How To Open A Betting Account Online
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So you want to know how to supercharge your profits and start matched betting with multiple accounts?
Great – You’ve come to the right place! I have been successfully matched betting under THREE different accounts for just under 5 years at this point.
Whilst matched betting with multiple accounts (aka gnoming) isn’t difficult. You MUST follow the below strategies in order to do it successfully.
What Is Multi-Accounting/Gnoming
‘Multi-Accounting’ as it’s referred to means having more than one account with the same bookmaker.
I personally have THREE accounts with EVERY bookmaker. One under my name, and two accounts under different family members names.
Benefits Of Matched Betting With Multiple Accounts
The main benefit is being able to attack the same offer, multiple times over.
An offer worth £10 to someone with one account, is worth £30 to me as I’m able to do it on THREE different accounts.
As you’ve probably guessed, this makes it far easier to earn considerable amounts of money through Matched Betting.
The signup offers alone on Profit Accumulator are worth around £1-2000, and I’ve been able to do them three times over! As well as the long term benefit of being able to do the same reload offer multiple times.
The second benefit is that if you are unfortunate enough to have one of our accounts restricted, you still have the use of that bookmaker through one or more of your other accounts.
Check out my Mug Betting Guide which is full of tips on how to keep your accounts open, long term.
The Risks Of Matched Betting With Multiple Accounts
As you can imagine Multi-Accounting does come with risk.
I would NOT recommend Multi-Accounting if you are new to Matched Betting or until you have completed most of the signup offers.
Multi-Accounting is a clear violation of a bookmaker’s terms and conditions and If you don’t have the documents and criteria I set out in this article in place, then you are at risk of having your accounts closed, and any money in them potentially withheld.
How To Matched Bet With Multiple Accounts
Firstly you’ll need the permission of someone you know to let you Matched Bet under their name. This can be anyone, a relative or a friend.. as long as it’s someone you trust!
Nothing between your account and this new account should be connected in any way – You need to look like two entirely different people.
So in order for your account and the new account to be unconnected you MUST fit each of the below criteria:
- Separate Postal Addresses
- Separate Bank Accounts
- Separate IP Addresses
Address
Some Bookies are what is known as ‘Partner Friendly’, meaning that you and your significant other can sign up to the same bookie under the same address and both take advantage of their offers – But not many bookies allow this.
So the person whose name you’ll be Matched Betting under (a family member for example) will need to have a different postal address to yours.
Bank Account
You will need to get this person to set up a new bank account under their name, but which you have control over, and have possession of the Debit Card.
Essentially this will be your bank account as you’ll be the only person with access to it, making all the deposits and withdrawals, (it just won’t be in your name).
Even when setting up a bank account online be prepared for the fact that they may request for you to come in and show them ID.
I set accounts up for my two family members online very quickly and easily. In one case they asked for the account holder to come into the bank to show ID. They then posted the debit card out within a few days.
For the other account they didn’t ask for this and they simply posted the debit card within a few days.
IP Address
If you were to log onto each of your accounts with the same Wi-Fi connection, then the bookie will see that those accounts are logging on under the same IP Address.
This will flag to them that these accounts are being operated by the same person, and your accounts will be shut down.
The way to get around this is by using a VPN. Using a VPN is an inexpensive and safe way of changing your IP Address.
You will also need to create a new email for each new account – But this is obviously very quick and easy to do
Verifying Your New Bookie Accounts
If a bookie requests that you verify your account (and they definitely will at some point), you will need:
- A scanned copy of their ID. (Passport/driving licence).
- A copy of a utility bill or bank statement to verify their address (typically no more than 3 months old). Since you have a bank account under their name, just use a bank statement.
- Scanned copies of the Debit card used to deposit (you should have ownership of the Debit Card anyway, so that isn’t a problem)
Failure to not meet all of the above criteria will eventually result in your account(s) being shut down.
Look.. No-one said this was gonna be easy! But the payoff is worth it.
The hardest part of this entire process is being able to convince a friend or a family member to let you do all this (family members work better in my experience).
So, now you’ve convinced someone to let you matched bet under their name, you’ve opened a new bank account, and you’re ready to go. What next?
Changing Your IP Address
As I stated earlier when you matched bet under your new second account, this will have to be under a different IP address.
There are a couple of ways you can change your IP address which we will discuss below. I’ve done both – they both work completely fine and which method you choose will be down to whichever best suits your needs.
Purchase a Monthly/PAYG WiFi dongle
When I first started multi accounting I bought a pay monthly dongle from EE (A dongle has it’s own IP Address).
So whenever I did offers on my account I used my home wifi as normal. When I did offers on my second account – I switched to using the wifi dongle.
The Wifi/dongle method works completely fine but I switched from this method to a VPN because:
- It’s cheaper
- I eventually opened a third matched betting account and it wouldn’t be practical (or cheap) to have 2 dongles!
This now brings us to the second method used to change your IP address, and the one that I currently use:
VPN/Virtual Private Network
There are a lot of VPN providers out there but the VPN that I use for Matched Betting is called Private Internet Access (PIA).
How To Open A Betting Account Online
It’s a paid service although it’s not very expensive – $40 per year. I’ve been using it since 2015 and I’ve never had an issue with it, so I highly recommend it.
There are many other VPN for matched betting out there, which includes FREE VPN providers – However I don’t have any experience with anything other than PIA, so am unable to comment on those.
Creating And Using Multiple Bookie Accounts
Now you’ve got a second matched betting account it’s time to start all over again and go back to the beginning of the Profit Accumulator offers.
How To Open A Betting Account online, free
Step 1
BEFORE you open up the bookies website – Make sure that your VPN is switched on, or you are now using your wifi dongle.
Step 2
Once your VPN is switched on you can then go to the bookmakers website and signup/log in under your new account details and begin matched betting.
The rest is self explanatory from here. Just always remember to switch the VPN on or off as needed as you switch between your accounts.
An [almost] Costly Mistake
My experience of multi accounting has mainly been plain sailing. I have only made a mistake once but it was VERY time consuming and STRESSFUL to get it rectified.
I logged into one of my additional matched betting accounts and had forgotten to switch my VPN on.
I was caught.. instantly.
Unfortunately for me I had close to £300 in that account at the time and it took about 2-3 months of none stop complaining to get that money back from the bookie.
I DID eventually get the money back and the worst that happened to me was that they banned that account.
But let this serve as a lesson to you that multi accounting does come with risks, and although a lot of the steps above may seem too tedious or time consuming for you.. they are essential.
A Final Caution…
These are my own personal experiences, and I have only ever had one problem (which was my own fault). But with that being said IF you decide to start multi accounting please note that you do so at your own risk.
Still Have Questions
If you have any questions about Multi-Accounting please don’t hesitate to get in touch. I’m happy to help!
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