Matched betting without free bets seems to be impossible at first glance. After all, bet & get offers are everyone’s favourite as they represent easy money. Plus, most beginners are told that in matched betting, you make money by locking-in profit from free bets.
Sadly, there may be a time when free bets are scarce. For example, during summer break or after experiencing multiple gubbings. You will be happy to hear that in these cases you can still make money from matched betting without free bets.
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Matched betting without free bets
Why you may find yourself without free bets
As a beginner, many matched bettors cannot imagine to find themselves in a position without free bets. After all, there are plenty of generous sign-up offers. And even after proceeding to reloads, there are usually enough bet & get offers to make a decent profit.
However, the time of plentifulness is unlikely to last forever. One disruption comes in the form of international breaks or the great summer hole when football is on hold. Recently, coronavirus (COVID-19) also caused a lack of free bets.
Another reason for the absence of free bets may be that your accounts are becoming increasingly restricted. This is normal and happens to everyone over time. However, you can still make money from restricted accounts.
Ways to make money from matched betting without free bets
2up is a popular offer run by bet365 and PaddyPower. Basically, you bet on a football team and if your team manages to get two goals ahead of its opponent, you get paid out as a winner. Subsequently, you can trade out your lay bet or hope that the other team makes a comeback. In this case, both your back and lay bets win.
Overall, 2ups belong to the most lucrative reload offers as you are able to bet with large stakes. With £200 stakes, the expected value (EV) of a 2up is around £4 per match, with the exact value depending on the odds range and your strategy.
You can learn how to complete 2ups from Profit Accumulator‘s extensive guide. The website will also help you to find good matches via their oddsmatcher.
Price boosts are a type of promotion in which the bookmaker offers odds deliberately higher than the exchange. These are clearly marked as promotional odds which is how you can distinguish price boost from arbitrages (arbs).
Arbs are also a way to make money with matched betting without free bets. However, as arbs quickly lead to stake restrictions, they should be avoided.
You can make money from price boosts (or arbs) by exploiting the difference between back and lay odds. There is only one bet to place and you will make money without free bets.
Price boosts can be found in Profit Accumulator‘s forum where members frequently report them.
Extra places are a type of offer in which the bookmaker pays out more places than the exchange. For example, in a horse race, the bookmaker may offer to pay out an each-way bet if your horse places first to fourth place.
The exchange will offer you a lay market for the first three places. In this scenario, the fourth place is the extra place. If your horse (or golfer, etc.) places fourth, you will make a profit.
Extra places are a popular offer for people with multiple gubbings. You are still eligible for them with most bookmakers, even if your account is restricted. The only exception is when you are stake restricted as you would not be able to place a bet with a sufficient stake.
To make money from extra places, you can use Profit Accumulator‘s extra places matcher.
Refund offers that give you cash refunds rather than a free bet are rare these days. But they still exist. For these offers, you have to first place a trigger bet. If it loses and a certain condition happens (bore draw, horse places second), you get your stake back as cash.
As nowadays most bookmakers give you a free bet rather than a cash refund, you probably cannot make much money from cash refunds only. However, they are nonetheless part of matched betting without free bets.
Low-risk casino offers
Casino offers are a way to make money from bookmakers (and online casinos) without relying on sports bets. You can profit from casino offers by staking the required amount on a slot or casino game. The profit then comes from the associated bonus or free spins.
Oftentimes, you can complete casino offers even if you are restricted on a bookmaker’s sportsbook. And even if you are gubbed from their casino section as well, there are plenty of online casinos.
If you are new to casino offers, you can use your existing Profit Accumulator subscription to find offers. If you already have a few gubbings, you may want to sign-up to Bonus Accumulator. Bonus Accumulator has the most casino offers of all sites I have seen so far so you are almost guaranteed to find new offers.
Matched betting without free bets summary
Matched betting without free bets is possible and you can still make a regular income from matched betting if you do not have access to free bets. Offers you can complete include:
- Price boosts
- Extra places
- Refund offers
- Low-risk casino offers
Profit Accumulator (free trial) will teach you how to complete these offers in more detail and help you to find relevant matches. If you want to specialise in completing casino offers, Bonus Accumulator can help you to find a great variety of offers.
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