Introduction:
If you’ve heard of Matched Betting, but aren’t entirely sure what it is or how it works, you’re in the right place. Matched Betting (also known as back or lay bet matching) is an activity that has become increasingly popular in recent years. It involves using offers from bookmakers, such as for instance free bets, to make a guaranteed profit for yourself. Here we will explain what Matched betting is, how it works and why people use it.
What is Matched Betting?
Matched Betting is the method of using free bets and other bonuses provided 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). By doing this, you are able to guarantee yourself a profit regardless of outcome of the big 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 need to keep yourself informed of two types of offers; risk-free bets and bonus promotions. Risk-free bets involve placing more than one wagers and never having to risk hardly any money from your own pocket – they are usually offered in the form of free bets where you must place one wager with your own money and then receive another free bet token which may then be used on another event/wager with no any extra cost related to it. Bonus promotions involve receiving bonus money when making 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 to be able to withdraw any bonus funds won from them.
Once you have identified a present that fits your criteria for Matched Betting, all that’s left for you to do is complete the mandatory steps for every single offer – this usually involves registering for an account with an online bookmaker, building a deposit into your account and then placing one or more wagers based on the terms & conditions related to that particular offer. Once all steps have now been completed successfully, any bonus funds or free bet tokens awarded will undoubtedly be credited into your account and then can be utilized on other events/wagers once again ensuring yourself a guaranteed profit regardless of outcome!
Conclusion:
To conclude, we have discussed what Matched Betting is and how it works in detail so hopefully now you have all the info needed to get going! Remember though that there are risks related to gambling so please ensure that you understand everything before getting involved – if done right though, Matched Betting could be incredibly lucrative! Best of luck!