If you’ve heard about Matched Betting, but aren’t entirely sure what it’s or how it works, you’re in the right place. Matched Betting (also referred to as back or lay bet matching) can be an activity that has become increasingly popular in recent years. It involves using offers from bookmakers, such as for instance free bets, to create a guaranteed profit for yourself. Here we will explain what Matched betting is, how it works and why people use it.
What’s Matched Betting?
Matched Betting is the procedure of using free bets and other bonuses made available from online bookmakers. It involves placing two separate bets; one with a bookmaker (known as a right back bet), and one with a betting exchange (known as a lay bet). The back bet involves placing a wager on an outcome of an event to win (e.g. Team A to win) whilst the lay bet involves placing a wager against an outcome happening (e.g. Team B to not win). Using this method, you can guarantee yourself a profit regardless of outcome of the event because you’re ‘matching’your bets against one another – hence the term ‘Matched Betting ‘!
How Does Matched Betting Work?
To be able to make the most of Matched Betting, you will need to keep yourself updated of two types of offers; risk-free bets and bonus promotions. Risk-free bets involve placing more than one wagers without having to risk any money from your personal pocket – they are usually offered in the proper execution of free bets where you need to place one wager with your own personal money and then receive another free bet token which can then be used on another event/wager without having any extra cost connected with it. Bonus promotions involve receiving bonus money when making deposits or placing certain kinds of wagers that meet certain criteria – they are usually offered in the proper execution of reload bonuses or loyalty rewards where you have to meet specific requirements before being able to withdraw any bonus funds won from them.
Once you have identified a present that meets your criteria for Matched Betting, all that is left for you yourself to do is complete the necessary steps for each offer – this usually involves becoming a member of an account having an online bookmaker, creating a deposit into your account and then placing more than one wagers based on the terms & conditions connected with that one offer. Once all steps have now been completed successfully, any bonus funds or free bet tokens awarded is likely to be credited into your account and then may be used on other events/wagers once more ensuring yourself a guaranteed profit regardless of the outcome!
To conclude, we have discussed what Matched Betting is and how it works in more detail so hopefully now you have all the info needed to begin with! Remember though that there are risks associated with gambling so please be sure that you understand everything before getting involved – if done correctly though, Matched Betting may be incredibly lucrative! Good luck!