If you’ve heard about Matched Betting, but aren’t entirely sure what it’s or how it works, you’re in the proper place. Matched Betting (also known as back or lay bet matching) can be an activity that has become increasingly popular in recent years. It involves using offers from bookmakers, such as free bets, to produce a guaranteed profit for yourself. Here we will explain what What is matched betting is, how it works and why people use it.
What’s Matched Betting?
Matched Betting is the process of benefiting from free bets and other bonuses offered by online bookmakers. It involves placing two separate bets; one with a bookmaker (known as a right back bet), and one with a betting exchange (known as a lay bet). The trunk bet involves placing a wager on an outcome of an event to win (e.g. Team A to win) while the lay bet involves placing a wager against an outcome happening (e.g. Team B never to win). Using this method, you are able to guarantee yourself a gain regardless of outcome of the event because you are ‘matching’your bets against each other – hence the word ‘Matched Betting ‘!
How Does Matched Betting Work?
In order to make the most of Matched Betting, you will need to keep yourself informed of two kinds of offers; risk-free bets and bonus promotions. Risk-free bets involve placing more than one wagers without having to risk any money from your own pocket – they’re usually offered in the shape of free bets where you must place one wager with your personal money and then receive another free bet token which can then be used on another event/wager with out any extra cost related to it. Bonus promotions involve receiving bonus money when making deposits or placing certain forms of wagers that meet certain criteria – they’re usually offered in the proper execution of reload bonuses or loyalty rewards where you should meet specific requirements before to be able to withdraw any bonus funds won from them.
After you have identified an offer that fits your criteria for Matched Betting, all that is left for you to do is complete the necessary steps for every single offer – this usually involves becoming a member of an account by having an online bookmaker, creating a deposit into your account and then placing more than one wagers in line with the terms & conditions related to that particular offer. Once all steps have been completed successfully, any bonus funds or free bet tokens awarded will undoubtedly be credited into your account and then can be used on other events/wagers once again ensuring yourself a guaranteed profit regardless of outcome!
In conclusion, we have discussed what Matched Betting is and how it works in detail so hopefully so you have all the data needed to get started! Remember though there are risks associated with gambling so please make sure that you recognize everything before getting involved – if done correctly though, Matched Betting may be incredibly lucrative! All the best!