If you’ve heard about Matched Betting, but aren’t entirely sure what it’s or how it works, you’re in the best place. Matched Betting (also known as back or lay bet matching) is definitely an activity that has become increasingly popular in recent years. It involves using offers from bookmakers, such as for instance free bets, to make 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 procedure 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 right back bet), and one with a betting exchange (known as a lay bet). The rear 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 are able to guarantee yourself a gain regardless of the outcome of the event because you’re ‘matching’your bets against one another – hence the word ‘Matched Betting ‘!
How Does Matched Betting Work?
In order to take advantage of Matched Betting, you need to be aware of two types of offers; risk-free bets and bonus promotions. Risk-free bets involve placing a number of wagers and never having to risk any money from your personal pocket – they’re usually offered in the proper execution of free bets where you should place one wager with your personal money and then receive another free bet token which can then be utilized on another event/wager with no any additional cost associated with it. Bonus promotions involve receiving bonus money when making deposits or placing certain kinds of wagers that meet certain criteria – these are usually offered in the shape 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 supply that meets your criteria for Matched Betting, all that’s left for you to do is complete the required steps for each offer – this usually involves becoming a member of an account with an online bookmaker, making a deposit into your account and then placing more than one wagers in line with the terms & conditions related to that specific offer. Once all steps have been completed successfully, any bonus funds or free bet tokens awarded will be credited into your account and then may be used on other events/wagers yet again ensuring yourself a guaranteed profit whatever the outcome!
In summary, we have discussed what Matched Betting is and how it works in more detail so hopefully so you have all the info needed to begin with! Remember though that there are risks associated with gambling so please ensure that you realize everything before getting involved – if done correctly though, Matched Betting could be incredibly lucrative! All the best!