If you’ve heard of Matched Betting, but aren’t entirely sure what it’s or how it works, you’re in the proper place. Matched Betting (also called 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 for instance free bets, to produce a guaranteed profit for yourself. Here we shall explain what What is matched betting is, how it works and why people use it.
What’s Matched Betting?
Matched Betting is the process of taking advantage of free bets and other bonuses made available from online bookmakers. It involves placing two separate bets; one with a bookmaker (known as a 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) as the lay bet involves placing a wager against an outcome happening (e.g. Team B not to win). Using this method, you are able to guarantee yourself a profit regardless of outcome of the event because you are ‘matching’your bets against each other – hence the term ‘Matched Betting ‘!
How Does Matched Betting Work?
In order to make the most of Matched Betting, you need to keep yourself updated of two forms of offers; risk-free bets and bonus promotions. Risk-free bets involve placing more than one wagers and never having to risk any money from your own personal pocket – they are usually offered in the form of free bets where you should place one wager with your own personal money and then receive another free bet token which will then be utilized on another event/wager without having any extra cost related to it. Bonus promotions involve receiving bonus money when creating deposits or placing certain forms of wagers that meet certain criteria – they’re usually offered in the form of reload bonuses or loyalty rewards where you have to meet specific requirements before to be able to withdraw any bonus funds won from them.
Once you have identified a supply that meets your criteria for Matched Betting, all that is left for you to do is complete the required steps for each offer – this usually involves signing up for an account having an online bookmaker, building a deposit into your account and then placing more than one wagers based on the terms & conditions related to that specific offer. Once all steps have now been completed successfully, any bonus funds or free bet tokens awarded will soon be credited into your account and then may be used on other events/wagers once more ensuring yourself a guaranteed profit regardless of outcome!
In summary, we have discussed what Matched Betting is and how it works in detail so hopefully so you have all the info needed to get started! Remember though there are risks connected with gambling so please ensure that you recognize everything before getting involved – if done right though, Matched Betting could be incredibly lucrative! All the best!