Maybe you have been aware of Matched Betting? It has become a popular solution to generate income online, and in this short article, we will explain what it’s and how it works. Matched Betting is a method of leveraging free bets made available from bookmakers to guarantee a profit regardless of outcome. This type of betting requires some knowledge and understanding of odds, but could be very lucrative. Let’s have a closer look at Matched betting
and how it works in order to determine if it’s right for you.
What is Matched Betting?
Matched Betting uses the free bet offers from bookmakers like William Hill, Ladbrokes and Paddy Power to produce a guaranteed profit. It involves placing a preliminary bet with your own money using one outcome in a sporting event or other event, then placing an opposing bet using the free bet offer from the bookmaker on the opposite outcome. Which means regardless that team wins or loses, you are guaranteed to make money.
As an example, let’s say there is an upcoming football match between Manchester United and Liverpool. You might place £20 on Manchester United to win with your own money at 11/10 (2.2) odds. Then you can 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 your total stake is going to be returned minus any commission taken by the bookmaker – meaning you have made a guaranteed profit!
How Does Matched Betting Work?
Matched Betting is relatively straightforward once you recognize the basics. First, you’ll need to discover which bookmakers are offering free bets or bonuses for clients – these may often be found on comparison sites such as Oddschecker or BonusCodeBets.Then whatever you should do is create accounts with those bookmakers and deposit some funds into them so that you can place your first bet with your own personal money – usually only around £20-£50 depending on the offer being used. Once that has been done, it’s simply a case of searching for events where both outcomes have similar odds – this ensures that irrespective 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 place both bets making use of your own funds and then utilize the free bet offer from the bookmaker to position an opposing bet on the opposite result – keep in mind that a lot of times with Matched Betting you’ll need to wager through any winnings before withdrawing them!
Matched Betting could be a great way to produce some extra money online with out any prior knowledge or experience in gambling or sports betting – all it will take is time and effort! However, if done incorrectly additionally it may lead to losses rather than profits – so always do your research before getting started! With this guide in addition to practice and patience anyone should be able to start earning profits through Mathed Betting very quickly!