If you've now completed some signup offers, you'll be looking to maximise the profits made during your matched betting journey.
A key to maximising profit is minimising the losses on the qualifying bets and maximising the profit from the free bets.
Luckily, as an OddsMonkey member, you have access to BetConnect. BetConnect helps our members take lower qualifying losses and make more profit from their free bets, thus maximising those profits. You can find out more about BetConnect here.
As a general rule, we would look to achieve a 95% rating on our qualifying bets, meaning 5% of your stake is lost. Taking lower matches will eat into the profit once the free bet is unlocked.
With free bets, we look to achieve 80% retention, meaning for every £10 of free bets we place, we are hoping to generate £8 of cash, however, this can often be increased when using Betconnect. By being selective and minimising the losses in qualfying bets, and extracting as much as possible from our free bets, we can maintain good profits.