- Short-Term Earning Potential
- Training Quality
- Long-Term Earning Potential
Team Profit are a 100% free learning resource that shows you how to make money by cashing out the bookmakers’ free bets.
No gambling is involved.
No prior betting experience is required.
Team Profit are one of the most popular free matched betting learning resources – with more than 11,000 members in their Facebook group.
Team Profit are my #1 solution for anyone who wants to learn matched betting for free.
- 100% free.
- Make up to £1,000 from the initial offers.
- Earn £300+ each month.
- Excellent training and resources.
- Huge community.
- Limited software.
- Mostly UK only.
Matched betting is one of the most popular and effective ways to make money online in the UK.
I started my matched betting journey in 2012 and I’m still banking regular profits using this low-risk strategy today.
Initially, however, I had to rely on free strategy guides and forums to help me figure everything out.
This led to some very costly mistakes quite early on.
A Disaster Waiting to Happen?
Some of these mistakes were the product of my own stupidity.
But others were the direct consequence of following poor advice.
This has made me very wary of following free advice on betting forums and Facebook groups – even today.
And I’ve already discussed the potential pitfalls of learning matched betting for free in-depth.
So, in this Team Profit review, I’ll be taking a closer look to see if Team Profit are one of the best ways to learn matched betting for free.
Or if you’re being set up for disaster.
What is Team Profit?
Team Profit is a 100% free learning resource that teaches you how to make money from matched betting.
Their core website can be found here.
But they also have a free Facebook group that consists of more than 11,000 members (at the time of writing).
On their homepage, Team Profit state that they aim to help at least 7,500 people make £2.5 million from matched betting in 2018.
Even if you’ve never placed a bet in your life.
Here’s what Team Profit is all about in their own words:
Video source: Team Profit.
Who Runs Team Profit?
Team Profit was founded in 2016 by Jon Robertson.
And in light of the enormous growth experienced in the last few years, Team Profit has recruited a number of experienced matched bettors to help out.
At the moment, their front-end staff consists of Chris, Dan, Tom and Buschra.
All of whom can be reached via the Facebook page.
What Does Team Profit Offer?
If you go to their main site, you’ll find the following resources:
1: Start Here Page
This page introduces you to the concept of matched betting, how much money you can expect to make, and what you’ll need to get started.
2: Video Guides
Here you’ll find videos that show you how to do matched betting.
This simplifies the matched betting learning process.
You can also find more videos on Team Profit’s YouTube channel:
3: Welcome Offers
This page explains how to turn £10 into £800, £25 into £1,000, or £100 into £1,000 (faster version) by cashing out the bookmakers’ ‘welcome offers’.
This is the key to building up your bankroll quickly from scratch.
4: Reload Guides
The ‘Reload Guides’ section shows you how to make between £300 and £1,000 each month by cashing out the bookmakers’ ongoing offers.
Make sure that you’ve built up your bankroll to between £500 and £1,000 by cashing out the welcome offers before attempting any of these advanced offers.
The blog area provides timely information on cashing out the bookmakers’ ongoing offers – as well as other useful matched betting tips and tricks.
Use this for identifying the high-value daily offers quickly.
The ‘matched betting calculator’ is what you’ll be using to size your Betfair Exchange bets perfectly.
This will remove the risk and help you extract a guaranteed profit from the free bets.
7: Link to the Facebook Group
On multiple pages, you’ll find a link to the Team Profit Facebook group.
This is where the action is – you can interact with other members and get advice.
How Do You Make Money With Team Profit?
You’ll be using the tried and tested process of matched betting to convert the online bookmakers’ free bets into real cash that you can keep.
This is not the same as gambling.
Because you’ll be using the Betfair Exchange to cover you when your bookmaker bets lose.
This removes the element of chance completely when betting to claim the bookmakers’ free bets.
And by sizing your lay bets perfectly using the ‘matched betting calculator’ – you’ll make an equal profit from the free bet itself.
By applying this fundamental two-phase process to each of the offers listed on the ‘Welcome Offers’ page – you could make up to £1,000.
Once you’re ready to tackle the ‘Reload Guides’ – you’ll see how a few adjustments to the basic matched betting process can bring in between £300 and £1,000 each month thereafter.
Does it Work?
The matched betting process is 100% mathematically sound.
And I’ve personally made thousands of £’s over the years cashing out the bookmakers’ free bets.
Matched betting in its current form has been around since the advent of the Betfair Exchange in the early 2000’s.
However, matched betting really started to become popular in 2010.
Initially due to coverage by newspapers like The Guardian.
And later when Profit Accumulator was launched by Sam Stoffel in 2014.
What Are the Risks?
Matched betting is ‘risk-free’ on paper.
But in reality, money can most certainly be lost if you make a mistake.
As a newbie, it’s quite easy to end up placing the wrong combination of back and lay bets if you’re not 100% confident in what you’re doing.
This happened to me a few times when I first started.
Also, if you’re only just learning the ropes – you’ll need to be very careful as to who you listen to.
Like I said earlier, I’ve gotten myself into trouble on more than one occasion by following someone’s well-meaning – but painfully inaccurate – advice.
And I see that such issues are still prevalent on free – and even paid – matched betting blogs and forums today.
For example, this person has advised that the misplaced lay bet be scratched using the ‘Cash Out’ feature:
What they didn’t immediately mention, however, is that this technique will cancel out all exchange bets on that market.
This will leave your bookmaker bets exposed if you have other lay bets in place on the same market.
Which could cost you money if you have to re-lay them and the lay odds have drifted out.
How Can the Risks be Minimised?
To be fair, the training materials and guides on the Team Profit website are of very good quality.
Which means that you’ll be well positioned to avoid many of the common matched betting newbie mistakes from day one.
And from the posts that I’ve read on the Team Profit Facebook group – most of the folks giving advice seem to know what they’re talking about.
Team Profit has also introduced a Live Chat feature to help you fix issues quickly.
How Does Team Profit Make Money?
OddsMonkey is a premium matched betting platform that provides advanced matched betting training and tools.
Team Profit is affiliated with OddsMonkey.
This means that every time someone signs up to OddsMonkey via one of Team Profit’s links – they’ll earn a commission.
Team Profit also states that they make money each time someone joins up to an affiliated betting exchange.
Or if you purchase any of their Team Profit merchandise:
- A free way to learn how to legitimately make money online;
- Make up to £1,000 via the ‘Welcome Offers’;
- Earn upwards of £300 each month from the ‘Reload Offers’;
- High-quality videos and training guides;
- Interact with +11,000 matched bettors on the Facebook group;
- Get support via email and Live Chat.
- Possibly a lack of 1-to-1 support due to the sheer number of members;
- Matched betting doesn’t work very well if you live outside the UK or Ireland.
- Limited tools and software.
Team Profit Review Conclusion: A Great Way to Learn Matched Betting for Free
So, do I think that Team Profit is an overly risky way to learn how to do matched betting?
Incorrect advice is always going to be a potential banana skin when asking a forum for help.
Whether it be from a free or paid resource.
But Team Profit has some of the best free matched betting training guides, videos and resources that I’ve ever seen.
In fact, I’ve reviewed some paid matched betting services that struggle to compete with what Team Profit are offering.
So, I wouldn’t say that you’re setting yourself up for disaster any more than if you were to join a premium matched betting service.
In conclusion, if you’re looking to make money online in the UK or Ireland – I’d say that Team Profit is a great place to begin your matched betting journey.