4 Proven Betting Systems That Work in 2024

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 Proven Betting Systems That Work

I remember when I first started searching for a proven betting system googling the term “betting systems.”

There was all sorts of progressive staking systems, martingale systems, stop at a winner systems, progressive laying systems. The fact was though that none of these betting systems held up to any long term analysis and would normally blow your bank if you followed them for long enough.

But after researching a bit longer, testing out hundreds of betting systems and strategies. I actually found a few betting systems that did actually work and started to make consistent money from sports betting.

Proven Betting Results

 

In this article let’s go over four betting systems that can actually make you a long term profit..

Which continue to be profitable in the year 2024!

 

Proven Betting System 1 – Arbitrage Betting

Sports Arbitrage betting is something that I still use on the occasion as part of my portfolio

Arbitrage betting involves covering every outcome of an event. In order to guarantee a profit no matter the outcome.

Here is an example of a number of arbitrage bets found using the software Oddsmonkey.

Besiktas Arbitrage Bet

 

For example if we take one of the arbitrage bets above.

There is a 2.36% arbitrage bet between Antalyspor and Besiktas in the Turkish cup.

We can can back Antalyspor at odds of 2.6 with both Unibet and BetMGM. There is a lay bet available at the betting exchange Smarkets at odds of 2.54 (I lay bet means we act as a bookmaker and lay someone else bet.)

For every £100 risked across both outcomes a profit of £2.36 could be guaranteed.

Arbitrage Bet example

Although this may seem like a small amount, you can use larger stakes to make a bigger profit. Also there are multiple arbitrage opportunities every day and these small tax free profits can soon add up.

It is a simple betting system that once you understand fully, can be used again and again.

Negatives of arbitrage betting?

3 Proven Betting Systems That Work

 

The only issue with arbitrage betting is that it has a limited life cycle.

Bookmakers will eventually limit arbitrage bettors accounts once they see that they are not going to be profitable customers.

Arbitrage betting is a great way to build up a betting or trading bankroll. Before you move on to betting or trading with exchanges and Asian bookmakers.

Check Out The Utimate Guide To Arbitrage Betting For More Information On Sports Arbitrage

 

Proven Betting System 2 – Value Betting

Value betting is similar to arbitrage betting as it involves exploiting the soft bookmakers.

A value bet involves looking for odds that are out of line with the sharp Asian Bookmakers or betting exchanges.

Given that the odds at sharp bookmakers and betting exchanges are quite efficient in big markets. The betting exchanges and sharp Asian bookmakers often offer close to the true odds of an event.

Sometimes when there is odds movement on these events soft bookmakers will be slow to move their odds.

Consistently betting on odds above the Asian bookmakers and betting exchanges has proven to be extremely profitable.

3 Proven Betting Systems That Work

Image courtesy of Trademate Sports.

The advantage that value betting has over arbitrage betting is that you generate a much higher turnover and use lower stakes which may make your accounts last longer then conventional arbitrage betting.

A lot of bookmakers will also offer value accumulators often on a weekly basis as part of odds boosts or special promotions.

Negatives of value betting?

Again the only downside to consistently taking value bets is that soft bookmakers will eventually see that you are able to make money from them and will limit or close your account.

However if you plan to make money from sports betting. Getting banned from soft bookmakers is going to happen whichever way you choose to make money from them.

Click Here To Read The Utimate Guide To Value Betting For More Information On Value Betting

 

Proven Betting System 3 – Matched Betting

The popularity of matched betting has exploded in the last few years and with good reason.

Matched betting is probably one the best and easiest ways to generate a good second income online. Another massive advantage of matched betting is that profits are tax free.

This betting system involves taking advantage of bookmaker offers to guarantee a profit much like arbitrage betting.

The big advantage that matched betting has over arbitrage is that is a lot less obvious and harder for bookmaker’s employed traders to spot. Regular sports bettors will also be using free bets which means that as a matched bettor you don’t look massively different from everyone else.

I have covered matched betting in a lot more detail in this article below. It is an ideal starting point for anyone that is looking to start making money from sports betting.

3 Proven Betting Systems That Work

Negatives of matched betting?

There isn’t many downsides to matched betting. Bookmakers will stop giving you promotions eventually. But as discussed before this is what happens when you become a profitable sports bettor.

So there you have 3 proven betting systems that are currently working in 2024. Which should also prove be profitable in the long term.

Each of these betting systems involve exploiting soft bookmakers.

This is really the best way to start making money from the sports betting markets and allows you to build up a nice trading bankroll or good second income.

Proven Betting System 4 – Betting On Team News

One proven betting strategy that you might not know is reacting quickly to team news.

Odds can rapidly change on the basis of team news.

If you have a good knowledge of the teams that are playing, then you will often be able to secure yourself a value bet.

Here is a good example of how odds can change when a teams lineup is announced.

In this example I have highlighted the point at which team news was announced.

This was a Europa League between Arsenal and Standard Liege.

Arsenal announced a weaker side then expected, from this news the odds on Arsenal drifted quite significantly before the game started.

If you were familiar with the teams and reacted to the information you would have been able to secure yourself a value bet on Standard Liege.

Due to the fact that Arsenal’s odds were drifting so the odds on the draw and Standard Liege would have to shorten.

This is a really effective strategy and if you have access to betting exchanges you can secure yourself a profit before the game even starts.

Here is a video which explain this strategy in more detail.

The Sports Betting Strategies That Made Over 150K Profit

As mentioned throughout this article, there are proven sports betting strategies that make money over the long term. The best approach that I have found is to use the simple low risk strategies first and as your bankroll/confidence increases.

Then you can scale up to use more advanced strategies.

  1. Matched Betting
  2. Arbitrage
  3. Value Betting
  4. Casino Offers

Are the key betting systems to get started with. Oddsmonkey is a service that covers all of these methods with guides and provides software to help you pinpoint the best opportunities.

Click Here Now To Start Your Free Trial

Oddsmonkey Profits

Best Matched Betting Services In 2022 – Comparing The Top 3 Services

Matched betting is a great way to earn some extra money. More and more people have discovered this in recent years. If you really want to make the most out all the matched betting opportunities out there then you will have probably looked at a matched betting service.

Due to this surge in popularity there are more and more matched betting services competing for customers. Competition is good for us as matched bettors as it means we get better services and they have to offer us more value for our money.

Best Matched Betting Service

What is the best matched betting service in 2020? – Profit Maximiser

Lets take a look at one of the first and most popular matched betting services.

comparing matched betting services

Profit Maximiser was the first service that really showed you how to exploit every opportunity available. I had known about matched betting previously but after joining Profit Maximiser I realised there was a whole lot more money to be made.

What Does Profit Maximiser Offer?

  • Step by step guide to matched betting and exploiting casino bonuses
  • How to make money from bingo bonuses
  • How to take advantage of spread betting offers
  • Making money from reload offers
  • Private members Facebook group
  • Access to private member area
  • Matched betting calculators
  • Matched Betting Spreadsheets
  • Betfair Renegade (Betfair Value Betting Software)

 

My Experience With Profit Maximiser

Like I said previously Profit Maximiser really opened my eyes to all of the betting opportunities out there.

I found the service to be very professionally run. There are videos of the offers and walk through guides in the private members area. Help is on offer through email support if you have any questions.

Exploiting casino offers is the area that Profit Maximiser really excels in. Mike Cruickshank is really ahead of the curve when it comes to making money from casino bonuses.

Another aspect of Profit Maximiser that I really enjoyed was the Facebook group. It was really active with a lot of experienced matched bettors and useful advice being shared. Quite a few members of Profit Maximiser have gone on to make large sums from matched betting.

Best Matched Betting Service
Some members have achieved some big profits.

The whole service is very well put together. Furthermore the man behind Profit Maximiser Mike Cruickshank deserves a lot of credit. This service really was a big part in the growth of matched betting which has really exploded in popularity.

Profit Maximiser – Pros And Cons

Cons

  • No monthly subscription.
  • Initial Cost is £116 pounds for a years subscription.
  • Multiple up sells for other products (Each way Sniper, Accumulator Generator)

Pros

  • The original matched betting service
  • Strong and active community
  • Continuously developing the product (addition of value betting tool.)
  • Good value for your money

What is the best matched betting service? – Oddsmonkey

Best Matched Betting Service

Oddsmonkey began life as a odds matching service and software provider for matched betting services.

A few years ago after seeing the rise of matched betting services they created their own. The ethos of the Oddsmonkey service seemed to be to emulate a service like Profit Maximiser but also add as much value as possible at a reasonable price.

What Do Oddsmonkey Offer?

  • Matched Betting Tutorial
  • New Customer Sign Up Offers
  • Bingo and Casino Offers
  • Oddsmatcher software (Odds matching software for arbitrage and matched betting)
  • Racing Matcher (Software that highlights odds matches for racing offers)
  • Dutch Search
  • Each Way Matcher (Software that highlights each way arbitrage bets)
  • Matched Betting Calculators
  • Spreadsheets
  • Matched Betting Forum
  • Acca Matcher (software that highlights profitable accumulator bets using bookmaker promotions)

My Experience With Oddsmonkey

After my Profit Maximiser subscription ended I joined a few different services to see what they offered. Eventually I settled on Oddsmonkey as I found that it was the service that by far offered the most value for my money.

The service is excellent with a clean interface that is easy to navigate. For £17.99 a month they really packed a tonne of useful software into the service. I mentioned a con of the Profit Maximiser service was receiving multiple up sells to other products. For example there is the Each Way Sniper (around £47 plus VAT) and Accumulator Generator (£148.99 plus VAT).

Best Matched Betting Service
Each Way Matcher shows you how to make risk free profits from horse racing.

Oddsmonkey includes services similar to Each Way Sniper and Accumulator Generator with its £17.99 pound a month service. So as much as I like Profit Maximiser ,I believe that Oddsmonkey offered me much value for my money in terms of matched betting.

Another point that I liked about the service was that I wasn’t tied in to a long term subscription. If I was going away for three weeks and wasn’t going to use the service much I could cancel. When I was going to make full use of the service I could then sign up again. The subscription options offer great flexibility.

Oddsmonkey – Pros And Cons

Cons

  • Community not as active as other matched betting services

Pros

  • Most value for your money
  • Everything included with your subscription (no up sells)
  • Excellent Support
  • Service suits all levels of matched bettors (beginners to advanced)

What is the best matched betting service? – Profit Accumulator/Profit Ninja’s

Profit Maximiser and Oddsmonkey are the two services that I have used the most. However there are a lot of matched betting software providers looking to offer their services.

Profit Accumulator is one of the big three services. This is not a service that I have used but from talking to members of the service it is very similar to Profit Maximiser. Profit Accumulator have done a great job of marketing matched betting to the public.

Here is a great review of Profit Accumulator

They boast to my knowledge the biggest matched betting community around 20.000 plus members. Subscription cost either £22.99 month or £150 for the year.

(Update (2018) Profit Accumulator now match Oddsmonkey subscription qt £17.99 a month or £150 a year.)

Best Matched Betting Service

Another service that I used for a few months was profit ninja’s. Profit Ninja’s is one of the lesser known services but they offer quite a good product. On top of a general matched betting product with odds matching software they also provide a few Betfair trading strategies.

They offer subscriptions for £10 a month or an annual fee of £100 with odds matching software. 

Best Matched Betting Service

 

Comparing Matched Betting Services

 Profit MaximiserOddsmonkeyProfit AccumulatorProfit Ninja’s

Monthly Fee

n/a£17.99£17.99£10
Annual Fee

£116.00

£150.00

£150.00

£100

Free Trialn/aYesYes

Yes

Refund Guarantee

30 days30 days30 days

n/a

 

 

 

 

 

Matched Betting Tools    

Accumulator Matcher

Additional £148.99Included in subscriptionIncluded in subscriptionn/a

Eachway Matcher

Additional £47.00

Included in subscription

Included in subscription

n/a

Odds matching SoftwareAdditional £98.97Included in subscriptionIncluded in subscription

Included in subscription

     
Support Features    

Member Forum

YesYesYesYes
EmailYesYesYes

Yes

What is the Matched Betting Service? – Conclusion

You can probably guess from this article which service I am going to recommend.

For matched betting Oddsmonkey is the service that I currently use and it continues to be the stand out matched betting service for me.

On top of it being such an excellent service. You trial Oddsmonkey yourself for 30 days. If you don’t get enough value for your money you can get a refund.

It’s a no brainer for me if your looking to make money from matched betting go with Oddsmonkey.

Best Matched Betting Service

 

Sports Arbitrage For A Living – Interview

Over my years of betting and trading I have come into contact with a lot of different people that make money betting and trading.

Sports Arbitrage For A Living
Arbitrage bettors tend to have many identities.

One person that I have learnt quite a lot from is my friend Matt who has been doing sports arbitrage for a living now for the last five years.

Sports Arbitrage For A Living

An Interview with a full time arber

SST: First of all thanks for doing this interview Matt. My first question is how did you get started with sports arbitrage?

Matt: Well I had been messing around with betting for a few years pretty unsuccessfully. I came across the concept of sports arbitrage in 2008.

I started off very small and made maybe £30 in the first month but saw that it worked and gradually built it up.

SST: Were you doing matched betting to start with or straight arbitrage?

Matt: I started off with straight arbitrage between Pinnacle and Bwin and then started doing some matched betting or bonus scalping as people were calling it then.

SST: Has the landscape of sports arbitrage changed much since you first started?

Matt:Yes it is always changing. Bookmakers tolerated it more at first. I don’t think there were too many people doing.

The landscape is always changing with new laws and regulations coming in. I think that is why there is skill in becoming a good arbitrage bettor. You always have to adapt.

Full Time Arbitrage

SST: When and why did you decide to go full time with sports arbitrage betting?

Matt: In 2010 my total profits from arbitrage betting were more then my yearly wage. I had made around £40k which was more then my yearly salary.

I weighed up the risk and reward. I realised I could make more money from arbitrage. I didn’t have a great job so there was no issue leaving it.

SST: How have you managed to make a living from sports arbitrage the last five years when bookmakers limit accounts?

Matt: Its not been easy but I have learnt a few trends that bookmakers have. Some hate you taking arbs on horse racing but you can get away with other types of arbitrage for a long time.

Then you have exchanges, I live in the UK so there is also shop arbing. I have done a lot of the casino bonus stuff in the last few years also. There are lots of ways to make money from the bookies if you are creative.

I also have a deal with a few friends and family members where I act as an advisor of sorts and manage their accounts. I pay them 10% of the profits that I make each month and its a good deal for everyone.

SST: I understand. If someone wanted to get into sports arbitrage what would your advise be.

Matt: Everyone seems to be matched betting these days I would start with that.

Start small and don’t put all your money in one bookmaker. Use trusted bookmakers that have been around for a while. As there are quite a few shady ones that operate and will steal your money.

SST: Which bookmakers do you suggest using?

Matt: Use all the ones from oddschecker.com they are all pretty good. Avoid ones that just arrived on the scene as many don’t last such as Bet666.

Start off with the major bookmakers Bet365 and William Hill for example.

SST: Any other advice?

Matt: Don’t worry about account limitation people get hung up on this. You will get accounts limited but new reputable bookmakers start up and then a whole new money stream opens up again.

If you really work at it its a great way to earn a very nice second income. If you really make the most of it then it can become a full time occupation.

SST: Cheers Matt thanks for you time.

 

If you want to start profiting from sports betting, arbitrage and trading. I recommend this service which is currently contributing the biggest profit in my 50k in a year challenge.