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 called back or lay bet matching) can be an activity that’s 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 will explain what What is matched betting is, how it works and why people use it.
What’s Matched Betting?
Matched Betting is the method of taking advantage of free bets and other bonuses offered 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 trunk bet involves placing a wager on an outcome of an event to win (e.g. Team A to win) while the lay bet involves placing a wager against an outcome happening (e.g. Team B never to win). As a result, you can guarantee yourself a profit regardless of outcome of the function 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 will need to be aware of two types 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 are usually offered in the proper execution of free bets where you have to place one wager with your own personal money and then receive another free bet token which may then be used on another event/wager with out any additional cost associated with it. Bonus promotions involve receiving bonus money when making deposits or placing certain types of wagers that meet certain criteria – they are usually offered in the shape of reload bonuses or loyalty rewards where you have to meet specific requirements before being able to withdraw any bonus funds won from them.
After you have identified a supply that meets your criteria for Matched Betting, all that’s left for you really to do is complete the required steps for every offer – this usually involves registering for an account having an online bookmaker, building a deposit into your account and then placing a number of wagers based on the terms & conditions associated 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 used on other events/wagers yet again ensuring yourself a guaranteed profit whatever the outcome!
In summary, we’ve discussed what Matched Betting is and how it works in detail so hopefully now you have all the data needed to begin with! Remember though that there are risks associated with gambling so please make sure that you understand everything before getting involved – if done right though, Matched Betting may be incredibly lucrative! Best of luck!