🧠 What is Team Profit? Full Review & Beginner’s Guide to Matched Betting in the UK
- Author
- May 19
- 3 min read
Updated: Jun 8
What Is Team Profit?
Team Profit is a free UK-based matched betting website designed to help you make money online using bookmaker promotions. It teaches you how to profit from risk-free betting by covering all outcomes of a sports event — so you win no matter what.
Matched betting might sound complicated at first, but with Team Profit, it becomes surprisingly simple, even if you’ve never placed a bet in your life.
Is Matched Betting Gambling?
That’s one of the most common questions — and the answer is: not really.
Matched betting uses bookmaker sites, but you’re not gambling in the traditional sense. You’re not taking a chance or guessing who’ll win — you’re covering every possible outcome using a “back” and a “lay” bet. Done correctly, it’s a mathematically risk-free strategy.
You don’t need to love sports or even understand them. The goal is to use free bet offers and convert them into real cash.
Why Use Team Profit?
There are other matched betting sites out there, but Team Profit is perfect for beginners because:
🆓 It’s completely free to use
📚 They offer step-by-step guides with screenshots
💬 You can get 1-to-1 help via email or Facebook
📋 They list all current bookmaker offers you can use
🧮 They explain how to use tools like betting calculators
There’s no pressure to pay for anything. You can start, learn, and earn without ever upgrading to anything premium (although they do recommend OddsMonkey later for those who want more).
How It Works (Step-by-Step)
Here’s a quick overview of how matched betting works using Team Profit:
Step 1: Sign Up to a Bookmaker
Team Profit shows you which bookies offer free bets for new customers (like “Bet £10, Get £30”). You follow their link and register.
Step 2: Place a Qualifying Bet
To unlock the free bet, you usually need to place a qualifying bet first. For example, you might bet £10 on Team A to win.
Step 3: Place a Lay Bet
At the same time, you place a lay bet on a betting exchange (like Betfair or Smarkets), betting against the same outcome. This way, whether Team A wins or loses, you’re covered — you don’t lose money, you just unlock your free bet.
Step 4: Use the Free Bet to Make a Profit
Now comes the fun part: you use the free bet to do the same thing (a back and a lay bet), and this time, you keep the profit — usually £15–£25 per offer.
Do that with a few bookies, and you could easily make £200–£300 in your first month.
How Much Can You Make?
💷 Newbies can typically make £200–£300 in the first few weeks just from signup offers
📆 After that, regular monthly profits of £50–£200 are possible using reload offers
🧠 The more time and effort you put in, the more you can make — but even casual users can benefit
Everything is tax-free in the UK, as it’s classed under gambling winnings.
Is It Safe and Legal?
Yes, absolutely.
Matched betting is 100% legal in the UK. You’re not doing anything shady — just taking advantage of marketing offers from bookmakers.
Team Profit itself is a legitimate, trusted platform that’s been around for years and helped thousands of users earn from home. They don’t ask for payment or sell your data — they make money via referral commissions from the bookies and exchanges, not from you.
Team Profit vs. OddsMonkey
Team Profit is a great free tool for learning the ropes. Once you’ve completed all the beginner offers, they recommend moving to a premium tool like OddsMonkey, which gives you access to more advanced offers, automated tools, and daily reloads.
But you don’t have to — many people stick with Team Profit and still earn regularly.
Real User Thoughts
I’ve used Team Profit myself and can genuinely say it’s one of the most beginner-friendly websites out there. When I started matched betting, I had no idea what a lay bet even was — but their guides broke it down perfectly.
What I love most is that you’re never left stuck. If you’re unsure about anything, they’ll explain it or help you through it personally.

Final Thoughts: Should You Try Team Profit?
If you’re in the UK and want to make money online from home — especially if you’ve never tried matched betting before — Team Profit is the ideal place to start.
✅ It’s free
✅ It’s beginner-friendly
✅ It’s risk-free when done properly
✅ It’s a proven way to earn extra money
You can do it in your spare time, from your laptop or phone, and start seeing profits within days. If you’re fed up with slow survey sites or gimmicks, give matched betting a try — it might surprise you.
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