If you’ve heard about Matched Betting, but aren’t entirely sure what it is 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 for example free bets, to create a guaranteed profit for yourself. Here we will explain what What is match betting is, how it works and why people use it.
What’s Matched Betting?
Matched Betting is the procedure of benefiting from free bets and other bonuses made available from online bookmakers. It involves placing two separate bets; one with a bookmaker (known as a back bet), and one with a betting exchange (known as a lay bet). The back 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). By doing this, you can guarantee yourself a profit whatever the outcome of the event because you’re ‘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’ll need to keep yourself updated 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 any money from your own pocket – they are usually offered in the shape of free bets where you need to place one wager with your own personal money and then receive another free bet token which may then be applied to another event/wager with out any additional cost related to it. Bonus promotions involve receiving bonus money when coming up with deposits or placing certain forms 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.
After you have identified an offer that meets your criteria for Matched Betting, all that’s left for you yourself to do is complete the required steps for each offer – this usually involves registering for an account with an online bookmaker, creating a deposit into your account and then placing one or more wagers according to the terms & conditions connected with that particular offer. Once all steps have now been completed successfully, any bonus funds or free bet tokens awarded will undoubtedly be credited into your account and then can be used on other events/wagers yet again ensuring yourself a guaranteed profit regardless of the outcome!
In conclusion, we’ve discussed what Matched Betting is and how it works in more detail so hopefully so you have all the information needed to get started! Remember though there are risks connected with gambling so please ensure that you realize everything before getting involved – if done properly though, Matched Betting may be incredibly lucrative! Good luck!