IMPORTANT: Profit Accumulator only accepts signups from UK residents. This post also contains affiliate links.
In this honest Profit Accumulator Review for 2020, I'm going to show you how I made between £400 and £700 a month TAX FREE as a work from home mum, doing an average of just 30-60 minutes work per day.
And if you're wondering, 'is Profit Accumulator's a scam?', I asked the same question. The good news is, it's not!
It's actually the biggest matched betting service in the UK and it's had over 100,000 people sign up to make money from their Premium service since they started in 2014. Some people make up to £2000 a month from matched betting and you can make up to around £40 just by doing their Free Trial.
Here's a summary of the platform, then we'll get into a full breakdown and review of matched betting and Profit Accumulator below:
WHAT IS PROFIT ACCUMULATOR?
Set up by an English graduate Sam Stoffel, (who has made a substantial income from matched betting for years), Profit Accumulator teaches you, step-by-step, exactly how to make money from matched betting.
You might find this video from Profit Accumulator an helpful mini introduction to matched betting and Profit Accumulator:
What is Matched Betting and how does it work?
The process is based on a proven mathematical formula and considered 100% risk-free.
The basic idea behind matched betting is pretty simple. You:
- Sign up to a bookmaker (Betfred, Ladbrokes, Betfair, Bet365, William Hill, 888sport etc) to earn your free bet
- Place the appropriate bets to cover all possible outcomes (win, loss, draw etc)
- Withdraw your profit and move on to the next offer.
It sounds easy and once you know how, it is.
When you're starting out though, matched betting can seem a little complex, especially if you're not familiar with it (I wasn't). Finding the best free bets and bonuses can also take up an awful lot of time.
And this is where Profit Accumulator comes in, since they:
- find all the free bets
- provide all the tools you need to carry out matched betting
- show you step-by-step how to make a profit from each bet via easy to follow videos/text instructions
Having everything you need, all in one place, including step by step instructions, essentially make the whole process an awful lot easier. It not only saves you a LOT of time, it can seriously help reduce any risk of human error.
DOES PROFIT ACCUMULATOR REALLY WORK?
Yes. My own personal experience of Profit Accumulator proves this.
I signed up for the Free Trial and upgraded to the Annual Premium Membership 2 days later. That's how much potential I saw from the platform. I've since made thousands of pounds and consistently made £500-£600 per month, with around only 30-40 minutes work a day.
If you're a beginner, you just need to take your time watching the initial training videos and you'll be placing bets within no time. And if you need any help, simply ask support or anyone in the forums and you'll get a response pretty quick.
Thousands of other people make regular money from matched betting - in fact, some people make up to £2000 a month and plenty make £1000 or more on a sustainable basis, every single month.
WHAT'S INSIDE THE PROFIT ACCUMULATOR PLATFORM?
Let's look in more detail at what you get inside the Profit Accumulator platform.
1 - The Matched Betting Offers
Once you've signed up to the Profit Accumulator Free Trial or full Platinum version, you get access to the matched betting offers, which are sorted into categories.
As a beginner, you start with the Signup Offers category.
This involves signing up online to bookmakers, such as Betfair or Coral and using their promotional offers to generate a profit. For example, a bookmaker may offer a £10 free bet to all new members. You take this bet and using the matched betting strategy, turn it into a profit.
These signup offers are really easy to do and also allow you to go at your own pace as you learn the basics of matched betting.
Don't underestimate these offers though - they are super profitable. I couldn't believe how quickly I started making money via the signup offers - about £100 within a few days.
One of the concerns people have with matched betting is that the potential to make money runs out once you've completed the Signup Offers. This isn't the case though.
Once you’ve completed the Signup Offers, you can then move onto the Reload Offers. These are additional free bets and offers, but this time issued by bookmakers to people who are already customers.
New Reload offers are loaded onto the Profit Accumulator platform every day, so these offers essentially never run out.
For example, I did a Reload football offer, during the World Cup, which took me around 15 minutes and made me around £40.
There are loads of reload offers you can complete on a daily or weekly basis, all year round, but you'll also find that offers tend to increase even more during big sporting events, such as Cheltenham Horse Racing.
As well as the Sports Offers, you can also have a go at the online Casino or Bingo Offers. These are much more down to luck but can still be super profitable.
I've won £100 from free slot machine spins on a number of occasions, as well as many wins ranging from £20 to £50. Cumulatively, these can really add up.
Not all the Casino, Bingo and Reload Offers are 100% risk free, but the risk level is always made crystal clear - so everything is under your complete control at all times.
2 - First Class Matched Betting Tools and Software
Profit Accumulator has really evolved since I first joined and it continually strives to add new featured and invest in it's customers. As a result, I think it's got some of the best matched betting software available.
From matched betting calculators to oddsmatching software, they also offer tools which help you stay organised, such as the handy Profit Tracker.
The tools all help make matched betting less time-consuming and easier to do - whatever your level of experience. And if you start taking matched betting seriously, there are additional tools for the more experienced matched bettor, such as the:
- Acca Catcher (for football acca refunds)
- Dutching Calculator
- Each Way Matcher
You don't need to worry about these though if you're just starting out!
3 - Friendly and Professional Support
When I first started matched betting I didn't have a clue! I asked support some really basic questions at first, but never felt nervous or stupid doing so.
Matched betting is a completely new thing to many of Profit Accumulator's members and they really get that.
They offer a dedicated customer support team, which provides 7 day-a-week telephone support. You can also get support direct via email or via the online ticket support portal.
4 - Friendly and Active Matched Betting Forums
You can ask questions in the forums.
The forums at Profit Accumulator are really active and packed with people who are extremely knowledgeable about matched betting. The forums are also really friendly. I was a bit worried it might be really male centric and that I wouldn't feel that comfortable asking questions. This was not the case AT all. There are loads of mums and women inside the WA community and everyone is made to feel welcome.
The forums are also really well managed by a team of administrators, who are matched betting experts and can help you out, anytime, whatever your level of experience.
People also post extra offers inside the forums, as well as invaluable tips and advice that can help you make extra money.
You can also choose to follow specific threads, where you'll be guided through how to make, for example, £500 or £1000 a month, from matched betting.
How Much Does Profit Accumulator Cost?
The Free Trial is exactly what it says - 100% free. You don't need to provide your CC details to sign up for the trial and you can earn up to £45 by doing a couple of free offers.
It also gives you a free opportunity to see the quality of the training and decide it you want to join up the Premium Service.
This is currently £17.99 a month, or £150 a year. If you have the budget, the annual package works out significantly cheaper. I signed up to the annual package and made the money back within a few days. Personally, I think it's pretty amazing value.
How Much Money Do I Need To Start Matched Betting?
To start matched betting, you'll need at least £50 of your own cash to use upfront for the initial bets (you get this back of course + profit).
£100 + is easier to get going with, but people have certainly done it on £50 - things will just be a bit slower at the start, whilst you wait for bets to settle and money to be credited back to your account.
Remember, you don’t lose this initial money that you start with, it’s simply cash you need upfront to start making bets. It’s a bit like a kitty really, except, (unlike the pub!), you get all the money back (plus more!).
Is There ‘REALLY’ No Risk With Matched Betting?
Not with matched betting itself, no.
If you follow the step by step instructions on Profit Accumulator, you can’t lose, as matched betting leaves nothing to chance.
It’s a proven system using a mathematical formula.
Keep it mind, however, there is always the risk of human error.
So whilst the process of matched betting is risk free and based on a proven formula, you do need to follow the steps in Profit Accumulator properly.
Bear in mind as well, the reason bookies give out free bets and bonuses to customers is to get punters to spend more money.
So always stick to the free bets or 'risk free' offers, or you could be entering the real world of gambling. This is obviously NOT risk free and not something I would advocate to anyone.
Profit Accumulator Frequently Asked Questions
Still got some questions?
Here are some commonly asked questions about Profit Accumulator and matched betting in general, which will hopefully answer any further questions you might have.
Is Matched Betting Legitimate?
Yes. Matched betting has been featured over the years, as a legitimate way to make extra income online by:
Is Profit Accumulator A Con?
Hopefully, I've answered this one! But it is a really common question. There are a lot of cons and scams online, (which say they'll make you money quickly but generally don't), so people often get suspicious of new money making opportunities.
But matched betting is one of those rare things that actually works. And done right, it really can absolutely make you serious extra money.
Do you need Profit Accumulator to do matched betting? It comes down to personal choice really.
You can absolutely do matched betting without signing up to Profit Accumulator, but remember that researching matched betting strategies, software tools and all the offers on your own is very time consuming. And although matched betting itself is risk free, it can feel 'risky' as a beginner, because you're using real money and using strategies your not used to.
I'd personally never have taken the plunge into matched betting and made thousands of pounds of extra cash without signing up to the Profit Accumulator platform. It made me feel confident enough to try it (and I'm so glad I did).
Is Matched Betting Gambling or Illegal?
Matched betting is not gambling. 'Normal' gambling is very much based on chance, whereas matched betting is based on a proven, mathematical formula and considered risk-free..
It's also a legal process, recognised by the gambling industry.
And as long as you don't try and overwork or manipulate the system, bookies don't really have an issue with matched betting, since ultimately they still don’t lose out.
Is Matched Betting Easy?
I knew absolutely nothing about matched betting when I started. In fact, I didn't even know it was a thing! Maths is also not generally my strongest point...
Yet I started making money within an hour of joining the Profit Accumulator Free Trial. If you follow the matched betting strategies correctly and take your time, it's possible for anyone to make money with matched betting.
Can Anyone Do Matched Betting?
Yes, if you're over 18. And it's not just males and avid sports fans that do it either.
There's a huge thread on Mumsnet about matched betting, as well as on the Save The Student website/
Whether you're a working professional, a student, a Mum or retired, there's almost certainly someone just like you inside the Profit Accumulator platform, making money.
Do I Need A Dedicated Bank Account To Do Matched Betting?
You don't need to set up a dedicated bank account for matched betting.
Some people use their existing current account to deposit and withdraw into their bookmaker and exchange accounts. However, after the Free Trial, I decided to set up and use a dedicated bank account. Many others prefer to do this too.
It's much easier to keep track of your earnings in a dedicated account, plus it helps avoid dipping into your profits and spending them.
should I Build Up My Profits?
To get the most out of matched betting, Profit Accumulator recommend building up a reserve kitty from your profits (for example, £1000). As you become more experienced in matched betting, you'll find the bets you make likely get larger, so you'll need more money readily available to make these bets.
Winnings can also sometimes take a few days to get credited back into your bank account (using Skrill makes things quicker), so it's a good idea to have a kitty of usable money available, so you don't have to wait too long in-between bets for money to become available.
How Much Money Can I Make From Matched Betting?
That's entirely down to you. But whilst a specific level of earnings is never guaranteed, I consistently made hundreds of pound a month for about 30 minutes of my time per day. Which is a pretty darn good return on investment if you ask me!
You'll find many people inside the Profit Accumulator platform making much more than that too.
Many people regularly make £1000 a month, others up to £2000. You don't have to aim that high though - even £150 a month on a £17.99 fee is a pretty good return for a few minutes of your time.
Don't worry too much about this as a beginner. But if you decide to do matched betting long term, you'll need to start looking like a regular punter. This means making a number of consistent, 'normal' bets. I.e. not just the free, offer based bets.
If you only do free, or offer based bets, a bookmaker will likely ban you from their site at some point. To be honest, this is fair enough. This is all covered inside the Profit Accumulator training though.
Profit Accumulator Review: The verdict
Matched betting is a legitimate way to make extra, tax free income in the UK.
If you're new to matched betting, or simply want to make the process quicker and easier, Profit Accumulator is without doubt worth a look.
It's a professional, friendly and easy to use matched betting site that has helped me (a mum who knew zilch about matched betting!), make thousands of pounds extra cash in a pretty short space of time.
If you know nothing about sports or betting, don't worry, because it really doesn't matter.
Profit Accumulator offers all the tools, training and offers you'll need, all in one place, saving you time and providing you with everything you'll need to make money online with matched betting, as a beginner (or otherwise).
If you want to make some extra money online in your spare time, I thoroughly recommend you give Profit Accumulator a go...
Disclaimer: Whilst matched betting is a legitimate & legal way to make money, which uses strategies considered risk free, anyone who decides to try matched betting and Profit Accumulator does so at their own discretion.