Matched betting is a betting strategy used to make a profit from the free bets and incentives offered by bookmakers. The idea is to bet on all possible outcomes of an event so that the bettor is guaranteed a profit regardless of the outcome. This is achieved by placing offsetting bets with different bookmakers to cancel out the potential loss. Matched betting is legal, tax-free, and considered a risk-free form of betting. Whether you are a parent, student, or sports fan, matched betting is an ideal way to make some extra cash.
According to the experts at Matched Wins, matched betting is a low-risk gambling strategy that leverages free bets and bonuses offered by bookmakers. It is designed to help bettors make a profit without incurring any losses. The technique involves betting on all possible outcomes of a sporting event and using offsetting bets with different bookmakers to ensure a profit, regardless of the outcome.
To effectively implement this strategy, it is important to be well-organised and to have a good understanding of the betting market. It is recommended to use a spreadsheet or auto-matching software to save time and avoid errors. Additionally, it is advisable to double-check all information and calculations before placing any bets.
Bookmakers often offer free bets and bonuses to attract new customers or retain existing ones. Matched betting takes advantage of these offers and can convert 60-85% of these free bets into cash. It is a flexible way to make money and can be done independently, as long as you have the necessary mathematical skills and market knowledge.
In summary, matched betting is a betting technique that utilises bookmakers’ promotions and bonuses to guarantee a profit. While it may seem confusing at first, it can be a lucrative opportunity for those who are willing to invest time and effort into understanding the market and perfecting the strategy. We highly recommend the 100% free guides at Matched Wins to help you get started.
Here is a short step-by-step guide from Matched Wins to get you started with matched betting:
- Research Bookmakers and Promotions: Look for bookmakers that offer promotions and bonuses, such as free bets, to new customers.
- Sign up for Bookmaker Accounts: Register for bookmaker accounts that offer promotions and bonuses, and take advantage of any sign-up bonuses.
- Place a Bet with a Bookmaker: Place a bet with a bookmaker, using a free bet or bonus if available.
- Place a Bet with an Exchange: Place the opposite bet of the one you placed with the bookmaker – so that whichever side wins – you manage to convert the free bet from a bookmaker into cash!
- Repeat the Process: Repeat the process with multiple bookmakers and promotions to accumulate profits over time.
- Manage your Bankroll: Keep track of your profits and losses and manage your bankroll effectively.
- Stay Up to Date with Promotions and Bonuses: Stay informed about bookmakers’ latest promotions and bonuses to maximise your profits.
It is important to note that matched betting requires discipline, patience, and a good understanding of the betting market. Additionally, it is essential to be aware of the risks involved and to always gamble responsibly.
Consulting a matched betting website such as Matched Wins can be helpful when getting started, as these websites provide free guides, information, tools, and advice. They often have experts who analyse the odds and provide recommendations on which bets to place and how to minimise risk. Additionally, they may offer tools like calculators and odds-matching software to assist in identifying the best betting opportunities. By utilising the resources and advice of a matched betting website, you can significantly increase the profits you make.