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Matched betting · Academy

Lesson 8 of 8

Bankroll and tracking

How much cash do you need across both accounts, and how do you know what the offer actually made?

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Budget for the bookmaker stake and the exchange liability at the same time. Then record the qualifying result, the reward and the final free bet result separately. A headline offer value is not your settled profit.

Plan the balance

A £10 bookmaker stake and a £30 exchange liability require £40 across two accounts before the match settles. That money is tied up, although the final matched result could be a small loss. If you plan several offers at once, add their unsettled stakes and liabilities. Do not use money needed for bills or try to recover a bad result by increasing stakes.

Record each stage

EntryWhy it matters
Qualifying bet and layShows the actual qualifying cost after settlement and commission.
Reward receivedConfirms whether the offer paid, and whether the free bet was stake returned.
Free bet and layShows the actual conversion after commission and rounding.
Final totalFree bet result minus qualifying loss, fees and any other costs.

If the reward does not arrive, do not record the estimate as profit. Check eligibility and the operator's terms. Keep a note of dates and reference numbers if you need to ask about it.

A settled example

Suppose your qualifying pair settles at a 58p loss and you receive a fictional £10 stake-not-returned free bet. You back the free bet at 5.0 and lay £7.72 at 5.2 with 2% exchange commission. The exchange holds £32.42 liability for that second pair. The free bet stake is not returned if it wins.

StageBack selection winsBack selection loses
Qualifying pair58p loss58p loss
Free bet pair£40 bookmaker winnings less £32.42 liability = £7.58£7.72 lay win less 2% commission = £7.57
Settled offer total£7.00 profit£6.99 profit

The totals can differ by a penny or two because you can only place stakes in pennies. The full practice offer shows every qualifying and free-bet outcome from starting balances of £20 and £50. A live offer may settle differently if its rules, odds or commission differ. Record the amounts shown in your accounts, then check that your tracker agrees with the combined balance change.

What to do

Try the Profit Tracker when you have a settled offer. Use the betting offers page for current opportunities. The number to watch is your own final result, not the value advertised in a promotion.

Check you have it

A matched pair needs a £10 back stake and £30 lay liability. How much is tied up before settlement?

Examples are fictional and for learning. Offer terms and prices change. 18+. Only stake what you can afford to lose.

Log Offer Result

Record your profit and expected value

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