelona to beat doncaster as even this is NOT guaranteed.
I have already exhausted around 15 free bets and have made around £230 but dont know where to go now to be honest.
Thanks
Rafa
Mike
January 14, 2016 - 1:03 pmHi Rafa,
I said it’s very much possible depending on peoples situation. Some people start with less money, withdraw profit as they go along, and only have weekends available. On the other hand, some people chuck £400 straight into it, have 2 hours a day to spare, and don’t touch a penny of profit. Everyone’s situation is different, so it’s hard to make generalisations and false promises!
Luck isn’t involved with the signup offers and the free bet reload offers. You bet and receive a free bet, simple as!
The bookies who’s offers require large wager requirements aren’t included. Those that require a bit of wagering are often given a lower star rating in the members area. That allows you to quickly grab the best and most profitable offers.
Mike
dazo
September 27, 2015 - 3:50 pmHello Mike,
I was wondering if I started with a balance of 500 pounds and dedicated 8-10 hours a day how much profit roughly would I be making a month?
Mike
September 28, 2015 - 11:19 amHi Dazo,
Starting with £500 will allow you to hit nearly all the beginners offers in the first few days. This is something the takes people a while as they normally have to wait for the money to arrive back in their bank. However starting with £500 will cut you a lot of that time out.
After the first two weeks you can dedicate a lot of your time to training and to hitting the basic reload offers. The no deposit/risk free casino offers will also take some time – but as you’ve set that time aside already, you’ll be flying.
With that starting bank and the hours you’re willing to put in, I see no reason why you won’t be £2000+ better off by the time Halloween comes around!
From then on its a process of managing your time effectively, managing your accounts and tracking profits. Best of luck buddy, let me know if you need any more answers!
Mike
GR
September 28, 2015 - 9:28 pmHello there!
Great informative article thank you.
My biggest question is surrounding accounts within the household.
Is it possible for me and my husband with separate bank accounts and computers to benefit from PA?
He is already doing it and im interested to get involved too and wondered if people have come across issues with this?
Thanks
G
Mike
September 29, 2015 - 7:46 amHi G!
Many bookmakers are ‘partner friendly – meaning they allow both you and someone else in the same household to register. I think the big name bookies like William Hill, bet365, Paddy Power all allow it. You’ll have to check their Ts & Cs when signing up.
Also as you’ll be using these accounts for matched betting, try refrain from having similar betting patterns. Don’t mirror one-anothers bets or place identical mug bets. Mix it up a little. For example I use my own accounts to do the majority of my matched betting, and tend to only get my girlfriend to do the big offers – like the bet365 risk free £50 football offers. This way we’re not taking too much value from the bookies.
Mike
G
September 29, 2015 - 5:58 pmThanks for your guidance Mike, appreciated 🙂
Rafa
January 13, 2016 - 6:15 pmHi Mike,
Are these reload and existing customer offers easy to understand as I have not any understanding around them nor any other sport other than football.
Thanks Again!
Mike
January 14, 2016 - 12:53 pmHi Rafa,
The majority of them are football. You get Rugby and NFL and other sports too, but the principles are the same usually so you’ll be fine. Some of the tennis accumulator offers are a bit complex, but in general you’ll be fine with reload offers.
Mike
Tom
September 28, 2015 - 9:38 pmHi Mike,
I’m already doing matched betting and am not a Platinum Member yet on PA but I’m thinking of upgrading soon. It’s true that you quite a decent sum money at the start because there’re 50-pound offers and to lay a bet at odds of 4 or more you’ll need at least 100 pounds in your Betfair account and if you want to place 2 of those, more than 200 pounds would be needed. I’d say with 1,000 quid you could go quite fast through the first free bet offers.
My only worry is that I’m planning of leaving the UK and live in Spain. Do you know if I could do it from abroad once I’ve opened an account with all the available bookies while still in the UK? I know that most bookies, if not all of them, only allows users from the UK to use their online betting sites but I’m not sure if it applies only to opening an account or to betting in general because they can check your IP address and I don’t know how strict they are.
Cheers,
Tom
Mike
September 29, 2015 - 7:49 amHi Tom
You only need a decent sum of money if you’re impatient. A lot of time can be wasted at the start whilst you wait for a bookie to process your withdrawal then you can deposit it to another or into betfair like you said – to cover liability.
If you start with a few hundred more than most people you’ll be able to quickly get going and not be waiting around.
Many matched betters use a ‘VPN’ which allows them to use bookie websites from abroad. I’m not personally recommending this as its a very grey area, but its something you’ll be able to look into yourself.
Mike
Colin
October 10, 2015 - 7:25 amHi Mike, great article thanks. I am going to give this a go and have just signed up to the free membership. I will have to start with a bank of £100 and build up slowly as I have hardly any disposable income.
I have heard of bookies closing accounts of people who make a constant profit, has this happened to you or are the mug bets enough to stop this?
Do you withdraw your whole betting bank after a bet or do you just withdraw the profit?
I want to open a new account to keep my betting profits separate to my current account but I have a bad credit score, will Post office let me open an account if I have bad credit?
Thanks
Colin
Mike
October 11, 2015 - 10:36 amHi Colin
At first, yes, you will need to withdraw the money. You’ll need it to use on the next bookmaker and so on. Your profit will slowly begin to rise. When you get around to starting the reload offers, you’ll begin to leave funds in your account. Most ‘mug’ punters will often leave their money in there – always expecting it to grow some more. Some mug punters like to run away with the money whenever they win a bet, some not so much. It varies. Its more down to what bets you place rather than your withdrawal patters.
For years I used bet365 to gamble with and would regularly withdraw any (if any!) winnings. I’ve never been restricted and always given a loyalty £10 bonus most weeks.
I think you should be fine with a post office account. If not try http://www.ffrees.com – they’re a popular choice for us matched betting folk!
Mike
Colin
October 11, 2015 - 9:00 amHi Mike,
I am going to give this a go with a starting bank of around £100.
Do you withdraw all of your bet pot after a win or just the profit? Do you tend to leave a certain amount in each bookies or keep everything in your bank account and deposit for each bet?
Thanks
Colin
Les
October 14, 2015 - 9:29 amHi Mike say if I deposit £400 and pay for a years membership up front and work 8 hours a day on this ,1,would that balance keep me going or would I need to invest more after first week ?and,2, if doing this full time as I’m retired what sum would you recommend to start with?
Mike
October 14, 2015 - 10:57 amHi Les
£400 is a great amount to start with. It’ll get you through the majority of the beginner signups very quickly, so you shouldn’t need to deposit any more given the amount of hours you’re willing to put in.
Let me know if you need any help once you’ve joined, you should have my email address now.
Mike
Bruce
October 22, 2015 - 2:49 pmHello! Thank you for posting this, if I’m not from UK nor Ireland,would I still get offers ? How does this works out for worldwide users? I’m not a fan of using VPN since it’s proobably against the TOS somewhere (not sure about this) so would I be able to do some monthly cash being from somewhere else than UK? thank you!
Mike
October 26, 2015 - 9:46 amHi Bruce,
Having a UK address is vital to opening accounts and gaining access to the offers. I’m not sure what you’d be able to do without having proof of address in the UK or Ireland.
Mike
Bob
October 25, 2015 - 12:48 amHi Mike,
After reading your helpful review I am very interested in signing up for Profit Accumulator. Just a few questions if I may:
1. If I set aside a bank of £500 and devote 1-2 hours a day to this, how much realistically could I make within my first 2 months?
2. Does PA advise on how to lay ‘mug’ bets to prevent the bookies closing accounts?
3. In ‘The Telegraph’ newspaper (6 Dec 2010) it stated bookies sometimes do their best to discourage matched betting – by taking a commission, or requiring you to roll your winnings through multiple bets before cashing them. Is this true?
4. Is there any risk of losing a betting bank using PA?
5. If say, you bet on a home win and an away loss, what happens if there is a draw? If you bet on a horse to win and lose, what happens if the horse retires from the race?
6. Have you, or anyone you know also made money by being an Affiliate for PA, earning 50% commission for every new member who signs up through their linked Agents programme?
Regards
Mike
October 25, 2015 - 11:32 amHi Bob,
1 – I’d say anything from £2000 – £4000 is possible if you commit that amount of time and money.
2 – It does. It’s just a case of normal ‘backing’ and ‘laying’. Nice and straight forward.
3 – Bookies don’t take a commission. Certain free bets have a rollover requirement. This is all detailed with instructions inside the members area. Only offers that have a profitable outcome after the rollover requirement is taken into account are listed. PA won’t advise you to do any offers that aren’t worthwhile.
4 – No. There may be a couple of unforced errors that might hinder you at times, such as a website going down or your Internet connection though. Nothing to worry about!
5 – You won’t be betting on a home win and an away loss. You’d be betting on a home win, then betting on home NOT to win. This would cover the outcome of a draw. If the horse retires your back/lay bet would be refunded. If this concerns you, stick to football/rugby and other team sports until you’re more comfortable with it.
6 – There are several profitable members to the affiliate program, including myself! Many people promote PA to their Facebook friends, previous clients and other channels such as Twitter. The affiliate program makes a nice complimentary addition to matched betting income, and is a useful way of rewarding people who refer a friend or two!
Mike
john
October 27, 2015 - 1:14 pmHi Mike
Are all the offers we do on your website, or do some offers get sent to your email. Could this get confusing?
My son is at Uni at present, which means a different address, can he sign up as well as me even though his main address would be where I live, as bookies have rules about only 1 person per household can use these offers (I think).
How many bookies would allow your partner/wife to use the same offers, and would it be wise to use them as you might get caught out being a matched betting participant.
To supplement my income, other than being an affiliate, is there anything else similar to this that we can get involved in.
Many thanks
John
Mike
October 27, 2015 - 1:22 pmHi John
All the offers are in the PA website, the forum. The most profitable reload offers are emailed to members on days where its considered worthwhile.
If your son has proof of his address at Uni then that should be fine. He’s not living in your house, so I see it as no big issue.
Most of the ‘big’ bookies are partner friendly – off the top of my head. Providing you place ‘mug’ bets and don’t over abuse every promotion, you should be fine. There’s loads of couples using profit accumulator 🙂
Aside from other Internet marketing/affiliate marketing activities, then no, there’s nothing directly in this matched betting community that I use to create an income. The matched betting is lucrative enough for the time I have available!
Hope this helps.
Mike
Bob
November 30, 2015 - 12:16 amThanks Mike for your helpful replies. I think I will give it go early next year.
john
October 27, 2015 - 2:32 pmHi Mike
If you join and pay monthly to start, can you then with your profits pay the yearly joining fee
Mike
October 27, 2015 - 6:26 pmYes John,
A lot of members quickly earn £300 – £400 and use that to pay for the yearly membership. Its works out at much better value 🙂
Paul
October 27, 2015 - 6:50 pmMight sound a stupid question but do you need a laptop to do it or do tablets work too?
I am thinking things like plugins and flash player etc..
If you use a tablet to do it shout up!
Mike
October 27, 2015 - 7:04 pmHi Paul,
The PA website and bookmaker websites can all be accessed by a tablet. Some people find typing easier/quicker on a laptop. Some bookie offers are tablet/mobile only, so you’re in a good position.
Mike
john
October 28, 2015 - 1:11 pmhow much more profit per year can a partner from your household make?
Thanks John
Mike
October 28, 2015 - 3:45 pmEasily an extra £500+ per month, if not more. I’m not entirely sure as I mostly do it alone. My partner only gets involved with the big offers!
Mike
John
October 28, 2015 - 5:40 pmHow long do u have use of the members site if you join taking advantage of their two free bets
Mike
November 1, 2015 - 11:39 amAs long as you need John, there’s no time limit.
john
October 30, 2015 - 2:38 pmHi Mike.
I would love to do this full time, am thinking about it, but surely this kind of opportunity will not last forever, how long do you think this opportunity will be around for?
Tomasz
November 2, 2015 - 7:13 pmHello,
Do you know of anyone who has done matched betting through a VPN?
Thanks.
Mike
November 7, 2015 - 11:18 amI think a few have Tomasz, but I don’t have any personal experience with it.
Joanne
November 6, 2015 - 8:15 pmHi, I came accross your blog, as I´ve told friends about this and they are skeptical too. I joined PA a little over a week ago. Profit so far just betting on horses and football I´ve made £110… this is a calculation system, you have to double check each bet and check the odds are right, as they do change. So to all worried and skeptical… I am a broke single mum… I currently work 3 jobs, and finally I will be able to buy my son presents for christmas! Seriously people, it´s not a scam, do it right, be clear headed so you get all your bets right, follow the instructions in the video… you can´t lose… I´m so looking forward to making some good money finally! 🙂
Mike
November 7, 2015 - 11:21 amJoanne this was so nice to read! Thanks for leaving such a great comment 🙂 Your hard work is inspiring and I’m glad everything is working out OK for you. You’ll have a great Christmas if you can keep this up, you’re past the hard part now so stick with it and you’ll be well over £1000 soon. Sounds like you’re being very careful too which is perfect.
Happy Christmas in advance to you and your family 🙂
Mike
John
November 8, 2015 - 6:10 pmMike,
Im going to join the site but one thing im really not sure on is how quick can you get the money back to your balance quickly to get the next offer on with a small betting bank at the beginning?…if the money is won on the exchange thats easy but what happens if the bookmakers bet wins?,if i was to deposit using the card then also set up paypal to on the relevant bookmaker,would the balance go back quickly via paypal rather than back to your debit card which could take days before you can put your next offer on
Char
November 9, 2015 - 4:39 pmHello, just wanting a bit of advise as im pretty sure about giving this a try.. Going away next June to america its costing £2000 for 2 weeks. If i start this now do you think its achievable? I was planning on opening a new bank account, starting with £40-50 to start and then use winnings to maintain? im just worried because ive never placed a bet, dont know about when football is on etc… sounds like such a good way to earn money but for what im wanting do you think its achievable for me?
Mike
November 10, 2015 - 7:00 pmHi Charlotte!
£2000 could be done easily in the next three months. There’s loads of money to be made at the moment. It doesn’t matter if you’ve never placed a bet before. The majority of members had never even considered betting on sports or using an online casino, so there’s hundreds that have been in your shoes before.
Its definitely achievable. When I started I’d been unemployed for a few months beforehand so didn’t have much money to begin with. I quickly got to grips with it…and well, here we are now! Give it a go and get back to me with any questions you might have 🙂
Mike
Michael
November 10, 2015 - 6:51 pmHi.. great review.
I have just joined PA! Going to start with £200. Would i spread this over a few of the starter bets to start to and build the profits quicker? How much could you potentially make from the start up offers alone?
Mike
November 10, 2015 - 7:01 pmHi Michael,
Just go through the list of beginner offers in order. If you can afford to start the next offer whilst you’re in the process of completing the previous one, then go for it. You’ll make £2000+ from the beginners, advanced and risk free casino offers. Best of luck with it 🙂
Mike
Michael
November 10, 2015 - 7:09 pmThanks for your quick response mike! That sounds good! Wil work through them until i run out of cash then will withdeaw and go again on the rest. £2000+ sounds brilliant.. will clear the credit cards lol
Jack Lu
November 12, 2015 - 2:20 pmHi there,
I am wondering how many hours a day you personally put into this to hit aprox 2k a month? Ive read 1-2 hours a day on PA website but that seems too good to be true.
Mike
November 13, 2015 - 5:18 pmHi Jack,
I think an hour a day during the week, then 2-4 hours on a Saturday and 2 hours on a Sunday works best. Those that are hitting the BIG amounts definitely spend an hour a day and several hours doing the horse racing offers on a Sunday.
Mike
Phil
November 13, 2015 - 2:50 pmHi Mike,
I have been a member of PM for just over a year now.
The dedicated Forum does sound good, which many of us have been asking for with no joy.
Apart from that, would there be any advantage in joining PA?
Thanks in advance.
Phil.
Mike
November 13, 2015 - 5:22 pmHi Phil,
The size of the community of PA makes it worthwhile too. All the beginners questions are now separate, so there’s a section for the more advanced offers, plus a section for people to report any loopholes. Each forum thread is tagged, so you can browse the bits that apply to your level of expertise and quickly find what you’re looking for.
Plus Sam is very innovative and listens to his users. He’s constantly evolving the website and keeping it up to date. The forum was added with the help of the demand from the users that were tired of the Facebook group. PA is definitely committed to staying ahead of the game.
Mike
Fozan
November 15, 2015 - 11:31 amHi there Mike just wanted to ask after doing a lot of research, I’ve just turned 19 years old and looking to make a second income simply because I want to build it up and invest it by next year, if I start with say £50-100 how much is the realistic I can make in just 4 weeks?
Mike
November 15, 2015 - 12:24 pmHi Fozan,
I too started with that amount and made over £1000 in my first month. I was helped slightly because Cheltenham festival was on at the time. Bookies like 666 were just chucking out £25 free bets every day. I’d say if you do a little each day and get the money back to your bank account in good time, hitting £800 is very realistic. You could also get lucky with the risk free casino offers and hit a big win like plenty people do. A PA member won £17,000 last week from Ladbrokes slots. Incredible!
Mike
Fozan
November 15, 2015 - 12:33 pmSo putting in £100 will be a good start, it’s doable because of the Europa and champions league like you said previously £50+ a day is achievable but what would you have to do?
If I say put £100 in how much time and offers will I have to do a day?
Mike
November 15, 2015 - 12:41 pmFozan,
Your first month will be different to any other month after that. You first month is spent doing each beginner offer one at a time for each bookmaker. Once you’ve learned the process (which will be quite quick for you as you’re a lot more Internet savvy than some people will be, given your age) it can be a waiting game really. Your money will get tied up quite quickly, so you might only spend 10 minutes a day on it but end up waiting 2 days to get your money withdrawn. After the first two weeks you’ll be flying. You’ll move onto the advanced offers, most of which you’ll be making £40 – £100 a day from.
Eventually you’ll be done with signup offers and move onto mug betting and reload offers. For this alone 30 minutes in the morning and evening is more than enough really. On champions league weeks you’ll have more offers to do, some of which are in-play so you’ll need to be around in the evening to get them done. Join the free trial and get your first £40 made, you’ll start to see how it all falls together then!
Mike
Mimshack
November 18, 2015 - 12:51 amhi Mike, this is very detailed,you are just simply. amazing.
1. I would be using a vps, what are payment formats allowed for placing bets with the different bookies? (so I can work around it, if my country allowed to use it)
2. What arw the withdrawal methods for receiving money From bookies of won bets,
3. what options do I have to make bets and withdraw bets won, considering that I’m not living in the UK now? Thanks
Mike
November 19, 2015 - 3:29 pmHi Mimshack,
1 – It varies. The vast majority allow deposit by Paypal, Credit/Debit card, Skrill, Moneybookers and some others. You have to check with each bookie.
2 – Same method that you deposited with.
3 – You might be a bit more limited. Where are you living? Some require proof of age/address.
Mike
Ben
November 19, 2015 - 4:22 amHi Mike
What would a £200 start and 10 hrs a day acheive?
Also could this be worked on during a night shift or is it just daylight hours?
thanks in advance
Ben
Mike
November 19, 2015 - 3:31 pmHi Ben
£200 would get you started nicely. You won’t be making money for each of the ten hours initially as there’s a lot of waiting at first. Those hours will be really useful for training, learning things that will be helpful down the line and generally getting stuck into reading the forum. You’ll breeze straight into it!
You can do everything at night, you’ll be placing bets on games/horse races for the following day though – which is fine. When it comes to the reloads, some of them are inplay bets that are to be used on mid-week football – so around 8PM in the evening. This might be a bit tricky for you, but generally you’ll be making a good profit so it won’t matter if you miss one or two.
Mike
Mimshack
November 19, 2015 - 3:47 pmThanks for the reply.
1. what exactly is the proof of age used, and the address are they both the verification of the name of the betting account holder?
2. what percentage of bookies require age and address verification?
3. can I start with €50 and how much do you think I can make in a month’s time?
Thanks for the reply 🙂
Mike
November 20, 2015 - 2:38 pm1 – Passport/ID and a Utility bill is what I normally send.
2 – I’ve only been asked by William Hill and Dafabet, I imagine there’s some others that check too.
3 – I think around 70 euros is needed to get going.
Mike
Stan
November 24, 2015 - 3:32 pmHi there. What an insightful review. I am going to go ahead with PA with 150 start. I have my weekends off so I’m fine for finding time to do this but I just wanted to know if I could do this between 10pm to 1am weekday nights on all my horses and football bets for the following day?And also could I do the casino / bingo offers between them times weeknights?
Mike
November 24, 2015 - 4:30 pmHi Stan,
Thanks! Yes you’ll certainly be able to place football bets. Some bookies are slow at getting the horses up but in general you should be able to get on them.
And yes, you can do the casino offers any time. Some bingo offers you might miss out on, but should be able to do them at the weekend when people are playing. Hope this helps!
Mike
Stan
November 24, 2015 - 5:03 pmThanks Mike.
Also I wanted to do this effectively as possible. Is it best to use PayPal from the start as in from membership payments all the way through to bookie withdrawals? What would you recommend?
Mike
November 24, 2015 - 9:08 pmHi Stan
I recommend paypal, yes. Keep your matched betting fund untouched from your personal, every-day funds. That way you can grow the profit into a decent sized bank and use it to make a full time income from. Its a vital thing that I wish I’d done myself from the start!
Mike
Will
November 24, 2015 - 10:14 pmHi there Mike,
What would be the realistic amount that I can earn in my first month with only a £50 start?
Mike
November 25, 2015 - 8:38 amHi Will
It’ll be a slow start as you’ll be waiting for your money to be transferred around. If you could spare another £50 then that would be great. You’ll definitely make a few hundred in your first month, then be well over £1500 in your second month as your bank grows. If you could spare more than £50 to start with, you’ll definitely see quicker results.
Mike
Will
November 25, 2015 - 12:40 pmSo adding another 100 pounds what would be the realistic if I follow all the offers and do those correctly in my first month?
Specifically how much is a few hundred?
Will
Mike
November 25, 2015 - 1:25 pmHi Will
I made over £1000 in my first month doing this, so if you have the time to spare and the motivation to crack on with it, I see no reason why you can’t hit £800+. Try use Paypal to deposit your funds then you’re not waiting as long for withdrawals. Let me know how you get on!
Mike
hans
November 26, 2015 - 7:54 pmHi Mike
Is this system also interesting when living in Belgium.
Harry
Will
November 27, 2015 - 12:59 pmAs you advised to start off with 100 pounds, how would I invest that?
Would I have to put 50 pounds on the coral offer (starter) and the other half on the Betfair?
Mike
November 27, 2015 - 2:47 pmHi Will
Spend the amounts that the calculator tell you to, no more. While you’re waiting for any profit to withdraw from Coral, you’ll be able to the use the rest of your initial £100 to start the next offer. It’s not a case of the more you invest the more you’ll make, it’s more a matter of speed. The more you have to start with allows you to crack on with the next offer whilst you wait for bookies to process your withdrawals.
I’m pleased to see you’ve started though, so do keep me updated on your progress!
Mike
DS
November 30, 2015 - 1:58 pmHi Mike,
Really good review! How imperative is it that you spend 10-30 mins each day? I guess that the more you put in, the more you get out. But say I miss 1 day a week doing this, the profits will still come in? Albeit, more slowly?
Mike
November 30, 2015 - 3:36 pmHi DS,
Thanks! It’s not vital that you login each day. Some days are quite quiet when there’s few offers on. You’ll get emailed by PA on the big, profitable days when there are a selection of good money making opportunities available.
So to answer your question, yes, missing the odd day or two won’t really impact profits. Especially not in the first two months while you work your way through the signup offers.
Mike
Pat
December 1, 2015 - 10:51 amHello Mike,
As the stock market has been absolutely abysmal for me, for quite some considerable time, this seems very interesting! Do you have to have Facebook though?
I have Google which I’m happy with and don’t really want anything else.
Thank you.
Pat
Thank you.
Mike
December 3, 2015 - 6:14 pmHi Pat
You don’t need a Facebook account at all. When you register with PA you use that account to access the offers, the training and the forum. No social profiles needed!
Mike
Mike Hope
December 2, 2015 - 5:00 pmHi Mike,
Interesting stuff on here. I did the initial offers on all the main bookies a few years ago but haven’t done anything since-am assuming there will be some new bookies and the reload offers will be enough to make some cash-how much do you reckon is feasible per mth if I put some time in? Also I have been stopped by 365 from doing their in play footie offers as I was stupid and didn’t bother with any mug bets. Is it possible that my wife could open an account to take advantage of their offers? Thanks.
REgards
Mike
Mike
December 3, 2015 - 6:16 pmHi Mike
You’re right, there’s loads of new bookies, risk free casino offers and plenty of regular reloads. I see no reason why you can’t crack on and get earning again. And yeah, your wife should be able to open a bet365 account without any issues.
Mike
Mike Hope
December 3, 2015 - 8:39 pmHi Mike
Thanks for the reply-you give some really good advice on here. Thanks again
Regards
Mike
Joe
December 7, 2015 - 6:34 pmHi, Mike,
How much can I make with a£100 to start me off with and what can I make in my first 3-4 weeks?
Does this actually work?
Mike
December 9, 2015 - 8:43 amHi Joe,
Sorry for the delay in getting back to you. Yes, this does work. I’ve been doing it all year now. Made an easy £70 last night on the Champions League fixtures. Look at the comment below yours by DS, he’s recently started and has made £50 already.
You could easily make £500 – £1000 in your first four weeks, it’s a realistic amount that most people manage if they have the time.
Mike
DS
December 7, 2015 - 11:10 pmHi Mike,
Up £50 after a few days without the Coral and Paddy Power bets (already had accounts with those) but looking good so far.
I was wondering how you split out your winnings? I want to see the profit I’m making. Also, do you have a spreadsheet you use to track your bets and winnings etc?
Also, do you find the commission on deposits and winnings a bit annoying? They didn’t have to skim off both!
Mike
December 9, 2015 - 8:47 amHi again buddy
I have a spreadsheet in Google Sheets so I can access it anywhere. I have a balance page where I list all my balances, pending withdrawals and un-used free bets. It allows me to see my total net worth for matched betting!
I then have a profit/loss sheet. I basically have a column for date, offer, match used it on, then profit/loss. So for example last night would have been
Tuesday 8th December / bet365 £50 inplay bet / Wolfsburg v man Utd / +£35.
Pretty simple. Some people prefer to use pen and paper. I like google sheets as I can update it when at work or away on my laptop.
Get the smarkets offer done. I use them mostly for football offers now. Commission is 2%, it can make quite a difference after a year!
Mike
J
December 11, 2015 - 7:48 amHi Mike,
I have been doing matched betting since March (9 months now) and have just topped the £2,000 profit mark on my own. Although £2,000 in 9 months is lovely, it is nowhere near the figures quoted on here! I already have accounts with all the big bookies and have done many SUBs already, so would joining PA be worth it for me? What information does PA provide that can’t already be found for free on the internet?
Mike
December 11, 2015 - 8:57 amMorning J!
PA does all the hard work for you. All the offers are sat waiting for you – which means the time you spend at the moment searching for them can be used to complete them. I’m sure the increased productivity alone is worth the membership.
Next we have the ‘close matches’ threads in the forum. People post horses that have close odds matches between the bookies/exchange, allowing you to profit from the horse racing offers easily. The same applies for accumulator offers.
Next we have the loopholes section – where any offer that hasn’t been limited by a bookie gets posted. There’s been plenty in the past where people have made £1000 – £10000 in a single session from errors in the bookies software/loopholes in their terms and conditions. That alone is worth a years membership!
There’s also the community that makes it worthwhile. There may be plenty more discrete offers that you don’t discover when you’re searching that get posted. Tips, tricks and new ideas to make profit all add up. I’ve been a member since February now and it’s been one of the best things I ever stumbled across. Let me know if you have any more questions 🙂 Hope this helped!
Mike
J
December 11, 2015 - 2:00 pmThanks for your reply. I think I will try it for a month, but my concern would be that jumping on to the same arbs/offers/loopholes/bookie errors as hundreds of other punters would be a sure-fire way to a quick gubbing. The bookies aren’t daft, they soon spot irregular betting patterns. Do many PA members complain of having their bookie accounts restricted?
Mike
December 11, 2015 - 7:27 pmProviding you mug bet correctly (which they have great advice on), I’m sure you’ll be fine. Everyone does different offers at different times with differentr bookies.
There are much bigger gambling communities/tipster sites/followings than PA, bookies are used to patterns of betting activity by big groups of the public.
J
December 13, 2015 - 2:49 pmThanks for the advice. I have signed up for a month’s subscription (the free trial was no good for me, I already have accounts with the bookie and exchange recommended). I haven’t had the chance to read the whole site yet, but I have to admit that what I have read so far is looking really useful! I will see whether my average monthly profits increase in Dec-Jan before deciding whether to go for a year’s subscription.
J
Dave
December 15, 2015 - 7:02 amHi.
Thank you for this highly detailed information, after all my questions have been answered throughout the comments section all I want to say is I’m in. Your personal story of unemployment speaks to me as I too am suffering the same affliction now but with your advice and £50 I’ve painstakingly saved (being this close to Christmas) I’m ready to turn my misfortune around and (like you) start my own business. I know I’m in for the long haul but I’m in it for the long term and with this review and the prospect of further assistance through the Profit Accumulator I can’t go wrong.
Mike
December 15, 2015 - 8:49 amHi Dave,
Good to hear from you. It’s an awful time of year to be unemployed, but now I look back on last year I’m almost glad it was around this time. Once Christmas is out of the way you can build this £50 into a decent sized bank, then looking forward you’ll hopefully have built up a good income by the summer time and be able to relax a bit more.
Best of luck with it Dave, feel free to email me or comment here if you need any help!
Mike
Kateba
December 17, 2015 - 10:43 amHi Mike,
Do these bookie offers apply to international customers? ie Zambia.
I have an account already with Bet365 and Pinnacle. Got a bonus with Bet365.
But I wanted to know if the other bookmakers are international customer friendly?
Thanks
Mike
December 22, 2015 - 9:52 amHi Kateba,
Some are, some aren’t. It works best for English/Irish customers, so I can’t help you much I’m afraid.
Mike
Chris
December 20, 2015 - 1:06 amHi Mike
I have just completed the ‘basic offers’ on PA. So far I have made £220 profit. Does that seem about right before I move on to the advanced offers??
Thanks!
Mike
December 22, 2015 - 9:53 amHi Chris!
Good to hear you’re doing well. £220 sounds perfect. Have you done bet365 yet? Make sure you do, it’s an essential money maker!
Mike
E
December 21, 2015 - 2:23 pmHi,
I’m reading your articles on the website and it states that you can earn a good income regularly after doing the actual sign up offers? I’ve already signed up to many bookmakers and therefore wonder how to earn a regular income after that. I really need to earn a regular income online.
Thanks
Mike
December 22, 2015 - 9:55 amHi E,
There are plenty reload offers. Yesterday alone I made over £80 for existing customer offers, just from the Arsenal v Man City game. You’ll always be able to make £1000+ a month from reload offers if you put the time in and do every offer available.
Mike
E
December 23, 2015 - 5:37 pmHi,
Thanks, appreciate you replying. What type of laptop would be suitable to this? Since I’ve already signed up and completed a lot of the bookmaker offers, I’m hoping that my partner can also sign up because she is registered as being at a different address. Therefore, what type of laptop would you recommend is good enough to do matched betting that is also suitable for researching and watching movies online? Am I right in saying that she would need a dongle or MIFI if she wants to do the offers at my address?
Also, do you know of any mini trading strategies for earning money on Betfair that is not related to matched betting? I’ve heard of trading over 1.5 goals and things like that.
Regards
Mike
January 20, 2016 - 8:41 amHi mate,
Sorry I missed your comment about laptop. I have a pretty standard 15 inch samsung that I picked up from Cash Converters in 2014! It’s got about 4GB RAM, nothing too fancy. I bought it when I was working abroad in France with the sole purpose of Facebook and watching films, and its been good enough to matched bet on too. Buy a mouse though as using the trackpad can be a pain. All you need to be able to do is have Firefox or Chrome running with a few tabs open. If it can handle that then you’ll be fine really. Yeah a dongle or mifi would work, however if you have 4G internet signal on you phone then you can use that as a hotspot and run the Internet on your laptop through it when doing her offers. Its pretty simple on an iphone or android phone. I can point you in the direction of a guide if you want 🙂
As for trading strategies, I’m afraid it’s not something I’ve ever tried. There’s loads of guides out there but I’ve never given it a go, so I can’t be much help to you in regards to that.
Mike
Charlie
January 2, 2016 - 3:07 pmHi there Mike
Just wanted to ask a quick question, I spoke to one of the customer service agents at PA and they said in order to substain a monthly income of 1500-2000 I will need to invest around 500 is this correct?
Mike
January 3, 2016 - 5:22 pmHi Charlie,
If you want to hit £1000 – £2000 in your first month then you’ll need to invest £500. However it’s also possible to do what I, and many others did, and start with around £100 and patiently build up your bank. You’ll then be able to hit much more offers in your second month and should be easily able to reach £1000. Don’t hesitate in getting started though, the sooner you get going the better. Don’t worry about starting with such a large amount!
Mike
pratik
January 3, 2016 - 11:31 amI am from india can i use profit accumulator
Mike
January 3, 2016 - 5:19 pmHi Pratik,
I don’t think it’s entirely possible. Are there bookmaker offers available to Indians?
Mike
Ben
January 5, 2016 - 2:11 amEvening,
I have been reading up for awhile but a lot of people are talking about this but has anyone who has been on this website and signed up made money. I have started and put in £135 over all which should get me started and then I can re-use the money over and over again? I believe this is the concept but if someone can reassure me then great. I am looking to only make an extra £500 so any advice would be fantastic.
Thanks,
Ben
Mike
January 5, 2016 - 8:56 amHi Ben,
Good question! The money you start with is like a small snowball that grows into a £500 sized snowman very quickly if you keep at it! £135 is a great amount to start with, you’ll be able to tackle a few of the beginner offers at once and (hopefully) not have to wait too long to progress onto the rest.
£500 is a nice amount to make each month too, you’ll be able to achieve that fairly easily without having to spend too much time on it. Its quite fun at the weekends too when there’s plenty football on. Its a perfect time to start, you could have built up a nice fund by the time summer is here! Let me know if you’ve any other questions you need answering 🙂
Mike
Gary
January 6, 2016 - 1:44 pmAfternoon Mike
Really interested in joining up to Platinum as already have accounts with both Coral and BetFred as well as number of others.
I have just over £1,000 in various online bookie accounts, would you suggest leaving a small amount in these accounts and transferring over the majority (say £600) into Betfair as that is where my biggest liability is likely to lie?
If possible I would like to keep the profits and comings/goings separate from my current account. If my bookie accounts, including Betfair, are already linked to my current account do you know if they would let me withdraw any winnings to another account (say if I opened a Post Office account)?
Mike
January 6, 2016 - 7:10 pmHi Gary
Open a new bank account. Post office of ffrees.com I would recommend. Definitely withdraw the majority of the money from your existing accounts, it’ll be a massive help having such liquidity available for betfair and the other websites. Get signed up to the platinum and start investing that money. You’ll have doubled it by the end of January given how much you’ve got to start with!
Mike
Gary
January 7, 2016 - 9:09 amThanks Mike
Signed up to Platinum last night. Looked through the beginners offers and unfortunately I have accounts with the vast majority of them and also half of the advanced offers too.
Looking at the advances offers it appears that you need a substantial bank to complete those. Obviously working through all the beginners offers would help you reach that bank but as I have mentioned I already have accounts with most of them.
Do you think it is still feasible to complete the advanced offers with my bank or do you think I should go straight to the reload offers?
Advice would be much appreciated
Gary
Aidy
January 8, 2016 - 11:36 pmHi mike,
Firstly, great job your doing here in providing information. Was just wondering how much and how often do you personally mug bet? Is the profits you state before or after mug bets?
Mike
January 10, 2016 - 1:30 pmHi Aidy,
Profits are after mug bets. I mug mostly on Champions League, Capital One Cup and on short odds League games like Real Madrid, Arsenal etc. I often like to mug £1 accumulators, and I bet on Man Utd every weekend to look like even more of a mug! As a rule of thumb I was taught to do at least 2 mug bets for every offer you complete. Hope this helps.
Mike
Kevin
January 12, 2016 - 3:10 pmHi Mike
If i start with £500 and just work through the bookmakers sign up offers how much will this earn me and how long would this take?
Thanks
Kevin
Mike
January 13, 2016 - 1:25 pmHi Kevin,
You should manage it in 2-3 months without any issues and if you follow the instructions correctly you should make over £2000!
Mike
Conor
January 13, 2016 - 3:17 pmHi Mike,
You talk about needing to do ‘mugs’ bets to keep your accounts open.
Is this because the bookmakers are likely to remove you from their betting sites if they know you’re just using them for matched betting?
Or is it because they will remove you if you aren’t betting enough?
Also, once you have so many accounts, will these mugs bets plus the matched bets that you are trying to make money off not become incredibly time consuming?
Thanks,
Conor
Mike
January 13, 2016 - 3:25 pmHi Conor,
Good questions. I mug bet on bet365 on a regular basis. They give me a free £10 free bet each week as a loyalty bonus, so it makes sense. Same with the free £5 a week from SkyBet.
A bookie will never remove you from not betting enough – they want you there and spending money! They’ll remove you if the ONLY occasions that you bet are when there is a big offer on. Once you’ve got accounts with all the bookies you’ll have an idea of which are generous and need to mug bet. Some are just throwaway bookies that you won’t really touch much after the signup offer.
For example if I did a football offer on Ladbrokes I’d probably do 2 mug bets and maybe a £1 accumulator too for a bit of fun.
If I then went to do an offer on Paddy Power I’d probably do the same there. I might then go chuck £25 on Man Utd on SkyBet to look like a mug – even if Skybet didn’t have an offer on. Just to keep them sweet!
Once you get going you’ll have a better understanding, get into a routine and I’m sure you’ll see it’s not time consuming. Hope this helps.
Mike
Tom
January 19, 2016 - 10:51 pmHi mike,
I just want advice and help mate, I am so tired of my job now too many hours can’t really cope as much, want to spend more time spending time at home and I’ve read the reviews on PA and I want in.
With your experience in the matched betting sector, how much will you recommend I start with? How many hours and what I will realistically earning?
Kind regards
Tom
Mike
January 20, 2016 - 8:46 amHi Tom,
The more you start with, the better. You need at least £60, but if you want to get started quicker and earning money sooner then start with £200 – £300. You’ll not have to wait as long for the bookies to process the withdrawals back to you.
It’ll be an hour or so a day at first, then when your money builds up you’ll be able to do more offers at once. The money kind of snowballs if you don’t go spending it, it starts off a little slow and steady then catches on. You should be able to make £2000 – £3000 in your first two months if you stick with it and don’t go spend all your profit. That’s vital, keep building it up until you can pay yourself a wage from it. I had to withdraw a lot of mine to pay for the deposit on my flat last year so it took me a bit longer than some people.
Let me know if you need more advice 🙂
Mike
tom
January 20, 2016 - 9:51 amI am 19 years old am more then happy to earn 1500-1800 a month for the time being until I find the career job I am looking for and worked hard at sixth form for, how much will I need to specifically invest and will it take me less then a month to meet that target.
will 100-150 be a good investment to start to get that target?
kind regards
tommy
Mike
January 25, 2016 - 8:44 amHi Tom,
£100 – £150 is a good start. Get started this week and let me know how you get on. I’m happy to give you any help if you need it 🙂
Mike
Fred
January 21, 2016 - 9:42 pmHi mike,
Just read reviews as such, want to know how much will I make in my first 2-4 weeks with a £250 investment?
How many hours do I have to commit? Is it doable?
Can this be a consistent progression too like a less houred job, where I can pay my self a good wage?
Kind regards
Fred
Mike
January 25, 2016 - 8:45 amHi Fred,
£250 is a great start. You can easily earn £1500 in your first month if you put in an hour a day and maybe two at the weekends. You need to build up your money to about £2000, then you can hit many offers at once. From then you can start paying yourself a wage and buying yourself a few well earned treats!
Mike
William
January 22, 2016 - 8:27 amHi mike,
Just a quick question mate?
I am starting to look to something from home now and looking to make between 1300-1500+ a month from home,
Is this doable mate?
How much time will I have to commit?
Will a 200-250 investment help me?
What can I achieve in the first 3-4 weeks and can I make this a full time income?
Mike
January 25, 2016 - 8:48 amHi William
Its definitely do-able mate. I’ve been at it for 11 months now, and there’s people that have been doing it much longer. If you start with 1 hour a day and the £200 – £250 you mentioned, then I see no reason why you won’t earn £1300 – £1500 in your first month. Get started this week – perfect time to start on a Monday! Let me know how you get on mate 🙂
Mike
William
January 25, 2016 - 2:31 pmHi Mike,
thanks for the feedback just another quick question, so if I start today or tomorrow, by mid/end of Feb. I could potentially have 1500 in my account all by doing sign up offers day in and day out (one hour-two hours a day)?
if this is the case I will start tonight aha
Mike
January 25, 2016 - 3:02 pmAbsolutely Will! Get started and you’ll quickly pick it up.
You could potentially hit a big win on a casino jackpot too as many of us have done when doing the risk free casino offers!
Mike
William
January 25, 2016 - 3:57 pmI might have to give my job a week notice aha, this is going to help me a lot thanks mike, I will keep you posted 🙂
harry
January 25, 2016 - 9:59 pmHi mike if i use paypal to deposit will the bookie be able to to know the details of my card and address?
Mike
January 26, 2016 - 8:58 amHi harry
When you pay by paypal the bookies will only be able to see your name. Its all automated so nobody would be looking anyway. However most bookies will ask for your address when you register. It’s not an issue though. BGO casino is the only one that’s ever sent me actual junk mail to my house. And it was just a standard flyer, not a letter or anything.
Mike
William
January 25, 2016 - 11:31 pmHi mike so sorry but forgot to mention that all this is step by step right, meaning that all the sign up offers that are posted daily, they will be a step by step guide right?
William
Mike
January 26, 2016 - 8:57 amHi mate,
Yeah all the signup offers are posted in an order that you need to follow. It means the bigger ones come later on, where you’ve built up more money to do them. They’re updated daily if the bookie changes the sign up offer, and they’re all given a star rating so you know which are the best/easiest ones!
Mike
William
January 26, 2016 - 9:45 amWhat do you mean by build more money?
so I wont be able to pay my self 1500 end of next month?
I hope I’m not asking complicated questions,
How would I make 1200-1500 next month?
William
Mike
January 26, 2016 - 11:07 amWill,
If you want to make £1500 in the next 4 weeks then you will be able to. However if you want to make £1500 the month after, you’ll need to be able to retain some of this months profit.
Your initial £150 investment is used to create a ‘matched betting bank’. It is this matched betting bank that allows you to hit each and every bookie offer.
I’ll give you an example. You do all the signup offers and make £1500. You then withdraw that and spend it on yourself.
On week 5 you see an offer that’s something like “Bet £50 on this horse and get a £50 free bet”. From this offer you could make £40 profit, but if you’ve gone and spent all your £1500, you won’t have any money to be able to complete this offer.
Do you see my point?
Mike
harry
January 26, 2016 - 10:55 amso it all automated so they wont even be looking at the name?
Mike
January 26, 2016 - 11:01 amBookies like bet365 have millions of customers. They’re not going to watch every single transaction that comes through. However they do sometimes check identities of customers to ensure they’re legally of age to place bets. Are you worried someone in the online gambling industry seeing your name?
Mike
harry
January 26, 2016 - 11:08 amhi mike sorry for the many questions i want to sign up to profit accumulator today just want to get all the questions out
You said all the bookies can see is my name is their anyway past it because i really want to use paypal without them seeing any info like name
harry
January 26, 2016 - 1:28 pmMike just spoke to my friend who a ebay business he advised me to just open up a paypal business account that way you change the name to a business one and i can use that for transactions with bookes and they will not see the name 🙂
William
January 26, 2016 - 3:46 pmThat makes so much sense, but I know what you mean. I’m not really a big spender anyway aha, will keep you posted 🙂
William
William
January 26, 2016 - 6:46 pmHi mike,
just been on the PA platform and I’ve watched the video for the coral bet, if I’ve got 150-200 to start with how will I do it? It looks so confusing, I don’t wanna get it wrong and lose 150-200 in 5 mins
William
Mike
January 26, 2016 - 7:45 pmHi Will,
The coral offer is bet £5 for a £20 free bet, so you don’t worry about losing a large amount of money. Watch the video again, many times if you need to. Read the instructions. If you’re still not sure, ask me for help, or the profit accumulator staff for help. It might seem really hard right now, but give it a few days and you’ll be laughing at how easy it is!
Mike
William
January 27, 2016 - 1:29 pmHi Mike,
I can earn more then 1500 right?
I watched the tutorials it’s not as hard as it looks,
Is 150 a good investment to earn 1500+ or would you advice to invest 200?
William
Mike
January 27, 2016 - 1:31 pmHi Will
Just start with the £150. See how you get on first.
Mike
tony
February 1, 2016 - 12:25 amHi Mike,
when signing up for the trial how much do you require to invest in coral and bet fair to start the initial offers?
Thanks
Mike
February 1, 2016 - 7:51 pmEvening Tony,
The coral offer requires you to wager £5 and then a little on betfair. I recommend starting with £50 – £60. You should profit around £15 from the coral offer, its a nice quick and easy start.
Mike
xkale
February 1, 2016 - 8:58 amHi, can I just ask, do you need PayPal to use profit accumulator? Or is there another pay facility I can sign up to? My paypal is jammed up at the moment…and obviously there’s no point trying to accumulate profits when you can’t put any money in your bank! 🙂
Thank you so much
xkale
February 1, 2016 - 9:23 amOops, I have some more questions!
I found this website which said
“It is therefore always worth scanning a copy of the following documents.
a bank statement
the payment card you have used on the relevant gambling site”
so do these count as ID, or do you absolutely have to have a passport or something? I’m pretty well skint broke so I can’t afford to order and wait for a passport, I don’t have any ID 🙁
Also, do you need to use spreadsheets because I am horrible at them…
It is so annoying isn’t it, just when you need things to be easier because you have no money, there are all these hoops to jump through which you can’t afford as well!! Lol.
Thanks for all your time and advice. Much appreciated 🙂
Mike
February 1, 2016 - 7:59 pmHi buddy
Firstly, you need Paypal just to pay for profit accumulator itself. However you can join the free trial and get started with the first two offers in the mean time whilst you sort out your Paypal.
I only needed a copy of my ID for William Hill and SmartLiveCasino I think. It may have changed but you should be able to make a chunk of profit before you get to those two offers. I’d get a driving lisence sorted when you’ve made some money, should only be £25 max and will come in useful with other things in life.
You don’t need a spreadsheet. You can record profit and jot notes down in a notebook. I just use the spreadsheet to keep track of where my money is in each account.
Keep in touch and let me know how you’re getting on with it, or if you have any questions. I’d be glad to help you 🙂
Mike
Paul
February 1, 2016 - 10:00 pmGood evening Mike,
Just been looking at the websites ( well the wife is) just wondering if you have any advice for use green recruits. Are their any obvious pit falls that beginners should avoid?
Mike
February 2, 2016 - 9:21 amMorning Paul,
All I would say is take your time. Make sure you understand the concept fully. Some people go flying in head first and instead of making £40 profit they’ll only make £10 – or worse sometimes! It can seem a lot to take in at first, so grab a coffee after a good nights sleep and get cracking!
Let me know how you get on 🙂
Mike
PAUL
February 7, 2016 - 10:29 pmHi Mike,
Really informative article, having read everything, its all pretty clear. One question – you mention the post office and ffrees as ways to keep this away from your ‘normal life’ and bank accounts etc which is something I want to achieve, however would you not recommend using PayPal 100%? are there any transactional fees that you are aware of from using PayPal for all transactions in/out of online bookmakers? I have just done some initial research and I believe there is not for the consumer as the bookie takes the hit.
Any other reason you wouldn’t use PayPal exclusively? any bookies that you are aware of don’t accept PayPal…and…and…and?
Thanks for feedback.
Paul
Mike
February 14, 2016 - 1:22 pmHi Paul
Most bookies accept Paypal, but not all of them. There’s no fee for you when using it either.
Mike
Dan
February 10, 2016 - 9:35 amI already have betting accounts with the popular sites, Sky, Bet 365 etc. Is it still worth me signing on or would I have missed the offers?
Mike
February 14, 2016 - 1:21 pmHi Dan
Apologies I missed your comment. When I started with this I had a Coral, Sky, Will Hill and Bet365 account and it was still very much worth my while. Have you started yet? There’s over 50 offers to complete so don’t hesitate in joining profit accumulator!
Mike
Dave Taylor
February 14, 2016 - 10:41 amHello, Mike.
I am seriously considering having a go a matched better using Profit Accumulator for guidance. I am now ready to sign up for the free trial. However, should I continue after the free trial, I would want to keep by betting monies separate from my everyday finances – i.e. not using my bank current account. In your review you state: “The majority use Paypal which is really quick though, so its rarely an issue.” That is the way that I am thinking of going. I have a Paypal account that I use to make very occasional* online purchases on Ebay or other websites (*once last year). If I was to use my Paypal account, how would I do this? I have £350 – £400 to start with. Would I simply pay this into my Paypal account and then use this to put on bets and withdraw winnings back into?
Thank you.
Dave
Mike
February 14, 2016 - 1:24 pmHi Dave
Not all bookies have Paypal available for depositing customers. I setup an account with ffrees.com last year and it’s been really useful. I wanted to keep everything separate and it allows for just that. I’ve heard the Post Office accounts work in the same way so that’s always an option.
When you use Paypal to deposit money into a bookie, they’ll use Paypal to send you the money back when you withdraw it – they always make you use the same source in and out! Hope this helps.
PS I grew up in Chorley!
Mike
David Taylor
February 14, 2016 - 9:31 pmThanks, Mike.
OK. I’ll have a look at ffrees and the Post Office and open an account with one of them.
Thanks again.
Dave
Paul c
February 15, 2016 - 7:31 pmGood evening Mike spoke to you on the 6th of Feb, the partner is struggling abit with and could do with a hand, shes getting confused with it all any chance you can give her some gifted advice?, she’s down loaded the information but is still stuck, many thanks
Paul
Mike
February 15, 2016 - 8:24 pmSure Paul.
Are you matched betting yourself? Tell her to drop a comment here. Is she a platinum member? The forum would be a great place too, there’s people with more knowledge than me on there!
Mike
David Taylor
February 16, 2016 - 2:29 pmHi again, Mike. Please could I pick your brains again.
I have been on the Ffrees website. There seems to be three pricing points – £0, £5 and £10. What would you recommend to be the best pricing point for somebody just starting out and using the PA system?
I currently have several email address that I use for different activities. Would you recommend that I set up a completely separate email address for my betting activities? I do not want offers etc clogging my Hotmail, Yahoo and Gmail accounts. I do have a Yandex account that I could use, or have you any advice on what would be the best free email service to use?
I subscribed to your newsletter using my Yandex address. I did receive the verification emails and clicked on the link but I haven’t received a confirmation email that I am now on the list. Please could you checked that I am indeed on it?
And finally! When I join PA I will be using your affiliate link to join. Where will I find it?
Thanks very much for your help.
Dave
Mike
February 16, 2016 - 2:41 pmHi Dave,
https://www.ffrees.co.uk/fees < Have a look at this page and move the slider around. Paying for a £5 a month account means you don't get charged for using the debit card. You could potentially be depositing to 1-10 bookies a day, so by paying £5 a month to ffrees you could save yourself 15p - £1.50 in transaction fees. I pay the £5 a month if that helps! Make a new gmail account - its by far the fastest and easiest of mail providers. Having one purely for matched betting is ideal, just stay in the habit of checking it in a morning and evening for exclusive offers! You should get a welcome email from me within 3 days. Let me know if you don't get one! Click one of the big blue or green links within the review above, that'll do the job. Much appreciated! Let me know if you need any more questions answering Dave 🙂 Mike
David Taylor
February 17, 2016 - 1:50 pmHi, Mike.
Frees account applied for and accepted – just waiting for the Debit Card to arrive. Additional Gmail account created. Just one other question. If I sign up for the PA free trial now, do I have to use the two free offers immediately, or can I peruse the training material and use the bets in 7-10 days when my Ffrees card arrives and I have transferred funds into the account?
Thanks again.
Dave.
Mike
February 17, 2016 - 1:57 pmHi Dave,
Take your time with the free trial, you’re not in any rush to get it done within a certain time. Take the time to get your head around it and understand everything. My debit card arrived quite quickly so hopefully you don’t have to wait too long.
Mike
xkale
February 18, 2016 - 9:31 amI just did it!! I just started the beginner offers. I really hope I did it right…! I am pretty hopeless at numbers. Fingers crossed and I’ll see what goes down in the next couple days.
Mike
February 23, 2016 - 5:14 amWoooooo! Nice one buddy. Hows it going?
Cappy
February 22, 2016 - 11:58 pmHi Mike
This has been an amazingly helpful read. I came across matched betting about 6 months ago, but couldn’t find anything straightforward enough nor had the time to commit. I’m looking to fund a renovation too as well as review my investment options. Your comments and Sam’s PA video have been very informative, so I’m likely to get started this week with a free trial before committing. Will let you know how I get on. Any reason why you use ffrees, out of interest?
Mike
February 23, 2016 - 5:15 amHi Cappy
Sounds like a great reason for you to give it a go! I use ffrees purely to keep it seperate from my day-to-day bills and transactions. I chose ffrees as someone who works for PA recommended it to me!
Mike
Cappy
February 23, 2016 - 12:10 amAlso is £2000 the maximum you can earn each month with PA?
jimmy
February 29, 2016 - 4:53 pmhi would be grateful you could help.
I want to achieve £2,000 realistically per month (more if possible) but not being too greedy lol my starting budget can be either £500 or £3000, but my main concern is that I hear it is difficult to make 2k per month off one account. I would like to make 2k+ per month off one account, I can dedicate 4-8hours per days if needed. is it possible? or should I really be looking at a second account.
budget is £500-3000 (willing to put in full 3000 but need more details how I can benefit from such a large amount)
one account preferably
target = £2,000 per month asap.
best regards
Mike
March 1, 2016 - 8:25 amHi jimmy
Most people that struggle to make £2k a month do so for three reasons –
Lack of time – Not an issue for you if you have 4 – 8 hours a day.
Lack of bank balance – to make £2k a month you need to hit every offer. Many people withdraw most of their PA profits so don’t have the money available to hit all the offers. This won’t be an issue for you, as if you start with a big balance you’ll build a big bank up quickly and be able to do more offers.
Mistakes – some people rush into things, gamble on slots or make mistakes laying bets as they’re in a rush. This takes a chunk on their profits slightly.
If you started with £3000 and had 8 hours a day you’ll fly through this Jimmy!
Mike
jimmy
March 1, 2016 - 12:35 pmthanks mike for the instant reply!
I will take my time at first to learn the whole process inside out, before I start placing my whole 3 grand. one final question is it possible to sustain 2k per month off one account on reload offers? what sort of time and budget would I need for this stage?
Mike
March 2, 2016 - 5:28 amHi Jimmy,
It is possible, yes. Some bookies are partner friendly, so if you have someone else that you live with that can lend and a hand then it’ll help you further. My girlfriend has a bet365 account which boosts my profits when they have the £50 risk free bet offers!
Mike
Rob
March 1, 2016 - 7:10 pmIs it possible to maintain 1600+ per month on the reloads?
Mike
March 2, 2016 - 5:25 amYes Rob, providing you build up a big balance and don’t withdraw it all.
Mike
alan
March 1, 2016 - 9:24 pmHi, by making a post office bank can i still use PA without affecting credit reports, since some mortgage lenders may be iffy.
Mike
March 2, 2016 - 5:26 amHi Alan,
Yes you can. If you use the post office account rather than your current account, bank managers won’t be able to see it. I’d definitely recommend doing that.
Mike
Foz
March 5, 2016 - 3:27 pmHow much money and time did you invest mate to make 1500 monthly?
Mike
March 6, 2016 - 9:31 amHi Foz
I was doing 10 mins in a morning before work, about 20 mins on my lunch break then maybe another 30 in the evening. I started with the bare minimum of £75ish and added in an extra £50 a week later I think.
Mike
Bryan
March 5, 2016 - 5:55 pmHi Mike, I’m looking at getting into matched betting and using PA on a monthly basis, probably starting with 100 pound and slowly building up the bank. I’ve read all of the above comments and your review and any questions I had have already been answered. Only one I have is, can using PA and all the online sites needed be done from a mobile? Or do u need a tablet or laptop? Thanks Bryan
Mike
March 6, 2016 - 9:32 amHi Bryan,
You can do pretty much everything on your phone really, it’s just a bit of an effort really. If you have access ti a PC/Tablet/Laptop then it’d definitely save you some time and frustration!
Mike
Steve
March 6, 2016 - 7:22 amHi, Great review and I have done the free bets and they worked perfect. Exactly as promised so considering platinum. However I have one concern and I was wondering if you could shed any light. As you know people would of course be concerned with the betting sites limiting or suspending accounts. I’ve read the tips about mug betting and keeping the accounts looking as natural as possible however….What I don’t understand is as Profit accumulator use affiliate links to link to the offers (so they make money from this of course) what’s stopping the betting sites taking a look at where there traffic comes from eventually and saying well everyone who has come through the profit accumulator site is of course taking advantage of bonuses and limiting any accounts created through these affiliate links? Other blogs have mentioned that you really need to keep the accounts looking good, place mug bets, watch live streams, spend a few £ on the casino every now and then but none of this will keep your account looking clean if they look at the affiliate link you sign up through and investigate the account because of course there will be matched betting patterns on there? This worries me because if say it happens on betfair when you are putting up £££’s in liability or leave your account building up into the thousands and then they suspend or terminate your account based on the fact that you are matched betting then you of course can lose? Sorry to be negative because everything about this is awesome and I really really am excited to get started but this really scares me, do you not feel that perhaps profit accumulator are taking a risk by using affilliate links from their website to the betting sites. Instead of just making revenue from the sign ups to premium?
Mike
March 6, 2016 - 9:35 amHi Steve,
PA Doesn’t use affiliate links to the bookies. Myself and plenty others have asked them and checked, and they definitely don’t. You don’t always even need to use the link they post, a lot of offers can be found by directly visiting the bookies website or through Google.
Betfair exchange profits massively from matched betters, traders and arb hunters. With the exchange you are betting against other betfair users – not betfair themselves – so they would never suspend your exchange account as they make 5% commission from all of your winning bets!
Hope this clears it up a bit.
Mike
Foz
March 6, 2016 - 11:24 amSo you only invested around £150 and then made 850 in your first month and 1500 thereafter month after month, how did you manage to do that, it looks hard to do.
Really need some help mate.
Foz
Mike
March 7, 2016 - 8:41 pmI started at the end of February. I skipped ahead and did some bingo offers early on which helped build up funds. Cheltenham festival begins next week, so you’ll start to see hundreds of bookie offers. It was probably this that helped me make so much money really. I imagine I’d have only managed £400 – £500 in my first month otherwise.
Second month in and I was cruising. You can easily hit £1500 in 6 weeks just from the beginner offers.
Mike
Foz
March 8, 2016 - 12:07 amWill take that onboard, and this is all sustainable right?
Foz
jay
March 9, 2016 - 7:37 pmHi how do you deal with the gubbing accounts issue, i mean people can get restricted any time but how do you actually keep them off?
Mike
March 9, 2016 - 8:36 pmHi Jay
I got gubbed by Paddy Power straight after using the free bet. I was inexperienced and naive, put £30 on a small Irish team to draw at high odds. My girlfriend has an account with them too so I can use that. Not everyone is that lucky though.
Copying accumulators that popular football tipping groups post on Facebook is a good tip. You definitely look like a mug when putting these on, as they rarely win (as the tipster wants to make affiliate commission).
People often don’t mug bet with big enough stakes. They do mug bets with round stakes like £15, then take part in £25 acca offers. It doesn’t luck genuine enough! If you win a bet with the bookie, use that bookie to mug with 100% of the winnings. For example I won a £110 bet with Bet365 and put all the winnings on Man Utd as a mug bet. They lost, so I look like a greedy gambler that supports Man Utd – not a matched better.
Hope this helps a bit!
Mike
Jay
March 10, 2016 - 2:29 pmYes that sounds like a normal punter, but then the question is how often should This be done since you cannot be betting 100% many times since the profit margins ain’t the greatest. How about the small acca bets placing like £5-10 quid on a few bets on the weekends, every weekend? I think the biggest thing to focus on with Mb is the gubbing issues.
My aim is to achieve around 1500 per month each, with 2-4 Sep accnts…
Rob
March 14, 2016 - 5:22 amHi I’m going to star beginner offers tmo, I have a bank upto 3,000, and obviously I want to make maximum of if these offers. I just wondered could I end up getting gibbet for choosing higher odd matches with my free bet? What is the max I could make if beginner offers safely, with what bank?
Mike
March 14, 2016 - 5:30 amHi Rob,
You should make £1200 – £2000 from the beginner offers. In the forum there is a tutorial by James about how to use your free bet for an accumulator. It’s quite advanced if you’re new to accumulators, but it’s basically a better way of using high odds on a free bet without looking like a matched better. Many mug punters will be given a £50 free bet, and will throw it on an accumulator in an attempt to win big money. The bookies definitely prefer this!
Mike
Tommy
March 23, 2016 - 9:29 pmHi mike can you help me signed up to profit accumulator then signed up to coral had a problem with signing up to bet fair tried to sign up to bet fair then halfway through computer crashed now it’s cancelled our application and we are waiting for a email back from them but been waiting 3 days now is there any other way round it has it got to be betfair
Mike
March 25, 2016 - 11:48 amHi Tommy
Has this been resolved? You can use smarkets.com – it’s also a betting exchange and works in exactly the same way.
Mike
Rob
March 14, 2016 - 11:14 amYes! I’ve read on the forum acca is the eventual goldmine in Mb as many as 15 at one go. So if I do it from the get go, I can make more money, build a profile of accas and become a high value punter. That is a great tip! It’s just getting my head around it all at such an early stage, since they do say its advanced but not impossible!
BTW was 1200-2000 by using accas from the start?
Dave
March 25, 2016 - 11:36 amHi I have a question if that’s ok
I’m new to all this, and just wondered if anyone would be so kind to clarify a few things for me
I joined profit accumulator made the profit, but then withdrew it, so now I have nothing in my Coral, Betfred or Betfair
I’m going to start again by signing up for Platinum Membership and continuing with the offers.
My questions are
Is £100 enough to start with and would you put some of this in betfair and some in the sites you sign up with as a new customer? Or would you use say £10 of that £100 to get your free bet with a betting site, and then deposit the liability into betfair, leaving some of the £100 to use to sign up with the next site?
How do you make money? As I understand, say if I deposit with bet365 and get my free bet, does the money stay in bet365 if I win (or betfair if I win there) or would you withdraw it from either site to fund the next offer (or leave the money in betfair to fund the next lay bet if I win there) and use some of the initial £100 to fund the next signup.
Last question
If I use a site (say bet365) wager my initial deposit and also get my free bet, is it true that you can’t make any more money from matched betting on that site until you get reload offers? I.E I can’t keep matched betting on the same site
Many thanks in advance
Mike
March 25, 2016 - 11:47 amHi Dave,
I’ll go through your questions in order –
£100 is enough to start with.
Take it step by step. Your first offer will require £10 in the bookie, so you’ll need £10 – £20 in betfair. Just deposit as, and when you need it.
If the bet wins, your profit will end up in bet365. If it loses, you’ll get the profit in betfair. All will be explained in due course, so don’t be too overwhelmed now.
With a site like bet365 there’s always money to be made from reload offers each day. Some are quite advanced, so you may find that you use bet365 for the initial offer and then don’t use them again for another month until you’re ready.
I advise you join PA and take it one step at a time. You’ve learned the concept, now it’s just about growing your money and moving on from here.
Mike
Dave
March 25, 2016 - 12:12 pmHi Mike
Thank you for the quick reply. I’m going to sign up this week.
I’m confused on how to grow my money, do I withdraw it to my bank to use it for signups/deposits into other sites where I’m placing the back bet (I understand the betfair side of things)
or is this all explained on the forums on PA
Thank you once again
Mike
March 25, 2016 - 12:45 pmYeah that’s exactly it. Keep track of it all in Google sheets/excel/pen and paper.
Mike
Dan
March 26, 2016 - 2:56 pmHi
I’ve seen it mentioned on Twitter that Martin Lewis has recommended ProfitAccumulator and this site came up when I google’d it. Is this true?
Mike
March 26, 2016 - 3:04 pmHi Dan,
I often see this mentioned on other people’s blogs, forums and social media. Martin Lewis hasn’t personally vouched for Profit Accumulator – I’d say he’s too busy to have ever even heard of it!
He is aware of the subject of matched betting though, and has a section on his forum allowing users to discuss the concept. The MSE forum clearly states that it is for discussion of risk free offers only, and ensures users are aware of the dangers before entering.
I noticed a Google search of ‘Profit accumulator + Martin Lewis’ brings up my website – yet I’ve never actually claimed that he’s vouched for it. I’ve noticed a few other matched betting blogs have mentioned it though, they should probably correct it.
Hope this helps.
Mike
BigDave
March 27, 2016 - 9:12 pmSurely if PA has so many members any offers they post up will be massively over subscribed?
Mike
March 30, 2016 - 7:54 pmHi Dave,
Of the 10,000+ PA members, only a thousand or so will actually take part in a standard bookie offer. These same offers get shared all over Twitter, Facebook and emailed out to thousands of gamblers on mailing lists – so PA is just a small fish in a big pond of guys who regularly bet on this stuff.
Mike
John
April 1, 2016 - 12:12 amHello Mike
What bookies should I start with for the free offers or does it matter.Just a bit confused.
Thanks John
Mike
April 1, 2016 - 4:08 amHi John
If you mean the free trial, do Coral first, then Betfred.
Mike
Paul Scullion
April 5, 2016 - 12:53 pmMike can you confirm you have some kind of link to PA.
Don’t get me wrong your a great sales rep.
However I belive your pooling the wool over people’s eyes with promised 1000s. You will not make anywhere near £1000 in a month starting with a £80 float.
Also you say you’ve only needed I.d twice? Come on your at it, almost every single bookie requires passport/driving license plus utility bill/bank statement. And generally this can take any time between 2 and 7 days!
I must say I am tempted at the free trial but it would be of no worth to me, as I already hold an account with the bookmakers you suggest starting with.
Mike
April 5, 2016 - 1:18 pmYes Paul, I’m an affiliate of PA. Whilst I might look like a sales person, I just set this blog up to try help others out – as at the time when I joined there was very little information on the web about PA. If you’d have seen this site a year ago you’d have thought it to be quite plain and empty – it was literally a white page with text on it!
I don’t want to promise thousands – I’ve written in the FAQ that it all depends on people’s circumstances. I made a significant amount of money as I hit a few nice slots wins on Betfair and had around £200 out of 666bet (who have since gone down). I can’t remember the specifics, although there’s a £100 slots win screenshotted above that was from free spins. All these add up. Also, at the time when I joined, I got a bet £50 get £150 from paddy – so that’s probably £100 more than you can make with their current offer. There was a couple of accas too that came in from small £3 and £4 bets which of course helped.
Once you’ve joined and read the forums you’ll see many people are earning large amounts in their first few weeks – it’s not uncommon. In April/May last year I got my girlfriend to do all the beginners offers and documented them all in a log in here – totalling over £1000. I’ve since taken it down for SEO purposes, but could probably dig it out for you.
She needed ID verification for William Hill, Paddy and Coral (Who wanted it in-store). I only needed to send mine for the Bingo sites, and a few bookies as it was only last year that it properly came into effect. Ive recently sent it to 12bet too. If the mindset, focus and time is there, I see no reason why new members can’t make a large sum of money. Admittedly the ID/Address verification will slow down the process a lot now – but my point remains the same – that an hour or two of hard work and focus each day can bring in some nice profits. The exact amount isn’t too important – as I said in the FAQ, £500 profit is £500 that you wouldn’t have had if you didn’t do matched betting!
You should have a look at the free trial purely to get the free training and see what’s in store for you. It might help you make up your mind!
Mike
Paul Scullion
April 7, 2016 - 11:15 amThanks for the reply.
I did sign up for the free trial but it was pointless, I already had accounts with both, although I must say PA does a good job of talking people through it.
So does PA show you other offers other than sportsbook? You mentioned bingo wins and casino screen shots. Ive been match betting myself for many years and I certainly have not came across any bingo offers in last year or two where you could guarantee to make a profit. There are offers, like laddies bet £10 get £50, which ironically i did win £900 from. However it wasnt risk free, as I was never guaranteed any win whatsoever, it was a gamble. Are these the type of bingo offers PA would encourage you to do? And can you tell me a bit more about the casino side of things at PA(I never knew they did this either). Thankyou
Mike
April 7, 2016 - 11:59 amHi Paul,
I should note that the Bingo offers are not risk free. PA doesn’t encourage you to do them until you understand the consequences, or have the funds built up. The strategy shows you how to maximise the bonus, which from the 10 offers that I did, 9 of them brought in profit, and one broke even. Whilst I didn’t make £900 profits like you, the bingo brought some lucrative results. You have to do them one at a time though and submit documents for them all, so its a bit of a side project rather than a daily focus.
The casino offers are clearly marked when they’re not risk free. However they’re all positive EV. So a slot that has a 95% return to player value can be profitable when used as a bonus. For example bet £100 on slots, get £20 cash. In general, you should lose £5 but be given £20 at the end of the wagering – so if done correctly it swings the value back to the player and away from the casino. Some members choose to avoid these though due to the variance – you could win £13,000 (as a PA member did the other day), but also lose more than the £20 that you’re given at the end.
There’s plenty risk free casino offers. Some roulette and blackjack – but the majority are slots/vegas/arcade style. Free spins, £5 risk free spins – that style of offer. They’re quite fun to do as some of them only take a few minutes – and hitting a bonus round and winning £50+ is always good fun!
Tony
April 9, 2016 - 9:52 amHello,
I’m from Germany. Is it possible for me to participate at this wonderful program?
Thank you for your answer.
Regards,
Tony
Mike
April 9, 2016 - 10:00 amHi Tony,
I’m not sure. I advise you join the free trial and learn the basics of matched betting. You can then apply those principles to any bookmakers that offer free bets in Germany.
Mike
Tony
April 9, 2016 - 10:33 amThank you Mike!
Are any risks of losing my money in this program or it’s risk free?
If I will join as your referral can I please have your help, if there is something I don’t understand?
Mike
April 15, 2016 - 4:32 amHi Tony,
The offers are risk free if done correctly. Anything that isn’t risk free is clearly marked as low-risk.
And sure, i’ll be here to help you out!
Mike
Lee
April 12, 2016 - 5:09 pmHi Mike,
I’ve really enjoyed reading through all the questions above and your answers! I’m very tempted to join, My aim is to keep at this for the long term but I have a question around mug betting. ,
You mentioned above it’s good to do 2 or 3 mug bets for every free offer used up, but some people mug bet with to lower stake, i.e only £15
You mentioned above you got frozen by Paddy Power
Copying accumulators that popular football tipping groups post on Facebook is a good tip. You definitely look like a mug when putting these on, as they rarely win (as the tipster wants to make affiliate commission).
I like the info you give here below in your quote but where is the profit made if you need to gamble and lose the entire winnings to avoid looking like a matched better?
“People often don’t mug bet with big enough stakes. They do mug bets with round stakes like £15, then take part in £25 acca offers. It doesn’t luck genuine enough! If you win a bet with the bookie, use that bookie to mug with 100% of the winnings. For example I won a £110 bet with Bet365 and put all the winnings on Man Utd as a mug bet. They lost, so I look like a greedy gambler that supports Man Utd – not a matched better”
Lastly is there a % rule of thumb I can go by for mug betting so I still make a profit? i.e. how much I need bet/lose in comparison to the stake on my matched bets using the offers?
Looking forward to your answer
Lee
Mike
April 15, 2016 - 4:31 amSorry Lee I didn’t spot your reply sooner.
I don’t think there is an ideal rule of thumb. Some bookies just go on gubbing sprees and gub anyone that’s done a few offers. It’s a strange old game but we’re lucky (I think!) to live in a country that’s full of bookies and casinos! You’ll tend to make a slight loss on mug bets – it’s just the nature of the game. If you have substantial football knowledge then you can overlay/underlay your mug bets to limit your qualifying losses, but this will increase your loss if you don’t predict the outcome correctly. That’s a whole different subject though so I won’t get into it now! Let me know if you need any help.
Mike
Ryan Hind
April 15, 2016 - 4:16 amI am looking at starting Matchbetting full time with profit accumulator. I hope to be working around 5-8 hours per day, 6 days a week if possible. If i was to start with an account size of 10k how much per month would i be able to earn? Thanx for the information Mike, i’ve shared this post with friends.
Mike
April 15, 2016 - 4:26 amHi Ryan,
Assuming you were to grasp the concept and the advanced stuff quite quickly, you’d be one of the people that could stretch yourself over the £2k threshold. It wouldn’t be easy, and it’s mentally draining some days when you’re jumping through hoops just to make £4 from a small offer…but it IS possible!
Mike
lee
April 15, 2016 - 3:06 pmHi Mike thanks for the reply.
Like everyone else here I love the concept and really hope I can keep it lasting for a very long time.
I do need to see things to believe them but it does sound to good to be true consistently earning £500-£1500 using 1 account and not getting your account suspended by a bookie, even carefully following a mug betting plan and not taking too much value from the bookies..
I haven’t read through the forum yet, however just out of interest how many bookies have frozen your account so far?
And what happens if you have built up a substantial amount of money in your betting account and you keep it in there to stop the bookie from thinking your a matched better but then they decide to freeze your account anyway, you risk losing quite a bit of money?
Thanks Lee
Mike
April 16, 2016 - 3:01 pmHi Lee
I’ve only been gubbed from Paddy Power so far – although I don’t do as many horse racing and football refunds as I could – so it has the potential to be worse if I get a bit more active! When they gub/freeze you out of promotions, they don’t freeze your account completely. You can still use it. It’s against the law for them to take your money – unless you’ve done something fraudulent!
Mike
Steven
April 18, 2016 - 1:35 pmHI
Could anyone advise me on the best online bank account I could sign up for to do this, I don’t want to use my current account.
Steven
Mike
April 19, 2016 - 8:56 pmHi Steven,
Checkout the post office current accounts, or the free account at ffrees.com.
Mike
Di
April 24, 2016 - 1:16 pmThis is new to us and both myself and my husband are interested in match betting.
Just a couple of questions
1. We have both opened separate Betfair accounts. As I have more time than him and will probably do the admin side of it would it be easier to just use one Betfair account to keep track of profit and loss.
2. When we used the odds matching software on the free trial we noticed that there was quite a lot of discrepancies when compared to the bookie and exchange. Is this because it is the free trial and if we sign up will it be more accurate.
We have already made a mistake when using the Bet Fred offer- we filtered the software for odds greater than 2,and when when we placed the bets on the Bet Fred and the exchange they were actually marginally lower which brought them under 2. Not remembering that odds had to be greater than 2 to qualify for the free bet we unfortunately missed out on the offer
Mike
April 25, 2016 - 4:35 amHi Di,
Apologies I haven’t replied sooner, busy weekend! You can probably do fine with just one betfair account – although you get some good sportsbook/arcade/casino offers from betfair, so an account each wouldn’t be such a bad thing!
The odds matching software is still in development, so that’s something to bear in mind. The previous software was rented from an external company and was removed at short notice as far as I’m aware – so PA have had to develop their own in a short space of time. As a web developer, I know this will be an absolute nightmare for the guys in the PA office – as software of this size is no quick fix. It leaves you with a couple of options – join as a paid member now and get odds found for you by the team on the forum, or find them yourself. Alternatively I could drop you an email once I’ve fully tested the software and let you know when its working – then you could join.
As a bit of advice from someone that was a beginner just like you are, I’d recommend getting a notepad and writing everything down. So write down ‘Place £10 bet on x at odds of 2.0 or above. Lay £12 on x on betfair.’ Just having it written down in front of you can save you from any small mistakes. Gutted you miss out on the betfred offer – but don’t dwell on it, I’ve made much bigger mistakes! Betfred is just a small drop in a fruitful ocean!
Mike
Di
April 25, 2016 - 8:16 amThank you for your prompt reply Mike. Think we are going to sign up as we already know someone who has recommended that we do and they are earning up to a £1000 a month! Definitely going to use a notepad from now on as well!
Mark
April 24, 2016 - 1:49 pmHi
Just lost my job and need to meet mortgage,worried sick at moment.
Got plenty of time to devote and pick things up quick.
Have a float of 300pds would i be able to d0 1500 a month regulary
Thanks
Mark
Mike
April 25, 2016 - 4:27 amHi Mark
It’s certainly possible, although it’d be a few months until you’d built up the float to be able to consistently withdraw £1500 a month. I’d definitely think about joining, but perhaps don’t rely on it as your main source of income. Hope things work out for you, unemployment is something I wouldn’t wish on anyone.
Mike
Lewis
April 25, 2016 - 11:04 amHi Mike,
If I use my debit card when bookmakers request this method of depositing, will my bank slap on charges as it will show as a gambling transaction?
Is PayPal better than Skrill as a bank for funding matched betting?
If I spend a couple of months in Cyprus, will I still be able to do this, or would bookies stop my activity?
Thank you,
Lewis
Mike
April 25, 2016 - 8:13 pmHi Lewis
Your bank won’t charge you – but if you ever wanted a mortgage or some finance from them, gambling transactions wouldn’t look great. Open a post office or ffrees.com account for matched betting if this is something that worries you.
Paypal and skrill are both quite alike – skrill is used by some bookies rather than Paypal, but it’s good if you can use both. Not sure about Cyprus, some bookies may have a license whereas some may not allow you to even login. Might be worth a google 🙂
Mike
Tommy
April 26, 2016 - 12:42 pmHi Mike,
Have recently completed the free trial. First one was a success but the second one I messed up to get the free bet (my fault!). Still seems a little confusing but will need to get my head round it.
Am thinking of joining as a full member. Just a few queries or concerns I have:
1: will putting money into all these betting accounts look a bit dodgy to my bank and poss credit score? Seeing £40 here and there a lot constantly going into different accounts could look bad. Have seen somewhere people on about using Skrill? Or could I use PayPal? Or people say open a free account on ffrees.com whatever this is? What is the difference? Is this then able to be transferred into my actual bank account? I’m sure I’m being thick I know, just a bit of a dinosaur with these things!!
2) is it ok to be opening up all these online accounts and then adding and withdrawing from it all the time?
I’m interested in doing this but as I say I’m still a bit confused how it all works and know I am probably being very thick! Haha. Seems too good to be true and that it must be a bit of a scam and can’t possibly be real but a lot of reviews have been saying it’s absolutely brilliant. Is this the case….is this even legal to be doing all this?
Your help be much appreciated
Cheers
Tommy
Mike
April 26, 2016 - 12:52 pmHi Tommy,
It won’t affect your credit rating, but it would be available for the bank manager to see on your statement if you went in for a mortgage or loan. Paypal and Skrill are online wallets where you upload/withdraw money from them – kind of a virtual bank accounts. Using one or both is definitely useful.
Ffrees is basically a bank account itself. You get a debit card with it and can transfer money to/from it and withdraw cash at ATMs like you can with any other personal bank account. The only difference being they don’t have high street banks for you to speak to someone face to face. It’s fine for matched betting though.
Gamblers are always withdrawing and depositing money into their bookie accounts, its as normal as going to the supermarket to do your shopping. Perfectly legal and safe, I’ve been doing it since February last year when I wrote this review!
Mike
Sa
April 28, 2016 - 10:19 amHi Mike
1)What would be the benefit of switching to PA from PM?
2)I already have about 25-30 betting accounts.
3)Do you do accumulators at all or is that something i would have to do my own research on fro matched games ?
4)Is the odds software all up and running?
Lastly although i don’t use this site at present matched betting does work.
It does take a couple of months to get into the swing of things especially those who don’t grasp things instantly
Mike
April 28, 2016 - 11:54 amHi Sa,
1) A bigger community, plus software like the accumulator refund software which is on the way. I’m not a PM member so I can’t give you a detailed comparison.
2) There’ll be plenty more to create, along with the casino section.
3) There’s a whole section devoted to accumulators, they’re profitable for many experienced members. If you’re new to it, there’s plenty training available.
4) It’s been fixed today. I think there’s still a few bugs however football is 95% working as far as I’m aware.
ike
Martin
April 28, 2016 - 4:03 pmHi Mike. I’m about to sign up to PA and I’m currently studying the beginners’ blurb.
I note that it stipulates that the first bet should be made by debit card and not PayPal or Skrill.
I’m sure that there is a perfectly good reason for this but that reason isn’t stated and I wonder if you could clarify why?
(Particularly in light of your reply of 26th April to Tommy in which you, rightly, point out that such transactions would be visible to the bank manager.)
Thanks.
Martin
Mike
April 29, 2016 - 7:25 amHi Martin
I think there’s a simple explanation – as far as I can remember the bookmaker in question doesn’t offer Paypal as a deposit option, so you need to use your card. Don’t worry about the odd gambling transaction on your bank statement, there’s nothing wrong with the odd flutter in the bank managers eyes!
Mike
Barnabas
May 10, 2016 - 5:54 pmHi Mike,, I’m just wondering, does Nationality matter? Or do I just have to be resident in the UK. Cos, while I’m presently in the UK and will be for the next two years,, I’m neither British, Welsh nor Irish… I’m an African ,….. Will this make the bookmakers give me a tougher time?
Mike
May 12, 2016 - 4:25 amBarnabas, nationality should not be an issue. You’re a UK resident just like me, it should have no bearing on you!
Mike
nikki
May 11, 2016 - 3:07 amHello, do you have to live in the UK to use these sites? I’m from the US but based in Thailand now
Mike
May 12, 2016 - 4:26 amHi Nikki,
You’ll need a UK address (and proof of it too).
Mike
Gemma
May 18, 2016 - 7:08 pmHi Mike can you open another account with your current bank or is it best to open one with the post office? Surely though credit agencies can see all accounts you have?
Mike
May 19, 2016 - 4:31 amHi Gemma,
I’d open one with the post office. It doesn’t matter as credit agencies can’t see individual transactions. Bank managers can though, that’s why I wouldn’t open another current account with your current bank. Nothing wrong with them seeing the transactions, unless you wanted a loan or mortgage.
Mike
Tanya
May 20, 2016 - 10:39 pmHi Mike,
Very very interested in joining PA, but as a housewife I think I may be limited in verifying my age and address, my partner pays the bills & I have no passport, although I do have credit cards (maxed) & PayPal.
I am wanting to start with £50-100, I am not savvy with football betting but I am when it comes to getting my way around websites & technology.
What would you recommend I do?
& what would you say my potential profit to be in the first few weeks/months?
Also would you say it be advisable to keep track of bookies accounts with passwords & ingoings/outgoings of money?
Fabulous job of helping everyone by the way!
I hope to be one of the many to make more than just a few hundred in a month!
Thankyou in advance for your reply xx
Mike
May 23, 2016 - 4:39 amHi Tanya,
Sorry I didn’t reply on Friday, I didn’t get notified of your comment!
Do you have a driving license? If not, get a provisional one. It’s about £25, and given the money you can make from this it’s a small price. A utility bill in your husbands name should be sufficient. If not, go in the bank and ask them to print off a statement (say you need it to verify your address) and they’ll date/branch stamp it. Worked for me!
Starting with £100 is an ideal amount. You’ll be fine if you’ve never bet on Football before, thousands of members were in your position too. You should easily make over £500 in your first month. I definitely advise using a spreadsheet or notebook to track your passwords. Download a program called ‘Dashlane’ – it’s free, and can save your passwords from Chrome or Firefox. It’s a life saver for me – it can auto log me into a website when I arrive at it. Such a time saver.
Let me know if you have more questions!
Mike
Adam
May 23, 2016 - 11:11 pmHi Mike, little bit skeptical about all of this, but I have been reading up about matched betting over the past few weeks and it seems like a very nice way of making some money.
I’m a bit wary of pinning my hopes on making money from this to then have my accounts frozen on the betting websites. Will PA help me through this and make sure I don’t have my accounts frozen?
Also, I’m hoping to use this to make money for travelling. I’m leaving in just under 4 weeks though… how much could I realistically make in the first month if I worked at it every couple of days?
Kind regards,
Adam
Mike
May 25, 2016 - 4:55 pmHi Adam,
You won’t just get your accounts frozen. Even if you were banned from taking part in promotions, you would still be able to withdraw your money.
You should be able to make £500+ before you leave. Even if you only manage £200, that’s still £200 more than you would have had. As for your photo, you must have signed up at gravatar before and it’s synced to your email address. It’s not something I can control from here.
Mike
Eoin
May 30, 2016 - 11:25 pmHi Mike,
I started PA last week and joined as a premium member. I am Irish so am restricted with the amount of offers I can do. From what I calculated I can only do around 19 of the 34 Advanced offers as of being Irish, which obviously restricts my possible income. I was just wondering if you know of any Irish members who are making a reasonable monthly income (€1000+) with PA. I am only a student and was hoping to get into this over the Summer full time. I have a large enough bank of €600 to work with, although at the start as for everyone there is still some waiting involved when waiting on the bookies to verify accounts and money to be returned to my account.
With my bank and a possible 2-3 hours or more a day invested into this, how long could I be waiting until I can make a reasonable income from this as I’m hoping I can rely on this and save me the hassle of getting a Summer job.
Last question was I did 8 of the beginner offers and have made from my records €90 profit in my first 5 days, I had thought I would have made more. Is this normal and is there a certain area that when I get involved will make more profit?
Kind regards,
Eoin
Mike
June 4, 2016 - 12:33 pmEoin, really sorry for the lack of reply. Been having trouble with logging in but it’s all sorted now. There’s definitely some Irish members making good money. Have you had a good luck around the forum? There’s plenty Irish lads making money and arranging actual meet ups to discuss PA and matched betting. If you can’t find anything, start a topic in the social sub-forum and you’ll be sure to get some replies.
90 Euros seems reasonable. Bookies took a battering from this years Cheltenham festival and have been quiet on the offers lately. Some have also cut their free bets down in approach for the Euros, given that it’s a big time for customer gathering and they don’t want to be hit too badly from people just betting on France/Germany to win the Euros then never betting again. As an example, Betvictor, Paddy Power, William Hill and Netbet all had bigger sign up free bets earlier in the year and last year. When I joined Paddy Power I got a £150 free bet. Now it’s only £30.
I’d say 90 euros is reasonable given these circumstances. Don’t let it deter you though, it’s all free money at the end of the day!
Mike
Elizabeth
June 9, 2016 - 12:24 amHi Mike, I started match betting on Monday and have already made just over £150 which is amazing. I’m now worried after reading the comments about looking too suspicious to the bookmakers. What’s your advice about this and how often would you suggest placing mug bets in order to stop accounts been frozen? And how would you place a mug bet?
Mike
June 9, 2016 - 4:09 amHi Elizabeth,
Read my advanced matched betting guide here. Mug betting at this time of year would be betting on the likes of Spain, France, Germany and patriotically, England! That’s what i’ll be doing!
Mike
Peter
June 11, 2016 - 2:15 pmHi Mike,
It`s indicated that thare are @50 bookies to sign up with. As you progress through the system,I assume you don`t have to `mug bet` with all of them to keep your acounts live? I don`t know if I have missed something along the way, but would like an indictation if the money is made through a smaller number of bookies with reloaded offers rather than having to monitor @ 50 accounts.
Thanks for your time.
Peter
Mike
June 12, 2016 - 12:35 pmHi Peter,
Some bookies are those that you sign up, take the free bet then never use again. You don’t need to mug bet with these, just the bigger bookies. It’s these big/main bookies that you make the bulk of your income from.
Mike
James
June 22, 2016 - 2:13 pmWhen you have exhausted the sign up offers doesn’t the money stream simply stop or dwindle substantially to the point where matched betting brings in no more than £200 a month?
In my opinion, this is what the likes of PA etc are jumping on and why I am skeptical of why I should pay any money to find the sign up offers I can simply find myself. 1000 members paying £20 a month is £240,000 a year, which is far more than anyone is history has ever made matched betting.
Where exactly do you go after all the sign up offers have exhausted?
Mike
June 22, 2016 - 2:39 pmHi James,
Reload offers follow on from the signup offers, along with the casino/bingo/other offers like financials and scratchcard games. There’s a forum post each day that averages around £35 – £40 a day worth of offers, so there’s definitely the potential to earn £1000 a month if you put the work in.
Throughout the euros it’s been more like £130 a day, it’s been a lucrative couple of weeks for matched betters! Hope this helps.
Mike
Jo
June 28, 2016 - 2:07 amAny advice for somebody who’s already signed up to the bookmakers mentioned in the sportsbook beginner offers? I’ve already use the free bets for the two bookmakers I’m being recommended to sign up with.
Oh and my sportsbook account for Betfair and Paddy power is already restricted from receiving promotions. How will that impact on my ability to maximize earnings?
Mike
June 28, 2016 - 5:26 amHi Jo
Paddy restrict most people quite early on. I’d get cracking on some risk free bingo offers and jump on some of the reloads with William Hill and the other beginner bookies. There’s plenty around at the moment. Also lots of the advanced offers aren’t really advanced – and have pretty good free bets. Like the £25 from betvictor for example. Let me know how it goes.
Mike
Adele Smith
July 5, 2016 - 3:40 amHi Mike,
I was going to ask questions but as you have answered them over and over again I don’t think I need to lol. So I know 100 pounds is a good amount to start with and I will be able to make 800 ish in my first month If I work 3-4 hours a day. In your opinion is it best to join in with PA for the support element? I have made money BUT I spent it quickly. Im going to get a new bank account and start again from next week.
Mike
July 5, 2016 - 4:38 amHi Adele,
The PA support is definitely a bonus, although if you’ve already made £100 you’re clearly doing well. The big advantage to PA is probably the forum. The guys in there are making a lot of money. Some of them have been doing this for years, their experience outweighs anything I could tell you. There are forum threads with beginner to advanced style methods that can really increase your earnings. Anything from wagering tips on the slots games to advice on what bets to actually place on football (there’s a lot of footy experts in there!)
Mike
Johnson
July 11, 2016 - 9:43 amMost bookmarkers don’t even recognize my country Nigeria how can I use bookmakers in Nigeria or do I just have to register with the ones assigned by you alone.
John
July 15, 2016 - 7:26 amProfit Accumulator is not a scam,, and the bookie must be reglated by the FLA, in the same way other betting online like spread betting for example….the pay out is the only problem, sometimes can be long.
Emmanuel Makori
July 21, 2016 - 7:53 pmHow many bookmaker accounts does one need?
Mike
July 31, 2016 - 10:18 amAs many as you like, the more sign-up offers you do, the more profit you make.
Mike
Oli Fearne
August 2, 2016 - 4:44 pmHi Mike,
My ONLY main problem is that I have self excluded from about 5 of the big big bookies, for life. I did this when I was 18 and was stupid with betting. I have self excluded from Bet365, Sky Bet, Paddy Power, Coral & William Hill. Reason I am asking this is because I know Bet365 do loads of the in-play offers and I would have no chance of getting these. So, I have 2 questions really. Firstly, does NOT having any access to these bookies CONSIDERABLY lower my potential profits? And would there still be plenty of offers from all of the other bookmakers for me to live off, as the smaller bookmakers I am guessing do not offer such good value? I look forward to hearing your response.
Mike
August 2, 2016 - 5:08 pmHo Oli,
You’ll miss about £220 – £280 of profit starting out by skipping those bookies. You should be Ok, as Sky, Paddy and William Hill have been quite stingey lately and not given out too many free bets. There’s loads of other bookies to use for re-load offers and risk free casino offers though. You’ll be limited with horse racing refunds, should do alright with accumulator refunds though. Most of the long term PA members are missing William Hill, Paddy and Sky too. There’s plenty of members that have been gubbed from loads of bookies and still make a few hundred each month.
Best thing you can do is crack on with it, get all the sign up offers out the way and then see what profit total you’re on. I’m pretty sure you’ll be able to make a nice amount. Let me know how you get on.
Mike
Peter
August 4, 2016 - 8:07 pmHi Mike
I understand how this works and have designed a spreadsheet that should help me with keeping track of overall profits. But what about keeping track of the money in the potentially many different betting websites. Is there an easy way that you use to help with this?
Thanks
Peter
Mike
August 8, 2016 - 5:45 amHi Peter,
I just have a sheet within my spreadsheet that lists all the bookies, usernames/passwords and current account balance/bets in progress/liability (for the exchanges). I try keep it updated with a total at the bottom. It’s not perfect, but when you’re wondering where £100 of your money is and you can look and see it’s been placed on a bet with a bookie you’ve not used for a while it can be re-assuring.
Mike
sophie
August 15, 2016 - 4:35 pmHi Mike
I don’t know if someone asked but what id like to know is how to go about accounts for withdrawals and deposits?
Mike
August 16, 2016 - 4:34 amHi Sophie,
How do you mean? What accounts to use to fund the bookmaker accounts? If so, people like myself mostly use Paypal. Skrill is popular too.
As for a bank account, a current account with the post office or ffrees.com is the best option.
Let me know if this answers your question!
Mike
steve g
August 22, 2016 - 3:06 amHi Mike,
I’m about to sign up to your website but I have quite a large question;
I have already signed up to bet365, william hill, betfair and paddy power. I have not been asked for verification on any of these websites.
My step dad (different surname) has agreed to allow me to use his name and proof of ID to go through all the offers he is entitled to. When I signed up to the bookies mentioned above for myself I used my parents address which is my stepdads address.
so here is my question; is it possible for me to sign up to the bookies i have already signed up to again, however this time from my grandparents address (I have proof of ID and residency) and also sign up my step dad using his own address (the one I used for my first sign ups) without the accounts being blocked because of;
two accounts having my name and year of birth but a different address
two accounts having different names but the same address
even though I never verified the accounts I have already created? if I never verified surely it should be alright?
cheers
steve
Mike
September 12, 2016 - 4:27 amHi Steve,
Sorry for the late reply, I was never notified of your comment. I think registering at your grandparents should be fine really, it’s not uncommon for that to happen. As for your stepdad making accounts – that too should be fine. In theory, it wouldn’t be that unusual where someone has moved house, and the new house owner registers with a bookie and the last home owner had also registered. Or situations where it’s a shared house with young people living there.
Let me know how it goes.
Mike
Mike
September 12, 2016 - 4:36 amMorning Andy,
Hope you had a good weekend!
To answer your questions –
1) Coral and Betfred are first. Even if you have accounts with them, you should still join the free trial. Just have a nosey around the site then you can see what sort of tools/info you’d be getting. The whole concept of matched betting is revealed in the free trial with video tutorials – so even if you can’t do the first two offers you can still get a good understanding of it.
2) Some bookies are partner friendly, so she could join too. Some would require deposits by card, of which it would need to be hers. Most of the major bookies (off the top of my head bet365, William Hill, Ladbrokes, Paddy, Betvictor) will take Paypal payments – so that might be easier for you.
3) Couldn’t tell you. Some might have been closed/de-activated. If you still get sent promo emails from them then they won’t be! All you can do is give it a go really, they’re a lot more vigilant and required to do ID checks now, so joining and providing proof of age and address now may be fine, regardless of having a lost account from years ago. It must be quite a common thing, and bookies wouldn’t want to turn away new customers who’d lost an old account.
4) From the top of my head I recall meetups in Exteter, Manchester, Nottingham and London. People in the forums arrange them and they’ve been a great success!
Mike
Andrew Bramwell
September 10, 2016 - 3:21 pmHi Mike,
Really useful Q&As on this site. Am on the point of signing up for free trial, but a few final questions first:
1) Already have accounts with a dozen major bookies, and assume that the “sign-up” offers in the free trial will relate to them. What options does that leave me?
2) Have read that (some of) the aforementioned bookies will accept your “other half” as clients. My wife’s very sceptical about the whole thing, though. Would she have to provide additional ID? And could I deposit funds in her name with my debit card?
3) I had numerous bookie accounts some 15 years ago which have lain dormant since then – I don’t even recall the “log in” details. Could these have been closed by now, or will they also restrict my “sign up” offers?
4) Is it possible to meet up with other PA members living locally? That would provide invaluable moral support to a technophobe like me whose brain freezes when he reads on-screed instructions!
Many thanks!
Andy
Colin
October 28, 2016 - 8:46 pmQuick question Mike.
Once you’ve completed all the sign ups how much of a bankroll would you need to keep in your bookies/ exchange accounts in order to be able complete the reloads on a monthly basis?
Mike
October 29, 2016 - 10:37 amHi Colin,
It depends how many reloads you intend on doing. If you do horse racing offers each day and accumulator offers, probably over £1200 would be good. If you just plan on doing to main football offers midweek, and at the weekend then £500 might be enough. It varies from weekend to weekend, but you should have a fair idea once you’re mid-way through the sign-up offers.
Mike
Marisa
November 9, 2016 - 5:03 pmHi Mike,
I have just joined “profit accumulator” and have made my first profit from the first free bet which I won with a lay bet on betfair. I have a question though… if the back bet had won, would the bookies have paid me all the winnings including the free bet? I am asking this because I have read the terms and conditions for a free bet on the Coral site and it says “A free bet stake is not included in any returns”… so does this mean that if I won at the bookies I would only get the profit and not the original free bet? I am thinking that if this was the case then I wouldn’t make a profit on that particular bet? Is this right? Many thanks…. Marisa
Mike
November 12, 2016 - 3:21 pmHi Marisa,
You’re right – the free bets are kind of like tokens, rather than actual cash. So once the token has been spent, you only get the winnings… not the winnings and the £20. Make sense? Profit accumulator refers to it as ‘stake not returned’ or SNR.
Hope this helped.
Mike
Andrew
November 10, 2016 - 1:12 pmThank you for your article. One question a do have– Im not sure if it was the bingo or casino offer I’m referring too. It said if you spend £15 then you will get £5 free bet.. I don’t really see this as an decent offer and there was plenty of them. So I could spend and lose my £15 then they will give me £5. So this is a £10 loss. Is this correct? Apart from these kind of offer I think it’s a great way to make extra money. I did notice that a few off the offers were “not risk free” I think this contridiks (not sure how you spell that) sams claim’s that he does not gamble. Overall a great well presented site
Mike
November 12, 2016 - 3:18 pmHi Andrew,
Study the forum posts on long term positive value. Also see the paragraph I wrote here about casino offers –
https://www.matchedbettingbasics.com/profit-accumulator-review/reload-offers/
The theory would be that by spending the £15, over time, probability states you should only lose a pound or two at most. You then get £5 cashback, so end up being £3 or £4 up each time. Do 20 of these offers a month and it’s a nice £50 – £100 a month, with the potential to hit big jackpot wins and take home thousands like some lucky members do!
Mike
Daniel
November 13, 2016 - 1:36 pmHey Mike,
It sounds like a really good program and I would love to join! I’m currently living in The Netherlands so my question is. Is it only for UK residents?
Daniel
Mike
November 15, 2016 - 6:39 amHi Daniel,
Join the free trial and learn the basics. Whilst you might not be able to join PA due to living in NL, you can apply the methods of matched betting to bookmaker offers that are currently available in your country.
Mike
Lily
December 2, 2016 - 7:00 pmHi Mike,
You’ve been very helpful and I’m glad I stumbled onto your website and got some of the answers I’m looking for. I joined Oddsmonkey for the 1 quid trial and earned 150 quid in 6 days then I stopped my subscription as I’m interested to see what PA could offer especially Ive heard their community forum is a treasure. PA is dearer than oddsmonkey. Do you think it would be worth it paying more for PA than staying in oddsmonkey?And also can you make match betting a full time job for years to come without drying up? I’m looking just to save enough to start forex trading. Cheers.
Mike
December 2, 2016 - 7:12 pmHi Lily,
I’ve not been a member of OddsMonkey, however I’ve spoken to people that have. Quite a few people left OddsMonkey to use Profit Accumulator instead. Despite being £8 more expensive each month, everyone said that the extra £2 a week was more than worth it for the wealth of information on the forum. On a Saturday morning and afternoon there’s hundreds of members that post tips, tricks, price boosts and enhancements that normally might not get found. That £8 extra for membership could easily be covered from finding one quick price boost with William Hill and jumping on it!
If you’ve made £150 in a week then you’re definitely onto something. Some people need a bit of persuasion – but if you’ve done £150 profit already then you’re clearly bright and motivated and don’t need me to tell you. I’ll remind you that Profit Accumulator has a free trial – so you can join and have a nosy around. There’s always the 30 day money back guarantee – so if you decide it’s not for you after all then you don’t need to worry about that £22.99 you paid for the membership.
Also, as of last week, profit accumulator now offer a loyalty discount. Members get their montly membership reduced to £17.99 after six months, then £14.99 after a year. Whilst that might seem a long time away, it puts it more in line with OddsMonkey and increases it’s percieved value for the forum. They’re also improving their tools and adding some cool new features which I’ve not had time to add to this review yet!
As for full time, there are lots of members that do it full time and a few that dabble in trading too. There are forum threads of both topics and plenty members to learn from! So again, the forum is definitely going to help you out in the long term. Let me know if you need any more questions answering, I’ll be around all weekend!
Mike
Lily
December 2, 2016 - 7:30 pmGreat thanks! That’s some info you gave there. From what I’ve googled with all the forums online, Some PA members aren’t too happy signing up to platinum plus and pay 38 quid a month just to have access to Acca, each way matcher software etc., which oddsmonkey offer for 15 quid all in it. I’m a newbie and I left because I thought I could benefit more in PA with the beginners skills and knowledge i’ ll get but when the time comes I have to use advance softwares, I’m not sure if I will stay.
Adrian
December 4, 2016 - 1:49 amHi,
How much do you actually transfer into your bank each month? Do you have t leave a sizable amount in the betting websites?
Thanks
Mike
December 4, 2016 - 9:57 amHi Adrian,
I use Paypal as much as possible. I tend to only leave small amounts in the major bookies, and just deposit as and when I need it. The minor bookies I tend to leave £5 – £10 in, I think this triggers their system to email you with more free bets as they want to tempt you into spending your balance and then re-depositing.
Betfair/smarkets I have quite a large balance as they get used often. I just shave profit out each month when I need it and withdraw to my bank.
Mike
Tony
January 6, 2017 - 8:54 pmHi Mike all sounds good. I am going straight in with platinum and 500 to start and will spend 9 hrs a week *what is the best time of day .
I live in spain so I wll use my daughters card / address etc. however a big question is if I use my laptop in spain and hide the ip address will this show up to the bookies or will I be cheers
Tony ps please reply to my email address ty
joan
January 20, 2017 - 1:06 pmhi,mike.my name is joan.i have a question:if i registered on PA for free trial and i receive two bookmaker bonuses and can Earn up to £45*.so, for that,is necessary a make an deposit or not?
Mike
January 21, 2017 - 6:55 amHi Joan,
You’ll need around £50 to start with.
Mike
Wayne
February 19, 2017 - 10:46 pmHi Mike.
I have opened an account with frees – now U yet PayPal won’t accept the card?
Why is this?
I am trying to get everything in place before signing up with Pa.
Mike
March 8, 2017 - 7:08 pmHi Wayne,
Not sure why Paypal won’t accept it. However you can use Paypal with your normal bank card – it shouldn’t be an issue.
Mike
john hughes
April 18, 2017 - 10:35 amI have £400 to start. what portion of this would u suggest I place into my betfair account initially to cover liablilities. Thx
Mike
April 19, 2017 - 3:52 amHi John,
I’d start with £100, then just top it up as and when you need to. You’ll soon get the hang of it and know how much is best to keep in your exchange accounts.
Mike