If you’ve heard of Matched Betting, but aren’t entirely sure what it is or how it works, you’re in the best place. Matched Betting (also known as back or lay bet matching) can be an activity that’s become increasingly popular in recent years. It involves using offers from bookmakers, such as free bets, to make a guaranteed profit for yourself. Here we will explain what What is matched betting is, how it works and why people use it.
What is 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 straight back bet), and one with a betting exchange (known as a lay bet). The trunk 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 not to win). Using this method, you can guarantee yourself a profit regardless of outcome of the big event because you are ‘matching’your bets against each other – hence the word ‘Matched Betting ‘!
How Does Matched Betting Work?
In order to make the most of Matched Betting, you’ll need to keep yourself informed of two kinds of offers; risk-free bets and bonus promotions. Risk-free bets involve placing one or more wagers without having to risk any money from your personal pocket – they’re usually offered in the shape of free bets where you must place one wager with your own personal money and then receive another free bet token which may then be utilized on another event/wager with out any extra cost related to it. Bonus promotions involve receiving bonus money when creating deposits or placing certain kinds of wagers that meet certain criteria – they’re usually offered in the shape of reload bonuses or loyalty rewards where you should meet specific requirements before to be able to withdraw any bonus funds won from them.
Once you’ve identified a present that meets your criteria for Matched Betting, all that is left for you yourself to do is complete the mandatory steps for each offer – this usually involves registering for an account by having an online bookmaker, creating a deposit into your account and then placing more than one wagers according to 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 can be used on other events/wagers once again ensuring yourself a guaranteed profit regardless of outcome!
To conclude, we have discussed what Matched Betting is and how it works in detail so hopefully so you have all the data needed to get going! Remember though that there are risks related to gambling so please ensure that you recognize everything before getting involved – if done right though, Matched Betting could be incredibly lucrative! Best of luck!