After you complete the initial round of sign up promotions, you can continue to make money off of repeat offers. Sportsbooks will continue to send you offers in attempt to get you to deposit more money, or in order to keep you betting on their site.
Matched Betting is not illegal, but sportsbooks do not like it and will not send you repeat offers if they think you are taking advantage of their system. In order to have matched betting be a profitable side hustle, you must stay under the books radar and look like any normal bettor. In order to do that follow the tips below.
The easiest way to get limited or promo banned on a sportsbook is when you start betting big on alt lines or player props. “betting big” is subjective obviously, but it is best practive to not bet more than a few hundred dollars on alternative line or player prop.
Alt lines and player props tend to have the best odds for matched betting, so when a player comes along and bets big on a prop or alt line, it is a good indication that the player is a sharp or a matched bettor. Sportsbooks want nothing to do with either type of those players and will limit you at the first indication you are one. Avoid alt lines and player props at all costs.
These bets are examples of something to stay away from. These are very odd bets to place, and putting large amount of money on them will surely get you limited, and promo banned by the sportsbook, something you do not want to happen!
A mainline is a moneyline, over under, or spread. These are three most common types of available bets, and should be what majority of your money is bet on. By sticking to just main lines you will not stick out and fall in line with the rest of the normal betting population.
This an example of all the main line bets on the Detroit Tigers vs Boston Red Sox. These are all very liquid bets, meaning a lot of people bet on them, thus meaning they are safe for matched betting and a lot of money can be put down on them.
Most bettors are impulsive, and will bet on games right before they happen. In order to stick in with the crowd, it is best to try and bet as close as possible to the start of the game. A few hours before is normally best, but I tend to try and only bet the day of a game and yet to have any issues.
Remember, being a successful matched is all about blending in with the normal stupid betting population. Ask yourself, what would a dumb bettor do? Would they bet a game 2 days in advance? Or would they bet on a game a few hours before when they are drunk at a bar?
As a matched bettor you tend to “bet” more money than the average person, so if you are betting on very obscure games it is very easy for a sportsbook to recognize that. For example, if you have the ability to bet on a primetime nba game, or a woman’s ncaa game, you should always bet on the nba game, even if you are sacrificing profit.
It is important to bet on the more popular game because that means your large bet will stand out less. By betting on popular games, you fly under the radar, avoid detection, and will continue to receive offers in the future!
An easy way to check how popular, or liquid, a game is by going to fanduel and typing “9999999999” into the betslip of the wager you want to place. This will show what the max wager allowed is, and will give you a good idea on how much you can put on it. The larger the max wager, the more popular the game is and the safer it is to bet on.
All of these factors may seem confusing, but they really are not. The easy rule of thumb is to just bet like a “normal person”. A normal person would not bet a couple thousand on a wnba match 3 days before!
This is an example of determining what the max wager on a game can be. As you can see here the most you can put on the Florida Panthers to win game 2 of the stanley cup final is $4,310.
This a great tool for determining what is a healthy amount to bet. A good rule of thumb is to bet 60-70% of the max wager amount.