Email Address

Creating a new email address for sportsbooks can help keep all of your betting activity organized and separate from your personal email. Sportsbooks tend to send a lot of emails, and they vary in their value/importance. Removing them from your personal inbox can make matched betting easier to manage.

Banking

Depositing and withdrawing from sportsbooks can often be more challenging than matched betting is. Many banks do not work well for making sportsbook deposits. Bank views sports betting as a high risk activity and instead of managing that risk they often choose to decline sportsbook deposits. If you contact the bank asking why it was declined often times they will blame the sportsbook and if you contact the sportsbooks they will blame the bank. It can be incredibly frustrating.

Using a separate bank account for sports betting can make matched betting logistically easier, especially if you use a bank designed with gamblers in mind. DarkHorse Odds works with multiple banking solutions that are designed with gambling in mind and work seamlessly with sportsbooks.

EDGE Boost

The EDGE Boost Visa Debit Card allows you to earn cashback on eligible deposits made to approved sportsbooks. It also has the added benefit of consolidating your bankroll outside of your personal checking account and fast withdrawals from sportsbooks via debit.

There are no costs associated with opening an EDGE Boost account, or minimum balance requirements. EDGE makes money when you use the card and passes a portion of that back to you.

Cashback

The EDGE Boost Visa Debit Card offer up to 0.5% cash back on all sportsbook deposits. The cashback varies based on the volume of your monthly transactions. DarkHorse Odds users start at Tier 2.

Security

EDGE accounts are FDIC insured up to $250,000. Deposit Checking accounts are held with Cross River Bank, Member FDIC insured up to $250,000. The EDGE Boost Visa Debit Card is a Visa® debit card issued by Cross River Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. The EDGE Boost Visa Debit Card is not available to all residents of the U.S. territories.

Consolidation of Funds

Using EDGE allows you to easily separate your matched betting bankroll from your regular checking account. This is not only more organized, it can actually prove beneficial by removing transactions to/from sportsbooks from your everyday checking which is vital if you are undergoing a financial review for things like a mortgage.

Read our full EDGE Boost Review.

GBank

GBank has a Visa Signature® card tailored specifically for online gaming enthusiasts. In collaboration with DarkHorse Odds, GBank offers enticing cashback rewards, including 1% Cashback Rewards on gaming and sports app loads and 2% on all other eligible purchases. Headquartered in Las Vegas, Nevada, GBank crafted its Signature Card with a focus on catering to the gaming community.

Rewards

• 1% cashback rewards on gaming and sports app loads
• 2% on all other eligible purchases

Only use the GBank Visa Signature® card if you know you will use it responsibly, pay it off in full each month, and avoid interest charges.

Read our full GBank Review.

Choose the Order Your Are Completing the Signup Offers

Based on your bankroll and your available offers plan out the order you are going to complete the signup offers. Use the DarkHorse Odds State Guides to build out a plan. This can be one of the most intimidating and complex parts of matched betting. If you want help with this explore our Personalized 1-on-1 Support.

Determine how much you needs to deposit into each sportsbook and set that money aside. Consider how much you need to deposit on the sportsbook with the offer as well as how much you need on a second sportsbook to hedge it.

Create Sportsbook Accounts

Now that your banking is setup and you've determined the order you are going to complete the sportsbook signup offers it is time to create sportsbook accounts. Do not rush this part, if you make a mistake it can cost you thousands of dollars in profit.

Promo Codes

When signing up with sportsbooks some of them require a promo code to be eligible for the signup offer. Caesars is an example of this. Make sure you double check the terms and conditions and apply a promo code if needed.

Min Deposits

In order to qualify for some sportsbook signup offers your first deposit has a minimum amount. DraftKings is an example. In order to qualify for the $1,000 deposit match your first deposit must be $5,000. However, when you go to make your first deposit the amount defaults to $200. Take your time and double check the terms and conditions of the offer as well as any default settings you may want to override.

Timelines

Some signup offers are only valid for a limited time from creating your account. This can be as short a one day. As always double check the terms and conditions as they vary per sportsbook.

Password Manager

Consider using a password manager to create a unique password for every sportsbook. When matched betting you may have large sums of money in sportsbooks. Having a unique password for each one ensures that if one of your sportsbook accounts is compromised the other ones are not.

Two Factor Authentication

Similar to using a unique password for each sportsbook, enabling Two Factor Authentication (2FA) for each sportsbook greatly enhances the security of your accounts. Some states require 2FA for this reason.

Beware of State/Location When Singing Up

If you are planning to travel to another state to take advantage of better signup offers make sure you signup when you are physically located in that state. Do not signup when out of state.

Account Verification

Sportsbooks need to verify your identity which often entails asking for your name, address, and last four of your SSN. Sometimes a sportsbook may have trouble verifying your identity, especially if you moved recently, and may ask for more information such as a utility bill, a selfie of you holding your license, or other means to verify your identity. This is normal, and not a cause for concern.