Introduction:
If you’ve been aware of Matched Betting, but aren’t entirely sure what it’s or how it works, you’re in the right place. Matched Betting (also known as back or lay bet matching) is definitely an activity that’s become increasingly popular in recent years. It involves using offers from bookmakers, such as 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 method of using free bets and other bonuses provided 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 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 never to win). As a result, you are able to guarantee yourself a gain regardless of the outcome of the big event because you are ‘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 informed of two types of offers; risk-free bets and bonus promotions. Risk-free bets involve placing more than one wagers and never having to risk anything from your own pocket – these are usually offered in the shape 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 applied to another event/wager without having any extra cost related to it. Bonus promotions involve receiving bonus money when making deposits or placing certain types of wagers that meet certain criteria – these are usually offered in the proper execution of reload bonuses or loyalty rewards where you must meet specific requirements before to be able to withdraw any bonus funds won from them.
After you have identified a supply that fits your criteria for Matched Betting, all that is left for you to do is complete the necessary steps for every single offer – this usually involves becoming a member of an account with an online bookmaker, making a deposit into your account and then placing a number of wagers based on the terms & conditions related to that one offer. Once all steps have now been completed successfully, any bonus funds or free bet tokens awarded is going to be credited into your account and then can be utilized on other events/wagers once again ensuring yourself a guaranteed profit regardless of outcome!
Conclusion:
To conclude, we have discussed what Matched Betting is and how it works at length so hopefully now you have all the info needed to begin with! Remember though there are risks related to gambling so please make sure that you realize everything before getting involved – if done right though, Matched Betting may be incredibly lucrative! Best of luck!