The way I’ve continued to make money online, as matched bettor, after I’ve depleted the bookie welcome offers is with something called reload offers. These are the bread and butter of any bettor in long term.
So, let’s start and explain what exactly a reload offer means and what you should expect from this kind of offers. So, take your time and let’s go through the following matched betting reload offers FAQs.
Again, keep in mind this is through the perspective of my own experience and before you go ahead please, ensure you’ve read the disclaimer.
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Table of Contents
a) Where Can You Find Reload Offers?
I’ve used mainly Profit Accumulator (now is called Outplayed), Profit Maximiser and Odds Monkey to search for reload offers and for day to day matched betting. However, I would highly recommend Odds Monkey, especially for their Facebook Group Community and that you get 0% commission on Smarkets (at least at the time I’ve reviewed this article).
Any of the above sites & their communities will list every available reload offer, so can be really profitable if you signup for it. Each offer will have instructions on how to complete it and what level of profit to expect – depending on the type of promotion.
b) What are Reload Offers?
When we talk about ‘reload offers’ we mean any form of promotion offered by a bookmaker or casino that is offered to an existing customers. The vast majority of offers and bonuses are open to all users, new or current customers.
It’s just that the sign-up offers are commonly referred as the ‘easiest’ way to build your bank because is the easiest and fastest way to earn money. However, as I’ve said it before, reloads are the bonuses which allow us to generate four-figure profits every single month. Keep in mind, these reload offers can come in many different forms.
In comparison, sign-ups are typically all exactly the same style: “If you deposit and bet X amount, you will receive a free bet worth Y amount.” Sometimes you may have to complete a rollover before you can withdraw any winnings, but the principle is the same.
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c) What is The Most Common Reload Offer?
The most common form of reload offer is a free bet, similar to sign-up offer: Get X by Betting Y. So, these offers are all about accumulating small amounts of profit on a regular basis. For this given example, let’s say BetFred awards you a £15 free bet each week if you bet £50.
You could get this £15 free bet whilst completing other offers anyway – and you’re likely to do so in some, or even most, fortnights. However, if you didn’t automatically get it, you could use back and lay method to gain a profit from this offer.
You can then back and lay your £15 free bet for around £10 profit each week. Initially, maybe this is not a lot, but put it in a year perspective, you can make easily £260. When you factor in the other bookmakers that regularly run ‘Bet £20, Get £20’ type offers, or even those running similar free bets, the profit can be multiplied substantial.
I can say that even the smallest reload offer can bring you profit in a long term, especially when most of bookmakers are offering these bonuses quite regularly just to keep their current customers happy.
d) How Much Can You Make from Reload Offers Matched Betting?
Again, is about the time you put in and how efficient you are. But, if you consistently complete most of the reload offers in a month, you’ll be able to make up a healthy income, 100s. Extrapolating, the hard work can can bring you thousands of tax free income over a year. It’s no secret, matched betting reload offers are incredibly profitable, when done correctly.
e) How Horse Racing Reload Offers Work in Matched Betting?
Horse racing is one of the sports for which bookmakers are giving reloads on a regular occurrence; they run on a daily basis with a large number of bookmakers. Is true that these promotions change fairly frequently, but in most cases they tend to fall under one of the following types of offer:
- Money back if second – This is a common offer and comes in around the big horse racing festivals. A free bet is given as a refund if your horse finishes in second place. The average max stake for these is around £25. The trick with this offer is to just back and lay a horse – preferably the favourite or second favourite – and hope it comes second. If you can get on at low qualifying losses, and stick to races with only a small number of runners in (10 or fewer is ideal), you’ll likely hit a refund of £25 for every £5-6 spent.
- Money Back if your horse doesn’t win – This is the most profitable offer there is. If you don’t win, you get your money back – is usually only found at events like the Cheltenham Festival.
- Money back if your horse finishes second to the favourite – Is similar to the offer we described in detail above, except it must finish second to the pre-race favourite. This trigger is more difficult to hit, so losses must be kept to a minimum.
- Beaten by a Length (BBL) – Basically, if your horse finishes second, and loses by less than a length, you will get a refund. This is a common occurrence on short races, such as 1 mile race.
- Free Bet if You Win at Odds of 5+ -This kind of bet can make you a profit if is used wise. By overlaying your selection, you can ensure that you lose no money if the horse does not win. If the horse does win, you will lose a fair amount, but you’ll have a free bet of greater value. Keep in mind that we are assuming you have a close match at odds as close to the required as possible.
- Fallers Insurance – Basically you need for the horse you’ve bet on to fall. Back and lay for very small qualifying losses and this will be profitable on any race over fences.
- Extra Places – Is one of the most advanced, but also most profitable horse racing offer. If a bookmaker is paying 5 places compared to the race typically paying 4, you can back and lay close matches on the win and ‘To Place’ markets on Betfair and if your horse comes 5th, you will win your back and your lay bets for a big payout.
f) Why Football Offers Are so Often Chosen?
Football offers are most often considered consistent generators of profit for matched bettors. The main reason behind this statement is that football is really good for “blending in” your matched bets with your mug bets. If you are going for the high-profile football matches for all of your bets, you’ll likely receive very few gubbings – if any.
As before, these football offers are falling under different categories, such as:
- When a trigger is occurring you get a free bet – For example, if a bookmaker is offering a refund up to £15 if the match ends in a draw, you can back and lay one of the teams to win for a small qualifying loss. You can then place a lay on the draw to cover your loss. So, if it’s not a draw, you won’t have lost anything, except the qualifying losses. If it is a draw, you’ll have lost some money on the exchange, but you’ll have a higher value free bet.
- Acca insurance – This is a process for intermediate matched bettors and above. Is known that all major bookmakers are offering acca insurance promotions and if are done properly, they can generate a healthy profit.
- Goal scorer refunds – These are also a “trigger” style offer, but goal scorer offers are fairly frequent and should be a nice addition to your reload offers portfolio. There are other offers, such as DDHH where you will be paid out at double, or treble odds if your player scorers two or three times.
g) Are Price Boost Offers Valuable Reload Offers?
Another popular promotion from bookmakers are price boosts offers. Means that sometimes an increase in the price of a certain market takes place because bookie’s aim is to increase the betting activity on that event. If the lay odds at a betting exchange are lower than the hiked back odds, you can make a profit instantly.
Price boosts are one of the simplest ways to turn a profit using matched betting (arbitrage betting is also, but are some other considerations to take into account). Aiming to make between £1 and £4 with each price boost is always profitable.
There are plenty of price boosts available in the market and, as always, the profit will rack up by taking advantage of this type of reload offer.
h) Where Casino’s Offers fit in? Are profitable?
The casino can offer really profitable reloads. However, quite often there is some variance on these, so if you are a beginner and have a small bankroll, at this stage, please avoid them. The casino offers come in different categories, such as:
- Free spins – is rarely when you win, but if you do, is a free risk earning.
- 100% refunds – For example, the bookmakers are trying to tempt you into using their casino product after you’ve already been betting on sports. Typically, with this reload, you will be able to opt-in to promotions like ‘£10 100% refund’ on the casino, meaning you can literally gamble £10 on slots and hope to win big. Once your balance decreases by £10, you leave and wait for the bookmaker to issue your refund.
- Deposit bonuses – These are usually higher risk and we’d advise that you have at least a four-figure bankroll to even attempt the smallest of deposit bonuses with wagering attached. You’re going to need a £4,000 – £5,000 bankroll to begin to attempt these at scale. These deposit bonuses will often be things like 100% or 200% deposit matches up to £200. However, this is a high risk method and we wouldn’t recommend it at least if you know what are you doing and you don’t really need that sum.