You may have heard about matched betting from a friend or seen it mentioned online. At first, it probably sounded too good to be true. Maybe you thought it was gambling, a scam, or just too complicated to understand. These concerns are common, and many people dismiss matched betting before they even give it a chance. The truth is, there are many myths surrounding matched betting that stop people from trying it. In this article, we’ll go over 11 common myths about matched betting and explain the reality behind them. Let’s dive in!

Myth #1. Matched Betting is Gambling

The Myth: Some people think matched betting is the same as gambling, where luck decides if you win or lose.

The Reality: Matched betting removes risk by covering all possible outcomes of a bet. You use sportsbook bonuses and promotions to guarantee a profit. Unlike gambling, where you risk your money hoping for a win, matched betting follows a structured approach that ensures consistent, reliable profits over time.

Myth #2. Matched Betting is Illegal

The Myth: If matched betting lets you make money from free bets, it must be illegal.

The Reality: Matched betting is completely legal. It simply takes advantage of sportsbook promotions, just like using cashback deals or loyalty rewards. Betting sites encourage users to place bets by offering bonuses, and matched betting helps users make the most of these promotions within legal boundaries.

Myth #3. You Need a Lot of Money to Start

The Myth: You need a big bankroll to start matched betting.

The Reality: You can start with as little as $150-$200. As you earn profits, you can reinvest to complete bigger offers and grow your earnings. Many people begin small and gradually build up their bankroll without needing to invest large sums upfront.

Myth #4. It’s Too Complicated and Requires Math Skills

The Myth: Matched betting is too hard for beginners and you need to be good at math.

The Reality: Matched betting might seem complicated and confusing if you do it on your own, but , if you use the right platform and the right tools that’s not the case. Instead of wasting your time researching offers on your own, you can take a shortcut and use NinjaBet. With the step-by-step tutorials and automated tools for calculation and odds comparison, you can save dozens of hours and avoid making mistakes in your calculations.

Myth #5. You Can’t Do It if You Have a 9-5 Job

The Myth: Matched betting takes too much time for people with full-time jobs.

The Reality: Many people do matched betting alongside their jobs. With the right tools, you can complete offers in just a few hours per week and mostly during the weekends. Since most betting offers are flexible, you can fit matched betting around your schedule without interfering with your work.

Myth #6. It’s Only for Sports Experts

The Myth: You need to know a lot about sports to succeed at matched betting.

The Reality: Matched betting is based on math, not sports knowledge. You don’t need to follow sports or know the teams to place bets successfully. Odds comparison tools and betting calculators do all the work, so you only need to follow instructions. In fact, you don’t even need to watch the game you placed a bet on. You can enjoy the time with family and friends, go for a walk or take a nap until your profits settle.

Myth #7. It Only Works for Sign-Up Offers

The Myth: Once you’ve used the welcome offers, matched betting stops working.

The Reality: To keep you as a customer, many sportsbooks will continue to offer ongoing exclusive promotions, like reload bonuses and risk-free bets. These allow you to keep making money long after using sign-up offers. Some bettors continue making profits for years by taking advantage of recurring offers and special events. Find out more on how much you can earn from recurrent offers in the US.

Myth #8. It’s Only Available in the UK

The Myth: You can only do matched betting if you live in the UK.

The Reality: While the UK has the largest number of sports betting websites, matched betting is also possible in other countries around the world. In the US, for example, matched betting is still a new method to make money from home and sportsbooks have very attractive offers with easy conditions.  To give you an idea, you can earn between $2,000 and $3,000 just from welcome offers alone.

Myth #9. Matched Betting Takes a Lot of Time

The Myth: Matched betting is very time consuming and requires lots of hours.

The Reality: The amount of time you spend completing offers mostly depends on your skill and familiarity with the system. Once you learn the basics, it only takes a short time to complete offers. Many people spend just a few hours a week making a steady monthly side income. With access to the right tools and tutorials, you can learn all the skills you need to know to complete multiple offers in under an hour.

Myth #10. Profits are Huge and You Can Make a Living Out of It

The Myth:You can quit your job and become very rich doing matched betting full-time.

The Reality: While matched betting is profitable, it’s intended as a form of supplemental income. Matched betting will not make you rich overnight and the opportunities may always change over time. It’s realistic to make up to $1,000 per month, but relying on it as a sole income and expecting to become rich as a result of it is a myth on its own, and we, at NinjaBet, certainly don’t make those false promises.

Myth #11. Matched Betting is a Scam

The Myth: If matched betting really worked,everyone would do it.

The Reality: Matched betting is not a scam. It’s a real method based on a mathematical technique, not luck. Many people assume it’s too good to be true, but those who take the time to learn the process quickly realize it works. The key is to follow a structured approach and use the right tools. Instead of figuring everything out on your own, a specialized matched betting platform can guide you through the process, saving you time and effort while maximizing your profits. Not everyone knows about matched betting and most who do learn about it don’t believe that it actually works. Instead, thousands of people across countries have been making money with matched betting as it slowly gains more recognition around the world.

Now That You Know the Truth

How about giving matched betting a try? Join us today and get access to everything you need: step-by-step tutorials, guides, calculation tools, odds comparison tools and much more. Start with a free trial and earn your first $100 on us!