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Matched Betting Guide: Make $50 Risk-Free — Step-by-Step Guide & Transcript

How to Make $50 Risk-Free with Matched Betting in Under 30 Minutes

0h 16m video Published Sep 5, 2023 Transcribed Aug 14, 2026 S Shane Huang
AI Trust Score 65/100
⚠️ Average / Some Fluff

"Delivers on the core promise of a risk-free $50 profit, but the heavy course promotion and repetitive explanations dilute the value."

AI Summary

This video demonstrates a risk-free arbitrage betting strategy called matched betting, specifically using synthetic arbitrage with signup bonuses. The presenter shows how to use a free $100 bonus bet from a sportsbook (BlueBet) and hedge it on a betting exchange (Betfair) to guarantee a profit of around $70 in under half an hour, regardless of the outcome.

[00:00]
Introduction to Arbitrage Betting

The video introduces synthetic arbitrage betting, the simplest form of arbitrage with the most profit, using signup offers and hedging on a betting exchange. The goal is to make over $50 risk-free in less than half an hour.

[00:31]
Using BlueBet Sportsbook

The presenter uses BlueBet for the example, noting that you must use your full legal name due to ID verification. The signup bonus is a $100 bonus bet, which is not cash but can be converted to cash through matched betting.

[01:40]
Depositing and Receiving Bonus

Depositing $100 into BlueBet triggers a first deposit bonus of $100 in bonus bets. This bonus bet is the capital used to generate profit.

[02:09]
Setting Up Betfair Exchange

The presenter uses Betfair (betfair.com.au) to hedge the bet. The key is to find a bet with odds between 7 and 20, where the back odds (sportsbook) and lay odds (exchange) are as close as possible.

[03:38]
Finding a Suitable Bet

An example is found: Nigeria vs Canada in the World Cup. Nigeria to win at 9 odds on BlueBet, and the lay odds on Betfair are 10.5. The pink column on Betfair is used for laying (betting against).

[04:10]
Placing the Bonus Bet

The $100 bonus bet is split into two $50 bets. The bonus bet is placed on Nigeria to win, with a potential payout of $400 (stake not returned).

[05:05]
Hedging on Betfair

A lay bet of $37.50 is placed on Betfair at 10.5 odds, meaning the presenter acts as the bookmaker. This requires a liability of $356.25 in the Betfair account, which is the amount paid out if Nigeria wins.

[06:14]
Guaranteed Profit Calculation

If Nigeria wins, the net profit is $43.75 ($400 win minus $356.25 liability). If Nigeria loses or draws, the profit is $37.50 minus commission (about $35). Either way, a profit is locked in.

[07:37]
Second Example: Correct Score

Another example is shown using a correct score bet: Switzerland women to win 1-0. The bonus bet is placed at 7.5 odds (potential $325 win), and a lay bet of $37.50 is placed, with a liability of $285. This guarantees a profit of $40 if the score is correct, or $35 otherwise.

[11:55]
Results and Profit

The next day, both bonus bets lost (Nigeria drew, Switzerland won 2-0), but both lay bets on Betfair won. The total profit was about $71, with a balance increase from $117.28 to $1244, all risk-free.

[13:21]
Turning Bonus into Cash

The $100 bonus bet can be converted to cash by placing a bet and hedging it on Betfair, effectively turning the bonus into withdrawable funds.

[14:13]
Course Promotion

The presenter promotes a full sports betting course on shinglingbetting.com.au for $280, which includes 10 lessons, tools, Discord Q&A, and a money-back guarantee if the cost isn't recouped within a month.

Mentioned in this Video

Tutorial Checklist

1 00:31 Sign up at BlueBet with your full legal name and deposit $100 to receive the $100 bonus bet.
2 02:09 Sign up at Betfair (betfair.com.au) and deposit at least $500 to cover liabilities.
3 02:25 Find a bet with odds between 7 and 20 on BlueBet, and check the lay odds on Betfair are as close as possible.
4 04:10 Place a bonus bet on BlueBet (e.g., $50 on Nigeria to win at 9 odds).
5 05:05 Place a lay bet on Betfair (e.g., $37.50 at 10.5 odds) to hedge the bonus bet.
6 07:37 Repeat the process with another bet, such as a correct score bet, to use the remaining bonus bet.
7 13:21 Convert the bonus bet to cash by placing a bet and hedging it on Betfair, then withdraw the profit.

Study Flashcards (7)

What is the simplest form of arbitrage betting mentioned?

easy Click to reveal answer

Synthetic arbitrage, which uses signup offers and hedging on a betting exchange.

00:16

What is the key difference between a bonus bet and cash?

medium Click to reveal answer

A bonus bet does not return the stake if it wins, so the payout is calculated as odds times stake minus stake.

04:38

What is the recommended odds range for a matched betting opportunity?

easy Click to reveal answer

Between 7 and 20, where the back and lay odds are as close as possible.

02:42

What is the purpose of the pink column on Betfair?

medium Click to reveal answer

The pink column is for laying a bet, meaning you are acting as the bookmaker and betting against the outcome.

11:25

How much profit was made in the example, and in what time?

easy Click to reveal answer

About $71 in less than half an hour, risk-free.

13:07

What is the liability in a lay bet?

medium Click to reveal answer

The amount you must have in your account to pay out the other person if the outcome you laid against happens.

05:44

What is the recommended initial deposit for Betfair?

easy Click to reveal answer

At least $500 to cover potential liabilities.

10:32

💡 Key Takeaways

💡

Synthetic Arbitrage Defined

Clearly defines the core strategy used throughout the video, setting the foundation for the tutorial.

00:16
🔧

Guaranteed Profit Calculation

Demonstrates the mathematical certainty of profit regardless of the outcome, which is the core value proposition.

06:14
📊

Real Results Achieved

Shows actual profit of $71 in under 30 minutes, providing concrete evidence of the strategy's effectiveness.

13:07
💡

Course Promotion

Highlights the commercial aspect, offering a paid course with a money-back guarantee, which is a key part of the video's purpose.

14:13

[00:00] So in this free trial version of the course I'll be showing you in less than half an hour how you can make over $50 risk-free using arbitrage for betting in Australia. For those who are skeptical and don't believe it's possible then this video hopefully will disprove your skepticism. And the

[00:16] type of arbitrage betting we're going to be using is a synthetic arbitrage tactic which is the simplest form of arbitrage and has the most profit. So specifically what we'll be doing is match betting using signup officers and hedging them with a betting exchange and if you're not sure

[00:31] what a betting exchange is or what hedging is at the moment then that's fine that's what we're covering today and today we'll be using a sportsbook called bluebet run with smaller ones on a full list of sportsbooks you can use in the full course and excel sheet but for today we're

[00:45] just going to be using bluebet so what you'll do is go to bluebet and sign up with your details you do have to use your full legal name as they do id check and verify you with your driver's so you can't make up a fake name or use someone else's name that will go against the terms

[01:01] and conditions so you're doing these only. So once you've gone ahead with that you'll come to this page and also receive this email saying welcome to Bluebet. Once you've filled in the form and the details then it will say you're ready to join now.

[01:14] So what we want to get is the $100 bonus, the sign up bonus, which is very good and that's what we'll be using to make our money. It's not cash that we can withdraw, but I'll show you how you can turn it into cash that

[01:26] we can withdraw, and it's $50 a profit within half an hour. So I'm going to move this to the other screen and hide my card details while I fill that one in. So now that I've placed a deposit in my GreenBuddy account, I've gone ahead and done that, and

[01:40] what's happened is I've deposited $100, so I can maximize the first deposit bonus I get, which is up to $100 in bonus debt. So I deposited $100 cash into this account, and I got a first deposit bonus of $100.

[01:53] which you can see in my account here. I can go ahead and split it as well. So that's the first step. Now the next thing I want to do is go to Betfair. So betfair.com.au, not the UK one, and fill in the details and go ahead and join up. So I've already joined up for Betfair. I won't

[02:09] show that process here, but you can do that in your own time when you're following along with this video. And then what we want to do is we want to find a bet. Now with Betfair, we're going to use to hedge our bet on Bluebet. So we don't need that anymore. And what we can do is just

[02:25] go to any top tier sports. So AFL, NRL, the World Cup, any of that is okay. So let's go to AFL. And what I want to do is split the tab, the window, into two sides. So I've got Bluebet on one side and I've got Betfair on the other side. So what I'm looking for is

[02:42] a win odds somewhere between 7 and 20. Ideally we want this number, so for example West Coast equals is a good opportunity and here it's currently at 20 so 14 and 20. We want them

[02:54] to be as close as possible together. We can also have a look at the rugby league so do the NRL. These are all a lot closer

[03:08] so it's probably not as ideal so we want to we can also try the soccer which is the world cup So we've actually found a good opportunity on Nigeria versus Canada.

[03:38] So this game here. Nigeria versus Canada in the World Cup. The opportunity is Nigeria to win at 9 odds. So remember we want to find something between 7 and 20, and where the opposite is also similar.

[03:52] So this number here, the pink one, is the number we want to focus on, 10.5 is close to 9. So that's a good opportunity. Now what we can do is hedge it So we can place a bet with our bonus money on Nigeria Women So we can bet so and we can use bonus bet

[04:10] And this doesn't require you to have a bit more money in your Betfair account, but so if $100 is too much, what we can do is we can split this bet. So we can split it into two, and we have two of

[04:23] $50 now, rather than one $100 bet. So we can split it up and put this up. So let's go back to that game which is Nigeria versus Canada and what we want to do is use our bonus bet because

[04:38] we can't withdraw bonus bets so we have to use it so if we put $50 we get a payout of $400 so we don't get our stake back so it's not $450 that's the difference between bonus bets and cash so what

[04:51] we can do instead in case Nigeria doesn't win then we can bet against Nigeria to win on betfair so So what that means is at 10.5 odds, we're being the bookmaker and someone else is placing the bet on Nigeria to win.

[05:05] So that means if Nigeria wins, we'll win $400 here. If Nigeria doesn't win, so whether it's a draw or Canada wins, then we lose this bet here, but we win our bet against Nigeria here.

[05:17] So how much do we size? I like to do 75%, so $37.50. So what this means now is we've accepted someone else's bet of $37.50 at 10.5 odds.

[05:30] They're betting on Nigeria to win. So as you can see here, if Canada wins or the draw happens, then we make $37.50 in profit. You do need at least $356.25 in bet bets, which adds to your liability.

[05:44] You need to have that amount of money in your account in case Nigeria does win and you need to pay out to the other person because you're essentially the bookmaker. So in this case, what will happen is our net result is we make a profit no matter what.

[05:57] Using our bonus bet, which is not actually cash, it was just a gift to us from the bookmaker for signing up, and this is a good way to make easy money, we will get $400 of Nigeria Wins, but if Nigeria does win, then we lose $356.25 as you can see here.

[06:14] our liabilities is negative 356.25, which means we get a net result of $43.75. So we're guaranteed to get $43.75 if Nigeria wins. Now, if Nigeria loses, or the game ends in a draw, so as long

[06:30] as Nigeria doesn't win, then we lose this bet. We get nothing from this bet on Bluebet, but we get $37.50 from Betfair. And there is a small amount of commission, as you can see here, $0.05 commission

[06:42] on your winnings. So instead of $37.50, I might get roughly $35.50 instead. So there's a little bit of commissions, but either way, I'm getting at least $35, which is not bad. $35 if Nigeria doesn't win, and I'm getting $43 roughly if Nigeria doesn't. So either way, I've locked in a good

[06:59] amount of profit. So we can go ahead and place these two bets. We need to make sure the number here 477 is more than how much we're going to see how much out we're staking. There's

[07:11] $477 available we have $37.50. So we go ahead and place two bets at the same time. So make sure you're using the bonus bet. Just confirm that we're using the bonus bet not cash that

[07:25] we deposited. So we've gone ahead and placed that bet now we want to immediately place the other bet and that's going to guarantee us a profit so it doesn't matter whether Nigeria wins

[07:37] or not we're guaranteed at least 35 dollars or so we make slightly more as Nigeria does win. Now what we can do is go ahead and try to find another bet we can go look at the correct school outcomes for example here the game ends in draw is an opportunity where 10 and 12 are very close

[07:55] we want them to be as close as possible. The dollar possibility is a 1-1 draw, which you can see here is 10 and the opposite is 11 So that is also a good opportunity and we can do that as well So it doesn have to be a winner of the game but that obviously better We can also look for another game

[08:16] So it doesn't have to be Nigeria versus Canada. We can also do, for example, Philippines versus Switzerland. 14 and 18 are pretty close, but could be better. You can see this isn't a great opportunity because 17 and 60 are quite far apart.

[08:29] The draw for Spain and Costa Rica. So let's actually go to the World Cup and the Philippines vs Switzerland game. Now instead of betting on the Philippines one which isn't that great of an opportunity,

[08:41] what we can go ahead and do is try to find one in the correct score. So one that I can find is Switzerland women to win 1-0.

[09:00] So in this case it's not 1-0, it's 0-1 because 6-1 is the second team. Yeah, they're the second team. So it means it's first and 6-1 second, which means it's this one here. And in this case, so in this case we're going to be betting our 50-0 stake in, where you

[09:16] remember we're using our bonus bet, not our cash. So we can potentially win 325. That is calculated from 7.5 times 50 minus 50, which gives us 325.

[09:29] we don't get our $50 stake bonus bet back, even if it wins. So here, what we can do is again put in $37.50, and this means you have a liability of $285. So what does that mean?

[09:41] If Switzerland wins 1-0 exactly, then we win $325 here, but lose $285 here. So we will make a net profit of $325 minus $285, which is $40 of profit.

[09:54] Now, if Switzerland doesn't win by 1-0, they win by any other score or a game in the draw, or the Philippines wins, then we lose respect, but we get $37.50 from every other possible

[10:06] outcome and loan from that 0-1. So that means we get $37.50 minus that 5% commission, which is still $35. So once again, we're guaranteed at least $35 in risk-free profit. We don't really care what the score is. Obviously, we make a few dollars more if Switzerland

[10:20] wins 1-0, but either way, we make around $35 to $40 or so. So make sure, again, the true one is greater than the amount we're putting, $37.50, that's fine. So we can go ahead and place these bets.

[10:32] Again, you need to have at least $285 in your Betfair account. So I do recommend at the start putting in at least $500 or so in your Betfair account. Now, if you have less than that in your account and you can't place a bet, you just need to wait for the money to come back into your Betfair

[10:46] after the account has settled. Or let's say you win that first bet on Nigeria, women, to win that and you have to pay out in Betfair then you can transfer some money across. So we'll go ahead and place these two bets.

[10:58] So Switzerland women 1-0 double check that. Double check we're using our bonus bet and we can go ahead and press that bet. So then you can go ahead to your account and see my balance is strong but that's okay

[11:11] and I can go to see my bets as well. So we go down and we can see it's now matched that's why it's called matched betting and we can see we have Switzerland women 1-0 but remember to raise the 1-0 so remember the pink

[11:25] column not the blue column we're betting against Switzerland to win 1-0 here and we're betting on Switzerland to win 1-0 here here we're betting on Nigeria women at nine odds to win the game and here we're betting against Nigeria to win the game so remember always the pink column on better

[11:41] don't ever use the blue column so just in case you guys don't believe me we can wait till the games are settled and I'll show you the results. So as you can see it's the next day now and we go

[11:55] back to see the game from yesterday. Nigeria and Canada ended in a 0-0 draw so we did not win that bet and Switzerland won by 2 goals to 0. So that means we did not get any return for a 1-0 score for Switzerland to win and Nigeria did not win their game so we lost both of these bets on Bluebet with our bonus bets Remember we used bonus bets so still have cash in our account Now the thing is with Betfair now if we go to our exchange bet and the threshold and

[12:24] we find the bets that happened in the last seven days, we can see we've won both of these bets, because we bet against, we did a late bet against Switzerland to win 1-0, which didn't happen, and we bet against Nigeria to win, so we won $37.50 on both.

[12:39] So that's about $75, but there's a little bit of commission, and we can see that from the transaction history. If we filter by the last seven days, you can see you've got a cash amount of $35.62.

[12:54] So my balance went up from $117.28 to $1244. So I made about $71 and something risk-free entirely, and I didn't lose any money on food, but I just used up the free bonus bet that I got.

[13:07] So now I'm completely risk-free, $70 off the profit in less than half an hour. Very easy to do. So today that means I just covered a very simple example. Now, you can't withdraw this $100 from the bet just then. You can just turn it around, but that's pretty easy to do.

[13:21] You can just bet on something and hedge it on Betfair. So, for example, I could go to, let's say, AFL, and let's say I want to bet on, let's say I want to bet on the World Cup, and I want to bet on England to win.

[13:34] and for bet there I can go to the same game so I can bet against England at 1.03 I'm being the bookmaker and turning over my money that way

[13:46] so very easy to do instead I'm not going to do that as I'll do other strategies with this using the other promotions as you can see there's lots of different promotions and there's lots of different promotions for other sports for example I've got this sports bet

[14:00] one of the most popular ones we can see they have a lot of specials For example, three leg multis, laces, second and third. Now, there's a lot to learn and a lot to cover, and I won't be able to cover that all in just the free trial.

[14:13] I do actually spend about 10 hours or so covering all of this information. How to make profits using first proposal offers in a bit more detail, and also how to use the other promotions most effectively to maximize the returns and maximize their expected value,

[14:28] and also make your accounts last longer so you don't get restricted from promotions too quickly. And all of this I cover in my sports betting course, which you can see on shinglingbetting.com.au. And you can just sign up to the product over there.

[14:41] Sometimes the website is a little slow. I need to fix that. But you can sign up to the course there. It's currently for 280 AD. And after that, you'll get access to 10 lessons with active questions involved for each,

[14:53] and 12 roughly for each lesson for all the different shows that I cover. And you get access to all the tools. This really helps you from having to use that much math, So let's say I change this number here and I want to change the number of the button.

[15:06] If I change this to 0.6, you can see the numbers will update. So if I set 0.5, you can see it automatically does the calculations that I teach for you. So it's kind of a tool that helps here and also some other tools which bookies I recommend.

[15:21] Also you can get Discord Q&A access, so you can get Discord help for all the courses, Q&A, live set examples, practice examples and the course content as well. And of course with this course you do get a money back guarantee.

[15:35] So what the money back guarantee means is you'll be refunded in full if you watch all the courses, do the practice questions and after one month of betting you still haven't made back the cost of the course. Then I just give you back all your money and basically you don't need to pay anything.

[15:49] You get all your money back. I do offer this I think because I'm very confident you will make your money back. Many people have made over thousands of dollars. You can see the reviews for this. People have made lots and lots of money, $6,000 in 6 weeks, $500 a week, sometimes $750 or $800.

[16:04] It depends on the week, there's a bit of luck involved, but most people have been very happy with the course, and I'm sure you will be too. If you enjoyed this video, then make sure to give it a big like down below, and subscribe to this channel to not miss out on any other sports betting tips and tricks that I have lined up.

[16:17] And as always, see you guys in the next video.

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