If you’ve heard about Matched Betting, but aren’t entirely sure what it is or how it works, you’re in the best 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 example free bets, to produce a guaranteed profit for yourself. Here we shall explain what Matched betting is, how it works and why people use it.
What’s Matched Betting?
Matched Betting is the process of using free bets and other bonuses offered by 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 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). As a result, you can guarantee yourself a gain whatever the outcome of the function because you’re ‘matching’your bets against one another – hence the definition of ‘Matched Betting ‘!
How Does Matched Betting Work?
To be able to make the most of Matched Betting, you’ll need to keep yourself informed of two forms of offers; risk-free bets and bonus promotions. Risk-free bets involve placing one or more wagers without having to risk hardly any money from your own personal pocket – these are usually offered in the proper execution of free bets where you have to place one wager with your personal money and then receive another free bet token which may then be utilized on another event/wager with no any additional cost connected with it. Bonus promotions involve receiving bonus money when coming up with deposits or placing certain kinds of wagers that meet certain criteria – these are usually offered in the form of reload bonuses or loyalty rewards where you need to meet specific requirements before to be able to withdraw any bonus funds won from them.
When you have identified an offer that fits your criteria for Matched Betting, all that is left for you really to do is complete the mandatory steps for every offer – this usually involves becoming a member of 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 one offer. Once all steps have already been completed successfully, any bonus funds or free bet tokens awarded is likely to be credited into your account and then can be utilized on other events/wagers yet again ensuring yourself a guaranteed profit regardless of the outcome!
To conclude, we’ve discussed what Matched Betting is and how it works in detail so hopefully now you have all the data needed to get going! Remember though there are risks related to gambling so please make sure that you understand everything before getting involved – if done right though, Matched Betting may be incredibly lucrative! Best of luck!