When you start out as a matched bettor, your main focus should be on slowly building up your cash balance and taking advantage of straightforward welcome offers. Luckily, there are tonnes of sign-up offers available, and there is a great variety which allows you to practice your skills and gain vital experience. At the time of writing, there is more than £1,000 to be made from sign up offers alone, though a few of these, in particular, are a much better place to start.
Arguably the easiest welcome offer to take advantage of, Smarkets only require a £10 qualifying bet, and then credit you with £10 risk free bet. It’s unusual that the free bet is offered on a betting exchange so this is one not to be missed.
Ladbrokes offer a rather sizeable bet £50, get £50 free matched bet. You stand to make more than £40 from this offer alone and will only need to place two bets in total, as there is no turnover requirement.
Betfair offers all new customers a £20 risk-free bet after signing up. Simply place your bet with them and, if it loses, you get the £20 refunded. You will use a different version of the calculator for this offer, though it is still straightforward. Just be sure to use a different exchange than the Betfair one, such as Smarkets or Matchbook.
4. William Hill
William Hill has an even more generous offer than Coral, as by betting £10, you receive a hefty £30 in free bets. The free bets get credited as three separate £10 bets, which means you should need less money in your chosen exchange account in order to lay against them.
When starting out in matched betting, you are set to make up to £100 from these four offers alone, and you will then have more money to use when taking advantage of other offers. Resist the urge to jump straight into the deep end and take on some of the larger stake offers which require much larger bonus rollovers and present far more opportunities to make a costly mistake. For other ways to start making extra money, it could be worth learning the ropes on spread betting as well. Top sites like Spreadex and Sporting Index offer great chances to quickly grow your cash flow, and you can learn more about how to do this here. Read our Spreadex Sports Review…