If you’ve been aware of Matched Betting, but aren’t entirely sure what it is or how it works, you’re in the right place. Matched Betting (also called 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 for instance free bets, to create a guaranteed profit for yourself. Here we shall explain what What is match betting is, how it works and why people use it.
What’s Matched Betting?
Matched Betting is the process of taking advantage of 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 rear bet involves placing a wager on an outcome of an event to win (e.g. Team A to win) as the lay bet involves placing a wager against an outcome happening (e.g. Team B never to win). As a result, you are able to guarantee yourself a gain regardless of the outcome of the big event because you are ‘matching’your bets against one another – hence the term ‘Matched Betting ‘!
How Does Matched Betting Work?
To be able to make the most of Matched Betting, you’ll need to keep yourself updated of two forms of offers; risk-free bets and bonus promotions. Risk-free bets involve placing a number of wagers without having to risk any money from your own pocket – they’re usually offered in the form of free bets where you must place one wager with your own personal money and then receive another free bet token which can then be applied to another event/wager without having any additional cost connected with it. Bonus promotions involve receiving bonus money when coming up with deposits or placing certain types of wagers that meet certain criteria – they are usually offered in the proper execution of reload bonuses or loyalty rewards where you should meet specific requirements before being able to withdraw any bonus funds won from them.
When you have identified a supply that meets your criteria for Matched Betting, all that’s left for you really to do is complete the required steps for each offer – this usually involves registering for an account by having an online bookmaker, making a deposit into your account and then placing more than one wagers according to the terms & conditions associated with that specific offer. Once all steps have now been completed successfully, any bonus funds or free bet tokens awarded is going to be credited into your account and then may be used on other events/wagers yet again ensuring yourself a guaranteed profit regardless of the outcome!
To conclude, we have discussed what Matched Betting is and how it works in detail so hopefully so you have all the information needed to begin with! Remember though that there are risks related to gambling so please be sure that you recognize everything before getting involved – if done correctly though, Matched Betting may be incredibly lucrative! Good luck!