Are you looking for a way to make some extra money on the side? Maybe you’re a stay at mum looking for a bit more income, a student in need of more cash to enjoy nights out, or someone who just fancies making some extra spending money. If so, then matched betting is one of the best ways of doing this.
Profit Accumulator is one of the top matched betting sites out there, and is recommended by many who have got involved with the matched betting community. Are they the site you should use? This review has got everything you need to know before you sign up with them. If you are finished with our Profit Accumulator review and want to get stuck in click the ‘Start earning money’ button below!
What Is Matched Betting?
If you’ve never got involved in matched betting before, then you may be wondering how you can make money by betting. This technique is used by betters to mathematically calculate the best odds on free bet promotions from various different bookmakers. For example, you may see a bookmaker offering a a free £25 bet, if you place another £25 bet with them.
To ‘match’ your bet, you need to know the difference between the different kinds of bets. Firstly, there’s the ‘back bet’. This is a bet you place when you’re ‘backing’ something to win. For example, if the England football team are playing a game and you bet on them winning, then you’re placing a back bet.
Then there’s the ‘lay bet’. This is a bet that you place against something happening. Take the England team example again. If you bet against them winning, then you’re placing a lay bet.
When you’re using matched betting, you’re actually placing two bets. You’ll use the free bet to place a back bet, and then another bet to place a lay bet against the same event. You’re ‘matching’ your bet and cancelling out the risk in betting, as either way you’re going to get a pay out.
Who Are Profit Accumulator?
Think matched betting sounds good? Then you’ll see a lot of Profit Accumulator around online when you start searching. They’re one of the most popular match betting services out there, and they have thousands of members using their services.
Profit Accumulator was set up in 2014, and has rapidly grown to become one of the most popular matched betting sites around. This is thanks to the way it markets itself to people who have never thought about trying matched betting before.
Are Profit Accumulator Legal?
So far, you may be thinking ‘This sounds great, but is this really legal?’ Anything can look good on paper, but you’ve got to be wary of scams that are out there. You’re right to be cautious, so are Profit Accumulator genuine?
The fact of the matter is that matched betting is totally legal. The process has been covered in several noted publications such as The Guardian, so you can be assured that the whole idea is totally on the level. Even large bookmakers such as William Hill have legitimised the use of matched betting, so you know you’re OK to get started.
Who's Betting With Profit Accumulator?
Before you get started with this matched betting service, you want to know what others have to say about them. To get a good idea, you can check out reviews of what they do directly on their website.
Looking at just a handful, you’ll see that the response is mostly positive. Many are calling the service ‘excellent’, with ‘clear concise instructions’ that are easy to follow. Another points out that this is is a ‘profitable hobby’. If you want to know more, check out more reviews before you get started with this service.
How do you get Started?
OK, so you know what matched betting is now, and you want to try out Profit Accumulator for yourself. If you’re still unsure as to whether you want to commit to it, they have a free trial for you to put to use. You can use this to start using Profit Accumulator and start signing up for free matched bets online. If you’re happy with how it works, you can then sign up with them. If not, then you don’t have to sign up at all. There’s very little risk involved.
If you like what you see, then you can sign up for a membership. At time of writing, the cost of membership is £17.99 a month. This is actually a reduction from the prices they’ve charged in the past. Before, a month’s membership would be £22.99, with an extra £15.99 on top if you wanted to use their extra tools. The price came down, it appears, to help Profit Accumulator compete with all the other services out there.
Making your First Matched Bets
When you first sign up with Profit Accumulator, you’ll be walked through the whole betting process every step of the way. This makes them a good service for anyone who’s never done it before, and is feeling a bit nervous.
The first thing you’ll do is check out one of the many videos they have on the site, that will show you how matched betting works. These are great if you hate ploughing through great chunks of text, looking for the info that you need. If you learn better through reading though, there are written guides too.
If you’re just getting started, we would recommend both watching the videos and reading the guides that are on offer. It takes some time, but it’s time well worth spending.
Most of the guides will walk you through an aspect of matched betting. For example, one will show you how casino betting works, while another focuses on bingo. This way, you can focus on the ways you want to bet and get all the relevant info.
Once you’ve done this, you’re ready to make your first matched bet. Profit Accumulator will lead you to a collection of bookmakers offering sign up bets in your area of interest. They will walk you through signing up with them, and placing those bets in order to make your first profits. It’s easy to do, as they will guide you throughout the whole process.
Making Money on Matched Betting
Many people ask how much they can make on matched betting, and it’s a difficult question to answer. After all, the possibilities are limitless. There are so many ways you can make money through it. Look online, and you’ll see people who treat matched betting as a part time job, or even a full time one. Others use it to fund holidays or other luxuries, making it look like a tempting prospect.
The answer is, you’ll make however much you want to make out of it. Profit Accumulator are set up to work with all matched betters. Want to just put in £25 and make a small profit back, enough to keep you in coffee and sandwiches during the work week? You can do that. Want to make more money, enough to whisk your family off on a dream holiday? Put the time in, and you can do that too.
Many people recommend setting up a new bank account just for betting with, which is sound advice. You can use that cash solely for betting and your winnings, so you don’t have to worry about dipping into your regular earnings. It’s a good way to save that cash up too, if you have something in mind for it.
Making Money After signing up
Once you’ve signed up with Profit Accumulator and signed up with the major betting agencies, are there really any other opportunities for you to make money? After all, there’s only so many times you can sign up with a bookmakers legitimately.
Profit Accumulator have two ways they help you get around this and still keep making cash. Firstly, they have a huge range of bookmakers that you can choose from on their site. There are all the big services, such as BetFred, William Hill, Coral, and so forth. However, they also have a large amount of other bookmakers available, many of which are smaller and you may not have heard from before. They still offer good odds and sign up bonuses, so you can take advantage of them.
Next, there’s ‘reload’ offers. Profit Accumulator helps you take advantage of these and keep that cash coming in.
What is a ‘reload’ offer? Essentially, it’s a way that betting agencies and bookmakers keep people coming back for more. These are available to people who are already signed up to them, and offer lots of opportunities for making more cash every month.
If you want to find the reload offers, they’re all kept on the Profit Accumulator’s forum for platinum members. This keeps them all in one place, making it very easy for you to work through them whenever you’re ready.
Members report that Profit Accumulator have lots of offers posted every day, so you’re never short of new bets to take part in. They have dedicated staff that are there just to find these reload offers, and they say that they have more staff, and post more offers than anyone else. It’s hard to prove that, but it’s clear that they are working hard to give you what you need.
Profit Accumulator Tools
To get the most out of your matched bets, you’ll need to take advantage of two pieces of software they make available to their customers. Firstly, there’s the Oddsmatcher. This is what will help you find the best odds, and therefore the best rewards, when you come to make your matched bets.
Originally, the service used Oddsmonkey to provide this service, but Oddsmonkey eventually became a direct competitor. As this was the case, Profit Accumulator had to make their own software, and now it’s become indispensable for their members.
If you’re a newcomer, you may find the tool a little intimidating to use. Luckily, you’re not expected to have it all down pat right away. There is training available so you can get to grips with it and start finding the best odds as soon as possible.
The best thing about this tool is that it auto refreshes, so you’re always getting the most up to date information going.
The other piece of software you’ll be able to use is the calculator. This is vital too, to your matched bets. Again, you’ll be taught how to use it in your training, so you won’t have to worry about a thing.
The calculator is designed to give you the odds for any bet that you’re thinking of putting down. You’ll enter the odds of the bet you’re thinking of making, as well as the stake of the bet, and it will tell you how much you’ll need to lay and how much your profit will be. There are more advanced calculators that you can use as you get more accustomed to matched betting, making it easier than ever to start making that cash.
There’s actually one more tool you can use when you’re using Profit Accumulator, and that’s their Profit Tracker. Some matched betters like to keep a spreadsheet with all their bets, odds, and profits so they can keep track of what they’re spending and gaining in return. This is a good idea, and Profit Accumulator has run with it to give you an online version you can update in real time. This is helpful to you, as you can check it no matter where you are in the world.
It’s a feature that not every matched betting service offers, and you’d be surprised at just how useful it is. It’s highly recommended that you check it out before you start making bets, so you’re organised right off the bat. It’s going to be difficult to keep track of everything once you really get stuck in, so you’re going to need this.
The Profit Accumulator Community
As mentioned earlier, there is a forum on the Profit Accumulator site that you can use as a member. This allows you to check out all the new reload bets, as well as any other exciting news from the service’s team. It’s a good idea to keep an eye on it regularly, as that’s where all the news is. There are social media groups for Profit Accumulator, such as a Facebook group, but the news first shows up in the forums.
You’ll also be able to talk to other members, and chat about what you’re doing. This is a great place to pick up tips and get to know others with similar interests to you. Having that community makes it easy to ask a question if you’re not sure about something.
It is worth being aware that some users will make posts about how they’ve made large sums of money, e.g. ‘I made £5,000 this week!’ Some users find this off putting, as they may only be starting out and so will be making smaller amounts of money at the time. Be aware that these users have probably been at it for a while and so are making more money. Remember that soon you’ll be able to get up their level, so don’t be disheartened when you see posts like these.
Should you use Profit Accumulator?
Now you have all the info to hand, so is Profit Accumulator the service you want to be using? Let’s go over all the facts.
Ease of use: Profit Accumulator is set up to ease any new users right into the action, without any problems. It’s hard to get started when there’s so much to know, which means they’ve set up many guides to help you along. That includes video and written guides, so you can get all the information in a way that suits you best. Some will find that this is a bit time consuming, but it pays off.
Easy to use tools: Their tools that track your bets, give you the best odds, and calculate how much you need to bet are all easy to use. They’ll help you keep on top of your bets, and see how much you can make once you really get stuck in.
Updated offers: There’s a clear emphasis on keeping you in the loop when it comes to bets and reload offers. The Oddsmatcher tool refreshes automatically, so you can be sure you’re seeing the most up to date offers. Also there’s a dedicated team that are always looking for new reload offers, so you can easily keep track of them in the forums.
Recommended by users: When you check out what users are saying, it’s an overwhelmingly positive experience. Users love Profit Accumulator, and they’re happy to tell you all about it.
Overall, Profit Accumulator is one of the oldest and well known matched betting services for good reason. They’re easy to use and get into, letting anyone new to the game get involved. They’re always on top of the newest offers, sharing them with you. Finally, they offer you all the tools to make as much money as you want to. If you want to try matched betting, check them out.