Perhaps you have been aware of Matched Betting? It has turned into a popular way to earn money online, and in this article, we shall explain what it’s and how it works. Matched Betting is a way of leveraging free bets offered by bookmakers to guarantee a gain regardless of the outcome. This type of betting requires some knowledge and understanding of odds, but could be very lucrative. Let’s take a closer look at What is match betting
and how it works so you can decide if it’s right for you.
What’s Matched Betting?
Matched Betting uses the free bet offers from bookmakers like William Hill, Ladbrokes and Paddy Power to make a guaranteed profit. It involves placing a preliminary bet with your own personal money on a single outcome in a sporting event or other event, then placing an opposing bet utilizing the free bet offer from the bookmaker on the opposite outcome. This means that regardless that team wins or loses, you are guaranteed to create money.
Like, let’s say there is an impending football match between Manchester United and Liverpool. You could place £20 on Manchester United to win with your own personal money at 11/10 (2.2) odds. Then you can use the free bet offer from the bookmaker to put £20 on Liverpool at 11/10 (2.2) odds as well. Irrespective of who wins or loses, you have placed two equal bets so your total stake will undoubtedly be returned minus any commission taken by the bookmaker – meaning you have made a guaranteed profit!
How Does Matched Betting Work?
Matched Betting is relatively straightforward once you recognize the basics. First, you’ll need to find out which bookmakers are offering free bets or bonuses for new customers – these can often be found on comparison sites such as Oddschecker or BonusCodeBets.Then whatever you need to do is create accounts with those bookmakers and deposit some funds into them so you can place your first bet with your own personal money – usually only around £20-£50 with respect to the offer being used. Once that has been done, it’s simply a case of searching for events where both outcomes have similar odds – this ensures that aside from who wins or loses, both bets will return nearly identical amounts (minus any commission taken by the bookmaker). Then all that’s left is to place both bets using your own funds and then use the free bet offer from the bookmaker to place an opposing bet on the opposite result – remember that a lot of times with Matched Betting you’ll need to wager through any winnings before withdrawing them!
Matched Betting can be a great way to create some more money online with out any prior knowledge or experience in gambling or sports betting – all it will take is a while and effort! However, if done incorrectly it can also cause losses as opposed to profits – so always do your research before getting started! With this guide along with practice and patience anyone should have the ability to start earning profits through Mathed Betting very quickly!