Is binary options similar to sports betting Answered here!

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The Best Matched Betting Sites 2020 – Our Top Picks Reviewed

What is the best matched betting site?

We’re looking to settle that debate once and for all, with this comprehensive and in-depth matched betting site comparison.

We’re fairly confident that it will be one of the most in-depth comparisons on this subject that you’ll find anywhere on the internet in 2020.

Read on to find out what we think of the best free matched betting sites and the best paid ones too.

Website Rating Sign-Up Link
Oddsmonkey 5 Stars Oddsmonkey free trial
Profit Accumulator 5 Stars Profit Accumulator free trial
Profit Maximiser 4.6 Stars Profit Maximiser £1 trial
Profit Squad 3.6 Stars Profit Squad £1 trial
Matched Bets 3.5 Stars Matched Bets £1 trial

There are many other sites out there that are looking to try to break into our lists, but in our opinion there aren’t any other sites that worth mentioning at this time.

This is typically due to a lack of unique products or features when compared with the sites listed in this post.

We firmly believe these sites are the best matched betting sites of 2020 but please leave a suggestion in the comments if you think you know of a better alternative.

We will take a look at every site mentioned although we can’t guarantee we will publish your comment as we get a lot of self-promotion – that’s just the nature of this competitive industry unfortunately!

Read on for our more detailed thoughts on each of the sites in our list.

Please note, these reviews and ratings are the opinion of Beating Betting and should not be taken as fact.

Best Paid Matched Betting Sites

We’ve split this post up into two clear sections for you.

Firstly, we start with the best paid matched betting sites.

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These are the sites where you have to pay a small monthly subscription, but profit levels are typically way higher for users than those on the free sites.

Oddsmonkey

Oddsmonkey is our number one recommendation; we believe they offer exceptional value-for-money and an all-round top service.

We’d say they’re undoubtedly one of the best matched betting sites for beginners thanks to their incredibly simple tutorial guides and videos.

They also have a huge range of tools which are incredibly useful for helping you make money, but it’s not just that reason alone that makes this site our favourite.

From making the most of football matches, accumulators, horse refunds, games of tennis and more, they seem to have a tool for everything – and we believe more additions are in the works too, so watch out for those!

It takes most people just one completed offer (approximately five minutes work) to make back their £17.99 subscription fee – which includes all of their tools and forum access.

There’s absolutely no add-on costs with the site, and their service is truly phenomenal. This is why we believe they’re the best.

We awarded Oddsmonkey 5 stars out of 5.

Profit Accumulator

Profit Accumulator are undoubtedly the biggest competitor for Oddsmonkey when it comes to taking advantage of sports offers.

We believe that Oddsmonkey still edge it when it comes to our preferences for betting, but their popularity and demand do make it hard to ignore the appeal that they have.

The two giants of the industry have a similar range and standard of tools, and both cover similar offers.

For this reason, putting our own preferences and biases to one side, we could not split the two. This means we have given both companies a 5-star review; our only perfectly rated ‘no-risk’ betting sites.

We awarded Profit Accumulator 5 stars out of 5.

Profit Maximiser

Whilst this wasn’t the original service in the market, this was the product that really took no-risk betting into the spotlight.

With great offers posted every day, Profit Maximiser is a definite contender for the crown of ‘best matched betting site’.

Whilst we believe the choices above are stronger for your regular sporting offer needs, we would give Profit Maximiser (PM) a big edge when it comes to making profits on casino offers.

If you think you’d prefer to spend your time making money on higher-risk (but also potentially lucrative) slot offers then PM is an obvious choice for you.

We’re subscribed to both sites, in order to ensure we have healthy income streams coming from both bookmakers and casinos.

The PM forums are ran through Facebook, so if you prefer to use the social networking site to stay on top of offers and discuss strategies then it’s a really good choice for you.

You can trial them for £1 for a fortnight, or purchase the product outright for a year’s access for £99 + VAT.

The downside to PM is that the site looks a bit messy and even a bit like a scam – it most definitely is not!

You’ll need their other product Bonus Bagging – if you’re brand new to all of this – before moving onto PM.

If your priority is making money – rather than just a fancy-looking website – then Profit Maximiser is for you.

They do have a range of other products to further enhance your profit-making capabilities from a variety of different sources, although these will cost you extra.

We awarded Profit Maximiser 4.6 stars out of 5.

Profit Squad

Profit Squad is a £15-per-month option.

The site is very clean and they have a handy bet tracking feature which means you won’t need a spreadsheet to track your bets – it’s all automated, calculating your profits and monitoring your open bets.

‘Dutching’ is extremely popular on Profit Squad, which is an alternative to our preferred method of backing and laying.

They have downloadable dutching calculators which allow you to profit on any offer – even if free bets aren’t available.

This strategy is really unique to their site so if you’re looking to do something a bit different then this is what we’d recommend. We can’t reveal too much about their dutching – it’s their main USP and therefore has to be kept top secret!

The company have also started to spread much further into high-risk casino, much like PM, so this is an alternative option for those looking to get acquainted with higher risk offers.

If you sign up to Profit Squad today through this link then you’ll be able to get full access to their site for 14 days, for just £1.

We awarded Profit Squad 3.6 stars out of 5.

MatchedBets

MatchedBets aims to provide its customers with a personalised service at a fair price, and is primarily aimed at beginners.

At £15-per-month, or £119, it is the cheapest paid option in this list.

Every offer has clear, concise tutorials with plenty of video walkthroughs to guide you through the various types of offers.

We really like one aspect of the site which is great for beginners: they offer one-to-one help via live chat which is available between 8am and 8.30pm, something we’ve not seen competitors offering.

The forum is also slightly unique when compared to other paid matched betting sites; it is open to anyone that wants to join. This means you can get a feel for the community straight away and also discuss your first offers with other people who are just starting out too.

Premium users then get full access to the rest of the forum to talk about offers that are kept secret for paying customers.

The developers have designed their tools that work equally as good on mobile as they do on desktop and they have some features which are sure to be appreciated by anyone who spends a fair amount of time doing this.

Both the odds matcher and integrated calculator update the odds and liquidity on exchanges in real time with alerts that allow you to apply the change with just one click. It’s a feature that can save a lot of time and frustration over the course of a week.

The calculator has nine pre-set options to calculate balanced profits for different types of offers, such as allowing for bonuses paid in cash or free bets.

Bet tracking software is integrated into the calculator which means you can log your bets and update profits with a few clicks as you complete each offer – you don’t need to maintain your own spreadsheet because it’s all done for you.

Matched Bets isn’t limited to betting offers, it also features casino and bingo offers, concentrating on risk free bonuses and loopholes with the best profit potential.

This site and Profit Squad are the same company, and we believe if the two combined they would be a much stronger force, rather than users needing to join both to get a complete range of information.

We award MatchedBets a Beating Betting rating of 3.5 out of 5.

Best Free Matched Betting Sites

We do not recommend the use of free matched betting sites due to increased risk of being gubbed and the significantly lower profits that are realistically achievable.

Because thousands of people will be jumping on exactly the same bets as you, your account will be more likely to be grouped with the other bonus hunters fairly easily by sports traders at the bookies.

When using free matched betting sites, our readers found their average profit to be just £300 a month.

With paid sites (and the tools they offer) this average rises to over £1,000 a month.

This is a £700-per-month difference in profit for a minimal investment in a paid site subscription.

For anyone that doesn’t have a brain for maths, this is an annual difference of a whopping £8,120 profit (when using Oddsmonkey on a monthly subscription).

This is because of the products and tools that paid services can offer.

However, whilst we recommend paid sites for exclusive offers, better tools and ultimately significantly higher monthly profits, we’ve still rounded up the best free matched betting sites below:

Matched Betting Blog

The Matched Betting Blog is one of the busiest free matched betting sites out there at the moment.

They are very effective at posting daily reload offers and teaching the very basics to beginners – much like we try to achieve here on Beating Betting.

We would recommend this site to those looking to spend less than one hour a week matched betting, or for those that aren’t interested in making the jump to the bigger money.

They do tend to jump on every single low-risk offer that is available to the public each day. This can lead to restrictions being placed on your betting accounts.

Remember: It’s dangerous to your account health to constantly exploit offers without ever giving value back to the bookie.

You should give value back as much as you can through mug betting.

The site are now actually promoting Oddsmonkey on their site too.

The site owner, Matt, has been in touch with us to inform us that he is now recommending paid matched betting services “to encourage those who feel ready to maximise their profits through more advanced methods.”

As far as free matched betting sites go, we’d say this option is great, especially considering it is a one man operation.

If we were just looking at free sites here, they would probably be rated 5 stars.

However, we have to compare to the paid options and the level of profit that can be achieved with those sites.

With all of this in mind, we awarded the Matched Betting Blog 2.5 stars out of 5.

Money Saving Expert Forum

We don’t want to repeat ourselves too much, but for mostly the same reasons as above, we don’t recommend Money Saving Expert for prospective matched bettors.

If you’re really wanting to seriously make money online then these free sites just will not cut the mustard.

This is for the reasons of account health and long-term profits.

The tools are just not available on any free site to fully optimise your income and efficiency.

If you are comfortable making £100-200 profit every month then this option is fine for you.

We awarded the Money Saving Expert matched betting forum 1.5 stars out of 5.

Team Profit

Team Profit are arguably the biggest free matched betting service and community and are very popular with the crowd of people that don’t want to invest in a premium service.

Interestingly, they are another service that recommends Oddsmonkey for those wanting to move from the smaller profits that free guides can offer and move onto the larger profits and higher efficiency that paid services allow for.

They are a good choice for those of you looking to start with as little as just £30.

However, for all of the reasons already outlined, we do believe that a premium service is essential for those looking to make as much profit as they can and in the most efficient way, too.

We rate Team Profit 3 stars out of 5, making it the highest rated free service on this list.

Conclusion

Our favourite site in this industry on the sports side of things is Oddsmonkey (sign up here for a free trial).

Our favourite site for casino offers is Profit Maximiser (available through this link).

We don’t advise using free matched betting sites for two main reasons:

You don’t get access to the tools that help you make the real money.

All information is entirely public, meaning every bet or offer will likely be placed by tens of thousands of other people at a minimum on exactly the same odds match.

It won’t take long for your accounts to get shut down when you’re completing exactly the same offers as thousands of others – at exactly the same time too.

Best Binary Options Signals Review: Is it Scam?

Best Binary Options Signals Review: Is it Scam?

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Last Updated: Sep 1, 2020 @ 11:44 am

Well, when folks bump into this binary options service hosted on this domain, Best-binary-options-signals.com, the first question which they ask is whether it’s a legitimate signal provider or not.

We will answer that question in this review as we analyze the various aspects of this service. But first, it’s important to know that this signal provider is offering free signals and at the same time offering a premium plan which is to be paid for at the end of every 30 days.

Their free signal service is basically meant to lure in traders to subscribe to their paid signal service which the website says has more value than the free service.

So, is Best Binary Options Signals worth signing up for? Can you increase your efficiency in trading Binary options by simply following and implementing their signals.?

Best Binary Options Signals Review

Now that it is quite obvious that Best Binary Options Signals is a signal provider, we should go into details right away to let you know how it is like to use their signal service.

Let’s start with the free signal service. It’s meant for people who want to try out their service for free. But you generally have to wait longer in order for signals to show up. Besides, the website claims that free signals are not as accurate as paid ones.

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So, is there a possibility that the free signals are randomly generated while paid ones are carefully selected by expert market analysts? We are being tempted to think that Best Binary Options Signals is basically displaying random signals on their site, and it works in mysterious ways. Here’s how it often goes:

A traders comes to the website and tries to follow at least 5 signals. If the signals win most trades by chance, this trader will be prompted to sign up for the premium signals plan which costs £55 per month.

When they sign up for the premium signals service, they will be getting into a contract that is renewed on a monthly basis. If the trader forgets or fails to cancel their membership (in the event that they want to opt out), a month’s fee will be charged for that particular month anyway.

Generally, the free plan is a time waster because it keeps you waiting for a long time before new signals can show up. We believe that this can be a hectic way of trading Binary Options especially if you’re used to automated trading robots that save you from unnecessary screen time.

What is the average win rate and is it consistent?

The website is very open with their average win rate. They say that their win rate is 63.04%. In November 9th 2020 for instance, they said that they sent out 138 forecasts and that out of these, 81 signals made money while the rest, 51 lost money.

This win rate is not the best you can have in the industry right now. With cutting edge trading robots on sale today, there is no way you should find this service desirable because that win rate is just above the break even mark.

If it was consistent, it would take you a long time to make a significant amount of money. In addition to this, you cannot put what you cannot afford to lose at stake. If you did this, you’d be raising your risk profile for huge, quick profits. That would backfire on your account because we are talking of signals that hit the green, 63% of the time.

Generally, we would not advice readers to sign up with Best Binary Options Signals because of the low win rate.

How many signals can you receive per day?

Their free signals service is a little bit restrictive. There are only 5 trade-able assets to work with. But on the other hand, their paid service issues signals across a broad spectrum of assets. This can be up to 15 different trading assets.

This should not be a problem for you if you’re not into fast paced trading which often leads to over-trading and ultimately account blow.

But if you’re the kind of person who is always looking to jump into the next trade, you might find the free plan quite restrictive because one has to wait for a count down timer for a signal to come along. To remove this count down timer, Best Binary Options Signals is asking traders to upgrade to their premium plan which will then unlock over 100 plus signals per day.

What we think about Best Binary Options Signals website in general

When you go through this website, the first thing you will see are signals waiting to show up or signals that have already been traded.

In other words, this website also shows us history of their signals. However, there is no performance record to show how their past signals performed.

We are not sure if Best Binary Options Signals is trading these signals or just sending them to users after analyzing the market. We do believe that professional market analysts are traders themselves. This means that before they can even think of sending the signals, they should be thinking of entering a trade based on a specific entry point which have figured out on the chart.

One might think that we are asking too much when we say that Best Binary Options Signals does not have trade history.

We are not. If these people are real expert traders, they should keep a clean record of whatever they have been doing for the past one month or so.

Nevertheless, we can also see that this question is being camouflaged by the fact that they are offering free signals for your testing. That means you should test their free service on a demo account and if you’re pleased, you can upgrade. The question is, what is so difficult about providing daily trade records that can be verified? Isn’t this the ultimate test of transparency that every signal provider should embrace in order to convince traders that their signals work?

Before we forget, Best Binary Options Signals is also offering a trial plan for £15. This expires after 2 days and is non-refundable in case you fail to take advantage of the signals.

Best Binary Options Signals states in their fine print that if you subscribe on a weekend for the trial plan, this will not be counted, and yet money shall be deducted with no refund later on. We feel that this is a little bit unprofessional.

Best Binary Options Signals confesses that their signals are meant for illustrative purposes only

If you read the fine print at the footer of the site, you will see a notice saying that information on this site is meant for education purposes only. Again, this service needs you to have some knowledge on how to trade Binary options. If you have never traded before or are not proficient in analyzing charts, it is not for you.

In other words, Best Binary Options Signals is just looking to provide clues on how entry and exits which will cost you £55.

Our best advice for you

If you already know how to trade, we don’t see the need to sign up because you know where to enter and exit your trades when the right patterns form. If you don’t know how to trade, then we suggest that you pick a trading software/signal service here.

Why trading binary options and gambling are quite different things

Binary options attract more and more attention, because it is a great way of earning considering the simplicity of their usage in the buying process. Only imagine next situation: deal with expire time from 30 seconds and up to several months, approximately may make a profit of about 80% of the total cost of the option. This was the real reason for the rapid growth of interest in this type of trading in the financial market.

Is trading binary options gambling or it is completely different things? In order to really answer this question intelligently, at first, remind yourself what is gambling.

The goal of each and every gambling is targeted at inciting excitement in player. For example, the well-known card game “Poker”, which is all considered gambling. But does it really evoke strong emotions in people? In fact, an ardent gambler, she’s probably really excited, but, for example, for the dealer is nothing more than a job. Hardly professional croupiers will argue that he is actually a gambler. In any case it is a link that is definitely allotted role in this game and not much more. In other words, the perception of the game. It’s like in a hockey game that for fans this is a real game, and for players work.

Therefore, given the above induced opinion and taking into account he binary options market, where people perceive the Forex trading, as a game, therefore, likely to experience the passion. Therefore, it is logical to assume that his position will be similar to any gambling. At the same time, the person who objectively looks at things, has a real understanding of what is happening and to adequately assess their capabilities, never will be related to binary options trading as gambling. The essence of the perception, not in the lesson, and what people will do in a given situation.

Brewing logical question: why the gambler is not a bit of work on binary options? And it’s all quite simple:

• the player originally will be allocated to the trading process as a game — hence the action often will be ill-considered and frivolous;

• more than likely, these people will not learn anything, relying on fart and perceiving the learning process is a waste of time;

• high embernet the occurrence of excessive expectations, often will be associated with a profit in the first seconds.

BINARY OPTIONS AND GAMBLING

Very often you can hear that the options trading looks like the well known game “Roulette”, wherefore winning is impossible. First and foremost, to win here, obviously, the truth will fail, however, to start earning in a very real way. additives important here is the approach to this activity and its human perception. These two things resemble one another due to the fact that roulette as well as in options trading, you can make bets at random, or to calculate all possible combinations to remember past results and calculate the probability of an event.

A similar result in trading binary options — someone will come for the freebies, the result is playing will deposit lose, and someone will start to earn real money by earnestly studying, examining the experience of other successful traders, analyzing the trends and the situation of market, knowingly invented and use technical and fundamental analysis. Trader also needs to be armed for victory.

Anyone who seriously trades binary options never call it a game, because he would not a priori to experience the excitement. In fact, top traders, to achieve real success in this field, will always look at binary options trading soberly. After all, they really understand that the thrill of destruction. Hence, the person who wants does not want to play, but seriously to make money trading in the financial market, he must learn to take seriously, not to be confused with the conventional gambling. After all, the one who wants to, he will always find a 100% similarity in all this, mixing the result of trade and game, when in fact it is quite the different classes.

Little advice for everyone: if you have a feeling of unhealthy excitement during the trading process (similar to gamblers), then right immediately quit with it, because it is well known that emotions still haven’t helped to reach the desired results nobody.

Sadly, but truly – it is not suitable for everyone to trade on the financial market. But anyone with a desire can test himself and check luck, while not risking his own money.

All of this is real by opening IQ option demo account. This broker, as a trusted choice top traders, holds a leading position in the ranking binary broker and offers impeccable service with really great trading conditions. Check it by clicking the button below.

“General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.”

Best Binary Options Brokers 2020:
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