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 known as back or lay bet matching) is an activity that has become increasingly popular in recent years. It involves using offers from bookmakers, such as free bets, to produce a guaranteed profit for yourself. Here we shall explain what What is match betting is, how it works and why people use it.
What is 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 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) whilst the lay bet involves placing a wager against an outcome happening (e.g. Team B to not win). By doing this, you can guarantee yourself a profit regardless of outcome of the big event because you are ‘matching’your bets against each other – hence the definition of ‘Matched Betting ‘!
How Does Matched Betting Work?
In order to make the most of Matched Betting, you will need to keep yourself updated of two forms of offers; risk-free bets and bonus promotions. Risk-free bets involve placing a number of wagers and never having to risk hardly any money from your personal pocket – they’re usually offered in the form of free bets where you must place one wager with your own personal money and then receive another free bet token which will then be used on another event/wager with no any extra cost associated with 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 need to meet specific requirements before to be able to withdraw any bonus funds won from them.
When you have identified an offer that meets your criteria for Matched Betting, all that is left for you yourself to do is complete the required steps for each offer – this usually involves signing up for an account with an online bookmaker, making a deposit into your account and then placing a number of wagers based on the terms & conditions connected with that one offer. Once all steps have already been completed successfully, any bonus funds or free bet tokens awarded will undoubtedly be credited into your account and then can be utilized on other events/wagers yet again ensuring yourself a guaranteed profit regardless of outcome!
In conclusion, we’ve discussed what Matched Betting is and how it works in detail so hopefully now you have all the info needed to get going! Remember though that there are risks associated with gambling so please ensure that you understand everything before getting involved – if done properly though, Matched Betting can be incredibly lucrative! All the best!