Matched Betting: A Risk-Free Way To Bet
A typical gambler has to be pretty lucky to get away with a profit when it comes to betting on sports. The real winner in the gambling world is the bookie, who ends up with most of the profit. Matched betting, however, refers to a betting technique that ensures a risk-free bet, and is sometimes referred to as double betting. Matched betting relies on simple mathematical formulas, rather than chance.
How does it work?
Matched betting manipulates the promotions given out by internet betting agencies, which are given out as a way to lure new customers. Another key point is that bookies tend to disagree on the odds, and therefore, have different betting ratios. Instead of being swayed by these promotions, experienced gamblers will use these promotions to bet on two different bookies. After the betting event has occurred, the ‘gamblers’ will have made a small profit (assuming the betting ratios were different).
An example of matched betting would be if an individual placed a bet with bookmaker A, in which the bet was placed for England to win. If England lost, that individual would lose the money placed on that bet. This individual would then place a second bet (known as a lay bet) for England to lose, which would essential make the entire bet risk-free. By initially placing a bet with a new bookmaker, the individual qualifies for a free bet (for new customers), which the individual can use to make a profit by betting for the other team to win.
You can use any of the free bets from the bookmakers listed on the right hand side to help you with your matched betting.
Matched betting calculator above.