TLDR;
This video is about matched betting, a technique that uses bookmaker offers to guarantee a profit by covering all possible outcomes of a sporting event. The presenter shares her initial scepticism, her journey into understanding and trying it, and her positive experience using Oddsmonkey. She explains the concept, discusses the potential risks (gambling addiction and human error), and provides a walkthrough of the Oddsmonkey platform, highlighting its features and benefits.
- Matched betting uses free bet offers from bookmakers to make a profit.
- Oddsmonkey provides step-by-step guidance and tools to facilitate matched betting.
- Potential risks include gambling addiction and human error.
- A free trial and a special offer for premium access are available for Oddsmonkey.
Introduction to Matched Betting [0:13]
The presenter addresses the high demand for a video about matched betting, prompted by her previous mentions of trying it. She outlines the structure of the video, which will cover her personal story, her experiences, the risks involved, and a walkthrough of the platform she uses. She had been approached by many brands to review match betting but she wasn't interested until she spoke to other bloggers, youtubers and subscribers who had positive experiences with it.
Personal Story and Initial Thoughts [0:40]
Initially, the presenter was hesitant about matched betting, viewing it as a form of gambling. She declined numerous partnership offers from brands promoting it. However, after hearing positive experiences from other bloggers, YouTubers, and subscribers, her interest was piqued. She decided to try it, especially considering the tax-free nature of the profits. She had tried it once before but didn't understand it and couldn't make it work.
Experience with Matched Betting [2:54]
The presenter partnered with Oddsmonkey and has been match betting for about a month. In the last four weeks, she has made £102. She acknowledges this isn't a huge amount, but she has been taking it slow due to her busy schedule and wanting to understand the process thoroughly. She explains that matched betting involves using bookmaker free bet offers to make a profit. This is achieved by placing a qualifying bet (e.g., bet £10 get £20 free), incurring a minimal loss (up to 50p), and then using the free bet to cover all outcomes, ensuring a profit regardless of the result.
Understanding the Mechanics [4:11]
The presenter explains the core concept of matched betting: using bookmaker's free bet offers to guarantee profit. It involves placing initial qualifying bets with minimal loss and then strategically using the free bets to cover all possible outcomes of an event. By betting on all outcomes, you ensure that you will not lose if you follow all the steps correctly. She emphasises the importance of following the correct odds and amounts, which is where Oddsmonkey has been particularly helpful, providing step-by-step instructions.
Addressing Concerns: Post Sign-Up Offers [5:47]
The presenter addresses the common question of what happens after using all the initial sign-up offers. She clarifies that most bookmakers provide ongoing offers to keep users engaged, making it a continuous opportunity. Initially, one can make around £1,000 from sign-up offers, followed by a potential £150-£200 per month with continued use.
Risks Associated with Matched Betting [6:30]
The presenter identifies two main risks associated with matched betting. The first is the potential for gambling addiction, advising those predisposed to such addiction to avoid it. The second is human error, which she minimises by taking her time, checking everything multiple times, and not rushing the process.
Oddsmonkey Platform Walkthrough: Free Trial and Offers [7:56]
The presenter transitions to a walkthrough of the Oddsmonkey website. She mentions a free trial that allows users to make over £60 without any initial payment. Additionally, she highlights a special offer of £1 for 12 days of premium access, providing a comprehensive experience of the platform's features. She believes that even if she makes £100 a month, the £20 monthly subscription is worth it.
Tutorials and Step-by-Step Guidance [9:21]
The presenter shows the initial tutorials on Oddsmonkey, which can generate £63 without any payment. These tutorials are extremely detailed and provide step-by-step instructions. She demonstrates how the platform provides summaries of deposits, minimum odds, and expected earnings.
Odds Matcher and Bet Logging [10:58]
The presenter introduces the Odds Matcher, a tool that identifies which matches to bet on, the amounts, and the odds. She filters the matches by bookmaker (Skybet), exchange (Betfair), and sport (football). The platform provides detailed information, including potential losses on qualifying bets and profits on free bets. She demonstrates how to use the tool to calculate potential profits and liabilities. The platform also logs all bets, tracking overall profit.
Premium Account Features and Current Offers [14:42]
The presenter highlights the numerous offers available on the premium account. These offers are rated by difficulty and can be marked as complete. The platform also lists current offers that become available after completing the initial offers. She reiterates the offer code for £1 premium access for 12 days, encouraging viewers to try it and cancel if they don't like it.