Bonus Bagging: Which Matched Bettor Are You?

Deciding on which of the many matched betting sites is best for you can be a bit of a minefield. We have made it our business to review and rate the top MB sites for your perusal. To give you a little extra help, we’ve written the following article which should help you make an informed decision based on the type of matched bettor you are looking to be. Whether you want to go for the easy option of focusing on welcome offers or put in some extra effort to maximise profits, there is a matched betting service for you.

Only Interested In Signup Offers

The simplest form of matched betting is the completion of signup offers. Here you will be placing a qualifying bet with a bookmaker to release a free bet or bonus as part of the registration process. By laying the same selection with a betting exchange, you will incur a small qualifying loss, usually a few pence. But you will now have a free token to use which can be used to lock-in a real cash profit. If that went over your head, then you should check out the beginner help sheets which can be accessed via the ‘Articles’ link at the top of this page.

With so many bookies offering a multitude of incentives, there are plenty of new customer offers to take advantage of. If you’re new to matched betting and don’t have many bookmaker accounts, then this is a viable way of making a few hundred pounds in a relatively short space of time. As stated in our Bonus Bagging Review, a one-off payment of £27 that can easily return over £500 in profit within a month makes this a good option for those looking to make a quick buck and move on.

Looking For Sustainable Profits

Where Bonus Bagging falls down compared to other MB services, is the absence of reload offer instructions. Reloads are what allow matched bettors to make long-term profits, well after the signups have been exhausted. This can be in the form of loyalty bonuses or free bet clubs which reward your ongoing wagers. These can be used to lock-in real money profits in much the same way as welcome offers. There are also ‘advantage play’ opportunities whereby you can play an offer multiple times in the hope of hitting a refund. While this may sound futile, it is quite the opposite and can significantly boost your matched betting earnings.

The majority of MB sites look after this but some do a better job than others. Both Matched Bets and Oddsmonkey have daily offer calendars and are our first and second rated matched betting sites respectively. Each of these calendar features allow you to concentrate on offers on a day by day basis, giving a structured way of working through the various bookmaker promotions. You won’t be able to access the calendar offers with the OddsMonkey free trial though and you will need to become a Premier member to gain access. 

Advanced Matched Betting Tools

Odds matching software and a matched betting calculator are the prerequisite of any decent matched betting site. Oddsmonkey has more bookies in it’s oddsmatcher but many are not UK licensed and those looking for faster odds updates will prefer Matched Bets. It is also worth noting that both Profit Accumulator and Matched Bets have more calculator options, which cover a variety of offer scenarios.

For some matched bettors, completing a handful of signups and reloads is not enough and advanced tools are needed to help generate additional profits. The Profit Accumulator Match Catcher is a real asset for the timely completion of horse racing offers. For taking advantage of acca insurance you can use any of the Oddsmonkey Acca Finder, Matched Bets Acca Backer or Profit Accumulator Acca Catcher tools to boost your takings. Oddsmonkey also has an Each Way Matcher for exploiting extra place offers.


If you are only interested in signups then you may wish to consider Bonus Bagging and review your options once you have used up all of the available welcome offers. If you are looking for fast odds updates, multiple calculator options and a leading acca tool, then Matched Bets is a solid choice. If you place more importance on the quick completion of racing offers or extra place promotions, then take a look at Profit Accumulator or Oddsmonkey respectively. You can read up on all of these matched betting sites and their pricing structures via the ‘Reviews’ link at the top of this page.