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How to use Profit Accumulator Forum

PROFIT ACCUMULATOR FORUM

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This post sets out some pointers to find your way around Profit Accumulator’s forum. The forum is a discussion board for a wide range of matched betting topics. Using the forum is essential to help maximise the amount of money you can make matched betting.

You can find my full review of the service Profit Accumulator provides here. The main reason I chose Profit Accumulator was due its large membership. With more than 20,000 active members, the forum benefits from their experience and expertise. As a result, the forum is Profit Accumulator’s biggest selling point. No matter how simple or complicated the query is, you can always find an answer to any question you might have. It’s a place that provides much needed support when you start matched betting. And it’s packed full of advice on different techniques and strategies you can use as you become more advanced.

THE PROFIT ACCUMULATOR FORUM

The forum layout is very clear so it is easy to find relevant topics. Every single offer has its own dedicated discussion topic. These are grouped according to what type of offer it is, for example a signup or a reload offer. An archive section also lists all of the discussion topics for offers that have expired. This is helpful if you need to refer back to different offers, for example if you want to check the terms for a free bet. It’s also possible to read back through entire topics to check the types of questions that have been asked.

There are also wider sections where announcements are made, and offering general tips and advice. These might cover specialist subjects like how to avoid being gubbed and how to complete different types of matched betting offers. I also find it helpful to check whether offers sent to me via email are worth completing. As these are only available for limited numbers of people these types of offers aren’t always listed on Profit Accumulator. But if you post details of the offer on the forum, other members will advise whether it is likely to be profitable.

The topics update in real time and you will receive desktop notifications when you choose to ‘watch’ different threads. The forum is backed up by a strong team of support staff and moderators. They ensure that no query goes unanswered.

ACCESS DURING PROFIT ACCUMULATOR’S FREE TRIAL

When you sign up to Profit Accumulator’s free trial you will get access to the forum topics for both the offers included in the trial. Before completing either of those offers, I recommend reading both those discussion threads. This will give you a good idea about the types of questions people have had and the type of bets people placed.

I certainly found the answers to all the questions I had at first. Reading through the forum also gave me greater insight into how the offer worked. As I was still unsure exactly what I was doing at that point, this gave me the confidence to complete the first few offers.

PROFIT ACCUMULATOR FORUM THREADS

When you sign up to full membership (paying either monthly or annually) with Profit Accumulator you will get unlimited access to the forum. The forum will be an essential tool as you progress through the initial sign up offers.

But the real value comes when you move on to reload offers. As well as checking the list of offers Profit Accumulator has on their main site, I also check the forum daily. This sometimes highlights other offers which are invitation only, lists price boosts and helps me find the best matches between the bookmakers and exchanges.

I recommend you watch certain threads to help boost your matched betting income. When you watch a thread you will receive desktop notifications to alert you to a new message when you are online. Also, when you open up the forum you will see alerts to let you know what messages you have missed since you last logged in.

These are the threads that I watch and refer to most days:

  • How to make £1000 a month (or £300 a month if you can only do matched betting in the evenings and at weekends)
  • Price Boosts Thread
  • Price Boost Questions / Chat / Discussion Thread
  • ACCA Offers Discussion & Questions
  • Ongoing Football Reloads

You can also choose to unwatch different threads if you don’t want to follow them all the time. This is handy when you might only want to watch a thread for a limited time, for example to see if anyone finds a good match for a specific offer. In addition, I will also occasionally watch the extra places thread during popular horse racing events, like the Grand National, Cheltenham and Royal Ascot.

PUSHBULLET NOTIFICATIONS

It’s also possible to follow updates from the forum if you’re on the move. The Pushbullet app is available for all smartphones, and can be linked to the Profit Accumulator forum so that you never miss an update. This makes it easy to keep abreast of offers when you are out and about. It’s also ideal if you’re working but want to sneak in time for matched betting during a lunch break.

Hopefully this post gives you a good introduction about how to make the most of Profit Accumulator’s forum. To find out more about the services Profit Accumulator offers then take a look at my in depth review or take part in their free trial to see if matched betting might be for you.

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MONTHLY MATCHED BETTING DIARIES…11 MONTHS ON

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Regular readers will know I publish a monthly diary series setting out the amount of money I’ve made matched betting. The purpose is to show how easy it is to make this extra cash. I’ve now been matched betting for 11 months. When I started out, my initial aim was to make about £500 per month from matched betting. I’m pleased to report I met this target nearly three months early. Anything I’m making until the end of June 2017 is a bonus.

I wouldn’t have been able to make this money without the help of Profit Accumulator. The best way to describe them is as a matched betting support service. They tell me which offers are available every day, how much money I’m likely to make, and what bets I need to place. They hold my hand through the entire process which saves me the time and effort! And looking after two young children full-time means I don’t have much spare time. In fact, I’m lucky if I can spare an hour for matched betting every day. Yet I regularly manage to make about £500 per month.

MATCHED BETTING EARNINGS

MAY 2017 – £440.73

  • The total amount I made matched betting in May 2017 was £440.73

The latest update to my diary covers May 2017. I started out the month with a massive boost from a large win on a free bingo offer! This was great and meant that I could relax for the rest of the month. I had busy weekends planned with the family so was unable to spare any weekends to do matched betting. Meeting my new nephew and camping with the kids definitely needed to take priority! So I probably did matched betting a maximum of 3-4 hours per week this month.

This is the reason my income from other offers was lower than I’d normally expect. That said, I was disappointed not to hit the £500 mark because I could have done this if I hadn’t made some rookie mistakes. I forgot to lay a leg on an accumulator which cost me £30 and forgot to use £50 worth of free bets before they expired. As this post shows, mistakes can and do happen! Rather than dwell on them, it’s best just to move on to the next offer to start making money again.

With the football season drawing to a close this month, I also expect my matched betting earnings to decrease over the next three months. This is because most of the lucrative offers are attached to placing bets on football matches. I’ll be taking advantage by having a break from matched betting. However, I’ll still be looking to take advantage of any offers that are available. If I can £100 per month until the end of August 2017 I’ll be happy.

MATCHED BETTING EARNINGS TO DATE – £7156.76

So, in the 11 months I’ve now been doing matched betting I have made £7156.76. If you want to learn more about how and when I made this money take a look at my previous earnings reports:

WHICH MATCHED BETTING OFFERS DID I COMPLETE?

So how did I make that money? My experience shows that it’s possible to keep making money from matched betting long after completing all of the initial sign up offers. My guide to reload offers sets out the main type of offers that are available. Most of the money I make comes from checking the offers listed on Profit Accumulator’s website every day.

Here’s a breakdown of the different types of offers I got involved in this month:

BET X, AND GET A FREE BET: £60.58

  • These are the standard matched betting offers where you bet a certain amount and get a free bet.
  • This is lower than normal simply because most of these offers were available at the weekends. I was out and about with the family every weekend this month which meant it was impractical to place any bets.

CASINO OFFERS: £44.59

  • If you’ve not yet completed any casino offers, my introductory guide is worth a read.
  • Not all casino offers are risk-free. I tend to tackle the riskier offers when I’m confident of making my £500 monthly matched betting target. And I’ll only ever tend to risk a maximum of £25 at any time.
  • It’s helpful that Profit Accumulator crunch the numbers and offer advice about the amount of money you are likely to make and how to approach the offers.
  • You shouldn’t rely on casino offers for making money. However, I use them to top up my earnings and am prepared to get involved in the riskier offers if I’m having a good month. As my previous diary entries will show, I have on occasions ended up down as a result of participating in these offers.
  • My advice is to think carefully about the amount of money you are prepared to risk and have a go. But always follow Profit Accumulator’s advice and never ever be tempted to try and win back any money you lose by having another go!

PRICE BOOSTS: £63.14

  • I like completing price boosts because they are a quick way to make money instantly. The amount of money you can make from enhanced prices can seem very small (only a few pounds at a time, if you are lucky). But as it’s so quick to place the bets this is a very efficient way of making money. And the amount of money you can make adds up very quickly.

FOOTBALL REFUND OFFERS: £15.97

  • There are lots of different offers linked to the outcomes of different football games. This includes: when the team you back scores a goal; hitting the crossbar; and losing your bet in the last few minutes of a game.
  • There have been two very profitable offers recently where you can get extra earnings if your bet wins and there are more than 4 goals in the game, or where the team you back goes ahead by more than 2 goals.
  • To maximise the amount of money you can make from these offers, you need a large amount of money in your bank to place high value back and lay bets. I’ve been weary of doing this as my normal betting stakes are quite low. I don’t want to stand out to the bookmakers, who could then limit my accounts very quickly. However, I have been gradually upping my stakes to take advantage of these offers.
  • It’s important to find close matches between the back and lay odds to take full advantage of these offers. As I didn’t have too much time to spare for this, I didn’t take advantage of too many of these offers this month. I did get lucky with more than £50 of free bets from a couple of offers. However, I forgot to use these  because I was away camping. This the reason my earnings were lower than I’d normally expect.

HORSE REFUND OFFERS: £10.04

  • These are offers where you can get a free bet depending on the outcome of the race and the place where your horse finishes.
  • These are riskier offers in that there is no guarantee of a free bet, so you will suffer some qualifying losses.
  • I only placed a couple of these types of bets this month so was happy to make this money.

ACCUMULATOR OFFERS: £6.22

  • Accumulators can be a very lucrative form of additional income if you have enough time to place and track the bets. This guide tells you how you can make money from these offers.
  • Finding and placing these bets is very easy, thanks to the brilliant Acca Catcher tool Profit Accumulator have developed. However, I struggle to then keep track of multiple accas when I have other plans. As most accas will be live at the weekends, this makes it difficult for me to get involved in these offers too often. I wanted to attempt a few this month. This involved me needing to lay some legs off whilst I was out and about. However, I forgot to do this on one match and ended up down by around £30.
  • When the football season starts again in August, I’ll make sure I only place these types of bets when I know I’ll be available – and unlikely to be distracted!

BINGO OFFERS: £240.19

  • I rarely complete bingo offers. In fact, I have several introductory offers still to complete. While I’m a big fan of the occasional game of bingo, the computerised versions just don’t compare to having your dabber and desperately checking for your numbers.
  • That said, I’ll always do any free offers that come along. Although I’ve never had any luck. Until this month! Somehow, I just kept winning whilst wagering through a small bonus I had been given.
  • This was a brilliant boost for me and meant I didn’t really feel the need to attempt too many other matched betting offers this month. It’s also given me the impetus to make sure I complete the introductory bingo offers that are still available especially now it’s a quiet time for other matched betting activity.

IS MATCHED BETTING FOR YOU?

If reading my diaries has inspired you to start matched betting, read my guide explaining what matched betting is.

Then I’d recommend signing up for a free trial at Profit Accumulator. They walk you through the matched betting process step by step. With only a few hours spare each week to do matched betting, I find the service Profit Accumulator offers invaluable. They tell me which offers to complete and help me find the bets. This saves me hours searching for offers alone. Instead, my time is focused on making money! Read more about the service Profit Accumulator offers in my full review.

Profit Accumulator’s free trial allows you to make £35-£40 simply by trying a couple of the different introductory offers available. It’s the perfect way to see if matched betting is for you.

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MATCHED BETTING ACCUMULATOR OFFERS

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TOP UP YOUR EARNINGS WITH ACCUMULATOR OFFERS

Once you start matched betting, it won’t take long to find references to accumulators or, as they’re most commonly referred to, accas. And they can be quite alluring…a certain way to make around an extra £500 per month for many people who do matched betting!

Accumulators are an essential part of my matched betting earnings

This is an advanced matched betting technique. So I wouldn’t recommend starting these until you complete most of the introductory offers. And, even then, the biggest two pieces of advice I can give are to take it slowly and make sure you use the masses of training and tools Profit Accumulator has to help.

WHAT IS AN ACCUMULATOR?

Put simply, an accumulator is a type of bet where you bet on at least two different events. You might hear them referred to as a 4-fold or 5-fold bets as well. This simply refers to the number of different events you bet on. The odds for each event are multiplied together. You only win the bet if all of your selections win.

Accumulators can be placed on any type of sporting events but football accumulators tend to be the most lucrative for matched bettors.

A plus point in placing these types of bets is that love they will look very favourable on your bookmaker accounts. This will help you avoid any dreaded gubbings which prevent you taking advantage of future offers.

HOW CAN YOU MAKE MONEY FROM ACCUMULATORS?

Most bookmakers will offer a refund if only one leg from an accumulator loses. These offers are mainly associated with the major European football leagues. But there are also offers for other sporting events, such as tennis and american sports.

You can make a profit by choosing matches taking place at different times, and laying off each leg of the accumulator sequentially as it progresses. You make money in the hope that one leg will lose and you receive a free bet. There is of course no guarantee that there will only be one loser. This means accumulator offers can be more risky than most matched betting offers. If there are no losers or more than one loser, then you will lose your qualifying loss.

For the risk averse, you can choose to lock in a profit on each accumulator instead. In my experience, this will normally return between 10-20% of the value of the bet you place. So, although you don’t get the larger amounts from free bets, this mitigates any losses and you will always make money.

And more experienced matched bettors will often underlay some of the legs to up their overall profit. However, this is only for very experienced people and is very risky (you could end up losing more money with this approach).

THE MORE BETS YOU PLACE THE MORE MONEY YOU MAKE

The secret to making money from accumulators is volume…you can always have several accumulators running at the same time. So the money you make from them can add up very quickly.

Clearly, there won’t be only one loser every time you place an accumulator. The amount you can make from locking in profit also seems quite minimal (for example, £5 from a £25 qualifying bet). However, the secret to making money from accumulators is volume.

With so many matches and leagues available to bet on, and so many bookmakers offering refunds, you can always have several accumulators running at the same time. So the money you make from them adds up very quickly. Most experienced matched betters make a significant chunk of their monthly income this way.

PROFIT ACCUMULATOR TRAINING & SOFTWARE

It can be a little daunting and confusing when you first start completing accumulator offers. This is one of the many reasons I recommend joining a matched betting site like Profit Accumulator.

As with all the other offers listed on their site, Profit Accumulator has comprehensive training available about accumulators. In addition to a thorough video, there is a lot of written guidance and a dedicated section of the forum to discuss any queries you may have.

In addition, Profit Accumulator has industry-leading software to help you find these bets and makes all of the required calculations. This software – Acca Catcher – is included in both the monthly and annual membership packages for Profit Accumulator. It searches through thousands of different combinations of accumulators to show you which offer the best value. It sets out how much money you are likely to make using the different methods available and will also automatically calculate how much each lay bet needs to be. This software really does make very light work of finding and placing accumulator bets. This is particularly important since volume is key when it comes to making more serious amounts of money from these offers.

If you’re not a Profit Accumulator member, don’t worry! You can still get access to Acca Catcher for £15.99 per month. This is ideal for someone who searches for most matched betting offers themselves, but would benefit from the speed at which Acca Catcher finds matches for these more complicated types of bets.

HOW MUCH MONEY CAN I MAKE?

Accumulators are an essential part of my matched betting earnings, netting me about £100 per month. You can see the breakdown of my monthly matched betting earnings in my diary series.

If you want to earn around £500 per month from these types of bets alone then you will need some time to dedicate to this. The reason my earnings are lower is because I am not always available at the weekends to lay off different stages. And I find I am more likely to make mistakes – and lose money – if I try and do these types of bets while I’m out and about.

Those earning  around £500 per month will often place around 10-15 accumulator bets per week. In comparison, I’m lucky if I’m able to place about 10 accumulator bets every month! So, while I’d recommend you getting involved in these types of reload offers, you need to be aware you will need additional time to make and monitor all of these types of bets.

TOP TIPS

If you’re interested in placing accumulators to top up your matched betting income then here are my top tips to help you get started:

  • Do a few dummy runs first of all. As there is a break from the football season at the moment, this is the perfect time to try out a few mock accumulator bets. Acca Catcher will still find some suitable bets (although as they are obscure teams and leagues I wouldn’t recommend doing any accas at the moment). Check the progress of each stage and pretend to lay the bets off, updating the information as the acca progresses. This will give you a good idea about what is involved and the amount of money you might be able to make.
  • Take it slowly at first. Start with just one accumulator and build up your stakes slowly for each bookmaker you plan to use. For example, the maximum refund that William Hill offers is £50. However, if you suddenly start placing lots of £50 accumulators, this is likely to flag your account. So start by placing £20 bets, slowly building up to the higher amounts.
  • Make sure you have sufficient money in your betting exchange accounts to cover the lay bets you need to make. Acca Catcher will show you the liability required for each stage of the accumulator.

PITFALLS TO AVOID

Although I have made good amounts of profit from accumulators, I have also been stung. Avoid these common pitfalls:

  • Make sure you leave enough time between each leg of an accumulator to place your lay bets. I would avoid placing any bets where there is less than 2 hours between each game.
  • Make sure you are available to lay off each bet. When you’re out and about it is much more tricky trying to check the amounts and place each lay bet. I now avoid placing these bets if they involve me being away from the laptop or a reliable internet connection.
  • Remember to lay off each leg. This may sound obvious but this is one of the most common mistakes that I’ve made. I use the calendar on my phone to remind me to lay off each stage.
  • Be aware that the lay odds may drift. Most commonly, the lay odds will be lower than when you initially placed the accumulator. However, they can also drift the other way, which will hit your profit. While you can’t prevent this,
  • Try and avoid betting on too many favourite teams playing away from home as part of your accumulator. I’m no football expert but, from my experience, this is when they are more likely to lose.

SUMMARY

In conclusion, accumulators are a great way of topping up your matched betting income every month. It’s taken me a while to find my feet but, now that I have, they are a core part of my monthly earnings. I am limited by the fact I don’t have a lot of time to find and place these bets. However, now that I have built up my experience, I plan to be bolder and up my income by placing more of these types of bets as soon as the new football season starts.

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