Maybe you have heard about Matched Betting? It has become a popular solution to make money online, and in this information, 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 whatever the outcome. This type of betting requires some knowledge and knowledge of odds, but can be quite lucrative. Let’s have a closer look at What is matched betting
and how it works to help you 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 an initial bet with your own personal money using one outcome in a sporting event and other event, then placing an opposing bet utilizing the free bet offer from the bookmaker on the opposite outcome. Which means that regardless which team wins or loses, you are guaranteed to create money.
Like, let’s say there is an upcoming football match between Manchester United and Liverpool. You could place £20 on Manchester United to win with your personal money at 11/10 (2.2) odds. Then you could 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’ve placed two equal bets so that your total stake is going to be returned minus any commission taken by the bookmaker – meaning you’ve made a guaranteed profit!
How Does Matched Betting Work?
Matched Betting is relatively straightforward once you realize the basics. First, you need to learn which bookmakers are offering free bets or bonuses for new customers – these can often be entirely 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 that you can place your first bet with your 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 looking for events where both outcomes have similar odds – this ensures that regardless of 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 put both bets making use of your own funds and then use the free bet offer from the bookmaker to position an opposing bet on the opposite result – remember that many times with Matched Betting you will need to wager through any winnings before withdrawing them!
Matched Betting can be quite a smart way to make some more money online with out any prior knowledge or experience in gambling or sports betting – all it takes is sometime and effort! However, if done incorrectly additionally it may lead to losses rather than profits – so always do your research before starting! With this particular guide along with practice and patience anyone should have the ability to start earning money through Mathed Betting right away!