How to Get Started With Matched Betting

If you want to get started matched betting, there are a few things that you will need to get started. You can be up and running in 15 minutes, with your first profits within hours. This section will talk you through all that you’ll need to get setup.

How Much Will I Need to Start Matched Betting?

You can started matched betting with as little as £50 -£100. This should be enough to cover some of the basic bookmaker sign up bonuses as well as some money for your betting exchange account so that you can lay bets.

It’s probably best to start with a low figure even if you can afford to invest more. This will allow you to get used to the process without you standing to lose too much if you make a mistake. You can get started with Yesbets for free and it will talk you through all that you need to do, minimising your chances of getting it wrong.

Once you become more confident, you can always put more money into bookmakers and betting exchanges to complete offers more quickly for greater profit.

Forms of Identification

Betting sites do ask for forms of identification for money laundering checks. It’s perfectly normal, so don’t be alarmed. We recommend that you keep a copy of your driver's licence or passport on your computer, as well as a utility bill so that you can provide them quickly if you are asked for them, the video below talks you through the forms of ID that you may need.

A Way to Keep Track of Your Funds

You will find that money moves around your betting accounts pretty quickly once you start matched betting. You will need to keep records of how much you have bet and where, what the outcome of each event is and how much you won and lost. You can setup a spreadsheet to do this and you’ll need to add to it every time you make a bet and it settles.

Alternatively you can use the Yesbets platform that records all this information automatically for you at the click of a button. This is a huge time saver and a very popular feature with our members. Try it free now.

Some people also choose to setup a separate bank account for their matched betting acitivities as it’s easier to keep track of. It may be worth trying matched betting out first to see if it’s for you, but it can be a worthwhile long term strategy.

What Offers Should I Start with When Matched Betting

If you decide to complete matched betting with Yesbets, then we lay the offers out in a step by step order. You simply follow your dashboard and complete one after the other. Try Yesbets for free.

You can also read our matched betting step by step strategy showing you which offers to complete first.