Matched Betting in America is quite possibly the best side hustle of the decade. However, information about no risk matched betting in the United States is slim pickings and articles often refer to offers and sportsbooks in other countries. As a result, I created this Matched Betting USA guide!
This Matched Betting USA guide is a page that aims to provide a single source for all information related to matched betting in the USA.
As well as providing a free beginners guide to matched betting in the USA.
If this is the first time you’ve heard of matched betting and want to know why it’s been described as risk free or why it’s one of the best side hustles for just about anyone over 21 years old.
I’ll explain everything you need to know. Just click on the button below to jump to the guides
Can I Start Matched Betting in my State?
Our interactive Matched Betting USA map below tracks which states currently allow online sports betting and where there are enough sportsbook to start matched betting.
If your state is green on our Matched Betting USA map. This means you can start profiting from matched betting in your state. Just click on your state to go to one of our state-specific guides.
If your state is grey on our map then currently matched betting is not possible due to online sports betting not being legalized in your state.
However, you can still register your email to get notified when you can start matched betting in your state. Just click on your state on the map to sign up for notifications.
Select Your State Below:
Matched Betting USA Site Reviews
We have reviewed some of the best premium matched betting USA services and premium matched betting USA software curently available..
Before spending your money you should know exactly what you’re getting from each service. In the reviews we cover:
- States supported
- Premium features and software
- Support options and community
- Total available sign up offers and reload offers
- Cost for monthly and annual subscriptions
Using a premium service isn’t essential to profit from matched betting. However, you will make far more money when you have access to a community and full time team of people searching for profitable offers and building software tools.
Therefore, I would recommend everyone to invest in software and services to enhance their matched betting.
Especially, considering an annual subscription to most of these services is less than the profit you make from a single offer it really is a no brainer for anyone looking to make serious profit from matched betting to sign up to at least one service.
In addition, all of these services offer money back guarantee’s so if the service or software isn’t for you just message the support for a refund.
What is Matched Betting?
Matched betting is the process of qualifying and then converting sports book promotions and bonus offers into real cash profits.
We can often reduce the risk close to zero by betting on all outcomes of a sporting event
Once we have been given a reward by the sportsbook in the form of a free bet we can then covert this free bet into a withdrawable cash profit.
But, don’t take my word for it let’s consult the matched betting definition in Wikipedia:
“Matched betting is a betting technique employed by individuals to profit from free bets and incentives offered by bookmakers. Its proponents considered it risk-free in theory-based probability.” – Wikipedia
Matched betting is a proven method used to profit from sportsbooks. It’s all about the careful application of Math. In all my guides, I’ll provide links to explanations of all the math behind the processes. So, you’ll be confident in the process.
Why does Matched Betting in the United States Work?
Simple, sportsbooks are businesses and just like any other business they not only need to get customers in the door, but they also need to keep customers using their sportsbook and not their competitors.
As a Consequence, they run promotions to do this! We want to take advantage of these promotions whilst not actually placing any real bets.
Let’s think of matched betting like a more tradition business.
Imagine a business like Walmart. They want to try and get customers to spend all their money in their stores in the lead up to Christmas and not their competitors like Costco or Target.
They can do this by running promotions. The best known promotion for Walmart is their Black Friday sale. As a result, they may decide to sell a Flat screen TV worth $500 for $99!
Walmart know the TV is worth $500, we know the TV is worth $500 and that’s why people stampede into Walmart and start throwing hands.
Walmart expect to lose money on every single TV, but expects to recover that cost over the busy Christmas period
If we could get our hands on one of those sweet $99 TV’s we could immediately sell it online for $250 and net a cool $150 profit.
Matched Betting in the united states follows the same idea. Sportsbook run promotions that tilt the odds from the sportsbook and in favor of the customer.
They expect to lose money on these promotional bets.
Similar to buying and selling the Walmart TV.
By using some simple math’s and covering all possible outcomes of a bet we can effectively buy and then sell these promotional bets for a profit each and every time.
How Does Matched Betting Work?
As we previously discussed, matched betting is a strategy that involves covering all possible outcomes of a sports bet. By doing so, we reduce the risk of losing money and unlock free bets or rewards offered by sportsbooks.
Let’s consider a straightforward example to illustrate this concept. Imagine a sportsbook promotion where you can receive a $100 free bet by placing a $100 bet on any event.
To simplify our example, let’s assume we placed our $100 bet on a coin toss, specifically on the outcome of the coin landing heads.
Normally, if the coin lands heads, we win $100. However, if it lands tails, we would lose the $100, which presents a potential risk.
In contrast, through matched betting, we take a different approach.
We would place a $100 bet on the coin landing heads at the sportsbook providing the offer, while simultaneously placing another $100 bet on the coin landing tails at a different sportsbook, for the same coin toss.
Since the coin can only land on either heads or tails, one of our bets is guaranteed to win $100, effectively offsetting the $100 loss from the other side of the coin.
This ensures that in this scenario, there is no possibility of either winning or losing any money. The illustration below provides a visual representation of this concept:
As you can see regardless whether the coin lands heads or tails we end up in the same position across both of our bets. Making no profit or loss, but qualifying for a $100 free bet.
Free Bet Conversion
The $100 free bet offers a guaranteed opportunity for profit. When a sportsbook provides a free bet, we can’t immediately withdraw its value as cash. Instead, we must use it by placing a bet with it.
Rather than relying on a single outcome and hoping for a win, we can employ the matched betting strategy to convert the free bet into cash.
This approach involves placing bets on both outcomes of the event to ensure a profit, regardless of the result. Our goal is to eliminate risk and secure a guaranteed profit.
To implement this strategy, we wil use the free bet on one outcome, such as heads in a coin toss, while simultaneously placing a corresponding bet on the opposing outcome, like tails.
By doing so, even if our free bet doesn’t result in a win, we still earn a profit from the bet on tails.
Refer to the table below for an illustration of this scenario using the coin toss example once again:
By placing a $50 bet on tails we now convert our $100 free bet in $50 of cash profit that we can withdraw regardless of whether we win our free bet.
How do we know to place $50 on the coin landing tails? Well, We can use a matched betting calculator to work this out!
Congratulations on learning the basics of matched betting!
It’s time to up the ante in this matched betting USA guide.
Let’s move on from coin flips onto more of a real-world example using a sports game.
What are Betting Odds?
Previously, we had been using the example of a coin toss. Now when we’re in the real world of sports betting there won’t be many coin toss markets to bet on.
Instead we will be betting of sports games in leagues such as NFL, NBA NHL.
As an example we could place our bets on a sports game such as Kansas City Chiefs vs. Baltimore Ravens.
Just like the coin toss, there are only two possible outcomes of the game. Either the Kansas City Chiefs win the game or the Baltimore Ravens win the game.
However, unlike a coin toss both outcomes may not always have the same chance of winning. Due to this, we need to look at the concept of betting odds.
A (fair) coin flip always has an equal 50-50 chance to land on each side. In contrast, one sports team may be far stronger than their opponent.
As a result, they are much more likely to win. Whereas, their opponent is far less likely to win. Given that your chances of winning are different you should expect to win different amounts for betting on each team.
In sports betting, this is represented through betting odds. Betting odds show how much you would win from placing a bet on a sports team or outcome.
Moneyline Odds Explained
There are many different ways to display betting odds. The most popular form in the USA is called Moneyline Odds. Therefore we are going to use moneyline odds in this example.
The teams or outcomes that are more likely to win are called Favorites. Sportsbook display favorites as negative numbers such as -200. The negative number represents how much you need to bet to win $100. At odds of -200, I need to bet $200 to win $100
The teams or outcomes that are less likely to win are called Underdogs. Sportsbook display favorites as positive numbers such as +200. The positive number represents how much I would win from a $100 bet. At odds of +200, I would win $200 from a $100 bet.
I have a full rundown on betting odds in my betting odds explained guide. But for now, we just need to put them into our matched betting calculator to calculate our bet size.
Ok let’s tackle an example offer using a sports game with betting odds.
No Risk Matched Betting USA Example Offer
For this example offer we’ll use the examples of sportsbook A and sportsbook B.
Okay, Sportsbook A are offering a sign up promotion. Sign up and place your first bet of $100 and get a $100 free bet. Using the no risk matched betting usa strategy we can turn this into a guaranteed profit.
We are going to:
- Sign Up and Deposit $100 into Sportsbook A
- Find a Matched to Bet on Between Sportsbook A and Another Sportsbook B
- Enter the Betting Odds in the Matched Betting Calculator
- Place Our Bets at Both Sportsbook
- Profit from our Free Bet
Step 1: Sign Up and Deposit $100 into Sportsbook A
This first thing we need to do is register and create a betting account for Sportsbook A
Most sportsbooks will need your legal name, date of birth, address and last four digits of your social security number.
This is so they can confirm you’re of legal betting age and resident in the state where the sportsbook is operating.
Complete sign up and deposit $100
Step 2: Find a Match to Bet on Between Sportsbook A and Another Sportsbook B
Now that we have opened an account with a sportsbook. We need to find a sports match to bet on. We can try to do this manually but this can very time consuming and we’re not guaranteed to find the best matches that will maximize our profit.
It’s best to use a Dutch Matcher or low hold betting tool. These software tools scan all the odds available between a given sportsbook and all other sportsbook to find the sports game with the closest odds.
Below is the free low hold betting tool.
We just tell the software which sportsbook we want to bet at. The software will then find the best matches. These are shown at the top of the table in the software. Displaying the events name, market type, the two sportsbooks and odds of both teams.
Let’s say the software suggests:
San Francisco Giants with odds of +150 at Sportsbook A
Los Angeles Dodgers with odds of -157 at Sportsbook B
We now take these odds and enter them into a matched betting calculator. The calculator works out how much needs to placed at sportsbook B for the other team. In this case Los Angeles Dodgers
Step 3: Enter the Betting Odds into the Matched Betting Calculator
Now that’s we have a match to bet on and odds for both teams. Let enter our information into the matched betting calculator.
First, At the top of the calculator we want to make sure the Qualifier Bet option is toggled like the image below.
After, we want to enter the $100 bet stake into the calculator. This is the amount that Sportsbook A is requiring us to bet in order to get the free bet.
Once we have the bet stake entered. Enter the betting odds from both team.
Always put sportsbook A odds at the top (In this case +150 for San Francisco Giants)
Put the odds for Sportsbook B at in the bottom box. (In this case -157 for Los Angeles Dodgers) Make sure to include the negative (-) sign as it’s very important! The calculator will be incorrect otherwise
The calculator suggests we place $152.72 at Sportsbook B on Los Angeles Dodgers. This will ensure we have the same profit or loss no matter the outcome of the event as displayed in the outcome section at the bottom of the calculator.
The calculator shows that by placing a bet of $152.72 at odds of -157 we make a loss of -$2.73 regardless of whether San Francisco Giants win or Los Angeles Dodgers win.
This is called a qualifying loss. We lose some money in order to qualify for the free bet, but don’t worry we make far more from the $100 free bet to cover the $2.73 and make a nice profit.
By using Software tools like the low hold betting tool we can minimize our qualifying losses and make more profit!
Step 4: Place Our Bets at Both Sportsbooks
Now that we know what to bet on and how much to bet we just need to place our bets.
Log into Sportsbook A and navigate to the San Francisco Giants vs. Los Angeles Dodgers match and place our $100 bet on San Francisco Giants.
Log into or sign up to Sportsbook B, deposit $152.72 and navigate to the San Francisco Giants vs. Los Angeles Dodgers match. Now place the $152.72 Los Angeles Dodgers to win the match.
Step 5: Profit From the Free Bet
Sportsbook A will now credit our account with a $100 free bet for placing a $100 qualifier bet. We will now repeat the matched betting process to convert the $100 free bet in withdrawable cash.
We should expect to convert about 60-80% of the free bets value into cash. So we would expect to turn the $100 free bet into $60-80 of cash we can withdraw.
- Find a match using the Free Bet Conversion Finder.
In this case we fine an NHL match of Florida Panthers (+285) vs. Las Vegas Golden Knights (-300).
Firstly, We will use our $100 free bet on Florida Panthers at odds of +285 at Sportsbook A
Secondly, We will place our hedge bet on Las Vegas Golden Knights at odds of -300 at Sportsbook B
- Enter the odds into the Matched Betting Calculator
We want to use the calculator as we did before the only difference is that we want to toggle the ‘Free Bet’ Bet Type Option
Ensure that the Free Bet setting is toggled or the calculations will be wrong!
We now know that we need to place $213.75 on Vegas Golden Knights at Sportsbook B
- Place the $100 free bet at Sportsbook A on Florida Panthers
- Place the $213.75 hedge bet on Vegas Golden Knights
Congratulations! We successfully transformed our $100 free bet into $71.25 cash once both bets were settled. As a result, we earned a total profit of $68.52, even after accounting for the qualifying loss of -$2.73.
I understand that this process may seem lengthy, and matched betting can be intimidating initially. However, most individuals grasp the concept with hands-on experience while attempting their first offer. With practice, most people can complete an offer within a timeframe of 15-20 minutes.
Ready to Tackle Some Real Sportsbook Offers?
In the last offer, we looked at a generic example, but now it’s time to delve into some real sign up offers specific to your state and make your first profits! This is where things get real!
Click on the button to jump back up to our Matched Betting USA map. Click on your state and you will be taken to a matched betting usa service for your state
Matched Betting USA FAQs
Questions on Matched Betting Legality and Concerns
Is Matched Betting Legal in the US?
Yes, matched betting is completely legal. Customers have the right to use promotions offered by sportsbooks, even if their sole purpose is to make a profit or gain an advantage over the sportsbook.
Although a sportsbook may not like us doing this. The only action a sportsbook can take is to stop offering promotions to the customer. (However, there are other methods for profiting without using promotions, but that’s for another guide!)
This situation is similar to counting cards in blackjack, where a customer uses their skill and maths to gain an advantage without interfering with the game itself. A casino can stop you playing at the blackjack table, but it’s not illegal.
What are the risks of matched betting? Is matched betting safe?
People often refer to Matched Betting as No Risk Matched Betting. This label stems from the notion that, mathematically, there are no risks when done correctly.
However, in this matched betting USA guide I want to be as transparent as possible.
Once we step out of the realm of theory and venture into the practical world, certain risks come into play. The main risk involves human error or third party errors.
Third party errors could be a sportsbook website outage, a declined bank deposit or a mistake at the sporting event you’ve bet on
Will matched betting affect my credit score?
No, Sportsbooks don’t run credit checks so betting wouldn’t have any impact on a Credit Score.
Companies run credit checks when lending you either money or assets with a monetary value. As a sportsbook is doing neither they wouldn’t need to run a credit check.
Getting Started with Matched Betting USA
How much do I need to start matched betting?
You can start with as little as $100-200.
However, it may take you a little longer to complete sportsbook offers if you need to wait for withdrawals from other betting accounts.
This is why I recommend not spending your profits immediatly but reinvesting into your matched betting usa bankroll
How long does matched betting Take?
This is entirely up to you and your goals for matched betting. Some people just do an hour a day and target the most profitable offers each day.
In contrast, some people have full day matched betting schedules and complete all types of offers.
It’s all up to you!
Who can do matched betting USA?
Do I need to know a lot about sports or betting?
No, you don’t need to know anything about betting or sports. Many people start matched betting without having follow sports or having ever placed a bet
When I first started matched betting I knew nothing about most sports and had never placed a sport bet in my life.
In my guides I’ll teach you everything you need to know about both the sports rules and the betting techniques involved!
Can I do matched betting if I work full time or part time?
Yes certainly,
The best thing about earning money with matched betting is that you can do it for 30 minutes a day or you can do it 4 hours a day. It’s really up to you!
A typical offer takes around 15-20 minutes. Some people prefer to just login once a day and spend an hour doing the easiest offers or some people may decide to do all the offers. It just depends on your situation and your goals for matched betting.
Can I do matched betting as a student?
Yes, as along as you are over 21 years old and in a state with legal online sports betting you’re good to go.
Matched Betting Profit Questions
Can I do Matched Betting with multiple accounts or for someone else?
No, don’t do it. Sportsbook bans any duplicate accounts. Registering under other individuals’ names is also prohibited. Sportsbook employs geolocation software, and using the same IP addresses or devices can result in restrictions imposed on both accounts.
Is it possible to profit from matched betting after sign up offers?
Yes, Once you have competed sign up offer you will be able to make a profit from completing existing customer offers (sometimes called reload offers).
The existing customer offer can be done over an over again and are a way to keep customers betting with them. Great for Matched Betting USA people!
I have made far more from the existing customer offers than from sign up offers. About 90% of my profits have come from existing customer offers.
Is Matched Betting Worth it?
Yes, matched betting is one of the best side hustles around. You can earn $1000’s from the comfort of you own home without any customers or bosses to deal with, stock to look after, missing parcels to track down and you can start and stop when you want!
Do I have to pay tax on matched betting profit in the United States?
Death and taxes as the say. Betting profit is considered ‘other income’ in the eyes of the IRS any profit needs to be declared and taxed.
Other Matched Betting USA Questions
Is it possible to do matched betting for free in the US?
Yes it is possible. Sites like Betlogical.com provide free software, calculators and training guides to help new matched bettors start profiting.
However, if you want to increase you profits I recommend investing in a premium matched betting usa service such as ProfitDuel or DarkHorse Odds.
Matched Betting for a living? Is it Possible?
People certainly have done matched betting full time for certain periods of time. However, I would recommend you use it as a way to supplement an existing income.
For the few that try matched betting for a living at some point they will have to transition over to trading betting exchanges and value betting at sharp sportsbooks.
Who invented matched betting?
It’s hard to give a definitive answer. Finding creative ways to beat the sportsbooks has been around since there have been sportsbooks.
However, the most recent form of matched betting originated around 1999 with the increased access to the internet coupled with brick and mortar sportsbooks moving online.
The first mention of matched betting on wikipedia was on 4th January 2006 by Darren Brooks the owner of matchedbetting.co.uk