What is Matched Betting?

Do you believe in making money from bookmakers without any risk? It sounds a bit wild, but Matched Betting is the method created to do it

When betting, you have to accept the fact that you can win or lose against bookmakers or other players. Normally bookmakers will be the final winners, but hundreds of people have won bookmakers over the years, using a method known as risk-free called Matched Betting. This method has been tried and tested for years, and it’s perfectly legal, but you’ll need to spend a lot of time researching it to make it without any mistakes.

Matched Betting is a technique for finding free betting offers offered on bookmakers. Nearly all bookmakers will have these incentives to attract players as well as participate in their games. For example, 188BET and Sbobet simultaneously offer a free $ 25 bet on your first bet. According to many betting experts, many bookmakers are willing to spend an average of $ 300 to get a new customer – and this amount is reflected in the free bets offer.

To perform Matched Betting you need to know two types of bet which allow matched betting to work which is a ‘back’ bet and a ‘lay’ bet

  • A ‘back’ bet: is a bet based on the outcome you are confident that will happen. For example: “I bet Manchester United will win” is a backing bet. If it comes true, you win the bet and have your award. If Manchester United lose or draw, you lose your stake. You can place this bet at any prestigious bookmakers.  
  • A ‘lay’ bet: is the opposite with back bet which means you will be based on the outcome that you think it will not happen. For example: “I bet Manchester United will lose” is a play bet. If they lose, you will win the bet. You can only place a lay bet at a betting exchange bookmaker

Matched Betting works by removing the risk on the ‘back’ bet at the online bookies by betting against yourself at the same odds (know as ‘laying’ a bet) which you can do at a betting exchange bookmaker. That why it’s called Matched Betting cause you are ‘matching’ with your bet. You will be awarded the free bet by the bookmaker for your first or ‘qualifying’ real money bet so this is where the profit is made. This technique is just quite that simple, you just need to repeat the process: bet using the free bet and then lay the bet again. 

For each successful implementation of Matched Betting, You will be earned with up to 95% of the free bet amount as profit. This is because bookmakers usually charge a commission of 5% on winnings. You may also lose a small portion of your profits due to the difference in betting rates between bookmakers. And more importantly with this approach, you are currently tax-free. 

Bookmakers will make every effort to prevent matched betting by taking a commission or requiring the player to bet several times before drawing any winnings. All players can learn how to use matched betting and you will have no risk involved because it covered yourself by betting for and against the same event.

However, risks can still occur if you made mistakes so, once again, you need to double-check everything and follow the steps exactly. As you’ve understood the process, matched betting can be used at many other online bookies with free bet offers which can quite quickly land you a lot of money without risk.

Actually, there are many professional betting groups focusing on Matched betting, although the amount is not large it can be to 1000-1500 per month with the risk of almost zero. So if you are a lover of betting and want to make easy money even though it is a bit hard, this is what you should pursue.