8 Things You Need To Know
Before Making Matched Betting Your New Side Hustle
When it comes to betting, everyone dreams of having a strategy that guarantees consistent wins. Imagine being able to place bets with the confidence that you’ll walk away with a profit every time. While it may sound too good to be true, there’s a method that can turn this dream into reality: matched betting. Unlike traditional betting, where the odds are stacked against you, matched betting is a proven, risk-free strategy that leverages sportsbook promotions to ensure a win, regardless of the outcome of the event.
If all this sounds complicated or unfamiliar, stick with us to take a deep dive in the world of matching betting and discover how to make it your new side hustle.
What Is Matched Betting All About?
In simple terms, Matched Betting is a trending new side hustle that involves playing the sportsbooks in their own game.
In our previous article on how matched betting works, we discussed some of the key points about like:
- What’s the process behind matched betting?
- Why do sports betting websites offer bonuses?
- How to get started with matched betting?
- How much do you need in the beginning?
Let’s expand the topic and take a look at several other important aspects of building your new income stream by leveraging sportsbook offers.
How Much Time Does It Take To Learn?
A question that comes up quite often from people who have never heard of matched betting and are eager to turn it into their new side hustle as soon as possible.
Note that learning the whole process on your own can be time-consuming. It involves researching offers, calculating odds, building a strategy for each bonus type and ensuring everything is done correctly to guarantee a profit. Without any tools or guidance, it can take weeks to fully grasp the intricacies and even longer to become efficient.
However, joining NinjaBet helps to significantly reduce this learning curve as all the tools and resources to quickly and efficiently master matched betting are available. If you have some prior sports betting experience, it might take you just 2-3 hours to watch the videos, read the first tutorials and understand the concept. If not, then you might want to dedicate a few more days to read the first tutorials over and over again.
There is nothing more instructive and helpful than putting all knowledge to practice. Once you complete several offers successfully, you will be a lot more confident. And this will help you turn matched betting into your new side hustle, taking up just a few hours of work per week.
Are There Any Risks Associated with Matched Betting?
While matched betting is generally considered risk free, there are a few things to be aware of:
- Human Error: This is one of the most common errors that could occur. New (or sometimes even experienced) Ninjas may place their bets incorrectly. For example, you need to bet an X amount on sportsbook A that the next game of Real Madrid will have Under 2,5 goals. At the same time, you need to place a Y amount on Over 2,5 goals with sportsbook B. Because of a human error, you place both bets on Under 2,5 goals. Now this puts your money at risk and can lead to a serious loss. Therefore, it’s essential to double and triple check all your bets and place them exactly as they appear in the Dutcher. Choosing the right offer type in the Calculator is essential too, as the type of bonus affects the opposing bets.
- Account Restrictions: Some bookmakers may limit or close your account if they detect you’re engaging in matched betting. Read all relevant information in our guides, tutorials and forum discussions. These will help you keep a healthy account and avoid restrictions in the long run.
- Changes To Promotions: You might think that if a sportsbook is giving a special bonus offer every Monday it would have the same conditions over and over again. Actually, that’s not the case. Sportsbooks may change the terms of their promotions and you need to be ready with a new strategy. Check out each recurrent offer even when it seems familiar and make sure you read everything in detail as even some small changes might have taken place.
How Much Money Can You Make?
An essential question for anyone taking up a new side hustle is the earnings potential. The amount of money you can make with matched betting varies and can be divided into two phases. The first one is somewhat easier to predict or at least to have an accurate expectation. That’s the phase of completing the welcome offers. Generally these are more generous offers as sportsbooks aim to attract as many new customers as possible. With the current welcome offers available, you can make up to $3,000 in this first phase.
Here you can find more information on profits from welcome offers in the US.
The second phase consists of completing the recurrent offers. It’s almost impossible to give an exact estimate as the amount of sportsbook offers change from month to month. When you have some major events like the Olympics, World Cup in soccer, UEFA Champions League etc., you might have more activity.
Although sometimes recurrent offers may look much smaller than the welcome ones, don’t underestimate them. Typically sportsbooks give you much easier conditions.
Overall, the expected matched betting profits from recurrent offers vary between $300 and $1,000.
What Are The Best Sports For Matched Betting in the US?
Matched betting offers opportunities across various sports, particularly in the U.S. Here are the top sports for matched betting:
- Basketball: The NBA and NCAA basketball provide ample betting markets, including point spreads, moneylines, and player props.
- Baseball: With the extensive MLB season, there are daily betting opportunities, including run lines, moneylines, and totals.
- American Football: The NFL and college football are highly popular due to their large number of markets, including moneylines, spreads, and prop bets.
- Soccer: While less dominant in the U.S., soccer has major opportunities, especially with European leagues like the English Premier League (EPL), UEFA Champions League, and La Liga, where bookmakers offer numerous markets.
- Hockey: The NHL is another strong contender, offering betting opportunities on moneylines, puck lines, and totals.
- Tennis: Although not a team sport, tennis is a good option due to the frequent ATP and WTA tournaments, providing regular opportunities for matched betting.
These sports, with their mix of U.S. and European competitions, offer a diverse range of betting markets ideal for matched betting strategies.
From Which US States Can You Join NinjaBet?
Online sports betting is governed per state and there is no unified governing body for the whole US. Therefore, matched betting as a new side hustle is possible only in the states where online sports betting is legal. Some states have a higher number of registered sportsbooks and thus offer a significantly higher number of welcome and recurrent offers. Some examples of states with a larger number of sportsbooks include Colorado, Ohio, New Jersey and Arizona. Here is a list with all states in which NinjaBet is currently available.
- Arizona
- Colorado
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Mississippi
- New Jersey
- New York
- North Carolina
- Ohio
- Oregon
- Pennsylvania
- Tennessee
- Vermont
- Virginia
- West Virginia
- Wyoming
Is Matched Betting Over After the Sign-up Offers?
Matched betting continues after you’ve taken advantage of sign-up offers. Period.
Many bookmakers offer ongoing promotions, such as reload bonuses, free bets, and cashback offers. If you follow the NinjaBet strategies correctly, you can do this new side hustle for months and years ahead. NinjaBet tracks the recurrent offers for you and sends you updates so that you don’t miss out on any opportunity and keep making a nice side income even after the initial promotions are exhausted.
Not to mention that sometimes sportsbooks send personal offers to their loyal customers. These offers can also be exploited. Simply apply the correct strategy from the guides and use the Dutcher and Calculator to find the best opposing odds.
What’s the Role of the Matched Betting Calculator?
Taking advantage of the Matched Betting Calculator is crucial when turning matched betting into your new side hustle. It simplifies the process by doing all the math for you in seconds, helping you determine exactly how much to bet on the opposing side to guarantee a profit.
This tool is especially beneficial because the amount you need to place as an opposing bet varies depending on the offer type, whether it’s a free bet, refund bet, or another promotion. By toggling between the offer types in the calculator, you ensure that you’re staking the right amount, reducing the risk of making costly errors. The Calculator streamlines the entire process, making matched betting more efficient and accessible for both beginners and experienced Ninjas.
What’s the Role of the Dutcher?
The Dutcher plays an essential role in matched betting as it finds the best opposing odds within seconds. When placing bets you need to know on which game and which market to bet, in order to improve profitability. With hundreds of games and thousands of markets available at the same time, which one do you take?
Sure you can place opposing bets on some random game, but what if you could improve your profitability with 15 or even 30%?
That’s the role of the Dutcher, to identify the most profitable games and give you a breakdown of the bets you need to place on both sides.
Depending on what you are looking for, you can apply various filters. For example, the start date of the game, minimum and maximum odds, bookmakers, bet type, rating etc. You can also filter down the results to just a particular game.
How To Make a 100% Passive Income From Matched Betting?
You might be wondering if you can automate this whole process and turn matched betting not just into a new side hustle but also into a 100% passive one. Well, we might have to disappoint you that matched betting itself requires active participation. You still need to place the bets yourself, complete the offers, withdraw your profits etc.
However, there is a Ninja way to make 100% passive income and that is to refer family, friends and practically anyone to join NinjaBet. Once you subscribe to the affiliate program, you get a personal affiliate link that you can send to friends, share on social media, write a blog post where you insert the link and many others. You earn a commission for every new user who signs up and purchases the Premium plan. This allows you to benefit from matched betting even when you’re not placing bets yourself or actively chasing bonus offers. The more people you refer, the more potential income you can generate over time, making it a viable option for those looking to create a steady, passive revenue stream without the ongoing effort of traditional matched betting.
The affiliate program pays a 50% commission which is paid monthly for as long as your referrals remain active. For example, if a single referral remains Premium for 10 months, you will get a total of 10 commissions solely from that person.
Should I Quit My Regular Job To Do Matched Betting?
Quitting your regular job to do matched betting might be too drastic and quite often unnecessary. In reality, you can do it parallel to a regular 9-5 job as at the end of the day, you won’t need more than 3-4 hours per week to complete all offers. That’s especially valid once you have gained some experience and completed a few offers.
The beauty of matched betting lies in the minimal time commitment required to make extra income. Once you have all the right tools, tutorials and support, you don’t need to worry about anything else. It’s best to look at matched betting as a new side hustle and not a full time job.
In Summary
Matched betting is a risk-free method to convert the promotions and bonuses of sports betting websites into real money. One of the greatest advantages is that you can do it from literally anywhere. All you need is a laptop, good Internet connection and a few hours a week, simple as that.
Turn matched betting into your new side hustle and generate a steady income each month. The key to success is staying disciplined, using the right strategies, and taking advantage of the many offers available across different sports betting platforms.
Register a free NinjaBet account and start this new journey today. Earn your first $100 on us and see for yourself how it works.
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Orlin Bakalov
@ninjabet
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