This matched betting blog is going to cover the importance and ability to manage time and master a workflow so the profits that are made are done so in the most efficient way possible.
I have heard on too many occassions where matched bettors spend all day placing and laying bets only to complete the day with a few quid in thier pocket. I’m sorry but if this is the case you may as well get a job.
So in this matched betting blog post I would like to present to you my workflow for Matched Betting efficiency. I will outline the tools I use and order I complete offers to make the most use of my time.
As a general rule of thumb I tend to aim to spend no more than 2 hours per day matched betting and if I can average out about £20 I’m happy.
I hope by the end of this matched betting blog post you will be making more money in less time, so without further ado lets get started.
Matched Betting Blog Post For Mega (time efficient) Profits
Establish and track daily tasks
The first (and most important thing) I’d like to touch on in this matched betting blog post, is the importance of a pre-defined daily list.
It can be very easy to forget all the things you are meant to be doing in a day as a matched bettor. Thats why it is important to establish a defined task list with a start and end. If you don’t it becomes very easy to spend a whole day checking emails for offers, FB groups and bookie offers and not really achieve the kind of financial return you should be worth.
At the start of each day I use an iPhone app called Things 3 as the ‘control centre’ so to speak, so I know exactly what needs to be done.
Below is an example of what my current workflow looks like.
Every day at approximately 1pm I open up the Things app and start working through my daily tasks.
Matched Betting Blog Task One: Clear Free Bets
Clearly the most important thing to do when it comes to Matched Betting is processing your free bets! This is a great way to boost motivation for some of drudgery of the qualifying bets to come.
Whilst some people prefer spreadsheets I use the Oddsmonkey tool to track my qualifying bets. It’s great because you can log a bet directly from the Oddsmatcher and also manually add anything else that comes through, saves a bit of double handling.
To clear this, I will simply:
Open the respective bet
Work out whether the lay or back bet won from Coral or Smarkets
Settle bet as a lay win
Process free bet
Turning Free Bet Into Profit
Using the Oddsmonkey Oddsmatcher for your free bets makes it really easy and fast to process. Below I will outline just how I do that.
Open the Oddsmatcher
Filter Oddsmatcher results by bookmaker with the free bet, chosen exchange and I tend to have back odds at a minimum of 4 to keep profits high without to much liability
Choose selected market to place free bet
Once you have chosen your selected market place your back bet and lay bet and benefit from the profits. Rinse and repeat for any other outstanding free bets.
I hope this matched betting blog post has been useful for you and for reading the first instalment. Whilst this does seem like a lot of information once you get the hang of it these free bets can be processed in a snap!
In my next post I will outline the process with guaranteed free profit offers across some of the sites I use.