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What to Do When You Hit a Losing Streak in Matched Betting

Introduction:

Perhaps you have been aware of Matched Betting? It has turned into a popular method to make money online, and in this article, we shall explain what it is and how it works. Matched Betting is a technique of leveraging free bets made available from bookmakers to guarantee a gain regardless of the outcome. This type of betting requires some knowledge and comprehension of odds, but could be very lucrative. Let’s take a closer look at What is matched betting
and how it works to help you determine 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 personal money on one outcome in a sporting event or other event, then placing an opposing bet utilising the free bet offer from the bookmaker on the opposite outcome. This means that regardless of which team wins or loses, you are guaranteed to produce money.

For instance, let’s say there is a future football match between Manchester United and Liverpool. You could place £20 on Manchester United to win with your own personal money at 11/10 (2.2) odds. Then you could use the free bet offer from the bookmaker to position £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 likely 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 recognize the basics. First, you’ll need to learn which bookmakers are offering free bets or bonuses for new customers – these can often be available on comparison sites such as Oddschecker or BonusCodeBets.Then all you could have 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’s been done, it’s merely a case of searching 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 position both bets using your own funds and then use the free bet offer from the bookmaker to put an opposing bet on the alternative result – just remember that a lot of times with Matched Betting you will need to wager through any winnings before withdrawing them!
Conclusion:

Matched Betting can be quite a smart way to create some more money online without having any prior knowledge or experience in gambling or sports betting – all it will take is time and effort! However, if done incorrectly it may also result in losses as opposed to profits – so always do your research before starting! With this specific guide along with practice and patience anyone should be able to start earning profits through Mathed Betting right away!