If you’ve been aware of Matched Betting, but aren’t entirely sure what it is or how it works, you’re in the proper place. Matched Betting (also called back or lay bet matching) is an activity that’s 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 What is match betting is, how it works and why people use it.
What is Matched Betting?
Matched Betting is the procedure of taking advantage of free bets and other bonuses provided by 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 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 never to win). Using this method, you are able to guarantee yourself a gain regardless of outcome of the big event because you are ‘matching’your bets against one another – hence the definition of ‘Matched Betting ‘!
How Does Matched Betting Work?
In order 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 one or more wagers without having to risk anything from your personal pocket – they’re usually offered in the proper execution of free bets where you must place one wager with your own money and then receive another free bet token which will 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 – they are usually offered in the form 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 present that meets your criteria for Matched Betting, all that’s left for you really to do is complete the mandatory steps for every single offer – this usually involves signing up for an account having an online bookmaker, building a deposit into your account and then placing a number of wagers in line with the terms & conditions related to that one offer. Once all steps have been completed successfully, any bonus funds or free bet tokens awarded is likely to be credited into your account and then can be used on other events/wagers yet again ensuring yourself a guaranteed profit whatever the outcome!
To conclude, we have discussed what Matched Betting is and how it works in more detail so hopefully so you have all the information needed to begin with! Remember though there are risks connected with gambling so please be sure that you understand everything before getting involved – if done right though, Matched Betting can be incredibly lucrative! Best of luck!