Matched betting has been Featured in some of the top online publications. It might sound too good to be true, let's face it, most things on the internet are. In this case however, you don't have to take our word for it. Matched Betting has been featured in the mainstream media.
Matched betting is a way of making money online by taking advantage of bookmaker’s free bets and promotions. Due to the fierce levels of competition in the betting industry, gaining and keeping new customers is a serious challenge faced by all bookmakers.
Matched betting works by cancelling out the risk on the 'back' bet at the online bookies by betting against yourself at the same odds (know as 'laying' a bet) which you can do at a betting exchange. In other words, you are 'matching' your bet. Following your first or 'qualifying' real money bet, you will then be awarded the free bet by the bookmaker.
In theory matched betting is a risk-free way to make money online. However it is not 100% risk free in practice because of human errors and bookmaker restrictions. To minimize the risk always make sure to check the odds before placing bets and carefully read through the T&Cs of the bookmaker bonus offers before signing up.
What wager types are best for matched betting? The implementation of matched betting is most effective when you're dealing with two outcomes that have similar odds. You're trying to make sure you turn a small profit, and playing both sides of the fence at +250 and -250 opens the door for you to come out of a loser. This is why point spreads and over/under are ideal for matched betting. Both sides of those wagers usually return -110, so you don't have to worry about one line severely ...
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If you’re new to matched betting, you’re probably interested in how this technique works and how you can make money online risk and tax-free. Matched betting takes advantage of bookies free bets and promotions. The betting companies use these offers to entice new and existing customers to place bets with them.
Alternatives to matched betting outside the UK. If you live outside the UK or Ireland, you probably won’t be able to do matched betting. I did find this guide on how to do matched betting in certain countries, but remember that betting itself is illegal in many jurisdictions.
Matched betting is not gambling. If you gamble, then there is a good chance you will lose. Maybe not immediately, but eventually. Matched betting allows you to cover every outcome, and thanks to special offers, it means you will always end up winning. Matched betting involves taking advantage of these free bets.