39% of Americans have some form of side hustle today. So it's no surprise that as one of the US's fastest-growing side hustles of the 2020s, matched betting has reached almost all corners of the country in recent years.
Involving turning sportsbook promos into guaranteed cash at zero risk, it isn’t hard to see why matched betting has fast become one of the nation's most talked about side hustles.
But for all its booming popularity, is matched betting 100% legal in the US? Which states is it available in? And is it classed as gambling? All will be answered in this article.
Is Matched Betting Legal in the US?
Before we dive in - let's first answer the most obvious question - is matched betting legal in the US?
This question is a strange one that we often get asked, but yes, absolutely!
Matched betting and the dutching process it uses is legal in the US, but to access it you must live in a state in which online sports betting is legal. Should sports betting be legalized in your state and a sufficient pool of online sportsbooks exist, making money with matched betting is 100% legal and achievable.
While matched betting platforms in the US are far fewer than in countries like the UK and Australia, where it is more established, as more states open their doors to sports betting in the coming years, this number is forecasted to continue growing.
Which States Allow Matched Betting? A-Z
The 26 states that allow online sports betting (and therefore matched betting) include:
- New Hampshire
- New Jersey
- New York
- Rhode Island
- Washington D.C. (though technically a district, not a state)
As mentioned, this is a list of the states that allow matched betting to take place. However, as covered by CBS Sports, the number of sportsbooks available in each state can differ, making it easier to make money matched betting in some states than others.
Though matched betting is still in its early stages in the U.S. compared with Europe (making the sportsbook offers over here much more generous), as a side hustle, it has grown rapidly over the past 12 months with the expansion of sports betting as a whole.
Now, the number of states that welcome some form of sports betting (both online and offline) stands at 38, up from 28 in June 2023. As this number grows year-on-year (with states including Oklahoma, Georgia, Minnesota and Missouri tipped to join in 2024), the popularity of no risk matched betting is set to continue booming.
Do I Have to Live in a State to Matched Bet There?
The short answer - no.
It is perfectly acceptable to convert a state's matched betting opportunities even if you're not a resident of that state. The only requirement is that you have to be present in that state at that time.
Let's say you live in Florida (where sports betting is not yet available), it's perfectly legal to take the trip up the coast to New Jersey for the summer, work through the state's generous sportsbook promos and come back with $11,000+ in your pocket, all without risking a dollar.
Is Matched Betting Gambling?
Before we get onto the ‘how’, it's probably worth answering one of the biggest questions surrounding matched betting after ‘is matched betting illegal?', and that's ‘is matched betting gambling?’
Though it has ‘betting’ in the name, by definition the matched betting is not gambling. Why? Because when followed correctly, with matched betting you do not gamble a dollar of your own money.
Unlike traditional sports betting where you place a wager on a side to win a game and cross your fingers, with matched betting all outcomes of a game are covered, eliminating risk.
In doing this, you unlock a sportsbook promotion (the most common being free bets and risk-free bets), which can then be used when the process is repeated to guarantee yourself a profit, no matter the final result.
So is matched betting gambling? Absolutely not, when followed correctly, it's a safe, legitimate, risk-free side hustle that can contribute towards that car, wedding or vacation you've been saving for.
Is Matched Betting for Me?
As we've touched on, matched betting is not gambling, is perfectly legal (providing you're in a state where sports betting is) and is widely accessible across the U.S.
This means that generally, if you live in the USA, have access to the internet, and are looking for a side hustle that can earn you $1,000s per month in your spare time, matched betting is absolutely something you should consider.
You don't have to have betting experience, be a maths genius or have tons of hours to burn a week to make money matched betting. At ProfitDuel we provide all of the software, strategies and support to help you earn $1,000s per month from home risk-free.
Just ask our members - we've had over 400,000 in the USA and Europe who'd agree.
So if you'd like to give the U.S's fastest-growing side hustle a try, sign up for the ProfitDuel 14-day free trial. In this, we've included a welcome offer that can earn you a guaranteed $100.
Want to learn a bit more about the process before you start you trial? Fear not, we've created a free guide outlining the five steps to earning your first $100 with ProfitDuel.