Welcome to my Profit Accumulator review. If you have ever thought of giving matched betting a try, this is for you. I will be talking a bit about matched betting in general but also about a specific website which makes the whole process super easy.
- What is Matched Betting?
- Profit Accumulator Review
- How Much Can You Make from Matched Betting?
- How to Start Matched Betting
What is Matched Betting?
It is a way of making money from bookmaker websites by using mathematics to make sure you usually win money. It involves betting on both outcomes on two different websites, then getting a free bet so you end up making a profit at the end of it.
Here’s a video that explains it:
How to Make Money from Free Bets
Okay, so let’s use a simple example to illustrate this:
Let’s say Bookie 1 has a sign-up offer giving you a free £10 bet if you sign up with them and place a £10 bet with your own money. Now, a sign-up offer like this is designed to lure you in, and most people would just place the £10 bet with their own money, then bet with the £10 free bet. Then they would either leave or they continue betting.
But that’s the stupid way to do things.
Instead, with matched betting we do the following:
- Place the £10 bet at Bookie 1.
- Bet on the opposite outcome at a Betting Exchange.
- If we lose at one, we win at the other, leaving us back at zero or slightly at a loss.
- We then get a £10 free bet, and we do the same thing again.
- This time, because we were not betting with real money, whichever one wins is the profit that we gain (minus any slight loss we made on the first bet).
It can be a bit more complicated than that sometimes, but that’s the general idea anyway.
But the point is, it’s not actually gambling as such
Risk free matched betting only has the word “betting” in its name because it involves using bookmakers and betting exchanges to bet on sporting events, but we are not actually gambling because the process is calculated in such a way that we usually end up winning each time.
The issue is not whether or not matched betting works, the issue is how to actually do it. If you were to calculate the odds and betting amounts for each bet yourself, it could be very time consuming and you might make mistakes.
Instead, it is best to use a website dedicated to calculating it all for you. The one I have been using is called Profit Accumulator.
Profit Accumulator Review
Website Name: Profit Accumulator
Type: Matched betting
Price: £17.99 per month. Free trial available
My Rating: Excellent!
What is Profit Accumulator?
Profit Accumulator is a British membership-based website dedicated to matched betting. It contains everything you need to get started with matched betting. You are guided every step of the way with easy-to-follow training videos. If you follow the training you are unlikely to go wrong.
What I Like About Profit Accumulator
Well, let me first start with what I like about matched betting. I like how it’s such a straightforward way to make money. It’s all about using mathematics to make sure you usually end up with a profit.
As for Profit Accumulator specifically, I really like how easy it is to follow their instructions. From the moment I joined, I found everything to be so easy to follow. Nothing is left out.
I started by watching a video that perfectly explains how matched betting works. Then I started making my way through the Sportsbook Signup Offers. Most of them have an easy-to-follow instructional video with them, but all of them have written instructions that are extremely straightforward.
Also, generally the website is very easy to use. The Oddsmatcher and the Calculator are very straightforward and definitely make things a lot easier than if you had to find these offers for yourself and manually calculate the numbers.
A nice bonus feature is the Profit Tracker, where you can keep track of all the ins and outs of your money. This allows you to know how much profit you have made, as well as see at a glance how much money you have in your various accounts.
What I DON’T Like About Profit Accumulator
I’ve not actually come across anything yet that I don’t like about Profit Accumulator. That doesn’t mean I won’t find something bad at some stage, just that I haven’t found anything yet.
In terms of matched betting in general, the only thing I find frustrating is how slow it is to get started. At the beginning you have limited money to invest, and it takes time to withdraw winnings and move money around. But once I have earned more money from this I will have more money to play with.
Features of Profit Accumulator I Haven’t Used Yet
I’m a beginner at this, so I have only done the Sportsbook Signup Offers. Here are the other types of offers available:
- Casino offers
- Reload offers
- Bingo offers
- Poker offers
There are also some tools I haven’t used yet:
- Match Catcher
- Acca Catcher
- Each Way Tracker
How much can you make from matched betting?
Generally you tend to make something in the region of £5-15 per matched bet. How much money you make in your first few months will depend very much on how much money you initially have available to invest, plus how much time you put into it each day.
But how much money have I personally made?
According to the Profit Tracker, I have made £245.26.
I started this about 2.5 months ago, so that’s not much money per week. However, I have only been putting a small amount of time into this each day, so it’s easy money really.
How to Start Matched Betting
If you want to start matched betting yourself, all you need to do is sign up to Profit Accumulator and you will be taken by the hand every step of the way from there. They have a free trial which you can use to make your first bit of money to see how it works.
Then if you want to continue you can sign up for the regular membership, which at the time of writing this is only £17.99 per month. You will soon earn that back in winnings anyway.
So, if you are looking to make some easy money on the side, why not give it a go?
Anyway, I hope you found my Profit Accumulator review helpful. If you have any comments or questions, feel free to leave a comment below and I will get back to you as soon as I can.
All the best,