WHAT IS MATCHED BETTING
Matched Betting is a loophole that we are able to take advantage of when bookmakers offer free bets. In short terms we use the Free Bets they offer to make free guaranteed profit. The Bookmakers quite often will offer a Free Bet to New Customers when they sign up to that company. Some Bookmakers offer Free Bets to existing Customers who might not of placed a bet with them for a while to encourage them to use them more often. We can make Risk Free Cash by betting on all results of a football match or a Horse Race. We Win no matter what the result
HERE IS A QUICK EXAMPLE OF HOW THAT WORKS
We place a bet with a Bookmaker (Lets say Ladbrokes) that Man Utd will beat Liverpool in a Premier League Football Match. This is called a "Back" bet because you are "Backing" Man Utd to win the Match
Now with a Betting Exchange (Lets say Betfair) we are going to place a bet on Man Utd not to win the Premier League Football Match against Liverpool, this is called a "Lay" bet, because you are betting against Man Utd winning. A "Lay" bet would cover our bet if it ended as a draw as we were betting on Man Utd NOT Winning.
You have every angle covered, If Man Utd WIN (We win at the Bookmakers - But lose at Betfair) -
If Man Utd DO NOT Win (We lose at the Bookmakers - But win on Betfair.
So whatever happens, win,lose,or draw we wont lose any money
SO WHAT IS THE POINT IN NOT WINNING OR LOSING ANY MONEY ?
The bet you have just placed on the Man Utd Football Match is what is known as a "Qualifying Bet"
Most Bookmakers expect you to place a "Qualifying Bet" to allow you to claim a "Free Bet" -
The Profits we make always come from the Free Bets and believe me there are that many Bookmakers out there now that someone is always offering a Freebie, even if you have accounts with them
SO NOW WE HAVE EARNED A FREE BET
Ok so we have placed our "Qualifying Bet" with Ladbrokes and now they have rewarded us with a Free Bet. All we are going to do now is repeat the process of the "Qualifying Bet but this time we are playing with Ladbrokes Money (The Free Bet)
We will use another example, I am "Backing" Arsenal (Hoping they WIN) to beat Tottenham at Ladbrokes. Now i am Going to Betfair to "Lay" Arsenal (Hope they LOSE or DRAW) against Tottenham.
We have a special Matched Betting Calculator that will explain to you how much you need to bet and also a Oddsmatcher that finds you something to bet on whilst making the most profit. Too be honest it does not matter what you are betting on it is about finding the best "Value"
All we have to do now is sit back, watch the Arsenal v Tottenham match and enjoy knowing full well that whatever the result at Full Time we have made some risk free profit.
A couple of things i would ALWAYS recommend you do :
ALWAYS read the individual Bookmakers Terms & Conditions
When you make your first deposit with ANY Bookmaker ALWAYS do so via your Credit/Debit Card
Now you are a fully signed up member you can start earning yourself some risk free cash - Enjoy the Ride