Matched Betting – How to Earn Thousands £££ from Extra Place Bets

Matched Betting – How to Earn Thousands £££ from Extra Place Bets

Extra-place bet offers in combination with matched betting has been a huge source of income for me and so I had to write an article to spread the good word. 

Extra-places are my favourite way of making money using Profit Accumulator’s website, the most popular and I think the only online Matched Betting program. If you don’t know what Matched Betting is, take a look at my article here explaining how Matched Betting can make you profits by placing bets without putting your money on the line.

The amount you can win from extra-place bets is a surprise each time, sometimes it can be hundreds and other times it’s thousands, as it depends on the odds of the horse coming 5th and how much money you place on the bet.

The exciting thing is that the more you bet, the more you win, and if you can build up a nice bank with your winnings, you can say that this has the potential to not only make you extra income, but gradually wealthy. 

Matched Betting and extra place offers simply require practice, you’ll learn the ins and outs by doing it and then soon you will be completing them very quickly. 

 

What are the extra place offers from Profit Accumulator?

Some days during the week, often Tuesdays, Thursdays, Saturdays and Sundays, bookies will offer to pay an extra place in a horse race, so rather than their usual amount (1-4 places), they offer a 5th place (sometimes it is 4th place with the same rules that apply).

If you don’t know what an extra place bet is, it’s where you have the option to split your bet each way, so half on the horse winning, and half on the horse to finish the race in the first 3 or 4 places (depending on each race).

So if you bet £50 each way on a horse, and that horse comes in 3rd place, you’ll get a payout of £25 x the odds of the place bet. 

 

So how can Matched Betting help us to make money with extra place bets?

Now we turn to Profit Accumulator and click on the Extra Places link on the Reloads page. (After you’ve signed up)Extra place bets profit accumulator

The Extra Place Horse Racing offer shows us a list of the bookies offering customers an extra place in their races on that day. Profit Accumulator is very helpful as they research all of the bookies offering this Extra place so we don’t have to. 

With Matched Betting, we use Betfair and Smarkets (sometimes Betdaq, Matchbook, Ladbrokes) to place our ‘lay bets’. We are betting the horse doesn’t make it into the first 4 places (sometimes the bookie offers an extra 4th or 6th place and so the lay bet race will be paying to the first 3 places, but most of the time it is 4.)

So when a horse you’ve bet on makes it into 5th (or 4th or 6th depending on the race) place with a bookie, you’ll win money with the bookie and because it didn’t make it into the first 4 (or 3) places with the lay bet, you win with that bookie too. 

So, in order to make money on these extra place offers, is you have to place as many bets on horses as possible with as many bookies as possible (so you don’t get banned) to increase your chances of winning an extra place. 

I have completed many of these extra place offers and I aim to get at least 6 horses covered, but 8 is the recommended minimum, though it depends on the race and how many horses are running. 

 

The Matched Betting Process

First, we check the information on the Extra Place link on Profit Accumulator’s Reload Offers page. 

Then we make a note of all the bookies, how many extra places they’re offering and the fraction. 

Then go to Profit Accumulator’s Oddsmatching link.

Go to the filter and in the search bar fill in the name and time of the race, check the appropriate bookies under the Bookies option. 

You should leave this tab open, if you want alerts for when the oddsmatcher finds matching odds along with slightly faster scanning you will have to sign up to Profit Accumulator’s Match Catcher at £9.99 a month.

Go for odds that are rated above 90%, 87% & up if you’re desperate, as it results in a lower qualifying loss. 

When you have found matching odds, don’t bother using Profit Accumulator’s calculator, instead, you will be using a very useful spreadsheet to fill in the following:

  • The name of the race 
  • The bookie used
  • How many places the bookie is paying
  • The horse’s name
  • The amount you’re betting each way
  • The win odds
  • The place fraction (if 5 places = 0.2 if 4 places = 0.25)
  • The place odds (find these in the PDF giveaway below)
  • The win lay commission
  • The winning lay odds
  • The winning place odds

Matched Betting spreadsheet

You won’t be needing to enter anything else, it may sound like a lot but this is a spreadsheet and the information can be multiplied by clicking the black cross that shows up when you hover on the right-hand corner, if you hold that whilst scrolling down (or any direction) the information you’ve entered can fill the rest of the rows automatically. So when there is a day with multiple bookies having the same information, you can save time by doing this. 

This spreadsheet is very helpful because it not only keeps track of our extra place bets, but also includes prefixed calculations, so when you enter the odds and your betting amount, the spreadsheet tells you how much to put on your lay bet. So when we use this spreadsheet, we don’t need to use Profit Accumulator’s calculator, saving us a lot of time. You can receive a link download the spreadsheet and place odds PDF after you have signed up and email sofie@iq-profit.com with the words ‘Extra Place’. 

So when you’ve got your winning lay bet amount and place lay bet amount, you should just type the number into the winning lay bet (right option) first without pressing enter (never place a lay bet before a win bet), this is because the odds might change and once we’ve placed the bet with the bookie, we want to do make our lay bets as quickly as possible to keep the odds close together. 

Then scroll down to the separate list of place bets, choose the right hand option and type in the place bet. 

Now go to the appropriate bookie and make your each way bet. Make sure you check the EW button. 

Once that is placed then go to your lay bets and place both of them (quick). 

 

One Horse at a Time

So now you know how to make an extra place bet, you will have to repeat this process with every new match that the oddsmatcher finds for you. 

In order to get as many horses as down as possible, you should start early in the day. Well practiced matched betters will start their spreadsheets from 7-8 in the morning and catch 8+ matching odds throughout the morning until the race starts. This way it won’t seem like as much work as it will be spread out and completed little by little. It can also very fun to find the matching horses and get excited about all the money you’ll earn. Matched Betting Forum Horse Racing Extra places

Most extra place matched betters keep their eye on the forum and help each other out by posting matching odds in there. As Profit Accumulator’s oddsmatcher doesn’t find matching place odds, only matching winning odds, then it is helpful to let others know on the forum when you find a good place match, and vice versa. 

 

Summary

As I said at the start of this post, like most things, this requires practice, and with money at the other end of each time you practice, you should get a lot of it!

Please go to Profit Accumulator to find more information on the extra place bets. I guarantee you won’t regret it! 

 

Matched Betting – Find Out How to Use Profit Accumulator to Earn Your First £1000

Matched Betting – Find Out How to Use Profit Accumulator to Earn Your First £1000

Matched betting is a very profitable money making method that I used to earn money during my time at University. You could say it was a very good part-time job, with some months earning over £1000.

 

If you think matched betting requires technical in-depth knowledge or mathematical skills, let me tell you it really isn’t as hard as it sounds. 

 

It took me about a week of practicing matched betting until I got the hang of things. Yes like most things it requires patience when getting started. 

 

So what actually is Matched Betting? 

Matched Betting is a method that uses the free bets that a bookie gives to their customers to entice them to place more bets. 

The Matched Better will take this free bet, make a calculation, and with these calculations they find out the amount of money to use on a lay bet so that you don’t lose any money. 

When placing a free bet given to us by a bookie, the amount of money put on the lay bet will equal in us earning 80% of the free bet we earned, regardless of winning or losing the bet. So if it is a £25 bet, we make around £20, and if it’s a £50 free bet we make around £35. 

If I’ve lost you and it’s not all that clear, don’t worry, that’s exactly how I felt when I started out. 

Luckily we have some well known sites and programs that teach us step by step how to do Matched Betting.

One program that I have used for over a year now is Profit Accumulator. 

Profit Accumulator is the most popular Matched Betting website and truly is a real find when it comes to researching online money making methods. 

They provide you with video tutorials and detailed instructions on how to complete each Matched Betting offer and use of their calculator, telling you how much to lay and how much money you’ll be making from the free bet.

In the free membership there are only 2 offers to complete that will earn you £45. 

In the paid membership (22.99 per month) you’ll find a much longer list of Advanced Offers to complete that will earn you around £1000, after you complete them you move onto a selection of ‘Reload offers’ that changes daily. 

 

This is what the members homepage looks like:

Profit-accumulator-homepageProfit-accumulator-homepage-2

Profit Accumulator is a quick cash scheme that actually works. Though it may sound hard to believe, this is no lie, however the £1000 sum does depend on the odds you choose and so the outcome varies, some make just under £1000 and others make just over.

I made £976 in my first month by completing the advanced offers, I may have earned more if it didn’t take me so long to understand that placing bets on higher odds earns you more money.

So if I can do it, anyone can, and if you look at some of the grammar and spelling on forum posts from people making thousands, you should feel confident that you will one day get the hang of it. When I was earning £100-500 per week from only Matched Betting, I felt I had to tell others, and it was all I spoke about for weeks on end.

Profit Accumulator say that the process of Matched Betting takes 1-2 hours of your day, but this isn’t necessarily true as it depends on the offer, as some offers have you going back throughout the day to check on results.

It takes me 1-2 hours now that I’ve had a lot of practice and know what I’m doing, at first it was more like 3 hours or so.

So that no mistakes are made, which believe me, they happen, you should take your time learning and completing the Advanced Offers before moving onto Reload offers.

Profit Accumulator has been around for a while now and their forum has gained a lot of active members.

profit-accumulator-forum

So if you have any doubts about what you’re doing, there is a very active forum where you can find expert advice. Once a question is posted there are usually a lot of devoted members of the community answering it for you. This forum is where I learned a lot of useful tips so it is worth spending the time reading it.

 

Automation Tools

Profit Accumulator is not just a directory for finding free bet offers from bookies, they have also developed tools that make the process of finding bets a LOT easier. In the section below I will give a brief overview of some of the nifty tools they have developed.

 

The Oddsmatcher 

The oddsmatcher is a vital tool for Matched Betting, nowhere on the internet is there an oddsmatcher as fast and flexible as the one available on Profit Accumulator. 

Oddsmatching-tool

The oddsmatcher currently scans 44 different bookie sites and finds matching odds on a bet, provides you with a link to the bet and a calculator to get you making your bet as fast as possible. The software has a rating system of 100%, over 100% makes you extra money on top of your free bet. 

Since their first tool, they have developed more impressive and useful tools that aim to make Matched Betting as easy as possible. 

 

The Match Catcher

The Match Catcher is an app with scheduled alerts for finding, matching and placing bets on horses. This is very useful as there are daily free horse racing refund bets available from bookies. 

 match-catcher-table-highlight

It scans through all of the eligible races for the free bet offer (so you don’t have to check which bookie to bet with). It speeds up the whole process of placing horse bets to help you earn as much as possible from them.

 

The Acca Catcher

A recent release is the Acca Catcher, an app designed to give you very little work to do for the Accumulator Refund offers. Before the acca catcher, the Matched Better had the tiresome process of finding and betting on accumulator combinations, filling out spreadsheets, remembering to check game results and place lay bets. 

acca-catcher-overview-laptop

With the Acca Catcher there is no need to find any bets as the app scans trillions of accumulator combinations and provides you with all the best ones to choose from (what will make you the most money). There is no need to remind yourself to check results of a game to make your lay bet as you’ll have email alerts sent to you. There is also no need for any spreadsheet as all the calculations and documentation is provided for you.

So as you can see, with Profit Accumulator, you not only get step by step instructions for how to do Matched Betting, with these three applications and the calculator too, earning money through Matched Betting is a breeze.

 

Summary

Matched Betting has been proven to be a viable way to make money and now with Profit Accumulators help, it can be done by anyone. The easy to follow instructions and tools that the website provides along with its massive community of support means you’d be missing out big time if you don’t sign up now!

 

If you want to know my favourite offer from Profit Accumulators website, and see how to make thousands with just 1 horse race with a loss of £5-10, visit my article: Matched Betting – How to Earn Thousands £££ from Extra Place Bets

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