If you’ve been aware of 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 an activity that has become increasingly popular in recent years. It involves using offers from bookmakers, such as for instance free bets, to produce a guaranteed profit for yourself. Here we shall explain what Matched 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 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 rear bet involves placing a wager on an outcome of an event to win (e.g. Team A to win) as the lay bet involves placing a wager against an outcome happening (e.g. Team B not to win). As a result, you can guarantee yourself a gain regardless of outcome of the function because you are ‘matching’your bets against each other – hence the term ‘Matched Betting ‘!
How Does Matched Betting Work?
To be able to take advantage of Matched Betting, you will need to be aware of two kinds of offers; risk-free bets and bonus promotions. Risk-free bets involve placing a number of wagers without having to risk any money from your personal pocket – they’re usually offered in the shape of free bets where you must place one wager with your own money and then receive another free bet token which will then be utilized on another event/wager with out any additional cost connected with it. Bonus promotions involve receiving bonus money when coming up with deposits or placing certain kinds of wagers that meet certain criteria – these are usually offered in the form of reload bonuses or loyalty rewards where you must meet specific requirements before being able to withdraw any bonus funds won from them.
Once you’ve identified a supply that fits 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 by having an online bookmaker, making a deposit into your account and then placing more than one wagers according to the terms & conditions associated with that specific 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 once more ensuring yourself a guaranteed profit whatever the outcome!
To conclude, we’ve discussed what Matched Betting is and how it works in detail so hopefully now you have all the info needed to begin with! Remember though that there are risks associated with gambling so please be sure that you realize everything before getting involved – if done right though, Matched Betting may be incredibly lucrative! Good luck!