We all know how much money it is possible to make matched betting, so why isn't everyone doing it?
The answer is usually one of three things.
- They don't know about it.
- They don't understand it.
- They think that it's too good to be true.
If you've been successful at matched betting then you'll know that it works but did you know that you can increase your profits even more by letting others know that it works and pointing them in the direction of some of the matched betting sites which help matched bettors make money?
Well you can and it could be that you actually make more money promoting matched betting sites than you do from matched betting.
Let's take a look at how this is possible.
matched betting affiliate programs
Anyone can earn money as a matched betting affiliate but first, let's take a look at what an affiliate is.
An affiliate is an individual, website, company or other who earns commission by referring customers to a service.
Affiliates can promote a wide range of products or services and it's not limited to matched betting. For example, you can earn commissions by encouraging people to make a purchase from Amazon or Ebay or by referring a customer to Tui who then goes on to book a holiday. As an affiliate, you're basically acting as a sales rep and working on a commission basis.
It's likely that you're already a member of a matched betting site and know how the site works and all of it's beneficial features. All you have to do as an affiliate is spread the word about these benefits and encourage people to sign up.
how does it work?
As mentioned, anyone can sign up as an affiliate. You simply have to enter your details to create an account which costs nothing. See below for links to some of the most popular matched betting affiliate programs.
When you register as an affiliate, you'll be given a unique tracking link. Anyone who clicks on your link will be directed to the matched betting site associated with the affiliate program. If they then become a paying member, you will earn a commission.
how much commission can you earn?
There's no cap on how much you can earn as a matched betting affiliate. The more members you refer, the more commission you will earn.
The amount of commission you receive for each new member you refer will depend on the affiliate program commission terms but it's generally in the region of 40% - 50%.
This means that you will earn around 50% of every membership fee each person you refer makes to the matched betting site.
Let's take a look at an example.
ProfitSquad pays affiliates 50% commission on all sales after the deduction of VAT.
- You refer 1 member to ProfitSquad
- That member signs up for a £18/m membership
You would receive 50% of all payments (after VAT) the referred member makes. Therefore, you would receive:
- £18 membership payment
- £18 - 17.5% = £15 (membership payment after VAT deduction)
- Your commission = 50% of £15 = £7.50
One thing that is good about being an affiliate for a matched betting site such as ProfitSquad is that you earn the above commission every month that the member renews.
For example, let's say that the above member stayed on a monthly subscription for 6 months. You would earn:
- 6 x £7.50 = £45
Not bad for referring one member!
However, what if you referred 100 members who all stayed for 6 months on a monthly membership?
You would earn:
- 100 x (6 x £7.50) = £4,500
- or £750 per month
You'd continue to earn £750 per month so long as the members you referred were still paying members.
Also, if at any point any of those members upgraded to an annual membership or other, you'd receive 50% commission of those payments.
how to refer members
The most challenging part of being an affiliate is referring members to the matched betting sites and encouraging them to sign up. However, there are a lot of channels for this, some of which we have listed below.
Your own website
Do you know a lot about matched betting? How about putting all of that knowledge onto a website?
There are thousands of searches every single day for matched betting related terms and if your content is good enough, people will find your site via search engines such as Google. You can also promote your website across social media, on forums or buy paid advertising.
Do you have a lot of followers on social media? If so, let them know about the matched betting site you are promoting and include your referral link in your posts so that when people click through to the site, they are tagged to your affiliate account and you'll receive commission if they join.
Even if you don't have a large following, social media can be an effective tool for marketing. You could start your own matched betting Facebook group, participate in other groups and post your link (if allowed) or attract a following on Twitter through your matched betting related posts.
YouTube is an extremely effective way of attracting an audience. It will help if you are comfortable in front of a camera but many YouTubers make considerable amounts of commission as affiliates.
You could record video guides for different offers or explain how various parts of matched betting work. After all, most people prefer to watch videos than read text.
Remember to include your affiliate link in descriptions and let people know it's there.
best matched betting affiliate programs
As mentioned, most matched betting affiliate programs offers between 40% - 50% commission. You want to promote a brand that you believe is good and that converts well. Below are three matched betting sites which convert well and where members tend to remain as members for a long time at, thus earning you more commission.
ProfitSquad pay affiliates 50% commission across all payments and members tend to be extremely loyal to the brand.
Owned by the same company as ProfitSquad, MatchedBets.com also offer affiliates 50% commission and are a great choice for beginners.
OddsMonkey are a favourite for many. Paying affiliates 50%, they are a good all round choice for matched bettors and affiliates.